@heydave7 suggested a GREAT idea which i OPPOSE.
Watch his vid as well as @stevenmarkryan's and @WR4NYGov's for pros and cons - BUT THIS IS DIFFERENT 1/
2/ i agree with a lot of the points made - and that is why I oppose it. Its strengths are its weakness!
it WILL be the world's largest company. Every engineer, scientist etc. WILL want to work there. It WILL advance the move to occupy Mars.
BUT...
3/ BUT the world's largest company will be stronger than states. It will also be (one of?) the world's largest monopoly, that would be hard to compete with.
I LOVE ELON - BUT WHAT WILL HAPPEN AFTER HIM?
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4/ There are so many examples of companies and societies formed with amazing intentions, where next generational rulers were bad to the bone.
The whole idea off a benevolent king is tempting but shortsighted. Fucked up democracy is still better
5/ So Elon is great but what after him?
Not taking a view on US politics, just using it to push this through:
If you're a Democrat, think how USA would be if Trump got power for life.
If you're a Republican, think how USA would be if Obama got power for life.
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6/ If you dislike the idea, you SHOULD be against X.com .
As a Tesla shareholder, tech lover, supporter of Goto-Mars. Cleaner earth and Elon himself - I would be THRILLED for it to happen
But as a scholar of monopolies and dictatorships i must OPPOSE it
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7/ I could get flak for this.
You could argue there are other companies in the world, itvwon't really be a monopoly, others can take on it etc.
So consider this...
Google once used "Don't be evil" as their motto
They're not evil, but would you want them to have more power?
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8/ @elonmusk PLEASE DON'T @kimbal PLEASE DON'T @larryellison PLEASE DON'T
I will get much richer if you do, but please don't!
OTA UPDATES for OEM CARS
Really?
___
OTA Updates seem like a must, but OEMs are lagging due to several reasons
A. Late to the party
B. Bad Software architecture
C. Bad electrical architecture
D. Dealers...
2/ A is simple. They hadn't tried it until Tesla rammed it down their throats, so are now late to the party
B also simple. Car companies usually hav bad software skills, outsource lots of their SW. ID.3 was bricked due to bad OS. We know that, so let's get on to the new stuff!
3/ C. Bad electrical architecture
You know. Munro presenting the Model 3 VS Bolt, where Bolt has several separate systems for what Tesla uses a unified one? That's true for most cars, ICE included.
Systems are separate and ancient, and only now OEMs are starting to modernise
2/ Regarding A. I'm long $TSLA, believe it isn't a bubble and the naysayers are shortsighted and wrong.
Only time will tell about A, but B we already know - $TSLA joined at an ATH of $695 then fell - but it's now at $763, so it ADDED value, not detracted.
BUT..
3/ But the question of whether $TSLA brings risk to the S&P is WRONG by itself. The whole idea of an INDEX FUND like S&P500 is to be passive, and it's THE ACTIVE MANAGER DECISIONS that introduce risk
Being profitable and large TSLA should have been added ON Q2 EARNINGS.
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2/ before everything full disclosure - I'M BIASED against this being a close-to-final plaid. Before battery day i predicted (see vid) that plaid will be part of an all-new model S.
Although POSSIBLE it's imPROBABLE that all new car will look like old.
3/ So if this is final plaid, chances are i'll be proven wrong come release time.
But seeing what I want means digging a deeper hole if debunked, so trying to be objective and commenting what I see.
My 2 cents - refreshed by chrome delete etc like Model 3, that's all for now