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.

  • gon [he]@lemm.ee
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    2 days ago

    Well, Amazon isn’t exactly great for the EU, but at least it’s not Elon, IG…

    • Pennomi@lemmy.world
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      2 days ago

      Billionaires trying to preserve the status quo are far less dangerous than billionaires trying to disrupt it.

      • wjrii@lemmy.world
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        2 days ago

        Damning with faint praise, but you’re not wrong. No billionaire getting stuck-in like Musk is doing it to make the world a better place for anyone else, and no one except autocrats and accelerationist wackos should be pleased with how things have changed in the last 6 months.

      • gon [he]@lemm.ee
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        2 days ago

        So? No billionaires at all are better than both cases. Bezos is evil too, any investment going towards him is terrible to. It’s better than Elon, but all this is terrible. Also, Bezos is not trying to preserve the status quo, he’s only trying to protect himself and his pockets, that’s all.

      • gon [he]@lemm.ee
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        2 days ago

        Not sure about that, but I can’t really say I disagree, fundamentally.