HasdrubalMago
Kai RyssdalRT @julianfeeld
Holy shit he did it, he managed to make Tesla lose more value than Bitcoin this year, -68.66% versus -64.78%
Holy shit he did it, he managed to make Tesla lose more value than Bitcoin this year, -68.66% versus -64.78%
Dave Swersky@kairyssdal He's a talented one, that Elon
Aspiring Ludditeπ―οΈπ@kairyssdal Gen-X Trump really nailing it.
Mark Jager@kairyssdal who would buy a car from a man who despises you?
Ladrillo_azulPeople who consume lots of ads and Marketing campaigns.
"Get the car get the pretty girl"
"Get the car and save the planet cuz it's cool"
"Get the car and fight the petrol gang"
Etc.
RC π³@kairyssdal imagine what people who had $$ in both of those this year are feeling π€’
Coffeetest@machocam @kairyssdal I am not a money person, but as far as I can see almost all investments are doing pretty poorly. Aren't a lot of tech stocks down a similar amount?
Bill Of Earth42
Clayfoot@billOfEarth42 @Coffeetest @machocam @kairyssdal Tech stocks are down 40% year to date, especially since the Fed started raising interest rates, but that's still far less than Bitcoin or Tesla
@clayfoot @billOfEarth42 @machocam @kairyssdal thanks for that info. I guess then I'd be a bit less sad if I had QQQ or similar vs BTC or Tesla then but still sad. 20% less sad. Who knows what BTC will do but I bet Tesla keeps falling.
Ana@kairyssdal thatβs quite an accomplishment! To reiterate: Iβm pretty sure heβs trying to bankrupt the company before his debts start coming due in April.
Tim Ellis (he/him) DJDynamicNC@kairyssdal To be fair Tesla probably never really HAD that value, it was all the finance equivalent of vaporware anyway lol
Clear Sky Wanted@DJDynamicNC @kairyssdal "probably"? :)
Shadowy Cabal Enthusiast@kairyssdal If Musk had even a whiff of irony he'd be amused that the Tesla loss rounds up to 69%
Sex Crazed SaltShaker of Death@kairyssdal New bitcoin slogan, "We're not as bad as tesla"
Bafty@kairyssdal he's holding the trifecta - if TWTR hadn't been delisted we would all be able to see the daily movements of that supertanker.
Some of his fanboys must be in agony from the contortions.
Ernest Ripepi@kairyssdal affirming my decision to leave Twitter. Couldnβt abide Muskβs megalomania.
Johnydon π¨π¦πΊπ¦@kairyssdal what else is on his resolution list? Only a week left...
Shushπ½WearADamnMaskπ·πππWell ain't that a crying shame - as in laugh-crying...π€£π€£π€£π€£π€£
Dropping like a rooock, dropping like a rooock, dropping like a rooock...ππ π€
j robinson βοΈ &πΈ@kairyssdal
Is thing going to turn out to be one of those rich shithead $1 xmas bets?
Is thing going to turn out to be one of those rich shithead $1 xmas bets?
Tubaboy@kairyssdal @jayrosen_nyu Iβve been asking @pkrugman for a while to explain to me how stocks like TSLA are any more βrealβ in value than crypto. Seems the same, hereβs data to confirm.
Jay RosenThe difference is that in TSLA's case there's an actual business there that makes stuff.
To be sure there's "belief" on top of that business that makes stuff, and belief has a lot to do with the share price.
But with crypto there's just belief. As SBF said: imagine a black box with nothing in it.
@jayrosen_nyu Still, share price and actual value have only a loose correlation. Gambling, either way.
@jayrosen_nyu β¦and if you sold your Jan. purchases of either right now, the pain woul be almost identical!
disclosure: I sold my TSLA before the rise and fall, and just took a 70% loss getting out of crypto. Thinking that cash under my mattress might be smarter. <8^)
Maddler 
@kairyssdal not an easy task, but...
Sugeek@kairyssdal What Iβd give to hear βHoly shit he did itβ as the intro for a Marketplace segment.
Matthew D. LaPlanteIt would be nearly impossible to do something like this without having it be your actual intention. This is boss-level self-sabotage.
pedvro@kairyssdal Heβs risking tanking his visionary ventures (#Tesla and #SpaceX ), and all on account of his stupid obsession with #Twitter. Kids, donβt get into social media. It really is bad for you.
hopeless wanderer@kairyssdal tesla, bitcoin
basically the same thing anyway
Jeff@kairyssdal musk campaign to genocides Tesla's customer base was genius
Blank Reg@kairyssdal That is... a lot of money that just suddenly doesn't exist anymore.
NorthernWolfie@kairyssdal well don, #Elno
ehurtley 
@kairyssdal Just a tiny bit more and it will be Space Karen meme worthy -69% - nice!
@kairyssdal (It is currently down 69% from its last-November peak.)
To $4.20!
Karoline 
@kairyssdal ahh so he can now pay zero taxes. They aren't idiots.
Packy Anderson@kairyssdal Isn't a chunk of Tesla's assets tied up in Bitcoin?
Inkyracing@kairyssdal It was hilariously overvalued anyway, right? It's now actually fairly priced?
Eric Lundquist@kairyssdal I tagged Tesla and musk in a post about this on the bird site, that mofo took my like button!
cornell@kairyssdal Quick, someone tell Matt Levine!
Andrew Brin@kairyssdal Tesla will have a new CEO before Twitter.
Charlee@kairyssdal That time of year for capital gains and losses! still doesn't pay taxes
TheFatCyclist@kairyssdal ahhh the scent of Musk is in the air
@kairyssdal He still has a few more days to make Tesla go lower.... Then again, he was a bitcoin bro too.
κ§ππππππκ§@kairyssdal Let that sink in.
Santam Chakraborty@kairyssdal
Wow ! In relative terms Bitcoin has lost 50% of the value from the high while Tesla has lost 75% or more.
Wow ! In relative terms Bitcoin has lost 50% of the value from the high while Tesla has lost 75% or more.
malicious captain kangaroo@kairyssdal 2022 had its rough spots, no doubt about that, but when I see things like this happening to both Musk & the crypto market, and then on top of that you throw in a fairly reasonable suite of election results, including *clear data* on what went wrong for losing Democrats (just ask defeated Bozo DCCC chair, Sean Patrick Maloney [not literally tho, bc he's ideologically opposed to admitting it lol]), AND further proof of where young people overwhelmingly stand, I'd have to give it 2 ππ
Rabon π¦£Perfect time for GM or VW to take over Tesla at a great value.
Delicate flower@kairyssdal itβs not always easy to snatch defeat from the jaws of victory but some have a knack
LJPArtist@kairyssdal That's impressive.