In a series of posts on X Monday night, Musk said that he would not want to grow Tesla to become a leader in artificial intelligence and robotics without a compensation plan that would give him ownership of around 25% of the company’s stock. That would be about double the roughly 13% stake he currently owns.
Just casually asking for a roughly 80 Billion dollar pay raise. But at this point would Tesla be better off without him?
There’s all these things that people say about how he’s garbage and does nothing right, but the guy has managed to be involved with the project that made it easy to make payments over the internet, and then went on to be behind the most successful electric car and, of course, there’s also SpaceX…
I have no idea about the details behind this other than what a Redditor coworker who totally negs on Elon has told me - all this inside baseball at PayPal that seems unflattering, and, of course, the persistent accusations that he brings nothing to the table…
But does lightening really strike thrice like that? IDK. Plus I am sympathetic to his desire to make X more free speech friendly - he isn’t completely consistent in this, but it is better than what came before.
I am just going to give him the benefit of the doubt on this - not in saying that he absolutely deserves this raise, but in saying that he has a right to ask for it without being laughed out of the room.
This is a joke, right? He brings back nazis under the guise of “free speech” while also doing this: X / Twitter purges then reinstates journalists, podcasters, and leftist accounts critical of Elon Musk.
Right, he isn’t entirely consistent.
But it is also not the case that he is bringing back literal Nazis - last I checked Jared Taylor was not reinstated, Andrew Anglin is nowhere to be seen, and Kanye West was banned after his remarks. I think the list goes on- every once in a while you do see the Nazis complaining about this because, of course, it isn’t hard to stay on that platform… Which si also why it’s silly he didn’t bring Jared Taylor back on - he was not removed because he said any slurs or was obscene, but was simply removed by Dorsey and the gang because he is an open “race realist.”
Of course, I was flabbergasted when I saw that they would treat “from the river to the sea” as a call to genocide on X, and I really felt like he completely dropped the ball there. Nonetheless, it was a general improvement, though it is not what I would have envisioned.
(Besides just the fact that it’s not true. There are plenty of alternate reality stories where the Nazis won; they just don’t like those because they’re still the bad guys.
Just in case you needed evidence of alt-right racism on Twitter, here’s some from today.
The chance of success is impressive, but it’s just correlation to wealth in the family. From Microsoft over cloud flare, Amazon to tesla each and every one of those successful men had a rich daddy.
Not wrong at all - it’s also the case that the guy who founded Netflix had dozens of sticks in the fire - lots of failed enterprises he was trying out elsewhere, and this one just hit. He didn’t even come up with the model, really, for Netflix… he’s just a privileged venture capitalist.
But what does that mean for us? Obviously, I wish it was me with the generational wealth, and not them. Obviously, I would prefer for 10,000 people to be lifted out of generational poverty in the Congo than to create more millionaires… But I treat the super wealthy capitalists tossing around massive wealth like this as something I do not have the right to do much about other than taxing them at a higher rate.
When they deliver good products by creating companies that utilize a lot of talent, I clap.
I think it is the case that technology and the mass production of goods will do more to alleviate poverty than anything else…
I mean, you go to poor countries now and even the poor people have access to a wealth of information and such through their non-flag smartphones you’ve never heard of. That’s just wonderful. It has also assisted us by letting us see what is going on in Gaza first hand. So, all these billionaires & multimillionaire investors have actually contributed to society through the decades by bringing us to a point where even fairly poor people in India or Iran can not just enjoy having internet access and a smartphone, but can also use it to report on corruption and undermine corrupt & terrible governments.
Nah.