Politics Elon Musk calls to invest in Argentina after meeting up with Milei in LA

[jmerl]

Elon Musk's influence can have positive implications in many aspects. If he encourages investors to consider Argentina as an investment destination, it could spark interest in the country and potentially attract investments. However, Argentina's economic and political situation also heavily influences investor perception. If there's stability and favorable investment policies in place, Musk's endorsement could be seen as a positive opportunity. Conversely, if concerns persist regarding economic and political stability, investors might remain cautious regardless of Musk's opinion. Nonetheless, overall, I see it as a very positive development given Elon Musk's significant influence.

Elon Musk calls to invest in Argentina after meeting up with Milei in LA - Buenos Aires Herald

The Argentine president praised the Tesla CEO for his efforts to try and land on Mars

buenosairesherald.com

 

[Billy Goat]

Milei needs to keep things in perspective. He is saying Argentina is going to be the "Mecca of the West". Homeless and poverty are at all time highs and he is saying this. Jesse.

Javier Milei in Los Angeles: ‘Argentina has all the necessary conditions to be the new mecca of the West’

The president of Argentina traveled to the US for the fourth time since he took office and met with Elon Musk for the second time in a month as part of his bid to attract foreign investment

english.elpais.com

 

[Avocado]

Milei needs to keep things in perspective. He is saying Argentina is going to be the "Mecca of the West". Homeless and poverty are at all time highs and he is saying this. Jesse.

Javier Milei in Los Angeles: ‘Argentina has all the necessary conditions to be the new mecca of the West’

The president of Argentina traveled to the US for the fourth time since he took office and met with Elon Musk for the second time in a month as part of his bid to attract foreign investment

english.elpais.com

Each day this guy get more crazy! People can no longer buy beef and he says we will be Mecca. Crazy!

 

[Betsy Ross]

Milei is not saying this will happen overnight. He said with a change in the way things are done heading forward Argentina has the potential to become a super power.

 

[andy]

Many of us have hope that all of this will improve in the long run. Of course, no one expects magical solutions to years of mismanagement. What I do think is important is organizing priorities and addressing them.

 

[Betsy Ross]

So what you want about Milei but do you think if Massa won we would be seeing the type of meetings that Milei is getting?

https://twitter.com/x/status/1788322982223315063

 

[Digital Nomad]

So what you want about Milei but do you think if Massa won we would be seeing the type of meetings that Milei is getting?

https://twitter.com/x/status/1788322982223315063

Agreed! If Massa won we would be seeing the more of the same type of corruption. Things should improve in Argentina over the next few years. I also follow BowtiedMara. I say that Stan Druckenmiller is now saying Argentina is the place to invest. He is a big deal!

https://twitter.com/x/status/1788009439456301065

 

[Finance Prof]

Things are different this time with President Milei. Corruption is ending and big investments are coming. Look at the endless amounts of articles in respected magazines and newspapers around the world.

https://archive.ph/YHuX1

 

[Finance Prof]

And here is President Milei's speech in LA if anyone is interested.

https://twitter.com/x/status/1787601659469648248

 

[fetch rover]

Things are different this time with President Milei. Corruption is ending and big investments are coming. Look at the endless amounts of articles in respected magazines and newspapers around the world.

https://archive.ph/YHuX1

My husband is in the oil and gas industry. He said within 10 years Argentina could become one of the largest oil and gas producing nations in the world. With previous administrations, no companies wanted to risk investing in Argentina with the threat of nationalization but now they are all interested in working with President Milei.

 

[Vince]

So what you want about Milei but do you think if Massa won we would be seeing the type of meetings that Milei is getting?

https://twitter.com/x/status/1788322982223315063

I agree with you completely. The type of heavy hitters and big investors from around the world that are taking notice of Argentina now would NEVER have happened under Massa. Most people agree that hyperinflation would be here if Massa won. People are really downplaying how big of a deal these billionaires are all starting to invest in Argentina or will soon.

Peter Thiel is a big deal.

Quién es Peter Thiel, el inversor tech que se reunió con Javier Milei en Casa Rosada

El empresario ha sido un donante relevante del Partido Republicano estadounidense: inyectó unos US$1,25 millones a la campaña de Donald Trump, quien resultó electo en el 2016

www.bloomberglinea.com

 

[Avocado]

Things are different this time with President Milei. Corruption is ending and big investments are coming. Look at the endless amounts of articles in respected magazines and newspapers around the world.

https://archive.ph/YHuX1

The key to what Druckenmiller said is so far the people have patience. But you are seeing riots. Let see what Mr. Druckenmiller say when patience of people wear out. Then it won't look so good.

 

[greiger]

That's true! This would have never happened with Massa.
He's smart, attracting a lot of investors and influential figures like Elon Musk. I think his strategy is very effective. People are tired of corruption, that's why they chose Milei, there's no debate about that.

Milei to speak at global investors conference in the US - Buenos Aires Herald

The president will travel for the first time aboard the ARG 01, an aircraft part of Argentina’s official fleet

buenosairesherald.com

 

[Larry]

The key to what Druckenmiller said is so far the people have patience. But you are seeing riots. Let see what Mr. Druckenmiller say when patience of people wear out. Then it won't look so good.

Some of these people like Druckenmiller most likely don't understand Argentina and how things work here. It won't matter what outsiders think. It will matter what locals think. No President has had 2 major strikes so soon in their Presidency like Milei which shows how unhappy people are.

Milei faces second major strike as Argentina resists austerity

Argentines woke up Thursday to the country’s second national transport strike since President Javier Milei took office in December.

www.batimes.com.ar

 

[GlasgowJohn]

The key to what Druckenmiller said is so far the people have patience. But you are seeing riots. Let see what Mr. Druckenmiller say when patience of people wear out. Then it won't look so good.

Where are the riots my dear friend?

None out this way............................

Are you referring to the corrupt union leaders who are getting worried they will lose their massive salaries?

 

[Betsy Ross]

Where are the riots my dear friend?

None out this way............................

Are you referring to the corrupt union leaders who are getting worried they will lose their massive salaries?

Amen. Life as usual today. Everything was open. Saw many buses running fine. There is real rear from corrupt union leaders for good reason. Milei is cleaning house.

 

[Billy Goat]

If things are so rosy for Argentina does anyone know why Exxxon wants to exit Argentina?

 

[Larry]

If things are so rosy for Argentina does anyone know why Exxxon wants to exit Argentina?

Exxon probably is happy to just exit their investments in Argentina with a gain. Remember the YPF appropriation. Probably a nervous time for them and they know their best chance to exit is now while Milei is still in office. If the people force him out of office they will have a tougher time.

 

[import export]

Exxon probably is happy to just exit their investments in Argentina with a gain. Remember the YPF appropriation. Probably a nervous time for them and they know their best chance to exit is now while Milei is still in office. If the people force him out of office they will have a tougher time.

You make a good point. This article makes good points. Inflation is still very high. Argentina has a history of defaulting on payments, breaching contracts and also few doubt Milei will operate above board. What happens if he is impeached or even the next President rolls back all of these changes? In many ways Argentina is the wild west.

Javier Milei in Los Angeles: ‘Argentina has all the necessary conditions to be the new mecca of the West’

The president of Argentina traveled to the US for the fourth time since he took office and met with Elon Musk for the second time in a month as part of his bid to attract foreign investment

english.elpais.com

 

[GlasgowJohn]

If things are so rosy for Argentina does anyone know why Exxxon wants to exit Argentina?

Maybe because they dont have direct access to Vaca Muerta? This would bring their cost base in line with competitors.