For me this is fabulous. I sold at $310 and now I'll wait until it bottoms out again and I'll load back up.
One thing is for sure. Elon's companies will always make shareholders money if they play it right
When, oh when, will Americans start catching on to the fact that they are media fed complete and utter bullshit 24/7? Trying to make trump “presidential” is like trying to make a diamond ring out of a piece or urine soaked gravel.
Nice dip to buy on, especially for dipshits
1350 points in less than 2 days. And, nothing has taken affect yet. Just wait for next months. Heading for under 40K pretty soon.
I hate knowing that the further this falls, the more desperate Elon will become in his government smash-and-grab as his entire valuation is wrapped up in this stock price.
I'm honestly worried what he would do once he's backed into a corner and the creditors start calling on his stock-backed loans.
It may well be the Emperor Has No Clothes moment we need though. Republicans in congress are even more spineless than usual because Musk has threatened to fund their primary opponents if they don't fall in line. If that threat goes away, we might see some movement.
As much as I enjoy TESLA dropping off a cliff, there’s no way in hell 45 will allow it to tank. If it came to that I guarantee he would order a bailout for his walking piggy bank.
This is the graph equivalent of watching He-Man tossing Skeletor off the ledge during the climax of the Golan/Globus Masters of the Universe film.
👏👏👏👏👏👏👏
When people post things they need to show some kind of a date stamp going forward misinformation is going to be the norm. We need to be more careful about citing our sources.
At least he has the US support of Space-X, to the tune of billions of dollars. Nice to know we have enough tax dollars to continue to fund his losing businesses. What good does our Mars program yield? Plus, bigger priorities than the I.S.S. right now.
Curious what happened with Bill Gates' position on shorting Telsa stock. Can't find anything recent about it, but wow, he stands to really make some money off this.
It'd be funny as hell if someone like bill gates bought enough of the stock to influence the board and grab Elon by the shorthairs. Tell him that they will oust him as CEO unless he makes a public speech denouncing Nazis past, present and future. Make that ultimatum public and watch him squirm.
I lol a lot with this stuff but then I remember that he "in theory joked about" buying Hasbro because he wanted to purchase the company that makes D&D and give the the shakes.
The further this falls, the longer I will have to work. Social Security is also at risk. And I know I am one of the lucky ones. There are many others that are in need.
Supposedly a lot of purchases and agreements he made are based on the stock price instead of liquid assets, meaning that lenders may request direct payment if the stock falls too low to trust they can get their money back.
A total Tesla collapse could possibly happen: musk lives off loans that are supported by using Tesla stock as collateral. If the value tanks much more, the banks call in and would trigger a cascading selloff.
The banks will just dig deeper and keep giving him loans. Look at SoftBank and OpenAI. Now imagine you’re backed by the US govt which has zero issue using its corruption to keep you propped up.
Either they all go at once like a mob bust or we start drawing straws for the next Luigi.
They have lost more wealth than I will ever have by betting big on kleptocracy. How I wish that knowing this could give me any confidence they might reflect on ... Anything.
I'm more likely to hear they've sold their rental property to go all-in. Hell, they'll "buy the dip" on Trump coin.
One less landlord I suppose, even if impoverishing themselves in the service of hateful grifters would still not be enough to disabuse them of the delusion that they will be one of the kleptocrats to come out on top of this shit show.
Considering how much his assets and BORROWED MONEY ($billions$) are tied to it, he absolutely cares about it. If the value goes too low, banks WILL demand repayment for his loans and he’ll be forced to sell, dropping Tesla value further and faster.
Honestly anything above 1-2 billion, and you already went infinite money wise. Will it annoying for Musk if Tesla stabilizes around 100-140? Yes. Will his personal life be impacted in any meaningful way? Not likely. Except now he can only buy one sports team.
Comments
One thing is for sure. Elon's companies will always make shareholders money if they play it right
Huehuehuehuehue
Here's another: Gee, Elon tanking his own company's value is the masterful cost-cutting gambit no one expected? 🤦♂️
1350 points in less than 2 days. And, nothing has taken affect yet. Just wait for next months. Heading for under 40K pretty soon.
Become a DeLorean dinosaur
I'm honestly worried what he would do once he's backed into a corner and the creditors start calling on his stock-backed loans.
We’ve got your number Elon.
👏👏👏👏👏👏👏
It will probably end with Elon pennyless and alone .
Starlinks competitor, and the direction Ukraine turned for help.
Also, it's just a smart investment.
Safe happy waves against profiteering bullies.
Safe happy waves from Canada
Either they all go at once like a mob bust or we start drawing straws for the next Luigi.
"You say that, but look at your 401k."
They bragged about buying enough Tesla stock in December to buy my condo.... And all my neighbors' as well.
I'm more likely to hear they've sold their rental property to go all-in. Hell, they'll "buy the dip" on Trump coin.
just burn it all down 🔥
And you're not enjoying Telsa sink, just cause lol.
Is your group awash with so much corruption that you are failing to represent shareholder interests?
Boycotting Jeff Besos Products