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Cont: Musk, SpaceX and future of Tesla II

So it is true then!

Elon Musk
@elonmusk

It is an EXTREMELY BAD BREACH OF ETHICS that the @WSJ would publish a DELIBERATELY FALSE ARTICLE and fail to include an unequivocal denial beforehand by the Tesla board of directors!
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The Great Zaganza said:
reports of Musk getting the boot are obviously attempts to boost investor confidence.
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Except the investors are those who have bought into the Musk ◊◊◊◊◊◊◊◊.

Anyway, excluding the spike caused by Tr*mp getting elected, the share price is now as high as it's been since 2022. They should do more of these "he's gone not gone" stories.
 
jeremyp said:
Anyway, excluding the spike caused by Tr*mp getting elected, the share price is now as high as it's been since 2022.
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I’m having trouble parsing what you’re trying to say about the share price.

TSLA 52 Week Range: 167.41 - 488.54 (currently about 288)

Edited to add: I think I see what you mean now about excluding that spike to 488.54.
 
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well he's got to keep his house of cards standing somehow, somebody will be the bag holder. the board has been liquidating for a while.
 
Fast Eddie B said:
I think investors are betting on autonomous driving and robots to be Tesla's "next big thing". Either one could prove to be a home run for the company, but with the competition that exists in these area, color me skeptical.
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They could, if only all their compeditors in the robot scene mysteriously burnt down all their premises consuming all their robots and data. There's no way that I can see, outside of constant sacrificing to Molech, that would make self-driving profitable, and Tesla are anyways at cruise control still.
 
jeremyp said:
One report I watched on YouTube suggested that this was potentially looking for somebody for when Musk eventually steps down, hence "successors".

The Guardian, on the other hand, is a running a story that the whole thing is a lie and the board is denying all knowledge.

www.theguardian.com

Tesla denies report claiming board looked to replace Elon Musk

Wall Street Journal article saying headhunters were contacted is ‘absolutely false’, says company chair
www.theguardian.com www.theguardian.com

Robyn Denholm says:



It's delightful how she says "continue executing on the exciting growth plan" as if she thinks Musk is executing on it now. It's a fact that Tesla has not grown in 2024 so how can he be executing a growth plan?
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Denholm has one job, embiggen the Galaxy Nazi's ego. Seeing as she's got no actual business talents, she works very hard on that.
 
Despite I think attempting to keep himself out of mainstream MAGA reports and distance himself from his US governmental role sales continue to drop (and plunge) in Europe.

Europeans continue to shun Tesla as April sales plunge - https://www.reuters.com/business/au...key-european-markets-plunge-april-2025-05-02/

For Tesla I think the most two important and worrying figures are:

For the first quarter, sales of all fully-electric cars rose 28% in Europe while Tesla's sales slumped 37.2%.​
​
Europeans are increasingly buying electric cars but not Teslas, they are losing significant market share across Europe.
 
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Puppycow said:
If I were you I would sell now. Most of it at least.
"I hope it continues its upward trend."

Is there anything to base that hope on?
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This post was from June 16, 2024. TSLA closed at $178.01 that day.

TSLA closed at $323.61 last night.

It's lowest closing price so far this year was $214.80 on April 7.

That's some brilliant stock advice right there…
 
Bogative said:
This post was from June 16, 2024. TSLA closed at $178.01 that day.

TSLA closed at $323.61 last night.

It's lowest closing price so far this year was $214.80 on April 7.

That's some brilliant stock advice right there…
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The Tesla share price has been stupid for years. The underlying problems of Tesla still remain as does Musk's terrible reputation.
 
Darat said:
Despite I think attempting to keep himself out of mainstream MAGA reports and distance himself from his US governmental role sales continue to drop (and plunge) in Europe.

Europeans continue to shun Tesla as April sales plunge - https://www.reuters.com/business/au...key-european-markets-plunge-april-2025-05-02/

For Tesla I think the most two important and worrying figures are:

For the first quarter, sales of all fully-electric cars rose 28% in Europe while Tesla's sales slumped 37.2%.​
​
Europeans are increasingly buying electric cars but not Teslas, they are losing significant market share across Europe.
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Losing market share isn't a disaster as long as your company sales are growing in absolute terms...

... oh, wait.
 
jeremyp said:
The Tesla share price has been stupid for years. The underlying problems of Tesla still remain as does Musk's terrible reputation.
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For years people have said the share prices are stupid and the reasons they are high are stupid.

I'm starting to think it's the people who think they're stupid who are actually stupid.

For example: 'Sell your shares now at $179 before you lose money.' 6 months later they are at $479 per share.
 
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