Reposting here as I'm not sure
this post won't be deleted in the Elon thread re Twitter's significance for Tesla followers and investors
just checking - we aren’t supposed to talk about Elon’s political positioning on the investment thread, the Elon & Twitter thread or the Elon Musk thread right?
Although I respect the mods here, it is really a blind eye to just decide to ignore the very very public CEO of Tesla and pre-determine that his political stance will have no impact on the company or the Tesla community.
I don't think folks, even here realize (or want to see) that Elon's latest move is perfectly in tune with what he has been doing forever: when he sees abnormal, large dysfunctional issues that can be addressed, he does go after them.
He did start with the one he figured out while in his first stint as intern in a Canadian bank: why are we still paying with checks for online purchases, as well as other inefficiencies in the financial system. Fortunately he didn't get to go beyond selling his stake to what would eventually be Paypal. Because he would have tried to go against a rather huge behemoth.
That same behemoth, the financial industry ( see www.cabonbubble.net ) has been the true enemy of Tesla, pushing the SEC and the mass media FUD all along.
Now Tesla can't be stopped, only slowed down. Not only does Tesla have the best tech and best manufacturing, best products in high demand everywhere regardless of the FUD, they also don't depend on Wall Street anymore re financing needs: besides their cash generating gigafactories, the Chinese are eager to continue and help them. Because the Chinese aims align with Tesla's (They do not have oil & gas reserves, nor atomic plants for energy).
The real obstacle to Tesla then can now be tackled, and rather than buy politicians or lobbyists Elon prefers rallying public opinion, and therefore votes, to change the political landscape currently owned by the mafia like big corps ( BlackRock and Vanguard and whoever controls them, see
How BlackRock, Vanguard, and UBS Are Screwing the World ).
This is a gutsy move on Elon's side, but REALLY is an even bigger challenge than Tesla was. And I think Elon has the tools to address it successfully.
1. Tech. Social platform engineering has been immensely successful in manipulating the masses. See what Facebook was able to accomplish or was complicit in letting other accomplish. With bots and social engineering boxing people into echo chambers, then manipulating them.
Tesla's FSD requirements pushed it to actually come closer to solving the AGI problem than anyone else. Once the FSD issue is solved with Dojo and their NN algos, they can tackle social engineering with the same tech, using Twitter posters as pilots for learning purposes.
2. Psych issues (and their political ramifications). Elon certainly has thought a lot about the basics. For those who claim he hasn't the knowledge of specialists in the field: like for rockets, Elon is a quick learner, *AND* he is excellent at hiring and attracting the best in the field.
These are off the cuff notes; please feel free to amplify or correct any of this. Hopefully the mods won't wipe this post. The main investment thread is probably (and rightfully so) wary in engaging the Twitter issue, but time will tell if this was a good decision. Not only will the Twitter thing hugely influence TSAL the SP, but it itself may become a large profitable investment in itself (which is why Elon created X holding companies recently too).