Elon Musk’s polarizing political actions since acquiring Twitter, later rebranded X, in 2022 dramatically hurt the automaker’s U.S. sales, underscoring how deeply its fortunes are intertwined with the billionaire’s persona.
The findings quantify for the first time how the political actions of the world’s wealthiest person – including his role in U.S. President Donald Trump’s administration – may have cost Tesla billions in lost vehicle sales while benefiting rival electric carmakers.
Tesla’s U.S. sales would have been between 67% and 83% higher, or about 1 million to 1.26 million additional vehicles, from October 2022 to April 2025, had it not been for what researchers call the “Musk partisan effect,” according to a working paper from the National Bureau of Economic Research by Yale University economists.
Then why are they wanting to pay him 1 trillion dollars? Rich people are weird.
Then why are they wanting to pay him 1 trillion dollars? Rich people are weird.
Because Musk is asking for it, and the Tesla board who are all his hand picked friends, are the ones that vote on it.
The board doesn’t vote on his compensation package, the shareholders do. The pay committee proposes his compensation package to the shareholders and then they all vote on it.
The board doesn’t vote on his compensation package, the shareholders do.
Are you being willfully ignorant or are you not aware that during a proxy vote, shareholders that don’t cast an individual vote let the board vote for them? The VAST MAJORITY of shareholders don’t vote. This hands an enormous amount of votes to the board that vote how they want. A proxy vote that goes against the boards recommendation, is very rare in the corporate world.
He put two LED light bars on the old Model Y and came up with a cheap Model Y that covers the existing glass roof in headliner fabric.
How is that not innovation?
Because he did one thing right. He didn’t build a traditional investor base, he built a cult.
Like Joseph Smith and L Ron Hubbard.
Tesla has to hit 10Trillion to get that pay out. It will not.
He controls the board. So it’s him wanting to pay him that (with the stipulation he magically increases the company market cap to like 8 trillion or something - like 4x what it currently is)
I thought they were setting him up for a graceful exit when they could not agree on a ridiculous pay package
I love Electric cars and Sattelite internet and Spaceships.
WTF has this asshole made all the things I love awful and unacceptable.
These guys actually made me realize satellite grids are not a good idea, they’re in places they’re not supposed to be and use lights that weren’t authorized, meaning about 1/3 of ground-based telescope exposures are being ruined right now. Negative externalities abound.
round-based telescope exposures are being ruined right now. Negative externalities abound.
I can’t help but think we could have done it with a reasonable number of sats. we put so many up it was like it was just a flex to make spacex profitable
Musk can shoot whatever he wants into orbit. He even shot up one of his shitty cars.
I feel the exact same way about Thiel and “Things Named After Lord of the Rings.”
It’s so endlessly infuriating watching billionaires actively turn things we care about against us.
Because they’re fucking Nazis and need to face their existence with a fist
You’ve cost us billions in sales! Your views are killing the company!!
Are you going to fire me?
No! We’re going to pay you MORE!!
Musk has kompromats on board of directors and shareholders.
They’re all his family and friends
Indeed. They literally just support the nazism.
and triple the value of your stock! Take THAT!
profit drop?? TSLA now at $460. The worse they do by any economic measure, the better the stock does.
I was thinking the trillion dollar package was a way to fire musk while letting him save some face
fuck nazis and fuck musk specifically. weird ass pedo mf
Being a nazi is not politics, It’s being a fucking nazi.
I could admire someone sticking to their principles in face of losing money, but when the principles are “be a dick to marginalised people for the lulz” you’ve just got a garbage human being
I feel this very much, yet at the same time feel like people need to understand that it is politics.
People try so hard to compartmentalize politics as this thing not to bring up where it “doesn’t belong” but yet politics that you ignore will eventually push themselves into those places eventually.
Nazi ideology is a political ideology. A rotten, awful one, but one nonetheless.
Its why you can’t afford to sit out politics, ever.
It is politics. Just some political beliefs are fucking evil.
Customer base most likely to hate nazis: people who buy EVs.
Customer base most likely to love nazis: people who buy trucks that get 2 mpg.
Guess the pedo genius found that math problem a little too difficult.
Elon’s Brain: If I buy twitter, surely I can influence public opinion
Public Opinion: Whoa this guy is a real piece of shit
He bought Twitter to help Trump win and Trump won.
Feels like if he could just STFU he’d be golden. I remember when he was widely seen in a positive light. He was practically messianic on Reddit back in the day. Then his innate pettiness came out when he called that diver a peado. It feels like his mask slipped then and everything after just reinforced the fact that he’s an unchecked and uncaring megalomaniac.
That’s why a lot of people admired him until early 2010s. Hell, I have a photo from 2014 pride parade with a rainbow model S being centre of attention.
Luckily for us, shutting up is a rare skill for such assholes.
I remember all those news articles “Was this a Nazi salute? Can we be sure?” lmao
Fucking complicit ass media
Damn aspies and their sieg heil pass!
Then the typical idiots posting “salutes” by democrats.
oMg…DeMs aRe nAzIs
There Mr. Musk predicts market caps of his competitors.
