39 Burst results for "Elon Musk"

Fresh update on "elon musk" discussed on Prosper with Keith Singer

Prosper with Keith Singer

00:39 min | 31 min ago

Fresh update on "elon musk" discussed on Prosper with Keith Singer

"And if you want to meet with us, we have offices and meeting locations in Miami and have insurer and for Lauderdale in Bogota in West Palm Beach and Jupiter, and I'm here with Steve Trachtenberg. How are you, Steve? I'm doing well key. Thank you. Good. You know, lately, Steve, There's been a buzz about how, uh, the wealthy or not paying their fair share of taxes. There was recently. Uh Article by PROPUBLICA. It's a news outlet that I guess they obtained confidential IRS information showing how billionaires like Jeff Bezoza, Elon Musk and Warren Buffett pay little an income tax compared to the massive wealth. Sometimes they they pay nothing. Um, it's been getting a lot of buzz. This article in 2000 and seven Jeff Bezos, then a multi billionaire and and now the world's richest man did not pay a penny in federal income taxes right. He achieved that feat again in 2011 and in 2018. Tesla founder Elon Musk, the second richest person. The world also paid no federal income taxes now. Michael Bloomberg also managed to pay no taxes in recent years in in certain years, and Carl Icahn did it twice. George Soros paid no federal income tax. Three years in a row. It seems crazy. You know, All those billionaires are not only super wealthy but undoubtedly spending millions of dollars a year to fund their lifestyle. You definitely think that billionaires should be paying multi millions of dollars of taxes each year. I guess it is as income tax and not a net worth tax. That's right. I mean, the government makes the tax code with its rules and its exceptions and smart, rational people are going to do whatever they can to play within those rules and pay his little tax as possible. Now, most Americans who are living paycheck to paycheck They don't really a mass, very much wealth, and they paid the federal government a percentage of their income, and that rises that they earn more now. In recent years, the median American household earned $70,000 annually and paid 14% in federal taxes, the highest income tax rate 37% kicks in this year for couples. On earnings above 628,000 So America's billionaires, they generally get their well from the skyrocketing value of their assets like their stock in their property. And those gains are not defined by current US tax laws is taxable income unless the billionaire cell so no. One among the 25 wealthiest avoided as much taxes buffet, the famous senti billionaire. That's perhaps surprising given his public stance as an advocate for higher taxes for the rich. According to Forbes, his riches rose 24.3 billion between 2014 in 2000 and 18. And over those years, Buffett reported paying 23.7 million in taxes. Okay, that works out to a true rate of 0.1% or less than 10 cents for every $100, he added to his wealth, so this article obviously seems focused on the fact that our current tax policy simply doesn't tax wealth increases due to unrealized appreciation of assets. That's right. I mean, if you own a stock or real estate or a business and it goes up in value, you don't know any taxes unless you sell it. It's the same rules for everyone. Consider Bezoza in 2000 and 71 of the year's, he paid zero in federal income taxes. Amazon stock more than doubled, Bezos's fortune leapt 3.8 billion, according to Forbes. His wealth estimates are widely cited. How did a person enjoying that sort of wealth explosion end up paying no income tax in that year? Bezos, who filed his taxes jointly with his then wife Mackenzie Scott reported a paltry 46 million in income largely from interest in dividend payments on outside investments. He was able to offset every penny he earned with losses from side investments in various deductions. And interest expenses on debt. And the vague catch all category of other expenses. In 2011, a year in which is well held roughly steady at 18 billion. Bezoza filed a tax return reporting he lost money is income that year was more than offset by investment losses. What's more, because according to the tax law he made so little. He even claimed and received a 4000 tax credit for his Children. By the end of 2018, the top wealthiest 25 Americans were worth 1.1 trillion. For comparison, it would take 14.3 million ordinary American wage earners. Put together to cool that same amount of wealth. Personal federal tax bill for the top 25 in 18 $2001.9 billion the bill for the wage earners. 143 billion Yeah, So clearly the wealthiest are not paying as much of their wealth relative to the lower income people. Now the idea of income tax seems pretty normal, right? It's been here all our lives. We've had income taxes. However, when our country was established, there was no income tax. In fact, Article one of the U. S Constitution explicitly prohibits direct taxes on citizens. Under most circumstances, Essentially, our country was founded by people that was very wary of the government. Controlling them are taxing them. And this meant that for decades, the United States government mainly funded itself through indirect taxes, tariffs and levies on consumer goods like tobacco and alcohol. In the late 19th and early 20th century wealth. Inequality was becoming very dramatic and the political climate was changing. The federal government began expanding and creating social programs, and it needed funding but tariffs or pinching regular Americans more than the rich. You know, it's not a progressive tax tariffs. You know, everyone sort of pays equally so the Supreme Court had rejected in 18 94 law that would have created income tax so Congress move to amend the Constitution. In the 16th amendment was ratified in 1913 and gave government power to lay and collect taxes on incomes from whatever source derived down the early years. Personal income tax worked as Congress intended, falling squarely on the richest people in 1918, only 15% of American families owed any tax at the top 1% paid 80% of the revenue raised. According to historian W. Elliott Brownlee. But the question remains what would count as income and what would in 1916, a woman named Myrtle make Homer receive the dividend for our standard oil of California sheriffs. She owed taxes. Thanks to a new law. The dividend had not common cash. However, it came in the form of an additional share for every two shares she already held. She paid the taxes and then bought A court challenge. Yes, she got a little richer, but she didn't receive any money. So she argued she didn't receive any income. And four years later, the Supreme Court agreed in Isa versus Make Homer, the high court ruled that income derived only from proceeds a person needed to sell an asset Stocker Bonder building to reap some money before it could be taxed. Since then, the concept that income comes only from proceeds. When gains are realized, has been, you know, the essential bedrock of the U. S tax system. Wages are.

Carl Icahn George Soros Steve Trachtenberg Jeff Bezoza Steve Warren Buffett Michael Bloomberg Elon Musk Amazon 2018 2011 $70,000 Miami 24.3 Billion Mackenzie Scott 1913 1918 23.7 Million 37% 14.3 Million
Everything We Learned About the Bitcoin Mining Council

The Breakdown with NLW

01:51 min | 1 d ago

Everything We Learned About the Bitcoin Mining Council

"In december elon musk. Michael sailor started tweeting back and forth a bit. Bitcoin were already in the modality of companies. Adding bitcoin to their treasury and sailor had already emerged as one of the top evangelists. Of course this got tongues wagging at the end of january. Ilan changed his profile to read bitcoin and tweeted. In retrospect it was inevitable in february tesla announced that it had purchased one point five billion dollars in bitcoin and that it would start to accept bitcoin for payment for vehicles. Bitcoin cheer and our bags. Rejoice as we're rocketed up the next leg of the bull run but it wouldn't be a good story without a dramatic arc. Now would it almost immediately. We saw the downsides of ilan's involvement to go right along with the upside of price. Those downsides included one the alignment with an unpredictable twitter user. More likely to show those than to do. Anything that bolstered bitcoin and to the scorn and condemnation of the legions out there who dislike elon that second category includes many who profess to care about the environment who basically view tesla or ilan himself as a great green washer. In retrospect it's pretty clear that tesla's involvement did more to ratchet up a focus on bitcoin's footprint than to alleviate concerns about it by the end of april a new concern tesla had sold ten percent of its. Bitcoin alon profess that it was only to demonstrate the liquidity of the asset to stakeholders. But it was still jarring by a month later things had gone really sour alon announced that tesla was pausing sales of bitcoin due to environmental concerns w. f. the collective cry rang out. Do this guy seriously. Just learn about the environmental footprint of bitcoin. of course not what's far more likely and commonly accepted. Is that behind the scenes. There were serious pressures pushing tesla any lana on the bitcoin. Question for example. Es focused etf that list tesla who because of bitcoin

Tesla Michael Sailor Bitcoin Elon Musk Ilan Treasury Bitcoin Alon Elon Twitter Alon Lana
Fresh update on "elon musk" discussed on Part Time Genius

Part Time Genius

01:03 min | 10 hrs ago

Fresh update on "elon musk" discussed on Part Time Genius

"Think the number was 228 investor's past colonel. Luckily as O Brien, a lot of people don't know him, but he's actually an incredibly rich individual. He sold the company to PayPal. A few years ago and made about 300 to $400 million from the sale. So he bought Venmo as well. He did. Yeah, exactly. And And so? So he put 54 million of dollars of his own money into this basically for the first four years to prove To prove it as ideas worked while everyone else was rejecting him, And then finally they got the devices to start working, and they have the prototypes. And and investors put another, you know, 55 million or so into the company. So it has been this huge high risk. I mean, basically, people thought It was not really possible to make a device that was that could actually get any kind of decent data through the skull just from a helmet. The thinking has been that you really need to put implants in near the neurons to get any sort of major breakthroughs. Right, And we're seeing people like Elon Musk and his companies working on on things like that. I think they just had a demonstration. You know, a few months ago with some pigs and whatnot with with these brain implant, so definitely much more non invasive way to go with these helmets. I always love new Tech always love these types of things. These ideas these goals, But just as interesting as the tech is itself, the people behind them are also pretty interesting. So tell me a little bit more about Brian Johnson because you spent a lot of time with him. And I mean, he has an interesting health regimen. I mean, you put in the article snorting stem cells, he, you know, constantly getting tested. I think he's about 43. But they you know his body through all of the stuff. He's registering more as a 30 year, old man. So tell me a little bit about him. Yeah, but I It's quite the character you know, people might be familiar with, like the quantify itself. Movement this idea yet you're always measuring your like a step. That is a rudimentary example of it. But Brian measures everything about his body. And you know, tons of doctors working on all this stuff. And he now has this health regimen. Where he you know, he eats once a day very early in the morning. He's like 2300 calories in one meal and then fast the rest of the day. He goes to bed at eight o'clock every night and wakes up before and and does his workout routine. And then his breakfast and you know, he and I are. We're about the same age were both 43. I reported on the story for about three years, and so over that time I stayed You know, I went from 40 to 43. His biological age dropped according to the doctors from 43 to about 30 that he has the exercise potential of of like a 25 year old. So it was very humbling story to report as we went, Uh, I mean he's doing I v infusions of anti aging fluids. You know, a bunch of vitamins. There's a lot that goes into it more than just, you know, eating healthy and exercising. But, yeah, just Just an interesting look into the guy himself. And as I said, the goal overall with this thing, it seems pretty good and and if we can learn more about the brain, I mean, that's going to help out in so many different ways. Yeah. I mean, there could be a huge breakthrough like you know, Like any powerful technology. They're certainly going to be big questions that come with it all. There's a couple of the companies that are Getting early access to the helmets. You know, they want to use them to find out like maybe what makes a hit song or which parts of like a movie trigger things in people's brain to make it more entertaining. So you know, you can see where we get into black mirror territory. Pretty quick stuff like that, But but the families, you know, Brian, I believe him because I spent a lot of time with them. I mean, his overall goal really is Toward mental health. I talk about it in the story. You know, he had depression very bad and had sort of suicidal thoughts at one point in his life, and that's kind of what triggered a lot of us. And, um, you know, I think he generally wants to help people. And so but, yeah, he's that. It's quite It's quite interesting figure to be meeting this. Well, They're going to start shipping out pretty soon, so I'm sure we'll start hearing more about these colonel devices. You know, in the next few months and and in short order, so we'll keep an eye out for all of that. Ashlee Vance, Writer at Bloomberg Business Week Magazine. Thank you very much for joining us. Thank you. Mhm.

Brian Johnson Ashlee Vance Paypal 2300 Calories O Brien Brian Elon Musk 55 Million 40 30 Year One Meal First Four Years Eight O'clock 228 Investor $400 Million Bloomberg Business Week Magazi About 300 Few Years Ago About Three Years Both
Motor Trend Reviews Plaid Model S, and and New Battery Details

Tesla Daily: Tesla News & Analysis

01:59 min | 1 d ago

Motor Trend Reviews Plaid Model S, and and New Battery Details

"Everybody here and stay. We're talking about the first journalist reviews of the new plan model. we've also got an update on the battery capacity. We'll talk about some details behind that we've got an update from dan is on tesla's stock an update on gigabyte lynn news on tussles referral program. And an interesting tweet from elon. Musk that has caused a lot of speculation. Also quick the stock tussle today finishing up about two percent to six hundred and sixteen dollars sixty cents. That compared to the nasdaq also. Strong day up nine tenths of a percent are. Let's start off here with the initial reviews of the model s. so we have one for motor trend. We have one from automotive journalist. Jason kameda whenever tesla has a new vehicle. I always look forward to these. It's kind of a nice time to celebrate what tesla has done with that new vehicle and unlike what we see business news wise from cnbc or reuters. This is automotive new. So the writing is different style. there's a lot of primitives. Nice compliments towards tesla and sometimes some really beautiful writing which again you tend not to see too much in business. News look at trends review here first. So of course. The question that everyone has undermined around this vehicle is can't actually do zero to sixty in under two seconds motor trends answer. Yes but with some stipulation so they actually spent kind of the i. I don't know half or third of this article talking about the requirements that they had for their sixty test run which i think unfortunately it detracts a little bit from their main takeaways. Which of course. We'll talk about as well but they been a fair amount of time talking about how Wanted them to run on a specific track with specific tests conditions. One of those conditions being that the drag strip needed to be prepared with hd which motor trend says as a quote thick black resin that allows cars to accelerate quicker than is possible on normal roads and quote framed that way it does look a little bit manipulative or suspect. But it's not like the hd is common this is a substance that most drag strips are using and using in competition so this is not so unusual thing in quarter mile races. It's just not how motor trend. Test their cars so they wanted to make sure that that part was clear so understanding that they write quote. The plaid model s zips down the quarter mile in a staggeringly quick. Nine point. two five seconds up one hundred fifty two point six miles per hour.

