this post was submitted on 05 Jun 2024
914 points (98.9% liked)

News

23014 readers
8 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS
 
  • Elon Musk accused of illegally selling $7.5 billion in Tesla stock in Q4 2022.
  • Lawsuit alleges Musk and board violated fiduciary duties by selling shares ahead of disappointing vehicle sales data.
  • Shareholder seeks disgorgement of $3 billion in illegal gains and damages from directors for reckless behavior.
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 22 points 5 months ago (1 children)

No, that’s counterproductive because the government uses those services. Instead, the government could confiscate his stock in those companies.

[–] [email protected] 22 points 5 months ago (2 children)

SpaceX would probably be more profitable if they didn't have to spend so much time and resources on preventing Musk from interfering with things.

[–] [email protected] 10 points 5 months ago (1 children)

It’s mostly Tesla and Twitter that he’s wrecking, but yeah Shotwell does sometimes rescue SpaceX from terrible ideas he has, like canceling Falcon Heavy.

[–] [email protected] 2 points 5 months ago

Twitter was wrecked with the purchase, it's been on borrowed time since. The business is now worth less than the $13bn loan it took out to buy itself on Musk's behalf. It was a leveraged buyout, just like every business that goes under after "being saddled with debt".

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

I think you're really undervaluing his contributions. Think of it from an employee of space X's shoes

Having the big boss show up one day and yell "I want to launch my car out of orbit, start building a prototype right now, and everyone is doing overtime until it's done! I'll be sleeping in my office and walking around looking for excuses to fire people" is irreplaceable.

Do you think engineers build things just because that's what they do? Obviously you need to have someone rich yelling at them and threatening to fire people