this post was submitted on 28 Jul 2024
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Enough Musk Spam

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Watch how Tesla goes bankrupt because of one CEO's idiocy and greed and then blame unions for it. Tale as old as time.

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[–] [email protected] 0 points 3 months ago
[–] [email protected] 0 points 3 months ago* (last edited 3 months ago)

is he trying to make Biden more popular lol what a fucking idiot

[–] [email protected] 0 points 3 months ago

Does that mean its bidens fault the cybertruck falls apart when it gets damp?

[–] [email protected] 0 points 3 months ago
[–] [email protected] 0 points 3 months ago

As the vice president of my local, I agree.

[–] [email protected] 0 points 3 months ago (1 children)

This tool can accept he is the cause of the poor sales. He alienated his customers with his right wing rhetoric.

[–] [email protected] 0 points 3 months ago (3 children)

Teslas are impractical, cheaply made and expensive. That's why they aren't selling. Electric vehicles aren't selling in general because they don't make sense for the money. It's a forced meme by special interests.

[–] [email protected] 0 points 3 months ago

tf are you talking about? Forced meme? The numbers work for.many people and if they do they buy them. If they don't then they don't buy them.

[–] [email protected] 0 points 3 months ago

It is not a forced meme, my friend. Certainly economics play a role, but so do logistics. I live in an apartment with no way to charge an electric car, so even if I wanted one, it is moot. For now.

Take a look at electric bicycles and make a guess what will happen with electric cars. All of this depends on the price of gas, of course, and each country's fetish with driving large trucks.

[–] [email protected] 0 points 3 months ago

EV is a premium product, they are even designed to look different than other vehicles. People who buy an EV have a choice, it’s not a lowest bidder type situation.

Tesla’s used to be the cool EV. Sure, one could buy a different one but they are not as cool. Then Elon opened his mouth and the veil was lifted. Turns out he isn’t a genius, never got accepted to a PhD program, and his undergrad in physics is highly suspect. Then Elon went mask off as a fascist, right wing clown.

People buy EV’s are usually doing so for a status symbol and for the saving the environment ideology. Elon and his companies no longer represent that, and Teslas are no longer selling.

[–] [email protected] 0 points 3 months ago (3 children)

Still not sure why the idiot shareholders approved the pay package...

[–] [email protected] 0 points 3 months ago (1 children)

Imagine him tanking a company for revenge

[–] [email protected] 0 points 3 months ago (1 children)

It would be strange if he did it twice right?

[–] [email protected] 0 points 3 months ago

Tank me once shame on me, tank me twice...

[–] [email protected] 0 points 3 months ago (2 children)

If I was a large institutional investor with a significant amount of cash tied up in Tesla stock I would be concerned about Musk selling off his shares en mass and tanking the share price. Musk has shown nothing but how petty he can be even if it hurts himself when he doesn't get what he wants

[–] [email protected] 0 points 3 months ago (3 children)

He axed the supercharger department.

You know, the one thing Tesla had over all other EVs, the robust chargers that were everywhere.

I’d have cut and run then.

[–] [email protected] 0 points 3 months ago

Very hard with the size of some of the positions of the larger institutional investors, they let their greed override any common sense with the long term growth for Tesla under Musk. The whole Tesla stock is a house of cards just waiting to dramatically fall in value.

[–] [email protected] 0 points 3 months ago
[–] [email protected] 0 points 3 months ago

For a minute I was like "Wait why does an electric car need a supercharger how would that even work".

Then I remembered that it's a whole different thing now.

[–] [email protected] 0 points 3 months ago (1 children)

So basically a funny legal way of saying extortion?

[–] [email protected] 0 points 3 months ago

It's a mess of their own making, if you hold the tiger by it's tail, you better not let go

[–] [email protected] 0 points 3 months ago (1 children)

Seriously. It was an easy way to get rid of that anchor

[–] [email protected] 0 points 3 months ago (1 children)

They hold over 40% of the stock, that's got to be well over $200bn, no way would they risk tanking the value

[–] [email protected] 0 points 3 months ago (1 children)

You think that Twitter is worth over 500 billion? I would be surprised if it was worth 1 billion at this point. They're still losing users.

[–] [email protected] 0 points 3 months ago (1 children)

Tesla, as that's the one institutional investors hold all the shares for as it's the only one of the two publicly traded.

