> He's using his enormous amount of wealth and influence as a weapon to bludgeon anyone and anything in his way.
Using your "enormous amount of wealth" as a weapon means you'll be frittering away that wealth very quickly. Especially since others will be inclined to take the other side of the bet as soon as they catch on to it happening.
Well, people need to understand that it's not just one group of people, but an ever-evolving group of people that don't always share the same interests - but have very similar, overlapping interests - and will gladly take each other to court, but will just as gladly unite to vanquish outsiders.
> you'll be frittering away that wealth very quickly
Musk’s vulnerability is Tesla. He has personally levered those shares in a way that makes him vulnerable to political retribution. (Banning cameras-only self-driving being one option. Politicising recalls being the nuclear one.)
He’s vulnerable to more than that, but it is definitely the biggest risk.
I genuinely think that a political recall over his language and promises regarding self-driving are the most likely downfall of this man. (Outside maybe from his drug use and rapid political agenda as a target). I think he’s get political green-light from Trump admin to roll out nationwide self-driving and it’ll be a deadly mess, and that will be the unwinding of Tesla and Musk. The rapid recall and mess that will result will tank them in the market, and start a crisis.
Precisely, states will react to the self driving vehicles, allowing consequences outside the control of the federal government, who will happily protect him.
That’s true at normal levels of rich. But at Musk levels I’m not so sure. Even Twitter paid off handsomely even though he ran its financials into the ground, because he leveraged it to elect Trump, and immediately became worth $100B more the day after the election.
>> He's using his enormous amount of wealth and influence as a weapon to bludgeon anyone and anything in his way.
> Using your "enormous amount of wealth" as a weapon means you'll be frittering away that wealth very quickly.
That has not been the case throughout history. To the contrary, using "your 'enormous amount of wealth' as a weapon" has been effectively employed by those possessing same for as long as there has been an agreed upon definition of "wealth."
Using your "enormous amount of wealth" as a weapon means you'll be frittering away that wealth very quickly. Especially since others will be inclined to take the other side of the bet as soon as they catch on to it happening.