That's the incorrect way of thinking about this, at least according to how US insider trading laws work. If a hedge fund has reason to believe oil prices will spike due to some secret info (eg. they paid some intern to camp out at US airbases and spot outgoing flights), and then they made massive bank on that trade, that's not insider trading. It's not a crime to hoard material nonpublic information and trade on it (ie. "updating a financial instrument ... and getting massive bank for not providing the information that would make everyone else bet the same way"). Now, if they paid off some guy inside the base, that might be breaking a bunch of laws around national security, but still not insider trading.
On his intelligence SpaceX and Tesla were/are revolutionary companies, but seeing him buy twitter and then send the DOGE five things email makes me feel like maybe it was more of a right place right time sort of thing and not management prowess. I’ll give him credit for hiring the right people which is a skill but other than that his blunders are just too difficult to ignore.
Ideally capitalism would yield better product or services, for a lower price. That's no longer happening. We're getting shittier products and we're paying more. But somehow we convince ourselves that it's still good, because the stock market is going up, corporate profits are going up.
If there was ever any doubt that the hype is the product, then please explain the Tesla stock, 100% hype driven, there is zero correlation between the stock price and how the company is actually doing.
Probably because it's just here now? More people take Waymo than Lyft each day in SF.
Why would anyone think that, and why do you think everyone thinks that?
https://www.timesofisrael.com/israeli-forces-kill-west-bank-...
https://www.ynetnews.com/article/p7mq5k5bs
Yes driving fast means - execution.