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It doesn’t work that way. Period. Musk’s job as CEO is to work in the best interests of the company. Using the company's resources to buy/build a completely un
by deaddodo 4y ago
It doesn’t work that way. Period.
Musk’s job as CEO is to work in the best interests of the company. Using the company's resources to buy/build a completely unrelated entity for his personal gain is most definitely not ok.
If he wanted to do what you’re saying (enrich Tesla with those features), Tesla should be buying Twitter. The scenario you're presenting, by the way, is exactly how Facebook/Meta acquired Instagram. However Facebook acquired Instagram, not Zuckerberg personally.
- eclipxe 4y agoWho is going to stop him? No one. Nothing matters anymore.
- deleted 4y ago[deleted]
- wyclif 4y agoApparently it's completely legal, though (IANAL). It's just like being a contractor on the side.
- deaddodo 4y agoElon Musk didn't commit a criminal offense here, no. No one is claiming he has. But he almost certainly acted against the interests of the company he was hired to shepard and committed a civil offense against the shareholders.
- ekianjo 4y agoFor sure the tesla stock is going to plunge because a few guys took time off to come assess twitter...
- karencarits 4y agoUnless the Tesla engineers also can learn a thing or two from the internals of Twitter and bring back to benefit Tesla. Or they are planning to do things that will benefit both parties in the long run
- meany 4y agoI think the fact that he’s taking Twitter private allows him to do what he wants. It won’t be publicly traded soon.
- bigmattystyles 4y agoBut Tesla is public, that’s the interest here.
- inglor_cz 4y agoI don't see your "Period" here. Perhaps it is in best interest of both Tesla and Twitter to cooperate on some topics, but not to the degree of acquisition of one by another. Remember that SpaceX and Tesla do have a common VP for material engineering, Charles Kuehmann? It makes sense for them to share knowledge on materials. In the same way, there may be a cause for sharing software engineering resources/know-how between Tesla and Twitter without actually merging the entire companies into one behemoth.