• db2@lemmy.world
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    2 months ago

    and a Boston man was arrested for slapping stickers of Musk making a Nazi-like salute on Tesla vehicles

    Better have him taken out back and shot, right? 🙄

    • cantstopthesignal@sh.itjust.works
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      2 months ago

      Russia does not give a single fuck about their assets getting burned. It happens all the time. It’s part of their playbook to make their assets more and more bold.

    • nahostdeutschland@feddit.org
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      2 months ago

      I really doubt that somebody will margin call one of the most powerful men in the world who is in control of the president of the United States.

    • Hadriscus@lemm.ee
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      2 months ago

      This sounds really interesting but I lack the necessary economics background to understand it. Instead of having to research for potentially hours, do you mind please dumbing it down a little for me? The parts I don’t understand are “borrow against an ownership”, “holding non-institutional debt”. You don’t have to of course

      • cynar@lemmy.world
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        2 months ago

        The same way your mortgage is backed up by your house. If you default on your mortgage, the bank can take your house in foreclosure.

        Rather than sell shares to raise the money, Musk has backed his borrowing with Tesla shares. Basically, if he doesn’t pay back the loan, the banks get the shares. Unlike houses, shares can change value quite quickly. If the value of the loan exceeds the value of the shares, then the banks start to get VERY nervous. They will call in the loans to get what they can, before things get worse. This could crash the share price further, since they will want to offload the shares as soon as possible.

        Musk is extremely rich. However, like most extremely rick people, his money is tied up in shares. If Tesla falls fast enough, he could end up owing more than he has in assets. As soon as his creditors pull the plug, he becomes bankrupt.

        • S_H_K@lemmy.dbzer0.com
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          2 months ago
          
          
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  • sunzu2@thebrainbin.org
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    2 months ago

    Look at that taxpayer money protecting all that private property of an oligarchy who is shitting on the working folk.

    Cute little regime they got going for themselves

  • NeuralNomad@lemm.ee
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    2 months ago

    I think Musk is a red herring for the Trump administration to divert attention away from Trump. Keep the eye on the ball. If there was no Trump Elon wouldn’t have this power.

    • vvilld@lemmy.world
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      2 months ago

      I don’t agree.

      These fascists are all following the political ideology and strategies laid out by Curtis Yarvin under the pseudonym Mencius Moldbug. He’s been in the orbit of people like Peter Thiel for 10+ years and has been very influential among the tech oligarch crowd.

      His vision centers around creating a tech-oriented monarchy for America. At the top would be the president who would operate more like the Chairman of the Board in a corporate structure. Rather than governing on a day-to-day basis, this President/King would appoint a CEO to oversee the actual management of government. That’s the role Musk has taken on.

      Trump appoints Musk to do the actual running of the country to accomplish what Trump wants accomplished while letting Trump seem above the fray (at least that’s the intention, Trump is too incompetent to actually stay above the fray). Musk isn’t a red herring. He’s not diverting from anything. He’s just the guy doing the job so Trump can go golf all day.

      • MehBlah@lemmy.world
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        2 months ago

        No corporation has ever been anything other than a dictatorship. They are the least democratic of institutions. Why do people think any differently?

    • uis@lemm.ee
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      2 months ago

      Jail? Black van, troyka, firing squad.

  • graycube@lemmy.world
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    2 months ago

    If those guys are supposed to be in uniform - no two are dressed the same. One guy didn’t tie his shoes, another’s jacket doesn’t fit. It is very sloppy and unprofessional looking.

    • Imgonnatrythis@sh.itjust.works
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      2 months ago

      I can’t even get passed how gross it is to see this many cops standing in front of a business where there is no visible evidence of violent activity where people might be harmed. It just looks like a statement saying this is our priority - corporate welfare for the Uber rich and worst possible human specimens at the cost of taxpayer dollars. It’s so gross I can’t even work my way to the nuances of how these slobs are dressed.

  • sndmn@lemmy.ca
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    2 months ago

    We shouldn’t make people scared for owning a Tesla, just embarrassed.

    • Lost_My_Mind@lemmy.world
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      2 months ago

      I saw my first tesla a few weeks ago. I was walking in a target parking lot, and it passed by me to get to the other end of the parking lot, which is a strip mall.

      I felt it was my civic duty to go laugh at what I THOUGHT was going to be a 50 year old white guy with a red hat. I was going to go walk up to him, point, and laugh. Calling him a pussy free loser for driving that car.

      I was not prepared for what happened next. I see the car circling around, like it can’t find a spot, even though 90% of the strip mall was empty. Finally, he pulls up right next to the spot I was standing near. I was like “ooooooh, here we go!”

      Door opens on the passenger, and 3 little Asian kids get out. Followed by an Asian woman in her 30s. Then the driver side opens. And a blind Asian man gets out.

      Now what the fuck am I supposed to do??? I’m still trying to figure out if/how he was driving. I’m not saying being blind is a coverall for shitty behavior like driving a tesla…but I just couldn’t bring myself to call a blind guy a pussy free loser in front of his wife and kids.

      NONE of it makes sense. And I feel dumber for having experienced my first tesla.

      Seriously though, does ANYONE have any context for how a blind man with seeing stick can drive a car? It’s been driving me crazy, because I know what I saw…I just can’t explain what I saw.