this post was submitted on 01 May 2025
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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...
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.
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.
It really is, knowingly supporting someone who is openly evil, is obviously worse than unknowingly supporting someone who is evil, but tries to hide it.
We should not let people be openly evil, it just feels like a real stupid move.
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'
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.