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Tesla Adds Larry Ellison and Kathleen Wilson-Thompson as Board Directors

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Re: Tesla Adds Larry Ellison and Kathleen Wilson-Thompson as Board Directors

#71
post #59

Earlier quoted context omitted.

Right now, there's a whole bunch of businesses and governments that are trapped on oracle. That's because they were the only game 20 years ago. And inertia and lockin is the game. Where I work uses Oracle. And every dev and sysad wants away from it. And the answer every time is "we can't support forking our DB backend cause were too tied to oracle and its bugs". And the prices go up and up. And everyone on it is effe…

Is there a standard capitalist solution to lock-in? (Or is it too new of a problem to have been researched?) This seems like a fatal flaw if your goal is even merely free markets and vibrant competition, not even improving society. Perhaps one option is to remove government protection from trade secrets and intellectual property. Were it not for the threat of government interference, a competitor could easily arrange…

Not sure if you can call it "standard capitalist" but there are antitrust laws?

Re: Tesla Adds Larry Ellison and Kathleen Wilson-Thompson as Board Directors

#72
post #5

"As you know people, as you learn about things, you realize that these generalizations we have are, virtually to a generalization, false. Well, except for this one, as it turns out. What you think of Oracle, is even truer than you think it is. There has been no entity in human history with less complexity or nuance to it than Oracle. And I gotta say, as someone who has seen that complexity for my entire life, it's ve…

I've always wondered how Mr. Cantrill felt when in 2015, after years of hearing his vitriol about Oracle, more than a few of his Joyent team left him to follow Mark Cavage to Oracle including Node.js frontman TJ. This would have been a substantial hit to the tight US development team. Has Mr. Cantrill spoken on how he processed that?

Re: Tesla Adds Larry Ellison and Kathleen Wilson-Thompson as Board Directors

#73

Earlier quoted context omitted.

> I'd love to hear from some Tesla employees with awakened consciousness how they feel about Ellison's involvement. What does "awakened consciousness" mean in this context?

Nothing different in this context, I mean it in the universal sense: https://www.google.com/search?q=awakened+consciousness&oq=aw... Could also look at it as Spiral Dynamics Turquoise: https://www.google.com/search?q=spiral+dynamics+turquoise&so...

Sorry, I guess I shouldn't have said "in this context", I'm not familiar with the term at all. I was trying to differentiate from just the literal "awake" and "conscious", as in not asleep. I assumed it was some religious term.

The search results seem to indicate it's some vague mysticism not specific to any particular belief structure? Not an area I'm familiar with. Thanks for the info!

Re: Tesla Adds Larry Ellison and Kathleen Wilson-Thompson as Board Directors

#74
post #11
post #7

Earlier quoted context omitted.

Yes, Oracle is bad. No, I don't love or even like them. But quoting Bryan's dramatic speeches every time Oracle or Ellison are mentioned is adding next to nothing to the discussion at this point. It's a great way to incite anger though.

My point is that this doesn't bode well for Tesla. My biggest complaint with Tesla is that they don't provide service manuals or have an open parts department for their vehicles. For comparison, pretty much every other major auto maker will sell you a book telling you how to fix anything on your vehicle, and will sell you the parts and special tools to do so. Not Tesla, and given what we know about Ellison, I very mu…

> Not Tesla, and given what we know about Ellison, I very much doubt he will encourage this to happen.

No, but he might put some board level pressure to get more rigorous about profitability. I know that's a dirty word around here, but Tesla is not exactly well known for it's cashflow prowess. Those are the types of things board members do...not figure out whether service manuals come with the product.

Re: Tesla Adds Larry Ellison and Kathleen Wilson-Thompson as Board Directors

#75

Wow, what is he bringing to the table?

Hopefully about $30-50 per share in "market confidence" in the midst of a bear market. Otherwise Tesla probably goes bankrupt in March.

Why would an increase in stock value stop a company from going bankrupt?

Re: Tesla Adds Larry Ellison and Kathleen Wilson-Thompson as Board Directors

#76

Earlier quoted context omitted.

