That day Elon Musk almost certainly committed a felony... (yesterday)

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WelshBloke

Lifer
Jan 12, 2005
33,578
11,717
136
Hey @Blackjack200 ! It's Christmas Eve so I'm a day early but I thought I would check in today since I might be busy tomorrow. So how are you doing with your Elon Musk and Tesla "doom" prediction? :D I told you last Christmas I would check in again this Christmas to see how you're holding up. I predicted you would look even dumber this year and it turns out I was 100% correct. :p I gave you the chance to admit you were wrong but you chose to double down on your Elon Musk and Tesla "fraud doom" thesis. I sincerely hope you weren't stupid and didn't suffer great financial harm by following the retarded advice of the TSLAQ crowd. I told you TSLAQ people were all morons and yet you seem to believe and regurgitate all their stupid talking points without any original ideas of your own. Anyways, Merry Christmas! I'll see you next Christmas to discuss whether or not Elon Musk and Tesla went bankrupt in 2021.

EDIT: Oh, I almost forgot your Christmas present. Enjoy!
Tbf to him Elon is an odious arsehole and most (all?) of their profits are from selling carbon credits rather than cars.

So yeah, tesla isn't going to go bust anytime soon but if they had to stand on their profits from actually selling cars they probably wouldn't be looking so good.

Plus Elon is a huge gaping arse hole and I'd certainly not bey against him self destructing in the near to medium term!
 

ivwshane

Lifer
May 15, 2000
33,746
17,401
136
Tbf to him Elon is an odious arsehole and most (all?) of their profits are from selling carbon credits rather than cars.

So yeah, tesla isn't going to go bust anytime soon but if they had to stand on their profits from actually selling cars they probably wouldn't be looking so good.

Plus Elon is a huge gaping arse hole and I'd certainly not bey against him self destructing in the near to medium term!

Tell me more about this.
 

MrSquished

Lifer
Jan 14, 2013
26,712
24,881
136
Well another side effect of buying lots of tesla stock is that it helps you justify voting for crooked anti-democratic fascists and not giving a shit about small businesses like restaurants being decimated by a pandemic through no fault of their own. So there are downsides to it.
 

bigi

Platinum Member
Aug 8, 2001
2,490
156
106
^ceeenbeesee, ah?

They hire homeless frucks to lie about TSLA. Elon still show them to fck off. One dude gave 375 price target to manipulate the market.

Morons sill don't get it.

LOL
 
Nov 17, 2019
13,446
7,906
136
It's an extreme rightwing website FFS, and has been going on for years. It basically created Donald Trump, establishd his campaign, post-Palin. Hilarious how this isn't understood by people that should be in the know. Yes, the red pill concept was co-opted by, well, Nazis. But that's exactly what Nazis do.

fuck, you can pretty much track what Donald is going to say by reading this shit a couple of days in advance.


honestly, I should probably get banned for linking Nazi forums, but ^there it is. This is the source of shit that people like ORoroRORororoROororo and SlowSpider and probably Constantly-Returns-Weapon-to-Face person post. ANd the rest of the local trumplicans do the same, they just don't know it. It's why they all sound hilariously insane and stupid.


but there you have it. if you didn't know, you now know. And that's wtf it is.

I'm sorry that Elon has fucking retarded the phrase yet again in less than 48 hours to confuse people. It's funny, you just google "the red pill" right now, it's like top ten hits regarding Elon, and wild crazy speculation about what it means, zealouts falling over themselves and salivating to defend saint Elon, when they know they fucking can't. Crazy how quickly that can turn.

Sorry Ponyo--you just don't get it. Maybe now you do.

I think you are right about Tesla in the long run. Elon, however, is a fucking sociopath, and that has always been true. You need to get off the dragon of that sonofabitch and just start thinking rationally. One can be correct about and support what that company is doing, and accept that "the dude" is batshit, dangerous loonytoons. There is nothing wrong with that.

