Elon Musk

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  • brianluxbrianlux Moving through All Kinds of Terrain. Posts: 43,072
    brianlux said:
    OK, I got the picture.  I took it down.
    I'm outta here.
    See ya.....again.

    Haha, just for the morning.  Maybe for the day,  I got bigger fish to fry than the games being played here.
    "It's a sad and beautiful world"
    -Roberto Benigni











  • PoncierPoncier Posts: 17,542
    tbergs said:
    shecky said:
    brianlux said:
    OK, I got the picture.  I took it down.
    I'm outta here.

    Sheck! Thoughts on what you think is going well and not so well so far?
    You know he doesn't have the gumption to answer that query honestly.
    This weekend we rock Portland
  • DE4173DE4173 Posts: 1,893



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  • mickeyratmickeyrat Posts: 43,054
    presented without comment....


    Elon Musk Rage Quits Livestream After Being Cyberbullied by Gamers
    CAN DISH...WON'T TAKE
    Tom Sanders

    Reporter
    Updated Apr. 8 2025 2:22PM EDT
    Published Apr. 8 2025 1:54PM EDT
    Elon Musk.
    Chesnot/Getty Images

    Elon Musk rage quit a livestream of the video game Path of Exile 2 on Saturday night after repeatedly dying while also being ruthlessly cyberbullied in the chat.

    Path of Exile 2 is one of Musk’s favorite games—so much so that he once claimed to be one of the world’s top players in an attempt to boost his gamer cred, before later backtracking and admitting that he had been secretly paying people to level up his account to make him appear more talented at it than he was.
    Streamer Slams ‘F***ing Loser’ Musk: ‘Imma Have Grimes on’
    ‘BATTLE OF THE NERDS’
    Emell Derra Adolphus
    Elon Musk and Twitch streamer Hasan Piker.

    Nevertheless, while attempting to show off Starlink’s in-flight WiFi capabilities while onboard his private jet over the weekend, Musk streamed himself playing some PoE2 on the hardest difficulty, which was broadcast live on X.

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    The DOGE chief was, predictably, terrible at the game, but that was the least of his problems—Less than five minutes into the stream, a player logged on and asked Musk if he could “please jerk off mr trump so he dies of a heart attack.” It only got worse from there.

    For the next hour and a half, Musk sat in stony-faced silence and blasted techno music while dozens of users with names such as ELON_IS_A_PEEDOPHILE and ELON_MUSK_IS_PATHETIC repeatedly spammed the chat to tell him “YOU HAVE NO FRIENDS AND YOU WILL DIE ALONE” and “YOU WILL ALWAYS FEEL INSECURE AND IT WILL NEVER GO AWAY.”

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    Elon Musk Rage Quits Livestream After Getting Ruthlessly Cyberbullied by Gamers
    Elon Musk Rage Quits Livestream After Getting Ruthlessly Cyberbullied by Gamers YouTube

    “Elon. It’s me, Ashley St. Claire. I have no other means of contacting you so I bought PoE2 early access. Please pay your child support. Thank you Elon,” said an account pretending to be the conservative influencer currently locked in a custody battle with Musk over their five-month-old child, while another said his estranged daughter Vivian “was right” about him being terrible at video games.

    Some streamers attempted to help Musk out by trying to show him how to mute the chat function, while others encouraged people to “Buy TSLA” and thanked him for his work with Starlink and DOGE, but they were drowned out by a cavalcade of abuse from gamers relished the opportunity to give the billionaire a piece of their mind.

    ADVERTISEMENT
    Elon Musk Rage Quits Livestream After Getting Ruthlessly Cyberbullied by Gamers
    Elon Musk Rage Quits Livestream After Getting Ruthlessly Cyberbullied by Gamers YouTube

    “There’s a lot of r-----s in the chat,” said Musk at one point, using the r-word slur while a user named HC_John_Wick repeatedly spammed “ELON HOW IS IT POSSIBLE TO LOOK THIS DUMB AND UGLY WHY IS UR TESLA COMPANY FALLING APART AHAAHAAHAAH! WHAT HAPPENED BUDDY?”

    But aside from muting a couple of the loudest trolls after almost an hour of sustained abuse, Musk did little to stop the army of trolls from relentlessly mocking him.

    Eventually, he vanished when his WiFi connection abruptly cut out and ended the stream, which he later deleted from X but was swiftly reuploaded onto YouTube.
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  • PJ_SoulPJ_Soul Vancouver, BC Posts: 50,310
    Lol. Someone hacked the crosswalk voices around Silicon Valley and now Musk is talking to people on the streets.


    With all its sham, drudgery, and broken dreams, it is still a beautiful world. Be careful. Strive to be happy. ~ Desiderata
  • brianluxbrianlux Moving through All Kinds of Terrain. Posts: 43,072
    PJ_Soul said:
    Lol. Someone hacked the crosswalk voices around Silicon Valley and now Musk is talking to people on the streets.



    My home town!  Haha!  Oh my freakin' god.  :lol:
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    -Roberto Benigni











  • HughFreakingDillonHughFreakingDillon Winnipeg Posts: 38,928
    PJ_Soul said:
    Lol. Someone hacked the crosswalk voices around Silicon Valley and now Musk is talking to people on the streets.


    that is hilarious. 
    "every society honours its live conformists and its dead troublemakers"




  • mickeyratmickeyrat Posts: 43,054

    Tesla is missing $1.4 billion from its books, sparking further questions about its dodgy financial practices and exposing Tesla to be far closer to Enron than anyone thought possible.
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    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • Gern BlanstenGern Blansten Mar-A-Lago Posts: 21,567
    I think the narrative that if Musk quits spending so much time on Doge and gets back to Tesla things will somehow get better for them is hilarious.

    The issue isn't a lack of Musk...Musk is the fucking problem.
    Remember the Thomas Nine !! (10/02/2018)
    The Golden Age is 2 months away. And guess what….. you’re gonna love it! (teskeinc 11.19.24)

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  • PJ_SoulPJ_Soul Vancouver, BC Posts: 50,310
    edited April 23
    I think the point is that if Musk steps away from DOGE it makes him less the problem. If he's not fucking with everyone's lives, then people forget how much they hate him, and start eying those Teslas again. It might work - a lot of people have very short memories. And then Musk can start fucking with everyone's lives in private again.
    With all its sham, drudgery, and broken dreams, it is still a beautiful world. Be careful. Strive to be happy. ~ Desiderata
  • OnWis97OnWis97 St. Paul, MN Posts: 5,463
    I think the narrative that if Musk quits spending so much time on Doge and gets back to Tesla things will somehow get better for them is hilarious.

