Elon Musk is PUBLIC ENEMY #1

19,557 Views | 157 Replies | Last: 1 yr ago by concordtom
oski003
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concordtom said:

DiabloWags said:

Not a surprise if anyone has been paying attention to the Twitter deal.

It's been well discussed here that he needs to raise cash and his TSLA shares will be used by Wall Street Investment Banks as collateral for the loans to secure taking TWTR private.



And so if all the other car makers, which have only just now jumped in to EVs, tackle his (future predicted) market share, he'll have his own squeeze going on.
Leverage!

I recently saw that Tesla market cap is as big as the other 10 largest vehicle manufacturers globally?
Omg, recipe to get crushed.


Keep in mind that Tesla is also a tech company with power, automation, and artificial intelligence.
concordtom
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oski003 said:

concordtom said:

DiabloWags said:

Not a surprise if anyone has been paying attention to the Twitter deal.

It's been well discussed here that he needs to raise cash and his TSLA shares will be used by Wall Street Investment Banks as collateral for the loans to secure taking TWTR private.



And so if all the other car makers, which have only just now jumped in to EVs, tackle his (future predicted) market share, he'll have his own squeeze going on.
Leverage!

I recently saw that Tesla market cap is as big as the other 10 largest vehicle manufacturers globally?
Omg, recipe to get crushed.


Keep in mind that Tesla is also a tech company with power, automation, and artificial intelligence.


And leverage can also lead to huge gains!
DiabloWags
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oski003 said:



Keep in mind that Tesla is also a tech company with power, automation, and artificial intelligence.

Very true.
And Musk has left all of the other auto manufacturers in the dust.

He's shown an amazing ability to scale. Even the CEO of VW Group (interviewed on 60 Minutes two weeks ago) remarked about how far they've been behind (especially in the North American market) and that Tesla has essentially been kicking their butt.
DiabloWags
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concordtom said:




I recently saw that Tesla market cap is as big as the other 10 largest vehicle manufacturers globally?
Omg, recipe to get crushed.
People pay for growth.
The other auto manufacturers havent been growing.
concordtom
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DiabloWags said:

concordtom said:




I recently saw that Tesla market cap is as big as the other 10 largest vehicle manufacturers globally?
Omg, recipe to get crushed.
People pay for growth.
The other auto manufacturers havent been growing.


That growth is speculative.
Is Tesla auto going to take over all that other volume? Doubtful.

Market cap:


Revenue:


Units sold:


Tesla Delivered Almost a Million EVs Worldwide in 2021
The EV maker doesn't disclose U.S.-only sales figures but claims sales for the year were up an amazing 87 percent in a turbulent marketplace.
BY SEBASTIAN BLANCO
JAN 3, 2022
tesla lineup 2021TESLA
In 2021, Tesla says, it delivered 936,172 vehicles around the world. Exactly how many were in the U.S.or in China or Europe or elsewherethe company isn't saying and doesn't have a habit of ever saying.
The sales figures were an 87 percent increase from Tesla's 2020 sales, and the automaker has now posted six quarters of record high deliveries in a row.
The best way we can tell how many EVs Tesla sold in the U.S. comes from a recent recall, in which the company said it would fix all of the Model 3 sedans it sold from 2017 to 2020: 356,309.
concordtom
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I searched vids on "machine that makes a machine":

oski003
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concordtom said:

DiabloWags said:

concordtom said:




I recently saw that Tesla market cap is as big as the other 10 largest vehicle manufacturers globally?
Omg, recipe to get crushed.
People pay for growth.
The other auto manufacturers havent been growing.


That growth is speculative.
Is Tesla auto going to take over all that other volume? Doubtful.

Market cap:


Revenue:


Units sold:


Tesla Delivered Almost a Million EVs Worldwide in 2021
The EV maker doesn't disclose U.S.-only sales figures but claims sales for the year were up an amazing 87 percent in a turbulent marketplace.
BY SEBASTIAN BLANCO
JAN 3, 2022
tesla lineup 2021TESLA
In 2021, Tesla says, it delivered 936,172 vehicles around the world. Exactly how many were in the U.S.or in China or Europe or elsewherethe company isn't saying and doesn't have a habit of ever saying.
The sales figures were an 87 percent increase from Tesla's 2020 sales, and the automaker has now posted six quarters of record high deliveries in a row.
The best way we can tell how many EVs Tesla sold in the U.S. comes from a recent recall, in which the company said it would fix all of the Model 3 sedans it sold from 2017 to 2020: 356,309.


