• @slurpinderpin
    link
    English
    3341 month ago

    What a complete joke that company is

    • @Illegalmexicant
      link
      English
      1851 month ago

      I’m glad to hear he won’t “lose interest” in working now. I can’t wait to see his next big plan after the industry dominating cyber truck.

      • @AbidanYre
        link
        English
        124
        edit-2
        1 month ago

        Spoiler alert: it mostly involves shit-posting on Twitter and sexually harassing his employees.

      • Karyoplasma
        link
        fedilink
        English
        571 month ago

        Idk, 56 billion buckaroos would instantly make me “lose interest” in working. Permanently.

        • @chakan2
          link
          English
          221 month ago

          It should eliminate your need to work, but Musk feeds on the attention and less so the money. There’s not a thrill left he can’t afford.

          Running around and acting important is all he has left.

          • @Wrench
            link
            English
            161 month ago

            Don’t undervalue yourself

        • @xantoxis
          link
          English
          91 month ago

          Approximately 4-6 million to live on the interest for the rest of my life. That’s all it would take and I’m out forever.

      • Semi-Hemi-Lemmygod
        link
        English
        51 month ago

        I should ask my boss for $56 billion so I don’t lose interest in working

        • @joekar1990
          link
          English
          31 month ago

          I could totally see Tesla reincorporation in Texas and then the board putting another pay package up for a vote out of spite.

      • @Delusional
        link
        English
        21 month ago

        He’ll start a recycling company to recycle the shitty cyber trucks when they break down or when people get rid of them because they’re shit.

      • @scarabic
        link
        English
        11 month ago

        I think if you read between the line, Tesla people aren’t just worried that he will stop working as hard for them, but also worried that he will flip and become an active detractor of theirs. Look at what he’s done with OpenAI. You can say he owns too many shares of Tesla but he could do quite a bit of damage to their stock price merely by selling them.

    • @givesomefucks
      link
      English
      531 month ago

      To be clear this isn’t official results, this is what musk is projecting.

      But the only think the big holders care about is their return rates. And they know Tesla is waaaaaaay overvalued. It’s all based on hype.

      So would Tesla be a better company free of musk?

      Undoubtedly.

      But they don’t care about that. Musk hype drove the stock price up, no real company would be so overvalued. Without continued hype, the price goes down, which might cause a run on the stock and might end the company.

      musk is Tesla. And it’s why the company will be nothing but hype. Doesn’t matter if the company loses money as long as stock price keeps going up.

      Making quality vehicles isnt their business model, it’s keeping the stock price up.

      • @Clent
        link
        English
        81 month ago

        Yeah at this point it’s a question of when the hype ends and it all comes tumbling down. There’s nothing but investor sentiment holding the price where it’s at.

        Year over year revenue is down 50%, consistently for several quarters. Three missed quarterly estimates in a row.

        The smart money is moving to catch the Nvidia bubble.

        • GreatAlbatross
          link
          fedilink
          English
          5
          edit-2
          1 month ago

          Exactly that.
          With the current ceo, it’s been hyped beyond value.
          One day, the value will return to the actual value.
          If the ceo is changed, it will happen pretty rapidly, then the company can grow from there.
          If the ceo is not changed, the hype will continue until either a breaking point, or the ceo changing.
          So the shareholders have voted for the thing that preserves the status quo a little longer. Road-runner as it is.
          And the ceo seems to have managed to extract a large chunk of the current hype money, in exchange for not changing the status quo.

    • Ragdoll X
      link
      English
      16
      edit-2
      1 month ago

      No but you see he is a visionary! A real life Tony Stark!! He’ll do great things with that money like… Making Twitter X likes private for some reason…? I’m sure that cost a lot of money somehow /s

    • @scarabic
      link
      English
      31 month ago

      It has been cringe in the extreme to watch them debate whether they are giving their babyman chieftain enough billions to appease him.

    • @IsThisAnAI
      link
      English
      -321 month ago

      Yeah that 500b company printing money and disrupting the entire transportation industry. What 👏 a 👏 joke 👏 lol.

      • @slurpinderpin
        link
        English
        201 month ago

        They just gave a compensation package to their CEO that’s worth more than all the profit they’ve ever made. It’s absolutely a joke

        • @WildPalmTree
          link
          English
          31 month ago

          If true, I wish I could give you more than my sad one up-vote.

