I believe Musk’s actions are harming Tesla’s stock price

  • Thread starter Thread starter Callatoroy
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Callatoroy said:
That’s actually a good point. Not suggesting they fire him but imo his DOGE actions clearly impact the stock price. As the CEO I’m thinking the law would require him to take a fiduciary position and not take on controversial side gigs that harm the stock price.
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Maybe they should ask him, in any email, to list 5 accomplishments from this past week that helped the company.
 
1moretimeagain said:
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Uh oh! Looks like Pa Paw and Mee Maw are going to hitting up the local Tesla dealerships here in the next week or so. You'll see those freshly purchased Teslas all parked in a row at the Hardees/Bojangles at 6AM in short fashion. Uncle Terry already traded in his Silverado for a Cybertruck. They couldn't paint it like the General Lee, but they recommended a place a couple counties over that will be glad to wrap it for him for the right price.
 
nycfan said:

Bondi, citing ‘domestic terrorism,’ announces charges for Tesla attacks​

Tesla CEO Elon Musk has faced a backlash for DOGE’s moves to cut down the size of the federal government.

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“…
“Let this be a warning: if you join this wave of domestic terrorism against Tesla properties, the Department of Justice will put you behind bars,” Bondi said in a press release on Thursday.
Widespread protests outside Tesla showrooms have broken out across the country to decry the moves by DOGE to ax agencies and institute mass layoffs.

Many have been peaceful, but there have also been instances of vandalism and complete destruction of cars.

The Department of Justice did not announce the names of those charged. The Justice Department alleged one defendant threw eight Molotov cocktails at a dealership in Salem, Oregon; another “attempted to light Teslas on fire” with Molotov cocktails in Loveland, Colorado.; and a third in Charleston, South Carolina, “wrote profane messages against President Trump around Tesla charging stations before lighting the charging stations on fire.” …”
 
I have one that I bought before he went full nazi. Whether you like him or not they are great vehicles, and the 3 and Y are very affordable for what they are. I'm not exactly proud to be driving around in a nazimobile but at the end of the day the product is good, which is way more than I can say for my cool looking but totally unreliable Wrangler. If he steps back from his current craziness, which I think he will for myriad reasons, all will be forgotten within a year or so and the stock will recover. Others may be catching up but it's still a superior product at a better price than any other EV.
 
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LosPollosHermanos said:
I have one that I bought before he went full nazi. Whether you like him or not they are great vehicles, and the 3 and Y are very affordable for what they are. I'm not exactly proud to be driving around in a nazimobile but at the end of the day the product is good, which is way more than I can say for my cool looking but totally unreliable Wrangler. If he steps back from his current craziness, which I think he will for myriad reasons, all will be forgotten within a year or so and the stock will recover. Others may be catching up but it's still a superior product at a better price than any other EV.
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He is the crazy. There's no going back.
 
LosPollosHermanos said:
I have one that I bought before he went full nazi. Whether you like him or not they are great vehicles, and the 3 and Y are very affordable for what they are. I'm not exactly proud to be driving around in a nazimobile but at the end of the day the product is good, which is way more than I can say for my cool looking but totally unreliable Wrangler. If he steps back from his current craziness, which I think he will for myriad reasons, all will be forgotten within a year or so and the stock will recover. Others may be catching up but it's still a superior product at a better price than any other EV.
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All will not be forgotten and the stock will not recover. He has done to Tesla and Twitter what Mike Lindell did to MyPillow.
 
ZenMode said:
www.ft.com

Elon Musk’s X obtains $44bn valuation in sharp turnaround

Social media site was valued at less than $10bn in September
www.ft.com www.ft.com

If you don't subscribe to FT.com:

www.theguardian.com

Value of Elon Musk’s X ‘rebounds to $44bn purchase price’

Dramatic reversal of fortune for platform since billionaire owner became key ally of Donald Trump
www.theguardian.com www.theguardian.com
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Those valuations are based on an EBIDTA provided by Musk himself and not able to be verified in any manner. That number suspiciously matches what Twitter was doing prior to his acquisition of it.

They don't have the advertising money...we know that. So where's the money coming from? It isn't. Thats the plain answer. The income statement is totally a lie by Musk and the valuation based on it is as much of a farce as everything else he does.

Meanwhile...

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ZenMode said:
A recent valuation of X shows it's worth 44 billion, which is what he paid for it.
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Where did you read that? Everything I've read has it around 12-15 billion. I've read articles and opinions comparing this to the housing bubble for bank risk.

Of course I expect this from you. Is Tesla also not loosing value as everyone is saying?
 
wmheel1287 said:
Those valuations are based on an EBIDTA provided by Musk himself and not able to be verified in any manner. That number suspiciously matches what Twitter was doing prior to his acquisition of it.

They don't have the advertising money...we know that. So where's the money coming from? It isn't. Thats the plain answer. The income statement is totally a lie by Musk and the valuation based on it is as much of a farce as everything else he does.

Meanwhile...

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I'll take your word for it.
 
Tesla protestors would have been better off laying low. Sales were already in the tank due to Elon backlash. He gets plenty of coverage, the protesters weren’t needed to draw attention to the subject, but they are effective in generating backlash to the backlash.
 
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