1) 2019 is irrelevant, except to realize how astronomically they've grown since;
2) they are a tech company, you are only showing Tesla motors, a subsidiary of Tesla.
DiabloWags
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concordtom said:

DiabloWags said:

concordtom said:




I recently saw that Tesla market cap is as big as the other 10 largest vehicle manufacturers globally?
Omg, recipe to get crushed.
People pay for growth.
The other auto manufacturers havent been growing.


That growth is speculative.
Is Tesla auto going to take over all that other volume? Doubtful.

Those other companies have yet "to take over all that other volume".
Let alone at what kind of profit margins.
Your claim is just as speculative Tom.

For example, take a look at Rivian, the latest EV player on the block.

They have backing from Ford and Amazon. (Amazon has ordered 100,000 EV delivery vehicles).

They're trying to put out multiple vehicle models simultaneously (never been done before) while trying to scale and secure supply of battery cells and semi-conductor chips. - - - Their R1T truck beat Tesla and GM to the punch, but production has been slow and their SUV has been pushed back a bit as well. They've also had to increase the price of that SUV by 20% to $84,000 and the truck by 17%. In doing so, it's literally an admission that their original truck and SUV prices were structurally unprofitable.

In the meantime, they are expected to burn Billions in cash this year and will be hard pressed to achieve the 25,000 vehicles that they have forecasted to build this year, which is quite a bit lower from their original guidance from earlier this year of 50,000 units. They produced 2,553 vehicles in Q1.

Can legacy auto builders GM, Ford, and Stellantis scale up quicker and at better margins?
Perhaps they can. But they have yet to do so.

Tesla already has.
And is doing so at industry leading margins.



DiabloWags
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Tesla's gross margin and profits are surging along with prices, and it had to explain itself - Electrek
concordtom
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What kind of Nonsense is going on?
Liberals are deleting accounts while Conservatives are signing up?
REALLY?


Headline:
Twitter's Most-Followed User Barack Obama Loses Hundreds Of Thousands Of Followers After Elon Musk
Thu, April 28, 2022, 1:51 PM2 min read

People are leaving Twitter at alarming rates following the news that billionaire Elon Musk has now acquired the company.

According to The Hollywood Reporter, the follower counts for high-profile accounts like former President Barack Obama (the most-followed Twitter user) and Katy Perry have seen a significant drop on the social media platform.

"Obama, who is Twitter's most-followed user with 131.7 million followers, saw his follower count fall by 300,000 since Monday, NBC News says. Perry, who has 108.8 million followers, lost 200,000," the outlet reports.

And, what's more, the decrease is allegedly happening due to Elon Musk's estimated $44 billion purchase.


What's Happening To The Accounts?
While the popular social media platform does a routine cleanse to get rid of bots and any fake accounts, experts have noticed that the recent drops in follower accounts have been organic rather than the normal deletion of bots.

"While we continue to take action on accounts that violate our spam policy which can affect follower counts, these fluctuations appear to largely be a result of an increase in new account creation and deactivation," Twitter told NBC News.

Not All Users Are Seeing A Decline
On the reverse, the followers of significant right-wing figures have reportedly seen a spike since the Musk Twitter news.

The number of people following GOP Rep. Marjorie Taylor Greene has gone up by 100,000. Brazillian leader Jair Bolsonaro, known to fall on the far-right side of politics, has gained 90,000 new followers since Monday.

Either way, Musk is on a mission to change the Twitter narrative. As AfroTech previously reported, during a conversation at TED2022, he spoke about having an "inclusive arena for free speech" if he were to become the owner of the app.

