Elon has become a culture warrior. That's bad for business.
-Remember when Kid Rock rolled into a monster truck show in a General Lee wrapped Cybertruck? Elon trying to pivot and get country boys to buy his truck. If you've ever heard of a coal roll, you know that shit ain't happening.
-Moving SpaceX headquarters to Texas. He did this with Tesla too, but it's a paper move. Tesla still has an engineering headquarters in the same place in California. Elon loses customers in California and gains nothing in Texas.
-Elon endorsing the Orange One is his way to preserve the EV tax credit from the Inflation Reduction Act after the election (also for personal reasons). Without the tax credit EV appeal goes way down. Which industry will the Orange One support? The entire American auto industry, all the gas companies, and all the blue collar voters…..or the vehicle of the woke – Tesla EVs? Again, Elon will lose. I guarantee big oil is asking to get the EV credit rolled back.
-Elon continues to alienate the majority of his customers. He's been doing this for awhile, but before the only competition was $100k shit cars like Rivian and Lucid. Not anymore, there's plenty of EVs that are just as good as a Tesla. Fucking Ioniq 6 is a better car…a fucking Hyundai.
-Shit tons of Tesla buyers are pissed to see their car values drop like a rock with every Tesla price cut. They won't buy another Tesla. The Tesla line up is as old as fuck too.
-Auto sales continue to fall -2.1% last month. Elon is out of his bag of tricks. People dressed up as robots, full self driving since 2019, robotaxi which will be a taxi driver from Pakistan dressed up as C3PO driving a Model 3. There's no pumps in the near term.
-Everyone bought cars post Rona. Car sales are cyclical, just like Elon's menstruation.
-Tesla is the worst of the Mag 7. The worst AI contender in the battle for AI. Tesla is a car company with the promise of tech. Until Tesla rolls out Megatron that transforms into an AR15, Tesla will remain a car company.
-Elon's pay package will be approved. That's $55 billion in dilution for a company with a $800 billion market cap (shares at $250 today). Adam Aron and Ryan Cohen are creaming their pants over this.
Yes I'm a bear. My bags are brand new porno/liquor store black plastic bags that are going to get filled with the tears of Tesla bros.
Forgot positions 9/20 $220P. Also I'm a bottom (mandatory for bears).
Posted by Omnipotent-Ape
31 Comments
Thank you OP. This is all the dd I needed. Just bought 10 more shares.
So all in, gotcha!
Post your positions then you pussy
I agree with all this, the cult will still pump.
not edgy enough
I mean he’s fluffing trump pretty hard, let’s see what gonna happen.
Thats a fine analysis except its the Chinese government pumping the stock so its all irrelevant
Just say Elon is a degenerate lying cuck. We all know it. Dude has a new accent every 6 months. He wants to be a spice cowboy…let him saddle up that horse shit rocket to mars.
Your first mistake was think Tesla is a car company, Tesla will have a million sentient AI powered humanoid robots in every home by 2025. Thats its true value
Thanks bro, just bought some 250 calls
Add to that the fact that we already started seeing BYDs in many European countries. Most are cheaper, have a good design and beat Tesla on margins.
Idk… TSLA is biggest lottery ticket in the market tbh. And i’m in.
1) FSD 12.x is crazy good. They’ve figured out how to train neural net that drives
2) Robots are huge biz. Market cap will be trillions if they pull this through
I agree. But TSLA isn’t based on fundamentals. It’s based on 1) the retail cult, 2) institutional investors who believe Musk can continue to brainwash the aforementioned cult, and 3) degenerates looking for high gains on a meme stock
All this ranting and you don’t even have positions
They’ve also been defrauding their customers with promises of full self driving which won’t ever come to fruition, that seems bound for a class action suit. I’m too much of a pussy to bet against him though.
Show your put positions on TSLA ![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4271)
Wow someone on reddit has an opinion about Elon musk !! Cool post
The is a defamation post because Elon endorsed Trump and donated to his super PAC. Libs are mad and will try and post crap like this to try and sway the public with their garbage psyops. Dry your tears and change your diaper OP. TSLA is mooning at earnings!!!
Of the largest caps, it’s one of the few, if not the only, to not be majority owned by institutions, and the retail folks are die hard cultists. There is a floor under this thing no matter how garbage the actual business is.
I’m laughing at you all the way to the bank.
[deleted]
Good luck with that
I don’t give a fuck about elon becoming an edgelord. I’m in Tesla for the sex robots.
I can’t stand him and agree with this but some how the stock will be just fine
The main problem with the cyber truck is that it sucks and is garbage, and looks stupid.
>TSLA is doo doo
Always has been! Car manufacturing is an extreme high overhead, low margin, low growth industry where companies trade at depressing multiples. You can look at every automaker in the game for the last 40 years and see that.
Anyone who bought TSLA at 1200x P/E and said “this time it’s different!” belongs here.
My far right parents love Elon. If his truck wasn’t so fucking stupid they would have 2 already.
Easiest reverse reddit moment ever in ma life
Lmao the fact that Elon’s pay package got approved meant that the majority of shareholders supported him. Try reading other news besides listening to Reddit and MSNBC bro
Not wrong. When Blackrock forced all companies into the ESG bullshit and become culture warriors it was definitely bad for a ton of companies. The same is true for the other side. Companies should stay out of politics.
If Trump manages to lose the election TSLA is gonna drop 50%