Hidden Forces

The Fight Over Elon Musk’s $56 Billion Pay Package | Lawrence Fossi


Listen Later

In Episode 365 of Hidden Forces, Demetri Kofinas speaks with Lawrence Fossi; Lawrence worked as a commercial trial attorney until 2011 and as the portfolio manager for a family office until 2020. He has written extensively about the automotive company Tesla at Seeking Alpha under the pseudonym “Montana Skeptic” and now publishes at montanaskeptic.substack.com.

It’s been three years since we last devoted an episode to the electric car company Telsa and its superstar CEO, Elon Musk. Given the progress that’s been made in EVs in the years since, as well as the recent turmoil at Tesla, Demetri thought it would be a good time to check in on how things are going at America’s largest electric car manufacturer.

Demetri’s conversation with Lawrence revolves around a recent ruling in a 2018 shareholder lawsuit brought against Musk and members of the Tesla board over a pay package worth up to $56 billion. While the details of the lawsuit are especially relevant to Tesla shareholders—and you may be one of them if you’re invested in one of the many index funds that own Tesla shares—the spectacle of egregiously excessive executive compensation and the failure of captured boards to exercise fiduciary oversight is part of an alarming trend of corporate corruption that concerns everyone.

You can subscribe to our premium content and access our premium feed, episode transcripts, and Intelligence Reports at HiddenForces.io/subscribe.

If you want to join in on the conversation and become a member of the Hidden Forces Genius community, which includes Q&A calls with guests, access to special research and analysis, in-person events, and dinners, you can also do that on our subscriber page at HiddenForces.io/subscribe.

If you enjoyed listening to today’s episode of Hidden Forces, you can help support the show by doing the following:

Subscribe on Apple Podcasts | YouTube | Spotify | Stitcher | SoundCloud | CastBox | RSS Feed

Write us a review on Apple Podcasts & Spotify

Subscribe to our mailing list at https://hiddenforces.io/newsletter/

Producer & Host: Demetri Kofinas

Editor & Engineer: Stylianos Nicolaou

Subscribe and Support the Podcast at https://hiddenforces.io

Join the conversation on Facebook, Instagram, and Twitter at @hiddenforcespod

Follow Demetri on Twitter at @Kofinas

Episode Recorded on 05/21/2024

...more
View all episodesView all episodes
Download on the App Store

Hidden ForcesBy Demetri Kofinas

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

1,392 ratings


More shows like Hidden Forces

View all
Top Traders Unplugged by Niels Kaastrup-Larsen

Top Traders Unplugged

581 Listeners

Macro Voices by Hedge Fund Manager Erik Townsend

Macro Voices

3,052 Listeners

The Meb Faber Show - Better Investing by The Idea Farm

The Meb Faber Show - Better Investing

926 Listeners

Grant’s Current Yield Podcast by Grant's Interest Rate Observer

Grant’s Current Yield Podcast

670 Listeners

Real Vision: Finance & Investing by Real Vision Podcast Network

Real Vision: Finance & Investing

912 Listeners

Hedgeye Podcasts by Hedgeye Risk Management

Hedgeye Podcasts

201 Listeners

The Market Huddle by Patrick Ceresna & Kevin Muir

The Market Huddle

362 Listeners

Macro Hive Conversations With Bilal Hafeez by Bilal Hafeez

Macro Hive Conversations With Bilal Hafeez

99 Listeners

Eurodollar University by Jeff Snider

Eurodollar University

462 Listeners

The Grant Williams Podcast by Grant Williams

The Grant Williams Podcast

1,349 Listeners

Supply Shock by Blockworks

Supply Shock

118 Listeners

Wealthion - Be Financially Resilient by Wealthion

Wealthion - Be Financially Resilient

377 Listeners

Forward Guidance by Blockworks

Forward Guidance

274 Listeners

Thoughtful Money with Adam Taggart by Adam Taggart | Thoughtful Money

Thoughtful Money with Adam Taggart

341 Listeners

Monetary Matters with Jack Farley by Jack Farley

Monetary Matters with Jack Farley

89 Listeners