"I think it's very important that we have an inclusive arena for free speech," he said. "Twitter has sort of become a de facto Times Square. It's really important that people have both the reality and the perception that they're able to speak freely within the bounds of the law."
concordtom
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oski003 said:







1) 2019 is irrelevant, except to realize how astronomically they've grown since;
2) they are a tech company, you are only showing Tesla motors, a subsidiary of Tesla.

Yes, I'm also interested in knowing how much % of rev comes from non-auto, like the expanding energy biz. Not only did they buy Solar City, which has apparently been a financial bust, but they are developing these large battery grid storage facilities. What else do they have on their balance sheet?
concordtom
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That's interesting that their auto biz is so profitable, as in your graphic, because I recall reading a decade ago that GM made no money selling cars, only on GMAC (fnancing, loans to buy cars) and the in shop servicing (oil changes and other repairs).

One of the beauties of the Teslas are so many fewer moving parts that break, and therefore maintainance is way cheaper, thus eating into another revenue stream for the old ICE companies.
oski003
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concordtom said:

That's interesting that their auto biz is so profitable, as in your graphic, because I recall reading a decade ago that GM made no money selling cars, only on GMAC (fnancing, loans to buy cars) and the in shop servicing (oil changes and other repairs).

One of the beauties of the Teslas are so many fewer moving parts that break, and therefore maintainance is way cheaper, thus eating into another revenue stream for the old ICE companies.


Traditional car makers make 7.5% GP per vehicle. Tesla makes 30%. That difference is ENORMOUS.

As to your other post, 616 million revenue on solar and power wall in Q1 2022. It is not currently profitable. Then again, Tesla wasn't profitable in 2019 and just posted 3.22 EPS Q1 2022. They are a monster.
bearister
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Cancel my subscription to the Resurrection
Send my credentials to the House of Detention

“I love Cal deeply. What are the directions to The Portal from Sproul Plaza?”
oski003
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bearister said:





ICE vehicles catch fire at much hires rates than Tesla but nobody censors the misinformation they pay the media to put out to portray EVs as dangerous. It is evil. Anyway, they will stop doing this being they have been forced to adapt because EV > ICE.
BearForce2
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MinotStateBeav said:

concordtom said:

I'd love to hear Musk discuss the insanities of the GOP.
He's incredible intelligent and future-focused.
The big uproar over him lately is entirely about his apparent lack of passion against what the GOP is trying to do.

HAS ANYONE ASKED HIM????



The Democratic Party went far left, some liberals ran after them, most stayed in place and now find themselves as part of the silent majority.
DiabloWags
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Musk has sold about $4 Billion in TSLA shares since the Twitter deal was clinched, according to Bloomberg.

He has tweeted that no more sales are planned, but the market doesnt believe him since he still needes to cover the $21 billion equity portion of the takeover.

The Twitter deal is literally becoming an Albatross for Tesla's stock, said Webush's Dan Ives.
concordtom
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DiabloWags said:

concordtom said:

DiabloWags said:

concordtom said:




I recently saw that Tesla market cap is as big as the other 10 largest vehicle manufacturers globally?
Omg, recipe to get crushed.
People pay for growth.
The other auto manufacturers havent been growing.


That growth is speculative.
Is Tesla auto going to take over all that other volume? Doubtful.

Those other companies have yet "to take over all that other volume".
Let alone at what kind of profit margins.
Your claim is just as speculative Tom.

For example, take a look at Rivian, the latest EV player on the block.

They have backing from Ford and Amazon. (Amazon has ordered 100,000 EV delivery vehicles).

They're trying to put out multiple vehicle models simultaneously (never been done before) while trying to scale and secure supply of battery cells and semi-conductor chips. - - - Their R1T truck beat Tesla and GM to the punch, but production has been slow and their SUV has been pushed back a bit as well. They've also had to increase the price of that SUV by 20% to $84,000 and the truck by 17%. In doing so, it's literally an admission that their original truck and SUV prices were structurally unprofitable.

In the meantime, they are expected to burn Billions in cash this year and will be hard pressed to achieve the 25,000 vehicles that they have forecasted to build this year, which is quite a bit lower from their original guidance from earlier this year of 50,000 units. They produced 2,553 vehicles in Q1.

