Related to Elliot Shares Links (2022) - #219 by Elliot
I have not researched what’s true, but the basic story claimed here is:
Musk pays Jared Birchall between 1 and 3 million dollars per year. In return, Birchall actually gets stuff done. Musk doesn’t know how to do things; he cheaply hired someone who does.
In other words, Birchall acts as Dagny Taggart to Musk’s James Taggart role. If so, he’s massively underpaid and also shouldn’t do it at all.
But who knows. Maybe Birchall is a shitty leech himself who just socializes with people and then gets underlings to do the real work but takes the credit. I do generally question the competence of whoever is on Musk’s team since the overall result with the Twitter acquisition, and various other projects, has been so bad. But Taggart Transcontinental got a bunch of bad results that weren’t Dagny’s fault. An underpaid competent person could help explain what’s going on with Musk getting so rich despite being so awful.