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Elon Musk Begs Tesla Staff Not to Sell Their Stocks
(futurism.com)
Now that's a sign of a healthy company!
Just a quick summary:
- insiders are selling huge amounts of stock
- sales figures in the last two months were horrible
- constant recalls of cybertrucks which are also basically not selling
- protests and vandalism
- brand is universally hated
- record trade-ins and sales of second hand vehicles
- no new models or products in the pipeline
- laughable vaporware announcements
- begging employees not to sell
- begging Trump for a sales show
- questionable accounting practices exposed in financial times
How anyone can still hold on to Tesla stock is beyond me.
How anyone can still hold on to Tesla stock is beyond me.
And they pay no dividends.
Busted for attempting fraud for EV rebates in Canada at numbers not physically possible and being stupid and arrogant enough to think he’d get away with it
Musk believes he's smarter than everyone else. So think of how stupid Musk is, then imagine how dumb he must believe everyone else is in order for him to be the smartest man alive.
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and the rebate fraud in canada.
You left out "Incredibly high P/E"
What I love is that it's a damned if you do, damned if you don't situation.
The whole reason it has such an absurd valuation, 20x higher than a normal car company, is that they convinced investors they weren't just a boring car company. They had a visionary CEO who was going to keep innovating and growing the company in ways that normal car companies could never replicate. He was Tony Stark! Now they're in a situation where it's that same CEO who's dragging them down. His politics is tanking their reputation, so it's tanking their stock value.
The problem is, if they dump him as CEO, there's absolutely no way to justify the absurd P/E ratio. They can't just go out and appoint another supposed "Tony Stark" to run the company. That means they stick with him and their stock price tanks because he's one of the most hated people in the world. Or, they ditch him and their stock price tanks because with their visionary CEO gone, the jig is up and there's clearly no way to justify a P/E ratio of 100 when Toyota has a P/E ratio of approximately 7.
And for Elon, half his wealth is Tesla stock, and he borrowed against that Tesla stock to fund his Twitter purchase. If Tesla tanks, it all could come crashing down around him. There's no escape for him either. He can't realistically even sell his stock because as soon as he started trying to do that it would signal his lack of confidence and cause the value to plummet.
It's just annoying that Tesla's stock isn't crashing faster. So many people who don't believe in the sunk cost fallacy, and are desperately lying to themselves rather than cashing out before the bubble bursts.
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when the CEO is begging shareholders "please don't sell your stocks", that is quite possibly the single biggest red flag for any company ever. That is "pull your money out yesterday" territory.
Yep.
"You can't sell them until I've flooded the market with all my shares first!" -fElon, probably
That's why he doesn't want them to sell. If the price drops low enough, the banks will make him sell all of the shares that he used for collateral to purchase Twitter. Cashing in billions in shares will be the final nail in Tesla's coffin.
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I mean, if Jim Cramer is telling me to buy something, I'm gonna sell it. If he's telling me to sell, I'm gonna buy more. Never seen a stock guy wrong as often as him.
All of them are wrong. But he is the wrongest
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While retail investors are buying up Tesla shares, insiders at the company are selling.
That's a quote from an article on the topic. Does that sound in any way ominous to you?
the public as exit liquidity. again.
The oligarchs are probably just using retirement funds to transfer the losses from their criminal cronies to the people.
Not as long as they keep buying any dip. Which could continue for a long time.
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I may not know anything about the stock market, but I think this means everyone should sell their stocks.
It's poor sales *from last year Q1 compared to 2023 Q1.
We're not even looking at 2024 Q2-4 or 2025 Q1 yet. Telsa might be completely underwater at this point.
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So he can sell his and cash out first?
Nah. Tesla’s dead. Now we need to kill spacex
It’s been holding at about 245 for a week. Bummer is not going lower.
After this pathetic shit-show, it's going to drop more.
Yeah, this should scare the shit out of any investor.
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Saw a yt thing last night that over the past three months Tesla execs have sold over 175k shares too
Charges of domestic terrorism against anyone selling his Tesla stocks in 3... 2... 1...
Tesla stock is way, way overvalued. If it were based completely on the company and its product, it would be 1/5 or 1/6 of its current market value. That hyped-up value was based on Musk being a benevolent leader into a progressive future of electric vehicles, continentally available charging, shared infrastructure, getting off fossil fuels, solar and alternative energy sources, etc, etc. However now that he has shown that he is actually a regressive, do anything for a buck to be the first trillionaire even if he kills the USA in the process, a**hole, why would Tesla stock stay overvalued? Especially as every new line of Teslas has more problems, with the latest cybertruck being fully recalled? Anyone not bailing now is likely to lose most of their value the longer they wait. The MAGAs that Musk now appeals to are never going to buy an EV and his former supporters that he stabbed in the back will go on to other EV providers.
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Elon has NOT demonstrated ANY transparency THIS YEAR. Don't listen to his words. Words are a "tool" that he uses to get what he wants, NOT what you want. He doesn't think he is lying, it's just business “management.” Lying is his way to help his business thrive. Perfectly normal...for him.
Perfectly normal for ALL Sociopathic Oligarchs. Lying, cheating, bad ethics, willingness to break the law, etc. are all considered valid business strategies these days. I've know many businesspeople who believe that.
Most businesspeople want to operate their businesses legally and ethically. People with morals and consciences wouldn't be proud of having a successful business if it only got that way through nefarious behavior.
Unethical businesspeople know that, and look for honest businesses like that to exploit. They see their unethical and illegal behavior as a competitive advantage over their honest competitors. They know their opponents won't cross a certain line, but they will, and they are actually excited to do it. They enjoy being dishonest, it makes them rich.
who would invest in a car that's so susceptible to spontaneous combustion
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SELL SELL SELL!
Sell off! Sell off! Tank it! Make him suffer!
IF you have Tesla shares AND you waited for a sign to sell them all asap .........................
SELL
The stock is currently recovering but there's a lot of fear. People might bail out if Musk pulls another stunt.
Yeah he's been quiet the last few days, and I knew that had to be why. It won't last through, he's like Trump in that neither can stand it when they're not the center of attention.
Sell! Sell! Sell!
The protests won't stop until the company is bankrupt. Sell em if you've got em.
Lmaooooooooo
🖕elon musk
Liquidate Musk. Appropriate his assets and redistribute the proceeds.
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Sell your stock. Make the bank cash out elon stock so that he pay taxes on his loan collaterals
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this post was submitted on 22 Mar 2025
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