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Did he sell his stocks to someone else or did Tesla Inc™ buy them back?
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2024-04-06
Good, I hope he kills both companies.
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2024-04-06
Great, so then you’ll need to follow the law. The good news is that as a shareholder, the law also prevents dickheads with a bunch of shares and MNPI from cashing in on it and screwing you over.
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2024-04-06
meh, CEOS and politicians do that all the time with 0 consequences. You guys think this time will be different?
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2024-04-06
The fines are cheaper than the money he scams
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2024-04-06
Reminds me of comic books where the ultra-rich live in a space home floating in Earth's orbit.
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2024-04-06
I thought that too when he started trying to pump and dump Twitter then switching everyone who was previously banned for legitimate reasons back on as a wet attempt at driving more use interaction up. Now that I look back though, Tesla already buried itself long before the nonsense that musk pulled. The cybertruck sank them financially, it will never be profitable, they have yet to make good on any of their promises and release products on time or close to a timeframe, they have yet to innovate the market they pushed. I mean he has been saying for 9 years he was going to make a price conscious electric vehicle, that was supposed to be the S, then the Y and now the 3 but he doesn't even have a release date on that either, he scoffed at a reporter who asked what he thought of the ford push and if he saw them as competitive, he literally said he isn't even worried about it. Ford will soon surpass them with room to breath probably before the end of this year. I mean genuinely he has owned 51% of the market for 10 years and he still hasn't made Tesla profitable once.
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2024-04-06
So musk built a $100mil battery to stop Adelaide from having blackouts & now you want him to rot in jail for life? Holy fuck!! If he failed at the battery would you want him dead? This world is truly fucked!!! FYI if he is being charged with insider trading so should 90% of congress & the Senate. Amazing how quick people are easy to call out someone’s faults and condemn them after they actually have made a difference in the world. Not even saying go buy a Tesla, I’ll never buy one. But the visceral hatred people that have done zero for others will be this worlds downfall. Good luck in life.
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2024-04-06
yeah... [https://www.theverge.com/2024/6/4/24171165/elon-musk-tesla-x-nvidia-ai-chips-divert](https://www.theverge.com/2024/6/4/24171165/elon-musk-tesla-x-nvidia-ai-chips-divert)
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2024-04-06
probably the largest buyer's remorse for a long long time
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2024-04-06
EV’s are not good for the environment. Also the damage it is continuing to do to the Congo is disastrous not to mention killing people.
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2024-04-06
The guy built a fucking space rocket & provides internet to millions who would not otherwise have it. But damn him for thinking big!!!! 😳
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2024-04-06
A grifter who has done more for this world than you can even dream.
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2024-04-06
X is disappearing into the blue
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2024-04-06
City of Chicago fell for his bullshit when he proposed a 22 mile tunnel from downtown to O'hare airport.
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2024-04-06
You mean the video called "the FFT line that fooled the world"? The one with the subheading that reads: "I made the "penalty for a crime" meme, it was never in the game. (;" Yes, that's the video that was linked.
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2024-04-06
Who would have thought there's a twit at head of Twitter
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2024-04-06
Because my dumb ass signed up when it first came out and thought it was already converted to CAD, after converting from USD the total is $26 how do you get 10 and $11 out of that? either way even if it was only $5 its still a scam
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2024-04-06
People like you are the reason I don’t use Reddit anymore.
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2024-04-06
I wasn’t the guy you responded to. Anyway, read some history. I recommend you start with Hitler. You can just jump to how he lost his power and died.
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2024-04-06
People who comment on stuff they don't read should go away. Good riddance.
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2024-04-06
His trans child hating his guys started it.
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2024-04-06
Ok name one thing that has done harm to the world that Elon is at fault of.
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2024-04-06
So like, Hawaii? Fiji?
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2024-04-06
I’m not defending musk but Directors or shareholders of 10% more of a publicly traded company have to disclose trades in advance. Yes he definitely could have seen this coming and decided to sell 6 months ago, but it’s not like he saw the numbers recently and said oof gotta sell!
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2024-04-06
Literally any stock sale/purchase a CEO does of his own stock is “insider trading.” Can the man never buy or sell unless he steps down?
