Yes, it is equivalent if you live anywhere but America.
385 karma · joined March 31, 2019
Yes, it is equivalent if you live anywhere but America.
Tesla is heading south in a serious way.
As compared to AI Grifters Are Making Pro-Data Center Slop With AI
Historically, listing rules asked: "How much money did you make last year, and do you fit our standard corporate governance box?"
Today, NASDAQ's rules ask: "Do you have the massive market capitalisation, sufficient institutional public float, and transparent liquidity to ensure fair and orderly trading?"
Here are the obvious ones:
1. Free float - Every company that intended to list was required to have at least 20% free float.
2. Index weights were based on the free float.
3. Time before inclusion into the Indices (min 12 months) now 15 trading days
4. Lockup period - minimum 12 months up to 24 months - not 180 days.
I wish people would understand that if America had a functioning criminal justice system, no one would have heard Elon Musk nor Donald Trump.
This is a very bad measure of anything, especially wealth.
In Australia, Kmart (Kmart is very popular here) sells lots of retro rock t-shirts. Often from tours that occurred in the 1970s eg Elon John 1974 tour or Led Zeppelin etc.
It was said Australians would bet on two flies climbing up a wall. But this is madness.
Solar is scalable. The cheapest system 10W with a powerbank and phone charger and 3 x 3W LED lights as about USD 20. Next level is more lights and a fan and the high end is a TV and fan powered by solar.
The Gemini models save me about an hour a day.
Dispatble solar and wind are about 1/5 the price of new nuclear.
Anything that simplifies using advanced tools is useful.