WSJ - Tesla's board has opened a search for a CEO to succeed Elon Musk. https://www.wsj.com/business/autos/tesla-musk-ceo-search-board-0ce61af9?st=fzBa6i

@w7voa

Ship too late to save a drowning witch

@w7voa
Tesla's board of directors just gave their CEO a $65B bonus last year and this year they're looking at firing him.

That should really bring the board's competence into question imo.

@w7voa
I suppose it would be lucrative, but I have a hard time imagining choosing to take a job with Tesla or any of the companies he's made into social pariahs.
@w7voa @GreenFire (as a Tesla owner circa 2020) It could be hugely redeeming to all of us who purchased when there were far fewer options and who still believe in electric powered transport.
@KevinFreitas @w7voa
Yeah, I could see that POV, but sadly I doubt there is much hope that the Tesla brand can ever be salvaged after the damage that's been done to it sadly.
@GreenFire @KevinFreitas @w7voa As long as Tesla stock forms a significant part of Musk's wealth, people will be wanting the company to fail, regardless of anything else.

@GreenFire @KevinFreitas @w7voa You give consumers too much credit, as will Citibank, Wells Fargo, GE.... Old Coke wasn't the same formula after New Coke was discontinued. People wanted their Coke. Most people don't know Fiats and Jeep are both Stellantis cars, or what Lee Iaccoca had to do with all of it.

I'd put the price of a model S on a brand shift and a full revival within 18 months.

@w7voa funny - was just discussing Tesla's IPO filings in class, and all the risk factors that they identified back in the day - dependency on Musk was mentioned frequently πŸ™„
@w7voa Hilarous. Is keeping him as CEO worth umpteen billion dollars in remuneration or is he a liability to be disposed of? Only minds as polished as those of the Tesla board can transcend this dichotomy.
@w7voa Are Nazi salutes a job requirement or a nice to have?
@w7voa they will be rebranding - guarantee

@w7voa Do NOT buy a Tesla even if this does happen. Because Musk will still have massive amounts of stock in the company. The world does not need this company; there are many more EV manufacturers now.

Put them out of business permanently so that Musk loses every cent of his Tesla investment!

@mls14 @w7voa

He likely took out massive loans on his Tesla stock to buy Twitter, so anyone who hates Musk still wants the company to fail so the bank calls in those loans.

@mls14 @w7voa Not only there are more manufacturers, they make better cars too. The only things Tesla had going for them was the power-train and large autonomy, everything else on their cars is hot garbage.

And even those two things are being dealt with by the likes of BYD, with their Sodium bateries that recharge in 15min.

Tesla is done. The only reason the company is as valued is because it became a meme-stock.

@w7voa Still won't ever buy one. I'll be in the market for an ev in 4 years (the expected remaining life of my current car), and there's no way I'd ever consider a tesla. Never gonna happen. I hope the shareholders eat him alive.
@w7voa wouldn't expect to see "succeed" and "Elon Musk" together at this point :)
@w7voa OK, so we are finally coming to terms with the fact that he doesn't actually need a job?
@w7voa at first glance I thought Elon got lost in the woods or something.
@w7voa - the golden umbrella buy-out alone would sink them