News
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
view the rest of the comments
It might be interesting to create structures for more shareholder oversight over executive pay.
I'm probably far less concerned about executive pay in general than a number of people here, but my understanding is that in Musk's case, there have been real questions about the board's independence.
And Musk has had what I'd call some real errors. I am pretty skeptical about his high profile politicking being good for Tesla. Even if he wanted to support Trump, he certainly did not need to become the face of DOGE or be personally doing his $1m lotteries for voting. The Cybertruck flopped.
And he's not doing Tesla as a full-time job. He's also CEO, chairman, and CTO of SpaceX.
It's also not clear to me that even if he can grow an early stage company, that he's great at dealing with a mature one. Tesla has the largest market cap of any automaker in the world by a large margin. They aren't a startup any more.
https://companiesmarketcap.com/automakers/largest-automakers-by-market-cap/
I'm dubious that Tesla couldn't obtain a CEO who could do at least as effective a job for far less pay.
I reckon I could do that job more effectively than Musk, and I'm a fucking idiot with regards to business. I'd do it for a mere two million dollars a year.
I would agree. You could probably designate a chimp as CEO, make sure they are hidden away, and let the rest of the company operate as needed.
That's effectively already how SpaceX manages to function, they (allegedly) have an entire team of people dedicated to distracting Musk with bullshit whenever he visits the office so that the actual engineers can work in peace without their CEO mandating stupid ideas.
They saw the "Human eyes don't have LIDAR so Teslas don't need them either" and said yeah, fuck that, we can't allow him input here.