And politics, well, only for people who do not agree with him it is an issue. But that's normal in politics, is it not?
Excluding a part of the population for no practical reason at all is bad business. But when the politics becomes extremist, that share becomes huge, and it becomes disastrous business.
Some people are motivated enough to lose business for their principles. But the guy's principles is "big business is right"... I'm not sure what he wants to achieve.
Companies do this all the time though. The trade off is, of course, that you get more support from customers the other side.
> But the guy's principles is "big business is right"... I'm not sure what he wants to achieve.
This is not an accurate representation. For example, the Twitter acquisition followed a period of Twitter (and most other social media) banning a lot of conservative accounts for publishing truthful reporting (New York Post) or actual satire with the disfavored political leaning (Babylon Bee), at which point Musk did a Twitter poll asking the entire site if Twitter adheres to the principle of free speech:
https://x.com/elonmusk/status/1507259709224632344
70% said it didn't, so he bought it.
This upset a lot of people (not least the people who liked the preexisting system that tended to ban their political opponents) and they've been characterizing everything he does in a negative light since. So then you'll get a lot of stories about a left-leaning account being suspended with the implication that he's just doing it the other way now, with no investigation into whether the suspension was deserved, or just characterizing the unavoidable false positives and false negatives in moderation as a willful bias etc.
That isn't to say he's a saint, but the impression you'd get from reading a lot of this coverage is that he's the devil.
70% of his followers and/or who saw the poll said it didn't. Hardly a valid survey by any best practice among pollsters.
If by "do this all the time" - you mean pander towards a specific affinity group, then I agree. Patagonia's politics are well known.
What's less common is for CEOs to reverse polarity and publicly declare loyalty to a party in opposition of the products alleged mission.
Take at a look at the list of US states by vehicles per capita or vehicle miles driven per capita. Red states at the top. If you're trying to get people to buy electric cars and stop burning oil, those are the ones you need to convince.
Aside: do you believe that Elon's actions are motivated by the desire to reduce gas emissions in red states, or is this more of a thought experiment? My hot take is that his frustrations with Covid lockdowns in California kicked his animus toward Democratic party politicians into high gear.
They do when they run a charging network.
Also, it's easier to sell an electric car to someone who is going to put a lot of miles on it because of the lower cost per mile, and does more good if the goal is to reduce CO2.
> do you believe that Elon's actions are motivated by the desire to reduce gas emissions in red states, or is this more of a thought experiment?
It's a counterpoint to the notion that progressives who live in cities and ride mass transit are the people the CEO of a car company has to appeal to. Whether the goal is to make more cars electric or just to sell more cars.
> My hot take is that his frustrations with Covid lockdowns in California kicked his animus toward Democratic party politicians into high gear.
That's probably not irrelevant.
The problem with politics right now is that everyone sucks and instead of trying to do better they all just want to tell you that the other side sucks worse, which causes aggressive polarization when most people are only listening to one side's pundits or the other. Everyone is being told that they need to vote against the enemy without ever being told what they're voting for.
People (Musk not excluded) then end up in one bubble or the other and the people in the other bubble are obliged to hate them out of tribal loyalty. Which especially rubs people the wrong way when it's someone who isn't squarely in one tribe or another.
Nobody blinks an eye when a Texas oil billionaire takes the conservative position on some issue.
> the Twitter acquisition followed a period of Twitter (and most other social media) banning a lot of conservative accounts for publishing truthful reporting (New York Post)
The NY Post's Twitter has been banned multiple times, including the most recent one that happened in March 2023, well after Musk's takeover of the company.
> or actual satire with the disfavored political leaning (Babylon Bee)
Yes. Twitter had terms of use. And posting hateful and targeted attacks misgendering people was against their terms. This wasn't some "THEY'RE PERSECUTING ME FOR MUH CONSERVATIVE BELIEFS!". This was just flat out them being unambiguous assholes.
They were, in particular, suspended immediately prior to the 2020 election over a story that was substantially accurate.
> Twitter had terms of use.
Everything has terms of use. All of the terms of use are purposely written so that anything the company wants can be construed as a violation.
But also, "misgendering people" is a point of political dispute. "We prohibited the opposition's politics and then banned them for it" is in fact what they're objecting to.
If I ask you to call me Bill and you keep calling me William, you're an asshole. I don't know how misgendering people is any different. Just call people what they want to be called. You don't have to turn this into some ideological battle.
If your gender is like your name, which you can choose yourself, then it can't be bound to anything you can't change, like your chromosomes or the hormone levels you had during puberty. In other words, it can't map to biological sex. Which, okay, that's kind of the idea, isn't it? Someone wants to have sex male but gender female.
