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

MaybeACoordinator

By MaybeACoordinator
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Spottieottiedopaliscious
Spottieottiedopaliscious

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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MC Fresh Breath

MC Fresh Breath 4075

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Also, very unrelated subject but I saw a YouTuber posit that the message from Elon and Twitter is that you can fire 75% of your staff and still run your company.  Sadly, I think that  is definitely the message tech CEO's took from it, regardless of the quality ( or lack) on the platform itself.

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Captain Ron

Captain Ron 13133

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Posted
30 minutes ago, MC Fresh Breath said:

Fair points, and I think this point in particular is true.  I guess I'm more interested in potential side effects of this suit, but even then that's pure speculation. Intersting HN discussion the suit:
https://news.ycombinator.com/item?id=39559966

I think one thing lost here is that OpenAI has 2 different organizations here. There is the OpenAI nonprofit that still exists. And they own a for profit organization now. Many organizations work this way (an example used was the Philly inquirer which is for profit owned by a nonprofit that manages them). I think Elon is completely grasping at straws here because he got out early and has no control.

And this doesn’t even point out the other ridiculous demands. 

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Captain Ron

Captain Ron 13133

Posted
Posted
26 minutes ago, MC Fresh Breath said:

Also, very unrelated subject but I saw a YouTuber posit that the message from Elon and Twitter is that you can fire 75% of your staff and still run your company.  Sadly, I think that  is definitely the message tech CEO's took from it, regardless of the quality ( or lack) on the platform itself.

I don’t think they took the 75% away, but they certainly got them message to cut staff and raise profits. I don’t think this 5-10% RIF we are seeing is by accident. 

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956 Worldwide

956 Worldwide 35598

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21 hours ago, Pato del Muerto said:

Would

At courthouses all across the world, there’s images of absolute goddesses with their boobs out wielding swords and scales.  Then you get inside and this complete letdown for what actually goes on. 

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Captain Ron

Captain Ron 13133

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7 hours ago, 956 Worldwide said:

At courthouses all across the world, there’s images of absolute goddesses with their boobs out wielding swords and scales.  Then you get inside and this complete letdown for what actually goes on. 

image.png.59dcd8e67bb2042de6285593293253e2.png

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Nivek

Nivek 17420

Posted
Posted
google legitimately just pushed out an update that wouldn't put white people in historically accurate places. What the fuck else do you need? Do I think it was nefarious and some mechanism to wipe out white people. No, I'm not a moron. I do think it's a manifestation of being run by a bunch of fucking morons who care more about metrics and feel good DEI than they do about reality. 

If I worked at google I would do this shit too, just to amuse myself as morons got triggered and interpreted the tea leaves.
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Captain Ron

Captain Ron 13133

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Posted
2 hours ago, NoName said:

There are bad investments, then there is TWTR

Kara Swisher will be speaking at SXSW Saturday with mark cuban. If you have a chance; I highly recommend seeing that chat. I have tickets to here Boston (well Cambridge really) event, but it’s only with our governor, Maura Healy. 

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Chopper

Chopper 17435

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3 hours ago, Captain Ron said:

Kara Swisher will be speaking at SXSW Saturday with mark cuban. If you have a chance; I highly recommend seeing that chat. I have tickets to here Boston (well Cambridge really) event, but it’s only with our governor, Maura Healy. 

Thanks, Mr. Galloway.

cant-believe-i-just-did-that-ace-trainer

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MrBig

MrBig 5650

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Posted
1 hour ago, Nivek said:

For a genius he is kind of an idiot.

He’s been hanging out with Trump. Not surprised if Trump pulls an Amber Heard and gets Elon to pay all of his court fines with all of his imaginary money. 

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Goredho

Goredho 17663

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On 2/29/2024 at 7:48 PM, Captain Ron said:

Elon won't fuck you dude.

None of the fanbois want to be fucked by Elon.  That would be gay.  They just want to blow him to completion to absorb some of his greatness via jizz.

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Nivek

Nivek 17420

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Elon’s Musk sounds like a nice grift opportunity. Each bottle contains exactly a minimum of 1 sperm cell.

Smell the success. Taste the success. This product is not endorsed by the FDA and is not suitable for human use. But you dumbfucks ate apple flavored horse dewormer and you don’t read.

