Elon Musk

He seems to be ripping apart Tesla to fund his Twitter shite.
Genuine, decent investors bought Tesla shares not just pension funds (which still affects us)

Is there anything shareholder's can do to stop this idiot ruining them financially?
Eh... No
 
It was happening before, but that was fine then though. Journalists do not uphold free speech, ask that **** Darcy!
The problem is that journalists/ journalism are terms used to describe a broad church of folk ranging from actual serious investigative journalists to the paid shills acting as publicists for vested interests.
Human nature being what it is, we all tend to regard the ones we agree with as the legit journalists. All most of us mortals can do is turn to another news source we prefer, but if you are rich and powerful like musk or Murdoch you can use your pennies to shape journalism to suit yourself.
 
He seems to be ripping apart Tesla to fund his Twitter shite.
Genuine, decent investors bought Tesla shares not just pension funds (which still affects us)

Is there anything shareholder's can do to stop this idiot ruining them financially?
Tesla was and is massively overvalued.

There is a big overlap with musk fans and crypto bros. It's the perfect storm of right wing politics and grift. It's not fraud but its as close as you can get legally. Lots of people will lose big time, it's already happened and its only going to get worse.

What surprises me us how Musks reputation still stands strong among these people even though they stand to lose so much.
 
Tesla was and is massively overvalued.

There is a big overlap with musk fans and crypto bros. It's the perfect storm of right wing politics and grift. It's not fraud but its as close as you can get legally. Lots of people will lose big time, it's already happened and its only going to get worse.

What surprises me us how Musks reputation still stands strong among these people even though they stand to lose so much.

Some genuine people and fund holders have bought in and seen their shares rise. Now they are watching an idiot ruin the price. I was just wondering if they could somehow stop him. Someone says they are suing him. Even then though, they will have to use their money whilst he'll use Tesla money.
The way it's going I might be able to buy some in 6 months time. A 100 @ £2 a pop :-)
 
Some genuine people and fund holders have bought in and seen their shares rise. Now they are watching an idiot ruin the price. I was just wondering if they could somehow stop him. Someone says they are suing him. Even then though, they will have to use their money whilst he'll use Tesla money.
The way it's going I might be able to buy some in 6 months time. A 100 @ £2 a pop :-)
Caveat emptor.
 
Good luck to them and I wish them all the best but doubt they'll get anything.

It’s not exactly unheard of, and his behaviour has directly caused these issues.

For starters, his decision to split the shares in 3 is something that works directly against the existing shareholders as it makes prices much more volatile.

Second, he keeps lying about how he’s not going to sell any more off, and then the price crashes when it comes out.

He’s sold 11% of his stake since April.

Lastly they have a pretty good case against him for awarding himself the most insane bonus/pay package ever put together, $50 Billion last year.
 
A dishonest chancer. Often they succeed at first and then crash and burn. See Sam Bankman Fried. Musk will crash and burn. Maybe it’s happening now.
 
A dishonest chancer. Often they succeed at first and then crash and burn. See Sam Bankman Fried. Musk will crash and burn. Maybe it’s happening now.
He’s a genius with the maturity of a six year-old and the same management style as a jackhammer. And why the motherfuck would anyone invest money with a company leader who settled after an SEC fraud charge?
 
He’s a genius with the maturity of a six year-old and the same management style as a jackhammer. And why the motherfuck would anyone invest money with a company leader who settled after an SEC fraud charge?
Is he a genius though or did he get lucky with a couple of well timed investments? As far as I’m aware, he’s never invented anything himself.
 

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