I remember back when Space X was literally just starting with that massive funding and huge hype and was such a hot ticket. I had friends who ended up working for Boeing, NASA, etc. who didn't get past their first Space X interview.
Now? Who the fukk would want to work with him after all the idiotic moves he's pulled and the ways he keeps dikking over his own employees?
Elon Musk confirms his threat: give me 25% of Tesla or you don't get AI and robotics
Elon Musk appears to confirmed and even clarify what can be seen as a threat to Tesla shareholders: give me...electrek.co
A320neo • 11h ago
lemonylol •1h ago
I don't even understand the outrage of this thread/post. He's not going to be the one working on it, he's just going to be management. This isn't a threat, they can just can him and just go ahead with it using the team they will recruit just as they would have if he was still at the helm.
Manuelnotabot OP • 12h ago I feel like Tesla is far from being the company I loved, the one focused on accelerating the advent of EVs and clean energy.
Takaa • 12h ago • Back when Elon was just a weird guy that seemingly wanted to use his money to get to Mars and kept his egotistical political nonsense to himself. In any case, I don't see how this isn't a breach of his duties. He needs to act with the companies best interests at heart, without regard to his own personal status. If he doesn't want to do that, he can get out and the board can find someone that will.
Junior-Damage7568 • 9h ago He is Ceo not king of tesla. There are rules and consequences if he breaks them.
ElasticSpeakers • 10h ago The board needs to be voted out if they won't do what is right - this is reckless, wanton greed. No one needs, much less deserves, the money Elon is asking for.
Khades99 • 11h ago I keep reading things about how he’s now the most powerful man in the planet. I bet he reads those things too. That can really get to someone’s head.
Ok-Seaworthiness2235 • 9h ago Nope. He was always a fukking con. If you look at everything he's promised vs what's been delivered its pretty obvious. His skills are stealing other people's work and marketing. That's it. He's literally in a lawsuit rn for promising self driving cars and never delivering yet he claims he's going to develop AI?
matty8199 • 10h ago the board should have removed him long ago.
ReticlyPoetic • 11h ago Tesla needs a new CEO
Upstairs_Shelter_427 • 10h ago This man is gutting the company that makes Tesla what it is.
- New vehicle development team gutted.
- Software R&D for automotive gutted.
- Supercharger team gutted.
- Manufacturing and production R&D gutted.
- Materials engineering R&D gutted.
The man is making it crystal fukking clear that he will make AI& robotics the ONLY choice Tesla has because after the dust settles and these above projects, people, and teams idle or are removed - Tesla will have lost a crucial year or two in automotive development to competitors. It's so fukking sad. In my mind - Fremont factory closing will be announced in the next few years and his complaint will be "too expensive, I hate California, not focused on our goals for AI - blah blah blah.
Jinkguns • 11h ago The board really needs to get rid of him.
B33f-Supreme • 12h ago Good, leave Tesla with a real ceo that will focus on cars and energy, and go and start your own ai and robotics companies.
AmericanDoughboy • 12h ago Things like this would get most CEOs fired.
xemnas103 • 12h ago Stuff like this is why I voted against his compensation package.
kendrickplace • 11h ago I voted against that too
dagopads • 11h ago • Any semi competent board would remove him immediately. Both Elon and the board need to be sued!!
BenjaminD0ver69 • 11h ago God I should’ve divested from this stock 2 years ago…
ankjaers11 • 11h ago Can someone explain how he is still ceo?
jmpalermo • 11h ago Board is stacked with his family and friends
Arucious • 12h ago Shouldn’t have sold so much of the stock to buy twitter then
Necropaws • 9h ago I got the feeling some of the previous package was part of the Twitter deal or was used as collateral. Now he needs to get it back, otherwise he will have liquidity problems.
piecesmissing04 • 9h ago Maybe he should eat less avocado toast
thefishflinger • 8h ago And cut out the daily coffee.
killerturtlex • 8h ago And pull his socks up
d9jj49f • 8h ago And cancel his Disney+
StlCyclone • 4h ago Pull himself up by his own emerald colored bootstraps
sloppy_joes35 • 2h ago I know I became a billionaire when I did. Me and my buddy, Jeff, both did
The thread on this from the Reddit Tesla board is just a bunch of Tesla fans and shareholders mocking him and saying they hate what he's done to the company:
The Japanese automaker said Thursday that it aims to invest about 10 trillion yen ($64.56 billion) on its electric-vehicle and software strategy over the 10-year period through 2030.
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The Japanese company said that in China, it will introduce a total of 10 Honda-brand EV models by 2027 and set a target to sell only EVs in the country by 2035.
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The carmaker said in April that it will invest the equivalent of about $11 billion in building an electric-vehicle manufacturing plant and an EV-battery plant in Canada.
If Elon gets 25% voting power, Tesla is reincorporated in Texas, and compensation package is approved, then AI & Robotics stays within Tesla and the company can march on forward to become the largest company in the world.
Look, I get it, you nikkas think Elon Musk is some kind of corporate villain ruining Tesla. But let’s break it down. Elon doesn’t take a salary. Instead, he gets paid based on Tesla hitting crazy high goals. So, if Tesla crushes it, he gets stock options. If not, he gets nada.
Remember that 2018 compensation plan? It’s all about milestones. Tesla has to hit certain market caps and operational targets. If they do, Elon gets more stock. If not, he gets nothing. Simple as that.
