Laid off 10% of workforce for the raise he doesn’t deserve. What a piece of shit.
Assuming a salary of $200,000/year, this $56B bonus could pay the salaries of 280,000 employees.
The actual layoff was around 14,000 employees. Assuming the same $200k salary, he could have asked for a bonus of $53B instead of $56B and paid for them.
Tesla should seek to oust Elon from the company. He’s ruining it. Cybertruck, falling sales, and important people heading for the exits.
Tesla should seek to oust Elon from the company.
They can’t. The only thing propping up the ludicrous stock price is the myth of “Elon Musk, Super genius” and the legions of Musk fanboys. If they kick Musk out they lose both and the stock will tank. So they’ve got to keep him in place, even as he runs the company into the ground.
It’s not. He even has defenders on Lemmy. Say that he has no experience as an engineer when it comes to cars and rockets and they come crawling out of the woodwork with quotes from people who worship him saying he’s totally an engineering genius.
I have a handful of tankie capitalism and “democracy” loving, American “traditional” leaning and religious Republican coworkers who absolutely still believe that he’s a genius. They feel that way about other billionaires too.
Edit: TIL that “tankie” doesn’t mean “capitalism and ‘democracy’ loving, American ‘traditional’ leaning and religious Republicans.” I guess the shorthand for that is just “stereotypical conservative.”
That’s what they said about apple too and they have done pretty well without Jobs, although their quality and vision have suffered.
Ousting him would be hard. He owns a significant amount of stock. I like the cybetruck
That said they need to talk him into a less visible role. Hire a real cto and put him in charge of secret projects
The board is all his buddies. That will prevent any real change.
I like the cybetruck
How’d that meeting go? Alright, we’re going to take everything that made the DMC Delorean absolutely useless but add batteries!
if they see their own investment dwindling, they will give him a golden parachute.
And he’ll go “That guy is now the CEO, I realized that I have to focus my time on (space)X, he will continue my vision”
One could hope. I love Tesla. Great technology. Great cars. Just need an adult to run it.
Oh so that’s why he laid off all those people.
$56 billion could pay 56 thousand workers $100k per year for ten years straight.
Instead they laid of thousands of workers not making anywhere near that sum.
Yet this one man deserves all that “value” he personally surely generated.
there was nothing he hated more, “but it must be done”.
sure. he’s in agony. pure pain. insurmountable suffering
Maybe the board can buy him out of the company at some point. It might actually safe the company without him at the top