Tesla Jason Kameda Elon Musk DAN Cnbc Reuters
Fresh update on "elon musk" discussed on Mark Blazor

Mark Blazor

00:48 min | 11 hrs ago

Fresh update on "elon musk" discussed on Mark Blazor

"Raised remotely. During an energy shortage, and this is in the Houston area. Some of them are saying that their homes had been you know much warmer. This is during this week even while they're running their air conditioners now, a lot of them saying Somebody has been turning up the temperature on their thermostats. Since the energy shortage began, the Electric Reliability Council of Texas they asked Texans Hey, can you turn up? The temperatures on your thermostats this week, and so this guy goes on to talk about. Well, my wife had cranked it down at 2 30. This would have been in the afternoon. It takes a long time for this house to get cool and it gets that hot. So they decided to take an afternoon nap earlier in the day, and they had been asleep long enough that the house had already gotten to 78 degrees. They woke up sweating. And without anybody in their household touching it, They said The thermostat was changed while they were sleeping. And it made their home. Of course, really, really hot item. So the first thing I'm thinking is like, well, how does somebody How does somebody remotely turn up your thermostat? Because I'm thinking of my thermostat. I don't have one of those. Uh um You know the the smart thermostats if you will. And so they they go on to say that she got an alert. His wife got an alert on her phone saying, you know that they had their thermostat changed remotely raising the temperature. During a three hour quote, energy saving event. So there was a smart thermostat that was installed in the home a few years ago, and it was part of this new home security package and a lot of thermostats can they can be controlled in a program called Smart Savers, Texas And this is absolutely ludicrous that you would be a part of the well, he goes on to say Look about we un enrolled in that our thermostat as soon as we found out that I think that could actually happen. But this is absurd thinking somebody you know, in the state of Texas or somebody in that. You know the smart savers. Texas can just turn up your your service that because you're supposed to be saving energy? Yeah, like things Great California is like saying, uh, we're trying to save you need to set your thermostat on 78. You can kiss my sweaty rump. I will actually, my my thermostat during the day. Uh, is probably around 69 during the day. 69 or 70 when you're not there. No, My family's there now. Okay? And then at night, it's about 67 degrees just because I want to be able to sleep. Comfortably. Yeah, Yeah, Yeah, Um Four day work week. How's that sound? Sounds great. Let's do it. Of course we propagate. I mean some people. Some people don't want that. But I understand. Spain. Is getting ready to do this trial run of a four day work week idea. Um, they they agreed to do a pilot program with companies interested in this move. Uh, three year program to test things out has been proposed. That includes covering costs for participating companies. Um, like I can't even pronounce these people, but Spain is one of the country's workers put in more hours than the European average. Um, they also say, Well, we're not one of the most productive countries, though. Um, and they maintain that working more hours doesn't mean working better. So, four day week. Is something that they're thinking about trying out. No company will. If the company who Who do you see Google? Google maybe would do something like I mean, there's only a handful something Elon Musk is involved, and I would think somehow Might actually consider Don't know. I mean, if you can get You know, Uh, think about it if you just had Workers. Doing different shifts. Did you hear that? Yeah, I did. I did some nothingness in the newsroom. Okay. I was like, what's up? Yeah, like a squeal or something? Yes, so anyway, no, but I mean, think about it. If you had people in different shifts, you could have You know, Three different groups of workers are two different groups of workers in that way that you know, every day would have to be would be covered. But you could just set it up so that you know some people are You know for you know you get four days here. But then another group comes in there four days. So you're like days that year, the three days they're not. They're Monday through Thursday, Then Tuesday through Friday and then to rotate. So every other week you work Tuesday, the Friday you know what I mean? That's interesting. Yeah. I think it could work and You know, because people are burnt out. I mean, I promise you not a lot of work gets done. And in on Fridays, I You know if you're fortunate to have the Monday through Friday gig, right, you know, in a lot of places how productive you think people are at two o'clock on Friday, Well, yeah, you would think the average offices beginning to sag. At that point, especially if they have been busting hump all week. Exactly. You work hard all week, and then it's just naturally you're done, man. You put it in. Yeah, um, the murder hornets. I supposedly There's one there was a sighting near Seattle. Oh, no. Were they carrying the delta variant? They sting you and you get the delta vary into the covid. Probably That's what's coming next, man. No, you You actually wish you had just the delta vary it because if they sting you they could kill you. So you're hoping, Uh oh, I hope I only get the Delta Varia. Anyway, they found a dead Asian giant Hornet in Washington State of Washington near Seattle. This is the first of the sightings for the For the year for the U. S. Um, they say that you know it was a dried out male of the species, and it was found by a resident there and cinema..

Seattle Houston Elon Musk 78 Degrees Tuesday Google Thursday Friday Four Day Three Hour 70 Monday 2 30 Spain First 78 Electric Reliability Council O Fridays This Week First Thing
Blockchain: What Is It Good For?

Technology Untangled

02:00 min | 4 d ago

Blockchain: What Is It Good For?

"Thanks the perfect storm of slain. You saw big marketing budgets and elon musk's tweets blockchain has been hyped beyond belief. And it's also been made more complicated than it leads to be. More i could up angolan go. My name's ingram go. I'm senior vice. President and chief technology officer for a special intelligence at hewlett packard enterprise. So first question. What exactly is a blockchain. Let's start with a public blockchain first. Let's use an example of a analogy of a of a ring binder. You've got this notebook with many blank pages bound by a ring ring binder on page one the record number of transactions. You know. maybe. Jim pays john two bitcoins and sarah pays jim ten bitcoins and so on and so on then on the next page You have the same again. Set of transactions being written down on it and the knicks page and then expansion so on so if if you imagine each page is a block and all the pages of bound by the ring bind up being the chain. You actually have a a blockchain there right. So that's what blockchain is except for the fact that in a public blockchain this ledger or this record. Write this chain of pages. Chain of blocks is digital and is distributed to everyone publicly equally publicly with no central custodian. Why you want to use a blockchain. There are two major reasons. Why you want us a blockchain right first and foremost this when you wanna keep record of an entire sequence of transactions especially if you want to go all the way to genesis the beginning and secondly you won that record to be transparent that is you want the decentralize it by distributing copies of the same sequence records to everyone equally with no central custodian

Elon Musk Bitcoins Sarah Pays Jim Ingram Hewlett Packard Blockchain Knicks JIM John Genesis
Fresh update on "elon musk" discussed on Business Rockstars

Business Rockstars

00:50 min | 14 hrs ago

Fresh update on "elon musk" discussed on Business Rockstars

"Um, but he just he worked the hardest of anybody I've ever met, like he just would constantly be grinding and just be like getting more work done headphones on And so I learned from will, how to really take like a lot of creative energy and turn it into massive amounts of output. Um yeah, And then you know, I think it was just became part of the entrepreneurial scene. You spent a lot of time people call it networking right. But like people call it. I don't think it's really networking right? Because when you do it for authenticity, and you really just want to be around people who are also very motivated and really excited about changing the world and building new things. You're not doing it to like, uh, get something that's mutually beneficial, right? You're doing it because he was wondering be around people who are excited about changing excited about different things. I love your philosophy about networking and not even necessarily calling it networking and having a whole reframe on it. How really just looking for mutually beneficial relationships. Founder replicated Grant Miller is joining us. We're here to inspire, inform and connect a community of entrepreneurs. Mark lack on business rock stars. Who's your favorite entrepreneur? Do you have one? Elon Musk? Yeah, why? There's so many great entrepreneurs out there. But Ellen is definitely one of those amazing ones whose game changer. He's just so like when you see someone that's constantly do. New things and push the limits over and over again. I'm just like in constant are most people are trying to like with all due respect, most people trying to have like that that level billion dollar impacts on like the people you know, affect hundreds million people's lives, billions people's lives. He's doing that, too. He's doing it in a very unconventional way through mining asteroids of Peter Diamond is going to Mars. He's doing some of the coolest stuff. So yeah, I definitely put you on one of my probably my top five entrepreneurs. It's hard to meet. You've got all these crazy, successful companies right? Like he's just he's the best. So where some of the mentors you had growing up because I feel like a lot of the times and maybe I'm speaking for myself, but a lot of times when I ran across successful entrepreneurs. It could have been their parents. It could have been somebody like Tony Robbins or John Astro for myself, but a lot of times successful people have successful mentor. So did that without the case for you, you know, uh, it wasn't a few ways. I think, um, I look at the CEO of First company I worked for it was definitely a mentor. I learned a lot from Chris Downey. And then as I sort of when I moved to l A. I think the first thing I did was I just actually interesting. I spent a lot of time listening to podcasts and watching shows like this and you get the real sort of founding stories from Lot of different companies in this broad selection of people. So I'd say, you know things like mixture g or the You know this show is amazing, right? And I think you look at the Ontario thought leaders from Stanford is a great podcast. And there's just so many different shows that have this broad selection of entrepreneurs and you go there and you can download all the content you want and hear how companies were started, and then kind of reverse engineer what made them successful, right? And so I think, like my first mentors were really Podcasts. Um, and since then, I You know, I've continued. You know that pursuit, but I've had my first investors have always been amazing. I think there's this guy Tom McInerney, who is an L. A based angel investor, and he wrote the first check for our first company. And there's something special about the first person to like, Write you an angel investment. Sure whether it's six or seven or eight figures, it's gotta be nice. Yeah, there's like 25 grand, right? It was like it. But that made such a difference because it allowed us to like, okay, we can hire we can like you know, people believe in him so they'll believe in the company. And then he has been an amazing mentor ever since. So on that note, what has been some of the best advice that a mentor is giving you whether it has to do with your personal life or how it's served you as an entrepreneur. You know, I think I'll go back to Tom, which, uh, Tom just made me realized very early on started my first company that the role of the CEO is to just make decisions quickly. Right. So one of the things that I think medical falter. Four is because sort of, you know, analysis. Paralysis is the sort of term but you just spend so much time trying to figure out what the right decision is, when really the right decision is action, right? Like people, companies fail because their default dead and you have to sort of constantly show signs of life. So just like, just make decision might not be right. But like, make like, you know, often wrong. Never in doubt. These kind of concepts is just keep pushing forward. Don't ever wonder if it was the right choice to make choices. So what do you think, makes you relatable to the aspiring entrepreneurs out there or those beginning entrepreneurs Because you've been doing this for a while, but still makes you relatable to them. You know, I was saying, I think, uh, I'm from the Midwest. Right? So I groups inside Ohio and I went to the State School of Public School in Cincinnati, Ohio, the University of Cincinnati and I graduated from there, I think, oftentimes as a founder, I feel like, you know, all the VCs and like all of the really successful CEOs are running. These big companies have this like Ivy League pedigree that is or the dropouts right? Or their jobs, One or the other. You know, I'm I'm like a public, you know, public school. Kids, So I think that's um you don't have to be. You know, this ideally, guide orders or or gal to start a company you can have gone to..

Tom Mcinerney Chris Downey Elon Musk Tony Robbins John Astro Grant Miller TOM Ellen Mars Ohio Peter Diamond SIX State School Of Public School Seven 25 Grand Four Billion Dollar University Of Cincinnati First Person Cincinnati, Ohio
Richest Americans Like Bezos, Musk Avoided Income Tax

AP News Radio

01:00 min | Last week

Richest Americans Like Bezos, Musk Avoided Income Tax

"A report finds that America's billionaires are good at dodging the tax collector an anonymous source delivered reams of Internal Revenue Service data to ProPublica a nonprofit investigative journalism organization the report found the richest twenty five Americans pay less in taxes than many ordinary workers do an average of fifteen point eight percent of adjusted gross income tactics include the use of charitable donations and benefiting mainly from investment income tax around twenty percent instead of thirty seven percent for wage income among other findings Amazon founder Jeff Basil's paid no income tax in two thousand seven and two thousand eleven and Tesla founder Elon musk paid zero income taxes in twenty eighteen financier George Soros paid no taxes for twenty sixteen to twenty eighteen which is spokesman attributed to the billionaire losing money on his investments IRS commissioner Charles Rettig testifying today before senators on the finance committee said that when it comes to enforcement of tax collection the agency is out gunned as far as the pro publica data he said they are investigating the leak I'm Jennifer king

Propublica Jeff Basil IRS America Elon Musk Charles Rettig Tesla George Soros Amazon Finance Committee Jennifer King
Jeff Bezos Plans to Be on Board First Blue Origin Human Space Flight

The Dan Proft Show

00:37 sec | Last week

Jeff Bezos Plans to Be on Board First Blue Origin Human Space Flight

"Richest man wants to pioneer space tourism but has lost out to his rival Elon Musk's Space X when it comes to contracts from NASA. That's the BBC's Rory Caitlin Jones. Google is being fined €220 million by Francis antitrust watchdog for abusing its dominant position and online advertising search engine giant is also promising to overhaul the way it's platform is used for buying and selling digital ads. In France. This is town hold ICOM. Nearly 3000 employees of although truck factory in Virginia are back on strike, and it doesn't look like they'll be back on the job any time soon, the United Auto

Rory Caitlin Jones Elon Musk Nasa BBC Francis Google France Virginia United Auto
Jeff Bezos Will Fly to the Edge of Space With His Brother Next Month

BBC Newshour

00:43 sec | Last week

Jeff Bezos Will Fly to the Edge of Space With His Brother Next Month

"Jeff Bezos, the founder of the online retailer. Amazon, says he will journey into space on his rocket companies first sub orbital sightseeing trip together with the winner of an auction for a third seat. Marie Catherine Jones. Reports, Jeff Bezos announced on Instagram that he had dreamed of traveling to space since he was five. And on July the 20 if you'll make that journey, along with his brother, also on board for the brief sub orbital flight will be the winner of an auction for a seat on Blue Origins. New SHEPARD SPACECRAFT. The current high speed stands at nearly $3 million. The world's richest man wants to pioneer space tourism but has lost out to his rival Elon Musk's space X when it comes to contracts from

Jeff Bezos Marie Catherine Jones Amazon Elon Musk
Elon Musk Is a Stonckfluencer

Reset

02:25 min | Last week

Elon Musk Is a Stonckfluencer

"Go back to that for twenty tweet from twenty eighteen. Tell me a little bit more about the trouble. Daddy lennon too. So the brought must to court Basically because they're saying this is true you didn't have funding secured you misled. Investors sent the stock price up. You know it was nowhere near four twenty at the time. So they ended up settling out of court. He'd have to admit any wrongdoing. But he lost his chairmanship tesla. And musk find a total of twenty million dollars each and he was supposed to run any like market-moving tweets by the company's lawyers kind of the settlement was to sort of get a hold of of this wild twitter. And we've been seeing the tweets alana's sort of famous for being wild on twitter but recently we learned that you didn't really follow the judge's orders. In the case of running his tweets by lawyer right right even after paying forty million dollars was against chairmanship turns out based on this correspondence that the wall street journal through a request that he not running tweets by his lawyers. And the sec's upset that he's not actually following the agreement in the settlement so one of the tweets was about solar reproduction and the other one was him saying that the the stock was too high which actually sent the stock down about ten percent to be clear you on. Musk is still the. Ceo of tesla. Right he is still the. Ceo tesla in a ceo saying that your company's stock prices too high. Seems like a bad idea. Yeah i mean. He just has such an effect on the stock price. And it's like so obvious. Every time he sends a tweet you can chart out. You know how much he sends the tesla's stock upper down. Has anything happened to. Egon tweets by the sec added. The short answer is no There's a lot of back and forth between the sec. And his lawyers lawyers are saying he doesn't really need to run those tweets by them because their opinion Sec tried to hold him in contempt of court for an earlier tweet but the judge was like you guys deal with this and they did by saying okay. Employers have to go re tweets but only when they have to do with production refinances. But that doesn't seem to have stopped him here. I mean sec's only recourse. Would be to try to go back to a federal judge. See if the hold him in contempt or relitigate this whole thing you know get rid of the settlement and try to try to get him in trouble for that original for twenty tweet.

