this post was submitted on 01 May 2025
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[–] [email protected] 76 points 2 months ago (3 children)

If they somehow manage to make Musk sell his shares, Tesla might become a viable company again.

Until then: I don’t care.

[–] [email protected] 44 points 2 months ago (4 children)

Idk, even before Musk went full meth head things were already heading south pretty fast - they'd completely squandered their first mover advantage and their "move fast and break things" approach was really starting to take a toll on their brand reputation. Teslas were already starting to be known as expensive cars with terrible build quality, then the constant delays and broken promises about self driving did them no favors either.

A Tesla made sense when they were pretty much the only really viable luxury EV, but when you can get equivalent cars (with better build quality) from established Western manufacturers for ~75% the price or from a Chinese manufacturer for ~60%, what advantage do they have?

Musk's cult of personally is/was a big part of it, so they are kinda screwed either way - the stink of Musk won't instantly vanish if they get rid of him, and taints everything while he stays

[–] [email protected] 5 points 2 months ago

Yeah I think they would have had to slow down or stop sales and make a big deal about reworking their production lines for better QC. Then come back a year or two later with actual improvements. I think Tesla probably have enough brand recognition that they can survive without Musk so hopefully they kick him out.

I think the US car industry as a whole is due for a major price adjustment, so I kind of see that as it's own issue. Car prices need to be cut at least in half to make them practical as utility items. We're being asked to drive vehicles that costs as much as a house did 30 years ago, and are approaching the same size, on the highway and leave them parked inches from each other.

[–] [email protected] 2 points 2 months ago

It really shows how good traditional vehicle manufacturers actually are and the whole worth of Tesla is basically a meme stock. Toyota, Mazda etc are still making cars that run almost new 10 years later.

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[–] al_Kaholic 6 points 2 months ago

Introducing the Tesla phantom zone cyber prison first and only volunteer - Elon!

[–] [email protected] 5 points 2 months ago (4 children)

Do you know the saying, the revolution devours all its children.

The electric car revolution is over. Tesla is over.

[–] [email protected] 15 points 2 months ago

The electric car revolution is over.

Ah yes, I forgot that the USA is the only country in the world, my mistake.

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[–] [email protected] 53 points 2 months ago (2 children)
[–] [email protected] 23 points 2 months ago (1 children)

So a few possibilities.

  1. The board started looking and are lying about looking once it leaked.
  2. A member of the board started and that leaked, possibly on purpose.
  3. Someone leaked that they started looking just to gauge what the response would be from shareholders and the general public.
[–] [email protected] 4 points 2 months ago

None of those are mutually exclusive.

[–] [email protected] 47 points 2 months ago (2 children)

How about a potato? On the minus side, it doesn't do anything, but it has the advantage of not being an utter piece of shit that does nazi salutes.

[–] [email protected] 32 points 2 months ago (1 children)
[–] [email protected] 2 points 2 months ago

Her neurotoxin doesn't discriminate

[–] [email protected] 8 points 2 months ago

Reinstate Eberhard and Tarpenning.

You know, the actual founders, who got forced out after the fascist Afrikaner failson pulled the same corpo tissy tantrum bullshit he did at Paypal?

All Musk did was follow the general strategic plan for the company that Eberhard and Tarpenning had laid out.

Then, when that outline was run out, and Elon had to actually think of something else, it all became a total shitshow, quite rapidly.

[–] [email protected] 32 points 2 months ago (2 children)

This has been directly refuted by the Tesla board, who even told the reporters that it wasn’t true when they were asked before the article was published……then they published it anyway and didn’t include the boards comments lol

[–] [email protected] 5 points 2 months ago (1 children)

Source on that? Just to corroborate

[–] [email protected] 5 points 2 months ago (1 children)
[–] [email protected] 8 points 2 months ago (1 children)

When Tesla wins a civil suit about this story, then I'll believe they're not lying.

[–] [email protected] 3 points 2 months ago (1 children)

So you will believe a rumour based on nothing but won't believe the board of directors denying said rumour unless they sue? What kind of crazy mindset is that?

[–] [email protected] 2 points 2 months ago (1 children)

So you will believe a rumour based on nothing

Says Tesla. You're a fool if someone saying "nuh uh!" is good enough for you. Especially when its the reputation of the WSJ vs. the reputation of Tesla.

won't believe the board of directors denying said rumour unless they sue?

Tell me you know absolute dick-all about corporations, without telling me you know dick-all about corporations.

I'll give you a hint: what do you think would happen to the stock price of literally any company if the board confirmed they were ousting the CEO before the CEO was out? My dude, your native Australia has a better chance of eliminating every single venomous critter on that island than any corporate board admitting that. And that goes double for the single most overvalued stock on the planet, whose price is driven solely by the hype man's promises.

So yes. If and when Tesla sues the WSJ, and wins that case, then I'll believe they were right. Until then, I'm going to treat them like the lying Nazi-enabling shit car company they are.

