I may not know anything about the stock market, but I think this means everyone should sell their stocks.
this post was submitted on 22 Mar 2025
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politics
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SELL SELL SELL!
This is going to end funny
Season 2025 of the second phase of earth is sooo facinating!
Sell off! Sell off! Tank it! Make him suffer!
The stock is currently recovering but there's a lot of fear. People might bail out if Musk pulls another stunt.
Yeah he's been quiet the last few days, and I knew that had to be why. It won't last through, he's like Trump in that neither can stand it when they're not the center of attention.
when the CEO is begging shareholders "please don't sell your stocks", that is quite possibly the single biggest red flag for any company ever. That is "pull your money out yesterday" territory.
Yep.
So he can sell his and cash out first?
Nah. Tesla’s dead. Now we need to kill spacex
Tesla stock is way, way overvalued. If it were based completely on the company and its product, it would be 1/5 or 1/6 of its current market value. That hyped-up value was based on Musk being a benevolent leader into a progressive future of electric vehicles, continentally available charging, shared infrastructure, getting off fossil fuels, solar and alternative energy sources, etc, etc. However now that he has shown that he is actually a regressive, do anything for a buck to be the first trillionaire even if he kills the USA in the process, a**hole, why would Tesla stock stay overvalued? Especially as every new line of Teslas has more problems, with the latest cybertruck being fully recalled? Anyone not bailing now is likely to lose most of their value the longer they wait. The MAGAs that Musk now appeals to are never going to buy an EV and his former supporters that he stabbed in the back will go on to other EV providers.
That P/E ratio it has is crazy. It's basically a meme stock. I think 1/5 to 1/6 is being very, very generous.
Charges of domestic terrorism against anyone selling his Tesla stocks in 3... 2... 1...
who would invest in a car that's so susceptible to spontaneous combustion
And so attractive to molotovs
Hey now, there's no need to be redundant.
I suppose that was the undertext... sorry, I'm great at ruining jokes 😂
IF you have Tesla shares AND you waited for a sign to sell them all asap .........................
Elon has NOT demonstrated ANY transparency THIS YEAR. Don't listen to his words. Words are a "tool" that he uses to get what he wants, NOT what you want. He doesn't think he is lying, it's just business “management.” Lying is his way to help his business thrive. Perfectly normal...for him.
Perfectly normal for ALL Sociopathic Oligarchs. Lying, cheating, bad ethics, willingness to break the law, etc. are all considered valid business strategies these days. I've know many businesspeople who believe that.
Most businesspeople want to operate their businesses legally and ethically. People with morals and consciences wouldn't be proud of having a successful business if it only got that way through nefarious behavior.
Unethical businesspeople know that, and look for honest businesses like that to exploit. They see their unethical and illegal behavior as a competitive advantage over their honest competitors. They know their opponents won't cross a certain line, but they will, and they are actually excited to do it. They enjoy being dishonest, it makes them rich.
I sold my Tesla stock long ago, before it crashed, because I wouldn't support M-Rat.
Now I'm thinking of buying a share, only because I want to be in the inevitable class-action lawsuit that is absolutely coming, blaming Musk for recklessly and predictably tanking the stock price, and the Board of Directors for not taking action and removing him from his job when he went out of his mind.
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The protests won't stop until the company is bankrupt. Sell em if you've got em.
I wonder how this will end?
Probably with an illegal government bailout, either in the form of an incredibly generous to Tesla purchase order or just cold hard cash
Musks Tesla stock holdings make it so that even if he were kicked out as CEO, the company would continue to be viewed as his personal piggy bank, and likely continue to face backlash for the stuff Musk is doing. Him liquidating his stock position would crater the stock price. It's pretty well cooked.
Yup, there is no way out of this now, and people know that. Even if there was a stock buyback, it's not going to save it from certain death.
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Please hold the bag so I don't get a margin call.
Would he do the same for you?
Musk has previously bragged that employee stock awards helped fend off unionization efforts in Tesla factories.
Indeed, Tesla is currently the only major American automaker whose workforce isn't represented by a union. Musk's strategy has previously been to pay employees much lower salaries than other American auto companies, offset with those Tesla stock awards.
Now that employee stock holdings are in the toilet, the leverage Musk once had over his laborers is quickly slipping through his fingers. The deeper Tesla's stocks plummet, the closer Musk pushes his underpaid workforce toward the bargaining table — which would be a huge cut to his own personal fortune.
But that's something only Tesla's employees can decide. In the meantime, calls on Musk to step down as Tesla CEO are only getting louder.
You expect unions to remain "legal" if that happens?
I expect hungry laborers who watched friends and family die in unsafe working conditions to do what is necessary.
Labor and capital have fought literal battles here before
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Selling high is good financial sense. I’m sure a business man as good as Musk would say that too.
Ketamine high.
Liquidate Musk. Appropriate his assets and redistribute the proceeds.
I saw a cybertruck today. Fucker had a new tag on it. Fucker just bought it. I yelled and czlled hiim a fucking nazi. No way you buy any Telsa without knowing who you support.
The cars I can generally excuse. Most people bought them before the true craziness of Musk was known and I’m not going to expect anyone to buy a new car because of the politics of the CEO, that’s crazy.
Cybertrucks though? Nah, fuck you if you bought of of those low poly-ass shitboxes. You knew what he was when you placed that order.
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If I had Tesla stock my terms would be that Elon Musk literally has to kiss my bare ass for me not to sell my stock. Then if he does it, I sell anyway!
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Just a quick summary:
- insiders are selling huge amounts of stock
- sales figures in the last two months were horrible
- constant recalls of cybertrucks which are also basically not selling
- protests and vandalism
- brand is universally hated
- record trade-ins and sales of second hand vehicles
- no new models or products in the pipeline
- laughable vaporware announcements
- begging employees not to sell
- begging Trump for a sales show
- questionable accounting practices exposed in financial times
How anyone can still hold on to Tesla stock is beyond me.
Is been known for years that Tesla was extremely overvalued and a crash was eventually going to happen. People hating melon musk might be helping, but it’s not fully why, and that is good. It’s a shit company all around. My fear is given his current position with Trump, this could be end up working out for him and other oligarchs and hurting a lot of regular investors.
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