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Tesla stock falls again, toward longest losing streak in more than 4 years

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Re: Tesla stock falls again, toward longest losing streak in more than 4 years

#61

Post by scifibestfi »

fwip wrote: post #44
leereeves wrote: post #23

Earlier quoted context omitted.

Musk "praised" that insane Russian tweet by saying: > Those are definitely the most absurd predictions I’ve ever heard, while also showing astonishing lack of awareness of the progress of artificial intelligence and sustainable energy. https://twitter.com/elonmusk/status/1607565268150091778

Sure, 4 hours after he replied "Epic thread!!" and somebody convinced him to do some damage control.

When he realized it was too easy for people to not get the joke and were using it to hurt Tesla.

Re: Tesla stock falls again, toward longest losing streak in more than 4 years

#62

Post by lanternfish »

Robotbeat wrote: post #19
Waterluvian wrote: post #10

Earlier quoted context omitted.

I think B only matters as a signal of leadership instability. And I think it tells us nothing new about Mr. Musk that we didn't already know. So I think B is probably not really a factor. A is plenty enough to explain the market behaviour.

Wait, you guys know that was a joke, right? Is it okay to not do due diligence on claims because we don’t like a guy? (Which isn’t to say it makes the market feel better, but come on…)

It's pretty clearly an attempt at humor, but there's still room for troubling conclusions within that framing.

For one, the fact that Musk is even being recommended that kind of content is concerning. Twitters algorithm is set up in such a way that to get exposure to that kind of content, you have to be intentionally engaging with pretty delirious circles of narratives.

Additionally, of all the possible jokes to make on all the possible pieces to riff off of, he chose a pretty mediocre joke on an almostly tepidly incoherent take - his joke isn't necessarily endorsement, but it's still an intentional choice that doesn't really signal the kind of responsibility investors are probably looking for.

Re: Tesla stock falls again, toward longest losing streak in more than 4 years

#63

Post by dale_glass »

kylecordes wrote: post #29
CharlesW wrote: post #6

From https://twitter.com/BriannaWu/status/1607719007892738050 , written while Tesla was at $123.15: While the markets have been closed, two major stories about Tesla have broken. A. Tesla is shutting down factories because demand is plummeting. B. Musk praised a truly insane Russian propaganda tweet, predicting the fall of the west She expects Tesla to fall below $100 by 1/1. It seems notable that the price of used T…

It appeared to many observers that Musk was mocking the Russian propaganda, he then made the mockery explicit later. I don't understand the thesis that Musk is somehow pro-Russia. Generally his ventures are against Russia interests: SpaceX, launched in the aftermath of Russia being uninterested in selling a leftover rocket to Musk, now dominates the launch industry to the detriment of Russia, among other things halti…

> I don't understand the thesis that Musk is somehow pro-Russia.

There's a bit of a conspiracy theory going around that Musk was trying to get out of buying Twitter by publicly aligning with Russia/sabotaging Ukraine a bit. The idea would be being enough of a thorn in the US' backside that they might let him walk away from the deal.

It's a funny one in that Musk has done enough bizarre stunts by now that I don't see this as completely implausible on his part, but given that the US government isn't a dictatorship and has separation of powers I don't think such a deal would be possible even if some part of the US government wanted to take it.

Re: Tesla stock falls again, toward longest losing streak in more than 4 years

#64

Post by ffggffggj »

xwowsersx wrote: post #54
CharlesW wrote: post #6

From https://twitter.com/BriannaWu/status/1607719007892738050 , written while Tesla was at $123.15: While the markets have been closed, two major stories about Tesla have broken. A. Tesla is shutting down factories because demand is plummeting. B. Musk praised a truly insane Russian propaganda tweet, predicting the fall of the west She expects Tesla to fall below $100 by 1/1. It seems notable that the price of used T…

If B is referring to this tweet https://twitter.com/elonmusk/status/1607494455720022018 , I feel the need to point out that this was obviously trolling/sarcasm. People can criticize Musk all they want — hell, they can even argue the trolling/sarcasm is inappropriate — but pretending that Musk was "praising" that batshit thread is beyond silly.

