Explaining the Elon Musk/Delaware conflict.
Vložit
- čas přidán 18. 06. 2024
- Checkout Geeks4Geeks: bit.ly/4aARFLm
00:00 - Intro
00:37 - The Elon Musk compensation controversy
03:16 - Lawyer's $6 billion fee request
04:49 - Reddit outrage over billionaires like Musk
05:36 - Geeks for geeks #TodaysPartner
07:01 - Defending builders vs "rent seekers"
09:49 - Warning of U.S. decline by attacking innovators
11:04- Rising global competition and opportunities
13:18 - Closing thoughts
13:38 - Outro - Věda a technologie
As an American when I first saw your thumbnail I skipped over thinking that this is just going to be another one of many CZcamsrs who would provide flawed claims and say that America is in decline. Still out of curiosity I clicked on the video and I must say I am so impressed. The way you explained the story and the attack on the wealthy in America is just spiraling out of control. Amazing job here Varun!
Your cover photo shows how american you are
@@FootballIndiano crrt
@@FootballIndiano😂😂
@@FootballIndiano 😅😆
@@FootballIndiano Yeah that picture is during one of my visits to India. I was born and raised in the US, and that's where I live. I may be ethnically Indian, but at the end of the day I wasn't born there
Listening to that case gives me a migraine. The guy did his job and still got treated like he's the dickhead.
@HoneyBrar-vi8nj yep the mentally challenged opposition is way worse
@HoneyBrar-vi8nj nah i genuinely think wealthy disparity is real thing in india 5% population has 61% of wealth and bottom 50% population has 3% wealth. we need trade unions like china solved this wealth disparity problem which made their gdp per capita go up and become fastest growing economy. RAGA is not as dumb as you think bro, he is indian too.
@@Abhay-dl7df when did China solved the wealth inequality problem, the top 10% there hold 67%. Raga is dumb, spoiled, trust fund baby and the party is a family legacy and like any rich, spoiled kid he is a marxist, whose understanding of economics is unrealistic and will never work. Wealth redistribution has never gone right, it always leads to bloodbath.
He has offered to debate anyone in BJP and BJP has nominated Abhinav Prakash which will be good for RAGA, he will finally understand economics after getting schooled by Abhinav assuming Rahul Gandhi will even show up at debate.
@@Abhay-dl7df this issue of wealth disparity cannot be solved using wealth redistribution methods as Rahul Gandhi claims. His ideas are too naive to work practically. He is eliminating the whole concept of trickle down economics. There has been a good start-up ecosystem in India lately, which is a really good thing. Now think, once these startups grow, would you simply snatch the wealth of those founders and redistribute it to people who had nothing to do with the growth of that company, while the person who spent years of his life in creating that company gets pretty much nothing?
To be frank, this sort of thing used to happen in India in the past. This mentality is the very reason why Air India was snatched from Tatas and nationalised, and then we all know what happened. Careless, incompetent fools destroyed the airline which was once considered one of the most luxurious airlines in the world, and could have been one of the prides of this country. I can keep naming various such examples in the past. If someone has put genuine effort into something and is one of the main reasons for the result, he must be entitled to the paycheck based on the agreement. In Elon's case he was given agreement. Where was this guy who holds 9 shared when that agreement was done? He could have filed a case back then. Once the agreement is done and Elon has spent years of his life, and finally even achieved the targets, no one has the rights to take back what he deserves as per the contract. Contracts must be respected.
We may even say that the government IAS officer who clears UPSC and then spends 30 years as a government worker will have amassed more than 2 crore in their bank account by the time they retire, so their wealth should be redistributed among the public, but does that even make sense? That public wasn't even capable of clearing UPSC in the first place, and neither did they put the effort that the IAS officer did.
Now, if instead of snatching the money from the IAS if we wait for a few years, the guy will automatically spend a portion of his money for his savings, and reinvest the rest into the economy. This is the basis for trickle down economics. Rahul Gandhi doesn't have any sense of this, and even if he does, he is manipulating the public and giving them wrong ideas. This country has already suffered from socialism for so many years until it finally opened up its economy after 1991. Let's just not go back to the old ways, or give power to the people who want to go back to those old draconian ways just to amass some wealth and power.
