[tardy_one]

Deciding it is not a matter of federal law is not a ruling in his favor for violating norms, verbal and written contracts.. If he can't afford the norms of compensation and leasing then that is a reason to never do business with him.

[lazide]

Market dynamics have been trending in the direction of leasing companies getting more desperate, not less.

[tardy_one]

>> but in the longer term I think it would hurt possibilities

Doesn't matter in this weeks market, but he can't even convince people he's capable of remaining a passive investor, so ten years from now no top spots, no top people because the way norms are enforced is by black balling people like him whenever it is tolerably inconvenient.

[lazide]

If you can afford to blackball billionaires without going insolvent, then more power to you.

[tardy_one]

If you think ypu are going to make it rich signing contracts only the other side can enforce then how would you remain solvent? There's a lot more other business in the world.

[lazide]

Hah, the reason Musk is able to do what he wants on this front is because for these leasing companies, their choice is either him or…. Vacant.

He’s just calling their bluff.

If they thought they could get another tenant, they already would have.

Commercial real estate in many areas of the US is so crazy delusional right now (and has been for years) it’s all about who blinks first and who has leverage.

[tardy_one]

That's a Musk summary of his distorted reality. What happened in their international real estate is that they vacated key real estate where they had leases. They've pissed off the people that will do their long term leases on prime showrooms to BYD, not just the desperate highway belt office park admins.

Even if people in that part of the real estate market are desperate relative to their normal they have tricks to ignore business they don't want to deal with and take a lower offer from someone they either trust or at least don't distrust.

Making it obvious that the US is no longer a country of laws and contract law will work against people like him in the long run, so his take for a lot of future costs is irrational and I think he should finally deal with his mental problems.

[financltravsty]

Defeatist mindset, no?

[lazide]

Realist - otherwise no one would have been dealing with Donald Trump since the first time he went bankrupt in ‘91 eh?

I personally don’t get involved, but it is what it is. Everyone likes to pretend they have infinite options and don’t need assholes money, but when they’re staring at bankruptcy (or having to face reality and ‘mark to market’ at a more realistic valuation) somehow they sign leases anyway.

[tardy_one]

You are confusing the vast major of people with the small number of people who usually have worse options and make bad decisions and turn avoiding a slight loss into jail time for doing what someone like Trump says.

I'm not saying Musk won't find those people, I'm saying he has reduced the rest of his life to being surrounded by those people. A giant drop from what he was attracting when he began his startups.

If the rest of the US takes a realist view like yours then it is best not to waste time there and start to consider which economies accept US resources/credentials and will do better.. IMO, that's exactly what a successful Russian did in the 90s and why they aren't foolishly still in Russia submitting and becoming fodder.