Tesla is Finished

109,480 Views | 1566 Replies | Last: 1 yr ago by notex
AggieCo2023
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Whatever one may think of Elon and his new conservative politics, it is an extremely questionable move to become a public spokesperson for right wing ideology while running an electric car and solar panel company. Liberals were probably 75% of his customers (at least) and he has completed lost them. I predict Tesla stock price will continue to plummet as Elon is clearly distracted and prioritizing Twitter.
DrEvazanPhD
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Strangely, I'm not worried about him. And I have no desire to own a Tesla.
hunter2012
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AG
Looks like a great time to buy.
Aggie1944s Kid
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AG
Time to load up on Tesla!
Get ready bal. You're gonna in for a problem.
Kvetch
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AG
I guess climate change isn't that bad, right? Tesla will be fine, lib. Just shows that Elon has more integrity than any of your ilk.
pacecar02
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He's not really a conservative

He's pushing back against the wokeness

I wouldn't bet against Elon long term
Tanya 93
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It is not new conservative politics.


It is actually being a liberal that doesn't have to silence people because what they say or believe makes them piss their pants like a toddler being toilet trained.


As a liberal who has been on this board since before you could walk, don't lecture on what he is doing.


Free speech was the anthem of liberals until pansies like you took over and need to punish people for different ideas.


Bite me.
Frederick Palowaski
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AG
Thanks for finally admitting you think freedom of speech is a "right wing ideology".
rocky the dog
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AG
Elections are when people find out what politicians stand for, and politicians find out what people will fall for.
jrico2727
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AG
Glad libs care so much about the environment and electric vehicles. Certainly put their ethics above their politics. So virtuous.
Max Stonetrail
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Now do Zuckerberg and FB. Cathie Woods fund at Ark.

Every high flying tech stock is down big this year.

Elon sold on the way down. Also a reason the stock is down.
RWWilson
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AggieCo2023 said:



Whatever one may think of Elon and his new conservative politics, it is an extremely questionable move to become a public spokesperson for right wing ideology while running an electric car and solar panel company. Liberals were probably 75% of his customers (at least) and he has completed lost them. I predict Tesla stock price will continue to plummet as Elon is clearly distracted and prioritizing Twitter.
It just goes to prove that ideology trumps everything for the left. "Yes I want to buy a car to save the environment because I care. Also, screw the environment if the car company is owned by someone who doesn't recognize my pronouns".
Malibu
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I think it has more to do with Tesla being at a 48 price to earnings ratio after the latest dip without any geewhiz new tech/product announcements that justify such a bold valuation.
Funky Winkerbean
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AG
He's not a conservative. He's simply a smart man using his money to expose the cancerous culture of liberalism and their manipulative ways. In a world of everything being political, he's acting apolitically to restore values we once all cared to protect.
Pooh-ah95_ESL
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AG
Most large tech companies are down significantly YTD, calling tge end of Tesla due to stock slide from the stratosphere may be a bit premature...

All stock prices realistically need to fall another 50% just to get to a realistic valuation, but somehow this generation believes "this time will be different".

There is still a long way down to go.
Some Junkie Cosmonaut
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AG
Quote:

Whatever one may think of Elon and his new conservative politics, it is an extremely questionable move to become a public spokesperson for right wing ideology while running an electric car and solar panel company. Liberals were probably 75% of his customers (at least) and he has completed lost them. I predict Tesla stock price will continue to plummet as Elon is clearly distracted and prioritizing Twitter.


So the first amendment is "right wing ideology".

You're completely lost here, champ. If you were smart you'd throttle back on your posting, read and actually think but I'm not holding my breath on that.
AggieCo2023
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No but saying to prosecute Fauci, urging his followers to vote for Republicans and endorsing Ron Desantis is I would say. Nothing wrong with it, but weird choice when your customer base disagrees with it. Would be like if the Smith & Wesson CEO started making everyone list their pronouns.
RAB91
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DallasAg 94
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OP probably doesn't realize the NASDAQ is down 20% since April 2.
Phatbob
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AG
Tesla stock was overvalued to begin with, but I believe some stock drops for the whole market are in that timeframe, yes?
Eso si, Que es
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I just looked at Tesla, Ford, GMC, and Toyota 5 year stock curves and they all look the same.

