Right. tRump must secretly hate him and especially after fElons kid was berating him on tv from the Oval Office. And we know fElon thinks trump is an idiot.
Realistically, it's still ridiculously high. About a year ago, it was $115/share. With the company itself tanking as quickly as it is, the stock price should be less than $100.
From i have read and heard if it falls below $200 Elon would have restructure a lot of debt. Banks would be coming after him. Tesla stock is his main collateral for his loans.
I see, thanks for the explanation. I avoid anything related to skuM like the devil avoids holy water, so I didn't pay much attention to the structure and background of his businesses.
We might enjoy a field day soon, I guess, 200$ might be reached soon 😋😇. Greetings from Bavaria 🇪🇺🇩🇪
3 card Monty right on the corner of 5th Avenue, and Leon won’t lose one vote. All of his wealth but his kid told Trump “his dad fucking owns him” during a press conference Elon held in the Oval. It was weird.
Trump doesn’t like children. Yes, he seems to like female children….alone. BUT Not like a classroom of them or a rude little boy who has to gum an apple.
We should compare his face to the jokes Obama made of T at the correspondence dinner in 2014 or 2015. If it’s the same face Elon is toast.
The cybertruck is only sold, IIRC, in the US, it doesn't even meet halfway the security standards here in the EU 🇪🇺, so it may not be sold or driven in 27 European 🇪🇺 countries.
A bit like US food, most of which wouldn't meet EU standards for dog food. Harsh reality!
#DOW down 19.6% over the from the Dec 4.24 high. So, for now it's in market #correction territory.
-20% marks a #Bear market
Note: There have been 27 market corrections since Nov 1974—including the current one—and only six of them became bear markets (began in 1980, 1987, 2000, 2007, and 2020)
How is it still above $200 though? A trade war with the world, 100% recall on cyber trucks. And the rest of the world has stopped buying any form of Tesla. It should be $50 if anything.
Do you think Elon thought he had Donny by the wee marbles?
Do you think Donny had an inkling he could throw boulders on the Tesla pile-on, that it even crossed his mind?
I don’t know what trump thinks. He just acts out like a six year old. Not only is the public helping to destroy Tesla, other countries are assisting in Tesla’s demise. Hooray 😃
Robin Zeng, who founded the world’s largest EV battery firm is on record as saying Musk doesn’t know how to make a battery. Zeng has also said, in the context of new battery design/chemistry, that Tesla’s effort will “fail” and said he believes it will “never be successful.”
Gosh. Past couple of days Elon has inexplicably begun criticizing Donald’s approach to tariffs. D’ya think his evaporating wealth has something to do with that?
LOL! Remember when he was jumping around on the stage with $Trump! He was giddy with his purchase of the US government,and the presidency, he didn't factor in the stupidity and ego of the person he bought getting in the way of total world dominance.
Probably from ore dug up in Australia and shipped to China to make the parts and body for Tesla. We are literally selling China our dirt / land to China. Australia would be better served processing ore and selling value-added components for more $..but like the US, manufacturing is dropping here
Australia biggest mineral export to China is base iron ore. The real deal is that China has 69% of known rare earth minerals. They are essential for products from cellphones to EVs and wind turbines among other technology. Oz can’t compete on that level.
Tesla is up 19.48% today from my buys yesterday and the rest of my portfolio is up 15.43% so yeah, doing quite well, thanks
Any fool that sold over the past few days because they listened to the shitheads crying like little babies are kicking themselves now
What makes it worse is the man he paid to be in power did it to him for shits and giggles. Instead of fixing world hunger the billionaires would rather play Trade War.
If Tesla traded at 8 to 1 it would be $16 and Musk’s 12.8% holding would drop from $96 billion to $6.57 billion.
A price under $112 would trigger a debt call on the shares he has pledged as collateral for loans on twitter forcing him to sell $6 billion of his shares
It was a private all stock transaction HOWEVER the banks that loaned him is $6 billion still hold his Tesla shares as collateral AND the Saudis still have 25 billion loan to X as do other oil countries investment funds for $4 billion.
I don't have all the details but he bought Twitter for 44, sold it for 33, still an 11 billion loss. My thought is, he is gaming the system with a paper loss, and we the taxpayers will somehow pay the difference.
It soon will be. And the stock Musk used as collateral to buy Twitter will be insufficient and the loan called in and X will be liquidated or sold. Jack Dorsey will repurchase for pennies on the dollar. Bahahahahahahahahaha
When the Stock hits $150 and they announce a new CEO… don’t buy that shit. Tesla will never be a viable brand again for people that care about green energy.
But nonetheless, much as one might wish bad cess to him, it’s still extraordinary that Musk, an allegedly shrewd businessman, did not anticipate (& provide for) some adverse reaction to his romping with Trump.
Remember, Musk doesnt have cash. If he need any, Tesla is the only stock he can sell. And the banks is not in the business to lend him any without collateral such as Tesla. And if it falls the banks will ask for more collateral or cash. And Musk need to sell more Tesla. You see where this heads.