    The issue isn't a lack of Musk...Musk is the fucking problem.
    Yeah, I don't think people choosing not to buy teslas are chomping at the bit to buy them as soon as he nominally distances himself. He can't put the toothpaste back in the tube.
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  • mrussel1mrussel1 Posts: 30,495
    OnWis97 said:
    I think the narrative that if Musk quits spending so much time on Doge and gets back to Tesla things will somehow get better for them is hilarious.

    The issue isn't a lack of Musk...Musk is the fucking problem.
    Yeah, I don't think people choosing not to buy teslas are chomping at the bit to buy them as soon as he nominally distances himself. He can't put the toothpaste back in the tube.
    It will certainly take more than a few quarters, that’s for sure. He severely damaged his brand with Tesla’s core consumer. 
  • mickeyratmickeyrat Posts: 43,054
    This flew under the radar a bit! 😅

    Tesla 2025 Q1:
    • Income from operations: $399M
    • Automotive Regulatory credits: $595M
    • Without Carbon credits: NEGATIVE operating margin!!!

    _____________________________________SIGNATURE________________________________________________

    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • Evel KEvel K Posts: 556
    The real value of Tesla will be realized with mass adoption of autonomous vehicles, robotaxi in the near term.  They were light years ahead of everyone in EV engineering so there's no reason to doubt they will lead in self driving vehicles. The loosening of government regulations will speed up their timeline for nationwide fully autonomous vehicles. If Elon lost 90% of his customer base by switching his political stance his company will still gain in value when robotaxis are deployed in every major city.
    Things were different then
  • Tim SimmonsTim Simmons Posts: 8,839
    Assuming there’s a company left by the time they get to that point. 
  • mrussel1mrussel1 Posts: 30,495
    Evel K said:
    The real value of Tesla will be realized with mass adoption of autonomous vehicles, robotaxi in the near term.  They were light years ahead of everyone in EV engineering so there's no reason to doubt they will lead in self driving vehicles. The loosening of government regulations will speed up their timeline for nationwide fully autonomous vehicles. If Elon lost 90% of his customer base by switching his political stance his company will still gain in value when robotaxis are deployed in every major city.
    This is the only strategy that Team Elon and his inglorious defenders point to today.  Their trailing 12 EPS is $1.74!!  Their TTM PE is $163.  By contrast, Toyota's EPS is 28.76 with a PE of $28.67.  This makes it perfectly clear that TSLA continues to be way over-priced against their fundamentals.  At some point, very soon, they will start trading like a car manufacturer.  I would not want a strong position in the company when that happens. 

    I know this talking point around robotaxis and autonomous vehicles is rampant in the right wing ecosystem  It appears you might inhabit that space.  But it's a pipe dream, particularly in the next decade.  Buyers continue to move away from pure EV and towards hybrid so moving to full autonomous is WAY OFF in the future.  Americans are not ready for that and the safety isn't in place either.  Last, robotaxis.. sure.  Do a little research on the power of the taxi unions in major cities across the US.  It took Uber a decade to break into the Vegas market.  

    TSLA is a terrible investment.  
  • Halifax2TheMaxHalifax2TheMax Posts: 40,761
    mrussel1 said:
    Evel K said:
    The real value of Tesla will be realized with mass adoption of autonomous vehicles, robotaxi in the near term.  They were light years ahead of everyone in EV engineering so there's no reason to doubt they will lead in self driving vehicles. The loosening of government regulations will speed up their timeline for nationwide fully autonomous vehicles. If Elon lost 90% of his customer base by switching his political stance his company will still gain in value when robotaxis are deployed in every major city.
    This is the only strategy that Team Elon and his inglorious defenders point to today.  Their trailing 12 EPS is $1.74!!  Their TTM PE is $163.  By contrast, Toyota's EPS is 28.76 with a PE of $28.67.  This makes it perfectly clear that TSLA continues to be way over-priced against their fundamentals.  At some point, very soon, they will start trading like a car manufacturer.  I would not want a strong position in the company when that happens. 

    I know this talking point around robotaxis and autonomous vehicles is rampant in the right wing ecosystem  It appears you might inhabit that space.  But it's a pipe dream, particularly in the next decade.  Buyers continue to move away from pure EV and towards hybrid so moving to full autonomous is WAY OFF in the future.  Americans are not ready for that and the safety isn't in place either.  Last, robotaxis.. sure.  Do a little research on the power of the taxi unions in major cities across the US.  It took Uber a decade to break into the Vegas market.  

    TSLA is a terrible investment.  
    “Too big to fail?” And I agree, Robotaxis are two decades away and even then I wouldn’t ride in one. Imagine hackers locking the doors and having people delivered wherever they wanted? Fuck that noise. Trust Elongitaint? GTFO.
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  • Evel KEvel K Posts: 556
    mrussel1 said:
    Evel K said:
    The real value of Tesla will be realized with mass adoption of autonomous vehicles, robotaxi in the near term.  They were light years ahead of everyone in EV engineering so there's no reason to doubt they will lead in self driving vehicles. The loosening of government regulations will speed up their timeline for nationwide fully autonomous vehicles. If Elon lost 90% of his customer base by switching his political stance his company will still gain in value when robotaxis are deployed in every major city.
    This is the only strategy that Team Elon and his inglorious defenders point to today.  Their trailing 12 EPS is $1.74!!  Their TTM PE is $163.  By contrast, Toyota's EPS is 28.76 with a PE of $28.67.  This makes it perfectly clear that TSLA continues to be way over-priced against their fundamentals.  At some point, very soon, they will start trading like a car manufacturer.  I would not want a strong position in the company when that happens. 

