I just don’t feel comfortable building a robot army here, and then being ousted because of some asinine recommendations from ISS and Glass Lewis, who have no f**king clue. I mean those guys are corporate terrorists. Lemme explain the core problem here, so many of the passive funds vote along the lines of what ISS and Glass Lewis recommend. Now, they have made many terrible recommendations in the past that if those recommendations had been followed would have been extremely destructive to the future of the company. Now, If you’ve got passive funds that essentially defer responsibility for the vote to Glass Lewis and ISS, then you can have extremely disastrous consequences for a publicly traded company if too much of the publicly traded company is controlled by index funds. It’s de facto controlled by Glass Lewis and ISS. This is a fundamental problem for corporate governance, because they’re not voting along the lines that are actually good for shareholders. That’s the big issue, I mean, that’s what it comes down to. ISS Glass Lewis corporate terrorism. -Elon Musk, Tesla Q3 shareholder conference call, October 22, 2025
They succeeded in making “billion” the new million. Now, they’re trying to make “trillion” the new billion."
I’ll do it for half that.
I’ll do it for half of your offer. $250 Billion is plenty for me to pull off a robot army.
Man who can’t buld fully self driving cars wants to build a f@*king robot army? I’ll pass. How about give him NO money so he can’t afford to build them in the first place.
I fucking hate this guy got off the hook. He fell out of the media so fast it makes me sick to think how complete the ruling class’s power is.
The show Alien Earth presents a future that seems very much where we are headed. Countries replaced by corporations. One trillion dollars is a good start.
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To be fair, all that money is effectively fake until the shares are sold.
this is the most naive thing I’ve read on lemmy… blessed be your innocent mind my child
Banks lend him real money based on the fake money
I count that in the sold category. Because they just get more loans to pay off the previous ones, or default and the bank just takes the shares and does it again because what the loaned is less than the share value. All the while avoiding income and capital gains taxes.
It’s why boycotts and cancelling subscriptions actually do work when done in large enough numbers. Their money can disappear very quickly if shareholders get spooked.
It’s also why Tesla isn’t being affected as much now despite Elon pulling the mask off and going full Nazi, resulting in massive sales drops. Years and years of short sellers and complicit media trying to tank the brand, largely funded and promoted by things like entrenched oil interests and competing car brands have trained many shareholders to ignore a lot.
So how is that fake? I can’t do any of those things you mention in the first paragraph.
Getting loans based on assets is not at all the same as selling those assets.
So how is that fake? I can’t do any of those things you mention in the first paragraph.
You’re not rich enough where banks know you always have stock available to give them. Where there’s virtually no limit to your stock pool that the bank can just liquidate after the fact. You need to be in the top .1% for that. The fact you’re on lemmy means that’s not a possibility in the slightest.
Getting loans based on assets is not at all the same as selling those assets.
It is for the rich. That’s why so many don’t care about their traditional salary. That’s why so many went out of their way to advertise they were taking a $1 salary during the recession, or even today. Because their salary is subject to income tax, but loans are not. You can get the same end result of cash in hand by receiving your pay in stock, then taking loans against that stock.
It’s not the same though because they still hold the assets. If you sell, you do not hold assets anymore. Seems kind of self explanatory.
I need full power because otherwise people will stop me!!
Yeah what a lame guy.
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Fucking Ted Faro wannabe.
This is a real picture of Elon musk’s dick.
Far too large.
He has enough money to pay an actual army
Apparently we don’t even need to pay the actual army. We can just revoke their paychecks and force them to keep working anyways. Nothing can go wrong with that, right?
Not that he can start pulling out of overinflated Tesla stock before crashing it. He’s worth billions, but nowhere near 500 of 'em.
He has enough idiots following him that will do it for free.
Or even pay to do so.
Fucking egomaniac.
This martian wants to put chips in people’s brain, and he wants a trillion dollars to make some future terminators. He better stfu and go to Mars.
Without a suit.
Elon Musk in charge of a robot army?
I’ve seen this movie sooo many times, and it never ends well.
Another chuck e cheese token recipient in the making
And none of those shareholders vote along lines that are good for society. You’re going to probably kill us all someday with some bullshit business decision or another, directly or otherwise.
Yeah, well according to the Tesla board, he’ll get paid $1 trillion if he makes Tesla the best selling car on the planet earth.
Just do it with your own money, Elon. All you have to do is one thing to get it. C’mon, “I love Telser,” right? Run with that and see what you get.
So he’s basically Justin Hammer at this point.
I don’t like this comparison. Hammer was actually competent.
Did you watch the film? None of his shit worked, and then it was hacked.
