141–150 of 1001 posts
Isn't the actual listed location of residence more a formality for a billionaire like Musk? I presume he'll still rent residences in LA and the Bay Area considering he'll be back and forth for business related to Tesla and SpaceX. This seems like he's renting a place in Texas and making a big deal out of 'moving there' to make a point about California's regulatory environment.
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Yes, most places in the country have a massive deficit this year because states are spending money to protect their citizens and stimulate the economy. So this year is an odd year for most states... don't try and single out California as this bad actor that can't manage its finances. That narrative is misleading.
California has historically had budget problems for decades and resolved things 8 years ago through increased taxes. It also increased taxes by about $2B this year. As recently as 2017, the state miscalculated the costs of Medi-Cal and had a 1.6B deficit for the year. The argument that I'm framing is that the state has to continuously dig further into its citizens pockets in order to fund its appetite for spending. I…
https://worldpopulationreview.com/state-rankings/debt-by-sta...
Once Volkswagen gets its Modulare Elektroauto Baukasten rolling at full production speed it's game over for Tesla anyhow.
why would i buy a car from a company founded by nazis?
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I'll never understand why people look up to him. I have friends that are totally extreme communists, who hate everything capitalist and they idolize him. He's still a billionaire and a shitty person, just because he has interests in helping the planet (with his great business ventures) doesn't make him a swell fellow. He's still trash, like most billionaires.
I'll never understand why people embrace crab mentality. He's playing a positive sum game - his ventures are growing the pie and moving us toward a better future (e.g., sustainable energy). Focus on the rent seekers, not the pie growers.
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>Basically akin to a hostile government takeover. Or, you know, taxes to pay for the government subsidies that have funded all of Musk's current business operations.
Aren't those federal subsidies though?
I can't think of another state in this country where Tesla would have thrived nearly as well as California. Do you think Tesla would have done well in Texas back in 2003? All those oil guzzlers would have laughed Elon Musk out of the state.
Shocking to see someone anti-union trying to flee a state that actually protects workers rights: https://www.vox.com/identities/2019/9/30/20891314/elon-musk-... While I admire Elon's vision, I'm not a huge fan of how he's going about it. Kind of seems like he views other human beings as tools to be used and discarded when they've outlived their usefulness. You can see it when he makes comments about things like the U…
They just don't expect the non-US workers that make their iPhones to be treated the same..
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Yes, most places in the country have a massive deficit this year because states are spending money to protect their citizens and stimulate the economy. So this year is an odd year for most states... don't try and single out California as this bad actor that can't manage its finances. That narrative is misleading.
> Yes, most places in the country have a massive deficit this year because states are spending money to protect their citizens and stimulate the economy. This is Stockholm syndrome. Are citizens being protected? Because last I checked, the "smart" people have largely outlawed working, destroyed any semblance of normal life, the average person is $5k behind on rent, and all the old people died. The federal government…
California is a geographically large state, but the bulk of the population lives in dense coastal areas. Given that, you'd expect California to have a very high death rate from Covid. But it's actually ranked 38th on a per capita basis (where higher is better), right behind West Virginia.
California has about half the deaths per capita as Florida does, another warm climate, fairly dense large state. It has a quarter of the deaths per capita as New Jersey, the densest state.
San Francisco has one of the lowest rates of any city in the country, despite being the nation's second most dense city.
What percentage of Tesla employees will prefer living in Texas over California?
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It likely posed an appreciable risk to his business ventures that CA at some point will try to tax unrecognized capital gains, People like Musk leverage their paper wealth into real (risky) loans and the like to support their business ventures (and personal lives)--part of the "socialize risk, privatize profits" model of pseudo-capitalism they practice. A thoughtless approach to taxing unrecognized gains is not a goo…
Why does taking private loans against his private assets count as socializing risk? The banks he gets these loans from understand the risk and do not represent "society".