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.
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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 stocks won't matter in a fascist superstate at war.
@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.
@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.