this post was submitted on 18 Mar 2025
987 points (99.0% liked)
Technology
66892 readers
5017 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The board needs to remove Elon today.
the board are his handpicked toadies that have him a bonus despite tesla losing money
yep. I don't get why they haven't. He's tanking their shit badly.
They just paid fucking 60 billion dollars to him to keep him from quitting. Maybe a smidge of sunk cost fallacy.
Good. Let them drown with their sinking ship. They enabled his power grab in the first place and decided something as perverted and absurd as granting a single man $60 billion. Let this be a lesson in history books.
Sigh. Fuck Elon. I hope the piece of shit goes bankrupt. Probably wont happen though :/
If trump had lost the election, he would be in jail and Elon would have been destroyed. Instead, we got… this.
yup. It's a sad state of affairs right now :/
I think Elon would have been better off if Trump lost. I dunno though. He bought Twitter for 44 billion, and that seems to have let him buy the presidency for a mere 200 million. So maybe it's money well spent.
Did that actually get paid out? Last I heard the judge said no, multiple times.
Yep. There was another shareholder vote and he won it.
No. As of 7 days ago, he has not been paid the $50 billion. The judge's order is holding for now.
https://www.theregister.com/2025/03/12/elon_musk_appeals_voided_pay_package/
Oh huh. I just remember him winning the new shareholder vote for which I believe the stakes were "gimme money or I leave" despite there being no legal requirement to pay him.
the honeymoon from the election is just wearing off.
You can remove him from the board but he'll still have all of his shares. And I'd bet he's not really doing much as Tesla these days anyway.
Not much except getting their dealerships torched.
My point was that they're doing what they're doing to hurt Elon. Removing Elon from the board does not prevent them from hurting Elon.
Even if they do, protests and boycotts need to continue past it. A lot of his wealth is in Tesla stock, and he's going to benefit from the shadows if the public moves on and TSLA recovers.