this post was submitted on 13 Apr 2025
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[–] Vorticity@lemmy.world 32 points 10 months ago (2 children)

I'm not sure that Elon is feeling that much pain. His investors are, but he's so rich he barely notices. That, or it might be the ketamine.

[–] danisaur@lemmy.world 26 points 10 months ago

I think he’s completely sweating. Since his wealth is based on Teslas stock price. It’s also an open secret that the way billionaires avoid taxes is taking out loans that are leverage on their stock value and use it as “income”. As long as their stock goes up, they stay rich. But if the stock price goes down, banks will probably start to collect on those loans and that’s when spiral begins (selling of assists). He still has spacex though…which is sadly sustained by the government.

[–] Slayan@lemmy.ca 17 points 10 months ago (2 children)

For someone not noticing he seem to talk about it alot. He also had to sell twitter to his ai company to get some liquidity prob to pay back some investor whom wanted out. So his action seems to tell he does care. But who know what goes on in his head.

[–] blakenong@lemmings.world 11 points 10 months ago

He, and his cronies, are obsessed with people not allowing them to do whatever they want.

It’s sad for Tesla that he was ever involved. He doesn’t contribute anything but his image and connections. Tesla is the Nazi car. You can’t roll that back.

[–] ytsedude@lemmy.world 7 points 10 months ago

It's upsetting his fragile ego, but he's not feeling much financial pain. It'll take way more for that to happen...

[–] DontRedditMyLemmy@lemmy.world 5 points 10 months ago

Spotted two Teslas with their logo ornaments removed this week!

[–] shplane@lemmy.world 4 points 10 months ago

Shop local, stop supporting corporations

[–] Sunsofold@lemmings.world 4 points 10 months ago

How much of the anti-musk/anti-tesla success is due to people's activism vs the cybertruck being a piece of crap? I suspect if Tesla had just kept making EVs and put a bit of effort into fixing up build quality instead of creating pretty much the ugliest, most overpriced, and nonsensical vehicle to hit the road, possibly ever, the company would not be in anywhere near as bad of a position. If, as I have heard, Musk was the one to push for it to be made, and then Musk decided to get involved in politics, creating reputational issues, it all could be said to be his fault.

[–] Proprietary_Blend@lemmy.world 3 points 10 months ago

Much ouch! Get em!