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Tesla CEO Elon Musk could leave if $56 billion pay package not approved, shareholders warned
(www.theverge.com)
this post was submitted on 07 Jun 2024
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They're still worth a lot more than almost any other car manufacturer. Without Musk and his pie in the sky promises, what else is left to justify that?
Well theres 56 Billion dollars to invest into the company and make a better product. Fix the many issues with the company and get back building something people cant wait to get.
I dont think most people who wanted teslas really cared about self driving, that was just inventive and marketing. Its neat...if it worked without the problems, but i think ive said in an old post that tesla will be a much better company long after musk is out of the picture. I didnt expect it to happen now but ide be delighted if this company that like it or not is the one that kicked off the EV race would actually become a company forcing other manufacturers into a better world.sooner than they otherwise would do on their own.
EVs were inevitable is exactly what musk predicted was going to happen. He saw it as unavoidable and so he bought his way into tesla and spent a lot of time money(much more of other people than his own) and effort into building the Tesla brand
Maybe musk is just good at picking a horse, but i think its better for him to get out of the way of the real work of building the product and not just a brand.
I want Tesla to be so much more successful, and more importantly more respected, without musk than with him. That would be the best version of this brand
I do believe it'd result in a better company. I'm not convinced it'd result in a higher stock price.
Oh that's fair i don't really care about stock price. I can't invest in anything so it's just rich people fantasy football to me