• Corkyskog@sh.itjust.works
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    5 months ago

    I guess it never hurts to ask. If they fire him, the stock price drops to a somewhat realistic value and everyone loses their money.

    • MxM111@kbin.social
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      5 months ago

      At this point, the stock might go up. Elon’s reputation is probably negative now.

      • machinin@lemmy.world
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        5 months ago

        I don’t know about now, but at one point, Tesla was worth more than all other car companies combined. Musk has created that stock price because big investors know he will do almost anything, including lying, swatting the families of whistle blowers, committing securities fraud with very little consequence, or sacrificing worker safety, to keep that price high.

        If Musk leaves, there probably isn’t someone who will replace him that (1) has no morality or that is not afraid of getting caught or (2) is willing to go to great lengths to avoid any consequences of their actions.

        I imagine the stock plummets if he leaves.

        • MxM111@kbin.social
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          5 months ago

          There are two reasons why I do not buy Tesla. 1) Elon musk. 2) absence of CarPlay. If Elon is gone, there is no reason(1), and I am sure CarPlay will be implemented quite soon after that.

        • HeyThisIsntTheYMCA@lemmy.world
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          5 months ago

          Musk has created that stock price because big investors know he will do almost anything, including lying, swatting the families of whistle blowers, committing securities fraud with very little consequence, or sacrificing worker safety, to keep that price high.

          what, again?