LM

Tesla and $TSLA

[LM @LM_M_Marie]

Good morning from Haeundae Beach, Busan, South Korea

[Massimo @Rainmaker1973]

In Brazil, it is tradition that the first piece of cake goes to the most important person in your life.

And then his little brother's reaction.

[signüll @signulll]

almost everyone reads this list as wealth hoarded.

it’s the opposite. each name here is a rounding error on the surplus they unleashed on to the world through both the peripheral individuals (employees, investors, etc) involved & the compounding value of their creation to society in general (which allows others to also pursue greatness).

[Grok @grok]

Elizabeth Warren's net worth is estimated at about $8 million (Quiver Quantitative ~$7.1M in 2025; OpenSecrets/Forbes historical ~$7-12M range from disclosures, books, retirement accounts, and home equity).

Using the same comparison method as the Musk post (median US household income ~$83k), a typical American household would need to work roughly 96 years — or about 35,000 days — to accumulate that level of wealth. Her wealth is well below the $50M+ threshold in the wealth tax she has proposed.

[Farzad 🇺🇸 🇮🇷 @farzyness]

Elizabeth Warren is a parasite on the American taxpayer.

Elon Musk has made thousands of new millionaires - and more coming.

Elizabeth Warren is everything that’s wrong with America.

[Shruti @heyshrutimishra]

Elon just created 4,400 millionaires in a single day.

400 of them are now worth over $100 million.

These aren't VCs. They're SpaceX employees, and the list includes welders, technicians, and cafeteria staff, because for two decades the company paid every level of the workforce in stock instead of higher salaries.

Juan Hernandez immigrated from Mexico and took a $28 an hour contractor welding job in 2015. He says he didn't even know what SpaceX was. The company gave him a $10,000 equity grant and let him buy more shares through payroll deductions. That stake is now worth $880,000.

Trevor Hise's parents wanted him to take a stable job at General Electric. He picked SpaceX instead, stayed 12 years, and accumulated over 100,000 shares. At the $135 listing price that's $13.5 million. He's 37 and semiretired. His words: "The magnitude of this has been ridiculous."

The most telling detail came before the listing. Over 100 employees quietly banded together and negotiated a group wealth management deal covering up to $5 billion, because none of them had ever needed a wealth manager before.

Software IPOs have minted millionaires for 30 years. This is the first one where the money went to the factory floor.

[LM @LM_M_Marie]

Capitalist creates wealth for every day Americans, not socialism.

[Shruti @heyshrutimishra]

Elon just created 4,400 millionaires in a single day.

400 of them are now worth over $100 million.

These aren't VCs. They're SpaceX employees, and the list includes welders, technicians, and cafeteria staff, because for two decades the company paid every level of the workforce in stock instead of higher salaries.

Juan Hernandez immigrated from Mexico and took a $28 an hour contractor welding job in 2015. He says he didn't even know what SpaceX was. The company gave him a $10,000 equity grant and let him buy more shares through payroll deductions. That stake is now worth $880,000.

Trevor Hise's parents wanted him to take a stable job at General Electric. He picked SpaceX instead, stayed 12 years, and accumulated over 100,000 shares. At the $135 listing price that's $13.5 million. He's 37 and semiretired. His words: "The magnitude of this has been ridiculous."

The most telling detail came before the listing. Over 100 employees quietly banded together and negotiated a group wealth management deal covering up to $5 billion, because none of them had ever needed a wealth manager before.

Software IPOs have minted millionaires for 30 years. This is the first one where the money went to the factory floor.

[LM @LM_M_Marie]

All the democrats complaining about Elon Musk becoming a trillionaire conveniently ignore the "massive wealth creation" for every day Americans that he made possible.

[Mohamed A. El-Erian @elerianm]

The SpaceX IPO will go down in history for an eye-popping combination of reasons—from scale, valuation, and fees to investor allocation, price discovery, key-person risk, and fast-tracked index inclusion.
It also triggers an unprecedented wave of wealth creation, all while currently securing an impressive 26% pop in its first trading session and pulling up the rest of the market with it.
(And, no, I did not participate in the IPO.)
#economy #markets @SpaceX #investing #investors #spacexipo

[Farzad 🇺🇸 🇮🇷 @farzyness]

If you're angry that Elon Musk is now a Trillionaire, you have the wrong mindset.

Elon becoming a Trillionaire literally has nothing to do with you.

The global economy is worth roughly $100 trillion per year.

There's roughly $1 QUADRILLION in global assets. That's 1,000 trillion.

Elon's net worth is equivalent to 0.1% of the world's total asset base.

The other 99.9% exists with or without Elon.

If you're actually angry that Elon is now a Trillionaire, what's really happening is that you've either:

a) have lost hope in having a good future because of circumstances in your life

b) you're wasting too much time ingesting garbage information, which is taking time away from materially improving your life's circumstance or

c) you're a jealous person that needs a lot of introspection.