We need his stock to get under 200. Apparently, according to some financial experts, Elon took massive ones with a bunch of his stock as collateral, mostly Tesla. If it falls below 200, he going to get a lot of calls from the banks he borrowed from.
From what I understand, Rivian is trading them in at a loss to their own bottom line as a way to gain market share. This is the best marketing money can buy!
Do you realize how under water people are on loans for these? He cut all the prices a couple years back killing values and the resale market has now collapsed and the cars are worth even less. I totally support the boycott and I refuse to drive in ours, but we owe $25k more than the car is worth.
Millions of average Americans own TSLA (#10 by weight) and (AAPL #1 by weight) in their S&P 500 funds within retirement accounts. 160 million of us are being hurt. Musk has screwed his shareholders by hitching his wagon to Orange Satan. The other 160M relying on Soc. Sec. are about to get shafted.
Everyone’s being a little unfair - those lil hands of his would also be just fine for sewing those lil stitches for pockets in pants 👖 takes tiny hands I’ve heard
I wonder why they moved the earnings report date up to the 22nd. Do they want to get bad news out of the way as fast as they can? I actually thought they would postpone the date of the 29th, they are doing the opposite.
retail investors were bidding Tesla up after the close. probably because it never occurred to them that China's most effective pressure point on Trump right now is Elon Musk...
Comments
We might enjoy a field day soon, I guess, 200$ might be reached soon 😋😇. Greetings from Bavaria 🇪🇺🇩🇪
We should compare his face to the jokes Obama made of T at the correspondence dinner in 2014 or 2015. If it’s the same face Elon is toast.
Big time, REALLY big time. TeSSla sales down in Germany ca 75%, 94% of Germans according to a poll won't consider ever buying one.
A bit like US food, most of which wouldn't meet EU standards for dog food. Harsh reality!
💖London
-20% marks a #Bear market
Note: There have been 27 market corrections since Nov 1974—including the current one—and only six of them became bear markets (began in 1980, 1987, 2000, 2007, and 2020)
Might as well replace
the market's "opening bell"
with a gong.
I’ll buy one.
But I like it 😁😂
Do you think Elon thought he had Donny by the wee marbles?
Do you think Donny had an inkling he could throw boulders on the Tesla pile-on, that it even crossed his mind?
Donny doesn't even know what Donny thinks tbf.
As awful as this fucking catastrophe is, I can't help but feel a *little* bit of schadenfreude.
I'll gladly pour my entire $8,000 for 2025 of my Roth into Tesla.
Any fool that sold over the past few days because they listened to the shitheads crying like little babies are kicking themselves now
The major car producers are trading between 5 and 8 to 1 price earnings ratio.
Tesla is 110 to 1 or 12 times what car companies sell for.
This should be a $15 stock tops
Really should be $20 in earnings.
They make money trading carbon credits too
A price under $112 would trigger a debt call on the shares he has pledged as collateral for loans on twitter forcing him to sell $6 billion of his shares
His work undermining the functions of our Government can only be approved by Congress in their next budget.
Sorry. It was about a week to 10 days ago.
THEN he went around saying X was now worth $53 billion, cause that's how much he sold it for TO HIMSELF.
All companies could play this game.
If we allowed that companies would do this all the time
I have not read those lenders took stock
apparently most of the ppl deported have no criminal history
So theyre just snatching random ppl now
Watch for a brand name change too, it won't help. The whole board should go.
https://www.livenowfox.com/news/trump-official-buy-tesla-ethics-law
Tesla stock
Have
Support
At
$ 210
We will see !
🎢
💙💙
Hubris?
Stupidity?
Indifference?
HSI Syndrome?
Wealthy people appear to have an unlimited source of finance to keep bankrupting businesses and it never seems to interfere with their own lifestyle.
I doubt Musk will be any different.
He’s proven to the gop Congress that he’ll fund and amplify maga & in turn, they’ll make sure he gets our tax dollars to do it.
most expensive temper tantrum, ever
May I use this for my protest sign on April 19th?
#F*ckMusk
Couldn't have happened to a more deserving husk of a human
Morgan stanley said $440, only last week!
Someone's going to take a bath somewhere.
😂😅😄🥹😆🤣😃😀😁😇🙂🥰
Trump ruins everone he is in contact with and throws them out.
No sympathy
Lets FIGHT this!
Weekly F U Groups to research and send in documents to investigate tax issues, disbar lawyers/reps, sue them.
https://bsky.app/profile/unitedwestand2025.bsky.social/post/3lmctgfnefk2c
Support- Delete DOGE (Jacobs CA)
RESHARE
Some can't afford to take a loss in them, so I get that. But they are swasticars.
Unless your name is Elon.
Just wish it wasn't also taking down all of our retirement savings...
Maybe he can work it off in an Apple phone factory screwing tiny screws.
https://youtu.be/Iimj0j4NYME?feature=shared
Preferably on video