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CIRCLE WITH A DOT

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  3. Elon Musk thread 🧵, part 4.

Elon Musk thread 🧵, part 4.

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  • jmcrookston@mastodon.socialJ jmcrookston@mastodon.social

    ...

    However, note that even if Tesla had to pay taxes in the United States on this $18 billion of profits it would have paid $400 million of taxes. (Ref https://economictimes.com/news/international/business/elon-musk-scorned-shady-loopholes-yet-offshore-tax-tricks-likely-saved-tesla-hundreds-of-millions/articleshow/130389082.cms. By the way, I have no idea how it would be such a small number!)

    If an individual made $18 billion of income they would have to pay roughly half of it - $9 billion - as taxes.

    So there's something else gravely wrong with this situation.

    jmcrookston@mastodon.socialJ This user is from outside of this forum
    jmcrookston@mastodon.socialJ This user is from outside of this forum
    jmcrookston@mastodon.social
    wrote last edited by
    #25

    Finally, all these tax shenanigans are just straight up making Elon Musk rich. That's it. It's just more con man bullshit because all of these savings pump the stock price which goes straight in his pocket for the most part.

    He's just a boy-faced con man. And a racist Nazi of course.

    jmcrookston@mastodon.socialJ 1 Reply Last reply
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    • jmcrookston@mastodon.socialJ jmcrookston@mastodon.social

      Finally, all these tax shenanigans are just straight up making Elon Musk rich. That's it. It's just more con man bullshit because all of these savings pump the stock price which goes straight in his pocket for the most part.

      He's just a boy-faced con man. And a racist Nazi of course.

      jmcrookston@mastodon.socialJ This user is from outside of this forum
      jmcrookston@mastodon.socialJ This user is from outside of this forum
      jmcrookston@mastodon.social
      wrote last edited by
      #26

      And at the same time that Tesla makes record profits by not paying any taxes, it also makes absolutely trash automobiles.

      _It’s Official: the Cybertruck is More Explosive than the Ford Pinto_
      https://fuelarc.com/news-and-features/its-official-the-cybertruck-is-more-explosive-than-the-ford-pinto/

      jmcrookston@mastodon.socialJ 1 Reply Last reply
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      • jmcrookston@mastodon.socialJ jmcrookston@mastodon.social

        And at the same time that Tesla makes record profits by not paying any taxes, it also makes absolutely trash automobiles.

        _It’s Official: the Cybertruck is More Explosive than the Ford Pinto_
        https://fuelarc.com/news-and-features/its-official-the-cybertruck-is-more-explosive-than-the-ford-pinto/

        jmcrookston@mastodon.socialJ This user is from outside of this forum
        jmcrookston@mastodon.socialJ This user is from outside of this forum
        jmcrookston@mastodon.social
        wrote last edited by
        #27

        Unsurprisingly Uber does the same thing and avoids taxes using dozens of shell companies.

        Any rational actor would take full advantage of these tax loopholes, unfortunately.

        Link Preview Image
        'Champions League of tax avoidance:' Uber used 50 Dutch shell companies to dodge taxes on nearly $6 billion in revenue, report says

        Uber claimed a $4.5 billion global operating loss in 2019 for tax purposes, despite bringing in $5.8 billion, an Australian research group found.

        favicon

        Business Insider (www.businessinsider.com)

        jmcrookston@mastodon.socialJ 1 Reply Last reply
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        • jmcrookston@mastodon.socialJ jmcrookston@mastodon.social

          Unsurprisingly Uber does the same thing and avoids taxes using dozens of shell companies.

          Any rational actor would take full advantage of these tax loopholes, unfortunately.

          Link Preview Image
          'Champions League of tax avoidance:' Uber used 50 Dutch shell companies to dodge taxes on nearly $6 billion in revenue, report says

          Uber claimed a $4.5 billion global operating loss in 2019 for tax purposes, despite bringing in $5.8 billion, an Australian research group found.

          favicon

          Business Insider (www.businessinsider.com)

          jmcrookston@mastodon.socialJ This user is from outside of this forum
          jmcrookston@mastodon.socialJ This user is from outside of this forum
          jmcrookston@mastodon.social
          wrote last edited by
          #28

          I have all these leftover Dutch shell companies lying around the house, so it is nice to see a use for them. Reuse and recycle, you know.

          jmcrookston@mastodon.socialJ 1 Reply Last reply
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          • jmcrookston@mastodon.socialJ jmcrookston@mastodon.social

            I have all these leftover Dutch shell companies lying around the house, so it is nice to see a use for them. Reuse and recycle, you know.

            jmcrookston@mastodon.socialJ This user is from outside of this forum
            jmcrookston@mastodon.socialJ This user is from outside of this forum
            jmcrookston@mastodon.social
            wrote last edited by
            #29

            "518,428
            Preventable child deaths in the year since Musk dismantled USAID, saying, “Time for it to die"."

            Link Preview Image
            Geek tragedy

            Look upon their works and despair.

            favicon

            Mother Jones (www.motherjones.com)

            jmcrookston@mastodon.socialJ 1 Reply Last reply
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            • jmcrookston@mastodon.socialJ jmcrookston@mastodon.social

              "518,428
              Preventable child deaths in the year since Musk dismantled USAID, saying, “Time for it to die"."

              Link Preview Image
              Geek tragedy

              Look upon their works and despair.

              favicon

              Mother Jones (www.motherjones.com)

              jmcrookston@mastodon.socialJ This user is from outside of this forum
              jmcrookston@mastodon.socialJ This user is from outside of this forum
              jmcrookston@mastodon.social
              wrote last edited by
              #30

              _Dylan Carter, 'The Voice' alum, died after his Tesla veered 'off the road'
              Dylan Carter, a former "The Voice" contestant, died at 24 after striking a curb and a utility pole before his Tesla overturned._
              https://www.usatoday.com/story/entertainment/tv/2026/04/28/dylan-carter-death-the-voice-car-accident-details/89836207007/

              jmcrookston@mastodon.socialJ 1 Reply Last reply
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              • jmcrookston@mastodon.socialJ jmcrookston@mastodon.social

                _Dylan Carter, 'The Voice' alum, died after his Tesla veered 'off the road'
                Dylan Carter, a former "The Voice" contestant, died at 24 after striking a curb and a utility pole before his Tesla overturned._
                https://www.usatoday.com/story/entertainment/tv/2026/04/28/dylan-carter-death-the-voice-car-accident-details/89836207007/

                jmcrookston@mastodon.socialJ This user is from outside of this forum
                jmcrookston@mastodon.socialJ This user is from outside of this forum
                jmcrookston@mastodon.social
                wrote last edited by
                #31

                BBC reported today that Elon Musk complained that the _other side's lawyers_ asked him trick questions while he was on the stand in his case against Altman.

                What.

                🤣

                How anyone can hold even a single share of Tesla is beyond me.

                jmcrookston@mastodon.socialJ 1 Reply Last reply
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                • jmcrookston@mastodon.socialJ jmcrookston@mastodon.social

                  BBC reported today that Elon Musk complained that the _other side's lawyers_ asked him trick questions while he was on the stand in his case against Altman.

                  What.

                  🤣

                  How anyone can hold even a single share of Tesla is beyond me.

                  jmcrookston@mastodon.socialJ This user is from outside of this forum
                  jmcrookston@mastodon.socialJ This user is from outside of this forum
                  jmcrookston@mastodon.social
                  wrote last edited by
                  #32

                  "Tech billionaire Elon Nusk has accused defence lawyers of asking him trick questions on the third day of his lawsuit against OpenAI"

                  I'm dying. 🤣

                  I'm dead.

                  I bought a Tesla and tried the self-driving mode and now I'm dead. I'm that dead. 🤣

                  jmcrookston@mastodon.socialJ 1 Reply Last reply
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                  • jmcrookston@mastodon.socialJ jmcrookston@mastodon.social

                    "Tech billionaire Elon Nusk has accused defence lawyers of asking him trick questions on the third day of his lawsuit against OpenAI"

                    I'm dying. 🤣

                    I'm dead.

                    I bought a Tesla and tried the self-driving mode and now I'm dead. I'm that dead. 🤣

                    jmcrookston@mastodon.socialJ This user is from outside of this forum
                    jmcrookston@mastodon.socialJ This user is from outside of this forum
                    jmcrookston@mastodon.social
                    wrote last edited by
                    #33

                    AHAHAHAH

                    _Your questions are designed to trick me’: combative Musk grilled over battle with Sam Altman
                    Lawyers for world’s richest person try to paint him as humanitarian as judge cuts off his long-winded replies_
                    https://www.theguardian.com/technology/2026/apr/29/elon-musk-openai-sam-altman-lawsuit

                    OH MAN LET HIM BRING HIS MOM UP ON THE STAND WITH HIM. COME ON THIS IS UNFAIR 🤣

                    annehargreaves@ioc.exchangeA 1 Reply Last reply
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                    • jmcrookston@mastodon.socialJ jmcrookston@mastodon.social

                      AHAHAHAH

                      _Your questions are designed to trick me’: combative Musk grilled over battle with Sam Altman
                      Lawyers for world’s richest person try to paint him as humanitarian as judge cuts off his long-winded replies_
                      https://www.theguardian.com/technology/2026/apr/29/elon-musk-openai-sam-altman-lawsuit

                      OH MAN LET HIM BRING HIS MOM UP ON THE STAND WITH HIM. COME ON THIS IS UNFAIR 🤣

                      annehargreaves@ioc.exchangeA This user is from outside of this forum
                      annehargreaves@ioc.exchangeA This user is from outside of this forum
                      annehargreaves@ioc.exchange
                      wrote last edited by
                      #34

                      @jmcrookston They so deserve each other.

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