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If Elon musk wasn't Rich, he would be considered a Fuck Up

By Tenpoundbass follow Tenpoundbass   2022 May 13, 6:29am 658 views  51 comments           share      

He falls up and everyone thinks he's great.

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12   NuttBoxer   2022 May 13, 10:28am  

socal2 says
Clueless:

- Tesla is making industry highest margins per car manufactured (with no EV credits)
- Tesla has unbelievable demand and is sold out for the year - despite spending nothing on advertising and marketing
- Tesla just opened 2 of the largest and most advanced manufacturing facilities on the planet (Austin and Berlin)
- Tesla has virtually no debt


Seriously man? Tesla has never, EVER turned a profit. Strip away all their green government subsidies, and they are broke, and highly indebted. Or do you consider government welfare legitimate profit?
13   NuttBoxer   2022 May 13, 10:29am  

Patrick says

He's clearly doing something right. No one gets to be the richest guy in the world by accident.


Yep, it's called being an insider...

14   socal2   2022 May 13, 10:45am  

NuttBoxer says
Seriously man? Tesla has never, EVER turned a profit. Strip away all their green government subsidies, and they are broke, and highly indebted. Or do you consider government welfare legitimate profit?


Not true.

Tesla been turning major profits WITHOUT credits for over a year now and their Orders and Sales numbers are on an exponential growth curve trajectory now with the new factories coming on line. Every car manufacturer was given the same EV subsidies that Tesla got.

https://www.theverge.com/2022/4/20/23031976/tesla-q1-earnings-profit-elon-musk?source=patrick.net
https://www.theverge.com/2021/7/26/22594778/tesla-q2-2021-earnings-revenue-profit-credits-emissions-bitcoin?source=patrick.net

Despite building 2 new factories, Tesla has virtually no debt or legacy Pension liabilities that all of the other OEM's are saddled with.

Tesla can build their cars in under 10 hours using their new gigapress technology while Volkswagen takes 30+ hours.
15   Ceffer   2022 May 13, 10:50am  

The Woo claims Musk is another dynastic kid elevated to be the face of an underlying shadow industrial edifice, pretty much like Gates and ZuckFuck. Werner von Braun's child, perhaps? Nazis need some cheerleader for their tech accomplishments since WWII ratlining?

Whether he thinks the Globalistas have overplayed their hand and has negotiated a white hat settlement is the question.
16   Tenpoundbass   2022 May 13, 11:50am  

Also another reason he could be walking away leaving a billion dollars on the table for now. So he can come back after he destroys the value of Twitter to 20 million from 40 billion.
Not so cheap another rich do-gooder would want it, but cheap enough to save him 10 billion dollars.
17   Hircus   2022 May 13, 1:20pm  

He might be strategizing. He knows the tech crash is upon us, and might feel he can use the "unexpected" number of bots to argue that his prior bid was too high.

Losing 1B to renegotiate is chump change compared to maybe saving 10-20% of 45B or w/e he bid.
18   Eric Holder   2022 May 13, 1:31pm  

That is losertalk, my friends.
19   DooDahMan   2022 May 13, 1:37pm  

Elon Musk can tweet anything he likes, because he’s Elon Musk, and he’s buying Twitter, and free speech is awesome. What he can’t do is make false tweets true.

Keep in mind that Musk is a lying liar who lies, a documented serial hyperbolist, a free-wheeling fabulist and also a person who says things that are not true, routinely.

So let’s answer a few questions you might have:

Can Musk put the Twitter deal on hold?

Can Musk say things like this without getting in trouble with the SEC or Twitter?

Did Musk disparage Twitter?

Is Musk trying to get out of the deal?

Is Musk going to get in trouble for this tweet?

The parties that might take action are Twitter investors, particularly those who sold their shares on the basis of his “on hold” statement. If the stock rebounds, they might argue that Musk caused them to take a loss based on misleading information.

The problem with that is that Musk could argue, as he did in his 2019 “pedo guy” defamation trial, that he’s just an “idiot,” and that any sensible investor would understand that he was bound by his agreement with Twitter and couldn’t actually put the deal on hold. It’s kind of like when he asked Twitter users to vote on whether he should sell some of his Tesla stake when he had actually planned the sale months before.

