Skum has got to be hearing from his board and shareholders. I would be shocked if there aren’t lawyers currently arranging a class-action lawsuit against him, for recklessly tanking the stock price, and the board of directors for not reigning him on or firing him.
The decline of the stock and the company brand image is DIRECTLY attributable to his personal behavior. Any idiot could have predicted the harsh negative response to his gleeful pyschopathic antics, and as a supposed genius, he should have known this.
Its already too late for Tesla. It was one of those magical stocks that was far too expensive for its fundamentals, and now that the bubble has popped, it will never inflate again. Tesla is now just another unprofitable experimental car company, and like all that have come before, it will go bankrupt in a few years.
Skum is directly responsible for that, and his net worth will suffer greatly for it. Even more unfortunately for him, the net worth of his shareholders will also suffer, and they will eventually want to take it out of his hide. Tesla will be the first to go, but eventually all of his companies will tank. Its just a matter of time.
All he has to do is step back. People have short memories. He has enough wealth to weather it until people forget and start buying Tesla again, especially if Trump keeps throwing him contracts to keep up the stock for a year. I wish there was better news, but unless sales flat out stop and the stock crashes, he wins. And the board will kick him and say “see, it’s fine now”, pushing aside the fact that his whole wealth is based on the stock, so even if he’s out, he benefits. That said, could he leave Tesla without the stock cratering? So maybe there’s a way he’s held accountable. But sadly, I wouldn’t hold my breath.
Skum has got to be hearing from his board and shareholders. I would be shocked if there aren’t lawyers currently arranging a class-action lawsuit against him, for recklessly tanking the stock price, and the board of directors for not reigning him on or firing him.
The decline of the stock and the company brand image is DIRECTLY attributable to his personal behavior. Any idiot could have predicted the harsh negative response to his gleeful pyschopathic antics, and as a supposed genius, he should have known this.
Its already too late for Tesla. It was one of those magical stocks that was far too expensive for its fundamentals, and now that the bubble has popped, it will never inflate again. Tesla is now just another unprofitable experimental car company, and like all that have come before, it will go bankrupt in a few years.
Skum is directly responsible for that, and his net worth will suffer greatly for it. Even more unfortunately for him, the net worth of his shareholders will also suffer, and they will eventually want to take it out of his hide. Tesla will be the first to go, but eventually all of his companies will tank. Its just a matter of time.
All he has to do is step back. People have short memories. He has enough wealth to weather it until people forget and start buying Tesla again, especially if Trump keeps throwing him contracts to keep up the stock for a year. I wish there was better news, but unless sales flat out stop and the stock crashes, he wins. And the board will kick him and say “see, it’s fine now”, pushing aside the fact that his whole wealth is based on the stock, so even if he’s out, he benefits. That said, could he leave Tesla without the stock cratering? So maybe there’s a way he’s held accountable. But sadly, I wouldn’t hold my breath.