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Francisco 2.0

Francisco 2.0 32607

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https://www.bloomberg.com/news/articles/2024-03-04/banks-stuck-with-x-debt-held-refinancing-talks-with-elon-musk?srnd=technology-vp&sref=M8H6LjUF

 

Quote

A bank group spearheaded by Morgan Stanley held discussions with Elon Musk and his team about refinancing a roughly $12.5 billion debt package that supported the tech billionaire’s take-private of the social media platform X, according to people with knowledge of the matter. 

In talks that faltered earlier this year, certain banks and Musk’s team explored options to strengthen the debt package, said the people, who asked not to be identified discussing confidential talks. The parties discussed options that could reduce the cost of the debt and make it less risky for banks to hold, one of the people said.

 

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A group of seven banks, led by the New York-based lender, has been stuck holding the debt since 2022. They’ve repeatedly renewed an agreement not to individually offload their holdings, with the goal of coordinating a sale when X — formerly known as Twitter — is on firmer financial footing with stable advertising revenues, subscription growth and further traction from a planned peer-to-peer payments platform, one of the people said.

Representatives for X and Morgan Stanley declined to comment.

 

 

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Morgan Stanley was the largest lender on the deal, providing just over a quarter of the debt package. That contributed to $876 million of mark-to-market losses the bank took in 2022 on corporate loans it was looking to sell. The firm said in its annual regulatory filing last month that such losses were smaller in 2023, without providing a figure.

Fidelity, which received a stake in X after helping Musk complete his $44 billion purchase, has marked down the value of its position by 72% since the takeover.

 

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Musk, who counts X as one of several business ventures, has recently been focusing on reincorporating companies including SpaceX and Neuralink Corp. to Texas and Nevada, respectively, after a Delaware judge in January voided his almost $56 billion pay package at Tesla Inc.

 

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Captain Ron

Captain Ron 13133

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Posted
On 3/1/2024 at 3:07 PM, gsoda3 said:

all you're doing is rehashing arguments from a judge who (read her ruling) sees herself as a crusader against greedy corporate interests and in this case, the richest man in the world.  in what world is it fair to void a contract, approved by 70+ percent of shareholders which didn't include elon's or his family's shares, a decade later after he'd satisfied the terms?  unless you just have a vendetta against him, it's not.

image.png.53be93e5e2e1ce81bb272408ce41a635.png

 

 

Holy shit, you're right @Captainant!!

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atomheartbevo

atomheartbevo 90665

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Posted

Elon gonna be pissed

https://www.cnn.com/2024/03/04/business/jeff-bezos-richest-man-on-earth/index.html

Quote

Jeff Bezos has reclaimed the title of the richest person on Earth, surpassing Elon Musk, according to the Bloomberg Billionaires Index on Monday.

The Amazon founder’s net worth was $200 billion, while Musk followed at $198 billion. Musk has lost about $31 billion over the past year, while Bezos has gained $23 billion, according to the index. Tesla shares had tumbled more than 7% on Monday.

 

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gsoda3

gsoda3 3362

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On 3/1/2024 at 4:16 PM, Brisketexan said:

Kind of correct.  See the "entire fairness" rule (which encompasses more than mere "independence") -- it is fact dependent.  It's not a numerical, strictly quantifiable thing.  A huge number of things in the law are not empirical, clearly one way vs. clearly the other (FFS, the civil standard of judgment is "more likely than not" -- so something that a fact-finder decides was 55-45 the likely course of events is how that jury finds).

What we have here is simple: exhibit eleventy billion in the oligarch bedrock belief of "rules for thee, not for me."

just 6 months before the judge rescinded elon's comp plan the delaware court of chancery ruled that tesla's mid 2010s purchase of solarcity was "entirely fair" -  that although the board of directors (which included some of the same members as the later board that would later approve his pay package) could have taken additional steps to be more independent they were "entirely fair" to shareholders due to the resulting success of the implementation of the takeover.  this ruling, from june of 2023, was an upholding of a previous trial court's ruling from 2022 that found the exact same thing.  it confirmed the standard of independence that had always been used across the industry.  yet six months later the standard changed.  patently unfair.  

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Captainant

Captainant 28588

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3 minutes ago, Homercles said:

You’d think someone would notice ~2,000 additional, non-scheduled flights full of immigrants skirting customs at ports of entry.  

