6 ms·

Carlos Slim cancels Starlink orders

84 points by truegoric 2y ago

bearjaws 2y ago
Elon is wasting his damn time in politics. As a long time Tesla fan its insane what Cybertruck has done to the brand. My wife has a new Santa Fe and it blows my Model 3 out of the water in terms of tech. Better back up camera, 360 camera, cross traffic alarms, and two stalks on the steering wheel... Everytime I see the new Model 3 I can't help but imagine how amazing it would have been if they didn't cut so many corners to build the failing Cybertruck.
- mongol 2y ago
  Is the failing Cybertruck a common sentiment? Is it based on sales or more subjective metrics?
  - walrus01 2y ago
    By objective metrics of being a good 4x4 vehicle for actual off loading it's easily beaten by a somewhat decrepit 20 year old Toyota 4runner.
    - jcgrillo 2y ago
      And somewhat paradoxically that decrepit 4runner has fewer rust issues
    - ahartmetz 2y ago
      Objective metrics have never been the point of SUV-type vehicles. I think the two things that sell them are large and heavy = safe and, uh, the Brawndo factor.
      - walrus01 2y ago
        From 1999: https://youtu.be/PI_Jl5WFQkA?si=NfKEtIYpvZYbFDuM https://youtu.be/PI_Jl5WFQkA?si=NfKEtIYpvZYbFDuM
  - geff82 2y ago
    It has far less potential to be sold in millions than the Model 3. The cybertruck is built ignoring certification standards in many jurisdictions (no way of legally drive on in Europe). Then the design is super controversial. Compare that to a Model 3 that is sold worldwide and that has a design which is acceptable to many.
    - vvillena 2y ago
      All in all, it's a sentiment, but one that's hard to ignore. As a halo product, the Cybertruck is terrible for the Tesla brand.
  - dagw 2y ago
    Sales seem to have stalled. Q3 2024 was strong, but then dropped off quite dramatically in Q4 2024 with no indication that Q1 2025 will improve, despite price cuts and generous financing deals. Basically there seems to be a small, dedicated, market that loves the Cybertruck, but they've largely all bought one by now, and they're struggling finding new customers. All that being said I believe the Cybertruck is still the best selling EV pick up on the market, so it's not like the competition is doing any better in this segment.
    - ac29 2y ago
      > All that being said I believe the Cybertruck is still the best selling EV pick up on the market According to the first story I found [0], Rivian R1T outsold Cybertruck in in 3Q24 and F150 lightning had outsold it YTD at the same point last year. [0] https://fordauthority.com/2024/11/ford-f-150-lightning-sales-numbers-figures-results-third-quarter-2024-q3/ https://fordauthority.com/2024/11/ford-f-150-lightning-sales...
      - dagw 2y ago
        I found this [0] which claims 39k Cybertrucks sold in all of 2024 vs 33.5k F150s and 11k R1Ts. It also claims 16k Cybertrucks sold in 3Q24, compared to your linked article which claims 7.5k for the same period. So who knows? [0] https://insideevs.com/news/747195/tesla-cybertruck-sales-demand-2024/ https://insideevs.com/news/747195/tesla-cybertruck-sales-dem...
  - frognumber 2y ago
    It's a near-universal sentiment and based on both. However, you get major successes by taking risks. Evaluating people and businesses, I do so based on successes and not on failures. The best people (and businesses) I know failed more times than successful ones. Cybertruck was a good try, and it takes a few like that to be successful. Of the problems I have with Tesla, the Cybertruck is not one of them. Cybertruck owners, on the other hand, you might as well but a dunce cap and a t-shirt which says "I'm an idiot with too much money."
    - bearjaws 2y ago
      It's wild when you see these kinds of takes, because ultimately Elon has hired smart people and they would have built a R1T competitor, not the Cybertruck. The idea of making an electric truck is a GOOD idea, but building one that is completely out of left field in terms of design is NOT. Tesla would have had a majorly successful pickup truck had they just built a normal ass pickup truck. Acting like this was just some sort of "risk taking seat of the pants" maneuver is just absolving him of responsibility. Quite literally snatching defeat from the jaws of victory.
      - bryanlarsen 2y ago
        Rivian is clearly led by marketing folks who recognized that a successful truck would sacrifice efficiency for looking conventional. A truly engineering led organization would end up with something like the Tesla & Nikola semi trucks, closer to the ideal teardrop shop that aerodynamics leads to.
        bearjaws 2y ago
        If Americans cared one bit about efficiency the country would look entirely different. Half of all people buy a massive SUV for their one child to be driven around in. Also the R1T is only about 8% less efficient than a CT...