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2024-04-06
So you mean the ads on Twitter, from Elon, saying "investing in lithium production is like printing money" is a scam? /s
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2024-04-06
> She was sent to jail for committing securities fraud through insider trading. It’s the same crime... not sure where you are getting your facts from? she went to prison for obstruction of justice - basically for _lying to federal investigators_ you have either confused or conflated a **civil** matter, brought by the SEC, which results in **a fine** (like what Elon Musk is looking at here, except so far the SEC is not involved) and a **criminal** matter, which results in a much harsher punishment, like jail time the two also have different burdens of proof, among other differences... you can maybe try wikipedia if you want to (re)check your facts, but it's pretty easy to confirm what I'm saying the two cases didn't even happen at the same time - the _insider trading_ case wasn't brought until _after she had already served time_, in 2006
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2024-04-06
“Horrendous people” i.e. the basket of deplorables?
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2024-05-06
No, I love high speed trains.
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2024-05-06
Every stock is a meme stock to a degree
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2024-05-06
Well it's all the same to the billionaire club. Can you tell the difference in size of a microbe, a bacteria and a virus? No, they are all invisible nuisances.
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2024-05-06
Elon purged his PR team in 2020.
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2024-05-06
Nope - he was always hard right. He just fired his PR team in 2020 so he had no one cultivating his public persona to prevent people from finding out about it.
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2024-05-06
If you use the following tab, you can actually just get the people you want in your feed. It's still not the joy of getting random content I actually liked reading, but at least it allows you to avoid the right wing circus.
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2024-06-06
The Bay Area is already working on expanding eastward towards Sacramento. I'm sure they would connect them, even if the high-speed part stopped at Sacramento. I'm sure some of the folks also wanted Sacramento to become a larger city, which such a rail would facilitate.
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2024-06-06
LA to Vegas would definitely be more useful!
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2024-06-06
What about the rockets? Probably the only thing he hasn’t ruined because it’s the thing that he’s least meddled in. (Take in mind that I exclusively said the rockets)
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2024-11-06
Agreed, funding Tom Mueller is the best thing he has done.
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2024-11-06
Praise Shotwell! Praise Mueller! Praise all the engineers and designers! Praise the astronauts! Do not necessarily praise Elon!
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2024-11-06
He hired him, he does know how to hire the best people, I’ll also add that. Does that make a good CEO? I don’t know.
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2024-11-06
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2024-04-06
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2024-04-06
Glass half empty perspective. My first thought is I can send my digital twin to a meeting so I don’t have to attend the fucking thing. Far, far too many meetings in any office role these days.
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2024-04-06
good the ai can attend the dumb meeting and take notes for me. Then i can do something more useful. More then half of the meetings I'm forced to attend are useless and a waste of time.
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2024-05-06
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2024-04-06
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2024-04-06
This. Now **this**, is what I want AI used for. Not to steal jobs but to automate the tedious ones
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2024-04-06
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2024-04-06
That seems low? My 26 solar panels have already created 2,300 KW over half a year (half of that being a Canadian winter). Am I missing something?
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2024-04-06
Companies will install these in their HQ to project a green image. Likewise with fancy 5 star hotels. The fact they won't produce any significant amount of the energy used by the building doesn't really matter in that case.
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2024-04-06
You thinking solar freaking roads?
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2024-04-06
Probably about 12 Emerson cubes a year. Could be better.
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2024-04-06
vertical turbines lining the stadium
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2024-04-06
Joules. kWh is for EEs.
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2024-04-06
Yeah I’m guessing they must have meant 2,200 kWh annually. It’s 8 of those blades, two of the 4-blade panels in the picture, so that seems about right for that.
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2024-04-06
Anyone want to go in on a fence? We’ll be rich with 6 million homes paying us.
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2024-04-06
You could put it in a very flat area and watch it shred wildlife.
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2024-04-06
After the Dust Bowl, farmers began planting rows of trees along the edges of their fields. This reduced the wind erosion. The same thing could be done with these. The problem would be keeping them clean.
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2024-04-06
Without knowing the costs, this all means absolutely nothing - assuming that the mean 2,200 kwh per year. Because otherwise it means even less.
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2024-04-06
Why not make the blades solar panel as well so it is double efficient?
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2024-04-06
You mean in football fields?
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2024-04-06
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2024-04-06
So in retrospect, does this mean that the initial demand is understated until the market establishes viable competition? I think that pattern can be tied to other markets (personal computers, smartphones, solar panels etc.).
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2024-04-06
It's not sudden and it's not a surprise, it's part of Tesla's masterplan. It's been known for a decade.
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2024-04-06
Exactly. Even if the vehicle becomes affordable, the electric bill to power it sure won’t.
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2024-04-06
The only driver of lower EV prices is Tesla lowering prices since their margins can handle it and it aligns with the masterplan
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2024-04-06
Well, that and manufacturers realizing that they actually needed to target other market segments than just 'luxury'.
