And afactual. His Series A investment made him chairman of the board and the largest shareholder. It was his company from that point toward
The Elon Musk hate
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If you look back at historical posts, I was a huge TSLA bear. But he did overperform in terms of stock price b/c I have no idea how valuations got to such a level, but that supported and enabled TSLA to become a leader in EVs.
No shares of Tesla existed until Tesla became publicly traded on June 29, 2010.
Ladies and gentlemen, we interrupt this mudslinging to bring you some nuanced facts...
This is incorrect. He didn't take a controlling interest. From his own Grok:
Elon Musk has never been a majority shareholder of Tesla in the traditional sense of owning more than 50% of the company's shares single-handedly. However, he has consistently been the largest individual shareholder for much of Tesla's history. Let’s break it down:
Musk’s ownership stake grew significantly over time, but he didn’t "become" a majority shareholder at a specific moment because his holdings never crossed the 50% threshold alone. After his initial $6.35 million investment in the Series A round in February 2004, he owned about 11.7% of Tesla Motors. Over the years, through additional investments, stock awards, and the company’s growth, his stake increased.
By 2010, when Tesla went public, Musk held around 20-25% of the company’s shares, depending on dilution from the IPO and subsequent offerings. His ownership fluctuated as Tesla raised more capital and issued new shares, but he remained the largest single shareholder. For example, in 2017, SEC filings showed he owned approximately 21.7% of Tesla’s outstanding shares. As of more recent reports, like in 2023, his stake hovered around 13% of outstanding shares (about 411 million shares) after selling portions to fund ventures like the Twitter acquisition—still making him the biggest individual investor, but not a majority owner.
A, B, and C rounds in total were far less than $100 million.
He still hasn't "bought" the company from a legal standpoint of control. But, he is, and has been, the largest shareholder for some time.
Now back to your regularly scheduled shit throwing...
This is incorrect. He didn't take a controlling interest. From his own Grok:
Elon Musk has never been a majority shareholder of Tesla in the traditional sense of owning more than 50% of the company's shares single-handedly. However, he has consistently been the largest individual shareholder for much of Tesla's history. Let’s break it down:
Musk’s ownership stake grew significantly over time, but he didn’t "become" a majority shareholder at a specific moment because his holdings never crossed the 50% threshold alone. After his initial $6.35 million investment in the Series A round in February 2004, he owned about 11.7% of Tesla Motors. Over the years, through additional investments, stock awards, and the company’s growth, his stake increased.
By 2010, when Tesla went public, Musk held around 20-25% of the company’s shares, depending on dilution from the IPO and subsequent offerings. His ownership fluctuated as Tesla raised more capital and issued new shares, but he remained the largest single shareholder. For example, in 2017, SEC filings showed he owned approximately 21.7% of Tesla’s outstanding shares. As of more recent reports, like in 2023, his stake hovered around 13% of outstanding shares (about 411 million shares) after selling portions to fund ventures like the Twitter acquisition—still making him the biggest individual investor, but not a majority owner.
A, B, and C rounds in total were far less than $100 million.
- Series A: $7.5 million
- Series B: $13 million
- Series C: $40 million
He still hasn't "bought" the company from a legal standpoint of control. But, he is, and has been, the largest shareholder for some time.
Now back to your regularly scheduled shit throwing...
Thanks for sharing this. I guess I never paid close attention to Musk's involvement with Tesla, so this was informative. Thanks for putting in the work,
He's talking about your personal contributions to the debt problem.
Nice little Tesla infomercial at the White House earlier today.
The part where Trump floats the idea of labeling Tesla protestors as domestic terrorists was a especially interesting. God they're so whiny. I wonder if they cried in each other's arms in the Oval Office after this Tesla sales pitch.
The part where Trump floats the idea of labeling Tesla protestors as domestic terrorists was a especially interesting. God they're so whiny. I wonder if they cried in each other's arms in the Oval Office after this Tesla sales pitch.
Why would you have a problem with that...in fact...I'd make vigilante violence legal just like Lance and Vincent propose, for any car owner.
