He has quotes about Mars too... let me find one. ______________________ “We [SpaceX] started off with just a few people who really didn't know how to make rockets. And the reason that I ended up being the chief engineer or chief designer, was not because I want to, it's because I couldn't hire anyone. Nobody good would join. So I ended up being that by default. And I messed up the first three launches.” _________________________________________ An asteroid or a supervolcano could certainly destroy us, but we also face risks the dinosaurs never saw: An engineered virus, nuclear war, inadvertent creation of a micro black hole, or some as-yet-unknown technology could spell the end of us. ________________________________________________________ The future of humanity is going to bifurcate in two directions: Either it's going to become multiplanetary, or it's going to remain confined to one planet and eventually there's going to be an extinction event. _______________________________________________________________ Mars is the only place in the solar system where it's possible for life to become multi-planetarian. -Elon Musk ________________________________________________________________________ My vision is for a fully reusable rocket transport system between Earth and Mars that is able to re-fuel on Mars - this is very important - so you don't have to carry the return fuel when you go there. Elon Musk
Well actually, it was at $357 when the Tweet came out. I was there lol... or my #3 chart was I should say. But either way.... whether this happens or not.... if it "could" happen... its a brilliant move. Everybody wins. I think it'll happen. Elon knows how the SEC works. He's not Trump... he talked to his legal team beforehand.... you can bet on it. The financing is in place. Do NOT short this stock unless its only for an hour or so.
eh...i found some truth in the 2nd half of his letter, while the 1st half was just making up excuses for not meeting targets.
Those who managed to long TSLA just before the tweet should be very happy (at least for now). Those who shorted TSLA just before the tweet must be very furious. Those who missed the opportunity to profit from the tweet must be very furious too. Well. Let's see what SEC got to say. Anyway that's one of the reasons why I stopped trading stocks and focus on day trading futures. for day traders, we love tweets especially President tweets.
I have a bet to offer. They are NOT going to file an 8K proving the funding by the end of Friday's close.
The funding is the Saudi soverign wealth fund and maybe another fund. in my mind he was talking about equity funding not debt funding
Offtopic so I won't dwell on it too much. Nope. Finding a HD with thousands of bitcoins on it is lucky, actually mining them from the very beginning when they were pennies AND holding them through several tops and bottoms until now, that is more than just luck. Not to mention actively participating in funding several crypto companies, that is riding a new technology wave, not luck. But as long as we use the word genius as an adjective and not as a noun when referring to Elon, I agree with you. He is a genius scammer.
The nature of the bet is really not about who actually is providing the funding but about Tesla's behavior. They are not going to play by the rules as required by law, that is what I am betting on. Somebody pointed out on SA that the stock isn't trading close to the 420 buy out price, indicating that the market is very sceptical of Elon's claim.
What about TSLA's behavior? Musk tweeted that funding was secured right after a $250B fund (more like $700B when you consider the other fund of the same country) put their money where their mouth was. Thats the funding, he considered it secured when they followed through with the investment. And the disclosure on twitter has been ruled legal since 2013 when NFLX CEO did it on Facebook