Cyberpunkd
Member
Too bad he has a fiduciary duty to act in the best interest of his shareholders, as does any manager at a stock listed company, otherwise he risks a lawsuit.
Let's see how that is working out...
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Tesla sales tank in Europe as stock drops 40% in a month
- Thread starter Klosshufvud
- Start date
Let's see how that is working out...
Wildebeest
Member
Everyone knows it is one of the most irrationally overvalued stocks in history and is basically a meme stock. Put your retirement funds into that and you deserve the crazy swings.
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Ass of Can Whooping
Gold Member
Same song and dance. Cutting social security/welfare in the name of getting them pesky fraudsters almost always ends up hurting and killing those in genuine need. And it's not because they end up just being in the crossfire, because that implies it's accidental.
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Auto_aim1
MeisaMcCaffrey
Even if they cut $1 trillion there's still going to be a budget deficit. Yes, there probably is waste and fraud in social security and medicare but you don't want everything to collapse like a pack of cards by messing with it.
And mfers are going to do $4 trillion in tax cuts which will increase the debt so what is even the point of DOGE?
Eventually in 20 to 30 years from now, government spending will be unsustainable due to excessive debt and interest payments and shit is going to go down big time.
And mfers are going to do $4 trillion in tax cuts which will increase the debt so what is even the point of DOGE?
Eventually in 20 to 30 years from now, government spending will be unsustainable due to excessive debt and interest payments and shit is going to go down big time.
BlackTron
Member
It depends on your definition of "waste" and "fraud". It's funny but weeks ago there was no mention of immigrants siphoning Social Security before. Because they couldn't find any more legitimate fraud than we already knew was occurring (like, under 1%) it became about immigrants.
They need a public outrage to cover their backs when they make the changes. So next time your uncle has a Disability Review, the people have been retrained and incentivized to find a reason to cancel his benefits.
Your own doctor won't be as excited about sticking up for you and the ones employed by SS will be doing more checks.
It's a great thing if you're Donald Trump and think disabled people should just die (his words, not mine). According to their definition of waste, which they are not fully sharing with you, yes there is 7-800 billion in potential savings.
Very reminiscent of Hitler's opinion of those who can't contribute.
They need a public outrage to cover their backs when they make the changes. So next time your uncle has a Disability Review, the people have been retrained and incentivized to find a reason to cancel his benefits.
Your own doctor won't be as excited about sticking up for you and the ones employed by SS will be doing more checks.
It's a great thing if you're Donald Trump and think disabled people should just die (his words, not mine). According to their definition of waste, which they are not fully sharing with you, yes there is 7-800 billion in potential savings.
Very reminiscent of Hitler's opinion of those who can't contribute.
Wildebeest
Member
Musk doesn't care about waste or fraud, apart from finding ways to do more of it. The only reason anyone gives him any time is that he is seen as someone who can manipulate the "animal spirits" of the markets and get people to invest in things based on purely irrational hype.
Cyberpunkd
Member
In times like these I still remember this absolute banger of quality journalism:
Who Goes Nazi?, by Dorothy Thompson
harpers.org
If you really think you are driving a car made by an ACTUAL NAZI, then yes, sell it!
Ain't no kids on minimum wage or families struggling ti put food in the table buying teslas. They are the very definition of an excess income luxury good.
BlackTron
Member
I think it's just reputation. Imagine being an Xbox gamer, only you have to drive the Xbox in public. It would motivate you to take a loss.
Smiggs
Member
Very fascinating read, thanks for posting this.In times like these I still remember this absolute banger of quality journalism:
Who Goes Nazi?, by Dorothy Thompson
Punished Miku
Human Rights Subscription Service
You're making this explicitly political now, so I am owed at least 1 response then I'll drop it. The guy is speed running his own death, and it's the most predictable outcome ever.
I quite like this whole set up we've had in the US my whole life where we abide by laws and at least attempt to try and assess things impartially according to the rule of law. It's never been perfect, but it's stable, it's close to fair most of the time, and it's mostly non-violent. That's great. I'd suggest we all try to keep that going as its better for everyone.
