Still the total value the shareholders hold is the same so they have have not been damaged as a group, which is alleged here. The damage is psychological, i.e. most of them are jealous of one of them
Any money or shares Tesla pays to Elon is money or shares that could instead be used to pay dividends to the shareholders or to buy back shares, which increases the value of all the shares that have not been bought back.
chuckle so if you had $100,000 of stock, you would in no way feel like you had been ripped off if you logged in tomorrow and it was only worth $50,000? Because...that $50,000 was transferred to the CEO's stock account? After all, the $50,000 didn't just disappear, it transferred to the CEO's stock account, so it all evened out...
...man if you really feel that way, can I interest you in some stock? I'm thinking about making a start-up...
Any money or shares Tesla pays to Elon is money or shares that could instead be used to pay dividends to the shareholders or to buy back shares, which increases the value of all the shares that have not been bought back.