Tuesday, July 15, 2025

Musk will ask Tesla shareholders to vote on bailout for Twitter/xAI

Wait. A billionaire who spent ostensibly his own money to buy a platform that is used for hate - and which is bleeding money - wants to ask the company where he serves as the CEO (poorly) to bail him out for his privately held company?

And what does the company get in return? Nothing I assume. 

Why not just spend your own damn money? You have it for gosh sakes. 

If the shareholders and board vote for this, rather than voting no confidence in him … then we are as stupid as it seems. 


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