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Is this really news or is it being posted as snark at Elon? Most of the market is down, outside of energy and defense sectors. Tech and tech related things hav

Is this really news or is it being posted as snark at Elon? Most of the market is down, outside of energy and defense sectors. Tech and tech related things have taken a massive hit. Tesla was massively overvalued on future sales. Given we going to a recession predicted as hard landing, its within reason this stock drops and more than Toyota, honda etc But sure, Tesla is suffering because elon is too focused on Twitter. feels more to me like corporate news media and progressive allies have a fight with elon. they wanted him to close the Twitter deal, then they were upset elon got rid of the woke crowd running the company. now now i keep hearing Twitter is about to collapse and Tesla is collapsing, all because of elon. i don’t buy this narrative. Nope. and from the corporate news media reports, i had a fairly negative perception of this guy until i saw his interviews and on some podcasts. he’s brash but ultimately he threatens publishing industry with what he might do at Twitter. corporate media fears him and almost has a 24/7 section devoted to him and his companies, just to get ahead in case he knives them like trump did.

clouddrover 4y ago
> feels more to me like corporate news media and progressive allies have a fight with elon. The fact that it feels this way to you is exactly the problem. It's pointless to politicize a car company but that's what Musk has gone ahead and done. It's not helping Tesla's stock price and it's not helping Tesla sell cars. > they wanted him to close the Twitter deal Musk signed a binding agreement to buy Twitter and then spent six months trying to back out of the deal. When Musk realized a contract is a contract and he wasn't going to win in court, he finally closed the deal. No one has done this to him. He did it to himself.
- chitowneats 4y ago
  [flagged]
  - clouddrover 4y ago
    Musk is too closely associated with the Tesla brand. The things the "Technoking" of Tesla does to make himself look bad also makes Tesla look bad. That's the practical reality of it whether you like it or not.
    - chitowneats 4y ago
      I can never keep it straight: Is he a grifter business guy with no real influence on the success of Tesla, or the "Technoking" of the company, as you (admittedly amusingly) put it? It's not Musk who politicized Tesla. It's our culture that's so overtly politicized that the man can't have a single eccentric, interesting, or contrarian opinion while being the CEO of Tesla, without people seeking to punish the company over it out of spite.
      - clouddrover 4y ago
        > "Technoking" of the company, as you (admittedly amusingly) put it? I didn't put it that way, Musk did: https://www.theverge.com/2021/3/15/22331315/elon-musk-tesla-technoking-title-ceo https://www.theverge.com/2021/3/15/22331315/elon-musk-tesla-... > It's not Musk who politicized Tesla. Yes it is. His antics and his absence is why there are calls for him to get his focus back on Tesla or be replaced at Tesla by a full time CEO: https://futurism.com/the-byte/tesla-shareholder-ditch-elon-musk https://futurism.com/the-byte/tesla-shareholder-ditch-elon-m... https://www.bizjournals.com/austin/news/2022/12/27/tesla-stock-elon-musk-ceo.html https://www.bizjournals.com/austin/news/2022/12/27/tesla-sto... https://www.theguardian.com/technology/2022/dec/27/tesla-stock-drops-lowest-close-years-elon-musk https://www.theguardian.com/technology/2022/dec/27/tesla-sto...
        chitowneats 4y ago
        If a founder or executive is distracted by another business venture, that's an issue. It has nothing to do with "politics", except in the minds of his critics.
        4y ago
  - meepmorp 4y ago
    > Let me see those downvotes on this shadow banned account, folks. Don't wear out your index fingers. Why do people do this? State your point, don't preemptively whine about the reaction.
