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I m just a rich girl...dodadomie doebie doe... by flay1976 in teslamotors
[–]PrinceNightTTV 0 points1 point2 points 18 hours ago (0 children)
I don’t mean it literally.
I meant it was super cheap.
[–]PrinceNightTTV -1 points0 points1 point 21 hours ago* (0 children)
Jeff Bezos and Elon Musk don’t have this much money.
They’re simply WORTH that much based on their ownership of Amazon and Tesla.
Every single one of you could’ve bought Amazon shares or Tesla shares when it was trading for pennies for decades. But you didn’t. That’s your problem. Jeff and a Elon bought shares and held on to them. Now they’re rich
They can’t access any of this wealth. SEC and board and shareholders won’t let them. They can access a small portion every year without hurting the stock price but they’ll lose ownership of their companies.
It’s absolutely mind blowing how many people don’t understand how this shit works. Lol.
$TSLA Daily Investor Discussion - July 10, 2020 by AutoModerator in teslainvestorsclub
[–]PrinceNightTTV 10 points11 points12 points 3 days ago (0 children)
Based on your post history, you’re extremely biased against Elon.
You’re so mad and I love it. Lol.
[–]PrinceNightTTV 1 point2 points3 points 3 days ago (0 children)
Correct me if I’m wrong, but isn’t it more difficult to short the stock its shares are priced higher. I mean, sure large institutions can still short but not your average trader on twitter.
Daily Discussion Thread for July 10, 2020 by AutoModerator in wallstreetbets
[–]PrinceNightTTV 10 points11 points12 points 4 days ago (0 children)
This TSLA squeeze is beautiful. Bears can’t hang on. Bull aren’t letting go.
[–]PrinceNightTTV 0 points1 point2 points 4 days ago (0 children)
It’s a squeeze. TSLA shorts can’t hang on.
[–]PrinceNightTTV 14 points15 points16 points 4 days ago (0 children)
GET FUCKED TSLA BEARS.
[–]PrinceNightTTV 9 points10 points11 points 4 days ago (0 children)
WHO WEARS SHORT SHORTS?
[–]PrinceNightTTV 15 points16 points17 points 4 days ago (0 children)
TSLA TO 1500 BABY. GET FUCKED BEARS.
[–]PrinceNightTTV 4 points5 points6 points 4 days ago (0 children)
Get squeezed bears.
Q: Why Elon prefers water tower workers instead of the aeronautical engineers when building the Starship? by Potassiumbanana00 in SpaceXLounge
Who cares about SpaceX skeptics?
Lol. They’re not selling you any shares or products. Who cares what regular people think of them? NASA, US military, and other important people trust SpaceX to carry out their important mission. That’s all that matter.
If SpaceX does need public support, they have that as well. Millions of people around the world love SpaceX.
NymN Will Be Holding An Everland Fundraiser by ImmaHeadOutAboutNow in LivestreamFail
This subreddit isn’t as smart as one might hope.
[–]PrinceNightTTV -4 points-3 points-2 points 5 days ago* (0 children)
He isn’t as wealthy as many people think, as mentioned by a close friend of his.
Also, none of these costs are being offloaded to viewers. You’re not being forced to donate. If you don’t want to, then don’t. Also, I don’t think anyone is trying to guilt you into donating or going to make you feel bad. They’re just doing a stream. If you show up and want to support, go ahead.
Edit: Thanks for the downvoted for pointing out the obvious? Lol. This subreddit is amazing.
@elonmusk: Long-term purpose of my Tesla stock is to help make life multiplanetary to ensure it’s continuance. The massive capital needs are in 10 to 20 years. By then, if we’re fortunate, Tesla’s goal of accelerating sustainable energy & autonomy will be mostly accomplished. by advester in SpaceXLounge
[–]PrinceNightTTV 12 points13 points14 points 6 days ago (0 children)
Sigh...you really linked that?
There have been votes to remove him but majority of shareholders let him stay.
Same thing will happen with this.
Lol. Who cares what SOME shareholders are saying? It has to do with the MAJORITY. His package has already been APPROVED.
[–]PrinceNightTTV 10 points11 points12 points 6 days ago (0 children)
I’m not saying they can over rule the SEC.
However, they can sue or fight the charges bought by the SEC.
I 100% guarantee you Tesla shareholders are absolutely loving Elon’s leadership. You do realize that they can fire him at any time, right? He’s still CEO, because shareholders still approve of him.
He already has a plan, and I doubt shareholders/board would be OK with the SEC forcing Elon to step down from CEO. I’m pretty sure Elon wanted to fight the SEC but decided to give in. I remember Mark Cuban telling him to not fight the SEC and that it’s not worth it.
Also, he already owns nearly 20% of Tesla. Along with Starlink generating tens of billions of dollars, Elon won’t have to use up all of his shares to fund SpaceX’s mars plans.
