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Knows too little
about too much
Picture of rduckwor
posted
Both Musk and his EV's are polarizing topics. Further, I think the push by the ESG assholes to force America into EV's and EV's onto the power grid as it currently exists is lunacy.

That being said, I have always had a predatory bend to my investing habits. You don't have to love 'em to make money off them.

I watched Tesla for several weeks and believing it had a decent up side, bought into the stock when I felt it had dropped to a low point in the current market climate.

I was wrong! Tesla has continued to fall and I thought about the causes for this fall.

Two explanations: 1. I was dead wrong and should simply stuff my money into the mattress and stay away from Wall Street. 2. Something a bit more sinister is at work. <CAUTION> What follows might fit the "conspiracy theory" definition. You have been warned.

It seems to me that since Musk bought Twitter (And I DO NOT give a flying shit about Twitter.) and began making changes that the left hates, i.e. free speech if you want to call it that; there has been a concerted effort to burn his house of billions down by the media, maybe the government, and certainly the socialist left of the country.

I could be wrong, but it seems that Musk is now the "My Pillows" Mike of the late 2022 and probably the entire of 2023.

What happens from here on out remains to be seen. He certainly is guilty of stirring the pot with his continuous tweets. If he names a new CEO for Twitter, will the left leave him alone? Who knows?

It seems to illustrate to me that if you anger the left, there are no limits to their desire/ability to hurt a person or company.

RMD




TL Davis: “The Second Amendment is special, not because it protects guns, but because its violation signals a government with the intention to oppress its people…”
Remember: After the first one, the rest are free.
 
Posts: 20426 | Location: L.A. - Lower Alabama | Registered: April 06, 2008Reply With QuoteReport This Post
Striker in waiting
Picture of BurtonRW
posted Hide Post
I thought it was pretty well settled that his involvement with Twitter was irritating the Tesla folks and hurting their value on the market. At least it is in my little echo chamber of talk radio and friends.

??

ETA - just checked to make sure I'm not crazy. I'm not. There are many stories from lots of major news outlets (granted, MSM, but still major outlets) about this. Starting maybe a month ago with concerns that he was selling off Tesla stock to support his Twitter project.

-Rob




I predict that there will be many suggestions and statements about the law made here, and some of them will be spectacularly wrong. - jhe888

A=A
 
Posts: 16333 | Location: Maryland, AA Co. | Registered: March 16, 2006Reply With QuoteReport This Post
Member
posted Hide Post
As long as he voices an opinion that is contrary to what the left says , they will never leave him alone .
 
Posts: 4423 | Location: Down in Louisiana . | Registered: February 27, 2009Reply With QuoteReport This Post
Fire begets Fire
Picture of SIGnified
posted Hide Post
I’m no stock market genius… But Tesla starting to look appealing





"Pacifism is a shifty doctrine under which a man accepts the benefits of the social group without being willing to pay - and claims a halo for his dishonesty."
~Robert A. Heinlein
 
Posts: 26758 | Location: dughouse | Registered: February 04, 2003Reply With QuoteReport This Post
Thank you
Very little
Picture of HRK
posted Hide Post
Google Blackrock ESG, look at the amount of investment companies that are pushing the ESG platform.

Take leftist money managers, with Billions to invest, who inform companies that want money to expand and grow that part of them investing or pushing their stock is having a ESG program and bingo, your political social platform is now corporate governance and rules, which flows down to suppliers, employees, et al.

So one of the darlings of their cult, starts talking out of turn, no following the rules, embraces alternative thinking and he/she is no longer a beacon.

They don't like the new philosophy of not being tied to the crowd, so you shout him down, and short his stock. Let him know his billions are really "your billions".

Blackrock, Soros, et al are the backbone of the ESG social reboot of corporate America...
 
Posts: 24667 | Location: Gunshine State | Registered: November 07, 2008Reply With QuoteReport This Post
Tinker Sailor Soldier Pie
Picture of Balzé Halzé
posted Hide Post
quote:
Originally posted by rduckwor:

Two explanations: 1. I was dead wrong and should simply stuff my money into the mattress and stay away from Wall Street. 2. Something a bit more sinister is at work.



Yes, it's number 2.


~Alan

Acta Non Verba
NRA Life Member (Patron)
God, Family, Guns, Country

Men will fight and die to protect women... because women protect everything else. ~Andrew Klavan

 
Posts: 31171 | Location: Elv. 7,000 feet, Utah | Registered: October 29, 2012Reply With QuoteReport This Post
No, not like
Bill Clinton
Picture of BigSwede
posted Hide Post
I did the same in Oct, just a few dollars shy of losing half since then


He was never a friend of the conservative right, he sure is stirring the pot now

Didn't he get a shitload of tax payer money from the Obama era stimulus that helped him get off the ground?



 
Posts: 5731 | Location: GA | Registered: September 23, 2009Reply With QuoteReport This Post
Optimistic Cynic
Picture of architect
posted Hide Post
Mr. Market has but one single obsession, it isn't social justice or any other touchy-feely philosophy, it is money. When TSLA gets cheap enough, you can bet people will resume buying, and thus drive the price higher, no matter what they think of Elon as a person. In the meantime, "the market will fluctuate," "short-term results are not indicative of long-term trends," and other classic wisdom.

I own no TSLA, but I think it is a reasonable long-term play given the general trend towards EVs and the fact that Tesla occupies a premier place in that market. Of course, the "conversion" is not a given, but enough consumers seem to be buying the propaganda to make the trend irreversible. At least, I suspect there are enough investors who believe this to be true (or want to believe it to be true) to keep the stock price healthy unless and until there is some solid overwhelming evidence otherwise.
 
