• Pupscent@lemmy.ca
      link
      fedilink
      English
      arrow-up
      0
      ·
      10 days ago

      Like everyone down there, they feel it will happen to everyone else, not them.

  • HunterLF@lemmy.zip
    link
    fedilink
    arrow-up
    0
    ·
    edit-2
    11 days ago

    The funny thing is, he doesn’t even feel it that much. His ownership of Tesla is peanuts compared to SpaceX, where the contracts with the government are. Just some food for taught 🤔

    • usernamesAreTricky@lemmy.ml
      link
      fedilink
      arrow-up
      0
      ·
      edit-2
      11 days ago

      ? ~60% of his wealth is estimated to be in Tesla shares

      His net worth is definitely affected by Tesla shares declining

        • TheYojimbo@lemmy.world
          link
          fedilink
          arrow-up
          0
          ·
          11 days ago

          It’s not what they were talking about though. They said tesla shares were 60% of his wealth, not that he owned 60% of tesla.

          I can’t find the actual number but it looks like tesla shares were 75% of his wealth in 2020, and fell to 37% in 2022 when he sold some.

          So it’s definitely hurting him

          • HunterLF@lemmy.zip
            link
            fedilink
            arrow-up
            0
            ·
            11 days ago

            So what you are telling me, is that 37% of what he made till 2022 is from Tesla, yes, that is true, but if it fell from 75% to 37% in just 2 years and it most likely fell again till 2024, that amount has to been shrinking due to a larger summ of money coming from another investment with a bigger amount of shares. SpaceX started gaining more money with the starlink project and the governmental contracts, around 2019-2020 and who has the most shares in that company? Is Elon, today his wealth is not coming that much from Tesla, he still made money from it, but we are debating small stuff to what SpaceX represents to him.

            • TheYojimbo@lemmy.world
              link
              fedilink
              arrow-up
              0
              ·
              11 days ago

              Well the subject originally was that Tesla’s drop was hurting elon, to which you said “he doesn’t feel it that much”.

              By doing a quick search, I found that his spaceX shares are worth around $147 billion, while is tesla shares are worth around $98 billion. You are right that spaceX represents more, but it’s not small stuff. And to stay on topic, it seems like the value of his Tesla stock and options has declined by nearly $102 billion since the beginning of the year, which I think is not small even for him.

              While you are right the contracts with the governements are balancing the losses a bit, it’s still a good chunk of his wealth, as it seems he has gone from $443 billion in december 2024 to $380 billion mid february, and I’ll take whatever hurst this mf.

              • HunterLF@lemmy.zip
                link
                fedilink
                arrow-up
                0
                ·
                edit-2
                11 days ago

                I went a bit far from the main subject, what I meant with “He doesn’t feel it that much” is that it’s not enough of pain for him, and SpaceX will be his saving grace to preserve his power. I should have been more precise

                Edit: Plus, I was wrong, I should have researched it a bit more. Thanks for the info

  • segabased@lemmy.zip
    link
    fedilink
    arrow-up
    0
    ·
    10 days ago

    How the hell do Elon and other oligarchs feel so safe to call for a literal civil war? He thinks the other side cares more about fighting Joe Bob more than the billionaires? Such strange delusional behavior

    • afronaut@slrpnk.net
      link
      fedilink
      English
      arrow-up
      0
      ·
      10 days ago

      Historically, that is how elites have always maintained their power, so yes. It’s just a lot more difficult to 1) mobilize an overworked and comfort-seeking populace, and 2) we are more interconnected than ever before.

      The power of propaganda is being seized by the people. We create the content. We cover current and localized events (in actual real time) because it’s our actual communities. We know who is who and what is what.

  • jmcs@discuss.tchncs.de
    link
    fedilink
    arrow-up
    0
    ·
    11 days ago

    He assumed his opponents would kill random people instead of targeting his property.

    He probably can’t even comprehend a worldview where people prefer to attack wealth over taking another human being’s life.

    • reksas@sopuli.xyz
      link
      fedilink
      arrow-up
      0
      ·
      edit-2
      11 days ago

      not damaging a car, what he considers attacking his ego by damaging his worthless scrap heaps. Weight on the word his, as they remain his cars even if you pay for them. he can take control of them or do whatever so you literally can’t even own a tesla, only suck up to musk.

    • rockhard@lemm.ee
      link
      fedilink
      English
      arrow-up
      0
      ·
      10 days ago

      He does think everyone is stupid. You should read the article his first wife wrote about him years ago. He called himself an Alpha among other cringey things during their wedding reception. EM has a superiority complex and bitches about weaponized empathy while weaponizing empathy by claiming to be a victim and, and his father allegedly put it, “retarded”.

    • Letsdothisok@lemmy.world
      link
      fedilink
      arrow-up
      0
      ·
      10 days ago

      What I meant to say was that you’re wrong. Destruction is violent any way you cut it.

      Don’t spout dumb shit so quickly.

      Ask AI if destroying someone else’s private property is a violent act.

      “Say it with me now”

      Ew god… I don’t know why I torture myself like this.

      • explodicle@sh.itjust.works
        link
        fedilink
        English
        arrow-up
        0
        ·
        10 days ago

        Which half of that are you confused about?

        Between this and sharing screenshots to giggle about internet people, you sound like a teenager.

        • Letsdothisok@lemmy.world
          link
          fedilink
          arrow-up
          0
          ·
          10 days ago

          Im not actually screenshoting, but…

          “Property damage is not violence, say it with me now”

          Screams low T soyboy and is a priceless quote.

          But yes, destruction of private property is a violent act.

          • explodicle@sh.itjust.works
            link
            fedilink
            English
            arrow-up
            0
            ·
            edit-2
            10 days ago

            When the threat is credible, words are much more violent than burning a car, sheesh. You’re being manipulated by your desire to be manly. What kind of weakling even cares about threats until the Nazis are at your doorstep, when you can simply fight them off with your big hairy penis.

  • amadeus84@lemm.ee
    link
    fedilink
    English
    arrow-up
    0
    ·
    11 days ago

    Elon has done some impressive things but his voice carry’s as much weight as the president. Even more. To call for civil war seems reckless and will stir up the MAGA side. So with all his money and power he isn’t able to form some kind of mediation between all parties. He could be a beacon of reason and peace with his immense wealth. Why choose this path so quickly.

    • P1k1e@lemmy.world
      link
      fedilink
      arrow-up
      0
      ·
      11 days ago

      Because MAGA doesn’t respect discourse, only shows of strength no matter how sloppy or feeble

    • rumba@lemmy.zip
      link
      fedilink
      English
      arrow-up
      0
      ·
      10 days ago

      Elon has done some impressive things

      The more I look into that, the more I question this.

      He has has bought companies that have done impressive things and tarnished nearly to the point of ruin all but one of them.

      He wasn’t the brainchild behind any of these products; he was, at most, the person who convinced venture capitalists to invest and the one who bargained with lawmakers to allow them.

      I’m increasingly seeing brilliant people who have dealt with him in person mentioning that he has quite sub-par reasoning skills, and we’re seeing more and more of that in the news.

      • segabased@lemmy.zip
        link
        fedilink
        arrow-up
        0
        ·
        10 days ago

        Well documented Elon literally hasn’t done anything impressive. His whole thing is buying into other companies and claiming to be the inventor/founder.

        America on all sides is woefully bad at bullshit detection. Anyone that constantly talks themselves up should be scrutinized relentlessly