Lawrence Fossi graduated from Rice University with a Bachelor of Arts degree in 1979 and from Yale Law School with a J.D. degree in 1983. He worked as a commercial trial attorney until 2011 and then managed the portfolio of a family office until 2020. He has written about Tesla Inc. under the pseudonym “Montana Skeptic” at the Seeking Alpha website and now writes at his own substack, montanaskeptic.substack.com. He lives in Santa Fe, New Mexico.
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Episode 365
Lawrence Fossi
The Fight Over Elon Musk’s $56 Billion Pay Package | Lawrence Fossi
Lawrence Fossi graduated from Rice University with a Bachelor of Arts degree in 1979 and from Yale Law School with a J.D. degree in 1983. He worked as a commercial trial attorney until 2011 and then managed the portfolio of a family office until 2020. He has written about Tesla Inc. under the pseudonym “Montana Skeptic” at the Seeking Alpha website and now writes at his own substack, montanaskeptic.substack.com. He lives in Santa Fe, New Mexico.
In Episode 365 of Hidden Forces, Demetri Kofinas speaks with Lawrence Fossi; Lawrence worked as a commercial trial attorney until 2011 and as the portfolio manager for a family office until 2020. He has written extensively about the automotive company Tesla at Seeking Alpha under the pseudonym “Montana Skeptic” and now publishes at montanaskeptic.substack.com.
It’s been three years since we last devoted an episode to the electric car company Telsa and its superstar CEO, Elon Musk. Given the progress that’s been made in EVs in the years since, as well as the recent turmoil at Tesla, Demetri thought it would be a good time to check in on how things are going at America’s largest electric car manufacturer.
Demetri’s conversation with Lawrence revolves around a recent ruling in a 2018 shareholder lawsuit brought against Musk and members of the Tesla board over a pay package worth up to $56 billion. While the details of the lawsuit are especially relevant to Tesla shareholders—and you may be one of them if you’re invested in one of the many index funds that own Tesla shares—the spectacle of egregiously excessive executive compensation and the failure of captured boards to exercise fiduciary oversight is part of an alarming trend of corporate corruption that concerns everyone.
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Lawrence Fossi graduated from Rice University with a Bachelor of Arts degree in 1979 and from Yale Law School with a J.D. degree in 1983. He worked as a commercial trial attorney until 2011 and then managed the portfolio of a family office until 2020. He has written about Tesla Inc. under the pseudonym “Montana Skeptic” at the Seeking Alpha website and now writes at his own substack, montanaskeptic.substack.com. He lives in Santa Fe, New Mexico.
Demetri Kofinas is a media entrepreneur and financial analyst whose mission is to help uncover the hidden forces and pivotal patterns shaping our lives. His contrarian perspective and critical-thinking approach has helped hundreds of thousands of people make smarter, informed decisions. This same methodology has helped guide Demetri’s decision-making as an early-stage investor and as a creator of several innovative media properties and live events.
Demetri Kofinas is a media entrepreneur and financial analyst whose mission is to help uncover the hidden forces and pivotal patterns shaping our lives. His contrarian perspective and critical-thinking approach has helped hundreds of thousands of people make smarter, informed decisions. This same methodology has helped guide Demetri’s decision-making as an early-stage investor and as a creator of several innovative media properties and live events.
Demetri Kofinas is a media entrepreneur and financial analyst whose mission is to help uncover the hidden forces and pivotal patterns shaping our lives. His contrarian perspective and critical-thinking approach has helped hundreds of thousands of people make smarter, informed decisions. This same methodology has helped guide Demetri’s decision-making as an early-stage investor and as a creator of several innovative media properties and live events.
Demetri Kofinas is a media entrepreneur and financial analyst whose mission is to help uncover the hidden forces and pivotal patterns shaping our lives. His contrarian perspective and critical-thinking approach has helped hundreds of thousands of people make smarter, informed decisions. This same methodology has helped guide Demetri’s decision-making as an early-stage investor and as a creator of several innovative media properties and live events.
Demetri Kofinas is a media entrepreneur and financial analyst whose mission is to help uncover the hidden forces and pivotal patterns shaping our lives. His contrarian perspective and critical-thinking approach has helped hundreds of thousands of people make smarter, informed decisions. This same methodology has helped guide Demetri’s decision-making as an early-stage investor and as a creator of several innovative media properties and live events.