Except that then nobody really cares about gender at all. When you want to have things like women's sports or prospective dating interactions in which people may want to have biological children or anything else where sex differences actually matter, what people want you to declare is not your gender but your sex.
This then becomes the motte and bailey where gender is supposed to be different than sex but somebody who has reason to actually care about sex is then told that they have to accept gender instead or they're a bigot, as if they aren't different. And that is the point of political contention.
The difference with pronouns/gender is that they depend on and proclaim external facts. ("She" is used for women and by going by she, I am a woman.) And by asking someone else to say that I am a woman, then really, aren't I forcing someone to change their definition of "woman"/"man"? Why do I have the right to force someone to do that?
Out of curiosity, if someone asked you to use plural pronouns for them, would you? (This is hard to ask in English, because "your" is used for both singular and plural subjects, and "they" has also commonly been used for both singular and plural as well, but imagine) What about pronouns in other languages? Do you really think that in communication, the other speaker shouldn't have any say in any of this?
I don't appreciate comments that suggest that someone you're discussing is an "asshole" for doing something you disagree with and don't think that contributes to the conversation.
You’re omitting that they had to make targeted attacks to be banned. You could talk in the abstract all day, as so many did, and never have a problem - it was only when they started targeting specific people who didn’t consent to some kind of debate. This is like going into a gay bar, yelling in some dude’s face that homosexuals are going to hell, and then whining about oppression when the bouncer tells you to leave.
I'm not quite sure that Trump's publuc would rush over to buy Teslas.
This does not tell me anything. Maybe the republicans just have better arguments this time. Or the other way around. And then the losing side after elections may have to grind their teeth for a while. That is the way it is supposed to be.
No, it does not. Not buying something from someone does nothing to impede their right to free speech.
And your argument applies to the right-wing when it comes to left ideology as well. Like the Bud Light boycott.
I want to push back on something here because I am centrist, even right-leaning in some respects. What Elon Musk has done is not normal. Donald Trump is not normal. He is dangerously unfit for office. The tactics he and Musk have engaged in (such as courting and amplifying extremist groups) have nothing to do with ordinary civil discourse between "conservative" and "liberal" philosophy or policy proposals. And it's a false equivalence to suggest that they do.
https://www.theatlantic.com/ideas/archive/2024/06/gay-rights...
These people shouldn't complain when their is no creativity left in society.
The size of Musk's ownership stake adds another layer to this metric, but at the limit, that really that just means the words "they" in my previous statement can be replaced with "Elon Musk"
That is one philosophy:
* https://en.wikipedia.org/wiki/Friedman_doctrine
* https://en.wikipedia.org/wiki/Shareholder_primacy
It is not the only one:
* https://en.wikipedia.org/wiki/Stakeholder_theory
* https://corpgov.law.harvard.edu/2012/06/26/the-shareholder-v...
They do not actually.
* https://archive.ph/VCUp4 / https://www.ft.com/content/7bd1b20a-879b-11e5-90de-f44762bf9...
* https://www.pqmagazine.com/the-myth-of-shareholder-ownership...
* https://www.forbes.com/sites/petergeorgescu/2021/07/21/the-s...
* https://edwardslaw.ca/blog/shareholders-agreements-in-canada...
* https://www.ippr.org/articles/who-owns-a-company
* https://www.cambridge.org/core/journals/journal-of-instituti...
They have certain claims, but so do customers, suppliers, employees, governments (taxes), bond holders, etc. The claims of shareholders come last, which is why owning stock gets you higher returns (than, e.g., bonds from the company): you're at highest risk of losing money from being last on claims, so you should be rewarded for that higher risk.
Having IOUs from the company in the form of future goods or services owed to customers, interest payments owed to debtholders or future taxes owed to the government do not equate to having an actual ownership in the business.
50% is a big chunk of your target market to piss off
That second part is at risk, and if Elon's decision making power has been better reduced, they'd probably be really far ahead of where they are now.
Yes exactly in politics and not in business, in particular if you are the CEO.
Well, it has actually worked for him. The world makes a lot of exceptions about etiquette for him.
Well, he's expecting some reciprocity from the next administration for all his help, and Trump has said openly that he will support EVs as a consequence of Elon's strong support.
The idea that it has anything to do with Tesla, as opposed to anything else, is a bit weird.
If one or two Republicans like the idea of EV subsidies without union labor, their votes could have shifted everything. But of course, there was universal condemnation of these polices by all Republicans.
At the time of Biden's electic car summit in 2021 to which Tesla was not invited, Telsa had 75% of the EV market in the US.
The idea that US's EV policy didn't have anything to do with its largest EV company is perhaps surprising.
https://www.caranddriver.com/news/a61935592/ford-cancels-thr...
At this point, it feels more like a ban on affordable mainstream EVs than an anti-price-dumping measure.
