How Elon Musk Got Rich: The $230 Billion Myth | The Class Room ft. Second Thought

Elon Musk spent decades building something big: himself. Musk managed to sell the world on a persona: the visionary genius billionaire working his hardest to save the the world. And it’s worked: the myth of Elon Musk has made him a lot of money.
But what did it cost to get him there? And what does it mean that the richest man in the world build that wealth purely on an image of himself?
We took a deep look into Musk’s entire career: court documents, SEC filings, and interviews to break down the story Elon tells about himself and how he leveraged it to accumulate wealth and power.
#elonmusk #billionaire #tesla
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[@GleefulNihilism]

I always giggle when he tried to claim that the whole thing about his family owned Emerald Mines in Apartheid-Era South Africa was just something his critics made up - then his own dad popped into the conversation with "not only is it true but your sister is sitting right next to me wearing some of our emeralds right now, lol".

[@OTROHIJO]

yeah , his dad said it was a bump on the ground with some emeralds in it. Didn't last long

[@ericschmitz03]

his dad is mentally ill dude. he makes shit up all the time

[@Skank_and_Gutterboy]

And there are also articles where Elon admits it.

[@GleefulNihilism]

@@TellusJD lol, sure thing Muskie.

[@GleefulNihilism]

@@TellusJD I do get reject shit by throwing the tribal ball when - A.) You buy it because you picked up the tribal ball. -AND- B.) You'd done absolutely nothing that points to the idea that I should take your opinion seriously. This is all public record, you alt-right sad boi. I'm only mentioning his dad first because it's the funniest. Are you going to cry about it? Is someone going to need to call the Wa'ambulance?

[@scottabc72]

When Elon talks about just 'getting' investors with phone calls it really helps a lot if you are already part of a family worth almost a Billion $ (30 years ago too). His father helped much more than with $20000 loan while Elon was slumming it for a couple years to avoid South African military service.

[@nitawealand3629]

sooooo😂

[@pysq8]

1:36 it was 200k

[@MFSCraft]

@@pysq8 but it says "10% of 200k"

[@pysq8]

@@MFSCraft ahhhhh thx

[@knyghtryder3599]

Yeah , a back up billion or so really comes in handy

[@billymorgan4611]

It would be worth mentioning that he went to the most prestigious schools in South Africa, Canada and the US. So 'calling a few investors' is quite easy when you already have the connections.

[@lukazupie7220]

Like millions of others around the world yet 99% of them are totally unimportant. It is so pathetic to think like that.

[@lukazupie7220]

Also, what investors are we talking about? 200k for zip2? 200k? Really? Many middle class parents buy apartment for their kids that is more costly lol. Millions of people have 200k in their bank account. And they buy apartment and rent it out - and nothing wrong with that, i am doing the same, we are not all meant for great things.

[@mnomadvfx]

That's like saying "yes I went to Harvard and I talked to every rich person there and they all gave me their numbers and liked me". That's maybe exaggerating the issue a bit but it's not that easy - you don't just know who has what.

[@ringedplanet]

Connections is only part of the secret sauce. Intelligence, Vision and hard work is the other part. Read the Book David and Goliath by Malcom Gladwell

[@glormoparch5154]

He made a Tesla out of wood in the African jungles he's an engineering genius

[@TheGingerDivine]

“I only took some of my fathers money; the rest I got from the network I have because of my father”

[@hrhtreeoflife4815]

Q 😂 Thanks for the 😂 True 👍 isn't it Q❤

[@Ang.0910]

Like trump 😅

[@michaelmiranda8670]

​@@Ang.0910 EXACTLY! Buy existing and rebrand, take all credit and self promote

[@TimJohnson-x1o]

His mother is a multi millionaire, he came here from Canada not SA. He left SA after Apartheid ended. went to his millionaire mommy in Canada, then came to the US.

[@Ang.0910]

@@TimJohnson-x1o does it really matter. He’s doing more for humanity than u r

[@justinfowler2857]

Elon Musk is just another modern Thomas Edison. He takes credit for all the work other people do.

[@88mphDrBrown]

Thomas Edison was levels above Musk.

[@therev6689]

Edison never made a rocket land the same way it took off lol

[@88mphDrBrown]

@@therev6689 musk never did that either 😆 🤣 😂. VTVL rockets were around for 20 years before SpaceX did anything with them.

[@kayallen7603]

NO, he's FAR WORSE than Edison ever was.

[@acerimmer8338]

@@therev6689 Ahahahaha, you think Elon did the engineering. That's cute.

[@conansglasses2645]

" Tesla's value is based on the myth of Elon " hits even truer seeing how the stock is crashing right now now that public opinion of him took a 180°

[@jensenraylight8011]

here the thing, you can do what he did too, paid someone to spread a rumors about you being "the real life iron man" or something absurd like being "superintelligent", having "photographic memory". as long as it didn't come out straight from his mouth, nobody could debunk him or accuse him anything. also, if you want an illusion of being a genius, here are some tips for you, Hire the best people you can hire, there are over 1.000 of smartest people in his companies, he can talk to them one by one, steal what they said, their thought. and when you're talking with other people or in media, use their ideas as if it's yours. by doing that, people will mistake you as a genius, when in reality what you did was quoting your employees ideas. because there are 1.000 people in your company, nobody will be able to figure it out whose ideas it was. your new hires and intern will also mistaken you as a genius. when caught red handed, create a story where the guy who caught you is the villain and you're the hero. make fun of them, make them into meme, and rally your supporter to attack them. this is the Masterclass of being a Toxic Sociopath like Elon

[@yourelawyered]

And now it’s back up, looks like it’s not all public opinion

[@chillbeatz6805]

60-80% increase since your comment what next

[@KingHalbatorix]

comments that aged like fine whine tslaq stooges are the best clowns, the whole entire world is their circus

[@Skank_and_Gutterboy]

Yep. I think his stupid behavior is finally catching up with him. People are seeing that it's unhinged and deranged, not the "cool, edgy, and funny" that people were thinking before. The failure of Hyperloop and the horrible performance of Tesla cars over a cold holiday-weekend in Chicago is also hitting home, not to mention the fact that he is running Twitter into the ground and it can't be spun any other way. It's been a rough couple of months for Elon and the media is finally not sugarcoating it. Oh, one more thing. His "awesome" Starship can't get out of the atmosphere without exploding. We're all supposed to forget that the last Starship launch was supposed to end with a full orbit and a re-entry vehicle parachuting to a nice soft landing in the Atlantic. In reality, it didn't hit 1/4 of its mission milestones before exploding like a nuclear bomb. If this was a NASA project, it would be dead and Congress would be furious at the waste of time and money (Starship has been in development since 2013). The Elon-simps poo-poo the fact that Artemis went to the moon and back, and landed its capsule in the Pacific on-target and in perfect shape ON ITS FIRST LAUNCH.

[@jedw8753]

This man really is the definition of "failing upwards". When you come from money and have connections - how do you even fail? Just get investments, build something that half works, claim it's revolutionary, sell that business to dumb money (absolutely no shortage of this). What aspect of any of this is difficult? The hardest part is the initial money and connections. If you're born with that you can be a fool and succeed. Happens all the time.

[@oscars411]

There have been significantly richer people throughout history and none of them have launched multiple multi-billion dollar companies. Heck most rich kids don't amount to anything. Build something that half works; say the best selling car model in the world or a company that deploys more payloads to space than all other entities combined or the largest battery storage supply in the world. Yeah that's really easy that's why no one else has done it. But hey as long as you have connections you can achieve anything!

[@raghavkaushal7561]

@@oscars411 yeah okay. we get it. Elon did something not many rich kids would do. But is he actually an honorable person?

[@dh9030]

@@raghavkaushal7561 What kind of stupid question is this? How would any of us know if he's an honorable person. We see what the media wants us to see. Do you know him? Of course you don't. Are you honorable? Bashing people in KZbin comments isn't a characteristic I would attribute to an honorable person.

[@dh9030]

There is so much dumb in this comment it's not even worth breaking down. You should've aborted it.

[@jermaineayivoh8263]

@@dh9030 If you actually do a bit of research, anyone with a rational mind and the ability to think critically will have no other choice but to come to the conclusion that Elon Musk is anything but an honorable man. Elon has often lied about his accomplishments in the past and has taken credit for things he didn't actually do himself, and concepts that he claims were his "original" ideas that have in some cases been around for 100 years. There is irrefutable evidence of this! You say that we only get to see of Elon Musk what the media want us to see, ironically you are somewhat right in that statement but not in the way that you might think that you are. You see Elon has worked hard over the years of crafting the image of the "genius" billionaire philanthropist that just wants to make the world a better place. This is an image Elon has been quite happy to feed to the media and has helped them continually perpetuate it, because Elon has a very fragile ego that needs constant validation. Yet the truth about Elon is that he is not even close to being a genius, and also not close to being a philanthropist either. What he is however is a ruthless business man, who has time and again proved that he is not above stepping on others to futher his own success.

