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I will buy a Tesla as soon as Elon relinquishes control over the company and resigns from its Board. Not bloody likely to happen, but a person can dream.

tootie 2y ago
Unlikely as it seems, does he actually run the company anymore? He's running a bunch of other companies and apparently the federal government. I wonder when is the last time he attended a Tesla meeting. He really should hand the reins. But even so, he's going to the biggest shareholder. Jeff Bezos relinquished Amazon, but he's still executive chair and the biggest stock holder so people still the company his.
eric-hu 2y ago
As long as you're dreaming, perhaps you should also include giving up all his equity in the company. He'd still profit handsomely off someone else running the company well with over 12% of shares.
- otterley 2y ago
  I'm not going to go that far. He can invest in whatever he wants; if he owns a non-controlling amount of Amazon or Home Depot shares, I'm not going to stop shopping there.
  - d1str0 2y ago
    I stopped shopping at Home Depot because their profits are donated to super pacs I don’t agree with.
  - littlestymaar 2y ago
    Amazon isn't a great example though as Jeff “algorithmically controlling workers body” Bezos is only marginally less evil than Musk.
    - scarab92 2y ago
      Tall poppy syndrome. The entirely logistics industry tracks worker productivity closely. Amazon are actually one of the better companies to work for. Their targets are more realistic, the pay is generally better, safety culture is much better and the facilities are air conditioned.
      - littlestymaar 2y ago
        It's not just about tracking productivity, it's about the words he chose to say that. Bezos also bought the WaPo and exert tight control over its editorial line so it can act as its own propaganda machine. While not as ostensibly evil as Musk (likely because unlike the former, he's not high on drugs all the time), Bezos is still pretty close to a Bond villain.
  - soramimo 2y ago
    Well, I'd say it depends on what you are trying to accomplish. If you don't agree with his political stance and and want to loosen his outsized influence on US democracy (e.g. by pouring hundreds of millions in political campaigns, silencing intra-GOP opposition by threatening to primary them with his money, using Twitter to push the fringe talking points of the day), then I would argue your goal should be reducing his net worth by refusing to buy from companies he's invested in. If on the other hand, you're mostly criticizing that the quality of Tesla's cars suffers because the company doesn't get his full attention, it's a different story and your stance makes sense.
    - otterley 2y ago
      Your idea, while well-founded, is practically impossible. If he put all his money into the S&P 500, and I refused to do business with any of its constituent companies, I’d barely be able to enjoy the fruits of modern society. I’m not that principled. As for the second point, I’d contend that the quality of Tesla’s vehicles is suffering in large part because of his direct involvement. Choices like substituting a yoke for a steering wheel and the design of the Cybertruck were his ideas. And I wouldn’t be surprised if the latest idiotic move of eliminating steering column stalks for the turn signal, lights, and windshield wiper and washer were his, too.
      - soramimo 2y ago
        Yes, agree that it would be very impractical if Elon was heavily diversified. That said, as it stands, the vast majority of his net worth is tied up in just a few of his own companies, hence this approach should work for now.
geodel 2y ago
Well, I was thinking other way round. When Tesla stock price sky rocketed after inauguration, I thought it would be dumped to PE firms or some other chump at immense profit to Musk. Tesla anyway does not fit into his political agenda, prices are too volatile in last few years and sales going down even before his latest shenanigans.
rayiner 2y ago
[flagged]
- xnx 2y ago
  What's "liberal" about Toyota?
  - lcnPylGDnU4H9OF 2y ago
    It’s the EV part. At least, that seems more likely than Toyota.
  - rayiner 2y ago
    A Toyota Prius is like the archetypal liberal mobile.
- otterley 2y ago
  What's nutty about it?
- gaganyaan 2y ago
  How can you possibly like someone throwing around literal Nazi salutes? Are you unaware of that?
  - chneu 2y ago
    Believe it or not, tons of people don't care about that. It's something that I have to constantly remind myself of. They either agree with it, don't care, or it isn't important enough. It's good when people openly admit to it because then an actual conversation can take place. When people make up dumb reasons or just won't say the truth it leads to pointless discussion.
    - rbanffy 2y ago
      I find it shocking people wouldn’t care about someone in power throwing around Nazi salutes and making very Nazi-like comments.
Gud 2y ago
Why would you? There are other car manufacturers with better cars available.

