“The matrix.” Dude, you are a billionaire. You hang out with billionaires, and the most powerful public officials in the world. You are the matrix. Fuck off with this gaslighting fake-populist bullshit.
When assholes like Musk and Friedman say garbage like this, they are advocating for taking away people’s power. People as collective wield power through government. They want to, instead, concentrate power in a small ruling elite class of oligarchs. It’s fundamentally un-democratic, and un-American.
Every person that buys Tesla supports this fascist loser.
I saw a lovely bumper sticker on a Tesla the other day "I bought this before we knew Elon was crazy"
Should have said... "For sale... Elon Musk is a fascist."
Nah, once you already own it, you gain nothing by selling it again. Tesla got their money already. Might as well keep using it.
It was clear to many people that Musk has always been who he is. We didn't need him to say it out loud to know.
Reminds me of when we all made fun of conservatives for smashing the Keurig coffee makers they already bought and paid for.
I suggested selling it. Big difference.
More specifically, he is a billionaire who once thought that AI could be extremely dangerous if developed improperly...
... and has lately developed AI improperly, gotten into feuds with other people developing AI, is currently attempting to build an army of economy tier androids as well as literal fucking brain chips so that humans can be cyborgs some day soon.
He would easily fit into the early timeline of The Second Renaissance from the Animatrix, you know, as one of the emblematic vain and greedy narcissists who set the downfall of mankind into motion.
Elon would read this and still think he's Neo.
He has zero self-awareness. When Elon found out that his then-girlfriend, Grimes, was going to voice a character in the game Cyberpunk 2077, Elon showed up at the developer's studio, unannounced, requesting that they make a character for him to play the voice of, too.
Nevermind the fact that Cyberpunk 2077 is a game about fighting corrupt billionaires and their mega-corporations large enough to employ their own private armies and instate their own governments, the leader of which wants to live forever by means of transferring his consciousness into a chip that can be implanted into a brain. Elon recognized absolutely none of the irony in the situation. Never once did he realize he was already in the game, except they named him Saburo Arasaka.
It's even weirder, because it was a flintlock - likely because you don't have to actually register those in California, and Elon is paranoid about interacting with the government in a way that isn't begging them for cash.
So... when I played Cyberpunk 77 around a year ago on my PC, I did a whole bunch of edits to config files.
I found some interesting stuff like hidden debug menus, hidden UI options menus, I tweaked a bunch of engine parameters to optimize view distance and object detail and lods, and I altered some root character model paths.
I realize this will sound incredible, as I have no proof after my PC was stolen...
But Elon's face is in the game, same way Allahnah's hair is, Keanu Reeves's face is.
Elon specifically only ever shows up as a possible face model for the cops, the NCPD.
I have no idea if this is still in the game files, as its possible that I could only see it because I messed around with root character model file paths to get more variety from random male and female npcs.
Funnier still: Elon's face is always paired with a balding male hairstyle.
Oh he's a neo- alright.
If anything he would be one of the oligarchs from the MxO storyline but you have to actually be a pretty die hard Matrix fan to know anything about them, so yeah he'd think he's Neo.
Isn't there an old pic of him dressed as Trudy floating around somewhere?
vain and greedy narcissists who set the downfall of mankind into motion.
You mean like those dedicated capitalists who are navigating Boeing into the ground?
More specifically, he is a billionaire who once thought that AI could be extremely dangerous if developed improperly...
This was an attempt to use scale to make government regulate the market.
Once AI is regulated only few companies control it.
The real thing he and others are afraid of is the open source AI. If regular people are are in control of the technology then it no longer can be profited off.
💯
Also, remember he believes in that "simulation theory" nonsense. And the reason tech bros like him believe in it is that it gives them the excuse to treat everyone else like shit. Because, you see, they're NPCs. Unlike Elon. He's got full awareness programming.
Not just taking away power, this will literally get people killed.
Most of those regulations that are hurting his theoretical efficiency were written in blood.
I'm still baffled by how 'deregulation' isn't an extremely alarming word, not just in the current year or era, but overall.
