@Bliss I wonder if the stockholders can sue Musk, as he is doing things to actively cause harm to the value of the stock... use those damned fiduciary rules against him.
I have nothing against fiduciary responsibilities for people like accountants, but when it comes to stock, they use it to screw over the employees and the public.
@sentientdessert @Bliss I read somewhere else , I think it was in Reddit that Musk is already planning to sell his crappy site , I havenāt seen it anywhere else, what I did see is that it lost almost 80 percent of its value.
@Jorro @sentientdessert @Bliss
Now if we drove a company we paid $44 BILLION down to 20% of its valueā¦ we would be bankrupted for all nine of our lives and be in debtors prison for eternity. But Musk will walk away from it using the entire loss for tax benefits and still be the worldās richest asshole. Heās bored with the ex-birdā¦ he wants to rule the world- starting with the United States.
@QueenOfEverything @Jorro @Bliss From my understanding the write off attempt could be challenged... I don't know the laws surrounding it as much as I would like to...
Then again, running companies into the ground seems legal according to what happene dto toys r us and is currently happening to red lobster.
@sentientdessert @QueenOfEverything @Jorro
šš¤” has bankrupted MANY companies. Below is but a small list. He also went against Economic Advisers and imposed tariffs tgat caused the inflation and increased the US Debt by a record $8.4 Trillion.
@sentientdessert @Bliss @QueenOfEverything that might be the only case in history in which it happened!!
@Bliss @QueenOfEverything @Jorro You gotta be particularly inept to have a casino go bankrupt that fast...
He has the horrible rich mentality that "it costs a lot, so that means it is the best." He doesn't understand aesthetics, he doesn't understand good... about the only thing he's honest about is what he eats... cheap (well, not so cheap anymore) but he eats it...