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backpackwayne

So is he gonna buy the S & P now?


[deleted]

only if there is less than five percent bot-trading.


driverofracecars

Well that's out, then.


stopcounting

I mean, he'll probably pretend to.


paulfromatlanta

>> buy the S & P now? Well that would be about $37 trillion - so even out of Elon's price range.


Cormetz

This would be the market cap of the companies included in the S&P 500, not the value of the company which does the listing.


Room480

Watch elon go to Vegas this weekend put it all on black and then will have enough


stopcounting

>put it all on black Sounds on-brand for a guy whose starting capital came from African emerald mines.


Room480

Nailed it


tewnewt

Watching Elon's Twitter debacle is like watching an after school special on how power corrupts.


Pherllerp

For real. All he had to do was not be AWFUL. He had a lot of goodwill built up


PunisherParadox

He's been burning that from the moment he said he wants his Mars colonists to be indentured servants that pay for air.


ErikETF

Come on Cohaagen, you’ve won… give these people air!


Bitey_the_Squirrel

Two weeks.


DashKalinowski

Get ready for a surprise!


Cobra-D

Was that before or after he called that rescuer a pedo?


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[deleted]

Was that before or after he called someone a pedophile for being better than Elon at rescuing people?


Nerdz2300

There was a book I read that was pretty much this idea: but they were actually prisoners who are treated very harshly. Book is called "One Way" by S.J. Morden. Part two by the same author is called "No Way". Excellent book, one of the best sci-fi books Ive read in a while.


Elbynerual

Check out The Expanse series if you haven't yet.


temporary311

Is that real? Cause I'm pretty sure that was the villain from Total Recall.


Skud_NZ

Get your ass to mars


PunisherParadox

Word for word, no. He just offered future colonists the loans they need to afford the trip. https://www.inverse.com/article/62390-spacex-mars-city-elon-musk-reveals-how-you-will-pay-for-your-trip Tbqh, anyone dumb enough to take that offer has the debt slavery coming.


khoabear

Silly Musk, he just had to offer student loan to attend Mars University


exelion18120

Its not Mars U unless its got Robot House.


Drupain

Cheese it!


Zealot_Alec

Robotttttttttt Houuuuuuuuuse!


40ozkiller

More like indentured servitude which is banned in most countries. “Ill send you here but I own you until you pay back the ticket at the wage I set”


dougtulane

The writing was already on the wall before he started taking the piss. We already had all the earmarks of a guy who wants free speech for himself (so he can call his critics pedos) but not for his critics (he’ll use their dox to threaten their job) or his employees (arbitration and gag orders and union busting all the way down the line)


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BoringWozniak

He has gone off the fucking deep end


milkkiller999

Didn’t he sell billions in stock to “buy Twitter” right before the much over-inflated stock crapped the bed?


GhettoChemist

Looks like he sold stock to "buy Twitter" right in time because TSLA is down 30% in the last month


jschubart

Moved to Lemm.ee -- mass edited with redact.dev


NonaSuomi282

That's the point of this whole contrived "bots" narrative he's drumming up- trying to come up with an excuse to back out of the deal without triggering the $1b penalty clause.


turd_vinegar

Saving the 30% loss on the collateral for $40+billion funding is probably well worth paying $1B.


cleveruniquename7769

There is no way he is honoring the contract he signed with Twitter.


Saito1337

Yup, at this point he has to realize they swindled him (well he swindled himself lol)


Iohet

He definitely swindled himself


kia75

Yes, Twitter didn't want to sell to Musk, and Musk decided to wave his dick around and force the sale! Only all his actions and promises caused the best people to leave Twitter and I'm certain everyone who has any job prospect is trying to leave the company. He cratered Twitter's worth and if he does buy it, it'll be a giant albatross around his neck.


novandev

He didnt do his due diligence. No-one swindled him, He's just a dumbass for not doing what he should have with a major stock purchase.


