Well….not sure if I’ve seen another human being melt down in real time but we are seeing it right now with ole elon and it is not pretty….and every time he opens his mouth, tesla stock takes another nosedive losing almost 10% Friday…meaning that tesla has lost hundreds of billions of it’s worth since elon started to try to buy twitter and shot his mouth off that he is only going to vote for repubs from now on…and that is really no surprise since the repubs are the party of the pouty billionaires who know they won’t make them pay their fair share of taxes…I wonder how the board of tesla feels about ole elon tanking the stock price by almost 50% from it’s high? And how he is alienating the normal left leaning tesla buyer with his pronouncements that he is now full maga? How many coal rolling maga folks buy teslas? I think all of this stems from him having someone say no to him for the first time in his life and not falling to their knees and worshiping him like he is used to….and his petulant reaction to is is just like a spoiled child that lashes out when he is told no….and let’s remember, ole elon is not a self made man…he inherited hundreds of millions from his daddy who was an emerald mine owner…and remember that he bought into tesla, he didn’t invent them he just brought cash to a product that was already in progress before he showed up….if anyone cares about him, they should pull him aside and call him out on this craziness and try to put him back on at least a quiet path….it costs quite a few people lots of money as he careens around shooting his mouth off….and as much as I like to see rich assholes lose everything, I feel for the workers at telsa that are going to pay the price for elon’s maga conversion…
Tag Archives: Elon Musk
Shouldn’t the SEC investigate Musk?
Well… with ole elon manipulating the stock price of both tesla and twitter with his loud mouth, moronic proclamations, shouldn’t the SEC start an investigation into what the hell is going on? Since this moron announced he was going to buy twitter using tesla stock as collateral, the price of tesla is down almost 40% which is the trigger for elon having to pay back the entire loan immediately…and there is no way he can come up with 44 billion dollars in cash…so today, he announces that the twitter purchase is on hold for some bullshit reason, and tesla stock goes up by 10% getting him out of the danger zone….and the kicker is that twitter stock dropped by 12%, making the company worth much less than the amount that ole elon offered for it…if this is not illegal stock manipulation, than what the hell is? This is not the first time he has done this, and with the established pattern of him doing the over and over, now is the time for the SEC to launch a criminal investigation and stop another rich guy from thinking the law doesn’t apply to him…geez…
Could it be karma?
Well…you know, there are times that I do believe in karma and that people get what they deserve when they are so damn terrible people…and yesterday was one of those days when Tesla’s stock dropped almost 140 billion dollars in reaction to ole elon borrowing against it to buy twitter…and the sick thing is that it means nothing to elon…he still has 300 billion dollars and there is just something wrong with that…and the shenanigans have already started at twitter with conservative assholes gaining thousands and thousands of followers while the progressive voices have been losing them hand over fist…even Mark Hamill has lost over 8,000 followers since the sale of twitter was announced…and ole elon’s freedom of speech bullshit has been revealed to be just that…all he wants is to be free of twitter’s moderators and be able to attack whoever he wants…starting with some twitter execs who were then piled on by all of the deplorables who elon is allowing back on twitter…okay, he doesn’t own it yet so I’m not sure how much he had to do with it but he was setting the example that attacks are just peachy with him if they are to support him…hmmm…who does that sound like? trump? Yep….and he is just trying to intimidate people who work for twitter to show them that when he is in charge, they will have hell to pay if they cross him…and that is exactly what elon does…when he disagrees with someone or they disagree with him, he wants twitter to be able to launch an even bigger attack that the people he is attacking can’t respond to…and that is not “free speech”, it is just another rich guy trying to shut everyone else out of any conversation…after all, the only people these rich assholes think should have the right to speak to them are other rich guys…geez…
The financials don’t work…
Well…I promise you this will be the last one about twitter and ole Elon today but it deals with just another one of the confusing details about why he is buying twitter in the first place….and this one will be short so no TLDR….when you look at the details of the deal, it looks like Elon will be borrowing around 25 billion dollars to make the deal and at 4-5% interest on the loan, that is about 1.5 billion dollars in interest alone…and the funny thing is that even in it’s best year, twitter has never made that much money…maybe a billion dollars or so and that means that Elon is going to have to squeeze a half a billion dollars of cost out of the organization to make it work…and isn’t that always the way? Venture capital or billionaires swoop in and the first thing they do is fire everyone who is making any money so they can pump the stock and then dump it…with twitter going private, that won’t be the case here with the stock but there still needs to be a half billion dollars in costs taken out since analysts agree that there is not enough potential revenue growth to support the half billion in extra profit. So why? Could it be as simple as a thin skinned billionaire getting pissed that people on twitter don’t kiss his ass as much as he thinks they should? That would be a laugh and right now it is as good an explanation as any other…geez…
Let’s remember this about Elon….
