• Dead_or_Alive@lemmy.world
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    7 days ago

    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
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      7 days 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

  • MortUS@lemmy.world
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    6 days ago

    I’m assuming doing so will make it more difficult to Nationalize when the time eventually comes.

  • JollyG@lemmy.world
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    8 days ago

    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.

  • Alex@lemmy.ml
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    8 days 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.

  • NekoKoneko@lemmy.world
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    8 days ago

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

  • gedaliyah@lemmy.world
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    8 days ago

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

    • BooBees@fedinsfw.app
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      8 days ago

      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

  • Foni@piefed.zip
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    8 days ago

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

  • pulsewidth@lemmy.world
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    8 days ago

    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
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      8 days 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 😄

  • ilinamorato@lemmy.world
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    7 days ago

    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
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      7 days 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.

  • AItoothbrush@lemmy.zip
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    8 days ago

    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.

    • ExcessShiv@lemmy.dbzer0.com
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      8 days ago

      Building supercars is always more time consuming than anticipated. The Bugatti Veyron was unveiled in 1999 but it was repeatedly delayed for 6 years until they started actual production in 2005.

      Musk is still an asshat, but the the timeline for the new roadster is not weird or sketchy (yet…)

      • Lydon_Feen@lemmy.world
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        8 days ago

        The roadster was unveiled in 2017, and was supposed to come out in 2020.

        It’s been almost 10 years since the announcement, and almost 7 years since it was supposed to be out on the streets.

        Since then it was postponed, at least twice, to 2023 and then 2024.

        Not to mention that what they presented last week is in no way shape or form, anything like was it was supposed to be in 2020. And it’s basically a gimmick.

        It’s EXTREMELY sketchy.

        • ExcessShiv@lemmy.dbzer0.com
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          8 days ago

          Fair enough, I only had the “half decade” delay mentioned in the comment I replied to as reference, which in itself wouldn’t be cause for concern.

          • Lydon_Feen@lemmy.world
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            8 days ago

            Oh and I forgot about the hundreds of millions of dollars they took in advances for the Roadster.

            Hundreds of millions in what amounts to a no-interest loan of 10 years.

            Sooooo sketchy.

      • HiTekRedNek@lemmy.world
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        8 days ago

        “Roadster” nah.

        This isn’t a roadster. It’s a 2 door cybertruck without a bed.

        The first Roadster was an actual roadster.

        You know… An open cabin 2 seater sports car. That’s a roadster. This? This ain’t it.

      • Diplomjodler@lemmy.world
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        8 days ago

        They could have come out with the original concept a long time ago. But that was never the plan. The whole thing was never anything but a stunt to grab attention. The flying roadster was certainly effective in that, but nobody is ever going to sit in one of those cars while the tanks are pressurised.

        • dogslayeggs@lemmy.world
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          8 days ago

          What’s better than taking millions of dollars in deposits to build a crappy car? Taking millions of dollars in deposits to build nothing and have a no-interest loan with no maturation date.

      • givesomefucks@lemmy.world
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        8 days ago

        Buddy…

        Don’t you think if anyone should aware of how long it takes…

        It should be the people trying to do it?

        Like somehow you’re arguing that “everyone” knows this, yet Musk clearly doesn’t.