The Tesla, last I read about and test drove one, is a great car. Why tear at a company that makes a great car over anyone's political preferences? The phrase "shooting oneself in the foot" comes to mind. It makes no sense whatsoever.
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Tesla Hate Is Making Insurance More Expensive for Owners
51–60 of 229 posts
Re: Tesla Hate Is Making Insurance More Expensive for Owners
#52Earlier quoted context omitted.
The whole point is new buyers.. People are protesting Musk. Something like 75% of Musk's current wealth comes from Tesla stock. Tesla stock is going down.. so it is helping the cause
Also the stock was effectively a meme stock. So now the jig is up, the stock deflates like no other.
That's the funny thing here.
In case of Musk, if those protests work and as you say 'the jig is up', he can go from the richest man on earth to bankrupt in a space of months.
He is very 'cash poor' and has pledged a lot of Tesla shares as collateral to fund his other businesses.
If Tesla is priced as an automaker (shares would be in the ±10-20$), Musk will be bankrupt.
Re: Tesla Hate Is Making Insurance More Expensive for Owners
#53The Tesla, last I read about and test drove one, is a great car. Why tear at a company that makes a great car over anyone's political preferences? The phrase "shooting oneself in the foot" comes to mind. It makes no sense whatsoever.
>Why tear at a company that makes a great car over anyone's political preferences?
With how our society is set up, you are suggesting not holding any political viewpoints or preferences.
I had a whole diatribe typed up that I deleted because I realized I cannot actually empathize or have a theory of mind for how you could think this was an acceptable way to live life. Do you silo every interaction you have with everyone else?
Re: Tesla Hate Is Making Insurance More Expensive for Owners
#54Might effect new buyers decisions I guess, but since about 99% of Tesla's were sold to green, left-leaning buyers, before the Elon hate-fest, I am not sure how targeting that group of people for your hatred is helping any "cause".
It's clearly intended to impact new buyers. Most of Musk's wealth is tied up in Tesla, and that funding allowed him to both buy an election and -- gestures broadly -- demonstrate convincingly that he is an absolutely reprehensible, garbage-bin of a human.
The rich used to start ivy leagues and build libraries. This guy is cutting off funding for the poor and declaring himself, proudly, a "deadly threat" to people he perceives as "woke".
And the "99%" thing is pretty dubious regardless. Elon Musk has been a garbage person for years. A self-dealing creep. >80% of Tesla sales have happened over the past four years.
And of the people I know with Teslas, zero of them are "green, left-leaning" buyers. They're people who wanted the novelty with the crazy acceleration and the boasting tech. I feel like this "leftist car" thing was never, ever true for the brand. And if it was sales would have been 0 for the past six years or so, but there are an endless rank of daytraders and crypto bros who need their Teslas.
Re: Tesla Hate Is Making Insurance More Expensive for Owners
#55go tesla go broke doesn't quite have the same ring to it.
Go fash lose cash?
Re: Tesla Hate Is Making Insurance More Expensive for Owners
#56Re: Tesla Hate Is Making Insurance More Expensive for Owners
#57Earlier quoted context omitted.
Trump did literally say during that event that attacking Tesla showrooms was domestic terrorism.
It is unequivocally terrorism to participate in violence against civilians with the aim of causing political change. And it's domestic because it's here. It's definitionally correct.
It is not definitionally correct because when you or I say "domestic terrorism", despite being the same text and same sound, it is not the same as when the administration says "domestic terrorism". All they're saying is that they care to stop people damaging tesla's. Not that they are going to be stopping the dictionary definition of "domestic terrorist"
Re: Tesla Hate Is Making Insurance More Expensive for Owners
#58Earlier quoted context omitted.
As of December 31st, 2024, Tesla has around $17b in cash and cash equivalents, $122b in assets, and $49b in liabilities It doesn't seem likely the government will have to bail them out.
Musk has just appealed the rescinding of his $56B pay deal. Where would Tesla be were he to get a more favourable ruling this time?
The company would have more cash in the bank when he exercises those options.
They also wouldn't have to pay to create a new pay package to replace the voided one. This process is surprisingly expensive to create and implement a CEO pay package.
There were more reasons that shareholders voted for the package in the revote, but omitting others as I don't think they are related to financials
Re: Tesla Hate Is Making Insurance More Expensive for Owners
#59Might effect new buyers decisions I guess, but since about 99% of Tesla's were sold to green, left-leaning buyers, before the Elon hate-fest, I am not sure how targeting that group of people for your hatred is helping any "cause".
>99% of Tesla's were sold to green, left-leaning buyers
source
Re: Tesla Hate Is Making Insurance More Expensive for Owners
#60Might effect new buyers decisions I guess, but since about 99% of Tesla's were sold to green, left-leaning buyers, before the Elon hate-fest, I am not sure how targeting that group of people for your hatred is helping any "cause".
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Most people are not plugged into reddit and social media politics the way we are, and simply don't care.