Make musk a millionaire again :)
I remember a few weeks ago Dutch pension funds sold all their Tesla stock because they felt it wasn’t a safe investment anymore. The decision was laughed at on reddit because Tesla still went up a little bit after that, clearly it was a political choice and the uncertainty was just an excuse, surely the Dutch people would be annoyed that politics cost them big gains on their pensions, etc etc.
I feel vindicated. Let’s see how low it can go!
DIAMOND HANDS TO HELL!
Diamond hands are for bag holders Know your exit and get the fuck out when the time is right.
Shush! No! Let the elon bros crash too!
Down over 50% since the all-time-high in December 2024, post-Trump election.
So that’s definitely a win!
Still needs to drop ANOTHER 90% to get back down to pre-2020 levels though…🤞🏻
Does anyone know if the insurance for these cars have gone up yet? With them being more dangerous than a ford pinto and all the vandalism you would think the insurance companies would raise the rates.
It’s up over $60 from where it was at this time last year, so there’s still work to do on this clearly overinflated stock
Tesla has been over inflated for years now. At one point (for quite a long time) it was worth more than every other major auto maker combined despite having pitiful profits relative to Toyota or many of the other players.
220 right now
We aren’t stopping here😈
Next up: Elon sueing car drivers for not buying his swasticar just like he tried on twitter with advertisers.
He will just buy them himself, look at the sales numbers in Canada… 8,600 cars in 3 days! In Canada…
I think the canadian Feds are looking into that, and I hope they fine the ever loving crap out of him.
Is it wrong to think that people should go to jail for fraud instead of just fines everywhere?
How are they going to jail the President of the United States?
Have a warrant for his arrest, make him never come to Canada again and if he renounces his citizenship even better!
Then grab him next time he comes to Canada. Can’t be pardoned by the puppet for crimes done in another country.
No not at all, i have just given up all hope on seeing any kind of justice like that in the united states.
I can see him actually doing this
That’s a very low effort fraud, by the way
That particular situation looks like it may be due to how the process worked and government comments that the money would be running out earlier than planned.
Apparently dealers weren’t required to submit at the time of sale, but on a monthly or quarterly basis instead, which is a very common timeline for businesses to handle things like that. But after the announcement of the program ending early, Tesla submitted everything they had pending immediately, which makes complete sense.
I have not done a lot of research on this particular topic, and the little I have done may not have been accurate sources, but that situation would line up without needing to grasp at any crazy theories.
Suing people for not buying tesla stock and suing those who sell it.
Fucking fire Elon so Tesla can actually make good shit. Honestly man, Elon could’ve just stfu and collected money.
I have an alternative proposition:
As a society, we should all agree that car culture is not good. It is not good for the health of cities, not good for the envinronment, not good for anything really. Let’s get as far away from cars as possible and start improving public transport and other ways of moving. One thing I would love to see is more shade in cities, from trees. Way way way more trees.
I assume you’re talking about cities where it’s baking sun and so too hot to walk. One problem. Trees don’t like that either and so need artificial irrigation. Plus trees tend to do lots of damage to drains and sewers as their roots seek water. Generally trees and cities aren’t a great mix except in certain areas (green spaces which are maintained).
Are you speaking as an American or a European? Because I generally think American cities are hostile to anything except cars (being built after cars) and European cities are hostile to cars (being built before cars).
I’ve seen videos of people regreening deserts and it was kinda cool. They like carve out a U shape and plant things that work for the type of environment and it keeps water longer.
I know that wasn’t your point and it’s a complete non-sequitur but I enjoyed the vid.
I think it was videos like this: https://www.youtube.com/watch?v=F7pyGgBmzDY
I visited a few larger european cities and I got to admit that I don’t feel the same.
All but a few I saw were changed to accommodate car traffic to a high or extreme level and only after recent decades there is some incentive to shrink the area that is dedicated to motorized traffic and parking zones.
Being from germany my perception of how hostile cities can be towards pedestrians might be skewed compared to american experiences.
The dutch way off a professionally thought out and highly efficent pathway for cyclists and extended pedestrian zones comes to mind as well as a plan to redesign Paris as a pedestrian tourist powerhouse as it struggles with perceived pollution, noise and heat thus diminishing its touristic visits.
Like you said, Paris was build before cars were widespread and could return to a modern resemblance of it’s old self. I feel there is immense touristic potential in catering this idea creating pilot projects for hundreds of metropolitan areas where old infrastructure is maintained in presentable fashion.
