Elon Musk's epic bacon adventures

I can't tell for sure if these kinds of posts are ever serious but it seems like some people do take them serious. You don't give away money to save on taxes, nobody does, that'd be insane.
As an accountant I can guarantee people do.
 
Watch Elon's earliest videos/interviews and you see a man possessed to succeed in building Tesla and SpaceX. These were by no means slam dunks, in fact after 2008, he went all or nothing and was months from running out of money. Elon took massive risks and displayed massive cojones and perseverance to be where it's at.

He's trolling on Twitter, but let's get real 99.999% of people criticizing him won't accomplish a fraction of what Elon did. Some perspective is needed by all the keyboard critics.
 
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Watch Elon's earliest videos/interviews and you see a man possessed to succeed in building Tesla and SpaceX. These were by no means slam dunks, in fact after 2008, he went all or nothing and was months from running out of money. Elon took massive risks and displayed massive cojones and perseverance to be where it's at.

He's trolling on Twitter, but let's get real 99.999% of people criticizing him won't accomplish a fraction of what Elon did. Some perspective is needed by all the keyboard critics.

So you're immune from criticism/mockery if you're very good at making money?
 
And a lot of what he made was subsidized by govs and still continues to be. Maybe it's time to give a little back? Just pay his fair share of goddamn taxes and shut the hell up.

The Elon of 15 years ago and today seem very different personas. Maybe because, as others have mentioned, he is so rich he no longer cares if people realise he's an asshole.

He now has a cult of personality that will support him and prop him up regardless. Everyday I find less and less to be hopeful about humanity.
 
Watch Elon's earliest videos/interviews and you see a man possessed to succeed in building Tesla and SpaceX. These were by no means slam dunks, in fact after 2008, he went all or nothing and was months from running out of money. Elon took massive risks and displayed massive cojones and perseverance to be where it's at.

He's trolling on Twitter, but let's get real 99.999% of people criticizing him won't accomplish a fraction of what Elon did. Some perspective is needed by all the keyboard critics.
This is true, only 0.001% of people would pretend to have created a company when they didn't.
 
And a lot of what he made was subsidized by govs and still continues to be. Maybe it's time to give a little back? Just pay his fair share of goddamn taxes and shut the hell up.

The Elon of 15 years ago and today seem very different personas. Maybe because, as others have mentioned, he is so rich he no longer cares if people realise he's an asshole.

He now has a cult of personality that will support him and prop him up regardless. Everyday I find less and less to be hopeful about humanity.
It’s weird like Trump weirdness. These people could literally shit on your head and there’d be an excuse made up
 
He's trolling on Twitter, but let's get real 99.999% of people criticizing him won't accomplish a fraction of what Elon did. Some perspective is needed by all the keyboard critics.

This is a silly argument. Donald Trump is a very successful businessman, and he became president, does that mean we should just ignore what he says and does as "trolling on Twitter"? There are very real criticisms to be made of Elon Musk, and I'm not sure why you feel the urgent need to defend him to such a degree.

If you were defending and explaining the contents of the criticism, that would be one thing, but you're somehow just trying to shield him from criticism overall, with your accusation of "keyboard critics".
 
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This is a silly argument. Donald Trump is a very successful businessman, and he became president, does that mean we should just ignore what he says and does as "trolling on Twitter"? There are very real criticisms to be made of Elon Musk, and I'm not sure why you feel the urgent need to defend him to such a degree.

If you were defending and explaining the contents of the criticism, that would be one thing, but you're somehow just trying to shield him from criticism overall, with your accusation of "keyboard critics".
Seemingly @Suedesi's whole world view revolves around money, so it's not really surprising that he's got a horn for Musk.
 
Watch Elon's earliest videos/interviews and you see a man possessed to succeed in building Tesla and SpaceX. These were by no means slam dunks, in fact after 2008, he went all or nothing and was months from running out of money. Elon took massive risks and displayed massive cojones and perseverance to be where it's at.

He's trolling on Twitter, but let's get real 99.999% of people criticizing him won't accomplish a fraction of what Elon did. Some perspective is needed by all the keyboard critics.

What is it that makes you feel like you have to defend him?
 
Because Tesla’s stock keeps rising, Musk is now $70 billion richer than Bezos. He’s actually worth more than Gates and Zuckerberg combined.

Which tells you everything you need to know about how Tesla stocks are the most ridiculously overpriced stocks in history, all due to Elon and his antics gaining him a cult-like following.
 
