Social WTF Elon ????????????????

[JonesBones]

yeah, they decided to build their electric fleets:

a) after they have seen what success Tesla has been - and they still dont have a car in production that matches Teslas in range and tech overall (and we are talking about huge companies with 100x the budget and production lines)
b) they had no choice after the dieselgate scandal - they had to change the publics perception of their cars



yeah, well at least he realized his dream and forced big car manufacturers to go electric sooner than later - you can trivialize his cars all you want, but you cant deny they have been revolutionary (no other electric cars in history were this popular) and are ahead of the competition (his autopilot is sick)
and yes, car pollution in big cities is a huge problem that takes away lives (ever heard of smog?) - and considering more and more people are moving into cities, this problem is only going to get bigger

dont know why you would hate on the guy and try to bring him down when he is trying to change things for the better - and we could all benefit from his efforts

would you rather cities be clogged up in smoke from cars you sit around in for hours on end trying to get to your job, or cities filled with electric vehicles that have 0 exhaust gasses and drive themselves more efficiently than humans ever will (if every car was electric and connected you wouldnt even need traffic lights and rage over stop&go traffic)

Do you realize that most Teslas in China and many other countries are charged on a grid produced by coal? An electric car is only as clean as its energy source. Germany, Australia, US, China, etc. EV won't help Chinese smog a bit because the power grid is coal. It is just kicking the can down the road.

Also, Tesla ranks dead last in AI technology.

 

[brackis1]

You are legitimately throwing out verbal diarrhea because you cannot admit you were wrong. Which part of my correction to your statement is a semantic? That was the whole point of my post as I didn't dispute the rest of your claims. And to be quite frank with you, the rest of your post is ridiculous but I'd be happy to chime in since you insist so much on it.

Diversification? Yeah of course it would be smart for a person to diverse your assets. But who are you again to tell a billionaire who has been successful in multiple ventures and is worth billions of dollars to how he should manage his assets? That's just laughable to me. Are you Warren buffet by any chance? Let me go tell Bill Gates he is an idiot for having so much stock in Microsoft. Now that idiot Gates is only worth 93.9 billion dollars. He should've listened to me I tell you!

The Boring company? Maybe it will succeed, maybe it won't. Maybe it's just one of his dumb pet project. Matter of fact not everything you do will succeed and it does not have to.

So are you telling me SpaceX is worth around 24-27 billion dollars because they sent a Telsa car into space? You are serious man. You don't think it's because they are able to send small and medium payload rockets into space for a much cheaper rate than their competitor? Why in the world is Nasa giving them hundreds of millions of dollars in contracts? Please feel free to elaborate on this point LOL.

I'm spewing verbal diarrhea?
It's really not that hard: I'm not calling Musk a bad investor for not diversifying, that's impossible when you're a founder. I'm pointing out the loaded financial motivation behind every single thing this dude does because he is paper-wealthy, such that they can't walk away or be anything but gung-ho, and he is actually trying to diversify using hype, hoping that enough people buy into the idea with their real liquid capital to sustain his paper value using cross promotional techniques. (cars will change the world! wait no it's tunnels! sorry nvm I got satellites now! wait back to buying my cars!)

To answer some of your diarrhea: his company is not worth 24-27 billion yet and they're desperately trying to get funding because they don't have money and they don't have substantial longterm contracts. If it were valued at that based on cashflow sure, but they aren't even in that stratusphere.
Have you ever heard of Boeing? There are existing aerospace companies out there that do stuff for Nasa too.
The fact they haven't finished raising funding should tell you everything you need to know about how sure-fire an idea it is.
The fact you call BoringCompany a pet project that might be dumb shows how little you've absorbed of my point: the longterm success of the project doesn't matter if there is no actual money invested in it as long as during the hyping period Tesla product placement can exist.
Last year it was Tesla in space, now it's Tesla under ground. Before that it was Tesla underwater (fucking surfboards).

 

[djacobox372]

https://www.cnn.com/2018/12/19/tech/boring-company-tunnel-elon-musk/index.html

Jesus. I have a great idea. Howz about we make the tunnel a little bigger, then we can put bigger vehicles in that carry lots of people. We could call it a subway.