The judge ruled against Elon because the board members have financial kickbacks from Elon outside Tesla. It makes sense to pay Elon billions and then Elon pays them back later through his existing financial relationships. They basically had a scheme to loot the shareholders by giving Elon and in turn themselves insane bonuses. $55Billion, let that sink in! Only Elon simps like Varun Mayya think this is justified and didn't do due diligence on why legally this deal had a major flaw; They gave him options without speaking to the shareholders at any point.
Similar things happened in West bengal in the late 1990s which my family faced in real life, my father bought a business in an industrial suburb of Kolkata during a period of widespread closures. He envisioned restructuring the business and creating a surrounding ecosystem for its success. However, despite attempts to navigate the political landscape through bribes, the venture ultimately failed. This wasn't due to the business itself being unprofitable, but rather due to constant public unrest and a barrage of frivolous lawsuits. While the lawsuits held no merit in court, they created a significant obstacle to long-term sustainability and ultimately prevented the restructuring efforts.My father died in late 2000s. later due to security reasons we stopped restructuring efforts and rented the infrastructure at very cheap price to smaller companies. all the other companies doesn't even employ half of the people when we run the business and the net Value addition is not even 1/4 th of it right now.
what do you do for a living man?
And most of the suers must be relatives (distant cousins?)
Hating the Rich. The same idea is being followed in India(and around the world) also. We all saw the proposals made by Rahul Gandhi and Congress regarding the wealth redistribution.
Just to be fair! In India, We do not have people like Elon who are actually creating value and getting rich. We have billionaires who buy politicians and get paid instead. RBI creates UPI and our Fintechs create a wrapper on it, or we do delivery startups. The worst part is even they are not profitable.After a while when something is successful, Ambani's or Adani's or Tata's or the same billionaires buy them and we boast about our Indian success story or Image, which is just that. Image or story!
True
Inheritance tax != Hating the rich. If you agree with the entirety of the video then you'll also agree that inheritance tax doesn't discourage builders. As a wage earner I'm tired of footing the bill on everything while a person inheriting money doesn't have to pay any tax. While you can protect builders, you also have to take care of workers. You can't only appease a single side and suck out the blood from the others. What incentive does that leave for a talented worker to not move out of India to a place that has lesser taxes.
You have to balance both sides and inheritance tax is one way to do it while also uplifting the weaker section of the society.
I don't hate the rich, I hate cronies which are multiplying every day in India, if electoral bonds issue isn't proof enough I don't know what is.
@@gamevidzistyou work for bringing your family, if you cannot transfer your wealth to next generation you usually lose steam to work more. Ex: Finland. Kindly, ask your shezahada to let go of his Trust Funded Kids mindset!!
@@gamevidzist well the wealth restribution they are proposing is very vague. they are not clear about that and no one is against a measly 10 -20 percent inheritance tax but we all know how much was the previous inheritance tax around 90 percent i guess.
This video just left me speechless like how can someone with 7 shares sue a company, how can lawyers ask for 6 million worth of shares for a case which lasts one week and how can a judge deny compensation by saying its too much money when the person paying doesn't mind.
Ye lawyers hi sabse bade harami hote h
It's 6 billion
greed
Sure 50+ billion is too much for a person to have, but Elon really did deserve it. Taxing that money would've been much better than voiding his pay. Govt shouldn't interfere so much with companies.
Sad part is it wasn't the government who interfered. It was the judiciary. The same judiciary people put faith in when they lose hope in the government.
@@mrmango2881 oh right, mb
yea not to forget the board approved his package only when he achieved what he said 6 years back
If you look at it, it's Elon who's been cheated. Worked tirelessly for 6 years, made everyone's money 10x, fostered EV helping the environment, and then got fucked.
