Elon Musk

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im no big city lawyer, i dont really know what meets the criteria of market manipulation, but def seems like theres some fishy stuff going on

lag∞n, Tuesday, 18 May 2021 00:31 (two years ago) link

Did I post this or did I dream that I did? Anyway it’s good

https://www.cnbc.com/2021/05/17/michael-burry-of-the-big-short-reveals-a-530-million-bet-against-tesla.html

𝔠𝔞𝔢𝔨 (caek), Tuesday, 18 May 2021 01:45 (two years ago) link

Yeah sorry stock was the wrong word, its currency trading. I dont think I actually realised it wasnt public trading, either.

Stoop Crone (Trayce), Tuesday, 18 May 2021 01:58 (two years ago) link

thats a lotta puts baby xp

lag∞n, Tuesday, 18 May 2021 02:06 (two years ago) link

*pushes up glasses* it's actually $500m NOTIONAL value. He didn't put up $500m.

longtime caller, first time listener (man alive), Tuesday, 18 May 2021 02:09 (two years ago) link

Also afaict there is little if any regulatory/legal mechanism to prevent crypto manipulation.

longtime caller, first time listener (man alive), Tuesday, 18 May 2021 02:12 (two years ago) link

Yeah, that's the point, it's outside those stuffy things like LAWS, maaaaaaan

Tsar Bombadil (James Morrison), Tuesday, 18 May 2021 08:41 (two years ago) link

guys cmon be serious just because something is a crypto currency doesnt mean its outside the reach of long arm of the law, they dont have to like formally add each new asset class that comes along to the law books lol, the sec and other government agencies are happy to regulate anything people buy and sell, for instance theres been tons of investigations and prosecution/fining of crypto companies going on the whole time, now that doesnt mean that the crypto ecosystem isnt difficult to regulate due to its lack of transparency and surfeit of scammers at every level cause obvs it is, but my understanding is the government a while ago decided to treat crypto like securities and proceeded accordingly

lag∞n, Tuesday, 18 May 2021 10:25 (two years ago) link

and of course they could bring new laws/resources online to deal with the specifics of crypto which its kind of surprising they havent already, special new crime tools been out there for years lol

lag∞n, Tuesday, 18 May 2021 10:28 (two years ago) link

not quite as easy to move as the price of doge coin

Giga Berlin suppliers please accelerate!

— Elon Musk (@elonmusk) May 18, 2021

lag∞n, Tuesday, 18 May 2021 11:53 (two years ago) link

I mean yeah you can't like hide all your assets in bitcorn while you're going through a divorce and it's still illegal to scam people but I don't think market manipulation stuff is against the law, it's kind of the one thing bitcoins are really good for

frogbs, Tuesday, 18 May 2021 13:10 (two years ago) link

it most certainly is against the law to manipulate the markets... whatever that means

lag∞n, Tuesday, 18 May 2021 13:15 (two years ago) link

Tell that to the farmers in my town! Every third Saturday, what the hell is that?

pplains, Tuesday, 18 May 2021 13:42 (two years ago) link

i will tell them

lag∞n, Tuesday, 18 May 2021 14:23 (two years ago) link

Thanks to @YIMBY_Princeton for inspiring me to check in on the Tesla forums, this Model Y trim discoloration (apparently caused by touchless car washes) is another classic. https://t.co/HhAaqK4U8l pic.twitter.com/zHbN7eij3k

— E.W. Niedermeyer (@Tweetermeyer) May 18, 2021

lag∞n, Tuesday, 18 May 2021 15:06 (two years ago) link

$TSLA - @elonmusk, you need to get to precision within inches first before you even attempt centimeters.#bitcoin #BTC https://t.co/duPnkKBeqs pic.twitter.com/WZyHzO6dHC

— phoenix10 (smartish) (@phoennix10) May 18, 2021

lag∞n, Tuesday, 18 May 2021 15:08 (two years ago) link

https://i.imgur.com/Hn04JBH.png

lag∞n, Tuesday, 1 June 2021 14:35 (two years ago) link

how many other value analysts do you think there are?

plax (ico), Wednesday, 2 June 2021 11:38 (two years ago) link

I already answered your question.