Not to mention that in the current context only rich people want deregulation & it's clear why (to pollute more, hurt workers through wages and work conditions more, pay less taxes, and to be able to deal with competitors as they wish with monopoly being the actively pursued goal).
The chances of over-regulation hurting the people are really small.
Over- or under- regulation isn't the same as good or bad regulation. You can have good and bad regulations both in the sense of standards and methodology, as well as in the sense of bad implementation.
Fuck consumers workers and the environment, more PROFITS baby!!
For some reason Republicans can't see that regulations tend to happen when companies fail to act responsibly in favor of profits.
Deregulation of financial markets caused the financial crisis, because the markets exploited it for new "tricks", that were irresponsible.
Deregulation of consumer protections clearly harm consumers, and the same with environment.
There are also standards regulations that stimulate competition, and greatly increase industry efficiency.
We have regulations because, spoiler, things used to be unregulated and they fucked up enough people demanded the government set some fucking rules.
The regulations weren't in the founding documents of the country. They came to be as the industries started exploiting and killing people.
Those morons hate regulations, but refuse to by foreign stuff because it "isn't as safe and well made as American made"...you know, where we have tons of regulations....
LOL that's a good point. Such a double standard.
Not just that, they is an underlying racist bias to that. That Asian made products from overseas are cheap because they care less or have less pride in their work than American made. They think that we as Americans for some reason have a greater baseline pride that permeates through everything made here.
Yes, lets let companies deregulate. Boar's Head is only killing a few people with listeria, imagine the hundreds they'd kill with fewer regulations.
LOL, motherfucker still thinks he's Neo! 🤣
Instead he's the Merovingian, an annoying poser who's an obstacle for actual heros.
I don't think the Merovingian was that stupid?
I mean he practically goads Persephone into betraying him, that's not very clever.
Doesn't look like he's living his best life in the fourth one, either.
Deregulation? We hardly regulate our megacorps at all. That not good enough?
Found the matrix right here guys.
Sounds like something a terminally online incel would come up with.
So, Elon?
I wonder how he squares the circle of the fact that The Matrix was written by two trans women.
I don't know if he's had a rational thought in the past decade, if that.
Steady and ever increasing doses of ketamine.
Fine, Elon can be right about one thing I guess
Red pillers always try to deny that their chosen metaphor is really a metaphor for coming out as trans.
This fucker would look at the DMV and fire 90% of the staff to improve efficiency. Also it's now called DMX.
Brilliant 😊. And you know people would support it cause going to the DMV sucks until there isn't one to go to anymore and you live the alternative.
Y’all gonna make me lose my mind up in here
New DMV/DMX theme song
Quite a few places already don't call it the DMV. It's called the DDS here. Department of Driver Services.
I've been saying for a while that the giant covid bailouts for businesses are exactly what will happen if trump is re-elected. He's so afraid of not being able to say "best economy ever" he'll drive up inflation to make failing megacorps slightly more profitable to shareholders insatiable greed.
If you think house prices are unaffordable now, consider how much extra money rich people will throw around after another round of tax cuts for themselves.
Conservative policies in any dimension of society are hostile to great swaths of the population affected by them.
The only reason people support conservatives is because of culture war bullshit, which is used to brainwash them by constantly making them afraid of each other.
No one sensible should be voting conservative under a late-stage capitalism scenario, which is where we are
When he says 'the matrix', he means 'the interests of the average worker'.
Remember, this is the same guy trying to sue to the National Labor Relations Board out of existence, because things like workplace safety and overtime pay and not having racist workplaces are inefficient.
Also... fucking what, he talked with Trump about how to reduce the national debt?
Ok 1, thats almost certainly just going to translate into auesterity, ie, dovetailing with Project 2025 to gut a whole bunch of government agencies...
2... Trump has expanded the national debt more than any other President in history, and is so astoundingly economically incompetent he wants to remove all (?) taxes and replace this with a 20% across the board import tariff, which would basically detonate the economy.
Remember, this is the same guy trying to sue to the National Labor Relations Board out of existence, because things like workplace safety and overtime pay and not having racist workplaces are inefficient.