Daddy Lennon Tesla SEC Twitter Ceo Tesla Musk Alana The Wall Street Journal Egon
How to Win at Work and Succeed at Life with Michael Hyatt

Entrepreneur on FIRE

02:24 min | 2 weeks ago

How to Win at Work and Succeed at Life with Michael Hyatt

"Today. We have a lot of celebrity entrepreneurs advocating what we call them the book the hustle fallacy. Where you just work hard. Keep your nose to the grindstone crank. You'll put in the hours crank out the work. can eventually. you'll be able to slow down. Give attention to your health. You most important relationships and and be able to have some semblance of balance. There are some people that choose sort of the opposite approach and we call this the ambition break where they just pump the brakes on their career. And they say look. It's it's not worth blowing out my personal health or my most important relationships so i will settle for less than what i know. I'm capable of in my career. We think and by the way. I wrote this book with my oldest daughter. Megan who is the ceo. Michael hanalani albany now but the we believe that's a false choice that that it's not either or as you said but it's both and and that's the double win double win fire nation and. I hope you're listening to michael right. Now you're asking yourself these important questions. Are you right now. Claiming a false summits about that. Are you putting yourself in a situation where you're facing an impossible choice. These are hard questions but imported ones. You wanna answer now not five years ten years from now and your book's subtitle michael is five principles to free yourself from the cult of overwork. Why did you choose to subtitle. We really came to the conclusion as we listen to. A lot of people like elon. Musk for example which has done amazing things in the world. But when he advocates that people should be working eighty to a hundred hours a week and he's done that at numerous entrepreneurial conferences because he said if you can put in that kind of time you can do three to four months what your competitors will take a year to do and that will give you a competitive advantage. But what he doesn't share is he's now on his third marriage his five sons by omission. Don't speak to him. You know it's come it at considerable cost and i know you know. His driving. Passion in life is to go to mars but he might be there alone when it's all said and done and and this is kind of a cult and it has all the same kind of addictive properties that you know. Alcoholism would have or any other substance abuse or even unhealthy religion. And that's why we named it

Michael Hanalani Michael Megan Albany Elon
China Order Report Drops TSLA Stock

Tesla Daily: Tesla News & Analysis

01:53 min | 2 weeks ago

China Order Report Drops TSLA Stock

"Everybody rob our here and today we of course going to be discussing the information's report on net new orders for tesla in china during the month of may this report was published a couple of hours before market closed. The stock dropped dramatically. And of course it was quickly picked up by other means. That's as well so we'll discuss my thoughts on that. Then we also have a couple stories on recall. Some news from cat l. expanding in china an update on gigabyte lynn an update on the plaid model s. As we await the delivery event. One week from that are so tussle stock today starting out the day just fine trading a little bit below yesterday's close but not too far in early morning trading and then in the afternoon we saw a report from the information this was a couple of hours before market closed on as this report came out tussle dropped sharply about three percent in less than ten minutes and then continued to decline into close finishing the day down five point three percent to five hundred and seventy dollars four cents that compared to the nasdaq down one percent on the debt so that report is where we will start. The headline for this piece is quote. Tesla's china orders have in may internal data shows as crisis deepens and quote. They go on to write that quote. The company's monthly net orders in china dropped to about ninety eight hundred in may for more than eighteen thousand april according to a person with knowledge of the data the sharp drop reflected a drastic shift in chinese consumers appetite for tesla whose founder elon. Musk has celebrity status. Their orders in january after the release of the motto sub and then slowly eased off before cratering last month. In march tesla had twenty one thousand that orders even on a week over week basis order so far haven't shown any signs of recovery. This person set and quote. The rest of the article is then pay walled. But i did read the full article. There's nothing new in the rest of it. It's really just kind of detailing. The situation that has been unfolding in china. All stuff that we've talked about with the shanghai auto show protest the government wanting to meet with tesla. I think back in march just to talk about safety all things that we have followed as they have unfolded so nothing new in the rest of it.

Tesla China ROB Elon Musk Shanghai
Brain Chip Will Hopefully End Elon Musk’s Outlandish Musings

The Gargle

01:51 min | 2 weeks ago

Brain Chip Will Hopefully End Elon Musk’s Outlandish Musings

"Musk has announced that he's neuralink. Brain chip will end language in five to ten years which is just such great news because then and five to ten years. We won't have to hear elon. Musk saying things like this. Must spin on the rafer again because it did he say this on on joe rogan. I think that mentioned that in the article right. And i just find it so weird like the certainty that these men have of their hypothesis of the future. Like you know. I used to make up a language me and my sister bible study to covertly communicate rebellious desires. And like just. Because i don't have the money to throw behind that know. I'll never know if it has any legs behind swindon kingdom who just has to stop there but he gets to try all this stuff out. Did you have a secret language as a kid. You know where you would hide the words. Yeah back slang but it was just like a verger so like a guy of a gum. Spaghetti kevin gang of attacks gang and it was great. Because if you didn't tell anyone how it worked she just split the words and stick it in the middle. And i think is pretty easy to walk out but look we needed a way to communicate with each other is either that or handwritten notes of who we fancied so. Yeah i appreciate any made up language. The great thing about elon. Musk is that he will consistently say these kind of things and then continued to say them despite the fact that he said things like this before that haven't come true like he promised that at this point we would be going around and driverless cars for example or that we would be on mars or that a again. I really wanted to get inside the head of the dude bro. Phenomenon where you're like. Imagine feeling that the answers to life being funneled to you directly because you're a wealthy entrepreneur. You do martial arts

Musk Elon Joe Rogan Spaghetti Kevin Swindon
Elon Musk's Starlink Could Get a Boost From German Subsidies

WSJ Tech News Briefing

02:53 min | 2 weeks ago

Elon Musk's Starlink Could Get a Boost From German Subsidies

"Satellite internet and other kinds of high speed. Internet service can be pricey before you can start using it. there's an upfront costs for. All the special hardware requires now. Germany is working on a program that could pay out a total of one hundred and twenty million dollars to cover those costs for its citizens. Initiative would be a boon for high speed internet providers. Like starlink the satellite internet venture from elon. Musk for more on this. I'm joined now by our germany correspondent boy pinch husky. Hey brian thanks for being here a and thanks for having me okay. So first things first. I wonder if you could start by explaining this problem of internet access in germany for us. Really why are they considering these subsidies in the first place. Yeah you see. It's a very unusual thing. That's going on around here. Because germany is europe's biggest economy and it's a technologically very developed nation a very industrialized nation famous for his various industries. Not least the car industry but however They've been struggling for whatever reason to provide fast internet to the whole of the population. I mean part of the reason is because investment hasn't been done into the actual sort hard infrastructure of of the ground networks required to bring cables to households and because germany kind of missed out on that. Now they're trying to serve leap over that. Phase of of internet access and just provide wireless internet beat from satellites or later from five g or from the wireless technologies and in order to achieve that in order to connect more people to decent internet source. They they are now considering or we'll be going ahead with subsidies for satellite internet and can you sort of connect the dots for us there. Why satellite internet essentially what. They're looking at is. They wanted to subsidize the purchase of the hardware required for households to receive satellite internet. Now the way it works is that satellite internet providers. Chaz starling elon. Musk starling that's one of the sort of bigger players in the market companies. What they do is they. Beam internet from their satellites directly into households in order to receive that you have to have a small satellite dish. You have to have a sort of a power unit and you have to have a kind of a router adapter and all that costs around five hundred euros in germany and the government is basically minded to cover the cost for one of hardware purchase in order to enable everyone who's eligible to get on the internet via satellite

Germany Pinch Husky Elon Brian Chaz Starling Elon Musk Starling Europe Government
Is the Bitcoin Supercycle Theory Dead?

The Breakdown with NLW

01:58 min | 2 weeks ago

Is the Bitcoin Supercycle Theory Dead?

"Today. You're looking at the super cycle theory and weather. Recent price action means that. We need to just banish it to the dust heap of history. There is nothing that people love more than telling you when things go badly that that is real life that all the excitement dreaming and optimism is fake and that the disappointment is real by those metrics. That last couple of weeks have been the realist of this cycle. Bitcoin has limited listlessly along for months. Since it's early to mid april highs and it felt even before the parade of over the last couple of weeks that some momentum had been lost maybe it was not enough new institutions buying or at least not buying fast enough for publicly enough. Maybe it was more of the trader and wail attention shifting to a theory defy dog coins. Whatever the case the scene was set for some executives force to push the mood and consequently the price even lower and along that came perfectly in the form of the fickle friend that loki. Trickster himself elon. Musk after helping. Drive the price from the high thirty thousand to sixty thousand thanks to tesla's big bitcoin by eu on effectively took it all back when he announced tesla was reversing course on bitcoin payments for vehicles due to environmental concerns that was followed up with china fudd insignificant seeming at first when it was just reuters sensationalizing policy that had been enacted for years earlier but it became much more significant when it was the vice premier of china talking about bitcoin mining bands from the highest echelons more significant still was when it was minors rapidly disgorging themselves of bitcoin and even in some cases mining machines in order to have capital to swiftly pick up and move operations should things manifest that minor selling drove. Another wave of price declines over the weekend. Although this time it was driven by spot selling not just liquidations and mandy last week can feel really really bleak. I was watching on twitter. And i saw desperation capitulation. Just real glumness. None of that fun. Bravado that crypto twitter does so well. In fact i saw a few people comment that it felt like a full bear cycle hyper compressed in a couple of days and that's not inaccurate

Bitcoin Tesla Elon Musk China EU Reuters Twitter
Why Central Banks Will Add Bitcoin to Their Balance Sheets

The Breakdown with NLW

01:59 min | 3 weeks ago

Why Central Banks Will Add Bitcoin to Their Balance Sheets

"Cathy. It's wonderful to be here with you again. I'm very happy to be here. Nathaniel is fit in lots of action over the last three months. So let's talk. I mean is wild since we talked so much has changed in such a short amount of time. Let's just start. I guess with the question that i think everyone is trying to sort through right now. Which is are we still in a bull market. Have we shifted into a bear market. Is there some weird dead cat. Bounce thing going on where. Where are we in this market cycle and is the cycle that we normally think about it. Even the right stick to us anymore. So we're talking about crypto here. Right crypto specifically. Yeah but i mean turns out it might. It might involve not crypto as well and the answer that question but actually Well we've just we just saw a fifty percent drop so this idea of a super cycle that that would never happen again. Well that's that's out the window. And i do think it was precipitated. By the es g movement to end this notion a which was exacerbated by elon. Musk that there are some real environmental problems here. with bitcoin with the mining bitcoin and And so i think that a lot of institutional buying went on pause. Shall i say and i think there were a lot of expectations that there would be follow through by institutions. We wrote a paper last september october. Saying that we did believe this. New asset class was finally getting the respect that it needs from institutions There have been some leaders out there. Certainly a fidelity and mass mutual and then on the balance sheet you've seen square and tesla micra strategy. Of course of course. And all of these rethought were teeing up the institutional world for some real participation in this space

Nathaniel Cathy Elon Musk Tesla
Bitcoin Mining Council to Report Renewable Energy Usage

Daily Tech News Show

00:24 sec | 3 weeks ago

Bitcoin Mining Council to Report Renewable Energy Usage

"Group of bitcoin miners mostly north. America have formed a bitcoin mining council to promote energy usage transparency elon. Musk said the group will publish current and planned renewable usage more data on how bitcoin mining is powered would help research into its effects. Though seventy five percent of mining is thought to come from china and chinese miners appear to be involved in the curb.

Musk America China
Ford F-150 Lightning Gets Elon Musk's Attention

Lew Later

02:15 min | Last month

Ford F-150 Lightning Gets Elon Musk's Attention

"Sauce watching this thing late last night. It was a wild little introduction. Ford put on over there. I guess just outside detroit they had this huge projection and he didn't nighttime watching nine thirty my time and of course it was all about the electrification of ford. An all these dinosaurs coming online so to speak as far as electric vehicles are concerned because this is a big one here. I think this particular situation is bigger than they did with the machi. 'cause you know how it is with the f. one fifty. It's just a huge is a monster in the automotive gang and tesla you were talking before we started rolling feels kind of like a missed opportunity to get their truck out in the world and i know they had all they were. There was preoccupation. It's hard to make cars. And and they had their moment with the cyber trip day. Just didn't i gave them. I know a few hundred dollars once upon a time I didn't hear anything. Some people are starting to hear something. Actually talk a bit more about it in a moment cyber strikes a whole different thing though you and i were talking. How is every single trades. Person gonna wanna roll up to the job site in the cyber truck. Maybe not maybe there's a comfort level to traditional form factor but the point being is more round or my perception on the state of things as it is right now is more around ten avail- availability ability to deliver. Because we had a story from the other day about that. One enemy fighter dare you. She was saying. Where's my model x. Ordered it way back when people when it comes to tesla or any brand that they really love. Brands would a ton of fandom and hype also that innovate burr. Brands have charismatic individuals at the helm.

