this post was submitted on 22 Feb 2025
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United States | News & Politics

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[–] njm1314@lemmy.world 41 points 2 days ago (11 children)

Wonder how the shareholders of Tesla react to this kind of news. Surely surely this should cause them to lose confidence in their CEO. If nothing else does, surely this has to be the kind of thing that does it. He's publicly working against them now. How does that not cause people to lose faith in the stock and thus the CEO?

[–] Flagstaff@programming.dev 28 points 2 days ago (7 children)

I don't know if you've been keeping track, but TSLA's stock has been plummeting.

[–] njm1314@lemmy.world 21 points 2 days ago (4 children)

Which is why I don't understand how they aren't rioting to have him removed. He is hemorraging money for them.

[–] Flagstaff@programming.dev 15 points 2 days ago

Oh. Well, yeah, there are probably class action lawsuits brewing, but the fastest course of action is probably just to dump shares for now...

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