While Elon Musk is having fascist orgasms on Twitter X, Tesla dropped $71 billion in value.
A significant portion of Tesla's customer base consisted of upscale liberals. Musk decided that it would be fun to use his platform to attack them and their views. You don't have to be a savvy genius to understand that this would not be good for business.
Shares in Tesla plunged as much as 11% after the market opened Thursday, wiping $73 billion off the company’s market value hours after it warned of slowing growth in electric car sales and an existential threat from Chinese rivals.
In an earnings presentation Wednesday, the world’s most valuable automaker said its sales growth this year “may be notably lower” than last as it continued developing the “next-generation” vehicle, likely a lower-priced model.
While it reported a sizeable 38% increase in deliveries last year compared with 2022, Tesla had previously targeted a 50% annual growth rate averaged over several years. Tesla’s (TSLA) financial results for the last quarter also disappointed, with adjusted earnings per share down 40% from a year earlier, and revenue, which rose 3% to top $25 billion, coming in below market forecasts.
It was the second straight quarter the company fell short of earnings forecast by analysts, following a string of better-than-expected results stretching back to the start of 2021.
Musk diverted attention from his core business so he could become a professional rightwing internet troll. Among other things, he jumped on Ron DeSantis's anti-woke bandwagon and was host for Meatball Ron's campaign launch last year – which turned into a fiasco.
Perhaps the real meaning of St. George and the Dragon is that an evil has to be about as big and ugly as a dragon before an Englishman even knows it is there.
unfortunately being in the military runs in my family all the way back to my distant ancestors because for some reason we seem to have a really strong genetic predisposition to go die in battle fever. fortunately i managed to control this dark urge by getting into war history instead.
^^^ From the new Florida public school history textbook.
DeSantis's efforts to persecute minorities for political gain continues to have a negative impact on Florida's convention business.
DeSantis’ ‘anti-woke’ bills are costing Florida millions of dollars in business
A slew of new bills signed into law by Republican Florida Gov. Ron DeSantis has draped the Sunshine State in controversy, spurring protests, lawsuits and travel advisories warning the state is “openly hostile” toward people of color, immigrants, women and LGBTQ+ community members.
The fallout is starting to spread to a key economic artery for an income-tax-free state heavily reliant upon tourism taxes: Florida’s convention business.
In recent weeks, at least a dozen organizations have announced plans to either cancel or relocate their upcoming conferences scheduled to take place in Florida, making a statement by having their thousands of attendees and millions of dollars flow into other states deemed safer and more welcoming.
Conventions are often planned out years in advance. So the reaction to the DeSantis homophobic, racist, and anti-women policies could ripple years into the future.
“Unlike leisure business, which is a very short-term booking window [in weeks or months], conference business is long term,” said Stacy Ritter, president and chief executive officer of the Visit Lauderdale tourism marketing agency in Broward County, Florida. “We’re booking ’26 to ‘30 now, so any impact that this might have is not going to be seen for years to come.”
As of July 26, Ritter said that Visit Lauderdale has tallied 10 events and conventions that were canceled by organizations citing recently enacted laws, policies and travel advisories. That amounts to 15,000 lost hotelroom nights and an estimated $20 million economic impact, she said.
Ritter, a longtime Democratic politician in the state, said she first started to see some businesses pull back following the 2022 legislative session and the first iteration of the ruling known as the “Don’t Say Gay” law. At the time, she also received emails from leisure travelers suggesting they wouldn’t come back to Florida because they perceived it was hostile to the LGBTQ+ community.
“That trickle from last year became a little stronger,” she said. “I don’t have a crystal ball, I wish I did, but I don’t know what happens in the future if this becomes a thing, or if this is a blip. Nobody knows.”
[ ... ]
Annual conferences are planned well in advance to ensure that it’s a smooth process to bring thousands of people together for a few days, and last-minute shifts are sometimes next to impossible for organizations.
“Broward County has invested $1.5 billion in building an 801-room Omni hotel connected to our expanding and renovated convention center, [but]we are not seeing the bookings for ’26, ‘27, ‘28, ‘29 and ‘30, which we would have anticipated — considering that we will have this shiny new toy in the neighborhood in late-2025,” she said.
People who don't feel safe in Florida just won't want to go there.
For the Association of Collegiate Schools of Planning, a “principles-based decision” was made to move its fall 2023 conference from Florida to another host city.
“While no place can be 100% safe, Miami and Florida in Fall 2023 did not feel like the best place to gather for our annual conference,” Laxmi Ramasubramanian, president of the ACSP, wrote to members on June 28 in a letter that was also provided to CNN. “We worried about attrition in conference attendance because some of our attendees were likely to feel uncomfortable, unwelcome, or fear for their own safety while navigating Miami outside of the conference venues.”
Safety was a paramount concern for board member Petra Doan, a longtime and recently retired Florida State University professor who transitioned 25 years ago while on faculty. Doan, who moved to Maine last year after 33 years in Florida, said she considers herself a political refugee.
“I often feel like if I will go back to Florida, I’ll have a target painted on me because I am openly trans,” Doan said.
Disagreement is necessary in deliberations among mortals. As the saying goes, the more we disagree, the more chance there is that at least one of us is right.
- Steven Pinker, Rationality: What It Is, Why It Seems Scarce, Why It Matters
Anyone who doesn’t meet the European beauty standards represented by Sydney Sweeney isn’t “beautiful,” and if YOU identify as a woman but don’t look like this particular thin young blonde white woman, then you are not beautiful. That is the argument of transphobes who happen to be (surprise) disproportionately white and who are, more often than not, conservative + racist + classist + misogynistic.
Leave it to bigoted white conservatives to completely bastardize the original meaning of wokeness into meaning something negative that represents a threat to whiteness. But then again, racism and transphobia tend to hang out at the same parties.
Decades ago, white people hated disco music largely because it was a Black music genre that was welcoming to Black people and the LGBTQ community. Similarly, reduced down to its most basic essence, being “anti-woke” is yet another iteration of transphobia, homophobia and anti-Blackness.
academia men will call themselves politically left-side leaning and then build a weapon of mass destruction to cause the extinction of all humankind as we know it 😔