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by morpheuskafka
1481 days ago
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> Why do you hate arrogant people? At least in American English, the connotation of the word "arrogant" is so universally negative that it would only ever be used to express distaste for someone. Now whether he is arrogant or just (over)confident is another question but I think you acknowledge there is at least a good case for the former. > We want this man to keep investing and running capital. Why? If you ask the folks at the SEC, they probably wouldn't agree with you. From a public perspective, he hasn't exactly been great on regulatory compliance and market protection. From a shareholder/company perspective, he is a major liability. No company ever wants a CEO or any employee that picks fights with regulators, has a massively oversized media spotlight, and entangles the business in unrelated politics and personal fixations. That's textbook bad news for a business. |
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I've used Tesla's products, so as a consumer I'm very grateful for it. I am not a direct investor in Tesla (ie., only via index funds).
The take I can't believe is the SEC should decide how capital gets allocated. Elon created a tremendous amount of value. Both for consumers and for investors. Does he sometimes do things that appear/are dumb. 100%. However, net-net he's been such crazy value add to humanity i can't see why we would want to take this man out.
Is the world really a better place where this man just sits on the beach and does nothing? I think not. You may counter and say, why doesn't he follow the rules like everyone else, well sometimes to get something special we need to make special exceptions.
I think i'm just trying to reconcile that your view is genuine given the age of your account. I'm sadden by this being a real take. We want creators. We want folks to build. It's hard to build to follow all the rules. There are soooo many.