Save 56 billions and tell Musk to fuck off? What’s the catch?
The catch is that Tesla has a bunch of problems that might cause the company to be in serious trouble soon, and if musk leaves before the company starts tanking then we’ll have to hear endless bullshit from people about how musk was so great that he single handedly was what kept the company going.
It’s a sacrifice I’m willing to make it that means musk is given a “fuck off” instead of 56 billions.
His other ventures will show he’s not the Tony Stark level genius some thought years ago, so it’s a temporary problem anyway.
If the company really tanks even after saving 56 billion dollars that they could spend on literally anything else to improve their products, maybe they shouldn’t be a company anymore.
They really never should have been worth more than the rest of the auto industry, that’s for sure.
He’s more like a Phony Stark level “genius”.
Eh, the company is already in severe trouble.
Whilst Elon was playing dumbass with that cyber truck monstrosity that can only be sold in a select few countries because it’s so fucking dangerous, Tesla lost the entire headstart it had. It has a very limited set of older models for sale that only really are interesting for people with money. Meanwhile China is here now with loads of cheap EV cars. Then there are fraud investigations that will turn bad as musk has for years been promising lies. See Theranos for an example on how that would work.
I could go on for a long time, but suffice to say, Tesla will be bankrupt within 3 years and so will musk.
That’s my exact point. Tesla’s house of cards is about to fall and if elon leaves before it happens then idiots will say it crashed because he left, rather than the truth which is that he’s the one who put it in that position of an inevitable fall. Though in 3 years i don’t think it’ll go bankrupt, it’ll just be much worse off
Right! Where’s the downside?
Without musky boy the Tesla hype would die and hype is the biggest money maker at Tesla. Yep, you’re right, pretty much no downsides.
Musk being at the helm is 50% of the reason a lot of people won’t even consider buying a Tesla. Boneheaded engineering decisions he dumped on the engineers are the other 50%. Replacing the hype with decent cars would be a win for everybody not named Musk.
Being back lidar.
You get permabanned from that one right wing hellhole social media network, whatever they call it nowadays
Edit: was it 3? No, maybe Y? S? I swear it had something to do with a Tesla model
Oh no, I’ll lose all my followers on cybertruck!
I loved your joke and was excited to share it with my wife… who didn’t get it lol
Did you wake her up from laughing so hard? :^)
Is this a reference to something? I swear I saw a comment on Lemmy recently about a dude saying he laughed so hard he woke his wife up
Yes 😅
What’s it a reference to?
I have been so fucking disappointed since I learned their naming scheme for car models. It’s so intensely sophomoric.
“Their”? No, it’s literally just Elon forcing his childish sense of humor on the world.
I am the tiniest bit less annoyed since the Y was announced. For a while I thought he literally just thought the word “sex” was funny or something.
He just went from S3X to S3XY. It’s the same joke but… well, the same. Models H and O likely to be announced as part of his pay package.
Yeah but people call cars “sexy.” It’s less weird than just spelling out the word “sex” like you’re a 10 year old boy laughing at the word “sex”.
tbh S3XHOY fucks
Honestly. the naming scheme is not a problem for me. What is a problem is that they took away the option to have Tesla cars make fart noises to warn pedestrians that the otherwise quite quiet cars are coming.
When I was using that failed platform Reddit, I got permabanned from a Elon Musk sub because the mods read some anti-Musk comments I made IN OTHER SUBS. Talk about a clusterfuck. Hey hey ho ho, Phony Starck has got to go!!!
nearly all my bans when I was on reddit were from posts on other subs on reddit. Libertarian banned me for a post in antiwork I think, lol.
The reason he’s able to make this ask and not immediately be laughed out of the room is that Tesla’s value is massively inflated based largely on the personality cult surrounding Musk himself. If Tesla starts being valued as a car company rather than a speculative tech company with a “genius” leader at the help (quotes doing a lot of work there) , the stock price will be a fraction of what it is now.
That’s what shareholders stand to lose, and it’s why Musk has any leverage to make this ridiculous ask in the first place.
If he left, the stock would bounce up 20%. Put an engineer at the head and start producing decent model 3, Y. Work on reaching 25k MSRP. I’m sure there’s bottlenecks and inefficiencies that could get them there.
Tesla stock is worth more than most other car companies combined. Musk’s genius is knowing how to pump stock. The company would do much better without Musk, but the stock would tank. No one else is willing to lie, cheat and sacrifice safety like Musk to keep the stock high.
