this post was submitted on 21 Jul 2024
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US Authoritarianism

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[–] [email protected] 3 points 4 months ago (2 children)

He’s trying to buy a pardon

https://gizmodo.com/elon-musks-x-is-reportedly-resisting-a-subpoena-in-jeffrey-epstein-related-legal-case-2000476538

Though if trump’s dismantling of the FBI occurs maybe he won’t need to. Either way, drops in the bucket for the most successful emerald mine offspring

[–] [email protected] 1 points 4 months ago (1 children)

Wait until you hear what he did with the jewel money. He rented a huge mansion in college and threw huge parties charging people to enter, how many people he enabled to party and drop out including himself? He's even proud of it he thinks he's so amazing and self made for doing that. This is who this country idolizes. A ketamine addicted, crime family son. Everyone else? Fuck you, swat team raids your college mansion party, charges you for illegally running a night club among whatever other charges. It almost glows in the dark that something was protecting that family from any prosecution.

[–] [email protected] 3 points 4 months ago

He’s even proud of it he thinks he’s so amazing and self made for doing that.

The real joke of these elite universities is how education has become an entirely tertiary function. Social networking with rich people and padding your resume matter so much more than attending actual classes.

Elon throwing a continuous kegger for a few years probably was what introduced him to all the children of spooks and bureaucrats and investment bankers necessary to make him into the billionaire he is today.

[–] [email protected] -1 points 4 months ago (1 children)

Ok, why dismantling FBI is bad? FSB, GRU, RKN, FBI, NSA - all of them should be dismantled

[–] [email protected] 0 points 4 months ago (1 children)

Democrats: Let's give this man billions in subsidies.

[–] [email protected] 0 points 4 months ago (1 children)

Are you saying there is a law that explicitly states to give Elon Musk billions on subsidies or are you just giving a bad faith argument for the effort of Western government trying to cut dependence from petrostates?

[–] [email protected] 1 points 4 months ago* (last edited 4 months ago) (1 children)

They have specifically given at least one of his companies a lot in subsidies. SpaceX lives off the government teet.

Edit: People in this thread don't seem to realize that specifically over paying for something is itself a subsidy. SpaceX has been overcharging for DoD contracts, missing deadlines, and running cost overages for years now. They've also been given contracts where other competitors weren't even considered.

[–] [email protected] 0 points 4 months ago (1 children)

SpaceX got key govt contracts early on and is the most cost competitive launcher. The comercial space program paid off tremendously for the US.

[–] [email protected] 1 points 4 months ago

the most cost competitive launcher

We defunded the NASA launch program and gave it to a bunch of defense sector flakes who had to reinvent what NASA had already accomplished while still kicking back cash to their investors.

These aren't competitive bids. They're kickbacks that occasionally get us a little space technology along the way.

[–] [email protected] -1 points 4 months ago (3 children)

SpaceX/Starlink is worth much more than Tesla.

Elon is a dipshit but he’s not dumb.

[–] [email protected] 1 points 4 months ago (2 children)

This is just straight up not true. SpaceX is worth 210b and Tesla is at 712b. It's not even close. I think you really need to ask yourself why you're willing to either lie or be so easily manipulated into believing a lie and then circulating it just to try and make Musk look better to Internet strangers. 2 seconds of searching to find out that this is not true but you didn't even think about it. Why is that?

[–] [email protected] 1 points 4 months ago

This is a fairly infamous troll account. Everything they post is demonstrably untrue and commonly inflammatory.

[–] [email protected] 0 points 4 months ago* (last edited 4 months ago) (1 children)

I think you really need to ask yourself why you’re willing to either lie or be so easily manipulated

Totally unnecessary. You're comparing a publicly traded company running on memes and a strange cult of personality to private valuation.

Now that China and other domestic competitors have ramped up EV production Tesla's dominance of the niche is going to fall, especially considering the flop that was the Cybertruck and the brand damage Elon has committed.

We are already seeing protectionist measures being enacted for the EV sector.

In short, SpaceX and Starlink have a market to dominate (whether we want it to or not, it seems) while Tesla, a grossly overvalued company, is only going to see more competition and deepened irrelevancy.

[–] [email protected] 0 points 4 months ago

The ROI on electric vehicles dwarfs the SpaceX program. Whether Tesla flounders or not, the car market is more profitable (and therefore more valuable) both by the marginal return on units and the industry market cap.

Starlink might keep an edge over Chinese and Indian programs (doubtful, since India can send a probe to Mars for $75M). But the global satellite market was $4.23B last year. The global car market was $578B.

Orders of magnitude different.

[–] [email protected] 0 points 4 months ago (1 children)

If you own two businesses and are putting one of them in jeopardy for no good reason, that's still quite dumb.

I don't know if it is drugs, or some neural damage caused by covid, but his recent actions didn't bring him any profits only loses. Tesla is getting less and less sales despite sales of EVs going up.

[–] [email protected] -1 points 4 months ago (1 children)

I think it's the drugs. He used to be at least somewhat sensible. In recent years he's just been acting totally bonkers. But having unchecked power will do that to you too, of course.

[–] [email protected] 0 points 4 months ago (1 children)

Well, drugs is obvious, but covid is also known to cause cognitive issues: https://theconversation.com/long-covid-puzzle-pieces-are-falling-into-place-the-picture-is-unsettling-233759

I mean there were some signs earlier (of course those who know him will say he always was an asshole, but at least he was better at masking it) it was 2020 when he went full bonkers.

[–] [email protected] -1 points 4 months ago

Your guess is as good as mine.

[–] [email protected] -1 points 4 months ago* (last edited 4 months ago) (1 children)

He might not be dumb but he's not smart.

[–] [email protected] 0 points 4 months ago (1 children)

He’s dumb. He just has a lot of money.

[–] [email protected] -1 points 4 months ago

He appears dumb to me too, but to others he is a genius. I'm content with just calling him what he is... a narcissist.