• theangryseal@lemmy.world
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    20 hours ago

    And what’s funny is that if he does step down, the value will immediately plummet on the market. That investor doesn’t seem to realize that Tesla is an immensely overvalued company and Musk and his promises are why.

    He’s been saying “full self driving next year” for over a decade now. For whatever reason, people trusted him for the longest time.

    • wewbull@feddit.uk
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      12 hours ago

      Also, people are boycotting because he owns a lot of stock, not because he’s CEO. They want to hit him in the pocket. What this investor really wants is for Musk to digest his position, but there’s no way he’ll do that.