Taxing is not good either. If you know really this whole Keynes Economics works, one with common sense would never advocate for taxing anyone
it's almost angering. how stupid people could be
They are not stupid. They are corrupt marxists. The so called Ivy League universities are teaching Marxism and Marxist ideologies which have failed not just once but multiple times. And the puppet masters know it very well. But the puppets who are being controlled by puppet masters don't know it. Why do they not know it? Because most of them are very dumb. And the rest minority is very corrupt. And why are the majority puppets dumb? Because they are eating chemicals in the fast foods that the elites approve. Literal chemicals. For example, the baby formula that you feed to babies contains variety of chemicals which are very toxic and harmful. So naturally their brain development will not happen as it should. This will deprive them of critical thinking skills. Add to that the brainwashing that happens in schools. Add to that the media controlled by George Soros. Not to mention that drugs that are proven to have bad effects on overall health have been decriminalized in democrat states. And who is the puppet master of all this? The Jewish lobby like Rothschild, Soros and literal devil worshipping people who sacrifice babies in fire in honour of Satan and the Chinese Communist Party. If you think that the part of babies being sacrificed to a giant owl is false, then look it up yourself. Alex Jones is a person who literally recorded that video when he snuck into the Bohemian Grove in earlly 2000s when there was no deepfake AI or etc. And he was the same guy that predicted 9/11 like 2-3 months before it happened. He has been right about lots and lots of issues. Still don't believe it? Search up Operation Mockingbird by CIA. Listen to people like Robert Kennedy Jr and Vivek Ramaswamy and Patrick Bet David and Tucker Carlson and Joe Rogan and Elon Musk and etc.
Then what's the solution? The solution is that you have to stop watching porn, stop drinking alcohol, stop smoking cigarettes and Cigars, stop doing dr*gs, stop social media addiction. Eat very very healthy food, Do meditation, Don't watch mainstream news, get educated about the real history and improve critical thinking skills. Now figure out how are you going to do this all to prevent becoming a slave. And lastly make a ton of money. And so vote responsibly. Hint - The democrat states are a complete mess like California New York etc.
true this is why this video was mildly dismissive on the working conditions of the people . people don't hate them for no reason, many bullyionaires are exploitative , they bring this upon themselves
Hating billionaires for the money they make is just messed up.
How do they make their money?
@@RahulRoy-vi3rx By providing something of value
@@maxxander3860who actually makes the material stuff that has value? Those are the workers, engineers and the scientist in said entity, not a parasitic managerial class that is only there to steal the surplus value. It is baffling how you guys never use the critical part of your brain. You have more in common with a normal worker and than a god damn ceo for a company. Stop acting like an obedient serf.
@@maxxander3860 The value is created by the workers, the engineers and the scientists in the company, and not the managerial class that only exist to parasitically steal their surplus value. I don't know why people like you turn off the critical part of your brain when engaging with stuff like this. Stop having a serf mentality.
@@maxxander3860 The value is created by the workers, the engineers and the scientists in the company, and not the managerial class that only exist to parasitically steal their surplus value. I don't know why people like you turn off the critical part of your brain when engaging with stuff like this. Stop having a serf mentality.
I completely agree, being in America and looking at the social fabric as well as the lack of worldwide knowledge of the educated people, it's definitely a country in decline. The only thing preventing this from happening is talent import from Asia and Africa. It's very sad to see how many Indians want to get into US so badly that they even enter through illegal means and sometimes go heavily into debt for just entering and living here.
I just love the way you deliver the content, its super crisp and clear and too awesome, any course regarding content creation as well ? 😅
Good video but would have liked to see more examples of decline. Love your other channels
The issue was not with amount of pay package but instead the court cancelled it bcoz this agreement was not disclosed to all the shareholders of the company when it was signed which is the violation of corporate practices. Pls check the ground fact.
😂😂 everyone is busy with their own view I guess , no read the rules and regulations, everyone is like just 7 and 9 shares😂.
I mean come on , there are corporate rules , if you don't comply with it you will face the consequences. Its not India it's US. Ask any CA/Auditor or corporate lawyer they will tell you what happens if company fail to comply.😂 Its just ranting I feel. Although he is an entrepreneur maybe that's why maybe i didn't got him 😂
Voided the whole video..
