A strong case can be made that restoring Musk's options package would be "corporate waste." But there are better arguments for ruling that the shareholder vote was legally ineffective. Part 3 of 3.
It's been an interesting exercise for us to grapple with Defendants' arguments and work our way through the issues before we see how the Plaintiff's legal team does it.
Btw, I was a young newspaper reporter back in the late 1970s. There was a popular show called Lou Grant (a Mary Tyler Moore Show spinoff) in which one of the main characters was a reporter named Joe Rossi, played by Robert Walden. Rossi was modeled on Bob Woodward (he of Woodward & Bernstein from Watergate days), at least as regards appearance. So, while it's Fossi, not Rossi, my colleagues in the newsroom used to jokingly call me Rossi.
Yes, I remember the character Lou Grant - I noticed him more than MTM. Still, I was a mere boy back then.
Tesla - I still think Mr Musk will cut and run, since the car company exposed to CCP, seeks to double it's plant in Germany - which makes no sense at all - and is facing headwinds from other car companies with even more fortunate access to tax cash.
In effect, Mr Musk has assisted in creating a volume BEV player in just about 2 decades, but there is not much beyond this apart from diversifying into vehicles the rest of the world wants, which tend to have electrified internal combustion engine powertrains. Imagine that - a Tesla hybrid.
Dear Mr Rossi (corrected - Fossi), I'm hoping justice will be served. Thank you for this three part in-depth explanation of what is going on.
Thank you for following along, Andrew.
It's been an interesting exercise for us to grapple with Defendants' arguments and work our way through the issues before we see how the Plaintiff's legal team does it.
Btw, I was a young newspaper reporter back in the late 1970s. There was a popular show called Lou Grant (a Mary Tyler Moore Show spinoff) in which one of the main characters was a reporter named Joe Rossi, played by Robert Walden. Rossi was modeled on Bob Woodward (he of Woodward & Bernstein from Watergate days), at least as regards appearance. So, while it's Fossi, not Rossi, my colleagues in the newsroom used to jokingly call me Rossi.
Oh my word. I did not realise. My apologies.
Yes, I remember the character Lou Grant - I noticed him more than MTM. Still, I was a mere boy back then.
Tesla - I still think Mr Musk will cut and run, since the car company exposed to CCP, seeks to double it's plant in Germany - which makes no sense at all - and is facing headwinds from other car companies with even more fortunate access to tax cash.
In effect, Mr Musk has assisted in creating a volume BEV player in just about 2 decades, but there is not much beyond this apart from diversifying into vehicles the rest of the world wants, which tend to have electrified internal combustion engine powertrains. Imagine that - a Tesla hybrid.