Could Elon Musk be fired from tesla ?

Discussion in 'Stocks' started by john7722, Dec 13, 2022.

  1. Pekelo

    Pekelo

    Going back to the topic, and actually answering the OP's question, let's first answer a similar one:

    Could Zuck be fired from Facebook? The short answer is, no. Why? Because he owns the majority of shares and the good type of shares what gives him special voting rights.

    "Mark Zuckerberg is the owner of the majority of these shares. According to an SEC filing, as of 31 December 2021, Zuckerberg owned 13.6% of the company."

    So how about Elon? A quick search says:

    "Musk still owns 445.6 million shares, says S&P Global Market Intelligence. That gives him a 14.1% ownership position in the electric-vehicle company"

    So I guess the board could fire him. Except the board is made of either his bodies or relatives, and beside that, Tesla is a cult. So firing the cult leader is one of the best ways to collapse the stock...

    I am not sure about what type of shares Elon owns, Zuck made himself bulletproof:

    https://www.businessinsider.com/why-mark-zuckerberg-cant-be-fired-as-meta-facebook-ceo-2022-11
     
    #11     Dec 13, 2022
    john7722 likes this.
  2. newwurldmn

    newwurldmn

    I cancelled my plaid because the yoke got such bad reviews.
     
    #12     Dec 13, 2022
  3. VEGASDESERT

    VEGASDESERT

    yeah, at first glance its probably not something i would want but who knows maybe
    id like it after getting used to?
     
    #13     Dec 13, 2022
  4. newwurldmn

    newwurldmn

    wait till you get in a proper accident.
    I hit a snow mound at 5 mph. Broke a tierod And the tire cut into the. Wheel well. 35k of damage. Likely 6 months waiting and the car was i driveable.

    someone back into me in a parking lot. Dented the rear quarter panel. No. Damage to sensors. 12,000 dollars and 3 months waiting (pre-Covid) but at least I could drive the car.
     
    #14     Dec 13, 2022
  5. newwurldmn

    newwurldmn

    I heard it’s tough for tight turns like parallel parking.
    Also no transmission stalk was considered annoying by many.
     
    #15     Dec 13, 2022
  6. Baron

    Baron Administrator

    Yeah, but that's just the nature of getting in accidents and trying to get the damage repaired. I had a Porsche Cayenne GTS years ago and somebody rear-ended me. It was technically still drivable but it looked ridiculous driving a damaged vehicle around town like that. After months and months of waiting it finally got repaired but it was all such a huge hassle.
     
    #16     Dec 13, 2022
  7. Baron

    Baron Administrator

    I think the problem is that people post bad reviews about a new feature before they've really gotten a chance to get used to it. I definitely thought the yoke was awkward at first but after months of driving with it I've gotten so used it now that I never feel like I'm at a disadvantage by having it.
     
    Last edited: Dec 13, 2022
    #17     Dec 13, 2022
    newwurldmn likes this.
  8. virtusa

    virtusa

    In Ukraine Tesla owners have to buy fuel.
    Then buy a generator to make electricity.
    And then they can load their car.
    ICE cars just take fuel and run.

    In Switzerland in winter when it is very cold, it is forbidden for EV's to charge their batteries. The network cannot deliver the needed electricity.

    EV's are really a pain in the ass. At least if you don't just use it to go to the shop, or drive around the church.

    https://www.msn.com/en-in/autos/new...tric-cars-what-happens-if-it-does/ar-AA14Y03x
     
    #18     Dec 13, 2022
    tomas262 likes this.
  9. %%
    NO not really, nor from TWTR ;its much more likely all the media types that snarl against him get the axe so to speak\LOL easier to impeach biden-pelosi.
    I also have a tiny irritant on the attempted 1% tax on buybacks due in JAN, but that could get the axe also with new House.
    Congrats on your scale out; TSLA has had a real good run from $2.666 area.
    Its a bear market you know\ sorry TSLA did not help the saint Nicks rally:caution::caution:
     
    #19     Dec 13, 2022
    john7722 likes this.
  10. lwlee

    lwlee

    TSLA just hit $157. How much lower can it go? If the next earnings has even a whiff of slowing demand, this stock could crater more. Shanghai slowdown and TWTR backlash are creating massive negative sentiments.

    TBH, part of me wouldn't mind a nice flushing out. So many YouTuber fanboys pushing this stock like it's some kind of religion. I like TSLA as a company but that same religious fervor probably bumped this stock way further than it should have gone. Now those fanboys aren't realizing the reality of that pump and still trying to spin the same mantra.
     
    #20     Dec 13, 2022
    murray t turtle likes this.