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 Post subject: Re: Elon musk
PostPosted: Thu Jan 07, 2021 11:36 am 
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Jaw Breaker wrote:
Now the richest person in the world. Unbelievable.

One of the few of the billionaires that weren't mostly lucky.

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 Post subject: Re: Elon musk
PostPosted: Thu Jan 07, 2021 11:39 am 
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Brick wrote:
Jaw Breaker wrote:
Now the richest person in the world. Unbelievable.

One of the few of the billionaires that weren't mostly lucky.


I agree getting to one billion wasn't all luck. Getting to $188 billion? Mostly luck.

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 Post subject: Re: Elon musk
PostPosted: Thu Jan 07, 2021 11:42 am 
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Jaw Breaker wrote:
Brick wrote:
Jaw Breaker wrote:
Now the richest person in the world. Unbelievable.

One of the few of the billionaires that weren't mostly lucky.


I agree getting to one billion wasn't all luck. Getting to $188 billion? Mostly luck.

People, including me, laughed at Tesla and his plans. He proved to be right. This isn't like Zuckerberg creating the same site 100 others did and being the one that got chosen.

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 Post subject: Re: Elon musk
PostPosted: Thu Jan 07, 2021 11:44 am 
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But it's not like the stock valuation is even close to rational.

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 Post subject: Re: Elon musk
PostPosted: Thu Jan 07, 2021 11:50 am 
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Jaw Breaker wrote:
But it's not like the stock valuation is even close to rational.
Other big tech companies have felt the same.

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 Post subject: Re: Elon musk
PostPosted: Thu Jan 07, 2021 11:52 am 
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Brick wrote:
Jaw Breaker wrote:
But it's not like the stock valuation is even close to rational.
Other big tech companies have felt the same.


Yeah, I just don't think Tesla is going to dominate the future of cars or have anything like a Google monopoly, which is essentially how the stock is being priced.

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 Post subject: Re: Elon musk
PostPosted: Thu Jan 07, 2021 10:02 pm 
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except i think they will. their cars aren't the most reliable (far from it) but they are the most desired. and they partnered with panasonic to make bleeding edge batteries.. that is key.

toyota claims to have solid state batteries coming next year, which looks to be a game changer... but look for tesla to throw a similar ace without warning, as they typically do. solid state is going to rocket propel the electric car industry. 10min charge times, doesn't burn when smashed. lighter and lasts 20 years. they are going to eliminate the need for gas engines. if you think tesla has hit a plateau, no fucking way. they are also leading the auto drive industry, which is the other half of their plan to dominate the car market.

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 Post subject: Re: Elon musk
PostPosted: Thu Apr 07, 2022 10:53 am 
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I am laughing at the uproar of him filing a 13G vs. 13D over his Twitter purchase. I bet less than 1% of the people in this country have any clue of the difference between those two SEC forms.

If someone files a 13G they are telling you they made the purchase. It can be a thin line between whether they intend to be active or passive with their holdings. I mean Blackrock is getting pretty active in its investments even with Index Funds….

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 Post subject: Re: Elon musk
PostPosted: Thu Apr 07, 2022 10:54 am 
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 Post subject: Re: Elon musk
PostPosted: Thu Apr 07, 2022 10:59 am 
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denisdman wrote:
It can be a thin line between whether they intend to be active or passive with their holdings.


It would be hard to argue that joining the Board of Directors is not being active.

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 Post subject: Re: Elon musk
PostPosted: Thu Apr 07, 2022 11:00 am 
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Caller Bob wrote:
Is Trump back on Twitter yet?


No need



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 Post subject: Re: Elon musk
PostPosted: Thu Apr 07, 2022 11:01 am 
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https://www.youtube.com/watch?v=wiBi0xMF9UY

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 Post subject: Re: Elon musk
PostPosted: Thu Apr 07, 2022 11:05 am 
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I couldn't tell you if twitter is popular or not. Is it? All I know is if you have a gotcha, you go there. And Trump was a star there and they fired him.


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 Post subject: Re: Elon musk
PostPosted: Thu Apr 07, 2022 2:58 pm 
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IkeSouth wrote:
except i think they will. their cars aren't the most reliable (far from it) but they are the most desired. and they partnered with panasonic to make bleeding edge batteries.. that is key.

toyota claims to have solid state batteries coming next year, which looks to be a game changer... but look for tesla to throw a similar ace without warning, as they typically do. solid state is going to rocket propel the electric car industry. 10min charge times, doesn't burn when smashed. lighter and lasts 20 years. they are going to eliminate the need for gas engines. if you think tesla has hit a plateau, no fucking way. they are also leading the auto drive industry, which is the other half of their plan to dominate the car market.

All while destroying the environment way more than gas-powered engines / exhaust!

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 Post subject: Re: Elon musk
PostPosted: Thu Apr 07, 2022 3:39 pm 
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If Toyota had the technology or it was imminent, their stock price would reflect it.

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 Post subject: Re: Elon musk
PostPosted: Fri Apr 08, 2022 7:37 am 
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KDdidit wrote:
Caller Bob wrote:
Is Trump back on Twitter yet?


No need



Maria Bartiromo is a mess. She even has that lisp you get with fake teeth/dentures.

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 Post subject: Re: Elon musk
PostPosted: Fri Apr 08, 2022 12:49 pm 
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Jaw Breaker wrote:
Brick wrote:
Jaw Breaker wrote:
Now the richest person in the world. Unbelievable.

