Elon Musk now owns 9.2% of twitter...update.. will soon be the sole owner as Board of Directors accepts his purchase offer

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fskimospy

Elite Member
Mar 10, 2006
84,821
49,517
136
I have to believe Elon was poking fun at the pure absurdity of those silly predictions.

I know I couldn't keep a straight face as I was reading through them.
I liked how Elon was going to win numerous states in the 2023 presidential election that 1) doesn’t exist and 2) he couldn’t run in anyway.
 

kt

Diamond Member
Apr 1, 2000
6,015
1,321
136

He argues that the company was around $3 billion in the hole but he rescued it by major cost cutting, including firing overpaid and useless employees, which explains why operations continued even after they were removed. Now wants someone to take over management while he works with software teams to deal with issues like 'bots.
A motor boat will still stay afloat even if you gut out the engine. You'll just go nowhere and die a slow death in the middle of the ocean.
 
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AdamK47

Lifer
Oct 9, 1999
15,320
2,928
126
Annoying, that rich asshole is costing me money! Whatever, I'll wait for a dead cat bounce and cut my losses.
The Kool-Aid is wearing off. The Cult of Elon is fading.

I've dabbled in TSLA. Never long term for instances just like this. I go in, sell quick, make a profit, and then it goes back into ETFs.
 

cytg111

Lifer
Mar 17, 2008
23,559
13,117
136
The Kool-Aid is wearing off. The Cult of Elon is fading.

I've dabbled in TSLA. Never long term for instances just like this. I go in, sell quick, make a profit, and then it goes back into ETFs.
Indeed, watching Elon burning his brand in realtime oblivious to the fact is... something alright... a good reminder as to why shit cant rely on just *one guy*, human beings flip, err.
I have friend who is in TSLA, is not happy... Myself got out of it way way back, when it stopped making sense. I like the sentiment that its heading towards being priced as an actual car company.
 
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[DHT]Osiris

Lifer
Dec 15, 2015
14,645
12,769
146
The Kool-Aid is wearing off. The Cult of Elon is fading.

I've dabbled in TSLA. Never long term for instances just like this. I go in, sell quick, make a profit, and then it goes back into ETFs.
What's annoying is that the tech is still legit. It's just weak hands too inflated by one jackass, now spooked by said jackass.
 
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dullard

Elite Member
May 21, 2001
25,214
3,632
126
What's annoying is that the tech is still legit. It's just weak hands too inflated by one jackass, now spooked by said jackass.
Nothing says the technology goes away*. It is just being valued at closer to its real value, instead of valuing a small car/battery company as if it were one of the largest companies in the world.


* Other than the solar roof which has been a no-show for the last 6 months.
 
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[DHT]Osiris

Lifer
Dec 15, 2015
14,645
12,769
146
Nothing says the technology goes away*. It is just being valued at closer to its real value, instead of valuing a small car/battery company as if it were one of the largest companies in the world.


* Other than the solar roof which has been a no-show for the last 6 months.
Ohh well, I swung well with BTC, makes sense that I'd whiff TSLA.
 

cytg111

Lifer
Mar 17, 2008
23,559
13,117
136
Nothing says the technology goes away*. It is just being valued at closer to its real value, instead of valuing a small car/battery company as if it were one of the largest companies in the world.


* Other than the solar roof which has been a no-show for the last 6 months.

No. Listed companies at large is as much being valued by their potential, said potential for TSLA was huge cause Elon looked to be on top of TSLA shit, be it range, performance, charging opportunities, full self driving, vision was to have your vehicle taxi money for you (via FSD) when you're not using it yourself ... a true upset not only to the car industry but the fabric of transportation all together.
And at some point in time all that shit was true. *real value*.
Then Elon took all that potential and crammed it into a bong on Rogan and smoked it.
 
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Zorba

Lifer
Oct 22, 1999
14,875
10,300
136
No. Listed companies at large is as much being valued by their potential, said potential for TSLA was huge cause Elon looked to be on top of TSLA shit, be it range, performance, charging opportunities, full self driving, vision was to have your vehicle taxi money for you (via FSD) when you're not using it yourself ... a true upset not only to the car industry but the fabric of transportation all together.
And at some point in time all that shit was true. *real value*.
Then Elon took all that potential and crammed it into a bong on Rogan and smoked it.
Even if all that shit was true, there was also the requirement that only Tesla could ever figure it out. If they had any competitors then the valuation made no sense.
 

