Elon Musk/Tesla

[Simon]

The dildo of consequence rarely comes lubed.

[Beany]

Good to see Led By Donkeys are keeping busy!

[mik]

Oh dear

https://stocks.apple.com/AIkIcYMg-QAmy80OgnBZInw

[integrale_evo]

Tesla stock is just bonkers anyway, none of it makes any sense. It’ll probably bounce back higher in a couple of days

[Beany]

It's a meme stock.

[Sundayjumper]

This helpful recent comparison of P/E ratios:

7648c16e-23a7-4d0b-a7cd-de696f26366f.png (27.53 KiB) Viewed 1068 times

[Mito Man]

[DaveE]

It'll be interesting to see what happens

Trump's modus operandi is usually to just sue his opponents into submission, and/or to use his social reach to just trash them

But now he's picking a fight with the world's richest man (who can afford to outspend him in court) and who owns a social media platform and has already demonstrated how he'll tweak the algorithms to amplify his own voice

Trump has never really picked a fight with anyone able to fight back - let alone someone with greater resources

[DaveE]

It's a meme stock.

I don't really follow stocks, so I may be way off here, but Tesla stock does seem to be quite volatile

Up and down by several % almost every single day

And seemingly to mainly move based on non-business/market news

These moves seem to be more influenced by whatever Musk happens to Tweet rather than what Tesla itself, competitors and other things happen (although obvs these do happen, but they're not daily events)

[mik]

It's a meme stock.

I don't really follow stocks, so I may be way off here, but Tesla stock does seem to be quite volatile

Up and down by several % almost every single day

And seemingly to mainly move based on non-business/market news

These moves seem to be more influenced by whatever Musk happens to Tweet rather than what Tesla itself, competitors and other things happen (although obvs these do happen, but they're not daily events)

As per Steve's point above - their shares are vastly over-valued. The markets always seem fickle, but as the justification for Tesla's share price isn't really tangible - their valuation is even more fickle than most.

[Jobbo]

It'll be interesting to see what happens

Trump's modus operandi is usually to just sue his opponents into submission, and/or to use his social reach to just trash them

But now he's picking a fight with the world's richest man (who can afford to outspend him in court) and who owns a social media platform and has already demonstrated how he'll tweak the algorithms to amplify his own voice

Trump has never really picked a fight with anyone able to fight back - let alone someone with greater resources

Trump doesn't need to go to court now - he can legislate Musk's companies into insolvency and can have him deported as an illegal immigrant.

[mik]

Trump doesn't need to go to court now - he can legislate Musk's companies into insolvency and can have him deported as an illegal immigrant.

As it's popular in Russia, maybe Musk will fall out of a 5th floor window?

[Rich B]

It'll be interesting to see what happens

Trump's modus operandi is usually to just sue his opponents into submission, and/or to use his social reach to just trash them

But now he's picking a fight with the world's richest man (who can afford to outspend him in court) and who owns a social media platform and has already demonstrated how he'll tweak the algorithms to amplify his own voice

Trump has never really picked a fight with anyone able to fight back - let alone someone with greater resources

Trump doesn't need to go to court now - he can legislate Musk's companies into insolvency and can have him deported as an illegal immigrant.

I expect that will involve a fair amount of “cutting off his nose” with how ingrained Musks businesses are these days…

…thanks to you know, letting a private individual run loose in the decisions and systems that run the country for 4 months!

what a fucking clown.

[Swervin_Mervin]

It'll be interesting to see what happens

Trump's modus operandi is usually to just sue his opponents into submission, and/or to use his social reach to just trash them

But now he's picking a fight with the world's richest man (who can afford to outspend him in court) and who owns a social media platform and has already demonstrated how he'll tweak the algorithms to amplify his own voice

Trump has never really picked a fight with anyone able to fight back - let alone someone with greater resources

But Trump has the MAGA vote, and that isn't going to go away.

[Beany]

It's a meme stock.

I don't really follow stocks, so I may be way off here, but Tesla stock does seem to be quite volatile

Up and down by several % almost every single day

And seemingly to mainly move based on non-business/market news

These moves seem to be more influenced by whatever Musk happens to Tweet rather than what Tesla itself, competitors and other things happen (although obvs these do happen, but they're not daily events)

Neither do I, but a meme stock is a stock prices that is more closely influenced by what memes/social media activity etc are going on around it (or in this case Musk on social media) than the actual performance of the company.

If it were any other car company and Musk were removed from history entirely but his impact still there - then with stagnant models, poor build quality, a complete flop of a truck and no real mass market (IE £25k) model, they'd be worth 10% of what they are.

The companies value comes from memes - hence, meme stock.

[Beany]

The ket has worn off and Musk is going around deleting a lot of tweets.







That he deleted a tweet about Steve Bannon - the well known white supremacist who claims not to be a white supremacist, but white supremacists really really like his ideas - shows who really has Trumps ear.

I don't think this is a publicity play - I think Musk might actually be fucked. Musk is likely about to be Trumps next patsy. Everything that's gone wrong is Musks fault. Barely knew him, maybe he brought me coffee once.

"Curse your sudden, but inevitable, betrayal" etc

[nuttinnew]

Musk delays robot release due to emergence of advanced tech competitor;

[Simon]

There's talk of them actually investigating his original Canada--> USA move when he dropped out of uni, and related Visa shenanigans to get to officially declare him a persona non grata. That would be bona fide hilarious.

[DaveE]

Tesla sales collapse in Europe:

https://arstechnica.com/cars/2025/05/te ... n-germany/

I keep seeing these headlines

"Sales down 80% in Portugal" or whatever

But how many did they ever sell in these countries?

And across the whole of Europe, what's that as a % of global sales?

Every time I see large percentages mentioned (anywhere) I always assume the actual numbers are quite small

[IanF]

Tesla sales collapse in Europe:

https://arstechnica.com/cars/2025/05/te ... n-germany/

I keep seeing these headlines

"Sales down 80% in Portugal" or whatever

But how many did they ever sell in these countries?

And across the whole of Europe, what's that as a % of global sales?

Every time I see large percentages mentioned (anywhere) I always assume the actual numbers are quite small

Tesla was the largest manufacturer in European EV sales for 3 years