Elon's Prediction

[DennisD]

Tesla workers take home more than ford workers. Those that have been with the company since 2018 taking stock options have between 500k and $1mil in stock already. From janitors to assembly line workers. Intelligent / productive employees would make less money under the union. The same thing happened to amazon workers when they bumped pay and killed bonuses and free stock. The schemes always see the productive employees resources diverted to the lower productivity ones and that's not a healthy change. It costs top performers as they go elsewhere where their utility is rewarded. I was an IT contractor that worked on the servers at a large union's HQ. Wow did that open my eyes into the belly of the beast. The place was outfitted to handle hundreds of employees and I never saw more than 7. That's about all I can say about it.

So the obvious question is, why did you go with a Ford Product as opposed to a Tesla?

If as you suggest that the "top" employees go elsewhere i.e. Tesla.

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[Chris.Freeman]

Ev are coming down especially tesla. Our y AWD long range with custom paint and wheels cost $53k minus full tax credit. Our GTPE cost $69500 minus credit.

Since you have both a Model Y and MME, which would you buy now, having owned both? I'm having trouble deciding between a Model Y and a MME Premium AWD ER. I'd relly like to know your opinion!

 

[DevSecOps]

Since you have both a Model Y and MME, which would you buy now, having owned both? I'm having trouble deciding between a Model Y and a MME Premium AWD ER. I'd relly like to know your opinion!

I know this question isn't directed at me, and I don't own a Tesla, which would make you wonder why I'm responding at all, at least I wonder why I'm replying, but I digress...

So long as you don't exhibit some strange fantasy, obsession or distaste towards Elon and you don't mind the style of the Y, I think it's a better buy right now for sure. The technology and charging infrastructure is far, far better than the MME. The MME will not hold it's value as well either. Build quality of the MME is slightly better in my opinion.

I own both an MME and a Rivian, kinda hard to compare them completely (I tried right here), but I would definitely consider another Rivian before another MachE.

@heisnuts did an amazing review comparing Tesla to the MME. You can find that right here.

 

[Socalsp3]

Closet Elon fanboys coming out of the woodwork in this thread

 

[dbsb3233]

Closet Elon fanboys coming out of the woodwork in this thread

There's a lot of people that are in between the fanboy extreme and the hater extreme. That can simply acknowledge how impressive his and Tesla's success has been.

I love my Fords, and don't care for the look of any of the Teslas, so I wouldn't buy any of the existing models. But what they've done to position themselves to produce EVs with low cost structure and high margins is highly impressive. And highly threatening to legacy (I'm impressed with Farley for being able to openly admit that now). I used to downplay Tesla, even laugh them off a few years ago. Not anymore.

 

[DevSecOps]

Closet Elon fanboys coming out of the woodwork in this thread

Yup, fanboys to the extent that none of us replying own a Tesla . Some of us can recognize success and aren't jealous of it. Some of us can also recognize that the reason we have main stream adoption of EVs and the MachE is due to Elon and his success.

Hating on some random rich guy, to the extent of many here, is not healthy imo.

 

[Mach1E]

Yup, fanboys to the extent that none of us replying own a Tesla . Some of us can recognize success and aren't jealous of it. Some of us can also recognize that the reason we have main stream adoption of EVs and the MachE is due to Elon and his success.

Hating on some random rich guy, to the extent of many here, is not healthy imo.

So true.

You gotta admit he’s a crazy person though, right? ?

 

[DJ40andOver]

I have nothing to contribure to this thread other than to say i read all 20 (at this point) pages.

Actually, there is a lot of thoughtful and passionate expressions of how we live masquerading as bickering about labor vs capital. Change is inevitable & we must adapt or die. However, it is going to be difficult and there will be mistakes made along the way. What does not kill us, makes us better. I, for one, have faith in humaity.

As a complete aside, I love my wife's 2023 MME because it is so (as a Gen-Xer) car-like to my expectations. I hope Ford succeeds in thier transition to BEVs and eargely await their & other manufacturers new battery electric vehicle announcements. Variety is the spice of life.

 

[Socalsp3]

Yup, fanboys to the extent that none of us replying own a Tesla . Some of us can recognize success and aren't jealous of it. Some of us can also recognize that the reason we have main stream adoption of EVs and the MachE is due to Elon and his success.

Hating on some random rich guy, to the extent of many here, is not healthy imo.

I hate on Elon because because he's a douche not because he's rich. I'd still hate him if he wasn't rich. There are plenty of rich successful people I don't hate. And yes you can be successful without being a douche.

