For now.
But his wealth is largely tied to Tesla stock and its performance.
Comment on Tesla's New Sales Data Is Absolutely Brutal
artyom@piefed.social 6 days agoDon’t think he cares. His wealth has grown precipitously since dismantling all corporate regulation.
FlashMobOfOne@lemmy.world 6 days ago
artyom@piefed.social 6 days ago
That’s why he merged with xAI and SpaceX and X 🤦
LillyPip@lemmy.ca 6 days ago
His obsession with X should doom him. XXX (such a weird porno obsessed idiot), X-ing himself, he’s X-valid. X him out.
Ex-relevant.
Chulk@lemmy.ml 6 days ago
Fun fact: X is ASCII representation for the decimal 88, which is Nazi code for Heil Hitler. Dunno if that is what motivates him to name things like that, but he IS a descendant of grandparents who belong to the Canadian Nazi party. They moved to Apartheid South Africa because Nazism became too taboo in Canada. So, it seems a likely possibility to me.
hayvan@piefed.world 6 days ago
His wealth is mostly imaginary. It’s how much his companies are “valued” in stock exchange. Tesla being worth 6x Toyota or 30x VW makes no logical sense, they no way that kind of sales, but shares get bought and sold at insane numbers.
Now unfortunately, some of that wealth is real, plus imaginary wealth still wields a lot of power.
LillyPip@lemmy.ca 6 days ago
And it can all come crashing down if confidence plummets. So let’s make it plummet.