Careercow Elon Reeve Musk - Tesla, SpaceX and Twitter owner + ex-paypal CEO. Manchild, sexual deviant, spergy autist with access to space travel

I think the Troon is retarded. Overwatch would require a different set of skills entirely since the former is an FPS while Path of Exile is a Diablo bullshit ARPG.
Can't wait to see them shit fling personally about this. Two A grade shit talkers and posers.
:story:
It's happening, grab the popcorn!
 
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This odd takeover of X by xAI is a pathetic attempt to try to boost the valuation of both companies in the eyes of Elon's lenders, which presumably enable Elon to continue borrowing money against his companies instead of selling shares and losing control of them. This is particularly relevant because there has been growing talk that the crashing price of Tesla has increased the likelihood that lenders may cut Elon off, or even call in his loans. I have a feeling the bankers will see right through this - I doubt highly that this xAI/X stunt will work. And there are some who are saying that Elon may have committed yet another act of securities fraud here, since neither company is worth anywhere near what Elon is claiming... Grok and Twitter, worth $80 billion? Please. Keep in mind this was an "all stock" transaction, so no actual money was involved in this - Elon could have given the companies any pretend valuation he wanted. But what does Elon care about breaking federal securities law, when he can just be pardoned by "president" Trump! Besides, who would even charge him? Pam Bondi? LOL

What a dystopian timeline we are living in.
 
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I am learning as we go here, but from what I am gathering, X (formerly Twitter) has over $13 billion of debt on its balance sheet, and it must pay the lenders something like $1.2 billion in payments each year. Since we all know Twitter/X isn't profitable, then we have to ask, where is the money coming from to continue making these payments? The most obvious answer is that there was no money left at Twitter, which then necessitated the immediate sale of X to some larger company with cash on hand to make those payments. But Elon doesn't want to admit to anyone that X is bankrupt... and so Elon has xAI come to the rescue! It's starting to make more sense now...

But then the next question: How much money does xAI have??? It is all quite the shell game.
 
I am learning as we go here, but from what I am gathering, X (formerly Twitter) has over $13 billion of debt on its balance sheet, and it must pay the lenders something like $1.2 billion in payments each year. Since we all know Twitter/X isn't profitable, then we have to ask, where is the money coming from to continue making these payments? The most obvious answer is that there was no money left at Twitter, which then necessitated the immediate sale of X to some larger company with cash on hand to make those payments. But Elon doesn't want to admit to anyone that X is bankrupt... and so Elon has xAI come to the rescue! It's starting to make more sense now...

But then the next question: How much money does xAI have??? It is all quite the shell game.
That's a question which goes unanswered every time it is raised in general, we are just beholden to how this shit looks when a cow tries it's hand in playing the big leagues...
 
I am learning as we go here, but from what I am gathering, X (formerly Twitter) has over $13 billion of debt on its balance sheet, and it must pay the lenders something like $1.2 billion in payments each year. Since we all know Twitter/X isn't profitable, then we have to ask, where is the money coming from to continue making these payments? The most obvious answer is that there was no money left at Twitter, which then necessitated the immediate sale of X to some larger company with cash on hand to make those payments. But Elon doesn't want to admit to anyone that X is bankrupt... and so Elon has xAI come to the rescue! It's starting to make more sense now...

But then the next question: How much money does xAI have??? It is all quite the shell game.
Musk's shell game reminds me more and more of Enron every day. I studied Enron in depth because I consulted for companies that had to be compliant with the Sarbanes-Oxley Act, which was passed as a result of Enron and and other companies' financial trickery. Unfortunately, for as long as this administration is in power, it will turn a blind eye to whatever Musk is trying to do.
 
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Musk: The real villains aren't the ones burning cars, it's those evil liars who say bad things about me and make them do it.
Me and Daddy Trump are going after those propaganders.
(in the name of free speech presumably.)
What the fuck with him and Trump coming out specifically about Tesla, over and over? That's a fucking conflict of interest. Egregious. They are using the power of government to support not merely other people, or groups of their donors/ supporters, but Musk's literal personal pocketbook. Same with the "colonize Mars" garbage. And using that same conflicted power to specifically to threaten people about tp'ing Elon's metaphorical house. This is crooked, absolutely crooked.

Most people in government at certain levels divest themselves* of individual stocks (or put their investments in a blind trust (that link is to a Senate ethical guide about it just published in February, btw)) FOR THIS REASON. And not only has Musk obviuously not done that, but he's not even just a shareholder or significant shareholder - he is the face, the brand, the embodiment of his companies.

* it's not unlawful for elected or senior governmental persons to hold publicly traded stock, but there are some limitations and disclosures around trading. It has been proposed that Congressmembers be forbidden to trade stocks, and that was again proposed in February of this year, but idk if that's even live or dead or what. Either way, that proposal is about Congress so n/a Re Trump or Elon. And of course Elon is categorized in some way as to get all the benefits and none of the restrictions of being engaged in governmental activities (more crookedness and self-interest at play). But this is an ethical farce.
 
