Is Elon Musk hurting Tesla? (Mod Note Post #1)

I don't know what surprises me more. The fact that he's giving credit to somebody else to somebody that he did himself or the fact he name checked Herbert Sandler, a man who died 6 years ago, as one of the people involved

There's a global network behind it, some snippets from their own website…

Since launching in 2012, Action Network tools have helped the Women’s March mobilize huge rallies across the globe, helped the DNC raised millions for candidates and organizations, and much more.

We developed the ActBlue sync with our Development Partners at the DNC to help Action Network partners raise more money on ActBlue than ever before.

Use the ActBlue sync to:

• Track your ActBlue donors and amount raised on Action Network
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The anger is being promoted by the DNC, it's a clear as day and they don't even try and hide it. Doge is going after these non profits and NGO's.

https://actionnetwork.org/event_campaigns/teslatakedown

No sign of an Irish event yet, no doubt we'll see one soon as there's genuine anger out here.

Why is this your go to:

When the whole thing can easily be explained by this:

and yet it’s still got a p/e of 120 🤪.

I’m certain that the end of the quarter delivery numbers will be countered by musk doing one of his ‘huge announcement of something happening in the distant future’.

Last year was the model 2, or was that the previous year and last year was the taxi thing.

He’s bored of selling cars, that’s for sure.

I’m not getting the VW share price rise, it’s hardly people thinking they’re the next Tesla or an anti tesla play. Don’t hold any vw, Porsche or Tesla any more.

Last bet was on Xiaomi when they announced the su7 and I’m still holding, it’s worth looking into.

The message out there is clearly "Muck Fusk".

Comeuppance I suppose.

Still a decline of 50+% compared to its peak, probably costing Musk around $100 billion.

Of course seeing how crazy things are, the stock could go in the opposite direction tomorrow if the market (private investors in particular) buy into the next ridiculous promise that comes from Musk.

Let's not wish a sharp decline in Tesla share price too quickly, without giving citizens here a chance to move company pensions over to non-equity based categories. Many Irish pensions are linked 25%+ to the "Magnificent 7" US tech stocks.

Not universal though. Many pensions are much deeper into the magnificent 7 than yours.

TSLA isn't the only stock on the slide either. Doesn't do anyone in this country any good, although a CEO change might rally Tesla stock it's unlikely to positively affect Microsoft, Nvidia, or Google while the US is so volatile right now.

True, but they’re pensions, so by their very nature you should be checking on it every year or even every few years. Days like today are far more common since 2008, and you’d do well to just ignore them.

Tesla is a massively complicated stock too, for lots of reasons. It’s effectively a momentum stock, so it’s going to be more volatile than the market

https://www.thejournal.ie/trump-to-buy-tesla-elon-musk-shares-plunge-6645550-Mar2025/?utm_source=shortlink&fbclid=IwZXh0bgNhZW0CMTEAAR2LhIVn-medClumCXObnfM_bqvQcDaMgljC5jNVqIUqLlK5Ds9bzjKAcyw_aem_2-ndT9L6vhgzEGH27f_TUQ

You would think this is a joke?! Tesla sales figures must be looking pretty poor if this is what they come up with now. It will be interesting to see how the markets react.

“But the Radical Left Lunatics, as they often do, are trying to illegally and collusively boycott Tesla, one of the World’s great automakers, and Elon’s ‘baby,’ in order to attack and do harm to Elon, and everything he stands for.

“I’m going to buy a brand new Tesla tomorrow morning as a show of confidence and support for Elon Musk, a truly great American.

“Why should he be punished for putting his tremendous skills to work in order to help MAKE AMERICA GREAT AGAIN???”

there’s a very likely scenario whereby we simply become accustomed to musks antics and this period of ‘cancel musk’ will dissipate just like all the other things that raise the ire of the internet, and Tesla sales start to rise again. The cars are great, if you’re in the market for it.

If sales drop 10% this year, it’s just 180,000 people worldwide deciding to choose some other EV. You could argue that probably half of that 180k would’ve chosen something else purely down to the fact that there are now so many options (I’m in the vw pcp cycle, so the ID3 GTX is the only vw EV for me for example)

It’s really so so few people that this whole musk ire matters to.

New options are definitely eroding teslas market share in China where other brands have more tech for less, but I would imagine there are people put off the brand elsewhere just avoid a falling resale value.

Musk and Trump think that they are correct in everything they are doing and they have a solid following of Magas to keep them in that state of wilful ignorance. The reality is that the majority of Americans hate what Musk is doing and an even bigger majority around the world feel the same about his antics and his God complex. TSLA is goig to absolutely tank well beyond the current price IMO because as Elon stated so loudly to advertisers and indirectly to the world "Go fukk yourself" He's getting it returned now in spades. If he stays TESLA are done.