tootie 2y ago

Unlikely as it seems, does he actually run the company anymore? He's running a bunch of other companies and apparently the federal government. I wonder when is the last time he attended a Tesla meeting. He really should hand the reins. But even so, he's going to the biggest shareholder. Jeff Bezos relinquished Amazon, but he's still executive chair and the biggest stock holder so people still the company his.

eric-hu 2y ago

As long as you're dreaming, perhaps you should also include giving up all his equity in the company. He'd still profit handsomely off someone else running the company well with over 12% of shares.

otterley 2y ago
I'm not going to go that far. He can invest in whatever he wants; if he owns a non-controlling amount of Amazon or Home Depot shares, I'm not going to stop shopping there.
- d1str0 2y ago
  I stopped shopping at Home Depot because their profits are donated to super pacs I don’t agree with.
- littlestymaar 2y ago
  Amazon isn't a great example though as Jeff “algorithmically controlling workers body” Bezos is only marginally less evil than Musk.
  - scarab92 2y ago
    Tall poppy syndrome. The entirely logistics industry tracks worker productivity closely. Amazon are actually one of the better companies to work for. Their targets are more realistic, the pay is generally better, safety culture is much better and the facilities are air conditioned.
    - littlestymaar 2y ago
      It's not just about tracking productivity, it's about the words he chose to say that. Bezos also bought the WaPo and exert tight control over its editorial line so it can act as its own propaganda machine. While not as ostensibly evil as Musk (likely because unlike the former, he's not high on drugs all the time), Bezos is still pretty close to a Bond villain.
- soramimo 2y ago
  Well, I'd say it depends on what you are trying to accomplish. If you don't agree with his political stance and and want to loosen his outsized influence on US democracy (e.g. by pouring hundreds of millions in political campaigns, silencing intra-GOP opposition by threatening to primary them with his money, using Twitter to push the fringe talking points of the day), then I would argue your goal should be reducing his net worth by refusing to buy from companies he's invested in. If on the other hand, you're mostly criticizing that the quality of Tesla's cars suffers because the company doesn't get his full attention, it's a different story and your stance makes sense.
  - otterley 2y ago
    Your idea, while well-founded, is practically impossible. If he put all his money into the S&P 500, and I refused to do business with any of its constituent companies, I’d barely be able to enjoy the fruits of modern society. I’m not that principled. As for the second point, I’d contend that the quality of Tesla’s vehicles is suffering in large part because of his direct involvement. Choices like substituting a yoke for a steering wheel and the design of the Cybertruck were his ideas. And I wouldn’t be surprised if the latest idiotic move of eliminating steering column stalks for the turn signal, lights, and windshield wiper and washer were his, too.
    - soramimo 2y ago
      Yes, agree that it would be very impractical if Elon was heavily diversified. That said, as it stands, the vast majority of his net worth is tied up in just a few of his own companies, hence this approach should work for now.

geodel 2y ago

Well, I was thinking other way round. When Tesla stock price sky rocketed after inauguration, I thought it would be dumped to PE firms or some other chump at immense profit to Musk. Tesla anyway does not fit into his political agenda, prices are too volatile in last few years and sales going down even before his latest shenanigans.

rayiner 2y ago

[flagged]

xnx 2y ago
What's "liberal" about Toyota?
- lcnPylGDnU4H9OF 2y ago
  It’s the EV part. At least, that seems more likely than Toyota.
- rayiner 2y ago
  A Toyota Prius is like the archetypal liberal mobile.
otterley 2y ago
What's nutty about it?
gaganyaan 2y ago
How can you possibly like someone throwing around literal Nazi salutes? Are you unaware of that?
- chneu 2y ago
  Believe it or not, tons of people don't care about that. It's something that I have to constantly remind myself of. They either agree with it, don't care, or it isn't important enough. It's good when people openly admit to it because then an actual conversation can take place. When people make up dumb reasons or just won't say the truth it leads to pointless discussion.
  - rbanffy 2y ago
    I find it shocking people wouldn’t care about someone in power throwing around Nazi salutes and making very Nazi-like comments.

Gud 2y ago

Why would you? There are other car manufacturers with better cars available.