It’s a ”you guys lied in your public disclosures” statement. The people responsible will be gone soon (if not already gone) so they don’t have to explain what they did. I’m sure they’ll be MFing Elon on the way out claiming that they refuse to work for him.
Desalination plants are not all they are cracked up to be.
The heavy salt water that gets pumped back into the ocean at the end of the process is known to be toxic to many species that form the base of the food chain. A proposed desalination plant for Huntington Beach, CA (LA area) was specifically rejected this week based upon that scientific fact alone.
A salty dispute: California Coastal Commission unanimously rejects desalination plant
The commission, in a marathon session today, killed a controversial desalination plant proposal that’s been debated for more than 20 years.calmatters.org
Would be different if they would truck the salt out to the desert and bury it or something, but desalination is already an expensive process to begin with, they won't add that expense.
Thats about where I've settled. I'll gripe about it to people like you guys, but in the end I'm making my choice every day.
I believe all of us share this sentiment to some degree. However, the SP is back to January 2021 level, same as SPY. This means, if I had bought then and there and decided to stick with the stock through:
Long-term status for the gains when they come. Here to help.
Elon doesn't take a salary and he's always leveraged to the hilt. Might as well just tell him keep the money, he can actually use it to I dunno buy a house nicer than a literal box for starters.
After I posted I realized that I should have added a stress factor as well, and to some degree my efforts to combat FUD and promote the brand. So let's say SPY + 20%. Which when I type that, ok, ouch.
He sold all his baller homes for his own reasons though. Spealking of mansions, Franz just bought a huuuge one.
teslamag.de
What you're saying was stated in 2010, 2011, 2016 and 2018 too. And yeah the Fed has supported the market heavily... and that is decreasing. This is not the first or last time of easing. Nor will the lack of support extend forever either. It is fluid and remain fluid on longer term perspective. In the end, the market wants return, when the market hits the levels it feels there is a good return possibility, it will change.
On the contrary, I was well aware of the imminent macro correction coming at some point in the future. However, my belief in the company outweighed that concern. I say it takes much less courage to buy now, knowing so much fluff has been taken out of the market, provided someone is well informed of the Fed's monetary policy. Yeah, it was a no brainer to buy last year if you weren't in it for the long term.
