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- cross-posted to:
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He is secretly a shareholder in BYD and shorting Tesla. Nothing else makes sense.
Even if he loses hundreds of billions of dollars he’s still richer than like 99% of individual people worldwide will ever be.
I will save the schadenfreude for when he pays for the deaths of men, women, and children who were denied care from the USAID funds being cut.
He won’t though because although what he did is immoral it wasn’t illegal. After all the president of the United States authorised these actions they must be legal.
Financially he’s going to suffer but there’s nothing in law that can be done to him.
We’ve both seen how quickly the legislative landscape can change, let’s not write this loss off just yet.
Musk learned the hard way why other billionaires don’t get directly involved in politics, and buy politicians instead. That way they get what they want, but let the politicians take the heat for pushing through the billionaires agendas.
The problem for Musk is that his ego wouldn’t allow him to sit quietly on the sidelines calling the shots. He had to prove how smart he was, and how he was the only one who could fix the government. Now, he’s pissed off almost everyone, has lost various large foreign contracts for his companies, drove sales of Tesla into the ground, and is watching Trump undo the “brilliant” governmental cost cutting that he did.
And, his ego still won’t let it go, as now he’s suggested he’ll start his own political party. You just know the other billionaires are looking at him and going “What a dumbass!”
And still some dumb Americans will think:
“Billionnaires got a lot of wealth, so they must know what they’re doing. Let them fix it.”
When the actual answer is:
“Billionnaires never once worked as much as we did. They got born with a fuckton of money. Let them eat cake.”
Has absolutely nothing to show for it
But is still the richest person in the world
Which is the worst part of it. Being so rich you can do a royal, life ruining fuckup and still be on top.
Also he did manage to dismantle federal government, so no more oversight and regulations for corporations. That is a pretty huge win for oligarchs and a catastrophy for basically everybody else, which everybody seems to have forgotten about in the general avalanche of shitshows which has been occurring.
Are people that stupid to overvalue Tesla that much for years or is somebody stabilizing the market rate? Somebody is playing 5D chess but it is not Musk.
It’s because so many institutional investors own Tesla stock. Most of the big hedge funds and that kind of thing. At least that’s what I’ve heard, but it makes sense to me.
None of them are geniuses, it’s just really hard to lose at capitalism when you have capital.
Look I don’t like Musk either but even starting off wealthy becoming the richest man in the world takes some doing. He was way ahead of the curve on reusable rockets and EVs and succeed there where a bunch of people failed. I think where he fails is when it comes to protecting his image and maintaining relationships. He’s a thin-skinned narcissist who thinks he’s humanity’s savoir and eventually that got to him.
I guess Martin Eberhard and Marc Tarpenning were just hapless chaps stumbling around in the dark, until Elon lighted their way with his genius vision of how to build an EV. So much so I had to google their names because even I can’t remember them.
Yeah pretty much haha
That…and developing some serious drug habits in recent years
Its a human blind spot. A lot of people confuse wealth for intelligence. In lower socio-economic levels, succeeding involves a lot of intelligence. Its a fucking struggle. Lots of fish trying to eat each other and take what little resources we have. One fuck up and it’s all over. So anyone that is succeeding is also someone that with enough intelligence to foresee pitfalls and avoid them or escape with their wealth.
Those values are used to evaluate the people at the top which are swimming in a whole different pond. The neopotism and safety nets built into the upper crust of society is not part of the calculation that a lot of people use to factor into how they see these people. They still apply the same dog eat dog mentality to the upper crust of society.
A lot of people confuse wealth for intelligence.
Smart people who make good products that people want will have the invisible hand distribute them wealth. Dumb people who make bad products that no one wants will go backrupt. This is the core philosophy behind why capitalism “works.” It is a system that conflates wealth with virtue, by design.
You’re right to point out that it is incorrect logic, but no one is confusing anything. The entirety of our Western world is build around this idea and reinforces it to its people at every single opportunity. They’re making the judgements that they have been told are correct. Can we really say people are confused when they’re confidently acting exactly as they’ve been taught from birth?
honestly wealth at any level requires luck… intelligence barely factors into it. it’s less that 1 fuck up and it’s all over, and more that 1 fuck up without someone to cover it up or bail you out and it’s all over… the wealthier you are, the bigger the fuck up before you or someone else can bail you out:
poor? it’s an unexpected car issue
rich? it’s that you fucked over literally an entire country for years on end in a very public way that gained you very little
But Musk wants to be a trailblazer and prove that you can lose at anything.
I like the way you put it
He collected data on all Americans from multiple government agencies, successfully killed multiple investigations into several of his companies, and secured additional government contracts for those companies. Is that what we’re calling nothing these days?