The whiny bitch, in this case, are the dickless motherfuxkers like you that are cool with people covertly vandilizing other people's property.
Burning and defacing Tesla’s to serve a political end is terrorism, definitionally.
Probably fairly hard to prove the last part though. Similar to how hate crime charges aren’t filed every time a minority is a victim.
Musk wants to contribute $100 million to the “Trump political operation.” In return, Musk will certainly enjoy a huge ROI. At this point I don’t know who Trump is more beholden to - - Putin or Musk.
It is unheard-of for a White House staffer, even one with part-time status, to make such large political contributions to support the agenda of the boss. But there has never been someone in the direct employ of an administration like Mr. Musk, the world’s wealthiest person, who is leading Mr. Trump’s aggressive effort to shrink the federal government, the Department of Government Efficiency.
Over the weekend, Mr. Musk traveled to and from Florida aboard Air Force One with Mr. Trump, and posted on his social media website, X, that he had dinner with Secretary of State Marco Rubio on Saturday night after some tense interactions earlier in the week.
And on Tuesday, as Mr. Musk’s electric car company, Tesla, faced some violent protests around the globe, Mr. Trump made a display of having five Teslas brought to the White House grounds in a demonstration for the news media, and checked out the cars with Mr. Musk by his side. It was an extraordinary promotion of a company by the most powerful person in the federal government.
Land of the absurd
“Cordially across the isle”, That’s some kind of oxmoron isn’t it?
I know it’s oxymoron, so don’t bother.
It certainly does seem like the threats go only 1 way.
That's precisely why we are in this mess. The two party system is failing and there are no other options. So we wind up with animosity. When have you ever supported or agreed with an opinion or stance that Trump or Republicans didn't back?
Hmm, so the pipe bomb against Soros I linked earlier indicates clearly that threats may go one way, actions go the other way?
If you wanna keep score, there is no question which side advances the most threats.
Highlife, without a doubt there are extremists on the left and right who are often the most outspoken. Being outspoken in highly emotional words and actions can be seen as hateful.
Musk in many ways is man of the hour as he boldly tackles what he calls waste, fraud and abuse in government. As the point man, he is the target for the extremists on what is called the left.
The question we should be asking ourselves is whether the extremists and polarization represent a majority in America. Just because they dominate the public outlets, along with social media doesn't mean polarization is destroying our democracy. Well, at least we can hope it isn't.
Musk deserves a lot of credit for how he has gone about things. The country has been complaining about waste, fraud, and abuse, in government for decades. Some of what Musk has cut has even been exposed by the GAO, the agency tasked with cutting waste, fraud and abuse. But much of which the GAO has discovered has not been corrected. Nobody did anything about it. Let that sink in. Nobody did anything about it. Why? Because too many vested interests benefit from waste fraud and abuse, maybe not directly, but by living off the infrastructure that fosters waste, fraud and abuse. Those people are a noisy bunch.
What make Musk different is he not only is exposing the problem, but doing something about it. Yeah, there probably is some good stuff being cut, that’s life. Get over it. We need to do what Musk is doing so we can . . . Ahem . . .bulld government back better.
Why is it so hard to acknowledge both sides have lunatics and threats aren't just on one side.
And which side carries out more? I mentioned the pipe bomb to Soros. Recall Alan Berg? What group was the guy who killed Ricky Birdsong involved with? The guy in the mass murder at the WalMart in El Paso was right-wing.
Through the first dataset, the Profiles of Individual Radicalization in the United States (PIRUS), the researchers zeroed in on acts of extremism in the United States from 1948-2018. They found nearly no difference between the likelihood of an Islamist extremist and a right-wing extremist committing an act of violence; the probability of a violent act of extremism in the United States being committed by a left-wing extremist was found to be 0.33, 0.61 by a right-wing extremist, and 0.62 by an Islamist extremist.
UMD-Led Study Shows Disparities in Violence Among Extremist Groups | CCJS l Criminology and Criminal Justice Department l University of Maryland
First-of-its-kind Look at Left, Right, and Islamist Extremists Explores Similarities, Differences New research co-led by University of Maryland CCJS Professor Gary LaFree finds that some political extremist groups are more likely to commit violent acts than others—a belief that’s been...
