this post was submitted on 06 Jun 2025
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[–] SolidShake@lemmy.world 1 points 6 minutes ago

I wonder if the trump cult also now hates him after saying he was the goat for the last 6 months.

[–] HappySkullsplitter@lemmy.world 10 points 2 hours ago
[–] Iambus@lemmy.world 15 points 5 hours ago (1 children)

He already has fuck you money so he doesn't give any fucks.

[–] stormeuh@lemmy.world 6 points 2 hours ago (1 children)

For now, he does have that yes, but his wealth is for a significant portion a house of cards built on the value of tesla stock. If the value of that stock falls far enough, lenders who gave him loans with tesla stock as collateral could margin call him, essentially asking for more collateral. That could make him the poorest person in the world quite quickly, i.e. billions in debt.

[–] Subverb@lemmy.world 1 points 19 minutes ago

While you're absolutely correct, even if Musk lost 99.7% percent of his wealth he would still be a billionaire (depending on whose net worth number you choose to use). I wouldn't hold out seeing him in a bread line or starting a gofundme.

[–] fadhl3y@feddit.uk 21 points 7 hours ago (4 children)

Next stop: Build an underwater city.

[–] hakunawazo@lemmy.world 23 points 5 hours ago (1 children)
[–] Phoenicianpirate@lemm.ee 7 points 2 hours ago

I wish more billionaires would get on those... and visit WW1 era military shipwrecks...

spoilerThe reason why that is a terrible idea is because during WW1, many naval artillery shells used picric acid as an explosive filler, picric acid reacts readily with metals to form highly sensitive picrate salts that are very sensitive to detonation upon being disturbed. Meaning messing with them even slightly has a significant risk of a massive underwater explosion happening. WW1 era military shipwrecks are strictly off limits to divers for that very reason.

[–] hypeerror@sh.itjust.works 7 points 5 hours ago

I'll donate my Playstation controllers for his scouting sub.

[–] SPRUNT@lemmy.world 4 points 6 hours ago

Would you kindly....?

[–] solarvector@lemmy.dbzer0.com 78 points 9 hours ago (5 children)

None of them are geniuses, it's just really hard to lose at capitalism when you have capital.

[–] Melvin_Ferd@lemmy.world 33 points 8 hours ago* (last edited 8 hours ago) (2 children)

Its a human blind spot. A lot of people confuse wealth for intelligence. In lower socio-economic levels, succeeding involves a lot of intelligence. Its a fucking struggle. Lots of fish trying to eat each other and take what little resources we have. One fuck up and it's all over. So anyone that is succeeding is also someone that with enough intelligence to foresee pitfalls and avoid them or escape with their wealth.

Those values are used to evaluate the people at the top which are swimming in a whole different pond. The neopotism and safety nets built into the upper crust of society is not part of the calculation that a lot of people use to factor into how they see these people. They still apply the same dog eat dog mentality to the upper crust of society.

[–] pupbiru@aussie.zone 11 points 7 hours ago* (last edited 7 hours ago)

honestly wealth at any level requires luck… intelligence barely factors into it. it’s less that 1 fuck up and it’s all over, and more that 1 fuck up without someone to cover it up or bail you out and it’s all over… the wealthier you are, the bigger the fuck up before you or someone else can bail you out:

poor? it’s an unexpected car issue

rich? it’s that you fucked over literally an entire country for years on end in a very public way that gained you very little

[–] Glide@lemmy.ca 3 points 6 hours ago

A lot of people confuse wealth for intelligence.

Smart people who make good products that people want will have the invisible hand distribute them wealth. Dumb people who make bad products that no one wants will go backrupt. This is the core philosophy behind why capitalism "works." It is a system that conflates wealth with virtue, by design.

You're right to point out that it is incorrect logic, but no one is confusing anything. The entirety of our Western world is build around this idea and reinforces it to its people at every single opportunity. They're making the judgements that they have been told are correct. Can we really say people are confused when they're confidently acting exactly as they've been taught from birth?

