Elon Cleaning House

I'm starting to lean in on the idea that JD Vance is Elon's real ace in the hole. Once (if) Trump is elected, one of those republican assassins will succeed, and the Tech Bros will swoop in and take over the country. Of course I may just be watching too much of the Lincoln Projects ads. lolz

 

Whoops. 60% reduction in Democrats buying Teslas. Went from 40% to 15%. Sales are negative in California.

WSJ: Some potential Tesla buyers couldn’t stomach a purchase amid the CEO’s fall outbursts, data suggest

 

On X, Elon Musk is misinformation’s megaphone

 

Haven't seen the whole article, but WSJ is reporting that Musk has been in frequent contact with Putin since 2022.

So done with that creep.

https://www.wsj.com/world/russia/musk-putin-secret-conversations-37e1c187

 

Politico hits the key points
Musk has been in secret contact with Putin since 2022, says bombshell new report – POLITICO

 

I read the WSJ report, and it is laced with innuendo that Musk will be staying away from balconies and windows. Musk’s SpaceX and Starlink private interests will conflict with US political interests under a Harris admin. Trump win would tell me Elon is going to triple his net worth.

 

Elon Musk, Trump allies say his tariff plans could cause short-term pain for consumers

Elon Musk agrees: Trump’s economic plans will lead to ‘hardship’

 

Judge won't block Elon Musk's $1 million giveaways on eve of election

A Pennsylvania judge on Monday rejected Philadelphia District Attorney Larry Krasner’s attempt to block tech multibillionaire Elon Musk's $1 million daily giveaways to voters in swing states on the eve of the presidential election.

Lawyers for Musk's pro-Trump Super PAC had argued that the political action committee picks winners of the lucrative payouts based on who would be good spokespeople for its agenda and not registered voters at random − as Musk had initially described the prizes.

Chris Gober, a lawyer for the PAC, made that argument in an effort to persuade Judge Angelo Foglietta that the giveaway was not an "illegal lottery," as Krasner alleged in a lawsuit seeking to block the payments. Musk, a staunch supporter of former President Donald Trump, has said the final winner will be announced on Election Day, Tuesday.

 

Elon’s perspective is that immigrants will get amnesty, path to citizenship, block vote as Dems = no more “elections” because it be one sided.

well, that is a lot of mental hurdles.

 

Was wondering if you were going to update the Stock market gainers and losers...

Here's an updated chart of TSLA Stock fyi.

 

Sure! Markets have been on a tear over the past two years (see below). The market saw a nice boost last week with the election, but it’s a bit flat at the moment. The key driver last week was of course Trump winning and his promised tax cuts. However, on the flip side, the bond market performed poorly, anticipating that a Trump/MAGA government will increase deficit spending, even more than it already is. And also their policies could lead to rising inflation again.

 

Interesting you didn't post that now TSLA is beating the S&P on the year since that was the purpose of your post on Oct 7th of this year. Nothing talking about Markets being on a tear over the past 2 years LOL. Here is an updated TSLA vs SPY since Jan 2024. YTD TSLA is up 43% on the year, SPY is up 27%.

Spy

 

Tesla's made some huge gains following Musk's close association with Trump.

I guess the market's planning on them getting some huge government contracts? That or everyone will start buying EVs?

 

Actually, over the last two years, ending last Monday, Tesla underperformed the market by about 20%-not good. It did see a big boost after Trump won, as Musk is his right-hand man, and favorable government intervention is expected.

Similarly, a few prison stocks jumped by over 70%, also driven by political & policy motivations. But looking back and pointing out these stock surges is like saying, “I told you it was going to hit black” after the fact.

I would strongly recommend investors not to invest their 401k’s based on an expected political decisions or politics in general. Or at most have only have a smaller “fun investing” account where you try to pick TSLA, DJT, or a CXW (prison stock). That’s what I do.

 

Of course you can look at a snap shot and make the data look a certain way. TSLA is out performing the S&P over pretty much any metric for the last 5+ Years.

 

I used a 2-year timeframe to provide a broader perspective, similar to what I did in the “thanks Biden, market at 6000” thread. Five years would bring in the effects of COVID and the Trump era, and my app doesn’t have a 3-year option (below). However for TSLA, over the 1-year period ending last Monday, it performed even worse. And that’s my point.

When discussing TSLA’s stock performance over any period-to date, it should be noted the factors behind a sudden spike. In this case the potential for favorable intervention from the Fed and Trump. The same applies to prison stocks.

 

LOL, you tried a gotcha moment showing that in Oct when you checked the S&P was outperforming TSLA. I showed if you did it today TSLA is out performing the S&P. Also, you can use most any metric and TSLA will be out performing the S&P the last decade. Not a debate at all. 10 year return on TSLA is almost 1,900% and S&P is about 230%.

 

So electric cars are good now

He’s trolling and grifting. He can back-end a massive tariff on BYD and Nio. LOL. Meanwhile liberals worried about the environment feed his profits.