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The Tesla Board’s decision to seek a new CEO is a strategic move to address concerns about Elon Musk’s other commitments. Musk, an early investor in the company, has been heavily involved in other ventures, including his political activities.
He owns ten percent of shares in Tesla, Inc. Musk’s controversial backing of President Trump’s third presidential campaign and significant financial contributions could influence Tesla’s future.
Musk’s political activities have not been without personal cost. His support for President Trump’s policies, including significant cuts across the federal workforce, has reportedly led to a loss of 114 billion dollars of his wealth.
Elon Musk Becomes ‘First Buddy’
The Wall Street Journal reports that the electric car company opened a search to find a new leader even though Musk spent the past two decades as CEO.
However, while Elon Musk managed to earn the ‘First Buddy,’ he has become a “dick” on the side of most Americans. As leader of the newly formed Department of Government Efficiency (DOGE), Musk has made several cuts to the federal workforce.
The most significant portion of a company’s budget is “labor costs, encompassing salaries, wages, benefits, and other employee-related expenses.”
DOGE has reportedly made over 275,000 federal civil service layoffs. At Wednesday’s Cabinet meeting, President Trump all but announced Musk’s departure. Elon has also informed his Tesla bosses that he’s returning to spend more time at Tesla and less time at the White House. Tesla shares have fallen more than 33 percent since Elon Musk’s venture down DOGE road.
“Think globally, but act locally.”
It is crucial to be forward-thinking but not a forward person. “Be kind to everyone you meet because each carries his heavy burden…” Plato.
Embrace the three Constants: Change, Justice, and Rightness.
The thought police are busy at work trying to suppress free speech. If allowed their march to madness, they will arrest your very thoughts.
Free ‘Speech is thy Lord.’
