Elon Musk ventures - Tesla - SpaceX - Boring Company - S3XY shorts

BigBone

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Jun 13, 2012
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Bye-bye SN7: watch the stainless steel 304L structure finally give in for pressure-test-planned-to-failure at 11:37:19 local time on live stream video:



Rather than an explosion, the bottom part (perhaps connecting to pad) gave in under enormous pressure (not yet shared by Elon), and SN7 just emptied its liquid nitrogen insides, tumbling leftward. Most of the tank is still intact and ropes held it down to prevent areal damage, so lessons learnt and probably onto SN5 tests.

 
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Bachafach^^^

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Dec 6, 2019
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New day, new accusations against Elon who wants to set the record straight: he did not, I repeat: did NOT have a threesome with Amber Heard and Cara Delevigne!



Have haters no shame? They may call him out on company practices, over-promising and under-delivering and spreading shit during Covid, but frankly, it's his fucking choice who he has nor has not threesomes with, I think even @ant-man agrees with me on this one. FFS have some respect for the poor man! :(

 

BigBone

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Jun 13, 2012
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Tesla stock turned 10 yesterday, and in a fitting celebration, it hit $1000 once more, closing at $187Bil market cap. Been a ride: Tesla was a small company with the Model S a decade ago and Model 3 had a multi-year production hell. It was also the most shorted stock in the US, tho short interest dropped significantly as many shorters went bankrupt in recent stock rise. All eyes and bets are on Q2 end results now, expected to end in quite a loss with limited production and deliveries cause of shutdowns, closedowns, distancing and economic downturn. All US car companies are looking to post an operating loss of billions and Tesla... may break even.

Elon went out of his ways pushing for last week deliveries in Europe (fresh batches of Model 3 arrived), China (high demand) and the US (only just this past few weeks demand picked up significantly, so much so Tesla Semi prototypes joined the transportation frenzy). Street consensus is 65k deliveries and a small loss which would be very respectable during Covid, but some investors are now predicting 75k to a miraculous 90k, which would mean Covid and depression barely scratched Tesla that is still production constrained.

Reason why eyes on Q2 is S&P 500 inclusion. If Tesla loses big money, shorters earn a good buck and Tesla can't join S&P 500 that requires 12 months profitability. However, if they make just 1 dollars of profit in Q2 (depending on deliveries, EV credit sales, SW and energy income), they are in, which is a solidifying position as a high-end stock with S&P 500 investors practically forced to buy. This would eliminate most of the shorters who would take massive losses once more, and some of them still predict stock to go back down to $200. :lol: They'll never learn. Delivery numbers out in 2-3 days, tho quarterly report in late July.
 
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Broxi

Literal Communist
Jul 24, 2012
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Another day another pointless hit piece on Tesla and Elon Musk from the media...

https://www.theguardian.com/business/2020/jun/30/tesla-shareholders-urged-to-oust-elon-musk-over-55bn-pay-deal

Tesla shareholders urged to oust Elon Musk over $55bn pay deal
Adviser Pirc says Musk’s pay and Twitter outbursts pose ‘serious risk of reputation harm to the company’

Tesla investors are being urged to vote to remove Elon Musk, the electric vehicle company’s founder and chief executive, from the board of the firm as anger mounts over his bonus deal that could pay him a record $55.8bn (£40bn).

Pirc, an influential adviser to shareholders, including the UK’s local authority pension funds, on Tuesday recommended that investors voted against Tesla’s executive pay deal because it “unfairly enriches the chief executive”.

Pirc said the deal had exposed the company to a lawsuit, alleging that: “The board, including CEO Elon Musk, awarded themselves excessive compensation packages over a three-year period that allegedly allowed directors to ‘enrich themselves at the company’s expense’.”

The shareholder adviser called on investors to vote against re-electing Musk to the board because of the pay deal, and warned he posed “a serious risk of reputational harm to the company and its shareholders”.

Pirc said Musk’s frequent controversial outbursts on Twitter had cost Tesla millions of dollars in settlements and also represented an “unnecessary reputational risk to the company”.
No mention that he hasn't taken any payment from Tesla in 3 years, that this isn't $55 billion deposited right into his bank account, that he'd need to sell off his share in the company to realise this money, that his pay was based on preset targets linked to share value or that it's a result of how successful he's been ... no no, just that some group is urging them to get rid of him because of his "outbursts" on Twitter.

Because apparently Elon doesn't say the kind of things these people like other people to say.

And then just to cap it off, they rehash a bunch of controversy from the past couple of years as justification why he shouldn't be fairly paid and ousted from the company he's built and is the recognised face of
 
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BigBone

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Jun 13, 2012
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Another day another pointless hit piece on Tesla and Elon Musk from the media...

https://www.theguardian.com/business/2020/jun/30/tesla-shareholders-urged-to-oust-elon-musk-over-55bn-pay-deal



No mention that he hasn't taken any payment from Tesla in 3 years, that this isn't $55 billion deposited right into his bank account, that he'd need to sell off his share in the company to realise this money, that his pay was based on preset targets linked to share value or that it's a result of how successful he's been ... no no, just that some group is urging them to get rid of him because of his "outbursts" on Twitter.