Nononono, do not apply critical thinking skills to his conspiracies! That is double minus bad! Just trust what you are told and do not believe your lying eyes

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SydneyCarton

SydneyCarton 49520

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20 minutes ago, gsoda3 said:

just 6 months before the judge rescinded elon's comp plan the delaware court of chancery ruled that tesla's mid 2010s purchase of solarcity was "entirely fair" -  that although the board of directors (which included some of the same members as the later board that would later approve his pay package) could have taken additional steps to be more independent they were "entirely fair" to shareholders due to the resulting success of the implementation of the takeover.  this ruling, from june of 2023, was an upholding of a previous trial court's ruling from 2022 that found the exact same thing.  it confirmed the standard of independence that had always been used across the industry.  yet six months later the standard changed.  patently unfair.  

image.png.6c949d2fc25ad72de3e2c351bd0ce109.png

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Hank Kingsley

Hank Kingsley 21804

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Posted (edited)
16 hours ago, Bozo_Casanova said:

 

The perfect tweet doesn't exi-

Also this is an example of what used to make Twitter great. Non-blue check makes a simple and funny joke and it organically goes viral. And since he's not a blue check the replies are genuine and not spammed by bots. Again, fuck you, Elon. 

 

Edited by Hank Kingsley
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wildcat09

wildcat09 29597

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Posted
58 minutes ago, gsoda3 said:

just 6 months before the judge rescinded elon's comp plan the delaware court of chancery ruled that tesla's mid 2010s purchase of solarcity was "entirely fair" -  that although the board of directors (which included some of the same members as the later board that would later approve his pay package) could have taken additional steps to be more independent they were "entirely fair" to shareholders due to the resulting success of the implementation of the takeover.  this ruling, from june of 2023, was an upholding of a previous trial court's ruling from 2022 that found the exact same thing.  it confirmed the standard of independence that had always been used across the industry.  yet six months later the standard changed.  patently unfair.  

Why do you support corporate executives committing fraud to deceive their shareholders?

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Chopper

Chopper 17435

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Posted
1 hour ago, gsoda3 said:

just 6 months before the judge rescinded elon's comp plan the delaware court of chancery ruled that tesla's mid 2010s purchase of solarcity was "entirely fair" -  that although the board of directors (which included some of the same members as the later board that would later approve his pay package) could have taken additional steps to be more independent they were "entirely fair" to shareholders due to the resulting success of the implementation of the takeover.  this ruling, from june of 2023, was an upholding of a previous trial court's ruling from 2022 that found the exact same thing.  it confirmed the standard of independence that had always been used across the industry.  yet six months later the standard changed.  patently unfair.  

To summarize your line of bs: "But but but under an entirely different set of facts, the court reached two different decisions. They should have reached the same decision because they both involved Elmo."

Wholly illogical. Your grade is F in both law and logic, but I'll willingly cede you an 'A' for plainly expressing your strong desire to fellate Elmo. Courts apply differing facts to existing standards and reach different conclusions every day in the US. This is not news, nor is it controversial. For example, the same logic you used could easily be used to reach the opposite conclusion from you - the court sure did fuck up with that solar city ruling.

Now go away for another few days, do your best research on your favorite site, elonmusksexdollowners (EMSDO) and come back with a better argument. Although I don't think you can.

For the record, the ruling you noted was an APPEAL. Your boi will have his opportunity to appeal, don't worry.

 

 

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Chopper

Chopper 17435

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Posted (edited)

Your daily dose of Elmo being a piece of shit.

edit oh wait wuuuut sorry @Hank Kingsley I guess I should've written second daily dose.

tldr - elmo wanted majority equity, to be named CEO and have OpenAI folded into Tesla.

image.thumb.png.77b4f046f1a0bdc29fb2ce4b380a67c1.png

image.thumb.png.bd118bcfd5fbbde114e55580c09835f3.png

Edited by Chopper
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Horn Under a Bad Sign

Horn Under a Bad Sign 20945

Posted
Posted (edited)
2 hours ago, Hank Kingsley said:

Your daily dose of Elon being a piece of shit. 

 

 

 

You think people dislike Musk now, wait till he gives a financial lifeline to Trump. Buying Trump for $600 million may fetch a better ROI than the $44 billion he spent on Twitter

Edited by Horn Under a Bad Sign
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Planet Houston

Planet Houston 4950

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I went to dinner at a nice restaurant in town the other night. Parked next to a CyberTruck. It had full matte black PPF on it - good move to save the paint, but hilarious that’s the only real option for protecting it. 

I thought to myself “I wonder what winner in here is driving that.” Then I proceed to the (small) bar and proceed to hear a guy sitting by himself in a full conversation about himself only - dating life, missed opportunities in BTC, people he should have fired, the while nine yards - at full volume on his AirPods. It wasn’t hard to figure out who the driver was.

The woooooooorst

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