          • @slurpinderpin
            link
            English
            2
            edit-2
            1 month ago

            Yeah they have like $30B all time profit, about half of which was last year though

      • @Cosmicomical
        link
        English
        2
        edit-2
        1 month ago

        Apparently it’s now 444B, lol

  • @Buffalox
    link
    English
    156
    edit-2
    1 month ago

    according to a social media post by Musk himself

    Very few in the comments seems to have noticed this pretty crucial part.
    Let’s wait and see the actual result.

    Edit:

    Ah well, they actually went ahead and did it. Good for Musk I guess, I doubt it’s good for anybody else.

  • @dogslayeggs
    link
    English
    1361 month ago

    I’d love to hear from anyone at all who can give me a reason why the shareholders would vote for this. The stock value has been going down for both the 1 year and 3 year time frames, so he’s not doing great things today. The company only made a profit of $18B last year, so this is like wiping out 3 years of profitability in one step. This package is over half of the company’s total revenue!! In what world do investors think it’s a good idea to say one guy deserves almost as much as the entire company brings in for a year?

    • @barsquid
      link
      English
      501 month ago

      Nepo babies understand each other’s need to suck money from people who produce the value.

    • circuscritic
      link
      fedilink
      English
      39
      edit-2
      1 month ago

      I’ll wait for the financial analysts that I both trust, and I know hate Musk, before I have any confidence in answering that question.

      But… my best uninformed guess is that it’s less fanboy worship, and more fear that Musk is the only thing propping up the insane stock valuation.

      I’m assuming that Musk has a complex web of possibly illegal and highly engineered financial instruments that keep that stock pumping, or at least, not crashing - yet.

      Maybe those who voted to approve might be aware, or involved, in that house of cards and believe removing Musk would be akin to blowing on it.

      But I’m just pulling all of this out of my ass, so who knows…

      It might be as simple as the majority of Tesla shareholders who voted to approve, including the institutional ones, are really just submental morons.

      • @dogslayeggs
        link
        English
        71 month ago

        This is probably the right answer.

    • @Thunderbird4
      link
      English
      221 month ago

      As the holder of roughly $45 worth of Tesla stock, I voted against his pay package and every other shady, bullshit proposal on the ballot. My vote counted for almost nothing and I’d probably be considered an “activist shareholder” anyway, but it was worth the money I’ve lost to get to click that button anyway.

    • @brucethemoose
      link
      English
      6
      edit-2
      1 month ago

      Because it makes the line go up?

      Sustainability doesn’t matter. Musk’s hype holds the market value up (in the short term), and kicking him out could tank it from the controversy alone. That’s all that matters.

      I like to think many investors are buy and hold, long term institutional, Warren acolytes or whatever, but in reality the outlook is just so short for so many people now. What matters is the next day and the next quarter, and they can just bail out after that.

  • @macrocephalic
    link
    English
    1321 month ago

    Imagine if they had instead hired 500,000 people on $100,000 each. They could have bought the entire city of Detroit and had it making Teslas, instead they’ve got one coked up narcissist.

    • @Aux
      link
      English
      -431 month ago

      Musk is not getting billions worth salary. You can’t hire 500,000 people using his package. Unless you believe that these workers should be eating shares instead of food.

      • @asdfasdfasdf
        link
        English
        261 month ago

        Once the shares vest then he can get the money. The point still stands, just not immediately.

        • @Aux
          link
          English
          -141 month ago

          The point doesn’t stand, because you can’t get 500,000 people.

            • @[email protected]
              link
              fedilink
              English
              -51 month ago

              There is currently a huge labor shortage in the united states, particularly for engineers and skilled craft and trades people. There’s no fucking way they would be able to hire 10,000, let alone 500,000 people. Hell, my company has had two engineering positions open for 2 years and we have had zero applicants. Zero!

              Everybody just wants to be retired or be a social media influencer these days, with that amazing side hustle as a door dasher.

              • @[email protected]
                link
                fedilink
                English
                21 month ago

                It is a hard labor market, but we’ve been able to hire engineering positions. If you’re not getting applicants, get a better recruiter.

                The real issue is our backwards immigration system. We should be expanding immigration when labor is short, not talking about restrictions. If they wanted, they could lobby for better immigration with that $56B instead of giving it to someone who already has hundreds of billions.

                Also, many Teslas aren’t built in the US anyway, so there’s not much stopping them from looking elsewhere for labor.

            • @Aux
              link
              English
              -61 month ago

              Ok, imagine the following scenario. Tesla decides not to pay Musk and hire all these people instead. Would you join the workforce? They will give you share options with a three year vesting period and zero salary. Go on, join them on these conditions!

