• Jo Miran@lemmy.ml
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    5 months ago

    A motivated Elon produced the Cubertruck and replaced the Autonomous Driving ladar sensors with low resolution cameras. A motivated Elon turned Twitter into Xitter. I’m just saying that maybe you want to avoid a motivated Elon.

    • Billiam@lemmy.world
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      5 months ago

      A motivated-Elon is why sales of Teslas are declining while other EV sales are up by double digits.

  • TallonMetroid@lemmy.world
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    5 months ago

    Are you telling me that Elon Musk might be, perhaps, quiet quitting? The horror.

    Seriously, fuck that guy.

  • SeaJ@lemm.eeOP
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    5 months ago

    Award for Person You Could Easily Sell a Bridge To goes to chairperson Robyn Denholm.

    He seems motivated enough with Twitter and he makes negative money there. Considering the poster for he has created at Tesla, maybe they should not be motivating him.

    I do love that the pay package was blocked by a metal head who owned like five shares.

  • Nobody@lemmy.world
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    5 months ago

    Good thing Tesla has all that money rolling in from its wildly-successful Cybertruck debut.

    • SeaJ@lemm.eeOP
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      5 months ago

      I am guessing you could hire several hundred CEOs collectively for that price. And they would not be splitting their time between five companies. Robyn clearly had their nose so far up Musk’s ass that it is difficult to figure out where one ends and the other begins.

  • Snapz@lemmy.world
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    5 months ago

    Too many folks here thinking they can appeal to the board with logic and reason…

    Tesla Board Chairperson Robyn Denholm urged shareholders to re-approve CEO Elon Musk’s $46 billion pay package this week, saying the vote is “not about the money” while suggesting that Musk could leave Tesla or devote less time to the company if he isn’t properly compensated. “This is obviously not about the money. We all know Elon is one of the wealthiest people on the planet, and he would remain so even if Tesla were to renege on the commitment we made in 2018,” Denholm wrote in a June 5 letter to shareholders. Musk’s pay plan was nullified by a Delaware Court of Chancery ruling in January 2024 after a lawsuit filed by a shareholder. The ruling said that Denholm had a “lackadaisical approach to her oversight obligations” and “derived the vast majority of her wealth from her compensation as a Tesla director.” It also said most board members “were beholden to Musk or had compromising conflicts,” and that the proxy information given to shareholders before the 2018 vote was “materially deficient.”

    Rubber stamp, just looking for the right cover to allow them to do the wrong things.

  • Windex007@lemmy.world
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    5 months ago

    For a billion dollars I have a guaranteed plan to reduce operating expenses by 45 billion. Board of telsa feel free to hit up my DMs

    • BakerBagel@midwest.social
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      5 months ago

      The problem is that Tesla is essentially just a pump and dump masquerading as a car company. Their market cap is simply absurd and based on nothing other than Musk’s personality cult. If Musk leaves the company gor whatever reason, the stock will crash and the company will go bankrupt. They have an obscene amount of debt that is backed by Tesla stock, so once thier stock falls below a certain price, all thos loans will demand their loneu back

    • SeaJ@lemm.eeOP
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      5 months ago

      Same. I bought stock in it when it IPO’d because he made a good road map that his engineers could get to and they made great use of government funding. He largely just seemed like an awkward nerd. The Thai cave rescue was the instance where I thought there was something seriously wrong with the dude. He decided to have a sub built even though nobody asked him to and the thing did not fit. Then he called one of the rescuers a pedophile. And not just as an odd insult; he doubled down on the claim. Since then it just seems he has been continually seeking attention.

      As for the company, their poor quality control was understandable 10 years ago but it’s still pretty fucking bad and I honestly think he is a big part of that. I recall watching a documentary a long time ago where the producer was talking to Musk about some of the challenges of making the Roadster. They were in a warehouse that had a couple dozen that had been inspected. Musk looked at the notes on one and it had a pretty major issue that would likely pop up but he was going to ship it anyway. The producer looked at it and noticed that they were looking at the car that would be going to him. Musk very awkwardly backpedaled. It sends that willingness to overlook major flaws has not left.

    • CraigeryTheKid@lemm.ee
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      5 months ago

      Honestly I wish he would ‘leave’ SpaceX too.

      I caught his livestream for the latest Starship launch, and he literally introduced the event with a 10-minute speech on “saving your life” by buying crypto, and how they would match your crypto if you used his link or something. WTF was all that, and WTF did that have to do with SpaceX. --So that was a scam/fake video, but my top comment is still how I feel!

      • towerful@programming.dev
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        5 months ago

        Pump&Dump?
        Musk bought into some shitcoin that crashed before he made profit, so even if he gives half away, the slight boost on price will let him dump the rest for less losses… Maybe?

      • nialv7@lemmy.world
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        5 months ago

        You are the victim of YouTube scam channels pretending to be SpaceX…

        SpaceX no longer streams on YouTube anymore, so anything you see will be fake.

        It’s also disappointing YouTube is so bad at catching these. During IFT4 that was literally the most watched stream, had more viewers than Everyday Astronaut for example.

    • SeaJ@lemm.eeOP
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      5 months ago

      Musk was already on Trump’s failed economic council. It makes sense from Musk’s standpoint: do what you can to persuade the motion trying to kill your business.

      But yes, Musk and Tesla in general are a shit show.

    • Snapz@lemmy.world
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      5 months ago

      musk already purchased her…

      Tesla Board Chairperson Robyn Denholm urged shareholders to re-approve CEO Elon Musk’s $46 billion pay package this week, saying the vote is “not about the money” while suggesting that Musk could leave Tesla or devote less time to the company if he isn’t properly compensated. “This is obviously not about the money. We all know Elon is one of the wealthiest people on the planet, and he would remain so even if Tesla were to renege on the commitment we made in 2018,” Denholm wrote in a June 5 letter to shareholders. Musk’s pay plan was nullified by a Delaware Court of Chancery ruling in January 2024 after a lawsuit filed by a shareholder. The ruling said that Denholm had a “lackadaisical approach to her oversight obligations” and “derived the vast majority of her wealth from her compensation as a Tesla director.” It also said most board members “were beholden to Musk or had compromising conflicts,” and that the proxy information given to shareholders before the 2018 vote was “materially deficient.”