Elon Musk, known for his ambitions to advance sustainable energy, robotics and space exploration, has turned his attention to a pressing issue closer to home: illegal immigration.
Despite the daunting responsibilities at the helm of Tesla, SpaceX and the transformed Twitter platform (now known as “X”), Musk has ventured into “investigative journalism”, delving into what’s happening on the ground in his home state of Texas.
‘The border crisis is getting worse every day’ release Musk has used his X platform in recent weeks to raise awareness of the issue as the number of border crossings surges.
Reports mentioning New York City Mayor Eric Adams exert force I’m satisfied cost Housing Immigration, Tycoon warn: “If New York can’t handle this, then almost nowhere in the country can, so if we don’t act soon, our social services will collapse.”
Nearly 233,000 immigrants In custody In August, the number of people stopped by Customs and Border officers for trying to cross the border illegally increased by 27% from the previous month. Data for September has been shown fresh records.
Please encourage more citizen journalism! You can easily conduct real-time video chat via your mobile phone.
More on-the-ground reporting from ordinary citizens will change the world.
— Elon Musk (@elonmusk) September 29, 2023
Tesla shareholders have no clear benefit
It’s unclear exactly what shareholders of publicly traded Tesla or even privately held SpaceX will get from a trip to Eagle Pass.
Halter Ferguson Financial’s Tesla bull Matt Smith questions the logic behind Musk’s trip to Eagle Pass as Joe Biden Picketing with UAW autoworkers in Detroit.
“In a sane world, the president would be trying to resolve the situation at the border and auto industry CEOs would be talking to striking workers,” VP of Equity Analysis release.
While Halter Ferguson’s stake in the automaker doesn’t directly benefit from Musk’s on-the-ground coverage, the tycoon himself may gain personally from increased traffic and data volumes on the X.
His deal needs more social media traffic to pay off
Following interviews with Texas Congressman Tony Gonzalez and Eagle Pass Mayor Rolando Salinas, Musk encouraged more users to contribute videos to his ad-supported platform, under the banner Under the guise of “citizen journalism.”
Musk’s Platform X needs to increase traffic, especially given the financial troubles of the company he acquired for $44 billion last October.
CEO Linda Yaccarino said that despite the significant layoffs, operating the platform still consumes more cash than it generates and does not expect to be profitable until next year at the earliest.
One factor contributing to this financial challenge is Musk’s ties to alternative media figures who share his political views and have large social media followings that he hopes to attract to his platform, such as Tucker Carr Sen.
Musk said in an interview with Ben Shapiro on Thursday that Russell Brand may now face Rape allegation Just because he has been “knocking on the cage of those in power.”
according to a Report inside Financial TimesX CEO Linda Yaccarino will meet with representatives from X’s seven banks, which collectively provided $13 billion in financing for the acquisition.
According to reports, the main agenda of their October 5 meeting was Yacarino’s strategy for securing investments while she will keep Musk at home.
“She had to get him out,” the newspaper quoted one of X’s bankers as saying. “They need the advertising dollars to come back.”
The report goes on to say that this will become difficult if Musk continues to escalate tensions on the platform.
when wealth Contacted X for comment, it automatically responded: “Busy now, will check back later.”
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