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Is it really a minus if Musk is upset? If he’s upset enough to leave, that seems like a potentially beneficial outcome. There’s got to be some measurable numbe
by tacticalturtle 2y ago
Is it really a minus if Musk is upset? If he’s upset enough to leave, that seems like a potentially beneficial outcome.
There’s got to be some measurable number of people who are turned off from buying a Tesla because of his association, especially now that alternatives are available.
- EduardoBautista 2y agoTesla’s current valuation is pretty much thanks to him. His personality meme stocked the company to a valuation that made no sense.
- janalsncm 2y agoIf I’m a shareholder, I don’t want an overly inflated stock price. I want a high stock price due to solid fundamentals. Tesla was temporarily extremely overvalued, but has since lost 60% of its market cap. It’s likely still overvalued compared with peers. It’s a car company, not a b2b SaaS company. Put another way, which company is more likely to exist in 10 years: Microsoft or Tesla?
- mempko 2y agoNot sure why you are down-voted. If you are an investor, you want a fair price when you buy. Think of going to a store, when there is a sale and prices are below value of a product, it's smart to buy. Same goes with stocks.
- s1artibartfast 2y agoIf you are an investor, you want an unfairly low price when you buy, and an unfairly high price when you hold or sell.
- mempko 2y agoExactly
- ckastner 2y ago> Tesla’s current valuation is pretty much thanks to him. And nobody has a larger interest in Tesla's valuation them Musk himself, the largest shareholder. He can't walk and any threats to that effect are theatrics. Shareholders would be idiots to re-approve the $55bn.
- s1artibartfast 2y agoThis assumes he cant sell and leave. It would be costly to him, but not impossible. Both sides have leverage in a situation of mutual assured destruction. I dont think it is accurate to only consider the leverage in one direction.
- toast0 2y agoIt might be the case that shareholders wouldn't like him when he's angry?