Figures of Note: Tesla's Debt Has More Than Doubled in Two Years and It's a Symptom of a Fake Economic Order
Cash infusions by taxpayers [1, 2, 3] can create "billionaires" who aren't "job creators" (see what happened to Twitter) and bring no benefits to these taxpayers, only poverty
THE US economy now operates at a loss of half a trillion dollars a month. Where does this money come from (debt, national debt alone) and whose bank accounts does it land in? It's a fair question to ask. Many US households and US businesses exist because of private debt (they're indebted, enslaved to lenders), set aside the national debt. How long can that be sustained for? Can BRICS be forced to use the United States currency (dollar) for trade? BRICS does its own thing now.
Who is the world's richest person? Who did that money come from? Where did it come from?
"Tesla sales declined in the first two quarters of 2024." - Abhirup Roy in Reuters one month ago
Is Tesla doing as well as it claims? Is it a winner or a borrower?
In the "United States and Europe [...] sales [of Tesla] fell by 8 percent and 13 percent respectively" because "the competition is coming on strong."
In the EV space, a lot of that competition comes from China (BRICS). Can one compel countries outside the US to boycott the competition from China? No. Not really...
Maybe the friend Trump can game the market for him with tariffs.
Why not cheat? It would not be unprecedented.
It figures.
What a genius.
Like the genius Sam Altman, who found a way to lose ~30 billion dollars and nowadays claims this to be a "success story" (he's just defrauding shareholders, like his "crypto" bros). Apparently if you can lose close to ~30 billion dollars in half a decade it means you are "worth" 160 billion dollars. Just pay some fake "journalists" and Wall Street "media" (pump and dump facilitators) to play along...
Nobody is immune. Consider the Linux Foundation. Ask Jim Zemlin's wife how that works (pump and dump). This is "crypto" logic - an idea like "money out of nothing" (or converting huge electric bills into positive balance somehow).
Of course Musk is one of those "crypto" bros.
Is this "the economy" now? Government subsidising sales of things at taxpayers' expense (space projects, car credits and so on)?
The "real money" comes from oil. Musk is just "the face" (front). He's no business guru - no more than Trump is (with six bankruptcies if not more). █