Cyberstuck being pawned from one company to the other to boost sharehodler value xD
myislanduniverse on
So considering how Elon intermingles assets from all of these companies, public or private, they weren’t really „sold“ at all.
AdHoc_ttv on
Autoerotic business model
gmiller89 on
Once SpaceX is public, will they still be able to pull this legally? Seems that SpaceX, X, XAi(or whatever his AI company is) and Tesla just pass money around between them
AvailableReporter484 on
Elon was quoted as saying
> Thus creating the self-sustaining economy we’ve been looking for.
Doctor_Amazo on
… I feel that Elon using one company to fake success with another company is just committing fraud.
Investors should be pissed at this.
badgersruse on
I’m sure l’ve seen more than 18 Cybertrucks at spacex.
Just-Install-Linux on
it sounds like it should be fraud but i don’t know
Imaginary_Scene2493 on
Taking a lesson from the AI circular investing, I see. We need to tighten fraud laws whenever adults get in charge again.
GrumpyTom on
SpaceX gets significant funding from federal contracts and grants, right? So taxpayers are indirectly subsidizing the failure that is the cybertruck?
illz569 on
And with their move onto the S&P500, you’ll end up owning those Cybertrucks! Elon found a way to sell his low res shitboxes to people who don’t even want to buy them!
No_Article4254 on
The equivalent of having yourself as your wallpaper
coulls on
Project „ouroboros“… 🤣
umpfke on
Circlejerking
copperblood on
When no one wants your shit product just shuffle it internally between companies. Ahhh the Tesla way 🤣
Iamhungryforlife on
Cyberpunk sales are reported at 46,000 according to the Google. 18% would be 8280. Space X has about 13,000 employees. So a new truck for over half of them!
Wizywig on
So Elon gets to hype one company with another, which hypes investors, and they just endlessly give him cash, which he then uses to buy politicians and prevent himself from getting investigated.
Yep. Sounds good to me. Glad we’re living in this timeline.
/s
Y0___0Y on
Any other person doing clownish shit like this would have been laughed out of the automotive industry.
what other automotive CEO has a separate company, funded by government subsidies, that buys 20% the cars produced by his car company in a year? That’s so pathetic. Tesla is dying but Musk is special so it gets to keep its high stock price…
ExcelMaster1 on
Isnt that some sort if accounting fraud?
badgersoccer1905 on
Ponzi scheme anyone?
crustyeng on
If that’s not illegal, it should be.
djdaedalus42 on
Self-dealing is the hallmark of the true scammer
tmdblya on
That’s your government subsidies being used to buy those Cybertrucks. From your pocket to Elon’s, like magic.
frustrated_futurist on
Sounds like government subsidy fraud.
Separate-Spot-8910 on
just shuffling money around and cooking the books
chestercoppercock on
Isn’t that the definition of robbing Peter to pay Paul?
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26 Kommentare
Cyberstuck being pawned from one company to the other to boost sharehodler value xD
So considering how Elon intermingles assets from all of these companies, public or private, they weren’t really „sold“ at all.
Autoerotic business model
Once SpaceX is public, will they still be able to pull this legally? Seems that SpaceX, X, XAi(or whatever his AI company is) and Tesla just pass money around between them
Elon was quoted as saying
> Thus creating the self-sustaining economy we’ve been looking for.
… I feel that Elon using one company to fake success with another company is just committing fraud.
Investors should be pissed at this.
I’m sure l’ve seen more than 18 Cybertrucks at spacex.
it sounds like it should be fraud but i don’t know
Taking a lesson from the AI circular investing, I see. We need to tighten fraud laws whenever adults get in charge again.
SpaceX gets significant funding from federal contracts and grants, right? So taxpayers are indirectly subsidizing the failure that is the cybertruck?
And with their move onto the S&P500, you’ll end up owning those Cybertrucks! Elon found a way to sell his low res shitboxes to people who don’t even want to buy them!
The equivalent of having yourself as your wallpaper
Project „ouroboros“… 🤣
Circlejerking
When no one wants your shit product just shuffle it internally between companies. Ahhh the Tesla way 🤣
Cyberpunk sales are reported at 46,000 according to the Google. 18% would be 8280. Space X has about 13,000 employees. So a new truck for over half of them!
So Elon gets to hype one company with another, which hypes investors, and they just endlessly give him cash, which he then uses to buy politicians and prevent himself from getting investigated.
Yep. Sounds good to me. Glad we’re living in this timeline.
/s
Any other person doing clownish shit like this would have been laughed out of the automotive industry.
what other automotive CEO has a separate company, funded by government subsidies, that buys 20% the cars produced by his car company in a year? That’s so pathetic. Tesla is dying but Musk is special so it gets to keep its high stock price…
Isnt that some sort if accounting fraud?
Ponzi scheme anyone?
If that’s not illegal, it should be.
Self-dealing is the hallmark of the true scammer
That’s your government subsidies being used to buy those Cybertrucks. From your pocket to Elon’s, like magic.
Sounds like government subsidy fraud.
just shuffling money around and cooking the books
Isn’t that the definition of robbing Peter to pay Paul?