How about we put cars in that tunnel that can drive to your doorstep and drop you off at the door--trains suck.

 

[MikeMcMann]

You're praying for a semantic victory here. SpaceX is a private extension of Musk's industrial grift. Is the Boring company another diversified interest? Nope. It's an incestuous pile of paper value that Musk is reliant upon.
SpaceX's most famous launch ever? A Tesla
Boring company's big hyperloop reveal? A Tesla
Why? Because it's all one giant Musk hype shtick and the only way he can monetize is through keeping Tesla salient enough to cash out there and gain investors for his other businesses, which currently lack funding outside of government contracts.

So once again: this man is entirely wrapped up in the stock value of the conglomeration he operates.
It's even backed by the same institutional investors and they're struggling to raise more funds in hopes of increasing their valuation.
https://www.forbes.com/sites/alexkn...on-to-go-to-the-moon-and-beyond/#46831ff75fe4

It's not semantic. You were very specific and for a reason. Your goal was to minimize and shit on anything Musk. You can't claim to be the brigger of facts above and then complain about people actually replying to what you say. But you are not big enough to just admit you were wrong.

This new line that you are taking to mock the likes of Bezos, Gates, Buffet, Zuckerberg, etc, etc, for having substantially all of their wealth tied up in their company stock just goes to show how far you will stretch anything to try and turn it into an insult V Musk.

What you are mocking Musk for is what 99% of entrepreneurs do. They bet their money on themselves.

 

[Gandhi]

Best thing about this thread is the @brackis1 appearance.

Where have you and how have you been man!!!!

 

[MikeMcMann]

If u shorted anywhere north of 340 you should be sitting pretty next earnings call.
Looks like the backlog of mod 3 demand is alnost gone

First off, never believe a guy who says he day trades and plays the market perfectly timing wise.

If you are 'short' and you believe people are irrationally exuberant and still buying then you go further short. IF you follow his logic he either filled his short for a loss when he realized it was going up or he is still holding that short and never bought long, as you would not do both.

As you say, Tesla trades on emotion and not metrics at this point. So how could a long determine it was time to sell and go short a second time when the buyers are not doing so on metrics.

What he is alleging makes no sense.

 

[MikeMcMann]

First off: Berkshire Hathaway/Buffet isn't in the same solar system as MSFT, AMZN, FB. It's a diversified industrial company across a variety of proven business sectors.
The rest are all shitshow dudes who are/were as sketchy as Musk when they were running their companies. (Gates has redeemed himself, but was a hated villain to many 20 years ago)
https://www.zdnet.com/article/how-bill-gates-accidentally-became-the-worlds-richest-man/

I never said any of the companies were the same.

The point was that owner/entrepreneurs are almost ALWAYS all-in on their own company and stock.

In your zeal to try and discredit anything and everything Elon you again are not making any point.

 

[brackis1]

I never said any of the companies were the same.

The point was that owner/entrepreneurs are almost ALWAYS all-in on their own company and stock.

In your zeal to try and discredit anything and everything Elon you again are not making any point.

You're using Zuckerberg and Facebook to argue against me in a "should we trust crazy CEOs with our future" debate. Current events aren't your friend here. It is a 100% valid to point out equity wealth vs salary when arguing for skepticism.

Another ahead-of-its-time cartoon covering this topic https://en.wikipedia.org/wiki/Marge_vs._the_Monorail

 

[MikeMcMann]

No, the critique in the episode was about how the people who owned them were smug elitists who talked a ton about how good it was for the environment but were mostly just rich folks. Which is exactly what's happening with Tesla. I take it you weren't an adult when it first aired.

I've witnessed it first hand. My uncle was an early adopter of the Prius and just got his first Tesla.

More garbage from you. Some type of odd appeal to 'Age Authority' that shows how stupid you are. I am 50 for the record. Most on this forum know that as I am not shy in sharing that. Not only did I see that then but I also saw Ed Begley Jr popping up in Sitcoms in his Prius and they ABSOLUTELY were making fun of not just the elitist hippie types but ALSO the car. You are factually wrong once again.

