@MichaelDell We’re so grateful for your and Susan’s generous donation to our children’s accounts! It will help them grow and thrive over the years. Thank you so much! 😀 📈
@SawyerMerritt US government already collects >$5,260,000,000,000 in total taxes. 6M pure electric vehicles on US roads, this would generate $800,000,000 or add 0.015% new tax revenue. You’d think this could easily be funded from current tax revenue without adding new programs.
I think people need to reframe the conversation around Elon’s “net worth.” As his net worth approaches $1 trillion, it’s important to understand the bigger picture. Elon earned his wealth the right way: by building companies and creating products and services that people genuinely love, while generating enormous shareholder value. He didn’t steal. He didn’t cheat. He built and created.
Elon isn’t accumulating wealth to buy yachts, houses, or vacations. His capital is primarily a tool to pursue outcomes he believes are best for humanity’s long-term future, most notably making life multi-planetary. Building on Mars will be expensive, and much of Elon's wealth will ultimately go towards that, but he’s also investing heavily here on Earth, having created over 600,000 jobs so far across his companies and supply chains.
Elon is the best capital allocator in the world, and has created multiple world-changing technologies that have benefited humanity. That’s why it’s ironic when some people say he should pay more taxes (almost all of his wealth is unrealized stock gains), because that capital would simply be redirected to the government, one of the worst capital allocators.
He paid the single largest tax bill in history in 2021 ($11B) and will likely pay an even bigger one in the future when he exercises the stock options from his 2018 Tesla CEO Performance Award, which are set to expire in January 2028.
The villainization of Elon by legacy media and others will only intensify as his wealth grows. Instead, what they should focus on is the massive value he has created for others and all the good his companies are doing:
• Tesla: Accelerating toward a sustainable future and saving lives with self-driving cars
• Neuralink: Improving the lives of disabled people with brain-implant chips
• SpaceX/Starlink: Bringing internet connectivity to remote areas worldwide
• The Boring Company: Reducing traffic and travel time
• xAI/Grok: Using AI to solve problems, answer questions, and tackle challenges
• And much more
Don’t measure Elon by his wealth. Measure him by what he has built, what he’s creating/building, and all the things that wouldn’t exist without him. That list is long.
@GuyDealership The question, “Own a Chrysler, Dodge, Jeep, Ram…Brand vehicle?”, seems unnecessary. This ad is literally on the owner’s touchscreen!
Also great use of a 15” high resolution screen. 41 plain text words….before the scroll!
Good experience overall. However, Tesla’s trade-in offer was much lower than market value. I sold my car elsewhere after comparing instant quotes from Carvana, CarMax, AutoNation, and Driveway. However, since Florida (like most states) charges sales tax on the price difference between the new car and trade-in, I paid extra 7% sales tax, or about $3k. I wonder how many buyers abandon Tesla due to low trade-in values or buy elsewhere when visiting dealerships for trade values. This was almost 2 years ago.