• nelson@lemmy.world
    link
    fedilink
    arrow-up
    62
    arrow-down
    1
    ·
    18 hours ago

    Still means fuck all as long as he holds his Tesla shares. All you’re doing is making him more money by making the shares go up again.

    Drive the stock into the forking ground.

  • MushuChupacabra@lemmy.world
    link
    fedilink
    arrow-up
    39
    ·
    23 hours ago

    The board needs to not only punt Elon, they need to buy him out.

    I’ll consider Tesla as an option a decade after he’s been scrubbed from the company.

  • Trimatrix@lemmy.world
    link
    fedilink
    arrow-up
    20
    ·
    23 hours ago

    I volunteer as tribute if it means I can get fired in 6 months for my incompetence and be provided with a $25 million dollar severance package.

  • nthavoc@lemmy.today
    link
    fedilink
    English
    arrow-up
    9
    arrow-down
    1
    ·
    22 hours ago

    Why do I feel like they are just pumping the stock up? What is to stop them from changing their mind and selling the moment they say “Just kidding!” . Rinse and repeat. Might as well since market manipulation is not illegal anymore if you are in the three comma club.

      • NarrativeBear@lemmy.world
        link
        fedilink
        arrow-up
        1
        ·
        11 hours ago

        Your continued support is appreciated. I pledge to not turn Tesla into anything more/less mediocre then it currently is.

  • omgboom@lemmy.dbzer0.com
    link
    fedilink
    English
    arrow-up
    142
    arrow-down
    2
    ·
    24 hours ago

    Elon Musk would still own an enormous portion of Tesla, so if you want Elon to be punished you should never forgive Tesla for enabling Musk

    • Oderus@lemmy.world
      link
      fedilink
      English
      arrow-up
      3
      arrow-down
      13
      ·
      11 hours ago

      As of February 28, 2025, Elon Musk owns approximately 12.8% of Tesla.

      12.8% is not an enormous portion. It’s shocking how easily people spread misinformation.

          • yetAnotherUser@discuss.tchncs.de
            link
            fedilink
            arrow-up
            7
            ·
            6 hours ago

            Maybe it’s because Mr. Controversial Gesture, alias Sir The Nazis Were Actually Leftists aka Dr. Only The AfD Can Save Germany rivals only Ford in his open support of fasism? You know, Henry Ford, the guy Adolf Hitler called “a great man”?

        • prole@lemmy.blahaj.zone
          link
          fedilink
          arrow-up
          5
          ·
          edit-2
          5 hours ago

          It’s a 100% Nazi bar. If you’ve got a bar that allows one openly Nazi patron, then you’ve got a 100% Nazi bar.

      • omgboom@lemmy.dbzer0.com
        link
        fedilink
        English
        arrow-up
        13
        arrow-down
        1
        ·
        edit-2
        10 hours ago

        He owns over 410 million shares and is the largest single shareholder. That is an enormous amount

        • Oderus@lemmy.world
          link
          fedilink
          English
          arrow-up
          1
          arrow-down
          13
          ·
          10 hours ago

          It’s under 13% so while he’s the largest single owner, he still doesn’t own an enormous amount. He could easily be bought out.

            • Jarix@lemmy.world
              link
              fedilink
              arrow-up
              6
              ·
              6 hours ago

              For a publicly traded company? Yes that’s an enormous amount in that context.

              Isn’t it?

            • Oderus@lemmy.world
              link
              fedilink
              English
              arrow-up
              2
              arrow-down
              9
              ·
              8 hours ago

              I don’t know what the threshold would be… but it would have to be over 50%. If I own 13% of my house, I wouldn’t say I own an enormous amount. I would I own 1/8th my house, which is pretty meagre.

              • Jarix@lemmy.world
                link
                fedilink
                arrow-up
                5
                arrow-down
                1
                ·
                6 hours ago

                Your house isn’t a publicly traded company. That makes a big difference in this context.

                • Oderus@lemmy.world
                  link
                  fedilink
                  English
                  arrow-up
                  1
                  arrow-down
                  3
                  ·
                  6 hours ago

                  Only if you really want it to be different is it different. The reality is, it’s not. Words have meaning and 1/8th is not enormous. It’s literally a small fraction of the total.