 

[brackis1]

Best thing about this thread is the @brackis1 appearance.

Where have you and how have you been man!!!!

Doing great man; you were always a stalwart of the realm. Funny to see so many faces that can't help but come back year after year to speak their minds

 

[Letssnuggle]

I’m starting to research new vehicles because it’s time for a new one. A Tesla was considered and immediately ruled out for the simple fact you must have a garage.

And not only must you have a garage it needs to be a real garage. Not one of these McMansions with a tiny ass attached two car garage. I can’t be all cramped and stuff.

So if this Musk dood starts a home building company with some big ass garages then I’m down. Otherwise my four wheelers, golf cart, beer fridge, deep freezer, kayaks, etc have already claimed that space. There’s no place to put a damn Tesla.

 

[MikeMcMann]

You're using Zuckerberg and Facebook to argue against me in a "should we trust crazy CEOs with our future" debate. Current events aren't your friend here. It is a 100% valid to point out equity wealth vs salary when arguing for skepticism.

Another ahead-of-its-time cartoon covering this topic https://en.wikipedia.org/wiki/Marge_vs._the_Monorail

You are not good with points which shows how stupid you are. Painfully stupid.

The POINT was never if ZUckerberg or Facebook are good, nor was it if Berkshire was similar to other companies.

It was to point out that almost all Entrepreneurs have almost their entire wealth tied up in their company stock.

Something in your zeal to mock anything Elon you are trying to spin as a negative.

If these entrepreneurs try to take a big part of their wealth out of the company and then have to buy other investments with that money it completely shakes investor (current and future) confidence as they think 'if you are buying that instead of your own stock, why should i not buy that instead of your stock'. It is why when Insiders sell in any company it often leads to a sell off.

 

[west42]

I was referring to buying puts. Tsla stock skyrocketed on m3 profitability, q4 earnings looking to be less less pos than q3. Tsla is pretty reliable swinging with good and bad earnings.

First off, never believe a guy who says he day trades and plays the market perfectly timing wise.

If you are 'short' and you believe people are irrationally exuberant and still buying then you go further short. IF you follow his logic he either filled his short for a loss when he realized it was going up or he is still holding that short and never bought long, as you would not do both.

As you say, Tesla trades on emotion and not metrics at this point. So how could a long determine it was time to sell and go short a second time when the buyers are not doing so on metrics.

What he is alleging makes no sense.

 

[Thepaintbucket]

I'm spewing verbal diarrhea?
It's really not that hard: I'm not calling Musk a bad investor for not diversifying. I'm pointing out the loaded financial motivation behind every single thing this dude does because they are paper-wealthy, such that they can't walk away or be anything but gung-ho.

To answer some of your diarrhea: his company is not worth 24-27 billion yet and they're desperately trying to get funding because they don't have money and they don't have substantial longterm contracts.
Have you ever heard of Boeing? There are existing aerospace companies out there that do stuff for Nasa too.
The fact they haven't finished raising funding should tell you everything you need to know about how sure-fire an idea it is.
The fact you call BoringCompany a pet project that might be dumb shows how little you've absorbed of my point: the longterm success of the project doesn't matter if there is no actual money invested in it as long as during the hyping period Tesla product placement can exist.
Last year it was Tesla in space, now it's Tesla under ground. Before that it was Tesla underwater (fucking surfboards).

Do not back away from my main point. You were wrong when you said his entire wealth is tied into Tesla. This is factually wrong as I have already pointed out. Admit you wrong about this otherwise you are wasting my time here. Man up for once in your life.

I'm spewing verbal diarrhea?
It's really not that hard: I'm not calling Musk a bad investor for not diversifying. I'm pointing out the loaded financial motivation behind every single thing this dude does because they are paper-wealthy, such that they can't walk away or be anything but gung-ho.

