Currently it is 305$, SEC is investigating Musk for fraud due to his false claim that he had secured Saudi funding, influencing stock price that way.
Eventually, chinky eye bastard is going to jail and Tesla and SpaceX are going broke.
zerohedge.com
JP Morgan: TESLA STOCK OVERVALUED AS FUCK, TRUE MARKET VALUE AT 195$ PER SHARE
Joseph Stewart
Other urls found in this thread:
bosch.com
twitter.com
Xavier Jenkins
Who /shortingteslastock/ here?
Elijah Reed
>(((JP Morgan)))
>(((SEC)))
Nice try rabi
Angel Moore
I am not going to buy your shitty car, Elon.
Blake Howard
Memelectric cars a shit
bosch.com
Michael Price
(((they))) are mad that elon called out the kike media
Chase Green
The overvaluation of Tesla has been known for far longer than a fucking year, any investors who would doubt their investment would have moved out by now.
I discussed this at one point with my uncle, who has a long history as a CFO in technology companies, and his view was that the investors believe in the ability of Elon Musk and Tesla to generate innovation. So they're willing to pay for the ideas behind the company, rather than only paying for the dividends and the worth of the machinery.
As for SpaceX, isn't it rather obvious that SpaceX has been integrated into the American industrial complex? SpaceX can't fail at this point, it has major government contracts and acts as an innovation engine in the American space industry. An industry Trump literally just gave a promise of billions of dollars for Americas militarization of space.
JP Morgan is just doing their job as an investment bank, stirring up shit to hopefully make a buck off of a couple of million stocks changing hands.
Nicholas Thomas
Tesla will go bust but SpaceX will be fine.
Musk is a con artist whose main skill is finding ways to gain access to the public purse or building up a company in a niche market through hype.
Tesla is failing because Musk tried to push into a heavily saturated and developed market.
SpaceX is doing well because it relies almost entirely on public funding and exists in a small niche market. The Boring Company and his hyperloop scam function on the same principle.
My guess is that right now Musk has realised how fucked he is and is trying to find a way to offload Tesla on someone.
Saudis are a logical customer as they've spent years buying up alternative energy patents and companies (then shutting them down) to protect their oil revenues.
Aiden Russell
Cars driven by electric motors are fine. Very good even.
The problem is trying to run them off batteries. You can get better results with a gas turbine engine.
Eli Torres
NOT POLITICS
Ethan Parker
>(((Bosch)))
>(((synthetic fuels)))
Ian Hughes
Oh yeah all those other estabelished electric car companies just wont let tesla in the market
Bentley Powell
yeah keep shorting, and keep giving elon your money
he can use it for something useful like cleaner air in cities due to electric cars and putting people on mars
Easton Gomez
Go back to your diharrea thread.
Joseph Martin
The automobile market is itself heavily developed and saturated.
So for any company to break in takes a lot of work even if its using conventional technology. Musk has been busting his ass in terms of his usual PR storm just to keep suckers investing in Tesla to keep it afloat.
As it stands electric cars still compete with conventional vehicles and as such have to elbow their way into a very crowded market with vehicles from all over the world for sale in huge quantities.
The electric car market of course has many other issues. Lack of standardisation for one, since every company is trying to push their own ecosystem in an attempt to become a monopoly in the field.
The underlying technical problems are a big issue too as battery technology simply isn't there.
Connor Butler
Elon Musk is the biggest snake oil salesman. Everything he has made has been a failure since paypal.
David Rodriguez
didnt elon say the other day that he wanted to buy out tesla from the stockmarket, so a lower stock price would benefit him no ??
Josiah Martinez
This. Nobody who is rich will ever get public opposition unless they go against kike interests.
Samuel Hill
Fuck off roach, take kikebush with you.
James Morales
Nathaniel Brooks
I made decent money betting on Trump's economy.