Elon Musk Buys X (formerly Twitter)

Iceman said:
Those layoffs sounds harsh. Any Tesla investors still with their head in the sand that Musk is the right person for the job going forward and not totally distracted by Twitter and the culture war (which also has a knock on effect on a large proportion of the EV potential customer base) is finding out too. Tesla is supposed to be a MAG 7 stock but is not even close to half the market cap of the smallest member (Facebook/Meta). There's also another 5 companies that are bigger than Tesla now that aren't on the list.
Click to expand...

The problem is, Elon still has the most Tesla stock, and the board of directors are people he hand picked to be toadies. See how the court rejected his stupid high pay. There is no way the board is going to fire Musk.

Sadly, there is nothing Wall Street loves more than layoffs. However, the UAW is going to start looking much, much more attractive.
 
Sithborg said:
The problem is, Elon still has the most Tesla stock, and the board of directors are people he hand picked to be toadies. See how the court rejected his stupid high pay. There is no way the board is going to fire Musk.

Sadly, there is nothing Wall Street loves more than layoffs. However, the UAW is going to start looking much, much more attractive.
Click to expand...
Yeah, true, I'm not talking about the board though or any prospect of getting fired. All the other investors who have had this stock as one of their main growth picks while its value has dropped from $1.2 trillion to $520B while some other tech megacaps have seen all time highs and Nvidia almost doubled in just the last few months, overtaking Google and Amazon! Many were worried when he took on Twitter and seemed very distracted for a CEO, those fears have proven very well founded and yes layoffs can help stop the bleed for now, but layoffs on that scale are needed in the first place because the company isn't healthy (-another 4% so far today). Musk is a liability at this point. Hopefully unions can start getting a lot more influence/power over Tesla.
 
Melon’s wrecking the company, but the board is made up of family members and other ass kissers.

Tesla will ask shareholders to re-approve Musk multibillion dollar payday thrown out by judge​


Tesla shares fall to lowest in almost a year after job cuts heighten concerns about waning demand​

  • Tesla’s announced job cuts on Monday failed to quell investor concerns that largely revolve around demand for the company’s vehicles.
  • The shares plunged almost 6% on Monday and another 2.7% on Tuesday, continuing a year-to-date sell-off.
  • “Just when you think the news couldn’t get any worse for Tesla, we have EV demand questions that have been popping up over the last few quarters,” said Doug Clinton, managing partner at Deepwater Asset Management.

jalopnik.com

Don't Listen To Elon Musk, The $25,000 Tesla Probably Isn't Coming

Ignore the tweets, listen to the folks who make the cars.
jalopnik.com jalopnik.com

 
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MagnarTheGreat said:
gizmodo.com

Drive-Through Car Wash Was Too Much for Tesla Cybertruck

"That's the only thing I've done that's different. Then I pulled it in the garage, and nothing."
gizmodo.com gizmodo.com
Click to expand...
Love the fact that the vehicle that can supposedly swim across small rivers breaks down when it encounters a car wash. :funny:

electrek.co

Tesla Cybertruck is going to be 'waterproof enough' to cross rivers

Elon Musk says that Tesla Cybertruck is going to be “waterproof enough” to cross rivers and serve as a boat for short periods.
electrek.co electrek.co
 
These vehicles are best kept in a garage like a giant Funko Pop for mid-life crisis men.


finance.yahoo.com

Tesla shares fall as Deutsche Bank flags risks from focus on Robotaxi

The brokerage's commentary follows Reuters report earlier this month that Tesla decided to cancel its long-promised inexpensive car that investors hoped would drive growth, while continuing to develop Robotaxis on the same vehicle platform. Tesla has been pushing for greater adoption of its...
finance.yahoo.com finance.yahoo.com
 
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So, on 4/20, is he going to go all in with weed stuff, or is he going to throw some nazi **** in there too.
 
techcrunch.com

Tesla recalls the Cybertruck for faulty accelerator pedals that can get stuck | TechCrunch

It's technically the Cybertruck's second recall, but it is the most serious to date, and it caps a tumultuous week for Tesla.
techcrunch.com techcrunch.com
Tesla is recalling all 3,878 Cybertrucks that it has shipped to date, due to a problem where the accelerator pedal can get stuck, putting drivers at risk of a crash, according to the National Highway Traffic Safety Administration.
Click to expand...
Wow that many huh lmao

electrek.co

Tesla's biggest retail shareholder is voting against Elon Musk's $55 billion package

Tesla’s biggest retail shareholder, Leo Koguan, confirmed that he is voting against Elon Musk’s $55 billion package and the re-election...
electrek.co electrek.co
 
MagnarTheGreat said:
techcrunch.com

Tesla recalls the Cybertruck for faulty accelerator pedals that can get stuck | TechCrunch

It's technically the Cybertruck's second recall, but it is the most serious to date, and it caps a tumultuous week for Tesla.
techcrunch.com techcrunch.com

Wow that many huh lmao

electrek.co

Tesla's biggest retail shareholder is voting against Elon Musk's $55 billion package

Tesla’s biggest retail shareholder, Leo Koguan, confirmed that he is voting against Elon Musk’s $55 billion package and the re-election...
electrek.co electrek.co
Click to expand...
The company is only worth 9/10 times this pay package, it's a joke.
 
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