10/8/21

Tesla Makes It Official — HQ Is Moving To Austin By God Texas

Yawn! You knew it was going to happen. It was always in the cards and now the hand is dealt. Cards are face up.

First, the Gigafactory for the new Tesla pickup and now this. A couple of other Musk companies along the way.

Austin By God Texas is to be the new home of the Tesla headquarters according to the man himself, Elon Musk — who also moved to Austin earlier last year.

Austin By God Texas, where the world is moving. No income tax, y’all.

But, hey, what the Hell do I really know anyway? I’m just a Big Red Car.

The_Kiss

Austin and Elon Musk, a match made in Texas. Thanks, California.

12/3/20

COVID Exposes The Weaknesses

Business environments are impacted by laws, regulation, and leadership. This happens at the state level.

The business environment in, say, New York and California is different than the business environment in Texas.

COVID and the pressure upon Governors — the CEOs of their states — to steward the business environment in their states whilst simultaneously dealing with the pandemic has accentuated differences in state leadership and regulation.

These differences have triggered meaningful mobility amongst companies and investors.

Continue reading

08/31/20

The Murky Science Of Stock Splits

Today, two things happened:

 1. Apple split its stock in a 4:1 ratio.

You owned a single share of Apple yesterday at $500. Today, you own 4 shares at an initial value of $125.

 2. Tesla split its stock in a 5:1 split.

Yesterday, you owned a single share of Tesla valued at $2,200 and today, you will own 5 shares valued at $440/each.

Continue reading

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.

Continue reading

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.

Continue reading

05/23/19

Tesla Dips

I am a huge fan of the Tesla story — brash entrepreneur starts electric car company.

The story is four fold:

 1. Car — great car

Image result for image tesla car

 2. Elon Musk — irrepressible entrepreneur

Image result for images elon musk

 3. Disruption of, perhaps, the most well-organized and entrenched industry

 4. The stock, TSLA

Today, we talk about the stock. You will recall some time ago Elon Musk got in trouble for whispering he had backing to take the company private at $420/share. Several million dollars later, a few US Securities and Exchange Commission scoldings, a bit of public humiliation, the story came to be — well maybe Elon Musk didn’t have the requisite backing.

Continue reading

11/15/18

Corporate Welfare – Incentives

Corporate welfare, Big Red Car? Huh?

Big Red Car here on a sunny, cold Texas day. Ahhh, winter is here at 41F at dawn, but 65F now. Winter is hard in the ATX, y’all.

So, the Interwebs are all aghast at the gargantuan incentives provided to Amazon (richest guy in the world, Jeff Bezos, at your service) by New York and Virginia to get half of the new HQ2.

The gainsayers and the naysayers are in full throated-uproar, but nobody is really keeping score on these things, are they?

Let’s go back and explore a recent deal — the Tesla SolarCity Buffalo, New York incentivized transaction.

Image result for images elon musk

Oh, my, what have I done now? Solar City? Rooftop solar panels? Was that me?

Continue reading

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?

Continue reading