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Is Elon Musk in Trouble?

One of the most hilarious bits is that the GQP has held the power of the purse for just about forever.

Who is this 'they' that right wing radicals think have been stealing from 'you' all along?
 
Announced today... this may solve a lot of our problems.

In late-night screed, Trump says he’s buying a Tesla to support Elon Musk

The president said he will purchase a Tesla as the automaker’s stock price takes a tumble.
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There was a nervous auto show on the White House driveway today with Trump promoting Tesla vehicles that he claimed he was going to buy. Apparently, someone believes that all the MAGA types who have been losing millions of dollars on Trump meme coins are up for another round.

Trump was caught with a "script" in his hand. Note the 6 digit prices of the cars.
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The market analysts aren't as optimistic. Tesla's big market was California. In 2024, sales of Tesla's ZEVs were down, while sales of other brands' ZEVs were up.
Things aren’t looking so golden for EV automaker Tesla in the Golden State. Tesla’s dominance in the electric vehicle market continues to falter as the brand reported its fifth consecutive quarterly registration decline. Tesla’s registrations fell 7.8 percent in Q4 2024, contributing to an overall 11.6 percent decline in 2024. The company’s market share also dropped by 7.6 points in 2024, now holding 52.5 percent of the Zero Emission Vehicle (ZEV) market for the year. Amongst all brands, Tesla’s share of California’s market is 11.6 percent, down from 13 percent in 2023.
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And the market has discovered that Tesla's market valuation is way out of line with all other major automakers. The data below was before Tesla's stock shot up in late 2024.
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View attachment ChrisHayes-Tesla_20250311.mp4
 
Does anyone here own a Tesla? I bet one or two of you one percenters here do. Come out of that closet! I don't, but were I a rich man i'd likely have one as a plaything, at least prior to his marriage to Trump.
 
KaraBulut said:
There was a nervous auto show on the White House driveway today with Trump promoting Tesla vehicles that he claimed he was going to buy. Apparently, someone believes that all the MAGA types who have been losing millions of dollars on Trump meme coins are up for another round.

Trump was caught with a "script" in his hand. Note the 6 digit prices of the cars.
View attachment 2959533

The market analysts aren't as optimistic. Tesla's big market was California. In 2024, sales of Tesla's ZEVs were down, while sales of other brands' ZEVs were up.


And the market has discovered that Tesla's market valuation is way out of line with all other major automakers. The data below was before Tesla's stock shot up in late 2024.
View attachment 2959534


View attachment 2959535
Click to expand...
When I saw the pic and the news bit...I commented that it was clear that the wheels were coming off the Wankpanzers and TeSSlas. This was an act of naked desperation and so cynical and openly dishonest. Trump and the GQP have been trashing electric cars all along and the Muskmobiles have always been overpriced toys for the so called liberal tree hugging 'elites'.

Having shit in his own bed in California, Musk now has to roll around in the mess he's made.

He has lost the demographic for the TeSSla brand....the only people now buying one would have to be full on NAZIs.

And finally, the chickens need to come home and roost. The company has always been grossly overvalued and as more manufacturers bring their own more affordable vehicles to the market, the earth was always going to rise up and hit the stock price on the way down.
 
And of course, internationally, the brand is just about finished.

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A friend of mine recently asked me if I thought Musk looked like he was unwell- like he was anemic or on chemo or something. I had to acknowledge that he didn't look healthy but that I didn't think he was gravely ill.

Well.. the dip in Tesla stock just this week took about $30 BILLION off Musk's net worth, which is largely tied up in his shares of Tesla. Many of Musk's other very expensive projects are not public companies, so he has been able to garner investment capital by mortgaging his Tesla stock to get financing to buy Twitter. His SpaceX venture has been financed by some private companies using SpaceX rockets but the majority of SpaceX revenue comes from US government contracts.

The way Musk looks reminds me of how some my friends in California looked around 2008 when their home's value had crashed and their subprime mortgages exceeded the value of their home.

Yesterday, when the markets were down and investors were losing trillions of dollars, the President was on the White House lawn trying to sell Tesla's $100,000+ cars, a la Death of a Salesman. Next to Trump was Musk who had his favorite accessory- one of his children- looking very much like Michael Jackson and Bubbles the Chimp. Trump's little dog and pony show helped bump up Tesla by about 4%, at least for the day.

 
We can all smell the flop sweat from here.

And saying that it is illegal to boycott TeSSla is just another off the rails rant by the mentally unstable salesman Musk hired.

A reminder that if it isn't "illegal" for MAGA to boycott Bud Light, Target, Starbucks and more because of the 1st Amendment, it sure as hell ain't illegal for the world to boycott Elon's shitty overpriced cars.

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The insiders will never let the price drop unless one of them, like the Sauds decide to run him to the ground.

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Trump was literally reading off a sales pitch to try to move some of the merch.

If a Dem president had used taxpayer dollars and the office of the president to move vehicles off the lot...FOX et al. would be shitting their diapers.


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I am sure I am preaching to the choir here.

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