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.
this post was submitted on 20 Mar 2025
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Good luck getting that proven in a court
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.
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.
Common Sense Skeptic's videos sure are fun to watch again.
I like it when Nazi man-children cry.
Just cry?
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
Does anyone else think the "happening in my town of (insert town name here)" is a bot account he set up to blow up small isolated incidents?
Their handle "Elizabeth for NV" would suggest that they might be a politician or political candidate
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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.
This is from the same guy who said Hitler didn't kill millions of people. He's being deliberately obtuse and he thinks everyone must be stupid.
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We brought him a little taste of civil war. He's just mad he's on the losing side.
Property damage is not violence, say it with me now
"it with me now"
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Musk: "Civil War is Inevitable!"
People destroy his company's products.
Tracking devices with car (driving) features*
Thoughts and prayers.
What did he think was going to happen?
Like everyone down there, they feel it will happen to everyone else, not them.
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