The TSLA Market / Economy

Have no particular love (nor hate) for Elon Musk, but I’ve seen enough Teslas on the road during this trip back to the States to know that I’d enjoy driving one.

Grunch. Elon didn’t build Tesla.

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Aren’t orgs coming up with socially-responsible ETFs these days? I need to look into that sometime.

They’re annoying to be behind in LA traffic because they leave too much space behind the car in front of them when in autopilot. So drivers are always whipping into that slot and slowing the lane down.

That’s more of a bad drivers problem than a Tesla problem.

It’s happened enough that I assume they’re in autopilot. which won’t allow the normal amount of LA space (less than another car can reasonably squeeze in).

Those are mostly bullshit though, just take a quick look through the companies included in most of them and you’ll see a who’s who of the worst companies in the world. Nestle is in any of them that include international companies, then you’ve got Facebook, Amazon, etc etc. They mostly just exclude defense contractors and tobacco companies and call it a day. Afaict when you’re investing you have 2 choices: make money or maintain morality (whatever that means to you) but you can’t pick both.

I figured that ecosystem was probably loaded with scams. Are there any legit ETFs that aren’t supporting slave labor?

I haven’t done an extensive search by any means but all the ones I looked at the last time I checked (maybe a few months ago maybe) were riddled with terrible shit. It’s possible someone has pulled it off but probably none of the big mutual fund companies.

No one wants to think they are a bad person, so they are always happy to draw the line of what is bad (e.g. crypto) just a bit further than what they are doing (e.g. the stock market/investing in companies who are doing more to ruin the world than crypto - e.g. oil and gas companies, arms manufacturer). It also allows people to think that they are moral people (and ignore all the bad things they are supporting with their money) because they foregoing all the money they could be making if they were willing to do this one “bad” thing. Crypto makes a perfect foil in this regard.

Just a year ago, many people here were happily trying to play meme stocks to make a few $. I’d argue that meme stocks are just as much a “fake money scheme” that was “obviously a pump and dump with rampant fraud promoted by the absolute biggest scumbags imaginable.” So not sure how that is any better than investing in crypto - other than maybe a bit less power wasted - but pretty much everyone on this board was fine with it.

Please note, I’m not saying playing meme stocks was wrong, just that people have very selective moral outrage.

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I don’t have any moral outrage. Feel free to waste your money buying apes and fake money. Just spare me the indignation and hypocrisy, and don’t waste my time and intelligence claiming it is all good, actually.

You do realize the entire cruise stonks thing is mostly a parody of suzzer and your posting in the crypto thread right? I couldn’t really care less what you guys invest in but let’s not pretend like you weren’t over in the crypto thread spewing the indignation and hypocrisy for months before the cruise stonks stuff got started.

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Crypto / NFT / whatever is appealing to people because it offers an apparent free lunch. There’s all sorts of libertarian-type “stick it to the man” bullshit happening around these scams. You guys don’t get to say “wanting to invest to make money makes you a scumbag” and also say “wow this bored ape pump and dump is fucking awesome!”

Hold on a second. Let’s not get this twisted. Calling something a pyramid scheme is not remotely the same thing as saying “you are a bad person for investing in X”. Some of the NFT guys may take it that way. But that’s because they’re hypersensitive and have a tendency to take criticism of NFTs as a personal attack.

In fact if you rewind the tape, the outburst calling out my moral character for owning cruise stonks came in response to a poll I posted - asking if people in the crypto thread had cashed out any of their winnings. The horror.

Only one side is making this about “your investment is immoral”, and mostly only one poster at that.

i saw a rivian truck on the street the other day. looked pretty sick

Eh, getting personal over who’s invested in what isn’t great for the thread. Go ahead and play apes or cruise stonks.

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LOL. Suzzer. You really think I care if you invest in cruise stonks? I’m mocking the fact you and Riverman can’t see you are engaged in the same immoral behavior and scames you have spent days worth of time posting about in the crypto thread.

Literally no one from the discord crew was here posting about how bad cruise stonks were until you all showed up to post the way you did in the crypto thread. No one cares about the fact you invest in that stuff other than the fact it’s ridiculous you and Riverman constantly shit all over the crypto thread with arguments that could easily be leveled at your own behavior. Then you call me deranged and a hypocrite when I am literally doing a bit about your own previous posting.

Anyways for the good of everyone else I will drop this for good.

Forget meme stocks, just look at the M2 money supply chart and look at the faces of Zuck, Bezos, Musk, Gates, and Dimon and then tell me who his quote better applies to lol.

Comparing ownership in ongoing enterprises that make and do all the things that keep the world running to NFTs is pretty lol.

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Right? You could easily argue most of the ongoing enterprises that “keep the world running” are morally worse than cartoon apes! That’s kind of been my point this whole time.