As the article mentions under some circumstances trailer mounted generators are not considered stationary and that is the basis of the plaintiffs claim.
I haven't read the prospectus but I would be interested to know, when he dies, to what degree the "... control the outcome of matters requiring shareholder approval" part will be inherited. Does that facility just go along with the Class B super-voting shares? And if it does what does it mean if more than one person inherits his shares?
On the subject of the governance structure this [1] is worth a read ...
"The company significantly limits shareholders' rights to sue. SpaceX's bylaws will make it clear that anyone who owns shares "irrevocably and unconditionally" waives all rights to pursue a jury trial. Shareholders will also be prohibited from bringing class actions against the company, its directors, officers, controlling shareholders or bankers tied to the IPO, according to the filing.
Instead, shareholders will be subject to mandatory arbitration, which had long been illegal in the U.S. The Securities and Exchange Commission reversed its position, opens new tab in September, allowing companies to adopt mandatory arbitration policies, which are private proceedings overseen by arbitrators."
... I can't remember how much he spent in Pennsylvania but you might argue it was money well spent.
The voting issue is problematic, but the limits on shareholder class-actions seems like a good idea. Do you know of any shareholder class-action lawsuit that actually benefited the shareholders? They only ever seem to benefit the plaintiff lawyers pursuing the case.
That's because they often don't go far enough, and that's because of limits on things like shareholder class-actions.
If you haven't wiped out their corporate savings and sent the stock price tumbling, you haven't really done anything to get the needed recompense and to discourage the behavior in the future. Right now, many companies are effectively sole proprietorships or partnerships with window dressing made to look like there's real accountability. If it becomes impossible to oust the CEO, you're not a shareholder, you're a bagholder.
It's hilarious (or would be if it didn't involve killing people), the same dullards who wanted to "drill, baby, drill" have accelerated the move to renewables in a way they would have struggled to do if they were the most greeny administration ever seen.
Which is pretty much what Australian average price is. Average Australian domestic tariff is around AUD 0.30/kwh which is USD 0.21/kwh.
None of this touches on standing charges, I don't know how that works in the USA, in Australia for an average household it runs at AUD 1.00/day to AUD 1.50/day (USD 0.70/day to USD 1.00/day). For an average household the standing charge is going to add 15 to 20% to the tariff.
I'm assuming that standing charges are like meter fees here. I've paid as low as $0.25/day and as high as $1.25/day depending on where I lived. There's not much uniformity.
May not be much in world terms but here in NZ national demand maxes out at around 5.5GW so bringing another GW on stream would be quite handy. Most of the geothermal is a lot closer to Auckland* than our hydro is so so that would be another positive aspect.
* Auckland has 25% of the population so a corresponding amount of energy has to be pushed its way.
Masked passwords were boring when passwords were typically 'goeagles' but now they're 'Justlongenough22!' they're a real barrier to anybody who doesn't type the string multiple times a day.
If you really think that someone staring over the users shoulder is a genuine risk factor than allow people to turn it on, not (if the user is lucky) allow them to turn it off.
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