Tesla stock suffers even further collapse.

@SW-User I tend to agree. It clearly wasn't a sound a business decision. Looks like ego and power drove that train. And the train jumped the tracks. Your last line is the real issue for me. It speaks, yet again, at how EASILY a certain group of Americans can be manipulated. They hated Musk's guts, just like Trump's, until he provided them with an enemy out to get them. "Freedom of Speech" was all it took. Even though it's not close to an issue of Freedom of Speech. So I'm not sure if it's sad or funny. I think it's more alarming than anything else.

@CountScrofula funny how all at once banning people from twitter is so terrible🤦‍♂️

@Virgo79 ... uh, do you understand that there can be different reasons for banning people, and differing opinions on if those reasons are good or bad?

@CountScrofula [quote]Let's be clear, his mistake was buying a company for three times its value, firing half of the workforce and driving away a further quarter of the workforce, completely fucking up the verification system, and then claiming 'free speech' while using bans to aggressively punish critics and his staff because he doesn't want free speech, he just wants to post about how he got dumped for a trans woman without being made fun of. .[/quote]

Let's be clear. No.

Those are the things that are being used to justify his expulsion from the club. But really its because he bought up the left wing propaganda network, exposed it, and destroyed its reputation. That's what everyone is pissy about, their little clubhouse was infiltrated by the brutes at Delta house and everybody found out they are just as biased and corrupt as anyone else.

[quote]Everyone is now waking up to the fact Tesla is a shell company that barely makes a product and was a scam from the beginning. His empire is now crumbling and it's -hilarious-.
[/quote]

Yup, let's all laugh at the idiot now, way to express your two minutes hate. Big brother is pleased.

[quote]Trying to claim this is some sort of hit job from the feds because he exposed their manipulation is idiotic and beneath you.[/quote]

Oh no, the guy who consistently and regularly misjudges me is cross again about my opinion. 🙄

[quote] The President asking twitter to stop posting his failson's dick everywhere is not some kind of state interference literally anyone would do that in Biden's position[/quote]

Well first of all its more than that and you know it. I don't care about his dick pics, but I would like to know what he promised the Ukrainians considering we are at Russia's doorstep and they are threatening nuclear retaliation.

@Northwest I read the WSJ article you posted and thanks for that. In the cold light of day, it appears that Tesla was always massively over-valued anyway because of its undeserved reputation as the Steve Jobs of cars. That has been discredited now. Cry me a river.

@supersnipe You're right. Other companies are producing better, smarter and less expensive options. My partner's son regrets his decision to buy a Tesla. Like a lot of people I think he was rightly enamored with newer technologies but the long term hasn't turned out to be positive for him. There's also a really strong proprietary nature that is limiting. I'm not seeing a really solid future for Tesla. Big long term future for EV's in general is strong though. The writing is on the wall.

@Ynotisay @supersnipe I think a huge problem for Musk is that the prediction that Tesla would be a market leader in the next big thing was staggeringly overwrought. Other car companies are investing in electric cars, AI and all the other mod-cons. Of course, they are and they have money and good engineers. The Tesla myth was based on the idea of Musk and Steve Jobs of this new wave He isn't and Tesla is just one player in a competitive market. Musk does have more engineering smarts than other CEOs but that only gets you so far, especially when you have been exposed as a man-child troll who fucks up your other pet project based on sheer vanity.

@Burnley123 @Ynotisay What I find interesting are the fires. When a Tesla catches fire, as they do sometimes when sitting there in your garage, it may not be possible to put it out, or it may catch fire again later. Elon has done his best to hush that up.

@Human1000 Yeah, the alt-right eco-car is a niche market.

@Human1000 [quote] Since conservatives only believe in energy from fossil fuels, Tesla has a bit of a marketing problem[/quote]
Tesla Model Freedom® (2023)

Or even, they can always redesign their product to include a thermal engine/generator in the design, and changing the slogan to "[i]the only car company that will continue to make real™ cars, while the rest of the manufacturers are going electric and woke[/i]"

@Elessar Ha! That's hysterical.

@Crazywaterspring In a word: Yes!

@Crazywaterspring Considering how much shit Edison stole from other, better inventors, and how he screwed over Nikola Tesla, he kinda is.

@basilfawlty89 Loved it! Everyone needs to watch that immediately.

@LordShadowfire Like Trump, he was the epitome of everything they said they hated. Proves one thing. Sure doesn't take much to get them on board. Create a made up enemy and you're golden.

@Darksideinthenight2 If the worst predictions are to be believed, Musk's wealth (which was always based on future predicted earnings and speculative) has fallen off a cliff.