The left was far worse back from 66-76 or so. But since then, the view of government has shifted from liberals feeling excluded to conservatives feeling excluded. The result has been a shift from seeing violence as the only remedy has shifted.
I theorize someone will bristle that White supremacists aren't conservative. Well, they are. The vast majority of conservatives are not supremacists, but the vast majority of supremacists have a conservative ideology when it comes to size of government, immigration, welfare, etc. Very few areas do they cross over to liberal. And the El Paso guy specifically had posted how proud he was of President Trump.
Rosie O’Donnell threatened to leave the country.And which side carries out more? I mentioned the pipe bomb to Soros. Recall Alan Berg? What group was the guy who killed Ricky Birdsong involved with? The guy in the mass murder at the WalMart in El Paso was right-wing.
Through the first dataset, the Profiles of Individual Radicalization in the United States (PIRUS), the researchers zeroed in on acts of extremism in the United States from 1948-2018. They found nearly no difference between the likelihood of an Islamist extremist and a right-wing extremist committing an act of violence; the probability of a violent act of extremism in the United States being committed by a left-wing extremist was found to be 0.33, 0.61 by a right-wing extremist, and 0.62 by an Islamist extremist.UMD-Led Study Shows Disparities in Violence Among Extremist Groups | CCJS l Criminology and Criminal Justice Department l University of Maryland
First-of-its-kind Look at Left, Right, and Islamist Extremists Explores Similarities, Differences New research co-led by University of Maryland CCJS Professor Gary LaFree finds that some political extremist groups are more likely to commit violent acts than others—a belief that’s been...ccjs.umd.edu
The left was far worse back from 66-76 or so. But since then, the view of government has shifted from liberals feeling excluded to conservatives feeling excluded. The result has been a shift from seeing violence as the only remedy has shifted.
I theorize someone will bristle that White supremacists aren't conservative. Well, they are. The vast majority of conservatives are not supremacists, but the vast majority of supremacists have a conservative ideology when it comes to size of government, immigration, welfare, etc. Very few areas do they cross over to liberal. And the El Paso guy specifically had posted how proud he was of President Trump.
Promises made. Promises kept. 🐐 move by her
Really? I'm not saying you're right or wrong, I'm just curious what makes you think that. I don't have stats to prove you right/wrong - I'm guessing you don't either, but I'd be willing to hear where you're coming from on this.
Moving to Ireland could be pretty sweet. Especially if you were reasonably independently wealthy, which I'm guessing she probably is.Rosie O’Donnell threatened to leave the country.
Promises made. Promises kept. 🐐 move by her
Erin go Bragh.
I'm going later this year. Exploring roots. Not establishing residency, though. Lol.
I’ve thought the same thing. A nice little cottage in the Irish countryside. That seems like living.
I’m just not sure I’d want to convert to Islam however.
My edibles buddy lived there a few years for one of his companies. Oracle peoplesoft whatever. Loved it. Had another buddy d1 all American go there to play soccer. Played 3 seasons and came back an alcoholic. Has had 5 DWIs.
I've been three different times and it's great. The last time I went was in 2022 and my cousins and I did a deep dive into exploring our roots. We actually met distant relatives and spent some time with them. We're from a remote area called Belmullet in County Mayo.
My cousins regularly send me listings of houses on a bay or even with ocean views that cost between $250,000 - $500,000. We've talked about going in on a house to rent out and have when we go there, but I'm not sure that's in the cards. I feel like splitting a vacation house that we would rent out three ways sounds a little messy.
Food programs for here and abroad. Get over it kid. Pull yourself up by your bootstraps.
Some of these cuts are really going to be felt in the southern red states who are mostly net takers.
MAGA/White supremacists by far and not even close.
How many participated on Jan 6 in threatening pence and the Senate again?
Very cool.
We’re mostly Tipperary, and have lots of info on the ancestry as far back as the 1850s, with some towns and street addresses.
I’m pumped for the trip. Not excited about driving, though. How’d you do with driving on the left side of the road?
