Tesla stock

Sorry - but not only have the stockholders reaffirmed, but the courts have reaffirmed his pay package as well. Since several months ago - & since some seemed who have missed it, the appeal over the pay package ruling was reversed ...... & the Deleware Democratic governor who installed the Democratic corporate judge was shot down ... several months ago, in fact.

Tesla CEO Elon Musk recovers $55 billion pay package in Delaware court ruling | AP News

as a further PostScript to this old thread (2026 - there's a lot going on now - so many here thinking about war & ICE protesters etc) it might be added that when the IPO takes place for SpaceX, it might be noted Musk could very well become the first trillionaire . Considering the ever devalued USA dollar, where if you were a billionaire this year, in 1990 you would only have only 250 million. Something to think about as we deflate the dollar further. Ya gotta become a trillionaire just to keep up w/ inflation when you're on the very top of the financial game.
We no longer own Tesla stock so, have no dog in the fight

 

mo need to apologize

 

Besides the Swiss Franc and Japanese Yen, what other major currencies have done better on this than the U.S. dollar?

But the Franc's money supply isn't remotely large enough to handle our economic needs, and the Yen is tied to an economy that seriously under-performed for decades of that time.

Then there is the Euro, which over its existence has performed roughly the same as the Dollar, not significantly better or worse.

Plenty of currencies have done worse, or much worse.

 

There are a few doing better as well, the Israeli Shekel is up over 20% against the USD, so even they are doing better that the USD.

T1 Terry

 

I wonder how many will lose money they don't really have in this crazy Tesla IPO ... let's face it, the money raising is to cover the losses at Tesla and X and the insane AI data centre nonsense and .... well, is anything associated with Elon Musk actually making money ... well, besides the banks that loan him all the money he's spending to look like a rich bloke ....

T1 Terry

 

I suppose it's possible to invest money in the stock market that you do not have with a margin account - but that would be......gambling - which is essentially a tax on stupid people.

One of our car companies seems to be associated with Musk......Tesla, maybe?
It's a rather small company - accounting for less than 3% of all cars sold globally - but by some metrics it's somewhat "valuable.'
Maybe even profitable.
I'm sure that some drive-by accountant will tell me that Tesla is teetering on bankruptcy, but they DO seem to be making money.
Like Space-X will be, Tesla is a publicly traded company.
In the US this means that they have to comply with one of the alphabet-soup of government entities that oversee such things and show us their books.

I'm not an EVangelist - so I personally do not care much if Tesla succeeds or fails.
I would prefer that my government not bribe people with a portion of their own money to drive them - but that's me being me.
I use Tesla as a hypocrisy tester myself.

I AM a Starlink customer.
The idea that we're on the cusp of instant, reliable worldwide broadband communication (meaning Actually Broad and Actually reliably available EVERYWHERE ON OR NEAR THE WHOLE WORLD!)
That's fairly significant, I'd say.
That entity seems to be somewhat profitable as well, but it's shackled to Space-X, which like Tesla will have to succeed or fail by its own merit.
IN THE MARKET.
I think personally that they will succeed.
Space-X is putting more payload mass to orbit than anyone else - probably more than all companies and nations combined.
NASA/and the US Governmint "might" be Space-X's largest customer BUT they're not exactly over-spending for the rides to LEO, ARE they??
Before Space-X, and before we were thumbing rides to space from Roscosmos, we used our Space Shuttle Fleet- a hideously expensive and somewhat dangerous programme that was 100-% taxpayer funded.
Two hull loss accidents cost us 40% of the shuttle fleet and resulted in a roughly 1.5% mission failure rate.

Not bad odds, really until YOU are the Spam in the can.

I do not know.
Letting a publicly traded, private company transform the Space biz seems smarter - besides.......Space-X is not unionized!

That alone means they're cheaper and more efficient AND....THAT means if they start circling the drain then some IDIOT will not fracture our federal bankruptcy laws to bail them out.

