Balloon

#LoadedLions #TSLA

[Balloon @balloon1997]

@AnthonySarich @thecyrusjanssen Manufacturing jobs simply shifted to high tech jobs in the services industry and automation. Citizens in rich nations like US will simply not want sweatshop jobs and paid minimum wage after living in prosperity for decades. This has occurred throughout history.

[Balloon @balloon1997]

@simplethai907 @ZhaiXiang5 @thecyrusjanssen However, the US tech sector has benefitted tremendously, increasing productivity and driving growth as they export services to the entire world, thus mutual benefit

[Balloon @balloon1997]

@simplethai907 @ZhaiXiang5 @thecyrusjanssen US government needs to step in too, some central planning is needed like China. For decades, US lost the infrastructure and education/skills to produce cheap goods and Americans are not willing to work in poor conditions for minimum wage unlike developing countries, so automation

[Elon Musk @elonmusk]

Wisdom

[Linda Yaccarino @lindayaX]

A Message to X Users

[COMBATE |🇵🇷 @upholdreality]

🇨🇳 China Foreign Ministry Spox: "The G7 does not represent the world. The 7 countries only account for 10% of the world population. Year after year their share in the global economy keeps dropping.

Even combined, they contribute less than China to global economic growth and their economic aggregate in terms of purchasing power parity has already been surpassed by BRICS countries.

The G7 has long strayed from its original purpose of coordinating for stability in the global economic environment, and has increasingly become a political tool to perpetuate US and Western supremacy."

[Tesla @Tesla]

Rundown of what we have achieved since 2018 – under @elonmusk's leadership
–
2018
– Hit 5k Model 3/week
– Model 3 becomes best-selling EV in the US
– Giga Nevada reached annual battery production rate of 20 GWh
– Launched Navigate on Autopilot
– Model 3 becomes the best-selling EV globally

2019
– First deliveries of Model 3 to Europe & China
– Unveiled Model Y
– Unveiled Cybertruck
– Gigafactory Shanghai begins production – just 11 months after breaking ground
– Delivered >367k vehicles globally
– Energy storage surpasses 3.2 GWh deployed globally cumulatively, with 1.65 GWh deployed that year
– Solar Roof V3 launched
– 4k+ new Supercharger stalls installed

2020
– 4680 cell announced at Battery Day
– Tesla becomes most valuable carmaker (>$400 billion market cap)
– Achieved full-year profitability for the first time in company history
– Almost 500k vehicles delivered globally
– 3.02 GWh of energy storage deployed
– Model Y production begins at Fremont
– Giga Shanghai reaches 250k annual production rate
– Launched FSD Beta
– Supercharger network expands to over 23k stalls
– Model 3 becomes world's best-selling premium sedan in Q4

2021
– Delivered >930k vehicles globally
– Energy storage deployments reached 3.99 GWh
– Achieved record annual revenue of $53.8 billion & record annual profit of $5.5 billion
– Unveiled Optimus
– Launched new Model S & X
– 1 millionth Model 3 produced
– Started opening global Supercharger network to all EVs
– 30k+ Supercharger stalls operational worldwide

2022
– Started Model Y deliveries at Giga Berlin & Giga Texas
– Record >1.3 million vehicles delivered that year
– Produced 1 millionth 4680 cell
– First production Semi trucks delivered to PepsiCo.
– Enabled anyone in the US & Canada who has purchased FSD to request FSD Beta
– Model S Plaid sets production car lap record at Nürburgring
– Over 16 GWh of energy storage deployed cumulatively
– Over 40k Supercharger stalls worldwide
– Tesla Insurance expands to multiple US states

2023
– Model Y becomes world's bestselling car
– 1 million Tesla vehicles on the road in Europe
– 20 millionth 4680 cell produced
– 5k/builds production rate hit at Giga Berlin & Giga Texas
– Giga Shanghai reaches production capacity
– 12k+ new Supercharger stalls opened
– Tesla charging connector adopted as NACS
– Powerwall installations started in 4 new countries & 500k installations completed globally
– Launched Powerwall 3
– Upgraded Model 3 launched in Europe & Asia
– First deliveries of @Cybertruck
– Energy storage deployments surpass 31 GWh cumulative
– Optimus Gen 2 unveiled
– 50k+ Supercharger stalls operational globally
– Launched V4 Supercharger posts

