• Basic Glitch@lemm.eeEnglish
    10·
    2 天前

    😭🎻

    https://www.marinelink.com/news/elon-musks-firm-buys-two-offshore-rigs-484690

    https://www.worldoil.com/news/2021/1/25/elon-musk-s-gas-drilling-plans-in-texas-meet-legal-resistance

    https://www.forbes.com/sites/cyrusfarivar/2025/03/17/power-hungry-ai-data-centers-seek-more-quick-and-dirty-mobile-gas-turbines/

    https://www.npr.org/2024/09/11/nx-s1-5088134/elon-musk-ai-xai-supercomputer-memphis-pollution

    🎻😭

    I will say though, I’ve been suspicious he’s had long standing plans to just dump Tesla at some point in the near future anyway. I’m hopeful the point he was planning to jump ship and sell off his stock has gotten beyond his control and he can’t do it without majorly fucking himself over.

    Aside from everything else he’s done to get deeply involved in the oil and gas industry, what made me really suspicious was when DOGE removed all EV charging stations from federal buildings for not being “mission critical.”

    https://gizmodo.com/u-s-government-removing-ev-chargers-from-all-federal-buildings-because-they-are-not-mission-critical-2000566987

  • TommySoda@lemmy.world
    185·
    4 天前

    You know what’s horrific and evil? Cutting Medicaid and social security for millions of people because your billions of dollars isn’t enough money to make up for the fact that you’re a giant man baby.

  • jmcs@discuss.tchncs.de
    156·
    4 天前

    He assumed his opponents would kill random people instead of targeting his property.

    He probably can’t even comprehend a worldview where people prefer to attack wealth over taking another human being’s life.

    • cabinet_sanchez@midwest.socialEnglish
      14·
      4 天前

      I was looking for someone saying this. He was envisioning a bunch of us poors fighting each other when he called for civil war. He never thought it would be all of us against him.

      It really does show that violence might be the only way to get through to these people. Not that I would ever advocate for such a thing directly myself of course of course. But if this is the only thing that gets their attention, it seems like he’s inviting more of it.

  • collapse_already@lemmy.mlEnglish
    22·
    3 天前

    I’m still not convinced that isn’t just insurance fraud to try to recoup some money for junky cars no one wants while pretending he’s a political victim.

    • markstos@lemmy.world
      7·
      4 天前

      Burning lithium batteries are explosive, toxic and released heavy metals.

      There’s a limited supply of the materials for EVs and e-bikes but a huge value in replacing gas cars with these vehicles.

      Burning these huge batteries harms people breathing the air in the area.

      • melpomenesclevage@lemmy.dbzer0.comEnglish
        20·
        4 天前

        hey what if we used trains with overhead wire instead? they’re better in basically every way, especially someplace relatively flat like vegas.

      • FabledAepitaph@lemmy.world
        10·
        4 天前

        Yeah, it’d be better just to cease their purchase and let them sit, completely useless. A burnt car gets an insurance payout. What about throwing those giant stickers on the windshield that don’t peel off without ripping and leave a ridiculous mess? There was a Russian YouTube channel where people would do that to people driving on sidewalks.

        Bonus money and business for car detailers? Lol

        • ralakus@lemmy.world
          8·
          4 天前

          I would agree normally, but at a larger scale, it would cost insurance more to replace everything leading to higher rates and possibly refusal of insurance due to the risk associated.

        • rumba@lemmy.zipEnglish
          5·
          4 天前

          throwing those giant stickers on the windshield that don’t peel off without ripping

          I read that in snowcrash, didn’t know it was a real thing.

        • NewSocialWhoDis@lemm.eeEnglish
          3·
          4 天前

          I thought Teslas (or maybe just the Cyber truck?) wasn’t insurable. I thought that was the whole reason Tesla has to offer car insurance, because regular insurers won’t cover them.

          • qbus@lemmy.world
            1·
            2 天前

            And it’s priorities like that is how we end up with paper straws and electric cars grinding up more microplastics from their tires that we inhale.

  • Stupidmanager@lemmy.worldEnglish
    5·
    2 天前

    If he thinks civil war is necessary but doesn’t think corporations will be casualties… then what does he define as civil war? Where less important things die? you know, those umm… soft gelatinous things. People, yes people are expendable.

    This soft and gelatinous thing looks forward to a place to expend his umm, anger and frustration.

  • melpomenesclevage@lemmy.dbzer0.comEnglish
    34·
    4 天前

    genocide? cool and good. black bagging people for protected speech? yeah, pretty fucking cool. letting people die of preventable disease and disaster? yeah, what are you, gay?

    but damaging a car? you’re basically the worst thing a person can be.

    • reksas@sopuli.xyz
      8·
      4 天前

      not damaging a car, what he considers attacking his ego by damaging his worthless scrap heaps. Weight on the word his, as they remain his cars even if you pay for them. he can take control of them or do whatever so you literally can’t even own a tesla, only suck up to musk.

  • merc@sh.itjust.works
    17·
    3 天前

    The best thing about this is that Tesla is massively overvalued. Like, the stock price is more than 20x what it should be based on Tesla’s earnings.

    If Tesla had a reasonable value, then hedge fund managers and other rich people would probably be buying it while it was temporarily down and getting rich as it went back up. But, with it so insanely overvalued, it’s much more likely they’ll short it or buy put options and hope to get rich when it finally crashes.

    • Yoga@lemmy.caEnglish
      7·
      3 天前

      Relatively speaking, Tesla is far less overvalued than in the past.

      At one point their market cap exceeded every other automaker in the world COMBINED.

      That might make sense if they were making unprecedented loads of money but of course they got trounced in sales compared to Toyota then and now.

      • merc@sh.itjust.works
        6·
        3 天前

        Yes, it was at something like 30x overvalued, now it’s only 20x overvalued.

        Glad you mentioned Toyota. Their P/E ratio is approximately 7. Tesla is approximately 100. If Tesla were a well run car company with a lot of good vehicles and an anonymous CEO who nobody hates, the fair value of their stock would be about $14 per share. It’s currently $236 per share.

        Someone is going to make mountains of money shorting Tesla stock, but unfortunately it’s going to be someone rich. The market can remain irrational much longer than normal people can remain solvent. Some rich dude is going to take the risk though and make out like a bandit.

        • Yoga@lemmy.caEnglish
          5·
          3 天前

          NOOOOO don’t look at P/E ratios (the auto sector has always had extraordinarily low P/E ratios) you have to look at relative PEG ratios!

          At least that was the copium years ago. Now that their sales growth has petered out globally (even before all of the President Musk backlash) and China has free-money’d their way to a technological advantage for EVs I don’t even understand it anymore. The other automakers are either caught up or rapidly approaching and the thing I’ve been saying for years (PHEVs are superior to BEVs for most people) is being proven true.

          Before I called it hysteria and FOMO and blind optimism but now I just don’t get it.