 

We have people here that don't like musk because he tangented off of making cars. Yet communication w/cars, modernly, requires reliable connectivity - which SpaceX gives those very cars. Just as Tesla acquiring a Solar Company enables cheaper electricity for those cars. Similar arguments can be made for acquiring Twitter X. You can sink a company nowadays with lots of people talking smack / bad PR simply because you hate (the other side's) viewpoint. Zuckerberg, before Congress ratted out the government for their strong arming his company to do one side's Viewpoint so yeah - that's real. Even buying a social platform can be construed as resiliency for a company.
We sold our Tesla stock years ago after idk, maybe 3 to 4 years of ownership & did well. But like vegas, or gambling on a cruise ship or buying lottery tickets - it's was a gamble - but an affordable one if we'd lost it all. YMMV

 

Good!
Works for me......
It beats having the smell of their backsides on our lips.
Probably cheaper in the long run too.

I do not see why not - although the 'mini' system is optimized for traveling.


Starlink has a Roam and a Residential package.
Unlike most providers their price structuring is fairly straightforward and if they say $55 in my zip code that's the OTD price.
Residential is geo-fenced - for obvious reasons while roam isn't.....but where Roam is data capped. Residential offers unlimited data.
The outlier is the Roam package in "standby" mode which offers unlimited 0.5mb/s for $10 a month.
I use it for my alarm system and one of my cameras - and while Gen-Z-ers may find 10x dialup speeds to be horribly unacceptable I've used it for wifi dialing and facetime calls - in a simulated 'plugs-out' scenario - plus I can USE this mode to roll out of standby mode and.....ROAM if the Fit hits the Shan.
As people found out during hurricane Helene, sometimes Starlink systems can be harder to get and install in a post disaster scenario.
Works more or less the same way post wildfire and ice-storm.

Some areas with a LOT of demand may incur (what I think is) a one time 'congestion fee.'
Lots of techies in the Huntsville area - but they advise you upfront.

The Hardware is mostly identical - meaning you can swap back and forth between Residential and Roam subscriptions directly in the Starlink App with either one.
The "Mini" is optimized for traveling (smaller size, no separate router, etc...)
The Standard residential system has a larger panel and separate "router."

People can forget about their past - but the past never forgets about them.

I've seen Musk transformed from a George Westinghouse figure to Henry Ford practically overnight - because of his willingness to work with a person that my intellectual "betters" regard as a Hitlerian figure.
Edison is probably closer to the mark to successfully compare Elon with by personality, and intellectual horsepower - or maybe Steve Jobs, both being unincumbered by trivialities such as ethics or empathy. Comparisons with Nicola are groundless for other and obvious reasons.
History does not record what Tom Edison would have thought about Hitler but one might easily guess by his love and support for persons of the Hebraic persuasion.
Ford was a barking anti-Semite, racist, and probably a misogynist as well but though lacking in intellect he was not dull minded. He DID after all hate unions.
Ford HIRED Jews and the Ford Motor Company the largest employer of Black auto workers in the United States. While he offered equal pay for equal work, and promoted many his DEI practices were more 1920's than 2020's.

SO....
None of all of that is evidence of hypocrisy......but it can be symptom - and frankly I wish more people had the mental agility to change their opinions in the light of new or different data.

That's why one cannot trust liberals with money.

I can think of lots of cars that are cheaper to drive than a Tesla - OR my 2023 GMC Sierra for that matter.
One example - Toyota Corolla:
Base models start around $24,120. It is widely considered the most bulletproof long-term vehicle.
MUCH lots cheaper to purchase and insure.
Cheap to license and taxed more cheaply.
Even Toyota's dealerships are more useful for support, maintenance and repairs.
Possibly more valuable after 186,000 miles. (probably)
Possibly more reliable over 186,000 miles (probably)


Math is agnostic.
To REALLY fool others (or yourself) you need.......statistics.

 

judging by doge's success rate, I can't say I trust his financial knowledge or capability

 

Checking in to that, I see the New Shekel, from 1986, has done well. But the old Israeli shekel, 1980-85, was slaughtered by hyperinflation. Before that was the pound/lira. Before that ...

Israel's history of currency stability is shorter than my own personal investment history.