I don't really leave much room for people spouting blatant pro-Nazi propaganda, and that's just plain truth. There is no bullshit speaking around that. Either except that truth and move on, or fuck off trying to convince yourself otherwise. It ain't working with people that understand this.
He's had that sociopath narcissist egomaniac vibe for a long time, yeah. Over the past few years he's been growing steadily more erratic and unstable though. The pedo thing "for starters" (although there was probably signs before then too), the taking Tesla private thing (with saudi money of all things WTFBBQ) which he was fined for, the "the stock is too high" thing, and a bunch more. This shit is not what a normal person in his position says, or does.

Even other CEO types whom by and large have a more narcissistic streak than the common populace don't say stuff like this. Even Steve Jobs, whom was a raging narcissist egomaniac wasn't this nutty.

The guy's slowly cracking, and we're all watching it happen. I don't know why, if it's some deeper personality flaw manifesting itself as he ages, or the stress from running several corporations doing some very risky business, or perhaps recreational drug use (of which there's been rumors of), well who can say. Does it even matter?

Fact is the guy's losing it, and he's damaging Tesla in particular with his crazed antics. A lot of people don't want to admit it because there's an unhealthy cult of personality surrounding Elon - Electrek's Fred Lambert did a lengthy news post on this topic only some days ago about the unhealthy feedback loop that exists between fanatic Tesla "superfans" and Elon, the adulation-thirsty egomaniac. Some of these "superfans" don't hesitate to trying to resort to online smear campaigns against those they percieve as being 'against the cause', or even threats of violence.

So yeah, Elon needs to be pushed out of the CEO seat and relegated to some figurehead "visionary" position at Tesla at least. And considering the importance of what SpaceX is doing, I don't know how comfortable the U.S. gov't is with how he is acting lately either. I'm pretty sure they weren't too happy to see him puffing away on a big ole reefer in a webcast for example, as he did a couple years ago... *rolleyes*
(R) Nominee for '24?
 

cytg111

Lifer
Mar 17, 2008
26,851
16,114
136
(R) Nominee for '24?
On Mars maybe... Elon gives zero shits about politics but that which that stands in his way.. I think of him as a Werner von Braunn, he could care two shits if you were German or American as long as he got to fly his rockets.
Musk is going to Mars... Elon for pres then you really havent gotten the dude yet.
 
Mar 11, 2004
23,444
5,852
146
^ceeenbeesee, ah?

They hire homeless frucks to lie about TSLA. Elon still show them to fck off. One dude gave 375 price target to manipulate the market.

Morons sill don't get it.

LOL

Kinda funny considering Musk bragged about being homeless and couch surfing his rich buds to suck enough dicks to get Tesla started.

Indeed, you clearly didn't get it. I hope you're not a big enough moron to somehow think they can hide that shit, right? Objectively this (that their emission credits are why they're just managing profitability) is known fact. Hell if you'd even read the article you'd have seen that Tesla isn't even disputing that stuff.

So keep that in mind, Tesla with the credits is hitting 1.1% profitability. Now, I don't think its doom and gloom. Fiat Chrysler's deal is through 2023, but let's be real it'll get extended further since Chrysler has jack shit other than what Jeep and RAM that are actually bringing in the money and so they don't even have the money to update the rest of their growing portfolio of outdated lineups so they're probably gonna refresh their cars again, so they'll be probably buying plenty more to keep that up. And Tesla will have Cybertruck and factories in multiple countries up and running by the time the credits end. Granted they'll also be facing a lot stiffer competition. But then the semi will be kicking off and with Nikola shitting the bed, they'll be sitting well positioned.
 

bigi

Platinum Member
Aug 8, 2001
2,490
156
106
^ the reason I am not even dignifying this with any answer is this:



I don't do stocks, I don't have a Tesla car but man, this kind of crap was being said about Apple and Amazon to steer the market. Credits? A - it is perfectly fine. B - everybody that can does it. C - Please keep posting for a long time. We'll check again in a few.

The really cool thing is that ceeenbeesee and rojuters FUD and lies have no longer any effect on the stock price.

Please admit this now, you are the Gordon Johnson dude. Right?

Hope so because you must be a BOT. No human being can be this stupid.