[@rickys7883]

Didn't Elon also call for an end to all government subsidies after taking billions in government subsidies? An estimated 4.9 billion back in 2015 per the Los Angeles Times.

[@Skank_and_Gutterboy]

He also got billions in transportation subsidies in the last couple years and a nice piece of the $1.2 trillion infrastructure bill for his fraudulent Hyperloop project. Now that Hyperloop is dead, he has to pay that back, right? {crickets}

[@jgunther3398]

he's done everything bad any socialist joker can think up, same as donald trump. so yeah, he did that

[@RyjDen]

He in the end at 54 less then whas before - snow cliner , no pension and No even Food Stamps now ! Life gives back what sombody deserves.

[@lnsflare1]

Not "after," "while."

[@Madasin_Paine]

A list actor as Welfare Warfare King Dumps waste on Natives. Let them manage it for 7 generations and called IT Philanthropy See nuke waste by the 10 dump on Australian AbOriginals Seems THEY don't want them talking EITHER. LIKE HOW THEY SURVIVED ON AUSTRALIA SO WELL WITH SO MANY ANIMALS AND HABITAT IN THEIR STATE? CLOWN COLON Ism Any ISM shall do.

[@darinherrick9224]

Sounds like Elon well understood the way to success as a car manufacturer in the U.S. is to get government handouts.

[@123axel123]

Yes, and? Handouts are bad, but they were available. Entrepreneurs take them. I would prefer a government that does not give handouts.

[@rickb3650]

@@123axel123 You don't even know what entrepreneur means. Musk is the antithesis of an entrepreneur. He's a rich kid who used his money and position to get away with being a criminal.

[@page8301]

@@123axel123 And it means that the myth of "self made billionaire" that these scumbags are proliferating are nothing but complete and utter lies.

[@gregmiller3523]

@@123axel123 I think the irony here is that Elon has spoken out about how only lazy people take handouts, he has bashed philanthropy and social programs, all the while he got a lot of handouts. So its more about Elon the hypocrite than anything else.

[@Nupish_AF]

Yeah but most people have ire towards poor people who they think abuse handouts, meanwhile the people who really impact the world evade criticism/ire for taking advantage of handouts for personal gain.

[@bccsivxx-xxivvii]

I always like to highlight that he was fired from PayPal (before it was actually PayPal) on his day off. He was on vacation. Not that it necessarily implies anything more, but it's a call back to the movie Friday. "Damn Craig, how the hell you gonna get fired on your day off?" It is kind of funny that he found out he was fired when his flight landed in Australia, and he hopped on the next plane back to Cali. So he got off one 18+ hour flight just to turn around and get on another back to where he came from. And I like to bring up his move to Canada was partly to avoid mandatory military service in South Africa. I don't have a problem with that personally, but it's a jab at his right wing fan boys who do.

[@ChristopherRadoff]

Yes, his plan was to revolutionize banking and his business partners just wanted to see money coming in so they got rid of him. This is why he likes to have control over his companies, so that they don't get distracted by quarterly profits and work toward solving much bigger problems

[@gaminggeckos4388]

@@ChristopherRadoff So how is that “solving much bigger problems” thing going so far?

[@TheDarthbinky]

"He was on vacation. " Not just on vacation... he was on his honeymoon for his first marriage. This is probably why he doesn't go on honeymoons anymore. "Yes, his plan was to revolutionize banking and his business partners just wanted to see money coming in so they got rid of him. " The video covers it. Musk was a narcissistic shitgibbon who was reportedly difficult to work with. In addition to what JT correctly says in the video, he insisted that the company be named after his old "X" company, even though consumer surveys consistently showed that "X" was seen as associated with pornography, making it a terrible name for a bank. Additionally, he insisted on using Windows framework when the rest of the board preferred the more stable Linux framework. Things like this add up, and the board fired him while he was on a plane heading to his honeymoon. I mean, come on, at what point has he ever actually revolutionized anything? SpaceX is just building old NASA gear and renting it back to NASA. He didn't invent the Tesla cars, Eberhart and Tarpenning did. The Boring stuff is just old crackpot ideas from the 1800s. The closest he's ever come to actually inventing something useful was when he made Zip2 with his brother in the mid-90s- and even that was super flawed and required outside help to make work.

[@kushagraraghav381]

@@gaminggeckos4388 well reusable rockets is something I would consider a bigger problem.

[@Pyrolonn]

All good points. He was fired for incompetence, given stock as severance, and then the company went gangbusters because they took out the trash, and then his severance in stock made him rich.

[@hidesertroamer]

No one gets that rich doing the “right thing”.

[@mikehunt8375]

NO ONE! Just like no one becomes President without being part of the psychopath elite...

[@danielg.w5733]

Successful authors? Musicians?

[@lmp9256]

Yawn. Analysis of a 3 yr old.

[@j.j.hosenfeld4955]

Of course not. If you're rich, you're a bad person. If you're super rich, you're just evil. You can't get money without taking it from somebody else and stepping on them. That's just how it works, right? No further thought need be given on the subject. It's simple. Elon Musk is super rich because he's evil, and he does evil things to hurt people. That's the only thing that matters, and you shouldn't believe all of the sycophants who like to spin things to make him look like he's doing something good. Because he is evil, everything he does is evil. Period.

[@janchristian514]

@@j.j.hosenfeld4955Your satire actually sounds like just the opposite of what you mean. I hope you are just kidding!

[@futureDrNLB]

OMG, I remember that Blackberry ad smh. This reminds me of the Mac Donald's story. How the founders were pushed out and the original home of the company was named to be in Chicago and not California. I knew he was not a founder of Telesa years ago and in fact, I had to educate a couple of his fans I work with and show them he is just an investor. Being a great investor is something to be proud of. But after this story, I see this man clearly used government loans and other loans as the main part of his cash flow. But everyday Americans can't get housing loans, cars, or business loans without scrutiny smh.

[@gmalady1ify]

@@futureDrNLB he is a liar. He stays up late at night, and he said he earned every penny. He earned every penny that he works for that’s not true. He steals money from people last night saying he’s going to invest in bitcoin for them, and he lied to me and said I own 7 1/2% of stock in tesla sent me an email and it was a lie and he stole thousands of dollars for me and I’m elderly saying he was investing in bitcoin on cash app and cash app so I will listen following the policy and close my account and I talk to them and told them what happened and they investigate it and I hope they shut down all of his address. He stays up late at night and have people send money to me to put into bitcoin strangers I didn’t even know and that is why cash app shut me down and I didn’t know I was doing anything wrong, it’s a liar and a thief don’t give me your money. He said he lives on millions of dollars of cash for himself because he hast to pay his ex to take care of his kids and his company. His employees have to be paid so he lives off of millions of dollars in cash that’s why he’s stealing money from people late at night in the coin for his own self. Don’t trust him don’t give me your money whoever you are.

[@duprog]

I like the part where he came to start college with only $2000 ( It use to be $10 but with inflation, the story is the same ) and then when he needed more he just tap his fathers fortune. It always make for a better story when you start from nothing. Just like all other self made billionaires, it doesn't do you any good to look to far behind the official story.

[@michaelcaspi6476]

not truth. as Elon musk well aware his life will end way before connecting the dots : that most of his investment and super hard work will show any final outcome or as claims like you fall to see rather sad how such amazing picture ppl missing so much when all they can see is the frame only and massing with such tiny cognitive narrow thinking bigger picture and you focus over shape of outside frame wen long after he die - will be only the beginning GUYSthanksdocthanksdocthanksdocthanksdoc

[@davidgoosen1633]

Yeah same story Trump told another lie

[@foxymetroid]

Some companies "start out" in a garage not because it's cheaper or easier, but because they know it makes for better PR.

[@cynthiahutchins5790]

It reminds of one interview of a millionaire (the story is from many years back when being a “millionaire” was a big deal) when asked where he made his first million…….the answer……in- heritance. At least he was honest.

[@lukazupie7220]

@duprog may i ask how do you know that? What is your source? Can you give us any more details? How much money? When?

[@smileandlaughs]

What's unfair is Tesla wasn't built by Musk but his engineers. Unfortunately they will never get the recognition.

