So I’m not at the level of he should he removed as CEO yet, but his behavior and harm to the brand requires some sort of punishment by the board.
According to the latest biography the board chair and his brother (on the board) have already approached him about it.
At this time it’s time for an intervention.
Suspend him as suggested in the article.
If he continues to act up after that remove him as CEO.
It’s not like he’s a good CEO. They should just remove him.
I mean if it was literally any other CEO, especially one without a majority share in the company, they’d be out on third strike. Elon is on strike 6
Sure, but he is a majority share holder.
I’d also say unless they’ve had an actual intervention with him that it’d be too soon for anyone.
Without the actual details on what Robyn and his brother said to him, its hard to know. Did they just beg him to stop, or demand he stop or face repercussions? (Edit: Maybe the full details are in the book, I haven’t read it, just the commentary on it)
Even a normal majority shareholder CEO would be in the disciplinary seat, heck even the lawsuit defendant seat, much sooner if they tried to pull what Elon Musk did. It is literally illegal to knowingly act against the interests of your shareholders, something Elon did time and time again.
But has he been in the disciplinary seat? I whole heartedly agree he should have been by now.
But if they haven’t, he’s technically at strike 0
This is a failure of the board as much as it is a musk problem.
Hes not the majority shareholder of Tesla. He has 13%, not 51%.
Edit: looks like that difference is twitter but the timeline seems weird. He’s still the top individual or group holder with 411m shares.
Sorry, fair enough. He’s the TOP individual or group shareholder.
I think he might have gotten more shares since your number, or this number is after twitter, but it says 20.6% by March 20231. Elon MuskAccording to Tesla’s 2022 Annual Report, Tesla’s CEO and founder, Elon Musk, owns 715.022 million shares, accounting for 20.6% of the 3.169 billion outstanding shares as of the end of March 2023, unchanged from the end of December 2022. That makes Musk Tesla’s biggest shareholder.
deleted by creator
Musk is a barely part time CEO of an automaker that had a 10 year head start and is about to get passed by just about every other major maker. He’s producing cars rife with QA problems, and ships about equal parts vaporware to actual cars. There is also a ticking clock on a significant part of Tesla’s business which is selling carbon offset credits (side note: what’s the fucking point then?) and other subsidies that seem to have no plan to solve. He spends his actual time shitposting now with extra anti-semitism (and I guess we’re glossing by the anti-LGBTQ shit he’s posted several times.)
SpaceX is healthier, but also has massive weakness in that they largely that way because of massive subsidy and lack of regulation on shooting satellites into space.
Literally just about any other employee, not CEO would be fired 20 times over. That Elon remains the head of any company should send investors screaming for the hills because there is basically no clearer sign that the companies have no actual board and thus no actual oversight. Elon shouldn’t be in charge of picking between McDonalds or Wendy’s, much less an actual company.
Without the good PR he used to give before showing his real face, he has zero value to any company he is part of, other than the money he has invested in it.
In fact, any policy influence he has with any of these companies is actually a detriment.
Elon never had any technical, intellectual or other expertise in any of the companies he was involved in.
All he ever had was the illusion of charisma and being a master bloviator.
Now that he has been exposing himself as nothing more than the petulant narcissistic manchild he is, that value he had has been dispelled.
SpaceXs previous chief propulsion engineer would disagree with you
Space.com: During your time working with Elon Musk at SpaceX, what were some important lessons you learned from each other?
Mueller: Elon was the best mentor I’ve ever had. Just how to have drive and be an entrepreneur and influence my team and really make things happen. He’s a super smart guy and he learns from talking to people. He’s so sharp, he just picks it up. When we first started he didn’t know a lot about propulsion. He knew quite a bit about structures and helped the structures guys a lot. Over the twenty years that we worked together, now he’s practically running propulsion there because he’s come up to speed and he understands how to do rocket engines, which are really one of the most complex parts of the vehicle. He’s always been excellent at architecting the whole mission, but now he’s a lot better at the very small details of the combustion process. Stuff I learned over a decade-and-a-half at TRW he’s picked up too.
Bullshit. Utter bullshit. The guy is just sucking Musk dick. Musk doesn’t know anything about rockets.
