It’s not every day we give birth to royalty in this country. But on March 15th, we did. In a regulatory filing that day, Tesla officially gave CEO Elon Musk the title of “Technoking of Tesla.” True story. In a related gesture, Zach Kirkhorn, the company’s chief financial officer, was anointed “Master of Coin.”
I don’t know about you, but I was excited at the news. As a tiny, tiny shareholder of the company (a subject of the monarchy, if you will), I strode proudly about that afternoon in my sackcloth and sandaled feet, eagerly awaiting the pomp, the pageantry, the gilded chariots that would pull the stock price from its deepening slumber. Alas, two weeks later and the price is actually down 8% from that day. Indeed, the stock is off 30% from its high on January 25th. Monarchy aside, Tesla is not alone. As of March 30… |
AuthorDavid Alan Carter Archives
May 2024
Categories
All
|