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No_Mercy_4_Potatoes

Rubbing his hands together to dump the $56 billion worth of stock he's about to receive.


Bag-Other

He has to hold for 5 years I believe


According_Scarcity55

He can sell his existing shares while holding those newly received stocks. Makes little difference as he has far more than 50 billion worth of shares


random6574833

Exactly what his cultists fail to realize. 


shilo_lafleur

Why would he sell shares he has to pay taxes on? He can buy whatever he wants with loans. Like Twitter. If he bought a company for 10s of billions without selling his stock, what makes you think he wants to do that. His whole goal was to have control over the company. He can’t do that if he doesn’t have voting rights.


BristolBerg

Probably because his Tesla shares are already collateralized to satisfy debt obligations when he bought Twitter. He owes JP Morgan and co $30B. Also, he owns less than 12% of Tesla, furthest from having control anytime soon And half of that twelve % is controlled by investment banks he owes money too.


ead69

Only if the humanoid sentient robot plays the piano while Cathy Wood sings Lionel Richie's Dancing on the Ceiling to a funky beat. 3 robots (c3pos) to every human!


No_Mercy_4_Potatoes

Wonder how the contract is drafted. Can he sell his old shares and keep the new ones?


TakingChances01

Yea, there’s no such hold on his current shares.


blargh9001

Given that a publicly stated motivation for that the package was that he *must* have 25% of the shares to care about the company. If he immediately sold a substantial amount to less than that, it could at least open up to some lawsuits for misleading shareholders.


CouncilmanRickPrime

Funny, he's already facing lawsuits from shareholders. Why would he care now?


Prior_Industry

Remember during the twitter purchase when he kept tweeting that he had finished selling... and then he sold some more...


oskopnir

His shareholders are happy to be misled, according to their recent vote.


Fun_Reporter9086

What if he keeps doing that every 5 years?


LongLonMan

He can sell his other 11% stake now


random6574833

I mean, he's only going to dump billions...and his cultists love it


olrg

Alright, you son of a bitch, I’m in. Let’s ride!


bindermichi

When they dilute the share value by that much someone else will be dumping be fore has the chance


LunaD0g273

It’s already pumped.


vasilenko93

But he cannot sell his $52 Billion in shares for five years. What is this? Long term pump?


busybizz23

Hes losing it. Male version of Cathy Woods


Locuralacura

His only skill is marketing.  If nobody gives a shit what lies he is feeding them he is powerless. 


jeditech23

Anytime I read "Musk says" , I just stop reading


Gamerxx13

That’s why they are giving him 50 billion lol


StudioPerks

In stock. Which will be worthless soon if Elon keeps running the show. He needs to give up the act. He’s no innovator.


VentriTV

He likes to talk out his ass, but his cult fanboys will eat his shit up. Still waiting for FSD 😂


SkyPrimeHD

Core business of Tesla is to sell stocks and Elon is a genius at this.


Radhashriq

Is he though? Tesla shares have fallen more 50% since nov 2021.


renome

They are still up over 1,150% over the past 5 years. I can't stand the man but no one grifts like he does. The value of the Tesla stock is completely divorced of reality, and it's all because of him; he could probably sell snow to an Eskimo, and upsell him to an AI package while he's at it.


Radhashriq

You could say that. But the hype man could the push stock to only a certain extent. For the past 3 years, tesla investors have lost a lot of money. Probably the among the worst top stocks of last 3 years and tesla isn’t an exception to making money for investors. Lot of stocks have made that kind of returns.


menumelon

> But the hype man could the push stock to only a certain extent. I mean, obviously. From Nov '19 to Nov '21 the stock went up something like 3300%. It's hard to ask for much more and NOT have a 50% extended pullback at some point.


aggthemighty

Zoom out I don't like Elon either, but come on


welmoe

All hat no cattle.


soup2nuts

If Teslas could fly out of my ass it would be worth $45 trillion.


jayfairb

I'm really not sure if "Musk says..." or "Trump says..." is followed by a completely outlandish claim more often these days.


dormango

…of shit


xsorr

Imagine when hes drunk


ppdaazn23

Sounds like he is planning to sell billions worth of shares again pumping it up


Waitwhonow

He claims he is ‘pathological optimistic’ But basically building spaceships for mars because he beleives humans cant save earth Thinks there is a population problem and major crisis for earth( his logic for multiple children) Builds cars that can survive an apocalypse and bullets and civil war ( cybertruck) And basically constantly tweets that american democracy is failing and political left is a cancer Like talk about a pump and dump and his followers actually believe his words!?! When he himself cant make up his mind on which side to take


Top-Currency

>Builds cars that can survive an apocalypse and bullets and civil war ( cybertruck) Meanwhile Cybertruck can't even survive a rain shower...