Maybe this is a good lesson that when you’re the CEO of major companies and publicly speaking with a member of a government engaging a genocidal war of aggression, it’s just not smart to make any of these “le epic trolling” style jokes

Re: Tesla stock falls again, toward longest losing streak in more than 4 years

#65

Post by d23 »

kylecordes wrote: post #29
CharlesW wrote: post #6

From https://twitter.com/BriannaWu/status/1607719007892738050 , written while Tesla was at $123.15: While the markets have been closed, two major stories about Tesla have broken. A. Tesla is shutting down factories because demand is plummeting. B. Musk praised a truly insane Russian propaganda tweet, predicting the fall of the west She expects Tesla to fall below $100 by 1/1. It seems notable that the price of used T…

It appeared to many observers that Musk was mocking the Russian propaganda, he then made the mockery explicit later. I don't understand the thesis that Musk is somehow pro-Russia. Generally his ventures are against Russia interests: SpaceX, launched in the aftermath of Russia being uninterested in selling a leftover rocket to Musk, now dominates the launch industry to the detriment of Russia, among other things halti…

https://www.aa.com.tr/en/world/elon-musk-sparks-criticism-wi...

https://www.vice.com/en/article/ake44z/elon-musk-vladimir-pu...

https://www.businessinsider.com/musk-spotted-pro-putin-russi...

And of course, the one you're responding to: "Musk praised a truly insane Russian propaganda tweet, predicting the fall of the west"

Re: Tesla stock falls again, toward longest losing streak in more than 4 years

#66

Post by scifibestfi »

AzzieElbab wrote: post #58
greenthrow wrote: post #43

Earlier quoted context omitted.

This take does not track with reality. Musk pushed Russia propaganda about Ukrane and repeatedly defended his position.

Examples?

For a time it was considered propaganda to push for peace. It was truly bizarro.

Then a few weeks later regime approved voices said we should consider peace and it was no longer considered propaganda.

Re: Tesla stock falls again, toward longest losing streak in more than 4 years

#67

Post by wonderwonder »

I was not interested in the stock at the highs. I am buying as much as I can currently at this level. Musk has always been a wild card but he can deliver. I wish he had not bought Twitter but it doesn't really change my outlook on Tesla, SpaceX or long-term the boring company. Most of the freak out over Musk is just the left's anger over his views. I just ignore it. Dude is eccentric.

Re: Tesla stock falls again, toward longest losing streak in more than 4 years

#69

Post by _the_inflator »

kylecordes wrote: post #29
CharlesW wrote: post #6

From https://twitter.com/BriannaWu/status/1607719007892738050 , written while Tesla was at $123.15: While the markets have been closed, two major stories about Tesla have broken. A. Tesla is shutting down factories because demand is plummeting. B. Musk praised a truly insane Russian propaganda tweet, predicting the fall of the west She expects Tesla to fall below $100 by 1/1. It seems notable that the price of used T…

It appeared to many observers that Musk was mocking the Russian propaganda, he then made the mockery explicit later. I don't understand the thesis that Musk is somehow pro-Russia. Generally his ventures are against Russia interests: SpaceX, launched in the aftermath of Russia being uninterested in selling a leftover rocket to Musk, now dominates the launch industry to the detriment of Russia, among other things halti…

Usual measure when you go verbally over the top: "It wasn't all meant that way, I was misunderstood," "It was meant ironically, and you didn't get it." In both cases, it's the "stupid" audience, but not the author. I disagree.

Re: Tesla stock falls again, toward longest losing streak in more than 4 years

#70

Post by TheBlight »

kylecordes wrote: post #29
CharlesW wrote: post #6

From https://twitter.com/BriannaWu/status/1607719007892738050 , written while Tesla was at $123.15: While the markets have been closed, two major stories about Tesla have broken. A. Tesla is shutting down factories because demand is plummeting. B. Musk praised a truly insane Russian propaganda tweet, predicting the fall of the west She expects Tesla to fall below $100 by 1/1. It seems notable that the price of used T…

It appeared to many observers that Musk was mocking the Russian propaganda, he then made the mockery explicit later. I don't understand the thesis that Musk is somehow pro-Russia. Generally his ventures are against Russia interests: SpaceX, launched in the aftermath of Russia being uninterested in selling a leftover rocket to Musk, now dominates the launch industry to the detriment of Russia, among other things halti…

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