Well, I think it can go lower. Much lower.
I don’t believe you. PROVE IT!!!
I think we can all prove it together.
Whats crazy is that even after losing more than half its value recently, it still has a PE ratio of around 128. Lol Can’t wait for the earnings to be released in April for the real bloodbath to start. Would be hilarious if it drops so much that FElon get’s margin called 😂
They will weasel out somehow.
We will hear an immediate news bulletin that all post office vehicles will be model Ys or something like that.
If you default on your mortgage, you’ve got a problem. If you default on Twitter, the bank has a problem
Aljazeera | How Elon Musk funded his $44bn Twitter takeover
A curious read, seems he spent $27bn in cash on the transaction - so he ‘only’ has loans on ~$17bn, across a swathe of investment groups, wealth funds and banks. Basically, I don’t think a margin call is imminent.
Which is a bit of a shame, as it would be somewhat hilarious to see it fall into the hands of a bank like Chase - being such a toxic asset at this point, to know whether they’d try to salvage/pivot it (ideal, but unlikely) - or just sell it on and write off the loss.
He rigged up the Twitter purchase so the debt would fall on Twitter if it fails, not him.
That would be wild lol. Trump has a storied history of turning on people who expend their usefulness to him, and often viciously. Many of the things that prop Musk up now can switch and work against him.
Those are rookie numbers… I hope see it drop to its pre-pandemic valuation over the next year 📉
Why stop there? Let’s see how low it can go.
Time for a game of limbo.
This is the best news I have heard in the US in like a year.
Oh noes
Up 25% from a year ago nevertheless.
Yeah, but this time investors might actively start dumping shares, because teslas stock was already ridiculously over inflated and their sales are now starting to decline and the legacy automakers are catching up, while the chinese curb stomped tesla already
My dad was invested in Tesla and i convinced him to sell with this one simple truth
There is very little overlap in the venn diagram of people who would buy teslas and the people who think what musk is doing is good.
he is seriously pissing off his customer base
Boycotts are working. May it continue.
We are just getting started…
Steepest drop in 5 years, so far…
Too lazy to make the meme. But y’all know
I wonder what crisis they’re going to create to distract, dismiss or deny that this is happening
“Trans immigrants are forcing dogs to transition to match their owners’ gender and then they’re eating them and it’s happening in every blue state and tariffs are the only way to fight it”
Many people are saying. Just like turning mice transgender. It’s just incredible.
THEY’RE DE-PEEPEE’ING THE PETS!!!
THeY’rE USinG TRaNs COcKs iN ChICkEn FIgHtS!!!
Someone bring hotdogs and marshmallows for this dumpster fire.
I too love industrial carcinogens in my food
All because you thought he made a Nazi salute and he’s working with Trump.
No other valid reason. Wild and pathetic.
If it wasn’t a nazi salute, then why won’t any other right-wing politicians, commentators, or pundits do it?
They have been challenged to, and they all skirt around it.
They claim it was a different gesture, along the lines of “giving my heart to you,” but then won’t do the actual gesture.
Charlie kirks’ attempt to write off the obvious nazi salute was especially funny:
It’s not even close… not even close…
They won’t do it because they all know what it was. They know its wrong. They know only elon would get away with it (and possibly trump) because they are the leaders of the cult.
The only other person who did it (weakly, as far as i know, and almost didn’t do it) is this guy:
It was so awkward. He even had to give a little nod to himself afterwards when it didn’t go down badly, as if he was sighing in relief.
It’s pathetic that people try to defend it. It is obvious what it was.
There was that time he called a rescue diver a pedo because he wasn’t allowed to use his unsafe sub. Oh, and his blatant takeover of the government.
Can you show me data to justify TSLA for even trading at as high a price as it has considering it’s assets, quality control, competition, product launch failures, etc?
As far as I’m concerned, it’s BEEN overvalued to hell just on the back of Elon Musk’s name. So why can’t it swing back the other way for the same reason?
I didn’t think he did. I saw him do it. We all did.
deleted by creator
I tried to buy at - 12% but market wanted - 15% today… Sold and switched to Nvidia. :)
Nvidia have quality products, tons of money and doesnt have an insane person in charge, so…
This isn’t wallstreetbets - are you lost or just offering the worst possible investing advice for fun?
Are you trying to lose money?
Nvidia have quality products
Missing ROPs have entered the chat
Edit: and melted power connectors
I think you still fucked up. AI about to pop too.
I hear buggy whips are on the upswing.