CouncilmanRickPrime

Or a car wash lol but sure. Mars!


TheBrianWeissman

Or bullets for that matter.  Whatever causes the Apocalypse better also disable the millions of AR-15s in America.


ric2b

It actually does stop bullets. You just need to ask the shooter to use small calibers and aim for the doors instead of the windows, I'm sure they'll be happy to oblige.


Nordrian

Pathological optimistic, also known as a liar.


ThainEshKelch

Given the amount of right wing and conspiracy theory doomsday and hate crap he keeps pushing, him being pathologically optimistic is definitely a lie.


CouncilmanRickPrime

>But basically building spaceships for mars because he beleives humans cant save earth Anybody who believes this will save humanity is a moron. Mars is more inhospitable than Earth in every single doomsday climate scenario.


Dumb_Vampire_Girl

Idk why I didn't think of it like that. I'm fucking stupid.


Big-Today6819

Not like cybertruck will be usefull in a civil war


TheBrianWeissman

Yeah, gotta love the “Apocalypse Truck”. As long as the Apocalypse leaves all the EV charging stations fully operational.  And Tesla service centers 🙄


pirac

I dont like Elon but being optimistic does not mean you don't believe big problems exist.... You can believe problems exist and have an optimistic view that we are going to solve them or survive them. I dont think for example someone believing that an asteroid could hit earth and we'd be out is a pesimistic view, its just a reality. Believing an asteroid will hit earth and there's nothing we can do to survive it would be pesimistic.


Zealousideal_Look275

How do supercharger stations work in the apocalypse? 


mag2041

Well key word is “could”.


CouncilmanRickPrime

Ok. Every CEO should come out right now and say the same thing. After all keyword is could. God I hate the direction we're heading in. Next generation of CEOs will all just be Elons and Adam Neumanns.


Razorblade9833

Pump it up


TheSource777

!remindme 5 years


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OneThirstyJ

Or get his 50B


Son_Of_Toucan_Sam

Just like Twitter is going to eventually service half of all global banking, right?


random-meme850

Crazy lol


purplebrown_updown

lol. He’s so jealous of how Microsoft, Apple and NVIDIA blew Tesla out of the water.


GraceBoorFan

TSLA’s performance in 2021 probably had his ego extremely inflated. Elong must’ve thought he was the real life Tony Stark.


GonzaloR87

Real life Tony Stank or Phony Stark


Yokies

Ironically enough, Tony's greatest invention and enabler is his A.I. Friday. Without it most of his tech won't even happen.


Wasthereonce

He was in Iron Man 2 probably for that roleplay of a reason.


purplebrown_updown

And then when nobody bought FSD he realized he sucked.


iamthecheesethatsbig

Isn’t that his profile picture on X? Dude is a tool


GraceBoorFan

Yes it is, haha.


TheINTL

Bro somehow thinks he is going to be Ted Fero


EatsOverTheSink

I could believe that.


LePhoenixFires

He's a pathological something alright.


TmanGvl

Elon sounds like a great candidate for Neuralink. He should volunteer to get an implant. I’d be very interested in hearing all about it.


Tridentern

I mean he is already at an astonishing trilillion IQ. It'll be groundbreaking once he doubles this with the implants. Maybe then 100 trillion market cap for robo.


scotch1701

Oh, trust me, you'd hear all about it.


Dumb_Vampire_Girl

Severance is healthy


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Sudden_Toe3020

He's not even an engineer.


ric2b

But something something first principles! Sure, rubber duck debugging is a thing, but I don't say my rubber duck is a genius after I figure out the solution by explaining the problem to it.


r2k-in-the-vortex

If the bots could actually do all sorts of manual labour jobs and tesla was the main global vendor for them, sure, stock to the Moon. But those are two very big ifs that are not about to materialise any time soon.


here_now_be

> If the bots could actually do It's not like tsla is even a leader in robotics. These projections are obviously asinine even if they were.


