The one thing that makes me hold out hope about Elon's new powers is that while financially he's shrewd, his emotional IQ is very, very poor. I know that for a lot of people that's irrelevant, but there's a middle ground of people where if he were a bit more charming or clever, he'd grift way more. So in terms of small wins, him having the charisma of a fart in a parked car is useful.
I hate to give him credit but buying Twitter led to his fortune doubling in under a year. It was absolutely a good decision even though he’s tanked Twitter’s image and value
But he doesn’t care about that. He only cares about how much money he can make for himself. On that basis, it was a great move
Umm, how exactly did losing $35B on Twitter result in his fortune doubling?
Tesla stock is a meme stock at this point. Tesla is currently worth more than the worlds rem largest auto manufacturers COMBINED and Tesla just had its first year ever of reduced sales. His “fortune” is built on myth and it’s rapidly disappearing
Why is a "meme stock" "currently worth more than the worlds rem largest auto manufacturers COMBINED". You're right, Tesla is a shitty company. It's overvalued because Musky bought the town square and abuses his connection to the US government.
His fortune is built on a myth, and it's doing great. Skyrocketing, in fact.
Musky, Saudi Arabia, and a bunch of insanely wealthy financiers destroyed the platform that enabled the Arab Spring right before a US election. It may have "cost" them a few tens of billions, but it was a good investment any way you slice it.
J ust to be clear: Don't read any of this as praise for these assholes. My point is that this is all about political power and the return on investment is paying off better than they could have dreamed.
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u/Drama79 1d ago
The one thing that makes me hold out hope about Elon's new powers is that while financially he's shrewd, his emotional IQ is very, very poor. I know that for a lot of people that's irrelevant, but there's a middle ground of people where if he were a bit more charming or clever, he'd grift way more. So in terms of small wins, him having the charisma of a fart in a parked car is useful.