      • @tankplanker
        link
        English
        181 month ago

        You can offer shares to employees to supplement salary, its very common. It could be used to attract or retain staff by offering less salary but a larger overall package than their rivals and tie in the employees for a period of time till the shares vest.

      • @[email protected]
        link
        fedilink
        English
        111 month ago

        I’ve read that all they’re doing is diluting the current shares, so in essence the current shareholders are screwing themselves over by devaluing their own shares.

        Pretty dumb

      • @[email protected]
        link
        fedilink
        English
        10
        edit-2
        1 month ago

        It’s still incredibly stupid to dilute your own votes and give him more votes…

        They could also sell shares to raise money to hire more people…

      • @MataVatnik
        link
        English
        101 month ago

        Even if the shares drop by 90% of their value after distribution and liquidation, that’s still 50,000 people you could pay 100,000.

  • @ulkesh
    link
    English
    1221 month ago

    Insane. No one person should have, or deserve, 56 billion dollars. And especially this piece of shit.

    • @answersplease77
      link
      English
      151 month ago

      is it his yearly bonus? I can’t seem to understand it because of so he is leeching and crippling the shit out of tesla

      • @ulkesh
        link
        English
        81 month ago

        I don’t think so. I think it’s a one-time compensation package at present, but I could be wrong.

        I don’t understand it because that money could go to the actual people doing the actual work — and I’m quite sure they deserve it and could use it far more than Musk.

    • @[email protected]
      link
      fedilink
      English
      -711 month ago

      You’re acting like this was his standard salary. It wasn’t. His contact, approved by shareholders at the time, basically offered him a King’s ransom for an impossible miracle, defined with metrics like sales and stock price. Elon delivered the miracle. Love him or hate him, the conditions were met.

      • @ulkesh
        link
        English
        841 month ago

        I never once said it was his standard salary nor did I allude to such.

        Elon did nothing. The workers at Tesla did everything. Such a sad state of the world when people like him are so revered for one thing — having money. And it’s even sadder that people equate that to having intelligence or actually producing anything. The reason the shareholders approved this is because they see him as a way for themselves to make more money. It’s pure greed all around.

        So I reiterate just in case it was confusing the first time around — Insane. No one person should have, or deserve, 56 billion dollars. And especially this piece of shit.

        • @P1nkman
          link
          English
          261 month ago

          This is exactly what capitalism is: someone who’s idle makes more money than the actual workers. Fuck capitalism!!!

        • @[email protected]
          link
          fedilink
          English
          -131 month ago

          If you really think he did nothing at all, then you have absolutely no understanding of how business works or how Tesla works. It’s like saying the ship doesn’t need a captain because the captain doesn’t personally operate or clean a part of the ship.

          You are right that it is greed. But that is the very point. That is how our economy works. That is how our government works too. The whole point of checks and balances in the US Constitution is that people are expected to be greedy. Rather than rely on a king to be altruistic, it is expected that people at every level will be greedy so their greed is balanced against the greed of others. Same thing is true with our economy, the whole point of capitalist economy is it harnesses the greed of everybody to move things forward. Investors provide capital because they are greedy and want a return on their investment. Their greed is harnessed and put to work, This benefits all by providing a rich market of investment capital for businesses to use. And because they are greedy, because those investors have partial ownership of the company, they affect its direction.

          It’s not always perfect. Lately far too many business decisions are made based solely on next quarter results at the cost of long-term success, and that is driven by short-term investors. Boeing is a perfect example of that.

          But to write the whole system off and say it’s all greed and it all sucks and it’s all stupid reflects a fundamental lack of understanding how the economy works.

          If you want an economy without greed, the best you’re probably going to find is communism. That’s been tried, it doesn’t usually work so well because without a greed incentive pushing things forward, there isn’t incentive to innovate or to work at maximum efficiency.

          And as for Elon’s windfall, I think it’s fair to say nobody needs $56 billion. I definitely support a much higher tax rate for the extreme upper income brackets. If you are making more than 50 or 100 million a year income above that should be taxed at a pretty high rate. I am extremely against the extreme income inequality that has happened in this country. When the CEO is making hundreds of millions and the guy mopping the floor relies on government assistance to afford food, something is seriously fucked up. But I think the solution to that is to bring up the lower guy, raise the minimum wage by a fairly significant amount. I think in most places minimum wage should be ¢15 or $20 an hour. And I also favor a prohibition that if any of the companies employees rely on government assistance the company loses all tax breaks and government benefits.