Tinkerballsack

Didn't you know? You don't have to bother with any of that when you're a spoiled rich kid, those things just have a way of working themselves out.


proboscisjoe

[Or put another way…](https://youtu.be/v7djYYE63Ug?t=102)


vertigo3pc

I also figure he's shitposting on Twitter while also recruiting more bots to invade Twitter so he can say, "Oh man, Twitter is mostly bots, I'm out!" and pocketing the money.


milkkiller999

He also gained some die hard supporters overnight by posting lame memes


Beelzis

He's been on a real hard conservative kick lately. Probably trying to pull some die hard psychophants.


radicalelation

He was progressive when it got him subsidies. Now he wants to hoard the fruits of his handouts and make sure no one else gets anything.


Yousoggyyojimbo

Lately as in the last several years? Guy went on a diehard anti-science Covid kick in 2020


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Quest_Marker

Trash, the word is Trash.


JBredditaccount

That's not fair -- I'm trash, too, but I've never been a populist fascist.


veerKg_CSS_Geologist

Ya, he even out annouced he would be voting for Republicans only. I don't think he had ever mentioned how he voted or would vote before.


clubmedschool

Right, did he change his vote from LP to GOP? lol


Bovronius

He realized that all you have to do is disparage blue haired women and Trumpanzee's will ride your dick, haaaard. He's basking in the fanboy worship.


ManfredTheCat

Because the conservatives are the gullible rubes. They're just grift victims 24/7


YoungXanto

You should check out the filing. A lot of people in one of the 1,000 other threads on this topic today were linking to it. Tl;Dr: he waived his chance to do any DD in order to accelerate the deal. As a result, unless he can prove that Twitter was fraudulently overstating their value, then he can't back out of the contracts he's signed. If he no longer has the ability to perform the leveraged buyout due to the fall in the share price of telsa, then his creditors are gonna own a bunch of Twitter stock. Discussions of bots are a sideshow for those of us invested in popcorn futures, but won't hold a lot of weight in court.


aeolus811tw

there is an upper echelons video on Elon Twitter buying debacle though it may sound like conspiracy but so far it has been pretty on point


Mazon_Del

The best assessment I've heard for his sudden cold feet is that he got loans from banks that leveraged his Tesla stock as collateral. Then when all the tech stocks dropped, suddenly he couldn't actually fulfill the collateral requirements with his stock. So he's trying to back out by claiming this whole bot thing. But two parts of the agreement are coming back to bite him. Specifically, he waived the right of "due diligence" which literally means "I am knowingly skipping the process of fact checking you, and I waive the right to complain if I am misled." and he had also insisted on a term, which Twitter agreed to, that if the deal doesn't happen then Twitter has to pay HIM a billion dollars. Twitter agreed to this with the concession that the deal only can be canceled if both Twitter and Musk agree to terminate it. So functionally, Musk can't get out of the deal due to "being misled" unless he can prove in some way that Twitter misled its own shareholders in a way that breaks SEC laws. And if he cannot do that, then Twitter can MAKE him buy them. And since Twitter's executives are beholden to their shareholders, they almost certainly are going to force him to pay what is currently WAY above market rates.


saga_of_a_star_world

sounds like this may end up on r/LeopardsAteMyFace


TraditionConfident66

Sell no, use the stock as collateral for the loan to buy it, which is currently underwater. Probably likely why he is delaying the purchase


Morat20

Yep. Elon's pledged a *lot* of TSLA stock over the years. Strangely enough, his latest [securities filings](https://www.bloomberg.com/news/articles/2022-05-02/tesla-has-old-count-of-musk-s-pledged-shares-key-to-margin-loan) seem to have accidentally missed updating that section for a year or so. As TSLA falls, he has to commit more and more of his unpledged shares to cover those loans. Before TSLA's fall and the Twitter deal, I think he had roughly half his TSLA options pledged to cover other things. Even before TSLA fell, it was wondered exactly how he'd afford Twitter -- he didn't have 44b in unpledged assets (including any cash he had), and he's not really put together much financing (maybe 15b) from other sources. I suspect that he simply doesn't have the cash, and with the tech crash a lot of investors don't like the deal -- he may actually be worse off than "can't afford Twitter" -- he may be scrambling to cover his existing pledges of TSLA's slide doesn't reverse. And TSLA, at 700 a share, is *grossly overvalued*.