Which tells you everything you need to know about how Tesla stocks are the most ridiculously overpriced stocks in history, all due to Elon and his antics gaining him a cult-like following.
I dunno - the value if a stock is determined by the market and I think most shares are owned by Musk / financial institutions - and you would think their buying decisions are not made on musks followers

I thin Vanguard and Blackrock are among the companies invested who increased holdings recently for example

Personally Im not sure how thery arrived at the valuation (presumably they think the vertical integration and head start in battery tech is worth what seems to be a hefty premium but I dont think its musks antics and clut like following thats driving their decisions)
 
I dunno - the value if a stock is determined by the market and I think most shares are owned by Musk / financial institutions - and you would think their buying decisions are not made on musks followers

I thin Vanguard and Blackrock are among the companies invested who increased holdings recently for example

Personally Im not sure how thery arrived at the valuation (presumably they think the vertical integration and head start in battery tech is worth what seems to be a hefty premium but I dont think its musks antics and clut like following thats driving their decisions)

The valuation is partly based on Musk’s persona and partly on the fact that Teslas are one of the most popular EVs in the world, with their own unique charging infrascuture, and at at time when the entire planet is playing catch up to what Tesla has done. This is before we get to expectations that he will release the "affordable" Tesla Model 2 in a year or two, which when coupled with the charging infrascuture, would result in Tesla mass producing an EV that can be used on its supercharging network. All of this is happening in an industry that is about to massively blow up (in a good way). About 10% of his wealth is also from SpaceX.
 
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And a lot of what he made was subsidized by govs and still continues to be. Maybe it's time to give a little back? Just pay his fair share of goddamn taxes and shut the hell up.

The Elon of 15 years ago and today seem very different personas. Maybe because, as others have mentioned, he is so rich he no longer cares if people realise he's an asshole.

He now has a cult of personality that will support him and prop him up regardless. Everyday I find less and less to be hopeful about humanity.
Still early days, but EVs are now starting to take over. One could argue it's been a success, no?

So what if he's an asshole. Loads of people are. I know quite a few, I'm sure you do as well.

At least a little ironic in a thread where 95% +/- is hate, hate, hate.
 
And a lot of what he made was subsidized by govs and still continues to be. Maybe it's time to give a little back? Just pay his fair share of goddamn taxes and shut the hell up.

The Elon of 15 years ago and today seem very different personas. Maybe because, as others have mentioned, he is so rich he no longer cares if people realise he's an asshole.

He now has a cult of personality that will support him and prop him up regardless. Everyday I find less and less to be hopeful about humanity.

I agree with this - being uber rich has gone to his head, and he comes across as a dick. But, it's not up to Elon to pay what you think is the fair share of taxes, he's got to pay what's the legal amount. If Congress determines it's too little, they have the power to adjust it and they should do it. Everything else is grandstanding by both Elon and Bernie.
 
Seemingly @Suedesi's whole world view revolves around money, so it's not really surprising that he's got a horn for Musk.

Huh? I'm sticking up for the guy that has created several businesses, employed thousands of people, done a lot to advance clean tech energy vs a bunch of fecking fossils in Congress that are grandstanding and talking out of their ass. Fück Bernie, the country voted for Biden - he and AOC need to feck off.
 
Still early days, but EVs are now starting to take over. One could argue it's been a success, no?

So what if he's an asshole. Loads of people are. I know quite a few, I'm sure you do as well.

At least a little ironic in a thread where 95% +/- is hate, hate, hate.

The trouble is that people can't seem to decouple the value of EVs with Musk's persona, and wind up attempting to belittle his work with Tesla as a means to discredit him. The easiest way to do that is to attack his public comments without getting into Tesla/SpaceX etc.
 
The trouble is that people can't seem to decouple the value of EVs with Musk's persona, and wind up attempting to belittle his work with Tesla as a means to discredit him. The easiest way to do that is to attack his public comments without getting into Tesla/SpaceX etc.

Agree. Ignore the money side of it, he's done pretty good and makes a lot of sense when speaking. His ideas and mind seem "one of a kind". That don't make him some guru, just a guy really, really worth listening to along with other really interesting and/or successful people.
 
Semantics aside, do you think Martin Eberhard and JB Straubel would have taken Tesla where it is now?
Impossible to know, it probably wouldn't have been as valuable.
From what I understand the car model progression is sort of what they'd planned anyway. Doubt they would have sent the car that was supposed to go to one if them into space though, or be driving round in a daft underground tunnel.

You are asking about a different point though. I didn't mention Musk staying away from Tesla, just about his power grab and rewriting of history.
 
