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this post was submitted on 24 Sep 2023
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Technology
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@ajsadauskas @technology I was just going to ask the Theranos/Holmes question.
Once he'll start losing investors' money his lies will catch up to him. Nobody's asking questions as long as line goes up.
It depends on how much money he needs. Investors lost faith in Tesla once, and Elon invested in the company himself
@jonne @rood
What makes you think that?
tRump's lies have been exposed, and the media is still pushing him as a savior.
They're doing the same with Melon Husk.
SBF, Holmes, that woman that faked having 30m users on her platform, etc. And Trump never fooled most people, he's been known to be a con man since the 80s to anyone that's been paying attention.
Theranos went down because Holmes was trying to run the same tired start-up scam all the big boys pull but within the confines of the medical industry. She would have succeeded if she had picked something non medical. The FDA doesn't fuck around. If Elon thinks he's smart enough to pull the same shit he's going to "find out" too.
I really, really hope this is the case. I’d love to see him pay some serious consequences, especially if it’s the result of his own arrogance.
I just hope there aren't too many consequences for other people along with it.
Supposedly the FAA doesn't fuck around and yet he managed quite alright with SpaceX, cf https://www.techwontsave.us/episode/186_spacexs_regulatory_evasion_has_consequences_w_eric_roesch