Feb 6, 2023·edited Feb 6, 2023Liked by AlexandraMerz @TeslaBoomerMama
As one who attended much of the "funding secured" trial in San Francisco, I was generally impressed with both past and present members of the Tesla board, who comported themselves well regarding their roles...
The lead plaintiff, an options trader, seemed so certain about the veracity of EM's initial tweet (but ignoring the contingencies associated with the word "considering") that he was sure that Elon could get the BOD to "rubber stamp" what he wanted.
But that's not how Tesla's board works! I.e., when the BOD received the $420 offer a full 5 days before the infamous tweet, they had to immediately swing into action independently because Elon was a counterparty at that point, serving as a bidder. There were some fast and furious meetings with Musk not present, nor invited, as they hashed out their fiduciary duty.
For those interested in some insightful public documents (BOD meeting notes are rarely made public except in lawsuits), check out this folder of info admitted into evidence:
My favorite item is the email from investor Ron Baron pleading with Elon to tone it down with the Tweets, and other strategies on how to deal with Tesla's enemies:
Feb 1, 2023Liked by AlexandraMerz @TeslaBoomerMama
Thanks for the research Alexandra. Nice use of chat gpt. I am hoping we get invites to investor day. I haven’t heard any more than you. Brian White and I are planning to go to tx anyway. Should be a fun tourist trip including side trip to Brownsville. Brian planning another unsanctioned group get together around investor day. Should be fun.
Jan 31, 2023Liked by AlexandraMerz @TeslaBoomerMama
Thank you Alexandra, this is exactly what I would imagine you writing. Very nice to get a feel for the talented and snappy folks caring for our investment. I can hear your cool accent as I read and makes it all the better. Also enjoy your youtoob appearances except when Ross is on, he talks so much without saying a thing! and he interrupts you, very rude, his poor wife!!
Jan 29, 2023Liked by AlexandraMerz @TeslaBoomerMama
Thank you for writing such detailed unbiased research on the Tesla BOD. Elon should hire you as his top executive. You are a very valuable contributor to Tesla retail investors. Thank you for all your hard work and dedication.
Jan 28, 2023Liked by AlexandraMerz @TeslaBoomerMama
Unbelievable- You are everything people have said about you. What a stellar report. Your wisdom and commentary on the ytubes I have been able to digest is priceless. Thanks for all you do.
Jan 28, 2023Liked by AlexandraMerz @TeslaBoomerMama
Important and detailed review succinctly presented . Thank you.
Only statement I found somewhat befuddling was
"Mizuno will be reelected with the promise to step up the defense of Tesla’s ESG accomplishments".
Tesla needs more recognition of its accomplishments, not so much defense. Hair splitting, you say, but it is not. I found Exxon ahead of Tesla in that review particularly troubling. Dr. P .K. Poddar, Living Canvas @tweetpkp
As one who attended much of the "funding secured" trial in San Francisco, I was generally impressed with both past and present members of the Tesla board, who comported themselves well regarding their roles...
The lead plaintiff, an options trader, seemed so certain about the veracity of EM's initial tweet (but ignoring the contingencies associated with the word "considering") that he was sure that Elon could get the BOD to "rubber stamp" what he wanted.
But that's not how Tesla's board works! I.e., when the BOD received the $420 offer a full 5 days before the infamous tweet, they had to immediately swing into action independently because Elon was a counterparty at that point, serving as a bidder. There were some fast and furious meetings with Musk not present, nor invited, as they hashed out their fiduciary duty.
For those interested in some insightful public documents (BOD meeting notes are rarely made public except in lawsuits), check out this folder of info admitted into evidence:
https://files.cand.uscourts.gov/files/18-cv-04865-EMC%20In%20re%20Tesla%20Inc.%20Securities%20Litigation/
My favorite item is the email from investor Ron Baron pleading with Elon to tone it down with the Tweets, and other strategies on how to deal with Tesla's enemies:
https://files.cand.uscourts.gov/files/18-cv-04865-EMC%20In%20re%20Tesla%20Inc.%20Securities%20Litigation/Trial%20Exhibit%200078%20-%208.01.18%20Baron%20Email%20to%20Ahuja.pdf
Thanks for the research Alexandra. Nice use of chat gpt. I am hoping we get invites to investor day. I haven’t heard any more than you. Brian White and I are planning to go to tx anyway. Should be a fun tourist trip including side trip to Brownsville. Brian planning another unsanctioned group get together around investor day. Should be fun.
Thank you Alexandra, this is exactly what I would imagine you writing. Very nice to get a feel for the talented and snappy folks caring for our investment. I can hear your cool accent as I read and makes it all the better. Also enjoy your youtoob appearances except when Ross is on, he talks so much without saying a thing! and he interrupts you, very rude, his poor wife!!
Excellent
Thanks for showing the quality of the board of directors.
Thank you for writing such detailed unbiased research on the Tesla BOD. Elon should hire you as his top executive. You are a very valuable contributor to Tesla retail investors. Thank you for all your hard work and dedication.
Thank you; very informative and well researched!
Useful, concise information from Alexandra (as always) ably assisted by ChatGPT, thank you. Has Ross read this..... I think he should :)
Unbelievable- You are everything people have said about you. What a stellar report. Your wisdom and commentary on the ytubes I have been able to digest is priceless. Thanks for all you do.
Thanks for your great work. 👍
Outstanding deep dive! Much appreciated (long term investor here).👊🏿
Serves as well to drown out the negative BOD transitory sentiment.
Chapeau Mme!! Great job!
Well done and interesting article, thanks! You proved that ChatGPT is a great tool…
Important and detailed review succinctly presented . Thank you.
Only statement I found somewhat befuddling was
"Mizuno will be reelected with the promise to step up the defense of Tesla’s ESG accomplishments".
Tesla needs more recognition of its accomplishments, not so much defense. Hair splitting, you say, but it is not. I found Exxon ahead of Tesla in that review particularly troubling. Dr. P .K. Poddar, Living Canvas @tweetpkp
Thanks, great work and very informative.
Awesome! You are one clever gal and a pleasure to listen to on Twitter spaces.