What strong support? I recall that Elon publicly announced he was going to do a massive contribution to Trump's campaign fund, and then he announced like two days later that he wasn't going to do it.
On the flip side, support for the EV tax credit will probably be phased out if Trump wins according to recent articles I've read.
So then it seems it's not necessarily business logic but more about personal ego, etc.
I don't think he has publicly announced anything like that. Actually, he denied it.
https://www.theguardian.com/technology/article/2024/jul/24/e...
If you want to spend millions you have to give it to a super PAC. The difference is that the super PAC cannot coordinate directly with the campaign.
That part is not super closely monitored, and the fig leaf of separation is nanometers thick.
https://www.wsj.com/politics/elections/elon-musk-has-said-he...
… and you might want to check with the source before saying he didn’t announce anything:
I guess you just ran your own misinformation.
Source?
Recent news says otherwise.
https://www.reuters.com/world/us/trump-says-he-would-conside...
https://www.thestreet.com/electric-vehicles/elon-musks-endor...
What Trump is really saying is that he's for sale.
Trump also told the oil industry he's for sale. He said they should give him $1 billion and that would be a "deal" because he would help them avoid taxation and regulation:
https://www.washingtonpost.com/politics/2024/05/09/trump-oil...
Everything is transactional with Trump. He's only interested if it benefits him personally. He only cares about himself.
https://www.newsweek.com/joe-biden-rewards-donors-admin-posi...
https://www.barrons.com/articles/trump-harris-election-campa...
I feel that what Trump says out loud publicly others say behind the cameras away from mics with a wink and a nudge.
https://www.cnbc.com/2024/07/26/two-billionaire-harris-donor...
His word is worth nothing.
I don’t know about this. Virtually all CEOs of tech companies bent over backwards to support BLM and many donated tens of millions to those BLM affiliated organizations - many of whom turned out to be grifters. But if anyone takes a public stance supporting an opposing political ideology, suddenly it is a huge controversy for CEOs to be political? Or take something that liberal societies support like free speech - when Musk advocates for a minimalist approach to moderation it suddenly becomes “fascist”?
To me the hyperbolic outrage in response to Musk just seems like a dishonest power struggle, where people on the political left are bent on only allowing their voice and influence in society.
There has been nothing minimalist in Musk's moderation, he's been banning people on twitter all along. His whole free speech thing turned out to apply only to speech he likes and ban the rest.
I'm in the process of buying my 3rd Tesla, because I still don't think there's anything better out there (based on my personal needs). I'm not making any political or moral statements. I'm just buying an excellent vehicle.
Consumers are free to make choices based on anything they want: but whining in public about how some tweets affect your opinion on a car is not the same thing as privately making choices. This subject was opened for discussion and it remains open.
Also unlike artists, the head of a company oversees hundreds or thousands of people. Their whims and actions likewise have direct impact on people’s lives.
personally, my purchase decisions do not include the personality or celebrity of the company (CEO or otherwise).
There's objective measures you compare against another product (like price, looks, performance, quality etc), and you choose the best fit.
Looks is not an objective measure. You buy a nice looking car because its look evokes positive feelings in you. But other things can evoke positive feelings by association. The brand itself, marketing campaign, corporate image. For many, these (usually carefully cultivated) associations are overshadowed by a loud, controversial, partisan CEO who doesn't evoke positive feelings.
It used to be that Tesla cars evoked for me feelings of progress, sort of futurism (although I never really digged its rather bland design), eco-friendliness. Nowadays I see a Tesla and feel a low-key disgust.
This is a normal hacker news commenter position, but not a normal consumer position.
One of the first things you learn in a freshman year marketing course is the fact that consumers in general make spending decisions on feeling, not on raw data. It's the reason commercials you see on television are all about vibes, and not remotely about the raw performance numbers. See also: Apple never wastes its time droning on about the specs of their devices in their commercials.
This is why the public persona of Tesla's CEO has a material impact on the company's sales, and why it's hurting the company. I'd argue that Musk has outright disdain for his customers and considers them 'woke,' and is enthusiastically running the company into the ground out of pure spite.
There's also the CEO, who has a huge public profile, deciding to become extremely political, which smart CEOs usually avoid doing because it has little potential to help and lots of potential to hurt.
Especially with Musk's particular choice of which politics he wants to push, which alienate not only customers but also the government political forces. Tesla has massively benefited from subsidies to EVs, but is alienating the political party that has enabled all of that.
If Tesla had been run by a different CEO for the past, say, 3 years, nearly any CEO, I think it would be in a better position.
I really like my Model 3, but I won't be buying it again, and the direction of the Cyber Truck is so repulsive to me that I'm really really against being associated with the brand at all.