Post AilRNUb4gLL2JEuJCC by Luna@mastodon.world
(DIR) More posts by Luna@mastodon.world
(DIR) Post #AikhPPTA7azT5tBNYm by futurebird@sauropods.win
2024-06-09T13:18:15Z
0 likes, 1 repeats
There is nothing a single person has ever ever ever ever done or will ever ever ever ever do in all of time and space that merits paying them 56 billion dollars— Madness. Obscenity. Ludicracy
(DIR) Post #AikhtWVsUtV9cxoPUu by rayhindle@mastodon.social
2024-06-09T13:23:39Z
0 likes, 0 repeats
@futurebird Back in the 1990s. I said similar to my, then, boss at work. His reply was that if you don't pay them that, they will leave the country, He didn't take kindly to my reply of “Good!” Could be one of the reasons I was later made redundant from that job!
(DIR) Post #AikiVb3q2MwAjhqr56 by tersenurse@mastodon.social
2024-06-09T13:30:34Z
0 likes, 0 repeats
@futurebird or, to be quite honest, even 1 billion dollars. I do believe there should be a hard limit to individual wealth of 999 million dollars. A billion is simply more money than any one human needs or deserves. Of course, the kind of person who would accumulate 999 million would find a loophole...
(DIR) Post #AikinMBi4cQdox0Bhw by ajsadauskas@aus.social
2024-06-09T13:33:43Z
0 likes, 1 repeats
@futurebird "In Q1 2024, Tesla reported that it made 433,371 vehicles. Of those, 386,810 were actually sold. This means the automaker has an extra 46,561 vehicles it didn’t sell."https://jalopnik.com/so-many-unsold-teslas-are-piling-up-that-you-can-see-th-1851526312Tesla's market cap was several times GM's and Ford's, despite lower profits and revenues.Most of tgat value was hype. The expectation that Tesla would disrupt tge auto industry with EVs, and self-driving tech that never existed.The rest of the auto industry has figured out how to make decent EVs.Elon has completely squandered the massive first mover advantage he had.There's now a glut of EVs.One in every 10 cars Tesla makes isn't selling, and is sitting in an open-air lot somewhere.Elon's talk about Tesla now being an AI company was hype to keep the share price inflated long enough for him to make an exit.He's now trying to rip as much cash as he can personally from Tesla before the bottom falls out of its share price.
(DIR) Post #AikmSKHGNgCtdBpK2y by fkamiah17@syzito.xyz
2024-06-09T14:14:46Z
0 likes, 0 repeats
@futurebird Or even 1 billion tbf.
(DIR) Post #AikoSINNeLzFdtnjfM by anarchic_teapot@lingo.lol
2024-06-09T14:33:13Z
0 likes, 0 repeats
@ajsadauskas If you look at Tesla's published accounts, as I did recently, you'll notice their inventory has been increasing dangerously every year, to the point where - IIRC - they're essentially using their loans to finance their unsold products. This is not the sign of a healthy and viable company.@futurebird
(DIR) Post #AikoSJdix4edYsSImO by futurebird@sauropods.win
2024-06-09T14:37:10Z
0 likes, 1 repeats
@anarchic_teapot @ajsadauskas They had so much goodwill and social cache … a luxury brand image, an emerging market— all squandered.
(DIR) Post #AikpzuZkkICJcvBJxo by obviousdwest@hachyderm.io
2024-06-09T14:54:22Z
0 likes, 0 repeats
@futurebird If I owned Tesla stock, I would consider that theft. Giving away a big fraction of the value of my shares that will not bring me an equal or greater return. In my view paying Elon a billion or two to *leave would probably increase the value of my shares. If they have $56B laying around and don’t want it for expanding the business, just give it to current shareholders owners in proportion to their holdings. The marginal benefit of giving it to Elon is not high enough.
(DIR) Post #AikrNeWiAQRGkudxGi by tleekeene@mastodon.social
2024-06-09T15:09:57Z
0 likes, 0 repeats
@futurebird Oh you mean BasebalL!
(DIR) Post #AikrbtfQfh4jleVswq by futurebird@sauropods.win
2024-06-09T15:12:33Z
0 likes, 0 repeats
@tleekeene no player ever got that much. 56 million maybe?
(DIR) Post #Aikshge06UHX4LAakC by maxthyme@mastodon.social
2024-06-09T15:24:47Z
0 likes, 0 repeats
@futurebird Try to imagine a job where it makes sense to be paid 100 million a year. Now think about how if you did that for a thousand years you still wouldn't be richer than Bezos and Musk.
(DIR) Post #Aikw4wcr9OI39qPsCe by profdc9@mastodon.social
2024-06-09T16:02:34Z
0 likes, 0 repeats
@futurebird Renumeration has never been about the value of one's work. It's about one's status and ability to coerce. Did kings earn their lands that the serfs worked? Did conquerors earn the lands and spoils paid for by blood? Musk is doing what kings and conquerors have done since armies and nations have existed: taking what he can.
