Exclusive: Tesla presented misleading ‘Full Self-Driving’ safety data to European regulators reut.rs/4vde8bN reut.rs/4vde8bN

I'm not a securities lawyer, but I think they may technically have to file an updated prospectus with this guidance. Also, I think there's no safe harbor here as there would be with regular guidance. Fun times.

If I cure cancer I will get very rich. And a bunch of people on this site will apparently find my sudden wealth outrageous.

The article is totally false btw. You can add up every government incentive my companies have ever received and they amount to less than 2% of the value of SpaceX and Tesla! And many of these incentives actually helped our competitors disproportionately to Tesla or SpaceX. For example, when President Trump removed the $7500 tax credit for electric vehicles, Tesla sales actually INCREASED, because more buyers shifted from other EV makers to Tesla.

SpaceX has achieved a net loss of $41 billion since it was founded in 2002... but it was able to go public and generate a trillion in wealth while also covering his ass on two other projects where he's lost all the investor money. That's what a rigged economy looks like.

The reason anyone gets insanely rich is almost always because of the stock market. It certainly how @elonmusk did. And the reason they get rich from the stock market, is because 150m Americans decided they wanted to own shares of stocks directly, or through their retirement plans, or through other approaches as a way of building their net worth and trying to create a better life for themselves. One Hundred Fifty Million Americans. About 60% of adults. Effectively believing that @elonmusk and many billionaires could make them wealthier and help them achieve a better life. If you want @elonmusk , and most billionaires to no longer be that rich, convince those 150m to sell their stocks, funds, ETFs whatever. Of course you would wipe out the net-worth of most of those people, and everyone else’s savings, as the markets crashed and brought down the economy and created the worst depression we have ever seen. Alternatively There are ways to improve healthcare access and eventually make it available to all. To start - If you want @elonmusk and all billionaires to improve healthcare for everyone , ask them to stop doing business with the enormous healthcare conglomerates and to work directly with transparently priced care providers. It’s the behemoth HC conglomerates that make HC so bad for so many. (Check my timeline for more detail) Removing them would push the cost of healthcare down for everyone. Their corporate decisions impact our healthcare cost and availability. Of course if they do that, not only would our HC costs go down , and the quality of care for their employees and the entire country go up But They would see their corporate cash flow increase dramatically and we would have more millionaires, billionaires and maybe even another trillionaire when that cash flow moved from the big health care conglomerates to their bottom line, so would the net worth of the 150 million American adults that own public stocks Capitalism is better than socialism because 150m Americans can influence exactly what happens in this country.

am I the only one who doesn't understand how a company with $18B in revenue is valued at $1.77T?

Elon Musk has reached trillionaire status with the IPO of his company SpaceX. Bloomberg News ran the numbers — here's what he could theoretically do with all that money bloom.bg/4oxmqbW