Elon Musk’s
politicsNazism cost his firm Tesla more than one million EV salesFixed it.
And not even just that. Also his bullshit acting like he was the president, speaking for the president, and his dodge bullshit.
Fuck that guy, he’s a real piece of work on all areas.
He only stopped the publicity because it was hurting sales, it’s still going on.
100%
deleted by creator
“Musk partisan effect”
Fucking hell, these people can euphemism their way out of anything. It’s the Musk Is A Fucking Nazi effect. Just say it as it is. How is this guy still allowed to be a director of a company that he is actively hurting? Are there no laws regarding fiduciary duty? Shareholders ought to be rearing him to shreds, not voting to pay him more.
The richest man in the world is the main shareholder. You can thank our government for giving him massive tax payer subsidies instead of investing in multiple American run businesses. I’ve noticed our government likes to give all of our tax dollars to South African apartheid Nazis who are now looting our government and stripping our freedoms because they think they haven’t gotten enough.
Just say it as it is.
Ivet said ot a few times in.a thread on.a local Australian forum about buying Tesla’s and.the post just gets deleted.
Australian’s are atill buying heaps of them and we only get 2 models, the 3 and Y.
That whole heil Hitler thing was wild, who could forget it
The fact that he was still given a position in the White House after he explicitly outed himself as a Nazi is really telling.
That was probably what tipped the scale over. So he’s african, but i think he’s one of the good ones it seems.
One million sales? It needs to be all sales. Don’t buy swasticars.
Honestly surprised it is so low.
For a while, I saw them all over the fucking place, probably 50 on my commute.
These days I see 2-3 and very rarely see the trucks. I wonder where they all are now. I seeing 10 of the trucks per day. Now, maybe one.
You’re kinda lucky. I see them everywhere with their goofy vanity plates, and way too many swastitruks with crazy wraps.
I don’t think they’re all muahaha nazis, but they do have an air of aimless consumer zombies who ignorantly bought something ridiculous to show everybody how cool they are. (Kinda like musk himself.)
And they sure do drive like their “autopilot” could do a better job. Geeze.
As far as most dangerous, aggressive, petty idiots on the road go, my low expectations are tied between “tesla products” and “white pickup trucks with obnoxious stickers and a toolbox.” Followed very closely by “My brand new enormous Mercedes SUV says I can do whatever I want.”
Most of the the jackwagons in my area must have sold them to jackwagons in your area :)
For a while, I saw them all over the fucking place, probably 50 on my commute.
Same. Almost 1 in 3 cars that I saw, at one point, was a Tesla (in certain areas).
They’re still around, but definitely not nearly as many.
I wonder where they all are now.
scrapyards. impossible to fix, written off by insurance for minor crashes. GREEN.
And yet Tesla sales are increasing once more 🤷♂️ People are stupid, don’t care or both.
only in US.
I saw one a week or two ago with several bumper stickers apologizing for Musk and literally explaining that they got the car before we knew.
For as long as Musk has been in the picture, he has been a walking red flag inferno. “I bought it before he went crazy!” Dude, it has been so clear from the beginning he’s crazy, you’re just ignorant AF.
People are so stupid. Even when I told them he is crazy they try to defend the guy. Only now they come with these dumb bumper stickers as they cannot find ways to defend him anymore, so they try to cover their ass with a fucking sticker.
One million so far
Just his politics? Not his holistically shitty personally, face, body, vibe and …aura?
I mean… I don’t know shit about any other car manufacturers. If I were in the market for an EV, and the specs on a specific car sound best for my needs, and you tell me "Did you know the CEO of that car company, has a terrible personality, face, vibe and aura… I’d probably still buy the car.
If you tell me the CEO of that company did a sig heil, created a group to slash pediatric cancer research, helped get the orange cheeto elected, supports the US republican party and the far right german party, constantly tweets and agrees with great replacement theory posts…
Then yeah I’m not buying that car.
CEOs are generally terrible. Anyone who wants to be in charge should on no account be allowed to be.
especially one on DRUGS. that switches between ketamine, cocaine, shrooms, and alcohol.
I feel like it shouldn’t have to be repeated so often but if you’re going to do drugs: DO NOT MIX THEM. That includes alcohol and whatever else you want to do, even fucking weed. Just don’t mix shit.
Musk is a piece of shit nazi whose public opinions are actively harming his companies, but let’s not get all puritanical about the use of drugs. Plenty of people use the drugs you’ve listed (and many more) and aren’t hateful fuckwads.
Nah, tons of savvy, socially-awkward, successfuly ugly mugs exist. This guy’s just a tool.
Sadly if you spend any time on LinkedIn, most management types still look up to him as a role model.
they believe everything he says, and they tell each other how awesome he is…because… they did some bullshit business degree and have no clue how anything in STEM works.
ketamine king, you can order ketamine on the TAP from elons blood. enough ketamine in his system to knock out an small elephant.
All he had to do was stfu and rake in money. How many other car ceos can you name?
Gordon Murray and also ex CEO Carlos Ghosn. First guy is cool and second one is very interesting. He had to get himself smuggled out of Japan
