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Holy hell Elon has a galactically discrepant self-image.
Moron billionaire class. Think they’ll survive the collapse of humanity in their bunkers. The reality being they will be murdered by their staff on day one.
Praetorian guards again, go figure
Every bunker needs an air intake and exhaust
His bodyguards will strangle his arse and take over his bunker.
That’s what the bomb collars are for.
“I don’t really like the bomb collar, but the pay is good and I get an hour for lunch.”
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Musk’s power only comes from his wealth. That wealth is in a currency that is tied directly to the world’s trust in the US government. That trust is being very quickly diminished. If things get ‘Mad Max’ bad all of his wealth will be absolutely worthless.
The vast majority of his wealth is stock market speculation, not even US currency.
Toyota is a car company that makes solid cars with an anonymous CEO. It has a P/E ratio of about 7.5 and a market cap of about $230 billion.
Tesla is a car company that makes a few solid cars, and one absolutely ridiculous vehicle that is the laughing stock of trucks. It has a CEO that most of the world has an intensely negative opinion of, and that negative opinion is highest among the people wealthy enough to consider buying a Tesla. It has a P/E ratio of approximately 175 and a market cap of $918 billion.
If Tesla’s P/E ratio fell to something more realistic, let’s be extremely generous and say 7, it would be worth only $37 billion, about 4% of the current value. Realistically, it should be significantly below that. When people are regularly spraypainting swastikas on your vehicles, your P/E ratio should be lower than other automobile manufacturers because it’s a sign that your future growth prospects may be slightly impaired by the unwillingness of people to buy your vehicles.
When Tesla’s value does collapse (and I’m convinced it’s a “when” not an “if”) it will crater Musk’s net worth, because at least half of it is due to his Tesla stock.
Supposedly the self driving capabilities is the reason for the high valuation, but he has lied about having it ‘by the end of the year’ for about a decade now. So maybe they will catch on around 2030 if the economy doesn’t completely collapse in the next few years.
Nobody who knows anything about self-driving would give Tesla any credit for that.
The fact that Tesla’s slight improvement to lane-assist is labelled as “full self-driving” by Tesla has really damaged the reputation of the industry. GM is way ahead of them because of the knowledge they have in-house thanks to Cruise. And Cruise gave up because they were so far behind Waymo.
Cruze also parked on a pedestrian, but I think Waymo is only working because google has the money to blow on human monitors working remotely.
Cruze is a different thing. Cruise did have a very public incident where a pedestrian was hit and dragged. But, they had driven more than 1 million miles without that happening.
And while these vehicles do have human monitors, they’re mostly that: monitors. The cars are mostly driving themselves.
I fucking hate stock market bullshit it’s just made up of people’s feels. Not even grounded in reality in the slightest.
Maybe when people collectively realize this ridiculous smoke trick of run away capitalism as our means of social organization is just that, smoke, we may have a chance.
But I guess in the meantime I wish I would have bought Bitcoin years ago even though it’s being treated as a security when it’s backed by thin air. It’s wild how concentrated the actual amount of Bitcoin is though. It’s like an oligarch’s wet dream.
As much as people hate short sellers, this is how they’re useful. They help make the prices of things in the stock market more realistic by finding the companies that are overvalued, short-selling them, and then telling the world how badly overvalued the companies are so that their stock returns to a more realistic price.
Don’t worry, that’s what Dogecoin is for! 🤡
Well most of that wealth is in the Tesla meme-stock (whose valuation he uses as collateral for credit), encompassing various nonsense-ventures, the roadster that never materialised, the electric articulated truck with thermonuclear-explosion-proof windscreen that doesn’t exist, a fake remote controlled robot, self-driving cars without the necessary sensors, not to mention a whole host of other stuff like a Mars colony that cannot possibly happen while observing the laws of physics as we understand them. Sorry but it was all such obvious bullshit to anybody that even paid a little bit of attention. How none of it was fraud is beyond me (free speech!). Instead of getting prosecuted governments (not limited to republicans) gave him contracts worth billions with which he extended and consolidated his burgeoning power.
There is a whole host of people who facilitated Musk’s rise to power, from billionaire-owned media outlets failing to question his bullshit, to $TSLA owners who have probably profited quite handsomely in the last few months. But I suppose that is the nature of capitalism laid bare - I’ll get mine and fuck you.
If it is true that one of China’s policies, with regard to beating America over the last and coming decades, was ‘do nothing and win’ we can see exactly why through Musk’s story.
“”“self-driving”“”***
If it comes down to it, Elon’s own security boys will lug him in the back of the head.
Who is this guy to have known several warlords? My guess is he’s either a glowie or a journalist.
Edit: Survey says journalist! Thank you to everyone who answered.
To this guy’s point, yeah, it’s hilarious that Elon fancies himself a survivor.
Yeah, so not only is he a journalist, he’s effectively a specialist on warlords and the far right.
