Elon Musk’s Ultimatum to Tesla: Fight the S.E.C., or I Quit
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Re: Elon Musk’s Ultimatum to Tesla: Fight the S.E.C., or I Quit
#2Is this him resigning in the same way Yukio Mishima committed suicide?
Hyperbolic, sure, but the article has a Yale prof straight-up invoking Jonestown in describing this move.
Re: Elon Musk’s Ultimatum to Tesla: Fight the S.E.C., or I Quit
#3Ignoring everything else it does seem like he needs therapy of some kind, not for mental health reasons, but for learning to better control his impulsiveness.
As to any of his other behaviors: ehn. I don’t have enough money to be effected by his antics :D
Re: Elon Musk’s Ultimatum to Tesla: Fight the S.E.C., or I Quit
#4Bye Elon
Re: Elon Musk’s Ultimatum to Tesla: Fight the S.E.C., or I Quit
#5Is this him resigning in the same way Yukio Mishima committed suicide? Hyperbolic, sure, but the article has a Yale prof straight-up invoking Jonestown in describing this move.
Where's his dedicated young second? Kimbal?
Re: Elon Musk’s Ultimatum to Tesla: Fight the S.E.C., or I Quit
#6> They had passed on Thursday’s generous offer, and the S.E.C. felt compelled to extract greater concessions. The ban on Mr. Musk’s serving as chairman went from two years to three, and his fine doubled to $20 million. Tesla will also pay a $20 million fine, and Mr. Musk agreed to personally buy the same amount in Tesla stock.
The extra year of not being chairman seems immaterial if threatening to quit got the board to shoot themselves in the foot, so he basically paid ~$10 million to loudly proclaim his innocence for 48 hours?
Re: Elon Musk’s Ultimatum to Tesla: Fight the S.E.C., or I Quit
#7Elon probably screwed himself here. The 'fight it', 'ok, settle', 'nevermind' will not play well on Wall Street. He had a much better chance either fighting it or settling but now he looks unstable. My guess is we'll be looking at a Tesla without Musk soon, unfortunately.
Re: Elon Musk’s Ultimatum to Tesla: Fight the S.E.C., or I Quit
#8These articles about Elon are interesting to me because Tesla could not have become such a valuable car company in such a short time if it wasn't for Elon, and that includes his personality.
Yet, many couch investors would prefer to have a CEO who is stable, boring and predictable. People want to put their money in for steady long-term returns, and not worry. Tesla is doing wild things which are causing crazy growth, but also crazy panic.
It seems the market really wants Tesla to slow down so they can sell more stock to an average risk-averse consumer, but Elon wants to keep running light-speed, regardless of the short-term worry that it might create. Neither is wrong, they just have different priorities.
Re: Elon Musk’s Ultimatum to Tesla: Fight the S.E.C., or I Quit
#9Is this him resigning in the same way Yukio Mishima committed suicide? Hyperbolic, sure, but the article has a Yale prof straight-up invoking Jonestown in describing this move.
> Is this him resigning in the same way Yukio Mishima committed suicide?
This seems like an obscure reference (I am not Japanese). Care to explain?
Re: Elon Musk’s Ultimatum to Tesla: Fight the S.E.C., or I Quit
#10Is this him resigning in the same way Yukio Mishima committed suicide? Hyperbolic, sure, but the article has a Yale prof straight-up invoking Jonestown in describing this move.
> Is this him resigning in the same way Yukio Mishima committed suicide? This seems like an obscure reference (I am not Japanese). Care to explain?
According to https://en.wikipedia.org/wiki/Yukio_Mishima:
In 1970, [Mishima] and three other members of his militia staged an attempted coup d'état when they seized control of a Japanese military base and took the commander hostage, then tried and failed to inspire a coup to restore the Emperor's pre-war powers, in accordance with Mishima's conceptualization of the Kokutai. Mishima then committed ritual suicide by seppuku. The coup attempt became known as the "Mishima Incident".