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And if Tesla engineers are working on content moderation for Twitter I think a few Tesla share holders would be interested in why they're bankrolling Musk's oth
by SilverBirch 4y ago
And if Tesla engineers are working on content moderation for Twitter I think a few Tesla share holders would be interested in why they're bankrolling Musk's other enterprises.
- cma 4y agoSpace X bailed out Solar City with NASA money by buying its junk bonds. Tesla bailed them out with a fake shingle presentation to drum up an acquisition. In the past the board of SpaceX got angry at its workers and resources working for Boring Company: > The arrangement alarmed some longtime investors in SpaceX, including its largest outside backer, Peter Thiel’s Founders Fund, some of the people said. The investors learned in recent months that despite the diversion of SpaceX resources and staffing to the fledgling Boring startup, it was Musk who was in line to receive almost all of any future profits, these people said. https://www.marketwatch.com/story/new-questions-over-elon-musks-use-of-spacex-resources-for-boring-co-tunnels-2018-12-17 https://www.marketwatch.com/story/new-questions-over-elon-mu... It was basically embezzlement, but they ended up with a quiet settlement giving SpaceX some shares: > In early 2018, The Boring Company was spun out from SpaceX and into a separate corporate entity.[27] Somewhat less than 10% of equity was given to early employees, and over 90% to Elon Musk. Subsequent concerns by SpaceX shareholders resulted in a December 2018 reallocation of 6% of The Boring Company's equity to SpaceX. https://en.wikipedia.org/wiki/The_Boring_Company#History https://en.wikipedia.org/wiki/The_Boring_Company#History
- pjkundert 4y agoPerhaps Twitter might, uh, "pay" for the services?