Signs that this is breaking down are never a good thing. Things like having an unelected person march into the most sensitive agencies we have, bullying people and not just demanding classified access to our most sensitive data, but demanding source code and then working on it remotely. All of that is explicitly illegal. No one really has the power anymore to enforce the laws at this point against him though. He's not just above the law, he's above the lawmakers as well. He's personally threatened to primary anyone that opposes him so most are just cowering before the dictates of 1 unelected man. For several years if the topic came up, I'd post things like "having massive income inequality is inherently destabilizing for democracy" and usually just get laugh emojis on here, but it's obviously true and we're seeing it near its tipping point of no return. Just his personal wealth eclipses most lobbying by our largest companies and even outside nation states. AIPAC is one of the most influential lobbyist groups out there, backed by an entire other country, and they usually only spend around 100 million a year. Pocket change.
So now we've passed the point where laws work. We've cleared the point where lawmakers work. Unfortunately he also has such an intense personality disorder that he seems unable to pick up on even glaring social queues that he is pushing things too far. Most maniacal billionaires just out of self-preservation tend to keep to the shadows. He gets up there with a chainsaw and posts 200 times a day on his personal social media apparatus and tweaks the algorithm to make his posts as visible as possible.
Then you have our president literally saying publicly that "he who saves the country breaks no law." The thing about laws is that they're usually intended to be impartial, but something like "saving the country" is pretty subjective and vague. That literally is the kind of motto a terrorist would use. Who else has a problem with laws? Laws are great most of the time and help stabilize society and prevent violence. Probably a really bad idea to openly break the law as flagrantly as possible, to openly tell everyone that you don't even think laws apply, to push a Supreme Court that just said the president is also above the law, to illegally fire hundreds of thousands of people without due process or review. It literally just takes 1 disgruntled person who got fired to snap, so it's probably a bad idea to run things this way. Laws and the perception of fairness are release valves for society that help people buy in to the system and helps release steam. All the levers have been ripped out on purpose while pushing the steam as high as possible so the fact that some people are starting to talk about ignoring the law is literally the most predictable outcome ever.
I recommend we all start following laws again and bring the temperature down, starting from the top. Political violence and unchecked authority without any legal checks and balances are both pretty bad things. What's hilarious is that Musk is openly telling everyone that his position is limiting empathy now, literally a policy of sociopathy so even if you do feel bad for him and worry about his safety - which I don't - he would probably tell you that you're a victim of the empathy exploit. It's like he's purposefully trying to destroy himself.
People not buying Teslas is a healthy outcome as its one of the last peaceful release valves we have left that's functioning still. People can choose to not buy something, so let's all hope that is enough to trigger some kind of reaction and course correction because they're setting all of us up for a fall into chaos without one.
Mr Reasonable
Completely Unreasonable
What a weird bubble you live in, where you can't have an opinion unless you're prepared to lose thousands of dollars to demonstrate it.
I'd I had a Tesla I'd get the sticker over eating the devaluation of the car. When it came time to replace it, I'd look elsewhere.
You know the value of an opinion when you are unwilling to sacrifice anything for it?.....that's right, NOTHING.
Cry me a river. If you bought a tesla in the past few years you already knew what kinda guy Elon is (or at least what you think he is). If you bought a tesla earlier than that then you bought it for the virtue signaling anyway.
Mr Reasonable
Completely Unreasonable
So weird.
Sonik
Member
It's the typical neolib war on anyone that ruins the status quo's plans of a globalized economy where corporations are the kings that can choose the cheapest workforce on the planet and then sell the products they made to relatively richer but equally obedient cattle. They did it with Trump but failed, they did it in Romania and succeeded, now they're targeting specific people that interfere their plans. Musk is an asshole but still far better that the aforementioned cancer
Dr.Morris79
Gold Member
Wouldn't you say this weirdly works in his favour?
