Tesla is paying $20k a year to be on Elon Musk’s X, and it’s not clear why

electrek.co

13 points·cma··8 comments

Tesla isn't getting anything. Twitter is getting money. That's the point.

He's moving money from a company that he controls to a company that he owns wholly. In other words, using Tesla shareholder money to get himself out of a tight spot. Sure looks like fraud to me.

Why would Elon Musk, who’s worth over $200 billion, run a $20k fraud, lol

Yes that's not even worth one single low wage employee salary, also this 20k figure is extrapolated from X's public prices, so it's not even very reliable as an estimate. It could be that tesla has entered some contract with X, we don't know. I'm pretty sure customer deaths due to a hackish autopilot function, or markets manipulation tactics are more interesting if you look for stuff that stinks in the Muskverse.

You don't seem to understand how business works. If he's putting his own money into it he can't say that his business is profitable.

Good-grief. 20k a year is $55 a day - for a company that was burning $1M a day. $55 ain't doing jack.

Restating the same fact per days instead of per year doesn't change the facts. And the fact is it all adds up. The list of things that Twitter isn't paying is huge.

He got away with using Tesla to bail out SolarCity. So a little bit of self-dealing looks safe.

Why are we discussing 20k a year. It won’t stop Twitter’s bankruptcy.

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