Keep it going. Canada, you’re doing great.
So he can sell his and cash out first?
Nah. Tesla’s dead. Now we need to kill spacex
IF you have Tesla shares AND you waited for a sign to sell them all asap …
who would invest in a car that’s so susceptible to spontaneous combustion
And so attractive to molotovs
Hey now, there’s no need to be redundant.
I suppose that was the undertext… sorry, I’m great at ruining jokes 😂
when the CEO is begging shareholders “please don’t sell your stocks”, that is quite possibly the single biggest red flag for any company ever. That is “pull your money out yesterday” territory.
Yep.
Elon has NOT demonstrated ANY transparency THIS YEAR. Don’t listen to his words. Words are a “tool” that he uses to get what he wants, NOT what you want. He doesn’t think he is lying, it’s just business “management.” Lying is his way to help his business thrive. Perfectly normal…for him.
Perfectly normal for ALL Sociopathic Oligarchs. Lying, cheating, bad ethics, willingness to break the law, etc. are all considered valid business strategies these days. I’ve know many businesspeople who believe that.
Most businesspeople want to operate their businesses legally and ethically. People with morals and consciences wouldn’t be proud of having a successful business if it only got that way through nefarious behavior.
Unethical businesspeople know that, and look for honest businesses like that to exploit. They see their unethical and illegal behavior as a competitive advantage over their honest competitors. They know their opponents won’t cross a certain line, but they will, and they are actually excited to do it. They enjoy being dishonest, it makes them rich.
Charges of domestic terrorism against anyone selling his Tesla stocks in 3… 2… 1…
I may not know anything about the stock market, but I think this means everyone should sell their stocks.
I sold my Tesla stock long ago, before it crashed, because I wouldn’t support M-Rat.
Now I’m thinking of buying a share, only because I want to be in the inevitable class-action lawsuit that is absolutely coming, blaming Musk for recklessly and predictably tanking the stock price, and the Board of Directors for not taking action and removing him from his job when he went out of his mind.
Could just buy puts
Puts don’t get you into the class action lawsuit.
The protests won’t stop until the company is bankrupt. Sell em if you’ve got em.
Musks Tesla stock holdings make it so that even if he were kicked out as CEO, the company would continue to be viewed as his personal piggy bank, and likely continue to face backlash for the stuff Musk is doing. Him liquidating his stock position would crater the stock price. It’s pretty well cooked.
Yup, there is no way out of this now, and people know that. Even if there was a stock buyback, it’s not going to save it from certain death.
Even if there was a stock buyback,
This is just a different way to issue dividends.
Do you mean a management buyout?
But yes Tesla is cooked. The only way out is to remove the taint of Musk. Would mean the financial equivalent of Musk chopping 2 legs off. He doesn’t realise they are already full of gangrene.
Yes, I meant for internal stockholders to lessen the damage. Nothing they can do. I believe a large portion of their workforce was taking stock as compensation for a long time in lieu of cash, so this is just a harsh reality for them.
This is going to end funny
A short history of what happens to Presidents in Peru From 2000 to now.
Alberto Fujimori July 1990 to November 2000 (10 years +) Imprisoned, Corruption and crimes against humanity.
Valentin Panaigua November 2000 to July 2001 (9 months) Transitional President
Alejandro Toledo July 2001 to July 2006 (5 years) Extradited, money laundering, collusion.
Alan Garcia July 2006 to July 2011 (5 years) Suicide, accused of bribery and corruption.
Ollanta Humala July 2011 to July 2016 (5 years) Imprisoned, accused of bribery and corruption. That’s two Presidents in a row!
Pedro Kuczynski July 2016 to March 2018 (almost 2 years) Under House arrest, accused of bribery. At least there is no corruption (charges).
Martin Vizcarra March 2018 to November 2020 (2 ½ years +) Ousted in Coup. Accusations of moral competence.
Manuel Merino SIX DAYS (6 DAYS) Resigned due to protests and riots.
Francisco Sagasti November 2020 to July 2021 (9 months) Transitional President
Pedro Castillo July 2021 to December 2022 (1 ½ years) Detained. In custody, attempt to dissolve Congress.
Season 2025 of the second phase of earth is sooo facinating!
Tesla stock is way, way overvalued. If it were based completely on the company and its product, it would be 1/5 or 1/6 of its current market value. That hyped-up value was based on Musk being a benevolent leader into a progressive future of electric vehicles, continentally available charging, shared infrastructure, getting off fossil fuels, solar and alternative energy sources, etc, etc. However now that he has shown that he is actually a regressive, do anything for a buck to be the first trillionaire even if he kills the USA in the process, a**hole, why would Tesla stock stay overvalued? Especially as every new line of Teslas has more problems, with the latest cybertruck being fully recalled? Anyone not bailing now is likely to lose most of their value the longer they wait. The MAGAs that Musk now appeals to are never going to buy an EV and his former supporters that he stabbed in the back will go on to other EV providers.
That P/E ratio it has is crazy. It’s basically a meme stock. I think 1/5 to 1/6 is being very, very generous.
Selling high is good financial sense. I’m sure a business man as good as Musk would say that too.
Ketamine high.
Would he do the same for you?
SELL SELL SELL!
