I'm not a finance or investment guy at all, but this... doesn't seem good.

#tesla #tsla

@steveumstead driving Tesla now seems to be rather out of place…how many businesses can one person kill in a year?
@steveumstead I can’t look, it’s so messed up. 🫣😫

@steveumstead Well, it has another hour to recover today's losses.

Or not.

@steveumstead #Tesla stock is crashing like a Tesla on autopilot
@joyographic @steveumstead you hate to love to see it. Tesla became a meme stock in 2020.
@steveumstead Just like Trump, Musk has destroyed his brand. The difference is Trump’s brand was pretty fragile and not worth all that much. Musk on the other hand has manage to destroy billions of dollars of goodwill in his brands. This example of Musk’s profound “billionaire exec visionary” hubris and his absurd lack of business acumen and toddler level management skills will be taught in every business school for the next 100 years.
@steveumstead everything is getting hit right now but if you look back a year it really shows the slide ~$360-$140
@steveumstead Tesla board can’t be feelin great right now.

@steveumstead Elon has to go, this is madness.

As an investment and business its looking great.

but .. elon...

@steveumstead Hostile takeover territory.....just saying...
@steveumstead it's bad and musk would rather lie about vaccines then work
@steveumstead MARGIN CALL. MARGIN CALL. MARGIN CALL. *everyone screams in anticipation
@steveumstead won’t have enough to make spare parts let alone new ones. Hey look, there’s another one of those car shaped dumpsters. Tell me that story again Pa.
@steveumstead it seems like it would be a good thing for Tesla (not to mention Twitter), if EM just shut up and disappeared for a year or so. At the very least.
@steveumstead Imo, he sold out Tesla because of thankless investors that keep suing him in favour of Twitter paid for by oil money. He’s now beholden to sinking Tesla at all costs.
@steveumstead I guess Mars will live to fight another day! No Muskanauts infesting the red planet anytime soon!
@steveumstead I hope it tanks enough for Muskrat to go. I’ve owned a Tesla for 4.5 years (no autopilot, thank you). If he goes, I may keep it a while longer. Otherwise I may be looking for an alternative next year.
@steveumstead maybe it'll drop to $8.00
@steveumstead wake me up when p/e hits 12.