Ford Tesla Detroit Brands
Tesla Drivers Test Bounds of Assisted-Driving Features

WSJ Tech News Briefing

02:05 min | Last month

Tesla Drivers Test Bounds of Assisted-Driving Features

"For years tesla's. Ceo elon. Musk has championed his vehicle's driver assistance system and he's forecasted that self driving cars are the future but some tesla drivers can't seem to wait and they've been finding ways of pushing the balance of what they're assisted driving beecher's can do and that's raising some questions about safety for more on this. I'm joined by tesla. Reporter rebecca elliot. Hey rebecca thanks for joining me. Thanks so much for having me. Okay so tell us about the functionality of tesla's assistant driver features what are they designed to do and had a tesla vehicles enforce that being used properly tesla offers and advanced driver assistance. System known as autopilot. That's designed to make operating a vehicle safer. The suite of features can help with tasks such as steering maintaining appropriate distance from other vehicles on the road. The company tells drivers to remain engaged while using the system And vehicles assess driver attention based on whether they're applying force to the steering wheel and yet sometimes have been quote unquote hacking vehicles. What have we been seeing for a long time now. Some drivers have been uploading videos of themselves to social media essentially testing the boundaries of their vehicles. In some cases the videos appear to show a vehicle operating with known in the driver's seat in others people find ways to make the vehicle. Believe that someone is holding the steering wheel such as by attaching a wait to the wheel for example and these videos are in that sort of flamboyant style of social media. You don't take time sorts of videos right. Yeah so in. One video shared on tiktok. Last year we appeared to see a tesla going more than sixty miles an hour on a highway with no one in the driver's seat while the passengers were singing along justin bieber and that's just one example of some of the types of videos that we've seen that are kind of in this

Tesla Ceo Elon Rebecca Elliot Musk Beecher Rebecca Justin Bieber
What You Need To Know About Crypto Volatility

BTV Simulcast

02:04 min | Last month

What You Need To Know About Crypto Volatility

"Spoke earlier with Bloomberg about crypto volatility. Take a listen Think Big Clinton will be somewhere between 40 and 55,000 for the next chapter before it kind of builds up enough new momentum to take out 55,000. And in the year much higher. How concerned are you about the short term volatility being introduced by Elon Musk. Listen, he learned must is a important figure in American business on certainly in the global retail crypt, the world he's a bit of a Nikon hey, was great. For a trip down when he was positive for for Bitcoin. He's caused some some issues. I think if you take the line face value, though, when he said Woz He worried that as big Quinn used more and more electricity, which it will it could have a negative impact on C two emissions. That's true for every industry. And so I think you're going to see a response from this industry like you should see a response from every industry to say hey, in this gap of time before Electricity of Green energy technique is 78 years away. We should do something to offset our footprints, and that's banking. It's in crypto. It's in tact. It's a industrial businesses isn't problematic. That, like one of the hottest currencies is a joke does and that Elon Musk, who is this, like? Sort of like face of it all, is essentially Whipping people into that one and sort of multiplying the jokes and you have all their influential people talk about even other jokes and that this sort of like does it make it harder to put on? You know, basically make the case that this is serious industry with a straight face. Listen, yes, is the answer. I don't want to discredit. The does community or any of these communities, right? What you're seeing here is a response against the monetary policy of the U. S. And the world and the frustration people have had With the system and this young generation and said, Hey, we can band together and create our own way of investing. Some of it is frivolous that I think

Elon Musk Bloomberg WOZ Clinton Quinn
The FCCs Big Bet on Elon Musk

Reset

02:30 min | Last month

The FCCs Big Bet on Elon Musk

"Tucked away in the snowy woods of the colorado rockies is a cabin called wolf lodge. The cabin is about eleven thousand feet above sea level. It overlooks the surrounding mountains. And yeah it's pretty off grid. Cell service is thirty miles away. The closest landline five miles away. No power lines. No water lines sure hiccup here and there are no roads boston. The cabin does have high speed internet. The internet comes from starling. A satellite service developed by spacex. The company founded by elon. Musk and the. Fcc has made a one billion dollar bet on starlink. Sterling has the potential to change our skies and how we connect online but there are a number of challenges to overcome. If it's going to succeed here to explain starlink recruits sarah morrison. Hey sarah eight thirty. So we've had satellite internet for awhile for for decades right. What makes starling different than what we had before. So startling promises that it's going to provide faster and better satellite internet for the things that the pandemic really showed us. We need streaming video virtual meetings for like school doctors. Basically anything where you don't want to be a lag. Traditional satellite which is geo satellite is a couple satellites really high earth orbit and they're in a geosynchronous orbit basically move at the same speed that the earth rotates so they're sort of always in a fixed position. There's a couple of them they can cover a lot of the surface of the earth but because they're so high up there is that lad they have a reputation of being slow and expensive So what sterling does is what's known as the elliott internet basically which is they put like thousands of satellites in lower earth orbit And then they have inter connected constellation which means the other much closer to the earth. There's less lag. And i mean starling ca saying it can be cheaper to the consumer than you know. It's of geo satellite rivals At least for now and in the hope is that the communities that just can't get trishul broadband there to wrote to realistically connect them to anytime soon. If ever they'll still have access to internet that you know is just as good and be able to do the things that they need

Sarah Morrison Colorado Rockies Spacex Elon FCC Sterling Boston Sarah Starling
"elon musk" Discussed on The Dan Le Batard Show with Stugotz

The Dan Le Batard Show with Stugotz

05:09 min | Last month

"elon musk" Discussed on The Dan Le Batard Show with Stugotz

"To voice their opinions. Everyone free to have discerning opinions about it. Joe rogan and dave. Chapelle talking about it over here. We're talking about it over there. People argue about it and all of a sudden all. You're getting out of that is hey look elon musk. Somebody who has a personality doesn't seem to have a whole whole lot there certainly as an entertainer. There doesn't seem to be a lot there. They built something out of nothing around. Elon musk not just a conversation but a conversation skits comedy and they made their show feel relevant like it hasn't felt relevant in many years because of all the changes in television than make live television. Something that people aren't consuming unless it's sport. Did they make him funny. Did they make him likable. Did they work enough around him to do those things. Now i mean he i think he made himself likeable in that he took a stab at it. There wasn't really a lot of making fun of elon. Musk he made fun of himself and it was humanizing the revolut the revelation that he has asperger's. I think people could connect with that. But yeah he's he's not exactly a people person nor would you expect someone like that to be one right but guys we understand this right. It's a it's a legendary comedy show. Someone is supposed to get out there and deliver an opening monologue. That's supposed to make you laugh really really hard. Those days have passed. Obviously and so people are still hanging onto that. That's what they want that show to be comedians fans. That's what they want that. It can no longer be that. I don't think so konya hosted it like it's entertainers painting manning. Its athletes. charles barkley. His has done it. Several times told partly set a bunch of problematic things and we just sort of like walking past that and shrugging our shoulders on charles barkley because he's allowed a certain freedom that no one else in american entertainment seems to be allowed. I am legitimately confused stugatz as to what the right thing is here but i do ask you guy ratings. That's the right thing. I guess we have people who are on that show. That's what the right thing is then. I'm okay. I don't know what the right thing is. To god's i'm telling you. I'm glad you know what the right thing is. I'm not sure what the right thing. As as all of the rules change as we try to be more decent to people as there's a fight in america over facts and against got this is not a small thing that have a lot of poverty all over the world and guys like this person walk into that setting with more riches than you can possibly imagine and have problematic issues in their workforce. Have you know in the case of other rich people. You've got all sorts of climate issues but to me when this person is chosen to do this thing all the more people become aware of. Oh wait a minute. Behind every great fortune there is a great crime. They become aware that how many people didn't even know before this that saturday night live. Introduce them to the idea of haiti lon. Musk didn't just get rich with altruism. He didn't get rich with purity. There are stuff they're on the path. How many people are introduced to facts about elon. Musk because of the conversation. I'm glad you know it's an important conversation. I'm glad we're having this changed in previous years. A billionaire tech ceo doesn't really become a superstar in snl kinda makes them for a nation. Now i believe this was the first snl that had a live link that was fully endorsed by nbc. That you could view it live across the world because it works the other way they got the rub off of elon. Musk or the whole concept of celebrity and what people need in terms of getting their message out yulon. Musk is never going to have a bigger audience than when he does when he sends out a tweet as l. Certainly needs even on us more than he needs it it changed. What is television's responsibility on this. What not just. I'm not talking about elon. Musk what is a saturday night. Comedy show on television. What is its responsibility. Because i told you about yourselves this question a lot when it comes to certain guests remember we booked r kelly and then we didn't book r kelly. I think he'd show has as questions. And that is certainly not a perfect analogy by any stretch of the imagination elon. Musk is not r kelly but they need to have these discussions smells a left leaning show there were people. They had to listen to their workforce but lorne michaels is the establishment bearing ultimately. You made the call. I think the numbers will bear that out for that show. Got here for our friends over at sunday. My lawn was an absolute mess. Brown spots not maintain very well. Until i met the folks from sunday. I'm doing my own law. This absolutely amazing. I don't think my wife has ever been more impressed with me than she is. What i'm actually out there doing the law and it's funny See your thrive this spring with your own custom. Long care. plan from sunday is more than just a long care product. It's a custom lawn care plan with a variety of ways to help you grow a beautiful long control. Weeds end remove past. Sunday explains exactly what you get..

Joe rogan charles barkley lorne michaels dave Sunday nbc america Musk konya saturday night sunday elon musk Chapelle first snl american Elon musk kelly this spring one yulon
"elon musk" Discussed on Recode Decode

Recode Decode

05:16 min | 1 year ago

"elon musk" Discussed on Recode Decode

"With Elon Musk from November of two thousand eighteen. Kate is Halloween night and I have gotten my treat, which is asking for a while I'm here with Elon Musk at the headquarters of Tesla. Has that right? The right pronounces it Tesla Tesla. Whatever? Caution was great. Thank you address this lesbian from. San Francisco. That's what I look like I'm here delicious coffee. We're going to have a long discussion about all kinds of things. been very nice to do this in the evening here and we've been chatting about all kinds of things, but we're GONNA. Get into it really quickly and talk about Tesla and SPACEX. We're GONNA. Talk about this year. We're going to talk about the boring company and anything else. allowed to talk about because people like to hear you talk, so let's start from the beginning about this year, okay? You've getting some very interesting interviews. You've gotten on twitter. Made some mistakes. What's okay? Let's talk about star with twitter. What would I have an obsession with twitter to in an addiction? How do you look at that with you? What is going on? What's going on? I mean aside from from what happens with you in twitter. Well, I. I tweet interesting things pretty much as they come to me and. You know probably not much of a filter I find it entertaining. Like all other people might find the center -taining. Sometimes, they do right and sometimes. Yeah, it's pretty random. Just at night. What are you at home? You're doing this, yeah? Mostly. Mostly at home, it's mostly I. Think I spent a lot less time on twitter than probably think maybe. Fifteen, ten fifteen minutes or something? Yeah, well, people pay attention when you do that. Yeah It's pretty interesting. What my like most people I'm most interested in I mean elected like some little tweet about of. That was it but it was like low case I black heart enemy. like everyone loved that one of those my most popular tweets all right. What about the things they didn't love. Are you under strict orders not to do that? Is that correct we will be? Will you have to change your twitter behavior? Not really not really under the recent settlement. You aren't you don't have to be careful about what you tweet if it's anime. That's one thing. But, it's just business you can't. Now I think it's mostly just if there's something that might cause a substantial movement in the stock during trading hours. That's about it. That's about it, so you can't do that without somebody getting mad. Yeah, okay well. That's a lot of people. WHO WOULD YOU CONSIDER IT? I'M GONNA get off in a second, but do you consider it a communications medium? How do you look at it? I mean a lot of us it that way I use it that way. Awfully. Donald trump uses it that way. How do you look at I? Look at it as a way to learn things. Stay sort of like kind of stay in touch with. What's happening? It's like it feels like dipping into the flow of consciousness of society That's what it feels like and then. It's like we can wear like a guest sized sometimes. Use Twitter to express. Myself and and that's a weird thing to do I suppose not too much. I mean it is and I. Think some of The Times is very funny other times. It's not so funny, is there? Okay all right all right, but when you do it in I'm not going to get the SEC because I I understand. You can't talk about that very much nothing to do with that although you did tweak them in one of your tweets, but at some point that will stop. You you made some remark lenders so many tweets that you do that so obnoxious it's it's hard to know there's an obnoxious tweeted. It was yes, it was oh. Don't do that. I forgot what you. WanNa. Look at your tackling on Halloween. But the ones that I think I do want to ask about is the press you pick up. You pick fights with the press over twitter, and then you have all your fans of which there are many. Are you aware of what they do once you start them off. Well, I think I mean say my my regard for the press has has dropped quite dramatically. Explain that place. there. The the amount of untruthful stuff that has written is unbelievable. Wall Street Journal Front page article about like the FBI is closing in. That is utterly false. That's absurd to print less. Such a falsehood on the front page of a major newspaper is outrageous. Why are they even journalists? Why do you understand you hit tension the mural people. But you understand the mood in this country around the press, and the dangers of attacking especially when the president is doing that in quite an aggressive enemy of the state and everything else it. It's disturbing when someone like us, a leader does that to our goes along with it, sure the press to be honest and truthful, okay and research their articles. And correct things properly when there are false all right which they don't do okay, but I'm asking if you understand where of course I do, and what do you think of that? Are you worried about unleashing dangerous cycle? That is a lot of the presser worried about I suggest. To heart and do better. What about with Donald? Trump does about enemy of the people. You look at it that way. No. How do you just you don't like falsehoods?.

twitter Donald trump Elon Musk Tesla San Francisco SPACEX Kate president Wall Street Journal WanNa SEC FBI The Times
"elon musk" Discussed on Behind the Bastards

Behind the Bastards

04:24 min | 1 year ago

"elon musk" Discussed on Behind the Bastards

"Did it in like this on this island off the coast of Hawaii, and like lived on this primitive humid like base for years like didn't have like things that people normally need to have to be comfortable. They didn't see their family for like months or even years at a time they sacrificed their health and social lives, because these like they believed in the dream of human spaceflight. We're back. Listeners will hear the seamless, but we just had an interruption for a mystery and none of you will ever know, and it's an it's. It's an it you you won't. We're not gonNA tell suckers. FUCKERS! Fuckers by liking my work. Set Suckers, but you really went to hard. I turned it into five learned. Yeah, the key to keeping an audience is to be like a little bit abusive to them. You know like nagging neck the audience. When you do that because they feel like. We can take it. We're tough and then they send you more I. It's weird. You guys have a beautiful love do. I abused them and they send me knives, and that is the healthiest relationship in my. Son Robert A for me I would take it just stuff. I. Was Not considered in this factor, but. Do you want a nice? No, no that I'm not giving you so many. Ships that wasn't part of that most functional. All Your podcasts? I know I know see. That's because I have bitterly torpedo my relationships, but. You know the the problem, the real problem with this line of jokes. Sophia, is that if you start getting mailed a bunch of knives, you're not gonNA. Know if it's because Elon Musk fans want you dead or because they've really enjoyed your performance sir. Okay, let me amend my request. You can send a night for Robert for me if it includes. A see, that's bad ass. I love that just so I know it's not aggressive. You can draw happy face on it if you want or just include a little note with happy I know, it's like a non-threatening eft center. Her knives and Smiley faces, which is the totally.

Robert A Elon Musk Hawaii Smiley Sophia
"elon musk" Discussed on Slate's If Then

Slate's If Then

03:18 min | 1 year ago

"elon musk" Discussed on Slate's If Then

"Maybe it's because of quarantine or maybe it's just my own tendencies. But I've spent way too much time on twitter lately. Which in my world means? It's been hard to ignore Elon. Musk inbetween tweets about his companies. Tesla and SPACEX you get tweets like cancel canceled culture and minecraft has amazing legs or more significantly on. May Eleventh saying he'd be defying the public health order that had closed one of his factories in California. He tweeted Tesla is restarting production today against Uva County rules. Sometimes he's just playing with people other times. You means it you know. He uses it as a performance. I think is that is what he's doing. That's Cara Swisher the dean of Tech Journalists. She started recode hosts the pivot podcast and she's covered Elon. Musk for a long time. And Cara does not suffer fools we. Yeah I was going to ask you this past weekend. He tweeted take the red pill which is take. The red pill is a line from the Matrix. It means basically wake up and see the truth guests. It's a line from a movie but it's also become popular with the alright alright has grabbed it but before that a lot of techies like that line too but I think he fully knows the all the implications. I think a lot of people get angry because he knows the implications and he still makes a joke anyway. The thing about Elon Musk's tweeting now. Is that it's part joke. Part performance art and part defiance of public health guidelines and it has real stakes his companies and their workers. I ask Herod help me understand what is going on in his brain. Let's separate to lose many Lonzo like let's talk about the many lawns there are. There is the entrepreneur and the risk taker and the creator of things and Tesla no matter what utility llamas. That card is amazing. It's an amazing cards at amazing accomplishment. He's moved the stasis of the car industry into electric vehicles. I think all on his own and they have followed him and so in that way. It's really quite an accomplishment. Then there's the other along along the bad boy which he likes to play too you know with his sort of loud dating his loud tweeting his and everything else. And that's part and parcel to his real focus. Which is he's almost. I've said this religious about wanting to get these cars and saving the planet from Climate Change. He really believes that he does and that sounds grandiose but he really does believe that we are in a in an existential crisis around climate change one of his interest in Mars. So there's lots of levels of depth to this guy at the same time. There's lots of levels of superficiality. That's almost like indulgent and juvenile. And so you have to sort of. It's hard to mesh the two things today on the show with Cara as our guide. That's what we're going to try to do figure out what makes this guy. So willing to be provocative online at play chicken with public health authorities in the middle of a pandemic and what that says about the tech industries unchecked.

