197
you are viewing a single comment's thread
view the rest of the comments
[-] reddig33@lemmy.world 52 points 1 month ago

Will this be the incentive for stockholders to get rid of Elon? Or will they just let Tesla continue to wither?

[-] MotoAsh@lemmy.world 41 points 1 month ago

The only people that have proven to be dumber than executives have been share holders.

They'll probably suck Elon's dick and give him another bonus if they buy his lame excuse he'll definitely have on the next call.

[-] homesweethomeMrL@lemmy.world 23 points 1 month ago

They’ll get sold to BYD for peanuts, Elmo gets a huge check and the brand mutates into an offshoot with a disavowed back catalog of products.

Seriously, Tesla Board Members should be pelted with rocks and garbage for allowing this inevitability to happen. But they’ll all rake in millions too, so the only people getting shafted are the actual workers who were trying.

[-] nova_ad_vitum@lemmy.ca 5 points 1 month ago

If Elon is kicked out of Tesla then it's the first step towards Tesla stock being valued like a car company instead of massively overvalued like a speculative tech company. Share holders need to avoid that at all costs since that will result in a 5-8x drop. That's why his insane ask for $56B wasn't just laughed off. He knows he has leverage over them - they stand to lose more than 56B if he leaves. The problem is that while he stays, he 1) can't shut the fuck up and 2) does dumb shit like this on a whim.

[-] KingThrillgore@lemmy.ml 1 points 1 month ago

Well then, its a case of fraud that, when it compounds, will be unlike Enron. It will probably impact the market dramatically.

[-] jaybone@lemmy.world 5 points 1 month ago

Almost read that as continue to twitter.

this post was submitted on 30 Apr 2024
197 points (98.0% liked)

Enough Musk Spam

1970 readers
2 users here now

For those that have had enough of the Elon Musk worship online.

No flaming, baiting, etc. This community is intended for those opposed to the influx of Elon Musk-related advertising online. Coming here to defend Musk or his companies will not get you banned, but it likely will result in downvotes. Please use the reporting feature if you see a rule violation.

Opinions from all sides of the political spectrum are welcome here. However, we kindly ask that off-topic political discussion be kept to a minimum, so as to focus on the goal of this sub. This community is minimally moderated, so discussion and the power of upvotes/downvotes are allowed, provided lemmy.world rules are not broken.

Post links to instances of obvious Elon Musk fanboy brigading in default subreddits, lemmy/kbin communities/instances, astroturfing from Tesla/SpaceX/etc., or any articles critical of Musk, his ideas, unrealistic promises and timelines, or the working conditions at his companies.

Tesla-specific discussion can be posted here as well as our sister community /c/RealTesla.

founded 1 year ago
MODERATORS