Finally, in a few days we'll have Q4 numbers. Do remind me to compare Tesla projected production and sales numbers for 2020 with ANY other manufacturer.

credits, lol.
 

manly

Lifer
Jan 25, 2000
13,587
4,237
136
^ Based on that rant, bigi is the greatest moron here. He has this big of a fetish for Elon and Tesla and didn't invest in their parabolic +700% ride? If you knew all that with so much confidence, why not get rich off the craze as ponyo has?

Tell me more about this.
If you look at their income statements for recent profitable quarters, you'll see their net profit is dominated by regulatory credits. This was already cited by WelshBloke and is verifiable fact. It doesn't mean they aren't running a "healthy" business (their FCF is pretty good), but there are some concerns about their net margins. During their "production hell" phase, I was admittedly bearish on their long-term outlook. As they've continued to meet sales expectations even in a challenging year, I'd say I'm mildly bullish that they'll continue to do well enough over the next few years. I wouldn't touch the stock at this point in time; that's utterly insane. More power to you if you bought in a year ago but now you're just chasing after greater fools in a stock market bubble.
 
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bigi

Platinum Member
Aug 8, 2001
2,490
156
106
I wouldn't touch the stock at this point in time; that's utterly insane. More power to you if you bought in a year ago but now you're just chasing after greater fools in a stock market bubble.

It might be true and it might not. Nobody knows the market. Nobody.

Now, listen, whatever your deal is, you smoke it. Tesla is not going anywhere. Even if the market crashes 50% tomorrow, people who invested in Tesla when it was artificially cheap are going to be more than fine. Plenty of retail investors purchased their stock for $17 to $300 over the years.

Many do get pissed as they did not get on the train. Now it is too late. It was the same with every major stock - Apple, Google, Amazon, FB, MSFT , etc. Once you miss it it is over.

Believe it or not, but there are still plenty of people who think that the stock is going to grow to 10x of todays size. The do put their money where their mouth is as you can tell even from today's price.

Owning a stock is not mandatory, obviously. Your opinion is fine and you don't "have to touch it"
Look how many stock splits Apple/MSFT have gone through. People who invested in Apple early have gone through 5 stock splits. Those people have 100X + gains over 20 years.

In any case, I hope to dig this post out in 5-10 years. We'll see where would you be if you did invest ~10K or so in 2035-30.

For those who give a frack, and obviously don't know anything about Tesla look at this little chart

Tesla is changing the world 10 times more than many giant companies combined.
 
Mar 11, 2004
23,444
5,852
146
^ Based on that rant, bigi is the greatest moron here. He has this big of a fetish for Elon and Tesla and didn't invest in their parabolic +700% ride? If you knew all that with so much confidence, why not get rich off the craze as ponyo has?


If you look at their income statements for recent profitable quarters, you'll see their net profit is dominated by regulatory credits. This was already cited by WelshBloke and is verifiable fact. It doesn't mean they aren't running a "healthy" business (their FCF is pretty good), but there are some concerns about their net margins. During their "production hell" phase, I was admittedly bearish on their long-term outlook. As they've continued to meet sales expectations even in a challenging year, I'd say I'm mildly bullish that they'll continue to do well enough over the next few years. I wouldn't touch the stock at this point in time; that's utterly insane. More power to you if you bought in a year ago but now you're just chasing after greater fools in a stock market bubble.

I got a quick chuckle but yep, he clearly took it personally despite the "I'm not taking it personally, you must be!" nonsense (which makes his comments especially interesting; hmm, is that you, Elon?) and disregarded my posts. I do love how he accused me of being some anti-Tesla shill while I say that Tesla will be fine and give reasons that the emissions credits won't matter, and likely if anything will even get better in the shorter term (Chrysler is bringing out more and more Hellcat and V-8 products, there's a Wrangler 392 coming and the Durango Hellcat and RAM TRX, they're gonna need credits baaad).

Not that I'm surprised. When people talk about "yeah but what would happen if we'd gotten someone like Turmp that isn't a complete bumbling full of shit jackass?" and that's exactly what Musk is. Remember when people wanted to amend things hoping that they'd get Ah-nuld as President? I hope people are ready because I guarantee there's gonna be a big push for Musk.