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akomtu
TL;DR a dude who owns 0.6% of Tesla wants to replace its CEO.
Waterluvian
By owning billions of dollars of Tesla, he probably deserves to be heard. And what he wants to say is simple and sensible: Elon is very distracted and Tesla deserves a full-time CEO.
akomtu
I somehow suspect Elon wants to jump the Tesla ship: he needs an excuse to sell all his shares before their value is eaten by competition.
Zigurd
That may be how he feels, but acting on that will require unwinding a complex set of margin loans with different terms.
happyjack
I think this is a very likely scenario.
jacquesm
Either that or Tesla has some skeletons in the closet that Musk knows about that haven't made it to the public yet. When the CEO of a company starts selling very large blocks of stock that is always a time to watch out and this whole Twitter saga started as just that, a pretext to sell a pile of Tesla stock.
jjtheblunt
I think the person owns about $250,000,000 worth, not billions, but a lot nonetheless.
Waterluvian
Oh. Maybe! I just took 0.6% of the market cap from my stock app. And maybe I missed a zero in the multiplication.
bdcravens
The subtitle literally says "KoGuan Leo, who owns $3.4 billion worth of Tesla shares"
jjtheblunt
ahh...the 0.6% was a calculation just off
tacosbane
Tesla is better off without Elon. TSLA is Elon.