Flying to outer space
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Look at their faces Chasey, they aren't consumed by negativity. They are partaking in history!0 -
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NASA’s highly anticipated mission to explore Jupiter’s largest moon, Europa, has officially booked its ride to space.
According to NASA officials, the $4.25bn Europa Clipper spacecraft will launch atop a SpaceX Falcon Heavy rocket as part of a contract worth about $178m.
https://www.aljazeera.com/economy/2021/7/26/jupiter-rising-spacex-just-scored-another-major-nasa-contract0 -
https://www.theguardian.com/science/2021/jul/26/jeff-bezos-nasa-blue-origin-space
If I was Bezos, I'd want to go to the moon. Or at least into orbit. That sitting on top of a big firework thing he did wouldn't cut it.0 -
Yeah, both Bezos and Branson's experiences were a bit bloody quick too, really an experience that can be obtained on a zero-g flight.0
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https://www.youtube.com/watch?v=J9oEc0wCQDE
If you have some time watch this non-bias impartial interview with one of the greatest humans humanity has had the pleasure to call it's own. Rockets, EVs, solar, Neuralink...
Greatness.0 -
Sounds like most car companies over the last 20 years. GM was a finance company pimping dodgy loans, until the financial crisis hit them.rick_chasey said:<
When you look at the breakdown of where they are making profits, bizarrely, it is often not the selling of cars that accounts for the profit, but weird FX calls or bitcoin investments or all sorts.
BASI Nordic Ski Instructor
Instagramme0 -
Sure, Telsa is currently valued at roughly the same as the next 8 biggest car manufacturers *combined* .davidof said:
Sounds like most car companies over the last 20 years. GM was a finance company pimping dodgy loans, until the financial crisis hit them.rick_chasey said:<
When you look at the breakdown of where they are making profits, bizarrely, it is often not the selling of cars that accounts for the profit, but weird FX calls or bitcoin investments or all sorts.0 -
That's not Musks/Teslas fault though. He's rubbished the companies valuation on many occasions.0
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Is that why the SEC fined him $20m and forced him to step down as Chairman?focuszing723 said:That's not Musks/Teslas fault though. He's rubbished the companies valuation on many occasions.
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surrey_commuter said:
Is that why the SEC fined him $20m and forced him to step down as Chairman?focuszing723 said:That's not Musks/Teslas fault though. He's rubbished the companies valuation on many occasions.
"I think some critical mass of the market has concluded that Tesla will win, I guess. I mean I've gone on record already saying I think the stock price is a bit high, and that was well before the current level," the Tesla CEO said. "But also if you ask me, do I think if Tesla will be worth more than this in five years? I think the answer is yes."
https://markets.businessinsider.com/news/stocks/tesla-stock-price-elon-musk-ceo-higher-valuation-overvalued-5-years-2020-90 -
Do you accept that the SEC fined him $20m and forced him to step down as Chairman?focuszing723 said:surrey_commuter said:
Is that why the SEC fined him $20m and forced him to step down as Chairman?focuszing723 said:That's not Musks/Teslas fault though. He's rubbished the companies valuation on many occasions.
"I think some critical mass of the market has concluded that Tesla will win, I guess. I mean I've gone on record already saying I think the stock price is a bit high, and that was well before the current level," the Tesla CEO said. "But also if you ask me, do I think if Tesla will be worth more than this in five years? I think the answer is yes."
https://markets.businessinsider.com/news/stocks/tesla-stock-price-elon-musk-ceo-higher-valuation-overvalued-5-years-2020-90 -
Can you please stop p1$$1ng on my chips?surrey_commuter said:
Do you accept that the SEC fined him $20m and forced him to step down as Chairman?focuszing723 said:surrey_commuter said:
Is that why the SEC fined him $20m and forced him to step down as Chairman?focuszing723 said:That's not Musks/Teslas fault though. He's rubbished the companies valuation on many occasions.
"I think some critical mass of the market has concluded that Tesla will win, I guess. I mean I've gone on record already saying I think the stock price is a bit high, and that was well before the current level," the Tesla CEO said. "But also if you ask me, do I think if Tesla will be worth more than this in five years? I think the answer is yes."
https://markets.businessinsider.com/news/stocks/tesla-stock-price-elon-musk-ceo-higher-valuation-overvalued-5-years-2020-9
...He might have.0 -
Elon Musk.
