Part 4/8:
It was emphasized that the exercise and subsequent sale of stock options by board members serve a dual purpose. Primarily, it showcases their financial independence from the company's founder, Elon Musk. This independence is not merely a formality; it acts as a protective measure against accusations of being overly reliant on Musk’s influence. By executing stock sales strategically, board members can demonstrate their autonomy, which has been crucial amid various legal and regulatory scrutiny in Delaware.