Pretty sure this is illegal, you know, using one company to prop up another (the old “Enron” method)
Wish the US still I don’t know, had laws and whatnot
this post was submitted on 21 Dec 2025
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Laws are so 2010. Get with the time, it's all corruption and gambling now.
2010? By that point, the global financial crisis had already proven that there are no consequences for financial manipulation if you're rich enough.
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"Illegal" is only for the poors and can apply to something as simple as crossing the street
Oh we still have laws. Elon is just part of the "in" group who the laws protect but do not bind.
Its shakey, but might be in the clear because SpaceX is still private and can do whatever it likes. If they went public too, then there would be a problem I think
I think they’re going to IPO soon, so gotta get this shady shit done first.
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All valid criticism aside, 1000 is a pretty fathomable number.
To me one sold Cyber truck is unfathomable.
They only made around 50k of them. So that is still a considerable amount.
I think it becomes unfathomable when someone's buying that number of cybertrucks. As in I can't fathom why someone would do that, unless to juice Tesla's numbers.
Fuck SpaceX too.
THANK you. I can't even get excited about their successes knowing Musk is involved.
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Ah, the AI business model...
@technocrit Using taxpayer money that they're granted due to the outsourcing of government functions like NASA and communications to bail out their incompetent boss's other failing business which was initially built on tax credits supposedly created to address climate change. None of Musk's companies are profitable, they're just good at stealing from the mooks who run governments.
Musk: most efficient in the world at extracting the public's money via government.
Besos: most efficient in the world at extracting the public's money directly.
Elon is running the biggest Ponzi in history, financing on financing and counting both as the total. Eventually he won't be able to keep shuffling assets around and counting both, they will all collapse with nothing left and everyone will be shocked pikachu despite it being obvious.
Elon is running the biggest Ponzi in history
after Nvidia and Open AI.
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Elon is running the biggest Ponzi in history
it's a bigger ponzi than nvidia?
Playing games with the shareholders. Giving tesla a boost by paying for it with spacex.
Sounds like some form of fraud.
Because it is :)
EV subsidies are going away soon, so Elons putting some money fromone pocket to the other now, but also claims the subsidies so he's putting more money to that other pocket than he took out from the first pocket.
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Oroborous Economics
Are they gonna use them as ballast or dummy payload or what?
Just so long as they strip out the lithium batteries first - otherwise that'd be one helluva fireball coming back down in some random spot
I get what you're going for, but the amount of energy stored in any mass going at orbital speed far outweighs the energy stored in its chemical makeup. A 1kg mass traveling 7.8km/s (LEO speed) has 30MJ of kinetic energy. By comparison, 1kg of TNT has 4.184MJ of chemical energy. So even if the Cybertruck was made out of TNT, the TNT would only account for about 13% of the total energy. Removing the batteries would significantly reduce the mass which would have a large impact on the "fireball," but I don't think that's what you're going for.
You are part of why lemmy is great.
He literally already did something like this with tesla and solar city. There was a court case and everything but musk won so it's no suprise he's doing it again.
60m settlement. Technically a loss, but a slap on the wrist and a drop in the bucket as far as I'm concerned so I won't argue that it wasn't a win.
I can't believe this fucking court system.
https://www.pv-tech.org/delaware-judge-approves-us60m-settlement-for-tesla-shareholders-aggrieved-b/
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It's been awhile since I took accounting, but this looks like they are setting up a transfer pricing fraud.
Fraud?
Nothing is based on supply and demand anymore. The "market" no longer makes corrections. It's all manipulatable fuckery and the elite still wants you to believe that the stock market is stable. The big bubble burst will be money, and how it's abused/misused, not AI.
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He only gets his reinstated absurdly large Tesla bonus if Tesla does really well.
What can be better for profits than selling a bunch of cybertrucks? (Even if it is to himself.)
Unfathomable and 1000-2000 are quite different… especially when talking about 250,000
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~~Money laundering?~~ Stock boosting, same difference.
Probably because these have been known to blast off before reaching ignition. I give them a T-minus on this deal.
If anyone was still sceptical about there being an enormous bubble about to pop…
Calling it now, spacex will merge with Tesla to try hit the valuation for Musks pay package
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Wash trading at its finest.
That's a creative use for the state handout that he receives for spacex, propping up the shareholders.
Please God shoot them into space directly toward the sun. Please.
From one pocket to another...
Ahh, flagrant accounting shenanigans.
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