fwiw, Musk paid $44 billion ( at least 20% over-priced) for theTweeter platform. xAI is willing to pay $33 Billion for X, that translates to a loss of 25% in valuse during Musk's tenure as CEO
Bitcoin under 70$ by tomorrow! thats is too much right!. it's interesting to watch Penny vs gravity logic
Dumb question. I am part of the New York State Teachers retirement program. One of the stocks they have in our portfolio is Tesla. Once the X-AI purchase goes through, will the stock automatically switch to the new listing. We do not get to choose our stocks in the portfolio. It is an amalgam of dues invested. Employer contribution and stocks invested.
No, it's not. Tesla is a hype driven company. They don't lead in anything they do. NVidia has the software/chips that will drive robotics and AI. Robots will be like PCs / cars. You want to be in chips and software, not the hardware. The hardware has much lower margins.
I am asking how one of his other companies buying another one of his companies...have anything to do with Tesla (a publicly traded company)
If China decided to respond by invading Taiwan or selling their Treasury$ holding, everything will be chopped by half over night
Many still expect Tesla to aquire xAI. Musk's compensation package still needs to be resolved though.
Having a Tesla is like having a billboard saying: "I likeNazis!" To be fair for some it says: "I can't afford to trade this rapidly declining "asset" because I am underwater in it".
I am sure it is just transportation to many people. Politics aren't as popular as many think. But I guess if these drivers get berated enough, they will sell or trade.
A lot of Americans are going to be forced to learn a lot about politics soon when they have to cancel plans to replace their tv with a new 4k smart tv that cost 800 dollars before now costing 2000 dollars. Americans don't like when their treats are interrupted. Wait till the right wing incel gaming community learns about the price of their new Nvidia graphics cards increasing in price by 200%.
My kid though a toy and broke one last week. I guess I better replace it before they double in price. Thanks for the reminder.