One of the few of the billionaires that weren't mostly lucky.


I agree getting to one billion wasn't all luck. Getting to $188 billion? Mostly luck.

Didn't Tesla Grow and Rise with a whole lot of Government subsidies?

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 Post subject: Re: Elon musk
PostPosted: Fri Apr 08, 2022 1:08 pm 
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 Post subject: Re: Elon musk
PostPosted: Fri Apr 08, 2022 1:27 pm 
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There are modest tax credits for electric vehicle purchases. But I would contend Tesla is winning in somewhat of an Apple model of gaining rabid fanboys and strong internally developed technology. But different from Apple, they are building their own production capacity locally in Cali, China, and Germany for each market.

It is pretty impressive overall.

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 Post subject: Re: Elon musk
PostPosted: Fri Apr 08, 2022 1:39 pm 
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denisdman wrote:
There are modest tax credits for electric vehicle purchases. But I would contend Tesla is winning in somewhat of an Apple model of gaining rabid fanboys and strong internally developed technology. But different from Apple, they are building their own production capacity locally in Cali, China, and Germany for each market.

It is pretty impressive overall.

That's true. The big difference is that iPhones are overpriced but quality products and Teslas are overpriced but the quality is undeniably terrible.

The biggest threat to Tesla is one of the bigger car companies creates an electric car that you can trust like a normal car as not everyone is going to say "Yeah, this car kind of sucks but it's also awesome".

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 Post subject: Re: Elon musk
PostPosted: Fri Apr 08, 2022 1:45 pm 
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Brick wrote:

The biggest threat to Tesla is one of the bigger car companies creates an electric car that you can trust like a normal car as not everyone is going to say "Yeah, this car kind of sucks but it's also awesome".


I think he's protected against that scenario as I expect him to buy Toyota or BMW at some point.

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 Post subject: Re: Elon musk
PostPosted: Fri Apr 08, 2022 1:49 pm 
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Jaw Breaker wrote:
Brick wrote:

The biggest threat to Tesla is one of the bigger car companies creates an electric car that you can trust like a normal car as not everyone is going to say "Yeah, this car kind of sucks but it's also awesome".


I think he's protected against that scenario as I expect him to buy Toyota or BMW at some point.

He can't buy all the car companies though and it's going to be a massive drop of Tesla's value if the hypothetical quality electric car starts rolling out to American dealerships.

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 Post subject: Re: Elon musk
PostPosted: Fri Apr 08, 2022 2:03 pm 
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Brick wrote:
Jaw Breaker wrote:
Brick wrote:

The biggest threat to Tesla is one of the bigger car companies creates an electric car that you can trust like a normal car as not everyone is going to say "Yeah, this car kind of sucks but it's also awesome".


I think he's protected against that scenario as I expect him to buy Toyota or BMW at some point.

He can't buy all the car companies though and it's going to be a massive drop of Tesla's value if the hypothetical quality electric car starts rolling out to American dealerships.


Maybe he can :wink:

Market cap
1. Tesla 1.07T
2. Toyota 237.3B
3. Volkswagen 104.51B
4. BYD 103.3B
5. Mercedes Benz 73.6B
6. Ford 60.74B
7. GM 57.54B
8. BMW 54.8B
9. Stellantis 46.8B
10. Honda 44.8B

#1 Telsa 1.1T
#2-10 785B

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 Post subject: Re: Elon musk
PostPosted: Fri Apr 08, 2022 2:06 pm 
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He better file that 13D when he goes after GM and Ford. :wink:

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 Post subject: Re: Elon musk
PostPosted: Thu Apr 14, 2022 7:37 am 
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Announced he is going to buy Twitter for $43B. Interesting that the initial headline on Bloomberg said "Elon Musk Launches $43 Billion Hostile Takeover of Twitter" and then was changed to "Elon Musk makes $43 billion unsolicited bid to take Twitter private." Funny to see all these idiots getting their panties in a bunch, afraid of what he will do.

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 Post subject: Re: Elon musk
PostPosted: Thu Apr 14, 2022 7:55 am 
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I am not a Twitter guy so fill me in on Musk's problems with it? He does not want any censorship or ads? No ads does he expect people to subscribe?

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 Post subject: Re: Elon musk
PostPosted: Thu Apr 14, 2022 7:58 am 
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pittmike wrote:
I am not a Twitter guy so fill me in on Musk's problems with it? He does not want any censorship or ads? No ads does he expect people to subscribe?


It's amusing to me that people who live and die on Twitter are worried about this.


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 Post subject: Re: Elon musk
PostPosted: Thu Apr 14, 2022 8:01 am 
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Jaw Breaker wrote:
Announced he is going to buy Twitter for $43B. Interesting that the initial headline on Bloomberg said "Elon Musk Launches $43 Billion Hostile Takeover of Twitter" and then was changed to "Elon Musk makes $43 billion unsolicited bid to take Twitter private." Funny to see all these idiots getting their panties in a bunch, afraid of what he will do.


If they don’t like what he would do with pRiVaTe BuSiNeSs they can go out and make their own twitter . I believe theyd agree that’s what the solution is .

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 Post subject: Re: Elon musk
PostPosted: Thu Apr 14, 2022 8:08 am 
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 Post subject: Re: Elon musk
PostPosted: Thu Apr 14, 2022 8:08 am 
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Caller Bob wrote:
Is Trump back on Twitter yet?

This seems like information you could easily look up yourself.

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