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▲ aresant 2 hours ago

This was 100% precursor to the absorption of Tesla into SpaceX and I’m here for it

https://finance.yahoo.com/markets/stocks/articles/tesla-spac...

▲hiitsmyaccount 2 hours ago | parent | next [-]

Yes, let's combine Twitter, an AI company, and a space company with a solar company, car company, battery company, and robotics company, so that we can have one huge valuation that can't be possibly delivered upon and losses will be absorbed for a short period. What could go wrong?

▲gizajob 2 hours ago | parent | next [-]

Japanese companies manage fine doing this kind of thing.

▲Gigachad 2 hours ago | parent | next [-]

Do they have a gigantic tumor like twitter and Space AI slapped on the side? If all of the products were profitable it would work.

▲gizajob 2 hours ago | parent | next [-]

I don’t have time to look up whatever Masayoshi Son has wasted a few billion dollars on today, but yes kinda.

▲ 2 hours ago | parent | prev | next [-]
[deleted]
▲wnmurphy an hour ago | parent | prev [-]

I'm glad someone else gets it.

▲AlotOfReading 2 hours ago | parent | prev [-]

What about Tesla's management style would you call Japanese?

▲gizajob 2 hours ago | parent | next [-]

I’m highlighting that companies can and do have all kinds of departments doing seemingly unrelated things if they want to.

▲AlotOfReading an hour ago | parent [-]

I'm pointing out that Japanese companies can do that because they're organized and managed like Japanese companies. Tesla is not, and in fact lacks pretty much all the organizing characteristics and long term planning that enables keiretsu to function.

▲merekmob 23 minutes ago | parent | prev [-]

Kamikaze

▲killbot5000 2 hours ago | parent | prev | next [-]

Tesla-Yutani

▲fnordpiglet 2 hours ago | parent | prev | next [-]

It would almost be as big a monstrosity as Amazon

▲burnerRhodov3 2 hours ago | parent | prev [-]

but... All elon companies. More valuable bundled, because all the elon lovers don't have to pick where they throw their tithes. I'd love it even more if they throw in a tunnel construction and a human brain implant company in the mix while they are at it.

▲wnmurphy an hour ago | parent | prev [-]

This would be a horrible deal for Tesla investors.

Long-term investors would lose about 40% of their investment to subsidize the inflated valuation of X (bought by xAI), the inflated valuation of xAI (bought by SpaceX), and SpaceX (whose valuation is based on the assumption that demand for inference is effectively unlimited, and that everyone will prefer hardware in space over Earth).

The valuation of both companies was inflated prior to acquisition, and Tesla shareholders will be asked to dilute their investment by absorbing that cumulative inflation.

Not even to mention that Musk would have exclusive control over the entire conglomerate, with not even the pretense of a Board to check his power.

When even Steven Mark Ryan is like "let's pump the breaks a little bit," you know it's bad.