Because apparently Elon doesn't say the kind of things these people like other people to say.

And then just to cap it off, they rehash a bunch of controversy from the past couple of years as justification why he shouldn't be fairly paid and ousted from the company he's built and is the recognised face of
Some of these fools are worse than opportunistic shorters with every right to bet on stock downturn, while paying the price for their shitty prediction. These shareholders got filthy rich off Elon's back who single-handedly got this small startup running via personal fortune risked, his charisma brought all the major investors and production flying to IPO, and Tesla expanded to a multi-continent, multi-product giant with largest auto market cap from $17 to $1080 in 10 years with his vision, cross-Elon ventures tech, talent and and cross-advertising shared, filling investors pocket full with pure gold.

Every financial and product decision goes through him and his vision of sustained growth based on vertical integration and clarity in critical decision making in financial crisis, near bankruptcy and global pandemic, plus focus on tech that matters (battery, recycling, power train, self-driving, cross-platform integration) is now realized for this upcoming decade, probably joining the S&P500 in the middle of a freakin Covid pandemic. This potential "payday" is simply discounted share buying opportunity so he'd spending his own money on it instead of receiving cash, and $55B happens when Tesla reaches $1 Trillion. I think that's a fair stock compensation for something that was worth 10 million when Elon became CEO.
 
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Broxi

Literal Communist
Jul 24, 2012
9,996
10,103
Some of these fools are worse than opportunistic shorters with every right to bet on stock downturn, while paying the price for their shitty prediction. These shareholders got filthy rich off Elon's back who single-handedly got this small startup running via personal fortune risked, his charisma brought all the major investors and production flying to IPO, and Tesla expanded to a multi-continent, multi-product giant with largest auto market cap from $17 to $1080 in 10 years with his vision, cross-Elon ventures tech, talent and and cross-advertising shared, filling investors pocket full with pure gold.

Every financial and product decision goes through him and his vision of sustained growth based on vertical integration and clarity in critical decision making in financial crisis, near bankruptcy and global pandemic, plus focus on tech that matters (battery, recycling, power train, self-driving, cross-platform integration) is now realized for this upcoming decade, probably joining the S&P500 in the middle of a freakin Covid pandemic. This potential "payday" is simply discounted share buying opportunity so he'd spending his own money on it instead of receiving cash, and $55B happens when Tesla reaches $1 Trillion. I think that's a fair stock compensation for something that was worth 10 million when Elon became CEO.
Great Post!

It strips bare the myopic closed minded view of these people.

And it doesn’t even get to the benefits that this one man is bringing to humanity with his companies products and innovations.

Ive had this debate with DrMo in the past who for some reason refuses to accept the role that Tesla has played in taking EVs from niche underpowered, undesirable, unrealistic concepts to something that’s legitimately viable to own, highly desirable and state of the art vehicles, flipping the mindset of people from thinking they were underpowered to realising they blow any ICE vehicle away in terms of raw power.

Him claiming that a bunch of Jap, Chinese and Legacy Euro manufacturers were already well on their way to achieving this. Even though for most people on the street the name Tesla was synonymous with Electric Vehicles.

No baby steps for Tesla, it’s all in and it’s paying off massively.

Then you look across the range of his companies ... Solar Roof is a legit game changer, trust me if he can make that efficient and anywhere close to as cheap as a regular tile roof. The buyback for consumers would be a year or two, the effect on the requirement of power from national suppliers would be profound, it would recharge your Tesla... think of the impact this one product would have on the environment and society. Things people like Mo and The Guardian profess to care about ... really makes me wonder tbh.

Then there’s Boring Company and SpaceX, dudes bringing The Jetsons to life and he’s hated by so many in the media because why?
 
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ant-man

Prettay prettay prettayyy pretty good.
Jun 11, 2014
10,968
9,816
Round and about
Another day another pointless hit piece on Tesla and Elon Musk from the media...

https://www.theguardian.com/business/2020/jun/30/tesla-shareholders-urged-to-oust-elon-musk-over-55bn-pay-deal

Because apparently Elon doesn't say the kind of things these people like other people to say.

And then just to cap it off, they rehash a bunch of controversy from the past couple of years as justification why he shouldn't be fairly paid and ousted from the company he's built and is the recognised face of
Founder's syndrome. He'll be gone soon.
 

BigBone

Sugalowda!
Jun 13, 2012
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Founder's syndrome. He'll be gone soon.
Oh... lemme Google that...

"Founder's syndrome
is the difficulty faced by organizations where one or more founders maintain disproportionate power and influence following the effective initial establishment of the organization, leading to a wide range of problems. The passion and charisma of the founder sources of the initial creativity and productivity of the organization, become limiting or destructive factors."

You might be onto something, Elon's definitely destructive!

13322
 

ant-man

Prettay prettay prettayyy pretty good.
Jun 11, 2014
10,968
9,816
Round and about
Oh... lemme Google that...

