The only thing keeping TSLA’s stock price so high is the perception that it’s a tech company. They’d have to replace Elon with another tech CEO that can spew bullshit about tech advances being right around the corner. That probably will not save it as a car company.
I’d rather see the company fail before Elon and other majority share holders can cash out.
Hopefully this will cause the board to finally act and get Elon to step down as CEO.
The only thing keeping TSLA’s stock price so high is the perception that it’s a tech company. They’d have to replace Elon with another tech CEO that can spew bullshit about tech advances being right around the corner. That probably will not save it as a car company.
I’d rather see the company fail before Elon and other majority share holders can cash out.
Democracy and the power of people don’t seem to do much to oligarchs
But money and wealth and the ability to win or lose great fortune is the only thing that brings them down.