• omgboom@lemmy.dbzer0.com
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    17 hours ago

    Elon Musk would still own an enormous portion of Tesla, so if you want Elon to be punished you should never forgive Tesla for enabling Musk

    • Oderus@lemmy.world
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      4 hours ago

      As of February 28, 2025, Elon Musk owns approximately 12.8% of Tesla.

      12.8% is not an enormous portion. It’s shocking how easily people spread misinformation.

      • omgboom@lemmy.dbzer0.com
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        3 hours ago

        He owns over 410 million shares and is the largest single shareholder. That is an enormous amount

        • Oderus@lemmy.world
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          3 hours ago

          It’s under 13% so while he’s the largest single owner, he still doesn’t own an enormous amount. He could easily be bought out.

            • Oderus@lemmy.world
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              54 minutes ago

              I don’t know what the threshold would be… but it would have to be over 50%. If I own 13% of my house, I wouldn’t say I own an enormous amount. I would I own 1/8th my house, which is pretty meagre.

    • Tinidril@midwest.social
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      16 hours ago

      Meh. The only possible reason to keep accumulating after a billion is for respect and power. I’m pretty sure Elon has fucked up both to the point where most of his money gets him nothing. I’m pretty sure he is headed to a “death of despair” type ending before long.

      • parody@lemmings.world
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        12 hours ago

        I feel so bad for him

        Don’t despair Muskquito, people make new friends all the time, even entirely unlikable video game cheaters. There is a nonzero chance you might not die entirely alone. Don’t let the haters following logical trajectories get you down!