2024
– FSD Supervised using end-to-end neural networks rolls out to customers who have purchased or are subscribed to FSD in the US & Canada
– Upgraded Model 3 deliveries start in North America
– Hit 600k Powerwalls installed globally
– Model Y achieves highest possible safety rating by IIHS
– Produced our 6 millionth vehicle
– Hit >1 billion miles driven on FSD
– Cybertruck production hits 1k/week builds
– 4680 ramp continues successfully
– Developed 3 major design revisions of Optimus & 4 revisions of the hand in the last two years, with Optimus autonomously navigating daily in our office & labs
– Deployed two Optimus bots performing tasks in the factory autonomously
(and it's only June...) :)

To be continued!

[Ashok Elluswamy @aelluswamy]

https://t.co/yUqvdS7JOf

[Elon Musk @elonmusk]

“Tesla is far ahead in self-driving cars” – Jensen Huang

[Tesla @Tesla]

We have put forward two especially important proposals for our Annual Meeting of Stockholders—and we need your vote.

Protect your rights as stockholders & protect the value of your investment by voting FOR the ratification of the 2018 CEO Performance Award & FOR Reincorporating Tesla in Texas.

Read more details here → https://t.co/WbcKtqU02U

[Balloon @balloon1997]

Extremely important. Do think about it and consider voting 'Yes'.

[Sawyer Merritt @SawyerMerritt]

I feel some $TSLA investors don’t fully understand the significance of Tesla's upcoming shareholder vote on reinstating Elon Musk's 2018 CEO compensation package. It’s a very important vote. This is a long post, but it needs to be.

First, some background:

Elon Musk's 2018 compensation package, initially approved by 73% of Tesla shareholders, was structured to align his incentives closely with the company's performance. It couldn’t be gamed. Elon was required to meet extremely challenging market cap and operational milestones. If he did hit those tough targets, he couldn't sell the shares from the package for 5 years once exercised, ensuring his interests remained tied to the company's long-term success. Tesla shareholders were well-aligned with Elon’s incentives.

Despite nearly everyone saying those milestones would be impossible to achieve, Elon achieved them, and today Tesla's stock is still up 550%, and revenue 9x since the package was announced. Elon was sleeping on factory floors in 2018 to ensure Tesla didn’t fail.

However, in January 2024, a Delaware judge invalidated Elon’s compensation package following a challenge by investor plaintiffs. This judgment sets a horrible precedent for various reason.
One of them being that judge invalidated the 2018 vote of all those Tesla shareholders who voted for this.

Soon after the ruling became public, Elon said that he is uncomfortable growing Tesla to be a leader in AI & robotics without having ~25% voting control. He added that unless that is the case, he would prefer to build products outside of Tesla. Currently, Elon owns about 13% of Tesla outright, but reinstating his 2018 compensation package would bring him closer to ~20% ownership (maybe a little lower).

Now that you all have some context, here is why the June 2024 Tesla shareholder vote is important.

Failure to pass Elon’s 2018 compensation package again could weaken Tesla's position in appealing the judge's ruling. This would also make it more challenging to create a similarly structured new compensation plan to compensate for the lost package. Eric Talley, a professor at Columbia Law School, said that if the upcoming vote passes, it could make it easier for Elon/Tesla to win on appeal in the Delaware Supreme Court.

The plaintiff's lawyers in the 2018 compensation case will walk away with around $5B dollars (in Tesla stock) if Elon/Tesla lose their appeal. Do you think they deserve that money over Elon?

In my opinion, Tesla shareholders are shooting themselves in the foot if they don’t vote for this because If the vote doesn’t pass, it significantly increases the risk that Elon might step down as Tesla CEO and or create technologies elsewhere. This could very likely negatively impact $TSLA stock. Make no mistake, Elon is extremely valuable to Tesla and its shareholders, despite all the drama.

I know a lot of people have concerns about Tesla's stock performance or Elon’s behavior in the last couple of years, and that’s valid, but it's essential to recognize that Elon’s leadership has been instrumental in Tesla's success and innovation, and will continue to be. Projects like FSD, Optimus, Cybertruck, etc., would not have existed without him. How did Apple do after Steve Jobs left in 1985?

