Ah, the AI business model...

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Ah, the AI business model...

Pretty sure this is illegal, you know, using one company to prop up another (the old “Enron” method)
Wish the US still I don’t know, had laws and whatnot
Laws are so 2010. Get with the time, it's all corruption and gambling now.
2010? By that point, the global financial crisis had already proven that there are no consequences for financial manipulation if you're rich enough.
"Illegal" is only for the poors and can apply to something as simple as crossing the street
Oh we still have laws. Elon is just part of the "in" group who the laws protect but do not bind.
Just like Madoff and SBF, he'll only face consequences if he fucks over the wealthy
Sounds like some form of fraud.
Because it is :)
EV subsidies are going away soon, so Elons putting some money fromone pocket to the other now, but also claims the subsidies so he's putting more money to that other pocket than he took out from the first pocket.
Space x money is coming from government contracts too, that's an insane feedback loop of potential fraud.
Elon is running the biggest Ponzi in history, financing on financing and counting both as the total. Eventually he won't be able to keep shuffling assets around and counting both, they will all collapse with nothing left and everyone will be shocked pikachu despite it being obvious.
Elon is running the biggest Ponzi in history
after Nvidia and Open AI.
Elon is running the biggest Ponzi in history
it's a bigger ponzi than nvidia?
All valid criticism aside, 1000 is a pretty fathomable number.
To me one sold Cyber truck is unfathomable.
They only made around 50k of them. So that is still a considerable amount.
I think it becomes unfathomable when someone's buying that number of cybertrucks. As in I can't fathom why someone would do that, unless to juice Tesla's numbers.
It's been awhile since I took accounting, but this looks like they are setting up a transfer pricing fraud.
Fuck SpaceX too.
THANK you. I can't even get excited about their successes knowing Musk is involved.
He literally already did something like this with tesla and solar city. There was a court case and everything but musk won so it's no suprise he's doing it again.
60m settlement. Technically a loss, but a slap on the wrist and a drop in the bucket as far as I'm concerned so I won't argue that it wasn't a win.
I can't believe this fucking court system.
https://www.pv-tech.org/delaware-judge-approves-us60m-settlement-for-tesla-shareholders-aggrieved-b/
Once you have enough money winning a court case is indistinguishable from losing one.
If the penalty for a crime is a fine it is only illegal for poor people.
Unfathomable and 1000-2000 are quite different… especially when talking about 250,000
@technocrit Using taxpayer money that they're granted due to the outsourcing of government functions like NASA and communications to bail out their incompetent boss's other failing business which was initially built on tax credits supposedly created to address climate change. None of Musk's companies are profitable, they're just good at stealing from the mooks who run governments.
Musk: most efficient in the world at extracting the public's money via government.
Besos: most efficient in the world at extracting the public's money directly.
Nothing is based on supply and demand anymore. The "market" no longer makes corrections. It's all manipulatable fuckery and the elite still wants you to believe that the stock market is stable. The big bubble burst will be money, and how it's abused/misused, not AI.
Wash trading at its finest.
This is how Elon will make his pay package. Buy them from himself!
He's already done this before too. See the Boring company purchasing a bunch of cars too
I failed to understand why Tesla shareholders thought that it would be a success. Everything about it is stupid. Far apart from any political situation that musk cause caused.
It made out of suspect material that is obviously going to corroded and accelerated rate thus causing them to have to do financially onerous repairs, it's a regulatory nightmare anywhere outside of the United States, it's demonstrably not a very good truck and thus has a very limited market, and it's unnecessarily heavy without offering any real benefits for that weight so it has terrible range. Oh and it has a tendency to get stuck in mud any deeper than one micron. What a wonderful product, why isn't everyone getting it?
~~Money laundering?~~ Stock boosting, same difference.
Playing games with the shareholders. Giving tesla a boost by paying for it with spacex.
That's a creative use for the state handout that he receives for spacex, propping up the shareholders.
Oroborous Economics
Fraud?
Straight up fraud
Anybody that even indirectly gives any resource to these companies is being had
Calling it now, spacex will merge with Tesla to try hit the valuation for Musks pay package
From one pocket to another...
He only gets his reinstated absurdly large Tesla bonus if Tesla does really well.
What can be better for profits than selling a bunch of cybertrucks? (Even if it is to himself.)