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Wednesday, January 22, 2020

tesla hits 100 billion market cap at today's premarket price of 575.
this number is significant because is it holds this level for 6 months, musk gets a bonus of 1 billion in stock. trivial in comparison to his 20% share, but will get a lot of press.

trump on musk:

JOE KERNEN: Tesla’s now worth more than GM and Ford. Do you have comments on Elon Musk?
PRESIDENT TRUMP: Well-- you have to give him credit. I spoke to him very recently, and he’s also doing the rockets. He likes rockets. And-- he does good at rockets too, by the way. I never saw where the engines come down with no wings, no anything, and they’re landing. I said I’ve never seen that before. And I was worried about him, because he’s one of our great geniuses, and we have to protect our genius. You know, we have to protect Thomas Edison and we have to protect all of these people that-- came up with originally the light bulb and-- the wheel and all of these things. And he’s one of our very smart people and we want to-- we want to cherish those people. That’s very important. But he’s done a very good job. Shocking how well-- you know, how it’s come so fast. I mean you go back a year and they were talking about the end of the company. And now all of a sudden they’re talking about these great things. He’s going to be building a very big plant in the United States. He has to, because we help him, so he has to help us.

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