Well…before anyone else feeds the world the bullshit that Elon Musk is a “self made” man, let’s remember this about him…he was born rich in South Africa where his father owned an emerald mine and made his money on the backs of black laborers in the apartheid era when they were treated as little better than slaves and who lived in shanty towns with no running water or any other services like electricity while Elon and his family lived in a palatial estate and that he inherited along with the mine…so it’s bullshit that he “built” everything that he has…like most other billionaires, he started out with a few hundred million from daddy or grandpa and then used the power of that money to get where he is…and when you see the union busting tactics at his tesla plants and the widespread racism that permeates them, and the fact that he was a regular visitor at the idiot boy’s WH tells you all you need to know about him….he is not someone to hold up as any sort of a role model, after all, he can come up with 44 billion to buy twitter but whines, whines, and whines about having to pay any taxes at all…just another billionaire moocher whose companies wouldn’t exist without the largess of the US people and government….geez….
Quitting twitter after today….
Well…I really hate frickin billionaires….with the pandemic windfall the all of these parasites made over the past two years, they now have trillions of dollars to take over the country and it’s communications…and today, Elon Musk is going to buy twitter with some of that free money and I, for one, am not going to help him make even more money so I will be leaving twitter after today. Look, the country just does not need another trump humper in charge of another huge part of the news/communication infrastructure like they have taken over most radio and television stations in this country…and the only reason he’s doing it is to help the far right spread their hate and propaganda since twitter now has rules in place to stop the spread of disinformation and lies but when he is owner, those rules go away and it turns into just another parler or gab where lies will be the currency of the day and support for the killing of our democracy is one of it’s prime purposes. This is the reason we need a billionaires tax that keeps this much power from the hands of a few right wing assholes who don’t give a damn about anything but themselves…bye,bye twitter…
I guess “donated” means something different to Elon…
Well…at the start of the Russian war against Ukraine, the richest man in the world, Elon Musk, mad a big deal about “donating” some of his starlink internet receivers to Ukraine so they could continue to access the internet even if the hardwires were destroyed…well…I guess “donated” means something different to ole Elon than it does to you or me….just today, it was reported that you and I paid our tax dollars at the market price of 1500 bucks per receiver for the 1333 terminals that Elon said he “donated”…and the government also paid 800K to transport them to Ukraine….so, I guess Elon couldn’t afford to donate 3 million bucks like he says he can’t afford to pay taxes even though he made hundreds of billions of dollars during the pandemic….that is the problem with depending on the largess of billionaires instead of taxing them and then letting the government put the money to best use…most of these guys are just greedy as hell and to have them give up a penny for the greater good is just too much to ask it appears….so, while you see Elon patting himself on the back for a lie, just remember he was a regular at the trump WH and is just another maga asshole who cares about nothing but himself….geez…
Rich whiners….
Well…after the details started to come out on how the new infrastructure and BBB bills are going to be paid for by making the rich and corporations pay their fair share, you could predict that the rich would come out and start whining about how much the tax increase is going to cost them…with the first whiner out of the box being Elon Musk who said that he would owe almost 10 billion dollars a year…and went on and on how it isn’t fair blah, blah, blah…I guess he didn’t think anyone would report that with the increase in the price of Tesla and spaceX stock that happened Monday, he made 36 billion dollars in one frickin day…yep, that’s billion with a B and this asshole is whining he may have to pay 10 billion in taxes for a year? He has more money reserves than most small countries and he still bitches about having to pay taxes…Elon, remember what this country did for you to make you so damn rich…don’t you think is would be fair that you pay some taxes to help pay for the infrastructure that the US government built for you? And pay some taxes for the contracts they have given SpaceX that essentially built your company? I have had enough of the rich just whining when they don’t get everything they want….and it is happening more and more and more…what the hell do they have to bitch about? geez….
Sorry, Elon…
Well…damn, I am going to admit that I was really, really wrong hectoring Elon Musk for donating to a repub super pac when I should have done more research to find out what was really going on….the donation was done just to buy access to repub politicians so they would listen to him…I guess even rich people have to pay to play with the repubs these days…and this is a huge difference between those of us on the left and the idiots on the right…when we are wrong we admit it, apologize, and try to do better…they don’t….sorry Elon…
Elon, WTF?
Well…just saw some disturbing news about Elon Musk that is going to turn a lot of people’s stomachs…I thought he was a okay guy who understands that climate change is going to destroy this planet, and that equality for all is necessary for a fair society. Yeah, not so much…it was revealed today that he wrote a check for 40,000 dollars to the super pac whose sole purpose is to keep repubs in control of the House…yep, the guy that stands up and lies to everyone that he believes in social justice is trying to ensure that the knuckle draggers who are trying to take us back to the 1800′s keep control of the House and do more damage to this country…so, to any gays that are thinking about buying a Tesla, the profit from your car is going to make sure you will never be equal in this country…to any women out there who are thinking of buying a Tesla, the profit from your car is going to the party that is doing everything they can to make sure you won’t have control over your own body anymore…I know I can’t afford a Tesla, but I have been supportive of Space X and now that ends with this sickening bit of news…I guess money is the only thing that matters to Elon…should have figured that out….WTF Elon?