Summary
Dutch pension fund Stichting Pensioenfonds ABP sold its $585 million Tesla stake over concerns about Elon Musk’s “controversial and exceptionally high” pay package and unspecified labor conditions.
ABP previously voted against Musk’s performance-based compensation, which has faced shareholder lawsuits and judicial scrutiny.
A Delaware judge recently invalidated the pay package, citing insufficient shareholder approval.
While Tesla’s Model Y remains popular in the Netherlands, European sales fell 15% in 2024.
ABP stated the divestment was not politically motivated despite Musk’s ties to the Trump administration.
Because it’s massively over-valued, the board is a bunch of Musky Bro-hoes (also sometimes family…) signing off whatever the fuck Musk says; while it’s being led by a Ketamine-addled Nazis with the emotional development of a child.
Why anyone still holds Tesla, is beyond me.
Some people truly believe in Musk and the brand. Those people are dipshits, but if you excluded dipshits from your market predictions, you would always be wrong.
But pension funds have a responsibility to go long, and while Tesla may rise or fall on Musk’s digital bowel movements, volatility is the problem.
There are people like my younger brother who believe that Musk is a pure genius, likes Bezos a lot, and is entirely sold on the idea that billionaire philanthropy is somehow a good and positive thing for regular people.
christians in particular like to imagine that god blesses those who are “good” with wealth, and that therefore wealthy people must be “good” because otherwise they wouldn’t be wealthy.
This then gets absorbed into more secular thought with “well they’re successful so they must be skilled”.
Truth is, his daughter-grooming daddy owned an emerald mine in Apartheid South Africa and got his seed-money from that. So he’s neither “good” nor particularly “skilled.”
That’s funny, because prosperity gospel is just there to indiscriminately wrench away money from the most desperately impoverished people imaginable. To think, it’s doing double work by lionizing oligarchs. It’s the purest form of evil, if you ask me.
it’s not even prosperity gospel- that isn’t about being good. Just that god will make you rich if you make Joel Osteen and his ilk rich.
Funny how that doesn’t work. (and yes… it’s fucking evil.)
The way Osteen and the other demons justify their wealth is that God appointed it to them.
I don’t understand why people mention the ketamine. If he truly did a lot of ketamine he’d be far nicer. It gives a dreamy feeling where your opinions on matters are much more down to earth. You don’t overthink and live more in the moment. If anything, Muskyboi should do a lot more ketamine.
That is complete nonsense, ket can make you a enraged, confused dumbass after chronic use, I’ve seen it happen.
Enraged? Lmao. That seems to be the only nonsense that’s been posted here. I’m not even going to entertain that misinformation. Whatever person you saw become a dumbass was already destined to be a dumbass, and the ketamine did not help.
Confused I’ll confirm, although mostly from an outside perspective. Ketamine is considered a dissociative because there’s no loss of awareness. It dissociates awareness from body, creating new perspectives. How one reacts to that is up to the person themselves, it doesn’t alter that. From what I’ve seen it’s either no change or personal growth.
I’m saying this because mentioning ketamine is just anti-drug mentality and has nothing to do with how he is as a person. I don’t like the new Muskyboi, but mentioning something most people here know absolutely nothing about is just bad taste.
Drugs don’t change people. Plenty of murderers smoke weed, and no sane person arguing in good faith would say weed makes you violent.
I know hundreds of ketamine users. I have been in legal drug education and have a lot of personal experience too.
Drugs do not change behavior, but perspective does. Psychedelics and dissociatives alter perspective, and it’s a fact that people alter their behavior depending on their perspective.
Muskyboi has a huge ego, most likely because of some grandeur perspective. But that’s the opposite of the perspective one has on ketamine.
Yes psychedelics change perspective but you can still be a cunt. It’s not a silver bullet unfortunately otherwise we’d have been in utopia after the 1960s.
So do you just not believe all of the various people who have watched or done Ketamine with him?
His own friends say that he microdoses Ketamine daily and macrodoses at parties.
I’m saying mentioning ketamine is useless and its impact on Musk is meaningless. The amounts he’s taking are either too small to be mentioned, or not high enough to drop that stupid nazi perspective.
I think ketamine is an absolutely amazing substance with a lot of positive psychological effects, but mentioning it when talking about Muskyboi and Nazis is useless. It doesn’t change the man. He just likes to do it, who cares?
Oh. I get you know, and I agree. He would be the same racist prick with or without substances.