Part of this is the nature of the market infancy that we are in. Despite the fact that "shares" have been sold, this is nothing like the major stock markets. There is no accountability, nor recourse here, and we are basically all just private investors, this isn't really a publicly traded company in the traditional sense.
We signed up to pay EV directly, and in return we get some dividends from his business. There is no board, we don't get votes, we don't even get an annual shareholders' meeting or detailed quarterly financial reports. The SEC isn't checking to see where the revenue from these shares goes, and we don't know either. EV could just be buying a ton of fur coats, I don't know.
Is he doing a bad job of dealing with "shareholders?" Unquestionably. Is he doing a bad job of running his own company? Probably. Is there anything we can do about it? Not really.