Cara Swisher Elon Musk Tesla Elon twitter creator of things Uva County California Herod
"elon musk" Discussed on What Next | Daily News and Analysis

What Next | Daily News and Analysis

03:18 min | 1 year ago

"elon musk" Discussed on What Next | Daily News and Analysis

"Maybe it's because of quarantine or maybe it's just my own tendencies. But I've spent way too much time on twitter lately. Which in my world means? It's been hard to ignore Elon. Musk inbetween tweets about his companies. Tesla and SPACEX you get tweets like cancel canceled culture and minecraft has amazing legs or more significantly on. May Eleventh saying he'd be defying the public health order that had closed one of his factories in California. He tweeted Tesla is restarting production today against Uva County rules. Sometimes he's just playing with people other times. You means it you know. He uses it as a performance. I think is that is what he's doing. That's Cara Swisher the dean of Tech Journalists. She started recode hosts the pivot podcast and she's covered Elon. Musk for a long time. And Cara does not suffer fools we. Yeah I was going to ask you this past weekend. He tweeted take the red pill which is take. The red pill is a line from the Matrix. It means basically wake up and see the truth guests. It's a line from a movie but it's also become popular with the alright alright has grabbed it but before that a lot of techies like that line too but I think he fully knows the all the implications. I think a lot of people get angry because he knows the implications and he still makes a joke anyway. The thing about Elon Musk's tweeting now. Is that it's part joke. Part performance art and part defiance of public health guidelines and it has real stakes his companies and their workers. I ask Herod help me understand what is going on in his brain. Let's separate to lose many Lonzo like let's talk about the many lawns there are. There is the entrepreneur and the risk taker and the creator of things and Tesla no matter what utility llamas. That card is amazing. It's an amazing cards at amazing accomplishment. He's moved the stasis of the car industry into electric vehicles. I think all on his own and they have followed him and so in that way. It's really quite an accomplishment. Then there's the other along along the bad boy which he likes to play too you know with his sort of loud dating his loud tweeting his and everything else. And that's part and parcel to his real focus. Which is he's almost. I've said this religious about wanting to get these cars and saving the planet from Climate Change. He really believes that he does and that sounds grandiose but he really does believe that we are in a in an existential crisis around climate change one of his interest in Mars. So there's lots of levels of depth to this guy at the same time. There's lots of levels of superficiality. That's almost like indulgent and juvenile. And so you have to sort of. It's hard to mesh the two things today on the show with Cara as our guide. That's what we're going to try to do figure out what makes this guy. So willing to be provocative online at play chicken with public health authorities in the middle of a pandemic and what that says about the tech industries unchecked.

Cara Swisher Elon Musk Tesla Elon twitter creator of things Uva County California Herod
"elon musk" Discussed on Deconstructed with Mehdi Hasan

Deconstructed with Mehdi Hasan

13:00 min | 1 year ago

"elon musk" Discussed on Deconstructed with Mehdi Hasan

"Democratic Assemblywoman Lorena Gonzalez talking about her ongoing beef with Elon Musk. How did the Tesla boss become this? Big Name this hero an icon to so many. How did he get so much? Fawning media coverage both in the tech world and beyond. How did this cult of personality arise? Jack Crosby is a writer and journalist. Who's been reporting on uncovering Elon? Musk for several years now. He's covered politics tech and labor issues for splinter rolling stone the Atlantic and many other publications in fact Jack recently wrote a piece for the worker on newsletter discourse blog headlined Elon. Musk made me a socialist. He joins me now from New York. Jack thanks for joining me on deconstructed. Thanks for having me. How did he lawn? Musk make you a socialist. So at the time this was sort of early on in my career as a journalist I was working as attack and transportation reporter and this was in a sort of two thousand sixteen and twenty seventeen. Which for the most part. We're really good years for Elon. Musk there is a huge amount of focus on electric vehicles and autonomous cars and he was kind of on the forefront of both of those industries Had A lot of other really successful projects. Going on with SPACEX and things like that it was not however a great time for the digital media industry and I think sort of a combination of covering mosque for the most part. Doing very sort of flattering uncritical reporting on him. In order to you know because that was what was liked by Google Algorithms and our facebook fans and You know outlets. Were kind of doing whatever they could for traffic. At the time I think I saw his predatory approach to his own workers that was going largely unremarked by the press and I kind of saw that mirrored in my own kind of work environment At a at a digital media startup and I think that just sort of contributed I think of course with the twenty sixteen election of Donald Trump but All of these things covering an industry. That was very much sort of like an unrestrained level of capitalism kind of contributed to radicalizing my own personal politics so I want to back to the media coverage of Moskva moment before we do that. Just sticking with your piece in your piece also compare musk to trump to donald trump. Say that both billionaire snake oil salesman. How so so? He is a very gifted. Ceo in a lot of ways. The image that he presents to the world is as this sort of like Tony. Stark character is a genius inventor as someone who is going to save the world through science. And as as I'm sure most people covering him we'll tell you his his genius isn't particularly in engineering he. He's very good at hiring. Good engineers SPACEX has had a mixed record of how their rockets will work. But in general with the government contracts that they've fulfilled they've been relatively consistent Tesla vehicles are for the most part well engineered in well-designed vehicles that to do with Ilan differs based on who you ask I sort of came to the opinion that his real genius is a salesman similar to Donald Trump. He's very very good at projecting an image of himself in an image of the brand that he's selling to his fans and convincing them and that's what they want to buy into. And that's why you see such a strong reaction owes. Musk and trump have many many people that are convinced that what they are offering. The world is going to benefit them personally Musk has thousands and thousands and thousands of Primarily I would say that. His fans are primarily men. Who are you know? Sort of curious. Future forward Maybe a little nerdy kind of guys who are interested in these concepts of renewable energy of electric vehicles of space exploration and things like that. And they're convinced that musk is the one that's going to be able to deliver them deliver that for them and the founded dorm don't they jack especially online in the comment section on? Youtube and elsewhere. Yeah he has a very similar following to to trump into what you see in a lot of kind of very passionate online communities. Which is that any sort of criticism or attack on. Musk is treated as both a personal attack and a sort of reputation of things that must allegedly stands for. So if you write an article that says Elon. Musk is treating workers particularly well. And he's been union busting for years that's going to be perceived by his fans as you standing in the way of progress as you are you know. Why are you trying to disparage the one man who is going to save us? Who is working for a cleaner future for electric cars? They'RE GONNA they're gonNA love me off to the show goes out from this. You mentioned the union issue. One very he claims not to be very political but one very political position he has taken is anti union. He doesn't like organized labor. He's fought tooth and nail to prevent workers in his bay. Area Tesla plump from unionizing. Hasn't he yet he's. He's done this for years there. There have been a couple of sort of notable points in this. There was a a tesla employees in two thousand seventeen named Jose Moron Who wrote a public medium post detailing sort of the conditions in in one of the Tesla facilities? I believe it was the Fremont Facility Talking about mandatory overtime a workplace injuries and things like this musk's response was basically to claim that this guy was a plant by the united auto workers that was trying to organize it tesla and there was a sort of whole mini news cycle at the time where he was railing on like the. Uaw spies and he. He sent out a public email. That sort of compared him in a David and Goliath analogy where Tesla which at the time was one of the highest valued automakers in the country was David Arrayed against these forces arrayed against him and he's one of the men on the planet. Yeah Yeah Yeah I mean I. I think he is not worth at. The time was not in the not in the gates are basis territory. But yeah he's he's a billionaire. Is it true? He wants promised his employees a coaster if they agreed not to union he he did must general strategy in dealing with adversity is to make outlandish promise And then sort of hope that everyone forgets about it by the time. The news cycle is ended so in in public that often comes with. He'll he'll make big promises about what Tesla cars are going to do. When his employees were expressing some discontent he sent out this e mail that was basically saying once Tesla becomes a profitable company. We're going to be able to do all these things that I've wanted to do for ages one of which was free frozen yogurt at a lot of the facilities and another was something he referred to as a tesla. Pod Roller which. I think it's safe to say I have not seen anything about that actually happening. I don't believe that Tesla currently has a pod roller coaster If they do I would be extremely the making the of sweeping sweeping promises. Exactly no fact check exactly and that's a lot of these things have just gone by wayside. the big the big thing in in two thousand seventeen of parliament's vehicles and musk was one of the first people that was really at the forefront promising. Our vehicles are going to have. There's some technical details level four and level five automation and things which basically means that they could drive in a variety of circumstances on assisted by a human driver and musk had a whole. You can't really call an ad campaign but sort of a marketing blitz where he was promising that by the end of two thousand seventeen tesla would be able to do across cross country coast to coast road trip in one of its vehicles with no with no human input and as we've seen now you know that that has not really happened. The limitations on autonomous cars are far far more than the experts were predicting well. Then the the inventors were predicting back in two thousand seventeen and these things have not really gone forward as he said they would and he gets away with it because the media let him get away with it. You yourself say. You spent years writing quote credulous pieces about his business and technology achievement. Lots OF PEOPLE. Right puff pieces about him. Those who don't get as you say attacked by his supporters. How much is the media to blame for the cult of Elon? Musk so I think. An enormous amount. At that time I will say that it does seem now to be changing and of course there you know. This is not a discount. There were reporters at national publications. I think I mentioned RIMAC earlier at Buzzfeed News and Mike Isaac at the Times was mostly covering Uber. Dana Hall who now writes for Bloomberg. I think these reporters were doing very good. Fact-based responsible journalism about mosque. And if you look at Dana Hall's mentions on twitter at any given time. She has hundreds of musk fan boys even though she's one of the most sort of even keeled reporters on him in the business must convoys attacking her all the time for being anti Tesla but at the time in this sort of digital media landscape for a lot of different reasons laudatory coverage of mosque was extremely widespread. And it wasn't just him. This was the thing that we saw People doing for facebook people doing google. There were there were whole outlets. You know who's WHO's ethos was in sort of positive. Press for the advance of of big technology and musk was one of the most interesting and sort of engaging figures in that world and so people got a lot of traffic off of posts. That were that we're highlighting the crazy weird ambitious things that he was he was doing. You mentioned the crazy weird stuff prior to this week's decision which has gone in his favor on reopening the tests and our plan he seemed to be melting down quote unquote. He was tweeting that I'm willing to be arrested. He was tweeting the other week. The Oh my company share prices too high. Is that all. Acta wonder because people like musk and trump and Boris Johnson. I sometimes wonder if the whole eccentric stick is just that stick distraction totally performance and fake. What do you think having covered? Musk for so many years. I think it's a bit of both has always been streak. He's always leaned into this image of being an centric billionaire. I think in recent years he really has perhaps gone a little bit too far. I don't know what has been going on with him personally. His personal life has certainly been chaotic and the decisions that he's made appear to have gotten him in real trouble most notably in the in the defamation case in countersuit involving when he called the cave diver who decided his plans to build a submarine to get the tie soccer team out of a cave. He called this British Cave. Diver a pedophile twitter. But he won that case interesting he got away with it. This is the classic thing with must and this week. He's gotten away with it again. Having defied the law reopened his plant. And now he's got the county retroactively approving. What he did is pretty dangerous isn't and they'll just immediate. Let's let him get him. Get Away with stuff politicians especially in California where he has a lot of clout. They basically saying this week. Almost can do it every once right and I think he's. He's also been enabled by his own board of directors for a long time because we saw another Bombastic sort of hard charging CEO. Travis Kalanick's who is an uber and twenty seventeen whose indiscretions eventually did end in him. Being sort of ousted from the pub. The company is public facing side. That hasn't happened to mosque because as you said he does continue to get away with it and he knows that he wields a tremendous amount of power over the communities that his his companies in his facilities operate in. And.

Elon Musk tesla the Times Elon Tesla Donald Trump SPACEX Jack Crosby Ceo facebook New York twitter salesman Google Lorena Gonzalez Atlantic Youtube Uaw
"elon musk" Discussed on Pro Rata

