Tesla nosedives in premarket as Trump suggests DOGE should probe subsidies for Musk’s firms

that would be so funny if DOGE went in and fucked up Elno's subsidies and related waste a laff riot

Poor Elon. Just joking of course.

I don't understand this stock, it's trading at 175 p/e ratio, sales are down globally, it's leadership (already thin on the ground) is leaving, the rObOtAxI is definitely a real thing that won't kill anyone. And Optimus is .. also totally a real thing. Meanwhile Musk is having a slap fight with Trump and it's recovering from its premarket lows.

It's a crypto coin at this point, its value is almost entirely predicated on *vibes* and sheer belief that Musk will be at the forefront of every new, huge tech industry - AI, robotics, space travel, etc. This is in spite of all evidence to the contrary.

Yeah but where are the inflows coming from, even Bitcoin has stop climbing, Trump coin crashed, Melonia coin crashed. Yet Tesla, just another week.

I‘d say lots of funds and other financial products sold to peasants have bought into it. Why on earth would some of those so called analysts be that bullish about it if their employers weren’t neck-deep stuck in that shit?

Exactly that. There is an element of "too big to fail" when it comes to stuff ending up in pensions, etc. Same could apply to Bitcoin at this point. Of course things are never too big to fail, it just means the fallout is even greater. Even Tesla being priced rationally (i.e. according to P/E and realistic prospects) would be a massive hit. The fact the stock drops \~6% because of the latest Trump tiff speaks volumes - i.e. the EV mandate going away is not new news.

Hopefully he gets deported and then buys Trumps new golden ticket citizenship.

It would be so perfect to see Elon get DOGE'd!! Couldn't happen to a more deserving guy.

Tesla will drop to low double digits. Bubble is popping in front of us.

see Enron

Enron was “too big to fail”! Tesla is going to fail.

Howard lutnick of cantor fitzgerald, who is also the secretary of commerce, went on fox news and told people to buy the tesla stock. https://campaignlegal.org/press-releases/commerce-secretary-lutnicks-call-buy-tesla-stock-violates-federal-ethics-rules

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This kind of action is outright corruptions and intimidation. That is actually more concerning than Elon IMO. One is just greed and stupidity. The other is full on corruption.

Just keep him as a worker in his dad's Emerald mines, I'd suggest.

As long as they make a spectacle and use a giant chainsaw.