        bryanlarsen 2y ago
  - bearjaws 2y ago
    It's clear they burnt through all 1 million pre orders and now you can get them in less than a week. Based on when they reached July 2024 pre-orders and roughly 25k built at the time, it is speculated only 3% of people actually chose to purchase the car, with 97% getting a refund. Compare that to the ~80% conversion rate of the Model 3 when it launched, it appears the Cybertruck is a massive failure.
- mritchie712 2y ago
  he's wasting his time with the way he's doing politics. I'm all for having a good time, but I wish he'd cut out the 5th grade sense of humor and be a man.
- nextts 2y ago
  Brave holding out for the rationals! In hindsight you could have shorted an ice cube in this market and made money. I thought it was likely Trump would fuck the market.
- MrBuddyCasino 2y ago
  > Elon is wasting his damn time in politics. He would very much prefer not to be in politics.
  - smashedtoatoms 2y ago
    Prove it
  - frereubu 2y ago
    He has a very strange way of showing that if it's true.
  - Hikikomori 2y ago
    All he had to do was nothing, like he said he would, several times.
- abxyz 2y ago
  The Cybertruck didn't do anything to the brand, the Cybertruck is a manifestation of the brand. Musk is a visionary who just happened to have a vision that had overlap with the zeitgeist (electric cars in the 2010s) but he is not a savant, most of visions are absolute nonsense, and we're now seeing that play out. The Model 3 is more of an aberration for Musk. The Cybertruck is pure Musk.
- lfsh 2y ago
  I never understood why people think Musk is some kind of genius man. He absolutely is a very good salesman and marketeer but that's about it. Everything he sold that was successful was created by others. The moment he starts to interfere things go wrong. The Cybertruck is a great example. It is also known that people at SpaceX hate it when he is around telling people what to do because most of it doesn't make sense. Now he is in politics it becomes clear to a lot of people who he really is. A greedy salesman.
  - thefz 2y ago
    True for most of these personalities, Jobs included
    - deleted 2y ago
      [deleted]
    - archagon 2y ago
      Not to defend Jobs’ behavior, but it’s hard to deny that he had good taste, clear vision, and immaculate presentation skills. He also showed signs of self-reflection and empathy in his later years. (Musk could never deliver the same kind of college commencement address as him, for example.)
  - ryandrake 2y ago
    > It is also known that people at SpaceX hate it when he is around telling people what to do because most of it doesn't make sense. Sounds like he does a bit of Seagull Management[1]. Worked with a founder like this once. Everyone dreaded seeing him around the office, because that meant everyone's work was going to get upended and/or canceled, and we'd be working on something totally different once he articulated his latest fever dream to the engineering team. Then, once the place was in chaos, he'd get in his plane and fly off somewhere until he stopped by again to upend everything. 1: https://en.wikipedia.org/wiki/Seagull_management https://en.wikipedia.org/wiki/Seagull_management
- NicoJuicy 2y ago
  The Cybertruck was an attempt to pull "rednecks" and sales of the popular Ford F-150
- r00fus 2y ago
  You mistake Elon. He's no longer interested in Tesla, and it's 100% clear with where he's spending his time. Tesla is the ladder that got him where he is, and he's fine if that ladder burns now that he's already climbed it.
petesergeant 2y ago
It's very hard to find reliable sources for this story. Lots of news sites that have plausible sounding names, but then turn out to not really be a thing. And nothing at all in the mainstream media I can find. If you have a link to a real news site carrying this, I'd love to see it, otherwise flagging for now.
- bboygravity 2y ago
  I applaud flagging non-reliable stuff, but since when is mainstream media a reliable reference for "truth"?!
  - yieldcrv 2y ago
    For business decisions: forever
  - bilekas 2y ago
    If 22 Billion was being dropped off the table, you can be sure everyone would be all over this and covering every angle of it. Those "mainstream" media companies have the resources to follow up on a story like that. This link seems to be a bit flimsy at best and they're referencing eachother as sources. This is why the "mainstream" media get paid the big bucks, they actually do a somewhat thorough job whether you trust them or not.
- lfsh 2y ago
  Canada cancelled a $100M Starlink deal. So $22B also seems like an extreme amount. Other news sites say Slim was willing to invest 22B in better communications. So maybe Starlink was a part of this investment but I have a hard time believing Musk lost a $22B deal.
- truegoric 2y ago