    I know this talking point around robotaxis and autonomous vehicles is rampant in the right wing ecosystem  It appears you might inhabit that space.  But it's a pipe dream, particularly in the next decade.  Buyers continue to move away from pure EV and towards hybrid so moving to full autonomous is WAY OFF in the future.  Americans are not ready for that and the safety isn't in place either.  Last, robotaxis.. sure.  Do a little research on the power of the taxi unions in major cities across the US.  It took Uber a decade to break into the Vegas market.  

    TSLA is a terrible investment.  
    Tesla is a tech company that sells cars. I used to think Elon had too many irons in the fire, but never doubted his vision.  I'm not a financial adviser and this is not financial advice. Tesla has outperformed every company in the Mag 7 except Nvidia in the last 5 years. There could come a day when Optimus robots are building robots and everyone will regret letting emotions and politics dictate their portfolio. 
    Things were different then
  • OnWis97OnWis97 St. Paul, MN Posts: 5,463
    His vision was never to save the world (not that electric cars will do that) or advance humanity. It was and remains to maximize wealth and stroke his ego. He was born into shitloads of money. That is and has always been his greatest asset.
    1995 Milwaukee     1998 Alpine, Alpine     2003 Albany, Boston, Boston, Boston     2004 Boston, Boston     2006 Hartford, St. Paul (Petty), St. Paul (Petty)     2011 Alpine, Alpine     
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    2024 Napa, Wrigley, Wrigley
  • mrussel1mrussel1 Posts: 30,495
    Evel K said:
    mrussel1 said:
    Evel K said:
    The real value of Tesla will be realized with mass adoption of autonomous vehicles, robotaxi in the near term.  They were light years ahead of everyone in EV engineering so there's no reason to doubt they will lead in self driving vehicles. The loosening of government regulations will speed up their timeline for nationwide fully autonomous vehicles. If Elon lost 90% of his customer base by switching his political stance his company will still gain in value when robotaxis are deployed in every major city.
    This is the only strategy that Team Elon and his inglorious defenders point to today.  Their trailing 12 EPS is $1.74!!  Their TTM PE is $163.  By contrast, Toyota's EPS is 28.76 with a PE of $28.67.  This makes it perfectly clear that TSLA continues to be way over-priced against their fundamentals.  At some point, very soon, they will start trading like a car manufacturer.  I would not want a strong position in the company when that happens. 

    I know this talking point around robotaxis and autonomous vehicles is rampant in the right wing ecosystem  It appears you might inhabit that space.  But it's a pipe dream, particularly in the next decade.  Buyers continue to move away from pure EV and towards hybrid so moving to full autonomous is WAY OFF in the future.  Americans are not ready for that and the safety isn't in place either.  Last, robotaxis.. sure.  Do a little research on the power of the taxi unions in major cities across the US.  It took Uber a decade to break into the Vegas market.  

    TSLA is a terrible investment.  
    Tesla is a tech company that sells cars. I used to think Elon had too many irons in the fire, but never doubted his vision.  I'm not a financial adviser and this is not financial advice. Tesla has outperformed every company in the Mag 7 except Nvidia in the last 5 years. There could come a day when Optimus robots are building robots and everyone will regret letting emotions and politics dictate their portfolio. 
    TSLA is priced like a tech start company, meaning investors were focused on the top line.  For mature companies, you are not priced on revenue, you are priced EBIT, or the equivalent.  When you are 15 years into public trading, you don't get to be a tech start-up anymore.  Some investors have stuck with TSLA, obviously, but look at their fundamentals.  They are years away from robo or autonomous being profitable.  So until then, they have to rely on the car manufacturing as their profit and cash engine since tech is nothing but a cash burn. 

    Regarding the Mag 7, who cares?  What you did the last five years is irrelevant to your future position.  When your profits drop 71% in a quarter, that's a problem.  And when that drop is almost solely based on the political actions of your CEO, who somehow decided to alienate his customer base, that's even a bigger problem.  This is the right wing version of Bud Light, but even more painful since Bud Light was a brand within a much larger company.  
  • curmudgeonesscurmudgeoness Brigadoon, foodie capital Posts: 4,033
    So, I agree that one should leave emotions at the door when determining investment strategy. BUT: There's a huge difference between sticking to one's plan despite economic turmoil and investing in a company or an asset regardless of what it does or how it is run.

    My husband is a corporate officer at a large company. I know full well that, were his CEO to behave the way Musk does in earnings calls, the investor relations team would shoot the CEO with a tranquilizer gun and the top institutional investors would demand -- and get -- the CEO's firing before the call concluded. I also know that the analysts want good, solid, actual reasons to invest in the company. And it's absolutely maddening to see Tesla get rewarded for having a poop-flinging chaos monkey at the helm.

    As for emotions and politics -- again, that should apply to overall strategy, not to individual assets. Musk is openly embracing Nazi ideas and other reprehensible notions, concepts that all decent people have agreed should and must remain in history's dustbin. The trains may have run on time, but *to where*?!? and at what cost? (Seriously: One of the most unnerving things, for me, about visiting Auschwitz when we went to Poland to see PJ in 2018 was driving through this nice little town alongside some abandoned train tracks and realizing where those tracks went.)  I'll ride out all sorts of market ups and downs, but I'll live on the streets before I invest in Nazis, and I'm completely comfortable with that position. Moreover, one of the fundamental rules of parenting is: don't reward bad behavior. Musk is and has been an asshole, I've thought that for years, and I'd never reward his antics with my business, even though he doesn't need my money.

    Finally, can we please put to rest the notion of Elon Musk as galaxy brain? He might be the most egregious example of the Dunning Kruger effect in human history. Many geniuses are eccentric, but it does not follow from that statement that all lunatics are geniuses. Any dorky, weird little kid -- like me -- who read a lot of sci-fi would have come up with the same ideas as Elon Musk (I thought traveling by pneumatic tube would be super cool, too!). He has the advantage of money/ an infinite line of credit that allows him to throw gobs of cash at all of his "hey, wouldn't it be cool if...?" ideas. I'd bet that anyone on here could make all kinds of sh-t happen if they had access to $100B. @brianlux might use such resources to solve world hunger and/or housing shortages across the country.

