Elon Musk left Tesla, to make way for a new company that he said will change the world's "Automated Trading System"a new redistributive technology and plan the world's wealth. Basically, take the top 0.1% and return to 99.9%.
#OpChangeTheWorld2 🌍 Elon Musk
Real life ironman - Elon Musk, has just announced that he is about to quit his position in Tesla in order to make room for a new business venture which he believes will change world more than Tesla, SpaceX and Solar City ever could. His new venture is an Automated Trading System and, although he didn't come up with the idea, he invested $72 Million in it which allowed him to control all of the Automated Trading System decisions.
Before we go into about the Automated Trading System, let us explain who Elon Musk is exactly. Elon Musk is a visionary, some call him the smartest enterpreneur of our century. He believes in renewable energy and although his ideas seem too radical and impossible to many people, Elon is proving them wrong year after year. He has made it his agenda to make the world a greener and better place. Some of his ventures include electric cars (Tesla), cheaper and publicly available space travel and colonization of Mars (Space X) and next generation solar panels (Solar City).
But now, Musk has decided to partly withdraw from running Tesla, in order to focus on his new venture in the financial sector. That's why he acquired the Automated Trading System.
What exactly is an Automated Trading System? Automated Trading System is a financial technology with the plan to redistribute worlds wealth. Basically, to take from the top 0.1% and give back to 99.9%. Elon believes wealth is not distributed well in our age, and although there always will be someone richer and someone poorer, the current situation is not acceptable, where top 0.1% controls almost 90% of world's wealth. Musk believes he can cut that down to around 20% without causing world-wide financial crisis. So what exactly does that mean to you, the regular middle or lower class person? This means you will become 2 - 3 times wealthier, and no one except the super-wealthy will take a hit. Sounds amazing, doesn't it?
Ok, the theory is there, but how will it work you might ask? Overall, the idea is easy. The top 0.1% keep their wealth invested in stocks, and Wall Street brokers trade these stocks for them. The idea is to beat the Wall Street traders in their own game - make winning trades so Wall Street with their hoards of wealth slowly but surely starts losing money. Just like a poker game, where a new player comes along on the high-stakes table and starts winning.
In order to do this you would need a better stock movement predictions than the Wall Street has. With the help of cloud computing, it can be done, and it's actualy being done now as the Automated Trading System has showed! This is exactly the reason why Musk jumped on this technology as soon as he heard about it. It's revolutionary.
Automated Trading System :
http://fintech-ltd.me/?partner_id=c1a486dd6c8f128d0be36f669aa221fe&referal_id=35203_372512_9b3874o5pgxk&affiliate_id=35203
Interesting news. I didn't know he had left Tesla.
Great article...I followed you.
My question is if Musk and Automated Trading System can do this, why would Wall Street sit back and be cannibalized. We know that Goldman and JP Morgan are already operating automated trading systems as is the Blackrock Group.
I am a huge Musk fan and never doubt he will pull of what he sets out to do. Maybe the fine details provide the wisdom of this move.
i hope ...This guy is multi millionaire, maybe he realized that he did not need to so much money when other people could not eat every day... i follow you too;)
Musk looks at money as a means to an end. His end, totally change the world. He realizes money is the medium necessary to get there. It is also why he has repeatedly risked his own money to pursue his ventures. As you stated in your original post, he doesnt embark on minor things either. Everything he does is a game changer. I would love for what you write to be true however, I would like to see where Musk is making the shift to Automated Trading. To me, that just seems like another binary options trading tool (there are hundreds out there) that lures people in and ends up costing them money.
Now I will say Musk is on record as being a supporter of universal basic income believing it necessary, not only now, but in the future because of the technological destruction of jobs. So yes he is well aware of the plight of the non wealthy.
Facebook Censorship -_-
Theres no legit news source on this?