dolores quintana
Elon Musk is burning Tesla down. The stock price was valued at 663.90 back in May. See this tweet for the disclaimer about the stock split/Wall Street bullshit. https://mstdn.social/@theruss/109548214831630014
Yes, I know about the stock split and I'm not suggesting it lost that much in value. But it has lost 65% of its value even with the stock split factored in. Today's price is $137.80. It really looks like people are abandoning ship. The longer he waits, the more he loses.
#Mastodon #News #ElonMusk #Birdsite
Russ (@[email protected])

@doloresquintana Just a heads-up: IIUC there was a stock split on August 24th, so the May price isn't *directly* comparable to the current one... But it's still dropped by 65% so far this year, and that makes me smile.

Mastodon 🐘
Dec 20, 2022 at 9:46pmWeb
Show threaddolores quintanaDec 27, 2022
It's really starting to look like not only is Elon Musk going to crash Twitter, he's going to crash Tesla as well. Layoffs and hiring freezes have already been announced for 2023. #Mastodon #BirdSite #ElonMusk #Tesla
Show threadNathanael NerodeDec 28, 2022

@doloresquintana Fair value for TSLA was $50/share if they executed perfectly... which they didn't. Maybe $30/share if they executed mediocrely, but that'll require firing Musk...

So what I'm saying is, the stock has a LOT further to fall

Show threaddolores quintanaDec 28, 2022
@neroden Oh yes. Tesla stock can definitely collapse even more and I am here for it. It was over $600 a share earlier this year! What was anyone thinking??
Show threadCyberManDec 20, 2022

@[email protected]
Elon is destroying everything he touches. He is not o business or technology genius. His autonomous cars does not drive itself. His Twitter is falling apart. His space internet is changing its price every third month.

#elonmusk #twitter

Show threaddolores quintanaDec 22, 2022
@pws I'm really starting to suspect that he's scamming investors and that he is acting as a foreign agent.
Show threadRussDec 20, 2022

@doloresquintana Just a heads-up: IIUC there was a stock split on August 24th, so the May price isn't *directly* comparable to the current one...

But it's still dropped by 65% so far this year, and that makes me smile.

Show threaddolores quintanaDec 20, 2022
@theruss Yes, I know, but it was shocking to see the value back then at least to me. Also stock splits, that's some Wall Street voodoo 🐂💩
Show threadRussDec 20, 2022

@doloresquintana Here's what this year looks like when adjusted for the split.

I want to frame it and put it up on my wall.

Show threaddolores quintanaDec 20, 2022
@theruss amazing!!!
Show threadDanHDec 20, 2022

@doloresquintana

That's extremely misleading. Because of the 3-for-1 split in August, that May price corresponds to $221.30 per share. The decline since then is still stunning, but it's a 40% decline since that May 20 date (and 65% for the year), not 80%.

Show threaddolores quintanaDec 20, 2022
@danhomiller The next toot I boosted talks about the stock split. No one is trying to mislead anyone. I was just shocked when I found that old screenshot.
Show threadIce storm dragonDec 20, 2022
@doloresquintana he has never created or invented anything in his life. He is turning twitter into parler 2.0.
Show threaddolores quintanaDec 20, 2022
@icestormdragaon Truly. He's nothing but a poser. I think that is the plan. They can't invent their own alternate to Twitter that is successful, so they just figured they would take over the successful model.
Show threadAnton NewcombeDec 20, 2022
@doloresquintana stocks won't matter in a fascist superstate at war.
Show threaddolores quintanaDec 21, 2022
@Antonnewcombe That's true. Nothing that we think is important now is going to matter if that happens. Everything would change and we'd be fighting for our lives. It's just that I found that old screenshot from May and I was first shocked that Tesla was overvalued that much earlier this year. Then I was also shocked that the value is continuing to drop and he isn't doing anything to stop it. Not everyone who owns Tesla stock is a millionaire/billionaire.
Show threaddolores quintanaDec 21, 2022
@Antonnewcombe I've been watching things for years and I know that the fascists in the US want to seize power. They already tried earlier this year. I've been considering finding a leftist gun club to learn how to shoot. John Logan tried to warn people back in 2020 with a show that talked about the original Nazi plot to take over Los Angeles before WW2 started. This is the first time I have actually considered leaving the US and not coming back.You were smart to leave when you did.
Show threadVeroDec 21, 2022

@doloresquintana he sold a lot of stock to buy Twitter at $900ish early this year.

🧐

Show threaddolores quintanaDec 21, 2022
@vero He's been selling a ton of stock. He just sold 22 million shares for $3.6 billion last week on three different days. https://www.cnn.com/2022/12/15/investing/elon-musk-tesla-stock-sale/index.html#:~:text=Elon%20Musk%20just%20sold%20another,the%20sales%20in%20the%20filing.
Show threadVeroDec 21, 2022
@doloresquintana Tesla has to be a scam. The books are cooked, who knows, but he’s imploding.
Show threaddolores quintanaDec 21, 2022
@vero I think that when Elon finally gets cornered and they start investigating, I think they are going to find some very interesting things. He's a liar and he likes to cut corners, so I think he's done some very bad things. Another important thing to remember is that SpaceX has government contracts. I think the US government should pull them all.