• Ziggurat@jlai.lu
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    15 hours ago

    Tesla sales dropped by 60%, X is getting Empty, people mock Grock, but he keeps getting richer. It makes no sense

    • ominous ocelot@leminal.space
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      12 hours ago

      It is not about product sales or healthy conditions for employees or customer value. It’s about using property to get more property. And about financial speculation.

    • Impound4017@sh.itjust.works
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      15 hours ago

      SpaceX lifts more raw tonnage into orbit than all other agencies and private organizations combined iirc, and directly controls an ever-increasing proportion of US government space-based assets, to say nothing of Starlink. Tesla, while sales have dropped, has not really seen a corresponding sustained drop in stock price (where most of his corresponding net worth from Tesla is actually located) in the meantime, though we will see if that can be sustained long term (I, for one, hope it falls off a goddamn cliff). As for your other point, Twitter (now X) and Grok by extension are, frankly, not a major factor in his worth, when assessed next to those other factors.