Is Elon Musk our guy?
>believes the US is the greatest country in history
>self-described American nationalist
>founded two titanic companies that are disrupting their respective industries
>is pushing the boundaries of space exploration
>now advises Trump
Other urls found in this thread:
bloomberg.com
wsj.com
money.cnn.com
zerohedge.com
sec.gov
zerohedge.com
finance.yahoo.com
zerohedge.com
twitter.com
But he's jewish
Appointing people to run the departments they hate is a key in making for change.
>Narwhals when the bacon hits midnight.
Shut up faggot
Fuck this jew
>Jewish
>(((American))) nationalist
>Our guy
How fucking new are you?
I'd probably like him better if he didn't think "Hyperloop" was a good name. Like, also the concept is stupid and wouldn't work, but the name, goddamn.
>now advises Trump
Reddit on suicide watch
go be fags somewhere else
Trump convinces congress to fund Mars colony for Musk
....and the watch is over, it is showtime
Elon Meme is basically the guy that everyone blames Trump of being
>Makes wild promises he won't keep
>Keeps leeching off of the backs of others
>Finances are shady
Everyone wants to say all of these about Trump but Trump has been very public and all over for decades, Elon seems like a conman that cons both the public sector and private investors
You're a fucking moron scum and insult to anyone with a fucking functional mind
>Get investors interested in what he's doing
>He starts companies within certain areas of the economy US subsidizes
>Makes a profit from funneling taxpayer money to his companies and his investors
He's good at what he does and takes advantage of the situation like you're supposed to, but he's doing it on your dime. Don't forget that.
nah, he's dodgy as hell. tesla never makes a profit but is valued at half of BMW? which makes a thousand times as many cars
spacex only makes money through public money grants
He also gets billions in subsidies for his shitty companies. I'd take him more seriously if he made a go of it wihtout the subisdies.
Silicon Valley rumor mill says he's a close WN.
Same with Peter Thiel. Who knows if it's true, though.
he's a narcissistic pos
>tesla never makes a profit
tesla posted profits last quarter you dumbass
so does every other us corporation and individual citizen. its called minimizing your tax liability.
So? Have you driven a Tesla? They are p nice.
for the first time?
have you got a source for the last 5 year profit/loss?
yes for the first time. their main product line hasn't even hit the market yet and they've already posted a profit.
Checked
very concrete post
No, he's an egotistical charlatan who wants to be Edison so bad but lacks the technical skill or business acumen to be anything but a poor imitation.
Musk is pretty based, but I just got really fucking tired of him shilling MUH GLOBAL WARMING to sell solar panels and electric cars
just make nice cars and shut the fuck about with the liberal moral crusade about a doomsday theory made up in 1988
SpaceX is incredible, they need to figure out the problem with the shitty helium tanks that caused both explosions though
>already
bloomberg.com
wsj.com
>DETROIT—Tesla Motors Inc. Chief Executive Elon Musk told an auto industry gathering here on Tuesday that his luxury electric-car company won’t be profitable on a basis that includes executive compensation and charges until 2020.
admittedly that's from jan 2015
money.cnn.com
>Tesla (TSLA) posted a profit of $22 million for the third quarter, which is just the second time it has ever been in the black. Its only other quarterly profit came more than three years ago.
>Tesla will likely need to raise more money to finance the production of the Model 3, its first mass market car, and build its ginormous Gigafactory. The car company expects to invest billions on each effort.
>Musk is also trying to convince shareholders to approve Tesla's acquisition of SolarCity (SCTY), another company with Musk as a chairman and large investor. Like Tesla, it's also a business that typically loses money.
anyway, it's a pretty shitty company that only makes money from green tx loopholes and grants
He's also Canadian/ South African
Isn't he going to create Skynet and sell technology to the NWO?
>just make nice cars and shut the fuck about with the liberal moral crusade about a doomsday theory made up in 1988
they can't. that is the only reason anyone would buy one, and with Trump slashing green shit, it's not looking good for them
and his other company solarcity is also a shit company that only makes money from tax breaks and grants, if at all
Musk isn't a jew. I don't know where people got that shit.