This is a guy who was willing to compromise workplace safety simply because he doesn't like high vis colors. Who fired an entire department that was in the middle of work that's critical to the future of the company, simply because he was upset that their boss tried to argue that they shouldn't gut the team arbitrarily.
Efficiency I can understand, it's a rational priority to pursue. Elon is a mentally unstable weirdo who either doesn't care how much damage he does to the business, or is so disconnected from reality that he can't really understand what he's doing.
He's not just a typical corporate scumbag doing greedy things. He's basically an aspiring Bioshock villain. If he was half as competing as he thinks he is, he'd be ruling a dystopian nightmare city on Mars by now.
Elon is a mentally unstable weirdo
That's why he and Trump are buddies. Birds of a feather...
Sigh, an efficiency commission sounds like a way to to form a group of loyalists who has the power to arbitrarily decide on policy for any government agency based on a loose definition of "efficiency".
A group like that could simply decide that a private company is allways more efficient than a government agency, or that a deregulated market is more efficient than a regulated market.
The goal of "efficiency" is increadibly vauge, while sounding positive.
I know it sounds weird, but if a country has a legal minimum wage it removes tools from unions since companies can just tell the unions to pound sand.
Here in Sweden we don't have any minimum wage mandated by the government.
It is negotiated between the sector unions and employers.
Also sympathy strikes are legal here.
Whenever there have been talks about introducing a minimum wage in Sweden, unions have allways reacted negatively, as it would effectively prevent them from negotiating for higher wages, and a minimum wage would easily get stuck in the past.
I know that the US and Sweden are very different, and that in the current labor market in the US, removing a minimum wage would be a disaster, but I felt as if your conclusion that minimum wage is allways bad needed a counterpoint.
unions have allways reacted negatively, as it would effectively prevent them from negotiating for higher wages,
Maybe take away power from the union, but the union can totally still negotiate a minimum wage if it want. The union I'm part (insurance workers of the state of São Paulo) have a minimum wage, higher that the state and national one.
That is fair, I was absolutely projecting my Swedish biases in my earlier comment, sorry about that.
Sometimes a union will promote the union interest rather than member interest. There is a current scandal about corrupt unions here in Australia. We have a national minimum wages and also award wages by sector and seniority, like hundreds of minimum wages.
Unions here also don't like universal healthcare here for the same reason.
It's not a good reason.
Fascist appropriating culture to promote their fascist agenda is nothing new.
No culture of their own, so they have to beat up leftists in dark alleys looking for loose artistic styles.
That these cretins are still clinging to their fucking Matrix / red pill metaphor like a decade after the Wachowskis came out as trans should tell you everything you need to know about how much internal sense any of their ideas make.
Because if there's one thing Elon is really good at, it's being efficient.
Look how efficient he is at sitting around tweeting stupid shit all day.
The matrix is a trans allegory, keep that shit out of your mouth.
Look at this MF, he was weird before Vance made it even more uncomfortable
Fuckyoufuckyoufuckyou.
Sounds like Elon took a little too much ketamine today.
Every day from what I understand. Especially at parties.
This won't actually happen, and if it did, I wouldn't trust either of these weird, hateful, incompetent grifter fucks to execute it.
Walking brainrot.
I don’t understand the power of trump over this guy. Isn’t he richer than trump? Didn’t trump posted a derogatory tweet about him saying something like “he’ll kneel if I’ve asked”
Also lol at MaTRiX
If Trump cancels EV subsidies or pressures NASA to stop bankrolling SpaceX, Musk is basically fucked.
That is why Trump said that.
As with most giant corporations, if the government stopped heavily subsidizing them in many direct and many more indirect ways, they would basically collapse under their own incompetence quite quickly.
Its truly funny to watch libertarian types pretend they built their empires from the ground up, when the truth is that they basically always started from a very privileged background, more or less did shady things bordering on or actually being fraud, got some of their parent's or parent's friends to invest, and then grew further from massive government aid of one kind or another.
