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A month or two ago it was reported he is looking for a new CEO for tesla. Ever since the stock has gone down (much more than other mega cap tech). A week ago in tweet he said Tesla and the space company don’t need much from him, they have good teams.
Can you imagine the day a new CEO is rumored or announced? 15% down day. |
Since Elon appears to be mentally ill, a new CEO would be a good thing for the company. |
| Another 8% today. Ouch. Better get out while you still can. |
My next car will be another ICE vehicle. With everyone rushing towards the EV option, ICEs will only drop in value and so will gas. Until EVs come down to a comparable price point to ICE cars and the charging network is widely available, I don't see a reason to switch. That sweet spot is likely 10 years away. However, a hybrid may not be a bad option as you suggest. However, you are stuck with dealing with two systems with associated maintenance overhead. |
Totota hybrid will be leaps and bounds better reliability than TSLA |
I don't know. I have a 2017 Toyota and I just had to replace an axle on it. It has 35,000 miles on it. Didn't expect that. |
What do you mean? |
NP. Agree. I worry the twitter maelstrom is intentional to disrupt 2024 election Think is completely a Fascist, look what he did to Gawker. https://www.thedailybeast.com/peter-thiel-got-his-revenge-on-gawker-he-may-yet-regret-it Outing him is very bad taste I would agree. I don’t think Elon is mentally ill. I think this is the circus part of “bread and circus”. |
| Telsa stock has been ludicrously, preposterously overvalued for years. I've lost $ shorting it and buying puts, knowing that eventually it would crash 90% like other absurdly prices story stocks over the years, e.g., Cisco, Lucent, etc. Unfortunately the cult of personality kept the stock elevated for longer than I could imagine, and I've given up profiting on the return to normalcy. Eventually it will hit $50 or lower, but there are so many dittohead Elon worshippers, even after seeing how crazy, inept, and impulsive he is over the last three months, that it's hard to predict when that will happen. In the meantime, overpaying by $40B for Twitter, upsetting and driving away Twitter advertisers, provoking and driving away his Tesla customer base, and continuing to sell Tesla shares despite repeated promises not to, all are starting to clue people in to who Elon really is - a fraud. Eventually Tesla will be valued like a car company, which it is. All the car companies are now doing the things that made people believe Elon's BS that Telsa is a "tech" company and so should be valued like Google or Amazon instead of Kia or Toyota. Well, eventually it will be valued like Kia or Toyota, as it should have been all along, and these tech companies will join the dot-com stocks as cautionary tales about what happens when investors value things based on hype rather than facts. |
This is when you get in, not out. My cost basis is much lower than it was now. I'm looking to buy more. There's nothing wrong with the company. It's the economy and noise. If any company comes out of this, it's Tesla with all their cash and engineers. |
Look at the market cap. It makes absolutely no sense. Tesla is going down to pre-pandemic levels. It faces new competition every day and the CEO thinks he is more important than his company. |
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Good day. Only down
.25% |
He doesn't appear to be mentally ill. He's a phenomenally successful entrepreneur. What have you done? |
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You're still obsessing about Elon?
He has high-functioning autism (Asperger's, although the label has disappeared from the DSM V and they've added HFA instead). He said as much himself, and it's pretty easy to see, given his propensity to not care about individuals at all, but just "humanity" in general, and preferably in the future. Your choice as to whether you believe autism is a mental illness, or a mental disorder, or neurodivergence, or whatever. He's a high IQ/low EQ, Aspie type individual. Accept it and move on. |