Summary
Tesla investors, frustrated by the stock’s decline, are demanding accountability from Elon Musk, who recently illegally demanded federal employees justify their paychecks.
Shareholders took to Musk’s social media platform X, asking him to similar list his contributions to Tesla.
The stock has fallen for six straight sessions, underperforming the Nasdaq.
Meanwhile, Musk faced backlash for overstepping in government affairs, forcing Trump to smooth tensions.
Still 40% up over the last year. But Tesla has never paid dividends. Why they investing in a supposedly profitable company, one where the market cap is too big for anyone to buy them out, when it doesn’t pay dividends?
There is some kind of shady deal going on, I bet. 0 reason why Tesla is worth more than like the next 12 biggest auto makers combined. The argument previously is that they’re a tech company with FSD, but that has become increasingly untrue as the years, missed targets, failed upgrades, and lack of implementation continue to pile up. Add-on Cyber Truck failures and Musk basically abandoning Tesla to play Govt Undertaker, and the company itself looks worse positioned than at any point in time.
Market cap isn’t the same as market share, the reason their market cap is so high is because people are bad at investing and can be easily manipulated by a con man.
We’re saying the same thing, just one more eloquently than the other (you than me lol).
I was mainly meaning that there doesn’t really have to be a shady reason their market cap is so high, people are just dumb.
Fair, but I do think it is deeper. His current ties to the administration have some current implications, but even prior to that, the amount he received with govt contracts and his habit of over-promising and under-delivering make me skeptical that the upwards trajectory can largely be blamed on retail investors. His cult of personality certainly is a portion of it, but I don’t think it would just be that.
I’m also just a stupid person bitching on the internet, though, so give me thoughts whatever weight you’d prefer lmao.
I don’t think it’s solely because of retail investors, there are a lot of venture capital firms that are also really stupid about where they keep their money, as well as foreign investors like the Saudi.
Imo when the market overcooks right before a recession a lot of capital holders don’t really know what to do with their money and so they end up investing in things like Tesla, the next tallest building in the world, or weird projects like Neom.
I mean, next tallest building in the world is at least a tangible object lol. FSD is 1s and 0s that they say work given very narrow parameters and weather. But yeah, completely agree
IMO its currently propped up by two effects. Musk going hard right making investors think Republicans will buy Teslas to support Trump. I also think they believe that Musk being in the government will get Trump to hand Telsa some sweet government money.
It’s turning out that Republicans won’t buy Teslas even if Musk is full Nazi. Plus, Tesla has lost the entire rest of the world market by going full Trump.
Because if i bought last year and sold this year, id make 40% on my money. Thats why people keep buying in
Yeah, but we know what happens with bubbles.
They pop. But they always recover to new highs. So the people that get screwed are the people investing on margin, using stock options, or who sell low. If you hold your position, you’ll be fine in the long run. Line always go up
I mean of course they’re going to be reticent to comment. Didn’t they just give him like $50 bill? Gotta save face and keep quiet about that… or they look like idiots too.
Because the line only goes up! Line never go down!
I’m guessing they don’t care about dividends?
They simply borrow all the money they could possibly want on the perceived collateral of their stock.