 

Seems some don't understand why Trump did what ever he did to get all the normal conditions waved to be listed on the Nasdaq 100, it was so the 401K would automatically buy the moment they were given the opportunity because of the strange was the US runs these type of things. The old rule of having to prove the companies value over 3 mths made this type of stock a gold standard for 401K investment, this latest IPO doesn't meet any of those requirements, yet people's 401K will be used to buy up big on this IPO listing ..... that was the reason for me posting this I wonder how many will lose money they don't really have in this crazy Tesla IPO ...
The reason I called it a Tesla IPO is because, just like all the other Musk money losing businesses, Tesla will be rolled into the Spacex bundle so the loans coming due will have money to cover them.

I can't believe the "Elon Faithful" don't actually look under the covers to see what is actually happening ...... I did not short selling had already pulled the price back from the hyped up highs after a very short period ..... sad for those the bought at the top of the market and have already lost 20% of the value of their shares ...... but, anyone who hadn't done their due diligence and realised the only branch of the Elon business bundle that was actually making money, was Star link, but counting on earnings from one section of the company that will be required to launch the replacement satellites as the old ones fail and fall out of the sky, means Star Link will be paying another division of the same company, that's not profit generation, that's paper shuffling, the money didn't actually come from an outside source.

Do you really think future Govts will give all the space contracts to Spacex? Just because he was awarded massive contracts while he was supporting DJT, doesn't mean that will be the way it is for ever more .......

Data centres in space, space might be cold, but it's also a vacuum and I'm hoping you all learnt about why the vacuum flask keeps things hot or cold when you were at school, with no air around the cooling plates, the massive amount of heat generated has no where to go, just one of the hurdles that make data centres in space simply fairytale nonsense ..... build then on the moon? Anyone remember the time delay involved with any of the moon missions? You thought dial up was slow

T1 Terry

 

Where would it be today, if you had kept it? Did a few dollars of "cost avoidance" actually cost overall value lost?

 

I do electronics, so like many I'm a little bit out of my depth band with finance and public stocks, but I'm not quite sure about where you're going with this.
Aren't Space-X and Tesla two separate and different publicly traded companies?
I'm thinking that they cannot legally merge without government approval and even THEN, only after they clear regulatory and antitrust hurtles.
Why is my beloved government telling me that Tesla has a cash position of nearly 29 gigabucks if there are a bunch of loans outstanding???

Did somebody 'DOGE' the SEC while I was asleep last night???

The last time I looked at this, their stock (predicted my MANY MANY "experts" to fail) was running in the 400s - and they have a pretty strong track record over the last 16 years.
All of this bolsters MY ASSERTIONS that BEVs will have arrived on the doorstep of economic viability ONLY when the government stops bribing people to drive them!

So...
Space-X is a different animal - FOR NOW.
They're not in debt as near as I can tell but they're burning through cash faster than a New York Mayor.
Anybody else notice what's happening with Starlink's prices?
As their constellation scales up....it's only going to get cheaper and the really really COOL thing about market economies is the fact that they're going to drag DOWN THE COST of internet while raising the availability of it.
TDS is a power force of nature - but it's not going to keep people paying $100 a month for copper or fiber when they can get OTA internet for $60.

Yeah.
You can do OTA with cell towers........sometimes.
Even MOST of the time.

Don't really care. I'd like to think that they will use the least expensive provider - and TDS will actually help us out here because the one threat to our space infrastructure is that Space-X is so inexpensive and reliable that it makes it difficult for the competition to catch up - although BO, RA, ULA are still in there swinging.

AH....
So now we're getting somewhere.

Space isn't always 'cold' by the way.
Terrestrial data centers struggle with water limits, power grid capacities and fragility, permitting delays, regulatory hurtles, confiscatory tax burdens - and all of the other wonderful things associated with life here on earth.
Not to mention that people seem to have forgotten the historical context of the word Luddite.

It is THOSE things that make people think to themselves that it juuuust might be cost effective....at say, $2,000,000.00 per tonne to orbit for them to put the servers in space.
It's not as zany an idea as you think.
All of the many many things that make solar suboptimal here on earth are virtually eliminated in space, so there is an ample power budget, and cooling stuff down - even in LEO does work or else satellite technology would have ceased back when we were using passive satellites for long distance comms.

Latency is a hard-limit challenge, but buffering, edge routing and processing, and the routing simplicity of space-based data centers can ameliorate some of the log jams.
Latency is a non-issue out to LEO, and there's a lot of.......SPACE out there before we get to geo-synch.