• @Aux@feddit.uk
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    621 days ago

    Oh, it will help. Elon can afford to tank the losses from share price fall, then he’ll grab loads more with a discount and there will be an eventual rebound. And then we will have the very first trillionaire in the world.

    I guess one of the reasons for Musk to murder Twitter shares was to test how effectively he can tank the financial damage and still ride it out before going full nuclear on his companies.

    Reminds me of one British twat called Humphrey Smith, who owns all companies as unlimited and tanks all legal expenses himself so he can do whatever the fuck he wants with them and with staff. Oh, he also owns a town and does whatever the fuck he wants there too.

      • @Aux@feddit.uk
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        120 days ago

        Oh please. Ford was an anti-Semite and a Nazi with a Grand Cross of the German Eagle, people were staging boycotts, he went on trials and yet a century later his company absolutely dominates the US car market.