this post was submitted on 09 Aug 2024
1006 points (97.9% liked)

World News

39366 readers
2252 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News !news@lemmy.world

Politics !politics@lemmy.world

World Politics !globalpolitics@lemmy.world


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] demizerone@lemmy.world 53 points 4 months ago (2 children)

Tesla would be right to dump this clown, but he ain't leaving without killing Tesla first.

[–] jj4211@lemmy.world 37 points 4 months ago (4 children)

72% of stakeholder vote favored giving him a stupid huge bonus, even stupid by rich billionaire standards. This was after TSLA took a hit and their sales were down and their unit prices were way down.

Tesla's all in on Musk. Probably easier to accept as someone who never did like their particular cars and if anything is a bit annoyed that the traditional car companies felt compelled to copy the stupid parts of Tesla when making their EVs. I can see if someone liked Tesla how they could hope to evict Musk... Just not going to happen.

[–] OhNoMoreLemmy@lemmy.ml 16 points 4 months ago (2 children)

The problem is that Tesla is a meme stock. It's stupidly overpriced for a car company with such little production.

They could get rid of musk and try to turn it into a normal company with solid fundamentals but this would remove its meme status and crash the share price anyway.

There's no way to fix Tesla without burning it's stock price to the ground, so anyone involved is just going to try to ride the crazy train as long as possible.

Come on Elon, make the Cybertruck 2 and really fuck everything up.

[–] spidermanchild@sh.itjust.works 7 points 4 months ago

Exactly. What I don't understand is how everyone knows this, but somehow the stock is still high. Somehow Elon is singlehandedly keeping the stock up while doing literally nothing to help the company, make it make sense.

[–] capital@lemmy.world 4 points 4 months ago

No, it’s an AI company now bro. Trust me.

[–] Dead_or_Alive@lemmy.world 3 points 4 months ago

After that vote I will enjoy seeing the shareholders should get exactly what they voted for.

[–] Red_October@lemmy.world 2 points 4 months ago

That just means their stakeholders deserve the financial ruin that's coming to them.

[–] Buddahriffic@lemmy.world 2 points 4 months ago

That's mostly institutional investors. I suspect it was actually a reward for ruining Twitter.

[–] MataVatnik@lemmy.world 15 points 4 months ago

They're all his friends and family who Musk made very rich. They're not gonna dump him.