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9887895 No.9887895 [Reply] [Original]

https://nypost.com/2018/07/21/elon-musk-is-a-total-fraud/

Recovery is over.

>> No.9887905

>>9887895
>government, which reportedly gifts Musk’s companies with an estimated $4.9 billion in subsidies.

As I've said countless times before he is good a being a populist that in turns helps him smooch of government grants. Plenty of people do this and there's nothing wrong with it.

It just makes you look stupid when you give so much of your respect to them.

He is not a real engineer. He's not even a physicist (lol BA degree). He sure as fuck isn't a good businessman.

He is good at being popular. Good for him (until his latest tweets).

>> No.9887922
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9887922

>>9887905

>> No.9887927

Fanboi Fight incoming, hide the women and children!

>> No.9887929
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9887929

Dump dem dank Elons

>> No.9887930

>tesla is so broke it's asking parts suppliers for bailouts to balance its books
it's going to be flat broke before 2019

>> No.9887933
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9887933

>>9887930
He doesn't need Tesla to succeed, he just needs the battery and vehicle tech for his Mars empire.

>> No.9887935

>>9887895
What's with all the anti-Musk hit pieces nowadays? What did he do to anger (((them)))?

>> No.9887936
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9887936

>>9887935
It's the short sellers, if Tesla doesn't tank, they'll get margin calls from hell.

>> No.9887938

>>9887935
he's a fucking asshole and it's been obvious to almost everyone for years

>> No.9887939
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9887939

>>9887933
Difference is, WvB was a brilliant engineer and was able to actually do it.

On Elons "credit side," though, at least he was never (tot he best of my knowledge) a literal Nazi.

>> No.9887941

>>9887935
Did you read the one linked? His idiot tantrum clalling the guy who rescued kids from the cave while the whole world watched a pedo was what they call "Bad PR." It reminded a lot of people of why they don;t like him, and that in turn caused a lot of them to look at how his business is doing these days.

>> No.9887942

>>9887939
>at least he was never (tot he best of my knowledge) a literal Nazi.
he sure is donating a lot of money to people who are catering hard to neo-nazis, though

>> No.9887944
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9887944

>>9887942
That happens when you give to both sides of the aisle.

>> No.9887946

>>9887939
also his "definition" of socialism is literally the same as how hitler redefined socialism to put a new name on fascism

>>9887944
"giving to both sides of the aisle" is a bullshit defense. he's giving to people to influence policy to make him more money. in some cases that means he's donating to democrats but the supermajority of his spending is going to republicans

>> No.9887954

>>9887936
He shouldn't have gone public, it's the most normal thing that a public company doing bad will have bets taken on their bankruptcy. If he didn't know that, it was an amateurish move to go public in the first place.

>> No.9887965

>>9887922
I'm not criticizing him at all. I'm more accomplished than Musk in the sense that I've actually achieved my goals in life. Some of those goals are arguably far more difficult than simple orbital mechanics and its associated engineering and business enterprises.

If consider money to be the only deciding factor of success though then go ahead. I only garnered as much money as I needed for my goals and I've been successful at that.

That still does not mean I have to respect him in the same way that I respect academics and industrial leaders who actually make a large impact in the world.

>> No.9887969

>>9887935
>He failed at his goals and at life, costing the tax payer (You) literal billions
>After failing to fix his oversized dildo in a PR stunt he criticized a man actually got shit done and called him a pedo on the internet
>The money he got from the government could've been used to fund real science and sustainable engineering companies.

>> No.9887972

>>9887965
That's the difference between you and my boss.

You set your bar too low.

Out at our facilities, we are constantly striving towards the next goals. If our job was "done" no one would need rocket launches. That doesn't make any sense.

>> No.9887983

>>9887972
I disagree.

Mars is a low bar. It is unimportant in the grand scheme of things including the technological progression of mankind.

My work is orders more important.

>> No.9887993

>>9887983
>t. number theorist
have you solved a = b + c yet? Only a numberfag would take so long in something this trivial.

>> No.9887998

>>9887993
In fact, the solution I developed to the problems I work on resulted in an algorithm that's been used by your company to design your precious rockets probably a few million times by now.

This should tell you where you fall on the echelon of things.

Real engineers aren't working for shitty companies like SpaceX and Tesla where they are being paid less than a fucking tech.

>> No.9888002

>>9887983
HAHAHAHAHAHA

>> No.9888019

>>9887944
>born too late to throw small Elon on the concrete
>born too early to witness post-Musk space age

>> No.9888046

>>9887895
>>9887905
>elon makes noises about the media
>media gets on his case for the rest of eternity
Big whoop. He's always been a cringy sperg, but he has done things faggots like you never could have. I wish him all the best. The more soigoy bugmen are triggered the better

>> No.9888047

>>9887946
>redefined socialism to put a new name on fascism
You do realize that fascism and natsoc alike splintered off of radical leftist groups, right? They just realized the egalitarian hogwash wasn't gonna work.

>> No.9888060

It is just the Shorters trying to tank Tesla stock price. A bunch of Tesla bonds are about to mature. Which converts them to stock and decimating the Shorters

>> No.9888071
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9888071

> me after having suspected this guy was too good to be true

>> No.9888095
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9888095

>>9888060
For the /sci/lons who don't know, shorting works like this:
- Someone else has a stock
- You "borrow" the stock with an obligation to "return" it
- You sell the stock
- You wait for the price to (hopefully) go down
- You buy the stock back (there may be a time limit to do this)
- You return it
The problem is if the stock goes up, you have to buy it back at a higher price, and you lose money. If you buy a stock the normal way, and the company goes out of business, you lose no more than what you paid. But if you owe a share of shorted stock, the amount you can lose is unlimited, because there is no upper limit to the price.
Even worse, when you first sell the "borrowed" stock, someone else now owns it, and it can be borrowed again by another shorter. It is possible for there to be more outstanding short shares than the entire number issued, making it a game of musical chairs and driving the price higher when time is up. Whoever is last to cash out loses the most.

>> No.9888107

>>9887998
Joke's on you, I am a technician :-)

>> No.9889069

>>9888071
Whoa buddy, how did you m>>9888071

>> No.9889771

>>9888046
>but he has done things faggots like you never could have
Like what?

Become an e-celeb? I've done that.

>> No.9889777

>>9888095
We know what shorting is and you described it incorrectly you twit. When you short it's your own stock that you sell temporarily to someone else or your bank, not someone else's that you borrow wtf. That's a separate transaction from normal shorting.

Shorts can lead to stock panic and dumps.

People calling shorts when a bubble pops are also usually the people that lose the most money. Stocks always have a brief rally before crashing and burning for this reason. See bitcoin's price for a recent example.

>> No.9889786

>>9889777
https://en.wikipedia.org/wiki/Short_%28finance%29
>In finance, a short sale (also known as a short, shorting, or going short) is the sale of an asset (securities or other financial instrument) that the seller does not own. The seller effects such a sale by borrowing the asset in order to deliver it to the buyer.

>> No.9889801

>>9889786
Wew. What.

Well idk, my bank allows me to short my own stock directly.

Guess I'm the lender in that graphic?

But I get the same deal as the short seller.

Whatever.

>> No.9890049
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9890049

>>9887895
Wow, it's nothing.
>Musk just lost money
>Musk isn't transforming humanity
>Musk won't take everyone to Mars
>Musk don't want to suck my dick
Why is it so hard for people to understand how business works? For every great deal you get some failures, the net outcome is what is important. Musk is a successful person with childish dreams, and good for him. People act like he some savior, but he is just a guy who wants to fly rockets and dig holes and have fun.
I hate sensational journalism.