I can certainly see that argument, but I’d counter that eventually the Musk bubble will pop and that day is coming like a freight train. Better to ditch him now while they can than suffer the cost of keeping him.
I agree, the stock will tank eventually. I just think it would be immediate if Musk left.
Better than spending 56b to put it off temporarily.
Shareholders don’t actually care about long term viability as long as they can sell before everything goes to shit.
Tesla is in the sp500. Investors in that area tend to want long term results. It’s sold on the basis that you stick your money there and ride it for the next 20-30 years.
genius
Yeah I don’t care how good you are at “pumping up a stock.” That’s not genius.
Cunning? Sure. Savvy? Ok. Clever? Eh fine.
Genius? Lol fuck off
They could also abandon the cybertruck and focus on building cheap easy to repair shit boxes. Theyd corner the market by simply being affordable. Especially if they abandoned the BS futurism crap.
I was going to post just the text, but you beat me to it. And with a gif no less! Good show.
I might actually consider buying a Tesla at that point. The SO and I nixed the car as an option purely because of that guy.
2 years ago I was certain a long range Model 3 would be our family’s first electric vehicle. I am now certain that a Rivian R2 will be that vehicle instead. As long as Musk is in the pipeline, making terrible decisions I have no interest in Tesla.
Model Y is the best car I’ve ever had. I suppose in spite of, not thanks to the ketamine man. Probably not my next car if Tesla doesn’t do something smart about Musk.
That is the best thing that could happen to Tesla right now.
Musk leaving would probably help Tesla’s share price
Probably help them make cars too.
Imagine how many model 3’s they could have made if they didn’t set up a whole new production facility for a 3 year olds drawing of a truck.
The Cybertruck is a fail on so many levels that I wonder why anyone wants one. It’s not a good EV, it’s not a good truck, falls short on price & range, is prone to corrosion, looks stupid, is totally impractical, and lethal to pedestrians & cyclists. The thing violates so many EU regulations that it will NEVER be on sale there and anywhere else that doesn’t like murder machines.
It’s the emperors new clothes.
Remember, it was supposed to have 500 miles of range, accelerate as faster or faster than a Porsche 911, and have “Thermonuclear explosion proof glass” for some reason.
1/3 of those things sound useful as a truck. Having a long range while unloaded means it could have been decent for most weekend warrior/vacation hauling and towing jobs. But its actual range is closer to 300 miles, because the thing is absurdly heavy.
All the Elon fans insist that it’s the best vehicle they’ve ever driven, despite it having no clear design goal, and having a huge number of personal safety issues for the driver, up to and including the throttle getting jammed down due to cheap glue.
I haven’t seen one yet, but man do I wish I could, because I want to understand why some people are so in love with it. Unfortunately, I live in the rust belt, so I doubt I’ll see one of these rolling piles of rust for a very long time, as our climate will simply dissolve $100k dollar vehicle from under the owner.
It looks like a large appliance in real life, like an industrial regrigerator or rooftop air conditioner left on the side of the road.
I know this. And it’s why i wanted one. Thankfully the problems have allowed me to not want one. But if someone can fix these problems i will then want one.
I can’t explain it i just like how horrible they are
“I want vehicle geometry that decreases efficiency while guaranteeing any pedestrian I hit dies”
It’s a terrible shape for a consumer vehicle.
Not a single person in the entire history of vehicles has ever bought a truck and said man this vehicles geometry is so efficient what a good purchase ive made.
And where are you getting this about instant death shapes?
Look ive probably driven more kms than you in the last decade. Maybe not but i certainly am in the bracket or 2 below long haul drivers. In my professional career as well as my personal vehicle history ive never hit a pedestrian, but even if i did there are vehicles significantly worse than this one that have been sold for decades.
Its an interesting vehicle. Its just unlike anything else that is a consumer vehicle today.
I agree its ugly. It is a great excecution of an idea. Ive been a fan of sci fi and cyberpunk for 30+ years and this vehicle is exactly that. Its a vehicle i never thought anyone would ever make and its also and electric vehicle. That last bit alone is significantly important.
Many vehicles have problems. This vehicle deserves the failure it has earned.
Its a vehicle that should have beem almost impossible for its build and production to be worse than its curb appeal. yet musk in his musky ways musked it up damned good.
