Then passage would not cost the company any money. Please don't do this mental gymnastics. I'm not someone who you should do that with.A failed vote would transfer all that compensation owed to Musk back to the company.
You can install our site as a web app on your iOS device by utilizing the Add to Home Screen feature in Safari. Please see this thread for more details on this.
Note: This feature may not be available in some browsers.
Then passage would not cost the company any money. Please don't do this mental gymnastics. I'm not someone who you should do that with.A failed vote would transfer all that compensation owed to Musk back to the company.
In dec 2022 was when the stock was low and going lower. Then when the stock price was around 300 in July 2023, the screams lessened. Did Elon change between December of 2022 and July of 2023? No. Just shows it’s only about the stock price.By "everyone", I mean his shareholders. How did the vote pass with overwhelming support in 2018? Why are they struggling now? Oil and gas didn't suddenly hate him more.
If you followed KoGuan vs Elon's exchanges in December of 2022, you should know that exchange captured the essence of sentiment changes among his supporters. He/they begged him to stop / pause but was/were ignored, even unfollowed.
I'm not someone who cares what people on X think about Elon, but we're talking about his shareholders here. People who have a vested interest in the company. He should take this very seriously.
If he quits, he'll burn so many bridges behind him that I seriously doubt his other companies can survive.
The stock price lost 60% of its value in 2 months because he was dumping shares. Why would they keep screaming after he's done?That was when the stock was low and going lower. Then when the stock price was around 300 in July 2023, the screams lessened. Did Elon change between December of 2022 and July of 2023? No. Just shows it’s only about the stock price.
There're plenty of examples where people act against their own best interest, and just because shareholders have an interest in the company doesn't mean they know how best to run the company, that's why there's a CEO in the first place.I'm not someone who cares what people on X think about Elon, but we're talking about his shareholders here. People who have a vested interest in the company. He should take this very seriously.
If he quits, he'll burn so many bridges behind him that I seriously doubt his other companies can survive.
If a group of investors see what he'd have done to another group of investors, you think he can still "raise $50m with just a phone call" going forward?There're plenty of examples where people act against their own best interest, and just because shareholders have an interest in the company doesn't mean they know how best to run the company, that's why there's a CEO in the first place.
Elon is entitled to quit if this doesn't pass, given voting no basically means shareholders don't want him or his vision and don't want to pay him. His other companies would be fine, SpaceX is already profitable, the rest rely on VCs who has no stake in Tesla.
They are screaming again now because the stock price is down from 300 in July. Elon didn’t sell any shares since July.The stock price lost 60% of its value in 2 months because he was dumping shares. Why would they keep screaming after he's done?
No, they're not screaming now because of that. They're not screaming at all. They're just irritated that they're being asked to vote. Imagine you've been pissed off in silence for so long and now someone is coming along, poking and giving you a mic, interested in hearing what you have to say. Their loudness is in direct proportion to the effort the Board has put into this campaign.They are screaming again now because the stock price is down from 300 in July. Elon didn’t sell any shares since July.
And the plan passed in 2018 because it would be a massive win for shareholders even if it did cost a lot. The gains far exceeded the costs. Now post plan, there is no “gain” for shareholders other than Elon staying. The situation is completely different. So of course it will be harder to pass. It will be a miracle if this passes again.
The vote was for an agreement made. Elon held up his end. Leo profited. Mad or not about what happened since does NOT matter about THAT vote. He can scream, sure. But for Leo to go back on his agreement after Leo was rewarded, is wrong no matter how you slice it.No, they're not screaming now because of that. They're not screaming at all. They're just irritated that they're being asked to vote. Imagine you've been pissed off in silence for so long and now someone is coming along, poking and giving you a mic, interested in hearing what you have to say. Their loudness is in direct proportion to the effort the Board has put into this campaign.
