I predicted this after his reputation fully tanked when he went full MAGA/ DOGE. Every earnings report is going to depress the stock price more and more, until the floor just falls out, and it collapses.
Tesla is NEVER coming back. It will be bankrupt in 3 years.
People said the same after he did the nazi salute. You guys don’t learn.
The nazi salute is the same time they’re talking about though…
And the stock is starting to tank, because the earnings are shit, but they’ve been way below it’s valuation for ages
I would rather walk than buy a tesla
There are a couple local teslas with the “I bought it before I knew how awful he is” stickers and like, okay, I can understand how that might happen.
… There’s also a local cybertruck with that sticker, and buddy no nobody’s buying it, stop trying to lie your way out of the consequences for your actions it just makes you look even worse.
In two weeks when SPCX employees can sell, please let them cash out and resign as hard as possible. They’re reasonable intelligent people who know the promises are science fantasy, so this is a plausible scenario. Then, as investors lose faith, Tesla enters true freefall right as fElon tries to leverage his shares to float SPCX. Let this Icarus of Grift come spiraling down so we never have to hear about him or his cultists again.
Looking at short term with stocks is never the right thing to do. Stocks go up and down every day.
You should always look at 1Y and 5Y and as we see for Tesla, that’s … oh.
Nevermind.
No earnings you say…
Pinksheets you say…
The stans will prop it back up.
Why are Hank and Dale coming back from a Costco trip? Like don’t get me wrong I could totally see both of them going to Costco and Dale getting into some hijinx with their rotisserie chicken or something, but like why?
It’s still way over valued
Yep. 10x. Should be 30$
Overvalued garbage tends to do that
Given how the modern day stock market works, does it really matter? I’m sure most of us get elated when a headline like this floats around, but unfortunately Tesla is not going anywhere anytime soon.
And why do we give a shit about a white supremacist’s car company again?
Nobody wants to buy a car from a car company that only wants to build robots in the future.
I bought an EV recently, and Ive been asked a few times why I didn’t get a Tesla. There’s a wide range of reasons but the one that’s the most fun to say is “I wanted a car made by a real car company”.
My go to us “I don’t support pedophiles”
Nazi pedophiles at that!
I might try that next time
Tell that to my cousin. He just bought his 3rd…
Oof, 1 year of gains wiped out
Oof.
I sold my shares years ago, when Musk started to show his first signs of becoming radicalized. Looks like it was a pretty good call.
Unfortunately there are still some worshippers of his, even low key ones.
This really perplexes me. Maybe I’m kind of in a bubble.
I’m convinced half of them just aren’t paying attention. You would be surprised how easy it is to just… Not know what is going on.
Yet somehow the asshole is a trillionaire. That don’t sit right with me. tf is going on
Subsidized government contracts
Not anymore.
Thanks to the freefalling stock.
Not for long if this keeps plunging!
He isn’t, anymore. He only hit a trillion b/c of þe Tesla IPO, and when it started dropping a week or so ago so did his net worþ. Much of his net worþ is tied up in stocks.
net worþ
What the fuck is a net worb?
That character is sounded out as “th”. Looks like what your tounge does when you make the sound.
Eet iz ez ænuf 2 phigyur owt frum konteckst, just lame and unneccessary.
He’s using a “thorn” cuz he’s so tistic and awesome.
I feel like it’d be a lot more interesting if they used more random non standard characts like ß, æ, œ for example.
Œ and ẞ are very standard in French and German. Both at the same time if you travel to Alsace-Lorraine.
English should be reformed with diacritics, full stop.
English mostly dropped diacritics since it made things weirdly complicated inter-regionally in England since some regions used them and others didn’t. Frankly if you’re going to try to reform English through non organic it’d probably be better to just toss the latin alphabet outright and make something new. Personally I’d go with using a derivative of Anglo-Frisian runes personally mostly cause it’d be funny.
Downvoted for use of stupid characters. So cringe. It’s the tinfoil hat of text.
I thought I was the only one. I wanted to Hulk punch the guy over IP.
Jesus. ðey’d be less annoying if they correctly fucking used ð and þ
“if ðey”
I downloaded for defending a rich person. “His networth is tied up in stocks” is the kinda shit someone says who doesn’t understand that that doesn’t make them any less rich. A trillionaire means a trillion dollars of your shit is owned by him, houses and farmlands and workers and production capacity and art. No one should be allowed to have more than 10-20 million, at that amount they can pick someone to never have to work again in their life every year for the rest of their life. That’s too much money.
Not defending, just an explanation, and one that if anything would enrage Elon more.
He’s still an absurdly over-wealthed taint stain, but the specific numbers over that threshold were just not quite as substantial as other (also somewhat imaginary) numbers.
Point in fact, he was a trillionaire, and now he is not, but he didn’t lose anything real. He still has every bit the amount of real wealth and control over all that stuff you listed that he had before, just the number shifted by billions of dollars while preserving every last thing of import that was wrong with his wealth. He is no longer a trillionaire but that means absolutely nothing about the problems his wealth pose in real terms.
At some point, the numbers cease being a thing for meeting their needs, their comforts, and at some point even their every whim and preference they could possibly imagine. It just becomes a score and they peg their egos to the score. This is a level no one should ever be at.
It’s not defending a rich person, it’s a statement of fact pertinent to the conversation.
Musk has most of his net worth in volatile investments. The total value of those investments once exceeded $1tn, but have lost value and no longer exceed $1tn. Therefore, he is no longer a trillionaire.
No other implications were made. Stop tilting at windmills.
Correction, the SpaceX IPO is what briefly made him a trillionaire on paper. And yeah, that stock is in free fall too. Likely to be moreso when the locks come off for the people who got free shares as employees. If you look at the stock, and the way he set it up (his 1 share is worth 10 of everyone elses in voting power, as well as other weirdness) it’s not a long term stock. No one but a moron or a Musk Stan would keep it.
Yes, good catch.
eh, stonk market is one big rigged casino. guarenter you spcx shoots to moon around when Musk’s personal share-lockup period ends
Musk = POS Nazi.