The EV market is not viable at this time. Everyone knows it, he knows it. Hes now in a position where the EV market doesn't matter to him. If I was him I'd be utterly over the moon the left are acting like nutcases burning down my (not at all viable) electric car black hole empire.. I'd just claim insurance, be happy my opponents are burning their credibility and relaunch the V8 with a drill drill drill baby sticker on the back
Ultimate win
..But that's just me
AJUMP23
Parody of actual AJUMP23
Elon has always been weird and eccentric. It doesn't help sales in any business to lean into a political side. It also is reprehensible that people are destroying dealerships and cars. Some one murdered a producer for Alex Jones last night too. Not saying Alex Jones is a good or trustworthy person but people that work for him don't deserve to be murdered. I hope he wasn't targeted so I do not want to jump to conclusions. The Left in this country is becoming increasingly violent.
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NeoIkaruGAF
Gold Member
Should I seriously believe Musk’s antics have anything to do with Euro people’s choices?
Teslas aren’t small, nor cheap. The market has been flooded with EVs and this may simply be, for the most part, not a few people justifying their cheaper, smaller choices with a facade political statement. I’m sure the press wouldn’t miss the chance to make this about politics, of course, but the economy may really be the simplest explanation here.
Teslas aren’t small, nor cheap. The market has been flooded with EVs and this may simply be, for the most part, not a few people justifying their cheaper, smaller choices with a facade political statement. I’m sure the press wouldn’t miss the chance to make this about politics, of course, but the economy may really be the simplest explanation here.
Lukaku's First Touch
Member
You must be a complete idiot if you buy a swasticar now. Especially if you're from Europe.
Theyre terribly build cars and what to say about that cybersuck, even Stevie Wonder would say it's fugly.
We all know musk doesn't do shit at all these companies and just rides on the brains of much much smarter people. His complete fiasco with POE2 shows pretty much how he runs his companies.
Theyre terribly build cars and what to say about that cybersuck, even Stevie Wonder would say it's fugly.
We all know musk doesn't do shit at all these companies and just rides on the brains of much much smarter people. His complete fiasco with POE2 shows pretty much how he runs his companies.
Lunarorbit
Gold Member
Hahahaha. Yeah right dude. Give me a break. Oh no George soros is gonna get you!
The biggest load of shit ever. Tell me where you been with Alex Jones?
Gtfoh
Zathalus
Member
EVs are not viable? I’m sorry, have you been in a coma the past 10 years?Wouldn't you say this weirdly works in his favour?
The EV market is not viable at this time. Everyone knows it, he knows it. Hes now in a position where the EV market doesn't matter to him. If I was him I'd be utterly over the moon the left are acting like nutcases burning down my (not at all viable) electric car black hole empire.. I'd just claim insurance, be happy my opponents are burning their credibility and relaunch the V8 with a drill drill drill baby sticker on the back
Ultimate win
..But that's just me
Dr.Morris79
Gold Member
JimmyRustler
Member
So wait a minute... We've been complaining about government wasting money and fraud for years and when somebody actually starts to tackle the issue, we are shitting on them? I don't get it... I'm sure there is some interest behind all this but there is no way it's even close in magnitude to the fraud that's been going on and stacked up for decades.
winjer
Gold Member
Your mistake is thinking that Musk is tacking waste.
JimmyRustler
Member
From what I've heard he is. But I'm sure you have a different sause that claims otherwise.
winjer
Gold Member
You are very naive.
Zathalus
Member
Of course they are not for everyone, EVs still have a few disadvantages compared to regular cars. But that is a world apart from being not viable. The market is growing and technology is constantly evolving. EVs have firmly positioned themselves as here to stay.
JimmyRustler
Member
Maybe. Time will tell.
There may be some roadbumps along the way but I am fully convinced that goverments (and not just in the US) need some reforms. There has been too much stacking up over the years and sorting this out is badly needed.
If Musk and his team are the right ones for the job remains to be seen. I think it's a good start and we'll be better off in the end, no matter how it looks like at the moment.
Dr.Morris79
Gold Member
True, I dont doubt that but for quite a few low earning families they're certainly out of a price range, unless You're financing even further into debt.
And even from my own driving it's totally not viable as I drive long, long distance most of the time.
In a city? Low distance commute? Easy to access charging points and you're earning above average wage? Perfect.