Tesla being super petty.... by Serpenio_ in teslamotors
[–]PrinceNightTTV 52 points53 points54 points 8 days ago (0 children)
I’m not sure how some people here don’t understand how for profit companies work...
If Tesla believes that he isn’t good for their brand, then they won’t associate with them which means kicking him out of their referral program.
He can still buy their products. Talk about them. Do whatever.
However, Tesla doesn’t want him to be in THEIR referral program. Simple as that.
$TSLA Daily Investor Discussion - July 06, 2020 by danvtec6942 in teslainvestorsclub
[–]PrinceNightTTV 10 points11 points12 points 8 days ago (0 children)
TSLA going up is nice but remember... that means FUD will also increase. Stay alert. Keep informing people. Don’t let misleading headlines get away.
Reckful showing the scale of a billion dollars. This blew my mind back in the day by cdank in LivestreamFail
[–]PrinceNightTTV 1 point2 points3 points 8 days ago (0 children)
Yeah, it sad to see so many people not understand how wealth works... they think these people just have billions of dollars of cash lying around. Same.
It’s also a lot easier for a millionaire to lose a million than a normal person, so what?
Yes, it’s easier for Bezos to make a billion because he owns 11% of Amazon. If the stock market continues to rise, his investment does as well. However, the PERCENT is the exact same. Do you understand how investing/trading securities work?
He doesn’t have an inconceivable massive amount of money. He has SHARES. He doesn’t have actual money. He can sell his shares but only through packages, with the SEC and shareholders and board members approval.
Also, why does it matter how much wealth he has? Are you suggesting we should have him pay more taxes or his wealth should be distributed? Because... let me tell you about how there’s a certain organization that prints trillions of dollars of cash and pumps it into the stock market... or how it spends trillions of dollars on starting wars. Lol. If you think Jeff’s wealth which isn’t real but tied to the stock market is insane... take a look at how insane our government is.
And you completely ignored my point in my last message.
Amazon traded around $1-$200 for 10 years! The average American could’ve become extremely rich if they had bought shares during this range but they didn’t.
Also, Jeff didn’t buy billions of dollars worth of Amazon shares and then sell it for more billions of dollars.
Again.... you still don’t understand how his wealth came to be so this argument is pointless.
Have a good night man. See ya.
Read this for a better understanding of how Jeff’s friends and family became millionaires/billionaires for invested a small amount of $50,000. https://i.imgur.com/FrIBf9i.jpg
[–]PrinceNightTTV 2 points3 points4 points 8 days ago* (0 children)
You’re asking if Jeff works 400,000 times more than the average American? No. He doesn’t.
However, his wealth isn’t tied to how many hours he works. It’s tied to how he invested the most capital in Amazon’s early days which allowed him a large ownership of the company. Then, over the years, the stock went up (which btw, anyone can buy now) and his shares went up as well which increased his net worth.
If the average American had invested the exact same amount of capital that Jeff did in Amazon in the early days and they didn’t sell any shares, then they’d be worth the exact same.
Amazon went public at $1. It traded under $1000 from its IPO at 1997 to 2017.
If the average American had bought Amazon shares in this range from their savings every year, they’d be worth a shit ton as well. And the best part? They wouldn’t have had to work at Amazon.
However, the average American didn’t buy Amazon shares when it traded in this range but Jeff did. Now, Amazon shares are trading at $2,890 and everyone’s upset that Jeff decided to hold onto his shares? Lol. Like I said.... people on Reddit are ignorant when it comes to this subject.
[–]PrinceNightTTV 4 points5 points6 points 8 days ago (0 children)
The average American doesn’t own 11% of Amazon. (Used to be 25%)
Jesus. The amount of 12 year olds on Reddit that don’t understand where his “wealth” comes from is mind blowing.
1969, 2011 and 2020: same pad, same flag. Happy 4th of July! by stratohornet in space
[–]PrinceNightTTV 0 points1 point2 points 8 days ago (0 children)
NASA rockets are built by private contractors as well.
Elon doesn’t hate union. He’s not a fan of UWA, and you shouldn’t be either. There are some unions that are corrupt, UWA is one of them. Also, SpaceX works with union contractors.
That was fast... Short shorts available for $69.420 by MooseAMZN in teslamotors
[–]PrinceNightTTV 44 points45 points46 points 8 days ago (0 children)
They’re not losing millions. They’re losing tens of billions.
Small streamer calls his dad because he's so excited having played with Lirik and having his community shower him with support by -eDgAR- in LivestreamFail
[–]PrinceNightTTV 499 points500 points501 points 10 days ago (0 children)
On second thought, we just need more Lirik on this subreddit. He’s a very wholesome and chill streamer with fails here and there. Exactly what this subreddit is suppose to be about.
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