in a sense you are right bc if htey did they would protest for it. question is why dont they?
i would guess polls suggest high support for expanding public transit
Only 5% of next car purchasers expect to buy all electric cars-Road and Track.
- Thread starter quad decade guy
- Start date
i would guess polls suggest high support for expanding public transit
oldngray
nowhere special
Nothing is free. If they charged $0 you would be paying for it other ways.
Are the recipients of that printed money investing it in the stock market? People buy Tesla stock, Space X stock, etc because they believe it'll increase in value because of the innovation taking place. Musk benefits from owning a lot of that stock. If the market crashes then so does much of his wealth. But he's evil in your eyes because he has a lot of money.
yes the recipients of the printed money are investing it in teh stock market and housing!
they buy stock because they think it will make them rich!
lets say im homeless and have nothing to pay. then i wouldnt pay would i? nothing saying i have to pay for it. but if you put a price on it to use it then its guaranteed youre going to pay for it.
oldngray
nowhere special
You mean someone else pays for it.
You do realize that corporations get money to start and run businesses by offering stock for sale in what's known as an IPO(Initial Public Offering)? Once that stock is bought it's either held or sold on the public trading exchange called the stock market. All those shares traded every business day don't give Tesla money. The IPO did. That stock rises or lowers in value based on the company's performance. So Musk is very wealthy because he and his company have performed well. Some of that is public perception, some speculation, but overall he benefits by benefiting others through innovation. He's producing. What are you doing?
yea! someone....who has lots of money to afford these things.
or the govt just prints the money without taxing...
when you increase cost of business on labour, you make the economy uncompetitive bc it could raise cost of doing business. another country could out compete you by lowering cost of things like transport, healthcare, education, etc. this is how the west developed in part, but many countries like america dont follow this model anymore.
oldngray
nowhere special
I guess I will relax in my basement while you work and pay for me.
UnionStrong
Sorry, but I don’t care anymore.
We love our cars.
if the public didnt invest billions in tesla, far more than elon, where would elon be? would he even have gotten off the ground?
if we didnt pave roads, no one could afford to drive. if that werent the case, where would elon be?
are you a capitalist?
thats true and why is that?
UnionStrong
Sorry, but I don’t care anymore.
Freedom and independence
that might be one way of looking at it...
Where would anyone be if companies weren't invested in? The "public" isn't government and people either choose to invest in companies like Tesla or they put money in mutual funds, usually through 401k's, and the money is invested for them. We invest, they innovate, we benefit. Jobs, increased retirement accounts, products that make our lives better. See how that works? Or are you hung up on envying the innovative guy who gets rich doing so?
no no when i say public i mean govt.
I know you do which is why I pointed out it's people investing in the stock, not the government. And your point about roads? Roads were built long before there were even cars. And there were cars long before there was Tesla. Climate change believers want electric cars. Guy gets rich giving them electric cars and they resent his wealth. You can't have it both ways but you sure try.
the govt invested more than elon and yes not in stocks bc we give money to teh rich! where would elon be if this didn't happen?:
Existential Comics
@existentialcoms
·
May 11, 2018
Replying to
@elonmusk
Jesus dude, market cap isn't what was invested. You put in like $70 million of the money you got from ripping people off with PayPal. The government put in half a billion. If you allowed that money to be vested into shares, they would OWN part of that market cap.
So?
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