Elon Musk Says Loss Of Odesa, Black Sea Access A Possibility For Ukraine: 'The Longer The War Goes On, The More Territory Russia Will Gain'


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Elon Musk, the CEO of Tesla Inc. (NASDAQ:TSLA) and SpaceX, once more advised a negotiated settlement to cease the ongoing conflict in Ukraine. He further warned that Ukraine’s refusal to negotiate and escalating the fight could potentially cost them Odesa and their access to the Black Sea.

What Happened: On a recent X (formerly Twitter) thread, Musk voiced his concerns over Ukraine’s worsening situation. He echoed his view that Ukraine’s stance is continuously deteriorating as its leadership rejects talks and urges the West for additional weaponry.

It was a tragic waste of life for Ukraine to attack a larger army that had defense in depth, minefields and stronger artillery when Ukraine lacked armor or air superiority! Any fool could have predicted that.

My recommendation a year ago was for Ukraine to entrench and apply all…

— Elon Musk (@elonmusk) March 30, 2024

The thread began with Bill Ackman praising John Spencer’s coverage of the Ukraine war and recommending that Joe Rogan interview him. David Sacks criticized Spencer’s coverage, arguing that it was misleading. Musk then entered the conversation with his viewpoint on the war.

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“It was a tragic waste of life for Ukraine to attack a larger army…Any fool could have predicted that,” Musk stated. He added that despite the tough circumstances, the defense should have been Ukraine’s primary focus.

Musk predicted the potential loss of more Ukrainian territory to Russia, including the strategic port city of Odessa. “Whether Ukraine loses all access to the Black Sea or not is, in my view, the real remaining question,” he emphasized.

Why It Matters: Musk’s outspoken commentary on the Ukraine war has sparked controversy. Kiev officials have accused him of pro-Kremlin sympathies, but Musk maintains a fiercely independent perspective on the conflict. He highlights his companies’ efforts to undermine Russia, such as SpaceX diverting Russian launch business and Starlink’s pivotal role in aiding Ukraine. As Senator Ron Johnson (R-Wis.) stated, Putin sees losing the war as an existential threat, further complicating potential resolutions.

Musk’s comments add to the international discourse surrounding the conflict and highlight the catastrophic effects of prolonging the war.

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Photo via Shutterstock


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27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: NewsTechConsumer TechElon MuskPeople In TechRussia-UkraineSudhanshu Singh