[@richardscathouse]

Kinda like Tesla himself. Westinghouse stole him blind and dumped him on the streets 😮

[@Shiftheads]

I mean they actually do get recognition and have been on several interviews as a group of engineers. Same with spacex. I don't see gm, bmw, Ford engineers sitting for interviews and talking about how they developed different parts of the car. Nor do I see any of their CEOs sleeping on the floor and changing the assembly line based on what they see.

[@CJ-xg4wl]

How the heck they got Tesla papers and documents ? he got millions in subs for Tesla see why he left California man is just a crook like DT

[@fcog9525]

And they are very rich actually, but that doesn't seem to matter...

[@andyhughes1776]

Without Musk's direction, the engineers can't do shit!

[@zackthomas1031]

This "good billionaire" grift is the oldest trick in the book. He has a very hard working PR team and a lot of people are gullible enough to eat it right up like good little sheeple.

[@digital.frenchy]

Can see you really know the guy... lol

[@SeanMetellus]

@@digital.frenchy on he said PR team 😂… Elon is famously known not to have a PR team, lobbyists or advertising. He is all of those in 1

[@createusername6421]

@@SeanMetellus Yeah.. right you can't possibly shell out all this bs without a few shills

[@aalvarez2914]

@@SeanMetellus doubtful. He lies a lot, so why would you believe a claim that he doesn’t have a PR team? He’s sure managed to rewrite history, and his money talks.

[@kevinfinnegan310]

I bought it until two years ago… I’m guilty of being Sheeple on this one

[@johnwright9372]

All billionnaires make their wealth on the backs of others.

[@velocityacoustics]

Free hand outs from the government and taxpayers money. Our money went to make him rich, if you think that's ok.

[@hermanshim8948]

But not all billionaires lie about it.

[@vorpalinferno9711]

Stop discrediting an African persons talent.

[@AlexdaCunha]

That's not fair! Elon's fortune is entirely based on the BS he is selling

[@sdd6528]

Strange how Elon timed his move out of South Africa with the age of mandatory service in the military. It is almost as if Elon was dodging the draft just like rich people here did during the Vietnam War....

[@bwm_72]

@@GeraintDafis You're missing the point. Rich people have the privilege to do so. Few others have that luxury- and the rich and privileged will again benefit on the backs of those who fight the wars, do the hard work, and the heavy lifting.

[@bobfg3130]

Right.

[@sdd6528]

@@GeraintDafis But does draft dodging fit his narrative or is it just another lie in his story?

[@lucasgrey9794]

Draft dodging is good actually. I've more respect for draft dodgers of Vietnam, Korean War and WW2 than the shitheads who agreed to kill for Wallstreet and City of London. Musk is a con artist though.

[@ali_kazmi]

He said he did so intentionally because he didn't want to spend two years oppressing black people: kzbin.info4m4Y-zxGluU

[@JeiBeeBee]

Musk, above all, is a performer. He plays this “nice pal to have a beer with and happens to be a visionary” role almost to perfection. That’s how I always saw him: a performer focused on his own image; practically no credit to all the others he needs for doing the actual job.

[@williamcook1342]

So you NEVER listen to his presentations at the various gigafactories, where he praises his employees to the skies?

[@stephenmoore1541]

@@williamcook1342 did you not see how he's fired a ton of people recently or how despite his black employees being the targets of harassment and hate crimes, he did nothing to stop them. Not even a company memo. Considering he grew up in South Africa during Apartheid, was born into wealth thanks to his dad's emerald mine. He wants to sell this image of "I'm just like you, except I did it. I became a billionaire." When he is nothing like normal people. He's nothing but a racist con artist. The most successful con artist in the world, but that's like being the best smelling pile of crap in the world.

[@bazzfromthebackground3696]

@@williamcook1342 It's really easy to stand in front of a podium and say that you provide for your workers. The information however says otherwise. While he talks a good game, he doesn't actually show any appreciation for his workers.

[@OriginBullet]

​@@williamcook1342Why are you boot licking so hard? It baffles me how people are so easily fooled into thinking Elon is smart.

[@stuiley424]

Real life Tony Stark.

[@nightowl6260]

The U.S gave him grant money -- no strings attached. Every taxpayer should be getting money back.

[@zenboy1612]

It’s all corruption, the corporations and the politicians are the same class

[@nth7273]

especially from GM and Chrysler.

[@lorrainemarez9965]

Totally agree….. As Shareholders! 💰

[@coryturke7336]

Tesla paid every cent back, with interest. This video is ridiculous, and a hit piece like all other media looking to shut down an individual that has created electric transportation, reusable rockets, put American astronauts on ISS without having to catch a ride on a Russian rocket, which the states has had to do now for decades, is boring tunnels to alleviate life sucking traffic, developing technology to help people walk again, see again, hear again and get their lives back. Oh, and that whole multiplanetary species thing. You know, no biggie. Here is the guy who started a handful of companies that are collectively trying to pay gunshot forward to a better place, and everyone is sh!tting on the only places not corrupt to their core that are trying to DESTROY your country! I've always known the effects of propaganda given the resign of Hitler, Stalin, et al, but to watch it happen in my lifetime, in real-time, right in front of me, is mortifying to the core. You know how you all say, and agree, that the government can't be trusted, and how they're out to make your life worse? Well why do you think they're putting out an ENDLESS barrage of negativity about someone actually trying to DO something about it? Elon has been tapped to lead the Department of Government Efficiency. Do you even know what that means!? It's the VERY thing that's going to make your life, and the country, what it CAN be. Please, for the love of all things wonderful, look at how many industries, including government, are being disrupted by Elon and Co. and ask yourself why there's such a huge target on him. This is NOT the time to not think. You MUST look at the ACTUAL truth. It's so important right now. Please. I'm begging you to look. Your country is about to be destroyed, and you can't even see it. If north America is destroyed, the world is destroyed. And it will be too late by the time you realize what you just did by being ignorant, and then you'll live in a hell on earth.

[@bdml77]

💯

[@jasonjacksn]

Can't skip the fact that he grew up in a very affluent childhood. Or that Zip2 founding team included to expreinced business men with connections to his dad. Also people ignore his mothers weath as her family was also very wealthy.

[@drwalka10]

U reek of envy and jealousy

[@jasonjacksn]

@@drwalka10 I reek of Polo blue jeans

[@jonjeskie5234]

@@jasonjacksn she was not that wealthy. Nor was the father. They had money yes, but they were far from billionaires like what Elon became. If anything the affluent culture he was exposed to, contributed more to his success then the cash itself.

[@jasonjacksn]

@@jonjeskie5234 show me where I said they were billionaires? And I also mentioned his fathers connections but I guess you ignored that part. His dad had the biggest house in the most expensive area in S Africa so he was still rich

[@jonjeskie5234]

@@jasonjacksn the point is that it's still a pretty far leap to go from where he started to where he is now. There are plenty of "affluent" kids who never see 1/100th of his success... in fact most don't.

[@merryhunt9153]

I've been skeptical for a long time that a person can be a billionaire. If a billionaire's wealth is based on shaky corporations, family businesses and un-transparent partnerships, his net worth may look good on paper, but if he tried to sell it all and get real money, the worth will plummet.

[@luckydannumber2]

You and I are both thinking incorrectly, I'm just a guilty as you for doing this but you just said it. Rich people have a different concept on how to use money. That saving money as money is true wealth this isn't correct. If you take money out of the system you are rich and the worth will plummet but that just money, it would never increase or decrease in worth. That billion dollars you have in actual money will be a billion dollar 100 years later and that's why we are thinking incorrectly in this. If you tie it up in stocks or products, it's still money but it can increase or decrease depending on the stocks and the dividends will eventually make you money. It's the same think what Elon is doing but in companies instead. Take a really poor example logan paul and pokemon cards they were worth say $100 dollars and then Logan pushed it out to $1000 dollars making it 10 times the worth sure you got to find someone to buy it and transfer it into stocks or actual money but that's where the value changes in assets.

[@lesp315]

So what? He will still have 1000000x more than you. Assuming you have a $1000 to your name.

[@6mtcruiser]

wow, it’s almost as if net worth is the accumulation of value of someone’s assets and investments, and not how much money they have…😐

[@SRMoore1178]

@@lesp315 LOL... Look, one of Elon's simps.

[@garethbaus5471]

You mean that you don't think a person can ethically earn enough money and influence to become a billionaire, but plenty of people actually can access that value in liquid assets. Elon Musk definitely isn't the richest person by the amount of liquidity he can access (he probably isn't even the richest by net worth if you include people who actually try to hide their wealth or people who effectively own countries) but he definitely can turn a large chunk of his net worth into liquid assets fairly quickly.

