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

ozso said:

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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That's a 26% drop - I'd call that pretty significant.

RocksInMyHead said:

That's a 26% drop - I'd call that pretty significant.

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Yet still 4 times more than Toyota in 2nd place.

ozso said:

Yet still 4 times more than Toyota in 2nd place.

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And? It's already been pointed out to you that total market cap (which is based on stock price) has very little to do with a company's actual performance. You asked if a 26% drop in market cap was significant. I answered - it is.

RocksInMyHead said:

And? It's already been pointed out to you that total market cap (which is based on stock price) has very little to do with a company's actual performance. You asked if a 26% drop in market cap was significant. I answered - it is.

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Sorry but I don't see 1.5 trillion to 1.1 trillion as a significant loss. It's still over a trillion dollars. When it gets below Toyota's 300 billion let me know.

ozso said:

Sorry but I don't see 1.5 trillion to 1.1 trillion as a significant loss.

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For your own sake, I hope you're not in finance.

RocksInMyHead said:

For your own sake, I hope you're not in finance.

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People is this thread keep resorting to belittling remarks when I don't go along with the idea that a trillion dollar company is on the rocks and that the man running it must be a drug addict.

ozso said:

People is this thread keep resorting to belittling remarks when I don't go along with the idea that a trillion dollar company is on the rocks and that the man running it must be a drug addict.

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No one is claiming Tesla is on the rocks. At the same time, it is true that their sales are down and they have lost a lot of market share, particularly outside of the US. None of which has anything to do with claims the primary shareholder has been abusing drugs.

It also doesn't help that stock price is not, and has never been, the best indicator of how a company is performing. Stocks do occasionally go up in price despite the actual performance of the company. One great example of this historically was Amazon, which in the early 2000s kept going up in price despite the company losing money every year.

The issue with you claiming how much more value Tesla has than Toyota, based on stock price, is that the actual financial results of the companies tell a completely different story. I mean, taken by themselves the numbers for Tesla sound great (for those who don't know the auto industry: 1,789,226 vehicles delivered and earnings of $97.69 billion. The issue is when you compare that to Toyota: 9,362,000 vehicles sold (so 5x the number of cars Tesla sold), with total earnings of $314 billion. And even when Tesla sold the most cars they ever had (before the loss of sales), they were still at least 5 times lower than Toyota sales. This is what people are talking about when they say Tesla stock in overinflated, the price of the stock doesn't match the actual value of the company, either their sales or the net worth of everything Tesla owns.

SimplyMe said:

No one is claiming Tesla is on the rocks. At the same time, it is true that their sales are down and they have lost a lot of market share, particularly outside of the US. None of which has anything to do claims the primary shareholder has been abusing drugs.

It also doesn't help that stock price is not, and has never been, the best indicator of how a company is performing. Stocks do occasionally go up in price despite the actual performance of the company. One great example of this historically was Amazon, which in the early 2000s kept going up in price despite the company losing money every year.

The issue with you claiming how much more value Tesla has than Toyota, based on stock price, is that the actual financial results of the companies tell a completely different story. I mean, taken by themselves the numbers for Tesla sound great (for those who don't know the auto industry: 1,789,226 vehicles delivered and earnings of $97.69 billion. The issue is when you compare that to Toyota: 9,362,000 vehicles sold (so 5x the number of cars Tesla sold), with total earnings of $314 billion. And even when Tesla sold the most cars, they were still at least 5 times lower than Toyota sales. This is what people are talking about when they say Tesla stock in overinflated, the price of the stock doesn't match the actual value of the company, either their sales or the net worth of everything Tesla owns.

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I looked up "how much is Tesla worth" and I got "1.1 trillion USD". And that's what I've chosen to go with.

ozso said:

I looked up "how much is Tesla worth" and I got "1.1 trillion USD". And that's what I've chosen to go with.

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^This guy bought a Cybertruck.

Tinker Grey said:

^This guy bought a Cybertruck.

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Funny how I keep hearing "Cybertruck, Cybertruck, Cybertruck". But when I look up lists of the worst trucks, the Cybertruck isn't on them.

Personally I couldn't afford one.

Hans Blaster said:

Oh great, more pointless AI "tools" to avoid doing our own thinking. Sigh.

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How is using news article aggregation that's in a more efficient form than Google "pointless"?

Hans Blaster said:

And you know this correlation is causal because?