          • @ulkesh
            link
            English
            111 month ago

            No I understand economy just fine. I understand that I’m spending double (or more) on groceries than what I spent a mere five years ago which vastly exceeds inflation. I understand that businesses don’t actually need a captain as you describe, but that is a concept difficult for most to realize. And I also understand that there exists multiple businesses that have such captains that actually do hard work and do provide more than just dividends and interest to a shareholder.

            Musk is a parasite on the world.

            And it’s okay if you don’t like what I say. :)

            • @[email protected]
              link
              fedilink
              English
              0
              edit-2
              1 month ago

              Please don’t take what I said as a suggestion that what we have right now is great. Like anything, capitalism requires checks and balances. In my opinion the heyday of modern capitalism was the mid to late 1900s, because industry was operating at full efficiency but regulation also insured that the average person was able to benefit from that. All three factors of production, land labor and capital, all had a seat at the table.

              We have moved a good distance away from that. Capital dominates the conversation, land has made some advances in the form of environmental protection, but labor still takes a distant back seat. And so you get ridiculous situations like a company gets hundreds of millions in tax breaks and subsidies while the CEO gets paid hundreds of millions and the guy who mops the floor is on food stamps. I don’t see this as good capitalism. Labor needs a bigger seat at the table. If a business cannot afford to survive without paying ALL their workers a living wage that allows upward mobility, that business does not deserve to survive. As I see it, that is part of the very base of capitalism.

              That said, your suggestion that businesses don’t need a leader is a ridiculous socialist/communist fantasy that doesn’t actually work in reality. Take an established business like McDonald’s. From where you sit it probably looks like it doesn’t need a leader, it just keeps going on its own. But who decides how much the burgers cost? Who decides when to introduce new menu items? Who decides what the promotions will be? Who decides what market segments will they focus on? Who decides whether their next new product will be a salad or a triple cheeseburger? And if you’re going to say middle managers can make these decisions, who decides who those middle managers are?

              For what it’s worth, I’m a big fan of employee owned corporations. That doesn’t always work in every segment, but I wish there were a lot more of them. But even an employee own corporation has a CEO, the CEO is just selected by the employees.

              As for Elon, your suggestion that he has done nothing shows that you are uninformed. The reason he is not listed as an original founder of Tesla is because of the handful of people who founded it, one already had a business registered and it was cheaper for everybody to buy into that than pay to have it dissolved and pay again to register a new business. I have actually been following them very closely more or less since they started, so I know this better than most. In the early days Tesla was headed by a guy named Martin Eberhard and Elon was just an investor. Eberhard insisted on a design with a two-speed gearbox. This is extremely difficult in an electric car because of the high amounts of torque and extremely high RPMs involved. They went through a couple different versions of this, trying to get one that would last the life of a car, and burned a year or so trying to make it work. If you dig through the archives, you’ll find several news articles of journalists who got to drive the original Roadster, but it was locked in second gear because the shifting didn’t work. Eventually, Elon realized this wasn’t going to work so him and the other investors pushed Eberhard out. There was no love lost, Eberhard fought back, eventually they came to a settlement and Elon became CEO. Please understand I’m not saying this because I like Elon, I’m saying it because I was literally reading the blogs of both sides as it happened. The two-speed gearbox went right in the trash, they went to the one speed reduction gear Tesla uses today, and upsized the motor to give better acceleration. Elon was right about that decision, and he was the one who made that decision, all EVs today use that design.

              As for SpaceX, Elon basically started that from the ground up. As I recall the guy who designed the Merlin engine was his first hire. I personally know people who worked for SpaceX and worked directly with Elon. Everyone I’ve talked to says the same thing- Elon is kind of an asshole to his employees, he has absolutely no sense of work-life balance and he wants employees who are 120% committed to the cause and will work late nights and weekends without complaint, he is opinionated and stubborn but in the end he’s right more often than not, but however hard he pushes his people, he pushes himself even harder. Most people don’t last very long in that environment, they put in a handful of years and when their stock options vest they quit, or if they don’t have equity they work until they have a family and can’t put in 60 hour weeks anymore then they quit.

              So you want to say Elon is an asshole, you want to say he treats his employees badly, you want to say he doesn’t create a positive environment at his company’s, I will probably agree with all of these things. But you say he doesn’t do anything of value, that is just uninformed.