[–] [email protected] 2 points 2 months ago (2 children)

So I'm a fool for believing the board members, but you're not the fool for believing some random journalist printing a rumour with no sources, with nothing even remotely supporting it, who reached out to the company for comment and then refused to print their comment denying it, and printed the unsubstantiated rumour anyway?

Especially when its the reputation of the WSJ

I'm assuming you were using this as a way of defending the WSJ, but it really doesn't.

I’ll give you a hint: what do you think would happen to the stock price of literally any company if the board confirmed they were ousting the CEO before the CEO was out?

No comment. No reply. An outright denial leaves them open to all sorts of lawsuits if they then go and do it.

Your understanding of what companies can and will sue for is remarkably bad.

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[–] [email protected] 3 points 2 months ago

I hope they're not lying with the denial. If he stays, it'll drive left wingers to other options, increasing competition. And it might even drive right wingers to start buying EVs in quantity. 😁

[–] [email protected] 23 points 2 months ago

I saw a tree with s few broken branches. Yeah a Christmas tree from last year. Could it run for CEO? I asked if he could please insult a minority group and it said nothing. I asked if he could share secrets and also nothing. It is perfect for the job! It used to be green and it would appreciate some green $$ just like a CEO.

[–] [email protected] 18 points 2 months ago (1 children)

Hi, I'm Lone Skum and totally not Elon Musk with a moustache !

[–] [email protected] 15 points 2 months ago (1 children)

Next weeks news: Tesla board members all die in tragic autodrive mishaps.

[–] [email protected] 7 points 2 months ago

All have their X accounts barred for promoting hate.

[–] [email protected] 13 points 2 months ago (1 children)

I've been expecting this for a good while.

Rule #1 Never believe his announcements. They may be true or not.

Rule #2 Always assume that most people believe in him and his announcements.

Rule #3 After applying the rules #1 and #2, sometimes you can see what he is trying to achieve with the announcement itself.

Most times it is about inflating his ego. Often it is about pushing (manipulating) the stock market.

So when he recently announced to "be allocating far more of my time to Tesla.” I immediately thought the hell you want to donate them your oh so precious time, again, suddenly (there would even be admitting a fault in it if he actually did), no you just want the stocks to stay up. And so I concluded that he doesn't feel like taking responsibility at Tesla anymore.

[–] [email protected] 13 points 2 months ago (2 children)

I, the MuskyMelon, officially announce my candidacy for CEO of Tesla!!!

[–] [email protected] 3 points 2 months ago (4 children)

As CEO of Tesla, what will you do differently?

Keep your answer under 5 minutes

[–] [email protected] 4 points 2 months ago (1 children)

I'd do everything exactly the same, but not be a public assholes.

[–] [email protected] 3 points 2 months ago

You're hired

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[–] [email protected] 10 points 2 months ago
[–] [email protected] 9 points 2 months ago

This won't actually work, but you can't blame them for considering it.

[–] [email protected] 6 points 2 months ago

Who gives a shit? Fuck Tesla, fuck Ellen Musk.

[–] [email protected] 5 points 2 months ago* (last edited 2 months ago) (1 children)

This should have happened awhile ago. Lots of good people work at Tesla and I'd like to be able to buy an American made electric without worrying about vandalism or worse. Yeah there are a couple of other options but this should be one too.

[–] [email protected] 16 points 2 months ago (2 children)

I mean, just because Elon won't be CEO anymore doesn't mean he won't be getting funds from it to fund his bullshit. He's still an owner of it...

[–] [email protected] 6 points 2 months ago (2 children)

Spoiler, assholes own everything. Good luck finding products that don't make people you hate richer. Yeah you can find small niche products like beard wax from a local guy, but a car? Please tell me about a great car company.

[–] [email protected] 7 points 2 months ago (1 children)

For me there's a big difference between funding someone anonymous (to me) who might be an asshole vs someone known to me who definitely is. I can tolerate the former, but not the latter.

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[–] FistingEnthusiast 2 points 2 months ago

Well, Tesla ain't a great car company, that's for sure

Their products are shit

[–] [email protected] 3 points 2 months ago* (last edited 2 months ago) (1 children)

he's a minority owner, don't think he himself even holds a majority of voting shares outright--there's some bullshit and shenanigans going on that gives him the 'control'. iirc, it requires near-90% approval of all non-musk held voting shares to make 'major' changes like ousting a board member or ceo. that's why he's still 'in charge'

[–] [email protected] 2 points 2 months ago

it requires near-90% approval of all non-musk held voting shares to make 'major' changes like ousting a board member or ceo.

No, you're thinking of News Corp and Murdoch's shenanigans.

Tesla has a standard structure. He doesn't own a majority of shares, but he does own a significatn percentage and investors aligned with him combined have enough for him not to be at any significant risk.

The directors however have a fiduciary duty to act in the interests of all shareholders, so going through the motions of considering a replacement ticks that box.

[–] [email protected] 4 points 2 months ago

Fucking finally

[–] [email protected] 4 points 2 months ago (1 children)
[–] [email protected] 3 points 2 months ago

does it matter? he stacked the board with his corporate yes men.

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