it is still overvalued anyway. they havent shown the profitability and growth potential that its current price reflects, not even after plunging as much as it did.
this post was submitted on 17 Mar 2025
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tsla stock price was around $230 when musky used it as collateral for whatever loans he took out for the purchase.
And yet Musk is fixing NASA's screwup today by rescuing people.
Sure, like he’s “fixing” the government?
You mean Boeing's screw up. They were the designer/manufacturer of the capsule that had issues. Plus Musk has very little if anything to do with SpaceX engineering or operations (Gwynn Shotwell is in charge of operations). Mostly he just does "Funny" shit like telling engineers to make Starship more pointy.
Drop that fucker til it's in the ground.
Aand still +30% from year ago.
Is "Tesla is going bankrupt" then new "Putin has cancer"?
Trump apparently tried claiming it’s illegal to boycott Tesla. They’re most likely not happy about it lol
The entire stock market is likely overvalued by 25% or so. This is a regression to the mean, accelerated by the fact that Musk no longer seems to care whether Tesla is successful or not. Probably because he sucked out all the money via that incentive package the board approved a few months ago.
The pay was in stock options. It essentially doubled his ownership of Tesla from 12% to 25% so he in fact cares a lot about the price.
The stockholders are definitely morons for agreeing to it. Pay the fashgeld and you never get rid of the fash.
I didn't know that, thank you! Also apparently a judge has blocked the awarding of the package?
Yes, we'll see if it sticks. The prior argument was that Elon effectively controlled the board, and when he convinced the shareholders to vote in favor as well he lied/threatened them and invalidated it. This is just cynicism but I wouldn't particularly expect that to stick, but who knows?
Maybe the judges will think of the poor shareholders for once
If your erection lasts for more than 1h, see a medical professional or stop watching the Tesla stock prices
The stocks are merely at pre-election levels and look like they have now stabilized unfortunately.
Down 5% today, not super stable. Could have been a dead cat bounce last week.
The instability is great for inside traders eg those who knew about the Whitehouse lawn stunt in advance. That was not a dead cat bounce, it was the stunt.
But the trend since the stunt has been stable enough.
I certainly will be looking at the graph each day rather than reading articles describing it.
Reminds me of how people laugh at the yo-yo tariffs, totally ignoring how insider trader buddies of Trump must love it. Is an overall economic decline going to bother them in comparison?
Three weeks after my comment, the quiet part has been said aloud.
https://time.com/7276234/trump-tariff-insider-trading-schiff/
To the floor!
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