Tesla sales plunged 45% in Europe in January, according to research firm Jato Dynamics, even as overall electric vehicle sales rose. That comes after a report of falling sales in California, its biggest U.S. market, and the first annual drop globally for the company last year. #BoycottTesla
Tesla should have done something a long time ago, to cast off their pestilence, but they let him hang around. The whole Board of Directors had a fiduciary responsibility to protect their investors, and they did nothing. Plenty of blame to go around.
That's not really how valuation of companies work... it's not like this amount of money was spent on something today. It's just that if everyone sold all of their shares right now for current market price, it would be worth that much less.
Is it?? It's obscene that even on paper one man would control that much money. And saying an amount of money would have funded USAID for a year really brings it into perspective for many. He has so much but is such a selfish stingy jerk he wants to deny basics to others.
Trust me, I hate him too. But he *doesn't* control that much money. He controls 23% of a company that, if it were liquidated instantly with no change in price (an impossible scenario), it would be worth 1y-of-USAID-funding less than it would if you did that a week ago. That's not really meaningful
He's still up. Hasn't lost anything yet unfortunately.
Tsla was hovering around 200 before the election. It needs to be more like 80 and he'll start to bleed capital.
It's sad that people will lose their jobs. But Musks fortune has to be destroyed so he can't buy governments.
Looking back he just used Obama to build his fortune on taxpayers backs.
He was always a monster with bad intentions.
You would think that a responsible BOD would fire a CEO who is not showing up to work. Of course this is the BOD who granted their CEO a HUGE salary/bonus. They are all disgusting.
The issue is the carbon credits. Most of Tesla’s actual revenue is from companies paying them for offsetting credits. Those go away and it’s bye bye bye.
He does care about Tesla. Its value is the reason that he is able to obtain such favourable terms for the massive debts he has accrued with his other businesses. If it tanks, the banks will critically reexamine those loans.
They are only buying that hideous rolling dumpster of a truck. But not many of them can afford to get one if they have a business that needs a real truck for work.
I was surprised to read how much Musk gets from the American tax payer. My guess his efficiency cuts won’t affect the carbon taxes , or space programs etc
Like with the deepseek thing where those nvidia etc companies lost "one trillion dollars" it's just increasingly obvious this shit is all made up and nothing of worth is being created
Every morning, Dow futures are positive, going to start upward. This happens until about 2 pm, then there’s a drop. Check it on any online Dow site. I don’t know what it means, but it is consistent.
I get the analogy, but that Nazi bastard doesn’t have a charitable bone in his body. He has zero empathy. He’s a low IQ moron like his underling Trump.
The issue isn’t solvency. Tesla isn’t in 2008 trouble. The the P/E ratio makes no fucking sense. If it corrected down to a reasonable ratio for literally any other automaker it would reduce Elon from Bezos level to “just another rich guy” level.
It's not real money, it's a capitalization. It equals the cost of one share multiplied by the number of shares. And obviously when you start selling shares, the price goes down. So, the real money you can get is way less than the capitalization.
The problem Tesla always had is that in no possible reality was if worth the value placed on it by the markets. It would require it to totally dominate the electric car market for it to be close to that, and it will end up just one of many.
I seriously think we'll start seeing services advertise that they do NOT use AI in production. Some of the products coming out of normally high-quality vendors are nuts. It's all becoming slop.
If I need a lawyer, I want one who doesn't use AI.
I've started seeing this. Some responses to support e-mails or corporate decision communications end their texts with "This response was not decided by AI".
I personally love AI but it has to be used carefully and on topics where it makes sense.
As a lawyer I do think about this a lot, but the lawyer part of my reasoning makes the question difficult: what would an "AI free" certification mean? I hate AI but use some "technically AI" tools for things like dictation and OCR. Is it enough to say "LLM free"? How would we phrase it?
I actually really like the "certified organic" idea, i've been kicking it around for a while. I think it could be an actual thing like organic produce (specific definitions and rules) and Fair Trade certification.
Certified Organic Writing could be a defined set of rules and a nonprofit to certify.
Implementation is the hard part. I'm also not at "never"; recently I attempted (and failed) to use chatgpt to shorten a phrase for here. Didn't work - I already had the best syntax.
Huge difference between "find me a shorter phrasing for 'will have been avoided'" and "write a legal brief for me"
Like, I don't want us to show up for a court case and find out the cases you cited were hallucinated. That's happened a few times now. So, it is AI-free in the drafting of formal documents.
I'm so frustrated by that because "search and summarize cases" and even "automate a creac after I enter case facts into a form" seemed so promising. Also maybe a difference between "train on Federal Reporter and West Key System" and "feed the algorithm reddit and twitter."
The AI tool i really wanted but now don't trust to even seek: Index this 2000 page medical file, for each page/entry locate the date and name of provider, associate keywords to likely related terms, let me type "disab" and get every instance of "disabled" or "disability" instead of Preview crashing
This is not a criticism or pushback, i think it's important that we figure out what the "rule" would be for where the line should be drawn. I was very hopeful for AI generally before I saw how it's being deployed recklessly today.
I don't know why but the first thing that pops into my head when you say that is "compassionate war fighting" or a similar appalling oxymoron. Like how the US shifted a lot of our "special forces" tasks to "surgical" drone strikes that humanely kill only one or two innocent families at a time.
Keep your eyes open. Some already are explicitly stating they don't use AI. I've seem some game studious post about it. WotC said they didn't use AI... but, shocker, turned out they were lying.
