this post was submitted on 17 May 2026
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[–] SaveTheTuaHawk@lemmy.ca 2 points 5 hours ago (1 children)

And the shareholders supported it.

[–] chilicheeselies@lemmy.world 3 points 5 hours ago (1 children)

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.

[–] SaveTheTuaHawk@lemmy.ca 1 points 1 hour ago* (last edited 1 hour ago)

Nope. Anyone with shares could vote, and 77% voted to pay him the $56B. Not even close. The biggest fear of TSLA owners is that Musk will leave, because the stock is orders of magnitude overvalued on his cult.