    • Tinidril@midwest.social
      link
      fedilink
      English
      arrow-up
      32
      arrow-down
      7
      ·
      23 hours ago

      Meh. The only possible reason to keep accumulating after a billion is for respect and power. I’m pretty sure Elon has fucked up both to the point where most of his money gets him nothing. I’m pretty sure he is headed to a “death of despair” type ending before long.

        • prole@lemmy.blahaj.zone
          link
          fedilink
          arrow-up
          2
          ·
          edit-2
          5 hours ago

          It’s pretty hard to OD on ketamine unless you’ve got someone literally injecting your unconscious, k-holed body. There’s a reason why they use it as anesthesia for children, it’s extremely well tolerated.

      • parody@lemmings.world
        link
        fedilink
        arrow-up
        1
        ·
        19 hours ago

        I feel so bad for him

        Don’t despair Muskquito, people make new friends all the time, even entirely unlikable video game cheaters. There is a nonzero chance you might not die entirely alone. Don’t let the haters following logical trajectories get you down!

  • gravitas_deficiency@sh.itjust.works
    link
    fedilink
    English
    arrow-up
    15
    ·
    22 hours ago

    I cannot coherently express how much I hope he gets margin called on all of the leveraged assets he has that are underwritten by his TSLA shares

  • SabinStargem@lemmy.today
    link
    fedilink
    English
    arrow-up
    7
    arrow-down
    1
    ·
    5 hours ago

    I wouldn’t be surprised if DOGE nationalizes Tesla and puts it under Musk’s command. Gotta have Cyber Tanks for the regime, right?

    • samus12345@lemm.ee
      link
      fedilink
      English
      arrow-up
      5
      ·
      4 hours ago

      “Please put down your weapon. You now have 15 seconds to comply.”

      Robocop’s corporate dystopian nightmare is closer and closer to reality.

  • LordOfLocksley@lemmy.world
    link
    fedilink
    English
    arrow-up
    85
    arrow-down
    1
    ·
    21 hours ago

    I’ll do it. Here’s my CV. As you can see, compared to the current CEO it’s vastly better:

    • can beat a tutorial boss. In fact, has beaten many final bosses
    • has never done a nazi salute
    • is loved by partner and child

    To top it off, I’ll do it for the low low price of 200k/year

    • Akasazh@feddit.nl
      link
      fedilink
      arrow-up
      6
      arrow-down
      1
      ·
      16 hours ago

      I vote for this guy to run Tesla, and governement.

      I, for one, welcome our new overlordoflocksley

    • parody@lemmings.world
      link
      fedilink
      arrow-up
      14
      ·
      19 hours ago

      LOL was just shitting on him having no friends, damn this guy literally goes to bed fucking knowing nobody likes him

      Anybody else I’d hope their self-defense mechanisms (“Biden’s the reason people hate me” “I’m huge in Japan somewhere” “no friends but that caviar was great today”) would kick in, but sorry no sympathies extended to those who sent their “heart” out to us

  • Vanilla_PuddinFudge@infosec.pub
    link
    fedilink
    English
    arrow-up
    66
    arrow-down
    3
    ·
    16 hours ago

    The American consumer is a fucking idiot, this has a high chance of success as people forget about Elon and go back to buying them.

    • vga@sopuli.xyz
      link
      fedilink
      arrow-up
      2
      arrow-down
      7
      ·
      9 hours ago

      I understand completely why you’d want Elon to fail, but why would you want Tesla to fali?

      • Vanilla_PuddinFudge@infosec.pub
        link
        fedilink
        English
        arrow-up
        7
        ·
        9 hours ago

        Endless government subsidies inflating the stock astronomically above any other normal car company, as paid for with American tax dollars.

        As a company, horrible QC and manufacturing standards compared to even the worst of their peers, and the insistance on self-driving tech that doesn’t even need to exist for their vehicles to function.

        Tesla is a shitcoin turned into a company.

