• 5 Posts
  • 557 Comments
Joined 1 year ago
cake
Cake day: June 19th, 2023

help-circle












  • I think his intense commitment to getting Trump elected makes more sense when you consider this article.

    His enormous wealth is largely stored in the form of Tesla stock, and that stock has been valued based on the belief that it isn’t a car company, it’s a robotaxi service currently selling the hardware to finance the software development. The value – and his wealth – can persist indefinitely as long as investors continue to accept that premise, no matter how long delayed. But if something tangibly undermines that premise, Musk could conceivably lose the majority of his wealth overnight.

    The National Highway Traffic Safety Agency is probably the greatest threat to his wealth. He doesn’t worry about competitors or protestors or Twitter users or advertisers. They’re all just petty nuisances. But the federal regulator over roads… that is his proverbial killer snail. And I think fully capturing the entire federal regulatory state is his strategy to permanently confine that snail.

    More than anything else, I think that’s what is motivating his radical embrace of fascism.







  • Andy@slrpnk.nettoWorld News@lemmy.world*Permanently Deleted*
    link
    fedilink
    English
    arrow-up
    15
    arrow-down
    1
    ·
    22 days ago

    Yeah, which I think is a real weakness in the reporting.

    40k dead is bad, but it’s a rounding error of the total population.

    A tenth of the total population dead, a fifth or a quarter of the population subjected to severe permanent disabilities, and nearly the entire population displaced, homeless, and presently starving to death is a clear genocide. They really are trying to exterminate them. It strains my ability to comprehend. In any case, “40,000” does not begin to capture the current scale of what has become a pretty standard, unambiguous genocide.