    Tesla is a tech company that sells cars. Yeah, my financial adviser used to tell me that, only his angle was that the batteries were the key to Tesla's future. I think Tesla has a ton of, oh, quality issues, design issues, service issues, employee morale issues. I'd bet on Chinese competitors against Tesla. And when I bought a new car last year, I got a PHEV and had a dedicated line for a level two charger put in my garage: no Tesla car, no Tesla charging.
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  • mrussel1mrussel1 Posts: 30,495
    So, I agree that one should leave emotions at the door when determining investment strategy. BUT: There's a huge difference between sticking to one's plan despite economic turmoil and investing in a company or an asset regardless of what it does or how it is run.

    My husband is a corporate officer at a large company. I know full well that, were his CEO to behave the way Musk does in earnings calls, the investor relations team would shoot the CEO with a tranquilizer gun and the top institutional investors would demand -- and get -- the CEO's firing before the call concluded. I also know that the analysts want good, solid, actual reasons to invest in the company. And it's absolutely maddening to see Tesla get rewarded for having a poop-flinging chaos monkey at the helm.

    As for emotions and politics -- again, that should apply to overall strategy, not to individual assets. Musk is openly embracing Nazi ideas and other reprehensible notions, concepts that all decent people have agreed should and must remain in history's dustbin. The trains may have run on time, but *to where*?!? and at what cost? (Seriously: One of the most unnerving things, for me, about visiting Auschwitz when we went to Poland to see PJ in 2018 was driving through this nice little town alongside some abandoned train tracks and realizing where those tracks went.)  I'll ride out all sorts of market ups and downs, but I'll live on the streets before I invest in Nazis, and I'm completely comfortable with that position. Moreover, one of the fundamental rules of parenting is: don't reward bad behavior. Musk is and has been an asshole, I've thought that for years, and I'd never reward his antics with my business, even though he doesn't need my money.

    Finally, can we please put to rest the notion of Elon Musk as galaxy brain? He might be the most egregious example of the Dunning Kruger effect in human history. Many geniuses are eccentric, but it does not follow from that statement that all lunatics are geniuses. Any dorky, weird little kid -- like me -- who read a lot of sci-fi would have come up with the same ideas as Elon Musk (I thought traveling by pneumatic tube would be super cool, too!). He has the advantage of money/ an infinite line of credit that allows him to throw gobs of cash at all of his "hey, wouldn't it be cool if...?" ideas. I'd bet that anyone on here could make all kinds of sh-t happen if they had access to $100B. @brianlux might use such resources to solve world hunger and/or housing shortages across the country.

    Tesla is a tech company that sells cars. Yeah, my financial adviser used to tell me that, only his angle was that the batteries were the key to Tesla's future. I think Tesla has a ton of, oh, quality issues, design issues, service issues, employee morale issues. I'd bet on Chinese competitors against Tesla. And when I bought a new car last year, I got a PHEV and had a dedicated line for a level two charger put in my garage: no Tesla car, no Tesla charging.
    I'd bet on Honda, Toyota and BMW to dominate those markets in the future. 
  • brianluxbrianlux Moving through All Kinds of Terrain. Posts: 43,072
    So, I agree that one should leave emotions at the door when determining investment strategy. BUT: There's a huge difference between sticking to one's plan despite economic turmoil and investing in a company or an asset regardless of what it does or how it is run.

    My husband is a corporate officer at a large company. I know full well that, were his CEO to behave the way Musk does in earnings calls, the investor relations team would shoot the CEO with a tranquilizer gun and the top institutional investors would demand -- and get -- the CEO's firing before the call concluded. I also know that the analysts want good, solid, actual reasons to invest in the company. And it's absolutely maddening to see Tesla get rewarded for having a poop-flinging chaos monkey at the helm.

    As for emotions and politics -- again, that should apply to overall strategy, not to individual assets. Musk is openly embracing Nazi ideas and other reprehensible notions, concepts that all decent people have agreed should and must remain in history's dustbin. The trains may have run on time, but *to where*?!? and at what cost? (Seriously: One of the most unnerving things, for me, about visiting Auschwitz when we went to Poland to see PJ in 2018 was driving through this nice little town alongside some abandoned train tracks and realizing where those tracks went.)  I'll ride out all sorts of market ups and downs, but I'll live on the streets before I invest in Nazis, and I'm completely comfortable with that position. Moreover, one of the fundamental rules of parenting is: don't reward bad behavior. Musk is and has been an asshole, I've thought that for years, and I'd never reward his antics with my business, even though he doesn't need my money.

    Finally, can we please put to rest the notion of Elon Musk as galaxy brain? He might be the most egregious example of the Dunning Kruger effect in human history. Many geniuses are eccentric, but it does not follow from that statement that all lunatics are geniuses. Any dorky, weird little kid -- like me -- who read a lot of sci-fi would have come up with the same ideas as Elon Musk (I thought traveling by pneumatic tube would be super cool, too!). He has the advantage of money/ an infinite line of credit that allows him to throw gobs of cash at all of his "hey, wouldn't it be cool if...?" ideas. I'd bet that anyone on here could make all kinds of sh-t happen if they had access to $100B. @brianlux might use such resources to solve world hunger and/or housing shortages across the country.

    Tesla is a tech company that sells cars. Yeah, my financial adviser used to tell me that, only his angle was that the batteries were the key to Tesla's future. I think Tesla has a ton of, oh, quality issues, design issues, service issues, employee morale issues. I'd bet on Chinese competitors against Tesla. And when I bought a new car last year, I got a PHEV and had a dedicated line for a level two charger put in my garage: no Tesla car, no Tesla charging.

