The American consumer is a fucking idiot, this has a high chance of success as people forget about Elon and go back to buying them.
Still means fuck all as long as he holds his Tesla shares. All you’re doing is making him more money by making the shares go up again.
Drive the stock into the forking ground.
I’ve been expecting this, and it isn’t the only thing coming.
Before the recent earnings call, which was far worse than we even expected, we hadn’t heard much from him over the previous few weeks. He knew that terrible call was coming, and had been laying low, probably hoping things would improve some before making what he knew would be a disastrous earnings call. It was the equivalent of watching your diet 3 days before a doctor’s appointment, hoping your weight gain and cholesterol increase won’t be as bad as you know it is.
Also, it was a safe bet that his board of directors was livid, and that he had been ordered by his board to get back to work, or be removed as CEO of Tesla, and now it looks like they are moving toward with firing him. So why that decision?
The probable reason is that now that the earnings call confirmed what everyone suspected, there is almost certainly a shareholder class-action suit brewing over his reckless and irresponsible behavior over the last several months, which has directly caused severe, and probably irreparable damage to the company’s brand image AND it’s sales around the world, as well as tanking the stock price, an unforgiveable sin in the investing world. Now that the bubble has popped, it will never inflate again. As future earnings reports are released, and sales continue to slide, the stock will continue to decline, and the cycle will continue until bankruptcy. And it is all traceable to Skum’s self-indulgent, egotistical behavior.
The only question is will Skum be the only defendant, or will the lawsuit also name the individual members of the board, for not reigning him in, or firing him. They don’t want to be sued alongside him, so they are forcing him to get back to work saving Tesla, or even getting rid of him altogether, thus letting them off the hook for legal liability.
Its doubtful Skum, or anyone else, will be able to save Tesla at this point, its almost certainly too late. It is also probably too late to avoid a shareholder lawsuit. Investors have lost millions of dollars, not due to the vagaries of the market, but due to Skum’s outrageous behavior, like throwing up celebratory Nazi salutes on national TV, which, as CEO, he should have realized would damage his company and its investors significantly.
And arguing that he didn’t recognize the danger in advance is no excuse at all for a CEO, who should have been able to predict the response to his self-indulgent ego bender.
Shareholders have lost many millions, and they won’t just let that go with an “Oh well.” He’s likely going to get sued, and the board is just making sure they don’t go down with him.
Yeah, except he and his brother own majority shares in Tesla and pretty much hand-picked the board. I bet this is nothing but performative; they get a new ‘face’ for the company while he still runs Tesla from the background, Wizard of Oz style.
He was ousted as CEO once, and he’s put in preventative measures in every company since.
If they’re replacing him, it’s with his blessing specifically to try and prevent losses. And you can bet your ass that he’ll be a “special employee/consultant” that has the power to veto the new CEO.
I’ll do it. Here’s my CV. As you can see, compared to the current CEO it’s vastly better:
- can beat a tutorial boss. In fact, has beaten many final bosses
- has never done a nazi salute
- is loved by partner and child
To top it off, I’ll do it for the low low price of 200k/year
LOL was just shitting on him having no friends, damn this guy literally goes to bed fucking knowing nobody likes him
Anybody else I’d hope their self-defense mechanisms (“Biden’s the reason people hate me” “I’m huge in Japan somewhere” “no friends but that caviar was great today”) would kick in, but sorry no sympathies extended to those who sent their “heart” out to us
There was a day, not too long ago, where I’d seriously considered buying a Tesla. And I nearly did.
As of today, I for one will never buy a single Tesla product - not a car, not a truck, not a battery, not a robot, whatever - for as long as I live.
And no decision from Tesla leadership will change my mind at this point. Fuck them.
Even if that makes me a crazy old man 30-40 years from now when all this is in the past. Never means never.
I’m right there with you. I was actually considering the model 3 for a while. Even put a deposit down. Then Elon started showing his true colors around when the cybertruck was announced and it just felt wrong to keep supporting him.
Naw if Bernie nationalizes the corpse of the company holding their IP, would be happy to buy two
Would this include a total revamp of everything in the cars?
Teslas product are inherently consumer hostile.
They are bad build quality,. The user interface is made to cut costs not good UX. You need a subscription for things already in the car. Autopilot shuts off just before accidents to not make Tesla liable for the incident.
The list just goes on.
Everything about that company screams “fuck you” at the people buying their product.
So… Why would anyone from them ever listen to you? If you’re complete lost cause to them, why would they cater to your requests?
Hard boycotts and grudges are accounted for. What you’ve done is pushed the line the other way because now there’s one less person to sway them to fix their shit, since there’s no monitary gain in you.