You might be onto something, Elon's definitely destructive!
Crossfit is a $4 billion brand. Its owner Greg Glassman made a few contentious tweaks a couple of weeks ago. Nothing most people would think twice about but the Crossfit community is very touchy and politically correct. Within days he'd sold the company. He didn't want to, but he had no choice. If he'd hung on he would have got nothing, it's value was in freefall. A classic case of founder's sydrome.

Elon's a bit like Greg. They're geniuses but they can't help recklessly blurting things out.
 

BigBone

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Jun 13, 2012
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Crossfit is a $4 billion brand. Its owner Greg Glassman made a few contentious tweaks a couple of weeks ago. Nothing most people would think twice about but the Crossfit community is very touchy and politically correct. Within days he'd sold the company. He didn't want to, but he had no choice. If he'd hung on he would have got nothing, it's value was in freefall. A classic case of founder's sydrome.

Elon's a bit like Greg. They're geniuses but they can't help recklessly blurting things out.
Glassman sounds like a superb boxing nick.

Amir "Glassman" Khan
 

BigBone

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Jun 13, 2012
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Tesla smashes Q2 predictions with 90,650 deliveries, stock hits record $1200!


Damn Tesla is on a roll again, despite world economy going down the drain, Covid cases rising and Fremont plant closed for half of Q2. Street estimates ranged between 65k to 70k deliveries depending on the week, and 90,650 actual ones put those analysts to shame (Tesla Daily got extremely close).

To put this into perspective: GM and Ford look to lose 7 billion dollars together in the same quarter, while Tesla had its fourth best one tied with Q4 2018. They almost certainly break even (financial report comes next month), and there's a good chance they make a profit (solar energy, automated SW income and zero emission credit sales depending), waltzing into the S&P 500.

Tesla stock is trading at $1220 pre-market, up $100 or 9%.
 

BigBone

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Jun 13, 2012
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... and Tesla is entering the biomedical field, teaming up with German pharmaceutical company CureVac.

CureVac is pioneering messenger RNA medicines to treat cancers and rare diseases, develop antibody therapies and prophylactic vaccines, and more. They are working on an mRNA based Covid-19 vaccine and are developing automated mRNA production units with the help of Tesla Grohmann Automation, an engineering subsidiary also in Germany.

Elon calls these "RNA microfactories" and Reuters reports that Tesla will make these molecule printers. These are designed to be shipped to remote locations, where they can churn out its vaccine candidate and other mRNA-based therapies depending on the recipe fed into the machine. CureVac also has existing large factories should its Covid vaccine become successful and adopted.

 

BigBone

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Jun 13, 2012
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Lol @ Elon trolling shorters & SEC.


Juvenile but his social media actions are more calculated than ppl. give him credit for. Elon's against shorting the way it's allowed by the same Securities and Exchange Commission that fined Musk after a joke weed-Tweet of taking TSLA private at $420 (4/20 is an unofficial cannabis day he keeps referencing). He paid for it but pissed at the double standard of SEC allowing ppl. to take a short position, then go to TV / interwebs, defame Elon as smoke and mirrors, say stock will collapse and after of course stock moves down, they pocket the reward. Clear as day stock manipulation that is completely allowed by SEC, and yet Elon's Tweets are manipulative?

Which they might be, Elon tests his influence over his company's stock every now and then saying it's too high and shit like that, and yesterday alone trolling SEC (which is why some investors want him out) had a positive stock reaction, so hey, they might fine him again. But SEC then should be self-consistent and criminally investigate those defrauding the stock market by manipulation, only fair.
 
Jun 4, 2013
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... and Tesla is entering the biomedical field, teaming up with German pharmaceutical company CureVac.

CureVac is pioneering messenger RNA medicines to treat cancers and rare diseases, develop antibody therapies and prophylactic vaccines, and more. They are working on an mRNA based Covid-19 vaccine and are developing automated mRNA production units with the help of Tesla Grohmann Automation, an engineering subsidiary also in Germany.

Elon calls these "RNA microfactories" and Reuters reports that Tesla will make these molecule printers. These are designed to be shipped to remote locations, where they can churn out its vaccine candidate and other mRNA-based therapies depending on the recipe fed into the machine. CureVac also has existing large factories should its Covid vaccine become successful and adopted.
Molecule printer? WTF is that? Is he talking about PCR or something? Anyways, he isn't wrong that RNA/DNA is the future of medicine. Reason why I'm doing Python as a biomedical grad student. Really, it's just a string of letters. You can manipulate in silico then just add to a bacteria and express it as a protein. Create new therapeutics by literally scanning thousands and thousands to millions of genes that you could not do in the lab but in silico through AI.

I feel like I can be a one man laboratory if I get down machine learning and cloning when I finish my PhD. I'd be happy just figuring out machine learning, though. My mentor does say cloning is extremely simple that the undergrads just do it all day to help the other graduate students in the lab. I think the toughest technique he does is plant stem cells. I tried it a few times, and fuck me, contamination is ridiculous!
 
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