    Well said, C.  Great post!
    My wife and I don't have enough money invested to be more than a grain of sand on the beaches of finance, but what we have will make or break how well or poorly we live in our old age (I mean, in our really old age, haha!).  However, we feel much the same as you when you said, "I'll live on the streets before I invest in Nazis."  We recently talked with our financial advisor, a fellow who is more openly aligned with our views than our previous financial advisor to make sure we are not invested in anything we would not want to support.
    Also, it puzzles me when I hear people tell me how much the abhor MAGAs and DOGE and all of that, but then seem to have no qualms about shopping through Amazon or support other pro-MAGA companies like Coca Cola, Uber, Verizon, and others.  And I'm not saying this to shame anyone, I'm just suggesting that we become more aware about where our money is spent.  That can have as much sway and how things go as does calling one's representatives or going to protest marches.  It's the concept of "vote with your dollars."
    As for what I would do with $100B (that's hard to fathom, lol), I would certainly find ways to help end world hunger and homelessness, but I would also focus on environment and education.  Poor education in America is one of the chief reasons MAGA rose to power.  And if humans continue to drive environmental collapse, nothing else we do will matter.  True, the planet is resilient and would probably restore it's balances without us, but what a shame it would be to drive ourselves into extinction, not to mention climate change and the unnaturally high rate of extinctions we are already causing.
    "It's a sad and beautiful world"
    -Roberto Benigni











  • mrussel1mrussel1 Posts: 30,495
    brianlux said:
    So, I agree that one should leave emotions at the door when determining investment strategy. BUT: There's a huge difference between sticking to one's plan despite economic turmoil and investing in a company or an asset regardless of what it does or how it is run.

    My husband is a corporate officer at a large company. I know full well that, were his CEO to behave the way Musk does in earnings calls, the investor relations team would shoot the CEO with a tranquilizer gun and the top institutional investors would demand -- and get -- the CEO's firing before the call concluded. I also know that the analysts want good, solid, actual reasons to invest in the company. And it's absolutely maddening to see Tesla get rewarded for having a poop-flinging chaos monkey at the helm.

    As for emotions and politics -- again, that should apply to overall strategy, not to individual assets. Musk is openly embracing Nazi ideas and other reprehensible notions, concepts that all decent people have agreed should and must remain in history's dustbin. The trains may have run on time, but *to where*?!? and at what cost? (Seriously: One of the most unnerving things, for me, about visiting Auschwitz when we went to Poland to see PJ in 2018 was driving through this nice little town alongside some abandoned train tracks and realizing where those tracks went.)  I'll ride out all sorts of market ups and downs, but I'll live on the streets before I invest in Nazis, and I'm completely comfortable with that position. Moreover, one of the fundamental rules of parenting is: don't reward bad behavior. Musk is and has been an asshole, I've thought that for years, and I'd never reward his antics with my business, even though he doesn't need my money.

    Finally, can we please put to rest the notion of Elon Musk as galaxy brain? He might be the most egregious example of the Dunning Kruger effect in human history. Many geniuses are eccentric, but it does not follow from that statement that all lunatics are geniuses. Any dorky, weird little kid -- like me -- who read a lot of sci-fi would have come up with the same ideas as Elon Musk (I thought traveling by pneumatic tube would be super cool, too!). He has the advantage of money/ an infinite line of credit that allows him to throw gobs of cash at all of his "hey, wouldn't it be cool if...?" ideas. I'd bet that anyone on here could make all kinds of sh-t happen if they had access to $100B. @brianlux might use such resources to solve world hunger and/or housing shortages across the country.

    Tesla is a tech company that sells cars. Yeah, my financial adviser used to tell me that, only his angle was that the batteries were the key to Tesla's future. I think Tesla has a ton of, oh, quality issues, design issues, service issues, employee morale issues. I'd bet on Chinese competitors against Tesla. And when I bought a new car last year, I got a PHEV and had a dedicated line for a level two charger put in my garage: no Tesla car, no Tesla charging.

    Well said, C.  Great post!
    My wife and I don't have enough money invested to be more than a grain of sand on the beaches of finance, but what we have will make or break how well or poorly we live in our old age (I mean, in our really old age, haha!).  However, we feel much the same as you when you said, "I'll live on the streets before I invest in Nazis."  We recently talked with our financial advisor, a fellow who is more openly aligned with our views than our previous financial advisor to make sure we are not invested in anything we would not want to support.
    Also, it puzzles me when I hear people tell me how much the abhor MAGAs and DOGE and all of that, but then seem to have no qualms about shopping through Amazon or support other pro-MAGA companies like Coca Cola, Uber, Verizon, and others.  And I'm not saying this to shame anyone, I'm just suggesting that we become more aware about where our money is spent.  That can have as much sway and how things go as does calling one's representatives or going to protest marches.  It's the concept of "vote with your dollars."
    As for what I would do with $100B (that's hard to fathom, lol), I would certainly find ways to help end world hunger and homelessness, but I would also focus on environment and education.  Poor education in America is one of the chief reasons MAGA rose to power.  And if humans continue to drive environmental collapse, nothing else we do will matter.  True, the planet is resilient and would probably restore it's balances without us, but what a shame it would be to drive ourselves into extinction, not to mention climate change and the unnaturally high rate of extinctions we are already causing.
    I never thought of those other companies as "pro MAGA".  I prefer all companies just pipe down about politics.  I also fully expect them to make donations to both parties.  I would expect them to work their business interests, which means having support on both sides of the aisles.  
  • Evel KEvel K Posts: 556
    mrussel1 said:
    Evel K said:
    mrussel1 said:
    Evel K said:
    The real value of Tesla will be realized with mass adoption of autonomous vehicles, robotaxi in the near term.  They were light years ahead of everyone in EV engineering so there's no reason to doubt they will lead in self driving vehicles. The loosening of government regulations will speed up their timeline for nationwide fully autonomous vehicles. If Elon lost 90% of his customer base by switching his political stance his company will still gain in value when robotaxis are deployed in every major city.
    This is the only strategy that Team Elon and his inglorious defenders point to today.  Their trailing 12 EPS is $1.74!!  Their TTM PE is $163.  By contrast, Toyota's EPS is 28.76 with a PE of $28.67.  This makes it perfectly clear that TSLA continues to be way over-priced against their fundamentals.  At some point, very soon, they will start trading like a car manufacturer.  I would not want a strong position in the company when that happens. 

    I know this talking point around robotaxis and autonomous vehicles is rampant in the right wing ecosystem  It appears you might inhabit that space.  But it's a pipe dream, particularly in the next decade.  Buyers continue to move away from pure EV and towards hybrid so moving to full autonomous is WAY OFF in the future.  Americans are not ready for that and the safety isn't in place either.  Last, robotaxis.. sure.  Do a little research on the power of the taxi unions in major cities across the US.  It took Uber a decade to break into the Vegas market.  

