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There's a price discount associated with the risk that reflects the probability of the merger going through. It doesn't necessarily mean "most". But...why is
by forgetsusername 10y ago
There's a price discount associated with the risk that reflects the probability of the merger going through. It doesn't necessarily mean "most". But...why is this on the front page?
- ap3 10y agoBecause Elon ?
- M_Grey 10y agoFor the next decade or so, communities like this will be fiercely defensive of anything Musk in involved in; not unlike people who would chant "Don't Be Evil" at you if you tried to point out some trouble with Google on the horizon. Just because people are technically inclined and bright, doesn't mean they're not subject to the same human frailties as anyone else, including the desire for heroes. Then, when those heroes disappoint... outrage.
- toomuchtodo 10y agoQuickest production car currently in production (P100D), a first stage booster that reliably returns to the pad for reuse. Disappointed? Hardly. Even if Musk loses everything, he's done more than most (if not all) people who have that kind of money.
- M_Grey 10y agoLets have this conversation in a decade, and if you still feel that way, believe me we'll both be very happy about. The only difference is that I'll be surprised.
- ericb 10y agoElon, a private individual, has made rockets, something most governments haven't achieved. His rockets fly to space. Then they land standing up. On a barge. In the ocean. Not sure what it takes to impress you, but when something finally does, be sure to submit it right away.
- mhurron 10y ago> Elon, a private individual, has made rockets A group of engineers under the name of one man made rockets. Musk himself did not do this. If you're going to cheerlead, cheerlead for he people that did the work.
- Walkman 10y agoBy this logic, Steve Jobs has nothing to do with the iPhone.
- toomuchtodo 10y agoI own shares of Tesla Motors, and I'm perfectly fine with it all going to zero, as long as Musk and Company make as much headway as possible towards electric mobility and shifting us to renewables. I will never be disappointed by Musk because he's authentic. I'm sorry you can't appreciate the fortitude required to push as hard as he (and his entire team) has.
- M_Grey 10y agoI'm just less of a cheerleader, and more someone who likes to study patterns in history.
- jsight 10y agoOh, I can understand that perspective. I do expect that the company will have fewer ardent cheerleaders in 10 years. However, they may also have fewer ardent critics and more moderately happy customers. That seems to be a common pattern with companies like this. :)
- rememberlenny 10y agoAt 33, you have over 200k in stocks for a single company from working in IT. Can you elaborate? Are you all in on Tesla?
- deleted 10y ago[deleted]
- toomuchtodo 10y agoPrudent financial decisions. Not all-in on Tesla.
- forgetsusername 10y ago>I'm perfectly fine with it all going to zero, as long as Musk and Company make as much headway as possible towards electric mobility and shifting us to renewables. You know you can root for Tesla without risking your financial future, right? Do you support the auto majors who are also doing much of the same work, but less so in the public eye?
- jsight 10y agoSince everything that he said was past tense, I'm not sure what would change? The same people who criticize 2016 Google will give 2006 Google a lot of credit. I don't see how Tesla would be any different.
- forgetsusername 10y ago>Quickest production car currently in production (P100D), a first stage booster that reliably returns to the pad for reuse. This is an announcement that there's an upcoming shareholder vote...
- elihu 10y agoI don't think there's necessarily any "human failing" involved here. At one point, Google was doing things that were inspiring and significantly changed how people use computers. Now, they're a lot more active in collecting personal data and I can't name one product they've released in the last five years that I'm excited about. My opinion of Google has changed to reflect the current situation. A similar thing happened with Microsoft. In the 90's, they basically paved the way for commodity hardware. I could buy an OS from them and run it on any hardware I liked. That was a big deal. Unfortunately, the software ecosystem stagnated because it was dominated by one company for so long. (I switched to Linux at the time and have been using it ever since, but Linux was successful in part because hardware was commodized.) Tesla and Musk's other projects might follow a similar trajectory of doing amazing stuff for five or ten years and then coasting on their established reputation from then on. However, that's no reason not to be excited about the stuff they're doing now.
- mikeash 10y agoTesla is a really interesting company for people here, so its every move tends to get posted. Usually that's reasonable, since they tend to do interesting stuff. The SCTY merger is interesting since it's a big deal and will have a big impact on the company, but this particular link doesn't seem to have all that much to add.
- erdevs 10y agoWhy wouldn't it be on the front-page? Seems there is some newsworthy info here as well as a clear call to action. They announced the shareholder vote date, had a schedule for upcoming combined product announcements over the next ~3 weeks, and asked their shareholders to vote on the deal. All newsworthy, it seems.