Cyberpunkd
Member
Cool, let's just believe what a narcissistic sociopath is saying about himself!
The folks here shitting on elon are either directly affected by DOGE cutting out their sweet easy ride of grift or they are heavily influenced by folks directly affected by DOGE cutting out their sweet easy ride of grift. The amount of bellyaching is gonna hit 2000% of what we are seeing now because BILLIONS and BILLIONS are getting cut off from the grifters and those folks know little else other than how to weaponize outrage and spread misinformation to keep that honey flowing.
This is where we are right now....we can cauterize the wound and heal, or we can die from the infection...
Lukaku's First Touch
Member
"roadbumps". American stocks are down across the board (while with Biden they were up), 80 year old allies are turning away from the US, trading trade wars all around the world , cosy up with mass murderer dictators... if these are roadbumps what are wrecks going to look like.
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JimmyRustler
Member
Often times people like that are needed to initiate change. It is what it is. I've seen enough of him to believe that he, while being crazy at times, generally means well.
Punished Miku
Human Rights Subscription Service
Yeah, like Marco Rubio and most of Trump's cabinet. Those shameless grifters.
Elon Musk and Marco Rubio clash in tense White House argument
The billionaire and the secretary of state were said to have entered into a shouting match during a cabinet meeting
www.thetimes.com
You should look up how much Elon has gotten from the government before you call anyone a grifter.
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He's delivering cheap satellite wireless and space rockets that we can catch. I'll allow it.Yeah, like Marco Rubio and most of Trump's cabinet. Those shameless grifters.
Elon Musk and Marco Rubio clash in tense White House argument
The billionaire and the secretary of state were said to have entered into a shouting match during a cabinet meeting
You should look up how much Elon has gotten from the government before you call anyone a grifter.
Punished Miku
Human Rights Subscription Service
Of course you will.
RJMacready73
Simps for Amouranth
I know this probably is waaaaaaay too far into the Politics side, well tbf everything to do with Elon is now firmly wrapped up in the Trump Administration but until i watched this video i had no idea how corrupt the whole system has now become and how Elon is basically getting everything handed to him, with his behaviour now alienating pretty much anyone with half a braincell, i was up until his involvement in Politics looking to get a Tesla, this year and i like many Europeans would now not been seen dead in one, it's incredible how 1 guy has fallen so far
Apologies to the mods but this is beyond incredible, the levels of corruption here in the first 6wks is almost a parody and Elon is right at the very heart of it.. how!?
Apologies to the mods but this is beyond incredible, the levels of corruption here in the first 6wks is almost a parody and Elon is right at the very heart of it.. how!?
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JimmyRustler
Member
Tell me... do you think government reform is necessary? If yes, can you think of ANY scenario where such a reform would not have looked like a mess? At least at first? Forget Musk, it could have been the most pure and innocent person ever to attempt this and still there would be tons of people out to make them seem like trash.
I mean, I don't know what's right and not. Maybe Musk indeed is only looking for profit for him and his friends. But you can be damn sure the reporting would have been identical no matter who would have attempted this reform.
Ass of Can Whooping
Gold Member
I'm sure there's room for efficiency and there are bad apples that need to be dealt with. I just somehow struggle to trust people to handle something delicate like welfare cuts when they can't even figure out which gaza they're sending condoms too.
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DeafTourette
Perpetually Offended
Musk has lied about people being 110, 150, 250 years old on SS... So did Trump. Lying about that is a precursor to taking MILLIONS off of SS
JimmyRustler
Member
He's not doing this all himself you know...
Aside from that... How about you wait and see? From what I can tell they just started. You are bound to be attacked when you hit the hornets net.
Ass of Can Whooping
Gold Member
I think i've seen enough to know where this trainwreck is heading.
Raven117
Member
Absolute classicIn times like these I still remember this absolute banger of quality journalism:
Who Goes Nazi?, by Dorothy Thompson
Donald mac Ronald
Member
I wonder if the board will still give Elon his 50 billion. Fact is Tesla is synonymous with Elon . If elons name being associated with the brand which is causing those profits to fall and in the future then the board might have to get rid of him.
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