just_another_personElon Musk Begs Tesla Staff Not to Sell Their Stocks
kescusayNow that’s a sign of a healthy company!
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henfredemars
Tony BarkSell! Sell! Sell!
“You can’t sell them until I’ve flooded the market with all my shares first!” -fElon, probably
That’s why he doesn’t want them to sell. If the price drops low enough, the banks will make him sell all of the shares that he used for collateral to purchase Twitter. Cashing in billions in shares will be the final nail in Tesla’s coffin.
I read something that estimated around $100-$120USD before he gets margin called so it’s still a way to go yet
Source on him using Tesla shares as loan collateral? That’s not really how loans work
I mean you usually need something to back your loan.
I mean it’s totally possible to set up weird loans like this, but I’d love to see some information proving that’s what Musk did for Twitter
Again, this is not weird in upper echelon financial strategies. And a quick search with the terms “musk Twitter Tesla collateral” got me a link to this article. You only have to read the first sentence for corroboration. And if you don’t trust an article posted by NASDAQ for information about stocks, I dont think I can do more to help you.
HorseChandelierThat’s not how loans work for little people… It totally is how loans work for oligarchs because the money they get from the loan provider is tax free so no income tax.
Yep. It’s called “Buy, Borrow, Die” and is the main way billionaires avoid taxes. They hold all their stocks and never sell them. Use the stocks as collateral to take out massive low interest loans, and live off the tax free loans until they die. Banks are happy having Billionaires business and Billionaires are happy paying significantly less than they would on interest than they would on taxes for selling shares.
drzoidbergI mean, if Jim Cramer is telling me to buy something, I’m gonna sell it. If he’s telling me to sell, I’m gonna buy more. Never seen a stock guy wrong as often as him.
All of them are wrong. But he is the wrongest
CosmicTurtle0 [he/him]I’m like 90% sure there is actually a mutual fund for the opposite of his recommendations.
So I just checked and it looks like the Inverse Jim Kramer Fund closed due to lack of interest.
It was doing well though, right under the Pelosi fund when it shuttered. Much better that following him at the very least.
It's poor sales *from last year Q1 compared to 2023 Q1.
We're not even looking at 2024 Q2-4 or 2025 Q1 yet. Telsa might be completely underwater at this point.
Or just returning to where it should be. The stock should never have been valued that high.
Saw a yt thing last night that over the past three months Tesla execs have sold over 175k shares too
JesusIt’s been holding at about 245 for a week. Bummer is not going lower.
After this pathetic shit-show, it’s going to drop more.
Yeah, this should scare the shit out of any investor.
It’s being artificially pumped, according to the WS guys. They know this is going into solvency territory.
TheReturnOfPEBKen Lay, the head of Enron, told his employees the same thing.
daisy lazarusAnd they’ve a thriving memecoin now, so do as Enron does, amirite?
While retail investors are buying up Tesla shares, insiders at the company are selling.
That’s a quote from an article on the topic. Does that sound in any way ominous to you?
the public as exit liquidity. again.
The oligarchs are probably just using retirement funds to transfer the losses from their criminal cronies to the people.
Not as long as they keep buying any dip.
I’m pretty Lons just got into this because he thought he would be able to syphon government money into his companies. Stop using them, and that stops happening.
He tried to make the jump from consumer goods, to military industrial complex. Fuck that shit right now.
CileTheSaneIn order for people to sell them other people have to be buying them.
Just a quick summary:
- insiders are selling huge amounts of stock
- sales figures in the last two months were horrible
- constant recalls of cybertrucks which are also basically not selling
- protests and vandalism
- brand is universally hated
- record trade-ins and sales of second hand vehicles
- no new models or products in the pipeline
- laughable vaporware announcements
- begging employees not to sell
- begging Trump for a sales show
- questionable accounting practices exposed in financial times
How anyone can still hold on to Tesla stock is beyond me.
1984Life experience.
We have seen the crowd turn against someone, hating someone, many times. It always blows over. Thats why we dont talk about what happened a year ago anymore.
