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i hate musk too. maybe his vision is going broke to own the libs?"You can tell the greatness of a man by what makes him angry." - Lincoln
"Well, you tell him that I don't talk to suckas."0 -
SPAC basically shields the ops not the investors. Like the purpose of the SPAC is shielded, so what you're investing is opaque - or I should say the purpose of the SPAC is opaque. In my cynical brain the Truth SPAC was a matter of getting money from anyone worth rounding money up from that would fork it over for Truth, with the purpose of SPAC as the vehicle. Then pay out your execs/board/etc and since something like Truth doesn't have anything worth fundamentally investing in the price is tanking. So the everyday Joe investor is in a position to get ripped off. But then again I guess that goes with most dumb investments and if you're going to invest in a Trump thirst trap then I think you're someone that should be separated from your money.
I guess what I'm saying is it's easier to get something dumb like Truth to go "public" via a SPAC and NASDAQ than when one thinks of a public/NYSE-traded company.0 -
Jearlpam0925 said:SPAC basically shields the ops not the investors. Like the purpose of the SPAC is shielded, so what you're investing is opaque - or I should say the purpose of the SPAC is opaque. In my cynical brain the Truth SPAC was a matter of getting money from anyone worth rounding money up from that would fork it over for Truth, with the purpose of SPAC as the vehicle. Then pay out your execs/board/etc and since something like Truth doesn't have anything worth fundamentally investing in the price is tanking. So the everyday Joe investor is in a position to get ripped off. But then again I guess that goes with most dumb investments and if you're going to invest in a Trump thirst trap then I think you're someone that should be separated from your money.
I guess what I'm saying is it's easier to get something dumb like Truth to go "public" via a SPAC and NASDAQ than when one thinks of a public/NYSE-traded company.0 -
True. Still cynical that it's easier to raise money without a product in hand and just a "vision" via the public than via PE/VC.0
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Musk… what a pud…
Share value of Tesla has dropped almost in half in the last month. Thinking it may be time to drop the handful of shares I own while I’m still up some.0 -
jerparker20 said:Musk… what a pud…
Share value of Tesla has dropped almost in half in the last month. Thinking it may be time to drop the handful of shares I own while I’m still up some.
Edit: Amz and google are all down too.Post edited by tempo_n_groove on0 -
tempo_n_groove said:jerparker20 said:Musk… what a pud…
Share value of Tesla has dropped almost in half in the last month. Thinking it may be time to drop the handful of shares I own while I’m still up some.
You saw the Business Insider article about his sexual harassment settlement, right? Now we know what's going on with him.0 -
mrussel1 said:tempo_n_groove said:jerparker20 said:Musk… what a pud…
Share value of Tesla has dropped almost in half in the last month. Thinking it may be time to drop the handful of shares I own while I’m still up some.
You saw the Business Insider article about his sexual harassment settlement, right? Now we know what's going on with him.0 -
Jearlpam0925 said:mrussel1 said:tempo_n_groove said:jerparker20 said:Musk… what a pud…
Share value of Tesla has dropped almost in half in the last month. Thinking it may be time to drop the handful of shares I own while I’m still up some.
You saw the Business Insider article about his sexual harassment settlement, right? Now we know what's going on with him.0 -
"They're attacking me." (no one's attacking him yet) "And that's why I am voting Republican." (news breaks that he sexually harassed someone who they then had sign an NDA for $250k, along with trying to wriggle his way out of the Twitter deal)
This man has VISION.0 -
Jearlpam0925 said:"They're attacking me." (no one's attacking him yet) "And that's why I am voting Republican." (news breaks that he sexually harassed someone who they then had sign an NDA for $250k, along with trying to wriggle his way out of the Twitter deal)
This man has VISION.0 -
jerparker20 said:Musk… what a pud…
Share value of Tesla has dropped almost in half in the last month. Thinking it may be time to drop the handful of shares I own while I’m still up some.
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nicknyr15 said:jerparker20 said:Musk… what a pud…
Share value of Tesla has dropped almost in half in the last month. Thinking it may be time to drop the handful of shares I own while I’m still up some.
there are many people like me who have been annoyed by him for several years now."You can tell the greatness of a man by what makes him angry." - Lincoln
"Well, you tell him that I don't talk to suckas."0 -
Oh, no, these things are not at all related for sure. Musk has always been a douche, and not just for "political reasons"; will be interesting to see what goes on in the intermediate with the markets as the fed pushes rates up some more.0
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nicknyr15 said:jerparker20 said:Musk… what a pud…
Share value of Tesla has dropped almost in half in the last month. Thinking it may be time to drop the handful of shares I own while I’m still up some.0 -
nicknyr15 said:jerparker20 said:Musk… what a pud…
Share value of Tesla has dropped almost in half in the last month. Thinking it may be time to drop the handful of shares I own while I’m still up some.
The point is Musk seems to have said “fuck it” as it relates to the performance of Tesla for shareholders with his recent behavior. If he keeps it up the board at Tesla is going to have to sack him as CEO.Also, doesn’t help that recent reports/reviews of Volkswagen’s upcoming EVs and General Motors EV batteries are going to be able to beat Tesla on price and performance.0 -
I'll buy everyones Tesla shares at 1/2 off if you'd like.0
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I'm pretty nervous about all of this. Not that much for my 401k, etc as I have plenty of time for a rebound. But there are a lot of people who don't. This plus gas prices plus inflation....all hitting everyone in various manners. This is a death blow to the mid-terms and the next presidential election if it doesn't get under control. And if that happens, we are going to have a very socially conservative leader and congress.....scary.hippiemom = goodness0
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cincybearcat said:I'm pretty nervous about all of this. Not that much for my 401k, etc as I have plenty of time for a rebound. But there are a lot of people who don't. This plus gas prices plus inflation....all hitting everyone in various manners. This is a death blow to the mid-terms and the next presidential election if it doesn't get under control. And if that happens, we are going to have a very socially conservative leader and congress.....scary."You can tell the greatness of a man by what makes him angry." - Lincoln
"Well, you tell him that I don't talk to suckas."0
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