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Shareholders could bring back Eberhard as CEO and Tarpenning as Chair of the board. Musk has just 20 percent. He can be kicked out.
by scotty79 2y ago
Shareholders could bring back Eberhard as CEO and Tarpenning as Chair of the board. Musk has just 20 percent. He can be kicked out.
- imafish 2y agoSure, but he will keep owning 20%. People simply don't want to put any more money in his pocket.
- gtirloni 2y agoThe damage he's done to the Tesla brand will take a while to fix, maybe a decade or more until people forget about it. That is, if the damaging stops.
- Tesslaaas 2y ago[flagged]
- aurareturn 2y agoTSLA would drastically drop if Musk is removed as CEO. TSLA is pure Musk and his promises and connections to Trump.
- refurb 2y agoWould never happen. Shareholder votes to give Elon $50B in compensation. The courts threw it out, so they voted again. And gave it to him again. They know Tesla’s success hinges on having Musk run it.
- ben_w 2y agoShareholders like him enough to support an irrationally high price/earnings ratio of (currently) 165 or so — for comparison, "normal" is (from what I understand) 15-20, and BMW's is just under 5. I won't be surprised if Tesla shares lose 90% of their current price, which is part of why I've sold all my shares and don't even feel too bad about having missed the exact timing of the peak.
- notahacker 2y agoThis seems unlikely whilst Tesla is basically a memestock for people bullish on Elon Musk.