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

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.

Well Tesla as a stock was already massively overvalued. Even with price to earnings already halved to 120 in recent weeks it's still rediculously overvalued compared to its competitors.

It impossible to separate politics from the brand now with a sitting president endorsing it.

No, it doesn't. There's no evidence for it. Only intelligent people who can count and base their opinions on reality and facts buy EVs.

Almost all those advertisers have returned to Twitter, including Disney who he singled out that day.

Capitalism has a very short memory

That's a sad situation for him.

Life is short,

drive the car you want.

it's hilarious to see former Tesla zealots now losing their minds over Musk's antics. What car are they going to buy instead - a Chinese one?

This sort of flip flopping and idiotic decision making is rooted in insecurity, poor attention spans and narcissism.

2020: I'm buying a Tesla. I'm saving the planet. All the celebrities in California drive them, they're so cool. I'm great

2025: I'm never buying a Tesla again. I'm not supporting that evil man. He'll miss my money. I'm great.

Yes its called changing your opinion when new facts are presented to you, something you obviously have never had the wherewithal to allow yourself to do as it might mean you were shock horror ….. wrong about something…..