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

ThatRobGuy

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You really think a small car maker is worth more than all of the other car companies in the country combined?
I was referring to the EV market share.

For what it's worth, even with all the other car makers dipping their toes into the EV market, Tesla still has over 40% of the domestic market share for electric vehicles.


As of the first quarter of 2025, Tesla holds approximately 43.5% of the U.S. electric vehicle (EV) market share, according to Cox Automotive . This marks a decline from 49% in 2024 and 55% in 2023, continuing a downward trend from its peak of 75% in early 2022.
 
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Servus

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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?
Well 1.5 trillion was the peak number. So I'd say it depends on when the stock was bought.
 
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ThatRobGuy

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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 claim I was replying to was that their market share was down because "Their latest product is an electric El Camino dressed in panels from an old walk-in cooler."

I was suggesting that sales decline had less to do with the "looks", and more to do with peoples' distaste for the owner's political positions. (Given that people were more than willing to drive some quite ugly EVs and Hybrids for over a decade)


It would be like if people were trying to claim that the reason for Bud Light sales taking a dip was because the beer tastes bad... It's always tasted bad, and people boycotting it happily drank other ones that tasted just as bad. Anyone with half a brain knew that the reason for the dip was the whole Dylan Mulvaney thing.
 
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BCP1928

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No what I'm saying is the picture being painted of Musk doesn't fit where he's at in the world of business success. Which is way beyond anyone else. I don't think that astronomical level of success is something someone who's all doped up could achieve. To me that's an extremely silly notion.
It depends on what you mean by "all doped up." Ketamine is an anti--depressant, perhaps he needs it to succeed.
 
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Servus

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It depends on what you mean by "all doped up." Ketamine is an anti--depressant, perhaps he needs it to succeed.
The title says Ketamine, Ecstasy, Adderall, and More. And the claim seems to be that his drug use is so bad it's causing a severly negative impact on his ability to perform.
 
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iluvatar5150

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The claim I was replying to was that their market share was down because "Their latest product is an electric El Camino dressed in panels from an old walk-in cooler."

I was suggesting that sales decline had less to do with the "looks", and more to do with peoples' distaste for the owner's political positions. (Given that people were more than willing to drive some quite ugly EVs and Hybrids for over a decade)


It would be like if people were trying to claim that the reason for Bud Light sales taking a dip was because the beer tastes bad... It's always tasted bad, and people boycotting it happily drank other ones that tasted just as bad. Anyone with half a brain knew that the reason for the dip was the whole Dylan Mulvaney thing.
The brand’s overall decline in sales is almost certainly due to Musk’s other activities. Regarding the Cybertruck specifically, it’s more than that. I know plenty of Tesla owners, and plenty of others who seriously considered them, and everybody hates that thing. Nobody who bought a Model 3 or Y would look at that and see it as a reasonable next purchase. It’s ostentatious, expensive, impractical, and poorly-built. At best, it was going to be a goofy niche vehicle that appeals only to a small segment of enthusiasts, like those 3-wheel Polaris things or maybe some kind of sports car. Musk’s antics just made it worse.
 
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NxNW

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According to what I looked up, Toyota is the second most valuable car company in the world at $237 billion.
Market capitalization is not the same as cash on hand. You have no idea what you're talking about here.
 
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ThatRobGuy

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As for "the Left," I find that to be a pretty broad brush. This is double true is you consider the transformation of Musk over the last few years. Just a few years ago, he appeared to champion several liberal causes. I will agree, though, that some of them appear to be quite "petty." People are people, they don't like feeling betrayed by individuals that they believed supported the same things they believe.

By acknowledging that it had to do with them "feeling betrayed" doesn't that support what I was saying though?

Where it's less about the product, and more about the political signaling?

Per NPR:
Between January 2023 and July 2024, Democratic favorability for Tesla dropped from 59% to 16%


And with regards to the Cybertruck in particular, many forget that the prototype for that was unveiled back in 2019, well before Elon went "Dark MAGA".

And if you use the advanced search tools to go back and read some articles from 2019 about it, you'll see a very different tone among some of the left-leaning publications that was much more nuanced and open, and more inclined to highlight the benefits of getting the "I want a truck" crowd more receptive to the idea of EVs.