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Because people are saying it. "I'm getting rid of my Tesla and getting something else because I don't like Elon" would seem to be pretty indicative wouldn't it?

There are a few surveys to support that

A 2025 survey found that 31% of existing Tesla owners are either contemplating selling their cars or have already done so, primarily due to Musk's controversial actions and political affiliations.

And among non-owners:
A recent Yahoo News/YouGov poll conducted between March 20 and 24 found that two-thirds of American adults, 67%, say they would not consider owning or leasing a Tesla in the future, with 37% of those surveyed saying that Musk is either “the whole reason” or “part of the reason” why they would not.

The survey also broke down these questions based on political ideology, revealing that 82% of Democrats would not consider buying or leasing a Tesla in comparison to 53% of Republicans and 67% of independents. The partisan divide became even more pronounced regarding Musk’s role in their opposition to Tesla, with 69% of Democrats citing Musk as either “the whole” or “part of” the reason for not buying or leasing a Tesla, whereas only 8% of Republicans and 41% of independents said the same.

Hans Blaster said:

The world's greatest crime, I know.

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Actually, with regards to political players like Sen. Kelly and AOC, "virtue signal politics" is bad.

Reasoning behind me saying that...
Mark Kelly has either sponsored or co-sponsored no fewer than 10 climate-related bills, most of which imposed costly and/or burdensome restrictions on manufacturing and agricultural sectors on the basis of "I'm care about the climate... and see, I ditched my old car and got an EV...even though it costs a little more, it's worth it and I practice what I preach"

Yet, this happens and he says "Nevermind, Elon is bad, so I'm ditching my Tesla and getting Chevy Tahoe that gets 14mpg...but hey, Chevys are made by union labor, so it's all good!"


How convenient for him, if only the people impacted by his regulatory proposals had that kind of "easy out"...where they could go back to their old "less climate friendly" way of doing things on the basis of some flimsy excuse about it being linked with union labor.

ozso said:

Yet still 4 times more than Toyota in 2nd place.

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Thats all speculation.

Look at revenue - how much actual product they are selling - and then get back to us.

ThatRobGuy said:

Gee...It's almost like people are using the vehicle they drive to virtue signal.

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How do you tell abstaining from Tesla is "virtue signaling" and not just disgust at helping Elon along with his reckless schemes?

durangodawood said:

Thats all speculation.

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It was simple math. Toyota's $237 billion x 4 = $948 billion. A trillion is 1000 million.

durangodawood said:

Look at revenue - how much actual product they are selling - and then get back to us.

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Look at anything but Tesla being worth over a trillion dollars. Find some way to see it in a negative light. Going by how much more product a company is selling because it's much cheaper sounds ridiculous.

ozso said:

It was simple math. Toyota's $237 billion x 4 = $948 billion. A trillion is 1000 million.

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Market cap is speculative based on what people hope for.

Sales and amount of product is the actual business a company does. By that measure Tesla is way down the list of car companies.

But I do appreciate how much Americans love their schemes and psychologies and trying to time the end of the bubble.

durangodawood said:

Market cap is speculative based on what people hope for.

Sales and amount of product is the actual business a company does. By that measure Tesla is way down the list of car companies.

But I do appreciate how much Americans love their schemes and psychologies and trying to time the end of the bubble.

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More of at a much cheaper price doesn't mean more money than less of at a much higher price. If company A sold 100 pens at $1 a piece, that doesn't mean they made more money than company B who only sold 10 pens at $12 a piece.

ThatRobGuy said:

How is using news article aggregation that's in a more efficient form than Google "pointless"?

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You said it was an AI tool and you presented a summary from it. --> More pointless AI. (I wish the "AI suggestions thing in googs would go away, but I don't have an account to turn it off from.)

ThatRobGuy said:

Because people are saying it. "I'm getting rid of my Tesla and getting something else because I don't like Elon" would seem to be pretty indicative wouldn't it?

There are a few surveys to support that

A 2025 survey found that 31% of existing Tesla owners are either contemplating selling their cars or have already done so, primarily due to Musk's controversial actions and political affiliations.

And among non-owners:
A recent Yahoo News/YouGov poll conducted between March 20 and 24 found that two-thirds of American adults, 67%, say they would not consider owning or leasing a Tesla in the future, with 37% of those surveyed saying that Musk is either “the whole reason” or “part of the reason” why they would not.

