I used to say that $TSLA investors since 2022 were the most stupid . But we may have a new group in contention. SpaceX IPO: Nice Try Though https://t.co/Cxa9eimogQ via @YouTube
According to The Information, he's already gone.
For a smart guy he was too dumb to understand what the rest of the world now knows about Musk:
NO ONE good wants to work for that asshole any more.
This is kind of misleading garbage people like him (a paid pumper) should be persecuted for. He’s claiming UPS bought 125, but Grok says that stems from a 9 year old Reuters report. The lying needs to stop.
$TSLA
I haven't seen anyone mention that El Salvador ditched Bitcoin as an official currency because no one was using it and it was costing them hundreds of millions
Comedian Jerry Seinfeld is taking a jab at electric cars, calling them a “big, stupid virtue signal."
“I’m not interested in electric cars at all," Seinfeld reportedly said in an interview. "Anybody else wants to do it, that’s fine. I think it’s a big, stupid virtue signal. ‘Look at me. I’m saving the planet, yeah.’ What about the lithium? It’s all BS."
$TSLA is not a serious driverless ride-hailing business.
That's why Musk was forced to admit it won't be "material" to earnings this year (but "probably" next year), & state that FSD v15 is needed for extra safety.
I've removed the paywall from my SpaceX IPO report, which shows how it'll crush Tesla's share price, why it could fail due to its $250 billion acquisition of xAI, & why a 1-for-1 merger with $TSLA is harder if SpaceX becomes a public company.
1/2
The real issue here is that SpaceX itself was borrowing the money to give to Musk, via the Nov 2018 leveraged loan priced at LIBOR+4.25%, far above the rate he was paying SpaceX https://t.co/hRcoplhKVQ
Tesla generated more than half a billion dollars in revenue last year from selling products to two of Elon Musk’s other companies, the carmaker disclosed in an amended annual filing https://t.co/bGng1SKGiA
Yup, visit Boca Chica and you’ll see rows and rows of Cyber Trucks unloaded to SpaceX . Cross-company shenanigans like this to unload excess inventory are accounting tricks to goose the income statement. $TSLA is in worse shape than people know.
This is how he got rid of his Cybertruck inventory. He’s a goddamn conman.
Tesla is overvalued by 20X. It’s pure science fiction like the rest of his LARPs. It’s incredible how gullible the markets are.
Investing in $TSLA is a litmus test for being stupid and gullible. A few got lucky in 2021 based on the market believing Musk’s promises but the bloom is off that rose. It ain’t coming back.
$TSLA is built on hype. FSD is defective. Optimus is a joke. Compared to the Magnificent 6:
Lowest revenue
Only company with revenue decline
By far the lowest profit
Only one with significant profit decline
P/E ratio 10x higher than Apple.
How long until Musk's chickens roost?
The guy who promised a million Robotaxis by 2020, a 500 mile electric truck for $40k, took $50k deposits for a Roadster 2 with 2020 target deliveries, promised 20 million vehicles by 2030, appreciating asset, humans on Mars by 2022 and and and, is calling the creators of the greatest invention in history scam artists.
Things that make you go “hmmm”