Yes. You heard me. Verbal Diarrhea. As I said earlier; My beef is with you saying his entire wealth is Tesla dependent. Instead of correcting yourself you attempted to bring up your other points when I wasn't disputing them at all. Did you not? Tell me I am wrong here too. Quote my original post and to where I said I disagree with your motivation/diversification crap? You brought it up in your first reply to me.

Alright. So your point is that money is the main motivating factor for him as a business man. Okay. I agree. So what. It's still besides my what I said originally

To answer some of your diarrhea: his company is not worth 24-27 billion yet and they're desperately trying to get funding because they don't have money and they don't have substantial longterm contracts.

By multiple sources SpaceX has an estimated value between 23 and 27.5 billion dollars. CNBC, Forbes, NYPost all have articles on this.

Care to share a few articles to prove your point?

Have you ever heard of Boeing? There are existing aerospace companies out there that do stuff for Nasa too.
The fact they haven't finished raising funding should tell you everything you need to know about how sure-fire an idea it is.

Fun fact: I used to work for Boeing.. so yeah I know who they are.

Say what? A sure fire idea? Could you please explain.

Billions of dollars in private and government contracts. Successfully deployed satellites and resupply rockets into space.

What's your issue with them? Cause they seeked more private funding to help create an internet-service business via a network of satellites?

For one Boeing is a vastly larger company which has been around for over 100 years . They and a couple other companies have monopolized the space market since the dawn of space travel. A start up company does not simply happen over night. The space industry is a cutthroat business. The fact that Spacex has been around for 16 years and is able travel into space yet alone compete with the giants of the space industry is a wonderful thing.

The fact you call BoringCompany a pet project that might be dumb shows how little you've absorbed of my point: the longterm success of the project doesn't matter if there is no actual money invested in it as long as during the hyping period Tesla product placement can exist.
Last year it was Tesla in space, now it's Tesla under ground. Before that it was Tesla underwater (fucking surfboards).

Yes I think it's a pet project. Where did I ever say It wasn't? You brought it up and I agree with you lmao.

So Elon Musk is a businessman who is trying to sell his branding to make money. Okay?

Still this has nothing to do with my original post. His entire wealth isn't tied to Tesla. Why can't you admit you were wrong? Jesus Christ.

 

[brackis1]

You are not good with points which shows how stupid you are. Painfully stupid.

The POINT was never if ZUckerberg or Facebook are good, nor was it if Berkshire was similar to other companies.

It was to point out that almost all Entrepreneurs have almost their entire wealth tied up in their company stock.

Something in your zeal to mock anything Elon you are trying to spin as a negative.

If these entrepreneurs try to take a big part of their wealth out of the company and then have to buy other investments with that money it completely shakes investor (current and future) confidence as they think 'if you are buying that instead of your own stock, why should i not buy that instead of your stock'. It is why when Insiders sell in any company it often leads to a sell off.

It's extremely relevant to the topic at hand: Musk used a shitty concrete hole with LEDs and a timelapse camera to film an ad for his cars using people's hope for some sort of transit system reform. It's a reminder that the success of Musk's projects and their ability to be funded relies on a publicly traded fluctuation of sentiment for Tesla cars while simultaneously providing an outlet for said cars to be shown off. One relies on the other and their success is adjoined. It's highly leveraged and incestuous Musk hype.

It truly boggles my mind you could buy this shit as a valid idea worth the fanfare outside of being an advertisement. Cars on tracks is far from groundbreaking and I have accurately pointed out skeptical observations about Musk and his companies. And again, you calling me a shortseller has ZERO to do with my view that people are lemming fools who love a hero story when that hero tells them they are virtuous for buying their product. I can play it both ways and have. I'll be driving my beater car until my next beater and then might go electric once something reasonable comes along. I wouldn't rule out a Tesla if Musk left or they could prove reliable on the road year after year.

 

[Gandhi]

Doing great man; you were always a stalwart of the realm. Funny to see so many faces that can't help but come back year after year to speak their minds

Glad you are back, it feels like you have been gone years?

 

[brackis1]

First off, never believe a guy who says he day trades and plays the market perfectly timing wise.

