Tesla squandered a technological lead of probably three years to concentrate on self-driving tech that hasn't delivered and a pick-up that majored on futurism for a deeply conservative market sector. It also, even now, doesn't have a new model programme really worth the name...
...yes, this is about Musk but it's also about a business that has failed to recognise or capitalise on what it was good at, and pursued a load of other ideas that were, at best, marginal and often just plain dumb. How much Elon is to blame for this, no doubt we'll find out soon.
Why are Tesla shareholders and board accepting this extremely poor performance from a CEO? Focused on all other things but the company. Other CEOs would be fired a long time ago...
Regardless of the value to his companies, Musk is a threat to our country. He and Trump have no empathy, no compassion, no humanity. However, there are quite a few fascists who think the two of them are great for the country.
The US is unraveling, and we are far worse off than ever under Biden.
It was all clearly going to go to shit, and the price back in December was based on the fairly desperate hope that they didn’t mean what they said - or weren’t thick enough to enact it.
Elon Musks dream has come true and his prayers answered.
All Tesla vehicles will be driverless in 6 months.
Which highlights when praying be very specific.
That’s not good because it means that markets expected an advantage from Trump election. but worldwide customers punish Musk. Now value is back to original value👍
Still *massively* overvalued. Its latest quarter had to book Bitcoin gains to have credible earnings, and in the quarters ahead it is going to be an absolute bloodbath.
Chop 75% more off and this trash is still overpriced.
It makes sense from a fiscal perspective, you don't want to give money to a business whose CEO spends all day tweeting and taking away people's healthcare.
But it also makes sense from a political perspective, because you don't want to give money to Nazis, either.
Comments
It will be the first full quarter of global sales since the election began and has a good chance to be a bloodbath of a report.
Svasticars are - ethically - very ugly.
The US is unraveling, and we are far worse off than ever under Biden.
All Tesla vehicles will be driverless in 6 months.
Which highlights when praying be very specific.
Fiasco
Scammers
Bussiness Failures,👇
https://rollingstone.com/politics/politics-news/donald-trumps-13-biggest-business-failures-59556/amp/
Punishes people w 4,000+ lawsuits
https://usatoday.com/pages/interactives/trump-lawsuits/
Chop 75% more off and this trash is still overpriced.
But it also makes sense from a political perspective, because you don't want to give money to Nazis, either.
The math checks out.