KEY POINTS

Elon Musk said he would form a new political party called the “America Party.”

Tesla shares fell Monday after Musk’s announcement.

Tesla shareholders have wanted Musk to stay away from politics, especially after his stint at the so-called Department of Government Efficiency, which many have said damaged the automaker’s brand.

  • Archangel1313@lemmy.ca
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    1 day ago

    Then Tesla’s investors should organize a class action suit against the board, for acting against their best interests.

    • MotoAsh@lemmy.world
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      1 day ago

      Nope, they already approved a massive payday to Musk specifically. Please explain to me how rewarding ANYONE millions or billions of dollars is EVER a financially smart move. Yet they didn’t get in trouble for it.

      What you need to learn is that this country is ALREADY bought and paid for by the rich.

      • Archangel1313@lemmy.ca
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        1 day ago

        And yet, he’s costing the rich a ton of money by tanking the value of his stock. That should take precedence over whatever “the board” decided to give him. The investors are the priority in a capitalist system…not the board. The board’s job is to maximize investor returns. That’s all.

        • MotoAsh@lemmy.world
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          2 hours ago

          I agree that should be the case, but the US “justice” system and rich fucking morons in general have made it VERY clear they’re not interested in making logical decisions.

          Otherwise all those fucking idiots and elon himself should be hanging from the nearest tree for being the brainless cultists they are.