Technology

Maybe it’s time we nationalize our infrastructure. Railroads, telecom, electric grid. The capitalists have jerked us around nonstop

And, tinfoil, but this very much feels like an attempt to steal the election for republicans. Because this is going to impact the infrastructure efforts of the Biden administration AND cause a lot of layoffs among blue collar workers when they can’t send invoices or get paid because everyone they knew got fired.

There was a time when I could have thought that level of calculation of Musk. That time is long since gone. His mouth cost him $44 billion when he was forced to buy twitter because of his edgy comments online. Musk's recent comments about the firings were his version of the criteria of "excellent, necessary, and trustworthy" and did not, apparently include the entire Supercharger team. Any outside observer would say the Supercharger team is absolutely "excellent, necessary, and trustworthy".

This latest action by Musk just reeks like a mania episode with a good dose of paranoia mixed it. I don't think it has anything to do with the election.

I was holding stock specifically to be able to vote Musk out, but this latest move was the last straw. I sold what I had after the announcement yesterday. Its already down $5/share lower than when I sold mine yesterday.

17 million seems like a lot, doesn't it.

Elon wants a 56,000 million pay package.

So you’re saying there’s a chance he’s just gonna disappear one day. DON’T YOU TOY WITH MY EMOTIONS IF YOU DON’T REALLY MEAN IT!!

I thought Bezos was the piss bottle guy.

He’s another Trump. Musk may have money but he has no idea how to spend it.

Just like trumps ventures they all failed because he’s a shmuck with zero business clue.

Inherited mommy and daddy’s money but pisses it all away on shit ideas and terrible execution.

Soon we’ll hear musk is broke because he spent it all on shit he can’t handle.

I said somewhere that I believe Tesla as a csr manufacturer is fucked but they light pivot into being a charging company and battery provider, it seems big brain musket is hellbent on ruining the good parts of his company too

I'm OK with grants for certain things/times/whatever. But it seems like if the owner is worth billions and comes to the gov't for a handout, the gov't should just tax them correctly and say,"No you."

Infrastructure should be public anyways, so instead of giving grants to private for profit companies, it would instead use that money to just fund the infrastructure.

Government grants should come with government share % of the company.

Or at least with heavy requirements and obligations like every government "grant" for normals people.

Feels like they should, I'm not exactly thrilled by the idea of my tax dollars going into Musk's pocket just for the hell of it

Which, even if it went directly into his pocket, doesn't even move the needle for him.

Like another poster said, his goals are more likely politically aligned. He wants EV infrastructure to fail to show libtards are squandering tax money. Self fulfilling prophecy and all that.

Why the tesla board hasn't sent him packing yet is beyond me. There must be some golden parachute clause that would be very expensive, but he's doing massive harm to their brand that it must be worth it to cut him loose at this point.

Edit - I also think this ego maniac is sabotaging his own charging infrastructure simply because the government passed a bill (IIRC) that requires the charging stations be accessible to any EV. Not that it needs to provide the connectors on-site - other EV drivers will need to bring their own adapters. Simply that the payment system allows non-tesla owners to use it.

Seriously... If that's true this may be the dumbest temper tantrum Elon has had yet and there are a lot of competing temper tantrums.

https://www.msn.com/en-us/money/other/first-ev-10-minute-charge/ar-AA1o03Fw

https://www.pcmag.com/news/toyota-touts-solid-state-evs-with-932-mile-range-10-minute-charging-by

I did not know about the leaps in charging they've been making. Thank you.

To give you an idea of who is on the tesla board of directors, it includes Kimbal Musk, his brother, and James Murdoch, of the Murdoch family you’re probably thinking of. Musk himself owns something like 20% of the company, the board owns some, his cult members also have some share. The rest of the shareholders are either institutional or retail investors who are some combination of not willing to rock the boat, don’t have enough voting power, and/or just don’t care.

Trickle down economics should result in more jobs. In this case it didn't. The lesson is that not enough subsidy was given because people were fired instead of hired. Suggest they give Musk more money, that should get the desired result! /s