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hearsathought

> The reason it increased (not doubled)

It did double. Check the april lows.

> is that their CEOs public behavior drove the value down over 100 points in the months prior.

And yet, he is still CEO. Not only that, didn't the board just award him a new pay package?

> I think the meme stock comment above actually has some merit though.

A $1.5 trillion meme stock? Don't think so. A S&P500 company that is a meme stock. Don't think so. It is highly volatile, but it isn't gamestop.

All I'm saying is that Musk is still the CEO because enough shareholders back him. Why? Who knows. Maybe it's because he's increased the value of tsla from a few billion to $1.5 trillion in the past 15 years. Who knows.

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It's absolutely a meme stock. I own a Tesla (though given Musks's overt anti-democratic political actions it will be my last).

They haven't improved the car for at least five years. Yes, autopilot is better, but that's it. And no, autopilot is not going to be doing autonomous driving globally anytime soon.

There is absolutely no justification for such a valuation. Humanoid robots? That's as short sighted as vision only self driving. There are any number of vastly more promising robotics companies.

As a previous Tesla stock holder and still car owner, I want Tesla to be a good car company first. It is not. And the CEO has gone out of his way to alienate and be hostile to his own customer base.

> It's absolutely a meme stock. I own a Tesla (though given Musks's overt anti-democratic political actions it will be my last).

It's a meme stock because musk hurt your feelings? If you think the stock of company valued at $1.5 trillion is a "meme stock", it's because of your political agenda. Not reality.

> There is absolutely no justification for such a valuation.

There must be some justification. Otherwise it wouldn't be trading at $1.5 trillion.

> I want Tesla to be a good car company first.

Musk has been open about what tesla is. It surely isn't a "car company".

> And the CEO has gone out of his way to alienate and be hostile to his own customer base.

You are not his "customer base". The narcissism and sense of self-importance is off the charts.

Seems someone is a little mad. Lesson for you and Tesla, don't like the negative comments? Be better. Don't like all the stock shorts? Have a real business plan that isn't "oh we're not really a car company we instead make unicorn farts."

I would feel better as an investor if he made it a highly profitable company with a trusted brand, instead of heading in the other direction on both fronts.

We certainly need to hold people accountable for their actions, and their words. Yet at the same time, Elon seems to have no filter. I don't suspect him of plotting anything sneaky, because if he was, he'd just imbibe something, and go on about it one night on X.

I get more worried about all the CEOs that say effectively nothing. That seem to have PR team coaching them on everything they say. It's the quiet, plotting ones we should be exceptionally concerned about.

Because we have no idea what they're really thinking.

I'm afraid you are falling for a psychopath (see e.g. https://www.youtube.com/watch?v=01LK1hxpwcY for analysis). They are sometimes good at lying.

Why not just buy Apple if you’re looking for a company focused on extracting profits from a cash cow rather than risky innovation with big potential upside and downside?

I do. I’m not actually an investor I’m heavily short TSLA right now.

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