‘This is obviously not about the money,’ Tesla’s board chair writes — presumedly with a straight face.
  • masquenox@lemmy.world
    351·
    6 months ago

    So that’s what they pay the most irrelevant person in the company?

    Perfectly fine and rational economic system we’ve got going here…

    • UnderpantsWeevil@lemmy.world
      81·
      6 months ago

      Like most CEOs, Musk’s job isn’t really to do things. His job is to weedle tax incentives, private investment, and low interest loans out of his network of rich friends.

      He’s been incredibly successful at it. And that’s what makes Tesla valuable as a brand. The US government will pay you a cool $7500 to buy a brand new $80k cybertruck. Meanwhile, Chinese EVs are taxed at 100% of their sticker price.

      • PrimeMinisterKeyes@lemmy.world
        6·
        6 months ago

        And let’s not forget politics. When you’re golf buddies with the right politicians, winning those extremely lucrative public tenders will become a cakewalk.

      • volodya_ilich@lemm.ee
        51·
        6 months ago

        Musk is abso-fucking-lutely NOT responsible for the tax incentives, private investment or low interest loans that Tesla got, he’s only been good as an eccentric personality to convince investors that he’s the best and full self driving will be a thing the following year… For the past 7 years.

        • UnderpantsWeevil@lemmy.world
          41·
          6 months ago

          Musk is abso-fucking-lutely NOT responsible for the tax incentives, private investment or low interest loans that Tesla got

          He has wormed his way into a number of national economic advisory boards under both Barack Obama and Donald Trump. His close relationship with Peter Thiel and Catherine Duddy Wood has afforded him a number of opportunities to access investor cash at below-market rates. And he’s spent a fortune on lobbyists at both the state and federal level to influence public tax incentives, grants, loans, and bailouts.

          he’s only been good as an eccentric personality

          The reason he’s in the public eye is thanks to his extensive investment in PR and advertising. He’s one of the original Silicon Valley moneyballers, having determined that a small kickback to the tech media can reap enormous windfalls of retail investment cash and publicly approved state spending.

    • nomous@lemmy.world
      101·
      6 months ago

      Moderating a forum isn’t really a thing to be proud of or congratulate someone for squid.

      “Oh you were just made a moderator? I’m sorry.” is more appropriate.

      • Flying Squid@lemmy.world
        131·
        6 months ago

        It’s true, we do have a lot of thankless work to do (I moderate a bunch of communities), but we also, or at least I do, try to promote community growth and discussion. I sort of view my jobs as much as an ambassador for the community as I am someone who enforces rules.

  • dynamojoe@lemmy.world
    17·
    6 months ago

    This shareholder says “Bye!” and I’ll buy more when the market is done panicking over his departure.

  • RememberTheApollo_@lemmy.world
    20·
    6 months ago

    Well it worked when he whined and moved Tesla to Texas because he couldn’t get what he wanted. Maybe he’ll leave Tesla now. Problem is a billionaire like him at loose ends could send him into politics.