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Musk's Government Slashing Took Place When He Was Under the Influence of Ketamine, Ecstasy, Adderall, and More

ozso

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Yep, that would be the valuation not connected to actual performance I have been talking about.
Since a business exists to make money, how does a company being worth 1.5 trillion in 2024 to 1.11 trillion in 2025 come out as poor performance?
 
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FenderTL5

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No, it's not being rich. That's glossing. It's being the most successful businessman on earth. And not only that, but nearly twice as successful as the second most successful businessman on earth on top of that.
I'm still not buying your notion that being, "the most successful businessman on earth. And not only that, but nearly twice as successful as the second most successful businessman on earth on top of that," exempts the possibility of drug use. They are not mutually exclusive.
Is it possible he's able to achieve that as a drug addict?
Is it possible that after acheiving enormous success, he began to use and maybe even abuse some drugs, in particular one prescribed to him?
Absolutely possible - imho.
 
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Desk trauma

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Since a business exists to make money, how does a company being worth 1.5 trillion in 2024 to 1.11 trillion in 2025 come out as poor performance?
By looking at measurements of what they actually do, manufacturer and sell cars, which show significant declines. Which means: they are making less money.
 
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FenderTL5

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Since a business exists to make money, how does a company being worth 1.5 trillion in 2024 to 1.11 trillion in 2025 come out as poor performance?
I'm not good at math but that looks like a loss of about 39 billion.
Losing 39 billion is being successful?

This gets to the overall difference in our perspectives, when losing a couple million in a day or week's time is as insignificant as a shrug - anything afterwards is possible.
 
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ozso

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By looking at measurements of what they actually do, manufacturer and sell cars, which show significant declines. Which means: they are making less money.
Tesla is currently worth 0.39 less than it was at its peak. Is that supposed to considered a significant loss?
 
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Desk trauma

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Tesla is currently worth 0.39 less than it was at its peak. Is that supposed to considered a significant loss?
The losses in sales, profit, market share and standing as a brand are significant. The valuation is fantasy.
 
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Desk trauma

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Nonetheless is a company worth a trillion dollars supposed to be viewed a failure?

According to what I looked up, Toyota is the second most valuable car company in the world at $237 billion. Which makes Tesla roughly 4 times more successful than its biggest competitor.
If the only metric used is stock price.

Toyota p/e: 7.28
Tesla p/e: 197.98
 
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ozso

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According to what I looked up, Toyota is the second most valuable car company in the world at $237 billion. Which makes Tesla roughly 4 times more successful than its biggest competitor. Yet it's somehow supposedly doing poorly.
 
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BCP1928

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He's the most successful businessman in the entire world. Twice as successful as the second most successful businessman. In my opinion there's just no way to convincingly gloss it over to realistically portray him as a stoned out idiot who happened to fall into making nearly half a trillion dollars. It just doesn't wash objectively speaking.
Nobody is saying that's what happened.
 
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ozso

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In the US. That's one of the reasons the rest of the world is cleaning our clock on manufacturing.
No globally Tesla is worth $1.1 trillion. Toyota, a Japanese company, comes in second at $237 billion. Which is roughly 4 times less than Tesla.
 
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iluvatar5150

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Yeah, that may be a more convincing talking point (about vehicle aesthetics) if the "we need to get off of fossil fuels asap" crowd didn't spend the better part of a decade driving the "turd on wheels" that was the Prius (and bragging about it)

Let's be frank, environmentalists had no issues with driving an ugly car for the trade-off of "it doesn't burn gasoline and pump smog into the air"

They started hating Tesla for the same reason people were burning their Nikes in the back yard and shooting guns as cases of Bud Light.
The Prius, as far as I know, wasn't an overhyped piece of junk. It may not have been the most aesthetically pleasing car, but it was practical, efficient, and did what it claimed to. The Cybertruck is none of those.

Tesla's started to plateau even before Elon went nuts. Model 3 sales peaked in 2023 and their share of the US EV market has been declining since at least Q1 2022 (the earliest data I saw).

(realized I never hit Post on this yesterday, so I'm a bit late)
 
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BCP1928

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No globally Tesla is worth $1.1 trillion. Toyota, a Japanese company, comes in second at $237 billion. Which is roughly 4 times less than Tesla.
Clearly, Musk is morally superior to Toyoda by the only measure important to Trump supporters.
 
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FenderTL5

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Tesla is currently worth 0.39 less than it was at its peak. Is that supposed to considered a significant loss?
How much of a gain (as a percentage) is losing .39 of 1.5 trillion?

If someone invested $1000 in 2024 at 1.5 trillion, how much would that be worth in 2025 at 1.11?
How much would that person have gained?
 
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