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.
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!).
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.
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.
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!).
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”“”***
Don’t worry, that’s what Dogecoin is for! 🤡
The vast majority of his wealth is stock market speculation, not even US currency.