Stock prices started running up in mid 2020, peaking in Dec 2021, and then falling off in 2022. But when you show the 1 year stock price it just captures the fall.
not hedge
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So then Tesla is still down 32%
girlfriend_experience
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Someone doesn't understand business
Hungry Ojos
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Tanya 93 said:

It is not new conservative politics.


It is actually being a liberal that doesn't have to silence people because what they say or believe makes them piss their pants like a toddler being toilet trained.


As a liberal who has been on this board since before you could walk, don't lecture on what he is doing.


Free speech was the anthem of liberals until pansies like you took over and need to punish people for different ideas.


Bite me.


Red pilled af
RGLAG85
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AG
AggieCo2023 said:

No but saying to prosecute Fauci, urging his followers to vote for Republicans and endorsing Ron Desantis is I would say. Nothing wrong with it, but weird choice when your customer base disagrees with it. Would be like if the Smith & Wesson CEO started making everyone list their pronouns.
Incredibly bad comparison, but you'll figure it out. Or, probably not.
DrEvazanPhD
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AggieCo2023 said:

No but saying to prosecute Fauci, urging his followers to vote for Republicans and endorsing Ron Desantis is I would say. Nothing wrong with it, but weird choice when your customer base disagrees with it. Would be like if the Smith & Wesson CEO started making everyone list their pronouns.
Fauci is a murdering crook, and the democrats are driving the whole country into the ground.

And what exactly is Tesla's customer base? Rich liberals who don't care and rich conservatives who like new tech? It's probably not soy-slinging baristas with purple hair angry at everything.
AustinAg2K
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How are Ford and GM stocks doing?
kag00
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AG
Disney did it, the NFL did it, ESPN did it…..so many companies did exactly that to their conservative client base.
BigOil
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AG
Reverting to the mean? At peak its market cap was higher than all automakers put together, with barely any cars sold.

And with the reality of the energy transition, there was zero chance of earnings matching up to market cap any time soon.
45-70Ag
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AG
He isn't conservative, he's against stupidity which by and large means he's against woke ideology.
DallasAg 94
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AggieCo2023 said:

No but saying to prosecute Fauci, urging his followers to vote for Republicans and endorsing Ron Desantis is I would say. Nothing wrong with it, but weird choice when your customer base disagrees with it. Would be like if the Smith & Wesson CEO started making everyone list their pronouns.
I think he sees the long-term destruction being created by Biden and Democrats and realizes where they are leading this country.

Having said that... the Biden Administration just gifted Ultium Cells over $2B in loans. Who is Ultium? They make EV batteries. Asked again... who is Ultium? A subsidiary of GM who is building a facility in Ohio and Michigan (and Tennessee).

https://www.energy.gov/articles/us-department-energy-announces-25-billion-loan-ultium-cells-three-domestic-battery-cell

That could impact the perception of a stock. It can also be used to hurt your opponents. You know... like Putin and his Oligarchs.
Tom Kazansky 2012
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AG
Punish the dissenter OP! You all sure showed him.


Tesla is still the world leader in automobiles. Has more to do with Biden's economy screeching to a halt and interest rates being through the roof rather than him buying twitter.




Better tell the American and Japanese counterparts they better not by Truth Social or Meta huh?

Wouldn't want Akio Toyoda to become a "right-wing" mouth piece.

Correlation to Tesla's downfall is more akin to

A. Cheating an election, which it seems the original twitter cabal attempted and were successful at with the help of the FBI.
B. Getting a leftist cronyist brain dead moron in the white house that keeps things shut down, wubverts energy production and runs up an insanely high demand for creating more money thus creating great inflation that also raises interest rates--which is devastating to the new car market.

Maybe not though. Lets check in on the other EV producers that are the main wannabe Teslas:




Erm. The OP's reasoning seems to be compete ***** Just like zis politics. OP is the reason I will spank my kids. Cant have them growing up to be leftist morons and besmirching my name.
P.U.T.U
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AG
Elon has been saying for a while that he thinks Tesla stock is too high.

Maybe it is just me but I am seeing more Teslas on the road more than ever. As a long term stock I would not be too worried, especially with the status of the current market.
Madman
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AG
How does this compare to the 52 week high low for the stock?
akm91
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AG
As other's have said previously, tech stocks are all down in the same time frame:
  • Meta's down 45%
  • Google down 26%
  • Amazon down 39%
  • Salesforce down 29%



"And liberals, being liberals, will double down on failure." - dedgod
 
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