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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

#181

Post by antasvara »

asfgionio2346 wrote: post #52

I find myself confused about the purpose of stock markets. How can we arrange our society around a system that is so massively irrational? A few years ago Tesla was worth as much as the rest of the car industry put together . Even if you believed Tesla was going to become a perfect monopoly, its valuation still would not have been justified. Now people are acting like the sky is falling when this pipsqueak manufactur…

Tesla isn't only a car company. They also have a lot of technology related to clean energy, along with the self driving technology they are creating.

The bull case isn't "Tesla becomes a monopoly in automobiles." The bull case is "Tesla becomes a car monopoly, monopolizes self driving, creates a great semi truck, has solar panels on half of the buildings in the US, and supplies battery technology to every clean energy producer globally."

Now, does that justify the valuation? Probably not. But it certainly raises the ceiling on Tesla's valuation. I don't think it's an apples to apples comparison between Tesla and other auto manufacturers.

The discount on Twitter stock is related to the likelihood of a deal closing, compared to the market's perceived value of Twitter stock were the deal to fall through. If you think there is a less than 100% chance of the deal closing, the only sensible thing to do would be to price that in.

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

#182

Post by isitmadeofglass »

asfgionio2346 wrote: post #52

I find myself confused about the purpose of stock markets. How can we arrange our society around a system that is so massively irrational? A few years ago Tesla was worth as much as the rest of the car industry put together . Even if you believed Tesla was going to become a perfect monopoly, its valuation still would not have been justified. Now people are acting like the sky is falling when this pipsqueak manufactur…

[dead]

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

#183

Post by aniken »

panick21_ wrote: post #53
lkrubner wrote: post #16

"Tesla has plummeted 56.5% over the past three months through Friday, while the S&P 500 has gained 5.4%" Much of Tesla's value was propped up by the personal brand of Elon Musk. And he has done significant damage to that brand, over the last few months, as he's courted a far-right extremist following. That has changed how most people look at him. Certainly many of the people who buy Tesla's are a bit left-of-center,…

Musk simply never thought in terms of the 5D chess that people always accussed him off. He was always just basically saying what he believed. On this free speech issue he simply had logiced himself into incoherent tangle.

Reminds me of the plot in the movie Being There, an absolute classic and highly recommended for anyone who has not see it:

https://www.imdb.com/title/tt0078841/

It’s deeply philosophical, simple, and humorous at the same time.

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

#184

Post by jacquesm »

astrange wrote: post #57
kylecordes wrote: post #29

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…

Elon doesn't exactly tweet like a rational logical being at the moment. It seemed to me he was praising the tweet because it mentioned him and said he was going to be president of the US (or something like that) so he thought it was cool. Then he just snuck back in and denounced it later when he remembered he has a security clearance. He's already taken calls with Putin and randomly decided to announce Ukraine should…

I don't have a security clearance but one day in the middle of the night I accidentally ended up at the Belarus/Polish border due to a faulty bit of navigation software (Thanks, TomTom). I'm pretty sure that that had absolutely no effect whatsoever (I had no visum anyway and it's not like you just waltz across that border, nor did I want to) but at the same time if I would have a security clearance I'm fairly sure that there would have been some effect. When you are operating at that level you should be a lot more careful about who you are buddies with and where you visit lest someone decides that maybe it is time that you lost that clearance.

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

#185

Post by jacquesm »

thordenmark wrote: post #150
astrange wrote: post #57

Earlier quoted context omitted.

Elon doesn't exactly tweet like a rational logical being at the moment. It seemed to me he was praising the tweet because it mentioned him and said he was going to be president of the US (or something like that) so he thought it was cool. Then he just snuck back in and denounced it later when he remembered he has a security clearance. He's already taken calls with Putin and randomly decided to announce Ukraine should…

He thinks he's being funny, and his opponents and critics have no humor.

Maybe Elon doesn't think his stock dropping from $300 to $113 in less than six months is funny. Or maybe he doesn't have a sense of humor either...

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

#186

Post by lottin »

scifibestfi wrote: post #174
lottin wrote: post #141

Earlier quoted context omitted.

"Pushing for peace" doesn't mean anything. It could mean to push for an unconditional surrender of Ukraine, or for an unconditional withdrawal of Russian troops, or anything in between. The fact that you use this phrase along with the term "regime" tells me that you're a either a Russian propagandist or a someone who has been misled by Russian propaganda.

It means that you're working to find a peaceful solution. It's no different from people who opposed the Afghanistan and Vietnam wars and pushed for peace. People who oppose war were discredited by the regime then and they are being discreted today. News at 11.

Yes, because they don't oppose war, they oppose a Ukranian victory. And by doing that they basically discredit themselves.

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

#188

Post by jacquesm »

the_snooze wrote: post #41
Robotbeat wrote: post #19

Earlier quoted context omitted.

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…)

If he wants to joke, he should give up the CEO's office for a clown gig.

And then he can use as much drugs as he wants without it introducing new and interesting avenues for geopolitical instability.

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

#189

Post by Robotbeat »

krapp wrote: post #180
zajio1am wrote: post #171

Earlier quoted context omitted.

Well, by Popehat's Law of Goats, Jonathan Swift is just cannibal apologist ...

No, because Jonathan Swift wasn't actually eating people in the service of satire. "Goat fuckers" actually fuck goats even when they do so "ironically." If you spread Russian propaganda for the lulz you're still spreading Russian propaganda.

Are people who quote-tweet Musk tweets to dunk on them spreading Musk propaganda? “Satire is bad because it spreads the thing being satired” is a fun take, but no one in the media seriously believes it enough to be consistent about it.

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

#190

Post by newZWhoDis »

coolbreezetft22 wrote: post #106
scifibestfi wrote: post #66

Earlier quoted context omitted.

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.

Except that isn’t what he said.

He said the people in those regions should be able to decide which country they want to be part of and that the result should be enforced/respected by both sides.

It’s a stupid opinion, but he didn’t say what you said he did.

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