Not many situations in which you can reliably reverse a 40% drop in sales by simply removing one (1) employee. And yet the board is not doing it If I were an investor, I might question whether they are fulfilling their fiduciary duty?
Replies
Not sure if this is right. He’s the biggest shareholder, so even if he were fired, buying a Tesla would mean putting money in his pocket.
aug 28, 2025, 11:32 pm • 3 0 • view
It's wild. Can fiduciary duty be to the underlying business or just the stock price? Tesla's PE ratio is still about 20x Toyota or Ford due to the cult of personality.
aug 28, 2025, 11:36 pm • 0 0 • view
Because we’re in the dumbest timeline tiring him and reversing the sales slump would also probably tank the share price
aug 28, 2025, 11:30 pm • 0 0 • view
It would be insane to drop him. While they have his fan base, their stock price seems totally decoupled from their actual performance as a car company. Their multiple is *wildly* unsupported by their actual auto business.
aug 29, 2025, 3:40 am • 0 0 • view
I disagree. In almost all cases of -40% in sales, one employee tends to be removed. Whether that fixes it is another story. And I’d argue in this story, like most, it wouldn’t bring back that former glory. I think the sun is setting (has set?) on Tesla as a vanguard of the industry
aug 28, 2025, 11:36 pm • 0 0 • view