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Kelsey Jordahl
@kajord
So hypothetically if the CEO of one company bought another company in a personal transaction (not a merger) and sent engineers from his first company to the new company over a weekend to "evaluate their code", how is this at all reasonable as a way to use their resources?
10/31/2022, 12:00:03 PM
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linkKelsey Jordahl
@kajord
I get that he is now "sole director" of the new one, but the other company still has shareholders and directors who are presumably not interested in helping out their billionaire CEO's hobby project. Right?
10/31/2022, 12:02:37 PM
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linkKelsey Jordahl
@kajord
Strong "united in the person of the monarch" vibes in sharing engineering resources between independent companies.
10/31/2022, 1:29:03 PM
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linkKelsey Jordahl
@kajord
"Typically, when Tesla employees work for other Elon Musk ventures, usually SpaceX or the Boring Company, they can get paid by the other venture as a consultant. Some of Musk’s employees have full-time roles at more than one of his businesses."
https://www.cnbc.com/2022/10/31/elon-musk-has-pulled-more-than-50-tesla-engineers-into-twitter.html
10/31/2022, 2:13:07 PM
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linkKelsey Jordahl
@kajord
"Other times, two Tesla employees told CNBC, Tesla workers are pressured to help with projects at his other companies for no additional pay because it’s good for their careers, or because the work is seen as helping with a related party transaction or project."
10/31/2022, 2:13:35 PM
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