He collected data on all Americans from multiple government agencies, successfully killed multiple investigations into several of his companies, and secured additional government contracts for those companies. Is that what we’re calling nothing these days?
But he also inflicted a lot of long-term damage upon himself and his businesses. So the question in the post still stands.
And Trump is now threatening to cancel those government contracts. So he’s blown everything he’s gained (and then some) from his little fling with Trump.
TACO
That’s what trump does. He threatens. Then in the majority of times he gets distracted or backs down. Those contracts aren’t cancelled until they are cancelled.
I don’t know. Trump despises California to begin with and he has threatened to cut off federal funding to the state.
Yeah he’s all TACO when doing things that’ll break the economy. But killing SpaceX won’t break the economy and he’s looking for something he can do that’ll make him appear strong. I wouldn’t bet either way on this, they’re both nutjobs.
Even if we assume those contracts get canceled, unless they force him to destroy that data (which probably isn’t possible at this point) and reopen all those investigations then that’s not really true, is it?
How will he benefit from the data he collected? He’s not in advertising and even if he were a snapshot isn’t worth much - you’d need an ongoing stream. Location data from teslas would be more valuable than the data could’ve stolen with doge.
Genuine retard, it always was genuine retard
5D chess, us mere mortals simply cant comprehend his immense genius
spoiler
I wish I didn’t have to put this here, but someone is for sure going to think I’m serious if I don’t. /s
He’s not stupid, only suffers from drug induced dementia
but also he’s stupid
“He was also stupid” - Ron Howard.
I always assumed he was a moderately intelligent tech CEO until I saw a clip a few years ago where he was showing off the evolution of Starlink rockets and he referred to the piping and whatnot on the outside of the rockets as “the fiddly bits”.
Unrelated, but he was also wearing a t-shirt that highlighted his noodle arms and his man boobs. You would think that somebody vain enough to get hair implants and plastic surgery would have enough sense to at least dress in a flattering manner.
if you’ve seen his body you know there’s no fabric on this here earth that can flatter his troglodyte figure.
he was always assumed to be somewhat smart by people who don’t know what he’s talking about. the moment he talks about anything you know you realize he’s full of shit. that’s why astronauts he idolized for example never bought his shit, even when he was at his peak of popularity.
he’s the embodiment of “it’s better to stay silent and be thought a fool than open your mouth and remove all doubt”. he’s also the best counterargument to any idiot who thinks we live in a meritocratic system.
He used to be stupid. He still is, but he used to be, too.
Fuck you. Pajeet is a slur. You’re just as bad a racist as Elon.
Have you never read a grentext before? Probably best to block the community then
Didn’t you know? Context doesn’t matter, if that word hadn’t been there racism would have stopped immediately. Tribalism, social sorting and human stupidity aren’t the reasons for most of our problems.
Me having to think about putting an “/s” at the end of this is the saddest thing ever.
Off to Russia?
Russia just offered him asylum publicly so 🙄 Google it, it’s all over the news.
I had to look it up. Pajeet is a racial slur in SE Asia, apparently.
Sometimes Internet racism really confuses me. So Indians are in this case bad because they are… particularly likely to be Musk stans? Forgiving of rich people who fall from grace? Just generally not hateful people? I don’t get it.
Not the point.
You mean S Asia? India isn’t exactly east…
Leave it to 4chan to import all the slurs from around the world
Perhaps even less surprising, this particular racial slur apparently came from 4chan.
I am seeing the slur in Instagram as well.
By came from I mean it originated from there.
Is it actually a slur, or just a stereotypical sounding name? Because if its the second isn’t it just like Barry eating his 3rd pie and chips of the afternoon with a pint of wife beater?
It’s both a stereotypical sounding “name” and a slur in the way 4chan uses it. They don’t mean a specific type of Indian person, they mean an Indian person. It’s not used like how some Brits use ‘Barry’ to mean a foolish person or Americans use ‘Karen’ to mean an entitled person.
I’m pretty sure it isn’t even actually a real name, it just sounds like it should be to racists.
Yeah probably this. There’s other examples, like calling Soviet citizens “Ivan” in a derogatory way.
5d chess. In the same way as putin plays it.
Why do you keep hitting yourself?
It’s 5D Narcissism :D
Yes, this. It may be drugs, it may be mental disorder, but what it CERTAINLY is is narcissism and megalomania.
Just like every Trump voter who never thought it would happen to THEM when tornado relief was denied or they were deported or their farm was on the brink of financial collapse thanks to tariffs, Musk seems to have thought he was safe? That HE could control Trump? I knew getting these two megalomaniacs together like this would go badly, I’m just impressed it lasted so long honestly.
