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Elon and Tesla raking in a lot of chicken feed

Posted on 1/27/23 at 8:04 am
Posted by Homesick Tiger
Greenbrier, AR
Member since Nov 2006
54259 posts
Posted on 1/27/23 at 8:04 am
Almost $12 billion in the last seven days.

quote:

Elon Musk added another $11.98 billion to his bank account over the last week, as tracked by the Dow Jones Market Data Group.

The most recent filings show Musk holds 423,622,000 shares in Tesla worth $53.87 billion as of close of trading on Jan.19. The total value of those holdings jumped to $67.89 billion based on Thursday’s closing price.

The weekly total doesn’t account for Musk’s other assets and liabilities as CEO of SpaceX and Twitter, founder of The Boring Company, and co-founder of Neuralink and OpenAI. Forbes lists Musk’s overall worth at $168.7 billion.

Tesla is up nearly 25% over the past five days and up 48% since the start of the year. The stock remains the Nasdaq 100's best performer, despite being down approximately 42% lower over the past year.

Shares have also rallied the last month, revving almost 30% into the green. Tesla is currently on its longest winning streak since Sept.12, 2022, when it rose for five straight trading days.


LINK
Posted by GeauxTigerTM
Member since Sep 2006
30596 posts
Posted on 1/27/23 at 8:05 am to
I thought his "mishandling" of Twitter was ruining Tesla?!?
Posted by Bulldogblitz
In my house
Member since Dec 2018
26865 posts
Posted on 1/27/23 at 8:05 am to
But but but he's driving twitter into the ground and will lose all his money there!!!!!!!
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89780 posts
Posted on 1/27/23 at 8:14 am to
Like him or not he's generally a Midas in business.

Maybe not as smart or capable as Hunter Biden, but certainly has a demonstrated record of successes.
Posted by NPComb
Member since Jan 2019
27570 posts
Posted on 1/27/23 at 8:18 am to
He has a ton of competition in the EV market.





Just kidding
Posted by Mid Iowa Tiger
Undisclosed Secure Location
Member since Feb 2008
18839 posts
Posted on 1/27/23 at 8:24 am to
I thought Elon was practically broke because he can't make good decisions.

To give you an idea of what $168.7 billion is, that would be 2,600 G-750 aircraft. He could buy and fly for one day a new G-650 everyday of the week for the next 7+ years and not run out of money. That is assuming the $168.7B is fixed - i.e. doesn't grow at all.

He literally can buy what ever he wants and not run out of money. Hell, if he put it all in T-bills the annual interest alone would be insane.
Posted by CleverUserName
Member since Oct 2016
12924 posts
Posted on 1/27/23 at 8:32 am to
Impossible…. The libs told us he is discounting cars because he can’t sell them and Tesla is in trouble. Impossible I say.
This post was edited on 1/27/23 at 8:33 am
Posted by Pvt Hudson
Member since Jan 2013
3619 posts
Posted on 1/27/23 at 8:38 am to
It’s worth half today what it was a year ago.
Posted by oogabooga68
Member since Nov 2018
27194 posts
Posted on 1/27/23 at 8:39 am to
Paging Cwill,. paging Cwill.....Elon Musk is on Line 1....he is soliciting more financial advice from you basement dwellers so that he can do the opposite of what you advise and become even more wealthy....
Posted by Zarkinletch416
Deep in the Heart of Texas
Member since Jan 2020
8492 posts
Posted on 1/27/23 at 9:48 am to
Okay Elon, do this and I'll consider buying one of your EVs.

I want an affordable Sedan that carries two adults and two children with a battery (I'll cut you some slack on this) you can charge in 15 minutes. A battery that does not include cobalt mined using child labor. A battery that powers the vehicle for a minimum of 350 miles (in hilly terrain with A/C and radio on). Plus I don't want the batteries stuck under the car. Stick'em under the back seat. I'll need the truck space for luggage. Mission impossible? Is there anything impossible for Elon Musk and his engineers?

By affordable I mean $ 25 - 30 thousand for a four door sedan, tops!

Fair enough?
This post was edited on 1/28/23 at 9:55 am
Posted by LSUAngelHere1
Watson
Member since Jan 2018
8295 posts
Posted on 1/27/23 at 10:03 am to
My calls TSLA calls are on fire today!
Posted by LaMigra
Member since Nov 2022
1230 posts
Posted on 1/27/23 at 11:14 am to
I have done a 180 in regards to my opinion of the man!

He is a damn genius!! I don’t care or agree with EV’s being the future but the man is above everybody else!

Props to him!
Posted by timdonaghyswhistle
Member since Jul 2018
16421 posts
Posted on 1/27/23 at 12:53 pm to
So the million who people are a millions times dumber than Elon were wrong?

Go figure.
Posted by Meauxjeaux
98836 posts including my alters
Member since Jun 2005
40480 posts
Posted on 1/27/23 at 9:27 pm to
Got in at $120 and $130.

Feel bad for those guys waiting for $80.
Posted by cwill
Member since Jan 2005
54754 posts
Posted on 1/27/23 at 9:41 pm to
So electric vehicles are the future!
Posted by thebigmuffaletta
Member since Aug 2017
13302 posts
Posted on 1/29/23 at 10:08 am to
But Progstains said he’s going broke because he’s allowing free speech on Twitter
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