Plus yeah he's a god damn nazi in the sense that all nazi supporters and accomplices are
Elon Musk: Force for anthropic advancement or self-serving con-artist?
- Thread starter Kyriakos
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Zardnaar
Deity
Actually, the Nazis built better cars than Elon Musk
They could go from Berlin to Warsaw on one tank.
Why would the shareholders stand for that? If they're not getting kickbacks, why even own the shares in the first place?
But not to Stalingrad on 10,000.
Some investors are attracted to companies that offer quite volatile and sometimes very unpredictable share price highs and lows. Buy for $100 this month, sell for $150 next month. Tesla Motors fitted that characteristic through the 2010s, a bit similar to crypto.
So, they accept there's no dividend payouts (unless you're Elon or an executive) to the investors, believing they can profit of the volatility of the share prices instead, often in the short term.
He is even in a position to fine-tune any EV tariffs so Tesla squeaks by and his weaker US competitors get wrecked.
Same with EV subsidies from federal government and emissions standards.
Just has to keep kissing butt.
Well, he might be preparing to buy back in for less after his brother's shenanigans make the share price tumble. Apparently Trump would be about to slash a five-milliard-dollar subsidy for electric vehicles, but Musk's been YOLOing it for a long time.Elon Musk's Brother Unloads Tesla Stock At A Key Juncture
Chief Executive Elon Musk's brother, Kimbal Musk, who is a Tesla board member, sold 27 million worth of Tesla stock on Thursday, according to regulatory filings. That comes as TSLA stock has retreated in recent days to a critical juncture.
Kimbal Musk sold 75,000 TSLA shares for an estimated $27.59 million on Feb. 6, according to SEC filings late on Thursday. This is the first time Kimbal Musk has sold in three months.
https://www.investors.com/news/tesla-stock
Does he know something that the markets don't know yet?
Don't answer the door if any strangers come a-knockin'.
Plains-Cow
Best Resource; Always Wins
Maybe he is just very aware of Tesla soon losing most of its worth. This can happen even instantly - eg if Trump decides to cancel credits for not using petrol etc in cars, which would prevent Tesla from selling its own credits to other (non-electric) companies.
Tesla is so massively overvalued compared to its assets and production capabilities, that it will go down - only question is when.
Tesla is so massively overvalued compared to its assets and production capabilities, that it will go down - only question is when.
Lexicus
Deity
So are all things AI
One difference is that Ai can still be hyped.
Musk's Tesla sportscar in orbit around the sun with its mannequin driver. It has been in orbit since Feb. 2018
Or maybe it is just that bitcoin and related practices of only-speculation belong to one generation younger and onwards?
Only-speculation=>next to no care about actual value of the company as you are only trying to make an instant gain and sell.
Naturally there have been gamblers since forever, but perhaps the phenomenon in trading became a lot more common with bitcoin etc, bleeding into buying stock like Tesla etc.
Every generation for the past few hundred or so years had its get rich quick schemes. Technology has just changed the nature of what "quick" means.
Angst
Rambling and inconsistent
ok so this sounded like another "elon buys something for way over price and plummets his wallet" to me, but looking up openai, apparently valued at 80 billion, so it's not an unreasonable markup
still it will be bad yea
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