  I suppose those news are more of interest to the global south communities which is why western media don’t report on this (but that’s speculation on my part, since the news are indeed huge) - here’s an article from an Indian financial newspaper: https://www.livemint.com/companies/carlos-slim-cuts-ties-with-elon-musk-s-starlink-invests-22-billion-in-independent-network-11741364444516.html https://www.livemint.com/companies/carlos-slim-cuts-ties-wit...
walrus01 2y ago
[dead]
hypeatei 2y ago
> Instead, Slim is going to turn to Chinese and European companies. I think that is going to be a common theme in the next decade.
mmaunder 2y ago
Tons of editorializing and no source cited other than this: https://monterreydailypost.com/2025/02/24/carlos-slim-orders-to-cancel-his-collaboration-with-elon-musks-starlink/ https://monterreydailypost.com/2025/02/24/carlos-slim-orders... Which cites this: https://www.milenio.com/ https://www.milenio.com/ Which is just a home page. Anyone got an actual source on this?
- fastball 2y ago
  https://www.milenio.com/negocios/slim-echa-pa-acuerdos-con-starlink-y-musk-pierde-mas-de-7-mil-mdd https://www.milenio.com/negocios/slim-echa-pa-acuerdos-con-s... https://archive.ph/JwEcG https://archive.ph/JwEcG
  - mmaunder 2y ago
    Thanks.
- truegoric 2y ago
  I replied to a comment below with this link: https://www.livemint.com/companies/carlos-slim-cuts-ties-with-elon-musk-s-starlink-invests-22-billion-in-independent-network-11741364444516.html https://www.livemint.com/companies/carlos-slim-cuts-ties-wit...
  - mmaunder 2y ago
    Not a source.
- Ardren 2y ago
  https://www.milenio.com/negocios/slim-echa-pa-acuerdos-con-starlink-y-musk-pierde-mas-de-7-mil-mdd https://www.milenio.com/negocios/slim-echa-pa-acuerdos-con-s...
  - KeithBrink 2y ago
    https://archive.is/JwEcG https://archive.is/JwEcG The $22B number comes from the stock market downturn leading to a loss of wealth of $7B for Musk that happened to be on the same day that Slim said they will cancel contracts for an unspecified amount with Starlink and invest $22B into developing their own infrastructure. So, the headline is completely false.
deleted 2y ago
[deleted]
randallsquared 2y ago
> Slim decided his giant telecoms company, América Móvil, would no longer need to spend $22 billion on Starlinks It's odd that the author seems to believe that Slim was buying starlink satellites. Maybe just a typo.
fransje26 2y ago
> Slim has a fascinating history. I see nothing there about drug cartels. [..] Well, that's a bit of a naive take. You're not going to do business in a cartel/mafia infested area and not have to deal with them. In the same way that a construction company in Naples is going to get a friendly visit at some point. Or in the way a forest keeper in Romania or Bulgaria will also be reminded of what is good for them and their family. (As experienced repeatedly by the brother of a friend)
- foogazi 2y ago
  Honestly your’s is the naive take here: > You’re not going to do business in a cartel/mafia infested area Mexico’s financial life is not cartel infested and certainly was not in the 60-70s when Slim got started https://en.wikipedia.org/wiki/Carlos_Slim https://en.wikipedia.org/wiki/Carlos_Slim Slim didn’t come into money in a narco state, he was a stock trader in the 1960s and got into finance and insurance Eventually turned this into buying the Mexican telecom monopoly Telmex in the 90s, just as the internet was taking off. He sure as hell did not have to pay off drug lords for that
yalogin 2y ago
The US has irrevocably lost its good will it built since ww2. Musk just lit a fire to the great brands he built. He had a really long leash because of how successful he was but he used all of it. The administration and musk is the best thing that could have happened to china.
- readthenotes1 2y ago
  "good will it built since ww2." I think you mean "bought" since WW2. Even prior to Trump, there was a thing where US tourists would put Canadian flags on their backpacks. It wasn't mislead all the admiring fans...
  - yalogin 2y ago
    I am only aware of that phenomenon since when he came to the office the first time, or may be throne as he calls it
    - readthenotes1 2y ago
      The ugly, loud American tourist trope came about in the 50s. I'm pretty sure the false flag thing was around in the 80s
deleted 2y ago
[deleted]
deleted 2y ago
[deleted]
1vuio0pswjnm7 2y ago
https://www.msn.com/en-us/technology/tech-companies/mexican- https://www.msn.com/en-us/technology/tech-companies/mexican-... Text-only: https://assets.msn.com/content/view/v2/Detail/en-in/AA1zWshm https://assets.msn.com/content/view/v2/Detail/en-in/AA1zWshm Other: https://mexicodailypost.com/2025/02/24/carlos-slim-orders-to https://mexicodailypost.com/2025/02/24/carlos-slim-orders-to... https://thedeepdive.ca/did-carlos-slim-just-tell-elon-musk-t https://thedeepdive.ca/did-carlos-slim-just-tell-elon-musk-t...

