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Save 56 billions and tell Musk to fuck off? What's the catch?
The catch is that Tesla has a bunch of problems that might cause the company to be in serious trouble soon, and if musk leaves before the company starts tanking then we'll have to hear endless bullshit from people about how musk was so great that he single handedly was what kept the company going.
It's a sacrifice I'm willing to make it that means musk is given a "fuck off" instead of 56 billions.
His other ventures will show he's not the Tony Stark level genius some thought years ago, so it's a temporary problem anyway.
You get permabanned from that one right wing hellhole social media network, whatever they call it nowadays
Edit: was it 3? No, maybe Y? S? I swear it had something to do with a Tesla model
If he left, the stock would bounce up 20%. Put an engineer at the head and start producing decent model 3, Y. Work on reaching 25k MSRP. I'm sure there's bottlenecks and inefficiencies that could get them there.
Tesla stock is worth more than most other car companies combined. Musk's genius is knowing how to pump stock. The company would do much better without Musk, but the stock would tank. No one else is willing to lie, cheat and sacrifice safety like Musk to keep the stock high.
I can certainly see that argument, but I'd counter that eventually the Musk bubble will pop and that day is coming like a freight train. Better to ditch him now while they can than suffer the cost of keeping him.
They could also abandon the cybertruck and focus on building cheap easy to repair shit boxes. Theyd corner the market by simply being affordable. Especially if they abandoned the BS futurism crap.
I might actually consider buying a Tesla at that point. The SO and I nixed the car as an option purely because of that guy.
2 years ago I was certain a long range Model 3 would be our family’s first electric vehicle. I am now certain that a Rivian R2 will be that vehicle instead. As long as Musk is in the pipeline, making terrible decisions I have no interest in Tesla.
That is the best thing that could happen to Tesla right now.
Don't threaten me with a good time!
Pay me a bonus that is multiple times the profit that the company has ever made, or i will stop sabotaging said company!
Eeeeh, no?
The reason he's able to make this ask and not immediately be laughed out of the room is that Tesla's value is massively inflated based largely on the personality cult surrounding Musk himself. If Tesla starts being valued as a car company rather than a speculative tech company with a "genius" leader at the help (quotes doing a lot of work there) , the stock price will be a fraction of what it is now.
That's what shareholders stand to lose, and it's why Musk has any leverage to make this ridiculous ask in the first place.
Wouldn't it be better for Tesla if he wasn't CEO? Hasn't he repeatedly demonstrated that he's a shitty leader?
Sounds to me like shareholders should call his bluff and be rid of him. Maybe then the company won't be wasting money on boneheaded vehicles like the Cybertruck.
Warned? Do you promise?
Would be excellent for Tesla if Musk leaves. They might finally make cars that have standards and quality to existing luxury brands like Mercedes, BMW etc
Promise?
Yeah but like an Elon promise.
So no.
Don’t threaten me with a good time!
(Not a Tesla shareholder tho)
warned
Warned or promised? Don't threaten shareholders with a good time.
Do eeeeet!
Call his bluff!
So that's what they pay the most irrelevant person in the company?
Perfectly fine and rational economic system we've got going here...
does another bump of ketamine
"Wait, I'm staying."
does another
"Nah. I'm gone."
does another
Please let him go.
The stock will go through the roof if he goes....It'll drop at first as the fanboys bail, but then institution's will have faith again and invest and it will pop off when he stops kneecapping the company.
The best thing for Tesla would be to dump Elon and move its headquarters back to CA. It needs to rekindle the love with its customers. Also Apple could buy Tesla and the world would go nuts.
Il run tesla for half that, and by simply doing nothing I will do a much better job than Musk.
Man, Tesla and the shareholders should take this opportunity to tell Phony Starck to not the the door hit ya where the good Lord split ya. Tesla would be so much better off without this spoiled nepobaby.
It's typically a bad idea in negotiations to say "the thing you want to happen will happen if you don't do what I want!"
A.I. can have his job.
Elon Musk: "Give me $56B or I quit"
AI CEO: "I'll do the job for a pizza covered in glue"
He’s clearly too distracted by his new found social troll celebrity. He’s not been doing Tesla any favors in recent years. Better he get removed at this point.
Ditch him along with his stupid truck and maybe the company will be appealing again.
This sounds like the best move for Tesla
Lol Im sure some of the Shareholders would be glad to see him move on, given his recent self-destructive behavior. He fired his most successful department at Tesla for...no reason?
He should leave.
Well it worked when he whined and moved Tesla to Texas because he couldn’t get what he wanted. Maybe he’ll leave Tesla now. Problem is a billionaire like him at loose ends could send him into politics.
Sounds like a sensible investment.
Do it. but first let me go buy some puts.
(for the record, that's either way. cuz. you know. tesla's getting shitfucked now that they actually have competition.)