Nothing different in this context, I mean it in the universal sense: https://www.google.com/search?q=awakened+consciousness&oq=aw... Could also look at it as Spiral Dynamics Turquoise: https://www.google.com/search?q=spiral+dynamics+turquoise&so...

Sorry, I guess I shouldn't have said "in this context", I'm not familiar with the term at all. I was trying to differentiate from just the literal "awake" and "conscious", as in not asleep. I assumed it was some religious term. The search results seem to indicate it's some vague mysticism not specific to any particular belief structure? Not an area I'm familiar with. Thanks for the info!

All good! That's right, it's the field called "Spirituality" that many people confuse with Religion.

Re: Tesla Adds Larry Ellison and Kathleen Wilson-Thompson as Board Directors

#77

After his failure, as virtually the only Theranos board member with a high-tech background, to provide any good advice on tech development to Elizabeth Holmes, this seemed incredible to me. Then, I read this in the statement: "Larry is also a big believer in Tesla’s mission, having purchased 3 million shares earlier this year." So, Musk was required to introduce more outside independence to his board, per agreement w…

Shareholders that own a large enough chunk of the company often do get a seat on the board. That's pretty normal. The board is supposed to represent the shareholders' interests, after all.

Re: Tesla Adds Larry Ellison and Kathleen Wilson-Thompson as Board Directors

#78
post #59

Earlier quoted context omitted.

Right now, there's a whole bunch of businesses and governments that are trapped on oracle. That's because they were the only game 20 years ago. And inertia and lockin is the game. Where I work uses Oracle. And every dev and sysad wants away from it. And the answer every time is "we can't support forking our DB backend cause were too tied to oracle and its bugs". And the prices go up and up. And everyone on it is effe…

Is there a standard capitalist solution to lock-in? (Or is it too new of a problem to have been researched?) This seems like a fatal flaw if your goal is even merely free markets and vibrant competition, not even improving society. Perhaps one option is to remove government protection from trade secrets and intellectual property. Were it not for the threat of government interference, a competitor could easily arrange…

[deleted]

Re: Tesla Adds Larry Ellison and Kathleen Wilson-Thompson as Board Directors

#79

A lot of people seem negative about this. Can someone explain why? Are there any implications I should expect (as a Tesla owner and stockholder)?

Part of it is that he has notoriously created a culture of selfishness and even dishonesty at Oracle. I once caught Oracle engineers trying to steal IBM proprietary source code while we were testing on-site at Oracle HQ. I watched them dismiss a unified-cache idea when my small company disclosed it to them under NDA, then add their own (inferior) implementation of the idea as a flagship feature in the next version of Oracle. I saw the many copies of "It is not sufficient for us to win, others must lose also" on Oracle employees' offices. I simply don't trust them, and a company that should have safety as a major goal (but unfortunately already doesn't) is the last place I'd want to see them involved.

Re: Tesla Adds Larry Ellison and Kathleen Wilson-Thompson as Board Directors

#80

The same guy who encouraged Elizabeth Holmes to ignore her engineers in favor of over the top promotion. Also a board member who failed (or chose not) to detect the underlying fraud... Every time I consider closing out my Tesla short position something like this happens and I get more confident that something is awry.

I'm no fan of Ellison or Oracle. But a guy worth $60 billion with decades long ties and influence in media and government investing in TSLA and serving on its board is not something that should make shorts happy.

This. It’s not surprising at all how emotional and “short” sighted people are being about Ellison because “Oracle sucks”.

I despise Oracle as much as the next guy but if I were in Elon’s shoes I’d want Ellison on my board. The car business is tough, really tough. At one point the database business was really tough. Ellison achieved a near monopoly. Despite our views on the quality his software. Tech people were not his customers, CIO’s were. He gave them exactly what they wanted.

Ellison is shrewd, not stupid. Churning out shit cars would be stupid. Helping Elon cut waste and increase sales would be shrewd. Perhaps Ellison, if anything, could temper Elon’s boundless optimism and pet projects.

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