Re:Elon Musk to join Twitter’s board of directors
by cactus2093 on Tuesday April 05, 2022 @12:15PM
(#30920892)
150x on your investment in 9 years is more than "a little money".
Re:Elon Musk to join Twitter’s board of directors
by pavlov on Tuesday April 05, 2022 @01:09PM
(#30921723)
It was a very good return on a small investment. I mostly missed the post-pandemic boom selling too early, so I guess I made around 20-30x overall.
Doesn't change my opinion of Musk's practices. If he's selling very expensive features that are actually donations into the hopes & dreams tip jar, it should be clearly marked as such.
Re:Elon Musk to join Twitter’s board of directors
by dwighttk on Tuesday April 05, 2022 @12:36PM
(#30921177)
~10x? Or were there a lot of splits my numbers aren’t showing?
Re:Elon Musk to join Twitter’s board of directors
by cecilpl2 on Tuesday April 05, 2022 @12:47PM
(#30921359)
Depends on when you bought in 2013. I bought in early 2013 at $32 (pre-split), for about 200x.
If you bought late in 2013 you probably paid ~$180, for only 30x.
Re:Elon Musk to join Twitter’s board of directors
by Sohcahtoa82 on Tuesday April 05, 2022 @01:10PM
(#30921728)
I bought a Tesla in 2019 and chose not to buy FSD because I knew it wasn't implemented yet and won't be for several years. If you thought you were going to get FSD any time soon, you weren't paying attention.
Re:Elon Musk to join Twitter’s board of directors
by pavlov on Tuesday April 05, 2022 @01:31PM
(#30922067)
Paying attention to what? The lackluster sensor hardware on the Model 3? I guess I wasn't paying enough attention to that at the time.
That's not some kind of consumer protection escape hatch, though:
"Yeah, we sold them software that will never exist, but because it's actually impossible to implement on our hardware, it's their fault for buying it."
Re:Elon Musk to join Twitter’s board of directors
by Sohcahtoa82 on Tuesday April 05, 2022 @01:55PM
(#30922462)
I disagree with the idea that the hardware isn't adequate. I think it is, but that the software is much harder than Elon thinks, and even after nearly 10 years, he still hasn't learned how hard it is.
I think the software WILL eventually exist. Just not on the timeline Elon thinks it will.
The fact that I made a little money on Elon's coattails doesn't make it OK for him to constantly lie to customers.