Ditch him along with his stupid truck and maybe the company will be appealing again.
So that’s what they pay the most irrelevant person in the company?
Perfectly fine and rational economic system we’ve got going here…
Like most CEOs, Musk’s job isn’t really to do things. His job is to weedle tax incentives, private investment, and low interest loans out of his network of rich friends.
He’s been incredibly successful at it. And that’s what makes Tesla valuable as a brand. The US government will pay you a cool $7500 to buy a brand new $80k cybertruck. Meanwhile, Chinese EVs are taxed at 100% of their sticker price.
And let’s not forget politics. When you’re golf buddies with the right politicians, winning those extremely lucrative public tenders will become a cakewalk.
Musk is abso-fucking-lutely NOT responsible for the tax incentives, private investment or low interest loans that Tesla got, he’s only been good as an eccentric personality to convince investors that he’s the best and full self driving will be a thing the following year… For the past 7 years.
Musk is abso-fucking-lutely NOT responsible for the tax incentives, private investment or low interest loans that Tesla got
He has wormed his way into a number of national economic advisory boards under both Barack Obama and Donald Trump. His close relationship with Peter Thiel and Catherine Duddy Wood has afforded him a number of opportunities to access investor cash at below-market rates. And he’s spent a fortune on lobbyists at both the state and federal level to influence public tax incentives, grants, loans, and bailouts.
he’s only been good as an eccentric personality
The reason he’s in the public eye is thanks to his extensive investment in PR and advertising. He’s one of the original Silicon Valley moneyballers, having determined that a small kickback to the tech media can reap enormous windfalls of retail investment cash and publicly approved state spending.
thiel hates him
Not so much that he doesn’t still invest with him
“my money first in my money last out”
who could’ve expected this!
I might buy some stock so I can vote no.
Activist investing, I like it.
Don’t threaten me with a good time!
This shareholder says “Bye!” and I’ll buy more when the market is done panicking over his departure.
While … not after.
deleted by creator
does another bump of ketamine
“Wait, I’m staying.”
does another
“Nah. I’m gone.”
does another
“Yeaaaah I’m gone”
passes out, shits himself
I always pictured him drinking Grime’s piss to get high.
Will I stay or will I go now?
If I go there will be trouble (for Musk)
And if I stay it will be double (for Tesla)
Why does ketamine have to be catching strays just because this one douchebag uses it
Because it’s what gives Wish Version Iron Man his power.
Pay me a bonus that is multiple times the profit that the company has ever made, or i will stop sabotaging said company!
Eeeeh, no?
The reason he’s able to make this ask and not immediately be laughed out of the room is that Tesla’s value is massively inflated based largely on the personality cult surrounding Musk himself. If Tesla starts being valued as a car company rather than a speculative tech company with a “genius” leader at the help (quotes doing a lot of work there) , the stock price will be a fraction of what it is now.
That’s what shareholders stand to lose, and it’s why Musk has any leverage to make this ridiculous ask in the first place.
He’s gotta pay back the Saudis for Twitter or else he’ll be Khashoggi’d, so I imagine he’s quite desperate to be asking this in the first place. I wonder how many people invested in Tesla as a way to raise funds for him personally, eg millionaire friends propping up the stock for him as a favor.
The Saudis assassinating an American billionaire with such a high profile is simply not a serious possibility.
All I’m learning from the last 10 years between musk and that orange fuck among others is that starting a cult is really the way to go…
You end up with tons of money, those that could enforce repercussions are held hostage, and you get worshipers.
Along the same lines, let’s not forget L. Ron Hubbard, who founded Scientology some years after telling a sci-fi writers’ convention that starting an actual cult would be a great way to make far more money off science fiction than just by writing it.
We’re just 1 year away from the pay out, same planning as FSD and others “predictions”!
IM GONNA LEAVE, I SWEAR!!! In just two more years…
warned
Warned or promised? Don’t threaten shareholders with a good time.
If all he does is leave, that will be fantastic. More likely he’ll just cripple the company in his rage. That’s the real reason a lot will vote to pay him.
The stock will go through the roof if he goes…It’ll drop at first as the fanboys bail, but then institution’s will have faith again and invest and it will pop off when he stops kneecapping the company.
I don’t know enough to have my own solid thoughts on this, but people I trust and know more than me have all said that Tesla is wildly over valued compared with any other auto makers and considering their P to E. Considering that, I’ve been thinking that once the Musk distortion field goes away, the price may just drop down to where it “should be” by normal standards.
My heart agrees with what you’ve said, implying that musk is actually holding back the price at this point, but my brain says that might not actually be true.
I think the rebound would wait until a new leader was named and would depend on who that is.
Il run tesla for half that, and by simply doing nothing I will do a much better job than Musk.