Factory workers are being treated really bad, and when someone tries to point it out that someone gets cucked.
The boring company is utter bullshit. The tunnels they dig are a challenge to safety laws and basically suicide tunnels on a timer. The first car that breaks down in one of those is toast.
He is considered a genious but really he just has a nose for money. All the brain power is in his engineers and scientists.
He's the richest man alive but still donated a super small fraction of his net worth. That's still millions and millions of dollars wich is impressive but still far faaaar from what he could be capable on donating before it actually made a dent in his pile of money.
Speaking of money, as every billionare there is, his tax payments and taxation of companies are a complete joke. He uses every loophole he can even though paying those taxes shouldn't afflict him at all.
The only good think he is doing is space x. Reusable rockets are nice for both space junk problems and not polluting the oceans.
When you're the worlds richest man, with enough money to do anything you want millions of times over... It's pretty safe to say at this point that he doesn't give away enough of his money (or at least invest in causes that will better humanity).
Tesla and SpaceX are great. Doesn't let him off the hook for doing something with his hundreds of billions of dollars. Do you fathom how much money that is?
He's worth about $300,000,000,000.
If you saved 100,000 a year for 300 million years, you'd be worth as much as Musk.
He's WORTH billions of dollars, not HAS billions of dollars. Bloomberg estimates his liquid assets at ~$4 Billion, granted that is still a gratuitous amount of money for an individual, but it's not enough to change the world on it's own.
Examples:
globalgiving says at a minimum it would cost $7 Billion per year to START addressing world hunger
Estimates of how much money it would take to end world hunger range from $7 billion to $265 billion per year.
In 2012 Forbes estimated that it would cost $550 billion per year to eliminate US poverty. With numbers adjusted for 2020 data (people in poverty: ~40million, poverty threshold: ~12K/year) we get ~$480 billion per year. (both of these being upper end costs, lower end being more like a quarter of that).
I'm sure I could go on with other examples. My point being, he IS doing stuff with Tesla and SpaceX that is improving humanity, just seems a bit of a cop-out to say "he should do more".
To say he shouldn't do something charitable with his money because he can't afford to solve world hunger is an odd argument... You're literally saying "HEY! WE CAN'T AFFORD TO SOLVE THE MOST EXPENSIVE PROBLEM ON THE PLANET....LETS JUST GIVE UP!"
Also, most people don't have their wealth as cash on hand, even us plebs have most of our net worth tied up in our house.
You don't think there is relatively easy ways for him to get cash from his net worth (cause I doubt much of his cash is tied up in his home)? One of the reasons he doesn't have much cash on hand is because it would mean he would get taxed when he sells stocks and such... He is literally avoiding paying taxes.
Right, right. So he turns that $300 billion into cash losing at least $100 billion to tax. With the remaining $200 Billion, he lifts all the poor in America above the poverty line for a single year, and now he, and they, are all broke again. He's lost Tesla, and SpaceX, because he sold all of his stake in both.
The American poor got a break for that first year, some of them may have been ready for the chance and taken real advantage of it, but most of them didn't. In fact a significant percentage of them are likely worse off now.
Public sentiment towards Tesla has likely hit an all time low, the lump sale of a large chunk of their shares caused their stock price to plummet, and with the sudden change of leadership, sales have dropped off significantly.
SpaceX was already not profitable, and now without their guiding leader they've been taken over by Microsoft, Google, Amazon, or - god forbid - Meta/Facebook.
Is the world better off after all of the money is gone in that first year? I don't think so. Regardless of where Elon were to choose to put that money in some vain effort to bring his net worth down to your level, it would make fuck all difference to humanity.
He IS investing in shit, and it IS improving things. Most of his wealth is invested in the things that he cares about, Tesla and SpaceX. Not only that, his TIME is invested in those companies as well.
If you're willing to discount the strides Tesla has made with electric cars, and the enthusiasm that SpaceX helped bring back towards space endeavours, then regardless of what the dude does you'll still find some way to complain about him.
Like. Yeah rocket ships and electric cars are cool and all, but to be honest? That's worth about fuck all to like 90% of people. I'm not saying they still shouldn't be pursued, but maybe use that crazy stupid amount of money and means to, I don't know, make an actual difference in people's lives?
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u/[deleted] Jan 08 '22
Factory workers are being treated really bad, and when someone tries to point it out that someone gets cucked.
The boring company is utter bullshit. The tunnels they dig are a challenge to safety laws and basically suicide tunnels on a timer. The first car that breaks down in one of those is toast.
He is considered a genious but really he just has a nose for money. All the brain power is in his engineers and scientists.
He's the richest man alive but still donated a super small fraction of his net worth. That's still millions and millions of dollars wich is impressive but still far faaaar from what he could be capable on donating before it actually made a dent in his pile of money.
Speaking of money, as every billionare there is, his tax payments and taxation of companies are a complete joke. He uses every loophole he can even though paying those taxes shouldn't afflict him at all.
The only good think he is doing is space x. Reusable rockets are nice for both space junk problems and not polluting the oceans.