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Only in the sense that they exist to defend the interests of shareholders. Usually the CEO spouting crazy evil shit would be bad for shareholders, but 80% of the share value of a Musk company comes from people's belief in Musk, shutting him down would cost more than letting him spout.

82915

this is a major (and recent) change in the conception of the board! Elon puts the lie to so many governance ideas, by forcing the governance class to admit that they have no principles anymore other than shareholder value

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