Twitter is privately owned via loans. Twitter shows how pathetic he can be when he doesn't get what he wants even at the expense of his own money

[–] [email protected] 0 points 3 months ago* (last edited 3 months ago) (1 children)

Oh right, I forgot which one was paying him that ridiculous compensation package. Is Tesla worth $500 billion? I would think getting rid of the obvious emotional weak link that has rather public temper tantrums would increase the stock price, but that shows what I know.

[–] [email protected] 0 points 3 months ago

As of yesterday the market cap was over 700 bn for Tesla. He can and has tanked the share price by bulk selling shares. Nobody is going to take that risk when they hold a few hundred billion in shares as even a 10% dip is at least 20bn dip. Best they can hope for is some more over the top announcements from Musk that boost the share price enough that they can reduce their holdings before Tesla drops like a stone.

[–] [email protected] 0 points 3 months ago (2 children)

Wouldn't every business be better dead than ununionized? I would rather Elon was dead personally, maybe Tesla isn't that bad but we hate him so much we can't see it? I dunno enough about them as a company, but I do want gas cars to only be in museums, so I'm hoping there's something there to salvage.

[–] [email protected] 0 points 3 months ago (2 children)

Why would a business be better dead than unionized? If it’s making money still then the answer is always no. Stupid statement.

[–] [email protected] 0 points 3 months ago (2 children)

Walmart is making money.

Should be unionized.

[–] [email protected] 0 points 3 months ago

Imagine how many hundreds of millions they have spent to keep their stores from unionizing. All to keep pay down. How much profit is in it for them.

[–] [email protected] 0 points 3 months ago (1 children)

100 percent. Once a company gets over a certain threshold of employees it should be mandatory honestly.

[–] [email protected] 0 points 3 months ago (1 children)

Does Tesla fail to meet that threshold for you?

[–] [email protected] 0 points 3 months ago

Fuck Tesla lol musk is a shitbag. Companies much smaller than them should be forced to unionize. I’m all for unions. Was thinking maybe 50 employees as the cutoff?

[–] [email protected] 0 points 3 months ago (1 children)

Stop thinking from the business' point of view instead of the workers.

[–] [email protected] 0 points 3 months ago (2 children)

As a worker, consumer, and employer myself there is benefits to each and every one of those things, and they work best in harmony with one another.

[–] [email protected] 0 points 3 months ago

Just saying that proves you see it from the company's point of view. The flat signs should not be more important than the people working for it. Sorry, corporations aren't people. Make people's lives better, every time. You can't make a business happy, it's not a real entity.

Prioritize your workers (as in, be unionized) and your customers. Those are the only people involved. Stockholders and board members are just leeches. You're either producing the goods and service, or you're consuming it. Nobody else matters or should be considered.

CEOs making 4 or 5 extra digits than their front line workers are the absolute worst.

Any action taken against any union by the company should just get the company bankrupted and paid out to the employees tbh.

Anything less is just the business telling the workers to their face "we want you to make us way more money than you'll ever even hear about while we figure out ways to legally take everything we can. Their objective is typically to not spend any money on employee well-being unless it is actively costing them more to not do it.

Almost nobody is on any company's side at all (other than the owner). People want good working conditions and good living conditions. No one cares how happy the business feels.

[–] [email protected] 0 points 3 months ago (1 children)

You can pick two of those 3 things and argue in good faith, but not all three. Actually two of them are mutually exclusive.

[–] [email protected] 0 points 3 months ago
[–] [email protected] 0 points 3 months ago* (last edited 3 months ago) (2 children)

yeah, I don't hate tesla or spacex, just the psycho puppetmaster.

[–] [email protected] 0 points 3 months ago (1 children)

especially with Tesla, at some point the lines blur.

I used to love tesla, and then the cyber truck came out, and they have become more and more consumer unfriendly.

You can say that its just Elon's actions, but how can you separate that from the buisness

[–] [email protected] 0 points 3 months ago

I think most people at Tesla secretly hate the cyberstuck.

[–] [email protected] 0 points 3 months ago

I honestly don't know enough about Tesla to say I don't hate it, but I like the fact their existence and failures are providing research data for future EV manufacturing. But I at least give them room to prove they're ok underneath their overlord.

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