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

  • Grandwolf319@sh.itjust.works
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    3 hours ago

    A good chunk of shareholders deferring to public agencies that recommend based on societal good is imo the only way capitalism could “work”. Of course Elon is against it.

    • mic_check_one_two@lemmy.dbzer0.com
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      2 hours ago

      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?

    • shalafi@lemmy.world
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      3 hours ago

      Not that he can start pulling out of overinflated Tesla stock before crashing it. He’s worth billions, but nowhere near 500 of 'em.

    • BarneyPiccolo@lemmy.today
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      5 hours ago

      Sociopathic Oligarchs have a serious form of OCD/ Hoarding Disorder, that makes them crave even more money, no matter how much they have.

      If they were hoarding cats, or rusty cars, or old refrigerators, or piles of scrap metal, etc., the authorities would intervene, and get them help for their mental illness.

      But if they are hoarding money on a historically mind-blowing scale, they call them a successful businessman, and give them government grants and tax breaks.

      • CandleTiger@programming.dev
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        2 hours ago

        If they were hoarding cats, or rusty cars, or old refrigerators, or piles of scrap metal, etc., the authorities would intervene, and get them help for their mental illness.

        This is a common misconception.

        “The authorities” (USA viewpoint) are really extremely unlikely to intervene in any way at all with hoarding, and even more extremely unlikely to provide any kind of useful mental health intervention.

        If the hoarding is causing a public safety hazard then the authorities may eventually start fining the hoarder until they do whatever is minimally required to clear the hazard.

        Much much more likely, if the hoarder is renting, the landlord may evict them which is one of the many paths to homelessness.

        But by far the most common outcome is that the authorities do nothing whatsoever to stop or help with harmful hoarding behavior.

        In this way, crazy aunt Florence and Elon Musk are similar.

    • Typhoon@lemmy.ca
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      2 hours ago

      They kill citizens who defy their fascist corporate overlords. So nothing to worry about.

  • danc4498@lemmy.world
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    4 hours ago

    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.

  • Cethin@lemmy.zip
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    5 hours ago

    This is so stupid. If he has an issue with shareholder control, he has the money to buy the fucking shares. Sure, he has to pay the inflated bullshit price, but he can do that. Buy it and make it private, Musk. Then you can do whatever the hell you want with it, but it’ll be your money on the line. If you actually believe in the product than it should be fine, right?

  • humanspiral@lemmy.ca
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    5 hours ago

    Was there ever a hope that the customers buying the robots would control them?

    MechaHitler controlled robot in my home or business is not a good marketing plan. Chinese companies are well ahead in robotics, and they have manufacturing customers, battery and motor research/leadership, lower bill of materials, plenty of AI skill. No reason to believe Tesla will be first or better.

    • SaveTheTuaHawk@lemmy.ca
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      4 hours ago

      No reason to believe Tesla will be first or better.

      When has Musk ever been first or better? he even botched his penis.

  • Phoenixz@lemmy.ca
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    6 hours ago

    LOL

    Elmo Musk literally is not an engineer or even understands basic engineering. All the real world engineering done at his company is done by actual engineers

    What is his part in all those processes at jos companies, you ask?

    Lying.

    Literally lying. Its the only talent that Mr. Elmo has. Its the one thing he constantly does, at levels comparable to Trump.

    Most claims he makes about any of his companies products are just plain lies. Tesla full self driving? Not even close, and by now i wonder if they’re actually capable of getting a Tesla off a parking lot without crashing it, let alone do a full cross country.

    Same for SpaceX, where we definitely will go to Mars!never mind that reaching low earth orbit is about 1% of that task and he still can’t do that without blowing up his starshits. Hey, at least they blew up a banana over the Indian ocean.

    Wanna know what Elmo’s contributions are?

    Cyber truck.

    Launching the car that was supposed to be for the founder of Tesla into low earth orbit just to he an asshole

    The “idea” to use intercontinental ballistic rockets to transport people to the other side of the world “in 30 minutes”. This one I really really really do want him to try because tickets are CEO only expensive and nothing would make me laugh more than a bunch of stealing assholes all paying a million or so to just blow up on the launchpad.

    Talking about launchpads, remember that Florida launch with a starship with a boat load of engines that also failed was a complete success because “it left the launchpad” and anything beyond that was extras? Yeah, that launchpad was absolutely obliterated, cars parked various kilometers away got pelted by concrete debris, an ecological area got polluted, and the launchpad was left in rubble because Elmo decided that flame diverters, you know, those things used since like the sixties of the previous century really weren’t necessary.

    That is of course keeping in mind that he US tax payer paid 3 billion to take the US to the moon and well, that too is about at 1-2% mission completed, there is nothing remotely ready.

    Do I even have to mention Hyperloop? “Its just another air hockey table, its not that hard!”

    Meanwhile he keeps asking Tesla for a trillion dollars as well, even though he just got a gold package from Tesla that was light the highest payout in human history, even though Tesla makes a fraction of the cars that large brands make, ans even though he sent the extremely overvalued company (overvalued thanks to his constant lying about aaaalll the great things that are right there ready, just around the corner if you only pay me more money!!) right of a cliff with his Nazi antics combined with the laughable Nazirustbucket he designed…

    This is the guy asking for just a trillion dollar bro, I will make this work, bro! TRUST ME!

    • CaptPretentious@lemmy.world
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      5 hours ago

      You forgot to mention, that was was fired from PayPal(?) for being incompetent.

      And the engineers he hires are either not that great, or (more likely) are having to play fast and loose due to unrealistic expectations. Like the original hyperloop demo that was setup years ago for a competition, instantly rusted and was secured poorly. It’s since been destroyed.

  • Hawk@lemmy.dbzer0.com
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    7 hours ago

    This guy is so desperate to be called the first trillionaire, it’s just really pathetic.