Handmade Story

Handmade Story "It always seems impossible until it’s done."

**"The joy of brightening other lives becomes for us the magic of the holidays."** – W.C. JonesMay your Christmas be fil...
21/12/2024

**"The joy of brightening other lives becomes for us the magic of the holidays."** – W.C. Jones

May your Christmas be filled with joy, love, and wonderful moments! 🎄✨

MrBeast Builds $14 Million City for New Show "Beast Games" 🏙️🎥Jimmy Donaldson, aka MrBeast, is redefining entertainment ...
21/12/2024

MrBeast Builds $14 Million City for New Show "Beast Games" 🏙️🎥

Jimmy Donaldson, aka MrBeast, is redefining entertainment yet again by spending a staggering $14 million to construct an entire city for his upcoming game show, Beast Games.

Billionaire Elon Musk's first love from college, Jennifer Gwynne is selling all her love memorabilia worth $10,000
13/12/2024

Billionaire Elon Musk's first love from college, Jennifer Gwynne is selling all her love memorabilia worth $10,000

How would you describe Elon Musk and his family today?Elon Musk and his family today can be described as dynamic and div...
12/12/2024

How would you describe Elon Musk and his family today?

Elon Musk and his family today can be described as dynamic and diverse. Elon Musk continues to be a prominent entrepreneur, known for his leadership of companies like Tesla, SpaceX, Neuralink, and The Boring Company. His vision for the future, including advancements in space travel, renewable energy, and artificial intelligence, remains at the forefront of his work.

Musk's family is similarly diverse, with children from different relationships, including his ex-wife Justine Musk and Grimes, as well as several other partners. His family life is often in the media spotlight due to his high-profile career and personal relationships, which reflect the complex balance between his work and personal life. Overall, the Musk family is a mix of entrepreneurial drive, tech innovation, and public interest.

In January 2023, Tesla did something unthinkable:They slashed ALL prices by 20% & destroyed their profit margins overnig...
12/12/2024

In January 2023, Tesla did something unthinkable:

They slashed ALL prices by 20% & destroyed their profit margins overnight.

No one understood why they did it.

But Elon saw something no one else did...

Here's the real explanation (& why it's his boldest move yet)

For years, Tesla had dominated the EV market with premium pricing.

Their strategy was simple: Position as a luxury brand, maintain high margins.

But on January 12, 2023, Musk made an unprecedented move that shocked the industry...

Tesla slashed prices across ALL models by 10-20%.

• The Model Y: Down $13,000.
• The Model 3: Down $7,000.

Wall Street was stunned. Billions in market value vanished overnight.

But that was just the beginning...

The ripple effects were immediate:

• Used Tesla prices plummeted
• Existing owners protested
• Competitors panicked

Ford had to cut Mach-E prices by $5,900 just to stay competitive.

The entire EV market was in chaos. But why did Musk do it?

The answer lies in Tesla's unique business model:

Unlike traditional car makers who sell through dealerships...

Tesla sells direct-to-consumer.

This means they can adjust prices instantly based on demand.

But there was a bigger strategy at play...

Musk was playing 4D chess:

By slashing prices, he forced competitors into a price war they couldn't win.

But the results shocked everyone...

Tesla's Q3 2023 numbers tell the story:

• Operating margin crashed from 17.2% to 7.6%
• Operating income plunged 52% to $1.7B
• Stock price fell 40% since January

Wall Street was panicking. But the damage went deeper...

The used car market imploded:

Some Tesla models lost 28.9% of their value in ONE year.

Even more shocking:

A 2020 Model 3 saw the same depreciation in 3 years as a 2022 Model 3 saw in 1 year.

The entire industry was in chaos. But Musk had a secret weapon...

While competitors focused on car prices, Tesla was building their real profit engine:

Full Self-Driving (FSD) software.

At $12,000 per vehicle, it's nearly pure profit.

And that's just the beginning...

Musk's master plan:

1. Cut prices to gain market share
2. Get more Teslas on the road
3. Upsell high-margin software
4. Launch robotaxi network

Traditional automakers can't compete with this model. They don't have the software expertise.