What would he have done to the investors? A no vote would mean investors don't think he's important to retain, so him quitting wouldn't hurt the investors by their own logic. I mean didn't KoGuan claim Tesla needs a new CEO? So there you have it, they *want* him to quit.If a group of investors see what he'd have done to another group of investors, you think he can still "raise $50m with just a phone call" going forward?
A "No" vote does not necessarily mean they don't want to pay him. It may just mean they want more fiduciary commitment out of him. Elon is not perfect.
Again.The vote was for an agreement made. Elon held up his end. Leo profited. Mad or not about what happened since does NOT matter about THAT vote. He can scream, sure. But for Leo to go back on his agreement after Leo was rewarded, is wrong no matter how you slice it.
And trust me, everyone’s “morals” would pretty much disappear if we were at ATH right now.
how is it going to cost the company money? It's a vote to leave everything as is.
The question is not whether Elon can read people well. Smart as he is, I'd be very surprised if he sucked at reading people. The question is whether he'll let his ego get the better of him.
By quitting, he'd leave the company with half baked projects like FSD and Optimus - financial ruins. You want to invest in a guy who does that to his investors? Not my cup of tea but you do you.What would he have done to the investors? A no vote would mean investors don't think he's important to retain, so him quitting wouldn't hurt the investors by their own logic. I mean didn't KoGuan claim Tesla needs a new CEO? So there you have it, they *want* him to quit.
Besides, in this scenario it would be the investors who go back on their word and cancelled his compensation plan first, that's the cause of Elon's actions. No VC would be stupid enough to place the blame on Elon.
If investors want some kind of commitment, they're certainly not making it obvious to the board, since I haven't seen anybody express such a thing.
I'm just guessing, but Elon is definitely not rich enough to just leave Tesla be. His big dream is Mars, and for that he'll need billions and billions, and probably Optimus.There're plenty of examples where people act against their own best interest, and just because shareholders have an interest in the company doesn't mean they know how best to run the company, that's why there's a CEO in the first place.
Elon is entitled to quit if this doesn't pass, given voting no basically means shareholders don't want him or his vision and don't want to pay him. His other companies would be fine, SpaceX is already profitable, the rest rely on VCs who has no stake in Tesla.
And again, a contract is a contract.Again.
Either
a/ A large number of shareholders, including KoGuan, turned into assholes for no apparent reason
or
b/ Elon pissed them off in some way
one view leads to resolution, the other does not.
Again, if investors vote no, it means they don't want FSD and Optimus, they want a new CEO to return Tesla to a car company, in this case Elon quitting is just doing what they want him to do. If they think Elon leaving the company would mean financial ruins, they wouldn't vote no in the first place.By quitting, he'd leave the company with half baked projects like FSD and Optimus - financial ruins. You want to invest in a guy does that to his investors? Not my cup of tea but you do you.
No, a "No" vote means exactly that, they don't want to pay Elon 10%+ of the company at the moment. Stop with the BS.Again, if investors vote no, it means they don't want FSD and Optimus, they want a new CEO to return Tesla to a car company, in this case Elon quitting is just doing what they want him to do. If they think Elon leaving the company would mean financial ruins, they wouldn't vote no in the first place.
I don’t think he will quit if it fails. The board can offer another package. And Elon has said for years he never wanted to be the CEO of Tesla. Nothing new there.By quitting, he'd leave the company with half baked projects like FSD and Optimus - financial ruins. You want to invest in a guy who does that to his investors? Not my cup of tea but you do you.
The shorts are all, so to speak, holding bags of nitro. They need to drop their bags to run away, but if a large enough bag gets dropped all goes “boom!"…
These shorts are selling hugely at a long-running low period for the SP where it is unlikely to justify so large of a bet on there being a significant negative movement of the SP. Where is the logic in this?
…
Not BS at all, given Elon already said publicly he's not comfortable continue the AI work at Tesla if he doesn't have more voting control, every investor who vote no should already know this.No, a "No" vote means exactly that, they don't want to pay Elon 10%+ of the company. Stop with the BS.