Comment on Tesla sales crash continues in Europe, with Germany down 70%

TheBrit@lemm.ee ⁨1⁩ ⁨month⁩ ago

• tigeruppercut@lemmy.zip ⁨1⁩ ⁨month⁩ ago

  As a publicly traded US company, can’t the board of directors vote Elon out because of tanking sales? Seems like that’s the only way for the company to survive at this point.

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  • Tja@programming.dev ⁨5⁩ ⁨weeks⁩ ago

    In a normal company they could, but the board are all loyal to him, not the company. Recently they insisted in giving him a 50 BILLION bonus, yes, with B. No chance they will intervene. And putting a puppet CEO like at Twitter won’t have a strong effect either.

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    • ringo32@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

      Dont know is a normal company…normal company growth big in generations like toyota honda volkwagen bmw…one life time there is a big bubble…also want to act like apple…propiatary stuf… I dont mind tesla for demise

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  • buddascrayon@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

    He’ll still retain his shares. Which is the source of his wealth.

    For my money I’m going to throw a goddamn party if this cursed stock hits double digits.

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  • drmoose@lemmy.world ⁨1⁩ ⁨month⁩ ago

    Cause everyone at Tesla is a spineless grifter too.

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  • CheeseNoodle@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

    Does that still apply when the CEO is also Emperor of the United States?

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