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> You can't just replace Musk and Tesla starts selling a 25k car. Can't you? As a shareholder, I'd welcome a proposal to fire Elon Musk, whether his replaceme
by buffington 2y ago
> You can't just replace Musk and Tesla starts selling a 25k car.
Can't you?
As a shareholder, I'd welcome a proposal to fire Elon Musk, whether his replacement could produce a 25k car or not. It's clear to me that he has no interest in the success of the brand and will gladly see it fizzle if he has his way.
- lern_too_spel 2y agoA majority shareholder vote decided to authorize an otherwise unnecessary payment to Musk, presumably to keep him as CEO. After that, a proposal to fire Musk would surely fail.
- lesuorac 2y ago"otherwise unnecessary payment" is really an understatement. The payment is literally the last 3 years of profit [1]. [1]: pg 38 -- https://ir.tesla.com/_flysystem/s3/sec/000162828025003063/tsla-20241231-gen.pdf https://ir.tesla.com/_flysystem/s3/sec/000162828025003063/ts...