There was certainly a media manipulation dynamic going on here with some circular feedback loops.

Step 1) Media successfully convinces people that Teslas are terrible, thereby leading to a decline in sales
Step 2) Same outlet runs articles about how Teslas sales are down, using that as evidence for "Teslas are terrible"
 
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Servus

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You have no idea how to derive intrinsic value, do you?

Market capitalization is not the same as cash on hand. You have no idea what you're talking about here.
Could you offer something more substantial than accusations and insults?
 
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Desk trauma

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Could you offer something more substantial than accusations and insults?
Why should anyone put in the effort here? All substantive replies are greeted with “stonk price go burr!” In reply.
 
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GoldenBoy89

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I think people with a drug problem aren't that astronomically successful.
Never heard of rock stars, have you?
Prove me wrong if you want to.
I don’t.
But if you're going to use someone else as an example please pick a mega successful businessman like Jeff Bezos rather than say Elvis Presley.
Why would anyone need to follow your silly prescribed rules? Any successful person with a drug problem refutes your entire point.
 
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Servus

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Why should anyone put in the effort here? All substantive replies are greeted with “stick price go burr!” In reply.
Post accusations and insults rather than put any effort into your argument. Okey dokey.
 
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Servus

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Never heard of rock stars, have you?
You're not the first one in this thread to bring up that false equivalency. Mega successful businessmen are the correct equivalency.
I don’t.
Or can't.
Why would anyone need to follow your silly prescribed rules? Any successful person with a drug problem refutes your entire point.
Using an actual equivalent in making a comparison is a silly rule. Okey dokey. I wonder what "comparing apples to oranges" actually means then.
 
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ThatRobGuy

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The brand’s overall decline in sales is almost certainly due to Musk’s other activities. Regarding the Cybertruck specifically, it’s more than that. I know plenty of Tesla owners, and plenty of others who seriously considered them, and everybody hates that thing. Nobody who bought a Model 3 or Y would look at that and see it as a reasonable next purchase. It’s ostentatious, expensive, impractical, and poorly-built. At best, it was going to be a goofy niche vehicle that appeals only to a small segment of enthusiasts, like those 3-wheel Polaris things or maybe some kind of sports car. Musk’s antics just made it worse.

Even the cybertruck in particular, if you go back and look at articles from 2019 about it, they were much more nuanced

While they would acknowledge that it looked "odd", they almost talked about it in a "weird is good" (in a hipster kind of sense), and would often counterbalance any soft aesthetic critiques with a reminder that "EVs are important, and if this can get some truck drivers on to EVs, it's a net good"

Had Musk not re-aligned his political views, I'm guessing that a lot of left-leaning folks would've seen one as a status symbol, much like they did the Prius or the Chevy Bolt. (the Chevy Bolt was riddled with design flaws, battery issues, and constant recalls -- and despite all that, they still moved over 300,000 units)
 
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wing2000

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Even the cybertruck in particular, if you go back and look at articles from 2019 about it, they were much more nuanced

...naturally. Writers are going to be biased torward unique vehicles that are breaking new groud.

Once the production cybertrucks finally did hit the market, there were many quality issues and as another poster wrote, there just wasn't a large market for such a niche vehicle. E-pickups in general have not done as well as all manufactures had planned. The limited range, especially when towing, is a big drawback.
Had Musk not re-aligned his political views, I'm guessing that a lot of left-leaning folks would've seen one as a status symbol, much like they did the Prius or the Chevy Bolt. (the Chevy Bolt was riddled with design flaws, battery issues, and constant recalls -- and despite all that, they still moved over 300,000 units)

I doubt Prius or Chevy Bolt buyers were motivated by status. A more likely motivator was owning a low cost vehicle that was seen as a green alternative to comparable gas vehicles.
 
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durangodawood

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....I doubt Prius or Chevy Bolt buyers were motivated by status. A more likely motivator was owning a low cost vehicle that was seen as a green alternative to comparable gas vehicles.
For Rob, "virtue signaling" is the most prevalent and diabolical problem in the contemporary world.
 
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Nithavela

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For Rob, "virtue signaling" is the most prevalent and diabolical problem in the contemporary world.
And of course, everyone who does good is virtue signalling because they weren't perfect in everything they ever did.
 
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