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by JumpCrisscross
1296 days ago
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> Elon Musk is spacex and telsa, if spacex and telsa "are" vanguard/blackrock, then Elon Musk is one of their CEOs SpaceX is also privately held. Vanguard has nothing to do with it, neither do I think BlackRock. With Tesla, they are holders, but largely through index funds. And Elon has control. There is a public market index hypothesis, but it pointedly doesn’t apply to Elon or his companies. |
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So what's you say about Tesla and Elon Musk is like Amazon and JB: they are share holders, but not big enough compared to Elon Musk in Tesla (did not check that) then they cannot setup their ppl on management like their CEOs. This is the same with amazon: JB is in control, but vanguard/blackrock are just behind (and azure), namely once JB sells enough of his shares, vanguard/blackrock get in control and then will setup their ppl as CEO and management (unless azure interfere).
Like alphabet(google)/microsoft/apple/starbucks/etc.