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2024-04-06
It's generally cheaper to charge a car at home than fill it with gas
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2024-04-06
"in comparison to their competitors" Hyundai and Kia > Tesla
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2024-04-06
You just plug in overnight. Level 1 seems to keep us easily topped off. It's \*so\* much cheaper than gas.
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2024-04-06
This happens with any new mass market tech. Everyone wants a color TV but no one wants to pay $1000 for one. As more companies make them, competion drives the price down, and a lot more people are suddenly in the market. I'd never have bought a Tesla for $40k or whatever, but offer me a Leaf for $19k and, well...long story short I own a Leaf now.
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2024-04-06
I mean, I guess it’s subjective, but I drove them all and the feel and tech was way better in the Y.
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2024-04-06
There's standard standard, and "I want more money so I'll add in more bullshit stuff as standard so I can legally charge people more" standard. Also, safety standards my ass, Tesla passed inspection. Tesla. With that bs touch screen everything. And Touch screen PRNDL? Genius. How did those passed inspection?
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2024-04-06
I wantt an EV, but I'm not going to buy one until replacement battery costs are no longer almost the entire value of the car.
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2024-04-06
Tesla did exactly what they needed to. They marketed cutting edge technology to the people who could afford it. Everything starts out as luxury until it isn't.
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2024-04-06
There's plenty of American cars that get awful safety grades and still "pass". Now they just build them bigger so you're more likely to kill someone else and survive.
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2024-04-06
Leafs _do_ seem to just fall into driveways, don't they.
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2024-04-06
Who told you that?
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2024-04-06
You are plotting the short end of the ev graph.
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2024-04-06
Not everything. And it doesn't have to be that way, that's my point. Especially not with tech to reduce emissions ffs.
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2024-04-06
Nope, your clueless about business.
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2024-04-06
They've already lost the money. The only way to make it back is to sell EVs. Manufacturers don't sell cars at a loss. That's stupid.
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2024-04-06
You are essentially paying what the predicted value of the vehicle will be at the end of the lease. Another fun fact about leases is that if you have negative equity when trading in, a lease will zero out your negative equity.
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2024-04-06
The people* offset the costs for consumers. Like the guy who rides the bus helped pay for the dude who makes $200 to buy a tesla. Sweet deal.
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2024-04-06
Intelligent comments are not allowed at the top of r:technology comments!!
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2024-04-06
Hell they are cutting off the rebates for buying a new EV up here in Canada
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2024-04-06
Cheap Chinese EVs won't be flooding the north American market for a long time. There are too many hoops to jump through in order for them to even have a foothold over here and will be pressured by the lobbying automakers already here to NOT be here and have more competition.
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2024-04-06
It was a joke about inflation but I don’t think people realize that
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2024-04-06
The cost for repairs is not.
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2024-04-06
Suddenly chinese car makers are a threat
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2024-04-06
But having rented a BYD on my last trip, you’re really not missing anything. 
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2024-04-06
True, but it starts to make total sense if one comes at it from a grievance politics/contrarian point of view. And I suspect a lot of people making those types of comments are. Feel slighted by a system that doesn't "work for" you? Support their natural adversary for short-sighted goals. Interested in grievance politics? Well, with extreme reductionism everything can be tracked back to capitalism, enshittification (which is overused *and somehow misused* all the time, to the point where Doctorow created a separate definition for how people are actually using it since it is clear most people just picked it up as part of pop culture), and the USA. I'm a tech worker. I see the grievance angle all the time online. People get happy with every massive tech mass firing, especially in this sub--which is a sub for luddites more than tech enthusiasts these days.
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2024-04-06
Bro you can’t even spell, you might be out of your depth on this one
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2024-04-06
EVs are bullshit, and people are returning to petrol or hybrid.
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2024-04-06
no it doesn't and especially not when it comes to trump "history's least consistent person"
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2024-04-06
>Proof that the battery recall was completed Can't you get that info with the VIN and a search on www.nhtsa.gov? Just curious if there's some other gochya in that process.
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2024-04-06
I wish it would bite them sooner. It feels like all of society has started catering to making fewer, more expensive products and just marketing to the wealthy or people who make poor financial decisions. I miss being able to skip out on some features and buy something cheaper.
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2024-04-06
Affordable if you utterly ignore the shocking depreciation and insurance.
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2024-04-06
If you want cheap then buy a used Bolt. We have a 2019 and love it. 
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2024-04-06