Posts: 6945 | Location: NoVA | Registered: July 22, 2009Reply With QuoteReport This Post
Shit don't
mean shit
posted Hide Post
Tesla P\E ratio is currently 34.57. Ford Stock is 5. Tesla market cap is currently 351 Billion. Ford is 44 Billion.

Tesla is wildly over priced. It was insane at the valuation at its high as well.
 
Posts: 5835 | Location: 7400 feet in Conifer CO | Registered: November 14, 2006Reply With QuoteReport This Post
Knows too little
about too much
Picture of rduckwor
posted Hide Post
quote:
Originally posted by 1967Goat:
Tesla P\E ratio is currently 34.57. Ford Stock is 5. Tesla market cap is currently 351 Billion. Ford is 44 Billion.

Tesla is wildly over priced. It was insane at the valuation at its high as well.


Well, I know it ain't worth much, but the analysts have a price target north of $300 on it. Wall Street doesn't always make sense but as architect says money talks and walks.

I'll hang for a while and see whats what.

RMD




TL Davis: “The Second Amendment is special, not because it protects guns, but because its violation signals a government with the intention to oppress its people…”
Remember: After the first one, the rest are free.
 
Posts: 20426 | Location: L.A. - Lower Alabama | Registered: April 06, 2008Reply With QuoteReport This Post
As Extraordinary
as Everyone Else
Picture of smlsig
posted Hide Post
I have been considering starting to accumulate some shares when it dipped below $150 and just before I did I read a technical analysis that insinuates the floor may be around $97-100…
So I’m still waiting.;-)


------------------
Eddie

Our Founding Fathers were men who understood that the right thing is not necessarily the written thing. -kkina
 
Posts: 6537 | Location: In transit | Registered: February 19, 2013Reply With QuoteReport This Post
W07VH5
Picture of mark123
posted Hide Post
quote:
Originally posted by BurtonRW:
… just checked to make sure I'm not crazy. I'm not. There are many stories from lots of major news outlets (granted, MSM, but still major outlets) about this. Starting maybe a month ago with concerns that he was selling off Tesla stock to support his Twitter project.
Do you think the MSM is the actual cause?
 
Posts: 45679 | Location: Pennsyltucky | Registered: December 05, 2001Reply With QuoteReport This Post
Fire begets Fire
Picture of SIGnified
posted Hide Post
He just exposed the whole entire goober community mess for what they do with the media… msm, social … You don’t think they’re going to seek retribution?





"Pacifism is a shifty doctrine under which a man accepts the benefits of the social group without being willing to pay - and claims a halo for his dishonesty."
~Robert A. Heinlein
 
Posts: 26758 | Location: dughouse | Registered: February 04, 2003Reply With QuoteReport This Post
W07VH5
Picture of mark123
posted Hide Post
quote:
Originally posted by SIGnified:
He just exposed the whole entire goober community mess for what they do with the media… msm, social … You don’t think they’re going to seek retribution?
This is what I’m thinking.
 
Posts: 45679 | Location: Pennsyltucky | Registered: December 05, 2001Reply With QuoteReport This Post
Partial dichotomy
posted Hide Post
TSLA hit a yearly low today of $108.25

It's around 113 in after hours trading.




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Posts: 39493 | Location: SC Lowcountry/Cape Cod | Registered: November 22, 2002Reply With QuoteReport This Post
His Royal Hiney
Picture of Rey HRH
posted Hide Post
quote:
Originally posted by rduckwor:

It seems to illustrate to me that if you anger the left, there are no limits to their desire/ability to hurt a person or company.

RMD


Oh, it seems that way to you?

Are you fucking kidding me???



"It did not really matter what we expected from life, but rather what life expected from us. We needed to stop asking about the meaning of life, and instead to think of ourselves as those who were being questioned by life – daily and hourly. Our answer must consist not in talk and meditation, but in right action and in right conduct. Life ultimately means taking the responsibility to find the right answer to its problems and to fulfill the tasks which it constantly sets for each individual." Viktor Frankl, Man's Search for Meaning, 1946.
 
Posts: 20263 | Location: The Free State of Arizona - Ditat Deus | Registered: March 24, 2011Reply With QuoteReport This Post
We Only Kneel
to Almighty God
posted Hide Post
quote:
Originally posted by SIGnified:
I’m no stock market genius… But Tesla starting to look appealing

I have been wondering the same thing. I have had no real luck with GM or Ford and don't own Tesla.

Watching some of the business channel experts they seem to think $ 103 is a buy and long hold.

Some rather wait until the stock hits a new low and starts to climb. I might purchase on the way up - then on the way down (lots of experience on buying stocks on the way down )
 
Posts: 3440 | Registered: October 13, 2006Reply With QuoteReport This Post
Optimistic Cynic
Picture of architect
posted Hide Post
Remember the immortal words of Billy Ray Valentine, "wait until it gets down around $45, that'll clear all the suckers out."
 
Posts: 6945 | Location: NoVA | Registered: July 22, 2009Reply With QuoteReport This Post
Knows too little
about too much
Picture of rduckwor
posted Hide Post
Thinking about this a bit, the socialist democrats may have their hands full trying to burn Musk. He's no dumbass and unfortunately for them, they are.

Tesla up roughly 9 bucks today.


RMD




TL Davis: “The Second Amendment is special, not because it protects guns, but because its violation signals a government with the intention to oppress its people…”
Remember: After the first one, the rest are free.
 
Posts: 20426 | Location: L.A. - Lower Alabama | Registered: April 06, 2008Reply With QuoteReport This Post
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