[@God_is_love_believe]

It is outrageous that people get away with this level of deception.

[@richardscathouse]

People are so stupid these days.

[@serafinacosta7118]

There aes plenty out there. 😊 Bernie Madoff did far worse. They are out there.

[@patriciaherlevi6217]

It's because people see only what they want to see and worship the guy. I find it disturbing that so many people worship billionaires who are not trustworthy.

[@JayDee-b5u]

The only conclusion I can come to is that the gov is in on it. They keep propping him up with dollars and closing eyes to obviously shady/illegal wrongdoing, the news idolizes him him some more etc.

[@silentgreen0058]

Welcome to the era of social media…truth?…who’s truth?

[@glenbateman5960]

Given what he's been doing with Twitter, I am forced to conclude a large portion of his wealth has been amassed by simply never paying a bill. You'd be surprised what being a deadbeat can do for your finances.

[@wvu05]

Hearing this, I can't help but think that the biggest parallel to Elon Musk is Ray Kroc, especially insisting on being called "the founder" of a company other people built and eventually pushing out the actual founders. As much as he talks about wanting to be this futuristic visionary, I wonder if he got a copy of a book about McDonald's and decided to copy that method.

[@sk-sm9sh]

Watching McDonald movie on netflix I must agree that he was much more the founder than the original 2 guys who apart from founding a single restaurant had management style that would simply not scale beyond their one single restaurant. Being engineer myself I don't have problem with it. Engineer is hardly ever a perfect founder. A good manager more often is. And great engineers usually know it. It's typically only bad engineers or low level average joe workers who envy succesful managerial founders who take their idea and manage to upscale it. It's Ray Kroc who made McDonald's into millionaires - without him - they'd be failed businessmen struggling to pay hospital debts.

[@barbarjinx3802]

Tell us what those “founders” ever did after mean Elon forced them out and turned it into the biggest car company in the history of the world?

[@barbarjinx3802]

@@The_Real_Grand_Nagus uh they didn’t “invent the Roadster.” I’ve been invested in tesla long before you ever heard of Elon musk or tesla. In fact they invented nothing and contributed nothing other than the original pre-Tesla proof of concept vehicle. One of us made millions off our knowledge of what’s actually happening at tesla. How much you want to bet that person is you? I wouldn’t bet on it personally only because I know better. Before this twitter nonsense my $400k investment had an u realized gain of $5m. Even though it’s down a lot this year I’m still up more than you ever will be, because you believe fake news. Move along child.

[@barbarjinx3802]

@@The_Real_Grand_Nagus ok.

[@h.u.schubert3740]

@@barbarjinx3802 - watch the video again and again, until you get it: Elon Musk does nothing but total self-promoting on the propaganda circuit - NOTHING of real value. An evil asshole as so many employees can attest to. Maybe you will get it one day...

[@NankitaBR]

As someone that is from a country less developed than the US, when I saw Elon say that he went to the US with just his ticket and 2000 dollars my question is: where did this money come from? I know I could never afford a ticket to the US and an extra 2000 dollars on my pocket when I was fresh out of high-school, even of I had worked my a** off, so where did his money come from? How can we know it didn't come from his dad? Also, growing up with money already changed his life, he definitely wouldn't be able to do 1/10 of all the things he did if he hadn't grown up rich. I know my parents were not rich, but the fact we were at least middle class and my parents lived in a house owned by my grandparents (aka, no rent) and were therefore able to afford good private schools for me and my sister gave us both opportunities and knowledge we definitely wouldn't have if our parents had to pay rent and we had to go to a public school or even a worse private school. I know that for a fact because some of my friends that lived nearby were not so lucky and now we are in completely different positions in life today, even though we literally lived in the exact same apartment (the buildings were exactly the same, and so were all the apartments).

[@neb6304]

I dont know where you come from, but here in germany you can collect 2k Dollars easily in 4 months as a Student, not even working full time...

[@NankitaBR]

@@neb6304 In a developed country yeah, I live in the South of the world, just like Elon did. Edit: Specially because all of the money from everywhere but the EU and Britain is worth less than the dollar, so to get 2k in dollars I need to make 5x times that in my currency, just like in most countries in the South too, including South Africa (actually, in most countries it is even worse than that, my countryis one of themost developed in the South)

[@neb6304]

@@NankitaBR oh, i have always thought that south africas income levels were very comparable to european ones, appearently im wrong, i apologize

[@SgtLion]

Of course it was. His company funding came from his Dad, his jobs were secured by his Dad, he only got anywhere because he worked with contacts of his Dad. I daresay the pompousness that comes from owning an apartheid mine taught him how to gloat to investors too.

[@kappadarwin9476]

@@SgtLion Yeah he tries to down play generational wealth because he knew how bad it would make him look. To acknowledge that he came from wealth would break the illusion that he has been trying to craft for himself and other billionaires.

[@lewislee9201]

So Elon Musk hasn't actually made any money? His income is from US government grants and investors. Wow! Thanks for this video. Subscribed!

[@arianitonline8748]

if you want more details, go on this youtube channel "common sense skeptic"

[@markthomas7279]

You mean he's not a billionaire at all????

[@markthomas7279]

This is libelous rubbish!!! You are a shameless shill!

[@FULGURAZ]

That's how money works in this system that's why the rich don't pay tax they don't get paid all the money stays revolving and growing and they get loans to buy things 💯

[@FULGURAZ]

That's why it takes money to make money 💰

[@bera0014]

I can't get my head around how people think that a billionaire cares for anyone else other than themselves.

[@barbarjinx3802]

That’s because you choose to be close minded. It’s not elons fault he knows how to build profitable businesses with unimaginable potential. It’s your fault you refuse to see it.

[@Brandon_388]

Elon is amazing

[@danieltodorov7753]

@@Brandon_388 No he isn't, not even slightly.

[@b.c.4902]

​@@Brandon_388an amazing douche is what he is

[@juandoe2696]

I guess what P.T. Barnum said still holds true "no one ever lost money overestimating the intelligence of the American public".

[@BillOweninOttawa]

Musk is a direct spiritual descendent of Barnum.

[@danceswithstone]

@@xyz12345457 That was H.L. Mencken, Barnum's quote must be one of those lesser known quotes🙄

[@briankoller2750]

@@danceswithstone Barnum's famous quote (relevent to the discussion) was "A sucker is born every minute." Barnum owned a museum of human freaks promoted with lies about their past and their afflictions.

[@robinkelly1770]

@@xyz12345457 came here to correct that lol

[@drmobiusmedical]

He said “a sucker is born every minute.”’ You’re quote is ass backwards. Read a book.

[@Jw-un8oh]

I was an autopilot tester at Tesla and was fired less than a month after whistleblowing the lack of safety for the public while testing on public roads.

[@b.c.4902]

Thanks for bringing it up!!!!!!!!!!

[@josephcafariello365]

Musk is completely in love with himself. He hires writers to write books about how brilliant he is. He hires Joe Rogan to interview people who praise Musk as "the next step in human evolution". (Yeah, that's exactly how Joe Rogan described Musk.) Musk pays for all of these glowing accolades, projecting an image of himself as some super genious. Remember his supposed design for a travel tube for cars in California? He claimed to have invented the idea of travel tubes, even though they were depicted in science fiction TV shows like Buck Rogers decades ago. Musk hides how his father pulled strings for him, helping him meet with high-power and influencial people. Then he claims he did all these things all by himself. Musk is just full of himself.

[@genericamerican7574]

The tube was supposed to be in Las Vegas, Nevada. There was a great movie called Logan’s Run with a tube transport in it. They even had a strange LE chase scene with it. Great sci-fi movie 🍿

[@halbellows8578]

The real Tesla would be turning in his grave over the crap Elon builds, nothing like Nikola Tesla's vision and life's work as far as I can tell. All Elon doe's is what all ego maniacs do - regurgitate the same shit over and over in a different disguise and surround themselves with people that love to stroke their ego's.

[@dontbugme7362]

Maybe so. But is it a coincidence that once Elon announced the purchase of Twadder that these “truth about Elon” exposes started popping up?

[@delpierok2011]

And so what?

[@brianallen2392]

Sounds like Trump. lol

[@classwarhooligan923]

Every billionaire has similar myths

[@gosubob1944]

NAHHHH!!! Look at Warren Buffett and Bezos. There are so many GOOD billionaires out there

[@bwm_72]

@@gosubob1944 "Bezos" /s

[@lorina8699]

@@gosubob1944 Not one.

[@voldibayizitunda2178]

@@lorina8699 There are billionaires out there or at least a billionaire. Its just that the majority of them are money hungry and enjoy admiration

[@lorina8699]

@@voldibayizitunda2178 I don't admire billionaires.