(DIR) Post #Aikwcj12G5qinDpkbw by tompearce49@mastodon.scot
2024-06-09T16:08:40Z
0 likes, 0 repeats
@futurebird - I agree wholeheartedly. It is utterly inconceivable that anyone should be worth that kind of money, money that, like s**t, is of the most use when spread around. It is an utter perversion of economics and an affront to those who try to survive on the dregs after these egotists have creamed off so much.
(DIR) Post #Aikwlgx1Ix0EzmEOXo by philip_cardella@historians.social
2024-06-09T16:10:18Z
0 likes, 0 repeats
@futurebird I'd even take away three zeros and still say this is true.
(DIR) Post #Aikz3qPn3XXxT6TJRI by Ricardus@mastodon.sdf.org
2024-06-09T16:35:59Z
0 likes, 0 repeats
@futurebird TRUTH
(DIR) Post #AikzzQQxoLiVgYTeuO by danherbert@mastodon.social
2024-06-09T16:46:23Z
0 likes, 1 repeats
@futurebird Assuming Tesla has sold 6 million vehicles in total (the exact number is probably lower, but not far off) that bonus is equivalent to almost $10k for every vehicle they've ever sold.That's on top of his existing compensation. Even if one were to argue it was "deserved", I don't see how that works out financially. The company's revenue has been slowing down; that kind of compensation bump seems irresponsible just looking at the business side of things.
(DIR) Post #Ail2O2ddcSeX25Gst6 by SpinozasHeresy@qoto.org
2024-06-09T17:13:17Z
0 likes, 0 repeats
@futurebird Actually, it’s merited if you have a contract. And he does. Not condoning. Just reporting.
(DIR) Post #Ail2USSkWAQYrZEoAi by ntrembath@mastodon.social
2024-06-09T17:14:23Z
0 likes, 0 repeats
@futurebird What if $56B were the prize on Billionaire Highlander (“There can be only one”)?
(DIR) Post #Ail2XPz0C5xi2ajeLo by futurebird@sauropods.win
2024-06-09T17:15:00Z
0 likes, 0 repeats
@ntrembath tempting.
(DIR) Post #Ail4IbeshcTzofOAts by decapitae@mastodon.social
2024-06-09T17:34:43Z
0 likes, 0 repeats
@futurebird Agreed. Also, Unchecked Greed Insulation Privilege Arrogance Hubris Apathy....
(DIR) Post #Ail5eUxUOQi7MV5yU4 by tuban_muzuru@ohai.social
2024-06-09T17:49:45Z
0 likes, 0 repeats
@futurebird Here's the problem as I see it:Capitalism creates wealth and can sustain the world, properly managed.Capitalism also concentrates wealth, but if we make sure everyone benefits, the locomotive of commerce can pull us all down the tracks to a modicum of prosperity. But who's going to do this taxation and distribution - but can't be bought off? Because what we have now, all the regulators are in the trick bag for the owners. What about the workers? We know how...
(DIR) Post #Ail9Le3kjOGtu2I5Am by Uair@autistics.life
2024-06-09T18:31:18Z
0 likes, 0 repeats
@futurebird Give it ten years. Fifty six bil will probably just about buy a gallon of milk by then.:)
(DIR) Post #Ail9e9VkX9C4f1D8YS by smellsofbikes@mastodon.social
2024-06-09T18:34:36Z
0 likes, 0 repeats
@futurebird I could do his job 1/10 as well for 1/10,000 the money, which means I'm a 1000x better value than he is.
(DIR) Post #AilFXxpndLI6Qx1Oa0 by mintyfresh@mastodon.social
2024-06-09T19:40:44Z
0 likes, 0 repeats
@futurebird End stage Capitalism. More and more capital being shifted from the less rich to the very rich. This shit brings down empires.
(DIR) Post #AilLxuYX2qk9WHhUdU by TheNovemberMan@bookstodon.com
2024-06-09T20:52:40Z
0 likes, 0 repeats
@futurebird 👍💯👍
(DIR) Post #AilMLuHzgjerdtPIRc by phatmic@mastodon.gamedev.place
2024-06-09T20:57:01Z
0 likes, 0 repeats
@futurebird just like an office job should pay less than a labour job but they don't, people complain about sending a few emails for $100K a year while someone builds their house for minimum wage. This is what needs to be addressed, not "low" pay of office workers.
(DIR) Post #AilMyHtqLyUhsCPcEC by gentrifiedrose@mastodon.social
2024-06-09T21:03:56Z
0 likes, 0 repeats
@futurebird Not even heart transplant surgeons deserve that much. I'd be willing to give it to women who sacrifice their lives to rescue orphaned children during war but even then, its obscene. Criminal.
