• 0 Posts
  • 12 Comments
Joined 2 years ago
cake
Cake day: June 14th, 2023

help-circle






  • That’s because Tesla’s stock valuation was always based on “revolutionary new shiny thing!” rather than “making and selling cars”.

    musk has to constantly come out with a new reason why the stock justifies a valuation so insanely high (was worth more than all other car companies combined). “Full self driving!” “Robotaxies!” “Fully automated manufacturing!”, etc….

    That’s also why musk can extort $50B payoffs from Tesla. So much of their value is based on his BS powered reality distortion field that they’re terrified of what might happen if he leaves.

    Now, there’s huge risk inherent in banking everything on the very stable genius musk as they’re learning.






  • caffinatedone@lemmy.worldtoMemes@lemmy.mlMy face when
    link
    fedilink
    English
    arrow-up
    5
    arrow-down
    1
    ·
    2 years ago

    This assumes that the mass shootings are a problem that they’d want to solve, but it’s not since mass shootings are useful to them. They’re flashy, get lots of media coverage, and feed a sense of chaos and societal breakdown. With that, they make the case the current system can’t keep you safe, and we need an authoritarian to bring order, which they’re happy to provide.