• 0 Posts
  • 36 Comments
Joined 4 months ago
cake
Cake day: March 3rd, 2024

help-circle















  • Musk owns more than 20% of Tesla stock.

    While some investors remained silent on their voting position, Tesla’s largest shareholders, including Vanguard Group, BlackRock, and State Street, collectively holding roughly 17% of Tesla’s stock, abstained from public comment. The full voting breakdown will be revealed during a Tesla shareholder meeting in Austin.

    One, what an AI-written paragraph: “While some … remained silent … [others] abstained from public comment.” Aren’t those the same thing?

    Two, this is all just a bunch of rich motherfuckers deciding how much of an insane amount of wealth to give to one of them. Where’d they get that money? Customers.

    Imagine how competitive an electric car company could be if it wasn’t just a front for shuffling vast sums of money around between people who already have more money than they could ever spend.