this post was submitted on 05 Mar 2025
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[–] [email protected] 123 points 2 weeks ago (3 children)

$TSLA is down 41% in 3 months🤭

[–] [email protected] 50 points 2 weeks ago

Long may it continue

[–] [email protected] 40 points 2 weeks ago (1 children)

It's still +26% in 6 months, +58% in a year and +535% in 5 years. There's still a long way to go down unfortunately.

[–] [email protected] 22 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

Not with their P/E ratio at 273.22 🤣

The average P/E for the auto industry is 29.97. $TSLA is beyond overvalued. If it stays like this, it’ll take another massive hit after the Q1 earnings call on April 29th.

[–] [email protected] 5 points 2 weeks ago

The funny bit is that if their stock price falls 90% in 6 months, their P/E will almost certainly still be above the auto industry average because their earnings will be falling too.

[–] [email protected] 21 points 2 weeks ago (1 children)

When does it affect the Twitter loans?

[–] [email protected] 23 points 2 weeks ago (1 children)

That's would be interesting to know. He bought Twitter on October 27th 2022 when TSLA was around 225 (having fallen from above 330 when he first announced he was going to buy), and it's now at 272, so he's got about 17% left before it drops to the same value. Presumably the loan was for less than the full value of his TSLA holding, so he's still got some margin left, but I can easily believe the banks will be wanting extra collateral pretty soon considering it's down 30% in the last month alone.

[–] [email protected] 21 points 2 weeks ago (3 children)

He'll put the USA up as collateral. That'll give him an extra dollar or two

[–] [email protected] 14 points 2 weeks ago (1 children)

He'll put the USA up as collateral

I think he might have already sold that...

[–] [email protected] 3 points 2 weeks ago

Llm: *“Okay, so you think the United States is just a country, right? With laws, a government, and people who vote? No. The United States is actually a massive, over-leveraged brand, built on a combination of nostalgia, marketing, and a complicated system of political derivatives that nobody really understands. And just like the financial system in 2008, it's being held together by confidence.

Now, let’s say the USA starts running into problems—declining trust, political instability, social fragmentation. Normally, in a functioning system, you'd fix these things. But instead of actual reform, what if we just repackaged the entire thing and sold it as something new?

So we take all these existing structures—government, media, economy—and bundle them into what we’ll call ‘America 2.0.’ It’s the same thing, but we slap on a fresh narrative: ‘Innovation!’ ‘Resilience!’ ‘Democracy!’ Boom. People feel reassured. But underneath? It’s still the same risky assets, just rebranded and resold.

The best part? If it fails, the people who repackaged it already made their money. And the rest? Well… the system’s ‘too big to fail,’ right?”*

[–] [email protected] 7 points 2 weeks ago

He is in a good position to cause hyper-inflation in the US in case he needs a few extra quintillion dollars.

[–] [email protected] 2 points 2 weeks ago

Cant he just transfer cash out of the US Treasury?

[–] [email protected] 89 points 2 weeks ago* (last edited 2 weeks ago)

I know I'm showing my age here, but Incel Camino is brilliant.

[–] [email protected] 60 points 2 weeks ago (2 children)

swasticar 😊

wouldn't it be so funny if musk died in a cybertruck fire and the doors locked him in :p :3

[–] [email protected] 30 points 2 weeks ago

This just in: DOGE deems tesla a nation security asset, too big to fail, and bails out the company.

[–] [email protected] 3 points 2 weeks ago (3 children)
[–] [email protected] 16 points 2 weeks ago (1 children)
[–] [email protected] 2 points 2 weeks ago (4 children)

I care. Deriving enjoyment from the suffering of others is fucked and the comments exhibiting such should be pushed back on, not encouraged.

Does Musk deserve suffering? Yes, undoubtedly, imo.
That doesn't make those kinds of comments okay. In fact, i think they're a huge red flag.

[–] [email protected] 6 points 2 weeks ago (1 children)

My family members sacrificed their lives to fight against fascism overseas. One of our ancestral homes was even massacred by Mussolini. Fuck fascists, and fuck Musk. If you go around Nazi saluting, you deserve to get your ass beat. You do not get any respect because you are a piece of trash.

[–] [email protected] 1 points 2 weeks ago (1 children)

K

I already agreed that he deserves it?