This shareholder vote isn't about enriching Elon. This is not a cash compensation package; it’s a stock option package. It's about acknowledging his contributions and ensuring his continued dedication to Tesla's future success. Failure to reinstate the package could have far-reaching consequences. Elon doesn’t want more Tesla stock to be able to buy houses, yachts, etc. He doesn’t buy that stuff. He wants this stock to increase his overall Tesla ownership to ensure that outsiders can’t negatively influence the company and dictate its future. After all, they weren’t the ones sleeping on the factory floor to ensure Tesla became successful. What do they know about AI, Self-driving, etc., compared to Elon?

Given the gravity of the situation, it's crucial for all shareholders to participate in the vote, especially retail shareholders. Traditionally, retail shareholder participation in annual shareholder meeting votes hasn’t been as high as institutional investor participation. If there was one time to increase retail participation, it’d be now. Voting is simple and can be done through your brokerage, starting the week of April 29th. It only takes a minute or so. Contact your broker to make sure you get the voting documents.

Could I be wrong in suggesting that if this upcoming vote to reinstate Elon’s 2018 compensation package doesn’t pass, Elon might leave Tesla or create technologies/products elsewhere? Sure. But do you want to take that chance? This isn’t a Steve Jobs/Tim Cook 2011 situation.

It’s likely that this vote does pass, but I don’t think investors should get complacent and assume that. In my opinion, voting yes on reinstating Elon 2018 compensation package gives Tesla and its shareholders that best chance at seeing shareholder value increase in the future.

In summary, supporting the reinstatement of Elon Musk's 2018 compensation package isn't just about past achievements; it's about securing Tesla's future and maximizing shareholder value.

If you want to learn more, Tesla this week launched a new website in connection with its 2024 annual shareholder meeting. It in part goes over how much value @elonmusk has created at Tesla, and goes into depth about the proxy proposals. You can view that here: https://t.co/M38v5K0uXH

[Sawyer Merritt @SawyerMerritt]

I feel some $TSLA investors don’t fully understand the significance of Tesla's upcoming shareholder vote on reinstating Elon Musk's 2018 CEO compensation package. It’s a very important vote. This is a long post, but it needs to be.

First, some background:

Elon Musk's 2018 compensation package, initially approved by 73% of Tesla shareholders, was structured to align his incentives closely with the company's performance. It couldn’t be gamed. Elon was required to meet extremely challenging market cap and operational milestones. If he did hit those tough targets, he couldn't sell the shares from the package for 5 years once exercised, ensuring his interests remained tied to the company's long-term success. Tesla shareholders were well-aligned with Elon’s incentives.

Despite nearly everyone saying those milestones would be impossible to achieve, Elon achieved them, and today Tesla's stock is still up 550%, and revenue 9x since the package was announced. Elon was sleeping on factory floors in 2018 to ensure Tesla didn’t fail.

However, in January 2024, a Delaware judge invalidated Elon’s compensation package following a challenge by investor plaintiffs. This judgment sets a horrible precedent for various reason.
One of them being that judge invalidated the 2018 vote of all those Tesla shareholders who voted for this.

Soon after the ruling became public, Elon said that he is uncomfortable growing Tesla to be a leader in AI & robotics without having ~25% voting control. He added that unless that is the case, he would prefer to build products outside of Tesla. Currently, Elon owns about 13% of Tesla outright, but reinstating his 2018 compensation package would bring him closer to ~20% ownership (maybe a little lower).

Now that you all have some context, here is why the June 2024 Tesla shareholder vote is important.

Failure to pass Elon’s 2018 compensation package again could weaken Tesla's position in appealing the judge's ruling. This would also make it more challenging to create a similarly structured new compensation plan to compensate for the lost package. Eric Talley, a professor at Columbia Law School, said that if the upcoming vote passes, it could make it easier for Elon/Tesla to win on appeal in the Delaware Supreme Court.

The plaintiff's lawyers in the 2018 compensation case will walk away with around $5B dollars (in Tesla stock) if Elon/Tesla lose their appeal. Do you think they deserve that money over Elon?

In my opinion, Tesla shareholders are shooting themselves in the foot if they don’t vote for this because If the vote doesn’t pass, it significantly increases the risk that Elon might step down as Tesla CEO and or create technologies elsewhere. This could very likely negatively impact $TSLA stock. Make no mistake, Elon is extremely valuable to Tesla and its shareholders, despite all the drama.

