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James Murdoch in line to replace Musk as Tesla chairman

reuters.com

41–50 of 91 posts

Re: James Murdoch in line to replace Musk as Tesla chairman

#42
post #7

From the article: The son of Fox mogul Rupert Murdoch, he joined Tesla’s board in July 2017 after years of work with media companies. He has no experience in manufacturing and has never led a company that makes cars or electric vehicles. What exactly does this guy bring to the table for Tesla? Money? Connections?

> What exactly does this guy bring to the table for Tesla? Money? Connections?

Obviously his prior experience where he "repeatedly fell short of the conduct to be expected of as a chief executive and chairman" [1].

[1] https://en.wikipedia.org/wiki/James_Murdoch#Phone_hacking_sc...

Re: James Murdoch in line to replace Musk as Tesla chairman

#43
post #7

From the article: The son of Fox mogul Rupert Murdoch, he joined Tesla’s board in July 2017 after years of work with media companies. He has no experience in manufacturing and has never led a company that makes cars or electric vehicles. What exactly does this guy bring to the table for Tesla? Money? Connections?

Should bring positive Tesla coverage in WSJ at least. WSJ has been hammering away at Tesla for the last 10 years.

Re: James Murdoch in line to replace Musk as Tesla chairman

#44

Sorry, we live in a world where News Corp has been at the epicenter of cultivating "Merchants of Doubt"[1] when it comes to anthropogenic climate change. Anyone tied up in that universe deserves skepticism if not outright rejection for the unbelievable damage they have wielded on society's ability to address climate change. The cost to society is enormous, and their grandchildren and grandchildren's children will pay…

His performance at the Leveson inquiry in the UK a few years ago confirmed him to be utter slime. Terrible news for Tesla if you value truth and integrity, and doesn’t do much to dispell the valuation-pyramid-scheme, spin-ever-grander-stories criticism that is often levelled at them.

Re: James Murdoch in line to replace Musk as Tesla chairman

#45

Sorry, we live in a world where News Corp has been at the epicenter of cultivating "Merchants of Doubt"[1] when it comes to anthropogenic climate change. Anyone tied up in that universe deserves skepticism if not outright rejection for the unbelievable damage they have wielded on society's ability to address climate change. The cost to society is enormous, and their grandchildren and grandchildren's children will pay…

His performance at the Leveson inquiry in the UK a few years ago confirmed him to be utter slime. Terrible news for Tesla if you value truth and integrity, and doesn’t do much to dispell the valuation-pyramid-scheme, spin-ever-grander-stories criticism that is often levelled at them.

Murdoch was already on Tesla's board of directors. This is simply a promotion.

Re: James Murdoch in line to replace Musk as Tesla chairman

#46

Earlier quoted context omitted.

Murdoch and his family are poisonous, this won't help Tesla in the long run but might help.then with the SEC in the short run.

They're also brilliant businessmen who have built the most successful news empire in America

The father might fit that description, but none of the second generation who've taken roles in the family business have distinguished themselves.

Re: James Murdoch in line to replace Musk as Tesla chairman

#47
post #28
post #7

From the article: The son of Fox mogul Rupert Murdoch, he joined Tesla’s board in July 2017 after years of work with media companies. He has no experience in manufacturing and has never led a company that makes cars or electric vehicles. What exactly does this guy bring to the table for Tesla? Money? Connections?

That's not how boards generally work. They're there for corporate governance and, in this case, to make sure the company is hiring the right people experienced in manufacturing and EVs... As an example, here is the board of directors for General Motors: https://www.gm.com/our-company/leadership/board-of-directors... Not exactly a lot of car building experience.

Looking at the GM board of directors, I see:

- Former GM officials,

- Ex-managers of defense companies. They build machines too, right.

- Ex-joint chiefs of staff and business school head. They know management.

- Insurance and such. GM has a large workforce and managing that a good portion of activity.

Newscorp is a large organization too, but it seems more different from Tesla than the US Army, Cummins or even an insurance company is different than GM. So on it's face, it seems like the board knows something about manufacturing and managing large organizations. With Jame Murdock, it seems likes you could say "know something about spin", which might not be comforting.

Re: James Murdoch in line to replace Musk as Tesla chairman

#49
post #10
post #7

From the article: The son of Fox mogul Rupert Murdoch, he joined Tesla’s board in July 2017 after years of work with media companies. He has no experience in manufacturing and has never led a company that makes cars or electric vehicles. What exactly does this guy bring to the table for Tesla? Money? Connections?

Knowledge of how to lead.

But lead where? Without domain knowledge..?

Re: James Murdoch in line to replace Musk as Tesla chairman

#50

Earlier quoted context omitted.

From another commenter. > threeseed > James Murdoch has been on the board for a while and is very good friends with Elon Musk. So this brings a sympathetic chairman who isn't going to crack down on Musk's erratic behaviour. It seems a bit late to be concerned about this guy wielding influence at Tesla.

Yes, I just saw this. I hope it's true. I remember seeing an interview about 5 years ago that featured both Elon Musk and Bob Lutz, vice chairman of GM. In the interview, Musk was incredibly deferential to Lutz and talked about his respect for Lutz and considered him a friend. They were very cordial. Nevertheless, Lutz has been on the record for many, many years as lambasting Tesla, it ambitious and sustainable aims,…

Boxers can admire each other and still bash each other's brains out. Lutz lambasts Tesla because he's on the other side of the ring; Murdoch isn't.
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