Tesla shareholder says Musk is ‘unfocused’ as CEO

A group of Tesla (TSLA) shareholders are trying to encourage others to vote against Elon Musk's $56 billion pay package, saying Musk is distracted by the other companies he is running. The group wrote to shareholders, "Tesla is suffering from a material governance failure which requires our urgent attention and action." Brad Lander, one of the letter's signatories and New York City Comptroller, joins Market Domination to discuss the move.
Lander calls Musk's pay package "stratospheric" but explains that the bigger problem is the lack of independent board governance. The comptroller adds that shareholders did not have a meaningfully independent say on pay and that Tesla is "acting like a family-owned business."
"I'd like to see a Tesla CEO who is focused on Tesla, and that's not what we have," Lander says, detailing Musk's distractions, from SpaceX to X. He emphasizes that the CEO's focus should be expanding electric vehicles and making money for shareholders.
#youtube #TESLA #news
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[theloadedmiles]

those banks have short positions just saying.

[armmuse]

If it weren't for Elon, I wouldn't buy Tesla stocks . And I vote FOR him getting compensation package .

[changalbert]

This is stupid. If you're a real shareholder, you want tesla shares to go up. If you think it is fair to take away Elon's pay that was previously agreed to AND resulted in 10xing your investment after the fact, then why don't you should sell your shares at the 2018 price? I think we can all agree that if Elon doesn't get his shares reinstated, the market will react negatively to the news and your investment will go down.

[Dmindthinker]

What is incredible is how much people still buys his b.s. He has to be one of the greatest salesmen in recent history.

[thepoetrybender]

Accused? Is being unfocused a crime? One gets accused of theft, assault. Being accused of being unfocused is a juvenile accusation. Smh

[cruzcustio]

Definitely prefer a ceo that is focused on Tesla and only Tesla.

[PressEntertainmentLLC]

Yes, all those who Believe in Tesla encourage him to focus on one thing battle of intelligence

[evapawlowska]

A news provider being real about Musk? Subscribed

[brettfine]

Stop complaining and grow a few pairs. Shareholders have the power to remove space karen. Just do that.

[seanninov]

This guy is putting pension fund in high risk if Tesla stock fall in values. He can say whatever he wants because It is not his own investment money anyway.

[NoWarFools]

If that man is unfocused what am I then?

[johnprice-fo]

Is that the same 9 share shareholder that sued him and the corrupt Delaware judge granted an "win"?

[kiwiitmlm]

Another blah blah blah blah blah blah blah shareholder he is worried about his pocket

[jakesontiano]

This is bigger than bad earnings if your holding shares starting tomorrow is like holding a time boom in my opinion if see start to see a big move down tomorrow get rid of them and buy back after you see what happens with the package

[johnsiebesma]

Capital FUD Fud and a healthy helping of BS 😭🤢

[PressEntertainmentLLC]

Elon musk is currently in a battle of intelligence....He might seem a little preoccupied by using all of his brain power(neuralink).... smiling

[abhimanyusharma]

Do you think Revux will pump before XRP?

[colinsuen]

It is shameful to keep on interviewing and talk down the stock

[davidrounds]

NYC contoller, give back all the billions you made on Tesla in the past 6 years. You are a weazel reneging on a contract.

[johnkottayam]

He is busy posting memes I pulled out last year