The family were rich: a punt on an emerald mine by Errol Musk, an engineer, had delivered a fortune. But he and Maye, a model from Canada, left raising Elon and his younger siblings, Tosca and Kimbal, to black servants.
Trump is just a tool like himself, but trump is a favorite of much richer than him putin.
BTW, Elon publicly showed off behavior when there were those boys caught up in the cave, but he really did a massive switch right in the middle of 2020 where Tesla stock got an unexplained price spike. It feels like foreign governments put some money there. I'm wondering if the bonus he got recently was getting that money out.
Lol, it was not unexplained. They'd gotten over the model 3 problems looming over the company and were starting to bring in very high profits per car as well as having profitable quarters. Once that happened, that also made entry into the s&p500 a possibility which if happens, typically also drives the stock price up as billions of *(dollars of) shares get bought up for ETFs and removed from circulation due to being held longer and not traded.
It was obvious to anyone watching it that something was going to happen IF the model 3 was a success and they became profitable. The risk was were they going to pull it off, and there was legitimately a point where they almost didn't.
As soon as those crazy high margins dropped off years later, the stock came down hard.
Edit: they'd also been getting credit rating increases prior to this, which was a lead up to the S&P500 inclusion, which were bullish signals.
Model 3 was already being produced and was successful before the pandemic.
I remember the explanation given at the time the stock price jumped by the analysis was large order placed by Hertz (which was fresh after decorating bankruptcy).
That explanation made no sense to me.
“How close was Tesla from bankruptcy when bringing the Model 3 to mass production?” asked Twitter follower “Zain”.
“Closest we got was about a month. The Model 3 ramp was extreme stress & pain for a long time — from mid 2017 to mid 2019. Production & logistics hell,” said Musk.
Like I said, by 2020 it was going well and turning high profits. And then everything else I said adding further onto it. Hertz was a catalyst, but all of what i said above was what was actually going on.
“I wish you could go into Washington for a week and be the head of the committee for making government smaller,” Fridman said.
Ah a small government guy, I see.
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“The matrix.” Dude, you are a billionaire. You hang out with billionaires, and the most powerful public officials in the world. You are the matrix. Fuck off with this gaslighting fake-populist bullshit.
When assholes like Musk and Friedman say garbage like this, they are advocating for taking away people’s power. People as collective wield power through government. They want to, instead, concentrate power in a small ruling elite class of oligarchs. It’s fundamentally un-democratic, and un-American.
Every person that buys Tesla supports this fascist loser.
I saw a lovely bumper sticker on a Tesla the other day "I bought this before we knew Elon was crazy"
Should have said... "For sale... Elon Musk is a fascist."
Nah, once you already own it, you gain nothing by selling it again. Tesla got their money already. Might as well keep using it.
It was clear to many people that Musk has always been who he is. We didn't need him to say it out loud to know.
Reminds me of when we all made fun of conservatives for smashing the Keurig coffee makers they already bought and paid for.
I suggested selling it. Big difference.
More specifically, he is a billionaire who once thought that AI could be extremely dangerous if developed improperly...
... and has lately developed AI improperly, gotten into feuds with other people developing AI, is currently attempting to build an army of economy tier androids as well as literal fucking brain chips so that humans can be cyborgs some day soon.
He would easily fit into the early timeline of The Second Renaissance from the Animatrix, you know, as one of the emblematic vain and greedy narcissists who set the downfall of mankind into motion.
Elon would read this and still think he's Neo.
He has zero self-awareness. When Elon found out that his then-girlfriend, Grimes, was going to voice a character in the game Cyberpunk 2077, Elon showed up at the developer's studio, unannounced, requesting that they make a character for him to play the voice of, too.
Nevermind the fact that Cyberpunk 2077 is a game about fighting corrupt billionaires and their mega-corporations large enough to employ their own private armies and instate their own governments, the leader of which wants to live forever by means of transferring his consciousness into a chip that can be implanted into a brain. Elon recognized absolutely none of the irony in the situation. Never once did he realize he was already in the game, except they named him Saburo Arasaka.
