Elon Musk's epic bacon adventures

[Redlambs]

I think the cultish following bizarre, but equally I find people's need to deride his company's acievements because he didn't singlehandedly design and build every component in the SpaceX rockets strange.

He's clearly an extremely talented businessman with great vision who is able to put together and motivate excellent teams and drive these advances. He's also obviously an attention-seeking, moany tax-dodging manchild with it.

This whole thread is strange.

Oh he's definitely incredibly good at what he does, no doubt about that at all. Whilst not being the brains behind the actual ideas his fans seem to think he is, he's certainly the driving force and they wouldn't be doing the things they do without his vision.

The cult around him is what I find weirdest. As I say, there are strong parallels with those who worship Trump.

 

[NotThatSoph]

 

[Mike Smalling]

 

[unchanged_lineup]

Good summary. His achievements are clearly impressive, but if you can’t couple it with being just a half-decent person, then you are not worthy of a fraction of the worship he gets from his fanboys.

Or create a safe workplace and pay your workers properly.

 

[VorZakone]

 

[Iker Quesadillas]

If Musk manages to fullfil his greatest dream and really be the driving force and maybe single most responsible person for making us a inter-planetary species by creating permanent settlements on the Mars, will you still laugh about this comparison?

We are not creating permanent settlements on Mars. And if we somehow do, this guy is not going to be the single most responsible person for it.

 

[BayernFan87]

 

[entropy]

 

[Mr Pigeon]

Do you really expect Musk to know the ins and outs of his companies and everything going on with them? You can't put the blame on him for this.

Anyway, back to solely praising Musk for everything his companies achieve...

 

[Raoul]

 

[horsechoker]

 

[Revan]

I think this was expected. Will most likely bring down the stock (temporarily) if it really gets adopted.

 

[Sweet Square]

 

[Suedesi]

Beautiful :-)

 

[Suedesi]

Elon is the greatest human being on Earth, I don't know why you plebs can't recognize it.

Ducks to buy some $TSLA strangles

 

[sun_tzu]

Friends .... Nah i call bullshit

 

[Raoul]

Elon is the greatest human being on Earth, I don't know why you plebs can't recognize it.

Ducks to buy some $TSLA strangles

The stock is as erratic as his personality. Imagine where it would be if he was half way normal.

 

[SirAF]

For some reason I just watched an interview with Musk for the first time. He’s obviously a talented guy, but he’s certainly not a great speaker! I found it almost unwatchable.

 

[Suedesi]

The stock is as erratic as his personality. Imagine where it would be if he was half way normal.

1/100 of where it is now?

This was a decent read

https://archive.ph/GzB5h

 

[Suedesi]

This looks ominous for Tesla tonight

 

[Raoul]

1/100 of where it is now?

This was a decent read

https://archive.ph/GzB5h

Are you suggesting the stock is only where it is because Musk is eccentric and unpredictable ? That's very bad news for shareholders if true.

I remember a couple of years ago when Goldman or one of the IBs assessed it as a $200 stock, which appeared more realistic given their market share.

 

[NotThatSoph]

Beautiful :-)

Unironically maybe my best work.

 

[sebsheep]

Is he even paying keep?

 

[Suedesi]

Are you suggesting the stock is only where it is because Musk is eccentric and unpredictable ? That's very bad news for shareholders if true.

I remember a couple of years ago when Goldman or one of the IBs assessed it as a $200 stock, which appeared more realistic given their market share.

I'm suggesting the stock would not be where it is had it not been for Elon.

Goldman says $200, Cathie Wood says $4600 - what do I know

I'm just buying puts...

 

[Mihai]

As far as I understand the vision basically consists of two parts:
1. Connect major cities to enable travel and cargo transports at far greater speeds
2. Building tunnel systems beneath huge cities to shift some traffic below the surface

Would you say current subway systems are a good thing and help reducing traffic on the streets? If yes, I can't see how you say that a Hyperloop network wouldn't have any benefits.

But for me the even bigger part is that it has the potential to make domestic flights obsolete and thus playing a significant part in reducing carbon emissions.
Just a german example: A flight from Munich to Berlin takes about 1 hour. Going by train takes 6 hours. Of course many people take a flight. If there would be a Hyperloop connection taking ~2 hours, I don't think anybody would decide to take the flight anymore.

I don't think you understand the potential issues with hyperloop, and there're a lot of them. Elon as well as Virgin gave up on the idea. The best they could come up with was a 1 mile long tube that is now not used and rusting.

 

[Mihai]

I think the cultish following bizarre, but equally I find people's need to deride his company's acievements because he didn't singlehandedly design and build every component in the SpaceX rockets strange.

He's clearly an extremely talented businessman with great vision who is able to put together and motivate excellent teams and drive these advances. He's also obviously an attention-seeking, moany tax-dodging manchild with it.

This whole thread is strange.

I don't think many people have issues with his entrepreneurial achievements, but rather, as you point out with him being a manchild. What made me change my opinion about him was the "paedo naming" incident.

 

[Suedesi]

Tesla Posts Record Profit

Tesla Inc. TSLA -4.96% reported record quarterly profit as consumers snap up the company’s electric vehicles, though production disruptions in China and inflationary pressures signal a bumpier road ahead.

