36 Burst results for "Elon Musk Musk"

Fresh update on "elon musk" discussed on Bloomberg Law

Bloomberg Law

01:04 min | 27 min ago

Fresh update on "elon musk" discussed on Bloomberg Law

"Florida wetlands the FBI issued an arrest warrant for laundry this week In connection with the death and disappearance of his fiance Gabby patito She was less seen in late August and her remains were found in Wyoming last Sunday The Oklahoma man seen with his feed on House speaker Nancy Pelosi's desk is pleading guilty to taking part in the January 6th riot at the U.S. capitol Brian shook has more Andrew Craig Erickson entered his plea via video conference on Thursday admitting to charges of parading demonstrating or picketing in a capitol building prosecutors say he took a beer from a refrigerator in the speaker's conference room He faces up to 6 months in prison when he sentenced in December I'm Brian shook The massive migrant camp of the U.S. Mexico border has been completely cleared out as many as 14,000 migrants mostly from Haiti had been camped out beneath a border crossing near Del Rio Texas in the past week I'm Brad Siegel And I'm Susanna Palmer in the Bloomberg newsroom China ever grand group's electric car unit said there is no guarantee it can pay its debt More from Bloomberg's Denise Pellegrini This statement confirms an earlier report by Bloomberg news that China ever ground new energy vehicle group had missed celery payments to some of its employees and fallen behind on paying a number of suppliers for factory equipment The carmaker had ambitions to take on Elon Musk in the electric vehicle sector But this new development could mean that the automaker will likely miss its target to start mass deliveries next year Denise Pellegrini Bloomberg radio A dramatic prisoner swap between China and Canada a Canadian court scrapped along running extradition case against a top Huawei technologies executive yesterday The Supreme Court of British Columbia let Meng wanzhou Huawei's chief financial officer go home to China This after Meng struck a deferred prosecution agreement with U.S. authorities to resolve criminal charges against her in return China released two Canadians It had been holding since mong was locked up in December of 2018 Prosecutors in Brooklyn had charged Meng with fraud accusing her of lying about Huawei's business dealings in Iran Marital de Blasio says held to a riker's island next week as the jail complex faces a staffing shortage and increased violence Staten Island councilman Joe barelli says he made an unannounced visit to the complex on Thursday night The conditions at Rikers Island were absolutely appalling for both correction officers and inmates alike Yesterday a federal court heard arguments from Steve J Martin the monitor appointed to oversee Rikers Island who for months has been sounding the alarm about deteriorating conditions at the city's jails 12 people have died while in custody of the Department of Corrections so far this year 5 of them.

Denise Pellegrini Gabby Patito House Speaker Nancy Pelosi Brian Shook Andrew Craig Erickson China Brad Siegel Susanna Palmer Bloomberg U.S. Bloomberg Radio Canadian Court FBI Wyoming Meng Wanzhou Huawei Del Rio Huawei Oklahoma Meng Bloomberg News
1st All-Civilian SpaceX Crew Launches Into Orbit

The Adam Carolla Show

01:03 min | Last week

1st All-Civilian SpaceX Crew Launches Into Orbit

"There at it. Elon musk space. Company made history wednesday after its first all civilian mission launched from cape canaveral florida. The mission is called inspiration for sent. Four civilians into orbit Got a geo. Scientists a us air force vet a physician's assistant who was also a cancer. Survivor and jared isaac men. He's the billionaire. Who purchased the flight to help raise money for childhood cancer. They'll be flying about one hundred miles higher than the international space station. They'll carry out some experiments you about balance and testing. Their blood will be there for three days. They're expected to splash down in the atlantic on saturday and they're not docking anywhere so they took the like basically the the sun roof off. You usually have that closed because that's dachshunds. So now they have this giant window above them and they're just like us overeating now. Yeah they went up this morning. We sorry yesterday yesterday.