[@Toddzmom01]

Something about Musk makes my skin crawl, my gut says "if you ever meet him, don't trust him".. Same feeling I get with Zuckerberg.. Ugh.. Just ugh.

[@Soulrollsdeep]

Yes, and there's nothing quite like spending your life going off feelings and emotions, eh? Ever thought the people behind this channel have a vested interest in knocking his public image? Much like the government do now that he's snatched away their overly large sounding board? Stop falling for the first thing you see.

[@republica7337]

@@Soulrollsdeep so the only thing we should know is how super amazing he is. The real facts are irrelevant. Not buying the cult of personality business.

[@monikacognomen1096]

They ain't human. Probably androids. Like they told us in the Terminator movie, you can tell them by their skin. I'd like to see how dogs react to them, probably similar to you but they wouldn't doubt their instincts and go for the throat.

[@carolhart9812]

Me too!!!!

[@chironjo]

News out are about how he is pushing for a more productive and efficient Twitter, essentially harassing and rolling over employees in the process. Assuming these are not fake news, he is as despicable as they say he is. Probably his knowledge and intentions are as fake as his hair.

[@mrvizcarrondo]

this was two years ago. crazy how he is worse now and richer still.

[@Mixamaka]

Buying twitter is the worst decision he made in his career. Now people who didn't really care about him and his "image" are focusing on him and realize he is far from being the genius he's been portrayed as.

[@MinusEighty]

Worst take possible. He is going to make Twitter into Facebook, Twitter, Netflix, and KZbin combined. Watch and learn. This video is a hit piece on Musk. It is bizarre that everyone is going after him.

[@Sovvyy]

​@@MinusEighty It makes perfect sense if you acknowledge Musk is an egotist and compulsive lier who's identity is entirely fabricated. Giving someone like him one of the world's largest social media platforms which he uses as a church to pontificate to his disciples, is a bad idea . He's becoming increasingly overconfident and sloppy, and as a result his mask is slipping. Honestly, if he was as omniscient as he probably believes himself to be, then he would realise that his narcissistic personality is a ticking time bomb - the only thing people like more than the rags-to-riches story his pushes, is watching the ultrarich crash and burn - it's Common Sense.

[@MinusEighty]

@@Sovvyy You sound brainwashed.

[@Sovvyy]

@@MinusEighty Alternatively, if you have to undermine the person behind the comment rather than the comment it's self, then you're probably not in a position to judge cogntive integrity.

[@MinusEighty]

@@Sovvyy yawn and zzzzzzzzzzzzzzzz

[@DCMarvelMultiverse]

The secret to one's success is that one's success story is pure fiction - Culver Nile

[@black_sheep_nation]

The irony of the man who names his company after the man who died penniless from having all his inventions and ideas stolen from him, particularly by Thomas Edison.

[@lancesabin4114]

Yes, the name comes from an absolute genius! Iam a huge fan of N Tesla, I’ve studied him & have read or watched anything I can find on him. The greed of the people that stole from him is unforgivable. N Tesla wanted everyone to have free energy & basically all of his great ground breaking ideas! N Tesla was far from greedy & taken Advantage of. Imagine how different the world would be if he had been able to share his ideas? The problem was greedy people couldn’t find a way to make money with N Tesla’s ideas, he wanted everyone to have them for free. Greed & Power runs the world! What a shame???

[@lancesabin4114]

N Tesla~

[@lancesabin4114]

N Tesla

[@lancesabin4114]

Strange how I wrote his name 2 more times to get it to say replies yet it doesn’t???

[@zenboy1612]

Capitalism summed up

[@angryhairpeice]

He started off with $2k like Trump started off with "...a small loan of $1m".

[@Not_Always]

And then later an inheritance of $300 million

[@arizonanative7409]

Bingo! Both men are narcissists.

[@waterwomaninFL]

Great analogy!

[@kenwhite6449]

@@Not_Always 413 million was what he inherited

[@princequestly2218]

Yeah exactly. Him and his brother come from very wealthy family. They had plenty of investors between his family and his family’s connections. They act like he just with some random person that knew nobody with no cash and just went out there and pulled up is bootstraps and became a billionaire from nothing. It sounds good, but it’s just not true, at all 😂😂

[@sritter66]

Remnds me of how Ray Kroc called himself the "founder" of McDonalds.

[@UnrelatedAntonym]

Elon: "I'm the real life Ironman." Reality: "Nope, you're Phony Stark."

[@piotrd.4850]

Justin Hammer - after all SpaceX played Hammer Industries in Iron Man 2.

[@shefalichandra8625]

😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂 This should be pinned! 😂

[@kennethkossan5547]

Thunderf00t has been covering Elon Musk in-depth for years. I'm glad you're finally getting on board.

[@pw6002]

I'm curious what Thunderfoot's opinion on Musk is today, now that they are both openly right-wing.

[@jaredoliver8684]

'He likes the politicians willing to support his myth and let him continue building wealth at the expense of the rest of us. He isn't the only billionaire doing this, but his skill at myth-building and his massive popularity make him the most dangerous' - JT Chapman for More Perfect Union

[@noahof-stuff9151]

Can you please explain how Musk building wealth is done at the expense of the rest of us.

[@romeosarmiento6333]

Are you envious? Just want to invite attention to your channel.

[@pedroohm5115]

@@noahof-stuff9151 billionaires break the laws of decency even while obeying the letter. Having that much by definition is criminal. The rich get richer and the poor get poorer. This is the direct cause of the corruption, greed and exploitation by the rich. Not saying all rich are bad people but as a class they're the oppressers of the poor.

[@noahof-stuff9151]

@@pedroohm5115 Pedro, dear Pedro, please explain to me how rich people break the law while obeying it? If rich people can achieve this remarkable feat, I'd imagine that poor people would also work out a way to break the law without actually breaking any laws. For me this is simply mind boggling. We humans certainly are a creative bunch. The truth is that we are ruled by, not laws but nature. Let me explain as this is also cosmic in its scope. Nature has a habit of organising itself. Organising itself into pyramid like structures with the most successful on top and the least on the bottom, some will even become extinct. Mathematicians have a name for this and it is repeated in everything, everywhere. From memory it's known as the 28 rule or something along those lines. Look it up if you want to know more. So it doesn't matter what society you live in or the generosity of your government, you will always face the same challenges. By your definition the rich are corrupt, greedy and exploitative when in reality it is just nature waving her hand. I should also point out that any wealthy people I know or have met are polite, courteous and helpful. They have also worked very hard to get what they have. I mean like working 14 hour+ days for 8,9 months or more without a single day off. This is a feat that I feel would be lost on you. You would probably prefer to spend your time complaining about the wrongs of this world. Some people get up and make the changes they want for themselves in this world but your not one of them. Prove me wrong !

[@pedroohm5115]

@@noahof-stuff9151 it's kinda simple, power makes the law and money is power. The rich manipulate the law in their favour. But maybe it's like you say. It's human nature, you can come up with any kind of social and economic system but man will always corrupt it. We're doomed to collapse.

[@ShirleyTimple]

Become rich? You mean other than being born into a south African blood emerald family?

[@theburnix]

Blood emeralds

[@salender4683]

@@theburnix darn I was about to say it

[@ShirleyTimple]

@@theburnix my fault, good catch👍

[@DaveCM]

He also wants an end to tax credits for EVs. He loved them while Tesla still qualified, but now that they sold too many cars, he wants the program to end. Proof he doesn't care about "saving the world". He only cares about himself. He is such a good hype man. He comes up with, and touts, completely stupid ideas like the Hyper Loop and other things in an effort to maintain publicity and maintain the cult of personality that surrounds him. That keeps investors rolling in. As for him taking loans against his stocks, that is actually smart. He can take out very low interest loans on the stock and pay less for the money than if he sells the stock.

[@AllenGraetz]

The point of those credits was to jump start the industry. That's been accomplished.

[@ws6002]

The EV subsidies should have been $4K a vehicle instead of $7K and no expiration date. Pulling companies up just to throw them against the rocks after they make 200,000 cars doesn't seem like a good idea.

[@MrArtist7777]

@@AllenGraetz Just like the permanent 20% tax credits the fossil fuel industry gets? Yes, the tax credit were meant to jump start and transition to EV's, which still has a long way to go.

[@AllenGraetz]

@@MrArtist7777 any perception of "permanent 20% tax credits" for the fossil fuel industry is purely a mistake on your part.