Holy shit nu/pol/ get the fuck out
>Chief Executive Elon Musk told an auto industry gathering here on Tuesday that his luxury electric-car company won’t be profitable on a basis that includes executive compensation and charges until 2020
>Tesla (TSLA) posted a profit of $22 million for the third quarter
does this mean that he waived his executive compensation and charges(or delayed them) in order to post a profitable quarter?
that's not how valuation works
the market anticipates the future at every moment
that's why the day the fed raises interest rates nothing happens because signals to the market already shifted expectations and affect valuation
that's why companies like google and tesla have high value even though they struggle to turn profits, assuming they are as well managed as they are right now and nothing disastrous happens their dividends will keep coming well into the 21st century
tobacco companies are the polar opposite and their valuation is almost entirely based on current sales due to expectations of an increasingly diminishing number of smokers and higher regulations
I'm not sure how to address your sources, as they are either pure speculation (bloomberg), out of date (wsj), or not helpful to your argument (cnn money).
>makes money from green tx loopholes and grants
this is patently false, as none of the tax incentives actually put money in the pocket of tesla, rather they are tax deductions (reduction of tax liability). so no, they don't make money from the government, rather they pay less in taxes. However, this is not to be confused with preferential treatment, as none of the tax incentives tesla takes advantage of are available only to tesla. any company can get them.
Wtf are you guys hating on?
What have you or anyone in your family ever done for humanity?
All of your lives combined are fucking worthless compared to his.
Sup Forums truly is just a bunch of rednecks who managed to find each other on a forum.
He's one of the villains in an Ayn Rand novel. Some businessman who built a fortune off government subsidies.
Bezos is gonna still this fucker's thunder with Blue Origin. Gonna laugh my ass off when he does. Bezos is a fucking capitalist genius.
Literally none of those things are true. And the only one kind of true is pushing space exploration boundaries, but even before him when I was in 3rd grade (20 years ago) people were talking about going to Mars. What's he's doing now isn't significant
Jews can be the good kind of woke too, dude. Trump knows we have more shit to worry about than this spec of dust suspended in a sun beam, even if hell never see the best fruits of his labors.
The best men plant trees whose shade they'll never see.
>that's why companies like google and tesla have high value even though they struggle to turn profits
yes, because mr market is crazy. proper valuation should be done on the fundamentals, but many investors buy on specualtion
as I mentioned, tesla has no hope of being long term profitable without tax breaks etc
>none of the tax incentives actually put money in the pocket of tesla
I can't find the article right now, but I read that the 3 musk companies get grants and funnel the money to eachother through loans
anywya, howabout addressing the market cap per car sold of tesla v say bmw
>>believes the US is the greatest country in history
>>self-described American nationalist
Sup Forums is an anti-American board.
>So what is the fundamental case math: with a market capitalization of $31 billion, Tesla is valued at about $620,000 for every car it delivered last year, and about $63,000 for every car it hopes to produce in four years, in 2020. By comparison, General Motors, with its 5x PE and $48 billion market value is equivalent to about $4,800 for every vehicle it sold last year: a 130x growth premium.
>Some more math: if Tesla shares were to grow 10% a year for the next decade it would have to reach annual sales of 1.5 million cars at triple GM's typical $1,000-per-car profit to justify a more moderate price-earnings ratio of 20. Last year GM sold 10 million cars and Ford sold 6.6 million. Tesla delivered 50,000.
>founded company to sell shitty plastic chinese toy cars for $65,000 profit each
>begging for taxpayer money to funnel into shitty plastic chinese rockets that only work 16% of the time
>begging for taxpayer money to send fools on a suicide mission to a scientifically-irrelevant rock six months away
yeah he's sure our guy, Sup Forums. He's the jewest of the jews, and doesn't even do anything productive with it.
>does this mean that he waived his executive comp
holy shit. i honestly thought i was about to school you, so i looked up their filings with the sec
sec.gov
and you were right, musk in fact did waive his executive compensation....