@@theshoaibmartin6906 Empty vessels do make noise.
That's just a technicality. I mean the shareholders are all now richer because of Musk. Granted the company didn't disclose it and probably they should be penalized with a reduction of the fee or something, not cancel it all together! If not disclosing is unethical then cancelling all of the hard work is equally unethical!
@@bhatts18Emotion doesn't work in Law bro 😂 either you comply with it or face it. Many companies do face legal issues though.
"not a crazy subreddit that has no sense", proceeds to mention r/technology
You just hit the perfect points, which were quite unpopular. Especially about sabotaging
Atleast they have builders, We don't even have any innovators or major global company. Most of our youth is still unemplyed.
I Just really laugh when people say we don't have this, we don't have that, I mean what are you doing? can't you do that??
if you know and rant about a problem, just try to solve it !!
@@sohamjadhav1 Rightly said. Finding cons in America won't solve our problems.
@@parthbansal1565 learning from it would
@@parthbansal1565 But we can learn from the cons to not make same mistake and this was the point of whole video.
pajjeet learn how capital is controlled by USD and how china developed
Protectionism is a double edged sword in most case, reducing the protected sectors performance to worsen compared to global companies, best example is India's Steel industry. It can also lead to inflation due to increased costs as domestic manufacturers don't have to worry about competing with cheaper foreign alternatives, affecting downstream industries also. Although it makes sense that some trade protections are necessary against a country like China, once even minimal protectionist laws are brought in place, they can be expanded rapidly, and really hard to get rid of.
Well explained. Eagerly waiting for the next episodes of "this week in tech"
Can someone please explain what the video from his brother showcased? failed to get the full immersive emotion behind it
Putting out really great content man!
This content is 🔥🔥🔥.... Your video editor deserves a hike..pay him, Lol ❤ Cheers!!
BTW, good job using Mid journey for stock images 😮
Thanks for voicing my thoughts. It's very important to recognise creators who push humanity forward.
Great video, kudos to you and your team 🙌🏻
Hi Varun bhaiya!
Could you please make a video on how does people get to know about the existence of a product/service in the market made by an XYZ startup? I mean, being in startups, you don't have enough money to make and run commercials, perhaps, do you? Well, I'm just 17, so I've a A LOT to know. PLEASE HELP!
More videos like this but it'd be more convincing if you provide multiple stats and specific examples to back your claims. We need to know if the generalizations are warranted.
8:10 That was nice diagram to change my mind. Thanks
This guy is awfully touchy about america ... The issue was not with amount of pay package but instead the court cancelled it bcoz this agreement was not disclosed to all the shareholders of the company when it was signed. Bro most of the technologies and innovations come from the public domains like universities and government programmes. Companies build using these public knowledge, so they owe it to the community. Its simple corporate taxes in america is so low. Even in India it is lowering. They need to give their fair share. Thats it.
> Most of the technology and innovations come from public domain.
Easy to have knowledge, much harder to bring it into fruition.
You need to invest and take the risk. People who take the risk should make the money. Simple as that. The whole fairshare argument is preposterous. Most of these big companies already work with universities and government institutions
Corporate taxes should be low. It's double taxation essentially and doesn't encourage business or innovation.
Keep simping and maybe the billionaires will give you their scraps
@@maikalaljaikisan6908 Keep up the hate for wealth creators, increase the tax on them to 97% and 15 years later the country goes bankrupt. Oh! Sorry already happened, I guess, see you in a ration line.
The last line was definitely the best !!
What is your arm workout routine ?
Well i am thinking of moving to SF , but i think i have to change my decision .
Keep doing these videos varun. It was very well presented 👌
As a person in legal field, I call those lawyers and judges vultures and epitome of selfish hypocrisy.
We need a solution for such problems, So that someday we don't have to suffer for value we create and upcoming builders get discouraged.
