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re: Top Tesla Investor Wants Elon To Step Down as CEO of Company due to stock plummet

Posted on 3/19/25 at 4:32 pm to
Posted by deeprig9
Unincorporated Ozora
Member since Sep 2012
73119 posts
Posted on 3/19/25 at 4:32 pm to
SIAP


Elon is the largest shareholder of Tesla and is a director of the board. That doesn't mean he can't offload the job of CEO to someone else who can devote 50-60 hours a week directly to being CEO of Tesla, and still maintain control of the company. When the stock is tanking (not necessarily because of Elon), and he's clearly spreading himself pretty thin, I don't blame any large shareholders for requesting this. In fact, giving the Left a fake-win would probably make several billion dollars for Elon, who would still be on the board and the largest shareholder.


ETA for more facts-

TSLA stock is still higher than it was a year ago today.

The decline of the stock since its peak started before the commies started burning Teslas.
This post was edited on 3/19/25 at 4:36 pm
Posted by CharlesLSU
Member since Jan 2007
33247 posts
Posted on 3/20/25 at 6:28 am to
And, yet, there’s still the circumstances Tesla is in. Stay on point.

The accomplishments of Elon? Huh?

Bro……you aren’t very astute are you?
Posted by Proximo
Member since Aug 2011
22009 posts
Posted on 3/20/25 at 7:06 am to
quote:

Investors aren’t usually in a stock to lose money,


And they’ve made a shitload
Posted by Proximo
Member since Aug 2011
22009 posts
Posted on 3/20/25 at 7:08 am to
quote:

Stock prices are not falling because Musk is trying to make government efficient. They are falling because he is working with Trump. Deep down inside, you understand this, and your post is ... somewhat ... disingenuous.

Somewhat disingenuous of you to not acknowledge Trump and Elon sent Tesla +100% after the election in a month, is it not?
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