Neil S, Wednesday, 2 June 2021 14:16 (two years ago) link

The author posted this video in the comments. It's a truck full of traffic lights. pic.twitter.com/h2LwyL65ck

— FSD in 6 months (@FSD_in_6m) June 2, 2021

lag∞n, Thursday, 3 June 2021 20:08 (two years ago) link

"President Musk says his invasion of Iran is justified, as their leader is hiding a secret program to develop trucks full of traffic lights"

bogo jumbo junbi boba (Sufjan Grafton), Thursday, 3 June 2021 20:38 (two years ago) link

At least they weren't driving behind this dude:

https://i.pinimg.com/originals/be/80/ab/be80ab95c0cfe1630be6c520ccaadf67.png

Josh in Chicago, Thursday, 3 June 2021 20:51 (two years ago) link

Karl please replace the stoplights in that video with little icons of Doof Warriors.

DJI, Thursday, 3 June 2021 21:00 (two years ago) link

I have to say, there's an amazingly huge difference between how these cars look when they drive by you (sleek, great!) and how they look/feel when you sit in them (plasticky, cheap)

Guayaquil (eephus!), Thursday, 3 June 2021 21:01 (two years ago) link

i think lag000n comparing the model 3 to a nissan was about right.

𝔠𝔞𝔢𝔨 (caek), Thursday, 3 June 2021 21:15 (two years ago) link

I actually had a long conversation with a Tesla-owning acquaintance over the weekend, and he loves his car. If there's any real criticism he has, or at least conceded, it's that the car components are indeed pretty cheap compared to similarly priced luxury cars. There were one or two other little things that bugged him, too, but he was otherwise really positive about the last year and a half of Tesla ownership. I still think that the biggest game changers are not the design/car, per se, but features that could be implemented by competitors for a lower price some time in the near future. He said he felt comfortable being part of what he considers an experiment. He professed not to be a Musk sycophant, fwiw, but he thinks the guy is a Jobs like genius. Which I guess tracks, as Jobs was an asshole weirdo, too.

Josh in Chicago, Thursday, 3 June 2021 21:20 (two years ago) link

please don't mock my former upstairs neighbour

bobo honkin' slobo babe (sic), Thursday, 3 June 2021 21:23 (two years ago) link

dang xpost, Steve Jobs did not live above me

bobo honkin' slobo babe (sic), Thursday, 3 June 2021 21:24 (two years ago) link

Now into CumRocket coins

Joe Bombin (milo z), Saturday, 5 June 2021 14:43 (two years ago) link

He professed not to be a Musk sycophant, fwiw, but he thinks the guy is a Jobs like genius

hopefully musk has similar thoughts on personal health care

intern at pelican brief consulting (Simon H.), Saturday, 5 June 2021 14:58 (two years ago) link

Now we have No Jobs, No Hope, and No Musk

eisimpleir (crüt), Saturday, 5 June 2021 15:20 (two years ago) link

Don't get me wrong, I could easily see myself buying a car from Tesla, and I don't think Elon Musk is some kind of genius, I just think the engineers who designed the car are by most accounts good at designing functional cars and it has features that appeal to me enough that the "look and feel" deficits don't bother me too much (if they did, I wouldn't be driving a beater now)

Guayaquil (eephus!), Monday, 7 June 2021 20:18 (two years ago) link

what about being locked inside a burning car because the locks stop working? that seems like kind of a dealbreaker to me idk

sleeve, Monday, 7 June 2021 20:22 (two years ago) link

tbf, you could accomplish this in any car by engaging child safety locks, getting in the front and starting the car, putting a brick on the gas pedal, and hopping in the back

butyrate humbucker bobbins (Sufjan Grafton), Monday, 7 June 2021 20:27 (two years ago) link

maybe you can't even open a tesla's rear doors by opening the window and using the exterior handle, though

butyrate humbucker bobbins (Sufjan Grafton), Monday, 7 June 2021 20:28 (two years ago) link

yeah I think Teslas are for the most part good cars, but I'm not sure what if anything Elon has to do with that, virtually every idea he's ever had for Tesla has either never came to fruition or has been incredibly dumb

frogbs, Monday, 7 June 2021 20:35 (two years ago) link

He once had an idea that Tesla's stock price should be higher -- that sure came to fruition.

butyrate humbucker bobbins (Sufjan Grafton), Monday, 7 June 2021 20:52 (two years ago) link

what about being locked inside a burning car because the locks stop working? that seems like kind of a dealbreaker to me idk

I used to have this same issue about cars with no manual window handles -- what if my car went underwater and the electricity shorted out and I couldn't get out? I dunno, I have come to feel that things like my car catching fire or plunging into a lake are highly highly highly unlikely, much more so than other accidental deaths I might suffer, and if that's the way I go, that's the way I go, it's just not a big enough sliver of probability to affect my car purchase.

