Top Tesla investor calls for Elon Musk to step down as boss

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a'la mode

a'la mode

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news.sky.com

Top Tesla investor calls for Elon Musk to step down as boss

Wealth manager and long-time Tesla investor Ross Gerber said in an interview with Sky's Business Live that the tycoon and adviser to Donald Trump had lost his focus given his widening interests and was now too "divisive".
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Wealth manager and long-time Tesla investor Ross Gerber said in an interview with Sky's Business Live that the tycoon and adviser to Donald Trump had lost his focus given his widening interests and was now too "divisive".
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While the board technically has the power to replace a CEO, it can't happen in Tesla (like it can in other publicly traded, responsibly managed companies), since Felon has ensured he maintains at least indirect control over the board by having handpicked its members to be NaziMusk loyalists.

But still, even as a despot in your own company, when you destroy enough shareholder value, you're going to start losing support. Lose enough support, and you may risk eroding even your loyal support pillars in the board, and Muskrat getting ousted could start turning into a possibility. It'd be the best option for shareholders!

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Kilau said:
OPs face while typing up this thread.

You could have just posted the news because it's a valid discussion, but the tone is retarded.
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It's a good deal, you get to enjoy both my mic-dropping award winning commentary as well as the news article in one post. :messenger_tears_of_joy: It's still topical though, even though you don't like the tone!
 
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a'la mode said:
excuseme-princess.gif


It's a good deal, you get to enjoy both my mic-dropping award winning commentary as well as the news article in one post. :messenger_tears_of_joy: It's still topical though, even though you don't like the tone!
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It's hard to argue that he isn't hurting Tesla since the two seemingly can't be uncoupled in the public mind.
 
Kilau said:
It's hard to argue that he isn't hurting Tesla since the two seemingly can't be uncoupled in the public mind.
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That's really the thing, isn't it. It's hard to think of any arguments to still keep him in the helm, as he has done unprecented amounts of brand damage to Tesla (as characterized by JPMorgan). CEOs have gotten the boot for much, much, less, and in any other healthy and publicly traded company, he would've been shown the door already.

But stuffing the board with your own loyalists is not healthy because any shareholder decision and vote like the one for Musk's $55 bn package are immediately suspect, and that's why the situation can't be fixed easily.
 
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Elon can live anywhere he wants, rent free. He has so many choices.

I don't know what is worse, Elon Musk. Or the Anti-Elon Musketeers.
 
XXL said:
Telsa is up 37% YOY and up around 100% since Jan 2023.
Question Mark What GIF by MOODMAN
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They are great vehicles but the public image has taken a beating this year through coordinated literal attacks. I'm sure it won't be long until regular people are afraid to buy one.
 
Kilau said:
They are great vehicles but the public image has taken a beating this year through coordinated literal attacks. I'm sure it won't be long until regular people are afraid to buy one.
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I honestly, think it'll have the opposite effect in the end.
Donald Trump GIF by Election 2016

But we'll see.
 
Nah, its his company. The stupid shit happening now is ridiculous. Childish leftist democrat haters who look for the next outrage while doing nothing for society.
 
The Tesla brand is simply too ubiquitous with EVs in general. It's like Kleenex or Velcro. So as long as the market is moving towards EVs it will always have an advantage over legacy brands.

Because of that it actually makes sense that alot of these people that are apoplectic over Elon/Tesla are even minimizing or dropping the climate stuff, there was even that Senator that traded in his Tesla EV for a gas guzzling SUV.

Maybe there could be a Steve Jobs Apple situation where he leaves, the company stagnates, he comes back and the company becomes more popular than ever.
 
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The whole market is getting corrected right now. Everything got overvalued after the election but particularly Tesla.

Never fear the cat lady people.
 
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Kilau said:
They are great vehicles but the public image has taken a beating this year through coordinated literal attacks. I'm sure it won't be long until regular people are afraid to buy one.
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If they offered a non-retarded sized hatchback id be down. And im an EV < ICE guy. I would argue that the normal demographic of middle class workers isnt the target audience, but all these shenaigains against the owners could eventually make them the audience. Im 50/50 on the matter but think it'll be a curious watch.
 
