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