sold a bunch at probably $360 average, still have 48 shares I paid $169 average for. Didn't notice today's action on it, certainly holding for now.
Guess Elon can't win on either side of politics...probably should have stayed the fuck out in the first place (as should every CEO)
Well, of a product is so good it doesn't need incentives to get people to buy into it. He should have learned from Jordan. Everyone buys sneakers was a smart position. I appreciate his intent on trimming fat but that could have been done by just about anyone with less to lose.
Past performance yada yada yada future results yada yada yada. I wouldn't buy TSLA in a make-believe internet stonk contest portfolio. To be fair, I wouldn't buy silver, either. Probably a basket of micro-cap junior silver miners. Hell, if the oft-ridiculed JMIA can navigate the treachery of the Dark Continent, it has a helluva lot of potential. Just not with my real money. If (that damned word again!) we keep fighting with Chy-nah, MP materials is going to be pinking money. If we make nice, MP materials stock certificates will be worth less than sheets of Charmin.
All I have to say to that, is when someone offers you free* money, are you going to turn it down? I don't blame him, but those who authorized it. (hint, there are 535 of them) SpaceX seems to have made launching a satellite a lot cheaper than it used to be. What other rocket company can say the same? *not free, but free to him. someone else always pays...
Capitalism is a 1 way street IMO. We will eventually fund our own gps based microchipping. It will be sold under the guise of safety and convenience.
me and my econ bros at work were talking about this like 2 weeks ago at lunch one day. remember growing up in the 80s/90s (or earlier probably for a bunch of you)... besides dudes like Henry Ford or Lee Iacocca or Bill Gates, i don't think i could name a single other CEO of a major company, not to mention what they even looked like, and ESPECIALLY nothing they ever thought or said about politics. who the fuck was the CEO of Bank of America in 1992? I have no godamn idea. Exxon, Proctor & Gamble, GE, Dell Computers... no fuckin clue. i am 1000% sure they were "into" politics with influence and money as they've always been since the dawn of time, there's no doubt. and i'm sure most Fortune 500 CEOs then as now as always thru history were sociopathic monsters and giant pieces of garbage. but this new-age shit with wanting to to be a celebrity CEO and famous and the need to have your opinions known... its just flat out fuckin weird, let alone bad for business. no matter how you slice it, if you publicly donate money, or speak out for ANY side of the isle, you're alienating customers. especially with something as benign as a car or a chicken sandwich or whatever... just shut the fuck up and take the money. donate your money, have your opinions, have your fundraisers... i just don't understand why any of its public or why you want to share or feel the need to have your thoughts be known. we were joking about it and i was like, "i miss the days when rich CEO dudes just had weirdo mansion parties and sat out on their yachts and nobody knew who the fuck they were." strange times for sure. all Elon had to do was shut the fuck up. it makes me think about those 2 well-dressed weed lawyer dudes on IG where their whole thing is like, "whata you do? SHUT THE FUCK UP." haha
Right.... but I honestly don't understand people being mad he was trying to prevent the waste of tax money. Isn't that a good thing ?
You should know better... these days everything is ultra-polarized. Yes, for decades people have complained about government bloat, but when Trump decided to do something about it all of the sudden 50% of the country went nuts... bring in Musk and name it DOGE (coincidence with the crypto or intentionally named?) and have that dude doing nazi salutes on stage just made things worse.