Comment on China Is Banning Tesla-Style Retractable Door Handles Over Safety Concerns
DaddleDew@lemmy.world 4 days 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 4 days 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 3 days 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 3 days 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.
anomnom@sh.itjust.works 3 days ago
Yeah, thanks for clarifying my intent. I’m pretty sure he’s going to ride whatever is left of this AI bubble in finance to get his $1T number.
I worry he’s going to fuck out space industry in the process of fleecing NASA though. Hopefully there are enough adults in charge to stop that, but until the midterms (if they happen) I don’t think congress will be doing anything but infighting about the speaker position and hand wringing over the expected red losses.