You can’t ignore what Musk says, but you don’t have to believe it either.

https://www.protocol.com/elon-musk-twitter-deal-pause?source=patrick.net
20   Ceffer   2022 May 13, 1:54pm  

Trump cracks me up:

Did Trump contemplate a buy out of Twitter already and figured out it was a bad deal?
21   clambo   2022 May 13, 1:56pm  

I don’t think Tesla is so great.
Nobody’s moving to Mars.
Tunnels aren’t new.
Twitter is a waste of money.

But, I think the reusable rocket is interesting as is satellite internet service.

Musk is a government contractor like Lockheed and Boring. They can get rich.

I must check out Truth social sometime.
22   Ceffer   2022 May 13, 1:58pm  

So, Elon's stalled bid (he wants now to check the five percent fake account claims of the Tweet Lords before investing) mean the whole venture was a controlled opposition head fake?

Five percent? Maybe intel agency propaganda bot claques amounting to 50 percent would be more like it.
23   WookieMan   2022 May 13, 3:22pm  

richwicks says
If you want to reduce energy consumption, cars should be limited to be about 500 lbs or below.

I agree with most of your takes Rich, but this is patently false. I need/have to tow stuff. That's not happening with a 500lbs car.

I also give no shits about the environment. There's no obvious change I've observed in my 39 years of life. Barrier islands in the Panhandle of FL have had no visible change in land mass since I've been alive. We're talking glorified sand bars and they haven't changed.

I agree that EV's pollute just as much. The only thing they're good for is reduced noise pollution and a feel good for people that think they're doing the right thing. 500 lbs cars though are not going to be a thing. I'll buy a horse before that.
24   WineHorror1   2022 May 13, 3:26pm  

I think I remember some Patnetters saying they bought Twitter stock recently. Are you HODLing or selling now?
25   EBGuy   2022 May 13, 8:12pm  

WineHorror1 says
I think I remember some Patnetters saying they bought Twitter stock recently. Are you HODLing or selling now?

Maybe it's time to double down: Twitter freezing hiring and cutting costs as execs depart
26   AmericanKulak   2022 May 13, 8:53pm  

DooDahMan says
Keep in mind that Musk is a lying liar who lies, a documented serial hyperbolist, a free-wheeling fabulist and also a person who says things that are not true, routinely.


You got confused with Bill Gates, I think.
27   AmericanKulak   2022 May 13, 8:55pm  

Falcon makes money and costs a fraction of Legacy Griftheed-Fartin rockets. Even rock-bottom priced Soyuz can't compete, nor Ariane with the EUsubsidies.

Starlink is already online and is putting several legacy satellite providers into bankruptcy. Hughes for one. I'm sure other deeply US Taxpayer subsidized Ace Tomato Company /distant rural agra whinger facilitators.

Next up will be the 4/5G scams where you only get 100Gb/month for $50+ from DeutscheTelekom ("T-Mobile") and AT&T.
28   richwicks   2022 May 14, 8:41am  

Ceffer says
Did Trump contemplate a buy out of Twitter already and figured out it was a bad deal?


Trump has investors in his own company. It's his fiduciary duty to promote it.

Twitter has always been a BS company.
29   richwicks   2022 May 14, 8:52am  

WookieMan says
I agree with most of your takes Rich, but this is patently false. I need/have to tow stuff. That's not happening with a 500lbs car.


Well, you're an exception.

I don't have a problem with that, I'm pointing out that the VAST majority of vehicles are extremely wasteful.

WookieMan says
I also give no shits about the environment. There's no obvious change I've observed in my 39 years of life.


I think you want to rephrase that. I think you mean you DO give a shit about the environment, but you don't believe the propaganda about it - neither do I. Plastic in the woods doesn't sit there for 1000 years. An oil slick in a lake doesn't stay there forever. We're not causing a global climate catastrophe. I agree.

WookieMan says
500 lbs cars though are not going to be a thing. I'll buy a horse before that.


It's inevitable. It won't be any worse or more dangerous than a vehicle of today. It just doesn't make sense to drive around a 3,000 lb car to get to and from work. You're not going to be hauling sod around with it, but most people don't have to ever do that.
30   NuttBoxer   2022 May 14, 10:12am  

socal2 says
Not true.

