OT: Stock and Investment Talk
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Started about 45 minutes late. About 3 million people watching on X at its peak. Highlights…
• Sounds like it will be called the Cyber Taxi. It looks like a smoother edged Cybertruck.
• Demo model had two seats
• Production to begin in 2026
• Cost < $30k, high volume production
• He expects fully unsupervised autonomous driving to be rolled out in California and Texas in 2025, allowing for the cyber taxi platform to be used with current model vehicles for the time being
So I'm watching something now on Youtube.
Dancing robots. And an autonomous bus/van type thing.
It's late so I'm not going to watch much more. Not sure if we get to details in regards to timelines.
Edit, I see now Chris has already posted these details.
Some robot bartenders too, but it's not actually serving anyone? Starts waving randomly.
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Got UBER, sold TSLA at $245 on Wednesday! Will buy back in (maybe even later today), but these events never seem to go well for the stock. Me smart. :)
Good summary and thoughts:
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Seems to be + or - at least 5% every day.
In other news, first wave of bank earnings looks very good this morning.
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Just brought my first TSLA shares @$220 in a long time
Brought TGT this week after shopping there this weekend.
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Me too, back into TSLA at $220.3. Got 10% more shares with the mini-trade.
UBER is crushing it today. Even if the CyberCab is wildly successful, I assume owners would use a ride-share platform anyway. Win-Win for UBER.
I rode Waymo last week for the first time. Quite the experience. It was nice and relaxing within a city, not sure how I’d feel out on a highway. It was about 25% cheaper than an Uber when you factor in a tip. I see them as a Google spin off candidate some day that will challenge all of the above
Uber is my biggest position in my portfolio- it’s a good day!
Just bought some GS…banks that reported this morning had great investment banking numbers so hoping I can make a quick trade when GS reports next week. If not I don’t mind holding for a while.
I could see TSLA retesting $200 or below if downgrades come..:although it always seems to snap-back
Yeah, I saw a YT video on the Waymo car and it was pretty cool. I think Waymo is owned by Google/Alphabet, so I guess that's how to invest in it! Great tech.
I dunno but i had some bonds mature this week so used that money to sell puts on the stock. 12% premium on the $10 strikes a month out. Hoping to juice that bond money before returning it to bonds after the expiration.
If not im in the stock below $9.
WOLF had a large order for their 200nm chips.
Elon’s simping for Trump lately certainly hasn’t helped TSLA stock. And “X” is now valued at less than a quarter of what it was when he took over. Perhaps he should take “X” public and get out before it is too late to salvage. He should stick to the hard sciences and leave the social sciences alone.
I love what he has done for X. It’s a million times better now. Hopefully the value goes back up
X has been accommodating more government requests than ever before. More accounts and posts have been deleted (aka censored) than ever before. So much for free speech.
The talented employees all left when Musk started treating them like serfs, because there’s fierce competition for talented devs, greatly diminishing the company’s prior technical prowess.
Financially, it’s a disaster.
Year Of Musk: X Faces Slashed Valuation And Fewer Advertisers One Year After Twitter Takeover
Musk acquired the social media platform for $44 billion last year after a lengthy legal battle.
www.forbes.com
“Musk bought Twitter in a $44 billion (enterprise value) deal during 2022. Forbes estimates that the social media company, which he renamed X, is worth nearly 70% less as of August 2024.”
- https://www.forbes.com/profile/elon-musk/
But sure, it’s a million times better. 🤣
Don't know but it doesn't help when Musk goes on live TV and tells advertisers to go F themselves.
This, from Fortune, is a little interesting.
Elon Musk was just forced to reveal who really owns X. Here’s the list.
Organizations linked to Bill Ackman, Larry Ellison, and Sean Combs (a.k.a. Diddy) were mentioned in the filing.
It's a private company, so essentially impossible to value. Regardless, it seems to be working perfectly fine.
People have been complaining about Twitter's value for years before Musk - its imminent death often reported.
www.independent.ie
Twitter is #1 site for machine learning since the user base is very global and posts are down to the second.
