this post was submitted on 15 Mar 2024
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[–] ringwraithfish@startrek.website 1 points 7 months ago (1 children)

I feel like Twitter (I will always deadname it) was the beginning of the end for him. Unfortunately, things like this can take years or decades to resolve, but whereas 5 years ago he had the midas touch and could do no wrong now there seems to be nothing but a stream of negative news about him.

Time will tell

[–] Hypx@fedia.io 0 points 7 months ago (1 children)

The "midas touch" is basically just securities fraud. Something he can't get away with forever.

[–] daddy32@lemmy.world 1 points 7 months ago (1 children)

In what sense? Lying about the actual capabilities of the business? Full autonomous drive next year and Mars at 2022?

[–] Hypx@fedia.io 0 points 7 months ago

All of those statements existed to either drum up investment money or get people to buy non-existent products. So those things are examples of securities fraud too.