      • Andonyx@lemmy.world
        link
        fedilink
        arrow-up
        12
        ·
        edit-2
        9 hours ago

        Because they’re not magically taking away his stock shares. If Tesla succeeds so does Musk, no matter what position he holds. Nothing changes when oligarchs who will happily take food out of children’s mouths to enrich themselves and send US citizen children with Cancer away never suffer any consequences.

        And that’s BEFORE we talk about the fact that Tesla cars suck ass now compared to similar segments from competitors. They’re a net negative in the industry and in their influence on humanity. EVs are going to continue to take up more market share worldwide without them.

    • fishos@lemmy.world
      link
      fedilink
      English
      arrow-up
      45
      arrow-down
      14
      ·
      12 hours ago

      I mean, in fairness, do we have any qualms with the rest of the company? Elon was directly responsible for pretty much all of the cyber truck decisions. But the regular Tesla’s, aside from Elon prohibiting lidar and making false claims about self driving, are pretty decent. Without him, lidar might get implemented, the cyber truck will probably be scrapped, and real engineers will have their voices heard again.

      Isn’t that kind of what we want from a company? To realize their errors and remove the cancerous parts?

        • rumba@lemmy.zip
          link
          fedilink
          English
          arrow-up
          1
          ·
          50 minutes ago

          not OP, I wouldn’t mind a redemption arc, they were pretty f’ing cool before he got there.

          Everything that was on the market before tesla was a facimilie of a thousand other cars before it. They did something (for better or worse) different. Learning what not to do has power in itself.

          After they took the leap, all of a sudden a lot of other companies started throwing out prototypes. I don’t think the Volt I drive today would have happened if they didn’t go there first.

          Of course things got a lot worse as Elon butted in further and they started pushing QC out and cybertruck BS in.

          I think they’re likely irredeemable, but I’d like to see another company follow in their footsteps and keep pushing the tech further, not in a garbage dumpster direction, but in a simpler and more effective direction.

          • aesthelete@lemmy.world
            link
            fedilink
            arrow-up
            1
            ·
            24 minutes ago

            Everything that was on the market before tesla was a facimilie of a thousand other cars before it.

            Dude, every one of their generic sedan looking business fleet cars look so bleh that they make a mid-90s Dodge Neon look like mind-blowing body design.

            The only thing they’ve produced in the last ten years that’s even markedly different from the competition is the cybertruck, and that’s only different in a bad way.

            The “innovations” they brought to market are almost all shit I would never need nor want save the EV part of it. I cannot imagine ever wanting to drive a thing in which much of the control and all of the gauges are on a permanently mounted, great value iPad.

            They are saying the resale value on these things is going through the floor, and honestly that’s good because that’s what they are worth.

      • 13igTyme@lemmy.world
        link
        fedilink
        arrow-up
        25
        arrow-down
        6
        ·
        11 hours ago

        Tesla was garbage before Elon came out as a Nazi. The quality control is non existent and has been.

        • TrackinDaKraken@lemmy.world
          link
          fedilink
          English
          arrow-up
          16
          arrow-down
          3
          ·
          10 hours ago

          Yes, and that’s another reason the company is failing, and I won’t buy a car from them. But, that’s not the point here, the point is Musk’s stupid antics are having major consequences for him. The only value he’s had for the company for years is as a mascot. The company succeeded so far as it has in spite of Musk, not because of him. Same for SpaceX.

          • 13igTyme@lemmy.world
            link
            fedilink
            arrow-up
            6
            ·
            edit-2
            7 hours ago

            It’s literally the opposite. The company has only done well in the past because of his antics. Tesla currently has a price per earning ratio of 155. It’s only even this low because now people realize he’s a Nazi. In the past, I’ve seen their price per earning ratio go as high as 350. If you know anything about stock fundamentals, you’d know that a normal ratio is around 20-30. Anything under would be a must buy stock and anything over would be a must sell, generally but not always.

            But not Telsa. This isn’t the first quarter sales have been down for Telsa. In the past when it happened, Elon would just do something stupid like launch a car into space, make a small flame thrower, or do some stupid meme shit and the price would still go up, despite a bad earnings call.

