Peter Thiel slashes Tesla (TSLA) stake as Elon Musk warns shorts

Price is up today lmao Short sellers better beware!!! The company of unmet promises is pivoting to new unmet promises! We can't make self driving cars but we can make totally autonomous humanoid robots. Easy

You can't trust your money in Elon's hands. He paid 250mil for some orange head.

And the stock moons 3%. Should be +10%, odd…

> The filing, which covers the period ending September 30, shows the fund sold 207,613 TSLA shares during the quarter. The filing is old news, months old news.

This the flying car hype?

Guys, don’t you get it?! We need the fully automatic human-like robots to control the flying cars, so it’s really just a matter of re-organizing priorities.

This seems to be more protection against an AI bubble. But I guess that's the risk when you pivot to being an "AI" company.

yes, the bags have already been distributed

"No, don't short my pump and dump scam!" Call the electric waambulance.

You need them to follow criminals around to keep them from doing anything bad. The first one should be assigned to him.

Never underestimate the power of a cult.

Few code changes and the hardly working FSD with 2 degrees of freedom with work seamlessly on robots with 24 degrees of freedom.

we know it will work because elon prob wrote a white paper on it /s

It's just an engineering problem

Stock up 4% - guess those MSTR dollars got to go somewhere

Tsla is the NFT of stocks

Except people eventually figured out NFTs were worthless. They still haven't caught on that TSLA is a meme stock.

So Gates was already betting against Elon 8 years ago? Pretty cool.

Those who time their shorts right stand to make a fortune when gravity finally catches up to Tesla

Dangerous game. Impressed they are swimming against gravity this morning. Who knows when the shoe will drop

How's Musk gonna become a trillionaire if Thiel and Gates keep making decisions based on fundamentals? Tesla is now an AI, robot, robotaxi company. Now buy stock, rubes.

It’s in the whitepaper!

At this rate, 2042.

yeah they sent my head back in a jar. It might get reattached by March, or not.

he's also announced fully autonomous flying cars....

The degeneracy in how the stock markets value stocks is something to behold. Fundamentals be damned, what is the current next promise not to be met? The question now when do I dump after which meme stock pump?

Because we must believe Elon Musk when he promises technology 50 or 100 years too early - after all he's a **genius!** It's sad that the most successful individuals on Earth right now are the charlatans. There are always enough stupid people waiting to get suckered, who take forever to wake up to it (if they ever do). The only reason I can't promise endless free power extracted from dark energy, or whatever else, and get investors to throw money at me, is that nobody knows who the hell I am. I don't have the marketing and branding machine to make myself a household name. Yeah, if you can't get a car to self-drive, a job that involves a conspicuously finite number of rules and boundary conditions, you don't have a chance in hell of building an autonomous AI humanoid fit for general tasks. But it costs nothing to **say** you're going to do it. Words are cheap and easy, your empty promises just need to sound good.

Short that sob. Into. The. Ground. Id like to see elon as a lowly millionaire again

Is this the same as the hyperloop hype? It's funny how it was aptly named "hype-r-loop".

It's the fact that people still think Elon "co-founded" PayPal lol.

*Ba doom tish*

Same as bitcoin, it’ll be something whenever any collapses.

Damnit… take my upvote.

No now it’s FSD Flying Underground Hyperloop (on Mars, obvi) 😎

I remember when they were a "sustainable energy" company that just happened to get most their revenue from building cars. Crazy to see them evolve into an AI company that gets most their revenue from selling cars.

Is there a bigger red flag than a CEO trying to prevent a stock price from tanking by pleading with holders not to sell?

> Thiel famously co-founded PayPal with Elon Musk and is still close to Tesla’s CEO. They have both recently referenced having conversations, and they collaborated in their support of President Trump in last year’s US elections, as well as during the transition. > Interestingly, Thiel appears to be ignoring his friend’s advice in divesting from Tesla. As Tesla shareholders voted to give Musk the biggest CEO compensation package ever, Musk told them to “hold on to their stocks.” Their relationship can hardly be described as a friendship. Thiel knows Musk is a drug-addled idiot which makes him his favourite chaos actor. It sure has been great for Palantir's market cap and revenue.

