this post was submitted on 17 May 2026
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IDK Tesla had 2 chances to fire him and both times they voted to give him 56 billion instead
And the shareholders supported it.
Its more that huge firms like vanguard and fidellity just default to what managment votes for; they dont meddle. The individuals holding the shares of the index funds likey did not support it.
Teslas board is full of nepotism. They aren't going to fire the person responsible for giving them that position.
Don't know about SpaceX
At some point, which will happen, Tesla investors will lose billions and sue the board.