People always like to make him out like some sort of grifter because he used government loans etc. As if being a CEO and not using handouts that can help your company reach its goals is somehow good (handouts your competitors get too). He made sure to pay back government loans, spent all his own then borrowed money from family to make payroll during the hard times, all because he's trying to push technology to where it should be without all of the government and oligopoly interference. Nobody is perfect, but he's a treasure. Only so many hours in a day, and he's busy doing more than his part. We should all do our part, and maybe give the guy some slack when he puts a foot wrong here and there.
Just watched Gas prices jump two times today. Usually static for at least a day before the next change. Never seen that before in southern Commiefornia.
I believe what's at stake here isn't just gas prices.
With the push to sanction Russia and boot them off of SWIFT while Germany is still reliant upon Gazprom for 38% of their energy, it's clear that an alternate method of payment is going to be needed. Putin's making moves to setup gold as their standard by dropping their VAT on bullion.
If Germany is using gold bullion for a major chunk of their energy costs, then what do they need to hold on to US dollars for? They'll start either dumping them or converting them to gold... which increases the supply of USD in circulation, which causes a devaluation of the USD, which gives us a bump in inflation especially if we don't have the GDP to soak up the hit.
If it spirals on from there and other energy producers start taking gold, then the "petrodollar" is dead and the USD is no longer the commonly used world currency. Everyone else starts dumping or converting because no one wants to do deals in USD because it's losing value so quickly, and things snowball from there.
And then we get the "wheelbarrow full of $10,000,000 bills to buy a loaf of bread" stories here in the US.
We don't need to ramp up production NOW just to keep prices at the pump down... we need to do it so we've got relevance in the new non-USD-based economy that's about to explode into existence. We don't need to just be self reliant, we need to dominate the oil and gas markets in order to maintain our current standard of living.
If only we could declare the boiling disaster of the suppressed economy a National emergency like we did for lockdowns and lift some restrictions to increase the rapidity of setting up production for commodities domestically.
It's too bad that he "hates to say it" though. And his justification is that Tesla can't handle the sudden loss of so much oil and gas? Hey Elon, how about considering the bigger issue? Your company couldn't exist without oil and gas. It sounds like he's more worried about his stock tanking overnight.
No, he's not saying his company can't handle the sudden loss.
He's saying the country can't, and we need it. He's saying that having more oil and gas is bad for Tesla, but the country needs it so we need to increase production. You have it completely opposite. And it's really weird because it's extremely easy to read.
He hates to say that we need more oil and gas because an excess of it hurts the bottom line of his company, and he's in favor of sustainable energy. But he is being realistic and putting his self interests second and saying that we need to increase production, at his company's loss.
He has said that if he was given ‘a button’ to press to instantly erase O&G, he wouldn’t press it. The man isn’t deluded. He’s sharing his opinion while pandering to his customer base. I don’t know many conservatives with EVs.
Seems the other way around. He was a kid before. Then he threw a tantrum because Trump didn't necessarily fully agree with his ideas (or some such) and then he grew up and got a better grasp of the world and why we need certain things.
Holy shit, common sense. Love it
Even admits that it wouldn't be good for Tesla. Go figure
beating a dead horse, but at least he said it. cannot wait for his first "truth" to the moon...
People always like to make him out like some sort of grifter because he used government loans etc. As if being a CEO and not using handouts that can help your company reach its goals is somehow good (handouts your competitors get too). He made sure to pay back government loans, spent all his own then borrowed money from family to make payroll during the hard times, all because he's trying to push technology to where it should be without all of the government and oligopoly interference. Nobody is perfect, but he's a treasure. Only so many hours in a day, and he's busy doing more than his part. We should all do our part, and maybe give the guy some slack when he puts a foot wrong here and there.
Are we all just conviently forgetting he wants to put microchips in your brain…
Gotta put 'em somewhere.
Hes a fucking scumbag
Just watched Gas prices jump two times today. Usually static for at least a day before the next change. Never seen that before in southern Commiefornia.
I believe what's at stake here isn't just gas prices.
With the push to sanction Russia and boot them off of SWIFT while Germany is still reliant upon Gazprom for 38% of their energy, it's clear that an alternate method of payment is going to be needed. Putin's making moves to setup gold as their standard by dropping their VAT on bullion.
If Germany is using gold bullion for a major chunk of their energy costs, then what do they need to hold on to US dollars for? They'll start either dumping them or converting them to gold... which increases the supply of USD in circulation, which causes a devaluation of the USD, which gives us a bump in inflation especially if we don't have the GDP to soak up the hit.
If it spirals on from there and other energy producers start taking gold, then the "petrodollar" is dead and the USD is no longer the commonly used world currency. Everyone else starts dumping or converting because no one wants to do deals in USD because it's losing value so quickly, and things snowball from there.
And then we get the "wheelbarrow full of $10,000,000 bills to buy a loaf of bread" stories here in the US.
We don't need to ramp up production NOW just to keep prices at the pump down... we need to do it so we've got relevance in the new non-USD-based economy that's about to explode into existence. We don't need to just be self reliant, we need to dominate the oil and gas markets in order to maintain our current standard of living.
If only the Democrats would let my brothers work
If only we could declare the boiling disaster of the suppressed economy a National emergency like we did for lockdowns and lift some restrictions to increase the rapidity of setting up production for commodities domestically.
Gas prices just hit $6.95 for mid-grade in Hollyweird
Promoting The Need
over The Greed
It's too bad that he "hates to say it" though. And his justification is that Tesla can't handle the sudden loss of so much oil and gas? Hey Elon, how about considering the bigger issue? Your company couldn't exist without oil and gas. It sounds like he's more worried about his stock tanking overnight.
No, he's not saying his company can't handle the sudden loss.
He's saying the country can't, and we need it. He's saying that having more oil and gas is bad for Tesla, but the country needs it so we need to increase production. You have it completely opposite. And it's really weird because it's extremely easy to read.
He hates to say that we need more oil and gas because an excess of it hurts the bottom line of his company, and he's in favor of sustainable energy. But he is being realistic and putting his self interests second and saying that we need to increase production, at his company's loss.
He has said that if he was given ‘a button’ to press to instantly erase O&G, he wouldn’t press it. The man isn’t deluded. He’s sharing his opinion while pandering to his customer base. I don’t know many conservatives with EVs.
I got a golf cart.
I would never own one for as long as I live.
Elon Musk is still an asshat. Remember that, folks.
But even asshats can be level headed and smart, at times.
Is he actually trying to point out that we import oil from Russia?
He's like a 9 year old. With a bajillion monies. And it's currently awesome.
Let's hope he doesn't mature into a 13 year old with anger issues.
Seems the other way around. He was a kid before. Then he threw a tantrum because Trump didn't necessarily fully agree with his ideas (or some such) and then he grew up and got a better grasp of the world and why we need certain things.
He knew Trump was good for business
I like Elon. Not sure about him, but I like him so far.
Muh corporate greed. Muh profits. This does not compute. /restart