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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]       We don't live in a consequence-free world  and I suspect that a petty little man like Musk and his cronies know this, and they resent it.  The kind of people who bought tesla ( the cars , not the stock ) aren't the kind of people who have a steady appetite for the racism, conspiracy theories, and erratic behavior of a man inhabited by debilitating insecurities . As if that wasn't enough, he decides to go pay $44B for a social media company that barely generated $5B in revenues , tries to back out of a deal , gets his bluff called out with potential litigation that he was guaranteed to lose . Problem is, when you fork over $44B for a $5B company , it means you have to at least triple the revenues of said company to be able to make loan repayments.

What we're witnessing is yet another collapse of the ' if you're rich then you're smarter than thou' mantra that many of you foolishly , naively and stubbornly cling to, despite mounting and irrefutable evidence it isn't so black and white .

How anyone thought that this company—a monobrand— deserved to be more valuable than General motors ( Chevrolet,  Cadillac,  Buick) or the Volkswagen group ( Porsche,  audi , vw, Bentley , Lamborghini ,etc ) proves that financial illiteracy and general ignorance of the business world transcends demographics and educational levels in this country . The only advantage UMCers have is that they have incomes  that might allow them to recover from the consequences of their ignorance.  Who knows? The hype train might have kept running had he not decided that in addition to his bland electric vehicles , he's also entitled to be king maker . Let's face it , that's the sole reason for the Twitter acquisition .[/quote]

I discount all the political stuff - even the Musk is distracted by Twitter stuff. Tesla was tulip stock. The balloon has burst. The legacy auto industry is going chase him out of the car business. [/quote]

This is way to slow extreme. Tesla is a real company with real valuable products. They have lots of valuable patents as well. Now should they be worth more then all other car makers in the world combined? No way, it was a bubble due to burst but Tesla isn’t going away. There is still billions in value, just maybe not hundreds of billions.[/quote]

Why do you keep pushing this 'tesla isn't going away' nonsense ? Who said it was going away ? And what proof do you have that it CAN'T go away ? How old are you ? I'm a millennial and I think I'm old enough to remember the 'too big to fail' mantra era . We all know how that ended . It's like you've never heard of a car company folding . Perhaps you should examine why you seem to be so emotionally involved in this.[/quote]

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