Not a musk fan in the slightest, can’t stand the man… but do you have any proof he actually has no clue about rockets? Easy to make the claim, but I’d love to see it backed up.
Do you have proof he knows anything besides testimonies from people that work for him?
They made the claim, they should back it up.
Again, I strongly dislike Musk, but I’ve only read testimonies that he knows his rockets. Give me counterproof, please! Any fuel for the musk fanboy tears is worth it. But I want it to be true, not just bashing for the sake of bashing
You aren’t going to get any because there isn’t.
There are so many things to hate about musk if that’s your jam, but over the years I’m always surprised by how many people hate him for fake / made up reasons.
I think it stems from people wanting to hate him earlier on, well before he gave the world dozens of new reasons to hate him so they made shit up to make themselves feel better. Believe it or not there was also a concerted push to discredit him and Tesla early on to kill Tesla, so they helped manufacturer the hate.
But then he goes off the deep end and gives the world so many reasons to hate him without any of that, but the haters who want to hate for hates sake stick to the oldies.
Edit: so I applaud you challenging the BS stuff. Hate him for the real stuff!
If he continues to act up
what the fuck are you smoking, it only gets worse from here with this tool… this was the reason he bought that piece of shit platform to begin with… again, what the fuck are you smoking that you think he can be reined in…
You don’t think a legitimate threat for his removal from Tesla would have any impact?
If it doesn’t, then he’ll be out and he can tweet whatever he wants.
it’s funny watching people like you try to imagine that you think like him
This doesn’t even make sense, did you mess up some words?
I think he should be disciplined, and then removed if he doesn’t correct.
I’m pretty sure musk doesn’t think he should be disciplined or removed, so I’m not sure how I’m thinking like him.
Republicans flock to buy racist cars, only find electric. Confusion sets in.
deleted by creator
Hey @elonmusk Why Cant People Roll Cole In There Telsa’s? Your Not A Real Man If Your Not Rolin Coal —@RealPatroit1776
@RealPatroit1776 looking into it —@elonmusk
It’s just a trailer option for the cybertruck that’s basically a stationary 700hp engine idling without a muffler. It’s not generating power, just smoke.
No, it generates power, to run a giant burner that is loaded with old tires, coal, and bunker fuel.
honey? Can you refill the truck’s carbon tank? The smoke is getting thin again
But the confusion is fleeting, as it always is, because they don’t have the brain power to process the cognitive dissonance.
So they just trail off and then start screaming at the wind? Lead poisoning is a bitch.
The wind also contains chemtrails.
If the pattern follows, those young teen Millennials somehow are to blame even though there are Millennials in their 40s now.
I mean, it’s been just long enough so that Gen Z can just start calling Millennials Boomers and placing the blame all on them… which won’t be wrong either. Overall, Millennials didn’t change how they lived to account for things like climate change. They didn’t stand together as a society and reduce waste. I’m as guilty as anyone else, but its cyclic and Millennials just got caught in the absolute dog shit part of the cycle where we were blamed all growing up, and will be blamed on the way to our deathbeds.
Millennials have done a great job raising Generation A and the Zoomers… the kids today by and large are way more aware and woke
Cyclical but unjust. I already feel bad for the shit millennials will eventually get. They had none of the money or power to prevent anything. Yeah, “standing together” could have theoretically done something, but it would have required a degree of sustained (by which I mean decades), disciplined effort that very large groups of humans aren’t capable of. Hell, just by looking at the cost of living, anyone can see that millennials are having a hard time simply affording to survive.
Oh I agree wholeheartedly. I wasn’t meant to be bashing millennials, but rather pointing out that Gen Z will have sadly valid complaints, even if it doesn’t justify it because millennials never really had political control during our lives to speak of, partially because of how dwarfed we continued to be by Boomers, as a generation. Gen Z only outnumbers them because so many of them finally started dying. Millennials never had a chance, just like Gen X, who is just forgotten generally.
Oh, I wasn’t getting a bashing tone at all!
Overall, Millennials didn’t change how they lived to account for things like climate change. They didn’t stand together as a society and reduce waste.
First, when has ANY age group coordinated across every nationality around the globe to “stand together”? Add to that, the age at which you’re suggesting this should have occurred is right when they were reaching adulthood and barely grasping how the adult world works themselves. At the same time they were coming of age during back to back global financial crises with and even book-ended by one of the most deadly pandemics in human history, while also having the fewest resources to affect change. “Standing together as a society” is unrealistic at any age, much less the one they were given.