Most people in government at certain levels divest themselves* of individual stocks (or put their investments in a blind trust (that link is to a Senate ethical guide about it just published in February, btw)) FOR THIS REASON.
But these people don’t have good, honest values instilled in them. It’s not part of their culture. They are naturally thieves and criminals.
Arguably a mistake to have voted them into power but what do I know.
 
I hate to say it, but it is starting to sound like if Elon gets his way, they are going to start arresting people for organizing these protests, and eventually for merely participating in them.
I don't even give a shit about Tesla enough to protest it. I'm just like, not buying one, ever, and I never was going to anyway. I'm in the vast majority of people in this "I'm not buying one of those ugly ass pieces of shit" movement.
 
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Musk: The real villains aren't the ones burning cars, it's those evil liars who say bad things about me and make them do it.
Me and Daddy Trump are going after those propaganders.
(in the name of free speech presumably.)
I caught warranted puzzle flak for it about a week ago, but how about now:
False flag, anyone?

Since the ball got rolling now, we will never really know which arson attack was a "reichstag", sure.
But I'm sold on it now.

I was just waiting on them to excuse themselves with it and going for more than legal action, I don't like my prize.
Can't give it back tho.
 
We need to go back in time and push him down the stairs even harder like bro what is this

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He's saying judges should have to be elected, not appointed.

You know, his American Constitutional scholar opinion that is not at all in his personal interest.

(I see he amended it to be clearer, but frankly I thought the first version, as offensive a concept as it is, was one of the cleverer jokes he's ever made.)

growing talk that the crashing price of Tesla has increased the likelihood that lenders may cut Elon off, or even call in his loans
What's Tesla's loan situation? I would imagine there's a huge syndicated setup or participation, not a single lender situation? Ibanks or commercial? I haven't ever even bothered to wonder but now I want to know.

...that said, even if the company has violated performance covenants, takes awhile before that trips a default. And even if there's a default it can be cured or waived and everything kicked down the road. Unless it literally imperils the soundness of the banks from a credit risk standpoint, banks will waive whatever right now for him bc they do not want to have the weight of a rage-headed U.S. government with no COI concerns at all coming down on them for merely exercising their commercial rights as they do against nearly everyone else.

Even in normal times, if the loans are big enough the banks would not just "call the loan" and poof take tesla or force it into bankruptcy. No, in normal times for most large situations that are failing metrics or payments, they'll forbear or do a workout or a restructure that gives a debtor some breathing room through a change in terms, usually but not always in exchange for more security, etc.

Often that means more money for the banks over time in exchange for the greater risk. But it also can mean the banks just take a big haircut after the fact, with a lot of hassle and expense involved.

I mean, just ask Trump - that was his S.O.P. going back 30+ years ago. I He negotiated deals fully knowing - planning - he'd be back negotiating getting out of them once he had the banks compromised by their heavy exposure. He calls it smart dealmaking but tbh it's more akin to the Russell Greer Jaw-droppingly Ludicrous and Extra-Annoying Philosophy of Lawyering. It's the game of retard chutzpah. And it apparently takes a special kind of hubristic, thin-skinned narc to employ it without embarrassment or shame. ..so expect it soon!
 
What the fuck with him and Trump coming out specifically about Tesla, over and over? That's a fucking conflict of interest. Egregious. They are using the power of government to support not merely other people, or groups of their donors/ supporters, but Musk's literal personal pocketbook. Same with the "colonize Mars" garbage. And using that same conflicted power to specifically to threaten people about tp'ing Elon's metaphorical house. This is crooked, absolutely crooked.
Trump was already the most shamelessly corrupt president in American history before Musk came on board. He charged the Secret Service rent to protect him, received tons of money from foreign governments at his properties, got a $2 billion bailout for his son-in-law from the Saudis, allegedly sold presidential pardons for $2 million a piece, and so on. There's no reason why he would stop now.
 
I don't even give a shit about Tesla enough to protest it. I'm just like, not buying one, ever, and I never was going to anyway. I'm in the vast majority of people in this "I'm not buying one of those ugly ass pieces of shit" movement.
It’s not even that it’s an ugly piece of shit, it’s one that seems to kill its drivers more often than others.
 
It’s not even that it’s an ugly piece of shit, it’s one that seems to kill its drivers more often than others.
When that Cyber Track exploded outside of Trump Towers, people were not sure if it was an actual bomb or if the piece of shit just blew up on its own. That's how bad they are
 
I love reminding everyone that all the previous models of Tesla were designed by Eberhard and Tarpenning. You know, the actual founders of Tesla, before Elon came along. The Cybertruck is the first Tesla vehicle that Elon designed.
I think everyone knows that, Cybertruck has the aesthetic of pure autism.
 
I think everyone knows that, Cybertruck has the aesthetic of pure autism.
I don't even know what aesthetic he was going for. Should have just called it the Autismobile.

I get wanting a vehicle that looks unique in a market saturated with cars that all look the same, but this is no DeLorean. It looks like an absolute shitbox.
 
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