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Tesla shareholder criticizes Elon Musk’s ‘ridiculous’ $56bn pay deal ahead of vote
(www.theguardian.com)
He is more of a liability than an asset at this point.
this post was submitted on 11 Jun 2024
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I agree, at this point he's holding Tesla back.
Their range of cars has become stale and outdated. His vanity project, the Cybertruck, is a disaster, the Model S and X aren't selling and the Y isn't getting a refresh anytime soon. Tesla can't continue on just the Model 3 sales. They need to compete with the established manufacturers who are now getting their act together when it comes to EVs and also acknowledge that the Chinese EVs are viable alternatives.
Tesla need a small SUV and small compact, it's what people want.
He's like, if I don't get this, I'll leave!
Fucking promise? People may start buying Tesla again
So say all of us
The guy just wants shareholders other than himself to bear the brunt of his foolish purchase of x. that's all this is.
He doesn't want to live with his mistake. He wants his cake and to eat it too.
Doesn't he hold the majority of the shares? Why even have a vote if that's the case.
Edit: I looked it up. He owns 20.5% of the shares, so definitely vote! Vote against this idiot.
If his companies made any money, one could argue that it may be ok. But he's not making money for others than himself