Who knows. Maybe they realize the stock is already overpriced and they don’t want to jinx it. I’m still in awe of the fall musk made in the public consciousness. He went from the guy who wanted to change the world and help end fossil fuel consumption to someone who paid 40+ billion to make a safe space for Internet trolls… Crazy.
I think anyone who has even the slightest idea of how the market works knows Tesla is grossly overvalued. Obviously it’s nowhere near the whole story, but when their market cap is nearly 20× that of Ford’s with ½ the revenue, something is fucky
How are Tesla shaehrolders not like suing for something to deal with Musk doing stupid shit like this? How far are they gonna let him go?
Who knows. Maybe they realize the stock is already overpriced and they don’t want to jinx it. I’m still in awe of the fall musk made in the public consciousness. He went from the guy who wanted to change the world and help end fossil fuel consumption to someone who paid 40+ billion to make a safe space for Internet trolls… Crazy.
I think anyone who has even the slightest idea of how the market works knows Tesla is grossly overvalued. Obviously it’s nowhere near the whole story, but when their market cap is nearly 20× that of Ford’s with ½ the revenue, something is fucky
Irrational exuberance at its finest
Don’t forget how one of his companies was pushing the envelope in reusable rockets.
And now burning the aura he carefully built for… Twitter and “alt-right” bullshit.
I think a lot of people knew Musk was full of it from the start. His recent twitter antics have just brought the realisation to a larger crowd.
https://www.cnn.com/2023/11/20/tech/tesla-elon-musk-suspension/index.html