Tesla been turning major profits WITHOUT credits for over a year now and their Orders and Sales numbers are on an exponential growth curve trajectory now with the new factories coming on line. Every car manufacturer was given the same EV subsidies that Tesla got.


I looked at their most recent earnings statement with the SEC, looks like I was wrong. Still...
https://www.businessinsider.com/tesla-earnings-profit-bitcoin-regulatory-emissions-credit-sales-elon-musk-2021-4?r=US&IR=T
31   NuttBoxer   2022 May 14, 10:14am  

AmericanKulak says
You got confused with Bill Gates, I think.


Easily done given their from the same club, and share so many similarities.
32   BoomAndBustCycle   2022 May 14, 10:27am  

socal2 says

I bought a few more Tesla shares this week. I plan on hanging on to them for at least 10+ years.

I expect over 50% of the traditional auto OEM's will be out of business within 10 years or will have license deals with Tesla to supply them with their batteries, software and motors.


The problem is the real money in Tesla has already been made. pre split adjusted when it was about $30 share. Although buying in October 2013 and selling in may 2019 would have net you zero profit. It shows how unlucky or lucky you can be in the market. When they were actually able to mass produce model 3s at a significant level people realized this stock was a viable company.

It also helps to not really update your cars style often… and sell it with pretty bare with a giant touchscreen. Allows margins to be pretty good and easy to mass produce.

I’m personally getting bored of seeing white Tesla model 3s. They are everywhere in CA. For Tesla to be successful the roads will be a sea of white bubbles.
33   WineHorror1   2022 May 14, 10:57am  

BoomAndBustCycle says
For Tesla to be successful the roads will be a sea of white bubbles.

I think Tesla's are ugly. They can't find a design that inspires more emotional satisfaction?
34   Hircus   2022 May 14, 11:26am  

Eric Holder says
That is losertalk, my friends.


Compelling argument.

Someone is obviously mad and seeking revenge. lol.
35   Eman   2022 May 14, 2:17pm  

This sums up this thread:

“When you're dead, you don't know you're dead. The pain is only felt by others. The same thing happens when you're stupid.”
36   richwicks   2022 May 14, 2:33pm  

Eman says

This sums up this thread:

“When you're dead, you don't know you're dead. The pain is only felt by others. The same thing happens when you're stupid.”


Stupidity and gullible are rewarded.

Why do people still use Twitter? They KNOW it's promoting propaganda, they KNOW it's filled with bots, they KNOW that there's political censorship.

But people still use it. They BEG them to stop the censorship. There's alternatives, but they won't seek them out.

Midwits are in control.

I miss the 1990's. Such a company would have been abandoned and burned to the ground in a few months.

One good thing about the underground, is less midwits. There's a few here, but it's not as agonizing as major sites.
37   HunterTits   2022 May 14, 2:52pm  

Patrick says

He's clearly doing something right. No one gets to be the richest guy in the world by accident.


Royalty? Ppl born with the last names like Westinghouse, Ford, Disney, Rockefeller, Vanderbilt and nowadays Gates?
38   HunterTits   2022 May 14, 2:58pm  

richwicks says
A machine is far superior to any animal on Earth for visualization.


Absolutely not true. The vision problem is what is keeping advanced robotics from exploding onto the scene.

LIDAR can not discern between a mannequin propped up on the edge of the sidewalk or a real person about to step out into the street.

Visualization is not just about the data gathering. It is about discerning WTF the data is really telling you or not.
39   HunterTits   2022 May 14, 3:01pm  

socal2 says
Tesla can build their cars in under 10 hours using their new gigapress technology while Volkswagen takes 30+ hours.


Whoop-ti-doo.

Same process that will require the entire car being written off from accidents that are economically repairable with cars built more traditionally.
40   HeadSet   2022 May 14, 3:49pm  

socal2 says
esla can build their cars in under 10 hours using their new gigapress technology while Volkswagen takes 30+ hours.

Interesting. In 1914 it only took 93 minutes to assemble a new Model T.

https://detroithistorical.org/learn/encyclopedia-of-detroit/model-t#:~:text=Ford%E2%80%99s%20new%20Highland%20Park%20assembly%20plant%20began%20producing,as%20it%E2%80%99s%20black%E2%80%9D%20was%20true%20only%20after%201913.
41   HeadSet   2022 May 14, 3:57pm  

HunterTits says

Patrick says

He's clearly doing something right. No one gets to be the richest guy in the world by accident.