84 points by truegoric 2y ago

Elon is wasting his damn time in politics. As a long time Tesla fan its insane what Cybertruck has done to the brand. My wife has a new Santa Fe and it blows my Model 3 out of the water in terms of tech. Better back up camera, 360 camera, cross traffic alarms, and two stalks on the steering wheel... Everytime I see the new Model 3 I can't help but imagine how amazing it would have been if they didn't cut so many corners to build the failing Cybertruck.

mongol 2y ago
Is the failing Cybertruck a common sentiment? Is it based on sales or more subjective metrics?
- walrus01 2y ago
  By objective metrics of being a good 4x4 vehicle for actual off loading it's easily beaten by a somewhat decrepit 20 year old Toyota 4runner.
  - jcgrillo 2y ago
    And somewhat paradoxically that decrepit 4runner has fewer rust issues
  - ahartmetz 2y ago
    Objective metrics have never been the point of SUV-type vehicles. I think the two things that sell them are large and heavy = safe and, uh, the Brawndo factor.
    - walrus01 2y ago
      From 1999: https://youtu.be/PI_Jl5WFQkA?si=NfKEtIYpvZYbFDuM https://youtu.be/PI_Jl5WFQkA?si=NfKEtIYpvZYbFDuM
- geff82 2y ago
  It has far less potential to be sold in millions than the Model 3. The cybertruck is built ignoring certification standards in many jurisdictions (no way of legally drive on in Europe). Then the design is super controversial. Compare that to a Model 3 that is sold worldwide and that has a design which is acceptable to many.
  - vvillena 2y ago
    All in all, it's a sentiment, but one that's hard to ignore. As a halo product, the Cybertruck is terrible for the Tesla brand.
- dagw 2y ago
  Sales seem to have stalled. Q3 2024 was strong, but then dropped off quite dramatically in Q4 2024 with no indication that Q1 2025 will improve, despite price cuts and generous financing deals. Basically there seems to be a small, dedicated, market that loves the Cybertruck, but they've largely all bought one by now, and they're struggling finding new customers. All that being said I believe the Cybertruck is still the best selling EV pick up on the market, so it's not like the competition is doing any better in this segment.
  - ac29 2y ago
    > All that being said I believe the Cybertruck is still the best selling EV pick up on the market According to the first story I found [0], Rivian R1T outsold Cybertruck in in 3Q24 and F150 lightning had outsold it YTD at the same point last year. [0] https://fordauthority.com/2024/11/ford-f-150-lightning-sales-numbers-figures-results-third-quarter-2024-q3/ https://fordauthority.com/2024/11/ford-f-150-lightning-sales...
    - dagw 2y ago
      I found this [0] which claims 39k Cybertrucks sold in all of 2024 vs 33.5k F150s and 11k R1Ts. It also claims 16k Cybertrucks sold in 3Q24, compared to your linked article which claims 7.5k for the same period. So who knows? [0] https://insideevs.com/news/747195/tesla-cybertruck-sales-demand-2024/ https://insideevs.com/news/747195/tesla-cybertruck-sales-dem...
- frognumber 2y ago
  It's a near-universal sentiment and based on both. However, you get major successes by taking risks. Evaluating people and businesses, I do so based on successes and not on failures. The best people (and businesses) I know failed more times than successful ones. Cybertruck was a good try, and it takes a few like that to be successful. Of the problems I have with Tesla, the Cybertruck is not one of them. Cybertruck owners, on the other hand, you might as well but a dunce cap and a t-shirt which says "I'm an idiot with too much money."
  - bearjaws 2y ago
    It's wild when you see these kinds of takes, because ultimately Elon has hired smart people and they would have built a R1T competitor, not the Cybertruck. The idea of making an electric truck is a GOOD idea, but building one that is completely out of left field in terms of design is NOT. Tesla would have had a majorly successful pickup truck had they just built a normal ass pickup truck. Acting like this was just some sort of "risk taking seat of the pants" maneuver is just absolving him of responsibility. Quite literally snatching defeat from the jaws of victory.
