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Comment by evklein | Hacker News Reader

Can someone who knows more about Tesla tell me what the chance is that we see Musk pushed out? I think given his recent scattered priorities, foray into American politics, reported drug use, etc., he's probably lost a lot of the doubt that investors were willing to give him the benefit of.

Imagining that I'm a major holder of TSLA, I'm starting to wonder when the clown show is going to be over and I can get back to making money.

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If you're a serious holder of Tesla and doubted Elon you would probably just sell rather than try to change it because the premium of the stock is all Elon and his ability to convince people of his abilities, nothing about the rest of the company warrants a tenth of its valuation.

The ones that are bullish and holding Tesla are bullish on Elon. Maybe some institutions that have to hold it as part of their funds would step up, but they went along with the fans last compensation vote when Elon threatened to walk away. I guess they don't want the price going down suddenly either

In other words, it’s a cult stock.

Yeah, seems like it's even worse in that it's a _death cult_. The people in it know that it's not worth what the market prices it at, so they know any sudden moves in the wrong direction and they're gonna lose all that value. That leaves no choice but to double down and never stop. The collapse of this thing is going to be incredible.

Their latest move is calling it an AI company. Good luck everyone.

AI and robots.

But so far, all the robot demonstrations have been faked and the AI was spun off as a separate private Musk company.

TSLA's hyper-irrational stock price is directly tied to the Musk cult. Without him the stock would be 1/10th as valuable.

There are actually two Musks on the board. Kimbal Musk is Elon’s brother. Could both of them get pushed out?

I doubt it. The stock is a meme and it’s entirely propped up by Elons smoke and mirrors.

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