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But if customers say, fuck that noise, and stop buying the products, then it harms his company and violates his 'fiduciary duty.' See also: Elon Musk.
by Finnucane 1y ago
But if customers say, fuck that noise, and stop buying the products, then it harms his company and violates his 'fiduciary duty.' See also: Elon Musk.
- taylodl 1y agoMusk was a special member of the administration and with DOGE went waaaaaaaay beyond looking out for the interests of Tesla's and SpaceX's shareholders. Musk, through the smokescreen of DOGE, actively undermined federal regulatory agencies who were investigating Tesla and SpaceX. Musk attended political rallies and gestured the sig heil. Musk bankrolled the Trump campaign in a very significant way. This is not what the other tech CEOs are doing. Musk has put himself in a position where it's very difficult for him to claim "it was just business." That's a large part of why Tesla sales are now tanking.
- Finnucane 1y agoAnd now Cook, Zuck, and the rest of those guys are just riding his coattails. Gladly. They seem pretty happy about it. Customers will judge. We have no obligation to the shareholders.
- taylodl 1y agoThat's funny. Here's a list of the attendees: - Mark Zuckerberg (Meta) - Tim Cook (Apple) - Sundar Pichai (Google/Alphabet) - Satya Nadella (Microsoft) - Sam Altman & Greg Brockman (OpenAI) - Sergey Brin (Google co-founder) - Safra Catz (Oracle) - Lisa Su (AMD) - Bill Gates (Microsoft founder) What are customers going to do, stop using tech? I suppose you can feel good about Intel. Anyway, you're invited to the White House for a policy discussion involving tech, an industry in which your company is a prominent player, what are you going to do? Let your competitors sway policy?