He’s an out of touch asshole and this is the same as saying let them eat cake “watch me build a car that flies for a silly demo instead of fulfilling my promise to fix the environment that taxpayers payed me $38 billion for”
I’ve spent a few days thinking about the Tesla Roadster reveal and landed somewhere I haven’t seen much discussion. I’m neither a Tesla fanboy nor a Tesla hater. And I couldn’t care less whether what we saw technically qualifies as a flying car. Three takeaways: (1) The risk of that live demonstration going horribly wrong was real. Almost no CEO would willingly expose their company to that kind of public humiliation for a product with so little financial upside. Elon did. (2) That willingness to attempt the seemingly impossible is what makes Tesla special. It’s also arguably Elon’s greatest contribution to America. He’s helped bring back something we’ve lost. The American spirit of chasing big scary ideas that most people think are impossible. That mindset is spreading across a new generation of founders and its long term impact on America’s future could dwarf anything Tesla ever sells. I think this is deeply underappreciated. (3) Can we just acknowledge how insanely cool that moment was? We’ve reached a strange place culturally where even extraordinary feats of human ingenuity immediately become arguments about why they don’t count. Not everything needs to be a debate. Sometimes we should just be able to stand back together and marvel at what humans are capable of. I’ve been both bullish and critical of Tesla’s ambitions over the years. But watching Elon and his team push the boundaries of what’s possible reminds me why I’m glad we have him. Whether the Roadster ever makes Tesla a dollar or impacts $TSLA stock price is almost beside the point. We need more people willing to risk failure in pursuit of things the rest of us think are impossible. Because when they succeed we all win.
SP500 didn’t reapproach highs from 2000 until 2008. Home depot was down more than 50% the whole time. Any retracing to highs would have triggered this. Since then, home depot went parabolic and only now is dipping a bit. This is not even close to an indicator
financeNoCommentLol retweeted
Replying to @unusual_whales
So we should continue backing those who purchased a home for 20k in the 70s, while ignoring hard working Americans who are unable to afford your average home today?
How about we increase the supply because that’s how our system ought to operate.
We’re at a level of divisiveness where reciprocation is to be expected @agnostoxxx . It’s the stuff of civil wars. Duels and cane beatings in Congress
history.com/articles/charles…
This is so stupid. The US govt already gets ownership in the form of licensing rights. Any IP funded by the govt, the govt owns the rights to license. They could already be monetizing it but they do a horrible job of tracking what IP they own. That’s the only issue
Seeing lots of misinformation from the tweeters today. Reposting some facts
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This is hilarious and hopefully this time I’m not a contra signal. xitter.cf/eliant_capital/status/…
financeNoCommentLol retweeted
A survey by FT discussing American manufacturing saying "Someone's American Dream, just not mine:"
Who is trying to start a new aerospace defense company that doesn’t suck?
























