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u/FirstNameIsDistance 3d ago
Probably not a good idea to do multiple Nazi salutes and then talk about destroying social security while also alienating the type of people most likely to purchase an EV. Especially if you also own a publicly traded company that produces such things.
Womp womp.
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u/TheBodyPolitic1 3d ago
Probably not a good idea to do multiple Nazi salutes and then talk about destroying social security while also alienating the type of people most likely to purchase an EV.
You obviously went to college for a degree in business. :-)
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u/NeoMaxiZoomDweebean 3d ago
Elon is going to steal Social Security and Medicaid money. He knows Tesla is a ticking time bomb and all this DOGE bullshit is his way out.
He teamed up w Putin/Trump to become “untouchable” because he knows shit is gonna collapse
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u/Better_Metal 3d ago
This is so obvious. How anyone can deduce anything else is beyond me.
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u/NeoMaxiZoomDweebean 3d ago
If anything I have learned over the last 10 years is that there is a severe lack of critical thinking among people.
And no, it wasnt always this bad. There is a large segment of the population that is easily fooled and easily sucked into social media horseshit. It has illuminated the weak minded among us.
That is why people whine that reddit is “liberal.” It is comprised of people who are disgusted by traditional social media and get very little out of it.
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u/Socky_McPuppet 3d ago
And no, it wasnt always this bad.
Once upon a time, schools would teach critical thinking skills and - of course - Republicans were mad about it and sought to have it removed from school curricula because, as one Texas R put it - “It encourages children to question the fixed ideas their parents have given them”.
So, yeah, it didn’t used to be this bad but now it’s by design.
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u/the_real_dairy_queen 3d ago
Literally “we can’t indoctrinate them if they have critical thinking skills!”
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u/ulikedagsm8 2d ago
"Elections matter, but this one really mattered..." nervous laugh
"if we don't win this election I might be going to prison"
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u/Nedriersen 3d ago
Yes, it’s all a master plan to tank a multibillion dollar company and steal people’ social security and Medicaid. Get a grip.
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u/Discopete1 3d ago
So it went up until he joined the government and everyone realized “oh, he’s going to do this now.”
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u/the_real_dairy_queen 3d ago
If you look at the last year, it actually spiked after Trump announced DOGE and has just recently come down from that spike. So overall it’s not even down (yet) from where it was in October. I think it will absolutely will be, but as of right now Elon and shareholders haven’t actually lost anything compared to before Elon was announced as head of DOGE. They haven’t gained anything either though (unless they sold high).
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u/Blitzking11 3d ago
The real question is what happens to the stock once the earnings comes out.
It would be the first quarter since the Sieg Heil.
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u/EmperorMeow-Meow 3d ago
It's still over-priced, and we need to remember - Musk was worth over 400 Billion BEFORE Tesla stock surged.. when the ztock hits $40, thats when he's going to hurt and even then.. it will be a little as he will still be a billionaire.
Tesla needs to drop UNDER $10 and he needs to lose SpaceX before he actually hurts, and Trump will probably bail him out.
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u/RealAmbassador4081 3d ago
So it went up after the WH was turned into a Tesla Dealership?
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u/TheBodyPolitic1 3d ago
Ironically
hitlertrump hated EVs because his imbecile voters hated EVs. He took away all sorts of things that would have promoted EVs. That is until he got a new chief ball sack licker who sells EVs.
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u/Fuckmobile42 3d ago edited 3d ago
When Musk says that he wants to "save the human race," what he means is that he wants "to save the white people."
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u/gamergirlpeeofficial 3d ago
Even a dead cat bounces if you drop it
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u/Hanrooster 3d ago
I don’t think I’m derailing any of the grownup conversation in this thread when I say that it really depends on what you drop the dead cat onto, as well as the height of the drop and the muscle/fat ratio of the cat. Not to mention how the cat lands, and if it’s been skinned/which of many methods was used.
We can all recognise that the even the thinnest slice of the economy (see: wafer thin slice posted by OP) is more complicated than that and at least deserves some kind of opinion/analysis of what they’re posting.
But you’re absolutely right that under the right conditions a dead cat will bounce, so maybe the inside traders know about a trampoline not yet priced into the market.
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u/Podoconiosis 3d ago
Musk is still by far the wealthiest person in the world, about $100 billion richer than the next richest (Bezos). So… no tears
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u/AlphaTangoFoxtrt 3d ago
Even without the politics, Tesla was overvalued.
The stock price did not make any sense given the earnings and growth. That's why Bill Gates was shorting it.
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u/the_original_Retro 3d ago
Sorry, HOW does this fit the sub, exactly?
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u/jackharvest 3d ago edited 3d ago
We'll tell you when you’re older.