Those are reasons the gov hijacked Twitter (and others) and used AI (not new) to manipulate news/posts etc.
I got banned for saying Wuhan virus wasn't from a market.
Musk didn't quite know the hot potato he bought.
Advertisers were already being scared off by NewsGuard and other non gov entities doing govs dirty work.
No Ford truck ads on accounts dealing with construction, farming etc?
That's not a natural occurrence.
Indeed the current "revelation" of investors no doubt stems from intimidation attempt
“We’re seeing governments become more aggressive in how they try to use legal tactics to unmask the people using our service, collect information about account owners and also using legal demands as a way to try and silence people,” Yoel Roth, the head of Twitter’s safety and integrity, said in a conversation broadcast on the site Thursday."
www.pbs.org
The language is being warped (as usual) so that censorship is now called "media literacy" and spying is "social listening."NewsGuard is implementing (with teacher union) its media literacy concept in K-12 schools. US actors hindered by Constitution work hand-in-glove with foreign govs doing the dirty work - a reason you see foreign pols threatening Musk and Twitter under their laws. They want to put people in jail for "misinformation."
I've seen Twitter use expand a lot (I still have no acccount) and expect the ads will come back as the censoring entities continue to be hoisted on their own petards.
Luckily Musk is wealthy enough and bold enough to confront abuses to degrees. They might start shooting at him soon.
.
Rumours of Twitter's death have been greatly exaggerated
To read the press, Twitter is doomed. Its share price has collapsed and it isn't attracting new users to its service. It's a Wall Street investor's narrative. If a company such as Twitter is not hot on the heels of Facebook - exponential growth and emerging dominance in some commercial areas -...
www.independent.ie
Twitter is #1 site for machine learning since the user base is very global and posts are down to the second.
Those are reasons the gov hijacked Twitter (and others) and used AI (not new) to manipulate news/posts etc.
I got banned for saying Wuhan virus wasn't from a market.
Musk didn't quite know the hot potato he bought.
Advertisers were already being scared off by NewsGuard and other non gov entities doing govs dirty work.
No Ford truck ads on accounts dealing with construction, farming etc?
That's not a natural occurrence.
Indeed the current "revelation" of investors no doubt stems from intimidation attempt
“We’re seeing governments become more aggressive in how they try to use legal tactics to unmask the people using our service, collect information about account owners and also using legal demands as a way to try and silence people,” Yoel Roth, the head of Twitter’s safety and integrity, said in a conversation broadcast on the site Thursday."
Governments increase demands to reveal private user data, Twitter says
Twitter is warning that governments around the globe are making more requests of the company to remove posts or snoop on accounts.
www.pbs.org
The language is being warped (as usual) so that censorship is now called "media literacy" and spying is "social listening."NewsGuard is implementing (with teacher union) its media literacy concept in K-12 schools. US actors hindered by Constitution work hand-in-glove with foreign govs doing the dirty work - a reason you see foreign pols threatening Musk and Twitter under their laws. They want to put people in jail for "misinformation."
I've seen Twitter use expand a lot (I still have no acccount) and expect the ads will come back as the censoring entities continue to be hoisted on their own petards.
Luckily Musk is wealthy enough and bold enough to confront abuses to degrees. They might start shooting at him soon.
.
It won’t happen, but I’d guess if he took it public he’d get his money back and then some.
No way more has been censored than ever before. That’s what makes it so much better now.X has been accommodating more government requests than ever before. More accounts and posts have been deleted (aka censored) than ever before. So much for free speech.
The talented employees all left when Musk started treating them like serfs, because there’s fierce competition for talented devs, greatly diminishing the company’s prior technical prowess.
Financially, it’s a disaster.
Year Of Musk: X Faces Slashed Valuation And Fewer Advertisers One Year After Twitter Takeover
Musk acquired the social media platform for $44 billion last year after a lengthy legal battle.
“Musk bought Twitter in a $44 billion (enterprise value) deal during 2022. Forbes estimates that the social media company, which he renamed X, is worth nearly 70% less as of August 2024.”
- https://www.forbes.com/profile/elon-musk/
But sure, it’s a million times better. 🤣
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