Jared Isaac Elon Musk Cape Canaveral Us Air Force Cancer International Space Station Florida Atlantic
SpaceX Launches Four Civilians Into Orbit on Historic Inspiration4 Flight

THE NEWS with Anthony Davis

00:52 sec | Last week

SpaceX Launches Four Civilians Into Orbit on Historic Inspiration4 Flight

"Interference by american digital giants spacex is first private flight streaked into orbit on wednesday night with to contest winners a healthcare worker and they're rich sponsor the most ambitious leap yet in space tourism. It was the first time a space craft circled the earth with an all amateur crew and no professional astronauts. The dragon capsules to men and two women will be spending three days going around the planet from an unusually high orbit a hundred miles higher than the international space station before splashing down the florida coast this weekend. It spacex founder. elon musk's first entry in the competition for space. tourism. Dollars jared isaac. Mun is the third billionaire to launch this summer. Following the

Spacex Florida Coast International Space Station Elon Musk Jared Isaac MUN
Elon Musk’s Spacex Launches First All-Civilian Flight to Orbit

Wall Street Breakfast

00:24 sec | Last week

Elon Musk’s Spacex Launches First All-Civilian Flight to Orbit

"Elon musk's spacex on wednesday evening launched four civilians toward the deepest orbit. Americans have traveled to in more than a decade a falcon nine rocket with a crew dragon. Space capsule lifted off from launch pad at kennedy space center in florida just after eight. Pm eastern daylight time capsule is slated to return to earth after about three days. Lashing down off the coast of

Elon Musk Kennedy Space Center Florida
SpaceX Launches All-Civilian Crew on Inspiration4 Mission

WSJ What's News

00:37 sec | Last week

SpaceX Launches All-Civilian Crew on Inspiration4 Mission

"A successful launch last night. For elon musk's spacex and the inspiration for mission from the kennedy space center in florida. Four civilians including billionaire businessman jared isaac men will be orbiting about three hundred sixty miles above the earth. This marks the first time in all civilian crew is traveling to orbit on a mission arranged entirely by private parties. The capsule is slated to return to earth after about three days splashing down off the coast of florida.

Jared Isaac Elon Musk Kennedy Space Center Florida
Exploring Mars (MM #3827)

The Mason Minute

01:00 min | Last week

Exploring Mars (MM #3827)

"The NASA minute. With Kevin mason. Like many kids of the 60s and 70s, I was big into the space program and followed everything that NASA did, and of course, was able to watch our first men walk on the moon. But over the last few years, I know we've become obsessed with Mars, and what I don't understand is why do we want to colonize Mars? What's the point? I know Elon Musk is talking about going to Mars and we've got the Mars rover on Mars right now and they're Tapping into rocks are doing something. This week is the humans to Mars summit 2021 that you can watch live online and what are they going to talk about? Sending humans to Mars. Here's a suggestion, while I understand why we were so curious about the moon back in the day, why don't we worry about fixing what's wrong with our planet right now and stop worrying about going to Mars? I'm kind of concerned. Everybody is just so Mars hungry. The only Mars I care about is the Mars candy bar and I don't even care about that that much. I don't understand it sometimes. Maybe I'm just getting old and wanting us to spend money elsewhere. I know some people are all excited about it. It's just beyond me.

Kevin Mason Nasa Elon Musk
Exploring Mars (MM #3827)

The Mason Minute

01:00 min | Last week

Exploring Mars (MM #3827)

"The NASA minute. With Kevin mason. Like many kids of the 60s and 70s, I was big into the space program and followed everything that NASA did, and of course, was able to watch our first men walk on the moon. But over the last few years, I know we've become obsessed with Mars, and what I don't understand is why do we want to colonize Mars? What's the point? I know Elon Musk is talking about going to Mars and we've got the Mars rover on Mars right now and they're Tapping into rocks are doing something. This week is the humans to Mars summit 2021 that you can watch live online and what are they going to talk about? Sending humans to Mars. Here's a suggestion, while I understand why we were so curious about the moon back in the day, why don't we worry about fixing what's wrong with our planet right now and stop worrying about going to Mars? I'm kind of concerned. Everybody is just so Mars hungry. The only Mars I care about is the Mars candy bar and I don't even care about that that much. I don't understand it sometimes. Maybe I'm just getting old and wanting us to spend money elsewhere. I know some people are all excited about it. It's just beyond me.

Mason Minute Kevin Mason Baby Boomers Life Culture Society Musings Nasa Elon Musk
Elon Musk Says Tesla Is Working on Humanoid Robots

Dude Soup

01:20 min | Last month

Elon Musk Says Tesla Is Working on Humanoid Robots

"Yuan the muskrat moscow and some of his top engineers spent seventy eight minutes detailing how great their technology is at self-driving immediately. Afterwards he brought up a performer. Dress like a robot who bounced in shimmy to an electronic dance song. Yeah and it was a dancer. There was no android technology. Know this but the i in everyone else was confused as to why you would do such an insane. Thing weird yeah. Musk revealed his plans to build his own robot which is calling the tesla which only exist as the design plan currently and a person wearing spandex jumping burden. It's friendships tesla. Abo- can dead lift one. Fifty learn oh my god dangerous. It's not so that was that was the thing is i. Read the article. And there's very little information or or e lan spent a very small amount of time explaining what it could do it can do. Physical labor can do errands like chores and go to the grocery store for you or assembling. Perhaps is tesla working in a test. On