[–] ArchmageAzor@lemmy.world 7 points 8 hours ago

But Musk wants to be a trailblazer and prove that you can lose at anything.

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[–] rumba@lemmy.zip 6 points 6 hours ago (1 children)

Hard crash on the businesses, he sells whatever he has that's worth good money (other, not his, companies stock) and buys a bunch of the destroyed stock. Promises to cede control, but continue funding. Tesla rebrands, becomes affordable and consumer friendly.

I mean, there's no way he would let all that happen. But he's still sitting on an absolutely massive pile of money. If he had the balls to pull the rip cord he could sit right where he is for the rest of his life. He just doesn't have it in him.

[–] EchoSnail@lemmy.zip 12 points 6 hours ago* (last edited 6 hours ago) (1 children)

If I had fuck you money I'd buy Mount Everest, use my boring company to build a fucking subway railcar tunnel escalator thing. And then build an evil lair on top of my Everest. Fill a moat with lava or some shit, and then never see people again.

Id hollow out the mountain enough for artificial farms and then pay the local community filthy amounts of money to produce my food for me.

Oh. And also, 20 million to whoever can make proton work 100% on ARM64 or create a compatibility layer for x86/64 for ARM.

[–] ILikeBoobies@lemmy.ca 4 points 3 hours ago

You were so close to becoming a super villain

So much wasted potential

[–] Underwaterbob@sh.itjust.works 26 points 9 hours ago (2 children)

The thing is, this turd burgler could lose millions a day for the rest of his life and still retire more well-off than just about anybody. When's the last time a truly filthy rich person ended up in the gutter?

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[–] Melvin_Ferd@lemmy.world 11 points 8 hours ago (2 children)

5d chess or not, hear me out.

He may be autistic enough to burn it all down from the inside.

[–] Taleya@aussie.zone 8 points 6 hours ago (1 children)

It's not fucking autism it's the fact he's a perpetually kholed dickhead

[–] mad_lentil@lemmy.ca 4 points 6 hours ago (1 children)

k-hole'd

For any confused readers.

[–] captainlezbian@lemmy.world 3 points 2 hours ago (1 children)

Not to be confused with the kohled dickhead, Vance

[–] mad_lentil@lemmy.ca 1 points 1 hour ago
[–] AllHailTheSheep@sh.itjust.works 3 points 8 hours ago (4 children)

why are we still using autistic as an insult in 2025?

he may be moronic enough to burn it all down from the inside, but autism doesn't have shit to do with it. I'm tired of people trying to use autism as an get out of jail free card for utter stupidity. autism has very little to do with intelligence levels, and even if it does, it's the other way around according to most studies.

[–] nednobbins@lemm.ee 15 points 7 hours ago (1 children)

Have you looked up the history of the word "moron"?

[–] AllHailTheSheep@sh.itjust.works 3 points 7 hours ago

can't say I had, but I have now. thanks for the info. the point still stands.

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[–] Stern@lemmy.world 5 points 8 hours ago (1 children)
[–] MrsDoyle@sh.itjust.works 3 points 7 hours ago

That was my thought. I've never tried ketamine, but watching this clown dance through crises that would destroy a normal person makes me tempted to experiment.

[–] RadioFreeArabia@lemmy.world 12 points 10 hours ago

He is secretly a shareholder in BYD and shorting Tesla. Nothing else makes sense.

[–] plyth@feddit.org 11 points 9 hours ago* (last edited 9 hours ago) (1 children)

Are people that stupid to overvalue Tesla that much for years or is somebody stabilizing the market rate? Somebody is playing 5D chess but it is not Musk.

[–] ansiz@lemmy.world 7 points 9 hours ago

It's because so many institutional investors own Tesla stock. Most of the big hedge funds and that kind of thing. At least that's what I've heard, but it makes sense to me.

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