• Buffalox@lemmy.world
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    22 hours ago

    It may be their plan, but I think that stock is already on shaky ground. Tesla car sales are declining and they are probably running on deficits now, and energy projects are not going anywhere fast.
    The moronic Optimus robot Tesla plans to make is already surpassed by Xpeng, with way more convincing presentation of their humanoid robot Iron, and where Xpeng uses in-house chips something Tesla doesn’t have. And robotaxi is an obvious flop that is also going nowhere. Everything Tesla is falling more and more behind.

    How that stock hasn’t already collapsed IDK.

    • Triumph@fedia.io
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      22 hours ago

      Oh sure, the stock price is shaky because Musk is a Nazi and people recognize it, as well as their products not at all living up to the hype, and Musk doing things like only using cameras for any self driving.

      The Musk compensation package itself won’t effect the stock price, though, unless you count it as “throw it on the pile of injustice”.

      • Buffalox@lemmy.world
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        22 hours ago

        The Musk compensation package itself won’t effect the stock price

        Maybe not as long as it’s just a piece of paper, but as soon as this compensation begin to actually have to get paid, you can bet it will have an impact.
        I sincerely hope the Norwegian fun pulls out, and even if they try to do it slow to not impact the stock value to much to get as much out as possible, there is no way you can put 5% of the stock back to the market without it having an impact.

        • Triumph@fedia.io
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          22 hours ago

          It’s not in the market, though. It’s in Musk’s account, and that’s where it’ll stay (for the most part). Especially options.

          • Buffalox@lemmy.world
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            22 hours ago

            Doesn’t matter, when the stock is registered it’s diluted, and will impact the numbers in earnings per share, and the total stock value of the company.
            You can’t just issue stock, to increase the value of the company, the stock price will always go down when you issue a significant amount of stock.

      • krashmo@lemmy.world
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        19 hours ago

        There’s a fair amount of EVs on the market in the US that aren’t Tesla’s or Chinese. It’s a market segment growing every year.