I’d also say unless they’ve had an actual intervention with him that it’d be too soon for anyone.
Without the actual details on what Robyn and his brother said to him, its hard to know. Did they just beg him to stop, or demand he stop or face repercussions? (Edit: Maybe the full details are in the book, I haven’t read it, just the commentary on it)
Even a normal majority shareholder CEO would be in the disciplinary seat, heck even the lawsuit defendant seat, much sooner if they tried to pull what Elon Musk did. It is literally illegal to knowingly act against the interests of your shareholders, something Elon did time and time again.
Edit: looks like that difference is twitter but the timeline seems weird. He’s still the top individual or group holder with 411m shares.
Sorry, fair enough. He’s the TOP individual or group shareholder.
I think he might have gotten more shares since your number, or this number is after twitter, but it says 20.6% by March 2023
1. Elon Musk
According to Tesla’s 2022 Annual Report, Tesla’s CEO and founder, Elon Musk, owns 715.022 million shares, accounting for 20.6% of the 3.169 billion outstanding shares as of the end of March 2023, unchanged from the end of December 2022. That makes Musk Tesla’s biggest shareholder.
Without the good PR he used to give before showing his real face, he has zero value to any company he is part of, other than the money he has invested in it.
In fact, any policy influence he has with any of these companies is actually a detriment.
Elon never had any technical, intellectual or other expertise in any of the companies he was involved in.
All he ever had was the illusion of charisma and being a master bloviator.
Now that he has been exposing himself as nothing more than the petulant narcissistic manchild he is, that value he had has been dispelled.
SpaceXs previous chief propulsion engineer would disagree with you
Space.com: During your time working with Elon Musk at SpaceX, what were some important lessons you learned from each other?
Mueller: Elon was the best mentor I’ve ever had. Just how to have drive and be an entrepreneur and influence my team and really make things happen. He’s a super smart guy and he learns from talking to people. He’s so sharp, he just picks it up. When we first started he didn’t know a lot about propulsion. He knew quite a bit about structures and helped the structures guys a lot. Over the twenty years that we worked together, now he’s practically running propulsion there because he’s come up to speed and he understands how to do rocket engines, which are really one of the most complex parts of the vehicle. He’s always been excellent at architecting the whole mission, but now he’s a lot better at the very small details of the combustion process. Stuff I learned over a decade-and-a-half at TRW he’s picked up too.
Not a musk fan in the slightest, can’t stand the man… but do you have any proof he actually has no clue about rockets? Easy to make the claim, but I’d love to see it backed up.
Again, I strongly dislike Musk, but I’ve only read testimonies that he knows his rockets. Give me counterproof, please! Any fuel for the musk fanboy tears is worth it. But I want it to be true, not just bashing for the sake of bashing
There are so many things to hate about musk if that’s your jam, but over the years I’m always surprised by how many people hate him for fake / made up reasons.
I think it stems from people wanting to hate him earlier on, well before he gave the world dozens of new reasons to hate him so they made shit up to make themselves feel better. Believe it or not there was also a concerted push to discredit him and Tesla early on to kill Tesla, so they helped manufacturer the hate.
But then he goes off the deep end and gives the world so many reasons to hate him without any of that, but the haters who want to hate for hates sake stick to the oldies.
Edit: so I applaud you challenging the BS stuff. Hate him for the real stuff!
Musk is a barely part time CEO of an automaker that had a 10 year head start and is about to get passed by just about every other major maker. He’s producing cars rife with QA problems, and ships about equal parts vaporware to actual cars. There is also a ticking clock on a significant part of Tesla’s business which is selling carbon offset credits (side note: what’s the fucking point then?) and other subsidies that seem to have no plan to solve. He spends his actual time shitposting now with extra anti-semitism (and I guess we’re glossing by the anti-LGBTQ shit he’s posted several times.)
SpaceX is healthier, but also has massive weakness in that they largely that way because of massive subsidy and lack of regulation on shooting satellites into space.
Literally just about any other employee, not CEO would be fired 20 times over. That Elon remains the head of any company should send investors screaming for the hills because there is basically no clearer sign that the companies have no actual board and thus no actual oversight. Elon shouldn’t be in charge of picking between McDonalds or Wendy’s, much less an actual company.
what the fuck are you smoking, it only gets worse from here with this tool… this was the reason he bought that piece of shit platform to begin with… again, what the fuck are you smoking that you think he can be reined in…
So I’m not at the level of he should he removed as CEO yet, but his behavior and harm to the brand requires some sort of punishment by the board.
According to the latest biography the board chair and his brother (on the board) have already approached him about it.
At this time it’s time for an intervention.
Suspend him as suggested in the article.
If he continues to act up after that remove him as CEO.
