Tesla CEO Elon Musk could leave if $56 billion pay package not approved, shareholders warned

It's a sacrifice I'm willing to make it that means musk is given a "fuck off" instead of 56 billions.

His other ventures will show he's not the Tony Stark level genius some thought years ago, so it's a temporary problem anyway.

Eh, the company is already in severe trouble.

Whilst Elon was playing dumbass with that cyber truck monstrosity that can only be sold in a select few countries because it's so fucking dangerous, Tesla lost the entire headstart it had. It has a very limited set of older models for sale that only really are interesting for people with money. Meanwhile China is here now with loads of cheap EV cars. Then there are fraud investigations that will turn bad as musk has for years been promising lies. See Theranos for an example on how that would work.

I could go on for a long time, but suffice to say, Tesla will be bankrupt within 3 years and so will musk.

Without musky boy the Tesla hype would die and hype is the biggest money maker at Tesla. Yep, you're right, pretty much no downsides.

Oh no, I'll lose all my followers on cybertruck!

I have been so fucking disappointed since I learned their naming scheme for car models. It's so intensely sophomoric.

When I was using that failed platform Reddit, I got permabanned from a Elon Musk sub because the mods read some anti-Musk comments I made IN OTHER SUBS. Talk about a clusterfuck. Hey hey ho ho, Phony Starck has got to go!!!!

I can certainly see that argument, but I'd counter that eventually the Musk bubble will pop and that day is coming like a freight train. Better to ditch him now while they can than suffer the cost of keeping him.

The Cybertruck is a fail on so many levels that I wonder why anyone wants one. It's not a good EV, it's not a good truck, falls short on price & range, is prone to corrosion, looks stupid, is totally impractical, and lethal to pedestrians & cyclists. The thing violates so many EU regulations that it will NEVER be on sale there and anywhere else that doesn't like murder machines.

Well theres 56 Billion dollars to invest into the company and make a better product. Fix the many issues with the company and get back building something people cant wait to get.

I dont think most people who wanted teslas really cared about self driving, that was just inventive and marketing. Its neat...if it worked without the problems, but i think ive said in an old post that tesla will be a much better company long after musk is out of the picture. I didnt expect it to happen now but ide be delighted if this company that like it or not is the one that kicked off the EV race would actually become a company forcing other manufacturers into a better world.sooner than they otherwise would do on their own.

EVs were inevitable is exactly what musk predicted was going to happen. He saw it as unavoidable and so he bought his way into tesla and spent a lot of time money(much more of other people than his own) and effort into building the Tesla brand

Maybe musk is just good at picking a horse, but i think its better for him to get out of the way of the real work of building the product and not just a brand.

I want Tesla to be so much more successful, and more importantly more respected, without musk than with him. That would be the best version of this brand

All I'm learning from the last 10 years between musk and that orange fuck among others is that starting a cult is really the way to go...

You end up with tons of money, those that could enforce repercussions are held hostage, and you get worshipers.

He's gotta pay back the Saudis for Twitter or else he'll be Khashoggi'd, so I imagine he's quite desperate to be asking this in the first place. I wonder how many people invested in Tesla as a way to raise funds for him personally, eg millionaire friends propping up the stock for him as a favor.

Quality is a spectrum. Sure, Mercedes isn't Rolls-Royce. Mercedes makes cars as their main business and turns a profit from that, Rolls-Royce is a company that makes aircraft engines and produces cars sometimes as publicity stunts (because a car built to the tolerances of an aircraft engine is, shockingly, going to be very precise and well-made).

But Mercedes is definitely a higher quality of build than like. Fiat or Ford. To an average person, you buy something like Toyota if you want reliability and a long-lived vehicle, or Mercedes for a smoother drive full of tiny little expensive gadgets that will probably develop a fault after 3 years.

(No idea why they've listed BMW here though lol, those things just love perpetually breaking down, because the systems they use to get that unique tactile feedback while driving that some people crave are absolute dogshit when it comes to life expectancy. They use a fucking chain for a timing belt instead of rubber. Don't ever buy one unless your idea of luxury is constantly having to shell out on repairs and tow trucks. If you have to experience one, just like. Get one as a hire car so you don't have to own the fucking thing.)

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.

Yeah but apple has iBags that deploy in an accident to protect the passengers, and the patented iWheel allows the front tires to turn 35 degrees in either direction.

Latest update. You won't be able to adjust seats, mirrors or steering wheel. Apple knows best how they should be set. Customers are too stupid to do it apparently.

Elon, sometime soon: "I've got a great idea! We're renaming Tesla to 'E'! Let's go, bros!"

I think that's bad enough.

He has the money to maybe change that rule. Arnold didn't.