this post was submitted on 15 Mar 2024
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[–] Hypx@fedia.io 24 points 8 months ago (1 children)

The "midas touch" is basically just securities fraud. Something he can't get away with forever.

[–] daddy32@lemmy.world 6 points 8 months ago (1 children)

In what sense? Lying about the actual capabilities of the business? Full autonomous drive next year and Mars at 2022?

[–] Hypx@fedia.io 7 points 8 months ago

All of those statements existed to either drum up investment money or get people to buy non-existent products. So those things are examples of securities fraud too.