this post was submitted on 13 Jun 2024
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[–] [email protected] 21 points 5 months ago (2 children)

Musk owns more than 20% of Tesla stock.

While some investors remained silent on their voting position, Tesla's largest shareholders, including Vanguard Group, BlackRock, and State Street, collectively holding roughly 17% of Tesla's stock, abstained from public comment. The full voting breakdown will be revealed during a Tesla shareholder meeting in Austin.

One, what an AI-written paragraph: "While some ... remained silent ... [others] abstained from public comment." Aren't those the same thing?

Two, this is all just a bunch of rich motherfuckers deciding how much of an insane amount of wealth to give to one of them. Where'd they get that money? Customers.

Imagine how competitive an electric car company could be if it wasn't just a front for shuffling vast sums of money around between people who already have more money than they could ever spend.

[–] [email protected] 9 points 5 months ago

One, what an AI-written paragraph: "While some ... remained silent ... [others] abstained from public comment." Aren't those the same thing?

Yes, but it works. The emphasis is that all of the richest were silent instead of just some, which was the case for the rest of the shareholders. We hate repeating words in general English (which is why we have such a ridiculous amount of vocabulary), so “silent” was replaced the second time.

Still awkwardly worded, though, so you might be right with the AI thing.

[–] Tarquinn2049 3 points 5 months ago* (last edited 5 months ago)

It depends if "public comment" is akin to going on the record. Then staying silent means they didn't say anything, and not making a public comment means they said something to us that we promised not to make public.

Saying something not on the record is actually pretty common. And is most of what private sources are about and for. They might be able to point a reporter to someone or something that would be able to be reported on. Trust is a super important difference between an established reporter and a new reporter.