Tesla's Price Action, Elon's Twitter Purchase, Recession Fears with Tom Nash – Podcast 018



Tesla #Twitter #ElonMusk Tom and I sit down for Part 2 of our discussion. We discuss Elon’s recent Twitter purchase, Tesla’s …

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32 Comments

  1. Well, I think it's obvious, Tom needs to start giving video classes on finances to us retail investors.
    Obviously behind an (affordable) paywall. =)

  2. I feel like Twitter is Elon's reaction/frustration to the continuing delays at Boca Chica. I think if he had gotten FAA approval for S. Texas launches, Elon would be focused primarily on rockets right now.

  3. This you need to tell the people about this ? Like the world needs to go back the way it have been 2 years or 3 years ago. You need to cut tax but not rises taxes and how we pay that is the other country pay us. He says that not?

  4. Totally agree on the left/right divide on Twitter. Like any of them really understand what Elon wants to accomplish with the platform and how that will affect them.

  5. Love u guys, but I call chicken shit. You guys know why things got hateful when Obama was Elected, but you were too afraid to say it. You know it, but too afraid.
    Too afraid.
    Too afraid.
    Too afraid.
    It fits the narrative everyone hates to admit about our country.
    Chicken shit.
    Makes me sad.

  6. Trump's tax cut wasn't about bringing back money, it was about cutting taxes, which is republican's solution to everything. I don't think the other half worked much. I didn't find any data on that, but the overall effect of the tax cuts was negligible GDP growth at the cost of significant increase in deficit, and cuts to important social programs (as always). Corporations spent the extra money of stock buybacks.
    The usual mistake everyone makes is only paying attention to one side of the equation. For an economy to grow two things needed, capital and demand. You can increase capital by tax cuts, but not demand. If demand is the limit, the extra money will just go directly to rich people's pockets. How do we know that demand is the limit? Simple, advertising. The main goal of advertising is to increase demand, so you only spend on it if that's your bottleneck. For example Tesla doesn't advertise because they are limited by supply, not demand. Another indicator is deflation, because the other way to stimulate demand is cutting prices.
    I think on thing that made the current economy so strong is the stimulus money that went to the people, instead of corporations. The only problem is that supply chains are still struggling to recover, so now everyone is supply limited, and the extra demand creates inflation.
    A supply limited economy is good, because it reduces unemployment, increases wages, incentivizes innovation, incentivizes investing, incentivizes entrepreneurship. A demand limited economy instead leads to higher unemployment, lower wages, seeking cheap labor abroad, and so on. That's what the US was struggling with since at least Reagan.

  7. The problem is you’re blaming this social media algorithm for division the division has been there since post civil war. Jim Crow laws are less than 60 years ago only 2 generations ago. Social media only allowed the extreme right to show its true side that led to the left to run far left.The far left being far more educated as statistics show won the war of who owns social media but now the left has come to a place where anything that smells like right is muted

  8. people WILL get exhausted from conflict and actually try to make their point constructively. i know that on facebook…i'll go off on someone…back and forth…then eventually i'll delete my original comment and start over with reasoned discourse. the screaming anger is cathartic though and possibly necessary as a starting point. this leads to the necessity of teaching kids to never get offended by anything that someone says.

  9. Definitely not a child language friendly vid, but enjoyed the discourse that covered so many subjects.

    I owned a Mazda 3 for 10 years because there was a 1 year wait time for a Prius, that was back in the last decade. I now own an Dodge Ram 1500 but I moved out of the city.

  10. I have thought that the real problem with social media is not so much what people say, but how they say it. If you put people in a temporary penalty box for using inflammatory words like sheeple, ass, idiot, and slurs in general, it should force a better environment for discourse.

    The other issue is algorithms that only suggest content that satisfies your echo chambers. Somehow people have to see more random content each day. Newspapers used to tend to do that. Social media has never done that.

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