KEY POINTS
Elon Musk said he would form a new political party called the “America Party.”
Tesla shares fell Monday after Musk’s announcement.
Tesla shareholders have wanted Musk to stay away from politics, especially after his stint at the so-called Department of Government Efficiency, which many have said damaged the automaker’s brand.


They should be seriously considering firing this fuck, by now. Everything he’s done for the last couple of years has cost his investors money.
I’m happy to see the company go up in flames. Anyone still holding positions in TSLA deserves whatever happens.
Hahahaha - have you seen “the board”? It’s several bought-and-paid-for dipshits and members of his family. He’ll make a good decision before they oust him.
Not happening. Never (unless it’s part of a scam, then yeah sure why not. Gotta fleece the stooges).
Then it sounds like it would be a slam-dunk to prove in court, that the board is no longer honoring its fiduciary duties to its investors.
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Which “rich” are you talking about? The one rich guy in charge…or the many rich people that are watching their investment bottom out, because of him?
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Yep. Good luck!
I just want him to shut up and go away. Being fired would just give him more attention, and something else to whine about.
It would also greatly diminish his financial holdings…which would knee-cap his ability to actively fuck with society.
Won’t happen. His board are all sycophants.
Then Tesla’s investors should organize a class action suit against the board, for acting against their best interests.
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And yet, he’s costing the rich a ton of money by tanking the value of his stock. That should take precedence over whatever “the board” decided to give him. The investors are the priority in a capitalist system…not the board. The board’s job is to maximize investor returns. That’s all.
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So you think rich people don’t care about losing money? I’m not sure you understand what I’m talking about.
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