this post was submitted on 21 Oct 2026
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[–] DarkFuture@lemmy.world 3 points 4 hours ago

He should focus on merging human decency into his personality.

[–] Dead_or_Alive@lemmy.world 10 points 10 hours ago (1 children)

Musks old tricks aren’t working like they used to and the walls are closing in on him for Tesla.

The latest Roadster demo is a sign that he’s relying more and more on theatrics to sell cars. Ten years ago you could kind of buy that he would have full autonomous driving at some point. Other car companies are far more advanced than him and the Chinese’s are eating his lunch on electric vehicles and beating him in every market but the US.

He pivoted Tesla to robotics and self driving taxis but other companies are ahead of him there as well and he knows it.

He doesn’t have any tech to set Tesla apart and justify its grossly overpriced stock.

He wants to roll it under Space X to ride the only two advantages he has left Starlink and Rockets.

He knows the US government under any administration won’t let either of those two go belly up and wants to link them with his other failed or failing companies.

[–] 404found@lemmy.zip 1 points 1 hour ago

Probably also wants to merge it with Tesla to somehow trial space shuttle tech. I'm not sure how it relates but I think I read that somewhere before and it had real examples of how Tesla helped space x

[–] LastYearsIrritant@sopuli.xyz 10 points 12 hours ago (1 children)

He has total control of SpaceX - he made it so "investors" have no ability to override any of his decisions.

He doesn't have full control over Tesla, because he's not a majority shareholder, and the board can vote him out.

He wants SpaceX to buy Tesla so he can have 100% control over all of it. I would place a pretty substantial bet that he buys Tesla with the same "non-voting" SpaceX shares that he sold to retail investors during the IPO.

[–] NotMyOldRedditName@lemmy.world -4 points 7 hours ago* (last edited 7 hours ago)

I mean, he self funded it with something like 180 million dollars. He didnt have to take huge amounts of investors money before that 180 million was worth a shit ton more, and he had launch contracts with NASA to generate income.

So he made it, by building a successful company with his own money and then getting investors to take a small % of his ownership and they were seemingly happy to do it

Edit: really, this is every founders dream. Bringing in investors has so many strings attached and he was able to build something where he could significantly limit that. If you can bootstrap your business you'll be better off in the long run.

[–] ohulancutash@feddit.uk 3 points 12 hours ago

Shell game is running out of moves

[–] ClydapusGotwald@lemmy.world 4 points 14 hours ago (1 children)

If they are all one company how will he buy his own vehicles with his other company to inflate numbers?

[–] core@leminal.space 2 points 14 hours ago

He'll spin off another company and then merge it back in after a few years. Rinse and repeat to hide how bad the financials are/evade taxes/commit fraud

[–] ilinamorato@lemmy.world 15 points 20 hours ago (1 children)

SpaceX has been largely successful, despite Musk, because of Gwynne Shotwell. So Musk shoved X (which he led directly and was falling) into xAI (which was basically failing because it's bad AI) and then shoved that into SpaceX.

That didn't fail, but Tesla (which Musk leads directly) is now failing, too. So hey, let's do what worked before.

Honestly, I'm surprised he hasn't dumped The Boring Company on her yet.

[–] Hawk@lemmy.dbzer0.com 12 points 19 hours ago

Once read that SpaceX was so successful because they had specific strategies to distract Musk and keep his hands of the real operational stuff.

If he merges everything, it makes me wonder if he wants to get more involved and ruin the company completely.

[–] cloudshouter@lemmy.zip 11 points 22 hours ago

Tesla and/or SpaceX/Grox are probably looking like Wile e. Coyote four strides past the cliff edge. Keep slamming companies together to hide the loss to earnings and make the stock value go up. Got to keep the trillionaire status and make sure he can leave someone else holding the bag.

[–] W3dd1e@lemmy.zip 6 points 20 hours ago* (last edited 20 hours ago) (1 children)

How can you be in talks to merge with yourself?

(I’m referring to Elon not the company. I know they have their own president and board)

[–] NotMyOldRedditName@lemmy.world 1 points 7 hours ago

He'd probably have to abstain due to conflict of interest?

[–] JollyG@lemmy.world 75 points 1 day ago (5 children)

The main product of SpaceX is corruption, they also have a side-business in rocketry.

Tesla is a publicity stunt company that occasionally sells cars. It seems natural to merge the two.

[–] muusemuuse@sh.itjust.works 3 points 21 hours ago

See this is exactly why it was such a bitch to get the legal rights to use that name in the branding. Teslas family did not want to be associated with this shit and knew goddamn well that people who would market that name would use be exactly like this.

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[–] NekoKoneko@lemmy.world 49 points 1 day ago (3 children)

Let me guess, a merger helps Musk hit profitability targets that adds another few hundred billion to his total compensation, while increasing his control?

