Please please let this also be the start of the AI bubble popping finally!
So it would be doing well if it wasn’t pissing money away on AI?
I predicted this after his reputation fully tanked when he went full MAGA/ DOGE. Every earnings report is going to depress the stock price more and more, until the floor just falls out, and it collapses.
Tesla is NEVER coming back. It will be bankrupt in 3 years.
People said the same after he did the nazi salute. You guys don’t learn.
The nazi salute is the same time they’re talking about though…
And the stock is starting to tank, because the earnings are shit, but they’ve been way below it’s valuation for ages
You guys? As in… Who?
Cause it’s not like there’s some magic place that’s doing a great job holding him accountable.
Thinking anywhere is immune from fascism is exactly how it spreads.
People don’t even read. They have record sales right now, the issue isn’t that people aren’t buying their cars.
The reason for the tank is because of how much money Tesla is spending on expansion; robotaxi rollout, data centers, and Optimus are sucking up short term funds in seeking out long term profits. Investors and the stock market hate this, but it’s nothing more than a temporary blip.
Right but those are all speculative, and unlikely to ever turn a profit. Optimus is a charade.
If those ventures fail, they cut their losses and fall back on their cars which are doing wildly well and it’s back to business as usual. They have like 1.5 million active FSD users, nearly half of which are paying a monthly $99. They just added 200,000 more this quarter alone.
Don’t get me wrong, fuck Tesla, I wish to see Elon destitute and miserable. But it’s just not realistic, in my opinion.
My heart bleeds.
The stans will prop it back up.
Why are Hank and Dale coming back from a Costco trip? Like don’t get me wrong I could totally see both of them going to Costco and Dale getting into some hijinx with their rotisserie chicken or something, but like why?
Neither of these men would go to Costco. Dale because they require membership with a photo ID and he doesn’t want to be tracked, Hank because it’s essentially collective bargaining with manufacturers and that’s Communism. (Peggy would absolutely love it, Bobby is excited by all the free samples, and Hank might be swayed by the end of the episode because of the principled stance on what things “ought to cost”.)
ETA: Rusty Shackleford might go to Costco.
It’s still way over valued
Yep. 10x. Should be 30$
Overvalued garbage tends to do that
Given how the modern day stock market works, does it really matter? I’m sure most of us get elated when a headline like this floats around, but unfortunately Tesla is not going anywhere anytime soon.
Yeah… it sure seems like bubbles just… don’t pop anymore.
Turns out the market can stay irrational FOREVER.
Nobody wants to buy a car from a car company that only wants to build robots in the future.
I bought an EV recently, and Ive been asked a few times why I didn’t get a Tesla. There’s a wide range of reasons but the one that’s the most fun to say is “I wanted a car made by a real car company”.
My go to us “I don’t support pedophiles”
I might try that next time
Tell that to my cousin. He just bought his 3rd…
Oof.
I sold my shares years ago, when Musk started to show his first signs of becoming radicalized. Looks like it was a pretty good call.
Unfortunately there are still some worshippers of his, even low key ones.
I’m convinced half of them just aren’t paying attention. You would be surprised how easy it is to just… Not know what is going on.
This really perplexes me. Maybe I’m kind of in a bubble.
Oof, 1 year of gains wiped out
Yet somehow the asshole is a trillionaire. That don’t sit right with me. tf is going on
Subsidized government contracts
Not anymore.
Thanks to the freefalling stock.
Not for long if this keeps plunging!
I no longer trust reported numbers now that the “system” has been grossly manipulated by cheats and scoundrels in power. I still smirk and shake my head at and teslars driving past me on the street though.
I no longer trust reported numbers now that the “system” has been grossly manipulated by cheats and scoundrels in power
🌏🧑🚀🔫🧑🚀
Musk = POS Nazi.
Didn’t you read the headline? It’s in FREEFALL. It’s been SLAMMMED.
/s