>musk companies get grants and funnel
the nature of the subsidies tesla receives are not cash handouts as you seem to imagine, rather they are reductions to their tax liability
>addressing the market cap per car sold of tesla v anyone else
market cap is a representation of the market's faith in a company's future. tesla has a huge market cap in comparison to the rest of its financials, but that only means its publicly traded stock is in very high demand
Gigafactory is the only good thing he's done.
Fuck off rooskie, or I'll teach you to suck eggs.
This
See you on Mars, bitches.
"He wants to be Edison"
>names one of his companies after Niko Tesla.
OK yeah that makes sense.
NASA is a socialist construct you fucking cuck.
>and you were right
nice of you to admit it
>musk in fact did waive his executive compensation
there are also irregularities in GAAP/non-GAAP revenue(i.e. cheating on accounting)
his other comapny solarcity does get many millions in federal grants(or has done)
zerohedge.com
>market cap is a representation of the market's faith in a company's future. tesla has a huge market cap in comparison to the rest of its financials, but that only means its publicly traded stock is in very high demand
true, but it's also a very trendy stock. what's it's current P/E?
finance.yahoo.com
hmm, -31.42? is that a stock you would recommend?
don't forget that there are other competitors in teh ecar market(a market which only exists because of tax breaks, subsidies and climate change scaremongering)
>>founded two titanic companies that are disrupting their respective industries
>>is pushing the boundaries of space exploration
All by sucking government dick
guy makes space citizen look like pocket change scam, you have to respect that
is it true he's with amber heard?
damn trump looks all grown up in that first photo.
for world and emperor
>mfw a swedistani poster that isn't a moron
Trump is a socialist though. He is telling business leaders how they should operate their businesses or face the threat of state intervention.
This is the kind of African-American I am okay with advising Trump.
Says the (((American)))
No, fuck this guy. Fuck him thousand times. Fuck him purple elephant dick.
Elon musk is a fraud his rockets explode
Poo in loo India has a better space program then spaceX
NO.
NO ONE CAN BE MORE SUCCESSFUL THAN ME.
>irregularities in GAAP
as if honest accounting exists when valuing a company. lel.
>is that a stock you would recommend?
it depends on how long of a position you're interested in taking on it. keep an eye on tesla for the next 24 months and we'll see
btw i bought tesla in feb of this year when oil prices crashed and brought tesla stock along with it
You do realise space-x is a scam?
People who shit in the streets of India make better rockets then elon musk
so deep down hes knows 3rd world immigration is bad idea... but he can never say it publicly
why don't american deport this south african back to his shithole?
what? that only applies to poor people and non-whites? no way...
Shut the fuck up banana sticker
>btw i bought tesla in feb of this year when oil prices crashed and brought tesla stock along with it
you mean you bought one of their cars and stock?
wht do you see as the advantages of ecars over petrol?
what are tesla doing that no other car manufacturer can do? does tesla face increased or reduced competition?
I like Musk, but I dislike all the corporate welfare that keeps him afloat. That said, I don't blame him for taking advantage.
Elon musk is a fraud,
Prove me wrong
Tobacco and food company's have actual items that sell
Company's like solar city and Twitter survive off of investors
Apparently, they are losing money but only because they are aggressively expanding. They'd be making a decent profit if they maintained a status quo.
Some guy that actually works at Tesla showed me the numbers over facebook. It was kinda embarrassing because I had said that Tesla lost its ass every year while I was arguing with this dipshit about climate change or something. This retarded guy I was arguing with just so happened to be friends with a Tesla employee who corrected me, which made me lose face in front of a frothing at the mouth hillarytard with an 85 IQ, it was a pretty bad sting.
Musk is just sucking up because he doesn't want to lose the $5 billlion a year he gets in government subsidies
why would the stock price of a company cause me to buy their product? i bought tesla stock ofc
>some guy at tesla showed me the numbers
its a publicly traded company, they publish the numbers.......
Well yeah he didn't show me their fucking spreadsheets, I was just parroting what I had read in a handful of articles and on Sup Forums about how they never turned a profit and it was a huge money pit. But he showed me what appeared to be a decent article that explained how that wasn't exactly the case.
