Elon Musk

Never trust a man who pays cock tax twice to the same woman

Elon Musk pays a lot of cock tax

Elon Musk pays a lot of cock tax

Elon Musk must be really dopey, I mean really dopey. Sure he’s worth billions but he has paid cock tax twice to the same woman.?On top of that, he has five kids to a previous wife.

That is a great deal of cock tax.

So, one must be wary of someone who has paid cock tax to the same woman twice and to another woman.

Another warning sign is if his business is built upon subsidies, hope, prayers and good luck.

ELON MUSK, a serial Silicon Valley entrepreneur, has become one of the most famous tycoons in America. He builds electric cars, launches rockets and installs solar panels. And he dreams bigger than almost anyone else, with plans to populate Mars and create a ?hyperloop? that would allow high-speed travel along America?s west coast. But lately concerns have been raised about his finances. A plan to merge Tesla, Mr Musk?s car firm, with SolarCity, his struggling energy company, is controversial on Wall Street. Jim Chanos, a hedge-fund manager who helped rumble Enron, says Mr Musk is in financial trouble. Far from conquering planets, some fear that Mr Musk has become like Icarus, who flew too close to the sun. Can his empire stand the heat? ?? Read more »

It’s a pretty fine line between nuts and genius

And I think Elon Musk has now crossed over that line:

Tesla and SpaceX CEO Elon Musk claimed that there is only a ?one in billions? chance we are?not living in a Matrix-style computer simulation at Recode?s annual Code Conference this week.

?The strongest argument for us being in a simulation probably is the following: Forty years ago we had Pong. Like two rectangles and a dot. That was what games were,? said Musk.

 

Now, 40 years later we have photorealistic, 3D simulations with millions of people playing simultaneously, and it?s getting better every year. Soon we?ll have virtual reality, augmented reality.

If you assume any rate of improvement at all, then the games will become indistinguishable from reality, even if that rate of advancement drops by a thousand from what it is now. Then you just say, okay, let?s imagine it?s 10,000 years in the future, which is nothing on the evolutionary scale.

So given that we?re clearly on a trajectory to have games that are indistinguishable from reality, and those games could be played on any set-top box or on a PC or whatever, and there would probably be billions of such computers or set-top boxes, it would seem to follow that the odds we?re in base reality is one in billions. ? Read more »

The crony capitalism of electric cars

Eric Peters discusses the crony capitalism of Elon Musk:

If Elon Musk?s various projects are so fabulous, why do they all need government ?help??

Musk will tell you all about the virtues of his Tesla cars. They are sleek and speedy. This is true. But they are also very expensive (the least expensive model, the pending Model X, will reportedly start around $35K, about the same price as a luxury sedan like the Lexus ES350).

The real problem with Tesla cars is that no one actually buys them. Well, not directly.

Their manufacture is heavily subsidized ? and their sale is heavily subsidized. Either way, the taxpayer is the one who gets the bill.

On the manufacturing end, Tesla got $1.3 billion in special ?incentives? from the state of Nevada to build its battery factory there. This includes an exemption from having to pay any property taxes for the next 20 years. Another inducement was $195 million in transferable tax credits, which Tesla could sell for cash. California provides similar incentives, including $15 million to ?create jobs? in the state.

Tesla does not make money by selling cars, either. It makes money by selling ?carbon credits? to real car companies that make functionally and economically viable vehicles that can and do sell on the merits ? but which are not ?zero emissions? vehicles, as the electric Tesla is claimed to be.

Laws in nine states require each car company selling cars in the state to sell a certain number of ?zero emissions? vehicles, else be fined. Since only electric cars qualify under the law as ?zero emissions? vehicles ? and the majority of cars made by the real car companies are not electric cars ? they end up having to ?purchase? these ?carbon credits? from Tesla, subsidizing Tesla?s operations.

The amount Tesla has ?earned? this way is in the neighborhood of $517 million.

Read more »

Billion in subsidies to Tesla, the biggest corporate bludgers in the world

Any business that relies on corporate welfare and subsidies for its customers is no business at all. The shame is that Elon Musk has gotten wealthy off the back of billions of subsidies.

Los Angeles entrepreneur Elon Musk has built a multibillion-dollar fortune running companies that make electric cars, sell solar panels and launch rockets into space.

And he’s built those companies with the help of billions in government subsidies.

