Wonder how many that own this stock know that for it to be reasonably priced for a car manufacturer it still has to fall like 90% more after already crashing by over 50% since December
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Man, who knew that the annoying Nazi who thinks that edgy 4chan meme humor is the pinnacle of comedy wouldn't know shit about how actual business works? Oh, right, everyone with a functioning brain.
And that's before you start factoring in that its sales are tanking globally.
Imagine that it gets to something like a $200B valuation around the same time the Delaware Senate passes that law that allows Elon to collect $56B from the company
I admit I’m not an expert but I can’t think of a single other company where the CEO has overseen a ~50% drop in stock price and had multiple nazism scandals in the same time, and is still the CEO.
This situation is kind of unique. Because if they replaced Elon I think the stock price will actually immediately crash because it would be a final admission it's just a car company and not some kind of magical revolutionary force
I didn’t really care about Tesla as a brand or a stock but it drove me insane than a company which has sold about as many units all time as Ford sells in a year was worth 10x what Ford is worth
Are you telling me a midsized car company that has not been successful in rapidly upscaling production is not worth more than all other car companies combined? I'm shocked
I loved their projections that was like because our production has grown 20% this quarter now that we're still small it means we will continue that same rate of growth forever because we all know there's no limitations on car demand
The loan thing seems like he mostly successfully dumped all his loans on the banks to take the losses and just haven't been paying them but I could be wrong. It's crazy what kind of financial maneuvering you can do when you have money
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Imagine that it gets to something like a $200B valuation around the same time the Delaware Senate passes that law that allows Elon to collect $56B from the company
These people are the most perfect encapsulation of the dire state of political and media literacy that has helped lead us to these Bad Times….
Tesla: The Crash Is Far From Over
https://seekingalpha.com/article/4765484-tesla-the-crash-is-far-from-over
https://seekingalpha.com/article/4765310-tesla-collapse-of-the-ages-growing-credibility-issues-can-no-longer-be-ignored?fbclid=IwY2xjawI7-kdleHRuA2FlbQIxMQABHQGW_pJF6-QzGJTxW9m33r3DGKqTzhWQKkSieIK21wizA5bznpHdjaAiQA_aem_CbauMUz-WAlQLakWowT3Ew