(DIR) Post #AilOBrYFDFYYACLX8q by not2b@sfba.social
2024-06-09T21:17:35Z
0 likes, 0 repeats
@futurebird Not to mention that he wants that amount to work part time, while he devotes most of his attention to X and SpaceX, and he is actively wrecking Tesla by alienating customers. Liberals and progressive people are interested in electric cars, the wingnuts he courts aren't, so Tesla sales are dropping. Tesla stockholders should tell him to get lost.
(DIR) Post #AilRNUb4gLL2JEuJCC by Luna@mastodon.world
2024-06-09T21:53:19Z
0 likes, 0 repeats
@futurebird Most of Musk's success is the work of orhers.
(DIR) Post #AilbABCWU2sFvliKhM by grumble209@techhub.social
2024-06-09T23:42:57Z
0 likes, 0 repeats
@futurebird What if they ate Elon *and* Peter Thiel on live stream? That ought to be worth a lot.
(DIR) Post #Ailih6G0aJeRpizNlA by andrewfeeney@phpc.social
2024-06-10T01:07:18Z
0 likes, 0 repeats
@futurebird Suppose I personally surveyed, designed and developed, mined and refined the raw materials, manufactured the machinery tools and components drilled, lined, constructed, the tunnels and stations, fitted out, landscaped and marketed about four modern underground metro lines, would you pay me 56 billion for that?
(DIR) Post #AiljSOlbaH4KqmK14a by andrewfeeney@phpc.social
2024-06-10T01:13:04Z
0 likes, 0 repeats
@futurebird Note this would take me at least a couple months so I’d need you to cover some accommodation and food expenses too.
(DIR) Post #AiljSQ0swwsyiSTjWq by andrewfeeney@phpc.social
2024-06-10T01:14:25Z
0 likes, 0 repeats
@futurebird I’d probably have to watch some YouTube clips to learn some of the skills I don’t yet have mastered. Metallurgy, geology, civil and structural engineering, you know that sort of thing.
(DIR) Post #AiljSQbkjsNOYnjAzg by futurebird@sauropods.win
2024-06-10T01:15:54Z
0 likes, 0 repeats
@andrewfeeney Uh oh.
(DIR) Post #AiljVtxU4SVaSSY4DQ by andrewfeeney@phpc.social
2024-06-10T01:16:29Z
0 likes, 0 repeats
@futurebird I mean how hard can it be?
(DIR) Post #Aimq6xaUKo67JLo3ii by zvavybir@social.zvavybir.eu
2024-06-10T14:05:09Z
0 likes, 0 repeats
@futurebird What about causing hyperinflation?
(DIR) Post #Aimqzx2M5CxNWy3wwa by futurebird@sauropods.win
2024-06-10T14:15:04Z
0 likes, 1 repeats
@chu @ajsadauskas Years and years ago despite living in NYC and not really knowing how to drive I can remember musing “well if I ever HAD to get a car I could get a tesla that would be kinda neat… maybe I could even hack it something..” I don’t even like to admit that now (though once they get bricked and go crazy n the junk market it might be fun to take them apart.) That’s all gone and e-bikes are more fun.
(DIR) Post #Aimr8LE22FGurlWcL2 by jstatepost@mstdn.social
2024-06-10T14:16:37Z
0 likes, 0 repeats
@futurebird @chu @ajsadauskas 🥥 First! 🥥
(DIR) Post #AimrJTKyDQo9D64twu by futurebird@sauropods.win
2024-06-10T14:18:36Z
0 likes, 1 repeats
@chu @ajsadauskas I also remember thinking what a smart move it would be for tesla to release a luxury e-bike— LOL as if!It’s like he did everything possible to drive away the contemplative tech nerds with an arty side that were kind of driving the whole brand. When I thought these things I didn’t know about the build quality problems— the bad working conditions— just the haze and image tesla had from media and advertising.
(DIR) Post #Aims3bFX87ox4RWwXg by nix@social.stlouist.com
2024-06-10T14:26:50Z
0 likes, 0 repeats
@futurebird @chu @ajsadauskas The fact that cars are the only vehicle Tesla releases or talks about shows that the EV component has always been, for the people at top, branding.If they wanted a true EV, environmental revolution they would've been first in line to bid on new rail contracts, they would have a whole line of ebikes and other PEV.
(DIR) Post #AinC4N8f4raygBxh7A by Jennifer@bookstodon.com
2024-06-10T18:11:07Z
0 likes, 0 repeats
@futurebird I don't see what a single person would even do with that much money.
(DIR) Post #AinIHw9wmXYYmfPlSq by etchedpixels@mastodon.social
2024-06-10T19:20:48Z
0 likes, 0 repeats
@futurebird I'd maybe nominate Stanislav Petrov for the 56 billion dollars worth of value but not many others.