This is a most excellent place for technology news and articles.
I predicted this after his reputation fully tanked when he went full MAGA/ DOGE. Every earnings report is going to depress the stock price more and more, until the floor just falls out, and it collapses.
Tesla is NEVER coming back. It will be bankrupt in 3 years.
People said the same after he did the nazi salute. You guys don't learn.
The nazi salute is the same time they're talking about though...
And the stock is starting to tank, because the earnings are shit, but they've been way below it's valuation for ages
I would rather walk than buy a tesla
In two weeks when SPCX employees can sell, please let them cash out and resign as hard as possible. They're reasonable intelligent people who know the promises are science fantasy, so this is a plausible scenario. Then, as investors lose faith, Tesla enters true freefall right as fElon tries to leverage his shares to float SPCX. Let this Icarus of Grift come spiraling down so we never have to hear about him or his cultists again.
Looking at short term with stocks is never the right thing to do. Stocks go up and down every day.
You should always look at 1Y and 5Y and as we see for Tesla, that's ..... oh.
Nevermind.
No earnings you say...
Pinksheets you say...
The stans will prop it back up.
Why are Hank and Dale coming back from a Costco trip? Like don't get me wrong I could totally see both of them going to Costco and Dale getting into some hijinx with their rotisserie chicken or something, but like why?
It's still way over valued
Yep. 10x. Should be 30$
Overvalued garbage tends to do that
Given how the modern day stock market works, does it really matter? I’m sure most of us get elated when a headline like this floats around, but unfortunately Tesla is not going anywhere anytime soon.
And why do we give a shit about a white supremacist's car company again?
Nobody wants to buy a car from a car company that only wants to build robots in the future.
I bought an EV recently, and Ive been asked a few times why I didn't get a Tesla. There's a wide range of reasons but the one that's the most fun to say is "I wanted a car made by a real car company".
My go to us "I don't support pedophiles"
Nazi pedophiles at that!
I might try that next time
Oof, 1 year of gains wiped out
Oof.
I sold my shares years ago, when Musk started to show his first signs of becoming radicalized. Looks like it was a pretty good call.
Unfortunately there are still some worshippers of his, even low key ones.
This really perplexes me. Maybe I'm kind of in a bubble.
I'm convinced half of them just aren't paying attention. You would be surprised how easy it is to just.... Not know what is going on.
Yet somehow the asshole is a trillionaire. That don't sit right with me. tf is going on
Subsidized government contracts
Not anymore.
Thanks to the freefalling stock.