[@jimroth7927]

Elon is right (as usual). It is true that Tesla cars do not get the EV subsidy, since that subsidy only applies to the first 250,000 electric cars a company sells and Tesla passed that number years ago. However, demand for electric cars is already beyond what manufacturers can produce, so no need for subsidies to increase demand. Better for subsidies to go toward household solar panels or improvements to insulation, installation of heat pumps, etc. Regarding loans against stock to avoid taxes... Elon actually sold a lot of stock last year and the profits are fully taxable. His income tax bill for 2021 will be more than 11 billion dollars (that is 11 thousand million dollars), making him the biggest taxpayer in history.

[@Thinkcrown]

“[I didn’t get any emerald mine money from my father]” jump to first business, “[I got 20,000$ investment from my father]” Okay dude. Apparently he also went to a local uni in SA for 5 months specifically to get out of SA mandatory military service-something we’d all do if we had the choice, but we don’t.

[@TheDarthbinky]

Yeah, same guy who somehow had hundreds of thousands of dollars in school debt even though if you look at the university's tuition rates and whatnot for that time period, there's no way he possibly had that much in school debt. Not to mention his mom literally bought him a house that he used as an illegal party house (what's that you ask? Did he charge cover? Yes, yes he did.)

[@lmp9256]

So not to serve in the army for an apartheid government, but the full of hate nasty lying Dumbocrats are never going to mention that bit.

[@lanialbin3860]

Dems trying to badmouth Musk...we have been expecting this...how much $ buys you?

[@briankoller2750]

Reminiscent of George W. Bush using his powerful family's influence to attain a no-show stint in the National Guard to avoid the draft during the Vietnam War.

[@pysq8]

1:36 it was 200k

[@sweatsucks7719]

"when I was in college there were 3 areas I thought would most effect the future of humanity, food, air, and shelter" - Elon

[@jakef-w8293]

By effect he obviously means 'crutial'

[@manholeeunuchsbane6197]

When you inherit an emerald mine you're not self-made. The guy has made a ton of money investing well. I'll give him that, but he was born on third base, no doubt.

[@theelectricprince8231]

🤣🤣🤣🤣 he has not even done that

[@DoremiFasolatido1979]

The general concept of investment is legitimate...but nothing about modern stock trading, hedge funds, or similar financial schemes...has anything at all to do with legitimate investment. Likewise, interest doesn't accrue the way many banks utilize it. All of it is a collection of Ponzi schemes, Pyramid schemes, and 3-Card Monte. Musk "made" no money at all. He just scams a lot of people out of it. It's no different to praise him for that than it would be to praise a burglar or bank robber.

[@page8301]

The guy has dozens of failed projects. All he does is throwing shit at the wall and hopes something will stick. He is living in govermental handouts, in other words money from people who actually work instead of accusing others of being a pedo on Twitter, and the gullibility of hundreds of millions of fools simping for him.

[@LiveType]

Elon is an incredible business man plain and simple. Saying he's anything other than that is deceiving. Tesla is built off of engineers (lots of young engineers) and manufacturing experts putting in 60-80 hour work weeks non-stop. That's the secret. It's a grueling place to work, but the results are undeniable. I guess in 10 years the novelty will wear off as the as Tesla cars are still pretty rare at the moment.

[@manholeeunuchsbane6197]

@@LiveType -He didn't create that company, he bought it.

[@lapislazarus8899]

Excellent. I can't believe it took me so long to see this. Muskrat is absolutely a textbook narcissist.

[@b.c.4902]

Yes!!

[@dwaynesbadchemicals]

This guy could’ve went Willy Wonka. Instead he chose Snidely Whiplash.

[@ghostrider2664]

I am an Uber driver in Austin, Texas. I ferry a ton of workers to and from the Tesla plant out by the airport here on a daily basis. I can attest that from my conversations with them, I've found that every single one of them to be unhappy working there, some working in spaces with no electricity, heat, AC or water. When asked if they are treated well in any way, I repeated get a one word answer. "No." Furthermore, when they talk about the product, they say that the outlook for the company cannot be good, as the cars have "LOTS of problems that cannot be fixed. Yet they are expected to come up with either bogus fixes or short term solutions just to get the cars produced and sold to suckers who are willing to buy into the Musk cult of personality, which is what the company truly is in its entirety. I would also like to mention my own experience, or, I should say Austin's experience with Musk. when it was announced that the plant would be built in Austin, it was front Page News that must would be bringing 10,000 jobs to the area. This was believed. And he did bring 10,000 jobs to the area. But those jobs were already filled by other people who he just transplanted here. Good for the housing market, didn't make a difference anywhere else other than to make traffic worse in and around the airport and basically all over town. I'm not sure a single person from the Austin local area was hired to work at Tesla. The developers and the software people who are already here didn't want to go to work for him because he capped salaries at too low a ceiling for their liking. So, they didn't get jobs with him either. You overhear alot of conversations as an Uber driver. I hold the knowledge. When I started driving the route, I was shocked to hear what these people, hired from around the world on a contract basis, had to say. Now, it's clear to me that Tesla is not really a company, but rather an elaborate scam who's time is limited. I just wonder when the house of cards will fall.

[@badjohn7048]

So you are personally doing well ferrying Tesla workers to work and back every day. You should be pretty happy about that.

[@TheEdward39]

He claimed the emerald mine never existed, but his father then said something along the lines of "I don't know why he says that, when it did". His story is murky at best

[@andynarain672]

Elon the Con. There needs to be a part 2 of this.

[@Halostalkerx]

Yea about your mom.

[@bccsivxx-xxivvii]

Check out the channel Common Sense Skeptic. It takes a deep deep dive in great detail.

[@xaza8uhitra4]

@@bccsivxx-xxivvii thanks for the recommendation!!!!

[@ogzombieblunt4626]

@@bccsivxx-xxivvii Unfortunately he and Tf00t leave out a lot of context and are not economically literate. For example in skeptics video he says solar roofs will take 80 years to repay the full cost, which is misleading because consumers will look at the time till it reaches equillibrium with competing products (which would be around 30 years). Also off the top of my head they both reported that tesla scammed california out of tax credits for their battery swap station when that never happened. Yeah they get quite a bit wrong, its almost like people who don't understand econ have something against billionaires.

[@lmp9256]

@@ogzombieblunt4626 He leaves out the bits that don't suit his lies and adds more lies to further suit his lies.

[@TomRivieremusic]

“The comfort of the rich depends upon an abundant supply of the poor” Voltaire._

[@godsentjesustosetusallfree9859]

And who's fault is that?

[@nephatoliech5601]

I was innitially confused at how Elon would support Donal! now it makes sense! Birds of a feather flock together! Thank you for this expose!

[@talkingheadzzz2449]

Intelligent conversations. This is great reporting. You guys do such a great job!!

[@tracyhaverstick5672]

😆 🤣 😂 😹

[@JeriDro]

I really don't understand why we keep idolizing people.

[@karenrobinson7523]

Right

[@nealkonneker6084]

Clearly Eberhard was the engineering genius and moving force behind Tesla as evidenced by the highly successful EV company he started after parting ways with Musk.

[@kylereese4822]

The tzero(launced in 1997 only 1 of 3 remain) is a handmade electric sports car designed and built in very limited numbers by the U.S. company AC Propulsion in the early 2000s. It was the direct predecessor of the Tesla line of electric cars. Was used by Martin Eberhard and Marc Tarpenning (NOT THERE OWN CAR ).... Tesla was incorporated in July 2003 by Martin Eberhard and Marc Tarpenning as Tesla Motors. In February 2004, via a $6.5 million investment, Elon Musk became the largest shareholder of the company. He has served as CEO since 2008.

[@BullwinkleFFMn]

"The overwhelming focus is solving for self-driving. That's really the difference between Tesla being worth a lot of money and being worth basically zero". The scary thing I wonder about is how many more companies on the stock market are also so absurdly over valued?

[@theelectricprince8231]

AĹL OF THEM!

[@rubemsuzuki9467]

That's the difference between price and value

[@mpeppermint23]

More than you think!

[@moalston4203]

Time is more valuable than money Yet we value money more

[@staC-wh6ik]

Basically another billionaire charlatan that somehow managed to become more popular than others just because he mixed nerdy scific stuff with memes.

[@ktmggg]

My last boyfriend was an Elon fanboy. He even ordered a Model 3...which took 3 years to deliver. And when ex-bf got the car he was so severely underwhelmed he went back to driving his Nissan Leaf and unloaded the Tesla on another fanboy.

