• hypnicjerk
    link
    fedilink
    English
    205 hours ago

    how the fuck does he have those kinds of assets despite never coming close to delivering a profit?

    • @MalReynolds@slrpnk.net
      link
      fedilink
      English
      16
      edit-2
      3 hours ago

      He profits just fine. The companies not so much.

      Except NVIDIA, they’re making shovels and shitloads and he probably gets something under the table from them too.

    • @Casterial@lemmy.world
      link
      fedilink
      English
      63 hours ago

      Just like the circular deals 90% of the “profits” we’ve seen reported by these AI companies is just fake money

  • @Solrac@lemmy.world
    link
    fedilink
    English
    23 hours ago

    I continue to wonder why haven’t the American people done what they should have been doing already and… do what they need to do?

  • EbbyA
    link
    English
    85
    edit-2
    7 hours ago

    Doesn’t Elon do the same thing such as when SpaceX bought a fleet of Cybertrucks?

    Just sounds like how the rich move wealth around to stay/look wealthy.

    • @OwOarchist@pawb.social
      link
      fedilink
      English
      23
      edit-2
      6 hours ago

      Even if proven and convicted, none of these rich fucks will ever see any consequences beyond a slap on the wrist fine – almost certainly a fine much smaller than the profits they made through this fraud. And then, just out of spite, they’ll appeal it in a higher court and get the fine reduced or tossed out entirely.

  • Zier
    link
    fedilink
    347 hours ago

    He’s just another con man shoving snake oil on society.

  • Em Adespoton
    link
    fedilink
    English
    66 hours ago

    It’s surely not self-dealing. It’s his AI that does business with those companies, not him, so it’s all legal.