Elon Cleaning House

I've never thought electric cars are bad. I thought mandates were bad. When the marketplace and technology makes Electric vehicles superior to gas vehicles the public will move over naturally. That's the way it should be.

 

Crony capitalism at work.

 

LOL. Yeah, that's what Musk needed to be the richest person in the world. The delusion is real...

 

What are you even talking about? I never said anything about Musk's wealth. TSLA is up around 40% since the election. Other domestic automakers like Ford and GM are up no where near that much. Clearly the market expects TSLA to get some special benefits from Trump. Textbook crony capitalism.

 

What about big gov handouts for EV credits?

 

Or the market thought that Harris might block out and of Musk's companies if she won. But you go with the Dem view on it. Shocking...

 

This guy is an idiot! LOL

 

Do you really not know how much Musk has made from government subsidies?

 

Yeah, I'm sure 40% gain in TSLA has nothing to do with Musk's position of influence in the Trump admin and the more than $100 million Musk poured into getting Trump elected. No connection there at all.

 

TSLA was built on gov subsidies.

 

LOL. Did he force the government to give subsidies? Not his fault. He took advantage of our dumb government just like every other person was able to do.

 

Or the market was building in a lower price in case Harris won because we have a pretty good idea she would've moved to shut down Twitter, and we already know the US turned down Starlink for some stupid reason. How'd that 7 billion for internet for work out for homes in remote areas turn out? At least try to not be so partisan. I know it's hard...

 

Elon cleaned house in a different sense. Through his support of Trump he has effectively eliminated oversight of SpaceX one of the largest private contractors with Federal government. Additionally, the current NHTSA's investigation of Tesla's autonomous driving systems will also probably disappear.
U.S. Agencies Fund, and Fight With, Elon Musk. A Trump Presidency Could Give Him Power Over Them.
NHTSA probes Tesla's FSD software amid safety concerns over misleading social media posts
Can you say corruption and conflict of interest?

 

Ten years?! If you want to shift the discussion to a 10-year view or even focus on Tesla as a startup, that’s a different conversation, and let’s have it. It’s an interesting study.
My point a month ago was, and restated multiple times is that Tesla wasn’t as strong as other industries or the broader market, as shown when comparing Tesla to the S&P 500 over the past 1 or 2 years. Up to election eve. one driver is increased competition. That’s something an investor would consider. The massive surge in Tesla’s stock is very recent and is largely due to Musk’s connections with Trump. Dismissing the influence of the Trump/Fed connection just isn’t accurate analysis.

 

Thanks, you are always good a laugh. Just a couple of weeks ago you were saying that since Twitter and TSLA were separate companies, Twitter had no effect on TSLA stock. Now you're saying it does and that TSLA stock was suppressed because Harris might shut down Twitter. I love it when you dig into a ridiculous position just to argue with liberals. Let's keep this one going.

 

Gator95 today talking about why TSLA was flat until the election and then shot up 40% (because Harris might have shut down Twitter/X) if she won:

"Or the market was building in a lower price in case Harris won because we have a pretty good idea she would've moved to shut down Twitter"

And Gator95 a few weeks ago talking about how Musks purchase of Twitter had no effect on TSLA stock:

"Maybe you don’t understand. TSLA has zero to do with X. It’s like Bezos with Amazon and the Washington Post. One thing has nothing to do with the other. It’s ok, just take the L on this and let it go."

 

On that note, running the numbers, I'm estimating Musk's wealth has grown by about $52 billion in TSLA shares alone since Election Night. Which is $10 billion more than what he paid for Twitter. Let that sink in...

 

Well aware of it and so are the investors who've bought so much TSLA the last few days. When you buy a politician for $120 million or so, you get lots of favors. Investors are banking on it.

 

I haven't looked it up, but in a span of 4 business days, that has to be close to a record in terms of total net worth $ gain in 4 business days. Elon is a genius. In essence, Twitter is now profitable for him, because he leveraged it to gain Trump's trust and praise. Musk would not have been able to do this without Twitter.

 

Agree. Musk is going to be paid back with Trump's favoritism many times over. And the market knows it. That said, TSLA stock was still worth more before he bought Twitter.