ILikeE

@WatcherGuru spcx valued more than tesla doesn't make sense to me

JUST IN: Elon Musk's SpaceX $SPCX hits post-IPO low, falling under $140

@PoliticalStacy it's a ponzi

Social Security is a fucking SCAM. Let's use Lindsey Graham's recent death as an example. Graham died at the age of 71. This is way too early to draw enough benefit from Social Security to recoup the money he was forced to pay in during his adult working life. If he had been permitted to deposit that money into a Roth IRA or various 401k funds he would have been able to select a beneficiary that those funds would go to upon his untimely death. As it stands - No one gets that money. The IRS keeps it. That's fucking criminal.

@AnaKasparian @Sucsidoz That's fine, then don't complain when others celebrate death.

@Sucsidoz Nah. I’m glad he’s gone.

There’s a pretty massive difference between a terrorist state dropping 2,000 pound bombs on civilians and a 70 something Senator who relished it dying of natural causes. Please grow a fucking brain cell.

@M44_1RJ @elonmusk spcx could easily drop another 50% and I say this as a tesla investor and elon fan boy.

This is a gift - save this post! Shorts are about to find out @elonmusk $SPCX IPO price, offered to all by amazing short sellers who are now in charge of 215M shares on loan -giving money away to all 🫶🙌🤑🤑🤑🤑! Thx dumb fucks !

@RealDanODowd @Tesla What kind of clown post is this? You are contradicting yourself.

This is why so many people are dying using FSD. @Tesla is telling people to use FSD in a way that Tesla admits is unsafe. @Tesla is trying to pump its stock price by actively promoting FSD as self-driving, when Tesla clearly states that FSD is unsafe without a "fully attentive driver who is ready to take immediate action at all times." At least 60 people have died in over 3,200 crashes involving Tesla's self-driving software, according to @NHTSAGov data. When its dangerous and defective self-driving software is involved in a fatal crash, Tesla always blames the driver, citing a warning buried in the owner's manual that FSD is not autonomous. Tesla even admits that FSD may "suddenly swerve even when driving conditions appear normal and straightforward". This woman admits she has difficulty driving. How can she possibly be ready to "anticipate the need to take corrective action as early as possible" as Tesla requires? Tesla's deceptive promotion of FSD is endangering the lives of its own customers and other road users.

@gregm12 In order for this advertisement to be misleading it has to indicate that the woman is incapable of driving on her own. Which it does not. Until they find a blind person to start supervising FSD you aren't winning this one.

@ILikeE17 Tesla officially posted footage of a driver making espresso with hands off the wheel and eyes off the road. x.com/Tesla/status/2… They have to pay out $243M for a crash in 2019 because the marketing around Autopilot was found to be sufficiently misleading.

This is reckless advertising. Until FSD is capable of "unsupervised" driving, it should not and cannot be advertised as a tool to allow impaired drivers to continue driving. I believe that FSD is better than an avg. human driver in most scenarios. But not all...

@gregm12 Yes but how am i supposed to know that you missed 4 years? We can only take what is said at face value. Do you really think tesla would advertise a L2 system to someone who isn't physically able to drive?

@ILikeE17 I understand your point, but waiting on people to drive you for appointments and errands doesn't fit with a continuous driving history and its simply a rhetorical appeal to experience. I would say "I've been skiing for 30 years" despite missing 4 years during college.

@gregm12 She says "I've been driving for 75 years" That is in the present tense.

@ILikeE17 When combined with her testimony of needing someone to come to her, it strongly suggests she was no longer driving at all.

@gregm12 You need to read it with context. She says she goes on daily drives however got tired so she went out less. Thus after her daily drives she needed someone else to drive her. With FSD she is able to drive more without getting tired.

@ILikeE17 Yes, past tense. The rest of the sentence says she was unable to drive herself to appointments or errands. So where was she driving daily before FSD?

@gregm12 On the post that tesla made. "When a 93-year-old woman noticed how tired she was on her daily drives, she started going out less. But with FSD Supervised, she’s now able to drive herself to appointments, run errands and even take road trips to visit her family on her own"

@ILikeE17 Where?

@BLKMDL3 bro, be more critical please

First impressions with FSD v14.3.5 are great. Nag is basically non-existent, quick parking, smooth driving all as expected. Full review to come shortly once I get some more driving in.

@gregm12 False, tesla states she does "daily drives."

@ILikeE17 As in she was previously reliant on others to drive her or otherwise assist.

@gregm12 I'm not sure what your point is. The woman in the video does not indicate that she is unable to drive a car. Your grandmother sounds great, but is irrelevant.

@ILikeE17 Lol. My 92 yo Grandma is at least as Lucid and experienced. She takes care of 2-3 horses, feeding and cleaning stalls twice a day. She meets with friends almost every day. But she hasn't been able to drive for 10 years.