              • @ulkesh
                link
                English
                11 month ago

                You seem quite passionate about this and I’ve moved on. But yes, Musk is a parasite on this world because he takes and literally does nothing to give back.

                Again, it’s cool you think I’m misinformed. I’m not, but no worries. Have a good one!

                • @[email protected]
                  link
                  fedilink
                  English
                  01 month ago

                  There is no one so ignorant, as someone who is quite sure they know all they need to.

                  I would encourage you to study the writings of your enemies as well as your friends. I have found it most useful.

                  Have a good one!

      • @FreakinSteve
        link
        English
        81 month ago

        Every bit of that is completely insane whether accurate or not. Musk is 100% fraud and gas no accomplished anything. All he did was put up money and name himself founder, and all this dies is further prove that stocks are a complete fucking sham amd have nothing at all to do with company performance.

  • @[email protected]
    link
    fedilink
    English
    801 month ago

    How is this company still so valuable.

    I would buy literally any other electric car than a Tesla.

    • @madcaesar
      link
      English
      91 month ago

      They have a huge head start. And their battery tech is top notch even if the rest of the vehicle is poorly build.

      I’d personally never buy one either, for multiple reasons, but most people don’t care/know about the shitty build quality, the shitty ai and the scummy locking features down remotely when you sell the car.

      • @[email protected]
        link
        fedilink
        English
        101 month ago

        Is the battery tech that good though? Genuinely don’t know.

        Seems other manufacturers have a huge head start in every other area of manufacturing cars and even if they still lag behind on battery tech, it won’t be long before they catch up on this one metric, whereas Tesla would have to catch up on every other metric.

        • @[email protected]
          link
          fedilink
          English
          8
          edit-2
          1 month ago

          It was 5 years ago. Other companies are catching up.

          One place they aren’t catching up is non-SUV EVs. There are a few, but if you want an EV that isn’t an SUV with over 250mi range, and cross Tesla off the list, your options become real thin.

          • @A7thStone
            link
            English
            6
            edit-2
            1 month ago

            Options were really thin to begin with. Muricans love their huge ugly boxes. The options are getting much better now. With a quick search I found ten sedans shapeable in the states and crossing off Tesla removed three.

            • @[email protected]
              link
              fedilink
              English
              21 month ago

              But a lot of those sedans have range around 120mi, like the Mini EV or BMW i3. Many of the one’s that remain are luxury brands with luxury prices, like the BMW i7 or Porsche Taycan.

              • @A7thStone
                link
                English
                4
                edit-2
                1 month ago

                I specifically did a search for EVs with over 250 mile range, because that was your qualifier.

                • @[email protected]
                  link
                  fedilink
                  English
                  21 month ago

                  I’m sure there are more than 10 sedan models available in the united states, did you look at Mercedes and bmw? They should have a few models.

              • @A7thStone
                link
                English
                11 month ago

                And you don’t consider tesla a luxury brand with luxury prices?

        • @[email protected]
          link
          fedilink
          English
          71 month ago

          Most battery tech is just lithium ion batteries wired in series, like 80 laptop batteries. They regulate the temps so that the batteries don’t degrade too fast. Battery tech hasn’t changed much in decades, so you will see the same problems on your phone battery on car batteries. So, no, Tesla battery tech isn’t special.

          I recently heard china is the first to manufacture sodium ion batteries for their consumer EVs. Sodium is supposed to be better, but I forget why.

          • @[email protected]
            link
            fedilink
            English
            31 month ago

            Thanks for providing these details.

            I guess Tesla really has nothing going for them now, other than investors want to get their money back and so the MSM isn’t going to portray the truth.

            • @[email protected]
              link
              fedilink
              English
              -21 month ago

              That’s not true, Tesla has figured out manufacturing and does so profitably. Unlike any other American based car manufacturer, Tesla is making a profit per unit and they do not rely on legacy ice vehicle sales to prop their balance sheets up.

          • @MataVatnik
            link
            English
            31 month ago

            Really dubious on the sodium ion batteries. Last I saw there were still issues with the technology, primarily battery life. Unless there were some breakthroughs thay went under the radar.

          • @[email protected]
            link
            fedilink
            English
            31 month ago

            Sodium batteries are cheaper and less volatile I believe but they’re also much less energy dense meaning you need a heavier pack to get a similar amount of range (which also reduces range from the extra weight). I think they’re better suited for stationary applications like solar banks and other energy storage solutions.

