Elon Musk: Not Especially Smart, Little Business Sense

His lies followed by a correction are starting to pile up

 

Tesla down to 281 a share. Run for the hills! He’s running the company into the ground. My wager offer still stands.

 

People love a Tesla...

 

Epic loss of value. In fairness it did run up alot before it plummeted.

Tesla Stock Dives. The ‘Buyers Strike’ Is a Real Problem for Musk. - Barron's

In a Monday report, Morgan Stanley analyst Adam Jonas characterized weak sales numbers as a “buyers’ strike,” with CEO Elon Musk’s increasingly political activity turning off core Tesla buyers—politically left-leaning people looking to go green.

The data have left investors looking for any new positives. Few have emerged.

 

Jonas also has a buy rating on the stock with a $430 price target. He seems to be one of the few that understand car sales don’t matter to the future of Tesla. Will eventually make up less than 15% of its total revenue.

 

A car company where car sales don't matter, sort of representative of our scam (er tech)-driven economy

 

It’s encouraging to hear that a man with little smarts or business sense can become the richest man in the world. I think I may give it a shot.

 

May not be the flex you think it is. Auto is 81% today. You might as well bet on a start up. Elon's twitter deal to become the "one app" isnt doing anything like that.

 

Uh no not even close. I’ve been following Tesla stock for over a decade. Analysts have historically misjudged it. Go research robotaxis and humanoids. Or don’t I don’t care. I own the stock and am adding to it constantly when I can, especially at these levels.

 

That’s only if you ever considered it a true car company. It isn’t.

 

Well yes, all the companies that want to inject VC investment cant call themselves what they actually do anymore, like I said its a scam economy. Uber isnt a taxi/delivery service either, its actually a tech company, even though they are a taxi/delivery service.

 

Good luck. No one can predict the future but the fly wheel of Tesla is automotive and suggesting they can lose that and not miss a beat seems risky. We will see though. Amazon makes its money on AWS not retail but it sales are still 80% retail.

 

Another new story on falling sales.

Tesla sales plunge 75 pct in Germany as consumers react to Musk's far right meddling

 

2027?!? . Ok I wager AOC will be potus in the next 35 years.

 

22 months vs 35 years. Good comparison

 

That’s a big protest at a car dealership.

 

NYC street sign:

 

good news is they aren’t burning down the city as usual…..yet. Meanwhile in other news you have people like my neighbor who just went out and bought a Tesla and loves it. He’s too busy to Astroturf because he has gainful employment .