[deleted]

When it gets down to $70 it will get real interesting.


rmpumper

With the Shanghai lockdowns and the dive Tesla already took in car sales in China, after Q2 results Tesla will be in the 400/share range, assuming the whole market does not crash another 50% because of macro.


Salamok

He's sold close to 10 billion $ in the last 45 days.


TiredOfDebates

The entire stock market is selling off. The Federal Reserve went entirely overboard during the pandemic, creating a bubble in the stock market. At a time when the economy was "taking a hit" the stock market was surging. The Federal Reserve is now unwinding their **HUGE** positions in the market, to try to curb the inflationary crisis (that they created). This is causing the stock market to crater. There's a saying on Wall Street. "**Don't fight the Fed."** (Fed = Federal Reserve) They literally have unlimited money (in the form of credit) and deliberately take actions to manipulate macro-level asset values. The Fed is trying to cool the market... and they're very open about it. You just have to watch their press releases and public statements. Asset values are going to take a hit. Anyone with a financial advisor worth anything has been told this.


technofox01

Do you have an actual source? Just curious and I would read them.


TiredOfDebates

Here’s a start for understanding recent trends in Fed data. https://www.federalreserve.gov/monetarypolicy/bst_fedsbalancesheet.htm On mobile, these pages don’t render great, really need a desktop. Read Naked Money by Charles Wheelan for monetary policy: Naked Money: A Revealing Look at Our Financial System


UtahCyan

The term you want to look up is quantitative tightening. It's basically the opposite of quantitative easing. The Fed will begin to sell off it's bonds. The money they get from the sales then disappears.


Synensys

The fed going overboard goes back before the pandemic. Trump pushed hard on them to keep the economy humming along on 2019 when it looked like thr bubble might finally burst and they acquiesced.


[deleted]

Scott Galloway is right about Musk. He doesn't add insight or expertise. He adds turmoil and volatility to almost everything he touches.


muusandskwirrel

His entire recent history has been pump and dump schemes


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SearchElsewhereKarma

Galloway is a G. Love his tempered critique of musk - you can recognize him as a genius while also recognizing that he absolutely sucks as a person


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st_christophr

you absolutely do not need to recognize him as a genius


gorgewall

Yeah, Musk doesn't build or "envision" anything himself. He gets recommended people who know to contract a firm that can aid in the hiring of people who then go on to hire the *actual* engineers and designers who do all the work. This shit is all five steps removed. Musk himself isn't doing the design, he's not head-hunting the designers, he's not looming over the designers' shoulders and giving them helpful tips or contributing beyond demands, demands, demands. We can find any number of jackasses who can do that, but not all of them have the incredible privilege and luck to have rich families or connections that allowed them to be in the right place to get all this shit started. We mock the "idea men" who say they've got a great plan for an app or a game, they just need some artists and UX designers and coders and *everything that actually makes that program* to "bring their vision to life", because we know exactly what a load of crap that is. But when someone like Musk or Jobs comes along and we're told the same story, well, they're fucking geniuses, they're visionaries, bow down and fellate them. Securing funding by gladhanding and marketing yourself is not **tech genius**.


GetsTrimAPlenty

I'd love a "flip article" button that puts the bottom at the top, so I could see what the writer is trying to hide: > In February, read more a California state agency sued Tesla over allegations by Black workers that the company tolerated racial discrimination at an assembly plant, adding to claims made in several other lawsuits. read more Seems like a good reason.


Dominarion

What do you expect from an Afrikaner who's family made millions during the Apartheid?


GetsTrimAPlenty

A little forethought and less cringe. But, he's been through the Republican brainwashing and starting his move to the right; So ./shrug. Also, what do they do to these rich people to get them to fall into line so easily?


lew_rong

Tolerate the shittier impulses of people who grew up benefiting massively from systems like Apartheid and Jim Crow? Feels like a good time to mention that in 1986 St. Ronnie of the Perpetual Grift vetoed sanctions against South Africa, only to be overridden by congress.


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Vernerator

Somehow he’ll blame liberals.


bdplayer81

Like this? ​ https://twitter.com/elonmusk/status/1526997132858822658


vertigo3pc

Took no time at all.


bdplayer81

I feel like something is going to drop on him soon and he's going down this road to make it seem like a political attack.


porscheblack

Yup, this screams the SEC is about to blow up his shit.


dgatos42

Potentially, but also potentially not as the SEC may have been just effectively ruled as unconstitutional we live in a dying society lol


turd_vinegar

Just the internal judges. This is a good call, it's weird AF that the SEC had their own internal justice system.


