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.
I mean he does have ties to drug cartels, but you don’t say it
What ties? Can you elaborate?
The cartels are the silent oligarchs of Mexico, you don’t control telecoms in their territories and lands without dealing with them. Just about every politician and business leaders in cartel territory have to deal with em
It’s not really all that different in America. We did a kinda informal merger between organized crime, local government, and big capital. Now we’ve merged in the federal government as well.