Short term green bars, red bars, lines, pictures - distract from the larger picture, and can cause you to be off guard.
We are in a unique period of history. Intelligence is scaling exponentially and we may be on the cusp of AGI soon. We have just incentivized Elon to 8X the company. We are scaling compute. Elon is telling us end of year to remove safety driver ( imo add 6 months).
Against that backdrop, I’m aggressive with calls over the next 2 years.
If I’m wrong and all those calls go to shit or there’s a significant market pullback, I have plenty of shares in reserve and will convert more to calls during and over the 2 years following that dip.
If Tesla goes nowhere for 5 years (unlikely) the game is up anyway.
Risky to be overly focused on a chart or a short term battle, I’m positioned for and focused on the campaign, on the war. Different times and strikes, like placing various battle units on the field. Plenty of reserves to call into action. The world is changing.
@nerdalert@NickGibbsIAG Needs to be able to read and understand signs “no turn on red”, electronic highway notices etc. Something grok should be able to do.
Yesterday, Elon Musk exercised 304 million @Tesla stock options from his 2018 compensation package, according to a new SEC filing.
Tesla withheld 17.53 million shares at an average price of $404.66/share in connection with net share settlement. The transaction did not involve any open-market sales of stock.
To be clear, this was not a net sale of Tesla stock. Elon's overall Tesla stock holdings increased.
Elon now owns roughly 19.9% of Tesla.
Filing: https://t.co/4X7u6R7nNi
@EmmetPeppers@NickGibbsIAG Important to keep in mind, Elon is less concerned with valuation gimmicks than just time to get shit done. Speed to execution more important than waiting to maximize accounting tricks etc.
@smdcapital Just my read as a shareholder of both for years. Merging these two is like landing a plane in a storm. There’s a window open to do it now. If valuations diverge too much, could be nearly impossible later.
@smdcapital Correct, but we’re just talking about the vote for it, if not the vote requires a special meeting which adds complexity and delay. At this point Elon is just trying to accelerate timelines