đź‘‹ Welcome! If you were registered on Cybertruckownersclub.com as of October 1, 2024 or earlier, you can simply login here with the same username and password as on Cybertruckownersclub.
We can't know what internal politics was happening, but...
...Musk's response is straight up bad boss behavior.
Projects need continuity. Employees are valuable resources. You lose them, you lose institutional knowledge.
CEOs are not so valuable.
-Crissa
That sounds like you're using a false dichotomy.
Having a kiosk off to the side to accept other forms of payment makes sure that these issues are dealt with. Tesla can handle it in their own cars, as they have a screen, but... The screen could be broken and you need to self-rescue.
Just...
So if your phone is broken or has no network, you're stranded.
So if you can't have a credit cars on file with Tesla, you're stranded.
So if you're out of money and need your buddy to pay, you're stranded.
So if your car ages out of network support, you're stranded.
-Crissa
No, Musk is wrong here.
He's crippling the company and cutting costs while the company is sitting on cash (it's grown by over 20% the last two quarters; while inflation reduced its purchasing power) and he's begging for more.
Payment kiosks are essential to support older vehicles, especially...
Not Elon, apparently. He's single-handedly holding back the progress he's made. If I could divest, I would. Such a move is crippling. For the larger EV adoption and for the company's health. He's sitting on cash at a time when cash is shrinking due to economic growth and health inflation...
...It's basically the equivalent of lumping Rivian's sales to Amaon in with their R1T sales. Ford, at least to their credit, only lumps their bare-back cabs with the F-series, but you end up with the F-series of Theseus by the time you get from F-150 to F-750. They don't share anything at that...
Does it go without saying that Tesla doesn't rate communications with people who are not yet customers lower than people who are?
Much better and more understandable than the dealership where I bought my Mazda: Where people who were already customers were given less priority than people who...
That's not a majority of shareholders, that's a majority of shares.
Hence, he needs a minority of shareholders to vote with him. Only about 30%, or a minority of other outstanding shares, needs to vote for his pay package for it to be approved.
If it were a proper vote, his shares wouldn't...
Just like Elon would vote to lay off employees or cut their pay when the company doesn't need them...
...So to should the company cut back on his pay when he's not contributing like he used to.
The bottom line speaks for itself.
-Crissa
Service people don't get paid commission. Only sales people do. Tesla has paid commission in the past, but it doesn't really help.
Service centers are not designed to be a profit generator, they are just designed to pay for themselves. So they don't do 'extra' things because most people...
Pro bono means they're not being paid during the case. It doesn't mean they might not get paid costs later.
And no, that would be even more suspicious, because who was paying them to do the work?
So you admit he only needs a minority of the vote...
While this is true, it doesn't help when people pretend that the corporate system is not without its flaws and pit traps.
Elon was the shareholder that elected the board originally. Who then voted for him to get more shares. And only the board selects who we vote on.
Hauling Ass's...
Dude, you're just lying here. Lying by omission.
The 'shareholders' were the original money guys who selected the board - and then that board selects who any retail shareholders vote for later.
So no, you don't just 'get voted on by shareholders' and get on the board.
-Crissa
No. This is not how this works.
The board isn't independent. It's supposed to be. But it can't be, because of the way they hire people. Honestly, you shouldn't be allowed on more than one board. They should have to actually stretch to find people to put on boards.
It's not the...
'Restrained' Dude, don't even go there.
I was just referring to his little spat about reincorporating in Texas. It's a tantrum. Not his politics.
And shareholders might not reapprove it? They shouldn't, if the board lied about how likely it was to pay out the goals.
Having 'your brother' on...
It's not just Kimbal, and there are things you can do to prevent the appearance of conflict. Until the prior suit, I didn't know he was on the board, either. I just assume all boards are corrupt, like you do.
Which is why I'm not bothered by the court's decision. The damage is... We vote...
https://www.legaldive.com/news/tesla-taking-novel-approach-56b-musk-pay-DGCL-Talley-Lipton-chancery-court-shareholder-suit/713745/#:~:text=%E2%80%9CEarlier%20this%20year%2C%20a%20Delaware,letter%20in%20the%20proxy%20statement.
The court found the board didn't do their due diligence to detail...