The auto maker said first-quarter sales jumped roughly 80% to $18.76 billion, generating a profit of $3.32 billion. Wall Street expected the company to report roughly $2.2 billion in first-quarter profit on around $17.7 billion in sales, according to analysts surveyed by FactSet.

The world’s largest car company by value is recovering from a shutdown at its Shanghai factory, where work was suspended March 28 because of strict government measures meant to slow the spread of Covid-19.

The closure, which dented first-quarter output, is likely to take a bigger toll in the second quarter, reducing the company’s output by roughly 90,000 vehicles, Credit Suisse forecast. That estimate assumes the factory, which had become Tesla’s largest by output, will be operating at reduced levels in the coming weeks.

Tesla, which made roughly 930,000 vehicles last year, is aiming to boost production by an average of 50% annually. However, the company said its factories likely would continue operating below capacity through 2022, due, in large part, to supply chain bottlenecks.

Tesla delivered around 310,000 vehicles globally in the first quarter, up from 184,877 a year earlier and 308,650 in the fourth quarter. Chief Executive Elon Musk tweeted earlier this month that supply chain interruptions and China’s Covid-19 measures had made the period exceptionally difficult.

Stock's up 4% After Hours

 

[Sweet Square]

Is he even paying keep?

I bet he pays it with NFTs

Friends .... Nah i call bullshit

 

[Amar__]

The world’s largest car company by value is really ridiculous stuff. By predicted future value, by stock value, etc., would maybe make some sense, but they are not worth anyhwere near the likes of Volkswagen, Merc, who have probably ten times biggest value in terms of factories value, sales, etc.

Btw:



Looks like something they would make in local garage in 3 months time
I must congratulate Elon on this though, how he managed to sell this prank of a car to many people around the world is quite an achievement. I bet you this was his proper WUM, and he did it.

 

[Revan]

The world’s largest car company by value is really ridiculous stuff. By predicted future value, by stock value, etc., would maybe make some sense, but they are not worth anyhwere near the likes of Volkswagen, Merc, who have probably ten times biggest value in terms of factories value, sales, etc.

Btw:



Looks like something they would make in local garage in 3 months time
I must congratulate Elon on this though, how he managed to sell this prank of a car to many people around the world is quite an achievement. I bet you this was his proper WUM, and he did it.

By value literally means the stock value times number of stocks.

Which is the most objective way of measuring a company’s value.

 

[Amar__]

By value literally means the stock value times number of stocks.

Which is the most objective way of measuring a company’s value.

Except it's not.

 

[Revan]

Except it's not.

Of course it is. Anything else is completely subjective, while this is objective (as in, the value of a company is as much as what people are willing to pay for it).

 

[Mr Pigeon]

The world’s largest car company by value is really ridiculous stuff. By predicted future value, by stock value, etc., would maybe make some sense, but they are not worth anyhwere near the likes of Volkswagen, Merc, who have probably ten times biggest value in terms of factories value, sales, etc.

Btw:



Looks like something they would make in local garage in 3 months time
I must congratulate Elon on this though, how he managed to sell this prank of a car to many people around the world is quite an achievement. I bet you this was his proper WUM, and he did it.

I really wouldn't want to get hit by one of those, as opposed to the nicer and more rounded piles of metal smashing into your bones as high speed.

 

[Amar__]

Of course it is. Anything else is completely subjective, while this is objective (as in, the value of a company is as much as what people are willing to pay for it).

So, you think objective buyer would rather buy Tesla than Volkswagen if he was offered both for same money? Would you do it?

 

[sebsheep]

The world’s largest car company by value is really ridiculous stuff. By predicted future value, by stock value, etc., would maybe make some sense, but they are not worth anyhwere near the likes of Volkswagen, Merc, who have probably ten times biggest value in terms of factories value, sales, etc.

Btw:



Looks like something they would make in local garage in 3 months time
I must congratulate Elon on this though, how he managed to sell this prank of a car to many people around the world is quite an achievement. I bet you this was his proper WUM, and he did it.

I do generally like odd looking cars but that one is horrible.
Have they sorted the windows yet?

 

[nimic]

https://online.hbs.edu/blog/post/how-to-value-a-company

Someone should tell that nerd there's only one objective way, not six.

 

[Revan]

So, you think objective buyer would rather buy Tesla than Volkswagen if he was offered both for same money? Would you do it?

Of course I would do that. Pretty much any rational investor would do so.

 

[Fridge chutney]

The world’s largest car company by value is really ridiculous stuff. By predicted future value, by stock value, etc., would maybe make some sense, but they are not worth anyhwere near the likes of Volkswagen, Merc, who have probably ten times biggest value in terms of factories value, sales, etc

A sizeable portion of Tesla's value is in its battery technology.

 

[SirAF]

https://online.hbs.edu/blog/post/how-to-value-a-company

Someone should tell that nerd there's only one objective way, not six.

 

[Balljy]

A sizeable portion of Tesla's value is in its battery technology.

I've seen that said before, but as far as I can tell Panasonic & LG make Tesla batteries. I've seen reports that they may bring it in-house in the future, but for now they're made externally I think.