• can@sh.itjust.works
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    1 year ago

    gave what was widely recognized as a Nazi salute at an inauguration event,

    Short of officially stating it but at this point I’ll take it.

  • gasgiant@lemmy.ml
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    1 year ago

    Didn’t he buy twitter with a loan backed by his Tesla stock?

    If that’s the case and the price is falling enough then the bank could/have called that in. Resulting in the forced sale of his stock.

    Which would be very funny.

    • NutWrench@lemmy.ml
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      1 year ago

      If self-preservation is an instinct these banks possess, they should all be calling in Musks loans right now.

      • piccolo@sh.itjust.works
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        1 year ago

        The banks bankrolled twitter to create a controlled propaganda outlet and enabled their boy to directly influence the federal government. I think their investment turn out very well for them.

        • h6pw5@sh.itjust.works
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          1 year ago

          And they’re undoubtably confident a taxpayer bailout would fill any loss that might occur. And it’s unfortunately a solid bet.

    • Zos_Kia@lemmynsfw.com
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      1 year ago

      Would be epic and funny but the stock is still at a higher price than it was at the time of the Twitter purchase. It would need to dip much lower for this to happen.

  • thegr8goldfish@startrek.website
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    1 year ago

    I think he needs to do something bold to silence all the haters. He needs to ride that next Starship launch personally. He should bring his pet president along too. Safety regulations be damned! It’s time for action.

    • P00ptart@lemmy.world
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      1 year ago

      He’s still by far the biggest owner of the stock, so although that would take him down several billion a year, it’s still just a small bite.

  • JokeDeity@lemm.ee
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    1 year ago

    PLEASE just let this nightmare end. There’s no funerals I look forward to more than the two fucking pieces of dog feces running the show right now.

    • AfricanExpansionist@lemmy.ml
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      1 year ago

      I have violent fantasies about Elon Musk. I have never been in a fight as an adult, but I lust to hurt that guy. I can go into detail about it…

  • thegr8goldfish@startrek.website
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    1 year ago

    “Stand With Tesla.” Musk reposted it to his massive audience, but the sentiment didn’t prevent him from losing $23 billion the following day.

  • pedz@lemmy.ca
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    1 year ago

    Those headlines always make it seem like a big deal, but I’ll only allow myself some joy when I’ll know for sure Elon Musk will be homeless. Times and times again I’ve seen headlines like this, where billionaires are losing billions, the stock market is crashing, it’s never been this bad!!! But in the end, they eventually get those billion back and nothing changes.

    • JacksonLamb@lemmy.world
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      1 year ago

      I agree with you. Musk alao has a long history of manipulating Teslas stock prices up and down for his own eventual benefit.

    • CaptPretentious@lemmy.world
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      1 year ago

      He won’t be homeless, but most of his ‘wealth’ is just the value of that stock. The lower it is, the less of a threat he is.

  • surph_ninja@lemmy.world
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    1 year ago

    This is the most confusing thing to me. We always hear about how these people are only “billionaires” on paper, and any money they spend is borrowed with the investments used as collateral.

    So if they continue to fuck consumers, the consumer economy collapses eventually. At that point, they’re no longer billionaires. The only people who will continue to be rich will be those directly controlling resources.

    Why would anyone running a company selling ads on websites, or selling goods to consumers, intentionally fuck consumers? It makes no damn sense, and fucks these on-paper billionaires in the long run. If you make the dollar worthless, what’s the point of having the most dollars?

    • CileTheSane@lemmy.ca
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      1 year ago

      Why would anyone running a company selling ads on websites, or selling goods to consumers, intentionally fuck consumers? It makes no damn sense, and fucks these on-paper billionaires in the long run.

      Because they aren’t intentionally fucking consumers, they’re fucking idiots and that’s too many steps ahead for them to consider the consequences of their actions.

      They don’t like taxes, because taxes reduce their Capitalism High Score. They don’t like oversight because they don’t like being told what to do or spending their Capitalism High Score on unnecessarily things (like making sure people don’t die).
      That’s as far as the thought process goes: “I don’t like paying money, so I’m going to try to make it so I don’t have to pay money.” They are too stupid to consider the consequences beyond that.

      • surph_ninja@lemmy.world
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        1 year ago

        Seems like the expected outcome of basing the economy on maximizing the next profit quarter without concern for long term consequences.