• @SturgiesYrFase@lemmy.ml
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    1019 days ago

    I’m not super well versed with economics, could you eli5 how it’s a good decision for the shareholders? Not being snarky, I’d actually like to know.

    • @NuXCOM_90Percent@lemmy.zip
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      -519 days ago

      Delaware is still going to stop that bribe any time soon. But this way the stock won’t tank when musk guts the company out of spite and they can sell off their shares over the next few weeks/months.

      Horrible for the company but… that company was already fucked.