    - chitowneats 4y ago
      I thought I was making it clear that I welcome it. If I cared about internet points on this account, I'd never post anything positive about Elon Musk here.
      - meepmorp 4y ago
        If you didn't care about internet points, you wouldn't bring them up in the first place.
        chitowneats 4y ago
        [flagged]
        meepmorp 4y ago
        You're welcome. I'm glad you learned something about yourself.
- birdymcbird 4y ago
  > No one has done this to him. He did it to himself done what exactly to himself? hes still one of the wealthiest people on the planet. he could literally shutdown Twitter tomorrow and the people who’d cry the hardest are the ones cheering for twitters collapse, on Twitter, who refuse to leave. elon is still running spacex, Twitter, and boring company. if he lost every dime and every company, he’d get the Silicon Valley vc funding, even in this economic climate, to go do the next thing. one thing elon has done he doesn’t get credit for is ripping the mask off this massive grift in the tech industry. With over half of the Twitter workforce gone, the site runs just fine. what exactly were these people doing? in fact, they had little to no productive output of course with exception of their culture war/far left battles they were fighting in cahoots with government. i digress but this grift is widespread across google, meta, amazon.. all big tech. class of professional managers and a propped up elite who produce little economic output. 20% of the biz drives bottom line for the other 80%’s empire building, territorial wars, and bloated bureaucratic nonsense. no one wants to come out and say it in fear of attacks from the corporate media, but these execs are taking note from what Elon just pulled off, in big tech and Silicon Valley vc backed companies alike
  - clouddrover 4y ago
    > done what exactly to himself? Bought Twitter, made himself look foolish doing it, and continues to make himself look foolish in the running of it.
    - birdymcbird 4y ago
      > Bought Twitter, made himself look foolish doing it, and continues to make himself look foolish in the running of it. to who? you? corporate media? this is nothing personal but do you honestly believe musk cares about how you or the corporate media portrays him? that it clouds his mind in the morning “oh no, I look like a fool?” Are we talking about musk, whose resume includes spacex, tesla, boring company, paypal? Are you sure we’re not talking about kim kardashian? The guy has money and influence at the .1% but it’s the fear of “looking” like a fool?
      - 4y ago
ehsankia 4y ago
> Most of the market is down, outside of energy and defense sectors. Tech and tech related things have taken a massive hit. While that's true, if you look at S&P 500, or even just a bunch of tech stocks like GOOG or MSFT, it's pretty clear Tesla is doing much worse still. https://i.imgur.com/JbbyghN.png https://i.imgur.com/JbbyghN.png
- chrisbolt 4y ago
  For context, 1 year graph with dates: https://www.google.com/finance/quote/TSLA:NASDAQ?comparison=NASDAQ%3AGOOG%2CNASDAQ%3AMSFT&window=1Y https://www.google.com/finance/quote/TSLA:NASDAQ?comparison=... Certainly much worse, all since November.
- birdymcbird 4y ago
  Netflix is down 53% ytd. amzn is down 51%. Unlike some other companies, Tesla was significantly overvalued to begin with. i think even elon joked as much himself. they never an energy/battery company first and they dont know how to fit and finish. none of this regressed in the last year.
HyperSane 4y ago
Define woke.
tigershark 4y ago
1m to date: TSLA -40% AMZN -11% AAPL -10% GOOG -8% MSFT -2% NFLX -1% META +5% These numbers seem to directly contradict your thesis that TSLA decline is just a consequence of the tech market decline, given that the second bigger loss during last month was 4 times less in percentage compared to TSLA.