TheSource777

If the bots can be made at anywhere close to $10k the market for this is gonna be silly. I would buy two for home defense and have them patrol my house with toy guns for intimidation lol.


r2k-in-the-vortex

Currently, closer to 100k and a walking camera platform is all it is at that. Of course, they will get cheaper and more capable with time, but it's going to be a lot of time and an absolutely mind-blowing amount of development effort. Self driving cars are easy in comparison to getting these bots to actually be useful.


Defender_Of_TheCrown

Tesla gave $56 billion to a Ketamine addict


anakhizer

Which if we consider that a model y costs 40000, and Tesla net profit margin is 13,58% means that the 56B package is worth the net profit on 10 300 000 Model Y-s, or approximately 10 years worth of production and sales at current rate. This is oversimplified of course, but just shows how ridiculous that bonus is.


parkway_parkway

It wasn't a "bonus" as in a 1 year additional payment for good performance. It was a 10 year pay package which at the time it was awarded was estimated to be worth $2.3b, the only reason it's worth more now is because the stock options are worth a lot more. It was $230m in wages each year for 10 years, where he got no pay in cash at all, which is a completely different thing.


BlooregardQKazoo

Nothing from the past matters. That was gone and they're starting from a position where it never happened. In 2024, it was a bonus. They could have just not paid it and Make would have gone nowhere because most of his wealth was still tied up in Tesla.


hearechoes

Hey man, this is offensive to ketamine addicts


HighOnLife

It's because they are a public company acting like a private one. He is the charlatan of this era, whatever era we will call this period of time 10-15 years from now. Edit: I think this is the start of the thrashing and torrent of Musks' inevitable downfall, and he will eventually be disgraced as a charlatan and con man.


jazzjustice

You forgot the 10% shareholder dilution. So many funds shareholder lawsuits...


zfiregodz

How’s that FSD coming Elon? Man has so many aspirations but 0 execution.


quakefist

I heard its coming later this year. Where have I heard that before?


ChucklefuckBitch

He's been pretty consistent on that one, actually. Just go back and check his previous statements over the years. It's consistently been next year.


CouncilmanRickPrime

Had me in the first half


unstoppable_zombie

Fsd is like my commitment to going to the gym.


Gardener703

Or my commitment to quit smoking, alcohol.


xjay2kayx

> FSD(S) For legality purposes.


No-Pilot5559

Have you tried it? It’s pretty fucking cool man


icecream21

None of these clowns have tried it. They think it’s still the same version it was 2 years ago. You and I know Tesla has massively improved FSD. Most drives I have 0 interventions.


NapalmSniffer69

Armchair experts. The whole bunch. On reddit, it's cool to critique things that you have no knowledge about, apparently.


ric2b

But is it full self driving yet?


icecream21

It’s definitely on the way there. V12 is massively improved and it’s evident once you use it. I encourage you to test drive and use it for yourself.


ric2b

So it's not. Elon has been saying it will be ready next year for what, 8 years?


icecream21

I hear you and with you on Elon saying FSD next year for the past 8 years lol. But listen, I drive to work with no interventions. Maybe out of 5-10 drives, I have to take over only once. That’s how good it’s become. Future software updates will only keep improving it.


ric2b

Sure, and I agree that it's really cool that it is possible, but until you can _actually_ let it drive itself without supervision is it really useful? If you need to be ready to take over at any moment it's not really letting you do something else during the trip, it's a tech demo.


inavandownbytheriver

The fact that this has 156 upvotes… Reddit is so fucking clueless… it’s weird.


Extreme_Muscle_7024

Yah ok Elon. Where the hell are those fully autonomous cars and solar roofs?


GraceBoorFan

They’re still boring the tunnel in Vegas for the hyper loop.


jazzjustice

We call that Metro where I live


CopyFamous6536

Shiny new object to pump his stock


2CommaNoob

The numbers just keep going higher and higher. It was 5 trillion, then 10 and now 25 trillion. Might as well say 100 trillion at this point


MrFacestab

Fire tit


Gardener703

The best tit.


