Elon Musk

Who he?

― Named locally as Tom D (Tom D.), Wednesday, October 31, 2012 12:40 PM (eleven years ago) bookmarkflaglink

if only we couldve turned back here

https://bsky.app/profile/hedlikeahole.bsky.social/post/3kkk3vebmq22a

$2 Frankenstein pork sac

azealia banks is very gifted at insults

its cannon that grimes smells like a roll of nickels

"the flaccid musings of this albino toad looking hangnail" lol. Pretty good board description of X.

tesla stock price starting to get interesting

is there some trigger for something or something

this was a good read https://bondangle.substack.com/p/tesla-moving-the-goalposts-works

its interesting, people myself and others, thought the real danger to tesla was the big car makers seriously getting into electrification, and i still think that, but also telsa is getting beat by other electric only carmakers, byd selling more cars, rivian and lucid making better cars

is there some trigger for something or something

my feeling is there's been a slow realization over the past 12 months, and especially the past three, among the good faith normie tesla bulls (incl. institutional investors) that it's just a car company, and car companies have no real bottom in terms of valuation, and meanwhile the rest of the nasdaq is going up. i don't know if there's a personal margin call or anything like that, although since he's posting great replacement stuff today, let me say i hope so.

ah i see yeah will be interesting to see how long people can fool themselves into thinking telsa is going to grow into the biggest company ever

my favorite normie bull btw is https://twitter.com/garyblack00. over the past few months you can gradually see him realize it's not a good bet any more, and losing his patience with his dumpster fire shitcoin/AI influencer mentions.

haha musk sabotaged his empire by pushing blue checks to the top of replies

was thinking about the musk compensation lawsuit situation, its pretty funny he got all these bonuses for insane stock price growth put in the contract, and while the line was very unlikely to go up that much theres still no reason to have a scenario where you give the ceo $50b, but via conning retail investors he got the contract, then he conned retail investors into driving the stock up to the point where he actually recieved the $50b, amazing performance tbf you can only tip you cap, and it wouldve worked if it wasnt for one meddling death metal drummer

This has to be the hardest, most futuristic exit of a Cybertruck owner anyone has ever seen thus far 🔥pic.twitter.com/7uY8tbg7IO

— Teslaconomics (@Teslaconomics) February 4, 2024

also the stagiest

I've seen a few similarly performative clips like that, so I assumed they were performative. On the other hand, you still need the dumb car and the dumb goggles, so maybe they are for real? As in, real douchebag?

I would like to congratulate Poochie on transcending his former status as a purely fictional character, well done m'boy

shouldve gotten hit by another cybertruck at the end to really make it

I was really hoping for it.

We can't possibly be that far from one of those Logan Pauls or Mr. Beasts to buy a pair of them to crash into each other.

Why isn’t this soundtracked to “Vogue”?

look I'll give Elon this the guy does seem to be legitimately good at keeping the stock price propped up. like I remember $30k Model 3s and Full Self Driving being promised nearly a decade ago, before it was known what a huckster and lunatic Elon really was. but despite him breaking nearly every promise and instead delivering one of the dumbest, most impractical vehicles known to man, he's still got the stock price high, as though his cult's belief that Tesla is gonna suddenly drive all the legacy automakers out of business overnight is suddenly gonna manifest any day now

One reason I've heard of people not selling their stock is that the price is so inflated that the capital gains will be astronomical. They're cursed to hold it up forever, like Atlas.

It would also be interesting to know what percentage of Tesla stock is held by small individual investors. Even if they aren't all true believers in Musk, their psychology is a different beast than what drives institutional investors. If they rode the stock on its way up they'll be loathe to abandon their connection to that euphoria.

Matt Levine has mentioned some numbers/estimates, it's a meaningfully higher percentage than the S&P 500 average I think

the meme stock phenomenon, which in retrospect telsa mightve been the first, is interesting cause retail investors are driving the price and institutional investors are happy to come along for the ride, but what happens when institutional investors decide the rides over (its not good)

One reason I've heard of people not selling their stock is that the price is so inflated that the capital gains will be astronomical. They're cursed to hold it up forever, like Atlas.