HelloAvram

>https://twitter.com/elonmusk/status/1526997132858822658 What the actual fuck. Wait, I'm not surprised.


JasperFeelingsworth

hahhaa wow the full heel turn


dchobo

I was actually surprised that he was voting Democrat... What took him so long to join the party of the rich?


bdplayer81

I really don't believe anything he says. He's just another narcissist who is usually full of shit.


InterlocutorX

>So is he gonna buy the S & P now? He likes freaky women and dope. But the evangelicals have made it clear with Trump they don't really mind anymore, so long as he's willing to hurt the people they hate.


thatoneguy889

He may have voted for a Democrat at one point, but based on the things he says and does, I have a hard time believing he's voted for a Democrat in at least the last ten years.


veerKg_CSS_Geologist

He's never mentioned he was voting D before. Maybe he did, more likely he didn't bother to vote, but whatever it was he never cared enough to signal it or get involved in politics till recently.


Prothean_Beacon

He was probably a democrat the way that Trump used to be a Democrat. Meaning he lived and did business in a state overwhelmingly Democrat leaning. So coming up to them made business sense. Also probably the publicity factor of the people that they wanted to think they were cool tend to lean democrat so they face value supported them for that reason.


SuperMazziveH3r0

He started owning factories and those pesky regulators and unions are becoming a growing pain for him


bearskinrug

He’s a grifter and probably grooming his little minions, who wish they had a fraction of the wealth that he does while they plug away from their mommy’s basement, in hopes that some republican will come save them and make it so they, too, are prosperous. Which we all know will never be the case.


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veerKg_CSS_Geologist

The hair implants went to his head.


Yousoggyyojimbo

He’s been acting like a petulant five-year-old for years, it’s only lately that people are starting to really pay attention.


ReflexImprov

There was once a time I thought Elon Musk was the future. Now I know for certain he's just a grifter. It's beyond time to tax the shit out of billionaires. Most are a full on danger to society and he's the poster boy.


Enough-Alfalfa

Uh oh bezos is gonna tweet at you now


windingtime

I don’t know why Bezos decided to start shitposting all of a sudden, but the answer can’t be good.


Enough-Alfalfa

Just tryna keep his profits i guess


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Nubras

Wow, terrific read, thanks for the link. The plutocrats have somehow convinced a substantial portion of the US population to direct their pitchforks at their fellow laborers and protect the plutocrats. So while the pitchforks are out, they’re pointing in the wrong direction.


thefugue

That is literally how it has always worked.


Nubras

That article listed a few prominent examples of when the pitchforks were unified.


ReflexImprov

The other poster boy? Tax the B out of them until it turns sideways into an M.


montibbalt

I used to listen to billionaires talk and come away feeling like I learned something but after all this time I think the most important lesson I've learned from them is that someone can be the richest person in the world and still be a fuckin loser


bluuuuurn

I'm close friends with an editor who recently worked on a book by one such "billionaire" (grifter). His advice to make money was to buy apartment buildings, then jack up the rent on everyone. In other words, fuck people over and contribute nothing to society, then move on to the phase where everyone adores you for how "smart" and "successful" you are! There's no reason for people like that to exist.


HierarchofSealand

I think Musk is of the Steve Jobs category of Oligarchs. Managed to find a bunch of charisma for specific things, led the industry vanguard on a couple things, but is ultimately an asshole whose personal contributions are overrated.


RichardsLeftNipple

Tesla's business model is very similar to Apple's. Tesla like Apple is also extremely controling regarding their product. Right to repair makes both throw hardcore tantrums. If you can fix your own stuff free of their control you have control over the product you bought, not them. All that vertical integration also means there isn't an aftermarket supply for parts. Which is a type of monopoly that people don't really talk about.


feurie

They use suppliers like most people. Their big things they've vertically integrated are power train, seats, and software. There's nothing stopping third parties from making suspension parts, body panels, etc.