Watch Elon's earliest videos/interviews and you see a man possessed to succeed in building Tesla and SpaceX. These were by no means slam dunks, in fact after 2008, he went all or nothing and was months from running out of money. Elon took massive risks and displayed massive cojones and perseverance the cavalier attitude that comes from someone with a massive financial safety net.

He's trolling on Twitter, but let's get real 99.999% of people criticizing him won't accomplish a fraction of what Elon did. Some perspective is needed by all the keyboard critics. boohoo people are being mean to the rich man.
This is all I saw from your post.
 
I've lost my respect for him when he made that pedo comment towards one of the divers. That's a very very very low thing to say to someone who helped rescue kids.
 
Huh? I'm sticking up for the guy that has created several businesses, employed thousands of people, done a lot to advance clean tech energy vs a bunch of fecking fossils in Congress that are grandstanding and talking out of their ass. Fück Bernie, the country voted for Biden - he and AOC need to feck off.

Why do they need to feck off? They're still doing good work.
 
Why do they need to feck off? They're still doing good work.

Because their proposal is a) insane and harmful to the economy b) rejected repeatedly at the polls by the majority of Muricans.

For point a), we are running at 6.2% official CPI inflation, which means the real figure is probably low double digits. Printing more money in this scenario is insane. We have been printing non-stop since March 2020, it's time to rein it in, this $10 Trillion agenda is insane. And b) Americans defeated Bernie at the polls and recently showed what they think of the Progressivist agenda, so time for them to take a hike.
 
Because their proposal is a) insane and harmful to the economy b) rejected repeatedly at the polls by the majority of Muricans.

For point a), we are running at 6.2% official CPI inflation, which means the real figure is probably low double digits. Printing more money in this scenario is insane. We have been printing non-stop since March 2020, it's time to rein it in, this $10 Trillion agenda is insane. And b) Americans defeated Bernie at the polls and recently showed what they think of the Progressivist agenda, so time for them to take a hike.

Lots of interesting stuff in your post!
First, his bill relied largely on taxation, rather than printing money. Not sure how much taxation is left in it after Manchin/Sinema opposed every type of tax, but then they also cut spending by more than half.
So, instead of your $10tn (which it never was), it's gone from 6tn (his opening bid) to 3.5tn (his compromise) to 1.5tn (now), and with a strong prospect of further cuts or total abandonment. So, if he gets his way, it's 15% of what you claimed, and it's over 10 years, and some of which is from new revenue rather than printed... you're playing *really* loose with numbers for a Wall Street guy!

Next, he, Manchin, Trump, Biden, all have constituencies. Trump lost but has not fecked off and is doing a good job of leading his constituency of energy companies, small business, religious people, and suburban and middle-aged/old people. Bernie too has a constituency which it's his job to represent (though I don't think he's doing a good job) - young people and unions. Manchin's constituency is West Virginia centrists, pharma companies, and coal mining companies and ex-workers. He is great at representing them. Sinema represents Arizona centrists, pharma, energy, and small business. Also a great leader for them.
Just because Trump lost, or because Bernie/Sinema/Manchin aren't the leader of their party, they should vanish? No, they represent permanent interests, larger than an election.
 
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Lots of interesting stuff in your post!
First, his bill relied largely on taxation, rather than printing money. Not sure how much taxation is left in it after Manchin/Sinema opposed every type of tax, but then they also cut spending by more than half.
So, instead of your $10tn (which it never was), it's gone from 6tn (his opening bid) to 3.5tn (his compromise) to 1.5tn (now), and with a strong prospect of further cuts or total abandonment. So, if he gets his way, it's 15% of what you claimed, and it's over 10 years, and some of which is from new revenue rather than printed... you're playing *really* loose with numbers for a Wall Street guy!

Next, he, Manchin, Trump, Biden, all have constituencies. Trump lost but has not fecked off and is doing a good job of leading his constituency of energy companies, small business, religious people, and suburban and middle-aged/old people. Bernie too has a constituency which it's his job to represent (though I don't think he's doing a good job) - young people and unions. Manchin's constituency is West Virginia centrists, pharma companies, and coal mining companies and ex-workers. He is great at representing them. Sinema represents Arizona centrists, pharma, energy, and small business. Also a great leader for them.
Just because Trump lost, or because Bernie/Sinema/Manchin aren't the leader of their party, they should vanish? No, they represent permanent interests, larger than an election.

Everything is from taxation, the only question is if it's from current taxation or future (i.e. borrowing). The Fed decides whether or not to print, and it's not to fund state expenditures.