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.

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

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@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.
@doloresquintana Tesla has to be a scam. The books are cooked, who knows, but he’s imploding.
@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.