3 Quick Stories + Elon Musk’s Scorecard 3-14-25
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What happened to Oscar Health and RH stocks?
This is Scott Becker with the Becker Private Equity and Business Podcast. Today's discussion, I'm going to go through three quick stories today. I'll also give you again the Elon Musk scorecard for those that didn't hear it on the other podcast. So first, Oscar Health, one of the managed care stalwarts, tanked about 9% yesterday. It was followed by RH, which also tanked about 10% yesterday.
What is the latest on the Elon Musk scorecard?
As an aside, we'll keep on following closely inflation in tariffs and more. But now the Elon Musk scorecard, I love to watch this guy. Obviously, he's he's one of a kind, incredible energy. Maybe a little crazy. I don't know. But I'll briefly go through our scorecard. And I'll start with Starlink, which is this incredible satellite thing that's become so critical throughout the world.
What grades does Elon Musk receive for his ventures?
And we give that an A. We also jokingly give him an A for populating the world. I think he's got 10 kids. And again, it's not a commentary on his parenting skills, but I give that an A as well. We'll give Doge a B-minus. obviously sorely needed to cut debt and deficits. I don't know if we'll actually do it, but he's a bit all over the place. So we'll just give it a B minus until it all plays out more fully. SpaceX, overall, amazing how it's transformed space and how we deal with space travel. You know, it's almost taken over from NASA. Lately, they've had a few crashes, so I bring the grade down to a B to B plus, but truly amazing what they're doing. X or Twitter, overall, this is moving in the right direction.
I got to tell you, I've become addicted to Twitter slash X. We did our first Twitter poll on whether the government should reduce spending. 78% said we should. But again, I've become addicted to Twitter, even though it's ridiculous. I give it a B plus currently. It's obviously a bastion of a lot of crazies on it, but it's really interesting to see the dialogue on it. Finally, I'll talk about Tesla. And again, I'm not touching on the Boring Company and some of his other efforts. He's got so many. Tesla's down 40% year to date. It was the original transformative electric vehicle company. I'll give it a C currently. And again, these rankings are, of course, subject to change. This is an ongoing effort in review. We find it fascinating.
Thank you for listening to the Becker Private Equity and Business Podcast. Thank you very, very much.
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