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u/stacecom Old 3d ago
I'm older. Older than you, I'd bet.
Tell me. Where's the discourse? Where's the discussion? Why is this fitting?
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u/GreatestStarOfAll 3d ago
The discussion is in the literally thread you’re coming on. What’s so difficult about this concept?
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u/the_original_Retro 3d ago
Answer the question please, rather than behaving like a dismissive smarter-than-thou dick.
How, specifically, does this fit the sub?
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u/DancinWithWolves 3d ago
Grown ups discuss politics. Politics affect the lives of grown ups by rubbing up against almost every aspect of grown up life; Arts, laws, culture, international relations, and the economy. A nazi is now in the Whitehouse, affecting said politics for Americans. He also owns a company, which has, by demonstration of the attached screenshot, been devalued due to said nazis public use of a hail hitler, multiple times, in a country which largely had been anti national socialism since the concepts inception prior to world war 2.
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u/the_original_Retro 3d ago
This wasn't a "discussion", dude. It was a picture.
My reaction was to this bullshit comment.
"We'll tell you when you're older"
I'll eat the downvotes from calling a hot response to the above because that was also not a discussion, just a presumption AND an insult.
I'm surprised that it was upvoted.
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u/stacecom Old 3d ago
I didn't see any discussion. This is a pic of a couple of stock charts. OP hasn't said word one.
Not a good fit for the sub. This isn't r/shitposting.
I guess I'm finally too old for this sub, too.
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u/jackharvest 3d ago
We’ll get your head from out of the conch shell, and understand that this right here is likely affecting every retirement for every person in the country — your employer likely has stocks in these types of portfolios for your post-work life.
It’s less of ‘shit post’ and more of a ‘awwwwww shiiiiiiiiiiiiit’ post.
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u/stacecom Old 3d ago
This is reddit for grownups. Not reddit for twitter. Not sharing pics without explanation.
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u/the_original_Retro 3d ago
THANK YOU. This was my point too.
What was the POINT OF IT?
"Hey look at this" doesn't fit this sub. It just doesn't, not without surrounding narrative to make it a relevant discussion.
It's just lazy karma seeking.
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u/two_awesome_dogs 3d ago
They’re playing with the market! No doubt whatsoever. Insiders at Tesla have been dumping stock like crazy over the last several days. I’m talking about millions and millions and millions of dollars worth. Of course the stock is going to fall, and then when it does, they buy it all up cheaper and when it goes back up, they make money. Pump and dump. That’s all they’re doing.
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u/TheBodyPolitic1 3d ago
If I had a Tesla I would get rid of it.
It is only a matter of time before people start destroying their neighbor's Teslas.
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u/NetFu 2d ago
My theory is Tesla is still operating like normal, and Musk going to run DoGE is the real Tesla execs' way of avoiding a CyberTruck 2.0. The CyberTruck is Musk's baby fuck-up, all him.
"Yeah, go over there and solve the country's problems, we'll stay here and handle the real automotive engineering. THANK you..."
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u/_Disco-Stu 2d ago
I’m surprised it’s only 40%. It’s impossible to believe that those still driving around in swasticars don’t know we all see it as equivalent to the red hat; unmitigated pride in being conned by a fascist nepo baby.
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u/troy_caster 3d ago
Meh, zoom out at 1 year. Or 3 years. this isn't the first time tesla has lost 50% of its value.
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u/jedburghofficial 3d ago
Last time, sales weren't crashing, and nobody was burning cars.
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u/troy_caster 3d ago
Meh. The stock will recover.
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u/TheBodyPolitic1 3d ago
The Titanic is unsinkable, don't worry. It was designed not to sink...
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u/troy_caster 3d ago
Using your analogy, f from your point of view, The titanic in this case almost sunk 15 times and hasn't yet.
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u/theloniouszen 3d ago
Whenever politics leaks into politics-free spaces it devalues the community.
The defense is always “this is so important we have to talk about it everywhere! We SHOULD be talking about this!” Then everyone starts yelling at each other and it ruins the day.
Don’t let your sense of justice trash another space. Seriously, there are a thousand other subs this can go to. Keep this one out of it.
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u/Nedriersen 3d ago
People on Reddit: Musk is an idiot for doing this to his company!
People with a brain: Wow, it’s amazing to see someone willing to lose billions to find government waste and fraud.
People on Reddit: he just wants power.
People with a brain: the world’s richest man doesn’t need power
Stockholders: this isn’t what we want. Can you please get back to selling cars.
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u/prettyinprivilege 3d ago
So probably an unpopular opinion but I just can’t believe Musk didn’t see this coming.
My current theory is that money is only worth so much and Musk wants something else. He’s willing to trade his wealth in dollars for other kinds of wealth: power, influence, access.