this post was submitted on 14 Nov 2024
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chapotraphouse

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[โ€“] vovchik_ilich@hexbear.net 7 points 14 hours ago (1 children)

(CW: SA)

By 2035 Elon will be in jail.

Since the second half of the 2010s, he's been promising investors that the "full self driving is next year", and the technology just isn't there, especially at consumer car prices.

Chinese electric cars are objectively better and cheaper than Tesla, and with Tesla relying on Chinese batteries and car parts, the impending economic war between the US and China will make it impossible for Tesla to manufacture and sell their cars at a competitive price point (if at all).

Tesla stock will sink, and then, investors will shift away the responsibility to the man that was demonstrably committing fraud by promising technology that didn't exist. Elon won't go to jail for being a sexual assaulter, or for destroying freedom of speech in his platform and pushing fascist talking points. He'll go to jail for making rich people lose money.

[โ€“] Assian_Candor@hexbear.net 4 points 14 hours ago

DOGE is about to eliminate the SEC