Viv 🐉 Profile picture
16 Sep, 5 tweets, 1 min read
Not sure how someone who’s been in politics for so long can have such poor understanding of the economy & stock market in particular.

Ok, crash course:
- net worth ≠ liquid assets
- unless sold, that money only exists on paper & can vanish the next day, hence *unrealized* gains
- Net worth is subject to *the same* fluctuations as the stock market, as vast majority of billionaire wealth comes from ownership in companies they built
- Tesla employees (of which there are almost 50k!) get stock options. Yes, *everyone*, no matter what role or seniority.
- Everyone can invest! I’m a student w/ an avg student salary, but was recently able to afford a Tesla Model 3 through my TSLA shares & also build a healthy financial security net.
- Elon is currently being paid $0. His compensation plan is performance-based, meaning his stock options only vest if certain milestones (market cap/revenue) are achieved. He’s working 80-100h/week to ensure a better future for all & prosperity of Tesla employees & shareholders.
- Tesla’s current & future growth also creates a huge amount of jobs. The company currently has 48k employees & 4 factories, plus HQ & other offices. They’re building *two* more massive factories (Giga Berlin & Giga Texas) right now.

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Viv 🐉

Viv 🐉 Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @flcnhvy

22 Apr
Happy #EarthDay2020 🌎

We need to fix the unpriced negative externality, and do so soon. With fossil fuels getting massive subsidies, and the value of the carbon capacity of oceans & atmosphere being priced close to 0, the result is a fundamental economic error. @elonmusk
☀️ Accelerate ☀️ the ☀️ transition ☀️ to ☀️ sustainable ☀️ energy ☀️

Climate change is the biggest threat humanity has ever faced, and it *will* do an unprecedented amount of damage if we don’t act on it now.
Buy an EV. Get solar for your house (or convince your landlord to get solar for your building). Switch to an energy supplier that’s providing 100% renewable electricity. Push for carbon tax. Hold oil execs/companies accountable.

Vote, both at the ballot box & with your wallet.
Read 5 tweets
3 Apr
Since all the genuine appreciation by medical staff/hospitals for PPE & ventilator donations provided by @elonmusk @Tesla @omead_a goes mostly unnoticed amidst baseless attacks & negativity, here’s a thread collecting some tweets!

👊🏥🥼♥️
Read 20 tweets
27 Jan
University seems to be by far the least efficient way to acquire knowledge & pick up new skills
You can’t like all classes equally, but generally, there needs to be a reason for things being on the curriculum. If the only reason is “It’s always been on there!”, then something’s wrong.

Schools/universities should teach the curriculum of the future, not the past.
Encourage students to explore different approaches & find the best one (and have them explain why it’s the best one) instead of forcing them to stick to whatever’s considered the traditional approach. Tell them to read books instead of just listening to poorly prepared lectures.
Read 6 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!