Facing pressure from Brazil's Supreme Court, Elon Musk has agreed to comply with directives to censor anti-democratic voices on his social network X. This surprising move raises questions about potential changes in other Musk-led corporations, including Tesla.
Elon Musk , CEO of X, has acquiesced to his legal team’s advice and has agreed to comply with directives from Brazil ’s Supreme Court. Originally, he had refused to obey what he perceived as illegal orders to censor anti-democratic voices on his social network. Pressure finally forced Musk to give in.
Musk’s pronounced goal when he purchased Twitter was to connect more people around the world. Much has changed in a mere few years. Thesays Musk has had to come to terms with the power struggle reality in countries other than Brazil, including India and Turkey, where his social network was also compelled to comply with orders to censor certain posts.of approximately 50% per year since 2013 has been accompanied by a buildout of its Supercharger network at a rate of 62%.
To retain his control over Tesla as a publicly listed company, Musk depends on holding a sufficient proportion of Tesla’s shares outstanding to possess the voting power to fend off predatory value extractors. During the 2023 Annual Shareholder Meeting, Muska future Tesla model that would be compact and modestly priced, which was received with robust praise.
The extent of Musk’s voting influence to fend off a substantial Tesla redirection remains unclear. Mix in the company’sto ensure subservience of the Tesla board of directors, and other ways that Musk wields his strategic control. Challenges in Tesla’s production processes and market competition loom darkly in these contexts.
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