AMIRZA786

I didn't think you were, and I wouldn't take it personally if you did, but others might

AMIRZA786

In that case it's fine, if Bit can dish it out, why not 🤣🤣

AMIRZA786

In other news, it's been confirmed that there will not be a Model Y refresh coming out this year. From Elon Musk:

"In response to a question on his social X site regarding rumors that an updated Model Y would be ready in July, Elon Musk wrote, "No Model Y 'refresh' is coming out this year.

Musk added, "I should note that Tesla continuously improves its cars, so even a car that is 6 months newer will be a little better."

https://www.investors.com/news/elon-...fresh-in-2024/

bitkahuna

iTrader: (20)

so of all my rebuttal points, you only respond to this, but i don't recall anyone writing here that only musk could have done it but if they did, it's hypothetical and pointless to state and debate.

if you can't debate the points, attack the debater, huh? nice.

grand hyperbole indeed... i am not a sycophant for elon musk. he's made many blunders and should stay out of political comments. but anyone who doesn't think he's an incredibly productive genius between building an EV empire and the world's greatest space rocket company, and more to come, just has jealousy/hatred for the guy based on his other views/actions.

no kidding, lol.

not sure how 'irony' applies here, and your "And they're correct" self congratulation says it all.

at least i can laugh at it. according to our 'correct' eloquent poster i'm intellectually dishonest and the biggest elon musk sycophant ever. LOL

we're entitled to our opinions but shouldn't attack one another.

DaveGS4

iTrader: (2)

Thread seems headed back on track but just in case, let’s drop the personal commentary.

SEVENTH time I have asked in this thread. Next time I’ll go back to review whose posts required that ask more than once and boot from thread.

SW17LS

This is a strawman argument also. You bring it back to the amount of the pay package and thats not the issue, the issue is that it was negotiated by and marketed to the shareholders by a BOD that was controlled illegally by Musk. The amount of the package isn't my issue at all outside of the fact that at this point fiscally Tesla can't afford it, they could have afforded it a couple years ago.

They create a lot of wealth for people

AMIRZA786

Well I for one have decided I'm going to sit out any Elon related posts. Too contentious, and too many emotions, I want to keep my BP down. Although I'll quote him if it's not too controversial

Margate330

But isn't that what all the fuss was about?

The "how much"?
If the compensation was only $ 1 million, would all this be happening?

Margate330

I meditate in between posts because I don't think anyone likes what I have to say. Haha

#doing_my_best

SW17LS

It wouldn't have gotten the attention it got because it would be a comparatively meaningless amount, but it would have been just as illegal.

asj2024

Since everyone is into that pay package, looks like analyst say it likely won't pass:

https://markets.businessinsider.com/...ce-tsla-2024-6

And just like people here were saying, that robotaxi dream is years away from actually making real money

https://finance.yahoo.com/news/tesla...155345596.html

SW17LS

Does he mean less engaged than actively rerouting stock from Tesla to his company he owns?

bitkahuna

iTrader: (20)

even if it passes, i believe the delaware court can ignore it.

if it doesn't pass, i expect musk to quit. i believe that will negatively affect the stock. however if it passes, that might also negatively affect the stock as it might trigger some to sell the stock anyway.

if the vote is hugely in favor, the court might have to consider it.

i also read that tesla is pursuing re-incorporating in delaware, and i don't know what that might mean as far as the ruling or changes then.

what i don't get (haven't looked into) though is i believe the 2018 bonus was in stock options (1% of outstanding stock a year i believe), so was that already granted and they're now being clawed back? what if he aleady exercised/flipped some of them?

bitkahuna

iTrader: (20)

ruh roh...

Tesla must face California's false-marketing claims concerning Autopilot

June 10 (Reuters) - A California administrative judge rejected Tesla's (TSLA.O), opens new tab bid to dismiss claims by a top state regulator accusing the automaker led by billionaire Elon Musk of overstating its vehicles' self-driving capabilities.
In a decision on Monday, Judge Juliet *** of the state Office of Administrative Hearings (OAH) said the accusations by California's Department of Motor Vehicles would if true support an enforcement action against Tesla.

The DMV had in July 2022 accused Tesla of misleading consumers about vehicles with Autopilot and Full Self-Driving technology, saying they "could not at the time of those advertisements, and cannot now, operate as autonomous vehicles."
It sought remedies that could include suspending Tesla's license to sell vehicles in California, and requiring Tesla to make restitution to vehicle owners.
Neither Tesla nor its lawyers immediately responded to requests for comment. The DMV declined to comment on the judge's decision, but said its claims will be formally reviewed before the OAH on Sept. 9.


On May 15, a San Francisco federal judge rejected Tesla's bid to dismiss a proposed nationwide class action claiming it misled consumers into believing their vehicles would soon have self-driving capabilities.
Tesla, based in Austin, Texas, has also for many years faced federal probes into whether its self-driving technology might have contributed to fatal crashes.
Federal prosecutors are separately examining whether Tesla committed fraud by misleading investors about self-driving, according to three people familiar with the matter.

Tesla has said Autopilot lets vehicles steer, accelerate and brake in their lanes, and Full Self-Driving lets vehicles obey traffic signals and change lanes.
But it has admitted that neither excuses drivers from paying attention to the road, and the technologies "do not make the vehicle autonomous."
In her five-page decision, *** said it was premature to dismiss the DMV case before a formal hearing. Tesla had said a hearing was unnecessary because *** already had enough documents from which to rule.

California is Tesla's largest U.S. market and accounts for about 10% of global deliveries, but year-over-year sales have fallen for two straight quarters.
Tesla's electric-vehicle market share in the state fell to 55.4% in the first quarter from 61.8% a year ago.

https://www.reuters.com/legal/tesla-...ot-2024-06-10/

SW17LS

This is part of my point. Imagine what Tesla could do if they weren’t trying to do all of this BS to pay Musk $50B? I want them to be focused on running Tesla, not spending all day every day trying to pay Musk. If he cares so little about Tesla he would walk away then let him walk away and make room for the next generation of innovators and let the BOD focus on things that matter to the company.

Note he has NOT threatened to walk away. He has threatened to withhold his “genius”. If he does that, why keep him around?

There are other innovators and leaders.