People Twitter

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"Have a duty to shareholders to maximize profits" musk is scurd. (slrpnk.net)

submitted 3 days ago by [email protected] to c/[email protected]

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[–] [email protected] 2 points 2 days ago

Unfortunately, that's not true. Dodge vs Ford Motor Co established the precedent of shareholder primacy when Henry Ford was successfully sued for attempting to reduce dividends in favor of reinvesting profits.

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