Mr. Rathee should see this video. Probably will help his view to shift to a more central one
Great video!
In US, the government and system is organised but society/families aren't - the opposite of India. But now, it seems the American system is failing - there are a lot of other issues other than this one. I feel Indian youths (especially entrepreneurs) really need to realize our potential and take advantage of these opportunities now.
Truly a very good video. Being in America right now, I agree.
Bro you're delusional if you think people from USA are watching you... It's mostly us Indians using VPN
Its like there is no more incentives in being rich or starting companies in USA
Keeping focus on the right thing 🎯
This is even advance version of Wealth Redistribution Scheme. You not only take from rich but also question the fair method by which they made their money.
My man is going international here 👏🏻. Another great video by Varun
you are speaking truth. Amazing thought
tbh the video quality seems much lower than before because of the use of AI. I get that it's faster, but when there are still tons of channels making high quality content with good visuals etc., this seems poor
The background audio is really noise. Please check.
@ 9:00 saying that person has created convenience via business thus should be paid a whole lot as reward. Thats flaw in capitalism thats basic flaw in capitalism. It doesn't factor in what kind of person that will be who is calling all the shots with this much money. In short, capitalism makes billionares the saviour and extreme socialism makes govt the saviour of everything. But common problem of both is eccentric, greedy people with weak character in high spots. This requires a larger discussion though.
what software do you use for green screen cut out ? its so perfect
Most probably he uses a big display(Probably a 8k TV)
Yes its a big tv
No lmao @@pushpakgamer8500
Man what a person Varun is. Love this video. Bring more.
well i do not know if as a shareholder i am qualified to know every fucin thing between a ceo and board members but cancelling the package is indeed wrong ngl.
Pls reduce music, unable to hear your voice properly
I like ur videos, they ar very well made. However The problem with this video is people fail to understand that the money doesn't go to the engineers but rather to the shareholders (elon being one of em). Its about paying the workers who make those cars and ideas come to life that make these people billions yet they dont wana pay taxes that could help pay for the engineers healthcare(be it when they have a stomache or cancer)
These days A good Corporate & Divorce lawyer is a must
One of the few youtuber who produce content that is ACTUALLY high quality. I wish i could just drown the noise and only have people like Varun on my feed.
9:48 bro said lash back
Hey Varun ,I see the initial trailer in the video and background 🎵 music,Musk walking into Twitter HQ,that you like 'Musk really a lot "(me too) just because of this trailer I have gone through entire video
Yes, Its on Decline! But its one side of same coin
other side still shows that its still far better in terms of Per capita and standard of living compared to developing nations. (yes that's a wrong comparison)
Numbers still show, Why youth is leaving India and going abroad? (or maybe that's a herd mentality??)
America is still in it's prime. ChatGPT, Google, so many other top companies are still there. It's still a phenomenal country. A decline can take decades to play out and will most likely be corrected too.
Decline spoken here is focused on EV market and its global competition (China).
@@VarunMayyaI don’t know. It’s like the Pareto effect. San Francisco, Austin, NYC and Miami are four cities out of many thousand.
Some 22 cities across the US hold more than 80% of the GDP, if I remember the crazy statistic I heard on a podcast.
The country is so big that the financial rewards of ChatGPT or Tesla aren’t going to everyone.
Many people are struggling to buy a house which is a basic need eh!
Good One
share holders can still decide to pay Elon Musk ... with their stocks ... by making a new agreement ? ... I hope that's possible ?
Super smart and crisp writing.
I am 1st year student at University of Calcutta, and i intend to apply at Y Combinator, i have a great scalable idea in the Fintech space, but need a technical co founder, but my friends are all bcom students, anyone interested even from other cities ???
This makes sense 🤔
the american govt. is fucked up
when the board approved it themselves who gave the right to the judiciary to stop it.
can't he go to some higher courts ?
Music in this video is too loud... Making it irritating
Don't want to watch the full video, Someone please tell me whether the lawyers absurd demand of 6B$ has been rejected or not?
🤔Something Needs to be done......