I mean if it was literally any other CEO, especially one without a majority share in the company, they’d be out on third strike. Elon is on strike 6
Strike 6 for this year so far
Sure, but he is a majority share holder.
I’d also say unless they’ve had an actual intervention with him that it’d be too soon for anyone.
Without the actual details on what Robyn and his brother said to him, its hard to know. Did they just beg him to stop, or demand he stop or face repercussions? (Edit: Maybe the full details are in the book, I haven’t read it, just the commentary on it)
Even a normal majority shareholder CEO would be in the disciplinary seat, heck even the lawsuit defendant seat, much sooner if they tried to pull what Elon Musk did. It is literally illegal to knowingly act against the interests of your shareholders, something Elon did time and time again.
But has he been in the disciplinary seat? I whole heartedly agree he should have been by now.
But if they haven’t, he’s technically at strike 0
This is a failure of the board as much as it is a musk problem.
Hes not the majority shareholder of Tesla. He has 13%, not 51%.
Edit: looks like that difference is twitter but the timeline seems weird. He’s still the top individual or group holder with 411m shares.
Sorry, fair enough. He’s the TOP individual or group shareholder.
I think he might have gotten more shares since your number, or this number is after twitter, but it says 20.6% by March 20231. Elon MuskAccording to Tesla’s 2022 Annual Report, Tesla’s CEO and founder, Elon Musk, owns 715.022 million shares, accounting for 20.6% of the 3.169 billion outstanding shares as of the end of March 2023, unchanged from the end of December 2022. That makes Musk Tesla’s biggest shareholder.Without the good PR he used to give before showing his real face, he has zero value to any company he is part of, other than the money he has invested in it.
In fact, any policy influence he has with any of these companies is actually a detriment.
Elon never had any technical, intellectual or other expertise in any of the companies he was involved in.
All he ever had was the illusion of charisma and being a master bloviator.
Now that he has been exposing himself as nothing more than the petulant narcissistic manchild he is, that value he had has been dispelled.
SpaceXs previous chief propulsion engineer would disagree with you
Bullshit. Utter bullshit. The guy is just sucking Musk dick. Musk doesn’t know anything about rockets.
Not a musk fan in the slightest, can’t stand the man… but do you have any proof he actually has no clue about rockets? Easy to make the claim, but I’d love to see it backed up.
Do you have proof he knows anything besides testimonies from people that work for him?
They made the claim, they should back it up.
Again, I strongly dislike Musk, but I’ve only read testimonies that he knows his rockets. Give me counterproof, please! Any fuel for the musk fanboy tears is worth it. But I want it to be true, not just bashing for the sake of bashing
You aren’t going to get any because there isn’t.
There are so many things to hate about musk if that’s your jam, but over the years I’m always surprised by how many people hate him for fake / made up reasons.
I think it stems from people wanting to hate him earlier on, well before he gave the world dozens of new reasons to hate him so they made shit up to make themselves feel better. Believe it or not there was also a concerted push to discredit him and Tesla early on to kill Tesla, so they helped manufacturer the hate.
But then he goes off the deep end and gives the world so many reasons to hate him without any of that, but the haters who want to hate for hates sake stick to the oldies.
Edit: so I applaud you challenging the BS stuff. Hate him for the real stuff!
Musk is a barely part time CEO of an automaker that had a 10 year head start and is about to get passed by just about every other major maker. He’s producing cars rife with QA problems, and ships about equal parts vaporware to actual cars. There is also a ticking clock on a significant part of Tesla’s business which is selling carbon offset credits (side note: what’s the fucking point then?) and other subsidies that seem to have no plan to solve. He spends his actual time shitposting now with extra anti-semitism (and I guess we’re glossing by the anti-LGBTQ shit he’s posted several times.)
SpaceX is healthier, but also has massive weakness in that they largely that way because of massive subsidy and lack of regulation on shooting satellites into space.
Literally just about any other employee, not CEO would be fired 20 times over. That Elon remains the head of any company should send investors screaming for the hills because there is basically no clearer sign that the companies have no actual board and thus no actual oversight. Elon shouldn’t be in charge of picking between McDonalds or Wendy’s, much less an actual company.
It’s not like he’s a good CEO. They should just remove him.
what the fuck are you smoking, it only gets worse from here with this tool… this was the reason he bought that piece of shit platform to begin with… again, what the fuck are you smoking that you think he can be reined in…
You don’t think a legitimate threat for his removal from Tesla would have any impact?
If it doesn’t, then he’ll be out and he can tweet whatever he wants.
it’s funny watching people like you try to imagine that you think like him
This doesn’t even make sense, did you mess up some words?
I think he should be disciplined, and then removed if he doesn’t correct.
I’m pretty sure musk doesn’t think he should be disciplined or removed, so I’m not sure how I’m thinking like him.