Guayaquil (eephus!), Monday, 7 June 2021 21:03 (two years ago) link

I just think the engineers who designed the car are by most accounts good at designing functional cars

― Guayaquil (eephus!), Monday, June 7, 2021 4:18 PM (one hour ago) bookmarkflaglink

they are by the measure of average number of defects exceptionally bad cars fwiw, idk if thats the engineers fault tho

lag∞n, Monday, 7 June 2021 21:27 (two years ago) link

Guayaquil (eephus!) at 4:03 7 Jun 21

what about being locked inside a burning car because the locks stop working? that seems like kind of a dealbreaker to me idk

I used to have this same issue about cars with no manual window handles -- what if my car went underwater and the electricity shorted out and I couldn't get out? I dunno, I have come to feel that things like my car catching fire or plunging into a lake are highly highly highly unlikely, much more so than other accidental deaths I might suffer, and if that's the way I go, that's the way I go, it's just not a big enough sliver of probability to affect my car purchase.


probably worth noting that Teslas catching on fire is incredibly common compared to other vehicles

probably worth noting that Teslas catching on fire is incredibly common compared to other vehicles

― Blues Guitar Solo Heatmap (Free Download) (upper mississippi sh@kedown), Monday, June 7, 2021 2:36 PM (eight minutes ago) bookmarkflaglink

this isn't backed up by any data I've seen

butyrate humbucker bobbins (Sufjan Grafton), Monday, 7 June 2021 21:49 (two years ago) link

yeah tbf i don't think that's true. they share the same danger as all EVs: if a fire starts it's incredibly hard to put out.

𝔠𝔞𝔢𝔨 (caek), Monday, 7 June 2021 21:52 (two years ago) link

key difference seems to be how hard it is to *get* out

Bobo Honk, real name, no gimmicks (Doctor Casino), Monday, 7 June 2021 22:14 (two years ago) link

^^^

sleeve, Tuesday, 8 June 2021 03:31 (two years ago) link

also:

they are by the measure of average number of defects exceptionally bad cars fwiw, idk if thats the engineers fault tho

― lag∞n, Monday, June 7, 2021 2:27 PM (six hours ago)

sleeve, Tuesday, 8 June 2021 03:33 (two years ago) link

oh of course. if they catch fire you definitely die a terrifying death, a death that doesn't happen in other cars, and the software is buggy. but tbf they don't catch fire more than other cars.

𝔠𝔞𝔢𝔨 (caek), Tuesday, 8 June 2021 03:55 (two years ago) link

Hopefully it is possible to improve upon the baseline of 30-50k traffic deaths per year in the US

Karl Malone, Tuesday, 8 June 2021 04:35 (two years ago) link

https://fortune.com/2021/06/18/a-new-report-highlights-the-incredibly-high-environmental-cost-of-teslas-bitcoin-investment/

In 2020, Tesla delivered 181,000 vehicles. You could argue that its romance with Bitcoin erased the environmental benefits from more than 7,000 of those EVs. De Vries says that if a buyer purchases a Tesla by making payments over 48 months in Bitcoin, the carbon footprint of the Bitcoin transactions would exceed the total lifetime emissions savings from driving an EV instead of a gasoline-powered car.

They note that Bitcoin mining consumes almost as much energy as all the the world's data centers combined, and produces CO2 emissions that match the carbon footprint for the city of London. The paper estimates that Bitcoin generates 90.2 million metric tons of carbon gases per year. That volume exceeds by almost two times the total annual reductions achieved by the replacement of gasoline-burning cars by electric vehicles, as calculated by the International Energy Agency.

bobo honkin' slobo babe (sic), Sunday, 20 June 2021 23:37 (two years ago) link

jfc. if true, the inventors of bitcoin should be taken before the Hague. like essentially we're talking Captain Planet villain level "I've built the world's greatest POLLUTION MACHINE" level accomplishments.

Bobo Honk, real name, no gimmicks (Doctor Casino), Monday, 21 June 2021 01:17 (two years ago) link

at least Bitcoin is the only cryptocurrency that has any environmental impact, and the rest are all green

bobo honkin' slobo babe (sic), Monday, 21 June 2021 02:51 (two years ago) link


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