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OP, you know who actually gets hurt in a Tesla boycott?
Regular people with retirement accounts. Small investors who panic-sell and never recover their losses. And you know who probably does not get hurt? Elon Musk. The guy has multiple companies—SpaceX, Starlink, Neuralink, The Boring Company. Starlink alone is raking in cash, especially in places where traditional internet sucks. If Tesla takes a hit, it is not Musk who feels it—it is pension holders and everyday investors. Hedge funds? They will just buy the dip. Tesla’s global competitors? They will probably benefit. So yeah, if you want a good post for your socials, yes, boycott Tesla and announce it to all who care. If your goal is to stick it to Musk, he will likely be just fine—your retirement account? Maybe not so much. Also, I do not own or plan to own a Tesla. |
Sorry but no. Most people’s retirement accounts are not so heavily invested in Tesla stock that a crash would matter at all. If you are one of the fools who is over invested into Tesla, I have no sympathy |
Were tesla to crash 50%, that would have a negligeable effect on most peoples portfolios. Most people are in ETFs. Tesla make ups only 1.87% of the S&P500. Therefore, if it lost half its value, people's portfolios would only lose like 1%. Not a big deal, negligeable effect on retirement fund. Now if someone is 100% Tesla, sure, but that's their fault for not diversifying. Its just a car company after all. Tesla is the reason Musk is the richest man on earth. He is rich based of a meme stock, where the fundamentals do not, in any way, support its crazy valuation. It is, at the end of the day, a car company, yet its market cap is more than most/all other car companies combined. Musk keeps lying and promising FSD, Robots, and etc, to help keep the value of the stock inflated. But at the end of the day, FSD has been promised for almost a decade (still not here), and he pivoted to "AI" framing to try and help keep the value afloat. |
You completely misunderstood my point. I never said anything about buying/selling Tesla stock. The intent is to hurt the financial performance of Tesla which underpins the wealth of Musk. His main asset is Tesla accounting for about 60% and the vast majority of the rest is SpaceX. If people boycott Tesla like they seem to be doing in Europe (sales down 45% in January), it would cut down stock 80%. In China they are not going to be competitive much longer, BYD is going to eat Tesla's lunch, it is only a matter of time. Their main profit opportunity is USA and if we don't buy Tesla cars, republican/MAGA would not be able to make it up as they are not the sort inclined to buy EV's. SpaceX may do well, but I do not think it would be worth hundreds of billions in the long term for various reasons. But we can start with Tesla for now. |
100% agree. This is the most accurate reflection of reality. |
Come to think of it, you whole post sounds like you own a lot of Tesla stock and are now worried. |
This. |
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People don’t have to “boycott,” I just don’t think suburban moms are going to line up to buy cars with a CPAC Chainsaw mascot when they can buy one where it’s just those dumb giant bows or whatever.
The stock price of Tesla can’t be based on selling cars anyway so maybe it doesn’t matter. |
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January sale decline estimates:
45% in Europe 15% in China 13% preliminary in the US Normally this would destroy a stock, but musk sells the “future” more than fundamentals. It will dent his finances but space x is worth a whole lot now as well (especially with his insider role for govt contracts). |
It's part of S&P 500 Index Funds. Those can't divest. |
actually there have been many reported accidents. accelerating when brakes are used etc. they have all been suppressed. this guy is not a genius. he is just a mediocre tech guy who is great at fundraising, marketing, recklessness and unfortunately for us fraud. and he is doing all for the money - to save his many companies. don't buy tesla and push against his spaceX contracts. don't put that neuralink in your brain. esp given he fired the FDA folks who were monitoring it. |
Only TSLA is a public company. SpaceX may be profitable. I doubt StarlinK is profitable at this point, it may never be. Every prior global internet has struggled. Its great to provide access to remote places, but it has to be at a cost that makes it worthwhile. Boring company hasn't done anything for a while. Neuralink... i don't even know what to say. But anyways none are public -- and he has demonstrated fraud countless times, so their value or cash flow is la-la land. |
| Tesla's are POS anyway. Doubt he cares or will notice though, so don't cancel your order just to spite him as if it will make a difference. |
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If people stop buying Tesla's it would also have many other effects. Not only would a deep fall in Tesla sales cause a steep fall in stock price, it would hurt Musk's popularity with many his supporters. He has a lot of supporters because they rode along with him and made money on his stock. If they lose that money, his support base would collapse.
One of the most effective ways to hit back at Musk is to stop buying Tesla's. |
Too bad I remember typing that Musk resembled a movie super villian in behavior half a decade ago. I'd never go work for one of his companies or even invest in anything of his. And now I've got him running the country If all those people you listed don't have the intelligence to figure this out, that's on them. |