He fuck around, and he’s now of the find out phase
I’m still not convinced that isn’t just insurance fraud to try to recoup some money for junky cars no one wants while pretending he’s a political victim.
Good luck getting that proven in a court
Does any of court even matter anymore when the president is in your back pocket?
Exactly
“Oh no, the consequences of my actions!”
😭🎻
https://www.marinelink.com/news/elon-musks-firm-buys-two-offshore-rigs-484690
https://www.npr.org/2024/09/11/nx-s1-5088134/elon-musk-ai-xai-supercomputer-memphis-pollution
🎻😭
I will say though, I’ve been suspicious he’s had long standing plans to just dump Tesla at some point in the near future anyway. I’m hopeful the point he was planning to jump ship and sell off his stock has gotten beyond his control and he can’t do it without majorly fucking himself over.
Aside from everything else he’s done to get deeply involved in the oil and gas industry, what made me really suspicious was when DOGE removed all EV charging stations from federal buildings for not being “mission critical.”
The best thing about this is that Tesla is massively overvalued. Like, the stock price is more than 20x what it should be based on Tesla’s earnings.
If Tesla had a reasonable value, then hedge fund managers and other rich people would probably be buying it while it was temporarily down and getting rich as it went back up. But, with it so insanely overvalued, it’s much more likely they’ll short it or buy put options and hope to get rich when it finally crashes.
Relatively speaking, Tesla is far less overvalued than in the past.
At one point their market cap exceeded every other automaker in the world COMBINED.
That might make sense if they were making unprecedented loads of money but of course they got trounced in sales compared to Toyota then and now.
Yes, it was at something like 30x overvalued, now it’s only 20x overvalued.
Glad you mentioned Toyota. Their P/E ratio is approximately 7. Tesla is approximately 100. If Tesla were a well run car company with a lot of good vehicles and an anonymous CEO who nobody hates, the fair value of their stock would be about $14 per share. It’s currently $236 per share.
Someone is going to make mountains of money shorting Tesla stock, but unfortunately it’s going to be someone rich. The market can remain irrational much longer than normal people can remain solvent. Some rich dude is going to take the risk though and make out like a bandit.
NOOOOO don’t look at P/E ratios (the auto sector has always had extraordinarily low P/E ratios) you have to look at relative PEG ratios!
At least that was the copium years ago. Now that their sales growth has petered out globally (even before all of the President Musk backlash) and China has free-money’d their way to a technological advantage for EVs I don’t even understand it anymore. The other automakers are either caught up or rapidly approaching and the thing I’ve been saying for years (PHEVs are superior to BEVs for most people) is being proven true.
Before I called it hysteria and FOMO and blind optimism but now I just don’t get it.
The funny thing is the first tweet was right, just wrong in his intention. I don’t see this ending without a civil war.
It’s what they want. They are gambling on it.
I think it’s what we want too at this point though.
Serious question, what are we meant to do with all the die-hard Trumpers? Like there are people who are willing to kill for him, people who have gladly sacrificed their relationships with their friends and family for him. Even in the absolute fantasy world where the U.S. gov could be fixed via electoralism, we’d still have about a third of the country that is hungry to kill the other 2/3rds.
At this point it looks like our options are either re-education camps, or bloodshed.
I think it’s a trap. I think liberal institutions need to actually unify and resources. Money talks. Nothing about that has changed. Buying out board seats within corporate media, flooding the zone with lawsuits, staging organized major protests around the country, continuing to press back on right wing controlled social media (e.g. Facebook and Twitter). Think of it like laying a sort of political and legal siege to slow them down and starve them out rather than giving them what they want. Will that work? I have no idea, but I know walking into a trap surely won’t.
I don’t understand how you guys down south are still asking this question? It’s obvious to us up in Canada, how is it not clear to you that you are ALSO and probably even moreso going through an existential threat. Get prepared, be ready, start that now. I know we are.
maybe because it would be nice to avoid having our entire country kill each other? Maybe because all the people who have been brainwashed by our right-wing propoganda centers don’t really deserve to die just because they were duped?
What, are we supposed to be happy that we’re rapidly heading towards the bloodiest conflict America has ever seen, just full speed ahead on death and destruction? You think it’s pointless to even try and care about the monumental loss of life?
Homie, you need to mentally prepare for the equivalent of what people went through during WWII.
As long as they don’t step into canada, all that will be waiting is a bullet and a disgraceful burial.
