Elon Musk

ChicagoBlue said:
Whether that washes his stink off the Tesla name and vehicle range or not, I have no idea, but it feels like the timing and execution of the CyberTruck have harmed the brand, possibly terminally.
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I don’t think the stink will wash off Tesla until the banks squeeze Musk out when payment for their loans is due in Tesla shares and Musk is no longer associated with with the company either as a senior manager or as a significant shareholder. Even then, they’ll have to rebrand to a new name.
 
ChicagoBlue said:
You are acting like I am defending the market valuation of TSLA. I am not. I am saying that SOMEONE (as in millions of shareholders) does that every single day but it just isn’t at the valuation you and others deem more appropriate. I own a metric shitton of Berkshire…Buffet doesn’t believe it, either!

Some companies trade at a 5 PE, others at 55. Why? Belief in something. When someone buys TSLA at $200, someone is selling at $200. That means they both feel differently about it, even with access to the same information. THAT is what creates a liquid market, and THAT is all I’m saying.

In the effort to denounce, denigrate and decry anything Musk, MAGA or Tesla, you (like others) are reading too much into things. (Shocked that this could happen on an Internet forum!)

Neither you, me nor the fence post have any control over the price of TSLA and for those for whom traditional stock analysis is a must before buying a stock, TSLA will probably never be in your portfolio. That’s perfectly fine, and I certainly don’t care, but millions of other people (even long before Musk came out as a Nazi or a MAGAt or a DOGE disciple) have felt differently.

For context, the stock is up 6% so far today, after being up about 4% yesterday. Idiots, the lot of them, right?

Just so I understand…

View attachment 149582

SMART!!!

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ABOVE MARKET RETURNS, BUT…


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STUPID!!! HOW CAN YOU OWN IT?! IT’S GOT NO INTRINSIC VALUE, IT’S LIKE CRYPTO AND IS GOING TO DIE WITH MAGA!!!

Did I get it right???

Maybe this is the beginning of the end, I don’t know OR CARE, but while there is a market of believers, there will be ups and downs.

As with many rides, it’s where you got on and where you get off that determines your experience. I’m not on this ride, so I can’t comment…but the MARKET does, every day, regardless of what the gawpers and naysayers are saying and doing.
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Fwiw, JP Morgan analyst put a price target on TSLA of 50% LOWER than the current price.

Caveat emptor.
 
ChicagoBlue said:
Fwiw, JP Morgan analyst put a price target on TSLA of 50% LOWER than the current price.

Caveat emptor.
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50% less still puts the market cap at $400bn which is still 4 times more than GM and Ford combined. I think it’s got a lot further to drop than 50%.
I know Tesla’s not just a car company but sales of powerwalls, solar panels and robots aren’t going to make up for the huge disparity because it has competition in all of those markets.
 
west didsblue said:
I don’t think the stink will wash off Tesla until the banks squeeze Musk out when payment for their loans is due in Tesla shares and Musk is no longer associated with with the company either as a senior manager or as a significant shareholder. Even then, they’ll have to rebrand to a new name.
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It makes no sense whatsoever to get rid of Musk on the basis of the stock value.

You only have to ask what will happen to the share price if Musk was ousted? Tesla then does become just another car company and that cult/meme stock status will probably be lost.

It is then that we will see what TSLA is really worth which won't be a lot so I cannot see why any shareholder would want it. This is especially true as anybody who bought in recent years will lose a shit ton of money.

Everybody who stood to lose from the recent TSLA rises has probably already sold which is why the price has tanked. Everybody who was previously invested is probably still invested. IE, not much has changed.
 
inbetween said:
It makes no sense whatsoever to get rid of Musk on the basis of the stock value.

You only have to ask what will happen to the share price if Musk was ousted? Tesla then does become just another car company and that cult/meme stock status will probably be lost.

It is then that we will see what TSLA is really worth which won't be a lot so I cannot see why any shareholder would want it. This is especially true as anybody who bought in recent years will lose a shit ton of money.

Everybody who stood to lose from the recent TSLA rises has probably already sold which is why the price has tanked. Everybody who was previously invested is probably still invested. IE, not much has changed.
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The cult/meme side of things has already gone. No one with a brain wants to be associated with Musk and drive round in a swasticar. The only “Muskrats” left are malign billionaires who have Bentleys and Ferraris anyway and are few in number and millions of uneducated MAGA freaks (Trump’s base) who won’t have a pot to piss in never mind $50k to buy a swasticar. And even if they did they’d rather spend it on a gas guzzling pick up truck and some guns.
The only thing holding up the share price imo is the hope that the federal government will provide grants and a regulatory environment it can capitalise on, and because of Musk’s government role that’s more than possible.
 
inbetween said:
It makes no sense whatsoever to get rid of Musk on the basis of the stock value.

You only have to ask what will happen to the share price if Musk was ousted? Tesla then does become just another car company and that cult/meme stock status will probably be lost.

It is then that we will see what TSLA is really worth which won't be a lot so I cannot see why any shareholder would want it. This is especially true as anybody who bought in recent years will lose a shit ton of money.

Everybody who stood to lose from the recent TSLA rises has probably already sold which is why the price has tanked. Everybody who was previously invested is probably still invested. IE, not much has changed
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My Dude, please oh please let me know what you're smoking!!! It's some strong shit!!! Because every single one of your points is fucking off-scale stupid!
 
west didsblue said:
The only “Muskrats” left are malign billionaires who have Bentleys and Ferraris anyway and are few in number and millions of uneducated MAGA freaks (Trump’s base) who won’t have a pot to piss in never mind $50k to buy a swasticar.
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Now come on in his Boycie impression pitching Swastikars the other day he said if you went through him you could get UP TO a whopping $1k off the sticker price
 
west didsblue said:
The cult/meme side of things has already gone. No one with a brain wants to be associated with Musk and drive round in a swasticar. The only “Muskrats” left are malign billionaires who have Bentleys and Ferraris anyway and are few in number and millions of uneducated MAGA freaks (Trump’s base) who won’t have a pot to piss in never mind $50k to buy a swasticar.
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I dunno. I follow this guy on Instagram, and the amount of poor people who buy insanely expensive cars they don't need on credit over there is ridiculous.



west didsblue said:
And even if they did they’d rather spend it on a gas guzzling pick up truck and some guns.
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Well yeah.
 
Shares in Eutelsat have risen 390% while Starlink contracts are being cancelled en masse. The reason?....lack of trust. How can you rely on a company that switches your service on or off on a whim, decided by its owner or his master. At some point Trump and Musk have to realise you cannot live in a bubble. Every country is connected, so you cannot do what you want without a consequence. He's a dick!
483682709_1199621105064350_4872502622442352755_n.jpg
 
fulabeer said:
Shares in Eutelsat have risen 390% while Starlink contracts are being cancelled en masse. The reason?....lack of trust. How can you rely on a company that switches your service on or off on a whim, decided by its owner or his master. At some point Trump and Musk have to realise you cannot live in a bubble. Every country is connected, so you cannot do what you want without a consequence. He's a dick!
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They wanted isolationism they are getting it
 
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