Thiel already knows how dumb Musk is > “So what can this thing do?” venture capitalist Peter Thiel asked from the passenger seat of the sleek, 627-horsepower McLaren F1. >” Watch this,” Elon Musk replied. > Musk gunned the McLaren’s gold-plated engine. The force was more than he could handle. The car spun out on the busy Silicon Valley road, hit an embankment, went airborne and smashed on the roadside. Glass shattered, tires burst and the vehicle’s suspension snapped. > The crash could have killed both men and also destroyed PayPal — the company that revolutionized e-commerce and gave rise to YouTube, LinkedIn, Yelp, Tesla and SpaceX — before it even began. >But miraculously, Thiel and Musk were unhurt. They dusted themselves off, stuck out their thumbs and hitchhiked off to change internet history. What isn’t mentioned is Peter Thiel’s recounting where he says he got his own ride to the meeting they were supposed to attend and left Musk there lol

I’m convinced everyone who has stock in Tesla looks like that sideye monkey puppet meme to each other as they keep buying

I can only wonder if Musk moronically killed himself and Thiel then, what would the world be like now. Hard to imagine it'd be *worse*.

You ain’t wrong!

Its toilet paper! ;D

I miss Montana Skeptic

Let’s not forget l, self driving cars, solving traffic with the hyper loop, the solar shingles, ai cars, the roadster, the so called robo van and now robots. They have not produced one of those thing let that sink in

The shorts will regret the day cyborgs will break into their homes and strangle them (not in an auto-erotic asphyxiation way). “ - Cathi Woods

We’d still have Gawker :(

We would not know about Hulk Hogan and bubba the love shrimp's wife

Full Self Fellating!

Hyperbole Loop

You need to talk to an Elon fanboy. They have absolutely no doubt that whatever he claims is real.

When it crashes it will be so spectacular that the force of it hitting rock bottom will send a wave back in time and slap Elmo’s great grandfather.

How is a robot anything like a self driving car that can actually kill people? I would imagine it would be much easier to create a humanoid than achieve full self driving. The robot isn't going to crash you into the back of a semi

What does dangerousness of driving have anything to do with the topic? Humanoid robots are meant to replace humans, thus humanoid robots needs to be able to do what humans are capable of doing. One of those things is driving a car. TSLA cannot program a machine to do 1 thing (driving a car) that humans can learn relatively quickly. If a machine (car) cannot be trained to do 1 thing (drive a car), then how will they make a humanoid robot (another machine) that is supposed to learn to do millions of things humans can do? Besides that, human do jobs that if are done improperly can be dangerous too. So if a machine is to replace humans it has to able to perform those tasks flawlessly.

Exactly. Elon suggests that his humanoid robots will be able to perform surgery *better than any human surgeon could*. A botched operation is pretty hazardous, I'd say. Driving is a narrow and well-defined task with a few simple rules. A humanoid robot who could perform any mundane task you gave it would be orders of magnitude more complicated than a self-driving car. If you can't do FSD you *absolutely* can't do the synthetic butler. Gotta learn to walk before you can run. If you look up product trial videos for Tesla's Neo robot - not Tesla's own product pitches or any of the Musk fanboy accounts, I mean real product review videos - you'll see what a scam it is. Here's one from the Wall Street Journal: [https://www.youtube.com/watch?v=f3c4mQty\_so](https://www.youtube.com/watch?v=f3c4mQty_so) You **pre-order** this thing for $20,000. And you need a VR connected human operator *controlling the robot*. There's no autonomy there. No advanced AI. Why not hire a human housekeeper? You don't need to pay them a $20,000 starting bonus and they're a lot more coordinated. Other firms are way ahead of Tesla's toys. They don't make the kind of ridiculous inflated promises we hear from Elon Musk though, because he's a scam artist out for a quick buck while they're serious companies doing the long and tedious work of developing the technology for real. Notice how the charlatan tech bro loves taking pre-orders and hefty subscription fees for things that don't exist yet. And then doesn't deliver, or delivers a product far inferior to what he promised because then he can keep the customers' money.

Market has done very well this year, an inverse TSLA position is a good play and looks like good insurance if the punch bowl does get taken away. TSLA is nominated as whipping boy because it is the most inflated nonsense you can find.  It is seeing erosion of its moat, profitability, corporate goodwill, and a lot of its talent.  It is in a footrace with Chinese manufactures for the foreseeable future, and outside of the US people prefer the Chinese offerings. Longs frankly deserve what happens to them at this point.

So basically you need a third worlder Mechanical Turking this remotely?

Thiel is so crazy he probably think the stock is possessed by Satan or something…

Yep. Just like all his robot demonstrations. We'll develop the AI part later, this remote control toy is just to show you what it'll look like. I was lmao when they showed the human operator. You need someone working remotely controlling the housekeeper bot. Totally defeats the purpose. **This** Neo is definitely not The One. And that FSD will be along any day now. The hyperloop and the Mars colony too!

There is no way to justify TSLA’s valuation. None of the markets (autos, robots, AI, taxi shit, batteries, solar) have a good profit margin if they will ever be a profitable venture at all. And the icing on the cake is that Tesla is not currently and will never be an industry leader in any of this crap!