Litigation is a dangerous business here in India as well. It is a same type of story here in India as well.
yes just because this happens doesn't not mean decline
Are you serious? What litigation have we had against Ambani Adani combine? Infact its the opposite - its the government helping build cronies and vice versa.
@@user-fp1vm5ev1u you have no idea regarding how litigation service and judiciary works.
@@theawesomedas - pray tell me how
@@user-fp1vm5ev1u who would employ you? All will work in government jobs? Please read a few concepts of the economy if your brain can comprehend them.
This is scary how people advocate to give more money to a billionaire. What is more scary is what people think brings value to a company or a country. Einstein, Marie curie and many other genius scientists who contributed to change the course of human trajectory for the better were worth at most a few million dollars, while a movie actor is worth several times more. people prefer theatrics over actual facts and boring reality. Steve jobs, Elon musk and Elizabeth holmes are good at theatrics and believe in fake it till you make it (Steve jobs and Elon musk got away with it while Elizabeth got caught). Steve jobs was so full of himself that he felt he knew better than the doctors and refused proper scientific treatment for his cancer and died. Anyway I digressed, getting back to Elon, on the one side you have an egotistic billionaire who keeps taking credit for the work done by brilliant engineers and scientists. As a leader he has failed time and time again, he has never meet a product dead line, 1 year miscalculation is acceptable, but everything he promises is delayed at least 5 years, this shows that he doesn't have good understanding of the workings of the company, yet he proclaims he knows more about mass production than anyone in the world and people believe and even applaud this guy, even though the evidence show otherwise. On the other hand you have smart engineers who try to make a decent car despite a fool running the company setting impractical deadlines because he doesn't understand intricate complexities that might arise that an experienced engineer can anticipate. What sets Elon Musk and Steve jobs apart from other boring logical CEOs, is that they keep believing they are geniuses even though it is not evident, so much so that other weak minded people also start believing it. One might argue that they are in fact geniuses because they are the richest people in the world. But, they are successful because majority of the people are not critical thinkers and are drawn to the personality that they portray rather than actual positive impact a person has on the society, a certain historical figure from Germany comes to mind as an example. A country will be successful if they figure out a way to reward brilliant problem solver rather than phony charlatans who become billionaires by shady practices. I hope people think critically and avoid becoming a fan of anyone.
You are right and wrong. It seems you never created something difficult enough. I may be wrong but it could be the case. I can say you should try and create something years ahead of others imagination, and then see if you'd expect people to appreciate the product you deliver or despise you for the deadlines you missed. The deadlines are abstract entities, that hold no intrinsic value in themselves other than acting as system milestones for process pipelines. What he delivers matter much more than when he delivered. And the umbrella statement of "everything was delayed 5 years" is also a misguiding statement, when in-fact none of his competitors outproduced him before him. He sets his own deadlines years ahead of his competition, then gets delayed, yet he remains years ahead of competition. So his delays have no inherent flaw. You are the one who is flawed in valuing a run of the mill CEO of claiming 10yrs to make something and taking 10 as smarter than someone else claiming 2yrs to make something and delivering in 7, that too a superior product in most cases if not all.
I urge you to pick absolutely anything and try to create it from scratch.
@@suyashneelambugg It is really presumptuous of you, and you totally missed the point. I was merely urging people to be critical thinkers and not jump to premature conclusions like you just did. A person who truly understands the problem and maintains good relationships with their employees will know how long it will take to create something difficult. Yes, I would consider this person to be smarter than the self-proclaimed genius (usually a sign of stupidity) who sets outrageous deadlines and exploits their employees, who are probably smarter than him, sacrificing their personal time to meet the deadline. To create something difficult, you need a passionate and driven team, an individual cannot do it alone. A person who has actually tried to create something would know that. Does he choose to recognize the contributions of others or take all the credit for the work? That is a question of the character of the person rather than their mental aptitude. You are assuming that the sole reason for Tesla producing decent electric cars is because of a single person. I could delve into why I think Elon is just like Elizabeth Holmes, but I have already spent far more time on this comment section than I can afford (I have better things to do). However, anyone who logically examines the facts rather than blindly idolizing someone can obviously see it.
