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People are saying Tesla stock is falling due to Musk, but he has been an asshole publically since the Thailand incident where he called the rescue diver a pedop

by jampa 2y ago

People are saying Tesla stock is falling due to Musk, but he has been an asshole publically since the Thailand incident where he called the rescue diver a pedophile. It is falling because it is a bad stock with no ground in reality: it is clear that Tesla has lost all its positive momentum. When was the last time we heard about Tesla delivering something exciting? Meanwhile, BYD just announced their 1000V platform this week, God's eye FSD for every car last month (and they are already selling those in China). On the other hand, Tesla has just been promising the world and delivering nothing but more promises and pushing deadlines. Take that last demo they made in Universal Studios. Everything was faked, the robot was human-controlled, and the FSD was in a controlled environment with a human in the background, ready to intervene. Now look at that P/E. It sits at >100 in a company that is not growing anymore, 2x-3x more valuable than Toyota. You really can't justify it.

trowawee 2y ago
The financials have always been crap, though. A lot of his previous assholery was limited to very online people. Guarantee if you poll 100 people if they've heard of the "Thailand pedo guy thing with Musk", most will have no idea what you're talking about. Now it's on every news channel every night.
alamortsubite 2y ago
> People are saying Tesla stock is falling due to Musk, but he has been an asshole publically since the Thailand incident I agree, but I also think the full-throated nazi salutes on tv delivered a greater blow to Tesla's customer base than your comment implies.
- ryandrake 2y ago
  Exactly. Tesla's business performance may or may not be good, but OP's analysis is ignoring the huge elephant in the room. It's true that Elon has been an asshole for a long time, but his recent actions cross the line from asshole into something an order of magnitude worse.
  - tim333 2y ago
    Yeah, it's only really since the salute that Tesla sales have dropped noticably.
  - SauciestGNU 2y ago
    Dealing with assholes is the price of living in a society. Open naziism crosses the line of things we're obliged to tolerate in our society.
    - joquarky 2y ago
      It's a line that must not be crossed: https://en.wikipedia.org/wiki/Paradox_of_tolerance https://en.wikipedia.org/wiki/Paradox_of_tolerance
- senectus1 2y ago
  that AND combined with his shadow presidency... its a scary combo. A nazi is bad, a billionaire nazi is very bad but a billionaire nazi in gov with no accountability is very very very bad. (not to mention the building communications and mechanism to space travel monopoly. These things Plus the above are unfathomably evil villain bad)
JohnFen 2y ago
> People are saying Tesla stock is falling due to Musk, but he has been an asshole publically since the Thailand incident where he called the rescue diver a pedophile Absolutely true, but it's only relatively recently that he's been actively and publicly participating in the effort to destroy the US.
- disqard 2y ago
  Right, earlier he was targeting individuals due to his deep-seated insecurities. These days, he targets entire classes of US Citizens (e.g. Federal employees) due to his deep-seated insecurities.
  - archagon 2y ago
    And don’t forget members of the “parasite class!”[1] (Fucker is still invited to YC’s AI Startup School, by the way.) [1]: https://www.yahoo.com/news/fact-check-musk-reposted-meme-120000227.html https://www.yahoo.com/news/fact-check-musk-reposted-meme-120...
rsynnott 2y ago
> People are saying Tesla stock is falling due to Musk, but he has been an asshole publically since the Thailand incident where he called the rescue diver a pedophile. There's a visibility issue; that, and most of his antics, was largely only seen by Very Online people, but over the last few months the fact that he's stark raving mad has become increasingly obvious to the general public (via Nazi salutes etc).
- joquarky 2y ago
  > stark raving mad Was that reference intentional? Well done either way. I also don't appreciate that he's sheltering and excusing his behavior under self-diagnosed mental health umbrellas. That only harms the perception of those who legitimately have those conditions.
  - rsynnott 2y ago
    Oh, as in Tony? Nah, forgot about him. Yeah, I have very little time for the self-diagnoses of a guy who refuses to go to a psychologist, tbh.
deleted 2y ago
[deleted]
dtquad 2y ago
Alleging that white men who live in South East Asia are pedophiles is part of the wider pedo panic in anglophone countries. Nobody really cared. I feel bad for the rescue diver.
- joquarky 2y ago
  It's so far off the bell curve that I can only assume psychological projection is involved in his reasoning.
IAmGraydon 2y ago
Your first paragraph says Elon has been an asshole forever so that's not why it's falling. Then you go on to say it's because they aren't innovating, but that's also been the case for a very long time. Stocks go up and stocks go down and everyone tries to find a reason. It's just easy to find one for Tesla these days. The truth is it's selling off because the entire market is selling off, and the bigger the pump from 2020 till now, the bigger the drop is going to be. TSLA has to be one of the top 10 most overinflated stocks, so it's going to unwind in a similarly spectacular fashion. The actual fundamentals will come in to play later, when Elon's little high risk bet of joining the Trump administration blows up in his face spectacularly.

