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Elon Musk

Discussion in 'Tesla, Inc.' started by graham, Nov 5, 2008.

  1. Cosmacelf

    Cosmacelf Well-Known Member

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    Great interview with Elon today. About 30 minutes long. Lots of headlines being made out of this.

    Wall Street Journal @WSJ
     
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  2. Cosmacelf

    Cosmacelf Well-Known Member

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  3. Randy Spencer

    Randy Spencer Active Member

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    Scary
     
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  4. banned-66611

    banned-66611 Guest

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  5. Nuclear Fusion

    Nuclear Fusion Active Member

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    He’s not too bright when it comes to the fundamental failings of free market theory, as is the case with most libertarians - it requires cherry picking to shoehorn theory into reality
    Don’t expect any change on Covid19 from him - he staked too much into his position with idiocy. We’re a long way from “close to zero cases by end of April”
     
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  6. banned-66611

    banned-66611 Guest

    AI doesn't work like that, at least not current AI. It's not like a person that can learn and master new tasks. It has to be designed for specific and very limited tasks. If Tesla don't anticipate something it won't be able to handle it, there simply won't be a NN capable of dealing with that situation.

    In any case they likely don't even use AI for planning, just for recognition.
     
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  7. banned-66611

    banned-66611 Guest

    I expect he will be lining up for the vaccine anyway. Most of those politicians who denied it have now used their position to get an early vaccination.
     
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  8. Tiger

    Tiger Active Member

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  9. Cosmacelf

    Cosmacelf Well-Known Member

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  10. ModalYYJ

    ModalYYJ Member

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  11. Randy Spencer

    Randy Spencer Active Member

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    Just wait until people start to realize how economical it is to drive-electric. Everybody's gonna want a Tesla, Elon's gonna be so rich...

    Oh, I guess that phrase has lost all meaning now.
     
  12. Cosmacelf

    Cosmacelf Well-Known Member

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    Elon's wealth is no less real than Bezos. In theory, both could convert their shares into that cash value. In practice, not so much, for either man. If anything, Elon's wealth is more diversified since he holds a significant stake in SpaceX.
     
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  13. Cosmacelf

    Cosmacelf Well-Known Member

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    I know what you said, I just don’t agree. That’s like saying Berkshire Hathaway should be worth more than Tesla. You and other value investors miss the part where Berkshire has steady but guaranteed small growth ahead of it while Tesla has likely massive growth ahead of it. It is the same reason all growth stocks are “overvalued” using a certain set of metrics. Anyways this discussion is more suited to one of the investment threads.
     
  14. Cosmacelf

    Cosmacelf Well-Known Member

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    And what does this have to do with this thread? As I said, I do not agree with you. Peddle your thoughts elsewhere please.
     
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  15. wdolson

    wdolson Well-Known Member

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    He is the richest person with known wealth. There are rumors that Vladimir Putin might be the richest person on Earth, but it can't be verified.

    It annoys me that people talk about the richest person on Earth like they're Scrooge McDuck with a mountain of gold in the basement. None of the richest people, Bezos, Musk, Gates, etc. can lay their hands on all their wealth at once. Gates is a good example of how slow it is to access your wealth if your in that league. He has planned to sell off almost all his Microsoft stock and put it into his foundation by the time he dies, but he can only sell a relatively small amount a year or else he crashes the stock price. So far he has more wealth now than when he started selling off the Microsoft stock because it continues to go up in value.

    When you have so much wealth in stock, there are ways you can free up some cash for things the rest of us would think extravagant like six houses in one of the wealthiest neighborhoods in the country. They can sell a small amount of their stock, or borrow against it. Banks love to give those types of loans. Someone owns $100 billion in stock and wants a loan for $10 mil. It's a pretty safe bet unless the stock is something like Enron.
     
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  16. Cosmacelf

    Cosmacelf Well-Known Member

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    Whaaaat? You mean this isn't real?? Childhood illusions, shattered.

    [​IMG]

    Yes, that's what many stock rich billionaires do and when you think about it, it makes perfect financial sense for them. Elon would be poorer today if he had sold Tesla stock as he needed it for living expenses, rather than borrow against it paying, say 4% per year.

    I've secretly always wanted a vault like that ever since I saw that comic as a kid...
     
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  17. Cosmacelf

    Cosmacelf Well-Known Member

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  18. Nuclear Fusion

    Nuclear Fusion Active Member

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    I wonder if Elon will make a donation to, say, a charity for victims of domestic violence
     

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