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Most Over-Valued Company is History

I don't know if there's any relation but elmo is so rich that he could probably prop up the share price by himself if he wanted to, just using money he doesn't need anyway. As a sort of backdoor political donation that doesn't go through the regular channels where such donations are capped.

ETA: To put it more directly: as a bribe, but a legal bribe that you can't prove is a bribe.

i would assume that’s why it’s publicly traded. while there’s a certain amount of value to having a right wing twitter, twitter is right wing twitter.
 
Now at $24. DJT is a proxy for Trump's election chances. There's been a shift in his favor.

https://www.msn.com/en-us/news/poli...e-map-flips-state-to-donald-trump/ar-AA1s0PoM

Yeah, I'd been thinking something like that myself - it's following the bookies, who now have Trump at $1-80 to Harris' $2.

I think the pollsters are dead wrong, but time will tell. If the market wakes up early on the 6th and Trump has been crushed, TM shares will drop to $1.

If it goes much higher I might short them myself - there's definitely money to be made from idiots, but you better get the timing right.
 
i agree i think the polls are terribly off. this is the third trump election i've lived through and the enthusiasm is no where to be found. these guys used to drive around with 600 flags on their truck. now it's pretty basic yard signs.
 
It sure as hell isn't with Trump Media - based on P/E ratio, shares are worth a couple of cents each.

Their earnings are still negative so P/E is not meaningful but to the extent you want to use it the shares are worth nothing.
 
DJT now at $25. Sheesh.

That's up over 100% since Sept. 23rd. (Closed at $12.18)

Is Wall Street Bets involved?

I still think that Musk is behind it.

ETA: meanwhile Tesla is down over 8% today. That's down over $20 per share
 
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i'd give it a couple of weeks and take a look. musk came out pretty strong for trump recently and this went up with it, and since then he announced he is basically directly campaigning for him at this point. tesla is down immediately after it's hilariously bad robotaxi event. i think there's a world where investors know tesla has turned into theranos but musk can still directly influence the election.

but they'll both do something completely incompetent and stupid within a few weeks. they're like clockwork that way.
 
Maybe they assume Musk will buy them out and absorb them into X as a favor to Trump. I don't find that scenario entirely implausible.

That's true, I think. The one bloke with the cash who's a big enough douche to hold the price up because he can.
 
$29 even.

Clearly, a lot of MAGAs think Trump is going to win and they'll become as valuable as the NFTs they bought.
 
I don't think he gave up control of anything while he was President, even though tradition (although not law) said he should.

I think he was required.
The guy owns a chain of privately held hotels.
The US never got to look at Trump’s books.
The Saudis could have said we’re sending a delegation to DC. We will need a whole floor. We don’t know exactly when we are coming so let’s book a whole year. Do you want the $7,000,000 in cash or check?


He’s forbidden from masking money from foreign governments without Congress knowing.

He is too shady,
 
$29 even.

Clearly, a lot of MAGAs think Trump is going to win and they'll become as valuable as the NFTs they bought.

possibly the opposite.

The company will become less valuable if Trump wins as Trump will have a bigger, better, shinier megaphone, and he also will have to moderate what he says, at least a bit.
 
I think he was required.
The guy owns a chain of privately held hotels.
The US never got to look at Trump’s books.
The Saudis could have said we’re sending a delegation to DC. We will need a whole floor. We don’t know exactly when we are coming so let’s book a whole year. Do you want the $7,000,000 in cash or check?


He’s forbidden from masking money from foreign governments without Congress knowing.

He is too shady,

Required or not, well... He wasn't cooperative with that from the start.

Trump says won't divest from his business while president

That led to, well...

How Trump fused his business empire to the presidency

As Trump kicks off his fourth year as president with an impeachment trial tied to his actions involving Ukraine, critics say the president has yet to face accountability for blatant conflicts of interest tied to his private businesses.


And eventually to...

Trump made up to $160 million from foreign countries as president

And that wasn't even touching the money that foreign countries spent on him through his holdings within the US. Stuff like this wouldn't be included in that number -

For example, while campaigning in 2015, Trump bragged to a crowd in Alabama about his longstanding business ties with the Saudis. “They buy apartments from me. They spend $40 million, $50 million,” he told the crowd. “Am I supposed to dislike them? I like them very much.”

Nor are the millions that foreign countries spent just renting sometimes unused rooms in Trump properties.

Shady? Definitely. Do Republican politicians care? Not enough to hold him accountable, despite all their pretenses to principle when it comes to fishing for something, anything to grasp onto when the target is a Democrat.
 
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Closed at $29.95. The Donald's share is now valued at almost 3.5 billion dollars and the polls are slightly tilting in his direction.
 
How do you come to that conclusion - he didn't last time.

MSM won't be as quick to ignore his rants on that platform when they can be contrasted to official White House statements on an issue: it will be an easy story to write every time it happens.
 
I don't know if there's any relation but elmo is so rich that he could probably prop up the share price by himself if he wanted to, just using money he doesn't need anyway. As a sort of backdoor political donation that doesn't go through the regular channels where such donations are capped.

ETA: To put it more directly: as a bribe, but a legal bribe that you can't prove is a bribe.

Elmo might not be as financially set as you would think. He's got a lot of leverage based on the "value" of his Tesla stock, and if the price of that takes a dip he could be facing a bunch of problems (BBD is a great way to dodge taxes if your stock goes up, not so much if it goes down). Combine this with increasing competition from other EV producers and Teslas not actually being very good cars for the price, and he's got a lot of problems.

The biggest problem he has in the next few years is the BYD Seagull hitting the US market. That alone would cook him. Probably a major reason why he is trying to prop Trump up with all his anti-China rhetoric...

I don't know, maybe I am seeing a bunch of connections that aren't there. It's pretty early in the morning for me and I am a bit groggy.
 
i don’t think any of that is wrong. especially after their we, robot unveiling. no affordable model, no fsd, cybertruck is a dud, none of his products actually work. i think twitter tanking was a huge hit for him, his stock is over leveraged. he did everything humanly possible to overturn the delaware ruling on his stock options deal, tesla stock has been declining as well when he was pinning his future on unsustainable growth.

personally i think he’s been cooking his books too. he’s not an ethical person
 
DJT is now over $32/sh after hours. This after a strange dip yesterday to $27.

Just incredible, but clearly a proxy for his election chances. Trump's interview for Barrons where he waxed on how "beautiful" tariffs were and how great things would be when he's elected was an interesting display of economic ignorance. But for Trump, he just says whatever he thinks sounds good and not many understand economics.
 
Not so long ago DJT had slid to around $11 and there appeared to be no bottom. I imagine some might have looked at what seemed like an inevitable plummet and sought to profit by selling TSLA short at $11 or thereabouts.

This should be a great lesson on the risks of short selling.
 
Just incredible, but clearly a proxy for his election chances.

you know, we'll see. there's a great deal of deception and manipulation happening in this election imo, and i wouldn't believe this is any more immune to that than anything else. there's also other reasons someone with excessive money would want to prop this up, and no shortage of those guys out there.

anyway, i think it's a pretty interesting situation. i would hope everyone could agree that whatever the stock may be a measurement of, it's not the value company
 
Now at $46.71. Unreal. DJT stock now accounts for $5B of Trump's net worth. Been going parabolic in the last few weeks.
 
Now at $53.33 putting The Donald's share value at $6.1B. Today's volume is an astonishing 170M shares, a large multiple of the total float. HFT's having a field day.
 
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