Summary

Carlos Slim’s telecom giant, América Móvil, canceled $22 billion in planned Starlink orders after Elon Musk insinuated Slim had ties to drug cartels.

The decision, made within hours of Musk’s tweet, costs Musk his main partner in 25 countries and shifts business to Chinese and European competitors, further reducing U.S. commercial influence.

Musk’s increasing political entanglements and conspiracy-laden posts are alienating key business partners and consumers, with potential ripple effects on Tesla sales.

  • wjrii@lemmy.world
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    2 days ago

    Damning with faint praise, but you’re not wrong. No billionaire getting stuck-in like Musk is doing it to make the world a better place for anyone else, and no one except autocrats and accelerationist wackos should be pleased with how things have changed in the last 6 months.