I’m still not convinced that isn’t just insurance fraud to try to recoup some money for junky cars no one wants while pretending he’s a political victim.
Good luck getting that proven in a court
You know what’s horrific and evil? Cutting Medicaid and social security for millions of people because your billions of dollars isn’t enough money to make up for the fact that you’re a giant man baby.
The best thing about this is that Tesla is massively overvalued. Like, the stock price is more than 20x what it should be based on Tesla’s earnings.
If Tesla had a reasonable value, then hedge fund managers and other rich people would probably be buying it while it was temporarily down and getting rich as it went back up. But, with it so insanely overvalued, it’s much more likely they’ll short it or buy put options and hope to get rich when it finally crashes.
Relatively speaking, Tesla is far less overvalued than in the past.
At one point their market cap exceeded every other automaker in the world COMBINED.
That might make sense if they were making unprecedented loads of money but of course they got trounced in sales compared to Toyota then and now.
Yes, it was at something like 30x overvalued, now it’s only 20x overvalued.
Glad you mentioned Toyota. Their P/E ratio is approximately 7. Tesla is approximately 100. If Tesla were a well run car company with a lot of good vehicles and an anonymous CEO who nobody hates, the fair value of their stock would be about $14 per share. It’s currently $236 per share.
Someone is going to make mountains of money shorting Tesla stock, but unfortunately it’s going to be someone rich. The market can remain irrational much longer than normal people can remain solvent. Some rich dude is going to take the risk though and make out like a bandit.
NOOOOO don’t look at P/E ratios (the auto sector has always had extraordinarily low P/E ratios) you have to look at relative PEG ratios!
At least that was the copium years ago. Now that their sales growth has petered out globally (even before all of the President Musk backlash) and China has free-money’d their way to a technological advantage for EVs I don’t even understand it anymore. The other automakers are either caught up or rapidly approaching and the thing I’ve been saying for years (PHEVs are superior to BEVs for most people) is being proven true.
Before I called it hysteria and FOMO and blind optimism but now I just don’t get it.
How the hell do Elon and other oligarchs feel so safe to call for a literal civil war? He thinks the other side cares more about fighting Joe Bob more than the billionaires? Such strange delusional behavior
The funny thing is the first tweet was right, just wrong in his intention. I don’t see this ending without a civil war.
It’s what they want. They are gambling on it.
As long as they don’t step into canada, all that will be waiting is a bullet and a disgraceful burial.
I think it’s what we want too at this point though.
Serious question, what are we meant to do with all the die-hard Trumpers? Like there are people who are willing to kill for him, people who have gladly sacrificed their relationships with their friends and family for him. Even in the absolute fantasy world where the U.S. gov could be fixed via electoralism, we’d still have about a third of the country that is hungry to kill the other 2/3rds.
At this point it looks like our options are either re-education camps, or bloodshed.
I don’t understand how you guys down south are still asking this question? It’s obvious to us up in Canada, how is it not clear to you that you are ALSO and probably even moreso going through an existential threat. Get prepared, be ready, start that now. I know we are.
maybe because it would be nice to avoid having our entire country kill each other? Maybe because all the people who have been brainwashed by our right-wing propoganda centers don’t really deserve to die just because they were duped?
What, are we supposed to be happy that we’re rapidly heading towards the bloodiest conflict America has ever seen, just full speed ahead on death and destruction? You think it’s pointless to even try and care about the monumental loss of life?
Homie, you need to mentally prepare for the equivalent of what people went through during WWII.
He assumed his opponents would kill random people instead of targeting his property.
He probably can’t even comprehend a worldview where people prefer to attack wealth over taking another human being’s life.
That would require empathy, which he considers a weakness. So he probably is genuinely baffled by this.
I don’t know if he consider that a weakness.
He’s a narcissist and it’s how they work, they just miss empathy and they can’t recognize their errors.
I was looking for someone saying this. He was envisioning a bunch of us poors fighting each other when he called for civil war. He never thought it would be all of us against him.
It really does show that violence might be the only way to get through to these people. Not that I would ever advocate for such a thing directly myself of course of course. But if this is the only thing that gets their attention, it seems like he’s inviting more of it.
Common Sense Skeptic’s videos sure are fun to watch again.
I like it when Nazi man-children cry.
Just cry?
I love that we have found a way to hurt him, keep it up.
Burning lithium batteries are explosive, toxic and released heavy metals.
There’s a limited supply of the materials for EVs and e-bikes but a huge value in replacing gas cars with these vehicles.
Burning these huge batteries harms people breathing the air in the area.
Waaah, waaaah, waaah…!
Yeah, it’d be better just to cease their purchase and let them sit, completely useless. A burnt car gets an insurance payout. What about throwing those giant stickers on the windshield that don’t peel off without ripping and leave a ridiculous mess? There was a Russian YouTube channel where people would do that to people driving on sidewalks.
Bonus money and business for car detailers? Lol
I thought Teslas (or maybe just the Cyber truck?) wasn’t insurable. I thought that was the whole reason Tesla has to offer car insurance, because regular insurers won’t cover them.
Yeah, maybe. I didn’t know that was a thing, but I believe it
throwing those giant stickers on the windshield that don’t peel off without ripping
I read that in snowcrash, didn’t know it was a real thing.
hey what if we used trains with overhead wire instead? they’re better in basically every way, especially someplace relatively flat like vegas.
Yeah I absolutely love the video made by some guy, I forget his name, but it basically lambasted the “Tesla tunnel” in Vegas because for the same amount of money or even less they could have built an actual Subway train.
Probably “Adam Something”
Yep that’s the one.
Has he even said ‘Thank You’ ONCE yet??? So ungrateful…
And he’s not wearing a suit either
Your self-driving Teslas literally drove a woman to the sea where it acted as her watery coffin, this was also the sister-in-law of a major Senator of the party YOU support
Can’t imagine what they’d do to people you actually don’t like.
I thought it was a pond on a ranch and she was drunk driving and the primary issue was the doors wouldn’t open so she drowned in the car? There was also recently a Cybertruck that crashed and burst into flames and the doors wouldn’t open so the teenagers inside were burned to death in what could have otherwise been a survivable crash.
The problem is the physical latch is hidden for esthetic purposes. So when something happens that cuts power to the main door release, it’s not easy to find the physical latch.
So for liability purposes they get to argue that those people weren’t locked in, they just didn’t know the safely mechanisms well enough.
In other words, they’re built to kill you and get away with it.
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genocide? cool and good. black bagging people for protected speech? yeah, pretty fucking cool. letting people die of preventable disease and disaster? yeah, what are you, gay?
but damaging a car? you’re basically the worst thing a person can be.
not damaging a car, what he considers attacking his ego by damaging his worthless scrap heaps. Weight on the word his, as they remain his cars even if you pay for them. he can take control of them or do whatever so you literally can’t even own a tesla, only suck up to musk.
Property damage is not violence, say it with me now
“it with me now”
What I meant to say was that you’re wrong. Destruction is violent any way you cut it.
Don’t spout dumb shit so quickly.
Ask AI if destroying someone else’s private property is a violent act.
“Say it with me now”
Ew god… I don’t know why I torture myself like this.
Elon has done some impressive things but his voice carry’s as much weight as the president. Even more. To call for civil war seems reckless and will stir up the MAGA side. So with all his money and power he isn’t able to form some kind of mediation between all parties. He could be a beacon of reason and peace with his immense wealth. Why choose this path so quickly.
Because MAGA doesn’t respect discourse, only shows of strength no matter how sloppy or feeble
MAGA is also under the false impression that liberals don’t own guns.