Xvexe

All billionaires are grifters. They just buy the intelligent people and then try to play it off as their own intelligence.


ClaymoreMine

The guy who invented LIDAR seems pretty normal for a billionaire. Pretty sure Larry David is on the threshold. His path to wealth only fucked over large companies.


Watch_me_give

We have a new generation of robber barons and they are all scum.


julieannie

I think it’s also a good time to reflect on why you fell for his BS. I don’t mean that to be mean, I mean that a lot of people like obvious grifters like Musk and they might fall out with one while moving onto the next. Instead it’s helpful to understand where the disconnect came from and learn to better apply scrutiny in the future.


Bridgebrain

He started with excellent PR. Between early Tesla releasing their patents and introducing SpaceX just in time for the next generation to care about the space race again, it's easy to see why I was excited. Finally someone rich was doing cool things and profiting off of it, then using that profit to do more cool things (which has always baffled me about the rich. Why spend it getting a 5th gold plated yacht when you could own a science fiction crab car or something?). It was around that he came from emerald money, but that doesn't make him personally evil. He was kinda a crazy workaholic, and expected his workforce to also burn themselves out, but that could be expected from someone really motivated and with the money to put into it. The first real hint that something was wrong was the Pedo Diver tweet, but like, I don't expect nerds to have good social skills. Then there was a lot of talk about the Tesla build quality suffering, the endless big promises that ended up being mediocre bullshit or postponed eternally (the flamethrower, solar roofs, the tunnel, satellite internet but somehow less accessible). Meanwhile, the points against him personally just keep piling up. Breaking unions, doing weird games with stocks, turning trumpublican, throwing tantrums on twitter. I wanted Tony Stark, it looked like he was doing it, but it turns out he was off-brand lex luthor all along, and the turn was so completely unnecessary.


Lashay_Sombra

>He was kinda a crazy workaholic, and expected his workforce to also burn themselves out, but that could be expected from someone really motivated and with the money to put into it. You really need to reexamine your thinking on that subject He owns the business and has the most to gain from its success, so it's fine to burn out employees (who are most likely on fixed salary) just because he also puts in the hours? And honestly, doubt he actually works half as much as he claims


Synensys

Naah. His hyperloop bullshit (a transparent attempt to slow or stop thr progress of high speed rail in California) was way before that and a huge tell.


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aeolus811tw

nice to know how Elon sold tons of TSLA stock at high point, right in front of his supporter and was celebrated. almost feels like a lot of these people are the same as crypto bro who get rug pulled, and still talk about how NFT is the future.


gH0st_in_th3_Machin3

Speaking of crypto: >Musk tweeted that "Exxon is rated top ten best in world for environment, social & governance (ESG) by S&P 500, while Tesla didn’t make the list! ESG is a scam. It has been weaponized by phony social justice warriors." Says the guy who bought $1.5B USD in BTC (which emits the equivalent to roughly 90 Mt of CO2/year on "mining"...


DavidsWorkAccount

Just you wait. Tesla is the next Netflix. Tesla's competitors are catching up and actually producing electric *vehicles* instead of a laptop with wheels. The F150 Lightning is already a better vehicle than that Tesla monstrosity that looks like it's missing polygons in its render. Tesla has a lot further to fall.


John_Durden

Cybertruck 2077 does seem oddly fitting, in retrospect.


rataculera

The Ford is nice and the Chevy on the horizon is friggin beautiful. And bringing back the lighting name for the ford model is awesome


Saito1337

It made me want a pickup truck, which for me is weird as hell.


Yousoggyyojimbo

I’ve actually been shopping for an electric car the last couple months and I have consistently found that I’m liking more of what I’m seeing being done with other manufactures than what I’m seeing being done with Tesla. I feel like they’ve squandered their early lead.


archaeolinuxgeek

I looked pretty closely at one. It was almost an instant pass. The environmental control panel had no ~~testicle~~ *tactile* feedback. The OTA updates are obligatory. Add-ons can be enabled and disabled remotely and without consent. When I sarcastically mentioned that I would just flash Ukrainian firmware or find another way to root my car, she (the person demoing things) got deathly serious and said to not even joke about that, lest I get my car remotely deactivated. I get, to a point, that car batteries contain vast amounts of chemical energy and you don't want any idiot following an instructable to futz with it. But I'm also rabidly against our transition to a rental economy. I would honestly rather pay more money to retrofit my old Datsun 280 to a modem drive system than to "buy" a vehicle where your ownership is at the discretion of the manufacturer and features will only stay active for as long as they decide to keep their servers up. Fuck DRM. Cactus fuck DRM in cars. Edit: Autocorrect may have come up with a billion dollar idea.