If you are 'short' and you believe people are irrationally exuberant and still buying then you go further short. IF you follow his logic he either filled his short for a loss when he realized it was going up or he is still holding that short and never bought long, as you would not do both.

As you say, Tesla trades on emotion and not metrics at this point. So how could a long determine it was time to sell and go short a second time when the buyers are not doing so on metrics.

What he is alleging makes no sense.

I already mentioned early in this thread that my original short at their bottom ($250) didn't work out and was honest about it. Unlike Musk, who recently claimed that around then, they actually almost folded. I didn't lose anything thankfully.

 

[west42]

That's one of the reasons i didnt get into trading tsla. Every time the stock looked to be adjusting to its value based on actual profit and loss, elin would tweet about a new car/truck/semi, and the peice wouldskyrocket. Cant do that anymore since the sec muzzled him

I already mentioned early in this thread that my original short at their bottom ($250) didn't work out and was honest about it. Unlike Musk, who recently claimed that around then, they actually almost folded. I didn't lose anything thankfully.
View attachment 490729 View attachment 490731

 

[brackis1]

Do not back away from my main point. You were wrong when you said his entire wealth is tied into Tesla. This is factually wrong as I have already pointed out. Admit you wrong about this otherwise you are wasting my time here. Man up for once in your life.



Yes. You heard me. Verbal Diarrhea. As I said earlier; My beef is with you saying his entire wealth is Tesla dependent. Instead of correcting yourself you attempted to bring up your other points when I wasn't disputing them at all. Did you not? Tell me I am wrong here too. Quote my original post and to where I said I disagree with your motivation/diversification crap? You brought it up in your first reply to me.

Alright. So your point is that money is the main motivating factor for him as a business man. Okay. I agree. So what. It's still besides my what I said originally



By multiple sources SpaceX has an estimated value between 23 and 27.5 billion dollars. CNBC, Forbes, NYPost all have articles on this.

Care to share a few articles to prove your point?



Fun fact: I used to work for Boeing.. so yeah I know who they are.

Say what? A sure fire idea? Could you please explain.

Billions of dollars in private and government contracts. Successfully deployed satellites and resupply rockets into space.

What's your issue with them? Cause they seeked more private funding to help create an internet-service business via a network of satellites?

For one Boeing is a vastly larger company which has been around for over 100 years . They and a couple other companies have monopolized the space market since the dawn of space travel. A start up company does not simply happen over night. The space industry is a cutthroat business. The fact that Spacex has been around for 16 years and is able travel into space yet alone compete with the giants of the space industry is a wonderful thing.



Yes I think it's a pet project. Where did I ever say It wasn't? You brought it up and I agree with you lmao.

So Elon Musk is a businessman who is trying to sell his branding to make money. Okay?

Still this has nothing to do with my original post. His entire wealth isn't tied to Tesla. Why can't you admit you were wrong? Jesus Christ.

As I feared, you're pushing all in on the semantic victory angle.
Musk's wealth is entirely in on Tesla and it is impossible to separate his net worth from his ability to be taken seriously as the CEO of a tech/car/cult company. If Tesla fails, everything fails for him, and all his wealth is in 2 stocks that have sketchy cashflow (one public in a make-or-break phase, one private entirely reliant on musk's public trust trying to get funds together, neither of which he can sell). The funny part is that the one company that has actually spent money on SpaceX is also the investment firm that owns the largest stake of Tesla (so again, someone overleveraged on him/his company). You don't see Boeing doing test flights for their new airplane by towing Yeti coolers behind their turbines because their CEO doesn't need to hype up either product.
Is this not Enron money I take it?
https://www.seattlepi.com/business/article/The-NewPower-gamble-How-one-spinoff-1075579.php

More breakdown of investors wondering WTF is up
https://www.wsj.com/articles/elon-m...stions-over-spacex-financial-ties-11545078371

https://qz.com/1361847/elon-musk-considers-financing-tesla-bid-with-spacex/

https://www.forbes.com/sites/jimcol...s-financial-leverage-has-jumped/#2a3349417099

 

[Deleted member 263856]

Gay arsehole tunnel for s.

Best comment I've read in a while