Royalty? Ppl born with the last names like Westinghouse, Ford, Disney, Rockefeller, Vanderbilt and nowadays Gates?

None of the decedents of those guys were the "Richest Man in The World." Moot anyway, since Musk did not inherit his wealth.
42   SunnyvaleCA   2022 May 14, 4:44pm  

richwicks says
I miss the 1990's. Such a company would have been abandoned and burned to the ground in a few months.

Hmm... maybe the early 1990s, but the late-90s was prime time for useless companies and hopeless business ideas. Remember Pets.com with the multi-million-dollar Super Bowl ad featuring sock puppets advertising dog food for sale delivered to your door for less than the cost of the dog food (not to mention free shipping)? Who knows how long that would have continued if not for the 2000/2001 bubble bursting.
43   SunnyvaleCA   2022 May 14, 5:14pm  

Just remember, when the woke mob comes for you, give your wholehearted support for Elon Musk, the richest person in the world and an African-American immigrant.
44   AmericanKulak   2022 May 14, 5:30pm  

Pets.com was ahead of it's time. Look at Doordash and Uber Eats that takes crap you could pick up in 15 minutes or make yourself for a helluva lot more.

I stopped going to Franchises because they put the lazy sods who order on their smartphone ahead of customers waiting in the actual lobby.
45   Patrick   2022 May 14, 5:46pm  

I also find that annoying.

Also, when there are customers waiting, the clerks should not be answering the phone ahead of people waiting right in front of them.
46   Tenpoundbass   2022 May 14, 6:51pm  

Ceffer says
Did Trump contemplate a buy out of Twitter already and figured out it was a bad deal?


Trump is said to have talked Elon into buying Twitter. Your comment makes sense now. Trump could have contemplated buying it, but knew it would have brought the full might of the weaponized DOJ and Courts on his head. So he could have talked to other billionaires to buy it, to put the TDS hate machine in a mental trap, trying to justify stopping Elon Musk from buying it. "Not every can be Hitler" as it were. In the end they couldn't justify why they would object to Elon buying it, but not Jeff Bezos.
47   RWSGFY   2022 May 14, 7:12pm  

Ceffer says

Trump cracks me up:

Did Trump contemplate a buy out of Twitter already and figured out it was a bad deal?


Does Trump have $44B lying around?
48   NuttBoxer   2022 May 14, 7:12pm  

The thing with Tesla is the same thing with Musk. It all sounds good and looks flashy, but when you get down to it, all you've got is a bunch of hype. Electric vehicles, not just Tesla's, but all of them, are impractical, inefficient, and wreck the environment. On top of that, Tesla's spy on you with Gates/Google like precision, and allow the company, or the government to shut your car down whenever they feel like it. It's a model with no future.

Musk talk's freedom, but supports the NWO. He "sounds" good like Bernie Sanders sounds good. But his reality is neural nets, one world government, carbon tax's, and fucking everyone in the ass.
49   NuttBoxer   2022 May 14, 7:15pm  

HeadSet says
Moot anyway, since Musk did not inherit his wealth.


Sure, every poor kids dad owns an emerald mine in Africa. He didn't inherit it the same way Gates and Zuckerberg didn't.
50   Hircus   2022 May 16, 12:15pm  

Hircus says

He might be strategizing. He knows the tech crash is upon us, and might feel he can use the "unexpected" number of bots to argue that his prior bid was too high.

Losing 1B to renegotiate is chump change compared to maybe saving 10-20% of 45B or w/e he bid.


heh, I might be right.

"Musk Says Twitter Deal at Lower Price Is ‘Not Out of the Question’"
https://www.bloomberg.com/news/articles/2022-05-16/musk-says-twitter-bots-likely-account-for-at-least-20-of-users
51   WookieMan   2022 May 16, 12:50pm  

HeadSet says
Interesting. In 1914 it only took 93 minutes to assemble a new Model T.

Being sarcastic, but there's a reason you don't see many Model T's on the road now.

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