A lot of Tesla watchers and owners are perplexed at Tesla’s new habit of cutting prices in the last year. This is something that they’ve haven’t done much of prior to late 2022. So why start now? Is it all “part of the plan”?
The problem with being overly involved with a brand is that you can easily throw away logic and interpret all news as being favorable. If you don’t believe me, just look at Tesla fans
There are so many people killed by Tesla these days that I don’t really post about them or this would simply become the Tesla Deaths blog. But this couple particularly caught my attention because it seemed so tragic. They had just left their son’s house where they had celebrated their first grandchild’s first birthday. And these were vigorous healthy people who were well known in their long-distance running club. They had many years ahead of them to spend time with their grandkids.
Tesla Cut Prices and STILL Fails to Grow The Tesla stock story is like the 1997 James Cameron movie Titanic. It’s going to end in disaster but there will be a seemingly never ending drama before hand. And many characters in the story will erroneously think it’s unsinkable.
I stumbled on this grossly misinformed tweet by a Hedge Fund manager who fashions himself as a tech expert. It is misinformation like this which can lead retail investors down the road to ruin.
Tesla fan boys are wondering why all the doom and gloom from financial analysts regarding their 42% year-over-year unit delivery increase. So I thought I’d explain it to them. I know many of them frequent my blog.
I watched The Glass Onion on impulse last night after my house finally emptied out after the Christmas festivities. I was so glad I did because it was a thoroughly engrossing movie that was a blast to watch. It’s nice to find an intelligent movie that doesn’t rely on car chases or shootouts to keep the audiences attention.
But I had no idea the whole movie was a big lampoon of Elon Musk. The movie was about a tech billionaire, Miles Bron, who is actually an idiot but got his billions by stealing the innovation of others. And it doesn’t really matter when the movie was written or even if the writers deny having Musk in mind. Because everyone is coming to the same conclusion. And it’s due to the following: According to Toyota “Hardcore” Doesn’t Work This is no surprise to long time Tesla watchers. We’ve been trying to tell all y’all for years now that Musk doesn’t know how to run a company and shouldn’t be allowed to manage people. The guy is a textbook example of what not to do.
There’s been a lot written about the flaming wreckage that is Musk’s takeover of Twitter. But I find it odd that no one has written about how the first people to be let go from the company were the accounting and legal people.
Someone who's invested in Tesla stock is like someone who's jumped off a hi-rise building. If you ask him how he's doing at around the 30th floor he'll say he's doing pretty good. But yet, you know he's about to get splattered in the very near future.
Tesla, like Netflix, has been valued as a tech company and not like their peers in their industry. Netflix is currently going through a stock price revaluation as the reality finally sets in to their investors that they are really just an entertainment and distribution company. That same type of revaluation is coming to Tesla sooner or later. . Why do I say this? Because now even Musk is dumping Tesla stock. And the current stock price bump, which just so happens to coincide with Musk needing to sell his stock is right on schedule. It's speculated by many that Musk is somehow involved with illegal stock price manipulation behind the scenes. That speculation only got louder after the fall of Archegos which is now known to be involved with price manipulation via the options market. And Archegos was a close ally to Cathie Wood's ARKK fund which is knee deep in Tesla. Follow Musk's example. Get out of Tesla stock while you can. The government crack down is coming for their self driving software. And if it goes, so does the stock price. |
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