Tesla Moscow Musk
Elon Musk Doubles Down on A.I. Ambitions Despite Regulatory Scrutiny

WSJ Tech News Briefing

01:27 min | Last month

Elon Musk Doubles Down on A.I. Ambitions Despite Regulatory Scrutiny

"Tesla has been leaning into artificial intelligence as we've talked about on the show company's tapped ai to power assisted driving beecher's and eventually wants to use the technology in fully autonomous vehicles. But at the company's ai event last week ceo elon musk reveal. The tesla is going even deeper on. Ai you might have seen in your feed that. He unveiled a humanoid robot. We're setting it such that it is At a mechanical level at a physical level. You can run away from it and most likely overpowered here to break down. All of that is our reporter rebecca. Elliot hey rebecca. Thanks for joining me. Yeah thanks for. Having me amanda. Okay so tell us about this robot. What exactly is musk pitching here. So tesla introduced what it is. Calling the tesla bhatt on thursday and this is a human looking robot expected to be about five foot eight weighing one hundred twenty five pounds. The prototype elon. Musk said he thought would be ready. Next year Though what we saw on thursday was you know a human dressed in a robot costume dancing on stage. So you know make of that what you will.

Tesla Elon Musk Beecher Rebecca Elliot Amanda Musk
Senators Want FTC Enforcement on Autopilot

Tesla Daily: Tesla News & Analysis

01:43 min | Last month

Senators Want FTC Enforcement on Autopilot

"Aren't so pretty. Nice day for tesla stock today shaking off some of the red from earlier this week. Finishing up three and a half percent to six hundred eighty dollars ninety nine cents comparatively. The nasdaq was down nine. Tenths of a percent most of that drop happening in the last hour. Two hours of trading after the fed minutes came out so the minutes from the federal reserve's meeting today indicating that they are considering tapering off their monthly asset purchases sometime in the near term but obviously those things can and often do change so the market reacting to that towards the end of trading and tesla got pulled down a bit as well so pretty strong day for automakers just across the board today so we ejected on this yesterday but will check in again today probably for the last time this week but weekday performance so far tussles down about four percent a little bit less than four percent so far and actually now doing about a half a percent to full percentage point better than gm. Ford's atlanta's volkswagen and neo so despite all the coverage of the knits investigation. If you'd just slept through the first few days of the week which is actually not a bad strategy for an investor and you just looked at automaker performances we to date. You'd have no idea that there was investigation on tesla. And you'd probably say oh tesla's having a pretty good week relative to others so markets down today tesla up and that was despite reports that two. Us senators are currently urging the federal trade commission to open a probe into whether or not tesla used deceptive marketing practices involving drivers systems features which tesla of course calls autopilots and full. Self-driving that is per the wall street journal. They write quote in a letter to the head of the fdic. We con dated wednesday senators. Richard blumenthal of connecticut and ed markey of massachusetts said they have serious concerns about how tesla advertises. Its advanced driver assistance features. Which don't enable vehicles to operate autonomously. They took aim chief executive elon. Musk for some of his comments and quote.

Tesla FED Volkswagen GM Atlanta Ford Federal Trade Commission Richard Blumenthal Wall Street Journal Ed Markey Fdic United States Connecticut Massachusetts Elon Musk
NHTSA Launches Probe Into Tesla Autopilot System

the NewsWorthy

00:53 sec | Last month

NHTSA Launches Probe Into Tesla Autopilot System

"Tesla autopilot system is now under federal investigation regulator said they opened the case because at least eleven tesla vehicles have crashed into parked emergency vehicles including fire trucks and police cars. Since two thousand eighteen one woman was killed and seventeen others were hurt in these crashes. The investigation covers. All of the cars. Tesla has sold since two thousand fourteen officials with the national highway. Traffic safety administration will look for possible. Flaws and tesla autopilot system. That could make a dangerous if they find any issues. This federal agency could force tesla to install new safety features or issue recalls. Investigators say though especially focus on how the autopilot system make sure drivers are paying attention. Tesla does tell customers to keep both hands on the wheel and to watch the road but as the new york times reports tesla founder elon. Musk has been skeptical of the idea. That an autopilot system should be monitoring the driver and tesla continues to say it's autopilot feature is

