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650 points clcaev | 1 comments | | HN request time: 0s | source
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pu_pe ◴[] No.45063499[source]
Volkswagen was caught cheating on its emission data and the CEO got fired, then prosecuted. Why shouldn't that be the case here?
replies(6): >>45063541 #>>45063930 #>>45064747 #>>45065841 #>>45067080 #>>45069107 #
1. csours ◴[] No.45064747[source]
Firing the CEO is nominally up to the board of directors.

In Tesla's case, the board knows that the valuation of the company is wildly irrational, and they feel that the valuation is tied to the CEO.