• boonhet
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    7 days ago

    probably a reasonable investment

    No it’s not, he said he won’t be chasing profit to pay dividends because the goal is to put humanity on Mars… And he’s retaining control. It’s structured in such a way that he can’t be voted out lol

    • LavaPlanet@sh.itjust.works
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      7 days ago

      He just says that stuff because historically he doesn’t turn any company he touches, a profit. That’s just sour grapes.

      • boonhet
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        7 days ago

        Tesla’s profitable these days I believe, even despite his recent antics and the resulting drop in sales.

        It would also have been profitable without him though. The only thing he really helped with was money at the beginning, the rest was stock price manipulation and stupid engineering decisions that are actually a net negative. And of course the company’s image got tied to a nazi’s.

        • LavaPlanet@sh.itjust.works
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          7 days ago

          Yeah, agree. The rule still applies, I feel, because the degree of profit from Tesla lost due to his antics, and general ways, is incredibly immense, cartoonish, even. He might come with money, but he’s a wrecking ball. As soon as theres enough good replacements, Tesla will tank. Directly because of him.