this post was submitted on 14 Mar 2025
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Work Reform

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[–] PearOfDees69@lemmy.world 128 points 2 months ago (5 children)

These CEOs always claim they can't do good for workers, because they need to please the shareholders. So now that the CEO of Tesla is sinking the company, where are these supposed all powerful merciless shareholders at? If I was a shareholder of Tesla I'd demand felon's head for doing all this damn to my investment.

[–] neatobuilds@lemmy.today 18 points 2 months ago (1 children)

There's got to be tons of lawsuits right? Like all the people that have been fired and tons of people being affected negatively by musk probably have class action lawsuits and stuff?

[–] PearOfDees69@lemmy.world 2 points 2 months ago

I'm sure some will arise from this, and like most times they'll settle instead of taking their target down. Yes it's expensive and time consuming, as always it'll be worth it if you take your time and do things the right way.

[–] SouthEndSunset@lemm.ee 12 points 2 months ago (1 children)

You’d have to be very dense to be CEO and get political at all

[–] Pilferjinx@lemmy.world 14 points 2 months ago (1 children)

CEOs and politics go hand in hand. It's the public broadcast that Elon can't seem to curb that's the problem.

[–] SouthEndSunset@lemm.ee 5 points 2 months ago

I should have been clearer…You’d have to be dense to get political like this.

[–] icecoldfire@endlesstalk.org 2 points 2 months ago

Like most things, normal people have no real say in the matter. The large shareholders publicly saying things and selling off stock would lower their value and hurt them. Last year the CA teacher pension fund did say they met with Tesla to voice concerns. So it does happen.

It’s been known for years the stock was way overvalued. But making money overruled any sort of sound advice. Not that they are losing money, more people will say things.

[–] tischbier@feddit.org 1 points 2 months ago* (last edited 2 months ago)

I keep screaming this to my friends and family.

WHERE ARE THE DERIVATIVE LAWSUITS!?

To be fair, there is a derivative law suit still working and it’s around the excessive bonus they granted musk and then retracted and then re-granted atter reincorporating TESLA in Texas. I’m pretty sure I have this right

I have read that many who would be able to bring suit are in Musk’s pocket. Like his brother, for example.

I really would love to see some derivative suits going though.