So let me get this straight. Musk's main business, Tesla, seems to be crashing due to his political meddling. Twitter is currently worth less than half of what he paid for it. And SpaceX is dependent upon government contracts. This is our genius businessman? electrek.co/2025/02/06/t... - ThreadSky

sethcotlar.bsky.social • 21 days ago

So let me get this straight. Musk's main business, Tesla, seems to be crashing due to his political meddling. Twitter is currently worth less than half of what he paid for it. And SpaceX is dependent upon government contracts. This is our genius businessman?
https://electrek.co/2025/02/06/tesla-sales-crash-in-another-market-and-this-time-it-cant-blame-model-y/

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brentwokmaster.bsky.social•20 days ago

Twitter is worth about a third of what he bought it for, not half.

nouttosell.bsky.social•21 days ago

I'm not surprised to see that.
In the last few months there have been a huge number of Chinese made BYD cars appearing on the roads here in Australia.

omgponiez.bsky.social•21 days ago

I think what we’re learning is that Republican voters see “white guy who is a rich loudmouth” and autofill “good at business,” no matter how much readily available evidence exists to the contrary and no matter how wealthy they were to begin with

oaklandishdude.bsky.social•21 days ago

At some point you would think it would begin to affect the stock price but you know meme stocks are meme stocks

radicalrealism.bsky.social•21 days ago

MUSK is almost as good at business as his boss is at negotiating w/ trading partners. MX pres Sheinbaum got Trump to agree to work on stopping the flow of weapons from the U.S. In return she agreed to send MX troops to the border, wch MX was already doing. 🤣

diamondlifeca.bsky.social•21 days ago

Shhhhh

followtheanimals.bsky.social•21 days ago

Considering he's basically a chop shop foreman working to sell America's parts off to the highest bidders, I'd say he's the right man for the job.

vol-de-nuit.bsky.social•21 days ago

No arguement on Tesla and X, but one can be very successful with gov contacts over many decades. E.g. Rheinmetal - making weaponry since late 1800s. Still are.

belushimcc.bsky.social•21 days ago

Dude's just trying to get to Mars

marontheweb.bsky.social•21 days ago

He's not MY genius businessman.

300ps.bsky.social•21 days ago

Sucks to take over a country with the support of a base that is married to gas-guzzling trucks.

anothersandyjones.bsky.social•21 days ago

That’s why he meddling- to get more money and access to government contracts for himself. He’s cutting money from all the safety net programs home and abroad.

jjgass.bsky.social•21 days ago

And yet he’ll come out of this administration wealthier than when he went in, even if you deduct the quarter-billion he spent to get Trump elected.

thesmallestpoint.bsky.social•20 days ago

....and the USA is the next company on his list.

tippedbeaker.bsky.social•20 days ago

All new contracts to come.
Why would Elon care as he controls the Treasury payment system and Trump has decreed a “ sovereign wealth fund “, about the size of the yearly expenditure of our government.

jim0novak.bsky.social•21 days ago

He’s what they call a “government farmer” — that is, what he farms is the government and his crop is government checks.

janewassweet.bsky.social•21 days ago

His main business is grifting government contracts, but Starlink is his most lucrative venture.

technicallyowen.bsky.social•21 days ago

Isn't starlink massively in the red https://m.economictimes.com/news/international/business/is-elon-musks-starlink-profitable-spacex-satellites-are-money-losers/articleshow/109213827.cms
Everything with Elon is a grift.

tarzangirl.bsky.social•21 days ago

Kinda the perfect match for trump who background how many businesses again?

readriderock.bsky.social•21 days ago

Well, can he boast as many failed businesses as VP Trump? No, he cannot. Yet.

roneda.bsky.social•20 days ago

📌

ctkatz.bsky.social•21 days ago

his entire business model for ALL the businesses he bought and owns are heavily dependent on government subsidies. and so the more his businesses fall apart the more he's going to cut from the government to give to himself.

borednoodle.bsky.social•21 days ago

Everything Musk touches turns to shit. Republicans know that and that's why they've released him on our government. He's REALLY good and making things not work well.

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