    TSLA is a terrible investment.  
    Tesla is a tech company that sells cars. I used to think Elon had too many irons in the fire, but never doubted his vision.  I'm not a financial adviser and this is not financial advice. Tesla has outperformed every company in the Mag 7 except Nvidia in the last 5 years. There could come a day when Optimus robots are building robots and everyone will regret letting emotions and politics dictate their portfolio. 
    TSLA is priced like a tech start company, meaning investors were focused on the top line.  For mature companies, you are not priced on revenue, you are priced EBIT, or the equivalent.  When you are 15 years into public trading, you don't get to be a tech start-up anymore.  Some investors have stuck with TSLA, obviously, but look at their fundamentals.  They are years away from robo or autonomous being profitable.  So until then, they have to rely on the car manufacturing as their profit and cash engine since tech is nothing but a cash burn. 

    Regarding the Mag 7, who cares?  What you did the last five years is irrelevant to your future position.  When your profits drop 71% in a quarter, that's a problem.  And when that drop is almost solely based on the political actions of your CEO, who somehow decided to alienate his customer base, that's even a bigger problem.  This is the right wing version of Bud Light, but even more painful since Bud Light was a brand within a much larger company.  
    Someone said Tesla is a terrible investment.  The majority of analysts have it as a buy or hold. Good investments are long term. You say they are years away from robotaxis and autonomous vehicles being profitable,  but isn't that when you want to buy. I said earlier that Elon seemed to have too many irons in the fire. I used to think that was a bad thing. Now, looking forward, any segment of Tesla could take it to the next level. Energy generation and storage segment was up 67% with 10B in revenue. Optimus robots are being field tested for factory work. Robotaxis are in beta testing with FSD (Supervised) in Texas and California. And then there's the wild card. Elon Musk, as stated earlier can throw billions at any idea he or his employees come up with. What happens if they decide to build a hybrid or plug in hybrid?
    Things were different then
  • brianluxbrianlux Moving through All Kinds of Terrain. Posts: 43,072
    mrussel1 said:
    brianlux said:
    So, I agree that one should leave emotions at the door when determining investment strategy. BUT: There's a huge difference between sticking to one's plan despite economic turmoil and investing in a company or an asset regardless of what it does or how it is run.

    My husband is a corporate officer at a large company. I know full well that, were his CEO to behave the way Musk does in earnings calls, the investor relations team would shoot the CEO with a tranquilizer gun and the top institutional investors would demand -- and get -- the CEO's firing before the call concluded. I also know that the analysts want good, solid, actual reasons to invest in the company. And it's absolutely maddening to see Tesla get rewarded for having a poop-flinging chaos monkey at the helm.

    As for emotions and politics -- again, that should apply to overall strategy, not to individual assets. Musk is openly embracing Nazi ideas and other reprehensible notions, concepts that all decent people have agreed should and must remain in history's dustbin. The trains may have run on time, but *to where*?!? and at what cost? (Seriously: One of the most unnerving things, for me, about visiting Auschwitz when we went to Poland to see PJ in 2018 was driving through this nice little town alongside some abandoned train tracks and realizing where those tracks went.)  I'll ride out all sorts of market ups and downs, but I'll live on the streets before I invest in Nazis, and I'm completely comfortable with that position. Moreover, one of the fundamental rules of parenting is: don't reward bad behavior. Musk is and has been an asshole, I've thought that for years, and I'd never reward his antics with my business, even though he doesn't need my money.

    Finally, can we please put to rest the notion of Elon Musk as galaxy brain? He might be the most egregious example of the Dunning Kruger effect in human history. Many geniuses are eccentric, but it does not follow from that statement that all lunatics are geniuses. Any dorky, weird little kid -- like me -- who read a lot of sci-fi would have come up with the same ideas as Elon Musk (I thought traveling by pneumatic tube would be super cool, too!). He has the advantage of money/ an infinite line of credit that allows him to throw gobs of cash at all of his "hey, wouldn't it be cool if...?" ideas. I'd bet that anyone on here could make all kinds of sh-t happen if they had access to $100B. @brianlux might use such resources to solve world hunger and/or housing shortages across the country.

    Tesla is a tech company that sells cars. Yeah, my financial adviser used to tell me that, only his angle was that the batteries were the key to Tesla's future. I think Tesla has a ton of, oh, quality issues, design issues, service issues, employee morale issues. I'd bet on Chinese competitors against Tesla. And when I bought a new car last year, I got a PHEV and had a dedicated line for a level two charger put in my garage: no Tesla car, no Tesla charging.

    Well said, C.  Great post!
    My wife and I don't have enough money invested to be more than a grain of sand on the beaches of finance, but what we have will make or break how well or poorly we live in our old age (I mean, in our really old age, haha!).  However, we feel much the same as you when you said, "I'll live on the streets before I invest in Nazis."  We recently talked with our financial advisor, a fellow who is more openly aligned with our views than our previous financial advisor to make sure we are not invested in anything we would not want to support.
    Also, it puzzles me when I hear people tell me how much the abhor MAGAs and DOGE and all of that, but then seem to have no qualms about shopping through Amazon or support other pro-MAGA companies like Coca Cola, Uber, Verizon, and others.  And I'm not saying this to shame anyone, I'm just suggesting that we become more aware about where our money is spent.  That can have as much sway and how things go as does calling one's representatives or going to protest marches.  It's the concept of "vote with your dollars."
    As for what I would do with $100B (that's hard to fathom, lol), I would certainly find ways to help end world hunger and homelessness, but I would also focus on environment and education.  Poor education in America is one of the chief reasons MAGA rose to power.  And if humans continue to drive environmental collapse, nothing else we do will matter.  True, the planet is resilient and would probably restore it's balances without us, but what a shame it would be to drive ourselves into extinction, not to mention climate change and the unnaturally high rate of extinctions we are already causing.
    I never thought of those other companies as "pro MAGA".  I prefer all companies just pipe down about politics.  I also fully expect them to make donations to both parties.  I would expect them to work their business interests, which means having support on both sides of the aisles.  

    yyyyyyeah, I guess.  Only I don't think of MAGA as on any side of the isle.  Sides of isles are what democracies have.  Oligarchies and dictatorships do not.  So any company that donated to MAGA (those did, see link below), is not in favor of maintaining Democracy in America.  I cannot abide by, let alone support that.

