this post was submitted on 21 Dec 2025
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Fuck Cars

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Considering the pickup EV has been an enormous commercial flop, only selling barely a fraction of Musk’s promised 250,000 to 500,000 Cybertrucks a year, there’s a good chance Tesla is using the mercurial CEO’s other venture to boost the numbers ahead of the end of an otherwise disastrous year.

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[–] minorkeys@lemmy.world 31 points 1 day ago (2 children)

Sounds like some form of fraud.

[–] gergolippai@lemmy.world 11 points 1 day ago (1 children)

Because it is :)

EV subsidies are going away soon, so Elons putting some money fromone pocket to the other now, but also claims the subsidies so he's putting more money to that other pocket than he took out from the first pocket.

[–] AWistfulNihilist@lemmy.world 4 points 1 day ago (13 children)

Space x money is coming from government contracts too, that's an insane feedback loop of potential fraud.

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[–] SupremeDonut@lemmy.ml 7 points 1 day ago

To be congratulated on the public stage by the clown running the circus, no doubt.

[–] SaveTheTuaHawk@lemmy.ca 80 points 2 days ago

Ah, the AI business model...

[–] PillowD@lemmy.world 27 points 2 days ago

It's been awhile since I took accounting, but this looks like they are setting up a transfer pricing fraud.

[–] skozzii@lemmy.ca 42 points 2 days ago (2 children)

Elon is running the biggest Ponzi in history, financing on financing and counting both as the total. Eventually he won't be able to keep shuffling assets around and counting both, they will all collapse with nothing left and everyone will be shocked pikachu despite it being obvious.

[–] SaveTheTuaHawk@lemmy.ca 28 points 2 days ago (1 children)

Elon is running the biggest Ponzi in history

after Nvidia and Open AI.

[–] H1AA6329S@lemmy.world 4 points 1 day ago

Business idea. I make an ai using ai, then hord investments and use that money to invest into another ai that I have made using an ai tool. Rinse repeat

[–] Venat0r@lemmy.world 10 points 2 days ago

Elon is running the biggest Ponzi in history

it's a bigger ponzi than nvidia?

[–] W3dd1e@lemmy.zip 11 points 1 day ago (1 children)

This is how Elon will make his pay package. Buy them from himself!

[–] hovercat@lemmy.blahaj.zone 8 points 1 day ago (1 children)

He's already done this before too. See the Boring company purchasing a bunch of cars too

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[–] echodot@feddit.uk 7 points 1 day ago

I failed to understand why Tesla shareholders thought that it would be a success. Everything about it is stupid. Far apart from any political situation that musk cause caused.

It made out of suspect material that is obviously going to corroded and accelerated rate thus causing them to have to do financially onerous repairs, it's a regulatory nightmare anywhere outside of the United States, it's demonstrably not a very good truck and thus has a very limited market, and it's unnecessarily heavy without offering any real benefits for that weight so it has terrible range. Oh and it has a tendency to get stuck in mud any deeper than one micron. What a wonderful product, why isn't everyone getting it?

[–] DylanMc6@lemmy.ml 13 points 1 day ago* (last edited 1 day ago) (2 children)

how many cybertrucks are gonna be trashed in landfills, junkyards and such?

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[–] payhn@sopuli.xyz 19 points 2 days ago (1 children)

Unfathomable and 1000-2000 are quite different… especially when talking about 250,000

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[–] VinnyDaCat@lemmy.world 16 points 2 days ago

Wash trading at its finest.

[–] Fedizen@lemmy.world 9 points 1 day ago

Straight up fraud

[–] AdolfSchmitler@lemmy.world 30 points 2 days ago (1 children)

He literally already did something like this with tesla and solar city. There was a court case and everything but musk won so it's no suprise he's doing it again.

[–] Quexotic@infosec.pub 40 points 2 days ago (4 children)

60m settlement. Technically a loss, but a slap on the wrist and a drop in the bucket as far as I'm concerned so I won't argue that it wasn't a win.

I can't believe this fucking court system.

https://www.pv-tech.org/delaware-judge-approves-us60m-settlement-for-tesla-shareholders-aggrieved-b/

[–] bold_atlas@lemmy.world 9 points 2 days ago (2 children)

Once you have enough money winning a court case is indistinguishable from losing one.

[–] frostysauce@lemmy.world 11 points 2 days ago

If the penalty for a crime is a fine it is only illegal for poor people.

[–] A_Random_Idiot@lemmy.world 8 points 2 days ago

once you have enough money, laws don't apply to you anymore. You just get inconvenienced by pocket change level "fines"

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[–] CIA_chatbot@lemmy.world 314 points 3 days ago (17 children)

Pretty sure this is illegal, you know, using one company to prop up another (the old “Enron” method)

Wish the US still I don’t know, had laws and whatnot

[–] SaveTheTuaHawk@lemmy.ca 2 points 1 day ago

NVidia-OpenAI-Nvidia-OpenAI

[–] Quacksalber@sh.itjust.works 138 points 3 days ago (2 children)

Laws are so 2010. Get with the time, it's all corruption and gambling now.

[–] hark@lemmy.world 10 points 1 day ago

2010? By that point, the global financial crisis had already proven that there are no consequences for financial manipulation if you're rich enough.

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[–] melsaskca@lemmy.ca 26 points 2 days ago (7 children)

Nothing is based on supply and demand anymore. The "market" no longer makes corrections. It's all manipulatable fuckery and the elite still wants you to believe that the stock market is stable. The big bubble burst will be money, and how it's abused/misused, not AI.

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[–] Nemo@slrpnk.net 120 points 2 days ago (9 children)

All valid criticism aside, 1000 is a pretty fathomable number.

[–] Professorozone@lemmy.world 43 points 2 days ago

To me one sold Cyber truck is unfathomable.

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[–] BilboBargains@lemmy.world 14 points 2 days ago

That's a creative use for the state handout that he receives for spacex, propping up the shareholders.

[–] MonkderVierte@lemmy.zip 20 points 2 days ago* (last edited 2 days ago)

~~Money laundering?~~ Stock boosting, same difference.

[–] SCmSTR@lemmy.blahaj.zone 9 points 2 days ago

Anybody that even indirectly gives any resource to these companies is being had

[–] technocrit@lemmy.dbzer0.com 96 points 3 days ago (1 children)
[–] stretch2m@infosec.pub 20 points 2 days ago (3 children)

THANK you. I can't even get excited about their successes knowing Musk is involved.

I've read several articles that say they have teams assigned specifically to handle elon in all his companies - to keep him busy and away from the actual critical work.

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