Talk to a Countach owner. They are awful vehicles by lambo standards or even any half way decent performance vehicle. Yet they are also beloved. The DeLorean is hilariously similar to the cybertruck yet a single movie turned that heap into an absolute icon.
Are you incapable of believing that what you see is not the whole picture? That people can be attracted to something not because of what if fails at but how they feel about it?
Are you a robot that cant understand the world you see and know is but a mere insignificant mote in the depth that is the world of reality and human experience?
They’re still worth a lot more than almost any other car manufacturer. Without Musk and his pie in the sky promises, what else is left to justify that?
Well theres 56 Billion dollars to invest into the company and make a better product. Fix the many issues with the company and get back building something people cant wait to get.
I dont think most people who wanted teslas really cared about self driving, that was just inventive and marketing. Its neat…if it worked without the problems, but i think ive said in an old post that tesla will be a much better company long after musk is out of the picture. I didnt expect it to happen now but ide be delighted if this company that like it or not is the one that kicked off the EV race would actually become a company forcing other manufacturers into a better world.sooner than they otherwise would do on their own.
EVs were inevitable is exactly what musk predicted was going to happen. He saw it as unavoidable and so he bought his way into tesla and spent a lot of time money(much more of other people than his own) and effort into building the Tesla brand
Maybe musk is just good at picking a horse, but i think its better for him to get out of the way of the real work of building the product and not just a brand.
I want Tesla to be so much more successful, and more importantly more respected, without musk than with him. That would be the best version of this brand
I do believe it’d result in a better company. I’m not convinced it’d result in a higher stock price.
Oh that’s fair i don’t really care about stock price. I can’t invest in anything so it’s just rich people fantasy football to me
Don’t threaten me with a good time!
Pay me a bonus that is multiple times the profit that the company has ever made, or i will stop sabotaging said company!
Eeeeh, no?
The reason he’s able to make this ask and not immediately be laughed out of the room is that Tesla’s value is massively inflated based largely on the personality cult surrounding Musk himself. If Tesla starts being valued as a car company rather than a speculative tech company with a “genius” leader at the help (quotes doing a lot of work there) , the stock price will be a fraction of what it is now.
That’s what shareholders stand to lose, and it’s why Musk has any leverage to make this ridiculous ask in the first place.
He’s gotta pay back the Saudis for Twitter or else he’ll be Khashoggi’d, so I imagine he’s quite desperate to be asking this in the first place. I wonder how many people invested in Tesla as a way to raise funds for him personally, eg millionaire friends propping up the stock for him as a favor.
The Saudis assassinating an American billionaire with such a high profile is simply not a serious possibility.
Wouldn’t it be better for Tesla if he wasn’t CEO? Hasn’t he repeatedly demonstrated that he’s a shitty leader?
Macrotrends.net says Tesla profits over the last year were $16.8B. So is this jack-hole really worth three years worth of profits? Seems like a bad financial decision to me.
Sounds to me like shareholders should call his bluff and be rid of him. Maybe then the company won’t be wasting money on boneheaded vehicles like the Cybertruck.
Gtfo, so long, dipshit
The only comment we need here.
Warned? Do you promise?
Would be excellent for Tesla if Musk leaves. They might finally make cars that have standards and quality to existing luxury brands like Mercedes, BMW etc
Luxury??
Yeah the poorly built oil canning bricks are billed as luxury cars.
Quality is a spectrum. Sure, Mercedes isn’t Rolls-Royce. Mercedes makes cars as their main business and turns a profit from that, Rolls-Royce is a company that makes aircraft engines and produces cars sometimes as publicity stunts (because a car built to the tolerances of an aircraft engine is, shockingly, going to be very precise and well-made).
But Mercedes is definitely a higher quality of build than like. Fiat or Ford. To an average person, you buy something like Toyota if you want reliability and a long-lived vehicle, or Mercedes for a smoother drive full of tiny little expensive gadgets that will probably develop a fault after 3 years.
(No idea why they’ve listed BMW here though lol, those things just love perpetually breaking down, because the systems they use to get that unique tactile feedback while driving that some people crave are absolute dogshit when it comes to life expectancy. They use a fucking chain for a timing belt instead of rubber. Don’t ever buy one unless your idea of luxury is constantly having to shell out on repairs and tow trucks. If you have to experience one, just like. Get one as a hire car so you don’t have to own the fucking thing.)
Mercedes sports cars(along with Toyotas) actually do really well on annual German fault statistics.
Promise?
Yeah but like an Elon promise.
So no.