Oh, he also brought a gun with him. He showed up unannounced, with a gun. I wish I was making this up.
It's even weirder, because it was a flintlock - likely because you don't have to actually register those in California, and Elon is paranoid about interacting with the government in a way that isn't begging them for cash.
So... when I played Cyberpunk 77 around a year ago on my PC, I did a whole bunch of edits to config files.
I found some interesting stuff like hidden debug menus, hidden UI options menus, I tweaked a bunch of engine parameters to optimize view distance and object detail and lods, and I altered some root character model paths.
I realize this will sound incredible, as I have no proof after my PC was stolen...
But Elon's face is in the game, same way Allahnah's hair is, Keanu Reeves's face is.
Elon specifically only ever shows up as a possible face model for the cops, the NCPD.
I have no idea if this is still in the game files, as its possible that I could only see it because I messed around with root character model file paths to get more variety from random male and female npcs.
Funnier still: Elon's face is always paired with a balding male hairstyle.
Oh he's a neo- alright.
If anything he would be one of the oligarchs from the MxO storyline but you have to actually be a pretty die hard Matrix fan to know anything about them, so yeah he'd think he's Neo.
Isn't there an old pic of him dressed as Trudy floating around somewhere?
You mean like those dedicated capitalists who are navigating Boeing into the ground?
This was an attempt to use scale to make government regulate the market.
Once AI is regulated only few companies control it.
The real thing he and others are afraid of is the open source AI. If regular people are are in control of the technology then it no longer can be profited off.
💯
Also, remember he believes in that "simulation theory" nonsense. And the reason tech bros like him believe in it is that it gives them the excuse to treat everyone else like shit. Because, you see, they're NPCs. Unlike Elon. He's got full awareness programming.
Not just taking away power, this will literally get people killed.
Most of those regulations that are hurting his theoretical efficiency were written in blood.
I'm still baffled by how 'deregulation' isn't an extremely alarming word, not just in the current year or era, but overall.
Not to mention that in the current context only rich people want deregulation & it's clear why (to pollute more, hurt workers through wages and work conditions more, pay less taxes, and to be able to deal with competitors as they wish with monopoly being the actively pursued goal).
The chances of over-regulation hurting the people are really small.
Over- or under- regulation isn't the same as good or bad regulation. You can have good and bad regulations both in the sense of standards and methodology, as well as in the sense of bad implementation.
Fuck consumers workers and the environment, more PROFITS baby!!
For some reason Republicans can't see that regulations tend to happen when companies fail to act responsibly in favor of profits.
Deregulation of financial markets caused the financial crisis, because the markets exploited it for new "tricks", that were irresponsible.
Deregulation of consumer protections clearly harm consumers, and the same with environment.
There are also standards regulations that stimulate competition, and greatly increase industry efficiency.
We have regulations because, spoiler, things used to be unregulated and they fucked up enough people demanded the government set some fucking rules.
The regulations weren't in the founding documents of the country. They came to be as the industries started exploiting and killing people.
Those morons hate regulations, but refuse to by foreign stuff because it "isn't as safe and well made as American made"...you know, where we have tons of regulations....
LOL that's a good point. Such a double standard.
Not just that, they is an underlying racist bias to that. That Asian made products from overseas are cheap because they care less or have less pride in their work than American made. They think that we as Americans for some reason have a greater baseline pride that permeates through everything made here.
Yes, lets let companies deregulate. Boar's Head is only killing a few people with listeria, imagine the hundreds they'd kill with fewer regulations.
LOL, motherfucker still thinks he's Neo! 🤣
Instead he's the Merovingian, an annoying poser who's an obstacle for actual heros.
I don't think the Merovingian was that stupid?
I mean he practically goads Persephone into betraying him, that's not very clever.
Doesn't look like he's living his best life in the fourth one, either.
Deregulation? We hardly regulate our megacorps at all. That not good enough?
Found the matrix right here guys.
Sounds like something a terminally online incel would come up with.
So, Elon?
I wonder how he squares the circle of the fact that The Matrix was written by two trans women.
I don't know if he's had a rational thought in the past decade, if that.