            Since the first non roadster Telsa, they have been making shit quality cars and selling features as a subscription. If it wasn’t for captain dipshit doing stupid stuff and fooling people into thinking he’s smart, that company would have failed. Or he would have sold his portion back to the original owners and they company might have produced quality cars like the Roadster.

            • Kage520@lemmy.world
              link
              fedilink
              arrow-up
              3
              arrow-down
              2
              ·
              6 hours ago

              Not true. The company did well because of well meaning people who wanted to move away from gas cars. There was literally a documentary “who killed the electric car” before Tesla. It showcased a well loved electric car that was only allowed to be leased and when the lease was up, no one was allowed to buy them. They destroyed them all.

              Tesla got to where it is not because of Musk, but because it was a way to rise against the legacy manufacturers forcing us to stay on gas cars.

              Musk stirred up some major stupidity, and did not care for quality control when it came to things like panel alignment, but the fact was that was the only option out there. They also added cool things like your phone being a key, or the key card. Lots of little quality of life improvements were brought in. Also I think they had to make a special gel and position for the batteries to not cause fires from a single battery failure. Lots of important (yet likely relatively simple) improvements that all the other manufacturers refused to do. Best we had was a Prius, and other cars that were for some reason made to look ugly and still needed gas anyways.

              But they have stagnated. Musk has done all his tricks and they stopped improving. Literally letting the competitors make better batteries soon, which would kill them entirely if solid state batteries come about. I don’t know that Tesla can or needs to come back to the forefront, but without them we probably still would not have electric cars.

              • aesthelete@lemmy.world
                link
                fedilink
                arrow-up
                2
                arrow-down
                1
                ·
                edit-2
                5 hours ago

                Look man I get it, you bought a Tesla and/or hold Tesla stock. But Tesla’s value is only explainable as a meme stock, and Musk is the only one keeping it in that category.

                It wouldn’t shock me at all if the stock finally fell through the floor if they ousted Musk.

                The board and the shareholders agree about this btw, they just gave Musk an unbelievably large pay package last June.

                • Kage520@lemmy.world
                  link
                  fedilink
                  arrow-up
                  2
                  ·
                  5 hours ago

                  Oh sorry I wasn’t trying to say that shouldn’t happen. The cars should be worth a bit less than they sell for, and the stock should be worth maybe 1/10th of it’s current value… Or less. I don’t care about that.

                  We still needed SOMETHING to get us out of the rut from legacy manufacturers. Now if they get rid of Elon then hopefully the engineers who helped pioneer the current EVs can get back to moving things forward. Or maybe they work for Rivian or others already.

      • Vanilla_PuddinFudge@infosec.pub
        link
        fedilink
        English
        arrow-up
        9
        arrow-down
        2
        ·
        12 hours ago

        They’re overvalued in the triple multiples compared to other American car companies because they’re a meme stock and halfway ran on government subsidies we paid for rather than putting it into education or social causes.

        A step in the right direction isn’t good enough when there’s miles to tread.

        • fishos@lemmy.world
          link
          fedilink
          English
          arrow-up
          5
          arrow-down
          6
          ·
          11 hours ago

          A step in the right direction isn’t good enough when there’s miles to tread.

          So all or nothing? Then you’ll get nothing.

          • Vanilla_PuddinFudge@infosec.pub
            link
            fedilink
            English
            arrow-up
            9
            arrow-down
            3
            ·
            edit-2
            11 hours ago

            Good, fuck em. There’s no negotiation here. I don’t care if the entire company goes under. What great service is Tesla providing? Not enough mobile beta-testers riding bombs down the rosd? They do nothing for the people supporting them.

            I guess a new company will have to rise up so entitled Californians can be tricked by marketing into thinking they’re saving the planet when the batteries were mined by gas-powered machines using the same poor brown folk they feel sorry for on Bluesky.

            Cry a river.

            • Bytemeister@lemmy.world
              link
              fedilink
              English
              arrow-up
              2
              ·
              10 hours ago

              At this point, it would be tempting to have all their employees quit and start their own EV company, or join another one. It’s not like the people vanish when a company folds.

