this post was submitted on 22 Feb 2025
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United States | News & Politics
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Wonder how the shareholders of Tesla react to this kind of news. Surely surely this should cause them to lose confidence in their CEO. If nothing else does, surely this has to be the kind of thing that does it. He's publicly working against them now. How does that not cause people to lose faith in the stock and thus the CEO?
I don't know if you've been keeping track, but TSLA's stock has been plummeting.
Yeah, look at the drop over the past month. It's not like he did the salute 2 years ago, geez.
Which is why I don't understand how they aren't rioting to have him removed. He is hemorraging money for them.
Oh. Well, yeah, there are probably class action lawsuits brewing, but the fastest course of action is probably just to dump shares for now...
They tried to vote against a ridiculous part package for him, and the shareholders voted against that. A lot of the shareholders are Elon fanboys.
Because he is in a position to have them disappeared for complaining about it
They think he'll have some play now, especially with government contracts. And they may be right.