There's a lot of people posting partisan views from within the US while ignoring the negative non-partisan view of Elon Musk outside the US.

It also seems like there's an overlap between this group and the lack of understanding over how the negative effects of tariffs as a longterm strategy will eclipse any positive effect.
 
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Gamerfan81 said:
A lot of resetera people still lingers around here.
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Vlodril said:
I was confused on which forum i was for a moment.
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LordCBH said:
OP's hair color is a shade of blue, pink, or purple.
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So only left leaning people are upset with Musk over his shenanigans and cutting things in government at random? Right leaning people can't be upset at him?

And this board is for everyone across the political spectrum. This isn't a safe space for one or the other
 
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You're allowed to have a combination of things going on, how does doing work for the government factor into Tesla? Would if they develop Tesla roads? Tesla stop lights? If anything Elon going government will improve Tesla.

I remember watching Troy legacy and wondering "why don't we have these roads developed yet"?
 
DeafTourette said:
So only left leaning people are upset with Musk over his shenanigans and cutting things in government at random? Right leaning people can't be upset at him?

And this board is for everyone across the political spectrum. This isn't a safe space for one or the other
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Mocking Spongebob Squarepants GIF
 
HoodWinked said:
The Tesla brand is simply too ubiquitous with EVs in general. It's like Kleenex or Velcro. So as long as the market is moving towards EVs it will always have an advantage over legacy brands.

Because of that it actually makes sense that alot of these people that are apoplectic over Elon/Tesla are even minimizing or dropping the climate stuff, there was even that Senator that traded in his Tesla EV for a gas guzzling SUV.

Maybe there could be a Steve Jobs Apple situation where he leaves, the company stagnates, he comes back and the company becomes more popular than ever.
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Thing is Jobs had vision, foresight, skill and created Apple from the beginning. Musk bought his way in, created the homer Simpson truck and couldn't shut his fucking assburger mouth up.
 
Tesla isn't doing well, but I don't think removing Elon will improve the value of the company. Tesla's high valuation is due to Elon's presence in the first place, not because the company makes a lot of money or anything.
 
Don't run from the mob. Tell it to F off instead

He might take a sabbatical if doesn't want to leave possibly. I don't think his government work is all that long term. Not sure if anything short of leaving would stem the violence though, if even that. Sad world
 
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Aw, that's so cute though! All the Musk ball garglers grasp their Felon dakimakuras in horror as someone has dared to post on a negative Tesla/Elon article in their ~*safe space*~. Science has finally found something more sensitive than a clitoris; a Musk/Tesla enthusiast.

nbcjr said:
Tesla still has a strong brand in the US, but in Europe and China, it is deteriorating fast.
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If Chinese EVs were allowed to compete properly in the US, Tesla would be done already. It's only due to subsidies, incentives, and protectionist policies to protect the US auto industry (some will claim national security, but everyone knows it's just about money) that it can still stay afloat.

DeafTourette said:
So mature and with a such a succinct argument.
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Ah, you shouldn't expect much more from the Musk Defense Force though. This is what they do everywhere. Where they go, disinformation is plentiful and logic does not apply.

Sakura said:
Tesla isn't doing well, but I don't think removing Elon will improve the value of the company. Tesla's high valuation is due to Elon's presence in the first place, not because the company makes a lot of money or anything.
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Well more accurately, the valuation is for the promise of automation, especially FSD and Robotaxis. But anyone with their finger on the pulse on relevant tech can already tell you that Tesla tech is woefully inadequate, outdated, and can't compete with competition. Shareholders are in for a very rude awakening when the bubble bursts, and Felon might actually become a felon when his misleading statements and the books around this pump and dump scheme are laid bare. One can only hope!

PS. President Trump, please don't do a Biden and pre-emptively pardon Musk when your term is about to be up. There are so many lulz to be had.
 
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Someone mentioned in some other thread that discussion about Elon should be banned cause it always comes down to politics.

Its fucking stupid, but as you all can see on this topic, you cant help yourselves, so I agree with him.
 
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