Elon Musk

[Dan Warnick + 6,100]

Thought it would be good to start a thread on Elon Musk, and the following article may be a good conversation starter:

What Companies Does Elon Musk Own?

Short list of companies:

1. Tesla
2. SpaceX
3. The Boring Company
4. Neuralink
5. OpenAI
6. Honorable mention: X.com (now PayPal)

Does anyone know of other companies Elon is connected with?  What about possible takeovers he may be planning or involved with?

[Dan Warnick + 6,100]

Here is a great article about the man and his missions.  Some interesting thoughts:

1. Where would these industries be without an Elon Musk? 
2. How much of it would even exist if he hadn't come along? 
3. How much of it would die if he were to cease to be?

From Energy To Transport To Healthcare, Here Are 8 Industries Being Disrupted By Elon Musk And His Companies

Elon Musk is CEO of Tesla and SpaceX, has plans to colonize Mars, and thinks AI may turn humans into its pets. But beyond the hype, his enormous net worth, and Twitter presence, here's how Musk's companies are actually taking on 8 industries. 

Elon Musk thinks and acts on a larger, more cosmic scale than we’re accustomed to from entrepreneurs. Elon Musk has become a household name synonymous with the future.

Whether he’s working on electric vehicles (Tesla) or sending rockets into space (SpaceX), his larger-than-life reputation attracts its fair share of attention — and scrutiny.

His main projects take on almost every major industry and global problem conceivable, and imagine a disruptive fundamental rewiring of that space or sector.

We take a look at the state of his companies and how they are — or aren’t — transforming the industries in which they operate:

1. Automotive: Tesla has boomed in 2020. We take a look at the company’s rocky history and how Musk has propelled Tesla to become the most highly-valued carmaker in the world.
2. Aerospace: Find out how SpaceX plans to build a “freeway” to Mars by reducing the cost of flying a spaceship to a fraction of what it is today, and to harness rocket technology for earth travel as well.
3. Telecommunications: Musk’s work in space could revolutionize how we get online, and provide fast, affordable internet for those without access.
4. Energy: According to a utilities lobbying group, Musk’s efforts with Tesla and SolarCity could “lay waste to US power utilities and burn the utility business model.”
5. Transportation: We analyze the Hyperloop, Musk’s proposed “fifth mode of transportation” that’s a “cross between a Concorde and an air hockey table,” and the progress that’s been made.
6. Infrastructure/Tunneling: We look at how Musk’s Boring Company is trying to cut costs in the notoriously expensive tunneling industry, where a mile of tunnel can cost $1B to dig and each additional inch in diameter costs millions more.
7. AI: We investigate why Musk, who is certain that the race for AI superiority will be the “most likely cause” of WWIII, is investing so much into building better AI.
8. Healthcare: We dig into the high-bandwidth, minimally invasive brain machine interfaces that Neuralink is developing to create futuristic humans.

Edited December 3, 2020 by Dan Warnick

[Rob Plant + 2,605]

He certainly has many fingers in many pies and seems to jump on new tech very early. He also seems to have an inane ability to see opportunity where others dont and then drive those ideas to be groundbreaking.

On the Hyperloop he may have some catching up to do on this entrepreneur however:-

Richard Branson’s Virgin Hyperloop creates history: Completes first test ride with top executives

https://www.uktech.news/news/richard-bransons-virgin-hyperloop-completes-first-test-ride-20201110

[Dan Warnick + 6,100]

44 minutes ago, Rob Plant said:

He certainly has many fingers in many pies and seems to jump on new tech very early. He also seems to have an inane ability to see opportunity where others dont and then drive those ideas to be groundbreaking.

On the Hyperloop he may have some catching up to do on this entrepreneur however:-

Richard Branson’s Virgin Hyperloop creates history: Completes first test ride with top executives

https://www.uktech.news/news/richard-bransons-virgin-hyperloop-completes-first-test-ride-20201110

Well, then, that's impressive!  I suppose it's fair to see what Elon's company and others are doing on this.

What is Hyperloop? Everything you need to know about the race for super-fast travel

[specinho + 439]

3 hours ago, Dan Warnick said:

Does anyone know of other companies Elon is connected with?  What about possible takeovers he may be planning or involved with?

7. block chain industry

8. and online trading web

9. start up companies, one on chips needed by tesla; one might be on 5G

10. battery

[Dan Warnick + 6,100]

1 hour ago, specinho said:

7. block chain industry

8. and online trading web

9. start up companies, one on chips needed by tesla; one might be on 5G

10. battery

There are some great ways to use block chain tech, even in aviation.  I'm concerned about how it could be abused in the financial world, though.  Can anyone expound on this tech and in these areas?

[Ward Smith + 6,615]

32 minutes ago, Dan Warnick said:

There are some great ways to use block chain tech, even in aviation.  I'm concerned about how it could be abused in the financial world, though.  Can anyone expound on this tech and in these areas?