Think about it:

Even with lower margins on cars, Tesla can make it up through:

• FSD subscriptions
• Over-the-air upgrades
• Future robotaxi revenue

It's the ultimate moat. The most amazing part about this all:

Despite this massive transformation...

Despite the price wars...

Despite the chaos...

They still spend $0 on advertising.

Meanwhile:

• Ford spends $2.2B on ads yearly
• GM spends $3.3B
• Toyota spends $4.1B

Yet...
Tesla sells more electric vehicles than all of them combined.

How? They cracked the modern marketing code:

Traditional advertising is dying:

• TV ads get skipped
• Billboards get ignored
• Digital ads get blocked

But Tesla?

They get millions in free publicity through:

• Musk's tweets
• Word-of-mouth
• Customer evangelism

All because they built in public. This is the future of business:

People don't trust corporate ads anymore. They trust authentic voices.

Instead of burning cash on ads, the best founders are building personal brands that:

• Create trust at scale
• Attract customers organically
• Generate opportunities on autopilot

Just like Elon did. 🫰

So the question is are you building your personal brand?

Why is Boeing, a titan in the aerospace industry, struggling to compete with SpaceX?Elon Musk's SpaceX is only 22 years ...
11/12/2024

Why is Boeing, a titan in the aerospace industry, struggling to compete with SpaceX?

Elon Musk's SpaceX is only 22 years old. Boeing has been around for more than a century — for 108 years, to be exact. But SpaceX is winning the modern space race, by a lot.

Ultimately, their trajectories illustrate the clash between legacy institutions and modern disruptors.

While Boeing's experience and strong government ties have been assets, they also tether the company to older systems and layers of bureaucracy that hinder swift adaptation.

Its reliance on traditional government contracts often means adhering to slower, more rigid development cycles that can stifle the kind of rapid innovation the modern space race demands.

SpaceX, by contrast, benefits from its relatively recent founding in 2002. Free from legacy constraints, the company has embraced a startup mentality: agile and unafraid of failure.

This approach, coupled with a bold vision to revolutionize space travel through innovations like reusable rockets, has allowed SpaceX to achieve milestones at breakneck speed. Since it is also privately funded, it has been able to take leaps that a traditional aerospace company like Boeing might find too risky.

Ultimately, Boeing’s challenges stem from the difficulty of transforming a legacy organization in a fast-evolving industry, while SpaceX thrives on its ability to innovate without the weight of the past. This competition exemplifies the broader tension between established giants and nimble newcomers reshaping industries — and the stakes couldn’t be higher in the race to the stars.

Take a look inside Elon Musk's $70 million private jet, which he says is the only exception to his disdain of luxuries l...
11/12/2024

Take a look inside Elon Musk's $70 million private jet, which he says is the only exception to his disdain of luxuries like yachts and vacations 🛩️

The jet was built in 2015, and Musk acquired it in 2016. It isn't Musk's first plane: The Tesla CEO also owns a Dassault Falcon 900B, which he bought in 2004.

Amazon mogul Jeff Bezos and soccer star Cristiano Ronaldo each also reportedly own a Gulfstream G650ER.

In an interview with Chris Anderson at the TED Conference in April of 2022, Musk said he doesn't spend "billions of dollars a year in personal consumption" — but that the jet is an exception to his frugal lifestyle. Musk added that he doesn't own a home, a yacht, or take vacations.

"I mean, the one exception is the plane, but if I don't use the plane then I have less hours to work," he said in the interview.

The plane, which is under the registration N628TS, was in Austin, Texas, on April 15, according to a Twitter account that's run by a teenager and tracks the location of Musk's jet.

Musk spent $700,000 on his private jet in 2018 alone, flying around the US, Europe, and Asia, according to flight records obtained by the Washington Post.

What do you think about this jet?

LOL😃😃😃😃
10/12/2024

LOL😃😃😃😃

The Tesla CEO Elon Musk has stated that the vehicle will not look like a traditional pickup truck, and sure looks simila...
10/12/2024

The Tesla CEO Elon Musk has stated that the vehicle will not look like a traditional pickup truck, and sure looks similar to NASA’s Mars rover concept 👇

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