I know a lot of people have concerns about Tesla's stock performance or Elon’s behavior in the last couple of years, and that’s valid, but it's essential to recognize that Elon’s leadership has been instrumental in Tesla's success and innovation, and will continue to be. Projects like FSD, Optimus, Cybertruck, etc., would not have existed without him. How did Apple do after Steve Jobs left in 1985?

This shareholder vote isn't about enriching Elon. This is not a cash compensation package; it’s a stock option package. It's about acknowledging his contributions and ensuring his continued dedication to Tesla's future success. Failure to reinstate the package could have far-reaching consequences. Elon doesn’t want more Tesla stock to be able to buy houses, yachts, etc. He doesn’t buy that stuff. He wants this stock to increase his overall Tesla ownership to ensure that outsiders can’t negatively influence the company and dictate its future. After all, they weren’t the ones sleeping on the factory floor to ensure Tesla became successful. What do they know about AI, Self-driving, etc., compared to Elon?

Given the gravity of the situation, it's crucial for all shareholders to participate in the vote, especially retail shareholders. Traditionally, retail shareholder participation in annual shareholder meeting votes hasn’t been as high as institutional investor participation. If there was one time to increase retail participation, it’d be now. Voting is simple and can be done through your brokerage, starting the week of April 29th. It only takes a minute or so. Contact your broker to make sure you get the voting documents.

Could I be wrong in suggesting that if this upcoming vote to reinstate Elon’s 2018 compensation package doesn’t pass, Elon might leave Tesla or create technologies/products elsewhere? Sure. But do you want to take that chance? This isn’t a Steve Jobs/Tim Cook 2011 situation.

It’s likely that this vote does pass, but I don’t think investors should get complacent and assume that. In my opinion, voting yes on reinstating Elon 2018 compensation package gives Tesla and its shareholders that best chance at seeing shareholder value increase in the future.

In summary, supporting the reinstatement of Elon Musk's 2018 compensation package isn't just about past achievements; it's about securing Tesla's future and maximizing shareholder value.

If you want to learn more, Tesla this week launched a new website in connection with its 2024 annual shareholder meeting. It in part goes over how much value @elonmusk has created at Tesla, and goes into depth about the proxy proposals. You can view that here: https://t.co/M38v5K0uXH

[stevenmarkryan @stevenmarkryan]

Debunking A Hateful Anti-Elon, Anti-White Racist

That this has been published in mainstream media outlets is despicable.

That ANYONE in 2024 thinks this kind of garbage is acceptable is shameful.

Civilization is on the verge, folks...

Call this BS out when you see it or we are doomed!

[Tesla @Tesla]

While there are many articles that do not accurately convey the nature of our safety systems, the recent Washington Post article is particularly egregious in its misstatements and lack of relevant context. 

We at Tesla believe that we have a moral obligation to continue improving our already best-in-class safety systems (https://t.co/EMIEfc5kHo). At the same time, we also believe it is morally indefensible not to make these systems available to a wider set of consumers, given the incontrovertible data that shows it is saving lives and preventing injury. 

Regulators around the globe have a duty to protect consumers, and the Tesla team looks forward to continuing our work with them towards our common goal of eliminating as many deaths and injuries as possible on our roadways.  

Below are some important facts, context and background.

Background
1. Safety metrics are emphatically stronger when Autopilot is engaged than when not engaged.

a.
In the 4th quarter of 2022, we recorded one crash for every 4.85 million miles driven in which drivers were using Autopilot technology. For drivers who were not using Autopilot technology, we recorded one crash for every 1.40 million miles driven. By comparison, the most recent data available from NHTSA and FHWA (from 2021) shows that in the United States there was an automobile crash approximately every 652,000 miles. (https://t.co/RZjjBmylTk)

b.
The data is clear: The more automation technology offered to support the driver, the safer the driver and other road users. Anecdotes from the WaPo article come from plaintiff attorneys—cases involving significant driver misuse—and are not a substitute for rigorous analysis and billions of miles of data.

c.
Recent Data continues this trend and is even more compelling.  Autopilot is ~10X safer than US average and ~5X safer than a Tesla with no AP tech enabled. More detailed information will be publicly available in the near future.