Buying the stock now will pay off very much in a year from now, unless Tesla goes bankrupt, which I doubt. Musk has powerful friends.
I fact, I think it hit bottom a few days ago, at 232 dollars. It has recovered to 250 in the last few days.
Even if it does recover like you say, you’re cool with gifting money to an actual nazi who’s dismantling the US government?
I guess this is a good argument. I think elon is a child with mental issues. And obviously he is part of destroying what America stands for in the world.
I dont own Tesla stock at the moment, but when it starts going up, tons of people will jump on that train just to make money. Maybe you too.
I dont own Tesla stock at the moment, but when it starts going up, tons of people will jump on that train just to make money. Maybe you too.
So: “I don’t have a moral compass when it comes to financial invesments and assume you don’t either.”?
Yeah I dont pick investments based on their morality. I believe thats a losing strategy.
Yeah, I mean, what’s the worst that could happen? looks around
Tesla has been losing ground for a while. They were one of the first mass produced EVs with charging infrastructure, but now what makes them special? They have positioned themselves as a software/ai company but it was just a way to boost stock price. They don’t have full self driving (fsd) that’s been promised as next year for the past 10 years. On top of it they only rely on cameras for fsd and no lidar systems so I don’t think they’ll ever get full clearance outside the US.
So even if they ditch Elon I’m not sure if the sentiment can be brought back. Sure they may not go bankrupt but the stock should fall in line with other auto manufacturing companies.
Nothing makes them special today, but things can quickly change. Lemmy has such a young audience so many here dont seem to get that, but lets see where it is in a year.
I wish Lemmy would have the “remind me in a year” function…
swab148Lemmy actually skews older, and also there is a remindme bot on Mastodon that works on Lemmy.
If you have a moment I would love to talk to you about a rich investment opportunity best know as artisanal gourds. Not since Blockbuster has the soil been so rich and the climate been so perfect for artisanal gourds. If you act now I have a bridge that is heavily discounted we can discuss.
Ill pass on this fantastic one time offer. :)
I’m sorry but we only want fantastical legumes. Take your gourds elsewhere.
And we all know that bridge has a Muskelon troll living under it.
There have been multiple companies who have gone through public image issues that have survived, but never regained their original status in the market.
The thing that it has been with Tesla is the company value never made sense and it was driven by hype for Elon and his “genius vision”. With that facade going away the stock should continue to adjust to closer to other comparable car companies. Even recently they had a trailing P/E ratio of 121. That’s crazy with only so few things in their product pipeline that we know about.
So the question now is how does the new public perception impact any new products they launch in the near term and how do they recover the confidence of the consumers? Not saying that it can’t be done.
Congrats, you hit the trifecta!
I never would have thought that Jim Cramer was a Lemmy user.
So… How much GameStop stock are you still holding? 🤭
Haha :) I actually missed that train completely. I remember doing minor day trading but not being successful in that one.
You do realise he is using his stock as collateral for tax free loans. You are funding his nazism by buying his stock. you are helping him avoid pay taxes.
While he is actively dismantling the government we all rely on it will not just “blow over”. Also, Tesla as a company is on a downward track no matter what. What happens to a car company when no one buys their cars anymore?
It goes down in value on the stock market for a while. Revenue reports will show less profits.
But all this is temporary.
What exactly do you think gives value to a company’s stock?
Remind Me@arken Ok, I will remind you on Monday Mar 23, 2026 at 1:41 PM UTC.
Ok message me then, its a good chance Tesla is up 50% from its current value. If not, we can have good laugh about it.
I’m primarily going to hold you to this statement:
We have seen the crowd turn against someone, hating someone, many times. It always blows over. Thats why we dont talk about what happened a year ago anymore.
The bad will generated in the past few months won’t blow over for Musk. This also means that, for example, if Tesla gets rid of Musk in the year to come, then their value in a year doesn’t really mean much to this argument. :) See you in March 2026.
Im excited already to see where we will be. Hopefully not in the middle of a world war, then none of this matters…
See you then!