Elon Musk

inbetween said:
The Sheikh bought city as an asset, he originally paid £200m and if city are apparently worth £4bn then that's a mere +1900% return.
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Except that it's not, because after buying the club, he also invested a further £1.3bn into it. So that's an investment of £1.5bn increasing in value to £4bn in 16 years. Basically not much more than 6% a year in reality.
 
inbetween said:
Why is it nonsense?

City are valued at an estimated £4bn but we only make what £80m profit per year? Did the Sheikh really buy city because he wanted a business that made £80m a year? That's nonsense.

The Sheikh bought city as an asset, he originally paid £200m and if city are apparently worth £4bn then that's a mere +1900% return. Assets are valued by what somebody else is prepared to pay. City as a brand for example are worth something and so is our intellectual property, you can't reduce that to a profit/loss account.

Tesla has 3,198,000,000 shares in issue and they're currently trading at $400 each. That's a market capitalisation of $1,279,200,000,000 = $1.28tn. Do the same maths for Ford and they're worth what $40bn? Musk could easily buy Ford if he wanted to, it would make far more sense than buying Twitter for $40bn which never made a single penny of profit.

If you had to invest in a future asset then ask yourself today would you rather hold Ford shares or Tesla shares? If you had bought Tesla shares just 5 years ago then you'd be sat on twenty times your original investment whereas with Ford you'd probably still have whatever you started with.
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Buying Twitter has made him a kingmaker. That’s worth more than £40b.
 
Mr Kobayashi said:
They don't have the required votes to reach the qualified majority needed to pass an ammendment to the federal constitution.
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When you look at the state of his nominations for the top jobs I’d hope that gives you an insight into his regard for rules.
 
Pedestrian said:
When you look at the state of his nominations for the top jobs I’d hope that gives you an insight into his regard for rules.
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There's rules and there is the constitution.

Forcing through an illegal change to the constitution would result in circumstances that could lead to states seceding and civil war.

I dont think Musk wants the Presidency or VP he has power as king maker and doesn’t have to move away from his business interests and obsession with breeding and establihing a colony on Mars.
 
Mr Kobayashi said:
There's rules and there is the constitution.

Forcing through an illegal change to the constitution would result in circumstances that could lead to states seceding and civil war.

I dont think Musk wants the Presidency or VP he has power as king maker and doesn’t have to move away from his business interests and obsession with breeding and establihing a colony on Mars.
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I’m not sure musk really knows what he wants. He strikes me as someone who’s coming to grips with the power he has. The best we can hope for is the two almighty egos clash and trump fucks him off. Musk moving into UK politics will be a disaster for us and Europe.
 
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