Tesla Traffic Safety Administration Elon Musk New York Times
Crypto Industry Unites to Lobby Washington

WSJ Tech News Briefing

01:43 min | Last month

Crypto Industry Unites to Lobby Washington

"What do elon. Musk ashton kutcher. And jack dorsey having common. Well they're all cryptocurrency. Investors who over the last few weeks have joined together in a new lobbying effort pushing the senate to drop a provision from the one trillion dollar infrastructure. Bill that would strengthen tax enforcement for crypto transactions now investors in digital currencies and the companies that work in the industry typically haven't formed a united front but as government officials in regulators. Turn more active. I on the market. The industry is coming together to push for changes. They feel will help their industry joining us to discuss how these efforts are unfolding and what the industry might be looking to accomplish. Is that reporter julie by koets. Hi julie hi you know. The crypto currency market has been around for about a decade now. What lobbying efforts have been made in the past so there was an effort to do some education around twenty fourteen and that was mostly focused on bitcoin in fact bitcoin enthusiast setup a bitcoin foundation that was sort of their leading public policy advocates The problem there was as they were trying to persuade lawmakers and regulators that there was more to bitcoin than just what they'd heard about silk road and illicit financing human trafficking all the bad stuff associated with crypto currency. The foundation itself was facing all sorts of internal turmoil with personnel changes. Different investigations going on so that first effort just never really made much traction in washington they never really got it off the ground despite their

Musk Ashton Kutcher Jack Dorsey Elon Koets Julie United Front Senate Washington
The 'Liberal Leaning' Media Has Passed Its Tipping Point

Mike Gallagher Podcast

02:01 min | Last month

The 'Liberal Leaning' Media Has Passed Its Tipping Point

"We're talking about governor cuomo's resignation and i was just mentioning. That governor cuomo has been playing dirty politics for a long time. But i want to be fair and of course some republicans play dirty politics two. I'm not just confining this to the democrats and i know a lot of liberal counterarguments to what i'm saying would be well. Trump had that famous click on the boss a few years ago when that was horrible. But i'm not here to defend donald trump. What i'm here to point out is the disparity between the way that the media hammers and investigates trump. And how the media never hammered and never investigated cuomo and this. We we see this time and time again with conservatives hounded for things that the left gets a pass on how about this whole tax scandal that came out with trump a few months ago when everyone was up in arms saying that he paid only seven hundred fifty dollars and federal income tax. Meanwhile very few people know this. There was an irs report that was leaked that indicated that jeff bezos the richest man in the world elon. Musk the second. Richest man in the world and george soros all had multiple years where they paid zero dollars and federal income tax. The scandal is not that this happens. The scandal is that it's legal and the scandal is again that they will hammer trump and conservative republicans for things that they will not hammer the left for. Because if you are useful to the media they will protect you they were. They will overlook just about anything that you

Governor Cuomo Donald Trump Cuomo Jeff Bezos Musk George Soros IRS Hammer Trump
Elon Musk Shows off Fully Stacked SpaceX Starship and Super Heavy Rocket

The Great Outdoors

00:12 sec | Last month

Elon Musk Shows off Fully Stacked SpaceX Starship and Super Heavy Rocket

"Assembling its Starship Prototype rocket on top of the super heavy booster for the first time, the private companies pairing for its first orbital test flight of the two states Starship System. I'm John Mussolini. From the

John Mussolini
Bezos' Blue Origin Rebuffed in Contract Protest

News, Traffic and Weather

00:31 sec | 2 months ago

Bezos' Blue Origin Rebuffed in Contract Protest

"To space. Amazon founder Jeff Bezoza now wants to head to the moon, not him personally. But he's urging NASA to give blue origin a moon Lander contract and Says he and the company are willing to cover billions in research and development costs was a little kid. Astronauts inspired me things like this inspire kids, and that's a big deal. That's Bezos after returning to Earth last week. NASA has already awarded a Moon lander contract to Elon Musk's SpaceX. But Bezos's blue origin has filed a protest with the government Accountability Office. Jeff

Jeff Bezoza Nasa Amazon Bezos Elon Musk Government Accountability Offi Jeff
Elon Musk Compensation and Other Hidden Details From Tesla's 10-Q Filing

