Musk's jab at empathy was about what he thinks is useless foreign aid, but if the US doesn't give it out (say in Africa), China will to gain influence. Ironically, MAGA hates China.
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discuss Tesla has lost half its value since December
- Thread starter Pete Griffin
- Start date
This thread covers all aspects of ideologies, including beliefs, principles, traditions, policies, and their influence on society and culture.
Oh, I have no doubt his jab was intended to promote his chosen ideology. It's just ironic that the complete lack of empathy shown towards him is now something he his whining - like a little bitch - about.
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Well, narcissists do that.
And some Americans are covering the tesla logo and altering the design
Do you disagree with damaging property (i.e. Tesla's property be it cars to charging stations) and condemn it as an act of terrorism, which by definition it is, as its motivation is to discourage the work of Elon and DOGE?
If it helps you sleep at night, sure.
I don't support any crimes, but the real issue here should be in trying to understand why this is happening. People didn't target Tesla before Musk decimated public services in the United States. Maybe, read the room a little bit, eh, Elon?
This is going to go over well for a lot of people.
Remind me in a year.
Remind me in a year.
What does that mean?
It means that people who don't know what shorting is are about to FAFO when Tesla turns around.
Shorting, simply put, is borrowing and selling a share of the underlying stock at its current price and hoping to buy it back at a lower price, making the difference. In this case, a successful short of Tesla (in today's market) would be shorting at $230 and repurchasing that share for, say, about $210, as fees and taxes are involved (also depends on if you are shorting long-term or short-term). You would then be able to return the borrowed share and earn the difference of $20 from the trade.
Shorting Tesla has gone "magnificently" well for most people.
It's risky because you could borrow it at $230, short sell it, and it then pops up to $250. So, you've lost $20 per share. And, that could happen overnight.
Without the proper protections in place (i.e., repurchase at $250 and don't wait until it goes to $500), which I'm assuming that these people have no clue about if they are unaware of how to short (or how risky it is, to begin with), a significant rise could liquidate a person's entire portfolio or life savings as they would be forced into covering the share at a certain point.
If the stock rebounds it will be because of the reports that they want to sack Musk. That will have rallied the stock price somewhat I imagine. He's killing Tesla. Shareholders will be furious. Dumping him could have the desired effect.
With his long-term performance on Twitter/X's turnaround, I don't think those with enough voting power could get him out now.
X finally valued at $44 billion, the exact sum Elon Musk paid for the social media site in 2022
Just last fall, an investment firm estimated that its shares in the site had plunged nearly 80 percent in value —placing the price tag on the social media platform at less than $10 billion
The Red states could come to the rescue. They could prop it up like they did with Chick-Fil-a.
If the Red States can do something about what is happening, a lot of investors in the company will feel very happy about it, I bet?