    "It's a sad and beautiful world"
    -Roberto Benigni











  • mickeyratmickeyrat Posts: 43,054
    mrussel1 said:
    So, I agree that one should leave emotions at the door when determining investment strategy. BUT: There's a huge difference between sticking to one's plan despite economic turmoil and investing in a company or an asset regardless of what it does or how it is run.

    My husband is a corporate officer at a large company. I know full well that, were his CEO to behave the way Musk does in earnings calls, the investor relations team would shoot the CEO with a tranquilizer gun and the top institutional investors would demand -- and get -- the CEO's firing before the call concluded. I also know that the analysts want good, solid, actual reasons to invest in the company. And it's absolutely maddening to see Tesla get rewarded for having a poop-flinging chaos monkey at the helm.

    As for emotions and politics -- again, that should apply to overall strategy, not to individual assets. Musk is openly embracing Nazi ideas and other reprehensible notions, concepts that all decent people have agreed should and must remain in history's dustbin. The trains may have run on time, but *to where*?!? and at what cost? (Seriously: One of the most unnerving things, for me, about visiting Auschwitz when we went to Poland to see PJ in 2018 was driving through this nice little town alongside some abandoned train tracks and realizing where those tracks went.)  I'll ride out all sorts of market ups and downs, but I'll live on the streets before I invest in Nazis, and I'm completely comfortable with that position. Moreover, one of the fundamental rules of parenting is: don't reward bad behavior. Musk is and has been an asshole, I've thought that for years, and I'd never reward his antics with my business, even though he doesn't need my money.

    Finally, can we please put to rest the notion of Elon Musk as galaxy brain? He might be the most egregious example of the Dunning Kruger effect in human history. Many geniuses are eccentric, but it does not follow from that statement that all lunatics are geniuses. Any dorky, weird little kid -- like me -- who read a lot of sci-fi would have come up with the same ideas as Elon Musk (I thought traveling by pneumatic tube would be super cool, too!). He has the advantage of money/ an infinite line of credit that allows him to throw gobs of cash at all of his "hey, wouldn't it be cool if...?" ideas. I'd bet that anyone on here could make all kinds of sh-t happen if they had access to $100B. @brianlux might use such resources to solve world hunger and/or housing shortages across the country.

    Tesla is a tech company that sells cars. Yeah, my financial adviser used to tell me that, only his angle was that the batteries were the key to Tesla's future. I think Tesla has a ton of, oh, quality issues, design issues, service issues, employee morale issues. I'd bet on Chinese competitors against Tesla. And when I bought a new car last year, I got a PHEV and had a dedicated line for a level two charger put in my garage: no Tesla car, no Tesla charging.
    I'd bet on Honda, Toyota and BMW to dominate those markets in the future. 

    huge honda battery plant underconstruction south of columbus , been underway for 3-4 years now. ford has one down in kentucky south of louisville. they added 3 or 4 buildings to the existing plant.
    _____________________________________SIGNATURE________________________________________________

    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • Tim SimmonsTim Simmons Posts: 8,839
    The electric BMWs are so nice. Feel very luxurious.
  • curmudgeonesscurmudgeoness Brigadoon, foodie capital Posts: 4,033
    Evel K said:
    mrussel1 said:
    Evel K said:
    mrussel1 said:
    Evel K said:
    The real value of Tesla will be realized with mass adoption of autonomous vehicles, robotaxi in the near term.  They were light years ahead of everyone in EV engineering so there's no reason to doubt they will lead in self driving vehicles. The loosening of government regulations will speed up their timeline for nationwide fully autonomous vehicles. If Elon lost 90% of his customer base by switching his political stance his company will still gain in value when robotaxis are deployed in every major city.
    This is the only strategy that Team Elon and his inglorious defenders point to today.  Their trailing 12 EPS is $1.74!!  Their TTM PE is $163.  By contrast, Toyota's EPS is 28.76 with a PE of $28.67.  This makes it perfectly clear that TSLA continues to be way over-priced against their fundamentals.  At some point, very soon, they will start trading like a car manufacturer.  I would not want a strong position in the company when that happens. 

    I know this talking point around robotaxis and autonomous vehicles is rampant in the right wing ecosystem  It appears you might inhabit that space.  But it's a pipe dream, particularly in the next decade.  Buyers continue to move away from pure EV and towards hybrid so moving to full autonomous is WAY OFF in the future.  Americans are not ready for that and the safety isn't in place either.  Last, robotaxis.. sure.  Do a little research on the power of the taxi unions in major cities across the US.  It took Uber a decade to break into the Vegas market.  

    TSLA is a terrible investment.  
    Tesla is a tech company that sells cars. I used to think Elon had too many irons in the fire, but never doubted his vision.  I'm not a financial adviser and this is not financial advice. Tesla has outperformed every company in the Mag 7 except Nvidia in the last 5 years. There could come a day when Optimus robots are building robots and everyone will regret letting emotions and politics dictate their portfolio. 
    TSLA is priced like a tech start company, meaning investors were focused on the top line.  For mature companies, you are not priced on revenue, you are priced EBIT, or the equivalent.  When you are 15 years into public trading, you don't get to be a tech start-up anymore.  Some investors have stuck with TSLA, obviously, but look at their fundamentals.  They are years away from robo or autonomous being profitable.  So until then, they have to rely on the car manufacturing as their profit and cash engine since tech is nothing but a cash burn. 

    Regarding the Mag 7, who cares?  What you did the last five years is irrelevant to your future position.  When your profits drop 71% in a quarter, that's a problem.  And when that drop is almost solely based on the political actions of your CEO, who somehow decided to alienate his customer base, that's even a bigger problem.  This is the right wing version of Bud Light, but even more painful since Bud Light was a brand within a much larger company.  
    Someone said Tesla is a terrible investment.  The majority of analysts have it as a buy or hold. Good investments are long term. You say they are years away from robotaxis and autonomous vehicles being profitable,  but isn't that when you want to buy. I said earlier that Elon seemed to have too many irons in the fire. I used to think that was a bad thing. Now, looking forward, any segment of Tesla could take it to the next level. Energy generation and storage segment was up 67% with 10B in revenue. Optimus robots are being field tested for factory work. Robotaxis are in beta testing with FSD (Supervised) in Texas and California. And then there's the wild card. Elon Musk, as stated earlier can throw billions at any idea he or his employees come up with. What happens if they decide to build a hybrid or plug in hybrid?