Pro Rata

10:58 min | 1 year ago

"elon musk" Discussed on Pro Rata

"But that's where we take ten minutes to get smarter of Tech Business Politics Presented by bank to be safe venture wisely. I'm Dan from Mac. Show presidential betting market in why this Thursday matters for pandemic impaired mergers the first Elon. Musk versus California so on Saturday. Tesla Motors filed suit against California's Alameda. County which has been blocking the electric car makers efforts to reopen its manufacturing facility in Fremont the basic back story California Governor Gavin Newsom last Thursday announced that manufacturing could resume in his state so long as certain social distancing safety guidelines were followed but Alameda County has decided to move more cautiously and specifically officials want their stay at home orders to run through the end of. May this raise the ire of Tesla boss? Elon Musk who has spent much of the past. Two months tweeting. About how lockdown orders draconian and who is now threatening to move both future manufacturing for Tesla and Tesla's headquarters out of California why it matters is threefold first tesla is the only automaker left in California so it takes off. There will be none to this. Case could become a high profile precursor to other large battles between businesses and local authorities over public health measures and three musk's threat to leave California entirely could presage. An era in which states compete for businesses based on covert regulations. Kind of like they've historically done on tax incentives and labor law the bottom line. No one likes picking a fight more than Elon. Musk but this is one of the few times. The his efforts could have consequences well beyond his company and his own reputation in twenty seconds. We'll go deeper with tech crunch transportation. Reporter Kirstin coursework but first this bridge bank knows the INS and outs of business and remains dedicated to providing financial solutions. To the risk. Takers the game changers. And the disrupters those committed to leveraging innovation to make the world a better place bridge bank has been dedicated to providing financial solutions to sponsor backed emerging technology and growth companies for nearly two decades through its national network of banking teams and offices bridge. Bank is a division of Western Lines Bank Bridge back be safe. Venture wisely joined by Tech Crunch Skelton Chorus. Let's start here with Elon. Musk's threats not just leave the county but to leave the entire state including headquarters in Palo Alto. How feasible is that in other words this from your perspective a threat. That actually has some teeth behind. Well this is all about public pressure. It is easily will but feasible to what end the company does have operations in Nevada. In New York. The company ended gigafactory in. Nevada is quite large and you could see a scenario where they could support moving it over but the cost in pain to do that would be extreme in also. I think we shouldn't be forgotten. Is that wall? There would be jobs that would occur in Nevada. As a result there would be substantial job losses in California the Public Relations Look. There isn't great. There would also be the retraining costs to some people might decide to move from California to Nevada. It's stayed over but a lot of people wouldn't which means you'd have to train. A brand new manufacturing workforce in Nevada or Texas wherever he wanted to move to correct exactly and this is a manufacturing facility. I don't know if you've ever seen the old new plan which is now the Tesla factory or had a chance to walk through it but you don't simply just pick up a large stamping machinery or all these robotics or assembly lines and then just quickly card them over. You would have to be done in the same time as they're still producing vehicles in Fremont because you don't just disassemble assembly line. You would stop all your production. It just doesn't quite make sense so you said the part about Pr. Let me ask about that from your perspective. What's the ballot? Is it just kind of continuing? What's Kinda been his twitter crusade against lockdowns and this is just him seeming at least to put some of his money whereas now this well. Here's the thing to remember about. I've been writing about Tesla for a decade now. He can seem on hinged on twitter but he absolutely knows what he's doing and he understands the power that he has on twitter so it can seem like as if he's benching or up a little bit too late at night in it's all part of a strategy and the strategy here is to bring as many eyeballs in ears to his specific problem which is wanting to reopen this factory. I understand why. He wants to reopen factory. Any manufacturer would want to reopen their facility right. They need to make their product and Tesla's case he's got back. Orders for cars has tesla from your perspective given a good explanation for how he will not just reopen the factory but how he would do it safely not end up in a situation like we've seen say with meat packing facilities were suddenly you have dozens if not hundreds of tesla workers sick and thus have to close it again plus possibly have death phones so on Saturdays when he threatened a lawsuit filed the lawsuit and then later that night they did issue a blog post in a lengthy thirty seven page. Report is go back to work playbook. I will say that they did go through this in China in that they have applied because they have a factory in Shanghai. They say that they are applying many what they learn in Shanghai. Xu the Fremont factory the part where I do a little bit of a head nod is that they never stopped delivering vehicles in the State of California and a number of my sources who worked for the company said. They didn't feel entirely safe all the time that there was a mix of the die. Hard Tesla employees who were so committed to the mission that they kind of ignored health concerns and social distancing and things like that and then there was a smaller group of people who wanted to have hand sanitizer in one bag masks on hand and none of that happened in or Bro Really. It was very based on reports from my sources vary chaotic in some parts. So if you were to take that you know is the Fremont factory going to be the same sort of situation. You say that in high that to the earlier thing you said about kind of what he does when he tweets strategic. But if you go back to some of his tweets on March sixth he you know he said. The Corona virus panic was dumb. He tweeted out some very questionable outright false understanding of what's happening with the virus and potential treatments. So do those things Mary in other words is the partially chaotic stuff. You've seen with the ongoing deliveries in California tied to the fact that it doesn't really seem again just from his twitter feed that he has taken this pandemic as seriously say public health officials. Have I think it's fair to say that he publicly has not treated it as seriously? I mean that's a completely fair assessment. The question is if he wants to reopen his operations than he might be forced to at least put in place the measures that will allow him to go back to work in the understands that the battery is a little different than delivery hubs spread throughout the state of California with manufacturing. There's also this headquarters in Palo Alto. Which technically isn't in Alameda County? Are People working there right now? Is the headquarters full or is this? He wants to get the manufacturing facility open but his executives are still work from home from what I know. Executives are mostly working from home. But I will say that one thing. That's interesting as well. The Palo Alto offices are technically the headquarters. He's been spending more time shifted a lot more personnel to Fremont in so it almost has become in a way a defacto headquarters. There's just been a lot more effort and her sanal put in that place. For example many of his comes people were oftentimes Fremont so. Hello does miss the office. Workers Engineering is right within the Fremont factory. A lot of it and not all of it and of course their stuff down in La in Hawthorne for it just a timing won a legal one. When should we expect there to be resolution one way or the other of the suit because again Alameda County is said they plan to probably open things up at the end of May which is a few weeks and Yulon suing to get it done earlier? When should we expect to see some sort of resolution from judge injunctive relief so this means that things should move fairly quickly in Alameda? County said that in a week or so they will look at the manufacturing component. So this is all GonNa go down. I would expect within the next few days certainly in one more note. The attorney filed the lawsuit. Is Alex. bureau this is must personal attorney and the attorney that was actually successful in the head case that we all remember from last year in so Alex. Spiro has proven to be pre convincing in successful in the courtroom. So we'll see how he does here of course tech crunch. Thank you so much for joining us. Thank you my final two right after this bridge. Bank helps breakthrough ideas actually breakthrough and remains dedicated to providing financial solutions to the risk-takers at the game changers disrupters those committed to making the world. A Better Place Bridge. Bank has been dedicated to providing financial solutions to sponsor backed emerging technology and growth companies for nearly two decades through its national network of banking teams and offices bridge. Bank is a division of Western Lions Bank Bridge back be safe venture wisely ever my final two and I up his November's presidential election which not too long ago seemed like the Consensus Mega Story of two thousand and twenty most polls right now Joe Biden leading donald trump including enough swing states to shift the balance of White House power but they seem to disagree as actually. This is Dan Ronan reports this morning. Biden is an underdog in casino sports books which actually take bets on the sort of thing now specifically they're paying out around eighty-three bucks per winning on trump versus one hundred and thirty five dollars for winning vets on Biden and realclearpolitics has an average of online betting sites which gives trump around an eight point. Lead what none of the betters. No though is the state of America's economy or of a corona virus vaccine by election day. And in this case that's kind of like not knowing if the game will be played on a seventy degree day with clear skies or in the middle of a frigid blizzard. But finally this Thursday could become a very important day for global mergers and acquisitions many of which have collapsed due to economic uncertainty surrounding the pandemic friend equity firm. The Carlyle Group is seeking to back out of a deal to buy a twenty percent stake in American Express. Global business travel basically arguing that the outbreak has so decimated the hospitality industry that is triggered. Something called an m. a. e. or material adverse effect which is a common clause in merger agreements. The thing is m. e. Clauses are often in the eyes of the beholder and so far there hasn't been a judicial ruling yet on if this pandemic and everything that surrounds it is illegally legitimate trigger but again Thursday. That could change when a judge hears arguments on this case and his ruling could set legal precedent for everyone else with deals in peril. And we're done big. Thanks for listening. It's my producers. Tim Show Naomi. Shaven have a great national twilight zone day. And we'll be back tomorrow with another pro rata podcast..

Fremont California Elon Musk Tesla Motors Alameda County Tesla factory tesla Nevada Palo Alto twitter Elon Western Lines Bank Bridge Alameda Governor Gavin Newsom Carlyle Group Better Place Bridge
"elon musk" Discussed on Sidenote

Sidenote

11:37 min | 1 year ago

"elon musk" Discussed on Sidenote

"With ways. Lawn my all just happened. In this time I turned into a squirrel. That's the thing I do 'cause that sounds like a man and I just picture because it's an audio only ask for some people. Have you hear that noise? A magic became a frog. Wow that's riveting riveting if I say so myself your face own stand do but I think nicest part about. You don't understand too because here's the thing that was going to say. Let's let's clarify some things because before I go into my science stuff about electric vehicles. I looked in a little bit to Tesla. Just wanted to make sure I knew some groundwork facts and these are some things I found out so tesla was actually created by two different people. Elon Musk was not part of this. Was Martin Eberhard and mark carpeting. Where the gay. They're fake does sound like fake names market number number. Dr Bernard there was a third person who was added and then Ilan. Musk came on as a venture capitalist. Oh Lord Oh he basically like in my mind I was like Oh Elon. Musk created and founded tesla and then they actually so allow. Musk in those first five people. Even though the three joined later they signed a deal allowed. Elon Musk and those other. To call themselves founders. So even though he wasn't technically a founder he wanted and I'm not blaming this on him because maybe those other people wanted that as well because he gave money he wanted to be able to be like. I'm a CO founder. Grimes knows all this ranking. Grimes isn't finding out. She's raising things. I also didn't know in January of this year. Tesla became the most valuable American automaker to ever exist. Yeah I we I mean I didn't. I knew that we didn't talk about it in that context but I knew it was the switches. Most profitable limit is not awful. Sorry valued world. It's the second most valuable bag next to next Toyota. So it just Powell and in the end of January of this year. So that's why I was confused because I'm like how are they never profitable? I guess there's stuff like how much research and development they have to do. And how because they don't have retailers like you can't go to like a car what you say shop. Where do you get a car? I'm so surprised. Yeah exactly 'cause they're like toge- so that so they have to spend so much on promotion and getting like their hope is obviously long-term once they get market saturation than the money starts rolling in but I think they every silk every Silicon Valley Story. But that story happens to me. I hear it all the time and I'm just like all these dudes walking around being like okay. Well well just your way. Oh it is. It's like it's wild. It's like if you're so. They made eighty six point. Five billion dollars in America. And I'm like if you can't be prompt that's crazy but I guess the whole point is they are having to do so much legwork to make the technology and to get the resources to do it and to put into marketing into all those kind of things so I don't understand business but there is a point where like you're making one hundred billion dollars and they think that the best crib for a on flux twelve number exactly I do think his crib is just going to be one of the cars going to have no railings. And it's just going to be like it's GonNa look like a doctor's chair and he's going to elevate about it or she or they also just like I'm not going to bail on the podcast. I just have to tech someone because I have an appointment only God to send a message while you helped me very digital appointment that I needed to know I do think that I do. Think that Tesla being the second like market market capitalization at the second most profitable or not profitable. Soy Valuable car company to meet was so surprising. Yeah every other company has also existed for like seven years ago. There's there's there hunter everywhere but I haven't seen as you know. Maybe I honestly don't know they're all over like la but like being in Toronto. Where are they? I don't know so those were only a couple of facts about Tesla but I wanted to talk a little bit about whether or not. Tesla is actually sustainable. Okay cool because this video we've been trying to think about making. Yeah until it's for this for my facts here. I've leaned heavily into an awesome channel on youtube called are changing climate. Like my favorite. So they cover all sorts of topics definitely check them out. I love it. It's mostly voice over with just like stock images that like essay. Hello so just some faxing. Spit out to kind of analyze whether or not. Tesla's are actually sustainable. So the impact of Tesla is sixty eight percent more emissions. What am I talking about the sorry? This is about the extraction process. We're talking about so. The Tesla gets on a roll. But there's a lot that happens before that so getting them it's resources it's actually worse for the environment in that process is sixty eight percent. Yes so because it's so energy intensive. They're trying to find rail rare metals. I think what they do. Is they dig giant holes. Like there's a mine in China where they're digging for these rare metals and they dumped toxic chemicals on it just again for the battery. Yeah so when they do that. For example only zero point two percent of what comes out of the ground is used but they basically destroying parts of the land right so it's a hugely problematic process. This is for the battery. This is this is for materials that are used mostly in the battery but get used in the cars. Well if I wrote here where they're you wonder. If there's any emeralds used them hello call your down from them. Roll Mine. Did you know his dad? Also kind tell you one thing just. His Dad had a baby with his stepdaughter who he knew the stepdaughter. Since she was four and that just isn't he also disenfranchise from his family? I was going to say he doesn't like he does not like but there's there's older fresno so sorry I was just trying to. That's where I'm feeling kind of scattered because I have to tax basically. Yeah those materials. Those rare metals are used in the battery headlights and onboard electronics. So crazy cool screen. Yeah and so yeah. It's basically that extraction process is extremely dirty and his knock green basically in any way it's producing sixty eight percent more emissions than an actual actual than a typical car would but also use gas and coal powered equipment for extraction so on top of destroying the environment and releasing emissions your. They're not using like electric materials to or like solar power materials to get these materials either. Because yes you have like huge factory pits and stuff not factory pits but open pits using Colin gas and burning the whole time but ultimately once the car is on the road. Obviously it's way born greeting even though it depends on where you are because you might be using energy anyway if you're plugging into a circuit that's not using. Renewable energy is using gasoline goal. Seeing a lot of them all over Los Angeles and California and learning about California's grit system. It's really it's quite green California's one of the best places you'd be having a Tesla and actually feeling like okay. I'm not I'm not using as many emissions into Ontario is extremely green to a lot of wind like energy so it is interesting to think about the two places we've sort of spent time recently. It wouldn't be SMART AVATARS. La If you've got a foreigner and you could feel sort of pat on the back okay. It's it is and ultimately they found that after eighteen months on the road and electric car actually compensates for all those things that it did when it's with tobacco that it becomes more green from that which is eighteen months non very long and neither are going to have a car for ten fifteen twenty years. That is going to be a lot better but it's still enough time to allow you to be like okay. It's not this magical thing. Yeah and here's still impacting. The environment like our phones and I like they're trying to find these rare metals that are needed in places there can exploit or destroy or whatever sack to what I was saying about the concept of maybe not owning a car. Like how do we culturally shifted so that we use public transport ridesharing apps like what do we that's ultimately what this videos discussion about? So a gas powered car has two times emissions over. Its lifetime but ultimately it's like you know one of the things that Tesla's many electric companies but tesla tries to recycle most of his batteries about seventy percent of its batteries get recycled which means I don't need to go mining from war and they're not making a new car. Ms Being reused. So there's you know what I mean like there's elements of even once they get it they can reuse it again later so many people are buying it has lime probably also have like Harari and also. Have you know what I mean? Yeah if you already have a vehicle. It's actually probably not better to get a new car unless you need right so ultimately should you get an electric vehicle if you're in the market for a car right now awesome and you can afford it. That's great but if you have a car that's not that old and you could still. You're not doing a service by creating a bigger demand for these things. There's still an impact on the climate on the environment from this. So don't just think it's a fix all if anything we should be it might minimize individual emissions but those are actually not often the biggest part of our problem right like we have to fight for legislation that will regulate companies and regulate countries and help to make us all actually oil companies early on tried to create those campaigns of like. What can you yourself to be more green to try and get the sort of like energy and momentum off their backs should always remember. It's like obviously do your best individually but it's really action together against corporations and getting politicians to lobby behind you so I think we can have a couple of extra minutes here to talk about some some more thoughts about Yulon after we've gone through these studies. Well that certainly didn't help so I do think again going back to my initial stance two years ago. Even I still think it's a noble cause like excluding him for example for car companies and brand new car companies like ten. I shouldn't say brand new car. Companies that focus exclusively on electric vehicles. I think that's a noble cause. I do think it's a good thing and I'm excited that culturally. We seem to be shifting toward that being the future but we also need to talk about on because that is the name of this podcast. It's Elon. Musk you know update or whatever and I actually am still. I feel a little bit like okay I. This is what I was worried about like. What I'm I'm a man with these with this history with Megalomania vibe just like again trying to swoop in and save the world and in fact the every way that he's acted I've felt in the past has made me skeptical of them that I can't believe we're sitting here and he's like saying that crown of cases are going to be zero by the end of April with his platform. I'm just frustrated because I don't want to be told you so but it's like frustrating to me when it's like it's like it's like.