    - bryanlarsen 2y ago
      Rivian is clearly led by marketing folks who recognized that a successful truck would sacrifice efficiency for looking conventional. A truly engineering led organization would end up with something like the Tesla & Nikola semi trucks, closer to the ideal teardrop shop that aerodynamics leads to.
      - bearjaws 2y ago
        If Americans cared one bit about efficiency the country would look entirely different. Half of all people buy a massive SUV for their one child to be driven around in. Also the R1T is only about 8% less efficient than a CT...
        bryanlarsen 2y ago
- bearjaws 2y ago
  It's clear they burnt through all 1 million pre orders and now you can get them in less than a week. Based on when they reached July 2024 pre-orders and roughly 25k built at the time, it is speculated only 3% of people actually chose to purchase the car, with 97% getting a refund. Compare that to the ~80% conversion rate of the Model 3 when it launched, it appears the Cybertruck is a massive failure.
mritchie712 2y ago
he's wasting his time with the way he's doing politics. I'm all for having a good time, but I wish he'd cut out the 5th grade sense of humor and be a man.
nextts 2y ago
Brave holding out for the rationals! In hindsight you could have shorted an ice cube in this market and made money. I thought it was likely Trump would fuck the market.
MrBuddyCasino 2y ago
> Elon is wasting his damn time in politics. He would very much prefer not to be in politics.
- smashedtoatoms 2y ago
  Prove it
- frereubu 2y ago
  He has a very strange way of showing that if it's true.
- Hikikomori 2y ago
  All he had to do was nothing, like he said he would, several times.
abxyz 2y ago
The Cybertruck didn't do anything to the brand, the Cybertruck is a manifestation of the brand. Musk is a visionary who just happened to have a vision that had overlap with the zeitgeist (electric cars in the 2010s) but he is not a savant, most of visions are absolute nonsense, and we're now seeing that play out. The Model 3 is more of an aberration for Musk. The Cybertruck is pure Musk.
lfsh 2y ago
I never understood why people think Musk is some kind of genius man. He absolutely is a very good salesman and marketeer but that's about it. Everything he sold that was successful was created by others. The moment he starts to interfere things go wrong. The Cybertruck is a great example. It is also known that people at SpaceX hate it when he is around telling people what to do because most of it doesn't make sense. Now he is in politics it becomes clear to a lot of people who he really is. A greedy salesman.
- thefz 2y ago
  True for most of these personalities, Jobs included
  - deleted 2y ago
    [deleted]
  - archagon 2y ago
    Not to defend Jobs’ behavior, but it’s hard to deny that he had good taste, clear vision, and immaculate presentation skills. He also showed signs of self-reflection and empathy in his later years. (Musk could never deliver the same kind of college commencement address as him, for example.)
- ryandrake 2y ago
  > It is also known that people at SpaceX hate it when he is around telling people what to do because most of it doesn't make sense. Sounds like he does a bit of Seagull Management[1]. Worked with a founder like this once. Everyone dreaded seeing him around the office, because that meant everyone's work was going to get upended and/or canceled, and we'd be working on something totally different once he articulated his latest fever dream to the engineering team. Then, once the place was in chaos, he'd get in his plane and fly off somewhere until he stopped by again to upend everything. 1: https://en.wikipedia.org/wiki/Seagull_management https://en.wikipedia.org/wiki/Seagull_management
NicoJuicy 2y ago
The Cybertruck was an attempt to pull "rednecks" and sales of the popular Ford F-150
r00fus 2y ago
You mistake Elon. He's no longer interested in Tesla, and it's 100% clear with where he's spending his time. Tesla is the ladder that got him where he is, and he's fine if that ladder burns now that he's already climbed it.

