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this post was submitted on 01 May 2025
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He will still have a shitload of shares. I don't need to get into the nitty-gritty detail of whether I hate the company or its products; his stock in it is what allowed him to buy the election for Trump, so fuck Tesla.
But did Tesla facilitate that or was Tesla worn like a puppet by an investor(Elon). There's a distinct difference and what I'm asking. Do we blame every company that gets gutted by Venture Capitalists? Do they have no path to redemption?
It's bizarre that you're even entertaining this as an idea.
Unless Musk loses all of his shares, not sold, and not only some, all of them - Tesla is complicit in providing power to Elon Musk.
No they do not have a path to redemption as long as it is literally the reason he was able to buy (and manipulate for his own gains) Twitter.
Its shareholders sure did.
https://www.cbsnews.com/amp/news/elon-musk-pay-package-vote-cbs-news-explains/
The BOD was quite insistent on giving Musk a $56 billion bonus.