[@BruceWaynesaysLandBack]

Awesome crossover. SecondThought and More Perfect Union. May there be more to come

[@ChristopherRadoff]

They better start putting Elon's name in the title of more videos of they are going to succeed. 57k views on this one compared to an average of 4.5k views. LOL

[@pattygould8240]

@@ChristopherRadoffthey may have a different idea of what success entails.

[@rign_]

There's no such thing as good billionaire. All billionaires have the same goal, maintaining their wealth. With additional side quests like charity.

[@frederickfernandez787]

He’s just a hyped business man getting credit from others ideas and efforts, just like the orange con man…

[@petermureria2942]

I'm glad that someone finally got courageous enough to talk about Musk's other side, well I like him but always had a feeling that there's more to his story he tells Big ups for the video

[@seanburton5298]

A guy who smokes a blunt on a podcast is going to have psychopathic tendencies. A person has to have some amount of psychopathy to do the kinds of things he does. Ketamine keeps him even keeled, in my opinion. Maybe Marijuana makes his ability to think cloudy that is where the Ketamine comes in?

[@jmitterii2]

Another side to him? Like he's almost a total fraud case?

[@brandonjoseph3422]

“If you want to be a success in the world, promise everything, deliver nothing” - Napoleon Bonaparte

[@8lec_R]

Nah it goes like that "reinvent trains a 100 different ways, then promise to bring them, deliver nothing"

[@thebiggesthatersinworld]

So theranos and teslabot

[@janeayre96]

Can we just break open where Elons family got wealthy? His family got wealthy in the blood soaked, apartheid, South African emerald mines.

[@olafnilsen1641]

No emeralds in south africa

[@janeayre96]

@@olafnilsen1641 yeah, right. The earth is flat too, right?

[@olafnilsen1641]

@@janeayre96 no emeralds In south africa and yes the earth is a globe orbiting the sun

[@janeayre96]

@@olafnilsen1641. Yeah. There are. Google it, mouth breather.

[@spiralviper8158]

"Most of the trouble in the world is caused by people wanting to be important." - T.S. Eliot

[@jamesthewiidict]

90s Elon Musk: "We will hire more people" 2020s Elon Musk "We will fire more people"

[@SirBlackReeds]

Why do you insist on pretending that Twitter wasn't full of incompetent personnel?

[@whyhellotherestranger]

Imagine admitting you work 4 hours a week and still expecting to have a job when the boss finds out

[@Wladislav]

Can't wait for the Peter Thiel episode. That one should be a doozy!

[@KraytTheGreat]

Well.. there is German comedian who made a really good video about Thiel. And it got English subtitles: kzbin.info/www/bejne/iXy8ZqOFmKqharc

[@phiksit]

And I see it's just been posted. Here we go!

[@BrutalSnuggles]

Buying better people's ideas has been a lucrative prospect since people have been monetizing ideas

[@avamasquerade]

It's not lost on me what Edison did to Tesla. It's fairly obvious who is the former and who is the latter in this modern day reenactment. I just don't understand why it's deemed necessary to destroy the mark *every single time*

[@Loner-Wolf]

'The fraudster's greatest liability is the certainty that the fraud is too clever to be detected' Louise J. Freeh

[@chemps5670]

Son in short... Elon Musk is The Wizard of Oz

[@nineteenfortyeight6762]

The balloon worked though

[@chemps5670]

@@nineteenfortyeight6762 It only helped himself tho 😢

[@mmckenzie8085]

Excellent summation. You really just in such a clear succinct way confirmed my thoughts on the history of this person. It is amazing though that so many are in his fan club and blindly fall for his own hype show. That is what makes him gangerous.

[@ashuranero5721]

Yes he is really GANGEROUS

[@SRMoore1178]

@@ashuranero5721 Elon's part of a dangerous street gang. The word on the "streets" for that is GANGEROUS.

[@puppylove3781]

Maybe they are only 13 and do not know any better. I would bet they are idiot children, Nothing less. If older than that, there is no excuse for their stupidity.

[@IonorRea]

Creating a story about the company's mission to save humanity in one way or another and a cult of personality around the CEO whatever in form of a self-made millionaire/visionary genius is pretty much a stablemate of the Silicon money start-ups, and these techniques how to generate hype necessary to lure more investors are common practices that are being thought in Silicon Valley by couches for start-ups in a same manner as Boy Scouts are trained in preparedness. There is a documentary series called "Inside Man" with the episode "Disruptors" that will introduce you to ways in which new tech start-ups are operating if interested. So, Elon is not doing anything that other start-ups also aren't doing, but he got a lot of hate recently for not delivering on promises once people realized that the promise of Full Self-Driving was a scam that cannot be realized with current hardware just with software updates in a way that get approval for all-weather use by the government (unless heavily corrupted), thus current users are at best beta testers paying for a privilege to help Elon create future cars which will achieve what was promised to Tesla owners a decade ago at their expense... The fact is that people working with AI knew from the beginning that Elon can't deliver Full Self Driving but were silent (just positioning of cameras right behind the glass which vision gets obstructed by a few droplets should ring the inner scam alert), so the EV revolution starts sooner than would otherwise, even though this comes at the expense of early adopters that got scammed and sacrificed for the greater good, as people generally don't feel sorry for people buying 60K+ USD cars with optional features...

[@Mrbfgray]

Pure bullshit. But HEY! If it makes you self loathing types feel better about your misreble lives for a moment? Why not pretend.

[@thespiritfont2023]

Poor Nikola Tesla. If he knew that years later his name would be attached to a speeding death trap electric car, he probably would have changed his name

[@ucantSQ]

You can't be a billionaire and be a good person. In order to get that kind of money, you have to value youself more than anyone else.

[@booblam6919]

That's very sad

[@johndoherty4976]

I agree you don't become a multi-Billionaire by being nice or fair to amass Billions you have to cheat bribe exploit and monopolize.

[@1massboy]

The crossover I wasn’t expecting. But It the one I needed.

[@YourCapyFrenBigly_3DPipes1999]

Yo what does ur name say??

[@1massboy]

@@YourCapyFrenBigly_3DPipes1999 The east west connection

[@YourCapyFrenBigly_3DPipes1999]

@@1massboy oh cool

[@hectorvega621]

@@1massboy A good name Comrade.

[@MsAlien911]

Do one in Thiel next. As a kiwi i am very disturbed at his ability to buy citizenship here, and build his doomsday bunker unopposed

[@slappyfun]

8:18 - Musk isn't the only one that plays this trick. MSM does as well.

[@DigitalDuelist]

I'm so glad to see people catching on to this. His model is simple. Leverage debt to buy companies and give himself as much credit as possible. Subbed!

[@lmp9256]

By 'His model' you mean 'some typically petty-minded horseshit I like to spew'.

[@wesleysanders8570]

How did that work for Zip2? for Spacex? Tesla?

[@mst3ksanta]

when you know most millionaires and billionaires are self serving narcissists and psychopaths but oh this guy who's arguably the richest man in the world with an abusive father is such a nice guy...

[@sniffles8655]

It really goes to show that just because one is wealthy doesn't mean they are smart or a genius in any sense of the word.

[@hrhtreeoflife4815]

Q I heard rumors Elon is a tough 🤔 very demanding boss. Not so cool to work for. Q❤

[@cteal2018]

Step 1: have a rich Daddy

[@rinzaghi2057]

Step 2: have a rich mommy

[@secretservice1816]

Step 3: have a rich family 🤑

[@sjelinelukiman673]

Rishi Sunak : have a rich father in law, have a rich wife.

[@secretservice1816]

@@sjelinelukiman673 you cant call his father in law rich, filthy rich is the word

[@brianhurley6289]

Musk is a total fraud.

[@vegamineral207]

When you understand macro economics, and you begin to realize how things that are valuable are only valuable because we collectively think they are (assets, stocks, companies, currency even), you begin to realize that all Elon has to do to get rich is, not be some quirky genius savant, but just make people think he is. And he's nailed it

[@willywhonka]

He's just a salesman. Sooner or later all those people who have more money than sense and keep giving him cash will realise that the product he's selling isn't the platinum triple A stuff that he claims it is.

[@rickb3650]

Not even a salesman, he's a con man. The "tricks" mentioned in the report (8:00) have a name in legal circles, it's fraud (very similar to the fraud that Gates and Balmer committed to capitalize Microsoft in the '80s). His repeated manipulation of stock prices in every company he's associated with are also crimes and the SEC is charged with enforcing those laws. He did have the sense to collapse the cryptoscam (for an estimated $2.4B) he was associated with outside of U.S. jurisdiction.

