Are we sure this isn’t illegal? It seems illegal

  • voracitude@lemmy.world
    link
    fedilink
    arrow-up
    92
    ·
    edit-2
    8 months ago

    It’s so illegal I think it might even be sufficient to pierce the corporate veil and charge Musk directly with attempted blackmail. I mean, that’s what he’s trying to do - blackmail and extort Tesla shareholders.

    • jqubed@lemmy.world
      link
      fedilink
      arrow-up
      58
      ·
      8 months ago

      It only took one shareholder to sue and invalidate his last compensation package. I suspect that same shareholder or a few others are game to try it again, especially if this time it’s coming from a more direct threat to the company and those shares’ value.

  • friend_of_satan@lemmy.world
    link
    fedilink
    English
    arrow-up
    75
    ·
    8 months ago

    As if he personally has AI and robotics in his pocket, and all the people working for him are vacuous without him.

    • lefaucet@slrpnk.net
      link
      fedilink
      arrow-up
      11
      ·
      8 months ago

      I may have some names and details wrong here, but Elon is not the brains of AI.

      He did start Open AI to find some people with the brains.

      Andrej Karpathy was the mastermind of Tesla’s FSD. He left the company after it was clear his developments would get FSD solved with enough data and compute. He’s no longer at Tesla, but it is primarity his work that everything is based on.

      Jim Keller was lead developer of the FSD inferrence chip I think. He also helps develop chips for Apple and Intel. He is not at Tesla.

      Emil Talpes is lead architect of Dojo chip

      Ganesh Venkataramanan is lead architect of Dojo supercomputer system

      What we can credit Elon with is telling folks to make a robo taxi back in 2015 and paying people to do it, but thats about it. Keep in mind he became the richest man in the world for doing this. He doesnt need more compensation at the expense of Tesla and its shareholders.

      If Elon died today Tesla would be just fine. I’d argue even better… A lot of folks I talk to think Teslas are cool cars, but hate Elon’s toxic personality and fear his attacks on free speech. They don’t want to support such a maniacal weirdo.

    • APassenger@lemmy.world
      link
      fedilink
      arrow-up
      1
      arrow-down
      1
      ·
      8 months ago

      He doesn’t owwn it, but he can supercharger them on the way out.

      Almost the same thing.

  • Red_October@lemmy.world
    link
    fedilink
    arrow-up
    63
    arrow-down
    1
    ·
    8 months ago

    This really looks like another one of those times that Elon’s big stupid mouth is going to get him in trouble just because he doesn’t know when to shut the actual fuck up.

    • jonne@infosec.pub
      link
      fedilink
      arrow-up
      6
      arrow-down
      2
      ·
      edit-2
      8 months ago

      There’s never any consequences though, he keeps failing up. Hopefully the shareholders call his bluff, but a lot of them buy into the Musk mythos.

  • Fat Tony@lemmy.world
    link
    fedilink
    arrow-up
    48
    ·
    8 months ago

    Is this a thing in business? Do you actually ever threaten your shareholders like that? I am seriously curious here.

    • GBU_28@lemm.ee
      link
      fedilink
      English
      arrow-up
      21
      arrow-down
      1
      ·
      8 months ago

      It’s shareholders vs shareholder. Leverage is derived by stake

  • gasgiant
    link
    fedilink
    arrow-up
    43
    arrow-down
    1
    ·
    8 months ago

    Wah wah I’ve blown loads of money buying a dying social media brand and driving it into the ground.

    Give me more money now or I won’t use my special money making powers to make this company more money.

    Legal or not. Does anyone have any idea what these AI and robotics things, that only Elon holds and were developed by him completely separate to Tesla, are?

    • demizerone@lemmy.world
      link
      fedilink
      arrow-up
      8
      arrow-down
      1
      ·
      8 months ago

      It’s Elon, he thinks he has the execution capacity to bring it to Tesla. He’s been saying for years: in 2021 there will be robo taxis. It never happened and never will for Tesla. They need a sub $25k vehicle and always have and he fucked it up. If the cyber truck was half the size and not made of stainless it would have been around $25k probably. Get fucked Elon.

    • SplashJackson@lemmy.ca
      link
      fedilink
      arrow-up
      4
      arrow-down
      8
      ·
      edit-2
      8 months ago

      I think the guy is a dumb bass like everyone else, but wasn’t he forced into buying twitter? Correct me if my memory’s faulty

      • suction@lemmy.world
        link
        fedilink
        arrow-up
        21
        ·
        edit-2
        8 months ago

        He was simply made to follow the law. Then he tried to spin it as that being akin to “being forced”. Basically, he signed contracts he didn’t understand and probably thought the other side would not follow through.

        If that’s “being forced” then any transaction where you put in a written, signed order and then if you try to cancel the order, the seller says “no dice, you committed yourself”, would mean “you are forced into it”.

        • SplashJackson@lemmy.ca
          link
          fedilink
          arrow-up
          7
          arrow-down
          2
          ·
          8 months ago

          Thanks for enlightening me, I think the only good thing about this guy is when he acted as Wario on Saturday Night Live

  • IphtashuFitz@lemmy.world
    link
    fedilink
    English
    arrow-up
    29
    arrow-down
    1
    ·
    8 months ago

    You mean AI like Full Self Driving that you’ve been promising and failing to deliver for how many years now?

  • suction@lemmy.world
    link
    fedilink
    arrow-up
    25
    ·
    8 months ago

    I don’t think the world or anyone but Elon’s sycophants are looking forward to the shoddy AI and shoddy (remote controlled by humans) robotics that he will be capable of.