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Yo_Mama_Been_Loggin

(119,997 posts) Wed Mar 12, 2025, 02:44 PM Wednesday

Trump BEGS Republicans To Save Elon Musk As Tesla Tanks

9 replies

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Trump BEGS Republicans To Save Elon Musk As Tesla Tanks (Original Post) Yo_Mama_Been_Loggin Wednesday OP

There is a distinct possibility Tesla goes under BrianTheEVGuy Wednesday #1

When you have current (liberal) Tesla owners willing to sell for 30% of the prior value, that reverberates... hlthe2b Wednesday #2

Reality catches up eventually BrianTheEVGuy Wednesday #7

Invisible hand of the free market giving Tesla the finger. Beartracks Wednesday #3

I think the boards of directors........... SergeStorms Wednesday #4

Elon didn't fully grasp the meaning of ETTD, he thought his billion$ would protect him. sop Wednesday #5

Tesla stock is far from in trouble. It's given back the insane gains it made right after the election Cheezoholic Wednesday #6

The GOP has always loved Big Oil Blue Owl Wednesday #8

Because...... some_of_us_are_sane Wednesday #9

BrianTheEVGuy

(686 posts)

1. There is a distinct possibility Tesla goes under

Reply to Yo_Mama_Been_Loggin (Original post)

Wed Mar 12, 2025, 02:52 PM

Wednesday

Car companies are massive capital sinks and need a certain level of volume to stay profitable.

The CyberTruck is a HUGE flop selling a tenth of what they forecast, sales of the other models are down by 40% or more in countries around the world.

For comparison’s sake, all it took was a 30% sales decline in 2009 to push Chrysler into bankruptcy. And it didn’t have the liability of having its cars viewed as “MAGA hats on wheels.”

hlthe2b

(108,340 posts)

2. When you have current (liberal) Tesla owners willing to sell for 30% of the prior value, that reverberates...

Reply to BrianTheEVGuy (Reply #1)

Wed Mar 12, 2025, 02:57 PM

Wednesday

Why would any one want to drive around in something that has such negative symbolism?

So, while his stock price is up a hair today, along with the DOW, I'm not so sure that's going to last....In fact I'd bet his stock price continues on its precipitous fall.

BrianTheEVGuy

(686 posts)

7. Reality catches up eventually

Reply to hlthe2b (Reply #2)

Wed Mar 12, 2025, 04:16 PM

Wednesday

If Tesla has cash flow issues, the stock will crater fast.

Beartracks

(13,784 posts)

3. Invisible hand of the free market giving Tesla the finger.

Reply to Yo_Mama_Been_Loggin (Original post)

Wed Mar 12, 2025, 02:58 PM

Wednesday

And not so invisible, either.

================

SergeStorms

(19,439 posts)

4. I think the boards of directors...........

Reply to Yo_Mama_Been_Loggin (Original post)

Wed Mar 12, 2025, 03:01 PM

Wednesday

Of Tesla, SpaceX etc. will take care of their "Musk" problems. He's become a liability to every aspect of his "empire."

sop

(13,020 posts)

5. Elon didn't fully grasp the meaning of ETTD, he thought his billion$ would protect him.

Reply to Yo_Mama_Been_Loggin (Original post)

Wed Mar 12, 2025, 03:04 PM

Wednesday

Yet another victim of the Trump Curse: Everything and everyone who Trump comes in contact with ultimately experiences calamity.

Cheezoholic

(2,776 posts)

6. Tesla stock is far from in trouble. It's given back the insane gains it made right after the election

Reply to Yo_Mama_Been_Loggin (Original post)

Wed Mar 12, 2025, 03:53 PM

Wednesday

It's actually probably still over priced considering the crash in sales numbers. It's current price is around its high where it was being traded for the 2 years after he slaughtered Xitter using his Tesla stock and before the ridiculous instant jump to nearly double the current price after FatAss got elected 5 months ago It's his fault. Fuck both of them.

Blue Owl

(55,577 posts)

8. The GOP has always loved Big Oil

Reply to Yo_Mama_Been_Loggin (Original post)

Wed Mar 12, 2025, 06:41 PM

Wednesday

Why would they want to save Mr. Electric Car?

some_of_us_are_sane

(900 posts)

9. Because......

Reply to Blue Owl (Reply #8)

Wed Mar 12, 2025, 08:47 PM

Wednesday

Trump and Musk now have a symbiotic relationship. They're like Siamese twins and MUST CLING ONE TO THE OTHER.

Musk’s compensation package was initially worth $56bn but is now valued at more than $101bn after Tesla’s stock price surged more than 40 percent following Donald Trump’s US presidential election win on November 5.

They BOTH stand to lose if Tesla tanks, and as we know, Trump will cut bait if Musk proves to be a liability, but for now it's to their advantage to firmly attach themselves to one another.

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