[@helmutschmidt50]

He's like edison

[@wolborg105]

No, no. They know exactly what he's selling because they also do the same thing

[@jimthvac100]

Why all the hate on Musk? I think people are so jealous of anyone more successful than they are. I admire him. Any company he buys he makes better 10 fold. he employees a lot of people, His rockets that return to earth to be reused instead of burning up on reentry. Its a game changer. Videos titled like this to not benefit anyone. I suspect Musk has done better on his failures than most people have done in their entire lives. He is smart and works very hard and deserves praise but none of this stupid jealous hate. He is also a supported of free speech. You cant have a democracy without free speech.

[@arweno0162]

I can’t believe more people haven’t watched this video

[@desert.mantis]

great video! JT does an excellent job as narrator. Musk continues to head my list of libertarian a-holes as he takes advantage of government programs and then badmouths government. So typical.

[@billrevene2308]

If the government offers incentives, and Musk takes the incentives, how is he a libertarian and "a-hole" as you've mentioned? Did he violate any laws or conditions of the incentives?

[@desert.mantis]

​ @Bill Revene Musk is a libertarian, someone who praises small government and minimal interference in personal affairs. Libertarianism is a death cult of sorts that preys on society with minimal accountability to that society. It operates on the principle of individualism and heck with anyone else. That philosophy is dangerous to society (yes, there is a society or community out there). It results in much of the current societal problems like environmental pollution, ecological degradation, and class hierarchy. Like most oligarchs, Musk lobbies the government for subsidies, or "incentives" as you call them. It's corporate welfare that is readily welcomed. Yet, libertarians are among the first to complain about government subsidies targeting a certain class of recipients. It is hypocritical.

[@bccsivxx-xxivvii]

@@billrevene2308 seriously? You don't see the hypocrisy of it? A libertarian that speaks out against government stimulus and assistance to its people, while at the same time lobbying for and accepting so much government assistance that he became the richest person in the world.

[@matteomiracolo1467]

@@billrevene2308 you probably also take advantage of government handouts and then loudly proclaim that the government is too powerful while voting for the republicans lololo

[@matthewmcclain1316]

@@billrevene2308 he's NOT a libertarian. That's the point. He pretends to be, then takes huge handouts from the government. He is a fraud and I feel bad for anyone that's fallen for his crap. Dude has take more the government than any "welfare queen" by far.

[@robsands6656]

You missed part of his history. When he was in college his mom visited him monthly and gave him and his brother thousands of dollars each time. Dude didn't earn shit in his life.

[@d3thtr4p10]

Source?

[@tari8134]

@@d3thtr4p10 Google is free and easy to use.

[@Twist_UAP]

The same guy who builded his own rockets and started a rocket company. What are you talking about.

[@janeydoe7417]

@@tari8134 i believe you but I bet Elon got that scrubbed from google. Like his bullying a classmate whose dad died after committing svicide and that was the reason he was pushed and thrn fell down some stairs got scrubbed. Elon was the instigating bully. But Elon likes to play persecuted Jesus so he tried to get that article scrubbed from major websites.

[@_ok1735]

@@Twist_UAP "builded"

[@robotic_automaton]

i could do a lot of things if i had some money -Homer Simpson

[@carlloeber]

I don't worry about billionaires especially Elon Musk.. they can't spend that much on themselves.. it's not possible. What they do, especially Elon is to develop technologies and businesses to give people what they want. That is clear, in fact it's indisputable.

[@DougGrinbergs]

4:41 Elon Musk Tesla co-founder myth. 6:18 Lawsuits settled; Elon gets to call himself a co-founder. 6:52 Musk spins narrative to get DOE ATVM Tesla $465M loan, 8:26 paid off in 2013. 8:44 carbon credit income.

[@123axel123]

You forgot to state that he actually built electric cars. And pushed GM and Ford in the same direction.

[@gamer1X12]

@@123axel123 what does that have to do with the blatant corruption the video discusses? you forgot to mention tesla's are extremely expensive, owning, driving, maintenancing one is an option available only to the very wealthy. so stop pretending he did the general populace some big favor by allowing a handful of rich folk to buy fast cars. Also electric cars really arent all that great for the environment anyway. The batteries still guzzle power needing to be charged and lithium ion batteries do eventually expire and pollute. please stop pretending musk is doing the general populace a favor because he is NOT.

[@123axel123]

@@gamer1X12 You are an ignoramus. Teslas are expensive because new product. Price will drop adjusted for inflation. Yes not all electricity is clean, but all oil is dirty. Don't sit too close to your screen. See the bigger picture. Clean nuclear energy can make things beetter. Lithium is dirty but batteries already using less of it. Further innovation will come. Blatant corruption? I don't see any of it. I just see a rich guy bending the rules a bit. No omelett without cracking some eggs

[@fractal5764]

@@gamer1X12 I wouldn't say rich, just wealthy. How much money does someone have to have until you automatically hate them?

[@gamer1X12]

@@fractal5764 Forbes estimates Musk's networth at around 230 billion dollars. If thats not rich to you, idk what is. I dont automatically hate anyone simply for having cash, and I dont know what gave you that impression.

[@andyh3065]

Wow! I had always picked Elon as a dodgey narcissist (never liked him. He just gave me the creeps, even more than other billionaires) but now it’s been confirmed. Thanks 😁

[@JaneNewAuthor]

Me too.

[@joefox9765]

Follow the money. Thank the Gov't.

[@dongately2817]

Anyone who wants an in depth version of this go to Common Sense Skeptic’s channel. It’s got the DEFINITIVE Elon Musk story.

[@olafnilsen1641]

Common sense sceptic has no common sense

[@gwarlow]

And what makes their version, “definitive”. Does the “Common Sense Skeptic” have a monopoly on the truth? Please! Maybe checking more than one source for your research might benefit your “opinions”.

[@lmp9256]

The definitive set of lies that you won't cross-check to find out the truth. Ok. If that works for simpleton haters like you.

[@olafnilsen1641]

@@lmp9256 why the simple hate though? He lies about maths and Mars regularly

[@davidtaliaferro]

Goes to show that even a billion dollars can't buy a personality.

[@TheBeverly7]

" Behind every great fortune is a great crime." Honore de Balzac.

[@wickedleeloopy2115]

Very straight forward honest acurate video 👍 well done

[@veracity91]

The amount of work that went into this video is astounding... Thank you for your time & energy!

[@boozehouse303]

only if it wasn't biased as hell

[@jeremygregorio7472]

Welfare Queen

[@burner9147]

Yo I misread your comment I thought you were calling 2nd thought a welfare queen lol sorry

[@ValiantGarton]

There can't be enough of these pieces clearly and concisely reporting on the truth of Eloon Mush. I always enjoy popping into the comment section to see the fan boy simps loosing their minds because someone criticizes their pissant idol. Of course it is a waste of time trying to educate his fans because they are not thinkers and obviously desperate for someone they can hitch their wagon to to feel special.

[@ralphacosta4726]

In the meantime, Tesla has been successful enough convincing people to buy electric cars that virtually every other major car manufacturer has been forced to move to electric; it wouldn't have happened without Tesla. Tesla is indeed profitable and expanding (look it up on the Internet), and it wouldn't have happened without Musk. Yeah, a strong ego, 13-year old sense of humor, etc. but people who work with him also testify to his amazing work ethic and great design and production decisions. He gives a lot of credit to the engineers and designers, but he's apparently the final arbiter. Also, not everyone's happy working for him, but name any company where everyone's happy working there. SpaceX tested four rockets on Elon's dime, getting the last one to orbit; it was on that basis that NASA offered SpaceX a contract. Not everyone was happy with that, but SpaceX, besides now being the world's leading launch company, has racked up a number of firsts, including being the only private company to place people into orbit (and safely return them), while tremendously lowering the cost to orbit. You might not like Musk or his methods, but i honor him for what he's actually accomplished. I know it's irritating for someone to be that egotistical and also be that successful, but don't ignore his accomplishments. If you're concerned about climate change, you should appreciate Musk. If you want to see humanity expand into space, you should appreciate Musk. Don't invite him for dinner if you want, but millions would because they appreciate that lots of people talk about doing something, but few are willing to devote their lives and money to do it. Same, by the way, with people like Bill Gates and Jeff Bezos. They gave time, energy, and intellect to build the companies from which they derive their wealth. Was some of it luck? Absolutely! As Daniel Kahneman says, every story of success involves an element of luck. Don't be jealous of these people, because this is what it takes to get something built or done.

[@jmain1217]

Well said.

[@davidallmighty8616]

Thank god there's someone not biased here. Omg, elon is clearly not a saint, but you can't just ignore his other skills and i think he's slightly different than average bilioner.

[@Death_By_Media]

Amazing to see Perfect Union join up with Second Thought . Solidarity !