(F)ELON
How did I not notice this until now?
… . and Tesla stock is somehow STILL over-valued.
It was only able to post a $409 million profit in the quarter thanks to the sale of $595 million worth of regulatory credits to other automakers.
But if the Trump administration gets its way, the company can kiss those regulatory credits keeping it in the black goodbye, too.
Bwahahaha.
“We’ve gone through many a crisis over the years and actually been… on the ragged edge of death – at least, maybe a dozen times,” he told investors on the conference call Tuesday. “This is not one of those times. We’re not on the ragged edge of death, not even close. There are some challenges and I expect that this year will be probably be some unexpected bumps this year but I remain extremely optimistic about the future of the company.”
I was wondering why the stock price got so much air in the last few days. He got on the phone with his tech bro stock holders and promised miracles. But… Full Self Drive is a joke, there aren’t any new models being developed, the cyber truck is a disaster, and he’s outted himself as a mother fucking Nazi. It may take a while but his bag of tricks is running close to empty and being a ketamine junky isn’t helping him.
Don’t worry, he will angel invest in something else, force the owners out, and steal the idea soon enough. You don’t change what works.
That was probably easier before everyone knew he’s a Nazi supporter.
when he’s doing nazi salutes and actively dismantling the US, I think it’s safe to say he’s just a nazi. People buying Teslas are nazi supporters.
Fair enough. I was trying to avoid the “sparkling fascism unless it’s 1930s Germany” argument that I’ve seen made before.
That joke once got someone 35 karma, and hundreds of people think that we need to be continuously reminded of it. Just like:
“Conservatism needs 2 things to be true”
“blah blah I award you no points and may God have mercy on your soul.”
Look, I was going to make a long list of annoying copypasta but I’m “functioning” on 2 1/2 hrs of sleep, so I may need to crowdsource. But we all know the ones, you read 2/3 of a sentence and recognize what it is and scream “God FUCKING damnit! AGAIN?!?”
I don’t think the powerful care just as long as the stock price goes up.
They are getting wrecked because the CEO is a Nazi schatze and other companies are innovating in a practical, deliverable manner and not selling vaporware.
That’s a good one-two punch in the grapes for any company.
I just hope that if/when they go under that the charging infrastructure they built up is able to remain.
Someone like Electrify America will buy it up.
The Tesla board is not doing its job to protect the investors by keeping Melon as CEO!
Good
Will look into