Tesla Daily: Tesla News & Analysis

01:57 min | 2 months ago

Elon Musk Compensation and Other Hidden Details From Tesla's 10-Q Filing

"Everybody ravn our here and today. We're gonna be talking about some details from tests ten q quarterly filing with the sec. Obviously we've talked about earnings. We've talked about the earnings. Call the ten q filing always tends to have a little bit more information. There's always some hidden details in there. So i do want to spend a little bit of time going through some of those topics that i find interesting One of those being the ceo performance award That you can see up here so before we even get into that just a heads up. I am actually traveling today. This is recorded in advance. And i'll be traveling. Tomorrow's also thursday and friday We'll do this today. And then friday. We're going to have the long overdue part two of the james down interview And then we'll get back to any news on monday so if there is any news. That's happening right now. a promise to cover that back As soon as i get back On monday so that being said let's dive into some of the details here. This is the just overview of the co performance plan. This is nothing new people. Probably seen this already on anything to do with the ten q here Budget as a quick refresher. How elon musk's compensation plan works is that there are these twelve tranches that get vested as different milestones are achieved their split into two sections both marquette milestones and then operational milestones. So on the top half year we've got the market cap milestones. You can see that those peak at about six hundred and fifty billion dollars are exactly six fifty. So i think all those have been achieved. Essentially tesla's knocked that out. What they're still working on these operational milestones. So you can see that there are sixteen of them down here half of them being revenue half of them being ebitda. So if we flip over here. I'm gonna i pull up the key. One ten q so tesla's quarterly first-quarter filing and just show how those operational milestones were coming along at that point. I you can see tesla had fully achieved One two three four five six of these and marked another two of them as being probab- probable For full recognition. Eli needs to get twelve out of the sixteen here.

SEC Elon Musk Tesla James ELI
How Important Is Broadband to the $1.2 Trillion Infrastructure Plan?

Marketplace Tech with Molly Wood

01:31 min | 2 months ago

How Important Is Broadband to the $1.2 Trillion Infrastructure Plan?

"Here. In washington including president biden are hoping debate on a one point two trillion dollar infrastructure. Package could start as early as monday. Just before the august recess senate republicans blocked a procedural vote to start that debate this this week pushing for more time to hammer out details. You've got the usual talk of roads and bridges. Yes but broadband access is another key part of the legislation with the draft showing sixty five billion dollars. Devoted to expanding high speed internet access across the country and details are starting to emerge about what form that might take. It's a topic for quality assurance where we take a second look at a big tech story. John hendel is technology reporter at politico covering the blow-by-blow. I mean this is kind of wonky. Dc battle but it's been about how fast broadband should be. That's been a key. Part of this from the gecko. The original plans you saw from many democratic lawmakers would have pushed for very fast speeds hundred megabits a second download and upload. This new draft does show slightly more modest goals. Why this matters is kind of what technology used to try to fix the digital divide many democrats would like fiberoptic cable. Lines laid down there. This would be future-proof this would be good for decades but that would also mean if you put these benchmarks in wireless companies some cable. Companies satellite broadband. Companies like elon musk's spacex day might not be able to bid for the money in the same way. So you've seen like a intense lobbying over

President Biden John Hendel Senate Washington Politico Elon Musk
Branson, Bezos, Musk: The Billionaire Space Race

Sky News Daily

02:40 min | 2 months ago

Branson, Bezos, Musk: The Billionaire Space Race

"Richard branson's being outed longer than the others. Seventeen years or so since richard branson. I announced his ambitions. Two thousand four. When virgin galactic was started. I think back then the intention walls within three or four years. They be doing what they've only just done now of of taking passengers into space but for him dates back and he. He talks about this a lot. Doesn't it back to nineteen sixty nine and watching the moon landing a teenager. We choose to go to the moon and and do the other thing not because they are easy being taken outside by his dad and the pointing up at the moon and realizing there were two men up there east folks at one of those men buzz aldrin in the nineties and and talked about the idea of using plane rather than a traditional rocket as so. The idea is been fermenting for a long time lot of setbacks on the way of course. I think a lot of us wonder whether this would ever happen. He's proved he can do it. And i think that for him is why this is so emotionally significant but also practically significant in a business sense as well. Let's go through the others then we go elon. Musk of tesla. Fame with space. X.'s dragon capsule and he's the best known for his space ambitions around the world. Think just because of his global profile that he has and has had a lot of success with the commercial side of this deals with nasa of taking things up into orbital space which of course is much further than branson or some of the tourism operations are going and has talked in perhaps much greater ambition. About what could be done. He's talked about colonizing mars. Easy said he wants to go to mars. he's also said people might die. Going to mars but ambitions seemed to be much bigger and grander than just space tourism. And someone who through his life has solve the big problems as he's seen them around the world and this is one he sees that needs to be solved by the private sector. Then making up the triumvirate. Jeff bezos of amazon fame. What of his ambitions. what's his rocket. Program is interesting isn't because he there's far less publicity with with. Jeff bezos a blue origin. The company that will take him into space has been around for twenty years so longer than branson's virgin galactic but his plans all rooted much further back than that he he talks of colonizing space of building these holds where trillions of people can live something. It's thought he took from a professor. He had at princeton physicist. Who came up with his idea in the seventies so he has these grand ambitions that pass. He doesn't talk about as much as richard branson alone. Musk but which are very rooted in in history and clearly having left amazon this is now his focus on taking humans where they where they've not come