Tesla Motors Inc., SolarCity Corp. and Space Exploration Technologies Corp., known as SpaceX, together have benefited from an estimated $4.9 billion in government support, according to data compiled by The Times. The figure underscores a common theme running through his emerging empire: a public-private financing model underpinning long-shot start-ups.

“He definitely goes where there is government money,” said Dan Dolev, an analyst at Jefferies Equity Research. “That’s a great strategy, but the government will cut you off one day.”

Read more »

Are Elon Musk’s cars really going to save the planet?

Bjorn Lomborg says no:

As Elon Musk presented the new Tesla 3, a fawning press announced that the ?world-changing car? could ?dominate? the market. Within days, 276,000 people had put down $1,000 to pre-order the car.

But the Model 3 doesn?t exist yet. There is no final production version, much less any production. Musk is ?fairly confident? that deliveries could start by the end of 2017. But?running on schedule isn?t Tesla?s strong suit. Meanwhile, Tesla?s current best-seller has been?plagued by quality problems.

All of this might just be another iPhone vs Galaxy conversation ? except that these vehicles are hailed as green saviours and so are subsidised to the tune of billions of pounds.

Before?unveiling the car, Musk sanctimoniously declared that Tesla exists to give the planet a sustainable future. He pointed to rising CO? levels. He lamented that 53,000 people die from air pollution from transportation. Tesla, the story goes, is a lifesaver. Like other electric cars, it has ?zero emissions? of air pollution and CO?.

But this is only true of the car itself; the electricity powering it is often produced with coal, which means that the clean car is responsible for heavy air pollution. As green venture capitalist Vinod Khosla likes to?point out, ?electric cars are coal-powered cars?.

If the USA had 10 per cent more petrol cars by 2020, air pollution would claim 870 more lives. A similar increase in electric ones would?cause 1,617 more deaths a year, mostly because of the coal burned.

Read more »

His cock tax bill just got larger

Elon Musk is tweeting up a storm, increasing the value of his company and also the cock tax he is going to have to pay to his ex-wife:

Elon Musk, the billionaire technology entrepreneur, has announced a “major” new Tesla product line that is “not a car”, in a cryptic tweet which has left millions guessing.

The CEO’s news sparked the hashtag #TeslaNewProductGuesses, with guesses ranging from a time machine to a real-life Iron Man suit.

Shares in the electric car jumped to nearly 4 percent in just 10 minutes ? adding a staggering $900 million (?600 million) to the company?s market cap in just 115 characters. The tweet went out to his 1.9 million followers and had thousands of retweets within an hour. ? Read more »

Smug cars for Smug owners

http://youtu.be/jxBje9jSyIM

With petrol prices falling you’d think there would be a drop off in purchases of smug powered cars.

But it appears this isn’t the case, even though they are horrendously expensive.

It seems smug people still like buying smug cars.

People buy vehicles for all sorts of reasons. They buy because the vehicle meets their utility?a pickup truck for a handyman, a van for a big family, a Lincoln Town Car for a professional driver. Some make decisions based on fuel efficiency and low cost. But as is often the case with consumer products, many people make vehicle purchase decisions based on how the product makes them feel, or how it makes them look. In the U.S. in particular, the car you drive is a means of expressing your identity. ? Read more »

This is the man we are trusting with the future of electric cars?

Cock tax is evil and men are stupid.

But none are more stupid than Elon Musk who has divorced his wife for the second time.

When the South African billionaire Elon Musk split up with his wife Talulah Riley for the first time, he told the whole world.

“It was an amazing four years. I will love you forever,” the entrepreneur tweeted to the British actress in January 2012. “You will make someone very happy one day.”

Eighteen months later, that happy person appeared to be him as the couple tied the knot again in July 2013.

Yet the rekindled romance did not last. On Wednesday – the day many people make vows for the coming year – the couple officially split up for the second time. Mr Musk filed for divorce in a Los Angeles court on New Year’s Eve.

The couple said they were splitting amicably and that Mr Musk agreed to give Riley $16 million in cash and other assets as part of a financial settlement, according to a joint statement. The divorce papers said property would be split based on a prenuptial agreement.

The couple first wed in 2010. They had no children together, but Mr Musk has five sons from a previous marriage. ?? Read more »

Don’t make him angry. You won’t like it when he’s angry

Watch a Tesla Model S being made

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