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Business, Economics, and Taxes: Capitalism. Yay? >=(

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ScoobyDoo said:
If he stayed on the battery thing he would have my admiration. I admired Tesla as a company when it was about advancing civilization. Now it's all about his ego and his social media platform.
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Tesla still is, he is not Tesla. Problem is without his money Tesla dies a slow agonizing death.

I am pretty sure Tesla shareholders are suing him right now over the lies he told about going private. I assume they will sue him again over the Twitter debacle.
 
Handyman said:
He did something like that for the web page too, though once you select the "following" tab instead of "for you" it sticks as your default. Amazingly "For You" has an algorithm that selects mostly the Right Wing twats that people I am friends with or follow also follow. No joke the first 20 tweets were from Kari Lake, Ben Shapiro Tim young and other nimrods.
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What I find funny about this is the right wing whine about Facebook doing the same, and how we need to ban the practice. But then St. Elmo comes in and does it and no complaints.
 
Handyman said:
Tesla still is, he is not Tesla. Problem is without his money Tesla dies a slow agonizing death.

I am pretty sure Tesla shareholders are suing him right now over the lies he told about going private. I assume they will sue him again over the Twitter debacle.
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I've been working in corporate America for my entire adult life and invariably the corporation reflects it's ownership. They can sue him all they want but what they really need to do is buy him out so all he is is another Mark Zuckerberg.

Even after selling Tesla (TSLA) stock eight times this year including his most recent sale of 22 million shares, Musk still owns 423.6 million shares, says S&P Global Market Intelligence. That gives him a 13.4% ownership position in the electric-vehicle company started in 2003 that he co-founded. That keeps him the largest single owner of the stock.

That also means Musk is still in more financial control of his company than many other tycoons are of theirs. Amazon.com (AMZN) founder Jeff Bezos owns just 9.7% of the company and Mark Zuckerberg still holds 13.3% of Meta Platforms (META), a costly position this year.
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https://www.investors.com/etfs-and-...owns-tesla-now-that-elon-musk-is-selling-out/
 
Swansong said:
Oh I got you, and totally agree with this.

License the battery tech or be the battery designer/manufacturer for auto makers (and... everyone else!). If he's so into his software, then focus on the software and license that to the auto makers as well. Sure, GM makes more money than the company that makes brake parts and moving to this would basically make you a supplier instead of an auto maker, but you'd be a supplier to every damn industry. Work with Boeing and Airbus and Pratt & Whitney and Rolls-Royce and help develop the next generation of airplane propulsion. Work with National Grid to leverage your batteries for national/local/regional/individual storage. The sky is quite literally as high as your imagination can take it and Tesla is a true force in this space.


But apparently, being an edgelord and running Twitter into the ground is more up his alley.
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Exactly! There is no end of life for Tesla if they shift business models. Like Netflix who went from DVDs to streaming and were at the forefront of what became the new model for films.

You don't have to be IBM...Microsoft had 3 of the richest owners of all time because they made their operating system the easiest to get and in use on a variety of computers. Battery tech is needed in everything. Sooner or later, when Musk decides to get out, someone who actually understands business will look at Tesla's proprietary assets and buy them up for that express purpose.
 
ScoobyDoo said:
I've been working in corporate America for my entire adult life and invariably the corporation reflects it's ownership. They can sue him all they want but what they really need to do is buy him out so all he is is another Mark Zuckerberg.



https://www.investors.com/etfs-and-...owns-tesla-now-that-elon-musk-is-selling-out/
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That is easier said than done. They will need a Sugar Daddy to help them out and I doubt many people with money want to burn it on a stock that is still likely to tumble. Honestly they probably won't be able to pull a move like that until Twitter really craters it. To buy him out he has to want to sell...
 
Handyman said:
That is easier said than done. They will need a Sugar Daddy to help them out and I doubt many people with money want to burn it on a stock that is still likely to tumble. Honestly they probably won't be able to pull a move like that until Twitter really craters it. To buy him out he has to want to sell...
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Then they will always be identified with Elon Musk which is devastating to their bottom line and their ability to do business.
 
Handyman said:
You don't have to be IBM...Microsoft had 3 of the richest owners of all time because they made their operating system the easiest to get and in use on a variety of computers.
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They also sat atop IBM to ride to their riches. If Gates and Co. hadn't whored themselves out to every IBM clone maker AND innovated the GUI as fast as they did AND had IBM not stepped on their own dicks to now allow their own innovation so much during the PC boom in the 80s and 90s, we might be using OS/23 and not Windows 10.
 
aparch said:
They also sat atop IBM to ride to their riches. If Gates and Co. hadn't whored themselves out to every IBM clone maker AND innovated the GUI as fast as they did AND had IBM not stepped on their own dicks to now allow their own innovation so much during the PC boom in the 80s and 90s, we might be using OS/23 and not Windows 10.
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IBM thought hardware was what mattered not software. The second they agreed to allow Microsoft to license out their OS to anyone they wanted they lost. They had no clue what was going on just like Xerox who handed Apple their graphic interface (which was the Apple OS for YEARS) they saw no future in computers. Gates beat everyone because he knew the only thing that mattered was availability. Steve Jobs nearly broke Apple because he was a paranoid narcissistic megalomaniac who cared more about exclusivity and his own vanity. Sound like anyone we know...

If Musk was as smart as Gates Tesla would own the battery market...instead he is more like Jobs which means Tesla will suffer a slow agonizing death. Difference is he won't have his rivals to bail him out like Gates did for Apple.
 
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