Richard Branson Musk Of Tesla Virgin Galactic Aldrin Elon Branson Jeff Bezos Nasa Amazon Princeton Musk
Josh Linkner on his Book: Big Little Breakthroughs

The Remarkable Leadership Podcast

01:07 min | 2 months ago

Josh Linkner on his Book: Big Little Breakthroughs

"I asked me what the big idea of their book is but it seems to me that i should ask you. What's the big little idea of the book josh. That's exactly right. I'm glad you said that. So the title is big little breakthroughs. How small everyday innovations dr oversized results and the whole notion of it. It's sort of flips. Innovate what we think of innovation upside down. Most of us think that innovation only counts. If it's a billion dollar idea or changes the world most of us think that innovation is outside of our grasp if we're not elon. Musk or wearing a lab coat or something. How could we be innovative. And this is the opposite of very pragmatic approach helped everyday people become everyday. Innovators and the whole principle is instead of these wild swing for the fences. Risky bets is taking lots of small. Creative daily axe micro innovations and when we cultivate a lot of small ideas rather than shooting for the swinging for the fences. It's way less risky. It's way more accessible to us. All it is small winds add up to great big things and we're building critical skills at the same time so to me. It's a much more thoughtful approach to cultivate and deploy the superpower that we all have of human creativity.

Josh Elon
"elon  musk" Discussed on Reset

Reset

06:23 min | 3 months ago

"elon musk" Discussed on Reset

"And down. This is recode's ronnie. Mola she been reading lot of tweets from elon. Musk and has been paying attention to how it's been moving markets running and truly blessed. Hi adam so 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. So that's sort of one issue with tweets where the government can't get involved but lately we've been seeing. ilan moved. The price of bitcoin crypto currencies. What's happening there. Yeah he he's like not he's not an upper of to move the prices tesla. He's also now tweeting. A lot about cryptocurrencies in particular point and bitcoin. And every time he does so he sends the stock up or down in case of bitcoin. He's been tweeting a lot about the environmental impacts of it. He saying that they're no longer accepting bitcoin as payments every time he doesn't mean like that The price of bitcoin goes down. There's also been tweeting. Positively about those point. Sending the price does point up saying that he's going to work with doj coin developers to make it about air cryptocurrency key clear when alon said that tesla was going to start accepting bitcoin that sent the price of bitcoin way up and then he said they were gonna stop in that senate right back down. Doesn't outface at it made sense because it was weird that he said we're gonna accept bitcoin which is like notoriously bad for the environment. Tesla is eight electric car company. And then you know. He reneged on. That was like okay. No we're not going to accept it because it's bad for the environment some ways he's just like playing around. It seems it seems like he's playing around and there's not a teacher on the playground to stop him. Is that right because his parents bought the playground so they owe him okay right or i guess case a cryptocurrency like who is going to stop him. The crypto police right the the thing with currencies. It's not clear who is any. Us government body regulates at. It's it's unregulated. So he has a lot less to worry about with his crypto tweets than he does with ones for tesla so it sounds like we can expect this to keep happening is the last nike tweeted a medium and some text emoji about breaking up with bitcoin. Stock down something like five percents this morning so it doesn't seem like he's gonna stop he's having fun with it tweet. A lot tweets to express myself some people use their. He's not even just tweeting. About tesla and crypto. He's also like testing the waters with baby. Shark we did that. How much he loves baby. Sharpen how much it crushes that or something and that sent stock price of sohn's publisher up something like ten percent of my head. Why does this matter there. Are there consequences. It's easy for us to talk and joke about and certainly easy for yuan to but why should we pay attention to his tweets of crypto. This matter is because it's become much more mainstream So many more institutional investors and then just regular retail investors. You know people like you and me are investing in stuff like bitcoin and the price is all over the place. He's making people lose or gain lots of money with a single tweet. One of my coworkers said something. Like i lose two hundred bucks every time elon. Musk tweets about bitcoin so here we have someone who is often the richest person in the world tweeting and making others either richer reporter right it might be insubstantial to him but he is definitely messing with other people's wealth. There's also the issue of tesla having a lot of bitcoin so you can say that sort of unfair they were able to turn a profit last quarter. I leave because of selling bitcoin so he's able to make money on.

