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by Isinlor
1470 days ago
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For car industry and space industry it is a complete revolution. From what I understand he can legally backtrack from the deal, but he would have to pay some billion dollars penalty. Not cheap by any means, but he can afford that. And having billion dollars at stake you can try to look for a lot of legal reasons to not pay that billion. But my guess is that he genuinely thinks that 5% number is not accurate based on his twitter feed comments. His feed comments is mostly crypto scammers. Some independent people also claim that 50% of his followers are fake. Twitter claim of 5% is very specific and probably accurate in a legal sense. But if you have tens of billions at stake and a deal that looks like a mistake it's entirely reasonable to dig deeper. |
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Isn't a bit premature to declare it a successful revolution? Cases against Tesla autopilot are mounting, there is a reason why "move fast and break things" isn't used in fields where the people's lives are at stake. It's the reason why Theranos imploded. Who could have possibly predicted what could have happened if US Govt let Theranos run, maybe they'd have really developed the product in the following iteration of the company?
> From what I understand he can legally backtrack from the deal, but he would have to pay some billion dollars penalty
That is only the case if the FTC or the US. Govt. blocks the deal because of any reason.