Almost impossible to "counterfeit" Blockchain coins. Its one claim to fame is the chain of mathematical custody. The supposed annonymizer function is weak, and probably should be. Then there are the copies. Chance for abuse? I'm sure someone will come up with something. 

[Enthalpic + 1,496]

8 hours ago, Dan Warnick said:

I'm concerned about how it could be abused in the financial world, though. 

Bitcoin "currency" is the money of criminals.

Governments like control and therefore hate bitcoin; eventually its use will be restricted.

Edited December 4, 2020 by Enthalpic

[Dan Warnick + 6,100]

Into the thinking about Covid and other current affairs, from Elon.

 

[specinho + 439]

On 12/4/2020 at 3:17 AM, Dan Warnick said:

There are some great ways to use block chain tech, even in aviation.  I'm concerned about how it could be abused in the financial world, though.  Can anyone expound on this tech and in these areas?

Blockchain, a digital ledger of transactions taking place in a peer-to-peer network, can record each time a part is installed or removed from an airplane. It can also capture how long the part being replaced was in service and the identity, location and credentials of the technician performing the repair.

How Blockchain in Aerospace can improve efficiency: PwC

 

To put it simply, it is a replica of banks and their operating systems ..........  that the world bank, IMF, UN and the group paid astronomical sum to acquire ( what they might already have with a nominal fee.................)

[Dan Warnick + 6,100]

14 minutes ago, specinho said:

Blockchain, a digital ledger of transactions taking place in a peer-to-peer network, can record each time a part is installed or removed from an airplane. It can also capture how long the part being replaced was in service and the identity, location and credentials of the technician performing the repair.

How Blockchain in Aerospace can improve efficiency: PwC

 

To put it simply, it is a replica of banks and their operating systems ..........  that the world bank, IMF, UN and the group paid astronomical sum to acquire ( what they might already have with a nominal fee.................)

Yes, for aviation in particular, it will be a great thing for parts tracking.  A cradle to grave tracking system that will take a lot of the confusion and expense out of records keeping.  It will also put a whole lot of people out of business that make their living doing those jobs now.  Ouch!

[specinho + 439]

On 12/4/2020 at 2:07 PM, Dan Warnick said:

Into the thinking about Covid and other current affairs, from Elon.

not sure if these two are the same person from the one you have shown?? Voice, hair, face shape, body shape, hunch..........??

 

 

Edited December 5, 2020 by specinho

[Dan Warnick + 6,100]

If this guy keeps going, he'll be able to build himself a golden stairway to Mars!

Elon Musk is the world’s richest person

Musk will earn even more Tesla stock if he hits revenue and profit targets.

Y B. LEE - 1/8/2021, 5:59 AM

Enlarge / Wealth.

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Elon Musk has become the world's richest man, surpassing previous record-holder Jeff Bezos, according to CNBC. Musk is now worth more than $180 billion.

Musk's rising wealth reflects the meteoric rise of Tesla's stock. The company's share price closed at $816 on Thursday, up almost 8 percent for the day. That share price values Tesla at almost $800 billion—several times more than any other car company.

CNBC says that Musk's rise to become the richest man in the world is the fastest in history. At the start of 2020, just over a year ago, Musk was worth only $27 billion. At the time, Tesla stock traded for less than $100 (adjusting for a 2020 stock split).

The stock increased to more than $700 over the course of 2020. Then, in the first week of 2021, it rose above $800.

Big paydays ahead

Musk will become even wealthier in the coming years if he is able to grow Tesla's revenue and profits. A risky but generous pay package approved by shareholders in 2018 offers Musk up to 12 grants of stock options if Tesla reaches certain milestones for the company's valuation, revenue, and profits. So far, Musk has qualified for four of the 12 payouts.

To earn the first payout, Tesla's stock needed to rise to $100 billion and Tesla needed to reach a certain threshold of either revenues or profits. Musk became eligible for a second payout when Tesla reached a value of $150 billion—again along with a revenue or profit target. This process continues until the 12th payout, for which Musk qualifies when Tesla's market value rises to $650 billion and Tesla reaches higher revenue and profit targets.

The revenue and profit rules are a bit complicated, but for example, Musk will get all 12 awards if Tesla achieves revenues of $175 billion and profits of $6 billion over a one-year period. Between Q4 2019 and Q3 2020, Tesla earned revenues of $28 billion and profits of $550 million. So Tesla will need to grow substantially before Musk gets all of these payments.

If he qualifies for these payouts, they will add substantially to Musk's wealth. Each option award entitles Musk to purchase 1 percent of Tesla's shares at a deeply discounted price. So if Musk earns all eight remaining awards, they will add tens of billions of dollars to his net worth.

There's little mystery about how Musk wants to use his tremendous wealth: he's determined to send human beings to Mars. His other company, SpaceX, is hard at work developing Starship, a rocket built to enable interplanetary travel. Starship is designed to dramatically reduce the cost of getting people and cargo into space and between planets—perhaps enough that someone with a net worth of more than $200 billion could personally finance a significant Mars program.

