1st $500B man...

And that is based on what? Tesla, as long as he is there, will never recover in Europe, and in the US, they are also declining.
So, the market is betting on something else, which is government contracts.
Tesla will be belly up any day now. Mark my words!
 
Isn't the market a forward looking entity?
How can it be. 53+% is entirely passive. Then hedge funds lever up on the largest stocks because its the only way they have a chance to beat the passive.

If the market was forward looking TSLA would not have a Beta of 2.09. S&P 500 is about as far from forward looking as you can get. Its about liquidity and the passive bid, coupled with momentum.
 
And that is based on what? Tesla, as long as he is there, will never recover in Europe, and in the US, they are also declining.
So, the market is betting on something else, which is government contracts.
Tesla is down 15-20 percent in Europe while other ev sales are up 37 percent. Tesla just dropped under 40 percent market share the second quarter of this year in the usa and continues to slide. Then add in the 200 million plus dollars of Cybertrucks still sitting on lots from 2024. Ford is selling roughly 1,065 plus more ev trucks per month than Cybertrucks. Now add in multiple people are asking for their $250,000 deposit back after the "roadster project " is still delayed. Oh add in the NHTSA is investigating why so many Teslas have mistaken railroad tracks as a road for cars. When is Musk getting indicted on fraud charges? It's about time.
 
I just keep thinking of the best investment of the late 20th century, Beanie Babies
Yeah a news segment just highlighted how an old retired guy invested over 5k on beanie babies only to have their value implode. I'm hoping Tesla implodes so all of the smug Tesla owners will finally be quiet and go away.
 
We may be overlooking the real elephant in the room.
Forget autonomous vehicles that never come to market and humanoid robots not ready just yet, if ever.
There is a nation to the west of us across the Pacific that has decided it's going to dominate the EV market.
At the moment, they produce more EVs than the rest of the world combined at 70% of worldwide EV volume and it will only get worse, or maybe better for those looking to buy an EV.
Tesla has accomplished a great deal in popularizing EVs and introducing them to a mass market. In that, the company may have sown the seeds of its own demise.
 
And that is based on what? Tesla, as long as he is there, will never recover in Europe, and in the US, they are also declining.
So, the market is betting on something else, which is government contracts.
It must be the robots, AI, and maybe the self driving tech? I agree that based on Tesla's future for car sales, the stock should be going down. Tesla funny business with the EV incentives, and pre-submitting car sales in lots of countries in Europe, and Canada, has lost them eligibility in future incentives and government contracts in those countries.
The robot stuff will probably pay off eventually, and maybe the self driving, but it seems other companies are competitive?
 
It must be the robots, AI, and maybe the self driving tech? I agree that based on Tesla's future for car sales, the stock should be going down. Tesla funny business with the EV incentives, and pre-submitting car sales in lots of countries in Europe, and Canada, has lost them eligibility in future incentives and government contracts in those countries.
The robot stuff will probably pay off eventually, and maybe the self driving, but it seems other companies are competitive.
The stock is based on speculation. Considering his track record, it ain't happening.
Of course, a lot of people will get rich on this speculation.
 
It's so nice to see Elon's philanthropic efforts with all that cash. All the children's hospitals named after him, all the food for the homeless he's providing, etc etc. Such a great guy.
Perhaps do a little research. My favorite Musk company is Neuralink.
Don't get me wrong; there is plenty of stuff Musk does that I find abhorrent.
 
Meanwhile Elon is out promoting people cancel Netflix - pushing that stock way down.

I find that "rich" given that he is supposed to be a free speech guy - which is supposedly why he bought Twitter. Don't get me wrong - I am not for the content he is advocating against, but it should be up to we the people what we watch on TV.

Hypocrites, all of them.

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