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Musk is building SkyNet
Nefertiti:
--- Quote from: Nefertiti on February 21, 2024, 10:55:11 AM ---
--- Quote from: Georgesoros on January 31, 2024, 03:20:42 AM ---His 56bil package was thrown out by the judge.
Like Trump am sure he will appeal all the way to Supremacy
Does this mean he loses his ultra wealth?
--- End quote ---
@Georgesoros I make the prediction half-awake that Elon Musk will/would win the 56B suit on appeal. Why?
1. "Conflict of interest"
Musk was not on the board when the deal was discussed. He had been stripped by the SEC over some other lunacy. Musk was and remains a legal employee of the company and entitled to negotiated benefits. If the board was incompetent or shortchanged that is not Musk's problem. But were they?
2. Public or "shareholder interest"
This is so objectively overblown by that Delaware court. A shareholder's interest is growth in value of their investment. Tesla value has risen from 50B to at least 500B. Musk compensation is a fraction of the gains - what "interest" is the litigant talking about?
3. Delaware interest
Majority of the vaunted Big Tech and many companies register in Delaware for the legal wiggle room it allows in corporate taxes, JVs, etc. This court decision is chopping the nose to spite the face. I don't need to check to know how many phone calls Delaware AG and politicians have made persuading Tesla and other companies not to bolt the state.
4. I am half as sleepy now - something about irreversible damage. The shareholder should have obtained a stay immediately the 56B deal was done. Musk already spent the cash to buy Twitter. 🙂. Most importantly, Musk already delivered his part of the deal -
[snoring]
--- End quote ---
Told you this is economic suicide attempt for Delaware
Tesla investors are flooding judge who threw out Elon Musk’s $56bn pay package with complaints about winning lawyers’ request for $6bn in company stock
--- Quote ---“Respectfully, I believe that this judgement is dangerous and misguided, extremely shareholder-hostile and sets a new precedent that will now mark Delaware going forward as being the state with the most business unfriendly environment,” Blake wrote.
Musk has encouraged other businesses to follow his lead and move to reincorporate outside Delaware, the corporate home to almost 70% of Fortune 500 companies.
--- End quote ---
https://fortune.com/2024/03/13/tesla-investors-flooding-judge-threw-out-elon-musk-56bn-pay-package-complaints-winning-lawyers-demand-6bn-stock/
Nefertiti:
Ranking by users not # of billions of parameters
Claude takes the top spot in AI chatbot ranking — finally knocking GPT-4 down to second place
https://www.tomsguide.com/ai/claude-takes-the-top-spot-in-ai-chatbot-ranking-finally-knocking-gpt-4-down-to-second-place
Nefertiti:
🙂 It's raining AI jobs
Zuckerberg calling Google employees, asking them to work for Facebook instead https://futurism.com/the-byte/zuckerberg-emailing-google-employees
Nefertiti:
Quadriplegic uses Neuralink implant to play video game with his mind
https://www.ign.com/articles/first-human-patient-to-receive-a-neuralink-brain-implant-used-it-to-stay-up-all-night-playing-civilization-6
Nefertiti:
--- Quote from: Nefertiti on January 30, 2024, 02:30:27 PM ---If RV Punda the local charlatan had a working braincell, he'd have retained his AI startup for a few years as AI peaks. At least sell out abit later like OpenAI. Look at the meteoric rise of Nvidia into Trillion-dollar club of five: Microsoft, Apple, Alphabet, Amazon, Nvidia.
Meta and Berkshire Hathaway are within striking distance:- Meta has some skin in the game with FB, IG, WhatsApp data - and their AI team has Torch, PyTorch, AngularJS, etc - notable AI platforms. And of course Llama LLM which is serious ChatGTP and Bard rival.
Berkshire Hathaway has some significant stake in BYD... which is running circles around Tesla in China, APAC and Europe. And soon BYD will take over Africa and Global South. Because they have cracked battery tech and are vertically integrated with a chokehold on global battery supply chain.. which enable them to clobber Tesla on price.
Yeah - Berkshire is near Trillion-dollar club cause stake in BYD, Apple.
But how come Tesla is worth 7- or 10X as much as BYD?
Well, BYD may be able to mint cheap EVs by owning the battery-auto supply chain. But Tesla has Energy game too - with mega-packs feeding the grid in California, Texas, Australia, etc - which feed the Tesla superchargers for their EVs and even Ford or Uber EVs - complete with home- installable "power-walls" or solar panels. Tesla with EVs, superchargers, grid-supplying megapacks and the panels - is in fact a "smart grid" or IoT ecosystem.
Hold on. Musk has Twitter/X data and xAI with just Grok LLM for now. Tesla is also working on Optimus - a humanoid robot. It will improve rather quickly with vision capabilities from Autopilot and language capabilities from xAI.
Hold on. SpaceX Starlink has global constellation of LEO satellites. Which connects all that stuff globally.
Hold on. Neuralink just released "Telepathy" brain-chip. The objective is a pluggable earbud that can connect humans, swines, gadgets, cars, robots, homes, etc to the SkyNet grid.
Did I mention the Boring Company? A "Road OS" tunnel network under the city.
So the kicker is that "Tesla Mobile" - the near-future Musk has been selling of Level 5 cars on Uber-esque network - is buoyed by the smart IoT ecosystem - a complete circle that noone else can muster without big multi-company partnerships.
This justifies the Tesla 5- or 10X vs Toyota or VW or BYD valuation. And the Regular RV Pundit or Georgesoros cannot see beyond their nose. So they insist that Tesla is "waayyy overlued". Do you really think the market is that stupid?
Tesla seems to be struggling with Autopilot or get outpriced by BYD. But personally I foresee it hitting 1, 2- 3Trillion-dollar club. If it doesn't go private soon.
--- End quote ---
Tesla is in deeeep trouble - according to Wall Street. Ha!
FREE ADVICE - WHEN TESLA HITS $150 BUY!!! It will course- correct soon after once the mist clears. Cause ecosystem.
You get it right? Starship just hit all the milestones for pre-flight. And will soon skyrocket - and unlock capital and goodwill to escalate Starlink. Which will mean more HD map data for Autopilot,...
When the "Tesla Mobile" network effect kicks in Tesla will be neck and neck with Nvidia and Microsoft. Tesla is in AI, robotics, energy game with everyone - except as unbeatable vertical integration. Awesome synergy and symbiosis. But some analysts think it's behind the curve... 👀🤔
'As negative as we have seen in the last few years': Why a number of Wall Street analysts are souring on Tesla
Filip De Mott Mar 29, 2024, 5:06 PM GMT+3
--- Quote ---Tesla's full self-driving could add $40 per share, Bernstein said, but noted that the pricing would be competed away, as Tesla is not alone in pursuing FSD. The company is already behind in robotics, AI, and the robotaxi service.
--- End quote ---
https://markets.businessinsider.com/news/stocks/tesla-stock-outlook-downgrades-elon-musk-growth-deliveries-price-cuts-2024-3
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