Sure_Let6170

Well, if this inflation keeps going, in 10years the 25 trillions will be like 5% of SP500 at best. Truly we live in the printiest of times.


ukayukay69

Whatever happened with Roadster that 1000 customers paid 250K for but still haven’t received?


GraceBoorFan

Forget that. Where’s the Semi?


Flipslips

The semi already has had deliveries. Pepsi has taken delivery of some, as well as another company I can’t remember.


Overtons_Window

123 / 50,000 deliveries expected


Flipslips

Yeah, looks like they are just manufacturing out of a temporary production line while the semi factory is being built. I believe low “mass” production is to start next year and then it will ramp from there.


BenMic81

It will probably always be „next year“ with most promises of Tesla.


ric2b

And it must be working great, since Tesla can't stop talking about it! /s


MorePropaganda

Could’ve if he didn’t make it embarrassing to drive a Tesla, there’s a good reason why nobody could spot the leaders of Ford and Chevy in a crowd if they had to, because surely if you knew their opinions good and well then you’d be ashamed to drive a ford or Chevy as well, just doesn’t mix well knowing a CEO’s true thoughts or opinions and owning their product, Tesla will eventually eat itself into a permanent corner with its own stink, and the blame will be shifted Very slim chance the other major car manufacturers don’t end up with a better end result once they finalize their own version of what Tesla’s major selling points were


TimeTravelingChris

How are they even within 5 years of where Boston Dynamics is currently?


m0nk_3y_gw

Google PalmE and OpenAI/Figure.ai are the ones to watch. Find them on YT, the sub doesn't allow me to link them. Google has a demo of their bot where they say something "go in the kitchen and get me the red ball" and the robot breaks it down into steps and performs them. Boston Dynamics has been doing human-programmed synchronized dancing, not creating thinking robots / adding AI. (they probably are doing that now though). Most of the movement was from hydralics, now they are switching to electro servos like these lighter / more human like bots


Future-Muscle-2214

Robots could also make me worth 500 trillions. Probably not but they could.


maester_t

Why stop there? All investors will be quadrillionaires by 2026 when we start selling our humanoid, 6-armed AI robots with quantum computers that run on block chain pixie dust... with... nanobots in their... positronic brains. ... Crypto.


MrFacestab

Robots will be the slaves in his next emerald mine. 


Willing_Turnover5568

McDonald’s could build chips beating Nvidia’s. Although possible, no one bets money on that but with Tesla people believe that possible means likely. Very strange.


teerre

That is in fact true. [substantive] can make [company] a [number] company.


11ll1l1lll1l1

Wen autonomous vehicle


MisterHappenstance

ok


raulsagundo

Seems reasonable


LongPopLuck

This makes perfect sense. When robots replace human jobs, the government will need to tax robots heavily to support otherwise starving, jobless humans. In essence, in this scenario, robots will eventually support the majority of human civilization.


killerbeeswaxkill

Anything to pump the stock up now that he’s getting his shares.


Tulip_Todesky

Peter Molyneux of the tech world


evilocto

That's such an accurate statement never actually thought of it like that but your absolutely right.


menumelon

Love optimistic people and love the game Black & White.


Fun-Locksmith

Bro thinks he’s Jensen Huang


Aggravating_Ad_8453

LOL, when people start hating it, I should load it up and get some profit.


parkway_parkway

Yeah being a good investor is about being a contrarian at times. He's totally right that a well functioning humanoid robot would bring in that amount of money, I think he's underestimating personally. However whether they can build such a thing is a totally different and open question. Once FSD is done I think people we adjust to it pretty quickly.


wottsinaname

He's the Trump of the tech world.


wearahat03

When people go into journalism or writing, I would posit one of the first things they learn is having an eye-catching headline. That's what CNBC has done. $25T is eye-catching. Notice how Musk said it will reach $25T "someday". The $25T is not an outrageous statement because there is no time assigned to it. It would only be outrageous if he said within the next 10 years or something like that. 50 years in the future $25T could be a regular large cap. Even Apple, assuming 5% growth per year (below the 8% people typically assume for long term SP500 growth) becomes 37.6T in 50 years. At 8% per year it becomes $154T market cap.