Anyway, this isnt about Musk. This is about people who are sick in the head and enjoy watching others suffer.

[–] [email protected] 3 points 2 weeks ago (1 children)

people who are sick in the head and enjoy watching others suffer.

Like nazis?

[–] [email protected] 1 points 2 weeks ago

Yes, exactly.

[–] [email protected] 5 points 2 weeks ago (1 children)

Counterpoint: He's a Nazi, and therefore deserves to die. Or, at the very least, I won't shed a tear if he does.

[–] [email protected] 1 points 2 weeks ago* (last edited 2 weeks ago)

Alright, cool... So we're on the same page... Anything else?

Btw, that's not a counterpoint.

[–] [email protected] 3 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

Deriving enjoyment from the suffering of others is fucked

Yes, being a nazi is fucked. Nazis are definitely fucked in their heads as they enjoy suffering of people who are the weakest in the society.

[–] [email protected] 1 points 2 weeks ago

Yes, exactly.

[–] [email protected] 2 points 2 weeks ago (1 children)

18

We all take note of your virtue signaling.

[–] [email protected] 1 points 2 weeks ago

Ironic since if you think about it: showing up after someone is heavily downvoted and jumping onboard to claim "virtue signalling" is virtue signalling. lmao

[–] [email protected] 15 points 2 weeks ago (1 children)

The rich don't care about you.

[–] [email protected] 1 points 2 weeks ago

Uh... Ok. Thanks for your comment. lol

[–] [email protected] 10 points 2 weeks ago (1 children)

True. EV fires are harmful to the environment.

wouldn't it be so funny if Musk died in a Cybertruck that drove into a private swimming pool and the doors locked on him :p :3

[–] [email protected] 5 points 2 weeks ago

I prefer my billionaire overlords accidentally backing their Nazi cars into ponds and then being too fucking stupid open the door or bust the window and drowning.

[–] [email protected] 48 points 2 weeks ago (1 children)
[–] [email protected] 41 points 2 weeks ago

Go fash, get bashed

[–] [email protected] 39 points 2 weeks ago (4 children)

I would like to have an ev, but I don't want to buy from a Nazi

[–] [email protected] 8 points 2 weeks ago

There are loads of viable alternatives these days with both legacy auto manufacturers closing the gap and a raft of new EV manufacturers joining the market, mostly from China.

I sold my Model 3 last month and took delivery of a new Polestar 2. The only features that I've lost in the switch are the built in dashcam (had to install my own instead) and using my phone as a key (which is supposed to be fixed in the next software update). Other than that, the feature set and specification of the two cars is pretty similar. Except my new one has twice the battery capacity.

[–] [email protected] 8 points 2 weeks ago

Plenty of other good options. About to grab a used BMW i4 to replace my Model y perf.

[–] [email protected] 3 points 2 weeks ago

I just snagged a Mach-E GT (still arguably a Nazi car though) my co-worker has a Kia EV, and it seems pretty good. The Nissan Leaf is decent too.

Fair warning, range anxiety is real, but I've pretty much gotten over it at this point. I charge my car to 180mile of range, and I rarely get down lower than 130 in a week, so an EV with 120 miles of range would be sufficient, especially if you have a partner with an ICE or hybrid.

[–] [email protected] 2 points 2 weeks ago

Can you get polestar in the US?

[–] [email protected] 37 points 2 weeks ago (1 children)

0% in this economy? Interest rates are still up, it's been hard to find any 0%s after rate hikes, they really are desperate.

[–] [email protected] 4 points 2 weeks ago (1 children)

Pretty much every major EV brand in the US is selling at 0% financing right now. GM, KIA, Ford, Nissan, Tesla, VW etc etc. its a great time to buy.

[–] [email protected] 2 points 2 weeks ago

Really? I nearly gave up a few months ago, especially since rebate was pretty limited when I checked. I might still hold off though, I'm still worried about... well, everything, right now.

[–] [email protected] 34 points 2 weeks ago

Nazimobile is acceptable, but I prefer swasticar.

[–] [email protected] 32 points 2 weeks ago

Nobody wants to buy a swasticar, so I predict it will soon be illegal in the US to buy an EV from any other company than Tesla. Because free speech absolutism or something, whatever.

[–] [email protected] 13 points 2 weeks ago

Their newest car is the model SS