Elon Musk is teasing....

[vraiblonde]

.....that he'll hand the reins of Twitter over to someone else.

I would pay to have that someone be Donald Trump.

 

[TPD]

That would be the bomb dot com!

 

[BOP]

.....that he'll hand the reins of Twitter over to someone else.

I would pay to have that someone be Donald Trump.



View attachment 167823

I said that on FB earlier. That would be awesome!!!!

 

[HemiHauler]

Makes sense. Seems he has some TSLA shareholders that aren’t very pleased with his pet project.

Tesla stock is stuck in its worst sell-off since the company went public in 2010

As Elon Musk remains embroiled in Twitter antics, investors are dumping Tesla stock, which has shed about 62% since its high in November 2021.

markets.businessinsider.com

• Shares of Tesla are down 62% since their peak in November 2021, marking the company's largest drawdown since it went public in 2010.
• That sell-off is worse than the 60.6% plunge Tesla saw in February to March 2020, per data compiled by Yahoo.
• Elon Musk has drawn ire for his Twitter antics, which many Tesla investors see as a distraction.

 

[Kyle]

Elon To Stay As Twitter CEO After Counting Mail-In Votes

SAN FRANCISCO, CA — After posting a Twitter poll that seemed to indicate most Twitter users want him to step down from Twitter's leadership, Elon Musk has revealed that millions of mail-in ballots sent in yesterday confirmed most people want him to stay.

babylonbee.com

 

[PeoplesElbow]

Makes sense. Seems he has some TSLA shareholders that aren’t very pleased with his pet project.

Tesla stock is stuck in its worst sell-off since the company went public in 2010

As Elon Musk remains embroiled in Twitter antics, investors are dumping Tesla stock, which has shed about 62% since its high in November 2021.

markets.businessinsider.com

That was as inevitable as Thanos. The valuation was way too high.

 

[HemiHauler]

That was as inevitable as Thanos. The valuation was way too high.

Perhaps by some metrics. Its P/E ratio, while high, wasn't terribly out of line for an otherwise well-run automobile manufacturing concern with excellent potential. The shares started taking a heavy beating last April, just after the buyout of Twitter was hinted/announced.

 

[Bann]

.....that he'll hand the reins of Twitter over to someone else.

I would pay to have that someone be Donald Trump.

ME, TOO!! Schadenfreude, baybeeeee!!!

 

[PeoplesElbow]

Perhaps by some metrics. Its P/E ratio, while high, wasn't terribly out of line for an otherwise well-run automobile manufacturing concern with excellent potential. The shares started taking a heavy beating last April, just after the buyout of Twitter was hinted/announced.

Right now it isnt bad, last year it was over 1000.

At one point their market cap was higher than GMs and GM had more free cash flow than TSLA had revenue.

Last year was the time to get out, it won't be that high again.