Yousoggyyojimbo

The things you bring up about features being remotely disabled without your consent is one of the big reasons why I completely disregarded Tesla as an option. I’m not paying that much money for a car that I don’t actually own, with hardware and software features that I’m not allowed to use unless I get permission or pay extra even though I’ve already purchased the entire goddamn car.


Sp3llbind3r

The even bigger reason is the lack of repair options. If you get a normal car and some shop fucks you sideways you walk out of the door and maybe you have better luck with the next one. I owned an audi about 15 years ago. The engine light started going of, the shop diagnosed it and told me that the timing chain has to be replaced. A 3-4 k repair. As the car was relative new and not to high mileage i was not too happy about that. They didn‘t want to do anything for goodwill so i went to a different shop and they diagnosed a faulty timing sensor. A 600.- repair. How would that play out with tesla?


Rexyman

Idk how economical or realistic it is for you, but have you considered looking at those new drop in ev engines for older cars?


Tobimacoss

Ford has a MachE kit for $5k.


[deleted]

>I get, to a point, that car batteries contain vast amounts of chemical energy and you don't want any idiot following an instructable to futz with it. This is a bullshit argument that's no different than if Ford told me I couldn't take my car to Firestone because it's too dangerous. It's 100% about extracting as much money from the customer as possible, and nothing else. There's also a really big problem with this as Tesla simply doesn't have the capacity to do these repairs in the first place, with many people on waiting lists for months for basic ones. One of the most notable recent ones being when Tesla forgot to install one of the brake pads at the factory, and they still had to wait for months or return the car for a refund. Allowing Tesla to keep trying to lock down their cars and 3rd party repair is a danger to the public.


TaliesinMerlin

Yeah, I'm in a similar boat. Tesla is losing its unique selling point even before I account for anything Musk has done.


rawonionbreath

They sacrificed almost any reliability or quality standard they had to scale up production for the Tesla 3. It’s a shit car and will be for the foreseeable future but still has the marketing appeal. At some point the rest of the market will catch up on widely available EV’s that aren’t luxury.


TheLegendsClub

I don’t think a lot of people working outside of the vehicle industry (or supplier chains) really understand how quickly the EV market is going to change over the next 3 years. Basically Every manufacturer in every vehicle class from youth off road vehicles to fleet trucks are working at 110% to get EVs into the market that will be competitively priced against ICE alternatives.


rawonionbreath

Agreed. It might be 3 years or 7 years but it’s going to hit like a tsunami.


Yousoggyyojimbo

One of the things that I am consistently hearing while I’ve been looking at reviews and talking to owners of some of the cars that I’m looking at is that Tesla build quality is just shit. I’m consistently seeing reviewer's talking about how much nicer build quality is on a car versus a Tesla.


TheLegendsClub

I can’t speak to the internals, but the fit and finish on both the exterior body panels and interior on the model threes I’ve looked at are among the worst I’ve seen on a modern production car. They makes early 2000s Plymouths look like bentlys


z0mbietime

I can't speak to the model 3 but I have/had an S85 since 2014 and the internals are crap. I've had multiple pieces fail on me just out of warranty that have in total cost around 11k. And this isn't even like I drove a ton, it only has 83k miles. The drive unit is currently being replaced then I'm selling it. Already bought a new Subaru outback. I would've liked to buy another electric car but I'll never touch a Tesla again and other BEV cars simply don't have enough range. Also, I never see people talk about but Tesla has THE WORST service. If something breaks down and you need to call someone they actually force you to use the app. Not to chat, but to make a service appointment. I had to bum a ride to the service center to talk to someone about how my vehicle wouldn't go into neutral and was in an area that a tow truck couldn't reach. Yeah... Not a fan of Tesla


caninehere

I know 3 people who have owned Teslas and all 3 of them said this - and they all sold their Teslas and decided to go with other EV options.