Tesla Elon Musk Grimes Martin Eberhard Toyota founder youtube Toronto Elon Dr Bernard CO founder California America Powell
"elon musk" Discussed on Reset

Reset

02:48 min | 1 year ago

"elon musk" Discussed on Reset

"I mean I can't imagine saying that to a romantic partner on your wedding night of all things or ever but I also think it speaks to some of the stuff. We were talking about a little earlier about how he needs to constantly be in control. And what is that phrase if not you know. I'm in control and as the two of them are getting divorced. I'm GonNa Watch the exact phrasing so this is a paraphrase but you know she says something about not being happy in the relationship and he says something like if you were my employees. Yeah I would have fired you what that story indicates to me. One is not just his desire for control but also a misogynistic streak yeah. There's you know I'm trying to think about how to phrase this because there's certainly a streak of misogyny Nia among his fans It's something that especially women reporters who cover Elon. Musk counter a lot. I personally told that I must be quote unquote obsessed with them but there is this sort of culture that he comes from that is not especially women. Friendly like Silicon Valley of that period is not especially women friendly and it's still well not women friendly now so there is kind of a casual misogyny and a lot of the areas in which he's operating And like that's true of aerospace. That's true of cars. That's true of software These are all extremely dude turf places where dudes tended to defend their turf. So how exactly did things end between paypal and the other co-founders and Elon. Musk so Pay Pal goes public in two thousand two and after a couple of months is bought by Ebay and I think must get something like one hundred and sixty five million dollars out of this transaction the overall transaction is something like one point five billion okay. So what's the pay pal money. He does chew things first of all. He founds a rocket company. Space Exploration Technologies SPACEX. You found that in two thousand and two but the other thing that he does is he invests in this a car. Companies Company was making electric cars. He's the series investor Fester for Tesla Inc And that takes place in two thousand four and later Must becomes credited as a CO founder of Tesla after the break picks up speed.

Musk Elon Tesla Inc Space Exploration Technologies partner paypal Nia Companies Company Ebay CO founder
"elon musk" Discussed on Reset

Reset

07:07 min | 1 year ago

"elon musk" Discussed on Reset

"Lisboa Plateau deputy editor at the verge and reporter on the. Musk beat how did he long become the person he is today. Can you tell me a little bit about his childhood. Oh Yeah I could definitely tell you about his childhood. So he's he's born in South Africa his parents split. He stays with his dad after the divorce. His Dad by all accounts counts is not a great guy and so he has kind of this rough home life and he's not doing that well with his peers at school either. What do you mean by that at one point? He was beaten so badly by his schoolmates that he was hospitalized. I mean. He was bullied so he grows up in South Africa. I mean he now lives in the. US How did he end up there. I moved to Canada and then he moved to the US and in both cases it had to do with going to school. He went to college essentially and his family is actually actually Canadian right. I think his mother might be Canadian. Sorry I like plugging that in. Their people should know so i. He goes to Canada Canada and I think he's at Queen's University which is in Ontario and from there he moves on to the University of Pennsylvania. where I think. He got dual degrees in economics. Physics all right and at this point is he already thinking up businesses that he wants to Creator you know whereas whereas my net yeah I mean so. There's I mean the economics degree suggests to me that he's already thinking about business but there's also some anecdotes in leave ANZUS biography about him like hosting parties where he didn't necessarily drink but he sold people drink. Cups made a bunch of money that way so it seems like you know this is something that he's he's been thinking about from the jump so anyway he he leaves Penn in Nineteen ninety-five and gets accepted it into a PhD program at Stanford University in California in physics. But as he's going out there you may remember around this time. There's the internet boom and so he's in this program for. I think like two days like literally. Today that's before he drops out uh-huh decides to launch his first company which is called Zip to okay. What's too so it was sort of an early? The attempt to get newspapers online. Believe it or not but anyway This gets acquired by Compaq for something like three hundred million dollars. There's in nineteen ninety nine and with this money must goes on to co found x dot com an online financial service and a payment company. What exactly was launched vision for that company? It was one of the first online banks as far as I can tell. Musk wanted to challenge the banking industry he wanted to disrupt banking so this is an ATM. We're going to do is transformed traditional banking industry. I do not fit the picture of a banker. Raising fifty million dollars is a matter of making a series of phone calls and the money is there you know. It wasn't a a small scope type of deal that musk was working on. But what happens is x dot com winds the merging with infinity. which is the startup by guy? Peter Thiel you might hurt him anyway. conformity has a money. Transfer Service called. Pay Pal. They this is where there's some friction Because you know you on mosque really has this idea for an extensive banking service US and he. He wants x dot com to be something much bigger than that. And there's sort of a fight about branding because he wants the branding for pay pal to be. I pay pal brought to you by acts and pretty much everybody else is like people like and recognize. Pay Pal they don't know what acts is Let's just let's just make it pay pal so at this point. It must doesn't like the fact that that the company that he was working on the name is getting a raced. Yeah I mean basically. It's a sort of a question of scope right like do you want to focus on these online payments or do you want to do something much bigger and must get pushed out so that they can narrow the scope and focus on these online payments. And I from the former. CFO OF PAP- house at something like it would have killed the company if you had stayed on as CEO for six more months must got kicked out of pay pal. Essentially is what you're saying. I mean he was still on the board but yes he was he was fired as a CEO. How do you think that impacted him? I think that getting kicked out had a pay pal was a formative experience for him because it seems to speak to the way that he controls his other companies. There's a bunch of anecdotes of him. I'm talking about how much he doesn't like public companies. Because you can't really control things and you can't really have a long-term vision and I think that after his experience at pay pal it must decided okay like I need to be in charge of my own companies in such a way that I can't be removed like this again. How was Elon? Musk perceived at that point like who was he in the world of of business in the world of tech I think he was sort of perceived in the way that most executives are perceived. which is you know you're known within your own circle but you're not necessarily a household name so he is not the guy that we know today? No He's definitely not and you can see. There are some mm early interviews with him where people are talking to him. He's like doesn't have the same kind of media savvy he later develops and it's like seeing A Proto Yulon. Musk ask a lot of the stuff that we see later is already there But it hasn't quite developed. Do you have an example of of guests his media media clumsiness at the time I'm I'm thinking of a specific interview and I wish I could remember. There's one with him and his then wife and they're you know talking about how their life hasn't really been changed that much by this money except that they bought a nice car and its him showing off his car Which is called McLaren F one? It's a million dollars for a car. It's it's It's Oh yes yes I know exactly what interview you're talking about. This is actually a pretty famous interview. Where where he just seems like kind of I don't know he hasn't doesn't fully settled into his new life? He's a little bit awkward. He just seems like he's also beaming right. He's really proud of this car. He's thrilled thrilled out of his mind. Nine completely. It's actually pretty well but just three years ago. I was showering and the at the Y.. And Sleeping on the office floor and now obviously GonNa Millionaire car and quite a few creature comforts. Okay so I'm glad you actually brought up his wife and everything so musk also got married in two thousand for for the first time right to just steam..

Musk US Lisboa Plateau South Africa Canada Peter Thiel deputy editor Compaq CEO ANZUS reporter Canada Canada Stanford University California Cups CFO Elon
"elon musk" Discussed on The WIRED Podcast

The WIRED Podcast

03:42 min | 2 years ago

"elon musk" Discussed on The WIRED Podcast

"So saying it believes that the situation will be resolved in coming weeks, or months, but it's been stockpiling equipment, and chips and everything as well. So it may have like a longevity. So a problem when these, these products run out, but I think the next stage will potentially be may be on this podcast is out. The China may come back with some sort of new sanction on news statement on new action is basically in retaliation to one of its biggest companies being victimized essentially by another government, we shall funny. The story closely and. Do get in touch. Do you use a hallway phone? If you've been following the story, what do you think about the whole situation pulled cast at Wyatt dot co dot U K onto another story. Elon Musk is doing a thing he's doing another thing is always doing thing. What's he doing this week? So what he may be doing this week is launching plans to start the space internet now program to that. I'm going to start with a little bit caveat here. So we were calling on Thursday may twenty three is planned that Elon Musk will launch sixty satellites to serve this constellation that will start delivering space intimate to earth? However, last week, there was ready to plough largest plant both counseled to. There's a good chance there might get comes tonight, in which case it actually hasn't happened yet, but it's going to happen anyway. So, basically what's going to happen is the. The. Spending this now it might not happen, exactly tonight. But we should know about the story anyway, because it's going to happen at some some point summerish, basically on Thursday today, SpaceX kickoff plans to launch the space internet race. If you like with the launch of sixty satellites aboard a folk nine rocket from Cape, Canaveral Florida, it goes to plan, which is this so called space internet. You're talking about imagine the internet, but it comes from space instead of coming from a root or like a mobile phone mast or something like that. So probably most people are listening internet through wired connections, that might be brought band that comes up for your building and from under the ground, or might be through a four g connection, which obviously a mobile mass is at some point connected to the wired, internet, what space internet wants to do is to do all of this earthly infrastructure, so Musk's plan. Cooled S-curves subtle incidents styling is he wants to make a huge. Constellation of twelve thousand satellites orbiting the F, and to between five hundred and twelve hundred kilometers. And the idea is, is that you can kind of get university global coverage of the internet, without having to build quite big and Boca infrastructure of iron to lay. Why is or Bill towers next to people, what about connecting people in rural, rural or hard to reach areas? What any doing sixty at the moment? Well, this is much bigger plan. So eventually, the idea is twelve thousand of the satellites, which is massive, as I said, at the top of the show, the right you only two thousand active satellites around, so you think about that. He's, he's talking about doing five five six times. What's already there? So there's some problems. We're going to get onto later but essentially ideas is low satellites up there, and it means that no matter where you are in the world. You'll be able to get coverage you'll be waiting for satellite passive your area because there will always be a satellite overhead and this isn't the first time. I've heard of a plan to be internet from space to cover the rest of the world. That isn't currently connected. This other companies in this game. Right. Right. So right now, they're actually nine companies are working on exactly this thing space internet..

Elon Musk China Florida Bill towers twelve hundred kilometers four g
"elon musk" Discussed on The Vergecast

The Vergecast

03:49 min | 2 years ago

"elon musk" Discussed on The Vergecast

"This is now the third week where you have been ready to go with a recap of this week in Eli on and then Alana's eland listen, I don't want to be too dramatic about it, but Elon Musk has kind of been ruining my life. The last several months. All right. But I would say this is the most. This is the only time when we've said, oh, we got a, we gotta hit pause in like start over because of the scale of the lonning. So Liz has already recorded this week and he lawn for the verge cast that were tossing and clock in the morning this morning, I'm on Pacific time. It's currently two o'clock. We're it's Thursday and like I cannot believe that I am already out of date and it has not even been twelve hours. What happened was I had this great thing about like labor unions and tesla in this NLRB board hearing what's been going on this week, and then the SEC was like, what's up we're filing charges. So the SEC is sued Elon Musk for securities fraud after he attempted to take the company private earlier this summer, longtime listeners know a recurring theme in this week in Ilan is that one should never tweet. And right now in the SEC complaint, we have some evidence for why not only because of the take private tweets that are the basis of the. Plaint. Those are pretty significant, but also because a bunch of the evidence cited in the complaint is Elon Musk's, shortsellers tweets. So for those of you who might not know shortsellers people who basically bet that a stock is going to decline. And those of you who've been watching Eline closely know that he has been saying all sorts of wild things about shortsellers. There are two that are cited in the complaint. One of them is from may short burn of the century coming soon. Flame should arrive just in time and another one in June. They have about three weeks before their short position explodes. Although obviously, there are plenty of other taunts for shortsellers to choose from anyway. The SEC just gave a press conference where they basically dragged Ilan. I called up a couple of corporate governance folks, but what what the SEC is seeking to do is remove Elon Musk from being the CEO or a board member of a public company. Any public company not just tesla the claim is that his tweet in particular about taking tesla, private. Four hundred twenty dollars share, quote funding secure was so reckless that not only should he removed as the CEO of tesla, but he should never serve in in one of those positions at a public company again, which is wild, correct. Listen, all of this is wild. I'm just gonna read you some choice quotes from the complaint in truth. And in fact, musk had not discussed much less confirmed key deal terms, including price with any potential funding source. And then they go on to say that the funding secured tweet was false and misleading and subsequent statements were false and misleading to and then I'm going to quote again, musk new or was reckless in not knowing that each of these statements was false and misleading because he did not have an adequate basis. In fact, for his assertions, musk knew that he had never discussed a going private transaction at four twenty a share with any potential funding source. He had done nothing to investigate whether it would be possible for all current investors to remain with tesla as a private company via special purpose fund and had not confirmed support of Tesla's investors for going. Transaction. That's a lot. Yeah, never tweet, I think so when the SEC says, we don't think you should be at a an officer in any public company ever again, is that the sort of thing like the SEC says that to a lot of people, but they don't really mean it by the time it gets trial. It's like, yeah, we just that's our opening position, but that's not really gonna go there or is this the thing that they don't really do? And this is like super serious. 'cause they're real mad. It's super serious because they're real mad. They filed mmediately. You gotta keep in mind..