Second, I’d argue at the individual level they made some of the largest shifts to low and lower carbon options than any other group. One example would be Veganism which would address the 17% of climate change gases from livestock. Many of them embraced bicycles instead of cars and small EVs such as scooters.
I’m not a Millennial or a vegan nor do I own a small EV scooter, but looking at all the generations alive today, I’d argue Millennials have done the most to combat climate change in spite of the other generations alive working against their efforts.
4% of millennials are vegan. 77% of millennials drive a car regularly (64% own them, an additional 13% drive a car owned by someone in their family).
Sure, but that’s still far, far, far, far, far from enough to offset climate change and the issues Gen Z will be facing because of it. Not to be too much of a Doomer, but when you’re facing the very real possibility of modern society collapsing under the weight of out-of-control climate change by 2050, all the patting yourself on the back for doing more than others feels… superfluous.
I’m literally a millennial, and have seen that the vast majority of us don’t give a flying fuck (that’s why only 4% of us are vegan), just like previous generations. I’m not trying to be a dick to millennials, I’m trying to be honest with myself about my peers and my own generations failure to the future.
Sure we did some, but if society still collapses, who will fucking give a shit?
Yeah… Fuck us for driving to a job no public transport can get us to right?
If you wanna admit you suck go right ahead, but with the means I have at hand in making a solid effort.
Sounds like your not.
Consumerism and capitalism is the real issue. Must have the latest iPhone, the company must grow. Limitless growth must happen in a system with limited resources.
Typed from my 5 year old phone I don’t want to replace but Samsung agree pulling security updates so I’ll have to.
racist cars
Lmao. What the actual fuck?
deleted by creator
Cars 5: Electric Boogaloo 2: The Return of Adolf
Did you read the article?
Surely fox news will tell them how to think.
And it will be in everyone’s best own interests.
Time for that sweating and 2 buttons meme.
Yeah man they don’t need to roll anyone, if anything they’ll stock up on oil at a discount. Just look the other way while it goes down lol
If you don’t get in line Musk, I’ll feed you to the peasant rats!
The peasant rats:
Regardless if you like Elon Musk or not, we should be careful not to become a vehicle (no pun intended) for some elites’ political, ideological or religious agendas.
I’m sure his response will be doubling down and turning away more investors. But if that goofy fucking truck being shit, delayed, and possibly a scam didn’t dissuade them…
Melon Husk ranting about “cancel culture” in 3…2…1…
deleted by creator
Xcrement*
Xcretion
…but American jews are mostly white…
I’m so confused.
Jews are only white when it’s convenient.
I mean, I tan pretty well, and I’ve got pretty big lips for a white boy, but day to day, I have light skin, blue eyes, and light brown hair.
Doesn’t matter, if your ancestors touched the Mediterranean then your white status can be revoked. Only the North Sea gets permanent membership.
I’m Polish, and they only begrudgingly accept us as white.
Whiteness is arbitrary and can be withdrawn pretty fast. That’s part of the problem, white isn’t a race, it’s an ingroup.
Ask a Catholic how quickly they can be exempted from white club.
That’s race in general too, same thing happens with mixed black people who grew up in an affluent white context.
Race is basically “made real” through racism, which is largely dependent on economic relations. Our modern notion of race didn’t really develop until the 1700s. To me being anti-racist is about criticizing the notion of race itself, with the understanding that it’s been made in to a real construct that has power through racism.
Muslims used to be considered pretty white before 9/11, Italians used to not be considered white in the early 1900s.
Race is a construct, homie
You’re right. And before anyone rebuts, Irish and Italian weren’t considered “white”.
It was really a class distinction at first, the landed gentry used it to justify and explain their position in society. As empires expanded and exploited more territories it gained power as an explanatory framework for why some people were just destined to be worse off.
Ok, well I’ll just tell this to the next black kid in my town who’s shot at because they rang the wrong doorbell. “Have you tried meditation?”
Iirc, there was a black American woman whose land sat on an oilfield. I think either she got royalty or sold the land for profit. She was then led to sit in the train with other whites, as she deserves such treatment for a “white woman” according to the conductor.