― Josh in Chicago, Monday, February 5, 2024 2:00 PM (twenty-eight minutes ago) bookmarkflaglink

its just taxes you still get to keep most of the money

Yeah, better to have a huge gain than a huge loss.

if they are $tsla hodlers its just 15% of the gain

I wonder if that is more of an issue if you are a casual investor that put your life savings into this one stock.

? you pay the taxes with the money you get from selling the stock

yeah, capital gains taxes don't really diminish once you retire, but if your total income is low when you sell stuff off you can fiddle around a bit

the only way tesla made sense to me was if they just fudged things long enough to piece the company out into licensing deals and selling off parts. other auto companies held shares because they saw some promise! the only thing that they've got so far is that the other automakers are now licensing the supercharger connector.
I don't think they're further ahead on the self-driving crap (which will never be "full" self-driving) than their competitors, it's just that no one else is dumb enough to let consumers enable it in a really visible way. other companies are making electric cars that accelerate quickly and are actually repairable

their niche is apparently "thing that looks cool that does stuff competitors don't" as far as differentiating themselves, and their offering is... cybertruck

these guys are too kind to the cyber truck, dont really have any taste, are overly interested in novelty, and are dorks, but pretty good review overall they went deeper on the real physicality of the thing than other stuff ive seen

https://www.youtube.com/watch?v=xNE-NyaYBcg

yeah, that's kind of the target market. it's not creating or adhering to an aesthetic, it's just novelty in the vein of "check this shit out"

kind of like watching a guy do a shot and then a backflip off of a picnic table. the chive-ass truck

keep cyber and truck on

telsa design wise altogether is kind of just a bad aesthetic poorly executed, but the cyber truck takes it to the next level, but maybe its better cause at least its silly, tho on the other hand it is awful

like what is this were gonna give the car sick ass doors, but only on the back seat

https://i.imgur.com/u5mdgfh.png

for some reason I hate that less than "we're gonna make the window have to roll down a little bit to exit the vehicle"

someone's going to tell me that they borrowed the window thing from a sports car design and I don't care

yeah thats truly inexcusable, it is excusable on some 1980s italian sports car cause thats not for commuting

lol the gull-wing doors made me (half)recall some prime alex cockburn snark from the 90s abt delorean: like repeatedly tried, always failed

also:
https://dinkytvspace.files.wordpress.com/2015/04/captain-scarlet-catalogue.png

crate containing radio active isotopes

One of my best friends recently bought a Tesla. No idea what model. It completely surprised me, I had no idea he swung that way. He's very excited because they came to the house to fix a problem. It will be interesting to see his evolution.

gull-wing doors look cool. now imagine parking your vehicle in any normal parking lot slot, with cars in both adjacent spaces, then swinging up your gull wing doors. so not gonna happen.

yeah, capital gains taxes don't really diminish once you retire, but if your total income is low when you sell stuff off you can fiddle around a bit

think generally if you're a retail TSLA shareholder sitting on massive gains, you're paying long term capital gains tax, which is favorable at a flat 15-20%... if you're making $100,000 from selling your stock you're giving up $15-20k but you're also getting $80k of cash... regardless of what tax bracket you're in

so i don't think it's a tax reason that's holding back retail shareholders from selling. they probably just have FOMO from fear of selling too soon. and now are probably on the wrong side of the S curve. hah hah

telsa is getting beat by other electric only carmakers, byd selling more cars

― lag∞n, Monday, February 5, 2024 12:47 PM (three hours ago) bookmarkflaglink

guess byd was a gas car company and only stopped making them a couple years ago fyi

i was in china just recently and saw a lot of BYDs on the road (it stands for Build Your Dreams) they looked good the company is definitely building some dreams

One of my best friends recently bought a Tesla. No idea what model. It completely surprised me, I had no idea he swung that way. He's very excited because they came to the house to fix a problem. It will be interesting to see his evolution.

A friend of mine has a Tesla. Something was wrong with the charging - that is, it wasn't - which took several repair attempts and returns to the dealer. Eventually they discovered it was something wrong with the charging port, and replaced it. I asked my friend if Tesla paid for it all, and dealt with picking up and returning the car, and he said yes, but was still super pissed at all those wasted hours and days of failed repair attempts, not to mention a long stretch without a car.