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Could X go bankrupt under Elon Musk?
(www.bbc.com)
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this post was submitted on 03 Dec 2023
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You don't need a complex business model for this to make sense. The man has had "fuck you money" his entire life. Things are finally not going his way and he only has one way to respond..... by saying "fuck you" to the people he doesn't like.
Pretty much. I understand the impulse to think he has to have some secret plan, some rational explanation for his behavior. I used to think the same thing, that there was some way he would actually make money from destroying the company, but no. No, he's just an impetuous, impulsive idiot who tricked himself into having to buy the company at meme stock prices, and is going to burn the whole thing to the ground purely because he is, in fact, a dumbass.
That impulse is similar to the impulse I see in conservatives when they claim Trump has to have a plan. "he's eluded prison time his whole life!" "He managed to become president!" Etc. Like. They insist there's a method to the madness. That method is that he shouts down anyone who tells him he's wrong and sells everyone else bravado. That's it.
It turns out that the most unrealistic part of "The Emperor has no clothes" was the crowd realizing after the child points it out that they've all been fooled.
The crowd will chastise the child and throw the child out of society for asking such a stupid question, or for making the emperor look foolish.
No shade, and I mean it. But I wonder if you could explain what it was that convinced you that he was smart originally?
Yeah. Most people, especially in the establishment press, don't know or pretend to not know that this is the first time he's actually shaping how a company is run rather than pay someone else and then take credit for their work like he's always done.
Everything went well when he pretended to be Tony Stark inventing and designing every part of his companies while others did it all much better than he ever could.
Now that he's publicly making actually meaningful (as in they have a big impact, not as in them making sense) decisions, he's showing the world that he's just an extremely impulsive malignant narcissist 52 year old manchild who desperately craves to be seen as cool and edgy by young people.