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Thread: Elon Musk - Austin Bound!!!!

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  1. #1
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    Elon Musk - Austin Bound!!!!

    He made it official - Tesla is coming to Austin. I am a huge fan of Elon Musk. Does anyone know where the plant in going to be? I think it's up in North Austin but not sure. I hope Austin appreciates this move by Musk because he made it and he can take it away.

  2. #2
    Verified Hobbyist BCD
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    The giga factory has been under construction for a while (circa July 2020)
    He already lives here. Not sure on location but i'm pretty sure it's gated or complete opposite a tiny home.
    The only final official thing was in the shareholders meeting last Thursday or Friday he announced the headquarters would be moving here.
    His factories in Ca, Germany etc will all still continue to grow and update their battery technology.
    The housing around the giga factory has already jumped 45% and I believe it is out near COTA and ABIA just a bit North or if you were to cut it into quadrants
    think of ABIA in the SW, COTA SE and Tesla Giga in the NE quadrant.
    They broke ground on the giga factory July last year.

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    Verified Hobbyist BCD DocHoliday's Avatar
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    OP, is the basis of your fanaticism grounded upon your belief he is a member here and interested in being a client of yours?

    As stated above, the factory has been under construction for quite a while in East Austin off 130.
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  4. #4
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    I've read articles that he's renting a shack in Boca Chica and stays at a friends place in Austin. I believe he repeated this in the Tesla annual meeting last Thursday.

  5. #5
    Verified Hobbyist BCD risn2theoccasion2's Avatar
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    It certainly can’t hurt the business I’m in. I’m just concerned on how the everyday working stiff is going to be able to live here.
    Ask about any of my past encounters.

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    Zero needs for concern. The issue is dead. Regular pay people no longer can afford to live in Austin.

    At best in the very very low economic areas that are considered the ghetto/bario etc is where many live that are
    service industry etc.
    The new norm though will be that most will be living in the suburban apartment/rentals not in Austin.

    This is not an opinion but fact. Rent on most leases is going up $300to $400 at minimum and outside investors are buying up
    a lot of residential properties to rent them out including a home across the street from me late last year and multiple houses for sale
    on my block for twice what the owners paid initially.

    The new norm will be either rentals with 2 to 3 tenants sharing the rent or apartments with 2 or 3 bedrooms with tenants sharing the rent.

    Otherwise if you aren't already locked in mortgage wise you will not be able to afford a house in Austin or Austin metro anymore.

    One network had a story with video 2 months ago about how a couple sold their house in Austin above asking but quickly found out they couldn't
    find anything in Austin much less Leander/Pfluger/RR within their budget and the one house they did find in Leander they were out bid on and had
    to fall back to renting.

    People moving here is not slowing down. I hear daily and weekly from those who are after a trip for a business meeting, ACL, F-1, bachelor/bachelorette party
    etc that they are now actively shopping for homes or apartments here and moving to Austin/Austin Metro. While the prices for locals is absurd it's still far below
    the asking price for Silicone Valley or NYC and so on.

    The terminology being thrown around is that Austin is the new Silicone Valley or Bay area.
    If you aren't already in a mortgage for a property in the area you will find yourself moving soon further out or just moving period.

  7. #7
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    It’s just another large business moving to the Austin area creating more jobs. Of course nobody wants to work anymore, so it probably won’t be as big for new jobs as it has been in the past.

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    Elon Musk is funny. I made pretty good money on GME when I watched him pump and dump. He pumped and dumped Bitcoin and then pumped and dumped GME. Elon is very good at identifying things that people like, especially technology wise, and then finding an angle to make money off of it. Unless you are in the 1% of the 1% Elon is not playing on your team and you mean nothing to him. There is a space race going on between the ultra-wealthy because the first person to mine bodies within our system will make Elon's money look like pocket change. I think it is really weird that poor people worship billionaires. Below is an interesting link to scroll through.

    https://mkorostoff.github.io/1-pixel-wealth/

  9. #9
    Verified Hobbyist BCD KosherCowboy's Avatar
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    Quote Originally Posted by MikeD77 View Post
    Elon is very good at identifying things that people like, especially technology wise, and then finding an angle to make money off of it. Unless you are in the 1% of the 1% Elon is not playing on your team and you mean nothing to him.
    Spot on. He knows he is followed by many esp the younger folks w dreams ' who all want to be like Elon' and I can see how many even older folks can identify with a nice young man who is living the dream and quite intelligent. His following is much more 'cultist' than for a real reason; his followers like him and his money yet Elon loves the folks MONEY who ' make him rich' but as to those people themselves they are pawns on a chess board. He simply doesn't care about them. Most of his ' followers' don't have a pot to piss in anyway and yeah; he cares nothing about them. So any thoughts of Jetson like taxis flying over Austin or Hippies replaced with suits and ties w $1M jobs plus for all etc is nothing but silliness. A few years ago another guy ( sorry, forget his name) was also a cult figure and was also a businessman who used others admiration to achieve his goals but ultimately he turned out to be a loser.

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    Why would anybody think that Elon cares about people? He doesn't. That's hysterical. I would never think that. He is the richest man in the world and able to do things that "normal" people can't do. He is the founder,CEO and Chief Engineer for Space X. Not many mere mortals can say that!!! And the bottom line is you can do more things with money than without it. Sometimes people are jealous of people who have large amounts of money. I never understood that. If you make lots of money - good for you!!!

  11. #11
    Verified Hobbyist BCD Green Eyed Shy Guy's Avatar
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    At least Elon isn't orange.

  12. #12
    Verified Hobbyist BCD KosherCowboy's Avatar
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    Quote Originally Posted by Austin Ellen View Post
    Why would anybody think that Elon cares about people?
    When it comes to the accumulation of wealth and those who make ( made) him rich he gives a shit only about himself however caring about people is not the same thing. Apples to oranges. Not sure where you get that he doesn't care about people, fact or a random thought pulled from thin air? His charitable donations are well documented so his caring falls in the fact column. Much like Bill Gates, Warren Buffet, Mike Bloomberg the list goes on; Forbes as well. All known for donating massive money to ' people'; Elon included.

    Yeah, admittedly some may have egos, might be arrogant perhaps selfish in ways but at the end of the day these folks gave money to charities and lots of it... Perhaps these contributions in odd ways benefit him too but much like Gates, Elon strives to better humanity and life on this planet obviously the guys does care but if you bought a Tesla or shares in his stock one shouldn't hold their breath for the thank you note; it ain't coming...

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