Earlier quoted context omitted.
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Tesla went past the value of the entire auto industry before Biden entered office.
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Tesla stock falls again, toward longest losing streak in more than 4 years
101–110 of 387 posts
Re: Tesla stock falls again, toward longest losing streak in more than 4 years
#102Earlier quoted context omitted.
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
It is when life isn't serious to you, the rest of the world are NPCs in your personal video game and no matter how bad you fuck up you're set for life.
Re: Tesla stock falls again, toward longest losing streak in more than 4 years
#103Earlier quoted context omitted.
Funny enough I think it's actually undervalued now. Tesla has bought up all the mining rights for the minerals required to ramp up battery production and will likely be the only EV manufacturer that's not supply constrained for the next decade. I'm still not bought in yet, probably a lot more room for it to crater.
> Tesla has bought up all the mining rights for the minerals required to ramp up battery production Source?
I have to say, I didn't realize how strong Hydrogen powered vehicles are right now in development. That could be a legit competitor soon if they work out some of the smaller kinks and develop a fueling network. Literally zero fueling time, much less lithium in the manufacturing process and a closer feel to traditional ICE.
Re: Tesla stock falls again, toward longest losing streak in more than 4 years
#104From 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…
“It was just a prank, bro.”
That’s the intellectual level we strive for?
Re: Tesla stock falls again, toward longest losing streak in more than 4 years
#105Earlier quoted context omitted.
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
It feels to me that there's something of a Motte-and-Bailey going on in these discussions. It proceeds like this:
Arguer: Musk is a pro-Russian asset who praised a Twitter thread in which a Russian government official predicted the fall of the West!
Respondent: That was trolling/sarcasm which Musk made clear in a subsequent tweet, if it wasn't already obvious.
Arguer: I just don't think CEOs of major companies should engage in trolling, especially about serious political topics!
Re: Tesla stock falls again, toward longest losing streak in more than 4 years
#106Earlier quoted context omitted.
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.
He pushed for Ukrainian territory to be formally ceded to Russia after they occupied it by force and violence. His "peace plan" was then enthusiastically praised by Kremlin propaganda.
It seems his push for peace is always one sided in that all his ridiculous plans end with Russia being rewarded for aggression and Ukraine losing territory.
Re: Tesla stock falls again, toward longest losing streak in more than 4 years
#107I can’t be the only one who is rubbed in a very bad way by Musks moronic tweets. The Mad King’s Twitter behaviour seem more and more trumpesque.
I ask myself if there actually was an information warfare operation underway, how different would it look?
That is a valid question. I wished it wasn't. But here we are. I think that unless someone in the know spills the beans (with proof) this is going to be extremely difficult to determine.
Re: Tesla stock falls again, toward longest losing streak in more than 4 years
#108From 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
I'd bet against that. Tesla is flush with cash, zero debt, and growing revenue annually more that most Fortune 100 companies. They are very profitable without any subsidies and still have a 28% profit margin on the cars they sell
Re: Tesla stock falls again, toward longest losing streak in more than 4 years
#109Earlier quoted context omitted.
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
It feels to me that there's something of a Motte-and-Bailey going on in these discussions. It proceeds like this: Arguer: Musk is a pro-Russian asset who praised a Twitter thread in which a Russian government official predicted the fall of the West! Respondent: That was trolling/sarcasm which Musk made clear in a subsequent tweet, if it wasn't already obvious. Arguer: I just don't think CEOs of major companies should…
I never claimed Musk is a Russian asset - the market is signalling how it feels about Musk. I’m just suggesting that the kind of edgy ambiguity that lands with teens doesn’t tend to land with portfolio managers, as we are seeing. Obviously anyone who reads his 4 hour later follow up tweet knows he meant for the original tweets to be read as sarcastic. But it doesn’t change that it signals immaturity and instability in the c suite. You can disagree, but this is just not a motte and bailey situation, since I never made the original grand claim. And, for what it’s worth, I don’t think Musk is an asset at the heart of a big conspiracy. I think the truth is so much more banal than that - he’s just an impulsive guy surrounded by sycophants.
Re: Tesla stock falls again, toward longest losing streak in more than 4 years
#110Earlier quoted context omitted.
(a) isn't even remotely true. They paused production in Shanghai on a few lines to upgrade them to the new Model 3 and Y. Brianna Wu is a permabear who pretends to be a journalist and spreads disinfo without verifying.
Yea, the predictions of someone driven by passion (in this case, a passionate dislike of Musk it appears) probably aren't great in general. But, below $100 seems reasonable - the stock could still be considered 'overpriced' in the current market (at least by P/E).
Very true, but it's also still hard to find anything in the S&P 500 that is not overpriced according to P/E values.