I hadn’t heard of the True Anon podcast until this week. They popped up on my radar when they decided to take a hard look at Elon Musk and his company Tesla. To say the least, they aren’t Musk fans.
 I don’t make it a habit of ever reading electrek, but I stumbled upon this brazen piece of misinformation by their writer Fred Lambert. It’s shocking in two ways. First, it’s full of outright lies. Second, this guy is an admitted investor in Tesla and yet he makes these blatant attempts to prop up the stock price and prevent a public erosion in confidence in Elon Musk.
 In the latest sign that Elon Musk’s popularity is on the downswing, Anonymous blasted him as an egotistical grifter sucking taxpayer dollars for his loser company and destroying the dreams of hardworking people invested in cryptocurrency. At least one faction of the Anonymous Collective has set it’s sights on Elon Musk.
 Zerohedge is reporting that Tesla’s market share is collapsing. It’s now back down to where it was in early 2019.
 This article is hilarious. Apparently, Tesla owners in Denmark are so fed up with their glitchy, low-quality cars, that they sued Tesla for reimbursement. But here’s the good part. Since Tesla has no defense, and can’t deny the quality problems. They didn’t even bother with any kind of defense.
 On Wednesday, May 12 the NHTSA announced that they were opening a probe into the death of 35 year old Steven Hendrickson whose Tesla ran straight into an over turned truck in Fontana California. Whether or not his Tesla was operating in self-driving mode (FSD) is an open question but the driver was known to be an enthusiastic user of his car’s self-driving features.
 No company benefits more from having a sympathetic press which parrots pure favorable propaganda than Tesla. Tesla reported another horrific quarter of financial results and the headlines mostly ignored the fact that Tesla is a failed company. The Model 3 was supposed to be the high volume car that catapulted Tesla into being a self sustaining entity. But that hasn’t happened. That’s why the stock price immediately went down in the face of “record profits and deliveries”.
 A lot of people don’t really understand the concept of a stock valuation. They see the stock market as a big casino where people can make bets on what might might go up or down. But the big difference between a stock and a casino bet is this. When you buy a stock, you are buying company ownership. Unlike a blackjack bet, you’ve bought something which you own. You own a piece of the future profits of a company.
 By: Invest To Retire, Seeking Alpha
Summary
 By Anton Wahlman, Seeking Alpha
In December 2019, Tesla sold a whopping 12,053 Model 3 units in the Netherlands. It was 13% of Tesla’s entire global automotive unit sales for the entire quarter. |
Categories |
RSS Feed