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Elon Musk: Officially a fraud and piece of shit. Official or unofficial war criminal?

MaybeACoordinator

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Captainant

Captainant 28504

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Tesla sued by deceased driver’s family over ‘fraudulent misrepresentation’ of Autopilot safety

(CNBC reporting) Tesla is being sued by the family of a driver who died in a 2023 collision, claiming that the company’s “fraudulent misrepresentation” of its Autopilot technology was to blame.

The Tesla driver, Genesis Giovanni Mendoza-Martinez, died in the crash involving a Model S sedan in Walnut Creek, California. His brother, Caleb, who had been a passenger at the time, was seriously injured.

The Mendoza family sued Tesla in October in Contra Costa County, but in recent days Tesla had the case moved from state court to federal court in California’s Northern District. The Independent first reported on the venue change. Plaintiffs generally face a higher burden of proof in federal court for fraud claims.

The incident involved a 2021 Model S, which smashed into a parked fire truck while the driver was using Tesla’s Autopilot, a partially automated driving system.

Mendoza’s attorneys alleged that Tesla and Musk have exaggerated or made false claims about the Autopilot system for years in order to, “generate excitement about the company’s vehicles and thereby improve its financial condition.” They pointed to tweets, company blog posts, and remarks on earnings calls and in press interviews.

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Spottieottiedopaliscious
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Hotez is far from bulletproof.       

MissingInAction
MissingInAction
Spottieottiedopaliscious
Spottieottiedopaliscious

Absolutely.    Would you like other guys pointing out Hotez deficiencies?   It was actually more about Hotez but whatever? Why stick around? All the constructive back and forth

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tomahawk dunk

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https://www.thepoke.com/2024/10/24/brutal-description-of-elon-musk-pulled-no-punches/

 

“He doesn’t found anything, he’s just a cuckoo. He arrives in a nest and just pushes out the founders and then opens his gob wide and then forces the government to feed him subsidies and then flits off to another nest and pushes out another couple of founders and gorges on the public purse.”

 

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Captain Ron

Captain Ron 13125

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The law does not apply to Elon Musk

sadly, this is closer to the truth here.

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Meanwhile in securities law, I have wondered for quite a long time now about Musk’s acquisition of Twitter Inc. shares in 2022. Before he bought all of Twitter, Musk bought about 9% of the stock in the open market over the course of several weeks. When he acquired more than 5% of the shares, the law required him to disclose his ownership within 10 days. He waited 21 days, buying more in the meantime, and when he did disclose his ownership he did so misleadingly, on a form suggesting that he was a passive investor with no plans to influence the company. (In fact he had already begun discussions with Twitter about buying the whole company.) This is not that serious a securities violation — people do not go to jail for this — but it is a very obvious violation, and it seems to have saved Musk about $143 million: By not alerting Twitter shareholders that he was buying the company, he was able to pay less for their shares than he would have if he had followed the law.

You might have expected that the US Securities and Exchange Commission, seeing this absolutely open-and-shut violation of the law, would have sued Musk within a few weeks. Instead the SEC has spent the last two years making vague burblings about investigating Musk and repeatedly questioning him about what seems, from the outside, like an extremely simple legal violation.

Which, again, is weird, and not how other people get treated. (Here is a September SEC announcement of “settled charges against 23 entities and individuals” — including Goldman Sachs and Alphabet Inc. — “for failures to timely report information about their holdings and transactions in public company stock.”) But the point is that, if Musk has been 60% subject to securities law for the last two years, that number is going to drop precipitously in about a month. Anything that the SEC wants to do about this, it has to do pretty quick. And so:

 

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NoName

NoName 17146

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33 days of govt shut down? Lol IMG_8859.thumb.jpeg.4884d2431ef5ce9bcf17195e658ed1be.jpeg

The last time these guys made one happen, over 50 percent blamed the then president and the CBO estimated it cost 3 billion in permanent losses and the White House Council of Economic Advisors estimated that each week of the shutdown reduced GDP growth by 0.1 percentage points, the equivalent of 1.2 points per quarter

Bust sure. We will be fine lol

Also, this.

 

 

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atomheartbevo

atomheartbevo 90626

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6 minutes ago, 956 Worldwide said:

Elon is a tool of America’s foreign adversaries. 

Or just a tool who is too dumb to realize that we just went through a pandemic, and also that we aren’t the ones who are going to be using bioweapons.  It’s going to be Russia or a third-world country like Syria, but we have to be prepared to be on the receiving end.

 

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Hank Kingsley

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34 minutes ago, atomheartbevo said:

Or just a tool who is too dumb to realize that we just went through a pandemic, and also that we aren’t the ones who are going to be using bioweapons.  It’s going to be Russia or a third-world country like Syria, but we have to be prepared to be on the receiving end.

 

Play the hits 

 

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atomheartbevo

atomheartbevo 90626

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Oligarchs in the house

https://www.chron.com/culture/article/spacex-tceq-lawsuit-19988870.php

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Since summer 2023, SpaceX has used a water deluge system for its massive Starship rocket as a cooling element. Each time the system is activated, up to 358,000 gallons of water are pushed up from ground tanks to rapidly cool the launch pad and rocket and can then flow a half mile across the landscape. SpaceX attained stormwater permit authorizations in 2023, but not permits to discharge industrial process wastewater as the federal Clean Water Act typically requires. 

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The Environmental Protection Agency told SpaceX in April that its discharges don't appear to be covered, but the rocket maker proceeded with multiple static fire tests and a launch until finally submitting an application to the TCEQ for a new permit in July, the lawsuit says. Then, an investigator with the commission concluded that SpaceX had been operating discharges without proper authorization. 

SpaceX and TCEQ then landed on an agreement that the spacecraft company would pay a $3,750 penalty. 

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Though SpaceX CEO Elon Musk has claimed the discharges are "potable drinking water," they contain potentially toxic chemicals once they come into contact with rocket exhaust. When other vehicles take off from sites such as NASA's Kennedy Space Center, trenches are used to contain water from the deluge system, NPR reports.

Now, the plaintiffs, which include activist group Save RGV, the South Texas Environmental Justice Network and the Carrizo Comecrudo Tribe of Texas, say TCEQ also granted temporary authorization to discharge pollutants from the deluge system. 

 

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Goredho

Goredho 17649

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11 hours ago, Captainant said:

Hell of a return on musks $200,000,000 contribution to trump's campaign. Now musk can renegotiate his loans and re-up for more tax free money out of his stock holdings

That’s just being an effective CEO who does whatever it takes to secure a good return for investors and shareholders.

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High Plains Drifter

High Plains Drifter 11186

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16 hours ago, atomheartbevo said:

Oligarchs in the house

https://www.chron.com/culture/article/spacex-tceq-lawsuit-19988870.php

 

 

I posted somewhere earlier in this thread that Brownsville, Boca Chica, the Laguna Madre, and Padre Island will end up being a superfund site. And the taxpayers will be the ones paying to clean it up. 

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NoName

NoName 17146

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20 hours ago, NoName said:

33 days of govt shut down? Lol IMG_8859.thumb.jpeg.4884d2431ef5ce9bcf17195e658ed1be.jpeg

The last time these guys made one happen, over 50 percent blamed the then president and the CBO estimated it cost 3 billion in permanent losses and the White House Council of Economic Advisors estimated that each week of the shutdown reduced GDP growth by 0.1 percentage points, the equivalent of 1.2 points per quarter

Bust sure. We will be fine lol

Also, this.

 

 

Lol

 

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