Robert Evans does Behind the Bastards podcast, and has also reported on conflicts in Iraq, Ukraine, and Rojava, amongst lots of other things.
https://en.wikipedia.org/wiki/Robert_Evans_(journalist)?wprov=sfla1
Evans is the kind of guy to book his own ticket to a war zone and hope he gets paid for his reporting afterward. I have no idea if he’s ever done that, but he has that vibe. As others said, I think he’s a “journalist”, in a positive way.
edit: he did a whole series about Syria, way way before recent developments. “The Women’s War”. and Jake Hanrahan. I remember they paid a driver who kept giving them terrible cigarettes.
He’s literally done that before and been shot at by Isis snipers as part of it.
i do remember him trying to downplay it
Behind the Bastards is great! It’s like The Dollop but for the worst people in history.
Coolzone media is all fantastic.
For current events there’s It Could Happen Here and Executive Disorder (sub series of ICHH, weekly analysis of Trump admin)
He did a lot of coverage of the protests back in 2020 in Portland.
He’s also an amazing author: After The Revolution (fictional sci-fi American civil war, free to listen audiobook on the link) and his older A Brief History Of Vice (he talks about historic drug use and personally tries out all the weird ways people did drugs, very funny)
Coolzone media is all fantastic.
It’s good, but I don’t like that it’s a brand under iHeartRadio, which changed their name from the more infamous Clear Channel Communications.
If there’s a bastard in radio, it’s definitely Clear Channel.
They did address this recently. They’re not particularly happy with it either but their previous company got bought. iHeart doesn’t seem like it has much interest in meddling with CZM’s work in any case. They bring in enough ad revenue.
If you’re truly bothered and want leftist political pods with no corporate platforms then there’s always the channel zero network. They have a lot of fun stuff!
Who is this guy to have known several warlords?
This guy is Robert Evans, world famous podcaster of Behind The Bastards fame.
honestly he is awesome
He might just live in or near a very particular region of Africa or perhaps the middle eastern mountains.
So he’s admitting to ruining everything and being a sexist piece of shit at the same time? Well done for being masterfully evil asshole. Satan high fives you for some style points on this one Elon.
All that money won’t mean shit if the economy collapses. Musk is such a goddamn clown.
All that money won’t mean shit if the economy collapses.
Money is temporary, daddy’s blood diamonds are forever. 💎
Elon’s wealth comes from the value of Tesla stock - an overvalued PoS stock that has never paid a single dividend. His twitter loan was secured by Tesla stock, so the more the price tanks, at some point you’d think the loan would be called due.
But hey, Elon is now in charge of government contracts and spending, what luck.
Yeah, because when the world crumbles, it’s going to be that walking bag of mayonnaise and bile that people are going to want in charge.
Yeah. Being part of a corrupt kakistocracy, in a highly visible role, but not smart or tough enough to survive outside out your cushy trust fund corruption environment, is honestly one of the absolute worst places to be. You’d be better off as “prison inmate” or “homeless person.” Literally anything else.
i hope you write that down, as much as you can remember, and get it out there
The more chilling thing to me being that he is causing, wants, and/or expects this as someone “in power”, for wont of a better term. Is this a desire (definitely) or coming to terms with things already set in motion? I hope it’s just a shitpost, but who knows at this point?
It’s a nazi eugenics dream to wipe the country off of undesirables and initiate your plan of gender affirming individuals as they pop out of tubes. A good reminder thwt a journalist interviewed a billionaire who was showcasing their mega bunker in case everything goes to shit. What bothered the billionaire was how is he able to control his security when the natural order is upside down?
Journalist suggested empathy, to understand and care about your security detail. Billionaire disregarded that and suggested to himself shock collars would be more ideal than empathy.
So is he just coming out and saying he’s driving the country into the ground? Is that the point of this? How does this idiot still have any support?
His supporters all think they have warlord potential
I fucking love Robert Evans. BTB has consumed dozens of hours of my time.
Sidenote, of course this chode doesn’t acknowledge that he and his peers are unbelievably culpable in the downfall of society and probably the planet.
Of course they do, why do you think Peter Thiel has NZ citizenship?
Why do you think musk dabbles in Neuralink?
Lmao. In a post apocalyptic setting, Elon Musk is a trophy.
He’d be paraded around on a leash.
Think Channing Tatum in This is the End.
Depends on who caught him. He’d be paraded around on a leash if he was lucky
Guess he’d be lucky with me then.
I’d even scavenge the stores to get him a little “Musky” tag for his leash.
Hahaha you’ll be the first taco Tuesday Musk.
Using Max himself as the guy with warlord potential is kinda weird considering he has passed on the opportunity every time.
We’ve seen Mad Max, but what about Reasonable Max, Supply-Side Max or even Opportunistic Max? Or, in this particular case, Grimes-please-call-me Max? That’s a whole different story.
