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Elon Musk takes over Twitter

Discussion in 'Sports and News' started by Alma, Apr 25, 2022.

Page 137 of 275
  1. wicked

    wicked Well-Known Member

    Were Taibbi and Weiss taken off the case?
     
    wicked, Dec 20, 2022
    #1633
  2. The Big Ragu

    The Big Ragu Moderator Staff Member

    Tesla stock is down more than 60 percent from its ridiculous bubbled up peak. And it's still trading at more than 45 times earnings, which is absurd. And those are earnings that are not bankable, because the market for luxury cars globally is not that good right now in a rising rate environment in which they have stopped QE and asset purchases.

    By contrast, General Motors trades at 6 times earnings. Ford trades at 7.5 times earnings. Tesla's stock has a long way to go down if the Fed continues with turning off the endless liquidity spigot that made Tesla's stock price go into bubble territory. And it's not because of Elon Musk or whatever nonsensical explanations those analysts feed their sheeples.

    If 1) money was still being created and being pumped into markets at negative cost the way it was for more than a decade, and / or 2) Tesla actually earned enough to justify a premium valuation? People would buy the stock regardless of Elon Musk's Twitter antics.

    It's interesting how a gazillion other high fliers that have seen their stock prices fall just as much have had it happen without an Elon Musk.
     
    The Big Ragu, Dec 20, 2022
    #1634
  3. Azrael

    Azrael Well-Known Member


    There's a whole squad* of well-paid and unfactchecked New Incoherence ideologues at work on the Musk-O-Files.

    Shellenberger being but one.



    *Our Reporting at Twitter
     
    Azrael, Dec 20, 2022
    #1635
  4. sgreenwell

    sgreenwell Well-Known Member

    If anything, I think Musk's presence probably "protects" Tesla stock to some extent, because he attracts all of these weird nerds who see themselves in him. They'll "hold" the stock for longer than other people, and eventually go down with the ship, when and if that day comes.
     
    sgreenwell, Dec 20, 2022
    #1636
  5. TigerVols

    TigerVols Well-Known Member

    Only a matter of time until Tim Apple writes a check for the Tesla carcass.
     
    TigerVols, Dec 20, 2022
    #1637
    cyclingwriter2 likes this.
  6. Inky_Wretch

    Inky_Wretch Well-Known Member

    That’s the part that doesn’t make sense to me about MAGA Musk’s business acumen. He’s insulting the early adopters and biggest fans of his Teslas. It’s not the GQP folks are going to give up their F-150s for Tesla because Musk is suddenly fighting “the woke mind virus.”
     
    Inky_Wretch, Dec 20, 2022
    #1638
    Azrael and garrow like this.
  7. maumann

    maumann Well-Known Member

    He's an attention whore who grew up as a doofus smart kid without friends and thought buying a "bully pulpit" where his insights and humor would make him likeable. It's not working.

    But people breathlessly retweet his crap, which only emboldens him to get even more ridiculous.

    Just like the Orange Cheeto.
     
    Last edited: Dec 20, 2022
    maumann, Dec 20, 2022
    #1639
    Fred siegle, matt_garth, HanSenSE and 3 others like this.
  8. Azrael

    Azrael Well-Known Member

    I've been told this all very concerning, but

     
    Azrael, Dec 20, 2022
    #1640
    garrow likes this.
  9. The Big Ragu

    The Big Ragu Moderator Staff Member

    The Big Ragu, Dec 20, 2022
    #1641
  10. Azrael

    Azrael Well-Known Member

    oy

     
    Azrael, Dec 20, 2022
    #1642
  11. Regan MacNeil

    Regan MacNeil Well-Known Member

    Who is SJM?
     
    Regan MacNeil, Dec 20, 2022
    #1643
  12. outofplace

    outofplace Well-Known Member

    Only if he really wanted to do so, as Ragu suggests.

    It is also possible that he was delusional enough to think he would win the vote.
     
    outofplace, Dec 20, 2022
    #1644
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