> i bought tesla in feb of this year
>and brought tesla stock along with it
what does this mean?
and answer my other questions
>Elon Musk
>Jew
Is this a new CTR tactic?
You mean taking advantage of the system to further his own cause? Like what people called Trump a genius for doing with the tax loopholes?
And you just believed some random fluff piece that seemed convincing?
Trump is changing laws to close loopholes he profited from because he realized they're wrong... What is Muskrat doing to make up for the advantages he's taking?
Well, was it wrong?
in feb 2016 oil prices came crashing down. investors in tesla panicked and thought this was the end for market demand on electric vehicles. so a lot of them sold their long positions in tesla. this caused the price per share in tesla stock to plummet to around 140 (when it had been between 180-220 for some time). so i guessed that tesla stock would recover and bought when it was in the mid 140s. i was right and tesla stock went back up. i also speculate tesla stock will continue to increase over the next 24 months and will likely pass 300 per share, at which time i will likely sell (unless new information arises causing me to hold my position)
>advantages of ecars over petrol
i dont particularly care about this, all i care about is the markets faith in the company and how much i can profit off of selling tesla stock at some later date
>what are tesla doing that no other car manufacturer can do?
same answer
>does tesla face increased or reduced competition?
this is a difficult question to answer as one may argue that their competition is with other ev models, or perhaps with combustion vehicles in general.. but really tesla has expanded its business model to include much more than just ev. (i.e. solar cells, energy storage)
>i dont particularly care about this, all i care about is the markets faith in the company and how much i can profit off of selling tesla stock at some later date
well, I wish you luck, hope yo have some stops in
demand for tesla stock derives from green panic and incentives, and this is something Trump has said he's against
>green panic
true but trump isn't going to be able to get rid of this
>incentives
if you're referring to the tax reducing incentives that tesla benefits from, trump is very limited in his ability to get rid of these. this is because the large majority of tax incentives tesla receives come from individual states and not from the federal gov't
Obviously. They can play a shell game all they want, but tesla and space x have no future.
we'll see. I certainly expect a lot of changes to the EPA rules, which should severely disadvantage ecars as petrol becomes much less expensive overall
this is the article I was looking for before:
zerohedge.com
Tesla borrowed Venture Capital (VC) money from Elon Musk at VC rates. It borrowed VC money from taxpayers at non-VC rates
Tesla needed $500MM to get started in 2008. The US Government lent $465MM to Tesla at 3% interest under its push for Green Energy. Elon Musk lent the company $38MM at10% interest plus stock options. Here are the profits on those loans:
Elon Musk’s $38MM generates profit of $1.4BB, or 3,600% ROR- a VC payout
Taxpayers’ $465MM- generates profits of $12MM or 2.6%ROR- not a VC Payout
Taxpayers took VC risk without VC returns. The table is set for Elon to arbitrage the Government’s largesse much more. All in, the US Government committed about $4.9BB to finance Tesla’s operations
nice little earner, right?
bruh he just hired the ceo of exxon as the head of the Epa, and steve jewface as treasurer. No tax holes are going to be closing. Your life is not going to get any better. You got memed by a billionaire son.
Here is the answer. Wind power and solar power are great but batteries aren't shit. Gasoline can store 36 MJ/m^3 of energy but lithium-ion batteries store like... 2? Plus after 5 years they're worn out. Once we have a better storage method, these technologies will catch on
is it true that ecars don't have traditional breaks, but use active electronics to decelerate? i.e. if something fails, the breaks might not work?
No, Musk is a faggot retarded jew who scams people out of money by making false promises he can't deliver
Wind and solar are both shit. Most renewable energy "sources" are actually net energy sinks.
Is it really surprising? There's not that much energy in wind and sunlight.
ceo if exxon is SecState moron.
get out of here with your "hurr durr rich people r bad doe" bullshit
yup
>Wind and solar are both shit. Most renewable energy "sources" are actually net energy sinks.
not to mention you need a live backup, and it's far more expensive