          • @Twista713
            link
            English
            31 month ago

            IIRC, the reason sodium batteries would be better is we have abundant stocks of sodium, whereas the raw materials for most other batteries are limited and require more destructive mining. John Oliver just covered some of this on his show last Sunday. If that tech can be improved, hopefully there won’t be any deep sea mining for more raw materials!

          • @[email protected]
            link
            fedilink
            English
            11 month ago

            EV batteries are actually significantly different than the batteries in your laptop or phone, and are designed to have minimal degradation over many many years of use. The coolant loops also help to moderate the temperature between cells, which eliminates problems of hot spots and the heat stress that a phone battery will experience.

            For instance, my car has over 300 battery cells in it, which results in say a 100 MI Drive will only use each cell draining by about 1/3. The much lower cyclic rate on these cells results in a much longer lifespan, and the battery conditioning using liquid coolant is how they achieve that.

        • @madcaesar
          link
          English
          -41 month ago

          It is. Their cooling / heating system along with the battery is top notch. Others are catching up though.

          And yes in terms of fit and build quality most actual car manufacturers are ahead.

          Of course you also have Ford an ICE manufacturer that’s been building cars for centuries and still manages to produce shit with awful QA and constant recalls.

      • @Poem_for_your_sprog
        link
        English
        71 month ago

        Isn’t it just a standard Panasonic 18650? And aren’t they changing their batteries to a Chinese brand?

        • @[email protected]
          link
          fedilink
          English
          31 month ago

          Looks like only the S and X still use 18650s. The 3 and Y are using larger 2170 cells and apparently they’re also buying from LG not just Panasonic.

          • @[email protected]
            link
            fedilink
            English
            11 month ago

            Some use the larger cells, but not all. They apparently are a bust and don’t offer increased energy density like they had originally claimed.

            The lfp cells come from China, and are now being heavily taxed.

    • @[email protected]
      link
      fedilink
      English
      21 month ago

      There’s a big difference between the market capitalization and book value. Tesla’s stock is probably way overvalued but I can’t say for sure since I don’t own any of their stock and haven’t looked into their financials.

    • @[email protected]
      link
      fedilink
      English
      21 month ago

      They have the premier charging network in the United States.

      Unfortunately, nothing else comes close and probably won’t for a few years… Like 10 years at least. The US is probably a decade behind Europe’s electrification at this point, and about 75 years behind it’s rail electrification.

      • 🇰 🔵 🇱 🇦 🇳 🇦 🇰 ℹ️
        link
        fedilink
        English
        1
        edit-2
        1 month ago

        I’ve never even seen a Tesla Supercharger in the same state they build these things in, other than around the plant in Fremont when I worked there. Plenty of non-Tesla ones, though.

  • NutWrench
    link
    English
    711 month ago

    Tesla “shareholders” clearly don’t have the interests of their company in mind if they’re approving a 56 billion dollar compensation package for their “CEO.”

    • @suction
      link
      English
      471 month ago

      We’re living in a new age of personality cults.

    • @vxx
      link
      English
      191 month ago

      Tesla shareholders are preparing for a big short or something.

  • @[email protected]
    link
    fedilink
    English
    681 month ago

    Wait…when did it go from 46 to 56?

    And also…do the “shareholders” think this will improve the value of the company? Isn’t it more than half of their revenue? Wouldn’t this actually be a really bad thing for Tesla’s value? Isn’t Tesla one of the few EV producers with quickly dropping sales figures? Are the shareholders actually just Mlon Eusk? Enquiring minds want to know!

    • @lurker8008
      link
      English
      521 month ago

      Those idiots decided to throw away their money to a grifter, who are we to judge? Let them drive the company to the ground, plenty of EV producers actually making good cars.

      • @[email protected]
        link
        fedilink
        English
        151 month ago

        I’d be fine with all them diamond handing their way to bankruptcy, if it didn’t help enrich that dickhead musk.

      • @Whirling_Cloudburst
        link
        English
        91 month ago

        They turned on the fully automated self driving feature and now they cannot turn it off.

      • @Serinus
        link
        English
        -81 month ago

        plenty of EV producers actually making good cars.

        Are there? I’m waiting. Maybe the Ionic 6.

          • @Serinus
            link
            English
            11 month ago

            It’s discontinued, lol. They now only make one sedan and it’s ICE.

            • @[email protected]
              link
              fedilink
              English
              11 month ago

              I mean they’re making the Bolt EUV instead, but it’s basically the same car. It’s 2 inches taller and 6 inches longer than the Bolt EV.

              Though I take your point. Discontinuing it was a mistake.