In a series of posts on X Monday night, Musk said that he would not want to grow Tesla to become a leader in artificial intelligence and robotics without a compensation plan that would give him ownership of around 25% of the company’s stock. That would be about double the roughly 13% stake he currently owns.
Just casually asking for a roughly 80 Billion dollar pay raise. But at this point would Tesla be better off without him?
Tesla should move on from Musk
The world should.
I’d argue we’re at the point where that would be a good business move too. It wouldn’t fix my main issue of but allowing 3rd party repairs so I wouldn’t buy one, but I know several people who have bought other brands due to Elon.
Definitely. His ideology also seems to be taking a different route than what’s compatible with an EV company.
the only ideology compatible with any company is capitalism. Do you think companies that make EVs do it for the greater good of the planet? No, they do it for profit.
If Tesla gets rids of Musk it will be because he’s making the other shareholders loose money.
I’m not one of those people who will say Musk has done nothing for Tesla. The entire market wouldn’t have gone as quickly towards EVs without his leadership. No other company would have been (or has been) as aggressive on self-driving technologies, and he has pushed the entire market to try to keep up. They wouldn’t be where they are today without him.
But now he’s just a liability. He does just as much harm as he does good. Unless you see coal rollers out there buying Teslas to show fealty to new, alt-right Musk (and I don’t), I can’t see what he’s continuing to provide to Tesla.