He's just a bit of a tit isn't he?0 -
My point re the valuation of Tesla etc is that is how he has the money to do all this space stuff.
It's all a house of cards.0 -
https://www.ft.com/content/e5acc32d-7589-4f97-bfbc-380008a0fc28
So here is FT Alphaville who have been quite scathing of the mysterious numbers in the annual reports today about the most recent numbers.
his quarter, however, FT Alphaville’s inspection drew a blank. In fact, the financials were remarkably clean. There were no bitcoin sales to boost the bottom line, the amount of pure profit zero emission credits sold declined both year-on-year and quarter-on-quarter and, to boot, Tesla boasted record automative gross margins over a period with of rising raw material costs and widespread supply chain disruption.You’d think with record revenues, record gross margins, and record profits investors would be giddy. And you’d be sort of right. In pre-market, Tesla’s shares are up. But a move of just 0.9 per cent feels particularly mute for a scrip that is widely renown for its manic volatility.
Just so you know i'm not totally unbalanced about all of this and I do actually read about it
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You sound an awful lot like me circa 2000 regarding the dot com boom.rick_chasey said:My point re the valuation of Tesla etc is that is how he has the money to do all this space stuff.
It's all a house of cards.
Cynicism can sometimes be warranted.The above may be fact, or fiction, I may be serious, I may be jesting.
I am not sure. You have no chance.Veronese68 wrote:PB is the most sensible person on here.0 -
I think it's all a heady mix of modern capitalism, silicon valley's fail fast ways and a business leader that has managed to build a bit of a cult around himself.rick_chasey said:My point re the valuation of Tesla etc is that is how he has the money to do all this space stuff.
It's all a house of cards.
I beleive his paypal money would have been enough for spacex (although I may be wrong) and that many suggest that spacex is already a money making scheme.
That John who is an apparent engineer of the forum, doesn't see that well publicised space exploration is a fantastic STEM outreach program is suprising.
Having worked on the early design stages of rocketry turbomachinery it's still a very difficult problem, even if they did put a man on the moon a few years back.0 -
That is a pre-production research experimental prototype, yes? Paging the design team...focuszing723 said:
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Amazon share price is now many multiples of its dot com boom share price.pblakeney said:
You sound an awful lot like me circa 2000 regarding the dot com boom.rick_chasey said:My point re the valuation of Tesla etc is that is how he has the money to do all this space stuff.
It's all a house of cards.
Cynicism can sometimes be warranted.0 -
SpaceX is a private company so much less stringent reporting compliance. The start up costs must have been enormous so whilst it might be making a trading profit it must have colossal debts.Jezyboy said:
I think it's all a heady mix of modern capitalism, silicon valley's fail fast ways and a business leader that has managed to build a bit of a cult around himself.rick_chasey said:My point re the valuation of Tesla etc is that is how he has the money to do all this space stuff.
It's all a house of cards.
I beleive his paypal money would have been enough for spacex (although I may be wrong) and that many suggest that spacex is already a money making scheme.
That John who is an apparent engineer of the forum, doesn't see that well publicised space exploration is a fantastic STEM outreach program is suprising.
Having worked on the early design stages of rocketry turbomachinery it's still a very difficult problem, even if they did put a man on the moon a few years back.
I believe Musk borrowed money for SpaceX using his Tesla shares as collateral which is why he is so interested in the share price as presumably if the price goes down he has to post more collateral.
He only made $165m on Paypal but has put it to good use since. Even so he only has $20-30bn which is more Chelsea FC money than funding exploration of Mars0 -
An exception that proves the rule.TheBigBean said:
Amazon share price is now many multiples of its dot com boom share price.pblakeney said:
You sound an awful lot like me circa 2000 regarding the dot com boom.rick_chasey said:My point re the valuation of Tesla etc is that is how he has the money to do all this space stuff.
It's all a house of cards.
Cynicism can sometimes be warranted.
Capitalism as a whole was a house of cards pre 2008. Remember what happened then?The above may be fact, or fiction, I may be serious, I may be jesting.
