this post was submitted on 29 Mar 2025
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BoycottUnitedStates

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[–] JeeBaiChow@lemmy.world 7 points 2 weeks ago (1 children)

So tesla stock is tanking, and he's at risk of defaulting the loans for the buyout, so he incorporates a new company, and proceeds to buy x at an inflated price, presumably to grant himself a reprieve on the debt, and to serve as a buffer should the value tank even further. Nope, no fraud here. /s

[–] tfm@europe.pub 4 points 2 weeks ago

No no you get this wrong. Twitter is invaluable for an AI company. Imagine the great things you get out of it if you'd feed an LLM with all the right wing/Nazi/fake news content there. /s

[–] krigo666@lemmy.world 5 points 2 weeks ago

Xitter is not worth 45B, last time I read was more like 16B, same kind of financial manipulations than in other of his companies. Got his money back after being court ordered to buy it for 44B.