Tesla sales crash 45% in Europe as rivals surge, Musk’s politics spark backlash
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He didn't mismanage Twitter. He realized that he could spend 44B and gain control of the ruling political party of the US. He said "Twitter's value isn't in it's advertising, but in the public manipulation I can do with it!"
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As usual with billionaires (and actually most people with a significant wealth)
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Most of it from being a subsidy queen.
Now even more since he's important for the US war machine and is getting billions in contracts.
https://www.mintpressnews.com/pentagon-recruiting-elon-musk-nuclear-war/289055/ -
Well, I think forbes is maintaining a well known list, here's his entry, which should give you some info about the source of his wealth:
https://www.forbes.com/profile/elon-musk/?list=rtb/ -
What you described is mismanagement. Just because he benefits from it doesn't make it good management.
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Never. They are "true believers"
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And they live off of loans collateralized by stock. Musk has easy access to as much cash as he could possibly want, whenever he wants it. He's definitely not "cash poor".
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Their loss.
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Both of them, they're both fucking centi-billionaires, they couldn't give a fuck.
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From insider trading and also griefing crypto bro.
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live off of loans collateralized by stock
Definitionally cash poor.
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Underperforming the market by 30% is not looking good, or doing fine.
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the dupont family is also heavily inbred too.
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he got 100bn richer, and probably is getting more from plundering the us.
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Reason this has gotten lot of attention is that the way US has been negatively affective international citizens. Even if someone wants to keep their head in the sand when it comes to the US it's hard to ignore when they keep threatening tarrifs and then start threatening allies and forming bonds with their enemies.
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I moved out of Tesla to BYD stocks couple months ago just based on the output and price of their cars and feeling that tariffs aren't going to keep them out forever. Looking good so far.
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iT WaS a GeStuRe
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Yeah and their battery tech is just far beyond other countries. Was the main driver in convincing me to sell off Tesla and move to BYD couple months ago.
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Oh sorry, I shouldn't have assumed that everybody knows.
For others that may not know, the Tik-Tok strategy was having dual development teams to increase the pace of development. 1 team worked on making designs for new production processes. The other worked on improving that design while the next new process was being developed. The new process and design was called Tik, and the improved design on the same process was called Tok. -
Government contracts to his companies amount to more than $8 million per day currently, expect that number to grow now that Musk can decide which government functions he should privatize for his own gain. Verizon's $2 billion dollar contract with the FAA is likely to be cancelled so Starlink can get their cut.
