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Teslas absurd valuation is largely built on the image of Musk and his ability to pump up vaporware as the aura around him fades perhaps it will settle to a more realistic level.Telsa is having a very bad year so far compared to other auto makers.
Year to date:
Honda Motor Co +1.56 (5.49%)
Mazda +0.14 (4.17%)
Ford +0.33 (3.42%)
Hyundai +0.02 (0.04%)
Toyota -3.52 (-1.82%)
GM -1.95 (-3.81%)
Stellantis -0.74 (-5.83%)
Nissan -0.41 (-6.82%)
Rivian -2.12 (-16.00%)
Tesla -140.11 (-36.94%)
It was/is definitely overvalued.Teslas absurd valuation is largely built on the image of Musk and his ability to pump up vaporware as the aura around him fades perhaps it will settle to a more realistic level.
A Peaceful Protest Movement
Sell Your Teslas
Dump Your Stock
Stop Musk NowYup - they want to destroy a privately owned company because the CEO is part of a specific political party. Harming Telsa harms thousands of American Jobs and millions of people pensions - Destroying people lives for a political motive.
Hurting Tesla is stopping Musk.
Stopping Musk will help save lives and our democracy.
The stakes couldn’t be higher. No one is coming to save us
The saying has been you’re investing in what Tesla will do not want they are doing but the vaporware nature of the will do part is becoming apparent.It was/is definitely overvalued.
Fortunately, We don't have the right to destroy the property of a business.
Telsa is having a very bad year so far compared to other auto makers.
Year to date:
Honda Motor Co +1.56 (5.49%)
Mazda +0.14 (4.17%)
Ford +0.33 (3.42%)
Hyundai +0.02 (0.04%)
Toyota -3.52 (-1.82%)
GM -1.95 (-3.81%)
Stellantis -0.74 (-5.83%)
Nissan -0.41 (-6.82%)
Rivian -2.12 (-16.00%)
Tesla -140.11 (-36.94%)
A stock's daily performance can fluctuate wildly; it doesn't change the fact that Tesla stock has performed much worse than all the other major auto manufacturers this year, including Honda, Mazda and Hyundai.
It's the most valuable car company stock at $240.71 compared to the second highest at $190.50 for Toyota, with all the others way behind... but uhhh vapor and aura. Yeah that's it.Teslas absurd valuation is largely built on the image of Musk and his ability to pump up vaporware as the aura around him fades perhaps it will settle to a more realistic level.
Way to completely miss the point.It's the most valuable car company stock at $240.71 compared to the second highest at $190.50 for Toyota, with all the others way behind... but uhhh vapor and aura. Yeah that's it.
And Elon Musk's net worth is $327.3 billion, which is about $115 billion more than Jeff Bezos who comes in 2nd place at $211.7 billion... but vapor and aura again I suppose.
Just think, if protesters continue to drive down stock and sales poor Musk may have to settle for being the second richest man in the world.It's the most valuable car company stock at $240.71 compared to the second highest at $190.50 for Toyota, with all the others way behind... but uhhh vapor and aura. Yeah that it.
And Elon Musk's net worth is $327.3 billion, which is about $115 billion more than Jeff Bezos who comes in 2nd place at $211.7 billion... but vapor and aura again I suppose.
It has still lost half its value since 3 months ago. The Trump administration's unlawful pumping of the silly cars doesn't appear to be turning this fiasco around.Tesla is clearly off to a rough start this year, but let's keep everything in perspective.
View attachment 362467
Obviously, it remains to be seen what will happen in the long-term.
Yep they only have to knock him down $115 billion to get him there. And what's even funnier is he probably wouldn't care.Just think, if protesters continue to drive down stock and sales poor Musk may have to settle for being the second richest man in the world.
They're really showing him!
Only time will tell.It has still lost half its value since 3 months ago. The Trump administration's unlawful pumping of the silly cars doesn't appear to be turning this fiasco around.
The exact same issue I had with conservative boycotting Bud Light -From what I see, nothing they advocate is illegal or violent. Peacefully protesting in front of a Tesla store is legal and has been a common form of protest for centuries. Encouraging people not to buy Tesla products or to sell Tesla stocks is also legal and a form of protest. So, what exactly do you disagree with?
It's the most valuable car company stock at $240.71 compared to the second highest at $190.50 for Toyota, with all the others way behind... but uhhh vapor and aura. Yeah that's it.
Again, yes, the majority of his net worth is based on the value of his Tesla stock which is absurdly overvalued.And Elon Musk's net worth is $327.3 billion, which is about $115 billion more than Jeff Bezos who comes in 2nd place at $211.7 billion... but vapor and aura again I suppose.
QFT - add to that the thousands of middle class auto workers they will put out of a job and the tens, if not hundreds of thousands of workers who have Tesla stock in their 401K that will be effected.Only time will tell.
I do find the dynamics of this boycott interesting. I mean, just a few short months ago, liberals loved Teslas. It was kind of like a liberal elite status symbol that you cared about the planet. And now they can't stand them and are literally burning them (harming the planet in the process). I just wonder how much staying power the boycott has. Usually people tire out and will separate the person from the object. Even if they disagree with Musk's politics, if they like the car, they'll likely still buy it. At least after the loonies stop threatening to vandalize and fire bomb them.
So no explanation at all? Not even vapor and aura?Correct, it is, no real metric justifies the ludicrous valuation.
Toyota p/e: 9.08
Tesla p/e: 118.13
Like gold and diamonds.Again, yes, the majority of his net worth is based on the value of his Tesla stock which is absurdly overvalued.
QFT - add to that the thousands of middle class auto workers they will put out of a job and the tens, if not hundreds of thousands of workers who have Tesla stock in their 401K that will be effected.
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