The final chapter of Tesla isn't about innovation. It's about the hubris of a white supremacist who thinks he rules the world. The brand that once promised to save the planet is now a study in how fast one ketamine-addled man-child can drive a company off a cliff.

https://www.theindex.media/nobody-wants-a-nazi-electric-car/

Nobody Wants a Nazi Electric Car

Musk chased right-wing approval, but the only thing he got was declining sales and a dying brand.

The Index.

@Daojoan one caveat: more than 70% of the Tesla shareholders decided (twice!) to award the poor excuse of a person they still have as CEO an extraordinary award of over 50 billion twice because of the “extraordinary leadership qualities” that might have been otherwise lost… that’s on them*.

*those who voted for it both times. However, it seems both votes are considered illegal due to the relationship between Musk and the majority if stakeholders. See, for instance, https://abcnews.go.com/Business/judge-rejected-elon-musks-50-billion-tesla-pay/story?id=116403271

2025-01-30: Edited to clarify that not all shareholders voted for it. In the end, the vote happened twice, and both times has been considered illegal because of the way it was negotiated.

Why a judge rejected Elon Musk's $50 billion Tesla pay package

The compensation package would have made Musk the highest-paid executive ever.

ABC News
@juandesant @Daojoan the whole Tesla stock itself has been declared "divorced from reality" by some career stock market investors, as its ups and downs don't generally coincide with how the company is doing.

@jhooper @juandesant @Daojoan Just today after reporting TSLA missed earnings expectations, stock went down at market close, and then shot up 4% in aftermarket.

Makes no sense and smells like manipulation.

@ShrikeTron @juandesant @Daojoan manipulation or fanboyism.

@jhooper @juandesant @Daojoan It's back down again to match market close values now that the wider market is open.

Completely that fanboyism and/or manipulation.