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by practicalrs 720 days ago
I'm not a company law expert. But IMO such actions would not be legal in the EU.
1 comments
me_me_me 720 days ago
Its not legal anywhere. A publicly traded company is not your property. Its a legal entity.

You cannot exchange any value between two just because you are majority owner of both. Otherwise elon with 51% could start Zesla (own 100% of it) and transfer all assets from Tesla to Zesla.

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practicalrs 720 days ago
The value of the hardware is around $360 million.

What can he get for acting to the detriment of the company in the US?

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Zigurd 719 days ago
Evidently he can get a $50B payout
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