691–700 of 884 posts
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SpaceX could be affected by him losing his security clearance for illegal drug use though.
So US interests could be harmed by damage to an important US company, itself entirely due to backwards US drug policies? I don't think Musk is the problem in that case...
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This is just revisionist history and completely wrong. Steve Jobs pretty much set Apple on the premium goods track when he returned You are revising what I actually said, and about that you are completely wrong. I never denied that Jobs set Apple on the premium goods track. However, he was one of the major forces keeping it from devolving into being only a peddler of luxury goods. Tech innovation does better with goo…
People responding in this thread are failing to realize that there are two types of luxury goods (to obviously oversimplify): luxuries built on hype, and luxuries built on quality/craftsmanship. (Said craftsmanship can be innovative or traditional, but there's the sense of pride in the work that carries through in both situations.) One (though not all) of the nuances that the parent post evokes is that Jobs challenge…
Of course, if you never use premium features, then it's a luxury good.
I think there's a bit of overexcitement going on in this thread; it doesn't look to me like Musk is going to jail on this one. This part is interesting: > The SEC had crafted a settlement with Musk that it was preparing to file Thursday morning, the Wall Street Journal reported, citing unidentified people familiar with the matter. Musk’s lawyers called SEC lawyers to say they were no longer interested in proceeding w…
Part of the deal was that he step down as CEO. I think that was not acceptable to him. Ultimately, I believe he will lose. A strong operator to handle traditional car company problems will make TSLA sky rocket
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Tesla completely changed the public perception of electric cars, from slow eco-friendly compacts to high-performance sports cars. Without Tesla I doubt that Mercedes would be spending $12 billion on electric cars, or Porsche would be releasing an electric car next year with a 0-60 time of 3.5 seconds and a nationwide fast charging network in the U.S. Tesla proved that it's possible and that there's demand for it. Spa…
Well, Jeff Bezos with Blue Origin is so far behind that they haven't launched anything to the Low Earth Orbit yet, and as far as I know they don't have plans to launch to LEO for the next few years. So wrg to reusable launch vehicles, so far SpaceX is the only game in town. OTOH, Jeff Bezos has more money and can speed things up if he wants.
The first part is obviously true. The latter, I’m not so sure —- Blue’s budget has increased dramatically over the past few years, but New Glenn flights remain rare, and New Shepard remains well in the future.
It’s interesting to ponder where Blue would have gone if SpaceX (which was founded later) hadn’t happened. I think there’s a very real chance they’d still be thrashing, talking up bits and pieces of technology but without any complete vehicles (even of New Glenn size).
Does anyone else find it amazing that these days social media posts are becoming official government documentation? Who would've thought that the very platforms where we once just shared pictures of cats are starting to run our our elections and stock markets.
Tesla made it easy for them. From the SEC filing: > 13. On November 5, 2013, Tesla publicly filed a Form 8-K with the Commission stating that it intended to use Musk’s Twitter account as a means of announcing material information to the public about Tesla and its products and services and has encouraged investors to review the information about Tesla published by Musk via his Twitter account.
I do not understand why he did not hire a PR firm to run his Twitter given the high stakes of each of his tweets. This is really bad judgement on his part.
This comment I made a few weeks ago is coming alot closer to the truth than I would have expected. I hope for Space X and Tesla's sake that the reports of a directory and Executive ban don't come true. https://news.ycombinator.com/item?id=18016250#18016292 SpaceX is doing well, Tesla has pulled itself back from the brink and may actually become a profitable car company. All Elon had to do was keep his head down and n…
Amazingly, Musk apparently had reached a settlement with the SEC over this, then blew it up : https://twitter.com/tomgara/status/1045472592595996672 I don't understand people who defend him as head of a public company.
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Wrong on two levels. Intent doesn’t matter here, the SEC is alleging negligence (read the actual complaint). Remember that this is a civil case, not a criminal one. Second is that he’s being accused of securities fraud, not insider trading. So the SEC doesn’t actually need to prove that he benefited, only that rules were broken.
The SEC is alleging he broke rule 10b-5, which says that the defrauding actions must be "in connection with the purchase or sale of any security". The SEC complaint doesn't seem to allege negligence at all, in the claim for relief it says 'Defendant, with scienter' which definitely does not imply negligence. The complaint alleges that the statements were made in connection with the sale of securities but I don't real…
This is textbook market manipulation.
This comment I made a few weeks ago is coming alot closer to the truth than I would have expected. I hope for Space X and Tesla's sake that the reports of a directory and Executive ban don't come true. https://news.ycombinator.com/item?id=18016250#18016292 SpaceX is doing well, Tesla has pulled itself back from the brink and may actually become a profitable car company. All Elon had to do was keep his head down and n…
> I hope for Space X and Tesla's sake that the reports of a directory and Executive ban don't come true. Why? Because Elon is a special snowflake and deserves a different treatment than other white-collar criminals?
Those short sellers don't care about any of that, they only care about making money and it's understandable that Musk is trying to find ways to ruin their game.
Musk should have run this type of tweet by his close business friends / counsel.
I hope he will only get a slap on the wrist for this.
We need companies like Tesla, SpaceX or The Boring Company.
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I guess there's a difference between "head of a large public company" and "founder of a large public company". His track record at the latter speaks for itself. But the fact that someone who founded a company isn't necessarily the best person to run it long term is uncomfortable. Especially on a website like this one, with so many aspiring founders.
Except, you know, he didn't found Tesla.
This comment I made a few weeks ago is coming alot closer to the truth than I would have expected. I hope for Space X and Tesla's sake that the reports of a directory and Executive ban don't come true. https://news.ycombinator.com/item?id=18016250#18016292 SpaceX is doing well, Tesla has pulled itself back from the brink and may actually become a profitable car company. All Elon had to do was keep his head down and n…
I'd hope the company itself would be fine. I really hate this idea of the grand visionary. A good friend of mine who is a mechanical engineer despises Musk. I listened to a bit of his Joe Regan interview and when Regan asked him how he has the time to do all of the things he does, there are smoke jokes about him being an alien, but not once did he say, "Well I have an amazing team of engineers" and credit all the tho…