Elon Musk SEC tesla Ilan NLRB Eli CEO Liz Eline Alana securities fraud officer Four hundred twenty dollars twelve hours three weeks
"elon musk" Discussed on Vox's The Weeds

Vox's The Weeds

04:15 min | 3 years ago

"elon musk" Discussed on Vox's The Weeds

"And like in fact, now is not editor in chief so that he doesn't have to make all the decisions about stuff and can like be interested in the idea. That he wants to do. We had to do things like build a copy desk, not physically that would be hilarious, but you know, institute procedures that made it harder to get everything up on the internet immediately, but that made it possible for the site to run no matter who was sitting at the editor in chief desk. I also I want to say something because I absolutely have to, and I'm aware that it's probably going to bring everyone mildly down, but there are two points I wanna make one is that when we talk about being a Boy Genius, it's worth noting that Elon Musk is forty, seven years old. I think that there is something to be said about how we talk about specifically men in tech pantley, white dudes, specifically white dudes, and it's very interesting how a forty seven year old man who tweets random things about, you know, setting stock price rounding up a stock price to four twenty because it's entertaining and making strange decisions and tweeting strange things. And again, accusing people of being pedophile. We treat that. It's kind of like, yeah, like boyish nature of Silicon Valley. When this man is again forty seven years old, and I also wanna make the point that you know the people have been talking a lot about the smoking, a blunt on podcast thing, and we just had. Shooting in Dallas of young man named Botham gene who was shot in his own home by police officer who is now claiming that she thought it was her apartment which, again is her claim and last night a FOX affiliate decided it would be a great idea. The publicized that there is a small amount of marijuana in his apartment, which one makes no difference to the fact that the young man was murdered by an off duty police officer who is again claiming that it was her apartment. It wasn't, but also this idea that Elon Musk smoking, a blunt on a podcast is like, oh, it's a concern for shareholders, but it's also like pretty entertaining. And let's look use it for gifts, but you know, for a young man was yet drug test their employees? Yes, yes. They guess their employees is and also, you know, this was grist for the mill for accusing essentially a dead man of perhaps being culpable in his own murder. But I just I think it's really important to say something about how in the specific way is how we talk about. In Moscow and how we talk about people who are not Elon Musk or non white people in general or not men. It's very different and bothersome, it is extremely weird. Getting back to what Matt was talking about earlier in terms of like companies that scale that we're talking about, someone who even in the most conservative analysis is responsible for the being of a lot of employees as if like it is just a celebrity thing, and there is no actual consequences for the actions. And this is just a show we're all watching. I think that it is healthier to talk about Elon Musk that way than to talk about Donald Trump that way. But there's a weird cognitive incidents in which Texas or simultaneously the people who are going to save the American economy and the thing that we should. We should all be teaching our children to code. We should be teaching them to think like entrepreneurs, you know, because that's the real leading edge and treating the people who actually do hold those roles as if they have no responsibility and just free to do what they like because they're. Talents are what is keeping me economy afloat, much more than their actual like work ethic or professional value or anything like that. That said. This is a function of the culture that has been built. I don't know that it actually does matter all that much if you on Musk's personally more Suber individual that says something about the extent to which people who are like Silicon Valley CEO's are swat in layers of privileged and forgiveness and resources that most human beings don't have, but I'm not sure if he'll on Musk's a person who's responsible for others who retreating if he isn't or feel on musk, actually isn't that responsible for others? Both of those are super weird. Indeed, as a bureaucratic rationalist could've note that we've got to wrap this one up here, but thanks for listening. Everybody.

Elon Musk editor in chief Donald Trump Silicon Valley Botham gene officer Silicon Valley CEO marijuana murder FOX Matt Texas Moscow Dallas forty seven years forty seven year seven years mill
"elon musk" Discussed on Vox's The Weeds

Vox's The Weeds

04:21 min | 3 years ago

"elon musk" Discussed on Vox's The Weeds

"But like when, you know for a fact that there is some much better way to do them that is already being done and that what could really be helpful would be for some diligent, careful people to like learn about that. Like let the diligent careful people do it right, and go do something else because there's this tough line to walk with like you have a vision for a new kind of car that seems successful, but also there's the logistical problem of building it like like that's hard man like. That's like, that's the hard stuff. So don't pile on like unrelated unnecessary, hard problems like that just seems crazy. And you just genuinely don't see anybody else acting like that, right. It's interesting, but I feel as if there's something to be said that that craziness and the fact that no one else is doing it is actually part of Elon Musk and therefore Tesla's appeal like their stock price has gone up somewhat over the last week or so. And there are many people who are big fans of this purely because we don't see it. You know, purely because you know, I've seen ten cook, speak, and you know, it's not riveting. But you know, it's the kind of thing that you're like, oh, you know, he runs a company, Elon Musk going on a podcast and smoking a blunt, and again, not inhaling like that's something you do not see. And I think that there is this notion that we have where something being different. Is interesting and it just, you know, that's just how people work. But I also think that that in itself, at this point, Elon Musk could not become Tim cook. That is not going to happen because part of what Elon Musk is best at is being Elon Musk. Then I think that that's an interesting challenge to be so inherently linked, not with just a company, but with a style of doing things that this is kind of baked in now and there's nothing really the board can do about it. There's nothing really people around him can do about it because it both works and doesn't work. And I think that that's a fascinating challenge. I am not an organizational sociologist, but I think that, oh, I mean, I'm not organizational sociologist, but I realized that this is in fact another ration- of the max paper thing that that Nike coming back to you on Friday weeds about charismatic, bureaucratic leadership, like it's not wholly implausible for an. Institution that is built around a charismatic leader to transition to bureaucratic leadership. It is a difficult problem and this is, you know, I know that there are people who have spent their careers working on this and who could probably talk about some trends of organizations that successfully make that leap. But it is very obvious that it requires a willingness to not be a as medical organization anymore, right? Like you need to have an understanding collectively that you want view organization to continue to persist after the person who started it. No longer is there or no longer exists or something like that, and that there's a certain amount of kind of conscious culture building that needs to happen and also a greater tolerance for the things that are going to make it less efficient for that person to get what they want because what they want is not what the company is there to serve anymore. I don't know that it is fully baked into the cake that tesla cannot survive without Elon Musk. I think that we have seen. Look, it would have been very easy for apple when it was rebuilt under, you know, the return of Steve Jobs to be a Steve Jobs Centric enterprise, maybe a little bit less easy because it had existed as a company without him before, but they're really work questions, went him cooked took over for jobs of lake weather. Apple could continue in the way it has and wilder questions about whether he's been as good. There hasn't been like, oh, apple is dead now because apple raised Steve Jobs. So it's possible, but it's difficult and it requires accepting that you're gonna piss off the person at the heart of the organization. I mean, like as reclined is not Elon Musk at all. One of the key differences between as rainy Lon musk is that when you guys started a website as RA was perfectly willing to not be the person making all the decisions..

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"elon musk" Discussed on Vox's The Weeds

Vox's The Weeds

03:59 min | 3 years ago

"elon musk" Discussed on Vox's The Weeds

"You really not supposed to lie about the financial situation of a publicly traded company and to say, I, it looks like he's going to get not into any major, major legal trouble with the SEC. But like if ding has not been secured for your move to take your company private you, but really not supposed to say that it has been and he does benefit a little bit. You know, sometimes Trump will tweet things and you'll be like if another politician had done that, geo, but like with Trump a little baked into the cake, musk has like said enough loopy stuff that people don't take it too seriously, but he. Puts them in this exquisitely delicate position where like just shutting up and doing your job is not an option now, but his efficacy as a like, I make you believe in this seems to be headed downhill. Something else that's important to note is that there is a board of directors that is supposed to kind of keep Elon Musk in check. The issue with tesla is that musk is the largest shareholder the chairman of the board, and obviously the most famous person involved with tesla. His brother is still a director, eight years after the company went public, even though his brother Kimball is a food entrepreneur, and in general, every effort by the board to try and do things like split the CEO in Sherman role and adopt proxy access, which would mean that shareholders could propose their own board candidates hasn't really worked and like there's been talk about appointing a chief operating officer that hasn't really worked, we'll win. It hasn't really work. Worked lake, the board has considered and rejected. Yes, because if the board were parent and Elon Musk were teenager, the board would be the kind of parent who says it's totally cool. If you drink at home as long as you don't drive afterwards, which is a type of parenting, but maybe not the ideal type of parenting for this particular example, I mean, or maybe it is because as Matt said, like tesla knows it as a public company, it's going to need an ongoing public performance. And like since musk is so closely tied to tesla as an identity, jettisoning musk would really raise questions about, okay, so like what are we investing in any way? But this is where I wanna talk about the head butting incident because in a world where Elon Musk Joe's head down and says, okay, I understand that tesla isn't really about me. It's about the car. I am not super confident that that world actually results in more cars getting on the road. You know, when we talk about the head ends at this was something that happened. A while back, but just kind of came out recently that must visited a factory and was observing cars rolling down the assembly line and got really upset at a safety sensor feature that stopped the assembly line when somebody got too close and it was like, you know, this is slowing down production. He was told, no, this is a safety issue. Can't you know there's going to be danger of someone's too close to it, and then must went and headbutted one of the cars on the assembly line to demonstrate that it wouldn't be a problem. If somebody ran into a car that was moving on the assembly line that like this safety issue was overblown, which is like, obviously both very eccentric thing for a human being to do and weird thing to do to one of your products, especially when you have production issues where supply meeting demand like, and also there would be risks to the car. There also win. Your product is known for having safety issues right sample with the summoned feature, which musk advertised in two thousand sixteen would allow you to be in New York and say, like. I would like my car to come to me and drive itself from Los Angeles and musk was like, it should work anywhere connected by land and not black by borders. This'll be great. This is a great idea. It has not been great and has resulted in so far like no major injuries or anything, but it hasn't worked quite as well as people have have ho..

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"elon musk" Discussed on Channel 33

Channel 33

05:07 min | 3 years ago

"elon musk" Discussed on Channel 33

"Hundred twenty dollars funding feel you have to say four twenty though you got a role with the vibe the tweet 'cause it was definitely like a weed reference, right? We'll yeah, right. Yeah, I'm gonna get into the weird Suryadi of his tweet. So basically Lon Musk's suggesting that he might take his company, tesla, private at four hundred twenty dollars share Tessa. Trading now ended in thirty dollars a share on NASDAQ and the funding that he's referring to the tweet according to the New York Times would come in part from an arrangement. He might strike with the Saudi government just normal stashes normal stuff that no one basically, but you'll musk knew about Intel alone must started tweeting about potentially taking his company private, taking his own corporate board by surprise and taking federal regular. Tres by surprise. He sort of created a mess. I'm gonna read one a read a bit of one story from the New York Times. The headline is, tesla directors do damage control after Elon Musk tweets. That's the name of our podcast. Hey, well, that's, I mean, that's how you end must ended up back in front of us again this week. So the time story reads, members of Tesla's board are scrambling to control chief executive who some directors think is out of control, and it goes on musk has continued to post messages on Twitter publicly, plotting the company's strategy. And in some cases, making a surgeons of dubious accuracy that is only added to the chaos and golfing struggling company. Tesla's board members are also racing to unoccupied themselves from the possible fallout from Mr. Musk's public statements. I love the phrase making a surgeons of dubious. That's like rich people code for lying. We'd how much media is coming up with you from his mom always involve at least one adverb and three words that are longer than ten fashions of dubious. Elon Musk is strange to me. He's a very dramatic man. He is a dictator Twitter now, which is unfortunate. I think it's kinda funny, but it's definitely unfortunate for him. Yeah, it undermines him a lot of ways, but it's also here's what I want to talk about with you. Elon Musk to my mind is a strange figure. He's not. He's not Steve Jobs, right? He's not Mark Zuckerberg, he's not a tech figure who you can sit of simplistically associate with the product that we all recognize sucker. The reason we talk about Zuckerberg is because Coburg is the CEO and founder of Facebook. We all know what Facebook is, and we all use Facebook same with St. the late Steve Jobs, right? Like, you know what? An iphone is. Great. That's your sort of American cultural totem for understanding why you're supposed to give a shit about Steve Jobs. Elon Musk is not that if I'm somewhere he's basically a fought leader. Like if I have to summarize his actual corporate footprint, Elon Musk is a guy who wants to go to space and who is drilling tunnels under Los Angeles, and he sells flame throwers as merch in his web store. He's really into hyperloop and he's. And then he like markets electric cars to Republican homeowners. Yeah, he's definitely like he's selling ideas more than products. Are weird products. Products are weird projects. I think that people have a really strong emotional connection to the idea of space exploration. And for a lot of his fans, he represents the like great South African creep hope for. For like the future of space exploration. I think that space, I think I think that space x more than anything else has sort of cemented his reputation or like because he is a crazy fan base like it. That's what's so weird to me. It's like the amount of passionate support that this strange is he a billionaire strange, extremely rich guy has managed to gather around himself is really weird. And yeah, I think it's probably connected to just the idea that he represents this like possible libertarian utopia on Mars that people are really into right now. I think it was. The space is half of it. I definitely think that the just we're going to space part is essential, but I think you're right. The second. I think the crucial part him having the sort of fandom he does is that it's a desire to go to space coupled with a very like bootstraps fought leader vibe that Elon Musk seems to be working with all the time and seems to have fashioned into being his personal narrative..

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"elon musk" Discussed on The WIRED Podcast

The WIRED Podcast

04:08 min | 3 years ago

"elon musk" Discussed on The WIRED Podcast

"We love getting your feedback and ideas. So please do podcast out wide Cody k with any thoughts that you have on anything that we discuss on this week show or any of the shows and still going to try this, send us something that you learned this we, we haven't had any yet. So if you have if you had, if you have learned something and I bet someone out there has do let us know what it is at what it coach k. and we'll read out the best facts into Mbai pocus listener each and every each and every week. Upon from if you don't someone in which case l. stop asking first story this week is about some guy. The people seem to be talking about a lot Ilan mousse cake. Most alone. What's happened, Vicky. Elvis has been opening his mouth again or should I say, typing on his keyboard taking to Twitter, his medium of choice once again, to get himself into a big mess. So what happened as you probably remember, one of the biggest news stories of the past few weeks we spoke about it on the cast last week has been the tight 'have rescue the twelve young tiebreakers and football coach who was stranded in a tie cave unable to get out when it's flooded that been there for a couple of weeks and after an international rescue effort, they will all miraculously brought to safety. Now, why? While the team will working do this Elon Musk step forward and started building a mini submarine of rugged pots that he thought might be able to help in the rescue attempts. He was pretty public about work. He tweeted photos videos and things like that in the end, the submarine wasn't used and the cave Davis managed to get everyone out. And that should be we should be finishing. Yeah, if only the story could end there, you know, but this is alone. So what happened next in an interview after the rescue, one of the rescuers named Vernon UN's with was pretty outspoken in his criticism of Elon Musk's submarine, which another at the rescue had also or said, was not practical for the mission. It just wasn't really appropriate for the situation. UN's with said that the sub was just a PR stunt and that it had no hope of working. And he said that Elon Musk can stick his submarine wear. It hurts. So you're, you're musk, someone's thrown some shade at you, but it's okay, you're, you're bigger than that. You can just let them have their moment, but realize that you'll still be on musk. You'll still billionaires even if you don't want people calling you on, it's fine, right? So just stop that. Ilan could probably use a friend let you James because musk ever fragile ego. Took to Twitter to denounce Unsworth. Remember this is one of the hair rose one of the rescuers of the boys. And he claimed again that his submarine could've saved the boys and he basically just seemed incredibly bitter that he sort of missed this opportunity to swoop in and be the savior of the story. But then to make matters worse and somewhat unbelievably, he called UN's with a Pedo guy with absolutely no evidence. This is a completely baseless not even accusation. It's one hundred percent force. Yeah, he had no reason to say this. He basically accused him of being a paedophile. So basically he said he would make a video to prove that his submarine actually would work in the cave and then fully with, sorry, pita guy, but you really did ask for it. And then when someone said, you know, hey alone, maybe that's a bit far. He doubled down and said bet. Yes, line dollar. It's true. Good. Lou nice. I mean, as we kind of went through that, I'm sure you're listening when we bought it up this. Could have stopped it anymore, but it just kept on escalating. There is no need for musk to be using this kind of language or even getting involved in these kinds of discussions. Yeah, he does time and time again, it's all a bit city, isn't it? I mean, someone should just take away his Twitter account. I think, but anyway, after a couple of days and a low of criticism, he gave an apology of sorts on Twitter, of course, which we took over the cat for kiss..

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