I wouldn’t consider it an unrelated company. All of Musk’s companies are joined at the hip!
JimA
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I don’t disagree; certainly Musk is not without fault but I think NVDA has some culpability in this episode as well.
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Conflict of interests.
Why? If Tesla and X mutually agree that the contract will be assigned to X, why would NVDA have any reason to refuse that?
The problem isn’t with NVDA - it’s that Musk is serving as the de facto head of at least three nominally independent companies that are all operating in the same business space. This makes it literally impossible for Musk to fulfill the fiduciary duties he has to each of the three companies and their shareholders. What’s supposed to happen (other than not allowing the situation in the first place) is that the companies assign the decision-making of these sorts of issues to independent officers of each company. This would allow X and Tesla, in this case, to negotiate at arm’s length over whether it would be advantages for Tesla to assign their NVDA contract to X, and under what terms.
It’s really a problem for Musk to serve as the CEO (or de facto CEO in the case of X) of three different companies that are all competing in the AI space and which are all supposedly independent of each other.
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lol, so many businesses to discuss. Every other post is about Musk.
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The topic is very interesting. It covers climate issues, battery matters, the electric grid, automobiles and their manufacture, etc…
It also involves individuals that rise to the top of the business world and how they manage that.
Musk is acting like a typical divorcee just cutting people off.
Do you that it is cost free? How do you calculate the cost/benefit?
Yes, imagine every other post in a thread about Tesla, X, and Nvdia being about Musk. Shocking, really.
Meanwhile, of the 50 most recent posts the Fool is throwing at me (that’s how I arrange my feed), just 3 are about Tesla or Musk, and two of those are repeats of each other.
Other companies in threads of their own include a bunch of Saul stocks, Microsoft, IBM, BRK, Dr. Pepper, Amazon, PayPal, eBay, Meta, PAYC, and a host of others threads about the EC interest rate changes, Global Warming, international shipping, Solar in Wyoming, hurricane season, bird flu, hydropower, the cruise industry, AI, and a bunch more.
Seems like somebody’s really really sensitive when Elon Musk gets criticized. Super, really really. Maybe if he stopped doing douchey things that would go away?
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Yes, need to set the record straight with all the wokeness and cancel culture that goes on.
Lies and nonsense by Elon haters will be neutralized.
Next up: Starship launch tomorrow.
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Cancel culture? What, like those that try to cancel non-shareholders from having an opinion and those that tell actual shareholders to sell (thus cancelling them) if they disagree?
Musk fanbois are such snowflakes.
Lies and nonsense by Elon haters will be [cancelled].
Fixed that for ya.
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Again, what is this? In all sincerity, what do you mean?
Just looking at the term on it’s face value, it’s hardly descriptive unless you compare it to its opposite.
The reason I’m asking is that it’s difficult to understand how being “woke” is a bad thing. Would I rather be “woke” or lulled / hypnotized / mesmerized? Would I rather be “woke” or groggy / brain-fogged / zombiefied?
Without context, people lashing out against woke come across the same as dumb people lashing out against smart people. No offense intended, just trying to understand what you mean.
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