Elon Musk has backed out of his Pledge

[angrychair]

To give TSF $45 million a month per Threads post from Ron Filipkowski with Musk saying "he doesn't subscribe to cult of personality"
Update: link to article: https://fortune.com/2024/07/23/elon-musk-backs-down-from-45-million-a-month-pledge-to-trump-says-he-doesnt-subscribe-to-cult-of-personality/

Post by @ronaldfilipkowski

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/?xmt=AQGzITz9sGaUqfsVZ-2XHu-TiK74s_KwGz5dEmcOGuee_Q

[underpants]

1. Uh oh.

[2naSalit]

6. No shit!

[surfered]

60. If you read the entire article linked to this post

You will see that Musk started a PAC, along with other tech billionaires, to support Republican candidates which include Trump.

Musk opposes Democratic policies, saying we are for censorship, etc.

You can’t trust what he says, including his denials.

[drmeow]

65. Exactly - you can tell when Musk and Trump are lying

because words are coming out of their mouths.

[CentralMass]

67. No convincing needed.

[brush]

2. Loser that he is, Musk knows trump when he sees one...now that VP Harris is in the race.

Last edited Tue Jul 23, 2024, 08:28 PM - Edit history (1)

[agingdem]

34. I suspect Musk isn't the only bloated billionaire

Last edited Tue Jul 23, 2024, 08:43 PM - Edit history (1)

backing away from geezer Trump..and I also suspect Judge "Bend Over For Trump" Cannon is gulping back tears as her chance of a Supreme Court seat has gone from a sure thing to a never gonna happen...thoughts and prayers...

[brush]

36. Nailed it.

[llmart]

38. A big K&R...

for the moniker "geezer Trump". Can we get this to catch on?

[rubbersole]

77. Probably catching on in 'diners' around the country.

And beauty salons. And PTA bake sales. And golf courses. And....

[Dave Bowman]

53. "Cannon is gulping back tears"

Karma is a beach.

[wnylib]

80. The thought of Canon in tears gives me great schaudenfreude joy.

[soldierant]

87. I'm afraid I can't say the same...

Every time I look at her official picture, I feel like calling an exorcist. And it''s mostly those eyes. I'm afraid tears coming out ofthem could pollute the entire Caribbean., an that scares me.

[wnylib]

90. I was thinking of her bitter sadness after debasing herself

so blatantly only to realize that it was all in vain. She will not get the SC appointment that she so desperately wanted.

[soldierant]

94. I get that - I just want her to be sad without tixic tears which might affect the rest of us.

[flying_wahini]

3. Love it. They will eat their own before this is over

[Pinback]

54. My fondest hope is to see Lindsey Graham's prediction come to pass

https://www.snopes.com/fact-check/lindsey-graham-nominate-trump/

[AZ8theist]

4. Elon.

A sometimes bullshitter. Always a D-BAG.

[Ocelot II]

5. The only cult of personality he's interested in is his own.

[angrychair]

11. That is a true story. N/T

...

[LostOne4Ever]

26. Bullseye! (Nt)

[LearnedHand]

29. I was just thinking that

The back part of his sentence is "unless it's my cult and my personality."

[UTUSN]

43. Ya beat me to it

[newdeal2]

7. Haha I predicted something like this yesterday

This was a marriage of convenience between big tech and Trump and it’s going to blow up at some point.

[vrguy]

8. Ketamine is a hell of a drug.

n/t

[lindysalsagal]

9. This is tscf's deathknell!

[dchill]

37. Well, the oil lobby might come through with that billion he demanded!

[Justice matters.]

45. And transfer the cost to the drivers.

Just like they always do.

[Martin68]

74. Don't count on it. The oil lobby won't invest in a losing candidate who can't give them anything in return.

[dchill]

75. I'm DEFINITELY not counting on it.

[bucolic_frolic]

10. Rich. /nt

[Sky Jewels]

12. Ha Ha Ha Ha Ha! Let the ketchup hit the wall!

[Tribetime]

13. He sees the writing on the wall

[Silent Type]

14. Saw an article early this morning that essentially said, "trump better cash the check quickly, if he even gets one."

[Solly Mack]

15. Nonsense. He is his own cult of personality.

[Johnny2X2X]

16. Wow

I wonder if someone talked some sense into him. That other billionaire he was trying to get to join him had a pretty good public comeback calling Trump “depraved.”

