the total and utter lack of corporate governance at Tesla, still a publicly traded company for those who care about such things, is nothing short of extraordinary

MSmommunism.bsky.socialOct 16, 2024 7:40am

I am sure this means nothing

Elon Musk's Tesla Just Moved $765 Million in Bitcoin to Unknown Wallets - Decrypt

Tesla has moved the bulk of its Bitcoin to new wallets, though there's no immediate suggestion that Elon Musk's car company is selling.

I mean, I'm sure there's a compelling argument to be made that maximizing Tesla shareholder value depends on leveraging the firm's cryptocurrency holdings to manipulate the upcoming election, I just want to see them make it in a public filing

I'm just sitting here listening to a book on Enron, "Conspiracy of Fools", and then I look over and this shit is happening. 23 years later. No lessons learned.

Lack of governance and integrity was one reason Tesla was not on the starter list when I bought an EV. The chairman/CEO was another 😬

This looks somewhat shady, I'd have to say?