this post was submitted on 22 Mar 2025
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politics

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(page 2) 50 comments
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[–] [email protected] 10 points 1 week ago

Would he do the same for you?

[–] [email protected] 8 points 1 week ago (1 children)

If I had Tesla stock my terms would be that Elon Musk literally has to kiss my bare ass for me not to sell my stock. Then if he does it, I sell anyway!

[–] [email protected] 4 points 1 week ago (1 children)

Would it make sense to have bought it in the past just for leverage now? (not asking about 1 stock but if a ton of ppl did)

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[–] [email protected] 27 points 1 week ago (2 children)

I sold my Tesla stock long ago, before it crashed, because I wouldn't support M-Rat.

Now I'm thinking of buying a share, only because I want to be in the inevitable class-action lawsuit that is absolutely coming, blaming Musk for recklessly and predictably tanking the stock price, and the Board of Directors for not taking action and removing him from his job when he went out of his mind.

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[–] [email protected] 33 points 1 week ago* (last edited 1 week ago) (1 children)

Elon has NOT demonstrated ANY transparency THIS YEAR. Don't listen to his words. Words are a "tool" that he uses to get what he wants, NOT what you want. He doesn't think he is lying, it's just business “management.” Lying is his way to help his business thrive. Perfectly normal...for him.

[–] [email protected] 23 points 1 week ago

Perfectly normal for ALL Sociopathic Oligarchs. Lying, cheating, bad ethics, willingness to break the law, etc. are all considered valid business strategies these days. I've know many businesspeople who believe that.

Most businesspeople want to operate their businesses legally and ethically. People with morals and consciences wouldn't be proud of having a successful business if it only got that way through nefarious behavior.

Unethical businesspeople know that, and look for honest businesses like that to exploit. They see their unethical and illegal behavior as a competitive advantage over their honest competitors. They know their opponents won't cross a certain line, but they will, and they are actually excited to do it. They enjoy being dishonest, it makes them rich.

[–] [email protected] 18 points 1 week ago (1 children)

Musks Tesla stock holdings make it so that even if he were kicked out as CEO, the company would continue to be viewed as his personal piggy bank, and likely continue to face backlash for the stuff Musk is doing. Him liquidating his stock position would crater the stock price. It's pretty well cooked.

[–] [email protected] 8 points 1 week ago (2 children)

Yup, there is no way out of this now, and people know that. Even if there was a stock buyback, it's not going to save it from certain death.

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[–] [email protected] 17 points 1 week ago (1 children)

Selling high is good financial sense. I’m sure a business man as good as Musk would say that too.

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[–] [email protected] 46 points 1 week ago (1 children)

Musk has previously bragged that employee stock awards helped fend off unionization efforts in Tesla factories.

Indeed, Tesla is currently the only major American automaker whose workforce isn't represented by a union. Musk's strategy has previously been to pay employees much lower salaries than other American auto companies, offset with those Tesla stock awards.

Now that employee stock holdings are in the toilet, the leverage Musk once had over his laborers is quickly slipping through his fingers. The deeper Tesla's stocks plummet, the closer Musk pushes his underpaid workforce toward the bargaining table — which would be a huge cut to his own personal fortune.

But that's something only Tesla's employees can decide. In the meantime, calls on Musk to step down as Tesla CEO are only getting louder.

[–] [email protected] 12 points 1 week ago* (last edited 1 week ago) (3 children)

You expect unions to remain "legal" if that happens?

[–] [email protected] 6 points 1 week ago

Historically, that's when we collectively reach for the ammo box. Hopefully we get it right this time.

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[–] [email protected] 24 points 1 week ago (1 children)

He's hoping everyone else doesn't liquidate before he can. lol He's trying to leave everyone else holding the bag.

[–] [email protected] 9 points 1 week ago

Last thing he wants to do is liquidate. His twitter loans are secured by Tesla stock. He'd only liquidate if he gets a margin call on those loans.

[–] [email protected] 53 points 1 week ago (3 children)

Liquidate Musk. Appropriate his assets and redistribute the proceeds.

[–] [email protected] 7 points 1 week ago

Liquidate Musk, in a blender, in Minecraft.

[–] [email protected] 36 points 1 week ago (1 children)

I saw a cybertruck today. Fucker had a new tag on it. Fucker just bought it. I yelled and czlled hiim a fucking nazi. No way you buy any Telsa without knowing who you support.

[–] [email protected] 13 points 1 week ago

The cars I can generally excuse. Most people bought them before the true craziness of Musk was known and I’m not going to expect anyone to buy a new car because of the politics of the CEO, that’s crazy.

Cybertrucks though? Nah, fuck you if you bought of of those low poly-ass shitboxes. You knew what he was when you placed that order.

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[–] [email protected] 30 points 1 week ago

Sell your stock. Make the bank cash out elon stock so that he pay taxes on his loan collaterals

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