by jampa 2y ago

trowawee 2y ago

The financials have always been crap, though. A lot of his previous assholery was limited to very online people. Guarantee if you poll 100 people if they've heard of the "Thailand pedo guy thing with Musk", most will have no idea what you're talking about. Now it's on every news channel every night.

alamortsubite 2y ago

> People are saying Tesla stock is falling due to Musk, but he has been an asshole publically since the Thailand incident I agree, but I also think the full-throated nazi salutes on tv delivered a greater blow to Tesla's customer base than your comment implies.

ryandrake 2y ago
Exactly. Tesla's business performance may or may not be good, but OP's analysis is ignoring the huge elephant in the room. It's true that Elon has been an asshole for a long time, but his recent actions cross the line from asshole into something an order of magnitude worse.
- tim333 2y ago
  Yeah, it's only really since the salute that Tesla sales have dropped noticably.
- SauciestGNU 2y ago
  Dealing with assholes is the price of living in a society. Open naziism crosses the line of things we're obliged to tolerate in our society.
  - joquarky 2y ago
    It's a line that must not be crossed: https://en.wikipedia.org/wiki/Paradox_of_tolerance https://en.wikipedia.org/wiki/Paradox_of_tolerance
senectus1 2y ago
that AND combined with his shadow presidency... its a scary combo. A nazi is bad, a billionaire nazi is very bad but a billionaire nazi in gov with no accountability is very very very bad. (not to mention the building communications and mechanism to space travel monopoly. These things Plus the above are unfathomably evil villain bad)

JohnFen 2y ago

> People are saying Tesla stock is falling due to Musk, but he has been an asshole publically since the Thailand incident where he called the rescue diver a pedophile Absolutely true, but it's only relatively recently that he's been actively and publicly participating in the effort to destroy the US.

disqard 2y ago
Right, earlier he was targeting individuals due to his deep-seated insecurities. These days, he targets entire classes of US Citizens (e.g. Federal employees) due to his deep-seated insecurities.
- archagon 2y ago
  And don’t forget members of the “parasite class!”[1] (Fucker is still invited to YC’s AI Startup School, by the way.) [1]: https://www.yahoo.com/news/fact-check-musk-reposted-meme-120000227.html https://www.yahoo.com/news/fact-check-musk-reposted-meme-120...

rsynnott 2y ago

> People are saying Tesla stock is falling due to Musk, but he has been an asshole publically since the Thailand incident where he called the rescue diver a pedophile. There's a visibility issue; that, and most of his antics, was largely only seen by Very Online people, but over the last few months the fact that he's stark raving mad has become increasingly obvious to the general public (via Nazi salutes etc).

joquarky 2y ago
> stark raving mad Was that reference intentional? Well done either way. I also don't appreciate that he's sheltering and excusing his behavior under self-diagnosed mental health umbrellas. That only harms the perception of those who legitimately have those conditions.
- rsynnott 2y ago
  Oh, as in Tony? Nah, forgot about him. Yeah, I have very little time for the self-diagnoses of a guy who refuses to go to a psychologist, tbh.

deleted 2y ago

[deleted]

dtquad 2y ago

Alleging that white men who live in South East Asia are pedophiles is part of the wider pedo panic in anglophone countries. Nobody really cared. I feel bad for the rescue diver.

joquarky 2y ago
It's so far off the bell curve that I can only assume psychological projection is involved in his reasoning.

IAmGraydon 2y ago

Your first paragraph says Elon has been an asshole forever so that's not why it's falling. Then you go on to say it's because they aren't innovating, but that's also been the case for a very long time. Stocks go up and stocks go down and everyone tries to find a reason. It's just easy to find one for Tesla these days. The truth is it's selling off because the entire market is selling off, and the bigger the pump from 2020 till now, the bigger the drop is going to be. TSLA has to be one of the top 10 most overinflated stocks, so it's going to unwind in a similarly spectacular fashion. The actual fundamentals will come in to play later, when Elon's little high risk bet of joining the Trump administration blows up in his face spectacularly.