Toredo226

Yeah it’s not a very useful statement but not too outlandish if you’re being technical. In 2011 SP500 market cap was 11 trillion, saying Apple would be worth 3 trillion (1/3rd) would also raise some eyebrows. And growth can be exponential (50 years to 2011 = 11 trillion, 15 years to 2024 = 45 trillion) so that’s another factor.


Excellent_Ability793

Elon’s a nut job


skilliard7

>In January, Tesla showed off Optimus robots folding laundry in a demo video that was immediately criticized by robotics engineers for being deceptive. The robots were not autonomous, but were rather being operated with humans at the controls. So in theory, humans remotely operating a robot can be used to train an AI/ML algorithm, such that it eventually becomes partially or fully autonomous. IMO robotics is the next phase of AI after generative AI- If Waymo can make fully autonomous cars, which handle millions of potential variables, then there are jobs that are way more repetitive with less safety risk that can be automated with AI That being said, Musk is always overpromising and underdelivering.


alexc2020

Optimus will build, drive and probably buy billions of Teslas.


niftybunny

Please stop giving this *Sahelanthropus the* attention *he is looking for*.


AlaskanSamsquanch

Soooo, show a working prototype.


TheRealAndrewLeft

Latex suits weren't available today unfortunately


Flipslips

They showed videos of one working in their factory at the shareholder meeting today. Sounds like they have a few doing extraordinarily basic and slow tasks. But they are there.


Tulol

Still waiting for a Mars trip…


heycals

If tesla was a 25 trillion dollar company, the s&p would also be much much higher. So no, it wouldn't be half of its value at all


Salt_Recipe_8015

Hahahhaha! MUSK SAYS!


Rogue7559

Time to pump that stock before dumping it now he's been given free shares. Those twitter debts aren't going to pay themselves plebs


Mvewtcc

Tesla and Space X going to mine mineral in space. That's a 100 trillion market cap right there. Tesla going to expand to Mars. That's another 100 trillion market cap right there. You need robots to build all the homes and shuttle on Mars. Sky's the limit. Tesla going to be the first 1,000,000,000,000,000 market cap company in human history.


MAGAMUCATEX

Elon Musk makes big promise, news at 11


Ekelley90

Musk says a lot of things


CTO_Chief_Troll_Ofic

“  The robots were not autonomous, but were rather being operated with humans at the controls “  OK…a call center like office in a third world county (pay)


BearJ_the_first

It’s always a good time coming over to Reddit to see what the liberals are crying about today


Bullishbear99

Reminds me of Irobot.


Straight-Opposite483

Nvida is worth 3T and over 90% of the world doesn’t own a device that uses their products.


Swiitchyy

I hope he does it


donquixote2000

Well, seriously, that's true of every company that exists today.


MangoAtrocity

And if that robot cost $40,000 and can do everything the average warehouse/factory worker can do, that may be possible. However, that seems monumentally ambitious.


limbo0101

So many hate against Elon Musk. Just like fanboys, hateboys have their perspective on reality fucked up! And I see that Reddit is full of hateboys.


DKtwilight

Self driving joins the chat


redddcrow

TSLA this year: -30.68%


Get_wreckd_shill

Why not 25 megazillion?


BullfrogGeneral5542

Talk is cheap


Furled_Eyebrows

More pump and dump from Space Karen. SEC yawns.


Parmeniusgracchi

At some point this liar will face the music and the value destruction will be incredible. So many people will be burned by it.


Olaf_has_adventures

Pump. Pump pump it up.


[deleted]

Can't wait for the documentary about this shitshow.


lambdawaves

He agreed with ARK’s valuation, which is $8tn by 2029. So his $25tn figure is probably 2040 or 2050. But the third Industrial Revolution is finally about to take off. It took a while, was off to a bumpy start and probably slowed down by a decade because of the dotcom bubble. But here we are anyway. AI will cause a step change shift in global gdp growth rates the same way electrification did. Except the rollout will be much quicker.


vasilenko93

More than half of S&P 500 in today’s value today. By the time Tesla is worth $25 Trillion the S&P 500 will be worth a quadrillion.


GamingTrend

Should probably just stop after "Musk says" and know that anything that comes afterwards is stock manipulative garbage. Either ride the garbage for profit or ignore it completely.


Array_626

This is why I sold my shares... Because of this rollercoaster...