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That would be a shocking conflict of interest - a public company paying a private company, which is owned by the CEO of the public one ? All while the same CEO

That would be a shocking conflict of interest - a public company paying a private company, which is owned by the CEO of the public one ? All while the same CEO claims that the public company is the leader in the field ? Even by Tesla & Musk lawlessness standard that would be too wild.

Alive-in-2025 2y ago
Don't worry, the Tesla board is totally on top of things.
ketzo 2y ago
We already have multiple news stories about xAI receiving 10,000s of GPUs that were originally meant for Tesla. That's about as close to "public company giving private company owned by CEO money" as you could possibly get without cartoon sacks of cash. > Even by Tesla & Musk lawlessness standard that would be too wild. Not to be overly snarky here, but, uh: what standard? They have proven over and over that they could not give less of a shit about either societal norms or the laws of the nation.
- TheAlchemist 2y ago
  Now that you say that, Tesla is already paying the Boring Company, to build a highly advertised ... short tunnel for Tesla Giga factory. Which they spend 3 years or so building and which seem completely useless. The only big unknown would be how much Tesla did Boring Company for that. So yeah...
  - AtlasBarfed 2y ago
    The entire stack is based on TSLA valuation, which is going to tank. IMO this is going to be meteoric in nature. As in the meteor hits the ground. If the world wasn't perceptibly irrational, I'd short.
    - TheAlchemist 2y ago
      Yep, I also believe that we will have a Minsky Moment on the entire Muskonomy. Given his political involvement, I would assume that the maximum end date for this house of cards is the date when Trump is no longer in power - which is less than 4 years away. The real date is probably much sooner, but who knows when ?
      - strangelove026 2y ago
        For anyone else who wasn't familiar with a Minsky Moment https://www.investopedia.com/terms/m/minskymoment.asp https://www.investopedia.com/terms/m/minskymoment.asp
      - int_19h 2y ago
        But that then means that Musk has a strong incentive to keep Trump (or some replacement that will similarly let him do whatever he wants) in power past these 4 years.
        usrusr 2y ago
        Buying time to get the rocket finished that he will ride escaping his creditors to Mars. That would be a badly written plot even by the standard of cheesy comic books, but somehow it all makes sense from that angle. (no, I don't believe that he would ever get within explosion range of a rocket engine ignition)
        AtlasBarfed 2y ago
        People do not last in Trump's orbit. I'm shocked Musk has lasted as long as he has. I though he'd practically be a Scaramucci. Every six months is a 50% chance of ejection.
      - richardw 2y ago
        A few hundred billion will buy you a lot of politicians in this climate.
    - captainbland 2y ago
- coliveira 2y ago
  That's what Tesla shareholders get for not giving Musk the $50B that he so much "deserved" to be fully "invested" in the company.

Alive-in-2025 2y ago

Don't worry, the Tesla board is totally on top of things.

ketzo 2y ago

We already have multiple news stories about xAI receiving 10,000s of GPUs that were originally meant for Tesla. That's about as close to "public company giving private company owned by CEO money" as you could possibly get without cartoon sacks of cash. > Even by Tesla & Musk lawlessness standard that would be too wild. Not to be overly snarky here, but, uh: what standard? They have proven over and over that they could not give less of a shit about either societal norms or the laws of the nation.

TheAlchemist 2y ago
Now that you say that, Tesla is already paying the Boring Company, to build a highly advertised ... short tunnel for Tesla Giga factory. Which they spend 3 years or so building and which seem completely useless. The only big unknown would be how much Tesla did Boring Company for that. So yeah...
- AtlasBarfed 2y ago
  The entire stack is based on TSLA valuation, which is going to tank. IMO this is going to be meteoric in nature. As in the meteor hits the ground. If the world wasn't perceptibly irrational, I'd short.
  - TheAlchemist 2y ago
    Yep, I also believe that we will have a Minsky Moment on the entire Muskonomy. Given his political involvement, I would assume that the maximum end date for this house of cards is the date when Trump is no longer in power - which is less than 4 years away. The real date is probably much sooner, but who knows when ?
    - strangelove026 2y ago
      For anyone else who wasn't familiar with a Minsky Moment https://www.investopedia.com/terms/m/minskymoment.asp https://www.investopedia.com/terms/m/minskymoment.asp
    - int_19h 2y ago
      But that then means that Musk has a strong incentive to keep Trump (or some replacement that will similarly let him do whatever he wants) in power past these 4 years.
      - usrusr 2y ago
        Buying time to get the rocket finished that he will ride escaping his creditors to Mars. That would be a badly written plot even by the standard of cheesy comic books, but somehow it all makes sense from that angle. (no, I don't believe that he would ever get within explosion range of a rocket engine ignition)
      - AtlasBarfed 2y ago
        People do not last in Trump's orbit. I'm shocked Musk has lasted as long as he has. I though he'd practically be a Scaramucci. Every six months is a 50% chance of ejection.
    - richardw 2y ago
      A few hundred billion will buy you a lot of politicians in this climate.
  - captainbland 2y ago
coliveira 2y ago
That's what Tesla shareholders get for not giving Musk the $50B that he so much "deserved" to be fully "invested" in the company.