• pivot_root@lemmy.world
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    2 days ago

    Not good enough. His personal wealth is still backed by his ownership in Tesla stocks, and he’ll keep profiting and using them to bankroll his fascist fuckery and geopolitical interference.

    Force him to sell his shares and divest.

    • henfredemars@infosec.pub
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      2 days ago

      Exactly. I don’t care who the CEO is while he continues to own a large chunk of the company. Buying Tesla is supporting one of the most public Nazis of our time. Tesla is, effectively, a Nazi car company.

      As long as he still owns the significant number of shares of that company, I’m not buying a Tesla. Let shareholders know that a Nazi leader is a financial death sentence to the maximum extent possible.

      • Madison420@lemmy.world
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        23 hours ago

        I dunno, iirc theres strange rich guy shit involved that essentially has his wealth leveraged on a weird form of iirc loan that involves huge portions of his stock in Tesla. So like if they call his loan and want payment he’s out a lot of stock, maybe he’ll lose control in a sneaky buyout.

    • 0x01@lemmy.ml
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      2 days ago

      You mean let him divest his interest and responsibility for a profit? That would be nothing but beneficial for him.

      • pivot_root@lemmy.world
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        2 days ago

        It’s better than letting him milk it from the shadows.

        With the way he’s set up his own companies to benefit from DOGE “inefficiency” fixes and government contracts, Tesla has a safety net and path to perceived growth. And unfortunately, the public has a short memory. If he leaves and decides to stop interfering with global politics for a while and people move on to boycotting something else, Tesla’s already-overvalued hype stock will have a chance to recover even more.

        It’s also against his interests to sell his Tesla stock since he used it to help secure those massive loans when buying Twitter. If he’s forced to divest, he would actually have to eat that massive multi-billion loss in a tangible way.

        Anyhow, I brought up the idea more so as a reminder that we must not stop with the boycotts until he does finally sell. While he still gains personal wealth from the company, it’s not enough for him to just step down as CEO.