🚀 Tesla to Mars 🚀
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@locutusofborg said in
Tesla to Mars :The facts are that Tesla is greedy.
Without any facts to back up your statement, it is just an empty assertion.
Tesla inc., is a business, not a charity, nor a not-for-profit organisation. Since demand for cars exceeds supply, they either have to increase prices or increase wait times. Second-hand Teslas are already selling for more than new ones.
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Tesla Don't Need to Advertise
Hertz Car Rental are doing it for them.
Hertz said the “initial” order of a total of 100,000 Teslas will be made by the end of 2022.
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I'll just leave this here:
**Elon Musk is attacking Biden over his proposed tax on billionaires
Tesla would not even exist today had it not been for a $465 million bailout from Obama
SpaceX got a $2.9 BILLION contract from the government to build a moon lander
That Musk is a self-made man is a total myth**
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@locutusofborg Tesla paid off its loan earlier.
Advanced Technology Vehicles Manufacturing Loan Program loans that Tesla, Ford, Nissan, and Fisker were granted roughly a decade ago. Tesla, it should be realized, paid that loan off completely (+ interest) quite a while back — several years in advance of the payback deadline — which means that of all the auto manufacturers that utilized the program, Tesla was the first to pay off its loan completely.
Somewhat, but to a far lesser degree than the fossil fuel industry, to a far lesser degree than its bailed-out auto manufacturer competitors (GM/Chevy; Fiat Chrysler; etc.), to far lesser degree than those funding smear campaigns against it, and no more than pretty much any other large company out there right now.
SpaceX won the contract on the merits of its far superior bid.
Musk made millions as a young man from PayPal from his own ingenuity and hard work, investing it all in Tesla and SpaceX, which now provide tens of thousands of well-paid jobs.
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@locutusofborg Musk will have to pay 53% capital gains tax on his stock options that must be exercised before January.
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Ron Baron on Elon Musk
2020 Impact Report referred to by Ron Baron in the interview.
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Analysts Upgrade Stock
Piper Sandler Sets New Highest Target for Tesla Stock. They cite the rapid growth in sales for Model 3 and Y, which far outstrips the so-called competition.
The stock closed today at $1,077.04, another new highest closing price ever.
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Elon Musk Tweet
1 hour ago
Massachusetts has MIT
California has CIT
Texas has TITSElon Musk Proposes the Texas Institute of Technology & Science.
Given Elon’s disdain for University education, this is probably a troll, but perhaps he is pondering a way to offset some tax?
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Tesla Opens Money Printing Machines in the Netherlands
Super-chargers are now open to owners of other EVs. If they pay €13 a month membership fee, they can charge at the same price as Tesla owners = €0.24 / kwh. Non-members pay €0.57. Only ten charger stations are currently equipped to support other EVs, but more will be added.
Musk Offers $6 Billion to WFP
The only caveat is that the World Food Program must come up with a plan to solve world hunger. Elon’s money is pretty safe. The WFP could not solve world hunger with $8.4 Billion in donations during 2020.
Tesla stock continues on its way to Mars, closing at $1,208.59 today. It is now 3x what it was a year ago.
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@abdolreza said in
Tesla to Mars :In my opinion going on planets to living is big wasting time and money
I agree with you. I think that plan is a non-starter, but mining of minerals on Mars could perhaps justify the huge costs. They don't need petroleum, they can generate methane and oxygen from solar power.
The real problem is that no human being could bear to live there for more than a year. Making it habitable will take centuries.
Perhaps you missed the true meaning of Tesla to Mars:
@pesala said in
Tesla to Mars :Anyone who bought the stock at $408 on Monday just made about $100 a share in a couple of days.
- £2,208 invested in 7 shares on 16th November 2020 is currently worth £6,118.
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Cathie Wood of ARK Invest
Talking about Growth Opportunties for Tesla.
The whole 50 minute interview with the Saxo Bank of Switzerland is worth watching. ARK Invest specialise in growth stocks, and have done in-depth study of the businesses in which their ETF Funds invest.
She talks about the moats that Tesla has, ensuring its supremacy in the EV marketplace. Other legacy automotive companies face huge barriers to enter the market, in which Tesla has an unassailable lead.
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Opportunity of Tesla Insurance
Stock analyst Pierre Ferragu in conversation with Rob Maurer. He is clearly excited by the prospects of Tesla Insurance.
The whole 47-minute video is worth watching.
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Elon is Not Greedy
If any more proof was needed, Elon offers to sell 10% of his stock based on the result of a twitter poll.
Elon is playing 4D chess again, putting the debate about the proposed Billionaire’s tax into the public domain.
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China is Coming
A great interview with Sandy Munro who has been tearing down cars for decades, and has personal experience of working for Ford as a young engineer.
He understands why Tesla is years ahead of legacy auto-makers, who he says are doomed to go bankrupt due to their deeply entrenched management and manufacturing methods.
You only have to watch this CNBC interview with GM CEO Mary Barra to understand why GM are also doomed to failure.
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Tesla Giga Factory Progress
The Structural Steel Framework is complete, with the traditional tree ready for a topping-out ceremony.
This is not really of much significance, as there is still roof-decking, insulation, weather-protection, etc., needed to completely seal the roof, then many more windows and wall panels needed to complete the main factory.
Model Y production has already started, but there is a lot more work yet to be done inside the factory, and many more structures and roads to complete on the site, which recently grew by 620 acres after the purchase of a nearby ranch. This area will be an ecological park, and Elon will build a home there. The site is leased to the previous owner for four years so that they can close out their business.
Wall-street stock analysts continue to raise their targets on TSLA as the reality begins to sink in. The stock price rose steadily on Friday, closing at $1,137.06, and continued to rise after hours to $1,140. Nobody knows what it will do next week, but I will not be surprised if it reaches a new all-time high (over $1,243.49) before market close on Friday.
The public consultation period for the Berlin Gigafactory ends tomorrow. Once a decision has been made based on that, production can begin in Berlin (after a delay of many months).
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Musk Gives “Final Warning” to J.P. Morgan
For those who don't know, Investment Firm J.P. Morgan is suing Tesla, so Elon Musk gave some feedback to the Wall Street Journal article.
If JP Morgan doesn’t withdraw their lawsuit, I will give them a one star rating on Yelp.
