this post was submitted on 04 Feb 2024
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Enough Musk Spam

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For those that have had enough of the Elon Musk worship online.

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[–] SuddenDownpour@sh.itjust.works 10 points 7 months ago (2 children)

I have trouble to buy this. Tesla's shares are massively over-inflated, and it is all due to Elon's media over-exposition from back when it wasn't so negative. Anyone with enough Tesla's shares and the capacity to play politics within the company understands that killing the clown means the whole ship sinks down. The correct play here is to slowly rid yourself of Tesla stock before it completely crashes, not to draw attention into him.

[–] flathead@lemm.ee 2 points 7 months ago

it's interesting that all these stories are running in the WSJ and mainly other Murdoch rags. Failure son James is on the board - and the ol' Dirty Digger and the Oracle of Bullshit himself were photographed sitting together at the Superbowl this time last year. Whatever is going on is being orchestrated for some reason that shall likely soon become apparent.

[–] EnderMB@lemmy.world 1 points 7 months ago* (last edited 7 months ago) (1 children)

If a successful exit is the play, surely there's no better reason to push an external candidate to take over? It's an immediate exit at a high price, or an opportunity to offload stock on a positive note instead. This assumes someone comes in with the sole intention of selling to a company like Ford.

While I don't disagree about Tesla's valuation, people have been saying this for years and years now. When will it be true?

[–] SuddenDownpour@sh.itjust.works 1 points 7 months ago

This assumes someone comes in with the sole intention of selling to a company like Ford.

This is impossible unless Tesla's stock crashes to reality back from fairy land. It's the average upper class gambler who is over valuing it, not other companies keenly aware that developing their own electric cars is much cheaper.