The world is a lot more shit yet nuanced at the same time than you’d realise.
I would like to get a source on that, I have never heard of it before. In any case if that actually happened then it was A) a pretty extreme statistical outlier, or B) some scheme to get her to sign the papers.
Race has power even if it doesn’t really exist, just like God. It’s been reified/made real through the practice of racism. Barbara and Karen Fields call this Racecraft, in their book of the same name.
Karen Fields calls this Racecraft
My mind immediately pictured a racist version of minecraft.
“In biological taxonomy, race is an informal rank in the taxonomic hierarchy for which various definitions exist. Sometimes it is used to denote a level below that of subspecies, while at other times it is used as a synonym for subspecies. It has been used as a higher rank than strain, with several strains making up one race.”
I think the debate should instead be about which strain we belong to.
“Race is bullshit!”
“Oh ya? Then how do you explain this bullshit about Race?!”
I’m saying race has a very real effect on people’s lives. It exists.
“Race is a construct” and “race doesn’t exist” are two very different statements.
I’m saying
racebigotry has a very real effect on people’s lives. It exists.FTFY
removed by mod
Doesn’t change anything, it’s possible to identify with constructs, such as being gay, seeing that nobody seems to be “just” gay anymore, and it’s more on the line of a spectrum. Where is the line drawn for any semantic definition?
About the only good thing investors have ever done
Seems like IBM, Apple and Tesla all believe the Boer is a detriment to their brand.
Daily Musk spam
these investors can say what they want, but the only language musk speaks is money. Sell the shares, dump the stock price.
I can’t wait till Tesla falls apart like the house of cards it is.
Tons of people gave Tesla a $250,000 interest-free loan in the form of pre-ordering the roadster that was supposed to be released two years ago. People are going to remember that and think twice before pre-ordering the next big car release
They sell vaporware, let’s be real. Cybertruck is going to be a huge disaster calling it now
people are going to remember that
I really would doubt that unfortunately
Musk can a smoke fat dick. I am so sick of hearing about that cunt.
The fucking prick really needs to learn to shut the fuck up for a change… And like yesterday.
I cant wait too see his ass in court for some crime hes been caught doing
Oh yeah… hadn’t even thought about it but you’re right… That seems likely over a long enough timeline.
Rich people dont experience justice…
And he’ll never go away, ever. As long as he has munny he will be a thorn in everyones side, he cannot simply be voted out like a politician sadly
Or—and please, sit down before you read any further—the media could…stop reporting every single thing he says. [thunder crashes. children scream.]
True. I do have a feeling like he’ll get caught doing some fucked up shit and will go to jail but with all the money , its really hard to tell if he’ll ever go to jail as jails are for poor people. Trump is the best example. Hope he rots in jail but I doubt it
Nah he’ll just be forced to sell some shares before a big profit or they’ll arrange a boardroom coup to take away some of his autonomy, CEOs be warned, acting out like too much of a wildcard can appear self destructive and irrational to investors and shareholders alike
Couldn’t agree more. He’s all over the news all the time, but Lemmy seems especially obsessed with him. I understand, given the demographics here, but I wish he would just go away forever
Meh that seems like all social media tbh
Can we just fully cancel his ass so we don’t have to hear about him any more. I yearn for the day I no longer hear about Musk or Trump on a daily basis.
We let people get so fucking rich that everything they do is newsworthy because it actually impacts a ton of people.
The real problem is that we don’t actually need rich people in the first place.
This story highlights why news about this is still important. The investors wouldn’t be doing this if they thought a lot of people wouldn’t hear about it and be disgusted.
I couldn’t care less about whatever else he does, but when he does something awful, spread it as much as you can. We can see very clearly that not all news is good news for him. And one thing I do want to see is him discovering the consequences of his action, for once in his life.
“We are absolutely appalled at this behavior!” [Buys more stock in Tesla] “I mean really, this has gone too far!” [Collects dividends] “He needs to resign, this is disgusting!” [Watches stock price climb] “this antisemitism must stop or else!” [Buys more stock]
deleted by creator
But you buying and holding also contributes to the price going up. Just as you refusing to buy or selling your shares contributes to prices going down. This is how Elon has manipulated markets for quite a while.