petesergeant 2y ago

It's very hard to find reliable sources for this story. Lots of news sites that have plausible sounding names, but then turn out to not really be a thing. And nothing at all in the mainstream media I can find. If you have a link to a real news site carrying this, I'd love to see it, otherwise flagging for now.

bboygravity 2y ago
I applaud flagging non-reliable stuff, but since when is mainstream media a reliable reference for "truth"?!
- yieldcrv 2y ago
  For business decisions: forever
- bilekas 2y ago
  If 22 Billion was being dropped off the table, you can be sure everyone would be all over this and covering every angle of it. Those "mainstream" media companies have the resources to follow up on a story like that. This link seems to be a bit flimsy at best and they're referencing eachother as sources. This is why the "mainstream" media get paid the big bucks, they actually do a somewhat thorough job whether you trust them or not.
lfsh 2y ago
Canada cancelled a $100M Starlink deal. So $22B also seems like an extreme amount. Other news sites say Slim was willing to invest 22B in better communications. So maybe Starlink was a part of this investment but I have a hard time believing Musk lost a $22B deal.
truegoric 2y ago
I suppose those news are more of interest to the global south communities which is why western media don’t report on this (but that’s speculation on my part, since the news are indeed huge) - here’s an article from an Indian financial newspaper: https://www.livemint.com/companies/carlos-slim-cuts-ties-with-elon-musk-s-starlink-invests-22-billion-in-independent-network-11741364444516.html https://www.livemint.com/companies/carlos-slim-cuts-ties-wit...

walrus01 2y ago

[dead]

hypeatei 2y ago

> Instead, Slim is going to turn to Chinese and European companies. I think that is going to be a common theme in the next decade.

mmaunder 2y ago

Tons of editorializing and no source cited other than this: https://monterreydailypost.com/2025/02/24/carlos-slim-orders-to-cancel-his-collaboration-with-elon-musks-starlink/ https://monterreydailypost.com/2025/02/24/carlos-slim-orders... Which cites this: https://www.milenio.com/ https://www.milenio.com/ Which is just a home page. Anyone got an actual source on this?

