Yeah he’s for sure not self made lol. His dad owned mine(s) in Africa. He’s probably a standard second generation rich dude who is talented and works hard. The kind of guy who inherits 50-100M and turns it into real money… and then gets called self made by the press because dad wasn’t rich enough for anyone to know his name.
You know like Trumps dad. The third-fourth generation is usually where the money goes away. They tend to really really suck. The second generation are usually super shitty parents and their kids DNA is usually mostly pretty people by that point. (first gen marries someone for looks, second gen marries someone for looks, grandchildren are 25% ambitious lunatic who founded the fortune, and fourth gen are 12.5%… by this point what you have is terribly average people with enough utterly unearned money to ruin their lives completely)
Elon, by his father’s recollection then probably 16 years old, and his brother Kimbal, decided to sell emeralds to Tiffany & Co. on Fifth Avenue in New York – one of the world’s most famous jewellers – as his father lay sleeping. “They just walked into Tiffany’s and said, ‘Do you want to buy some emeralds?’” Errol recalled in an interview with Business Insider South Africa. “And they sold two emeralds, one was for $800 and I think the other one was for $1,200.”
A few days later the family returned to the store to find that Tiffany was selling the $800 emerald, now set in a ring, for $24,000 – a markup of 30 times the price Elon had received for the gem.
Errol has used the story as on object lesson in how retail works ever since. He was surprised but not concerned by the incident, Errol says, because money was plentiful.
And that guys son doesn’t give a shit about money and as a result is an absolutely insane LAG in business. Shocker.
Meanwhile I have to be a nit my whole life because losing means being poor again and I worked way too hard to go back. Maybe if I do it all perfectly my kid can be a crazy LAG who becomes a billionaire. If those are still even a thing in 30 years.
Products exactly like that Tesla glass were available 10 years ago, but never became popular solely because of price and this will be the same, plus it’ll never really be widely available. It’ll mostly be people asking about it constantly and disappointed that maybe they can get some in a year. And tempered glass is much stronger than you might imagine. You could do that on pretty much any solar panel of that size. Once I was disposing of a sliding glass door and it was pretty amazing how hard you had to hit it with a hammer to break it.
Oh shit, there was speculation they might headline a night at a festival some friends and I have gone to the past 4 years and we wrote it off as crazy.
Listened to a bit of Hannity in the van on the way home from work. Apart from Trump, the other shit out his mouth is standard playbook material since forever. Turned on the radio once in the house at home, and it was the top-of-the-hour commercial and news break, and the first thing I heard from the random dude employed to read the ‘pertinent’ headlines of the day was, “Some critics want to keep their private insurance.”
Just trying to stand still and avert change, so we pay an additional trillion per year in healthcare costs, and their portfolios reflect that theft.
Nancy Pelosi is out there saying she’s not a big fan of M4A. I’m sure her husband being a VC/PE type has no impact whatsoever on that. Makes you wonder how much money they have invested in healthcare.
However Elon triggers people, there are 99% better business people to bet against. Find the Trumps and bet against them. There are many. Elon isn’t a Trump.
Everyone says they’d go back to stop Hitler or something, but if I had a time machine, I’d go back to hear RatM at one of those early music store performances.
So my uncle is a senior VP for a home improvement type business. It’s decent sized but has been struggling recently with tarrifs.
Apparently immigration is coming monday. A bunch of his long time employees don’t have papers. People who have worked there 15+ years and run really important areas. They have to quit now and not come back.
Apparently they got warned. How normal is that? Is that even legal?
Also wonder how he feels about Trump now. First the tariffs and now this, basically completely wrecking his company.
I remember on some UK TV, there was a florist who supported brexit, complained after realizing that would wreck his business, then admitted he still supported it. facepalm They’re willing to shoot their own foot off for this shit.
