I am happy that Elon is promoting legendary āDeus Exā games franchise, but hopefully he can do it in a more helpful and positive fashion.
strikes me that the tweet was just to trigger this sort of reactionā¦ the guy did say they donāt spend any money on advertising.
because the media does it for free every time he causes something xD
Exactly lol. Luckily the SEC arenāt investigating it, likely because he said it in his own opinion, however they are investigating the tweet from December saying the stock is high. I think he might get away with that one too because he didnāt say it was ātooā high rather just said itās high, which was in relation to where it was before the spike
I dislike Tesla and the whole business model of spending billions to wasteā¦
But it is fun to watch Musk go against the flow, or when all zag he zigsā¦ Even for his coronacrap tweetz/statementsā¦
For that hatās off.
Spending billions to waste ? What do you mean ?
Manipulating the stock ?
Well, who sells tesla stock when musk tweets this type of stuff ? You gotta not be paying attention Or youāre a short term trader so you should in fact be praising him ! But seriously, people are so unsure of themselves on choosing their investments that the stock moves a lot when Elon tweets ? I say, it moves a lot regardless, and itās just an excuse ! Just look at the past moves, which happen all the time, and are blamedā¦ well, I guess no one in particular so itās more fun to look at the one time where it was correlated with an Elon tweet.
I mean Iām amazed in general at what type of people could sell off when Elon tweets ! Picture some people in a suit, investing millions in Tesla, massively selling off because of tweets like these ? It just doesnāt make sense. I think thatās not whatās happening, or at least it moves only because of people that arenāt really sure of their investment. If he was saying he fell sick, or that he was fired or something bad, sure. But this ? Well, heās done it again and again ! Heās probably laughing hard but feeling pretty happy heāll be able to colonise mars easier !
Also, when he tweets, it just shows heās well as usual ! Iād be worried if he didnāt tweet, or if he changed his habits of tweeting. Thatād make me worry heās not gonna be the genius he has been up till now !
Sure if Warren Buffett sells his positions in Airlines, meh - maybe itās just not for him.
But when a CEO says āWhoās buying my overpriced crap over here??ā - maybe people should run.
Elon doesnāt care about the share price, just his missions of EVs and populating mars
Its does hurt his ego when the price goes down and ppl say bad things about him, think this tweet was more a preemptive strike on himself before others got thereā¦ or something to do with his g/f about to have a baby at the time!
I mean that company which exists for ~17 years give or take, has yet to have a single year of profitability. It totalled 4 quarters of net profits since inceptionā¦
Thats because all the money raised is ploughed back into the company, R&D, building factories etc.
No dividends because that isnāt important to them
Iām a Tesla ābelieverā.
That being saidā¦ the current company valuation and stock price is just insane, I think people already forgot the tech bubble and how crap can be this VC models of āprintingā infinity magical money.
Also, rockstars CEOs brings more harm than good for the industry.
How so ? Like steve jobs ? Was that a problem ? I donāt really see why, although I guess it could maybe cause people to think itās all thanks to the guy ?
I think thatās pretty obvious, I guess some people donāt agree that their money, as investors, is better invested in the company theyāre invested in, than in their pockets ! Well then, donāt invest in Tesla, but anyway whatās that to do with Elon and ābeing incapable to run a businessā?
Well I guess 5-6 billions of net losses in last few years is business as usual.
Good company should be discerned by balance sheet. I guess same rules donāt apply to cult type companiesā¦
This was only possible in this decade, as it was decade of cheap and accessible fundingsā¦ tesla is out there since 2003ā¦
Just donātā¦ please
Lolā¦ I sold just before his tweet. And bought again after it dropped by chanceā¦ see that its bounced back ok
My bad, this was meant to be a reply and not a new post
Iād sayā¦ itās gonna move
Iām waiting for that moment when Joe Rogan hands him some weed againā¦