Live data from Hacker News

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

marketwatch.com

81–90 of 387 posts

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

#81
post #51
post #39

Earlier quoted context omitted.

I'd say mockery was pretty apparent from the context in the first place. https://twitter.com/elonmusk/status/1607494455720022018 > Epic thread!! If you had no idea from who that tweet was from, wouldn't you regard it as mockery?

Musk genuinely still uses "epic" to describe things he likes.

Shrug. Maybe it's just me, but I don't things seriously when people use multiple exclamation marks.

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

#82

This is so pointless. We often make fun of people who obssess over the Kardashians and yet here we are obsessing over everything Musk..

He has a far bigger impact on society, both potential and realized. And there's still a lot of damage he could (and seems inclined) to do.

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

#83

Earlier quoted context omitted.

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…

[flagged]

Not everything is a liberal vs conservative pissing match.

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

#84

Earlier quoted context omitted.

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…

[deleted]

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

#85
post #36

Earlier quoted context omitted.

Might be actually, I didn't actually look at the DCF. Just eyeballing their PE and their growth didn't make it attractive enough to me. I feel like it should be abundantly clear.

Where do you check DCF? I had to build my own Excel spreadsheet for this. But I would love to find a place where they've already done this for me!

GuruFocus might be OK. I haven't checked their DCF methodology, but my guess is they probably get it right.

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

#86
What I find interesting is nobody complained about Musk's social media antics when he proclaimed himself to be Technoking of Tesla or when he hyped dogecoins with diamond hands. Both evidence of bizarre behavior for a CEO of a multi-billion dollar corporation. But only now - after the stock took the proverbial Acapulco cliff-dive - are investors condemning his 'erratic tweets hurting the stock'.

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

#87
post #72
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's ridiculous to state that Elon praised Medvedev. Medvedev made some insane and absurd predictions for 2023 and Elon replied with "Epic thread!!". It was epic because how insane it was. Elon clarified it later with "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."

I think it is entirely reasonable to not give Musk the benefit of the doubt here. He has previously made some comments that were very friendly to Russia, and calling something "epic" is reasonable to interpret as a positive endorsement. It's entirely possible that Musk is just trolling here, but that is not an excuse and should not shield him from criticism for this comment.

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

#89

Earlier quoted context omitted.

Musk was very clearly mocking the propaganda tweet, not praising it. I wouldn't put much confidence in the predictions of someone who didn't realise that.

Only because of his follow-up tweet -- his first tweet ("Epic thread") was fully ambiguous. He knows better (after all, he owns the platform) so he's also willingly trolling by not being clearer. That said, the media response to it -- pumping his first tweet without clarifying by virtue of the second tweet -- is emblematic of everything wrong with our current news/media/social-media culture.

It wasn't ambiguous to anyone with a functional sense of humour. Have you read the predictions in the tweet he was replying to? They're utterly insane. The EU will collapse, Germany will form a Fourth Reich, France will go to war with the Fourth Reich!

In fact surely that's a parody account? How could anyone possibly think Musk genuinely agreed with it?

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

#90
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…

Tesla could go out of business or become a takeover candidate. Electric car subsidies are on the line in many cases in EU. And the coolness factor in contrast to other established brands was clearly damaged by Elno's escapades - and it's not getting any bette

> or become a takeover candidate.

Why tho? It’s not like they’re really good cars, the build quality is sub-par, as you note the brand has really suffered, the home-grown tech would be difficult to integrate, and the automation a liability.

The supercharger network seems like the major asset someone might be interested in.

And secondary would be a pretty strong software team as historic manufacturers have had a hard time taking that turn, but at the same time that would likely clash with the existing teams and practices so the benefit is not a sure thing.

Post reply on HN