Communist - The one who doesnt do anything but eat on the success and hardwork of others. I trust billionaires better than a random youtube account
All this is popping up as I finally move to America next month. 😩
Keep America, Economically free, liberty based and minimal govt. Don't let their identity politics win over you that's all you need to care about.
This is truly nuts
the end credits seem like a very apt message for 2024 elections, less a message more a personal opinion id say actually
reduce the background music, dominating varun's voice
One thing I've learned, Reddit can sometimes be full of grumpy haters. Never make their opinin your own. Apart from that its still gold.
Be a karamyogi, build.
Western countries have gone from rewarding success to punishing success and this will be one of the main reasons of their decline.
Vice level production value..HOT DAMN!
The orange in the background, the black shirt....damn..kudos!
Those who are not getting what "Rent Seeking" is It is another term for "Crony Capitalism".
Those who say it's too much money for Elon, just look at how much value he has created for us.
@@owen_928 in the start he was alone afterward he was the mastermind
I don't know why these people hate the rich one, I am not rich moreover I always appreciate their efforts.
Because in India so many rich people avoid taxes by showing their loopholes. And In even in usa so many rich will avoid taxes in loop holes.
Forget comparing what the Delware judge earns to Indian workers, that judge earning 1 MN$/year is more than what a KG-teacher in US will earn in lifetime. There is stark disparity within US itself. Just that the Judge was not passing a judgement on herself in this case.
As I'm in us, homelessness is indeed on the rise but the same with opportunities not just for Indians but also in the US, immigrants are the ones who are running the show, and getting funding and getting started to build something is still easier than in India
Here in the end he is trying to say let's support our Billionaire Ambani, Adani etc. and vote wisely
Elon should ask who is John Galt?
This video lays out one aspect of why the US is declining.
In my view, one of the BIGGEST reasons for this decline is throwing away meritocracy in favour of DEI initiatives and meritocracy was the primary reason people from Asia, Africa and many other Eastern European countries moved to the US until the late 2000s.
China was communist and an economic basket case and once they embraced the Singaporean model of meritocracy they leaped ahead to where they are today.
The list of reasons for the decline of the US is long. Homelessness, Lack of community, NIMBYism and I’ll even blame people such as BlackRock who are buying up homes and are becoming predatory.
While we can debate about the number to which billionaires must be taxed, the real reasons are often something else. East Asia still holds more meritocracy but they have a different set of problems such as low birth rates (0.7 in South Korea!)
pictures you used while promoting gfg , they were ai generated right??
You should also watch changing world order by ray dalio - it states the same
I totally support Varun on this video! First - everybody seems to be supporting stupid and evil ideas just so they think it’s ok to support without thinking hard.
Second - if a matured economy like the US has legal system to steal money from entrepreneurs then imagine the rest of the world
Third - everybody rich will not be responsible! Remember being Rich has its luxury. But it also has responsibility! Being rich means you have the power to help people and lift them from making bad choices in their life! It’s all in the attitude! If you are thinking rich people are evil just by thinking they have more money then you are really dumb to save you.
Finally, a hard earned money is real money, irrespective of any loop hole. Elon is the only sane person so far in bringing the best to people. Rest is all about business and money making!
Get a grip and note that being good has its value. Don’t comment on Reddit just so your life is bad or you do it for fun!
This guy i.e. Varun got so insecure and depressed by the success and fame that his wife Achina was getting cos of their channel Aevy TV that he started this own channel and got some really awesome and informative content for it.. One of the rare examples where an insecure spouse innovated and improved for better .. good going Varun M...bt i wud still suggest don't be insecure of your wife's success... Bless both of you ❤❤❤
thanks Varun, do you still live in a rented home?
