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Hollywood can’t ditch its Teslas fast enough: “They’re destroying their leases and walking away”
(www.hollywoodreporter.com)
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this post was submitted on 22 Sep 2024
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Honest question. At what point will Tesla execs look at Musk and decide that keeping him at the helm is not in the company's best interests?
The board recommended that shareholders vote to give him his 50 something billion compensation package and move the incorporation to Texas. Shareholders seemed divided on the package award due to his erratic behavior, that there isn’t a dedicated captain of the Tesla ship (among other things such as shareholder governance) - but he got the package.
Hopefully they’re taking a harder look after sales took a massive hit, the Cyberturd launch was a flop and vehicles are filling lots unsold. I’m not holding my breath though.
I'm looking forward to the Tesla "Loss" memes.
They just decided he should be paid $56 billion dollars for his contribution... So, not anytime soon
I mean, he's been doing stupid shit the past decade and REALLY stupid shit the last few years... and yet the shareholders STILL voted to approve his 50 billion dollar bonus from the execs.
This suggests that many stockholders are fanboys.
Wild guess, early 2025?
Trump is heading towards a loss. Trump is likely to do some really stupid (and dangerous) things between losing and inauguration. Musk is likely to help facilitate.
He's either going to do something really stupid and just get cut off or quickly backtrack and get weirdly quiet, followed by a "graceful" exit.