this post was submitted on 31 Oct 2024
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Enough Musk Spam

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Does anyone has a logical explanation of why Elon is supporting Trump? Why is he going to this length, alienate many of his supporters by supporting an political party. What's is the end goal, since nothing makes sense right now.

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[–] zante@slrpnk.net 9 points 1 week ago (1 children)

Obviously he will award Tesla invite contracts and slash any tax and regulations.

Then again, Trump might just give him Texas.

[–] assembly@lemmy.world 4 points 1 week ago

The valuation of Tesla is insanely overpriced for what it is and I think he knows it. The Tesla hype machine needs to be fed to keep it from crashing and the vast majority of his money is that stock. He needs to gain more power to secure his status. It’s a bit of a house of cards. He won’t ever not be wealthy but his status as the wealthiest is tenuous as soon as people figure out he’s full of shit.