I have to be honest, as someone who is not fully immersed in the financial markets, the chart pattern reading kinda strikes me as astrology for guys in suits.
I feel this deep in my bones
astrology for guys in suits
Naw they already made that, it’s called the “Myers-Briggs Type Indicator”.
That’s for white girls on Hinge.
100% totally is.
I would like to remind everyone, as people seem to keep forgetting, Tesla means nothing to Elon. It could go to zero and it wouldn’t affect him.
Twitter, or X, means nothing to Elon. It could collapse and shut down and it wouldn’t affect him.
SpaceX is his baby. Nothing even comes close. Starlink alone guarantees he will always be one of the richest men in the world.
That’s a testable hypothesis: burn Tesla, Twitter, SpaceX etc to the ground. We can measure his reaction to each, and compare.
No, he cares for Twitter.
SpaceX lets him pretend he’s some great tech genius, but Twitter is what gives him the validation he craves. All the pro-Elon bots and stans there who fellate him feed his narcissistic desire to be loved.
That’s why he “sold” Twitter to xAI. So if Tesla does tank hard enough and he gets margin called, he can’t be forced to sell Twitter to cover it.
If Elon is such a genius, let’s see him stream Kerbal Space Program. I would love to see him get to Mun and back.
Given his track record with real rockets and real rocket scientists, I would consider it a win for him to make it off the launchpad and back in one piece. 😂
Now this is a stream I would enjoy watching. I have the KSP platinum on PS4, I know exactly how difficult this is.
In fact, since it’s his big fantasy, let’s see a Duna return trip.
he can’t be forced to sell Twitter to cover it
realistically, if that were to happen, any other company interested in an acquisition would have valued it pennies on the dollar
Tesla means nothing to Elon.
Then why did he ask Trump to shill Teslas for him? He definitely cares, for narcissistic ego reasons if not financial ones.
It could go to zero and it wouldn’t affect him.
He leveraged his Tesla stock to buy Twitter. If the stock drops below a certain price, the banks will confiscate the stock. If it’s not enough to cover, they’ll confiscate Twitter.
But maybe I’m wrong. I would love to find out either way.
That’s why he “sold” Twitter to xAI. It’s no longer “his”, so he can’t be forced to sell it. Loopholes within loopholes, it’s the billionaire way.
I hear what you are saying, but I still like to see Nazis hurt.
Let’s make Tesla a penny stock.
Yup, this is why we need to either nationalize Starlink or just shut it down completely. This isn’t something a single private company should have control of.
the dreaded “death cross,” a historical indicator of a likely downturn for the company
[…] occurs when a company’s 50-day moving average crosses and drops below the 200-day average.
Fuck Tesla and all that, but holy shit is that standard ever a depressing indicator of to just how reliant late stage capitalism is on endless growth that a tiny dip after half a year of stagnation is a reliable indicator of a company’s imminent failure.
I checked and TSLA is still up from where it was 6 and 12 Months ago, how is it in a death cross?
Unfortunately the stock seems fine to my.
it’s just a moving average cross. 50 day MA moves below 200 MA, that’s it. Can be a bearish sign but I’ve seen it bounce in this moment a bunch of times.
But technical analsyis is just drawing imaginary lines on a chart, they know nothing about how stupid Trump and Musk are so it might very well be bearish. At least I hope so. I want to see him get margin called at 114$ or so they say.
Technical analysis is where gambler’s fallacy meets self-fulfilling prophecy. Though other forces are also in play.
"…the dreaded “death cross,” a historical indicator of a likely downturn for the company.
"Business Insider called out the event, which has been hitting the stock indexes of some major players over the last couple of weeks as tariff trouble has hit just about everyone. Tesla is just the latest to see the symbol of bearishness, which occurs when a company’s 50-day moving average crosses and drops below the 200-day average.x
Death crosses are bullshit chartist woo.
:)
Anything new mentioned in this article?
Good. Fuck elon and his shitty toy cars.
