Hacker News new | past | comments | ask | show | jobs | submit login

[flagged]



It's not rage-bait, it's a practical example of both how bad the tax code is and most topically how abusive Tesla is to the country that "hosts" it.

Also there's really no such thing as fiduciary duty in public companies, not to the degree you're talking about or it's implied actions.

I wish people would stop repeating it in that fashion, it's just a thought-terminating cliche. Violating fiduciary duty would be something like, spending a bunch of the corporations money on an investment you knew was fraudulent because a connection owns the other business/venture. It is NOT "you paid more in taxes than you could have gotten away with" or any other method of profiteering.

TL;DR fiduciary duty =/= maximizing profit


[flagged]


At the very least, corporations must realize that they only function due to the commons. Tesla needs people to have roads to drive on, no? They require their supplies, workers, and goods to travel by roads to facilitate the work they do. Can't the company chip in a bit to ensure Americans have the infrastructure required to use their products?

It's arguably negligent to stockholders to run a socially unsustainable business, but they look at things in terms of quarters rather than 10 years from now, so...


I find it endearing that you think this line of thought is worth repeating, if nothing else.




Join us for AI Startup School this June 16-17 in San Francisco!

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: