Summary
Carlos Slim’s telecom giant, América Móvil, canceled $22 billion in planned Starlink orders after Elon Musk insinuated Slim had ties to drug cartels.
The decision, made within hours of Musk’s tweet, costs Musk his main partner in 25 countries and shifts business to Chinese and European competitors, further reducing U.S. commercial influence.
Musk’s increasing political entanglements and conspiracy-laden posts are alienating key business partners and consumers, with potential ripple effects on Tesla sales.
Elon really is his own worst enemy. Buying Twitter was such a bad idea on multiple levels.
Other than the fact that it contributed heavily towards giving trump a win in the election and allowing for the speedrun of dismantling of western democracy and alliances. There’s a reason why a lot of the additional funds to purchase twitter came from dictatorship-like backers, such as Saudis/UAE/etc.
It’s served its purpose for them. They’d have been happy to just dismantle it for 44 billion. Musk gave them so much more than that though.
someone pointed out the trump has a history of making the people that help him succeed get ruined and a lot of his most vocal people from his first term lost everything
Good, Elon seriously deserves to lose it all from this. He threatens to shut off Starlink for Ukraine. He’s a nazi making the core buyers of Tesla take a stance. Governmental subsidies are cut to the bone, but not his SpaceX, yet? He’s more unreliable than Google at this point.
He just wanted a soapbox he could control.
This is a man whose only good ideas have been to buy other people’s good ideas with his father’s blood money.