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
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.
As long as they don’t step into canada, all that will be waiting is a bullet and a disgraceful burial.
Common Sense Skeptic’s videos sure are fun to watch again.
I like it when Nazi man-children cry.
Just cry?
How the hell do Elon and other oligarchs feel so safe to call for a literal civil war? He thinks the other side cares more about fighting Joe Bob more than the billionaires? Such strange delusional behavior
Historically, that is how elites have always maintained their power, so yes. It’s just a lot more difficult to 1) mobilize an overworked and comfort-seeking populace, and 2) we are more interconnected than ever before.
The power of propaganda is being seized by the people. We create the content. We cover current and localized events (in actual real time) because it’s our actual communities. We know who is who and what is what.
Does anyone else think the “happening in my town of (insert town name here)” is a bot account he set up to blow up small isolated incidents?
Their handle “Elizabeth for NV” would suggest that they might be a politician or political candidate
Or a bot that’s been optimized to operate in the “NV” region
genocide? cool and good. black bagging people for protected speech? yeah, pretty fucking cool. letting people die of preventable disease and disaster? yeah, what are you, gay?
but damaging a car? you’re basically the worst thing a person can be.
not damaging a car, what he considers attacking his ego by damaging his worthless scrap heaps. Weight on the word his, as they remain his cars even if you pay for them. he can take control of them or do whatever so you literally can’t even own a tesla, only suck up to musk.
This is from the same guy who said Hitler didn’t kill millions of people. He’s being deliberately obtuse and he thinks everyone must be stupid.
He does think everyone is stupid. You should read the article his first wife wrote about him years ago. He called himself an Alpha among other cringey things during their wedding reception. EM has a superiority complex and bitches about weaponized empathy while weaponizing empathy by claiming to be a victim and, and his father allegedly put it, “retarded”.
We brought him a little taste of civil war. He’s just mad he’s on the losing side.
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.
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.
Waaah, waaaah, waaah…!
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
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
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.
More chemicals than a SpaceX launch?
Time and place
Fair point
Property damage is not violence, say it with me now
“it with me now”
What I meant to say was that you’re wrong. Destruction is violent any way you cut it.
Don’t spout dumb shit so quickly.
Ask AI if destroying someone else’s private property is a violent act.
“Say it with me now”
Ew god… I don’t know why I torture myself like this.
Destruction of property isn’t violence, but words are?
This gets a screenshot.
Uhhhhh I don’t recall saying that
Who said words are?
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Oh, you’re just a fucking moron. Gotcha.
Get triggered more, snowflake
Which half of that are you confused about?
Between this and sharing screenshots to giggle about internet people, you sound like a teenager.
Im not actually screenshoting, but…
“Property damage is not violence, say it with me now”
Screams low T soyboy and is a priceless quote.
But yes, destruction of private property is a violent act.
When the threat is credible, words are much more violent than burning a car, sheesh. You’re being manipulated by your desire to be manly. What kind of weakling even cares about threats until the Nazis are at your doorstep, when you can simply fight them off with your big hairy penis.
Come at me scrublord I’m ripped
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Musk: “Civil War is Inevitable!”
People destroy his company’s products.
Tracking devices with car (driving) features*
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Thoughts and prayers.