Steady and ever increasing doses of ketamine.
Fine, Elon can be right about one thing I guess
Red pillers always try to deny that their chosen metaphor is really a metaphor for coming out as trans.
This fucker would look at the DMV and fire 90% of the staff to improve efficiency. Also it's now called DMX.
Brilliant 😊. And you know people would support it cause going to the DMV sucks until there isn't one to go to anymore and you live the alternative.
New DMV/DMX theme song
Quite a few places already don't call it the DMV. It's called the DDS here. Department of Driver Services.
I've been saying for a while that the giant covid bailouts for businesses are exactly what will happen if trump is re-elected. He's so afraid of not being able to say "best economy ever" he'll drive up inflation to make failing megacorps slightly more profitable to shareholders insatiable greed.
If you think house prices are unaffordable now, consider how much extra money rich people will throw around after another round of tax cuts for themselves.
Conservative policies in any dimension of society are hostile to great swaths of the population affected by them.
The only reason people support conservatives is because of culture war bullshit, which is used to brainwash them by constantly making them afraid of each other.
No one sensible should be voting conservative under a late-stage capitalism scenario, which is where we are
When he says 'the matrix', he means 'the interests of the average worker'.
Remember, this is the same guy trying to sue to the National Labor Relations Board out of existence, because things like workplace safety and overtime pay and not having racist workplaces are inefficient.
Also... fucking what, he talked with Trump about how to reduce the national debt?
Ok 1, thats almost certainly just going to translate into auesterity, ie, dovetailing with Project 2025 to gut a whole bunch of government agencies...
2... Trump has expanded the national debt more than any other President in history, and is so astoundingly economically incompetent he wants to remove all (?) taxes and replace this with a 20% across the board import tariff, which would basically detonate the economy.
This is a guy who was willing to compromise workplace safety simply because he doesn't like high vis colors. Who fired an entire department that was in the middle of work that's critical to the future of the company, simply because he was upset that their boss tried to argue that they shouldn't gut the team arbitrarily.
Efficiency I can understand, it's a rational priority to pursue. Elon is a mentally unstable weirdo who either doesn't care how much damage he does to the business, or is so disconnected from reality that he can't really understand what he's doing.
He's not just a typical corporate scumbag doing greedy things. He's basically an aspiring Bioshock villain. If he was half as competing as he thinks he is, he'd be ruling a dystopian nightmare city on Mars by now.
That's why he and Trump are buddies. Birds of a feather...
Sigh, an efficiency commission sounds like a way to to form a group of loyalists who has the power to arbitrarily decide on policy for any government agency based on a loose definition of "efficiency".
A group like that could simply decide that a private company is allways more efficient than a government agency, or that a deregulated market is more efficient than a regulated market.
The goal of "efficiency" is increadibly vauge, while sounding positive.
Efficiency = reduce costs
Minimum wage = labor cost
Eliminate Minimum wage = lower labors costs = Efficiency
Getting rid of minimum wage can be good.
I know it sounds weird, but if a country has a legal minimum wage it removes tools from unions since companies can just tell the unions to pound sand.
Here in Sweden we don't have any minimum wage mandated by the government.
It is negotiated between the sector unions and employers.
Also sympathy strikes are legal here.
Whenever there have been talks about introducing a minimum wage in Sweden, unions have allways reacted negatively, as it would effectively prevent them from negotiating for higher wages, and a minimum wage would easily get stuck in the past.
I know that the US and Sweden are very different, and that in the current labor market in the US, removing a minimum wage would be a disaster, but I felt as if your conclusion that minimum wage is allways bad needed a counterpoint.
Maybe take away power from the union, but the union can totally still negotiate a minimum wage if it want. The union I'm part (insurance workers of the state of São Paulo) have a minimum wage, higher that the state and national one.
That is fair, I was absolutely projecting my Swedish biases in my earlier comment, sorry about that.
Sometimes a union will promote the union interest rather than member interest. There is a current scandal about corrupt unions here in Australia. We have a national minimum wages and also award wages by sector and seniority, like hundreds of minimum wages.
