Please more!!!
Can’t wait for some “buy the dip” dickwads to catch this falling knife
Pretty sure that and the White House advert halted the dip the last few days.
Except fElon hasn’t changed, so down it goes!I did tonight, made 700 bucks. Not complaining.
But im not going to hold Tesla. Its going down on next revenue report when people see the sales.
At the end of the day, there are actually better electric cars now for the price. Even starlink is starting to get major market competition for cheaper.
Even starlink is starting to get major market competition for cheaper.
Please elaborate.
Everyone and their dog wants to gunk up LEO with their soon-to-end-space-flight-forever space junk
Objects in LEO fall quickly (months to single-digit years) without station-keeping, mostly from atmospheric drag. Anything we put there wouldn’t contribute to a long-term Kessler Syndrome situation. It’s geosynchronous Earth orbit (GEO) we have to worry about, but once you’re up that high there’s a lot more room for everything.
¡¡doʇ ǝɥʇ oꓕ
Too big to fail. Prepare for gov bailouts.
they have only survived so far because hype and government money. they have never been profitable. the stock could halve again and it would still be overvalued
It’s like 20x too high as it stands going by p/e ratios compared to the rest of the auto industry. Like 5-6x too big compared to tech companies. It’s wild.
Good!
[I am now on a list.]
Bold of you to assume you weren’t before.
We are all on the Verfassungsschutzliste/List of the Office for the Protection of the Constitution (lovingly nicknamed Faschistenschutz/Office for the Protection of Fascists)
Die sollen mal ihre Arbeit machen und die Verfassung schützen!
Aber ich habe “Arbeit macht Frei” gedacht.
Das kann der Antifa eV besser, die sollen uns eher mal nicht behindern.
eV (sponsored by Ampel)
Let’s go for ten weeks! Then twenty!
Good news!
Good.
That’s illegal! TSLA is not allowed to drop. Prepare for your mandatory stock purchase, citizen.
You jest, but I would seriously consider the possibility that he’ll sue anyone selling the stock, and sue the government for not investing in it expressly.
I mean, god, the tantrums he’s thrown at having advertisers take breaks—because I don’t think any of them truly left—from Twitter should be proof enough of the possibility.
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I wonder if Elon is probably going to bail on Tesla after he gets all his SpaceX stock hooked into government contracts and stuff.
Some youtuber was saying as much. A lot of his wealth is tied up in Tesla and a lot of Tesla’s valuation is tied up in Musk. But Starlink is making far more than Tesla, he owns a larger portion of it than Tesla, and he’s selling Tesla shares. If he makes the right moves he can entirely walk away from Tesla and leave the shareholders holding the bag.
Couldn’t he just, like, sell his shares like a normal person? Nobody’s stopping him, right?
Disclaimer: I’m stock illiterate. Are his other companies also trending down? Or are they not publicly traded or whatever? Is it known what % of his wealth comes from Tesla (vs Starlink or SpaceX)?
Most of his other companies are not publicly traded, so there isn’t much direct comparison. But Tesla has widely been known to be hugely over-inflated for years and years now, the bubble had to burst sooner or later. It is definitely being hit harder than the rest.
Tesla was overinflated because it was run as a software startup, where they had money pouring in from venture capital. They had money coming in, but it wasn’t simply from sales. Let’s see if that stalls too.
But wasn’t his Tesla shares used as collateral for the Twitter financing? If Tesla tanks enough, won’t his Saudi banking backers raise hell?
I’m waiting for Musk to have to sell his stock.
Can it go negative so stock owners have to pay? /s
You jest, but futures can actually go negative. At one point during covid a tanker shortage meant you could be paid a few $100 to accept delivery of a barrel of crude. Some people were joking about filling their swimming pools.