 

[Boat + 1,315]

A couple sites on YouTube covering Musk were talking about different possible ventures supplying battery ingredients up to and including mining. The scale of electric vehicals is still tiny but within a couple of years resourses supply could tighten and prices jump. Minerals like cobalt, lithium, nickel, graphene and silicone all have supply chains for a couple million electrical vehicals but 20 million by 2030 is a different animal.

Then there is the massive buildout of battery storage for the grid. Add to that battery storage capacity for housing. The world will need hundreds of these mega type battery factories and Elon has the jump in tech and scale at least for the next 3-5 years. That is an estimation of course.

If you look beyond 2030 the market for batteries will be astronomical. The transportation market is 90 million per year and growing. Now is the time to go worldwide and secure your materials if your a player like Musk. 
 

Should GM have been in the drilling business, pipeline business. Refinery business, shipping business, pipeline business, distribution business along with its car business. Welcome to Musk think.

 

Edited January 8, 2021 by Boat

[Dan Warnick + 6,100]

Came across this video of Elon's sarcasm.  There's a sort of a shout-out to @Dan Clemmensen at about the 6:02 mark, and ends with the line "Recently it's been more effective".  

 

 

[Dan Clemmensen + 1,011]

2 hours ago, Dan Warnick said:

Came across this video of Elon's sarcasm.  There's a sort of a shout-out to @Dan Clemmensen at about the 6:02 mark, and ends with the line "Recently it's been more effective".  

 

🙂 Elon spoke of "the snake" before I mentioned the same thing here. I thought of it independently, but then learned that the Tesla Fanbois have been calling it "the snake" for quite awhile. I haven't heard that Tesla really intends to design and produce it. However, VW has apparently actually prototyped a much more elaborate automated plugin charging system with robots wandering around an entire parking garage. I think this is a dumb idea since EVs are already capable of moving from a parking space to a charging station, so just automating the charging station and putting it plus all the EVs under central control would be a whole lot cheaper and easier, especially for high power (250 kW) chargers. I just want the very low-end version for my garage at home.

[Boat + 1,315]

Building tunnels under cities seems to be the direction vrs the loop. 
https://www.businessinsider.com/elon-musk-boring-company-las-vegas-tunnel-opening-party-fallout-2021-1?amp

 

[Boat + 1,315]

On 12/3/2020 at 8:18 AM, Dan Warnick said:

Thought it would be good to start a thread on Elon Musk, and the following article may be a good conversation starter:

What Companies Does Elon Musk Own?

Short list of companies:

1. Tesla
2. SpaceX
3. The Boring Company
4. Neuralink
5. OpenAI
6. Honorable mention: X.com (now PayPal)

Does anyone know of other companies Elon is connected with?  What about possible takeovers he may be planning or involved with?

[Boat + 1,315]

These other manufacturers advertise. Tesla does not. Kinda gets more R&D money for the buck in comparison. Interesting chart.

[specinho + 439]

On 1/8/2021 at 7:49 AM, Dan Warnick said:

If this guy keeps going, he'll be able to build himself a golden stairway to Mars!

Elon Musk is the world’s richest person

Musk will earn even more Tesla stock if he hits revenue and profit targets.

Y

Aurich Lawson vs. Disney

• Elon Musk has become the world's richest man, surpassing previous record-holder Jeff Bezos, according to CNBC. Musk is now worth more than $180 billion.

Musk's rising wealth reflects the meteoric rise of Tesla's stock. The company's share price closed at $816 on Thursday, up almost 8 percent for the day. That share price values Tesla at almost $800 billion—several times more than any other car company.

CNBC says that Musk's rise to become the richest man in the world is the fastest in history. At the start of 2020, just over a year ago, Musk was worth only $27 billion. At the time, Tesla stock traded for less than $100 (adjusting for a 2020 stock split).

The stock increased to more than $700 over the course of 2020. Then, in the first week of 2021, it rose above $800.............

There's little mystery about how Musk wants to use his tremendous wealth: he's determined to send human beings to Mars. His other company, SpaceX, is hard at work developing Starship, a rocket built to enable interplanetary travel. Starship is designed to dramatically reduce the cost of getting people and cargo into space and between planets—perhaps enough that someone with a net worth of more than $200 billion could personally finance a significant Mars program.

 

 

 

Opening up Tesla stock for public has been common to generate investment fund intended or profit sharing with the public. By taking in money, the company has the responsibility to make sure the investors, big or small, are profiting with it. Hence, allowing dividend pay out and allowing cash out with stocks held, especially to the small market  players, especially during lock down, for basic necessities, would prove the company is responsible.

If, by any chance, money is only taken in, at all prices of share, without substantial benefit to the investors, this could be a risky condition. Together with the badge of other elite techies, the whole established financial market could be collapsed.

Government is weak, seeing and not seeing. The social costs after that would be astronomical.....