Bruh. What internet lefties have right is that we don’t have an impact in capitalism. Get yo wins.
GME would like a word
Guns or GMEs. Get your gold my man.
You mean those who denounce capitalism aren’t actively fueling the fire? Imagine that.
They are, but they think they’re fighting it.
We gonna ignore definitional disputes.
I think what you meant is,
If I buy Tesla stock, then I have a small voice in how the company is run, and I can push it towards a more progressive and altruistic vision.
I mean that’s how public stocks work, yeah?
In the interest of pedantry; TSLA doesn’t declare dividends.
There you go. It was all OK until it impacted $$. Glad they finally did something, but wish it would have been based on an actual ethical concern.
this is one of the few levers of power we have. remember that every nickel they have comes from us working and us buying.
Free market morality.
Supply side ethics
To be fair, I think one could argue with a straight face that if we’re still buying the products, then we really don’t care that much. Why should a company be motivated by morality if we as a society collectively aren’t?
We should hold ourselves to the same standards or we’re just hypocrites.
In principle I’m inclined to agree, however isn’t this glossing over the degree to which markets are consolidated?
You try to opt out of products/services and choose more ethical alternatives, but it turns out the most readily available alternatives are in some way connected to the same unethical parent company. Ultimately the individualistic approach to addressing these matters is untenable and requires collective action in some form (ideally it would be leveraging a government that reflects the interests of the people).
And those companies have spent a ton of time and effort discouraging and preventing people from collectivizing via union busting. There’s a huge power asymmetry at play here, an individual should not be held to the same standard of accountability as the people who literally control the economy through non-democratic or straight up unelected positions of leadership (board of investors or private CEOs respectively). They can, at any moment, choose to reduce their profit margin for the betterment of the planet - but they don’t, because as a small group of owners, they exist to profit so they would never agree to do so in a meaningful way*. And because they’re collectivised and we’re not (just look at the swathe of antitrust cases where businesses that are supposed to compete, have instead chosen to act like a cartel), they hold almost all the power. Let’s focus our attention away from blaming the average person, and onto the real root cause so that we can actually collectivise against that root cause rather than fight amongst each other.
*: without the state straight up socialising their risk, for example the green tech grants and loans we have been and are giving out, all over the world. Something Elon Musk is very familiar with, given that Tesla might not have existed today without the generous $465 million government loan they got in 2009.
“Opting out” doesn’t mean you “opt in” to whatever forced you to “opt out” to begin with.
If I give you a choice between being punched in the face or getting kicked in the crotch, it’s not moral acquiescence to either regardless which you choose.
Your argument rests on a fallacy- “vote with your wallet”. This presumes that we don’t vote with our voice anymore, so it supersedes a democratic system of governance.
Consider: “if you oppose slavery, just don’t buy slaves, and we’ll let the market sort out who’s right and wrong”
Your argument rests on a fallacy- “vote with your wallet”. This presumes that we don’t vote with our voice anymore, so it supersedes a democratic system of governance.
Meaning this genuinely, not in a snarky way: did you read to the end of my comment? My phrasing may have been poor or a tad wordy, but I recognize what you’re describing and advise collective, political action instead of voting with one’s wallet.
The parenthetical at the end wasn’t to suggest otherwise, only that doing so via one’s existing/current government may not be a readily available option, demanding one change their government so as to make it work to those ends. I should have been clearer on that point.
If the only fridges on the market contain CFCs then people are going to buy them because they need fridges. If the only CFC-free fridges are more expensive than CFC ones then only affluent people, at most, are going to buy them.
It’s called a market failure: There are costs associated with a product that are not taken into account because the regulatory regime doesn’t make sure they are. In the case of CFCs we went even further than making fridge producers pay up for the externalities they cause (which would’ve been an astronomical sum) and right-out banned that stuff. The consumer, after all, is still saving money with CFC fridges (their food doesn’t spoil as easily), they’re not paying for the ozone hole, either.
See the free market is a theoretical model, it indeed promises prefect results given that all actors are perfectly rational and act on perfect information, the maths makes sense. Perfect rationality and information don’t exist in the real world, though (and in fact ads and company secrets exist to degrade the information available to everyone) so we need regulations to fix market failures so that the real-world market comes closer to approximating the free market. Misunderstanding of this point brought to you by peddlers of institutionalised market failure equivocating “free market” and “unregulated market”.