I am not sure. You have no chance.Veronese68 wrote:PB is the most sensible person on here.0 -
pblakeney said:
An exception that proves the rule.TheBigBean said:
Amazon share price is now many multiples of its dot com boom share price.pblakeney said:
You sound an awful lot like me circa 2000 regarding the dot com boom.rick_chasey said:My point re the valuation of Tesla etc is that is how he has the money to do all this space stuff.
It's all a house of cards.
Cynicism can sometimes be warranted.
Capitalism as a whole was a house of cards pre 2008. Remember what happened then?
There were other exceptions as well. The point is that the entire car industry is about to change and there is no guarantee that the current winners will continue to win. In the same way that Nokia lost the smart phone market, people are betting that Tesla will be the new iPhone.0 -
The original point was that other people take a more cynical view.TheBigBean said:pblakeney said:
An exception that proves the rule.TheBigBean said:
Amazon share price is now many multiples of its dot com boom share price.pblakeney said:
You sound an awful lot like me circa 2000 regarding the dot com boom.rick_chasey said:My point re the valuation of Tesla etc is that is how he has the money to do all this space stuff.
It's all a house of cards.
Cynicism can sometimes be warranted.
Capitalism as a whole was a house of cards pre 2008. Remember what happened then?
There were other exceptions as well. The point is that the entire car industry is about to change and there is no guarantee that the current winners will continue to win. In the same way that Nokia lost the smart phone market, people are betting that Tesla will be the new iPhone.
Some will win, more will lose.The above may be fact, or fiction, I may be serious, I may be jesting.
I am not sure. You have no chance.Veronese68 wrote:PB is the most sensible person on here.0 -
Rimac, the Croatian electric hypercar start-up, will take control of Volkswagen’s Bugatti brand in a deal that cements its position as an established automotive force.
The new company will be called Bugatti Rimac and be led by Mate Rimac, who founded the eponymous group in 2009 in his garage and has grown it to become one of the industry’s most called-upon technology providers.
https://www.ft.com/content/56be5f08-fe6e-481f-ba6d-71ef49d2cfc4
I can't see how anybody can argue what Tesla has achieved in eighteen years is incredible. Talking of Elon Musk, Mate Rimac is pretty damn impressive as an induvial too. They've both had bloody tough times when they are on the brink financially with their companies.0 -
This is not a snide question.focuszing723 said:Rimac, the Croatian electric hypercar start-up, will take control of Volkswagen’s Bugatti brand in a deal that cements its position as an established automotive force.
The new company will be called Bugatti Rimac and be led by Mate Rimac, who founded the eponymous group in 2009 in his garage and has grown it to become one of the industry’s most called-upon technology providers.
https://www.ft.com/content/56be5f08-fe6e-481f-ba6d-71ef49d2cfc4
I can't see how anybody can argue what Tesla has achieved in eighteen years is incredible. Talking of Elon Musk, Mate Rimac is pretty damn impressive as an induvial too. They've both had bloody tough times when they are on the brink financially with their companies.
What has Tesla achieved in eighteen years?0 -
Been the driver behind electric cars turning from milk floats and curiosities like the g wizz to serious vehicles?0
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Ummmm, creating and mass producing a car. Let alone being semi autonomous, electric with a good range and having a charging network which is currently considered better than any other company has been able to muster.surrey_commuter said:
This is not a snide question.focuszing723 said:Rimac, the Croatian electric hypercar start-up, will take control of Volkswagen’s Bugatti brand in a deal that cements its position as an established automotive force.
The new company will be called Bugatti Rimac and be led by Mate Rimac, who founded the eponymous group in 2009 in his garage and has grown it to become one of the industry’s most called-upon technology providers.
https://www.ft.com/content/56be5f08-fe6e-481f-ba6d-71ef49d2cfc4
I can't see how anybody can argue what Tesla has achieved in eighteen years is incredible. Talking of Elon Musk, Mate Rimac is pretty damn impressive as an induvial too. They've both had bloody tough times when they are on the brink financially with their companies.
What has Tesla achieved in eighteen years?
18 years!0 -
18!0
