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I’ve on my 4th Tesla so far. There will not be a 5th one. I will not let my money go to Musk.
by tomashm 2y ago
I’ve on my 4th Tesla so far. There will not be a 5th one. I will not let my money go to Musk.
- scarab92 2y agoThe net margin on a Tesla is only a few percent, and of that Musk only receives 12% (only owns 12% of Tesla stock). A guy who is worth hundreds of billions, and is willing to give Wikimedia a billion dollars to change their name to dickipedia, doesn’t care whether he makes an extra hundred from you or not. Just buy the car you like.
- bdangubic 2y agothere is literally nothing he cares about except for money (including his own myriad of children he probably can’t even name)
- scarab92 2y agoI think that was true at some point in his life, but these days he regularly and deliberately torches billions of dollars just to make a point on principle. Which car you buy makes a significant difference to your life, but virtually zero difference to shareholders of the automaker, so buy whatever car you want instead of spiting yourself.
- bdangubic 2y agoWhich car you buy makes a significant difference to your life, but virtually zero difference to shareholders of the automaker while this is true for a single person, of course the opposite is true if there is a significant movement (like the one that appears we are experiencing) if significant number of people stay away from a certain car brand. also, on the personal note - I am a Tesla owner and have planned on replacing my 11-year Tesla S with a new Model Y, my wife said “over my dead body” :) hence, even on personal side the car buying can be a moral issue - not necessarily thinking “CEO will soon be homeless due to my purchase of lucid vs model y” but "I won't contribute a single penny to perhaps one of the most vile human beings that currently walks on Earth
- tomashm 2y agoThe same logic applies to voting in elections. One could argue that a single vote rarely changes the outcome, so why bother participating? Yet I believe that when enough individuals make the same choice—whether at the ballot box or with their wallets—it creates meaningful impact. Collective consumer decisions send powerful signals to companies and their leadership, just as collective voting shapes our democracy.
- tomashm 2y agoHah, now the TSLA stock is down by 54% since it's high at December 17th. 63% if you’re trading in EUR.