• Seleni@lemmy.world
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    13 hours ago

    Yeah, except he and his brother own majority shares in Tesla and pretty much hand-picked the board. I bet this is nothing but performative; they get a new ‘face’ for the company while he still runs Tesla from the background, Wizard of Oz style.

    • Oderus@lemmy.world
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      6 hours ago

      As of February 28, 2025, Elon Musk owns approximately 12.8% of Tesla

    • Raltoid@lemmy.world
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      12 hours ago

      He was ousted as CEO once, and he’s put in preventative measures in every company since.

      If they’re replacing him, it’s with his blessing specifically to try and prevent losses. And you can bet your ass that he’ll be a “special employee/consultant” that has the power to veto the new CEO.

      • Seleni@lemmy.world
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        12 hours ago

        Oh, he runs it. Just not well. He sucks at real CEO work like he sucks at everything else in his life.

        • lobut@lemmy.ca
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          5 hours ago

          I would have thought he just invested in companies and never really ran them. Then I saw the CyberTruck and I was like: “oh yeah, that’s definitely him”. I mean also Twitter is a shitshow and that’s obviously Musk too.