Tesla adam nike forty million dollars ten percent two hundred bucks Egon five percents alana twitter Musk Mola last quarter elon twenty about ten percent eight twenty tweet twenty million dollars each one issue
"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 Behind the Bastards

Behind the Bastards

05:41 min | 1 year ago

"elon musk" Discussed on Behind the Bastards

"From those incredibly horny products talking about the equally probably Horny Elon Musk but horny for business horny to save the world. That's Elon Musk in this period so as everyone I'm sure knows. Alon takes all his money from Ebay, and he throws it into Tesla SPACEX and his brother's business solar city. Ashley Vance's book. Good blow by blow account of how this all went down. If you're interested solar city next door to circuit city, yes. Yes. Yes party, city? Party city. Yes around the corner from both it's in the city block of Lincoln City. I don't know fuck. Tesla's started out as some other dudes electric car company so Elon. Musk didn't start. Tesla which is, should be obvious because it has a good name, and as we've learned. Elon Musk cannot name a business well but musk like the idea behind tesla pumped in a bunch of funding to become part of the business. He also introduced the founders to a genius Battery Building Engineer, whose research must could help fund, so he does get some credit at around the same time. Musk also started SPACEX, the company out of conversations and research that must. Must started to fund between a bunch of space nerds in essence. Ilan had money. He used a bunch of it together. A group of Smart Astro nerds together and get them talking the rough goal at first was to try and send mice to Mars and then send them back to Earth alive, which is a cool idea, the scientists. He was talking to thought that they could do this. Twenty Million Bucks The plane gradually evolved with the idea of building a robot greenhouse and launching it via rocket to Mars. The greenhouse would mix Martian soil with. Tiny bits of oxygen and in the Martian atmosphere would video feedback to so people? Could you know see plants growing on Mars which is a cool idea that would be a neat thing to see plants. To Watch that that's the most I've ever. Yes, so far in. Yes, what he's been inventing, I mean paypal. It's fine I guess no fuck it. It's a coup last night out this fucking space garden that sounds steer sell fuck you. Bring me a space tomato from Mars. I guess based tomato from. Mars, could. Honestly I would kick starter. Yeah and when you tell stories like that, you can see why space nerds fell in love with Elon Musk at this period. That's a fucking cool thing to to do. And it's a cool thing. If you have tens of millions of dollars to put money into since Ilan had a lot of money to spare like obviously, he could actually make this happen. He flew to Russia with a rocket scientist. He knew to see if the Russian government would sell him a rocket, and they were totally down to sell him a rocket, but they wanted way too much money so yeah, he decided to start spacex in order to make space travel cheaper and get mankind to Mars and gradually goal switched from. Space Garden to make it cheaper to get satellites into the air and provide shit to the ISS, which is like not a not cool thing to do, but not as cool the space garden..

Elon Musk Tesla SPACEX Ilan Tesla Lincoln City spacex Ashley Vance Alon Ebay genius Battery Building Engine Smart Astro ISS Russian government Russia scientist
"elon  musk" Discussed on The Glenn Beck Program

The Glenn Beck Program

01:54 min | 1 year ago

"elon musk" Discussed on The Glenn Beck Program

"NASA. Maybe that's because they've been the only player in this game. You know that that we know. Know of until now now that we have three companies involved, you gotTa Elon Musk's spacex you have. Is it blue origin with Bezos and Amazon and then you've got Virgin Atlantic, virgin space, or whatever they call that from Richard. Branson so now there are a bunch of companies trying to do this on a private business level, and so it's it makes it makes it Kinda interesting, but because it's the first time it's a little nerve. Wracking as well, yeah. I could see it and it's. The Elon Musk. Saga is fascinating for multiple reasons. You know beyond just the space part of it. Is a person. Everything's changing with this guy right now. We have a ticket sixty second break. Let's take a break. Come back on the other side and discuss the change. There's a new poll out showing that everybody's opinion is currently in the middle of changing on a Lotta mosque, and it's a partisan thing. It's a part of something yet again back in the second. Is the Glenn Beck. Program When you log into your computer, something weirdly good happens. Your password gets into asterix or DOTS. That's your computer doing you a favor by helping to keep prying eyes out of your information, but today in our connected world with new cyber threats discovered every single day. Personal information that you have that you think is private may not be you need the best protection. CYBERCRIMINALS can hack your connection and see what you're sending and receiving over, Wifi. Even if it is password protected, they can also use malware to turn your PC. Webcam on without you even. Even, knowing or steal your info from other devices. That's why there's Norton three sixty. It has a no log VPN with bank grade encryption safe. GAM tail blocked PC. Webcam takeovers and time security against existing and emerging cyber threats for all of your devices. Now nobody can prevent CYBERCRIME, but.