[irisblue]

17. From the Fortune article

https://fortune.com/2024/07/23/elon-musk-backs-down-from-45-million-a-month-pledge-to-trump-says-he-doesnt-subscribe-to-cult-of-personality/

[ his cult of personality is the only cult that matters to that guy]

snip-"What’s been reported in the media is simply not true,” Musk said. “I am not donating $45 million a month to Trump.”


snip-"The Wall Street Journal first reported on the claim, citing sources “familiar with the matter.” The outlet has not yet issued a retraction or follow-up article altering its reporting.

Musk did note that he created a super PAC, called the America PAC, to help support Trump. A super PAC is a group that can raise unlimited amounts of money for a campaign’s independent expenditures—such as for ads, or for day-to-day operations— but doesn’t donate directly to the campaign. They have become prominent among both Democrats and Republicans since a 2010 D.C. appeals court decision that authorized the existence of the super PACS. For a normal PAC, donors are limited to gifts of only $5,000 a year."

snip-"He also added that one of the principles the PAC aligned with was “freedom,” particularly freedom from “as much government intervention as possible.” The hand of government gets heavier every year, and if we don’t roll back some restrictions and regulations, eventually, “everything will be illegal,” Musk said."

more there.

That guy is a gaping asshole

[dalton99a]

20. +1. Musk is a multi-billionaire because of the government

[llmart]

44. Yep.

Space X uses NASA's Kennedy Space Center for launches and they have received more than a billion dollar in government contracts. The next ones to be bid on are in the near future, so Musk knows which side his bread is buttered on and it's not going to be Trump after January.

[Martin68]

76. Actually Musk has really good ideas and follows through on them. Hundreds of satellites in orbit, the first successful

EV, and a successful launch vehicle. He also is very good at picking useful people (engineers, businessmen, etc) to carry out his ideas. He is also a grand manipulator. The problem is he's a sociopath who takes sole credit for all of his success and doesn't give a shit about anybody else. That will be his downfall.

[ecstatic]

48. trump repeated that claim at his rally the other day as well.

Funny how eloon waited so long to shut it down. They're both liars so who knows what's true.

Link to tweet

[Diraven]

85. If this denial is true

Expect Trump to call Musk a traitor in his next rally. If he says nothing about it then the deal is probably still happening on the DL.

[karynnj]

56. Could Musk just be parsing words here?

He says he is not giving 45 million a month to Trump. He then speaks of his PAC, WHICH SUPPORTS TRUMP. He does not say how much he gave that PAC or how much he is spending a month from it.

He MAY be spending 45 million from it.

[Renew Deal]

70. That's the way I read it.

[Iggo]

86. Using a PAC as a front was the only way he ever COULD give Trump 45 million per month.

Straight up giving it to Trump's campaign is all kinds of illegal.

[karynnj]

88. Exactly, the question is is Musk saying the PAC won't spend that much money ?

[ecstatic]

91. Someone on a news show suggested that musk may have conned

trump by promising 45M per month in exchange for putting jd vance on the ticket. Now that jd's on the ticket, musk doesn't need to pay him shit.

[karynnj]

93. If true and given what we know of Trump, what does that do to his relaationship

With Vance. Although Trump does not seem to have many genuine relationships, could this lead to hostility.

[rurallib]

18. can they get a divorce? MAGAs don't believe in divorce do they?

ETA - did Trump get a pre-nup?

[mucholderthandirt]

19. What a liar.

He's just realized that Kamala Harris is going to wipe the floor with Trump, and all that money would just be wasted. He could buy out another idea and run it into the ground, by God.

[senseandsensibility]

21. Wow. I wonder what happened recently

to make him second guess his investment.

[moonscape]

22. Too rich! Literally! Damn but

that whole sorry bunch deserve each other.

[Starry Messenger]

23. It is entirely likely that Elon knows Kamala from CA stuff

And knows the terrain has shifted to the point where he’d just be lighting his money on fire

[XRubicon]

24. LOL

ETA a Threads link

Post by @michelle_holly

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/?xmt=AQGzncbbB5vTfPyI5Wk77jLNrdIR1kvG-ImqLcrxN8kJ9Q

Hey- I previewed this and it looks as good as twitter so why don't we stop posting twitter links and feeding the fascists?