[–] the_tab_key@lemmy.world 24 points 1 day ago

And decreasing the usefulness of each input company

[–] baggachipz@sh.itjust.works 14 points 1 day ago (1 children)
[–] NekoKoneko@lemmy.world 10 points 1 day ago

Sorry, I keep forgetting - the right process is, imagine the worst possible pay package that Musk could realistically get, and then add a zero.

[–] warm@kbin.earth 10 points 1 day ago

No, it's literally so he can say he is the founder once and for all.

[–] IAmYouButYouDontKnowYet@reddthat.com 64 points 1 day ago (2 children)

Fuck. He's doing the hand thing. That's bad for everyone.

Not as bad as his other hand thing, but yeah, pretty bad.

[–] stsquad@lemmy.ml 66 points 1 day ago

He just wants to keep rolling the dice on his poor decisions until it pays off. I guess absorbing Tesla into the one "successful" IPO will hide the losses and leave the investors holding the bag.

[–] nastronot@lemmy.zip 39 points 1 day ago (1 children)

All will become X. Like a butthole.

A butthole full of shit.

[–] Dettweiler42@lemmy.dbzer0.com 10 points 1 day ago* (last edited 1 day ago)

From X to *. Like a puckered asshole. How long until it's named AsterX?

[–] Jiral@lemmy.world 12 points 1 day ago* (last edited 1 day ago) (3 children)

The outlook of Tesla isn't great, so it is a perfect fit for SpaceX+xAI. All the brand new models are burning trash heaps, there are two cash cow models increasingly aging, even with the face lifts. It makes sense to consolidate everything into one big grift conglomerate.

[–] CoconutLove@lemmy.today 1 points 13 hours ago

Also, other companies are catching up in EVs and there will be a lot more competition.

[–] muusemuuse@sh.itjust.works 2 points 21 hours ago* (last edited 21 hours ago)

Ketamine + Nazi != shareholder value

GROK! Solve this in a way that makes me lex Luther, not a parody of him. Make no mistakes.

[–] key95@lemmy.world 9 points 1 day ago (2 children)

Grok uses Claude, isn't even using it's own model. They gave up on that, because any competent staff they hire, leaves. Elon will go into history as the greatest incinerator of economic structure ever. The Epstein-class will forever regret letting him join. And Epstein knew...how crazy is that?

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[–] eestileib@sh.itjust.works 18 points 1 day ago (1 children)

I'm assuming the larger bottle next to him is the ketamine, what's in the smaller one?

[–] blimthepixie@lemmy.dbzer0.com 17 points 1 day ago

More ketamine

[–] gedaliyah@lemmy.world 37 points 1 day ago (2 children)

What happens when he runs out if companies to merge and the whole house of cards comes down?

[–] BooBees@fedinsfw.app 57 points 1 day ago (3 children)

He buys someone else’s good idea, promotes it as his idea, sues to say it’s his idea, the media buys that it’s his idea and touts him as a genius again, and he goes public with that company and merges them all once again

[–] MagicShel@lemmy.zip 24 points 1 day ago

buys someone else’s good idea

You only forgot to mention the part where he does this not with cash, but with his shares in his failing companies as collateral.

[–] snooggums@piefed.world 10 points 1 day ago

Time is a flat circle.

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[–] Foni@piefed.zip 22 points 1 day ago (1 children)

I believe American taxpayers should prepare to bail out the resulting company. Soon. With mountains of money.

[–] FatVegan@leminal.space 8 points 1 day ago (1 children)

That's the price you have to pay to never own a flying car

[–] Foni@piefed.zip 8 points 1 day ago

I think it is actually the price to pay to finance institutional fascism

[–] FireWire400@lemmy.world 3 points 1 day ago

Oh, because they're worthless on their own? Noooo, that can't be

[–] finley@lemmy.zip 14 points 1 day ago

He lives only because you allow it

[–] pulsewidth@lemmy.world 21 points 1 day ago* (last edited 1 day ago) (2 children)

I can't wait to see what Elon can do for Tesla with the extra budget from rolling it into SpaceX.

Imagine how many amazing new promises and forecasts can be made and broken.

[–] Viking_Hippie@lemmy.dbzer0.com 9 points 1 day ago* (last edited 1 day ago)

Ultimately you'll be able to summon your car anywhere … your car can get to you. I think that within two years, you'll be able to summon your car from across the country. It will meet you wherever your phone is … and it will just automatically charge itself along the entire journey."

He said that shit in January 2016 😄

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[–] muusemuuse@sh.itjust.works 1 points 21 hours ago* (last edited 21 hours ago)

Ooooh this should be a fun implosion.

Let me put this in spacex talk…

Image a white drawf star….

[–] AI_toothbrush@lemmy.zip 17 points 1 day ago (12 children)

I predicted this when they had all their cars flying and shit. Its an advertisment for spacex while distracting from the car that theyre half a decade late to releasing.

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