clouddrover 4y ago

> feels more to me like corporate news media and progressive allies have a fight with elon. The fact that it feels this way to you is exactly the problem. It's pointless to politicize a car company but that's what Musk has gone ahead and done. It's not helping Tesla's stock price and it's not helping Tesla sell cars. > they wanted him to close the Twitter deal Musk signed a binding agreement to buy Twitter and then spent six months trying to back out of the deal. When Musk realized a contract is a contract and he wasn't going to win in court, he finally closed the deal. No one has done this to him. He did it to himself.

chitowneats 4y ago
[flagged]
- clouddrover 4y ago
  Musk is too closely associated with the Tesla brand. The things the "Technoking" of Tesla does to make himself look bad also makes Tesla look bad. That's the practical reality of it whether you like it or not.
  - chitowneats 4y ago
    I can never keep it straight: Is he a grifter business guy with no real influence on the success of Tesla, or the "Technoking" of the company, as you (admittedly amusingly) put it? It's not Musk who politicized Tesla. It's our culture that's so overtly politicized that the man can't have a single eccentric, interesting, or contrarian opinion while being the CEO of Tesla, without people seeking to punish the company over it out of spite.
    - clouddrover 4y ago
      > "Technoking" of the company, as you (admittedly amusingly) put it? I didn't put it that way, Musk did: https://www.theverge.com/2021/3/15/22331315/elon-musk-tesla-technoking-title-ceo https://www.theverge.com/2021/3/15/22331315/elon-musk-tesla-... > It's not Musk who politicized Tesla. Yes it is. His antics and his absence is why there are calls for him to get his focus back on Tesla or be replaced at Tesla by a full time CEO: https://futurism.com/the-byte/tesla-shareholder-ditch-elon-musk https://futurism.com/the-byte/tesla-shareholder-ditch-elon-m... https://www.bizjournals.com/austin/news/2022/12/27/tesla-stock-elon-musk-ceo.html https://www.bizjournals.com/austin/news/2022/12/27/tesla-sto... https://www.theguardian.com/technology/2022/dec/27/tesla-stock-drops-lowest-close-years-elon-musk https://www.theguardian.com/technology/2022/dec/27/tesla-sto...
      - chitowneats 4y ago
        If a founder or executive is distracted by another business venture, that's an issue. It has nothing to do with "politics", except in the minds of his critics.
        4y ago
- meepmorp 4y ago
  > Let me see those downvotes on this shadow banned account, folks. Don't wear out your index fingers. Why do people do this? State your point, don't preemptively whine about the reaction.
  - chitowneats 4y ago
    I thought I was making it clear that I welcome it. If I cared about internet points on this account, I'd never post anything positive about Elon Musk here.
    - meepmorp 4y ago
      If you didn't care about internet points, you wouldn't bring them up in the first place.
      - chitowneats 4y ago
        [flagged]
        meepmorp 4y ago
        You're welcome. I'm glad you learned something about yourself.
birdymcbird 4y ago
> No one has done this to him. He did it to himself done what exactly to himself? hes still one of the wealthiest people on the planet. he could literally shutdown Twitter tomorrow and the people who’d cry the hardest are the ones cheering for twitters collapse, on Twitter, who refuse to leave. elon is still running spacex, Twitter, and boring company. if he lost every dime and every company, he’d get the Silicon Valley vc funding, even in this economic climate, to go do the next thing. one thing elon has done he doesn’t get credit for is ripping the mask off this massive grift in the tech industry. With over half of the Twitter workforce gone, the site runs just fine. what exactly were these people doing? in fact, they had little to no productive output of course with exception of their culture war/far left battles they were fighting in cahoots with government. i digress but this grift is widespread across google, meta, amazon.. all big tech. class of professional managers and a propped up elite who produce little economic output. 20% of the biz drives bottom line for the other 80%’s empire building, territorial wars, and bloated bureaucratic nonsense. no one wants to come out and say it in fear of attacks from the corporate media, but these execs are taking note from what Elon just pulled off, in big tech and Silicon Valley vc backed companies alike
- clouddrover 4y ago
  > done what exactly to himself? Bought Twitter, made himself look foolish doing it, and continues to make himself look foolish in the running of it.
  - birdymcbird 4y ago
    > Bought Twitter, made himself look foolish doing it, and continues to make himself look foolish in the running of it. to who? you? corporate media? this is nothing personal but do you honestly believe musk cares about how you or the corporate media portrays him? that it clouds his mind in the morning “oh no, I look like a fool?” Are we talking about musk, whose resume includes spacex, tesla, boring company, paypal? Are you sure we’re not talking about kim kardashian? The guy has money and influence at the .1% but it’s the fear of “looking” like a fool?
    - 4y ago

ehsankia 4y ago

> Most of the market is down, outside of energy and defense sectors. Tech and tech related things have taken a massive hit. While that's true, if you look at S&P 500, or even just a bunch of tech stocks like GOOG or MSFT, it's pretty clear Tesla is doing much worse still. https://i.imgur.com/JbbyghN.png https://i.imgur.com/JbbyghN.png

chrisbolt 4y ago
For context, 1 year graph with dates: https://www.google.com/finance/quote/TSLA:NASDAQ?comparison=NASDAQ%3AGOOG%2CNASDAQ%3AMSFT&window=1Y https://www.google.com/finance/quote/TSLA:NASDAQ?comparison=... Certainly much worse, all since November.
birdymcbird 4y ago
Netflix is down 53% ytd. amzn is down 51%. Unlike some other companies, Tesla was significantly overvalued to begin with. i think even elon joked as much himself. they never an energy/battery company first and they dont know how to fit and finish. none of this regressed in the last year.

HyperSane 4y ago

Define woke.

tigershark 4y ago

1m to date: TSLA -40% AMZN -11% AAPL -10% GOOG -8% MSFT -2% NFLX -1% META +5% These numbers seem to directly contradict your thesis that TSLA decline is just a consequence of the tech market decline, given that the second bigger loss during last month was 4 times less in percentage compared to TSLA.