Tag Archives: elon musk

12/5/24

Department of Government Efficiency — DOGE

I am quite excited about President to be Trump’s Department of Government Efficiency and even more excited to see that Elon Musk and Vivek Ramaswamy are in a leadership role. This will be fun. [Admission: I am more excited about the Georgia v Texas SEC Championship game this Saturday at 4:00 PM, but I am still excited.]

Before we get too DOGEy, let’s review some history on the subject of bringing efficiency to the Jabba the Hutt Federal government. Buuuuuuurp! Excuse me.

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02/19/24

Don’t Cry For Me, Elon Musk

Elon Musk, whose 2012 employment agreement compensation was the largest in US corporate history, is angry that the Delaware Chancery Court invalidated his 2018 employment agreement (also the largest in US business history).

The 2018 agreement is fairly described as being a “performance based, equity compensation plan.” It contained a dozen milestones each of which when attained delivered to Musk approximately 1% of the shares of Tesla.

BTW, Elon Musk does not draw a salary.

Musk enjoying a blunt on Joe Rogan’s pod cast.

In his sophomoric anger, Musk has threatened to move Tesla’s state of incorporation from Delaware to either Nevada or Texas. This would require shareholder approval. Seems wildly childish and small, but, hey, Elon Musk is Elon Musk.

Nevada corporate law is modeled (plagiarized from) on Delaware law and has only a decade of experience whilst Texas has jury trials. You do not want a jury trial if you are a public company.

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07/23/20

Tesla and Austin By God Texas For The Win!

Old news already here in the People’s Republic of Austin, but maybe you haven’t heard: Elon Musk has picked Austin By God Texas for the next Gigafactory at which to build the new Tesla Truck.

Hook ’em, Tesla!

Elon had NOT been smoking anything when he made the announcement and he thanked Tulsa, Oklahoma for making a pitch to keep the Austin pitch real.

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02/14/20

Elon Musk — Quick Trigger Capitalist

I am a huge fan of the core businessman Elon Musk. Not so much on him personally. Very skeptical on Tesla.

Having said that, I rise to applaud Elon Musk (I was going to call him “Elon” like he and I are pals, but we’re not) for being quick on the draw as it relates to using the current uptick in Tesla stock as a means to raise additional capital in a secondary offering.

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11/22/19

The Fredo 2019

Big Red Car today announces a new award, The Fredo.

The Fredo is awarded annually to the individual who best exemplifies the character of Frederico “Fredo” Corleone in Mario Puzo’s novel The Godfather.

In case you have been overseas for a long time (maybe living in Ukraine working for Burisma) or residing in a cave, Fredo was the older brother of Michael Corleone (the smart one played against type by Robert De Niro). Fredo was played by John Cazale in the Francis Ford Coppola adaption of Puzo’s book.

In particular, Fredo appeared in Godfather Part II.

Fredo, Sonny (got whacked early), Pop, and Michael home from the Marines in WWII

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10/5/18

Elon Musk and the US SEC – Shortsellers Enrichment Commission

Big Red Car here, following the unending saga of Elon Musk of Tesla fame and his continuing dialog with the United States Securities and Exchange Commission.

“Just want to [say] that the Shortseller Enrichment Commission is doing incredible work. And the name change is so on point!” Tweeted by Elon Musk.

Is this the smart play?

Image result for images elon musk smoking weed

Elon Musk taking a toke to release his inhibitions?

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09/7/18

Tesla Talk – Elon Musk

The Big Red Car is a fan of Tesla, the idea of a new kind of electric car is exciting. It has been a “thing” for a decade. The BRC is, however, skeptical of the leadership of Tesla, specifically Elon Musk.

Image result for images elon musk smoking weed

Tesla CEO Elon Musk smoking a perfectly legal joint while being interviewed by Joe Rogan for a podcast. Rogan offered the joint to Musk after saying he had rolled the weed in tobacco leaves. Asked how often he partakes, Musk said, “Almost never.” Prior to this, Musk and Rogan had been chatting while enjoying some Old Camp on the rocks. They discussed expensive cars, watches, the dangers of artificial intelligence, space travel, terra-farming on Mars, and weed. The interview started at 9:30 PM and lasted until 12:15 AM.

Is it possible to be a fan of a product and a skeptic of a company? Concerned about the stability of a CEO? Apparently.

Several odd things have caught my Big Red eye.

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