              • someguy3@lemmy.world
                link
                fedilink
                arrow-up
                3
                ·
                edit-2
                2 hours ago

                No one’s going to fund a new company though. The old car companies have finally moved to EVs and will quash newcomers. Funders know this.

                • Bytemeister@lemmy.world
                  link
                  fedilink
                  English
                  arrow-up
                  1
                  ·
                  5 hours ago

                  Telo is getting funded.

                  Aptera is doing another round of funding (for like the 7th time)

                  Slate immediately got funded by Bezos.

                  I think the market is pretty clear. People want cheaper, smaller, and more “every day” EVs, rather than the insanity 1.2 second 0-60 dystopian-proof luxury crossovers/trucks.

                  The first company to make that happen in their niche is going to make bank.

            • tankfox@midwest.social
              link
              fedilink
              English
              arrow-up
              4
              arrow-down
              3
              ·
              10 hours ago

              I’m pretty sure he means that there’s no point in trying to please you because you’ll always set a goalpost that can’t be reached, so there’s no point in really considering your opinion.

      • bitchkat@lemmy.world
        link
        fedilink
        English
        arrow-up
        11
        ·
        7 hours ago

        Are you assuming Elon would no longer own stock or have other ways he’d continue to profit from Tesla?

      • Luffy@lemmy.ml
        link
        fedilink
        arrow-up
        6
        ·
        10 hours ago

        Calling a company, which actively vendor-locks pretty much the whole car using their propiatery software while having the worst warranty ever, pretty decent is beyond me.

        Especially a company belonging to the car lobby.

        • Darleys_Brew@lemmy.ml
          link
          fedilink
          arrow-up
          1
          ·
          8 hours ago

          To be fair, I think people get blinded by the fact that Elon is a massive twat, and miss all the other little bits.

      • rumba@lemmy.zip
        link
        fedilink
        English
        arrow-up
        2
        ·
        4 hours ago

        do we have any qualms with the rest of the company

        Let’s say they can him. Let’s say he is somehow compelled to sell off stock until he’s a minitority shareholder. His ego would not let that go. To say he’s still filthy fucking rich would do a disservice to filth. You can’t separate him from this mess. He’d just come back.

        If he just disappeared tomorrow, no chance of repurchasing it, just maybe but we need to see:

        • Unions everywhere
        • OSHA up their ass
        • Put some fucking LiDAR on the cars
        • Reinvent quality control
        • Reinvent a safety program so that people can’t burn to death locked in their car.
        • Fully support individual resale.
        • Fully support 3rd party service centers.
        • Every car is modified until it gets at least a three-star crash rating
        • All features are purchased with the car, if your seat has a heater, you can use it for free.
        • One feature is “we don’t sell” or “store your data in a way that can identify you”
        • Car updates are transparent and unless a true safety hazard, optional.
        • No more of this screwing around with odometers to speed past warranty availability and everyone gets 30k more miles and another year because they were assholes.
      • ipkpjersi@lemmy.ml
        link
        fedilink
        arrow-up
        4
        arrow-down
        1
        ·
        10 hours ago

        I think you’re probably giving a potential new CEO too much credit. You really think that Elon will just relinquish control over his company and let the CEO do whatever? Not a chance.

      • bitjunkie@lemmy.world
        link
        fedilink
        arrow-up
        48
        ·
        edit-2
        12 hours ago

        He will still have a shitload of shares. I don’t need to get into the nitty-gritty detail of whether I hate the company or its products; his stock in it is what allowed him to buy the election for Trump, so fuck Tesla.

        • fishos@lemmy.world
          link
          fedilink
          English
          arrow-up
          8
          arrow-down
          12
          ·
          edit-2
          11 hours ago

          But did Tesla facilitate that or was Tesla worn like a puppet by an investor(Elon). There’s a distinct difference and what I’m asking. Do we blame every company that gets gutted by Venture Capitalists? Do they have no path to redemption?

  • Wimster@europe.pub
    link
    fedilink
    arrow-up
    18
    arrow-down
    1
    ·
    6 hours ago

    Do they really think this will be “the golden move” to save Tesla? It’s still Musk’s company. The brand is toxic forever.