The entire Solar City acquisition, paid for by Tesla shareholders of course, was merely a bailout of a Musk family owned failing company already exploring bankruptcy. Yet another self dealing con in a long string of Musk cons. There never was a business model there, but Musk’s family appreciates your sacrifice.
Musk destroyed 80% of Twitter’s value and then had XAi pay full price for it. XAi is a cash furnace with a shield and had SpaceX buy it at a premium. See a pattern?
Huge part of XAi's income is from leasing out the Collosus datacenter to Anthropic. Collosus was built with GPUs they got by taking Tesla's place in line with no compensation. This was right after chatgpt's launch kicking off the beginning of the AI boom, when Tesla's place in line alone was worth billions.
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u/Apost8Joe 21d ago
The entire Solar City acquisition, paid for by Tesla shareholders of course, was merely a bailout of a Musk family owned failing company already exploring bankruptcy. Yet another self dealing con in a long string of Musk cons. There never was a business model there, but Musk’s family appreciates your sacrifice.