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Musk says Tesla will hold shareholder vote ‘immediately’ to move company’s incorporation to Texas (www.forbes.com.au)

submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Musk says Tesla will hold shareholder vote ‘immediately’ to move company’s incorporation to Texas::Billionaire Elon Musk justified the decision on the results of an unscientific poll run on his X account a day earlier.

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[–] Red_October@lemmy.world 188 points 9 months ago (2 children)

He's a fucking loser, and he'll never love you no matter how much you hope he notices you.

Musk isn't an Engineer. He hasn't designed anything, the extent of his responsibility for anything of value is telling other people, smarter people, to invent something. He doesn't create, he buys existing companies then parades around like he's the one that started them.

You want a shit take? Take a look at how far out of your way you went to defend him and you'll see that shit take. He hasn't used his money to improve shit. He used it to burn 20+ billion dollars on a global communications platform and turn it into a cesspit of lies and nazis.

So yeah, we'll dismiss him. Elon Musk is a fucking idiot that doesn't know when to shut the fuck up and throws a tantrum every time he's handed a loss.

[–] PrincessLeiasCat@sh.itjust.works 60 points 9 months ago* (last edited 9 months ago) (2 children)

lol every Musk fanboy ends up resorting to these types of comments:

What have you done with your life?
He’s a billionaire!!! Are you a billionaire?!?!

Which essentially, to them, means their darling precious Space Karen is immune to any criticism from any person.

It’s such a stupid and ridiculous copout that says a lot about what they value in life.

[–] tacosanonymous@lemm.ee 22 points 9 months ago

There is no ethical way to get that amount of money. The fact that he's worth that much makes him a piece of shit.

[–] vivavideri@lemmy.world 5 points 9 months ago (1 children)

SPACE KAREN 😂😭☠️

[–] PrincessLeiasCat@sh.itjust.works 3 points 9 months ago

I didn’t coin that term, the wonderful @trekonomics from Twitter (RIP) did and he deserves all the praise for its perfect gloriousness.

https://knowyourmeme.com/memes/space-karen

And

FYI, @trekonomics saw last night that the needs of the many — the gallows humor needs, to be precise — outweighed the needs of the few, or the one. His blue check is gone, but he sent it off in a blaze of glory by leading other blue checks in impersonating Space Karen™. https://t.co/sWCY7V5fgV pic.twitter.com/jlaCYjfFal

— Greg Greene (parody) (@ggreeneva) November 4, 2022

https://slate.com/technology/2022/11/elon-musk-twitter-impersonators-suspended-manu-saadia-trekonomics.html

[–] homesweethomeMrL@lemmy.world 15 points 9 months ago (1 children)

44 billion.

[–] Red_October@lemmy.world 22 points 9 months ago (2 children)

He bought it at 44 billion. It hasn't technically hit zero yet, last valuation I saw was around 20 billion.

[–] PrinceWith999Enemies@lemmy.world 6 points 9 months ago

Oh no, the last valuation I saw was one of the banks involved marked their investment down by about 80%, and that was before the X rebranding.

[–] phdepressed@sh.itjust.works 4 points 9 months ago

Fidelity marked down their 19.7M holding to 5.6M, extrapolating that -72% to the original 44B purchase and it is worth 12.5B, Musk and company claim its 20B right now. I'm wondering when all the lawsuits i heard about the office space lease nonpayments and worker severance are going to actually go through.