Unions here also don't like universal healthcare here for the same reason.
It's not a good reason.
Fascist appropriating culture to promote their fascist agenda is nothing new.
No culture of their own, so they have to beat up leftists in dark alleys looking for loose artistic styles.
That these cretins are still clinging to their fucking Matrix / red pill metaphor like a decade after the Wachowskis came out as trans should tell you everything you need to know about how much internal sense any of their ideas make.
Because if there's one thing Elon is really good at, it's being efficient.
Look how efficient he is at sitting around tweeting stupid shit all day.
Ugh, this guy…
@jeffw They’re both dangerously 🦇💩 crazy
Ohhh the matrix...shut the fuck up, edgelord.
The matrix is a trans allegory, keep that shit out of your mouth.
Look at this MF, he was weird before Vance made it even more uncomfortable
Fuckyoufuckyoufuckyou.
Sounds like Elon took a little too much ketamine today.
Every day from what I understand. Especially at parties.
This won't actually happen, and if it did, I wouldn't trust either of these weird, hateful, incompetent grifter fucks to execute it.
Walking brainrot.
I don’t understand the power of trump over this guy. Isn’t he richer than trump? Didn’t trump posted a derogatory tweet about him saying something like “he’ll kneel if I’ve asked”
Also lol at MaTRiX
If Trump cancels EV subsidies or pressures NASA to stop bankrolling SpaceX, Musk is basically fucked.
That is why Trump said that.
As with most giant corporations, if the government stopped heavily subsidizing them in many direct and many more indirect ways, they would basically collapse under their own incompetence quite quickly.
Its truly funny to watch libertarian types pretend they built their empires from the ground up, when the truth is that they basically always started from a very privileged background, more or less did shady things bordering on or actually being fraud, got some of their parent's or parent's friends to invest, and then grew further from massive government aid of one kind or another.
https://www.thetimes.com/business-money/technology/article/musks-bleak-childhood-in-south-africa-and-drive-to-succeed-l75b0lqkl
Musk worked really hard to kill the emerald mine part of that story and hoped everyone ignored the fact that he didn't challenge the servants part.
God fucking damnit, he is so brazenly corrupt he just fucking actually said it out loud!
https://www.businessinsider.com/trump-electric-vehicles-elon-musk-endorsement-2024-8
You already commented on it but just... fuck.
Trump is just a tool like himself, but trump is a favorite of much richer than him putin.
BTW, Elon publicly showed off behavior when there were those boys caught up in the cave, but he really did a massive switch right in the middle of 2020 where Tesla stock got an unexplained price spike. It feels like foreign governments put some money there. I'm wondering if the bonus he got recently was getting that money out.
Lol, it was not unexplained. They'd gotten over the model 3 problems looming over the company and were starting to bring in very high profits per car as well as having profitable quarters. Once that happened, that also made entry into the s&p500 a possibility which if happens, typically also drives the stock price up as billions of *(dollars of) shares get bought up for ETFs and removed from circulation due to being held longer and not traded.
It was obvious to anyone watching it that something was going to happen IF the model 3 was a success and they became profitable. The risk was were they going to pull it off, and there was legitimately a point where they almost didn't.
As soon as those crazy high margins dropped off years later, the stock came down hard.
Edit: they'd also been getting credit rating increases prior to this, which was a lead up to the S&P500 inclusion, which were bullish signals.
Model 3 was already being produced and was successful before the pandemic.
I remember the explanation given at the time the stock price jumped by the analysis was large order placed by Hertz (which was fresh after decorating bankruptcy).
That explanation made no sense to me.
“How close was Tesla from bankruptcy when bringing the Model 3 to mass production?” asked Twitter follower “Zain”.
“Closest we got was about a month. The Model 3 ramp was extreme stress & pain for a long time — from mid 2017 to mid 2019. Production & logistics hell,” said Musk.
Like I said, by 2020 it was going well and turning high profits. And then everything else I said adding further onto it. Hertz was a catalyst, but all of what i said above was what was actually going on.
Ah a small government guy, I see.
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