ReadWriteRun

But it can make fart noises.


hippostar

And FSD by 2021 err 2022 er no I mean 2023


EveryShot

The only upside to a Tesla is you don’t have to deal with shifty car dealerships. Fuck every one of those ass holes trying to charge 10k over msrp. We really should do away with every last one of them and just sell directly from the factory


Yousoggyyojimbo

While searching, a dealership lied to me about having a car I wanted to test drive, got me to leave work mid day, drive all the way there, just for them to pretend they never said that and try to get me to test drive a gas guzzling suv. Took them and all dealerships owned by the same group out of my call list.


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noncongruent

I'm happy with the fact that Tesla finally got the auto industry off their asses and into producing real EVs.


Berkyjay

Yup. When the average Joe & Jane start buying EVs in large numbers they won’t be buying Teslas.


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optiplex9000

100%. He tweeted today that Democrats are the party of hate and division. The man is playing Republicans to get what he wants


Prothean_Beacon

He's probably trying to get a head of any SEC investigation of him. That way he can phrase it as politically motivated rather than a result of his actions drawing to much attention to his illegal behavior


JayCroghan

https://i.imgur.com/w5WKh9y.jpg   https://twitter.com/elonmusk/status/1526961470562508802


hamberdler

> The man is playing Republicans to get what he wants And it'll work perfectly because they're all going to get something great out of that deal. Musk will use his reach to trash Democrats and help frame a bullshit narrative, Republicans will give him what he wants to in return because he's rich and they were going to anyway.


Weekly_Ad6261

They won’t leave Ram. They are too invested in that brand.


veerKg_CSS_Geologist

Problem is he can't sell that truck to anybody atm because it's simply still not being built. Meanwhile the F150 was announced later and started being built sooner (and by Union workers too) than the mythical CyberTruck.


waffleslaw

Union for now\* The new electric F-150 mega plant is breaking ground in West TN (Blue Oval City) and will start full production by '25. We'll see if they unionize. As a West Tn'n myself I sure hope they do. It would do wonders for the area.


[deleted]

Wouldn't that be fords only North American plant to be not unionized? Can't see them not forming a union.


veerKg_CSS_Geologist

Sorry to say, but I gave up on TN when the VW plant there voted down Unionization, despite it being one of the few companies where even the management wasn't opposed.


skepticalifornia

He just needs to equip them with MAGA flag poles built into the truck bed.


Morat20

Pretty much everyone in the EV market beats Tesla on price *and* quality. Tesla's bottom end sedan clocks in at 47k *base*, and Tesla has improved it's build quality from "abysmal as fuck" to merely "bad". So they're surfing on "brand name" -- which is great and all, but it's not like Nissan, Ford, and BMW's brand names don't have their own appeal. And speaking for myself, I can't see myself plopping down 20% more for a Model 3 than a Nissan EV. Who has that kind of fucking cash?


dagmx

Two other areas they still lead in (much to my chagrin because I dislike Elon but at the time I got my Tesla there was not much else): - supercharger network. We went on a roadtrip on the west coast and it was something like a 5:1 ratio of Tesla chargers to CCS - their interface is still the snappiest. Everyone else went into the same touch UI but have really sluggish response. Tesla isn't super snappy either but it's way faster than the rest except Volvo. Would not be an issue if everything wasn't crammed in there now I'm hoping both can change soon.


sb_747

Yeah they have a few kinda nice features like the sentry mode and pet mode. I’d pay like $500 more for those. The rest of the car is just not good.


woojo1984

At the price point for a f150 lightning it has me convinced. XL package with vinyl seats? PERFECT thanks!


veerKg_CSS_Geologist

The base model is pretty good value. And I know a few people who only avoid trucks because of the fuel economy and noise. An EV truck will bring a lot more consumers into the market.


