Summary

Carlos Slim’s telecom giant, América Móvil, canceled $22 billion in planned Starlink orders after Elon Musk insinuated Slim had ties to drug cartels.

The decision, made within hours of Musk’s tweet, costs Musk his main partner in 25 countries and shifts business to Chinese and European competitors, further reducing U.S. commercial influence.

Musk’s increasing political entanglements and conspiracy-laden posts are alienating key business partners and consumers, with potential ripple effects on Tesla sales.

      • AA5B@lemmy.world
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        25 days ago

        Yesterday someone posted a thread that claimed that was the actual intention. Awfully questionable but it’s a funny enough idea to spread anyway ……

        The claim is some economic mastermind in the administration believes our entire problem is interest rates and the dollar is too strong. Ok as far as that goes, but the further claim is all the tariffs, flip flopping, broken contracts are just to persuade countries to kick us in the dick until we feel better. They may not have used those exact words

        • TheBrideWoreCrimson@sopuli.xyz
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          25 days ago

          There are better ways to devalue your currency. It’s not such an uncommon thing for countries to do. Why go out of your way to be a dick? This new type of behavior we are observing from US officials just smacks of sheer incompetency and lack of direction on the diplomatic stage.