this post was submitted on 13 Jul 2026
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[–] breezeblock@lemmy.ca 123 points 1 day ago (2 children)

When will people realize that Elon only has one trick: lie really baldly really publicly, pressure the shit out of a bunch of smart engineers until they get to their breaking point, and if it works you’re a “genius” — if it doesn’t, just throw it on the pile of other completely outlandish shit that you said that never mattered.

[–] Fmstrat@lemmy.world 2 points 15 hours ago

But he has hair?

[–] deegeese@sopuli.xyz 71 points 1 day ago (2 children)

You missed the critical middle step of pumping up market valuation so you can borrow against the hype.

[–] 0x0@lemmy.dbzer0.com 9 points 1 day ago (1 children)

Surely there is a dump step following the pump?

Or is it pump, borrow, repeat?

[–] deegeese@sopuli.xyz 15 points 1 day ago

Borrowing against shares is the dump.