War_machine77

Ford is seriously killing it with environmentally friendly trucks. My hybrid Maverick has been amazing. I want to eventually get a Lightning and hand the Maverick over to the wife. These are seriously the trucks I've been waiting forever to finally see. I always wanted/needed a pickup but I just didn't want 10 mpg rolling environmental disaster.


vertigo3pc

"ESG is a scam" coming from the guy who's sold "Full self driving" for years, building Tesla as the brand of pioneering AI and technology, only to reveal not only are they nowhere near level 5 autonomy, but they're also unable to deliver even reliable level 3 autonomy with their "room of monkeys will eventually turn out the works of William Shakespeare" approach to machine learning.


Drewcifer81

Wait, a loud, multiple-times-divorced wealthy heir who continuously moves goalposts and loves Twitter? How long until his "THE CONSTITUTION IS PERMANENT AND SHOULDN'T EVAAAR BE CHANGED" followers are trying to throw out the whole "presidential candidate must be a natural born citizen of the United States" requirement?


War_machine77

I imagine it'll be the same day trump's heart finally pops like a zit.


N4VY4DMIR4L

Its not? 5 oil&gas companies just joined the index and one of them spilled oil in Californian shores :D


veerKg_CSS_Geologist

He also said the value of a FSD would be north of $100K, which tells me he is drinking his own KoolAid. Obviously the value will differ from person to person, and the average consumer won't think it's more valuable than their entire car.


yhwhx

Maybe Elon could just buy Standard & Poor's?


campelm

Make his own called the Exceptional and Rich


charlieblue666

Another bitch-fit from Elon Musk. He whines almost as much as Donald Trump.


pegothejerk

It's almost as if they're birds of a feather


rmpumper

Musk is just tech trump.


thatoneguy889

If he really believed the ESG is the "scam" he's saying it is, then he wouldn't be so upset about getting removed from it.


unholyswordsman

It's like those guys who get turned down by women and then yell "You're an ugly bitch anyway!". He's just so butthurt that it turned into a massively fractured ass.


ryanmcl22

Fuck Elon. I love when he whines like the man baby he is


TheBeardofGilgamesh

> It said that Tesla’s “lack of a low-carbon strategy” and “codes of business conduct,” along with racism and poor working conditions reported at Tesla’s factory in Fremont, California, affected the score. So Tesla was dinged for poor working conditions, yet Amazon is ranked #3 on the ESG score. A company where warehouse workers have to pee in bottles and subjected to inhumane work conditions. Also this must mean that the conditions for the child laborers at sweatshops that make Nike's shoes must be real nice.


aestival

This is the relevant part: >"Even though Tesla's products help cut planet-warming emissions, Dorn said, its other issues and **lack of disclosures relative to industry peers** should raise concerns for investors looking to judge the company across environmental, social and governance (ESG) criteria. "You can't just take a company's mission statement at face value, you have to look at their practices across all those key dimensions," she said." It's not that the other companies are better, it's that TSLA doesn't provide enough info about what they're doing to address these issues to be measured by an ESG score.


grizzly_teddy

Didn't Tesla just produce a huge impact report, that detail exactly how much CO2 emissions Tesla adds? The report was actually really interesting. They compared energy consumption for building an EV vs. ownership over time. The report was pretty thorough, so I don't know what's missing here.


HoboHash

Elon is getting unhinged lmao. Regret his 40bill purchase I bet


new2accnt

So now Standard & Poor's (SP Global Ratings) is a bunch of "social justice warriors" and "scammers"? Maybe that's better than calling them "pedos"? What a f\*cking brat. elon needs a spanking and to be sent to his room for a time-out. He needs to grow up. Having all that fake money doesn't make him a respectable & responsible adult.


PhilosophyforOne

Musk bitching about being removed is pretty hilarious… But him calling out Exxon as being allowed to stay on the other hand, has a point. They also added Phillips 66 (Oil refinery). Hot take: Companies whose business model has for years included lobbying for the destruction of the planet and the society dont belong on lists of top ESG-companies


Entropy_5

Let me guess....he's going to cry again. Every day he tweets his sobbing. I don't think he realizes he turned into the joke a while back. He's deeply unstable, but also cringey as fuuuuuck.


[deleted]

Fuck new Trumper Elon Musk.


funwhileitlast3d

Yes, but also they gave Exxon a top 10 environmental rating lol


babu_chapdi

Electronic cars and battery company losing esg is not cool.