 

[DevSecOps]

I hate on Elon because because he's a douche not because he's rich. I'd still hate him if he wasn't rich. There are plenty of rich successful people I don't hate. And yes you can be successful without being a douche.

Look, you do you but it doesn't matter why you hate him, I never said it was because of his money. Personally, I am avidly against drugs and Elon uses. I wouldn't be friends with the guy and I don't agree with his choices, but it's his life and I don't have to follow him on X, listen to him or be around him.

There's a lot of people in this world I disagree with, including Donald, Hunter and Joe, but I don't let them live in my head. Coming on a forum and saying these wild things about random people who you don't even know is just strange. I recognize Elon for the things he's done and what I don't agree with I don't let bother me. I don't think it's healthy to focus on so much hate for someone. That doesn't make us fanboys, it makes us realists.

 

[Ghost Ryder]

And Elon did such a good job of predicting what would happen after buying Twitter.

https://finance.yahoo.com/news/according-elon-musk-own-math-204413573.html

Yes, his arrogance does speak for itself.

So in using your definition, Elon would have been the only one to predict he would lose 40 Billion Dollars.

No predictions are perfect. Let's not forget that he liquidated a lot of Tesla stock when it was >400/share to fund the acquisition. So in reality he really didn't lose 40 billion. The jury is still out on what will happen to X.

 

[Ghost Ryder]

Don't forget, almost everyone on the Planet thought that GM wouldn't fail but with their stupid investments (or lack of), they came crashing down.

Elon is not done yet. He (IMO) is a high risk taker that may end up bringing everyone down with him. The jury is still out and I would be careful to brag on him just yet.

His luck may continue or it may fall to Earth. No pun intended with his latest Space X accident.

What SpaceX accident? You do know that it's how SpaceX operates with testing right? They expect it to fail at some point. And learn from it.

To call it an accident implies that they did not expect that outcome.

 

[DennisD]

No predictions are perfect. Let's not forget that he liquidated a lot of Tesla stock when it was >400/share to fund the acquisition. So in reality he really didn't lose 40 billion. The jury is still out on what will happen to X.

I should have stated the value at the time was a 40 billion loss. Yes, you are correct, he may lose much more.

What SpaceX accident? You do know that it's how SpaceX operates with testing right? They expect it to fail at some point. And learn from it.

To call it an accident implies that they did not expect that outcome.

Actually, it was an accident. If it were planned, they would have not gone through with that exact specific launch.

Yes, they do expect to have failed launches but to suggest that it wasn't an accident is simply ignoring the fact that they really didn't know what the outcome would actually be but they were hoping for a perfect flight while realizing that it could go "south" and then like you suggest, learning from what mistakes were made. They did "explode" it once it went south on purpose, but they did that only to not harm humans etc.

Semantics

 

[Ghost Ryder]

There's nothing like having lots of money to be able to make more money.
https://www.ctpublic.org/education/...ility-the-biggest-predictor-of-future-success

And water is wet. Of course, wealthy people have greater resources than less wealthy people. But that doesn't mean less wealthy people can't succeed. And by working hard, you set up your kids for success because they will have advantages that you didn't. That's how it works. Or you can be lazy, complain that the rich are keeping everyone down, expect the government to provide for you, and pass that mentality to your kids. And they too, will be poor both financially and in spirit.

It's funny how all these studies never mention the immigrants from Africa and Asia who seem to excel when they get here.

 

[Ghost Ryder]

I should have stated the value at the time was a 40 billion loss. Yes, you are correct, he may lose much more.



Actually, it was an accident. If it were planned, they would have not gone through with that exact specific launch.

Yes, they do expect to have failed launches but to suggest that it wasn't an accident is simply ignoring the fact that they really didn't know what the outcome would actually be but they were hoping for a perfect flight while realizing that it could go "south" and then like you suggest, learning from what mistakes were made. They did "explode" it once it went south on purpose, but they did that only to not harm humans etc.

Semantics

He made money by selling Tesla stocks when it was over 400/share to fund Twitter's acquisition. Until he sells Twitter or it goes bankrupt, it's all paper money. So the jury is out on whether it was a good investment or not.

As far as SpceX goes, They did not expect it to make it into orbit. Even the announcer gave it <30% of making it into orbit. So, yes, they expected it to fail at some point. That's how they operate. Their mentality is that they would advance quicker through failure than waiting to perfect everything before testing. If you look at all their other launches and landing, there were multiple "failures" before they got it right. Now, they're on track for 100 successful launches this year alone. For reference, no other agency had >50/year. And that was back in the 70's.

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