@texasrunnerDFW @theficouple 7600 in interest per year. For most people it is better to pay it off.

@theficouple Absolutely not. You lose all optionality. If something breaks on your paid off house you now have to borrow at 20% interest on a credit card to repair it If you lose your job, you have zero savings to pay to keep the lights on or buy food

Let’s say you had $132,000 in the bank. But you also have a $132,000 mortgage at 5.8%. Pay off the house...absolute no brainer.

@gbrulte @robotaxi Thanks. I enjoy your youtube content. Thank you for remaining objective in your reporting.

@ILikeE17 @robotaxi Yes

All @robotaxi wait times in Miami have been under 5 minutes today!

@gregm12 She also says "I've been driving for 75 years" Looks like she is legally able to drive. Meaning, not impaired.

@ILikeE17 "I find that I am able to just do it, I don't have to wait for someone" Implies she was unable to drive on her own.

@gnoble79 Here we go again.... Aren't you tired of getting spanked by elon over and over again?

The largest IPO in history is also shaping up to be the largest exit liquidity operation in history SpaceX went public at more than 90x revenue, and the insiders who bought in at a fraction of today's price are about to start selling their shares to you. Let me walk you through why this IPO is built to separate retail investors from their money: SpaceX has NEVER turned a profit and lost close to $5 billion last year. At the offering you were paying more than 90x revenue and at the peak the market briefly valued it near 140x. 30 years ago the head of Sun Microsystems explained in detail why paying even 10x revenue almost always ends in tears, and he was right. But listen closely, because the valuation is not even the real story. The scarcity is what CREATED this valuation in the first place, and the calendar that kills the scarcity is what kills the price. Less than 5% of SpaceX shares were actually available to trade at the IPO. Then the index committees REWROTE their own rules to fast track the stock into the Nasdaq 100 just 15 trading days after listing, which forced every passive fund and index ETF in the country to buy at the exact moment the float was at its tightest. The Nasdaq inclusion alone forced an estimated $4.3 billion of buying, and the Russell reweighting added roughly $3 billion more. The supply was minuscule and the buying was mandatory. That's a manufactured squeeze, and it is why the stock went above $225 in its first week. Now watch what happens next, because this is the part they ain't explaining to you: The lockup was staggered on purpose, and the entire schedule is sitting in the prospectus for anyone who bothers to read it. In early August, right after Q2 earnings, 20% of the locked shares come free. Another 10% unlocks early if the stock trades 30% above the $135 IPO price going into the report. Then tranches of 7% hit the market at 70, 90, 105, 120 and 135 days after the IPO, which means fresh insider supply lands roughly every 2 to 3 weeks from late August through late October. Q3 earnings triggers the single biggest release of all, another 28%, roughly 1.3 billion shares. On December 8 the 180 day lockup expires entirely. And on June 12, 2027 comes the final wave, when Musk's own 6.4 billion shares, 42% of the whole company, become sellable for the first time. Add it all up and insiders could be free to sell as much as 44% of the company by early September, which would balloon the tradable float by roughly 900%. All of that supply lands on a stock the company deliberately packed with retail, because SpaceX reserved close to 30% of the offering for individual investors vs the usual 10%. This deal created over 4,400 paper millionaires inside the company. You think none of them are looking to cash out? Early holders are already loading up on puts to lock in what they have. First they keep the float tiny. Then they let the index rules force the world to buy at the top. Then they release a flood of insider stock into a crowd of retail buyers who were handed the shares up high. When the price finally breaks the offering level, the people who got in years ago at pennies on today's dollar will hit the bid, and the exit liquidity is your retirement account. And what are you actually left holding? Strip away the science fiction and the only business inside SpaceX that reliably earns money is Starlink, which produced $1.2 billion of operating income last quarter. A wonderful business worth hundreds of billions on its best day. NOT $2 trillion. Serious fair value work lands around $30 a share. Nobody has been a bigger bear on this deal than me. I called it out the moment it started trading, and it is already playing out on schedule as the shares have given back the entire squeeze and slipped below their opening print. I was Peter Lynch's auto analyst back in 1981 and I have watched every disaster since, and I am telling you this is one of the great wealth transfers of my lifetime packed into a fancy narrative. Tesla was the biggest misallocation of capital in the history of stock markets. SpaceX may have just surpassed it. SPCX goes straight onto my short list, and the beauty of this setup is that the catalyst is not a guess or something, it is literally a PUBLISHED CALENDAR. This is the most grossly overpriced stock at scale that I have ever seen.

@Tesler914 uber matches drivers and riders. different model.

Beyond stupid. So, the $TSLA is essentially becoming an Uber. 🤣 What is Uber's current market cap?