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    Tesla stock declines could cost Elon Musk something important

    Started by RE Mar 13, 2025, 11:24 PM

    Message path : / Society / Tech is always to the rescue / This Woman Turned Her Tesla Model 3 Into a Pickup Truck #97


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    RE

    • Administrator
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    • Chief Intellectual Dry Humper
    • Posts: 1,713
    Mar 13, 2025, 11:24 PM
    Keep your fingers crossed for a further drop in the TSLA stock price!  :)  Elon's creative financing could result in his creditors repoing X (Twitter), or him losing control of the company.

    Right now Elon's press is so bad I'd say the likelihood of further stock loss for TSLA is well north of 50-50.  Owners are trying to dump the cars as fast as they can, and besides his buddy Trump buyers are running in the other direction everywhere.  Boycotts are ongoing in Europe, and here they're being decorated with Swastikas.

    Besides all that, the stock was wildy overpriced to begin with, so it could easily lose another 40% on top of the 40% already lost, especially with a recession on the horizon.

    There's some joy in Mudville!



    https://www.thestreet.com/technology/tesla-stock-declines-could-cost-elon-musk-something-important

    RE

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