General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe funny part is that Tesla-stocks aren't actually tanking.
Tesla-stocks are at the same level that they had been from 2021 to October 2024. They went up massively in October 2024 when Musk threw in with Trump, due to hype.
Tesla-stock was artificially pumped up by MAGA-hype. And now the stock is simply correcting back to a more realistic value (which is still drastically overvalued when judging Tesla by the same metrics as other car-companies).
So, why the panic? Why is Musk panicking?
Because he uses his Tesla-stocks as collateral for loans. Because he uses Tesla-stocks to pay out.
Musk assumed that the hype of October 2024-February 2025 would be permanent and he geared his financial decisions accordingly. He spent money THAT HE HAD COUNTED ON TO HAPPEN but the problem is that this profit simply didn't materialize.
That's why Musk is panicking: He has overspent. He has stretched himself financially too thin. With loans and investments that he suddenly can no longer cover. And if word gets out that Boy Wonder, real-life Tony Stark, the Genius, the man who will revolutionize space-travel, the man who will bring us to Mars, the Man who will bring us robo-taxis, the man who will bring us AI-robots, is in financial trouble and CANNOT DELIVER on the wild promises of future success that keep the investors from demanding hard results.................................

kimbutgar
(25,010 posts)Blue Owl
(56,168 posts)unblock
(55,068 posts)he's still worth, what, 320 billion?
i think he borrow most of the 44 billion for twitter against his tsla stock, and he spent a measly 277 million probably cheating the election for donnie.
he can't be happy the recent downturn in his fortunes, but i don't think he's in any imminent danger of disaster.
i think his primary motivation in doge has been to kill all the investigations against him. he's trashed funding to those agencies and even got specific investigators fired. that said, i'm sure he's also enjoying playing out his nazi fantasies as well....
Think. Again.
(22,330 posts)...rarely does a stock price only represent the actual value of that portion of a company.
Quite a lot of what determines the amount that people pay for stock is sentiment, or what people suppose that portion of the company would be worth under certain possible circumstances.
And then you have daytraders and short-sellers manipulating it all the time.
patphil
(7,775 posts)And now he's experiencing a "dead Musk bounce", i.e. a splat.
This is only the beginning of his troubles. At some point in time he'll be called on to pay for all the damage he did to people's careers, health, financial security, families, safety...anything that people need to make them able to live their lives without fear, without stress, without anxiety over their children's future, and generally without seeing all their hopes and dreams disappear in a cloud of chain saw exhaust.
It's like he's daring people to come after him with torches and pitchforks.
Just sayin', if he keeps this up he's gonna have millions of people calling for his head on a pike.
Just sayin'.
GAtomboy
(281 posts)He is loathsome and I cant wait to see Karma bitch slap him.
allegorical oracle
(4,819 posts)Walleye
(40,001 posts)stoned
(334 posts)that are primarily invested in mutual funds, and Telsa is in most/all of those funds. I am perfectly happy to see the stock dip so I can buy low, but I don't want to see it crash as my first retirement will be available shortly. I have no control over the stocks that these funds pick. But I keep emotion out of my investments anyway and own some Telsa stock on the side in my own accounts too. Its been a great investment over the medium-term and I'm sure it will continue to perform well.