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Joined 2 years ago
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Cake day: September 12th, 2023

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  • That’s not only quite defeatist it’s not really true. Everything can be reverse engineered, obviously in some cases it’s not economical, but John Deere tractors and their obnoxious lockdowns are a classic case of where this leads to genuine value for people. JD robbing the farmers of the ability to perform simple repairs and charging huge bucks to do them ends up with costs on your grocery bill. This bill doesn’t directly impact that I don’t believe but it’s the simplest clearest example of why this is important.

    This is brilliant news - we’re all better off for it.











  • it requires near-90% approval of all non-musk held voting shares to make ‘major’ changes like ousting a board member or ceo.

    No, you’re thinking of News Corp and Murdoch’s shenanigans.

    Tesla has a standard structure. He doesn’t own a majority of shares, but he does own a significatn percentage and investors aligned with him combined have enough for him not to be at any significant risk.

    The directors however have a fiduciary duty to act in the interests of all shareholders, so going through the motions of considering a replacement ticks that box.