Ta Elon Musk NASA. Branson Glenn Beck Bezos Amazon Richard
"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 Vergecast

The Vergecast

03:49 min | 3 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..

Elon Musk Lon musk Steve Jobs Tesla apple Nike Tim cook lake weather
"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..

Elon Musk tesla Trump SEC director ding Los Angeles chief operating officer Matt Kimball chairman CEO Sherman New York eight years
"elon  musk" Discussed on Marketplace All-in-One

Marketplace All-in-One

04:03 min | 3 years ago

"elon musk" Discussed on Marketplace All-in-One

"In our interview, we talked a little bit about Elon Musk's war against shortsellers. A quick reminder, a short sale is basically a bet that the price of stock is going to go down and that you can profit by the decline in stock price. Tesla is right now the most shorted stock on Wall Street, partly because some investors think it's overvalued. That is something you on musk has actually admitted that he is benefiting from the high value of Tesla's stock, but partly because of some of the issues the company is facing the Elon Musk, however, says, people are not short-selling because tesla is in trouble. He and some tesla fans think it's actually a concerted effort to bring down. The company may be in order to profit on all of those short sales or maybe for some other reason, if enough people bet against the company, the stock prices will fall which could potentially bankrupt tesla. Now, I came across this idea from someone on Twitter who sent me a blog post about this theory. We will put that up. On our website, make smart dot org. But honestly, and thanks for Tweety me. I wanted to know if there was any truth to this argument. James Clooney manages a firm based in London called Jupiter asset management, and we asked him if he thinks the theory is plausible that there's essentially a conspiracy to take down tesla. I suspect there's some validity to it. It's a stunned practicing Mockus this even going to fund sea name predatory trading. It's a legal practice is also probably an ethical practice as well. They're all some papers written on the subjects of, is this an ethical fair thing to do? It's how markets work. And the article obviously is discussing this but saying, it's a bad thing to this happens. Well, actually, it's legal thing, probably a fair thing. It just is what it is. It is what it is. All right. Well, you Mosca is not loving that and has not been shy about calling out the shortsellers there. Certainly as this argument that that's the way shorts work, but it is unusual in some ways for CEO's to respond at the. Level that he has last month in response to investor shorting tesla musk, tweeted. They have about three weeks before their short position explodes. And like I said, typically companies don't want him bring attention to the fact that people are short selling their stocks, but that might be part of the plan. I think that there's a lot of storytelling going on, yes, storytelling, epic narrative. And in fact, according to James, the vision of tesla as a company is more exciting to both investors and clearly the media. If it can be told as this epoch story, the idea that Alan is overcoming so many obstacles to make his company as success. What is true is that this war of words and this epic narrative does have real financial implications. So both sides telling stories to try and get that argument to win the markets. Tesla I think is a reflexive share. The low of the share price goes the hot. It is for them to raise capital the hotter. It is for them to win. Against for GM, Nissan, etc. What happens in the stock market later effects, what happens in the real world? And that's a really interesting situation. That's why what's happening in the stock market is battle between fundamentalists and storytellers is actually important to real people in the real world, not just people who play the stock market. One thing I should know is that so far the shortsellers are losing here tesla, although it stock has fluctuated, and it has gone down. It's not down that much considering this flood of negative news. And of course, that stock is up about two hundred percents over the last five years. Tesla is going to report earnings on August. I, I suspect that will not call them the waters. In fact, just today as I'm recording this, the street dot com says, the stock is quote more polarizing than ever. And it's headline is that the tesla narrative is going off the deep end this summer, I think, frankly. Especially since it's shark week that feels like the safest way to characterize the whole thing. But.

Tesla Elon Musk James Clooney Mosca Twitter Mockus Tweety CEO Alan London GM Nissan three weeks five years
"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..

Elon Musk Twitter Vernon UN Elvis Ilan Unsworth l. Vicky football Davis Lou James one hundred percent