With any luck Elon with be in jail in a few years when Democrats try to prove we shouldn’t abandon this socio-political system entirely.
Comment on China Is Banning Tesla-Style Retractable Door Handles Over Safety Concerns
UnderpantsWeevil@lemmy.world 2 weeks agoI mean, “stealing” is a strong word. Elon bought them out, and they’re both enjoying a net worth in the hundreds of million.
What’s more disturbing about Elon’s tenure as head of the company is how social media manipulation, insider trading, and blatant SEC violations can pump a company’s valuation into the stratosphere.
Marc Tarpenning and Martin Eberhard both continued to contribute advances in engineering that far exceeded the Tesla project. But they’ll never have the kind of easy credit Elon secured through politics and media manipulation.
Earthman_Jim@lemmy.zip 2 weeks ago
Passerby6497@lemmy.world 2 weeks ago
That would require a backbone not seen in democrats in generations. I’d bet money on him being a free man and never seeing the inside of a cell.
Earthman_Jim@lemmy.zip 2 weeks ago
There’s’a always another’a way’a. Let’sa gooo!
TropicalDingdong@lemmy.world 2 weeks ago
Arcane2077@sh.itjust.works 2 weeks ago
That will never, ever, ever happen. Dems love an oligarch just as much, if not more, than republicans. China is the only country that prosecutes wealthy criminals.
ExcessShiv@lemmy.dbzer0.com 2 weeks ago
China is the only country that prosecutes wealthy criminals.
Unfortunately they also lockup anyone they just kind of don’t like for any arbitrary reason.
verdi@feddit.org 2 weeks ago
Like hispanic looking people! Those darned Han Chinese!!!
not_me@piefed.social 2 weeks ago
Like the states
Arcane2077@sh.itjust.works 2 weeks ago
I was pointing out a difference in the way America does things. If I started listing things both have in common, the list would literally never end
regedit@lemmy.zip 2 weeks ago
Don’t forget the genocide!
Earthman_Jim@lemmy.zip 2 weeks ago
Well, then I hope you guys are ready for a revolution unless you’re fine with a Blade Runner esc hellscape.
Azal@pawb.social 2 weeks ago
Don’t worry, we won’t get a Blade Runner-esc hellscape.
Because Blade Runner for a movie had to give us a fascinating world that was interesting that even as a hellscape there was a “Man, it’d be cool to be there.”
No, our hellscape is going to be more like how fast food restaurants all look the same now, the corporate architecture version of taupe agreed to by committee.
DaddleDew@lemmy.world 2 weeks ago
“Bought them out” is a weak word too though. He placed loyal people on the board and had them vote to give him control of the company.
UnderpantsWeevil@lemmy.world 2 weeks ago
He could place loyalists on the board because he bought a controlling interest in the company.
The latest compensation package has virtually unattainable sales targets. And the compensation is almost entirely in equity that assumes a monumental increase in stock valuation.
If he can manage it, I’d be tempted to say he earned it, except I know he’ll only “hit” the target by lying and market manipulation that will collapse as soon as he hits his mark.
anomnom@sh.itjust.works 2 weeks ago
Like having space x bit thousands of cyber cucks?
Or donating cyber cucjs to the Vegas police?
Or when his Canadian dealerships sold themselves hundreds of cars on the last week of government subsidies?
He’s gonna cheat to get his trillion, brag about having the biggest number, and try and fuck the country even more to keep him powerful. These robber barons need to be stopped and imprisoned bodies they can harm the rest of us any more.
UnderpantsWeevil@lemmy.world 2 weeks ago
He’s going to try. Even then, the bar is higher than just nibbling at the margins. And everything is stacked on the shoulders of an overall positive outlook for the US economy in total. He can’t insource all his car sales in any practical sense. And he can’t use options markets to outrun the perpetual gaggle of Tesla bears nipping at his heels. He also can’t reliably expect Congress to bail him out when he’s made this many enemies inside both the White House and Congress.
That’s not to say he won’t get a piece of paper with “$1T” written on it from his company at some point. But nothing in the Tesla financials suggests he will have anywhere to cash it.