fastball 2y ago
https://www.milenio.com/negocios/slim-echa-pa-acuerdos-con-starlink-y-musk-pierde-mas-de-7-mil-mdd https://www.milenio.com/negocios/slim-echa-pa-acuerdos-con-s... https://archive.ph/JwEcG https://archive.ph/JwEcG
- mmaunder 2y ago
  Thanks.
truegoric 2y ago
I replied to a comment below with this link: https://www.livemint.com/companies/carlos-slim-cuts-ties-with-elon-musk-s-starlink-invests-22-billion-in-independent-network-11741364444516.html https://www.livemint.com/companies/carlos-slim-cuts-ties-wit...
- mmaunder 2y ago
  Not a source.
Ardren 2y ago
https://www.milenio.com/negocios/slim-echa-pa-acuerdos-con-starlink-y-musk-pierde-mas-de-7-mil-mdd https://www.milenio.com/negocios/slim-echa-pa-acuerdos-con-s...
- KeithBrink 2y ago
  https://archive.is/JwEcG https://archive.is/JwEcG The $22B number comes from the stock market downturn leading to a loss of wealth of $7B for Musk that happened to be on the same day that Slim said they will cancel contracts for an unspecified amount with Starlink and invest $22B into developing their own infrastructure. So, the headline is completely false.

deleted 2y ago

[deleted]

randallsquared 2y ago

> Slim decided his giant telecoms company, América Móvil, would no longer need to spend $22 billion on Starlinks It's odd that the author seems to believe that Slim was buying starlink satellites. Maybe just a typo.

fransje26 2y ago

> Slim has a fascinating history. I see nothing there about drug cartels. [..] Well, that's a bit of a naive take. You're not going to do business in a cartel/mafia infested area and not have to deal with them. In the same way that a construction company in Naples is going to get a friendly visit at some point. Or in the way a forest keeper in Romania or Bulgaria will also be reminded of what is good for them and their family. (As experienced repeatedly by the brother of a friend)

foogazi 2y ago
Honestly your’s is the naive take here: > You’re not going to do business in a cartel/mafia infested area Mexico’s financial life is not cartel infested and certainly was not in the 60-70s when Slim got started https://en.wikipedia.org/wiki/Carlos_Slim https://en.wikipedia.org/wiki/Carlos_Slim Slim didn’t come into money in a narco state, he was a stock trader in the 1960s and got into finance and insurance Eventually turned this into buying the Mexican telecom monopoly Telmex in the 90s, just as the internet was taking off. He sure as hell did not have to pay off drug lords for that

yalogin 2y ago

The US has irrevocably lost its good will it built since ww2. Musk just lit a fire to the great brands he built. He had a really long leash because of how successful he was but he used all of it. The administration and musk is the best thing that could have happened to china.

readthenotes1 2y ago
"good will it built since ww2." I think you mean "bought" since WW2. Even prior to Trump, there was a thing where US tourists would put Canadian flags on their backpacks. It wasn't mislead all the admiring fans...
- yalogin 2y ago
  I am only aware of that phenomenon since when he came to the office the first time, or may be throne as he calls it
  - readthenotes1 2y ago
    The ugly, loud American tourist trope came about in the 50s. I'm pretty sure the false flag thing was around in the 80s

deleted 2y ago

[deleted]

deleted 2y ago

[deleted]

1vuio0pswjnm7 2y ago

https://www.msn.com/en-us/technology/tech-companies/mexican- https://www.msn.com/en-us/technology/tech-companies/mexican-... Text-only: https://assets.msn.com/content/view/v2/Detail/en-in/AA1zWshm https://assets.msn.com/content/view/v2/Detail/en-in/AA1zWshm Other: https://mexicodailypost.com/2025/02/24/carlos-slim-orders-to https://mexicodailypost.com/2025/02/24/carlos-slim-orders-to... https://thedeepdive.ca/did-carlos-slim-just-tell-elon-musk-t https://thedeepdive.ca/did-carlos-slim-just-tell-elon-musk-t...