Yes
@@varunacharya4583 😂
Let this be a lesson to those who claim only India has crab mentality. In fact it's more like the 3 idiots dialogue "Dost fail ho jaye toh dukh hota hai, lekin dost first aa jaye toh jyada dukh hota hai"
Reddit, voice of reason 4:50
Are you sure that the ruling was about past compensation package and not the new one for the future? Irrespespective the ruling was a pivotal point.
Also, thinking reddit is a sane place is itself an error lol. Hope the gell mann amnesia breaks for you.
I think it reaches far beyond America, geographical boarders and political separation is a convenient way to containerize the conversation - but we all know "America's" boarders (and ideologies) extend almost worldwide. The reason we know about Elon's issue is a big flashlight and much more transparency is surfacing (long overdue), if you think it's not happening in your backyard or via local legal and political corruption, you are going to be very disappointed. It's an everyone problem to discuss and solve.
LOL. I have never seen more clickbait video than this one. Every fact you cited was correct, but is isolated and not representative of the entire country. First, the case against Elon Musk was obviously wrong, but that is a single case in thousands of cases just in Delaware, plus it never have happened in more than 40 other states. The reddit was just weird. Reddit is not representative of anything, if you want to know how actually Americans feel about capitalism there are better research than an online forum. Third, you are right about California, that state has fucked up big time and that is why people are leaving the state. The thing you need to realize about America is every state is Petri dish of experimentation. New ways of doing things, good or bad are introduced into local level, state level before federal level. This means, some states are allowed to fuck up or succeed. If they succeed other states copy, for example tech ecosystems in California is copied all over the U.S. But, it also means sometimes shity policies emerge, like the homelessness in California, and other states learn from their mistakes.
America goes through socio-economic transition every 40 years and a political transition every 30 years. The goal of this transitions is to reorganize society, like snake shedding its skin, this is not a process started by anyone or any organization, it is a structural component of how America's institutions, politics, and society work. Right now we are going through both socio-economic and a political transition, which means there is just too much happening and too many things are up in the air. But, it also means we are a moving contradiction until things settle and go back to normal.
Before making a crazy claim like "Why America Is In Decline" Make sure you know what you are talking about. Look at all the startups that is being created (712 Unicorn in 2023, that is 51% of all unicorns in the world). America invested trillions into advanced technologies recently, $789.1 billion in research and development (R&D) in 2021 [National Science Foundation] and 2024 budget proposal requested $210 billion for federal R&D, the highest ever. American AI companies dominate the space.
I could not be more happy that China and India are finally waking up, dreaming, achieving goals, and prospering their people. But, that doesn't mean American is declining, it just means some other countries are just getting their shit together.
Don't forget it is America, that made Elon musk in the first place. No where else could a kid from Africa go and become the richest person in the world.
All love.
Wow amazing bro
Alright, let me break it down for you. Elon's feeling the heat from Chinese EVs like BYD and other companies because they're giving Tesla a run for its money. They're cheaper and compete in various ways. So, Elon's been pushing the government to slap bans on Chinese electric vehicles lately.
ok now i realized it was mentioned in the video at the end. lol😂
and why they shouldn't? china is basically enemy of the us and is trying to monopolize entire market with cheap products. ig varun didn't do extensive research on byd but their products are not market ready, batteries explode, auto drive sucks etc. same thing with other things
Same is happening in India as well !!!
No, india's justice system isn't strong enough to bring down a billionaire. Infact, the opposite happens in india
@@aaravgulati1194 what about stupid opposition in india now,did you known about their manifesto's
@@prathamesh.111 Are they in power? Why does that matter? Can you give me any instance where a similar instance happened in india? Even during congress rule
Reddit is getting worse - all they preach there is - its evil to be a billionaire, or rich, everything should be free, & what not. they like to get a piece of someone else money just because they think they have too much
@@owen_928 indeed
This eagle has already fallen. The real question is "Who is the next eagle?"
What is this law 😮
Varun your viewer maybe from us or eu like me but they are still mostly indian
Why it shouldnt be.
Performative inclusivity and diversity.... This is a new challenge... Concept from West but headache to the actual good candidate who is much better than other selected under "Inclusivity & diversity" lable. Really we need to think about it