The survey also broke down these questions based on political ideology, revealing that 82% of Democrats would not consider buying or leasing a Tesla in comparison to 53% of Republicans and 67% of independents. The partisan divide became even more pronounced regarding Musk’s role in their opposition to Tesla, with 69% of Democrats citing Musk as either “the whole” or “part of” the reason for not buying or leasing a Tesla, whereas only 8% of Republicans and 41% of independents said the same.

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All of which are from no more than the last 12 months when Elon went "full MAGA". What part of that are you not understanding.

ThatRobGuy said:

Actually, with regards to political players like Sen. Kelly and AOC, "virtue signal politics" is bad.

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Of course you think "virtue signalling" is bad. That was the whole reason I made that sarcastic statement TO YOU.

ThatRobGuy said:

Reasoning behind me saying that...
Mark Kelly has either sponsored or co-sponsored no fewer than 10 climate-related bills, most of which imposed costly and/or burdensome restrictions on manufacturing and agricultural sectors on the basis of "I'm care about the climate... and see, I ditched my old car and got an EV...even though it costs a little more, it's worth it and I practice what I preach"

Yet, this happens and he says "Nevermind, Elon is bad, so I'm ditching my Tesla and getting Chevy Tahoe that gets 14mpg...but hey, Chevys are made by union labor, so it's all good!"


How convenient for him, if only the people impacted by his regulatory proposals had that kind of "easy out"...where they could go back to their old "less climate friendly" way of doing things on the basis of some flimsy excuse about it being linked with union labor.

Click to expand...

durangodawood said:

How do you tell abstaining from Tesla is "virtue signaling" and not just disgust at helping Elon along with his reckless schemes?

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In the case of the examples I provided from Sen. Kelly and and Rep. AOC, because they said it.

But Sen. Mark Kelly (D-Ariz.), a member of the Environment and Public Works Committee, said in a recent video he was getting rid of his own Tesla Model S.

Per Politico:

“When I bought this thing, I didn’t think it was going to become a political issue,” Kelly said. “Every time I get in this car in the last 60 days or so, it reminds me of just how much damage Elon Musk and Donald Trump is doing to our country.”

Kelly got rid of his Model S and replaced it with a new, gas-powered Chevrolet Tahoe, touting the fact that it was union made

Asked about the significantly higher emissions, Kelly noted that his new car shuts its engine off automatically while stopped at red lights.


They also go on to note:
As Musk got more involved with the Trump administration, some liberal Tesla owners across the country began distancing themselves from the company through bumper stickers. Other owners have rebadged their cars.


The whole point of politically motivated bumper stickers is to signal, correct?



The point of all of those stickers (for the people who can't afford to replace their previously purchased Teslas with a $70k SUV on a whim like Sen. Kelly can -- and then announce it on social media), is so they can let all of the other liberals know "Even though I'm driving this, don't worry, I'm still a good liberal"

This is basically the same sort of thing as the people who recorded themselves burning Nikes in the back yard or shooting at a case of bud light. Difference being, cars are expensive and people can't just destroy them as willy nilly as they can shoes and beers.

ThatRobGuy said:

In the case of the examples I provided from Sen. Kelly and and Rep. AOC, because they said it.

But Sen. Mark Kelly (D-Ariz.), a member of the Environment and Public Works Committee, said in a recent video he was getting rid of his own Tesla Model S.

Per Politico:

Elon Musk makes parties flip their scripts on Tesla

Republican lawmakers are fawning over President Donald Trump's new Tesla and Democrats are shunning theirs.

www.eenews.net

“When I bought this thing, I didn’t think it was going to become a political issue,” Kelly said. “Every time I get in this car in the last 60 days or so, it reminds me of just how much damage Elon Musk and Donald Trump is doing to our country.”

Kelly got rid of his Model S and replaced it with a new, gas-powered Chevrolet Tahoe, touting the fact that it was union made

Asked about the significantly higher emissions, Kelly noted that his new car shuts its engine off automatically while stopped at red lights.

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How do you know this is virtue signalling rather than him just talking about his personal disgust at Elon? Seems like a lot of mind reading here.

I mean, I'm not going to touch an Elon product if I can help it. But I dont care one bit who knows about that. If I get famous and the press asks me, I'll say the same thing - but not because Ive got some huge image issue.