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Strategies & Market Trends : World Outlook

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To: Les H who wrote (47758)9/18/2025 9:28:48 AM
From: Les H  Read Replies (1) of 48980
 
American Billionaires Are Competing To Be King Shit of Turd Island
By Ian Welsh

On September 17, 2025

You may have heard that Tesla’s board has proposed giving Elon Musk a one trillion dollar payday. Tesla is falling apart, and the ostensible theory is that only Musk can save it, as if he’s not the guy who ran it into the ground with his bad decision making.

Elon, of course, is currently “the world’s richest man” but his fortune is probably under 500 billion. So he wants to triple it.

This, as you may have figured out already, is not about saving Tesla, but looting it before it crashes out completely, which is what’s going to happen. Only 100% anti-china EV tariffs are keeping Tesla alive right now, but the problem is that non-Chinese companies are now producing cheaper, better cars and no, Tesla isn’t going to regain its lead.

Elon is just a rat trying to leave a sinking ship with a huge wheel of gold embossed brie, and the board (his cronies) are helping him.

more...

ianwelsh.net
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