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When the Tesla scam finally folds, it could be the end of Silicon Valley. Also coupled with the potential sentence of Elizabeth Holmes

by GDC7 5y ago

CyberDildonics 5y ago
You realize that Tesla is moving their headquarters to Austin, is worth 1.1 Trillion dollars, outsells all of their competitors combined in certain categories, Silicon Valley is just a label given to a certain area and can't "end" and Theranos is already a failed company right? What you are saying seems more like a line out of a comic book than something that has matches reality in any way.
- GDC7 5y ago
  > is worth 1.1 Trillion dollars That's the reason why it's a systemic risk. When the financial value of something and the real value diverge so much...people rage will mount when inevitably the financial value collapses back to the real value. People wanted Ballmer's head for keeping things together and allow the real value of Microsoft to catch up with the financial value which was so elevated at the height of the dot com bubble. People have really strong emotions when it comes to their money, if they were raging at Ballmer because the MSFT stock stayed flat after a huge bubble (while all the other tech stock crashed and burned) , I can only imagine what will happen when Tesla implodes. > certain area and can't "end" The dream of Japan becoming a technological powerhouse essentially ended with the Japan stock market bust in the late 90s. So yes, geographical areas characterized by irrational exhuberance can end, when things go south.
  - CyberDildonics 5y ago
    You said it was a scam and now instead of actually explaining that hyperbolic statement you are ignoring it and now saying "system risk" and throwing in irrelevant nonsense. Tesla isn't going anywhere whether you like them or not and they aren't even staying in silicon valley. Saying they are a scam is nonsense and saying silicon valley will "end" is nonsense.
    - GDC7 5y ago
      > You said it was a scam and now instead of actually explaining that hyperbolic statement you are ignoring it and now saying "system risk" and throwing in irrelevant nonsense. It's your 101 financial scam where the CEO aims to divorce his net worth from the real life impact of the company he is at the helm of. Again he's doing so using your 101 deceit techniques such as empty promises, constant stock pumping, cult of personality and UsvThem mentality and creative accounting. It's Enron all over again.
      - CyberDildonics 5y ago
        That's not a scam, that's you being upset at Tesla's stock price. You said Tesla would fold and silicon valley would end and what you really meant was "I'm frustrated with people buying into hype on twitter". This seems like the same old pattern of being hyperbolic to get attention, then walking everything back or ignoring what you actually said once someone replies to you.
        GDC7 5y ago
        > That's not a scam It's a scam. Tesla FSD/Autopilot or whatever they call it is the same thing as Theranos blood test. On top of that you have some other 10-15 avenues of crime, including the creative accounting , the constant lying , the securities fraud, the violent threats to whistleblowers, the rampant drug usage on the factory floor..shall I continue?
        CyberDildonics 5y ago
        A scam would be if people gave them money and didn't get a car in return because there never was a car. This is an unsourced list you repeat out of frustration. A public company valued way above what people can explain with hard assets is not the definition of a scam. Also you didn't explain why it would be the "end" of silicon valley even though they are already moving to austin.
- ImPostingOnHN 5y ago
  > Tesla ... is worth 1.1 Trillion dollars Well that's just it, isn't it? Their book value is closer to 0.027 Trillion dollars. Beyond that is faith. The value of a thing is worth what someone's willing to pay for it, and that willingness changes.
  - CyberDildonics 5y ago
    Tesla's market cap is 1.1 Trillion dollars. https://www.google.com/finance/quote/TSLA:NASDAQ https://www.google.com/finance/quote/TSLA:NASDAQ You can debate the rest with other people, I'm talking about the current state of reality.
    - GDC7 5y ago
      Market cap and the stock are tesla most successful products. 1.1T for a brand which represent 1/200th of the cars in the US. Globally they are something like 1/1000th . This is a scam.
      - CyberDildonics 5y ago
        That is you frustrated with what people are paying on the open market. Nothing stops you from shorting the stock and in fact many sharp people have, with varying success. Again, that's not what a scam is and it has nothing to do with the 'end' of silicon valley.
        GDC7 5y ago
        > Again, that's not what a scam is and it has nothing to do with the 'end' of silicon valley. The free market has rules in place to punish fraudsters and promoters. But because tesla is seen as "green" all those things are on hold for Musk. Much like they were on hold for Holmes who was the golden girl who'd revolutionize our health. > Again, that's not what a scam is and it has nothing to do with the 'end' of silicon valley. Both Holmes and Musk would have never been funded on the East Coast. They'd have been advised to check into a clinic to get rid of their drug habits, go to therapy to solve their personal issues and maybe they'd have gotten a 25k investment.
xenadu02 5y ago
Scam? Tesla is manufacturing and delivering vehicles. The model Y is by all accounts the best vehicle they've made and so far doesn't have any of the problems seen with others. FWIW ours arrived in perfect condition and hasn't needed service.
- GDC7 5y ago
  > Scam? Tesla is manufacturing and delivering vehicles. Enron sold products and services as well. Matter of fact they posted a record 100B revenues, back in the 90s which is even more impressive because even a billion was a lot of money back then. Doesn't mean it wasn't a financial scam engineered by the CEO to enrich himself.