ETA I guess it was a threads link... super happy to see that.

[LeftInTX]

25. Cost of living getting to you Elon?

EXCLUSIVE: Musk's modest abode: Elon's $50,000 Texas ranch is laid bare for first time - complete with rocket-shaped kids' playhouse and Tesla solar panels - just a block from SpaceX Starbase and two miles from Mexican border
Elon Musk's Boca Chica, Texas home has been revealed for the first time in exclusive DailyMail.com photos

Musk, 50, has claimed his 'primary' abode is a $50,000 rental property near the SpaceX Starbase after downsizing and pledging to 'own no home' last year

Neighbors confirmed the billionaire does indeed reside in Boca Chica – at least some of the time – in a three-bed, ranch-style home a block away from his space firm's production facility

Musk - who last month agreed to pay around $44billion for Twitter - has whitewashed the walls, planted new trees and covered the entire roof in high-tech Tesla-made solar roof tiles

His security entourage lives next door and the 1970s property is guarded with a dozen or so cameras, several nestling high above the street in the tops of palm trees

The tech founder, who recently had his seventh and eighth children with on-off partner Grimes, has also built a custom-made playhouse and swing in the back yard that closely resembles a SpaceX rocket

https://www.dailymail.co.uk/news/article-10775779/Elon-Musks-50k-Texas-home-near-SpaceX-Starbase-revealed.html

Note: The ranch house is worth about $200,000. But he did pay around $50,000 for the house located in the middle of nowhere. He also owns a $50,000 tiny house. Which is on the same property.

He did spend some $$ to remodel the house.

[Alice Kramden]

47. How weird is that

Thx for the Weird details - of course it's weird, it's Musk

[Kazzy]

27. I think there are many reasons for this

Here is one: I also read on DU that many people are no longer buying Teslas because he is a Trump supporter now…

Elon could just be looking after his companies with this move.. I doubt Maga are the target audience for Teslas 😂

[Blue Owl]

28. Go fuck a flaming cybertruck you piece of shit

[Bundbuster]

30. Scumbag lying coward hypocrite

.... ....

[LeftInTX]

33. Trump's loss is our gain..LOL!

[badhair77]

31. He is not an honorable man.

[LeftInTX]

32. Did the check bounce Elon?

[Thrill]

35. Could be to things

He’s reacting to TSLA’s awful earnings. Or he just hated Biden he was willing to back Trump

[GoCubsGo]

39. I'm shocked. SHOCKED I tell you!

I knew from the start that he wasn't going to pay up. He's full of shit.

[nattyice]

40. What a clown.

[DFW]

41. That's not all he doesn't subscribe to

He doesn‘t subscribe to tossing $45 million a month into some nebulous fund that Donald Trump can raid at will and put the cash into his own pocket. I can sympathize!

That is, I would, if I only had $45 million a month in spare cash.

[larwdem]

42. WTF

He just figured that out?

[samaben]

46. ELMO

Unless it's HIS cult and HE"S the personality

[SomedayKindaLove]

49. Et tu, Brute?

Boy a knife sharpening business for the GOP could make a killing about now.

[Justice matters.]

50. That government-subsidies fat cat just realized his horse

is a loser?

Or was it the abysmal drop in Tesla's car sales due to his daily propaganda for the right-wing fascists?

Or was it the convicted felon he supports trashing electric-cars in his crazy ramblings at his lying rallies?

Maybe a combination of all the above.

[FalloutShelter]

51. HAHA

Crash and burn.

[CentralMass]

69. Like aTesla on FSD

[Playingmantis]

52. Another one bites the dust

Another brick in Trumps Red Wall has fallen....

[SunSeeker]

55. LOL

Eloon only subscribes to one cult--himself.

[intrepidity]

57. Omg if this is true lolololololo.....nt

[LetMyPeopleVote]

58. Telsa is paying a price for Musk's stupidity and so he had to back down

Link to tweet

[Traurigkeit]

59. believe it when it actually gets there. words are words. drawing money down by ACH is something else - Wed Jul 17, 2024

[toad-eye]

61. I doubt it

I highly doubt Musk-rat is being truthful.
More likely the report about all the business Tesla is losing hit the fan and this is his attempt at damage control.
I believe the money is still flowing.
Even if he wasn't giving to either candidate, I don't like him or his pudgy entitled face and would never buy one of his stupid cars.