Now, some folks are whining about how much he could make, saying it's too much. But here’s the kicker: he only gets paid if Tesla performs insanely well. So, his interests are directly tied to the company’s success.
Back in 2018, haters were like:
- Tesla will never be profitable!
- Tesla will never sell more than 100k cars a year!
- Other car companies will dominate Tesla in sales!
- EVs will never be successful!
- Teslas are built like a Chinese startup car company! Look at this huge panel gap bigger than your mom's vagina!
Since 2018, look at the growth.
I know you all hate Elon. Yes, he overpromises on everything and is stubborn as hell, but to me, that stubbornness is a good thing. Every other CEO would’ve given up on the Cybertruck, but he made it happen. Personally, I hate the Cybertruck, but I can't hate the man for trying.
Think about it—Elon could’ve easily made Model 2 racking up huge sales numbers and looking better on paper. He could’ve used all their resources to build more gigafactories. But he went for the Cybertruck because it’s a challenging project. It's a tough car to make, and he did it. Again, I can't hate the man for trying. Model 2 is a very easy car to make. make model 3 smaller, strip it down
Right now, the company has a clear vision: it's all about Robotaxi and Optimus. These are the driving forces, and the entire business depends on their success.
And there's no one better to deliver these than Elon. He’s the man for the job.
So yeah, let’s just not pay the guy because he shouldn't be filthy rich and sales aren’t growing anymore. Let’s not pay him because the stock is on a downhill, even though it shouldn’t have been valued that high in the first place. When it got to $400, it was just pure FOMO. Everyone knows Tesla shouldn’t be valued that high.
As a Tesla bull, pay the man and move on. Tesla needs Elon. Elon doesn’t need Tesla. He can simply do other things.
Look, I get it, you nikkas think Elon Musk is some kind of corporate villain ruining Tesla. But let’s break it down. Elon doesn’t take a salary. Instead, he gets paid based on Tesla hitting crazy high goals. So, if Tesla crushes it, he gets stock options. If not, he gets nada.
Remember that 2018 compensation plan? It’s all about milestones. Tesla has to hit certain market caps and operational targets. If they do, Elon gets more stock. If not, he gets nothing. Simple as that.
Now, some folks are whining about how much he could make, saying it's too much. But here’s the kicker: he only gets paid if Tesla performs insanely well. So, his interests are directly tied to the company’s success.
Back in 2018, haters were like:
- Tesla will never be profitable!
- Tesla will never sell more than 100k cars a year!
- Other car companies will dominate Tesla in sales!
- EVs will never be successful!
- Teslas are built like a Chinese startup car company! Look at this huge panel gap bigger than your mom's vagina!
Since 2018, look at the growth.
I know you all hate Elon. Yes, he overpromises on everything and is stubborn as hell, but to me, that stubbornness is a good thing. Every other CEO would’ve given up on the Cybertruck, but he made it happen. Personally, I hate the Cybertruck, but I can't hate the man for trying.
Think about it—Elon could’ve easily made Model 2 racking up huge sales numbers and looking better on paper. He could’ve used all their resources to build more gigafactories. But he went for the Cybertruck because it’s a challenging project. It's a tough car to make, and he did it. Again, I can't hate the man for trying. Model 2 is a very easy car to make. make model 3 smaller, strip it down
Right now, the company has a clear vision: it's all about Robotaxi and Optimus. These are the driving forces, and the entire business depends on their success.
And there's no one better to deliver these than Elon. He’s the man for the job.
So yeah, let’s just not pay the guy because he shouldn't be filthy rich and sales aren’t growing anymore. Let’s not pay him because the stock is on a downhill, even though it shouldn’t have been valued that high in the first place. When it got to $400, it was just pure FOMO. Everyone knows Tesla shouldn’t be valued that high.
As a Tesla bull, pay the man and move on. Tesla needs Elon. Elon doesn’t need Tesla. He can simply do other things.
This is an interesting threat for Musk to make, given that he personally told investors that Tesla doesn’t actually need him. To quote Musk himself on last month’s earnings call:
So, for vehicles — the things Tesla actually makes and sells — Elon Musk is not a necessary part of the business. If anything, given his arbitrary decision making, last-minute changes, and tendency to overpromise and underdeliver, he may actually be a hindrance. Even if you believe that Tesla will create fully self-driving robotaxis that save the company, Musk himself will tell you that he doesn’t need to be there. It’ll happen either way.Well I think no matter what, Tesla — y’know, even if I got kidnapped by aliens tomorrow — Tesla will solve autonomy. Maybe a little slower, but it would solve autonomy for vehicles at least. I don’t know if it would win with respect to Optimus, or with respect to future products, but it would — there’s enough momentum for Tesla to solve autonomy even if I disappeared for vehicles.
You’d definitely would have been one of them nikkas getting his wife ran through by David Koresh.
In what world does it make sense to give the CEO more money in compensation than the totality of all profits made in the history of the company?
In what world does it make sense to pay the CEO 10X the total labor cost of the company? During a time when the stock has lost 60% of its value and the company is laying people off?
nikka are you so throughly brainwashed that you can’t even look out for your own self interest as a shareholder?
You’d definitely would have been one of them nikkas getting his wife ran through by David Koresh.
what made it a tough car to make? whats makes it better than the competitors?
Elon Musk, Who Claimed 'Tesla Will Solve Autonomy' With Or Without Him, Now Wants To Hold AI Hostage For His Compensation Plan
Tesla investors must choose between giving Musk $55 billion, or letting him take away part of the business that he already said will work fine without himjalopnik.com