When the Tesla scam finally folds, it could be the end of Silicon Valley. Also coupled with the potential sentence of Elizabeth Holmes

by GDC7 5y ago

When the Tesla scam finally folds, it could be the end of Silicon Valley. Also coupled with the potential sentence of Elizabeth Holmes

CyberDildonics 5y ago

You realize that Tesla is moving their headquarters to Austin, is worth 1.1 Trillion dollars, outsells all of their competitors combined in certain categories, Silicon Valley is just a label given to a certain area and can't "end" and Theranos is already a failed company right? What you are saying seems more like a line out of a comic book than something that has matches reality in any way.

GDC7 5y ago
> is worth 1.1 Trillion dollars That's the reason why it's a systemic risk. When the financial value of something and the real value diverge so much...people rage will mount when inevitably the financial value collapses back to the real value. People wanted Ballmer's head for keeping things together and allow the real value of Microsoft to catch up with the financial value which was so elevated at the height of the dot com bubble. People have really strong emotions when it comes to their money, if they were raging at Ballmer because the MSFT stock stayed flat after a huge bubble (while all the other tech stock crashed and burned) , I can only imagine what will happen when Tesla implodes. > certain area and can't "end" The dream of Japan becoming a technological powerhouse essentially ended with the Japan stock market bust in the late 90s. So yes, geographical areas characterized by irrational exhuberance can end, when things go south.
- CyberDildonics 5y ago
  You said it was a scam and now instead of actually explaining that hyperbolic statement you are ignoring it and now saying "system risk" and throwing in irrelevant nonsense. Tesla isn't going anywhere whether you like them or not and they aren't even staying in silicon valley. Saying they are a scam is nonsense and saying silicon valley will "end" is nonsense.
  - GDC7 5y ago
    > You said it was a scam and now instead of actually explaining that hyperbolic statement you are ignoring it and now saying "system risk" and throwing in irrelevant nonsense. It's your 101 financial scam where the CEO aims to divorce his net worth from the real life impact of the company he is at the helm of. Again he's doing so using your 101 deceit techniques such as empty promises, constant stock pumping, cult of personality and UsvThem mentality and creative accounting. It's Enron all over again.
    - CyberDildonics 5y ago
      That's not a scam, that's you being upset at Tesla's stock price. You said Tesla would fold and silicon valley would end and what you really meant was "I'm frustrated with people buying into hype on twitter". This seems like the same old pattern of being hyperbolic to get attention, then walking everything back or ignoring what you actually said once someone replies to you.
      - GDC7 5y ago
        > That's not a scam It's a scam. Tesla FSD/Autopilot or whatever they call it is the same thing as Theranos blood test. On top of that you have some other 10-15 avenues of crime, including the creative accounting , the constant lying , the securities fraud, the violent threats to whistleblowers, the rampant drug usage on the factory floor..shall I continue?
        CyberDildonics 5y ago
        A scam would be if people gave them money and didn't get a car in return because there never was a car. This is an unsourced list you repeat out of frustration. A public company valued way above what people can explain with hard assets is not the definition of a scam. Also you didn't explain why it would be the "end" of silicon valley even though they are already moving to austin.
ImPostingOnHN 5y ago
> Tesla ... is worth 1.1 Trillion dollars Well that's just it, isn't it? Their book value is closer to 0.027 Trillion dollars. Beyond that is faith. The value of a thing is worth what someone's willing to pay for it, and that willingness changes.
- CyberDildonics 5y ago
  Tesla's market cap is 1.1 Trillion dollars. https://www.google.com/finance/quote/TSLA:NASDAQ https://www.google.com/finance/quote/TSLA:NASDAQ You can debate the rest with other people, I'm talking about the current state of reality.
  - GDC7 5y ago
    Market cap and the stock are tesla most successful products. 1.1T for a brand which represent 1/200th of the cars in the US. Globally they are something like 1/1000th . This is a scam.
    - CyberDildonics 5y ago
      That is you frustrated with what people are paying on the open market. Nothing stops you from shorting the stock and in fact many sharp people have, with varying success. Again, that's not what a scam is and it has nothing to do with the 'end' of silicon valley.
      - GDC7 5y ago
        > Again, that's not what a scam is and it has nothing to do with the 'end' of silicon valley. The free market has rules in place to punish fraudsters and promoters. But because tesla is seen as "green" all those things are on hold for Musk. Much like they were on hold for Holmes who was the golden girl who'd revolutionize our health. > Again, that's not what a scam is and it has nothing to do with the 'end' of silicon valley. Both Holmes and Musk would have never been funded on the East Coast. They'd have been advised to check into a clinic to get rid of their drug habits, go to therapy to solve their personal issues and maybe they'd have gotten a 25k investment.

xenadu02 5y ago

Scam? Tesla is manufacturing and delivering vehicles. The model Y is by all accounts the best vehicle they've made and so far doesn't have any of the problems seen with others. FWIW ours arrived in perfect condition and hasn't needed service.

GDC7 5y ago
> Scam? Tesla is manufacturing and delivering vehicles. Enron sold products and services as well. Matter of fact they posted a record 100B revenues, back in the 90s which is even more impressive because even a billion was a lot of money back then. Doesn't mean it wasn't a financial scam engineered by the CEO to enrich himself.