TheNightKing
J.A.P.A.N.
This is a little deceptive. If you read the story there was an issue but they fixed it and performance actually improved.
Of course that’s if you believe Neuralink’s report on it.
Elon Musk Purchases Twitter for $41.39 billion, Elon becomes first person ever to lose $200 Billion Dollars
- Thread starter Mr.LV
- Start date
This is a little deceptive. If you read the story there was an issue but they fixed it and performance actually improved.
Of course that’s if you believe Neuralink’s report on it.
LurkerSix
OG
If shareholders vote to pay him that 55 billion, they are dumb af. He already is using teslas marketing budget to promote him getting paid
jalopnik.com
Elon Musk has recently become convinced that his floundering car company is actually, secretly, an incredibly powerful robotics company. Model Xes and Ys are no longer the big business to him; it’s all about Optimus and robotaxis — that is, unless he doesn’t get his way at the upcoming shareholder meeting.
This past weekend, Musk threatened to take AI and robotics away from Tesla if he’s not handed everything he wants on a silver platter: 25 percent voting power in the company, his full $55 billion compensation package, and Tesla’s reincorporation in Texas. The problem is, he already said on an investor call just last month that Tesla doesn’t really need him.
Last Saturday, a Twitter account called Teslaconomics (a real name the account holder chose, despite “Teslanomics” seemingly being totally open and available) laid out a clear quid pro quo: If Elon gets all his little treats, then Tesla gets to keep the business wing that Musk has told investors is key to its success. The reverse is all there in the implication — if Elon doesn’t get the treats, he takes his ball and goes home, leaving the company with nothing but a backlog of outdated vehicles that consumers are increasingly shying away from. Musk, seeing this exchange explicitly laid out in writing, replied with a single word: “Yes.”
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:
Musk’s additions to Tesla, then, are focused around the achingly slow robot that the company does not sell and still lags behind more established competitors in the segment. Musk has said he sees no limit to the robotics market, no maximum spend that it can support before buyers lose interest, which mostly just shows he has no idea what he’s talking about. That’s not how any product or market works.
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 him
jalopnik.com
Elon Musk has recently become convinced that his floundering car company is actually, secretly, an incredibly powerful robotics company. Model Xes and Ys are no longer the big business to him; it’s all about Optimus and robotaxis — that is, unless he doesn’t get his way at the upcoming shareholder meeting.
This past weekend, Musk threatened to take AI and robotics away from Tesla if he’s not handed everything he wants on a silver platter: 25 percent voting power in the company, his full $55 billion compensation package, and Tesla’s reincorporation in Texas. The problem is, he already said on an investor call just last month that Tesla doesn’t really need him.
Last Saturday, a Twitter account called Teslaconomics (a real name the account holder chose, despite “Teslanomics” seemingly being totally open and available) laid out a clear quid pro quo: If Elon gets all his little treats, then Tesla gets to keep the business wing that Musk has told investors is key to its success. The reverse is all there in the implication — if Elon doesn’t get the treats, he takes his ball and goes home, leaving the company with nothing but a backlog of outdated vehicles that consumers are increasingly shying away from. Musk, seeing this exchange explicitly laid out in writing, replied with a single word: “Yes.”
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.
Musk’s additions to Tesla, then, are focused around the achingly slow robot that the company does not sell and still lags behind more established competitors in the segment. Musk has said he sees no limit to the robotics market, no maximum spend that it can support before buyers lose interest, which mostly just shows he has no idea what he’s talking about. That’s not how any product or market works.
