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Originally Posted by nookandcrannycar
Depends on how the company is structured. Zuckerberg owns well under 50% of Facebook, but he still maintains voting control.
Musk...."Where should I locate the battery factory"....I'm not very surprised that he picked a location that is close, but NOT IN California. I had a fascinating conversation with a government attorney at a Starbucks today (widespread power outage, and Starbucks has generators). Fascinating guy. He makes my uncle seem like a liberal, and my uncle used to say " I'm to the right of Atila the Hun". He grew up, a black man in one of the least diverse white majority towns in the Bay Area (same town my mother grew up in). He went to Catholic schools until high school and then went public (same high school my mother attended0. His father was an MD, a surgeon. He's had a microscopic view of the criminal justice system for the last 25+ years. He thinks the elected officials over this period of time have paved such a path that eventually much of California will be like Brazil, with people with money largely living in gated areas and also shopping in gated areas.
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Nobody has control like Musk has control. He explains in the book that investors would put pressure to make profits...disabling his plans. Which are to put a million people in a self sustaining colony on Mars.
Pretty far out there.
Yeah funny how that "liberal" stuff works...