So I feel that there are good reasons to reevaluate how we want to change our older densely build areas to find a good balance, ensuring that local population has ways of living their everyday live in timesaving and fulfilling manner but also creating spaces that are worthwhile, relaxing to stay in.
Down with Tesla!!
Hope this guy ends up piss-poor and very sad.
More dramatic to say $320 billion in market cap has been destroyed.
No, rather $320 billion dollars in speculative value has simple been unrealised! 😉
Or that it’s down 34% since the start of the year. At this rate the company will be bankrupt by the 3rd quarter.
They dropped 72% in late 2021 albeit over 15 months. What I’m saying is, they can beat that record, and quicker this time… I believe in them!!
A fair price for the stock is 0.
Nah. It should be negative. There is such a big disgust of mine when seeing Tesla that they should pay me if they want me to buy the stock.
Na, it’ll have a bit of value. Once it goes bust other car companies can pick it apart for it’s patient portfolio.
But I thought all his patents are free and open? Would Musk ever just tell a lie like that?
Oh, I’d not heard that. Maybe 0 is what they’re worth then
He made that claim like 10 years ago. It was a lie.
Down 10% today so far. They’re working on it. :)
This only gets me downvotes, and I don’t make the rules, but I do enforce them:
$100.00
no one gives a shit
I always wondered about that. It seems sensible to have it at the end, so in my mind I can read 100€ as “hundred euros”. But $100, I can’t help but read it as “dollars hundred”. Feels wonky. Although I guess this is a quirk that comes from not having dollars and as such, that format, nor English as an official language, so natives probably don’t “read” it in their minds like that?
The unit symbol should follow the quantity, as this is how it’s generally read and spoken. Just because it’s tradition doesn’t mean we should keep doing it.
It signifies currency and that’s why we do it.
Nikola spinning in his grave so hard, EVs can charge up there.
He charges Euro cars only
I feel bad for the engineers that work there. But I feel great that it’s literally destroying musk net worth.
I don’t. They work for a terrible guy and they KNOW it.
Many of them are immigrants who got in with work visas so they can’t easily change jobs. Elon knows this and exploits the situation. It’s all just terrible.
maybe they will lose their jobs and be hired by other EV companies.
See it like this for a less bleak angle: It’s unlikely tesla is going to just close up shop, even if the trend continues. And if it gets really bad, there will likely be a sale of ownership.
If it continues like this the shareholders will pressure him to remove himself from the board. Sadly I think he still owns a controlling stake, so they can’t fire him.
They should’ve started looking for new roles right after his inauguration speech
This has more to do with investors than boycotts…
Tesla stock price hasn’t been based on company performance, like, ever.
I’d go as far to say even the reduced sales in Europe aren’t due to anything Tesla is doing, it’s because y’all are allowed to buy BYD, which is better quality than Tesla at less than half the price.
Not to mention this just brings the stock price back to where it was more or less 6 months ago. And it was already considered highly overvalued back then, so it has plenty more room to drop to more reasonable levels. Not that the market cares much about reasonable.
You are right about other manufactors. But many analysts and news sources see a clear effect from boycott, brand rot and Musk-dislike, too. Here are few examples:
German version
Das Nettovermögen von Elon Musk ist in diesem Jahr aufgrund des Einbruchs der Tesla-Aktie um 102 Milliarden Dollar (94 Milliarden Euro) gesunken.
Die Tesla-Aktie wurde durch Verkaufsrückgänge, politische Abneigung gegen Musk und Ablenkungsbedenken in Mitleidenschaft gezogen.
Elon Musk’s net worth has dropped by $102 billion (94 billion euros) this year due to the collapse of Tesla’s stock.
The Tesla stock has been affected by sales declines, political dislike of Musk, and distraction concerns.
https://www.20min.ch/story/aktie-absturz-elon-musk-verliert-ein-viertel-seines-vermoegens-103297016
German version
Die Tesla-Aktie hat in den letzten zweieinhalb Monaten viel an Wert verloren. Chef Elon Musk muss nun mit 128 Milliarden Dollar weniger auskommen.
Grund für die Nervosität an den Börsen in den letzten Wochen ist die Angst vor einem globalen Handelskrieg, nachdem US-Präsident Trump wiederholt mit Strafzöllen gegen China, Mexiko und Kanada gedroht hat – und diese zeitweise auch umgesetzt hat.
