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Well ... your implication about my stock ownership is telling. Yes, for the record I have a lot of TSLA stock ... well into 7 figures. I've made a fortune and unfortunately lost half of it in the last year ... but still well into the 7 figures. The fact that I'm a shareholder entitles me to have a say and the fact that I got in early and put a lot of money into a company that could have easily failed gives me the right to say and do what I want. SO basically .. thanks for your advice ... but I COULD NOT care less what you have to say.
And .. I'm still long and still sick of Elon's behavior. This narrative that shareholders don't have a right to question the CEO's behavior is cult like.
Edited: Grammer
Cui Bono.I'm not sure what's so upsetting about his leadership. Is he the normal CEO that you never hear from? Nope. But is what he's doing with Twitter really that bad? Except for the since deleted post about Palosi's husband, the rest is fine with me.
I think the bigger issue is how all the competitors of Twitter (and by competitors, I mean mainstream media and other social media platforms) are exaggerating everything to minimize Twitter ("hot takes" and layoff outrage without context). If you think about it, if Twitter does become the best place to get objectively true facts, then what's the point of MSM news?
So what appears to be the issue is all the noise being raised right now. It too will pass. Worst case, they'll have to spend a little on advertising and a branding campaign to overcome it.
BTW, I'm not a crazy, conspiricty guy who thinks MSM is the devil. But we've seen what advertising's effects and the drive for clicks can do...
Tesla's reduced stock price already reduces its weight. No need to sell at rebalancing purely due to that.
I couldn't stand Elon's behavior when the stock was at 400 and said so. Now that it is 200 we have a lot of people questioning that behavior. It reminds me of a political party. that embraces bullshit and lies because they are winning.Well ... your implication about my stock ownership is telling. Yes, for the record I have a lot of TSLA stock ... well into 7 figures. I've made a fortune and unfortunately lost half of it in the last year ... but still well into the 7 figures. The fact that I'm a shareholder entitles me to have a say and the fact that I got in early and put a lot of money into a company that could have easily failed gives me the right to say and do what I want. SO basically .. thanks for your advice ... but I COULD NOT care less what you have to say.
And .. I'm still long and still sick of Elon's behavior. This narrative that shareholders don't have a right to question the CEO's behavior is cult like.
Edited: Grammer
IMO I think Elon has done pretty well keeping Tesla alive through this political climate of polarization.
The most important thing to understand is that Covid was politicalized by both sides, one side saying it's no big deal while the other wanted to kill a mosquito with a cannon. Tesla being a scrap company barely making a profit was caught in the cross hairs. The Democrats had absolutely zero problem allowing businesses to die due to Covid as no president gets elected(or re-elected) if the economy tanks.
What would you do if your Tesla during these vulnerable times will die if no one speaks up? Or for your mission, are you willing to break off and join the other side which was way more accommodating? This is what Elon did for his shareholders. The reason why Tsla isn't zero is because Elon went nuclear on his own party when his own party did NOT support the mission just to play politics. This is why WE invested in Tesla because we knew the government of either side are not interested in fixing climate change, and are just using it as a talking point for political gains. Elon doesn't care about this and he will lay with whoever you think is the devil to get his mission accomplished.
Yes, but not his only responsibility to shareholders. I don't know Tesla's OA (Operating Agreement), but they don't need to be boilerplate and can include things like the mission, society, planted... which must also be weighed in with finance as a whole. Is the Tesla OA public I wonder?
He's definitely cranked it up a notch, or ten. A lot more people have lost trust in the CEO, you can argue if that's warranted or not but it's a simple fact. That's a huge overhang on the stock and it's probably not going away.
Do you actually think one side is not more interested in fixing climate change than the other? Like, really? I must be very, very misinformed…This is why WE invested in Tesla because we knew the government of either side are not interested in fixing climate change, and are just using it as a talking point for political gains.
We cant treat Elon like MAGA treats TrumpI couldn't stand Elon's behavior when the stock was at 400 and said so. Now that it is 200 we have a lot of people questioning that behavior. It reminds me of a political party. that embraces bullshit and lies because they are winning.
One side is like "climate catastrophe if we don't fix it" but does everything in their power to limit businesses from becoming too big, from becoming a business, or from getting too wealthy fixing what needs to be fixed.Do you actually think one side is not more interested in fixing climate change than the other? Like, really? I must be very, very misinformed…
Wow, thanks for sharing! Great example of the learning capabilities of AI.There is an excellent video from Two Munute Papers showing 'in generic terms' how Google/Tesla AI works.
Mandatory for those who doutbt FSD, Optimus and ... Twitter
You do realize that life isn’t static, right? That people can change and should change as they move through life and everything and everyone around them also change. A decision today may need to become a different decision tomorrow for innumerable reasons.Love the consistency
Certainly no downside possible for Tesla, right?
Lindell Admits MyPillow Can't Get Back $65M in Revenue Lost Over Trump Ties
"We're going to lose that," the Trump loyalist said, but noted that his company is looking at alternatives to shore up revenue going forward.www.newsweek.com
Literally? Consider the role Twitter has played in Tesla's "marketing" in the past. Over the years the positive effects from Tesla-related content posted on Twitter has been seen as a boon, particularly for a company that has no traditional advertising in play.Quite literally, Tesla's assets (those engineers) are being wasted on an endeavor that only serves the business purposes of one director and shareholder of Tesla.
At the very least, Twitter needs to be paying Tesla for the use of those engineers (in the same way Tesla likely needs to pay SpaceX when they get help there). Not big dollars presumably, but still an issue.
But, given the problem of hiring quality software engineers at Tesla and its all-out focus on a huge backlog of software tasks, I'm not even sure money can compensate Tesla.
At the very least, the independent members of the board need to be discussing this and confronting Elon on this point. At worst, a plaintiffs' firm is going to consider a derivative class action on this very issue.
(I think SpaceX is very different btw, because Tesla and SpaceX clearly get help from each other -- there is no evidence that anything done at Twitter will help Tesla's engineering efforts).