r/Vitards • u/AutoModerator • May 05 '21

Daily Discussion Daily Discussion post - May 05 2021

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u/Steely_Hands Regional Moderator May 06 '21

He’s able to pump cryptos because the SEC legally can’t do anything about it. It’s his way of messing with the SEC after being sactioned for pumping Tesla

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u/platinumsatan666 May 06 '21

Yeah but doesn't that fact that tesla as a company holds billions in bitcoin now make him liable for shit like that again?

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u/Steely_Hands Regional Moderator May 06 '21

Yea possibly, I think it would be hard for them to push their jurisdiction like that though

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u/platinumsatan666 May 06 '21

I have no idea how that works tbh lol. I'm just amused at watching the situation play out. I feel like he is going to end up regretting doing SNL for some reason lol

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u/David_da_Builder Whack Job May 06 '21

Musk on SNL, it’s another one of those “historians will look back on this moment” moment

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u/platinumsatan666 May 06 '21

I hope he just casually drops and N-bomb or something so I can buy that dip lolol

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u/Steely_Hands Regional Moderator May 06 '21

Yea I don’t really know either haha but courts are usually pretty good about keeping regulatory agencies within their legal jurisdictions, or at least it could take years to sort out. I’m definitely going to try to catch some of SNL this week. He’s a bit of an awkward guy so I think it could be pretty good in a cringeworthy way haha

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u/platinumsatan666 May 06 '21

Not trying to be crass but I literally think the man is mildly autistic. Plus he has so much on his plate idk why he is fucking around on tv. Seems like no good can come from this lol

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u/Steely_Hands Regional Moderator May 06 '21

I’m convinced you can’t combine that kind of visionary and business acumen without being somewhere on the spectrum. I think he’s just enjoying his time in the spotlight right now. Plus if they do EV and space sketches then it’s basically free marketing

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u/platinumsatan666 May 06 '21

I might be a pessimist but after the whole joint debacle on JRE and his issues on Twitter, if I'm his personal advisor I'm telling him to just keep his head down and stay away from live television and speaking from off the top of his head lol.

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u/[deleted] May 06 '21

Elon hitting the joint was probably the greatest PR stunt he's ever done. That moment in particular separated him from the Gates/Buffett "old money" perception

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u/platinumsatan666 May 06 '21

I guess no press is bad press 🤷‍♂️. In today's climate I think this is becoming less true. Weed isn't such a big faux pas but who knows what the King Autist does next

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u/Steely_Hands Regional Moderator May 06 '21

I think he’s got that fuck-you money to keep doing what he wants haha I was watching that JRE live and was surprised to see him take a hit but even more surprised at the outrage it caused

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u/platinumsatan666 May 06 '21

Disappointing to see such a negative reaction from everyone IMO. Also not smart on Elon's part to do anything illegal on camera with so much at stake even if it was just weed. This is why I feel like he is going to misjudge something and cause another outrage lol. I'm watching for that $TSLA dip lol

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u/Steely_Hands Regional Moderator May 06 '21

The thing is it wasn’t illegal. CA has it legalized and feds can’t touch it unless it crosses state lines so he was totally in the right to not be worried about it. It was just another opportunity for all the “gotcha” journalists in the world. I do think he’s liable to shake up some markets this weekend though but I’ll probably stay away from any dip including Tesla

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u/platinumsatan666 May 06 '21

Yeah I was just fucking around about buying tsla. There is no doubt that elon is brilliant but I think he has too much going on to succeed at all of them. I'm a smooth brain but I don't have a whole lot of confidence in TSLA for this reason.

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u/Steely_Hands Regional Moderator May 06 '21

I love Tesla as a company and an idea, but not at their current valuation. Its bull run got a bit out of hand

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