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this is simply to keep the stock price at a certain level. half of everything he says is to feed into an image which keeps that stock at that level.
by rory_isAdonk 6y ago
this is simply to keep the stock price at a certain level. half of everything he says is to feed into an image which keeps that stock at that level.
- maxlamb 6y agoBut didn't he say a couple of weeks ago that Tesla's stock price is too high? So is he trying to increase or decrease the stock price?
- nickik 6y agoThat is such nonsensical believe that is blows my mind that people actually think it. Do you really think Elon has a whole communication strategy design to 'keep the stock high' but then tweets 'the stock is to high'. How exactly does that make any sense at all? He does the exact same thing with SpaceX and there is no stock market there. Why would he do that? This has been his method before Tesla was a stock company as well. The same for the Boring company that only has a few investors, mostly him. The reason he says what he says is the same as it has always been and he has explained this 100 times already, he sets targets that are very optimistic and he sets them publicaly, and even if they are off by 10% it still very fast. You can't achieve high goals unless you set them, and that is what he believes and how he has run his companies. Elon has also said 100x that the short term stock market really doesn't matter to him, and he has proven that over and over again. The reason for the stock price is not because what Musk says but what people believe the company can do and because Elon makes it clear what the priority is for them. It does not mean more then 1% of inverters believe Model Y will actually roll of the line in Texas by the end of they year.