Elon Musk/Tesla

[Simon]

The stock is down 9% today and it's dragged the whole index down.

Just another 300 dollars to go.

[mik]

Down 24% over the last month

[Simon]

Rookie numbers! Sell it down to 50!

[RobYob]

Knowing nothing about the share market it's interesting that Tesla have been going down since December last year and I can't see any spikes directly correlating with Musk's various shit stirrings. But BYD has gone up 30% since late January.

[Sundayjumper]

Stuff like this isn’t helping.

IMG_3638.jpeg (75.89 KiB) Viewed 5931 times

[Sundayjumper]

Genius at work again.

IMG_3641.jpeg (63.56 KiB) Viewed 5913 times

[Beany]

Must is the sort of person to think that if you go up really high in a helicopter, the earth would turn beneath you, saving huge amounts of fuel.

[integrale_evo]

Well the earth is turning about 20,000mph so why not?

Hyperloop2!!

Vertical launch and hover, go anywhere you want on the planet in under 15 minutes!! Yeaaaaahhh DOGE!!!

[Marv]

Is Elon a flat earther now?

[Sundayjumper]

Well the earth is turning about 20,000mph so why not?

Hyperloop2!!

Vertical launch and hover, go anywhere you want on the planet in under 15 minutes!! Yeaaaaahhh DOGE!!!

Anywhere on the same latitude, and it’ll take up to 24h to get there

[DaveE]

Down 24% over the last month

Sadly it's still up something like 90% over the last six months, even allowing for the massive drop (that followed the huge spike after the inauguration)

[Simon]

Up 42% over the last 6 months, but this drop compared to the greater market and mag 7 is fairly unprecedented.

[Beany]

I wonder how much of Musks finances are heavily leveraged against the value of Tesla shares....

[IanF]

[Nefarious]

I wonder how much of Musks finances are heavily leveraged against the value of Tesla shares....

https://slate.com/technology/2025/02/el ... pacex.html

Sadly, not enough to bankrupt him.

The TL:DR version - the pile is fucking huge, and even if he took a *massive* bath, banks and other investors would still be willing to bankroll the cult of Elon before he was forced into any firesales. Pity.

[Mito Man]

I reckon the current administration push forward robo taxis and we get a few high profile gory deaths and that’ll really plummet the stock. It may have another run leading up to that though. The November run was also pretty meaningless in real terms - the stock went up purely on the election win rather than solid numbers behind it so it was always going to give it back.

SpaceX will be the real long term money maker if it ever gets an IPO. Barely any competition and much harder to catch up. Tesla is massively overvalued on the dream of a self driving car but how much can you con investors into selling a dream about becoming multi planetary. Probably trillions.

[integrale_evo]

Who is responsible if a robotaxi crashes? The owner / operator? The manufacturer? The software engineer who wrote the code?

I don’t really understand how they can work, because there are plenty of examples of self driving not working properly. I’d assume the taxis would have a more advanced setup with actual radar, but still… especially with no brake pedal or wheel to grab hold of if it does an obvious fuckup

[Mito Man]

Depends how the court case goes and how many cronies Elon puts into the NHTSA
Wouldn't want to own one though, imagine it gets into an accident and the investigation finds a slight misalignment contributed and you end up screwed for life.

[RobYob]

Depends how the court case goes and how many cronies Elon puts into the NHTSA

Tesla FC*D insurance fully underwritten by the Feds, I'm calling it.

[240PP]

Last part is illuminating. I never really follow what Musk is up to so wasn’t aware of these numbers.