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
So, is this a request for help, a threat, or just a grift?
Perhaps he really is concerned about rogue AI Slaughterbots, and wants to avoid that horrible Terminator-style future? Nah.
Perhaps it’s a veiled threat - “I got these rogue Slaughterbots who are straining to get out there and fuck up the world, unless you give me a trillion bucks.”
Or maybe, there are no robots, or even viable plans to build them, and he just wants a trillion bucks.
It’s probably #3, and he’ll use the money to build the Slaughterbots, and then do #2.
Just one more leverage bro
Why this people never get cancer or horrible accidents?
Best healthcare with constant screenings. Catching most or all things early keeps them alive where it would cost us a mortgage or more.
hey errr maybe the richest man in the world with nazi views should not have a robot army to begin with?
Any day now Tesla is gonna be renamed Hyperion
Why do they even need musk? It’s not like he is lead engineer or chief of design.
Marketing and fund raising. Doesn’t matter how much you, well we, hate him he’s still genuinely excellent at it. Sure it’s absolutely destructive to… literally everything except his bank account, but it works. Very annoying.
But is he actually particularly stand out at that or is he just leveraging his pre-existing family wealth and connections to do so? In another universe a lot of these people are deadend used car salesman types that no one takes seriously.
just leveraging his pre-existing family wealth and connections to do so?
Oh he is absolutely pulling himself up from his bootstraps, his are just made out of emeralds.
Fortunately he isn’t going to build a robot army. His cars can barely follow the road so I can’t imagine his robots would present much in the way of of a threat, except quite possibly in the extent that they would stand on your foot although even then they’d probably fall over.
There has never been another individual who’s ability and ego are so at odds
I just don’t feel comfortable building a robot army here, and then being ousted
Why would you ever have any control whatsoever in the first place? Do other arms manufacturers have a control for their missiles?
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I need full power because otherwise people will stop me!!
Yeah what a lame guy.
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To be fair, all that money is effectively fake until the shares are sold.
Banks lend him real money based on the fake money
I count that in the sold category. Because they just get more loans to pay off the previous ones, or default and the bank just takes the shares and does it again because what the loaned is less than the share value. All the while avoiding income and capital gains taxes.
It’s why boycotts and cancelling subscriptions actually do work when done in large enough numbers. Their money can disappear very quickly if shareholders get spooked.
It’s also why Tesla isn’t being affected as much now despite Elon pulling the mask off and going full Nazi, resulting in massive sales drops. Years and years of short sellers and complicit media trying to tank the brand, largely funded and promoted by things like entrenched oil interests and competing car brands have trained many shareholders to ignore a lot.
So how is that fake? I can’t do any of those things you mention in the first paragraph.
Getting loans based on assets is not at all the same as selling those assets.
So how is that fake? I can’t do any of those things you mention in the first paragraph.
You’re not rich enough where banks know you always have stock available to give them. Where there’s virtually no limit to your stock pool that the bank can just liquidate after the fact. You need to be in the top .1% for that. The fact you’re on lemmy means that’s not a possibility in the slightest.
Getting loans based on assets is not at all the same as selling those assets.
It is for the rich. That’s why so many don’t care about their traditional salary. That’s why so many went out of their way to advertise they were taking a $1 salary during the recession, or even today. Because their salary is subject to income tax, but loans are not. You can get the same end result of cash in hand by receiving your pay in stock, then taking loans against that stock.
It’s not the same though because they still hold the assets. If you sell, you do not hold assets anymore. Seems kind of self explanatory.
this is the most naive thing I’ve read on lemmy… blessed be your innocent mind my child
But I was told that rich people like musk and Trump weren’t swayed by money because they had enough… 😂
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.
The kleptocracy in action.
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.
Perhaps, but it doesn’t change the fact that these people have a very serious mental illness so massive that it literally affects the rest of the world. They must be dealt with properly, not encouraged to lean into their destructive mental illness by funding their follies with taxpayer money.
I just want this guy to die. Oh, I will be so happy when it happens.
And all the other ones as well.
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Someone who looks pretty good for a dead bitch.
insert ‘I understood that reference’ here Surely he won’t let her get anything?
When Elon dies, dozens of children will lose their father, but not a parent.
hes a negligent, absent father, he only cares about breeding to sire male children, because of his eugenics fetish. he doesnt care for them otherwise, remember the kid he was using as a human shield for a few months? where is he now.
He needs to Mathew Perry.
Me too Elon, I’m not feeling comfortable with you building a robot army
“Robot army” from the guy who gave us the Cybertruck? I’m not worried.
I don’t know, the point of the so-called self driving Tesla is to not kill you or other people, and it fails on that.
So they might be able to fail creating a deadly bot army, so you’ll have armless bot on war fields and killer cars on your road
And none of those shareholders vote along lines that are good for society. You’re going to probably kill us all someday with some bullshit business decision or another, directly or otherwise.
I had to check to see if I was eating an Onion. Turns out, Ol’ ketamine fried Musky truly did say all of this.
I hope he doesn’t start any trade federations and blockade Naboo.
Jar Jar is our only hope.
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
failedwas 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!
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.
Yeah, the PayPal one is so spot on.
He had a company that I guess was like CitySearch that no one ever heard of and managed to win a lottery of selling it to Compaq who thought they had to do something in this whole dotcom thing.
Then he founded ‘x.com’, a failure of an online bank while Paypal took off. Then, somehow, in the wake of being merged in he talked the company into letting him be in charge, despite his company pretty much the relative failure in that relationship, and he nearly tanked it before being kicked out. Despite this for a long time he got credit as ‘the paypal guy’, despite his only contribution being almost tanking it after losing to it initiallly in the market. Again, won the lottery because he had such a share and eBay tossed so much money at it.
He’s supremely successful at taking credit from others when things work out.
a well known fact is upper managment shields the employees and the company from Elons meddling in thier internal workings affairs. at least for spacex.
As far as they can, that is
That rocket launch that obliterated a launchpad was Elmo’s meddling, for example
