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this post was submitted on 20 Mar 2025
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Tesla could solve most of their problems by firing Musk. Any other public company whose CEO makes a very public Nazi salute would fire that CEO.
Yes, he'd still be a large shareholder, but I think simply getting him out of the company would give a lot of people the sense that he faced some personal consequences for his actions, and that any companies who deal with Musk will also face consequences.
We should give Elon more billions as an interim bonus instead.
-The Tesla board, probably
The companies board and senior leadership are his family and loyalists, therefore the company is fascist and should be destroyed, regardless of Space Karens involvement.
Id rather just see Tesla burn to the ground.
It won't.. they will bail it ot with taxpayer money. Like it or not every US citizen will buy some Telsa stock (but never own it). Capitalism for thee, but communism for me if the business fails.
Good, let the USA burn their money and tank their economy bailing out a company nobody would buy a car from
The board is filled with family and close friends. They'll protect him as long as possible.
They'll lose the ship to save one expendable captain.
If they're so determined to protect their Nazi captain, perhaps they deserve to lose the ship.
On one hand, that might indeed satisfy a lot of the public. On the other hand, we ought to consider that a bad outcome because the real goal should be to tank TSLA to the point that Musk's holdings no longer suffice as collateral and he's forced to sell Xitter.
If they fire him, he would sell. This would tank the stock value.
They're damned if they do and damned if they don't.
The stovk price is also all vibes based around him.
Edit: he wouldn't sell, though. He couldn't sell that much. He also has a bunch of loans leveraged against his stock aa collateral. Those collapse if the stock price collapses.
Exactly, Musk needs to go. Even apart from his abhorrent behaviour this dude supposedly has so many jobs, how can he possibly be doing them all to a reasonable standard let alone one deserving of his insane compensation.
I wonder how much money firing him would cost. The initial pay package was a stupid $56 billion. They'd probably have to pay pretty much that amount, and then hire a new CEO still.
Even after losing 50% of their value their market cap is still ~750 billion. They’re still valued at nearly 3x what Toyota is, and leagues above any other auto manufacturer. Their investors won’t do anything until they lose way more value, sadly.
And ending production of the Swastitruk would help.