Tesla kämpft zudem mit schlechten Verkaufszahlen in Europa. Die Verkaufszahlen in Europa lagen laut den am Montag veröffentlichten Zahlen im Januar um 45 Prozent unter denen des Vorjahresmonats. Demnach wurden im vergangenen Monat nur etwa 10’000 Tesla-Fahrzeuge auf dem Kontinent verkauft.
The Tesla stock has lost a lot of value in the last two and a half months. CEO Elon Musk now has to make do with $128 billion less.
The reason for the nervousness in the stock markets in recent weeks is the fear of a global trade war after US President Trump repeatedly threatened and temporarily implemented punitive tariffs against China, Mexico, and Canada.
Tesla is also struggling with poor sales figures in Europe. According to the figures released on Monday, sales in Europe in January were 45 percent lower than in the same month last year. According to the report, only about 10,000 Tesla vehicles were sold on the continent last month.
Here also two recent news about how drastic the crash of Tesla sale and share is:
https://www.golem.de/news/elon-musk-tesla-absatz-bricht-noch-staerker-ein-2503-194030.html
German version
Die Absatzflaute von Tesla hat sich im Februar 2025 fortgesetzt. Nach Angaben des Kraftfahrt-Bundesamtes (KBA) sank die Zahl der Neuzulassungen des US-Elektroautoherstellers in Deutschland im Jahresvergleich um 76,3 Prozent.
Insgesamt legte der Verkauf von Elektroautos hingegen um 30,8 Prozent zu. Schon im Januar 2025 gingen die Zulassungszahlen von Tesla um 60 Prozent zurück.
Tesla’s sales slump continued in February 2025. According to the Federal Motor Transport Authority (KBA), the number of new registrations of the US electric car manufacturer in Germany fell by 76.3 percent year-on-year.
Overall, however, electric car sales increased by 30.8 percent. As early as January 2025, Tesla’s registration figures fell by 60 percent.
German version
In Europa und Nordamerika hat Tesla Probleme. Nun sind auch im wichtigsten Absatzmarkt China die Verkaufszahlen des E-Auto-Herstellers eingebrochen. Das US-Unternehmen verkaufte dort im Februar 30.688 Fahrzeuge – 49 Prozent weniger als im Februar 2024, wie der chinesische Branchenverband CPCA mitteilt.
Der Kursabsturz der Tesla-Aktie setzt sich fort. Der Kurswert sackte bis Dienstagabend um rund fünf Prozent ab. Seit Mitte Dezember hat Tesla mehr als ein Drittel seiner Marktkapitalisierung verloren.
Tesla is facing problems in Europe and North America. Now, sales figures for the e-car manufacturer have also plummeted in the most important market, China. The US company sold 30,688 vehicles there in February – 49 percent less than in February 2024, as the Chinese industry association CPCA reports.
The crash of Tesla’s stock continues. The share price dropped by around five percent by Tuesday evening. Since mid-December, Tesla has lost more than a third of its market capitalization.
Keep up the boycott and protests, it is working. Make Musk poor!
By all means keep up the boycott, no one should be buying Tesla…
But we need to be realistic what caused the stock price to drop and what’s effective. Tesla stock bisnt based on how much Tesla makes. It’s based on what people will pay to buy it.
If the company starts losing money by over manufacturing for their demand, their stock will go down because people don’t like buying stocks in dying companies.
It’s a battle of inches. We have to take every step in order to impact it, not just ignore it and wait for it to go away
their stock will go down because people don’t like buying stocks in dying companies.
Stock price is whatever people are willing to buy it for
Rational investors base that on stuff like you’re talking about.
A lot of Tesla investors don’t value the price of Tesla stock on company performance, they just like Musk and when price drops they buy more.
One does wonder what the board members are doing, other than sitting on their hands and watching their company being dragged through the mud.
Musk is surely in breach of contract with Tesla as CEO for his behaviour which has directly affected the brand’s reputation. Time they gave him the boot.
Under the top 10 EV-selling companies in 2024 in Europe was only one Chinese company (disguised as Volvo), and wasn’t BYD. BYD is growing, but still very small. They have just a few dealers, and almost no garages.
https://www.elektroauto-news.net/news/europa-autojahr-2024-zahlen-grafiken
![[u/AdaXaX] We have power! Tesla’s stock is now 100$ less worth than one month ago. Keep the boycott spinning! Buy from the EU only!](https://feddit.org/pictrs/image/62714b19-8b16-4ee0-8245-713a4dcc9ac1.jpeg){kind=link}