2,006 karma · joined December 20, 2016
It seems that's what exactly what they did? Except also called the police which seems the responsible thing to do when dropping drunk kids off somewhere
His net worth is orders of magnitude bigger than the cumulative profits his companies have ever produced (even if you only count the profitable quarters)
There were not enough shares actually trading for the index funds to fulfill their requirements that's why the price keeps going up
Brokers told retail they couldn't participate in future IPOs if they sell, funds have 15 days to get a hold of a certain percent of their holdings worth of shares, but it's more than there are available. So the shares that are available are going have to keep going up until they are worth the total amount that all the funds based on Nasdaq 100 need in their holdings.
This was designed to be a like a massive short squeeze right out of the gate, tons of forced demand chasing very few shares available.
Maybe it can be a teleportation company? Imagine the TAM for that.
I feel second hand embarrassment for all the bankers and analysts who have felt the need to pump this
These 2 have always been very pragmatic. They compete in an area or two but there is also a lot of money flowing both ways.
We are slightly delayed on the first Mars trips timelines that were supposed to have happened already but the overall timeline of being all over the universe at some point in the future is still perfectly on track.
This is an economic opportunity in the quintillions you would be stupid not to give Elon billions to be a part owner. Keep in mind like in all of his businesses no one else could ever do this, there is 0 competition only what his companies do matter and if you don't believe that GFY
The capabilities will be "orders of magnitude" and "end of this year." The timeline is "there is no competition outside of China".
They are more amazing every quarter and so is Tesla's ability to rapidly produce them in the future.
I almost like everything he writes which is something because there's a ton of it and it's all over the place. Only ones I've DNFd are the Shards of Earth which is weird because I normally like space opera.