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Coincidence?
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this post was submitted on 10 Nov 2023
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He wasn't just made to look foolish, he called the lead cave rescuer a pedophile just and only because the guy didn't wanted to use his insane contraption.
Also, that wasn't the first time. The asshole was fired for incompetence before and only became rich because of shares he had in the company that got bought out. Anything good he's ever done is the work or ideas of others. Anything else is just utter shit.
Hyperloop, anyone? I remember reading in the 80's about how dumb of an idea that was, and in sure he got it from older articles as the first ideas were from the beginning of the 1900's, but he basically popped that idea because he was against high speed rail in LA. You can basically -in part- thank Musk for not having good rail in LA. Meanwhile, china built out a huge rail system because well, at least dictatorships are good for something, I guess.
Do I need to talk about Twitter at all? Bought it for twice the value, and brought it's actual value to 50% within a year. Fired thousands of people for no reason, including loads of business critical employers. Rent on his Twitter loans are due soon, hope you have a billion dollar laying around somewhere asshole!
The guy is a black mark on humanity and I can't wait for the day to see him being bankrupt and having to live in a shitty small house, he deserves it.
The Hyperloop thing is more complicated and more like an elaborate plan. It was a way to distract California lawmakers from a high-speed rail project, in order to sell more Teslas.
Yeah, it's also impossible. Anyone with a highschool degree and an hour to read into it can see that there are huge issues that simply cannot be fixed or are just dumb to even try
What is terrifying id that he has been charged with fraud several times but still isn't in prison even though he is guilty.
You can't get rid of that much money. He could make nothing but terrible choices for the next 100 years and his money would continue making him insane amounts of money.
Oh yes you can.
The vast majority of his value comes from his companies. telsa went down what, 50-70%, so slash his worth by 30%, twitter was bought for twice the value and dropped to 50% ofmits worth in under a year. If he keeps going like that, he'll be bankrupt by 2025
Bankrupt doesn't mean broke when you're ultra-wealthy. Trump has declared bankruptcy what, 6 or 7 times? He's still a billionaire.
Trump is likely not (and never was) a billionaire he's a notorious liar when it comes to his wealth and has always inflated the crap out of everything.
Musk is equally a notorious liar and is very capable of going bankrupt as most of his wealth is in his companies that he's quite expertly running into the ground. His Twitter acquisition required multi billion dollar loans and the interest and payments together run into billion(s) per year. As he paid twice the value for twitter and the expertly ran it down to half that value, he lost about 75% of the money.. good luck with that next payment, asshole!
He pulled a huge amount of stock out of tesla ("I'll never sell tesla stock", musk) and with that tesla went off a cliff as well
Hell he bankrupt within 5 years, if that.