2. Autopilot features, including Traffic-Aware Cruise Control and Autosteer, are SAE Level 2 driver-assist systems, meaning –

a.
Whether the driver chooses to engage Autosteer or not, the driver is in control of the vehicle at all times. The driver is notified of this responsibility, consents, agrees to monitor the driving assistance, and can disengage anytime.

b.
Despite the driver being responsible for control for the vehicle, Tesla has a number of additional safety measures designed to monitor that drivers engage in active driver supervision, including torque-based and camera-based monitoring. We have continued to make progress in improving these monitoring systems to reduce misuse.

c.
Based on the above, among other factors, the data strongly indicates our customers are far safer by having the choice to decide when it is appropriate to engage Autopilot features. When used properly, it provides safety benefits on all road classes.

The Washington Post leverages instances of driver misuse of the Autopilot driver assist feature to suggest the system is the problem. The article got it wrong, misreporting what's actually alleged in the pending lawsuit and omitting several important facts:

1. Contrary to the Post article, the Complaint doesn't reference complacency or Operational Design Domain.

2. Instead, the Complaint acknowledges the harms of driver inattention, misuse, and negligence.

3. Mr. Angulo and the parents of Ms. Benavides who tragically died in the crash, first sued the Tesla driver—and settled with him—before ever pursuing a claim against Tesla.

4. The Benavides lawsuit alleges the Tesla driver “carelessly and/or recklessly” “drove through the intersection…ignoring the controlling stop sign and traffic signal.”

5. The Tesla driver didn’t blame Tesla, didn’t sue Tesla, didn’t try to get Tesla to pay on his behalf.  He took responsibility.

6. The Post had the driver's statements to police and reports that he said he was “driving on cruise.” They omit that he also admitted to police “I expect to be the driver and be responsible for this.”

7. The driver later testified in the litigation he knew Autopilot didn’t make the car self-driving and he was the driver, contrary to the Post and Angulo claims that he was mislead, over-reliant or complacent. He readily and repeatedly admitted:

a.
“I was highly aware that was still my responsibility to operate the vehicle safely.”

b.
He agreed it was his “responsibility as the driver of the vehicle, even with Autopilot activated, to drive safely and be in control of the vehicle at all times.”

c.
“I would say specifically I was aware that the car was my responsibility.  I didn’t read all these statements and passages, but I’m aware the car was my responsibility.”

8. The Post also failed to disclose that Autopilot restricted the vehicle's speed to 45 mph (the speed limit) based on the road type, but the driver was pressing the accelerator to maintain 60 mph when he ran the stop sign and caused the crash. The car displayed an alert to the driver that, because he was overriding Autopilot with the accelerator, "Cruise control will not brake."

More information and background can be found here → https://t.co/VoTuFFkP9D

[Mad Meerkat Burrow @MadMeerkatNFT]

GM.

We've been absolutely mindblown by the excitement for Mad Merge: Identity.

The entire process will be complex, so let's take it one step at a time. Mark the following 2 dates:

1. 16 Apr, Sun 3pm UTC: Lounge of Madness with @mad_sequence and @mad_canvas in the burrow.

[Loaded Lions @LoadedLions_CDC]

The holidays are here 🎅🏼

This Christmas season, we'd love nothing more than to reward our Mane Netizens 🎁

So, for the 12 Loaded Days of Christmas, we're giving away 11 Cyber Cubs and one Loaded Lion 🦁

[MetaRyuk @metaryuk]

Regarding the recent fud against Crypto dotcom (CDC), here's my thoughts...

Binance wants to do (in terms of providing services) what Cronos have done and are doing. However, in order to see itself as innovative, it must not be seen as a copycat.

[Mad Meerkat Burrow @MadMeerkatNFT]

Year Two: To create, strengthen and reinforce the MM Brand through the creation of physical, digital and phygital products in a collaborative and open-minded approach.

Full details in Lounge of Madness 07 Nov 7am EST.

Let's get mad for Year Two. Together.

#MAD4LIFE

[Mad Meerkat Burrow @MadMeerkatNFT]

TEN days away from #MMYearOne.

Like we always do, it's a candid one, so we'll be sharing thoughts about our journey, as well as MMB and its collection's direction for this coming year.

24 hours of madness, starting with this. Come join us.

#MAD4LIFE

https://t.co/FjwTD5mPWF

[OtterTown 🦦🏘 @ottertownnft]

Congrats to our winners!

@balloon1997 you won a Moonflow Banner + WL and an OtterList 🎉🎉🎉

@mc_llaren @Don50349296 you won both a Moonflow WL and OtterList 🌑🦦

@hunterpr0 and @cooollem you won an OtterList 🦦

Please head to the respective discords to claim your prizes!