• criitz@reddthat.com
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    4 months ago

    I have a feeling he’s still donating the money, but realized he was doing it too loudly and attracting attention to the oligopoly.

    • BananaTrifleViolin@lemmy.world
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      4 months ago

      Nah I think this is just another example of Elon Musk being impulsive and not thinking through the consequences of his statements.

      He can’t actually afford $45m a month. His wealth is in Tesla shares (which are difficult to draw done further both while he continues to try to fleece the company with an absurd pay package and also can’t risk destabilising the share price - its something of a house of cards with its value largely based on the future possibility of a flawed self drive tech) and Twitter (which took $20bn of his actual liquid assets and then debt and which he is running into the ground).

      Also he may be realising the PR mistake of backing trump when he runs an electric car company that is losing market share and valued speculatively rather than actual financials.

      His focus is really gettingnas much out of Tesla as hebcan before the markets turn on it.