    An argument can be made for investing in a aggressive portfolio of startups, on the theory that a few of those startups will really take off, even if the others go under. And I say that even *after* losing $$$ in ARKK thanks to the genius of Cathie Wood (four-ish years later, down 50% or so, I finally asked my adviser to divest from that). But TSLA is not a portfolio. It is not a startup.  It is not a stable, predictable source of growth or revenue. It is run by a mercurial, deranged, immature, allegedly drug-addicted man-child.

    And frankly, a lot of large and small investors now are trading for marginal gains instead of being uncool like me and investing for the long term -- so I tend to think that most people are trying to profit off of the chaos Musk generates.

    And what if Elon decides to build a PHEV? He'll still be a colossal asshole, so I'll still stick with my BMW (which is indeed gorgeous and awesome). Given TSLA's design and customer service shortcomings, I doubt I'll be missing out on anything. But, also, since we're dealing with a stunted, immature human: what if he decides to throw billions at something silly/idiotic, instead? Let your imagination run wild: putting fake breasts on the front of every car he sells, burning a billion dollars just because he wants to see what that looks like, robotic poop emojis roaming around hassling people he doesn't like "just because," apps that allow you to crank call thousands of people at once, etc. etc. etc. There's absolutely NO guarantee that he'll direct his money toward anything useful, let alone charitable. What would an eight year old do with billions of dollars? And right now, it looks like he's thinking that literally buying votes is a cute idea. :shrug:

    So, yeah. My adviser suggested buying TSLA if the price dropped low enough. I withdrew my cash and invested it in European indices instead.

    All those who seek to destroy the liberties of a democratic nation ought to know that war is the surest and shortest means to accomplish it.
  • mrussel1mrussel1 Posts: 30,495
    edited 1:54AM
    Evel K said:
    mrussel1 said:
    Evel K said:
    mrussel1 said:
    Evel K said:
    The real value of Tesla will be realized with mass adoption of autonomous vehicles, robotaxi in the near term.  They were light years ahead of everyone in EV engineering so there's no reason to doubt they will lead in self driving vehicles. The loosening of government regulations will speed up their timeline for nationwide fully autonomous vehicles. If Elon lost 90% of his customer base by switching his political stance his company will still gain in value when robotaxis are deployed in every major city.
    This is the only strategy that Team Elon and his inglorious defenders point to today.  Their trailing 12 EPS is $1.74!!  Their TTM PE is $163.  By contrast, Toyota's EPS is 28.76 with a PE of $28.67.  This makes it perfectly clear that TSLA continues to be way over-priced against their fundamentals.  At some point, very soon, they will start trading like a car manufacturer.  I would not want a strong position in the company when that happens. 

    I know this talking point around robotaxis and autonomous vehicles is rampant in the right wing ecosystem  It appears you might inhabit that space.  But it's a pipe dream, particularly in the next decade.  Buyers continue to move away from pure EV and towards hybrid so moving to full autonomous is WAY OFF in the future.  Americans are not ready for that and the safety isn't in place either.  Last, robotaxis.. sure.  Do a little research on the power of the taxi unions in major cities across the US.  It took Uber a decade to break into the Vegas market.  

    TSLA is a terrible investment.  
    Tesla is a tech company that sells cars. I used to think Elon had too many irons in the fire, but never doubted his vision.  I'm not a financial adviser and this is not financial advice. Tesla has outperformed every company in the Mag 7 except Nvidia in the last 5 years. There could come a day when Optimus robots are building robots and everyone will regret letting emotions and politics dictate their portfolio. 
    TSLA is priced like a tech start company, meaning investors were focused on the top line.  For mature companies, you are not priced on revenue, you are priced EBIT, or the equivalent.  When you are 15 years into public trading, you don't get to be a tech start-up anymore.  Some investors have stuck with TSLA, obviously, but look at their fundamentals.  They are years away from robo or autonomous being profitable.  So until then, they have to rely on the car manufacturing as their profit and cash engine since tech is nothing but a cash burn. 

    Regarding the Mag 7, who cares?  What you did the last five years is irrelevant to your future position.  When your profits drop 71% in a quarter, that's a problem.  And when that drop is almost solely based on the political actions of your CEO, who somehow decided to alienate his customer base, that's even a bigger problem.  This is the right wing version of Bud Light, but even more painful since Bud Light was a brand within a much larger company.  
    Someone said Tesla is a terrible investment.  The majority of analysts have it as a buy or hold. Good investments are long term. You say they are years away from robotaxis and autonomous vehicles being profitable,  but isn't that when you want to buy. I said earlier that Elon seemed to have too many irons in the fire. I used to think that was a bad thing. Now, looking forward, any segment of Tesla could take it to the next level. Energy generation and storage segment was up 67% with 10B in revenue. Optimus robots are being field tested for factory work. Robotaxis are in beta testing with FSD (Supervised) in Texas and California. And then there's the wild card. Elon Musk, as stated earlier can throw billions at any idea he or his employees come up with. What happens if they decide to build a hybrid or plug in hybrid?
    I said it's a bad investment.  Their 12 month consensus target price is $289 per share.  It's at $280 right now.  Yes analysts are split between buy and hold, but there are sells in there too.  And Musk can't just "throw billions" when 40% of his net worth is wrapped up in TSLA stock.  You still have to find a way to monetize the technology and it isn't clear how you do that in the next decade.  

    And yes, they could build a hybrid.  But who buys hybrids, MAGA guys?  Negative.  It goes back to him trashing his own brand and pissing off his natural consumer base.  

    I'm not guaranteeing TSLA is falling apart, but you are not the first right wing person I've heard with these same arguments.  Sorry, there's many better places to invest that aren't so tied up politically.  
    Post edited by mrussel1 at
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