Can legacy auto builders GM, Ford, and Stellantis scale up quicker and at better margins?
Perhaps they can. But they have yet to do so.

Tesla already has.
And is doing so at industry leading margins.


It is and will continue to be a very interesting thing to watch!


concordtom
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oski003 said:

bearister said:





ICE vehicles catch fire at much hires rates than Tesla but nobody censors the misinformation they pay the media to put out to portray EVs as dangerous. It is evil. Anyway, they will stop doing this being they have been forced to adapt because EV > ICE.


Must be fake news then, right.
Ignore that fire, everyone. It didn't happen.
concordtom
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DiabloWags said:

Musk has sold about $4 Billion in TSLA shares since the Twitter deal was clinched, according to Bloomberg.

He has tweeted that no more sales are planned, but the market doesnt believe him since he still needes to cover the $21 billion equity portion of the takeover.

The Twitter deal is literally becoming an Albatross for Tesla's stock, said Webush's Dan Ives.


Dude's not afraid of capital gains taxes.
He must see big things ahead for Twitter.

$4B? Wow!
concordtom
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BearForce2 said:

MinotStateBeav said:

concordtom said:

I'd love to hear Musk discuss the insanities of the GOP.
He's incredible intelligent and future-focused.
The big uproar over him lately is entirely about his apparent lack of passion against what the GOP is trying to do.

HAS ANYONE ASKED HIM????



The Democratic Party went far left, some liberals ran after them, most stayed in place and now find themselves as part of the silent majority.


Ben used to impress me as intelligent.
Now I just view him as a sniveling pimple on somebody's butt.
oski003
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concordtom said:

oski003 said:

bearister said:





ICE vehicles catch fire at much hires rates than Tesla but nobody censors the misinformation they pay the media to put out to portray EVs as dangerous. It is evil. Anyway, they will stop doing this being they have been forced to adapt because EV > ICE.


Must be fake news then, right.
Ignore that fire, everyone. It didn't happen.


I overestimated you. You certainly don't get it. Nobody said that this video is fake. I am saying that the the big three traditional u.s. automakers lobby the media to promote Teslas as dangerous even though their own vehicles catch fires at higher rates. Tesla fires make the news while other carmakers' fires, which occur at a much higher rate, never make the news.
dajo9
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oski003 said:

concordtom said:

oski003 said:

bearister said:





ICE vehicles catch fire at much hires rates than Tesla but nobody censors the misinformation they pay the media to put out to portray EVs as dangerous. It is evil. Anyway, they will stop doing this being they have been forced to adapt because EV > ICE.


Must be fake news then, right.
Ignore that fire, everyone. It didn't happen.


I overestimated you. You certainly don't get it. Nobody said that this video is fake. I am saying that the the big three traditional u.s. automakers lobby the media to promote Teslas as dangerous even though their own vehicles catch fires at higher rates. Tesla fires make the news while other carmakers' fires, which occur at a much higher rate, never make the news.


Russian propaganda outlets also routinely attack EVs
concordtom
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oski003 said:

concordtom said:

oski003 said:

bearister said:





ICE vehicles catch fire at much hires rates than Tesla but nobody censors the misinformation they pay the media to put out to portray EVs as dangerous. It is evil. Anyway, they will stop doing this being they have been forced to adapt because EV > ICE.


Must be fake news then, right.
Ignore that fire, everyone. It didn't happen.


I overestimated you. You certainly don't get it. Nobody said that this video is fake. I am saying that the the big three traditional u.s. automakers lobby the media to promote Teslas as dangerous even though their own vehicles catch fires at higher rates. Tesla fires make the news while other carmakers' fires, which occur at a much higher rate, never make the news.

I understood your point about ice engines catching fire. But I'll assume that you have no evidence for claiming " the big three traditional u.s. automakers lobby the media to promote Teslas as dangerous".

Instead, could it be, that the idea of lithium battery cars are new, and lithium batteries that suddenly overheat and burst into flames is completely new and shocking, such that whenever it happens it is sure to catch eyes and ears?

