PRESIDENT TRUMP: "In 2024, almost 50% of inmates in German prisons were foreign migrants.. In Switzerland, it’s 72%.. When your prisons are filled with so-called asylum-seekers who repaid kindness with crime, it's time to END the failed Open Borders."
"Why are there so many commercial real estate vacancies all over LA?!? It's such a mystery!"
Until you crack down on this rampant criminal activity, you cannot reverse this blight, nobody will want to do business in LA, and our economic death spiral will continue, unabated.
A Model Y driver started experiencing a medical emergency with chest pain mid-drive & called his son.
His son then remotely rerouted the car – which had FSD Supervised enabled – to the nearest hospital & let them know the vehicle was en route. ER staff were standing by on arrival.
Doctors later confirmed the quick reroute likely saved his life.
This idea from some people that the government should heavily tax @elonmusk - the world's best capital allocator - and transfer a significant portion of that wealth to the government, one of the worst capital allocators, makes little sense, especially since much of his earned wealth exists because the companies he built have become far more valuable by creating products and services people value and are willingly to pay for.
Elon may have a high net worth, but virtually all of it is tied up in company stock. He doesn't have tens of billions of dollars in cash. Taxing his wealth would likely force him to sell significant amounts of that stock, putting downward pressure on the share price and negatively affecting millions of people who themselves own shares in those companies directly or through ETFs, mutual funds, pension funds, and 401(k)s.
I think I saw somewhere that Elon's companies have paid over $100 billion in salaries. Those salaries are taxed. Beyond that, his companies have already generated enormous economic value for America and the other regions that his companies operate in.
You want Elon Musk to do good for the world? Great, he already is:
• Tesla: Accelerating the transition to sustainable energy and developing safety technologies like FSD that saves lives.
• SpaceX: Expanding internet access through Starlink in underserved and low-income regions, saving the U.S. government $40 billion (according to the Pentagon), and restored America's ability to launch astronauts from American soil again.
• Neuralink: Giving paralyzed individuals new levels of independence with brain chips. Next, they aim to give blind people the ability to literally see.
Taking capital away from someone who has repeatedly demonstrated an ability to turn it into productive businesses, jobs, innovation, and economic growth, and handing it to a government with a far less effective track record of capital allocation - doesn't strike me as a good trade. Elon's wealth isn't a bug in our system, it's a feature of living in a country where entrepreneurs have the opportunity to build companies that create enormous value for society.
@Rothmus@elonmusk How peculiar that high-welfare, high-tax states like California, New York, Illinois are leadinb the way with historical mass exodus to lower-tax states like Florida and Texas!
CA alone has -100k+ income filers —and MASSIVE net domestic loss. It’s dirty, mediocre leadership.
The welfare state has been more destructive to the black family than slavery just by restructuring the incentives.
In 1960, nearly a century after emancipation, only about 22% of black children grew up in single-parent households.
By 1990, after the Great Society welfare expansions, that number had more than tripled.
Thomas Sowell has long shown this wasn’t the lingering shadow of slavery or some vague “legacy.”
The destruction of the black family was the direct result of welfare policies that subsidized single motherhood and penalized marriage.
The incentives changed, and family structure collapsed accordingly.
There’s no British Dream, or Canadian Dream, or Chinese Dream. The American Dream is what makes American exceptionalism possible & we shouldn’t apologize for it.
This is the way.
SpaceX nailed prioritizing small investors.
• All 1-share requests filled*
• Most 2-10 share asks (mostly) filled too
AMAZING!
It means so much more to folks who could only afford 1-2 shares of $SPCX to get them than to those with $100k to invest to get most of their ask.
I assumed everyone who requested 1 share would get 1 share, but glad to know this happened.
* I have heard from a few people that they didn't even get 1 share despite putting in a request (WHAT THE?!?!). This is not ok and is something they should follow up with the brokerage about. Find out HOW and WHY this happened and let us know. I cannot think of any valid reasons unless the user did not meet the eligibility requirements or didn't follow the necessary steps. But if this happened despite meeting the eligibility requirements and following the requisite steps... let us know what happened. Especially if you are a customer of the following brokerages in the article:
"All eligible customers putting in requests for shares with platforms run by Robinhood Markets Inc., Charles Schwab Corp., Fidelity Investments and SoFi Technologies Inc. were allocated some stock, according to the firms’ respective representatives."
If you love them, make sure they're in a Tesla.
Note that this wasn't even in self-driving mode. The car protected him even when it was being driven manually.