Vic

Elite Member
Jun 12, 2001
50,415
14,307
136
No. Listed companies at large is as much being valued by their potential, said potential for TSLA was huge cause Elon looked to be on top of TSLA shit, be it range, performance, charging opportunities, full self driving, vision was to have your vehicle taxi money for you (via FSD) when you're not using it yourself ... a true upset not only to the car industry but the fabric of transportation all together.
And at some point in time all that shit was true. *real value*.
Then Elon took all that potential and crammed it into a bong on Rogan and smoked it.
Full self driving was the con that paid off for Elmo.
 

Fenixgoon

Lifer
Jun 30, 2003
31,815
10,352
136
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">And you have tiny testicles!</p>&mdash; Elon Musk (@elonmusk) <a href=" ">December 28, 2022</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

Well, he's on a roll to make tesla hit the testicles... I mean have only 2. I mean digits....
i can only think of one other person who responds to criticism in such a childish manner. it's un-fucking believable that elon made it as big as he did. but then again, trump became president too.
 
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dullard

Elite Member
May 21, 2001
25,214
3,632
126
No. Listed companies at large is as much being valued by their potential, said potential for TSLA was huge cause Elon looked to be on top of TSLA shit, be it range, performance, charging opportunities, full self driving, vision was to have your vehicle taxi money for you (via FSD) when you're not using it yourself ... a true upset not only to the car industry but the fabric of transportation all together.
And at some point in time all that shit was true. *real value*.
That was still just a myth to try and pump up the stock price for the pump and dump scheme. Taxi companies aren't worth nearly $1 trillion. Neither are rental car companies. Also, Tesla drivers tend to be quite well off financially. They are the people least likely to let strangers use their cars, completely unsupervised, for a few bucks. I can just see it now, you get a new $50k+ Tesla, drive to work, come back to it's battery drained and puke in the back, filled with cologne or cigarette smoke to cover up the stench, but at least you got $5!

Full self driving would be great. But even Tesla is far, far, far from making that happen on scale.
 

cytg111

Lifer
Mar 17, 2008
23,559
13,117
136
That was still just a myth to try and pump up the stock price for the pump and dump scheme. Taxi companies aren't worth nearly $1 trillion. Neither are rental car companies. Also, Tesla drivers tend to be quite well off financially. They are the people least likely to let strangers use their cars, completely unsupervised, for a few bucks. I can just see it now, you get a new $50k+ Tesla, drive to work, come back to it's battery drained and puke in the back, filled with cologne or cigarette smoke to cover up the stench, but at least you got $5!

Full self driving would be great. But even Tesla is far, far, far from making that happen on scale.

Yes, you know much better than the professional traders and business insiders that actually valued the company at the time. I dont deal in time machines unless they're going forward, its stupid.
 

dullard

Elite Member
May 21, 2001
25,214
3,632
126
Yes, you know much better than the professional traders and business insiders that actually valued the company at the time. I dont deal in time machines unless they're going forward, its stupid.
I've been holding the same viewpoints for years. If that is a time machine, then so be it.

Telling people to hold onto Tesla shares in 2017 but to be prepared to sell quickly:

Telling people NOT to hold onto Tesla shares in 2021:

Wishing people luck who bought Tesla in early 2022 (but with a warning):
 
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cytg111

Lifer
Mar 17, 2008
23,559
13,117
136
I've been holding the same viewpoints for years. If that is a time machine, then so be it.

Telling people to hold onto Tesla shares in 2017 but to be prepared to sell quickly:

Telling people NOT to hold onto Tesla shares in 2021:

Wishing people luck who bought Tesla in early 2022 (but with a warning):
Yes and you were wrong. Unless you at the time predicted covid, inflation, Ukraine and Elons meltdown.
 

dullard

Elite Member
May 21, 2001
25,214
3,632
126
Yes and you were wrong. Unless you at the time predicted covid, inflation, Ukraine and Elons meltdown.
So those are why Tesla shot up to unreasonable prices and then fell back to Earth? I'm glad that I know now that it had nothing to do with the products, profits, or true potential of the company.
 

cytg111

Lifer
Mar 17, 2008
23,559
13,117
136
So those are why Tesla shot up to unreasonable prices and then fell back to Earth? I'm glad that I know now that it had nothing to do with the products, profits, or true potential of the company.
Yea, maybe you ARE the savant of stock evaluation, im not banking on it though. Good luck.
 
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