My saying that the video was fake was a sarcastic barb - people want to redirect or distract from certain things by bringing up other stuff.
I guess you were just making a statement. I didn't need to poke fun at it. I'm sorry.

If ice burns more than lithium, I don't need to combat that. I've got no dog in that fight.


concordtom
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dajo9 said:

oski003 said:

concordtom said:

oski003 said:

bearister said:





ICE vehicles catch fire at much hires rates than Tesla but nobody censors the misinformation they pay the media to put out to portray EVs as dangerous. It is evil. Anyway, they will stop doing this being they have been forced to adapt because EV > ICE.


Must be fake news then, right.
Ignore that fire, everyone. It didn't happen.


I overestimated you. You certainly don't get it. Nobody said that this video is fake. I am saying that the the big three traditional u.s. automakers lobby the media to promote Teslas as dangerous even though their own vehicles catch fires at higher rates. Tesla fires make the news while other carmakers' fires, which occur at a much higher rate, never make the news.


Russian propaganda outlets also routinely attack EVs


Now THAT I could see.
Russia profits off oil burning. EVs bad. Direct connection. Got it.
concordtom
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oski003 said:

bearister said:





ICE vehicles catch fire at much hires rates than Tesla but nobody censors the misinformation they pay the media to put out to portray EVs as dangerous. It is evil. Anyway, they will stop doing this being they have been forced to adapt because EV > ICE.


I support your assertion that the ice manufacturers have been forced to adapt!
That musk pushes advancement is fantastic!!
Unit2Sucks
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What will Musk's newfound legions of incels and assorted Deplorable nut job followers say when they find out how he feels about climate change.

BearForce2
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Panic time? America is not Europe.
DiabloWags
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BearFarce said:



Panic time? America is not Europe.


And you're not American.
BearForce2
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DiabloWags said:

BearFarce said:



Panic time? America is not Europe.
And you're not American.
Last week, the Biden administration announced they are creating a so-called "Disinformation Governing Board" at the Department of Homeland Securityrun by a partisan left-wing lunatic who tried to convince people that the Russia Hoax was true, and the Hunter Biden laptop information was put out by Russia, which she knew was false. The Democrat Party's brazen and desperate attempts at censorship prove how cowardly they are. They are terrified of MAGA, and they should be. When Republicans take back Congress, the first thing we will do is de-fund this ridiculous propaganda board, fire the left-wing censors, and terminate their outrageous violations of our First Amendment rights. - President Trump
BearForce2
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Mega-conglomerate Comcast owns NBC and all related properties.
wifeisafurd
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Elon fights back:

Tesla CEO Elon Musk took a scorched-earth approach to NBC on Monday after a left-wing Peacock host accused him of handing Twitter "to the far-right." Musk's response "Same org that covered up Hunter Biden laptop story, had Harvey Weinstein story early & killed it & built Matt Lauer his rape office. Lovely people,"
BearForce2
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Everyone that the far left disagrees with (hates) is labeled far right or right wing.
Unit2Sucks
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wifeisafurd said:

Elon fights back:

Tesla CEO Elon Musk took a scorched-earth approach to NBC on Monday after a left-wing Peacock host accused him of handing Twitter "to the far-right." Musk's response "Same org that covered up Hunter Biden laptop story, had Harvey Weinstein story early & killed it & built Matt Lauer his rape office. Lovely people,"

I don't think that Elon is far right but obviously his desire to permit hateful and toxic content on twitter is seen as a thing of value and beneficial to the far right. What he actually believes is somewhat irrelevant if the reasonably foreseeable results of his actions are known.

The fact that Elon believes in climate change makes him a non-starter for the Republican party but they crave the ability to mislead their base through misinformation so dearly that they are willing to look past it.
Anarchistbear
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Twitter is full of tribal moonies so anyone who doesn't follow the partisan line triggers their massive paranoia which in their deluded view makes them a "fascist" or a "communist"

But Musk's primary interest is Musk not the media simpletons and their provincialism. Plus, like Trump, he's good at Twitter being concise, snarky and funny.- so it might at least be entertaining!
 
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