Tag: Elon Musk is a fraud

Guest Post by Alex Berenson

He’s grappling with his own vision for free speech – and pressure from advertisers and Europe. He would be better off sticking to First (Amendment) principles. Then again, it’s not my $44 billion.

For a glorious moment two weeks ago, Elon Musk seemed to remember why he had bought Twitter.

On Nov. 23, Twitter said it would stop enforcing its Covid “misinformation” policies. Those rules had led it to ban thousands of users, including me in August 2021. (Among the tweets that led to my ban was one that simply reported accurately on the results of Pfizer’s own vaccine clinical trial.)

The next day, Musk promised an “amnesty” to users suspended for breaking Covid or other Twitter rules.

SOURCE

Continue reading “The good and the bad of Elon Musk’s first 40 days owning Twitter”

Guest Post by Simon Black

File this one away under ‘completely ridiculous’.

You might have heard that Elon Musk was on trial last week in Los Angeles; he was being sued because he claimed (multiple times) that British spelunker Vernon Unsworth was a pedophile. (He’s not.)

It’s generally damaging to one’s reputation when a world-famous billionaire erroneously calls you one of the worst things anyone could possibly be. So Unsworth sued for defamation.

Defamation in the United States is actually quite difficult to prove.

Continue reading “Broke billionaires (and other ridiculous signs of the top)”

Guest Post by Eric Peters

Imagine if your insurance company knew about it immediately every time you drove faster than any speed limit, anywhere. That you failed to come to a complete dead stop at every stop sign before proceeding – regardless of the need to come to a complete dead stop.

Every instance of seatbelt scofflawism.

Continue reading “You’re in Good Hands With Elon”

Guest Post by Eric Peters

How does he get away with it?

The simple answer is  . . . the press lets him. Over and over and over again. Ludicrous claims that ought to trigger the raising of hands – if not questions about his sanity – are stenographed onto laptops and formatted into copy and clicked and sent all over the Internet as imminent, given, factual.

There will be space tourism to Mars by 2022; fleets of electrified long-haul big-rigs that don’t have to stop every 20 miles or so for recharge pit stops. A new supercar that doesn’t exist – but send me a huge check.

Remember Yul Brynner in The Ten Commandments?

So let it be written, so let it be done. Except pharaoh kept his promises.

Continue reading “Towing the Statue of Liberty”

Guest Post by Eric Peters

Elon Musk has just announced he’s going into the insurance business with Liberty Mutual – a partnership as natural as the getting-together over coffee of the Gambinos and Columbos.

They’re really going into the data-mining and mobility control business; the insurance business is merely the storefront.

The plan, according to Elon, is to offer “compelling” premiums . . . by compelling policyholders to let him (and the sickly-named Liberty) monitor their driving via real-time telemetry – just like the Apollo program.

Continue reading “Elon’s “Compelling” New Offer”

Guest Post by Eric Peters

Anyone who hasn’t grokked the con by now is probably a hopeless case. Tesla has been in “business” for going on 15 years and still loses money despite taking billions.

Ask yourself what kind of “business” gets propped up by the government for that long – and what it implies about the reasons for propping it up.

Tesla’s purpose isn’t crony capitalism/rent-seeking, except incidentally.

Continue reading “Grokking the Con”

Guest Post by Eric Peters

Extortion is illegal provided you call it that. If you call it something else – “emissions credits,” for instance – then it’s ok.

Tesla just extorted several hundred million dollars from FiatChrysler (FCA) via this legal means of extortion. FCA is forced to pay Elon for not building enough electric cars which people don’t want to buy – but which don’t produce that deadly inert gas, carbon dioxide. While the cars FCA sells – without subsidies – do.

These CO2 “emissions” – which every living soul on this Earth also “emits” with every respiration – have been hystericized into a Planetary Threat for political reasons. An inert gas – but one essential to life on this Earth – has been rebranded into an “emission,” a term which once meant harmful byproducts – things which had to be cleaned up for the sake of public health.

But carbon dioxide isn’t “dirty.”

Continue reading “The Elon Mordita”

Guest Post by Eric Peters

Give Elon credit: He knows how to take money.

Not make it. That’s the result of honest, honorable work and the free exchange of value for value.

Elon’s work is of a different sort.

He uses leverage – force or its threat applied to coerce people to part with their money, unwillingly.

Continue reading “How Elon Takes Money”

Guest Post by Eric Peters

Three years is a long time to wait for a new car. It makes you want to buy another car – which is exactly what a large number of frustrated Teslians are doing as they lose hope of ever getting behind the wheel of the Model 3 they put thousand dollar deposits on as far back as 2016.

That is to say, of ever seeing the affordable Model 3 Elon promised to build for them. The one Elon promised he could sell them for $35,000. The one which – by dint of its affordability – Elon swore on a stack of battery packs would game-change the EV business, which has been financially flummoxed to date when it comes to figuring out how to build an electric car that can be sold at a price people can afford and at a profit.

Continue reading “Waiting For Elon”