[Wednesdays]

62. He just now realized it'd be a waste of money!

[diva77]

64. It feels like we are checking off the plot points from "Animal House," one, by one.

[Maru Kitteh]

66. Lol, who DIDN'T see that coming? One stable genius backing out on the other.

[dchill]

68. Backer downer pledger? I think SOOO.

[CentralMass]

71. Elmo is looking for love in all the wrong places. I doubt it but he might have

realized that being an asshole has driven his customer base.away

[Martin68]

72. Uh, oh. Elon doesn't want to throw good money after bad and back a loser.

That's very telling. I think Trump is in the Dumpster.

[Metaphorical]

73. Nailed it!

On Sunday, when Biden stepped down as candidate and endorsed Harris, one of my first thoughts was that Musk was going to close his checkbook, and that when he did, it'd be the start of a stampede away from the GOP by the billionaire donors.

If Trump is holding outside rallies, it means he can't afford indoor venues. The GOP convention was embarrassing in part because of how bare bones it looked. Yet the RNC had been claiming something on the order of $250 million in their war chest in the last couple of months. A little bit of reflection shed some light on the issue.

There are quite a few paper billionaires out there, but it's worth understanding that many of them are fairly heavily invested, and in general they are far more likely to borrow against their investments as collateral rather than actually liquidating the principle. Musk's big payday was to have been his compensation package from Tesla, but that's still not (as far as I'm aware) materialized, and the value of his holdings are way down from where they were at his peak. This means that while Musk is not hurting, $45 million a month (almost $250 million dollars in total) is a not insignificant amount of money even to a billionaire.

Musk was making an investment, and under Biden, that bet looked safe. Sunday - and Kamala Harris's adroit handling of it - changed the equation dramatically. Understand that Musk "acquired" Twitter primarily to influence both public opinion and the election, but he didn't actually pay all that much of his own money to do it. Instead, he bought up junk bonds and similar questions financial instruments to finance it, probably with stock as collateral, and if he doesn't get Twitter (excuse me, X) off the ground, he's significantly underwater. If Trump loses, that's only going to add to Musk's loss (especially since getting a loan for a somewhat dubious campaign contribution of that magnitude is likely VERY difficult, not to mention probably illegal if Trump DID lose.

This means that Musk's "contributions" were counted in total when they had simply been pledged. Musk walking away from a promise (which he has been known to do in the past) is moreover likely to cause others in that circle to follow suit, for much the same reason. Even if the RNC funds aren't being "repurposed" for Trump's legal fees (and I would be surprised if they weren't), the pledges are being vacated just as the campaign season really begins, leaving the RNC (also known as Trump, Inc.) broke for all intents and purposes.

I see a few things coming out of this. Campaign ads all up and down the chain on the RNC side are going to disappear by September. The MAGA devout are going to find that their signage and t-shirts have been mysteriously lost in the mail. The barrage of polls that have obvious biases are going to slow down to the more legitimate ones, and the cycle's going to accelerate.

Everyone wants to back a winner. No one wants to back a loser.

[Demovictory9]

78. He also added that one of the principles the PAC aligned with was "freedom," particularly freedom from "as much governme

He also added that one of the principles the PAC aligned with was “freedom,” particularly freedom from “as much government intervention as possible.” The hand of government gets heavier every year, and if we don’t roll back some restrictions and regulations, eventually, “everything will be illegal,” Musk said.

--------

Like abortion?

[Quixote1818]

79. LOL Elon found a better start up company to try to hitch onto. nt

[dsp3000]

81. He's gonna tank tesla.

[AllaN01Bear]

82. hem

[Orangepeel]

83. Ha! Trump already picked Vance so no need for Musk to keep paying

[WhatTheFlux]

84. cult of personalizleeze

Doesn't Elon have his own cult o' personality to fund?

[keithbvadu2]

89. Elon starts a big PAC with empty big talk of big dollars.... for other people to donate to.

[RANDYWILDMAN]

92. Must, still a weasel

don't trust him at all.