Mark_UK
Legal Alien
Dealt with him in a previous job. Like every genius, he’s a complete odd ball.
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Yo be fair he didn't start Tesla but yeah PayPal and Tesla both very successful. I'm not a fan of him and he does manipulate the market, but him buying 9 percent of Twitter doesn't change much because the board still runs it. I know he is for free speech and I agree with that 100 percent.If you are a person that cares about business it is.
He has started a number of businesses that are considered the standard in their industries such as online payments and electric cars.
Black rock is like the 3rd largest economy in the world . The bank I work for gives them a metric crap ton of liquid capital tooThis so well said I will simplyretweetrepeat it.
He is an outspoken advocate of free speech. My understanding of Mr. Musk is that he has expressed opposition to Twitter's practices and has contemplated staring his own social media platform. Perhaps he feels it is more effective to attempt a reform of Twitter from within, while making money in the process. Perhaps not necessarily in that order.
It is interesting that it takes that kind of wealth these days to have one's voice heard in the management of large corporations. Through mutual funds and ETFs, three firms - BlackRock, State Street, and Vanguard - control 25% of the shares in the S&P 500, and I think it's safe to say an significant fraction of fund share owners disagree with how those three firms are casting vote in those corporations.
That concentration of wealth and the power that comes with it power quite frankly scare me, because the lure to wield that kind of power for personal gain is almost irresistible. Or so I'm told. I would like to find out for myself someday.
would love to know more here @Mark_UKDealt with him in a previous job. Like every genius, he’s a complete odd ball.
Stating publicly that you are buying back stock to go private is manipulation, especially when you dont do it.Yo be fair he didn't start Tesla but yeah PayPal and Tesla both very successful. I'm not a fan of him and he doesn't manipulate the market, but him buying 9 percent of Twitter doesn't change much because the board still runs it. I know he is for free speech and I agree with that 100 percent.
One thing he has done is create massive amounts of high paying jobs. For instance, I never understood the hate for his Billion Dollar rockets. It may be a bit of a toy for him (and other billionaires), but the amount of jobs that creates from the high priced engineers down to the high priced machinists that have the expertise to make the critical, specialized parts all benefit from it.
My bad that was supposed to say he does manipulate the market. My autocorrect got me. He absolutely does and has been fined and warned multiple times about it.Stating publicly that you are buying back stock to go private is manipulation, especially when you dont do it.
His story is actually quite interesting. He was nearly killed by bullies as a child and created more companies that are household names than anyone I know of. The story of Tesla and Spacex alone could have their own documentaries. You don’t gotta love the guy but his story is probably more interesting than 99% of the populationI'm not sure his life's story is terribly interesting.
No he didnt. A year after it started, he became the largest shareholder and CEO. To be fair, it wasn't until post that money that the company produced the Roadster.Again for accuracy he didn't found Tesla. Tesla wasn't even the first full electric car. It's like apple others did it before the iphone he just upped the ante and made the rest of the industry follow. Gm tried in the 90s and it was a massive failure, Honda mad crv electrics in the 90s and early 2k because the CARB stuff in CA. But Tesla is a whole different beast and has changed the landscape.
Absolutely agree. I am not a fan of him personally but you cannot deny what he has built and helped build. The only reason I even know about Honda building the CR-V is because in high school a guy in the air force was transfered to eglin when I lived in Destin and I went to HS with his son and he had 1. Think it was the first 1 in FL. Had to be tough with no charging stations.No he didnt. A year after it started, he became the largest shareholder and CEO. To be fair, it wasn't until post that money that the company produced the Roadster.
That doesnt change that the electric vehicle is synonymous with Tesla, just as online payments are with his prior venture. And before that, business directory was. His track record is pretty rock solid, despite my views on his financial manipulations.
i was listening to a podcast recently and jessica meir was saying how so many technologies were born from the space race. i'd like to think the current semi-privatized space race will produce just as many innovations. that, as well as the massive influx of jobs and money to local economies doesn't seem to be a bad thing to me.