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> Tesla's prospects today aren't noticeably different from how they were on November 8th, 2016 I think the evidence strongly says otherwise: Tesla closing stoc

> Tesla's prospects today aren't noticeably different from how they were on November 8th, 2016 I think the evidence strongly says otherwise: Tesla closing stock price, a quantitative measure of the market's view of their prospects and actual financing for those prospects: I'll pull out a few from around Election Day, as a more representative sample. But for better data than the excerpts below, go here and look at the 1 year and 5 year charts: https://finance.yahoo.com/quote/TSLA?p=TSLA https://finance.yahoo.com/quote/TSLA?p=TSLA * Tue, Nov 1, 2016: 190.97 (1 week before Election Day) * Tue, Nov 8, 2016: 194.94 (Election Day) * Wed, Nov 9, 2016: 190.96 * Tue, Nov 15, 2016: 183.77 ... * Generally, on Dec 2 it was 181, then it vectored mostly steadily upward to Feb 21 (277), then there was a dip and it stabilized at the current level. * Peak: Feb 13, 2017: $280.60 (about equal to approx. all-time high, last seen July 2015) * Today: 255.73 ---- Remember that Musk criticized Trump before the election. Then Musk made a dramatic turn and became Trump's supporter, to a significant extent at least, and I think in December or January (but it would be good to know when). * The stock price has shot up by 31% since Election Day, and ~50% from its ~ Dec 2 low to its Feb 13 peak. Not only does that directly help prospects, but the market clearly views Tesla's prospects as significantly better. * Multiple investment banks tie the large increase to his relationship with Trump. And at least one investment bank advised people to buy stock specifically because of the Trump relationship. See links in the GP. * Many other reports, including some I quoted, also tie his companies' prospects to his relationship to Trump, though in ways that are harder to quantify. See links in the GP. * Many accuse him of supporting Trump specifically for this reason. Again, see links in the GP. Of course, nobody can read Musk's mind, so that is always difficult to substantiate. * Search for "musk trump", and you'll find much more than the few links I posted. EDIT: made stock data a little more informative, and more clear statement in the opening

mikeash 10y ago
I don't recall Musk being a Trump supporter. He is working with Trump, but that is not the same thing. He has stated that he thinks it's better if the President has good people advising him, regardless of how one thinks of their policies. TSLA is really volatile. The market cap is absurdly larger than the company's actual assets, meaning investors are banking on massive future growth. Going from $195 to $256 isn't that big of a change IMO. Your links are either irrelevant (e.g. talking infrastructure with Trump doesn't equate to support) or speculative.
- hackuser 10y ago
  I guess I'd like to see some evidence the other way. The comments above are just denials, as in negative allegations or opinions with no support. I think I made my case very strongly, with much more evidence than 99% of comments on HN.
- babyrainbow 10y ago
  >He has stated that he thinks it's better if the President has good people advising him, regardless of how one thinks of their policies. Yes. Everything I do, I do it for you... I think Elon's Paypal experience has taught him how gullible the general public is, and is using that experience to good effect today..
  - mikeash 10y ago
    Even if you don't believe him, the fact remains that joining an advisory council is not the same as lending support. So unless there's something else he's done that actually indicates support for Trump, it's a baseless claim.
    - hackuser 10y ago
      > joining an advisory council is not the same as lending support That is your opinion, but it's not fact. I'm sure you are aware that many disagree (who have no greater claim to fact than you), including the people who bought that billboard and those who pressured Travis Kalanick (of Uber) into leaving the advisory council. It's really a matter of degree. It says that this is a person who is worth the time to advise; they are therefore intelligent, responsible, capable, they listen, and I share their values enough to associate my name with their endeavors. It doesn't say 'I support everything they do'. If Musk joined advisory council of most businesses, it would send an incredible message of support, for example (though not exactly comparable).

mikeash 10y ago

I don't recall Musk being a Trump supporter. He is working with Trump, but that is not the same thing. He has stated that he thinks it's better if the President has good people advising him, regardless of how one thinks of their policies. TSLA is really volatile. The market cap is absurdly larger than the company's actual assets, meaning investors are banking on massive future growth. Going from $195 to $256 isn't that big of a change IMO. Your links are either irrelevant (e.g. talking infrastructure with Trump doesn't equate to support) or speculative.

hackuser 10y ago
I guess I'd like to see some evidence the other way. The comments above are just denials, as in negative allegations or opinions with no support. I think I made my case very strongly, with much more evidence than 99% of comments on HN.
babyrainbow 10y ago
>He has stated that he thinks it's better if the President has good people advising him, regardless of how one thinks of their policies. Yes. Everything I do, I do it for you... I think Elon's Paypal experience has taught him how gullible the general public is, and is using that experience to good effect today..
- mikeash 10y ago
  Even if you don't believe him, the fact remains that joining an advisory council is not the same as lending support. So unless there's something else he's done that actually indicates support for Trump, it's a baseless claim.
  - hackuser 10y ago
    > joining an advisory council is not the same as lending support That is your opinion, but it's not fact. I'm sure you are aware that many disagree (who have no greater claim to fact than you), including the people who bought that billboard and those who pressured Travis Kalanick (of Uber) into leaving the advisory council. It's really a matter of degree. It says that this is a person who is worth the time to advise; they are therefore intelligent, responsible, capable, they listen, and I share their values enough to associate my name with their endeavors. It doesn't say 'I support everything they do'. If Musk joined advisory council of most businesses, it would send an incredible message of support, for example (though not exactly comparable).