They are going to do it from within Canada, just like they’ve done elsewhere. That infection already exists in Canada. Just hope it doesn’t spread.
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If he thinks civil war is necessary but doesn’t think corporations will be casualties… then what does he define as civil war? Where less important things die? you know, those umm… soft gelatinous things. People, yes people are expendable.
This soft and gelatinous thing looks forward to a place to expend his umm, anger and frustration.
Common Sense Skeptic’s videos sure are fun to watch again.
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You know what’s horrific and evil? Cutting Medicaid and social security for millions of people because your billions of dollars isn’t enough money to make up for the fact that you’re a giant man baby.
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“Defending freedom” when we bomb <anyone>! Terrorism when they bomb us!
He assumed his opponents would kill random people instead of targeting his property.
He probably can’t even comprehend a worldview where people prefer to attack wealth over taking another human being’s life.
That would require empathy, which he considers a weakness. So he probably is genuinely baffled by this.
I don’t know if he consider that a weakness.
He’s a narcissist and it’s how they work, they just miss empathy and they can’t recognize their errors.
Do you understand what he means with suicidial empathy?
That Gaad professor shows how deep is the rabbit hole Musk fell in. It seems like he follows any idiot who’s is line with his own trip.
I was looking for someone saying this. He was envisioning a bunch of us poors fighting each other when he called for civil war. He never thought it would be all of us against him.
It really does show that violence might be the only way to get through to these people. Not that I would ever advocate for such a thing directly myself of course of course. But if this is the only thing that gets their attention, it seems like he’s inviting more of it.
Has he even said ‘Thank You’ ONCE yet??? So ungrateful…
And he’s not wearing a suit either
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When I look at myself in the first grade and I look at myself now, I’m basically the same. The temperament is not that different.
- Donald Trump
I’m not even joking.
https://theweek.com/speedreads/575962/donald-trump-tells-biographer-hes-same-now-first-grade
So, I had to look it up, and first grade in the US is children that are 6 to 7 year olds. Which means that oddly enough, Donald seems to have told something true in his biography.
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Yeah, that is actually, legitimately, terrifying. It also shows how insulated from reality these people are. They haven’t developed beyond being nasty schoolchildren becuase there was no impetus for them to.
I love that we have found a way to hurt him, keep it up.
Burning lithium batteries are explosive, toxic and released heavy metals.
There’s a limited supply of the materials for EVs and e-bikes but a huge value in replacing gas cars with these vehicles.
Burning these huge batteries harms people breathing the air in the area.
Is this fucking concern trolling?
hey what if we used trains with overhead wire instead? they’re better in basically every way, especially someplace relatively flat like vegas.
Yeah I absolutely love the video made by some guy, I forget his name, but it basically lambasted the “Tesla tunnel” in Vegas because for the same amount of money or even less they could have built an actual Subway train.
over a longer distance with more capacity more safety less maintenance cost and probably prettier.
Probably “Adam Something”
Yep that’s the one.
name a media person born after 1975who doesn’t know what his cock tastes like, and they have made a version of that video.
Yeah, it’d be better just to cease their purchase and let them sit, completely useless. A burnt car gets an insurance payout. What about throwing those giant stickers on the windshield that don’t peel off without ripping and leave a ridiculous mess? There was a Russian YouTube channel where people would do that to people driving on sidewalks.
Bonus money and business for car detailers? Lol
I would agree normally, but at a larger scale, it would cost insurance more to replace everything leading to higher rates and possibly refusal of insurance due to the risk associated.
Their rates are already skyrocketing
throwing those giant stickers on the windshield that don’t peel off without ripping
I read that in snowcrash, didn’t know it was a real thing.
I thought Teslas (or maybe just the Cyber truck?) wasn’t insurable. I thought that was the whole reason Tesla has to offer car insurance, because regular insurers won’t cover them.
Yeah, maybe. I didn’t know that was a thing, but I believe it
Waaah, waaaah, waaah…!
Time and place
Fair point
More chemicals than a SpaceX launch?
We can be concerned about harm of all scales, not only there greatest harms.
And it’s priorities like that is how we end up with paper straws and electric cars grinding up more microplastics from their tires that we inhale.
Personally i think the level of violence could be a little higher still… Or way higher! Burning megafactories levels of higher.
Well, civil war levels of violence would be higher. Are you saying Elon was right lol?
“A sufficiently broken clock can randomly be right an arbitrary number of times per day”.
If it happens to a poor defenseless megafactory outside the US is it still civil war?
