General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsElon's Choice
When you find yourself in a pit of misery based on your own poor decision-making skills, you have four (4) options. In ascending order of desirability (from the standpoint of ending your misery) the options are:
1) Keep digging;
2) Freeze - do nothing and wait for a deus ex machina to rescue you;
3) Quit, climb out, and run like hell; and
4) Learn, change, and do something creative with the pit.
It looks as though Elon has certainly rejected #2. What I can't really tell is whether this: Twitter needs a new CEO in wake of Musk's resignation represents a choice of #3, #4, or an attempt to have #1 and #3 simultaneously.
Elon's only comment recorded so far is "I will resign as CEO as soon as I find someone foolish enough to take the job! After that, I will just run the software & servers teams," he tweeted.
The problem with #4 is that it involves a certain measure of heightened misery in the short term as you recognize how you got where you are, and own up to those poor decision making skills, with the attendant humiliation involved. Those of us who've been in such a pit and have tried #4 can attest that "humiliation" can be a necessary step in the development of "humility" (two very different things). And that "humility" is the beginning of wisdom, and that wisdom is, indeed, the surest road, not just out of that particular pit of misery, but away from digging future pits for yourself.
But it's not fun. It's the hard choice.
So... I'm going with "Elon is attempting to have #1 and #3 simultaneously" and hoo, boy.... those of us who've also tried that will be popping the popcorn.
interestedly,
Bright
dchill
(38,609 posts)Joe Cool
(751 posts)He has to give up one of his companies.
genxlib
(5,547 posts)That ship sailed somewhere between his birth and first billion.
I find the whole CEO thing to be an irrelevant clown show. It doesn't matter whether he is CEO or appoints some puppet to do his bidding. He is the owner. He will do whatever he wants regardless of the title.
It better to stop thinking of this like a company and more like a sports franchise. Do you know that the Dallas Mavericks have a CEO? Do you believe for one minute that anyone there does anything without the approval of Mark Cuban?
The only thing that will reign him in is some economic reality as he gets caught between is users, advertisers and lenders. We started to see some of that early on when he started to make some conciliatory moves towards his advertisers. But ultimately, it looks like he taking the "screw them-burn it all down" approach.
We shall see.
usonian
(9,963 posts)From:
https://www.yahoo.com/news/elon-musk-donald-trump-2-101911415.html
Analysis: Musk and Trump, 2 disrupters face reckoning
Even though Trump has failed multiple times, hes always been protected by family money and amazing luck," Dezenhall said. "While Musk is a genius, hes had the good fortune to have built multiple businesses on government funding rather than in the bruising free market.
"It wouldnt be the case for the rest of us.
Musk gets a lot of money selling carbon credits, in addition to autos. Now, there is real competition.
Elon Musk, Tesla & SpaceX income from Carbon Tax Credits, Bitcoin and Government Subsidies
https://lynxotic.com/elon-musk-worlds-richest-person-derives-more-income-from-carbon-tax-credits-bitcoin-speculation-and-government-contracts-than-from-any-other-business-endeavors/
Less from bitcoin these days, it seems. Second richest after tanking Tesla.
OAITW r.2.0
(24,759 posts)He's got to show the Tesla board and stockholders that he's back and focused on this company, as well as Space-X and his other business entities. So, he's looking for someone to be the CEO/fallguy for Twitter. But this person's main task will be Elon's sock puppet....taking his marching orders from Elon, without Elon's hands showing.