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Split Thread Musk, SpaceX and future of Tesla

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Meanwhile the Boring Machine keeps on boring away.

The Boring CompanyWP

The 2024 Boring Company Update Is Here!


Some of the prophecies seem somewhat . . . huge. :boggled:


They are working on the assumption of perfect materials to drill into. That's rarely the case and usually the cause of most of the lost time.


https://www.abc.net.au/news/2023-10...e-toxic-gas-tunnelling-four-corners/102995568


t was the start of night shift when the tunnel began filling with gas.Workers going underground at the Snowy 2.0 site say they were told that there was nothing to worry about, that it was just water vapour.
But on that Saturday in early July, chemistry had finally caught up with them.
The previous year, the giant machine digging tunnels for the project had caused a sinkhole to open up.
Workers had spent seven months trying to stabilise the nearby ground, pumping in thousands of litres of grout, cement and polyurethane foam.
Now that foam had triggered a chemical reaction, producing toxic gas.
Snowy Hydro, owned by the federal government, has never disclosed this safety breach, even as it pumps out highly produced videos and press releases.
It was not meant to be this hard.
The pumped hydro project, trumpeted as a grand "nation-building" scheme, was first estimated to cost just $2 billion. It's blown out to $12 billion.
It was expected to produce its first power next year — now, it won't be keeping any lights on for at least another four years.
Snowy Hydro has revealed to Four Corners as much as $2 billion of this blowout can be blamed on the stalled tunnel boring machine they call Florence.
Its 15km journey below Kosciuszko National Park should be well underway by now, but it's gone just 150m.Insiders say warnings were ignored — Florence was doomed from the start.
 
https://electrek.co/2024/06/11/tesl...g-company-to-dig-tunnel-under-giga-texas-why/

tesla pays boring company to dig a tunnel for their texas facility for no reason. not all some kind of financial scheme to funnel money to his private business. or is it related to the shareholder package vote? idk, but it’s not to benefit tesla


No reason, at all? Really? They just built it for no reason and now they are going to shut it down and let it set there without being used?
 
Musk wins the vote. What is happening to the world where there is unquestioning loyalty to people like Musk and Trump. You know already they care for nothing other than themselves and the adulation they demand.

Well now that he's held the board hostage he'll doubtless come up with the new products Tesla desperately needs.
 
Musk wins the vote.

I voted against. Both the compensation package and the move to Texas. But it just shows the majority of shareholders still back Musk.

I agree it’s an inordinate amount of money, especially for a company that’s facing challenges going forward. Still, it was a deal made a long time ago and Musk did, in fact, achieve what were very auspicious goals set years ago.

It appears the market liked the vote, at least so far. I was ready to lighten up on some of my shares if the stock dropped to 160, but I hope it continues its upward trend. But I’m much less enthusiastic now than I was a short time ago.
 
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