The EU tends to have a good grasp on it, the US, boy oh boy.
No, I don’t think you could, because you don’t really have a choice.
I find this naive cynicism exasperating.
“Let’s improve society somewhat.”
“Yet, you partake in society! Curious! / sent from my iPhone”
Sent from graphene but sure
Tesla batteries and modular car battery charging systems incoming, they’re not going to give up their market foothold so easily now that they’ve got their foot in the door.
deleted by creator
Not really. They said consumption AND labor. Stocks are capital, and their profits come from underpaying workers for the value they produce through labor. Inherited wealth is also acquired through and stored in capital.
In addition, the government is an essential part of capitalism, as it protects owned property more economically than the private armies of feudalism. Government spending programs that give the rich money are paid for by political donations, but the actual profitability is hard to quantify.
blame, responsibility, and the ability to do something are three interrelated but distinct concepts. the ability to force bad actors to change by refusing to reward them for bad actions does not put the blame on us for failure to do so. If you forget to lock your front door and someone robs you, there was something you could have done to prevent the robbery but only the thief carries the blame.
I love how you protest blaming consumers and then in the next sentence say “it doesn’t matter who you blame”. The answer to “how we can fix the broken situation” starts with identifying the problem (AKA laying blame).
In reality, there is no shortage of people to blame. You can blame the corporations, the stock market, politicians, nepotism, capitalism AND consumers, and none of that would be wrong. The only wrong thing to do is to remove blame from any of them.
These people have money for blood, what makes you think their ethics are any different? I don’t care what sets the face eating leopards off so long as they get to eating faces.
Ethical concerns are not in line with corporate ethics.
This is capitalism. There is no place for “actual ethical concern.”
I don’t expect people making bank to have many ethical concerns, tbh.
“It’s just one small thing. Besides, there are many other things to complain about!” said every investor tied to everything people complain about, probably.
Expecting investors to behave ethically instead of in their financial interest? I see you’re feeling bold today
I’m waiting for Apple and Google to pull the X client from their app stores.
Then the fun really begins.
something would have to be seriously wrong for that to happen
They already have no problem pulling other apps for shit that Xitter is known to pull. Even when said other apps have a similar lack of control (or even less) over said content.
[gestures vaguely]
In the EU, App stores already have a legal responsibility to remove apps that promote hate speech. While both Google and Apple are sitting on the sidelines while the EU is going through the legal motions to tear Musk a new one, I wouldn’t be surprised if they kick X out just before someone forces them too, just to pretend they actually care.
removed by mod
removed by mod
removed by mod
removed by mod
Just in time for the EU to also force third party app stores through, and X attempting to make one sounds plausible even if they get nowhere with it.
Why don’t people just stop caring about whatever the fuck is going on at Twitter/X? I consider it in the same realm as truthsocial or OANN comment sections. Sure, musky had enough money to buy a platform, but that platform is elevated by it’s users. If people just stopped doing that, it would be irrelevant. Literally nothing important has happened on twitter, ever. We don’t need it. Just discard it and let it wither in the dark.
Panem et circem.
Meet the circem.
They keep the panem.
Why don’t people just stop caring about whatever the fuck is going on at Twitter/X?
Because whatever the fuck is going on at Twitter impacts the world. Like it or not, Twitter still contains and controls an enormous amount of public discourse.
To add to this, every politician, journalist, and influencer is on Twitter, so even if a majority of people don’t use it or post on it, the platform is a hub for ideas and real-time news.
And the users will migrate into the welcoming arms of the 粪 client instead.
Not going to happen as all these companies work together. these companies are notorious to trick regulars into thinking they are helping the society.
-
SocialMediaPlatform™ does something horrible
-
Make a huge deal about pulling ads from SocialMediaPlatform™ to get consumers on your side
-
Quietly return ads to SocialMediaPlatform™ after PR team determines everyone has forgotten
-
SocialMediaPlatform™ does something even worse
-
GOTO 2
Lol so true. Its not just Twitter though, most of the companies do the same thing. However its on us to not make noise and boycott the shit outta these companies.
-