AI in itself is not the problem, the problem is people and corporations using it unethically. I just attended an AI Ethics workshop and I can assure you it’s the input you give it and how clear the instructions are + beta testing, monitoring&evaluation are what’s missing. They rolled it out to soon
neat I wouldn’t say, but interesting/worrying most def. Ex.: most companies don’t manage AI risks (+67%) but they are concerned about risks🤷🏻♀️🤔 AI isn’t the problem. People are, more specifically companies.
Pretty sure ai is just bad. It’s trained off of personal data and stolen art and it’s absolutely fuck awful for the environment while providing “utility” that nobody actually needs.
I don't use AI for anything important. I use it more like grammar check - after I write something non-confidential, I may use it to see if it's internally consistent and written for a lay audience. I would never use it to draft from scratch! When you do, it is so bad.
Larger LLMs do much better on grammar. Smaller ones that you see on the free tier make many mistakes.
Even the big one make deeper errors of semantics sometimes, so you can never use what they produce naively.
Lol, no. This is just the beginning of the slide off of the first hype peak. The trough of disillusionment will be when people begin to question whether AI really has a future. Nowhere near there.
sadly that won’t happen anytime soon, tesla going down would basically be good for our morale and preventing smaller future investors from his scams. He’s got his eyes on bigger fish now, which can provide him the kind of 💵 he needs for his new obsession venture: Mars. He needs at least 10 trillion
Algorithms get non institutional buyers to load up then they will let it fall if that’s the trend. Look for 42000 on the Dow, it may continue further if it breaks. I think there will still be negative sentiment even if they lift the tariffs.
Musk could eradict world hunger if he wanted. But, alas, all that wealth went to his head and ego. Better to let children die of hunger in Africa. Then, offer his disgusting sperm to other women. What a disgusting human being.
Once people realize the company isn't growing anymore, the bloated P/E will fall. It doesn't need to lose 60 percent revenue to lose 60 percent of its stock price.
But remember he has the backstop of the government if retail customers all disappear.
The govt cannot backstop the crash of a massively overpriced meme stock company. Warren Buffet will be buying Tesla's assets for 5 cents on the dollar and merging into BYD.
Anyone buying a Tesla now is making an expensive political statement as well as a car purchase. I'd be surprised if the sales slide didn't gather momentum, particularly in Europe
The value was as fake as elonald. i did clear a nice profit going up as I sold it off and shorted it on the way down. thank you my over blown bitch for the gain
What Elmo has to do now is ask loans giving Tesla stocks as collateral, to buy Tesla stock and keep the price up 😏 so that the Tesla shares do not drop.
This sort of sound bite fact is excellent for the passive to learn . The impact we can have if we join forces world wide , the grotesque amounts of money we are talking about and what those sums of money can actually fund
And yet, Muskovich remains embarrassingly wealthy, and the shadow dictator, and the rest of us just....suffer. I hate late stage capitalism. I despise the oligarchy. I am appalled that we invited fascism in.
Kwaheri`bella: - too late, still missing you anyway, don't know why we were lovers, for a while, for fun or thought we could fly? - rhythm was two hearts in same beat #Monkssnap #Kwaheri #Ciao #Bella #USAID #AIDS https://on.soundcloud.com/xedwqN4BCNLRFen99
It's unlikely we will consider buying a car from a company whose CEO thinks we don't live in a real country. We'll find a car from a country that doesn't want to annex us, thanks.
Comments
Tsla was hovering around 200 before the election. It needs to be more like 80 and he'll start to bleed capital.
Looking back he just used Obama to build his fortune on taxpayers backs.
He was always a monster with bad intentions.
If you do one thing today, sell your shares before they are worthless.
Banks are capitalists, first and foremost.
Shut the circus down.
A decent buyout offer would be 10, thats all it is really worth.
😂😂
Sales are sinking, and they're not coming back because Musk is a toxic SOB.
F Spacex
FMusk
Don’t stop til it’s a penny stock!
All his other ventures are underpinned byTesla
Since Jan 1, its lost 27%.
We will see if we can't get it to 50% in tge next couple of months.
https://bsky.app/profile/wikisteff.bsky.social/post/3lj7enkh5322m
If I need a lawyer, I want one who doesn't use AI.
I personally love AI but it has to be used carefully and on topics where it makes sense.
Certified Organic Writing could be a defined set of rules and a nonprofit to certify.
Huge difference between "find me a shorter phrasing for 'will have been avoided'" and "write a legal brief for me"
And I guess in the end, that isn't quite the right angle - instead it should be a checklist of what IS human.
Everything hand checked by a licensed attorney
Every sentence human-written
Like yeah, it's great for syntax and sentence structure improvements, but somehow it misses huge typos and will spot inexistant mistakes.
Even the big one make deeper errors of semantics sometimes, so you can never use what they produce naively.
Psalm 82:3 ESV
.... We NEED TO END TESLA...DROP THE BOTTOM OUT OF IT, NO CHANCE OF A REBOUND. #ENDTESLA #MUSKISANAZI
Not now, not ever.
🖕Tesla
#Musk #Tesla #MAGA
But remember he has the backstop of the government if retail customers all disappear.
Not the same thing.
Otherwise the Chinese will control the entire EV market, and they will be able to charge whatever they like.
Mark my words!
The super power of economic withholding.
Bend the saboteur back out of America
Don’t let Elon off the hook now …
Is. Everyone acknowledges it. If this keeps going the shorts are gonna start to circle.