For example - there are literally thousands of people who have worked at SpaceX that are now officially MILLIONAIRES because of the work they've put in.

They didn't steal it from anyway. They literally created this value out of thin air by working EXTREMELY HARD and making EXTREMELY USEFUL technology - reusable rockets.

So instead of being angry that Elon is now a Trillionaire, instead channel that energy into building something that you would be proud of and society can massively benefit from.

You can actually do it. There's literally nothing stopping you but yourself. Set aside your fear, anger, or whatever other block you have, and FORCE YOURSELF to do something big.

As you can very clearly see, you will be rewarded for it MASSIVELY.

There's no better time than now.

[Jeff Lutz 🔋 @thejefflutz]

Fable 5 estimates that Musk employs a half million direct and indirect people in the US connected to businesses he created paying in $5-7B+ into SS. Bernie knows this but chooses to distort reality to create villains and divide our country

[Angie G @MomAngtrades]

I couldn’t care less about what career politicians like AOC and Bernie think about Elon becoming a trillionaire. My life is worse because of career politicians and better because of Elon Musk’s products.
My Tesla doesn’t need oil changes, I can charge at my house. I’ve saved tons of money owning a Tesla. It’s fun to drive.
When my home in Wyoming was being built, internet lines weren’t an option. Starlink saved the day and now I have perfect internet in the mountains.
So for any journalist or politician complaining he’s now a trillionaire, I kindly tell you to piss off.

[LM @LM_M_Marie]

Elon Musk has created so many millionaires for people who believe in him.

[Jen Wal @NiuMingye]

@SawyerMerritt • Juan Hernandez, a Mexican immigrant who started welding at $28/hr in 2015 with zero knowledge of SpaceX, now has $880,000.
• Trevor Hise ignored his parents’ advice, stayed 12 years, and turned it into $13.5 million at age 37. He’s semi-retired.

[LM @LM_M_Marie]

@StockMKTNewz @WOLF_Financial And fully earned / deserved every penny of it.

[America @america]

Homeless people in California say they were paid to vote for Karen Bass in Nithya Raman in the Los Angeles Mayoral election:

[Muskonomy @muskonomy]

NEWS: SpaceX's IPO is about to turn a 27-year-old ship engineer into an overnight millionaire.

Maryellyn Musselman, 27, spent two years working on a SpaceX recovery boat off the Florida coast, the Wall Street Journal reports.

SpaceX gave her stock as part of her pay. In her industry, that almost never happens. She also used 10% of every paycheck to buy more.

She won't say how much it is worth today. Her plan is simple: use the money to start her own repair business in Chesapeake, Virginia.

She bought a little every payday and held on. Thousands of SpaceX workers did the same. The stock starts trading June 12.

"Mariners are not usually stock owners in their companies, they're not always under benefits."

Thousands of stories like hers cash in on June 12.

[WOLF @WOLF_Financial]

CHARLIE MUNGER ONCE EXPLAINED WHY CAPITALISM BEATS EVERY OTHER SYSTEM IN ONE STORY

Warren Buffett's partner of 40+ years didn't use a chart or a theory.

He pointed to a single number out of China:

"When the Chinese went away from collective agriculture and let each peasant have his own plot of land, and he got to keep the crop after his cost, the grain production went up 60% the first year."

"Now who in the hell would want collective agriculture when it was that inefficient compared to capitalist agriculture?"

His point: people take care of what they own.

"If you're managing your own affairs you're going to be pretty efficient because you're taking care of your own property. If you're working for somebody else, no matter what, you care more about yourself and your family than the telephone company you work for."

The Chinese communists agreed. They'd rather have the extra 60% of grain. So they changed the whole system.

[LM @LM_M_Marie]

@wholemars @spencerpratt The real travesty will be if she wins despite the abominably horrible performance.

[LM @LM_M_Marie]

Another family saved by Tesla. Similar to a cliff-dive off the aptly named Devil's Slide area near SF.

[Sawyer Merritt @SawyerMerritt]

This @Tesla Model 3 plunged 300 feet off a Malibu cliff this weekend and the two passengers survived with only moderate injuries.

Tesla makes the safest vehicles.

[LM @LM_M_Marie]

This is huge!

[Tesla Robotaxi @robotaxi]

Unsupervised Robotaxi now in the entire Austin Metro area

[Tesla @Tesla]

Tesla drives itself across Canada w/ FSD Supervised

Coast to coast from Vancouver to Halifax – 3,760 miles/6,051 km – with zero human input

[Tesla Europe, Middle East & Africa @teslaeurope]

FSD Supervised now approved in Estonia🇪🇪. Rollout will begin soon