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Yes. A full-time CEO who cares about the future would be immensely better for the actual business but the instant he leaves, the share price is going down perma
by acdha 2y ago
Yes. A full-time CEO who cares about the future would be immensely better for the actual business but the instant he leaves, the share price is going down permanently.
- rasz 2y agoScrew caring about the future and actual business, this is stock prices we are talking about here! :) People refuse to remember how $650 billion valuation target sounded in 2018, it was pure madman pipe dream. Only way to reach it was frau^^^creative marketing. If they paid him that bonus smoothly in 2020 Elon would be pushing Tesla up to $1K as an AI company for the last two years. Instead he stol^^^redirected GPUs to his new startup https://www.cnbc.com/2024/06/04/elon-musk-told-nvidia-to-ship-ai-chips-reserved-for-tesla-to-x-xai.html https://www.cnbc.com/2024/06/04/elon-musk-told-nvidia-to-shi... and packed bags. Maybe that bonus is what finally radicalized Elon. Im unclear on the dates, was refusal to pay the bunus/ shareholder lawsuit before twitter acquisition? Maybe that bonus would have meant no x/no far right push on x/no Trump endorsement.