This guy just doesn’t understand public relations. Why he bent on tanking Tesla stock to own the line is beyond me.
"At this point, it may be easier to change a tire on a Model S in under 10 minutes than to try to call a bottom in Tesla's battered stock." 'A perfect storm': It's anyone's guess when Tesla stock will stop tanking https://finance.yahoo.com/news/tesla-stock-when-stop-falling-analysts-perfect-storm-105953220.html
Elon vs. the FTC consent decree in a nutshell: "It's the equivalent of someone asking Sam Bankman-Fried if he understood the laws against money laundering, and SBF responded by saying 'I manage my resources well in League of Legends'" Elon Musk Claims He’s Not Worried About The FTC; He Should Be https://www.techdirt.com/2022/12/26/elon-musk-claims-hes-not-worried-about-the-ftc-he-should-be/
I don't care much for Krugman but he has certainly taken Musk out to the woodshed in his recent column. Economist Paul Krugman trashes Elon Musk as being unable to care for a cat much less a company https://www.rawstory.com/elon-musk-tesla-downfall/ After the swift downfall of Twitter leadership, investors appear to be bailing on Elon Musk's other company, Tesla. The company's stock closed at just $110 on Tuesday, and Forbes reported that they'd lost $800 billion over the course of the year. With China, Tesla's top market, dealing with the pandemic, few are thinking about buying a Tesla. New York Times columnist and economist Paul Krugman compared Tesla to cryptocurrency, which has some brands that have slowly collapsed over the year as well. Writing Tuesday, Krugman asked whether the company was ever all that to begin with. He compared it to companies like Apple, Microsoft and other big tech giants that have a market for continuous purchases like apps, devices, music and more. Tesla, he argued, is a one-trick pony. While Tesla managed to make the electric vehicle a fad, GM and Ford are now entering the competition. Companies like Volvo and Kia are at work to ensure that their cars can meet the "American-made" requirement for the EV tax credit. "It's hard to see what would give Tesla a long-term lock on the electric vehicle business," Krugman wrote. A significant portion of Tesla's popularity came from the "cool guy" attitude of Elon Musk and the rest came from liberal environmentalists eager to do their part to cut down on carbon emissions. Over the course of just six months, Musk has eliminated both through his Twitter leadership allying himself with the far-right, Russia and becoming more uninspiring. "And as I said, there’s a parallel here with Bitcoin," wrote Krugman. "Despite years of effort, nobody has yet managed to find any serious use for cryptocurrency other than money laundering. But prices nonetheless soared on the hype, and are still being sustained by a hard-core group of true believers. Something similar surely happened with Tesla, even though the company does actually make useful things." "I guess we’ll eventually see what happens. But I definitely won’t trust Elon Musk with my cat," Krugman told readers. Read the full column at the New York Times.
I sold half my puts on.TSLA.....could see a massive.short.covering before year end haha.... still looking for below $100 soon.... Musk.cant help himself....
Musk's Twitter becomes the Southwest of the Internet since Wednesday. In related news, Twitter has been frantically begging engineers it fired to come back in the past 24 hours. Twitter outage: Elon Musk says ‘works for me’ as users report problems with website The technical failure comes after mass layoffs at the tech firm following its takeover by Elon Musk https://www.theguardian.com/technol...e-with-many-unable-to-log-into-website-or-app Twitter suffers outage amid Elon Musk making ‘significant’ backend server architecture changes https://techcrunch.com/2022/12/28/twitter-down-outage/ Twitter suffers global outage, remains unavailable for thousands of users https://interestingengineering.com/culture/twitter-suffers-global-outage Twitter Users Report Errors, Disruption from New York to Tokyo https://finance.yahoo.com/news/twitter-users-report-errors-disruption-023957775.html Twitter suffers partial outage in another blow to Musk https://www.smh.com.au/technology/t...-in-another-blow-to-musk-20221229-p5c9at.html Twitter users report app ‘finally broken’ as thousands face suspected global outage Elon Musk purchased the social media giant for $44billion in October and has since faced an onslaught of issues. https://www.express.co.uk/news/world/1714788/twitter-down-elon-musk-global-outage-ont
Russia celebrates the Trumpification of Elon Musk. Russia Celebrates Turning Elon Musk Into a Useful Idiot The billionaire Twitter boss may have been joking when he gushed at a Putin underling’s bizarre predictions of global chaos. Kremlin admirers don’t care. https://www.thedailybeast.com/russi...to-a-useful-idiot-after-medvedev-twitter-rant
Elon Musk has warned in the past that Twitter could go bankrupt. Here's what would happen if it did. https://finance.yahoo.com/news/elon-musk-warned-past-twitter-134107807.html
Just doing a quick check here to see if GWB has reported on the up move in TSLA today after having religiously reported every down tick for weeks. Nope. I don't see anything. Situation normal.