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Anonymous
Anonymous asked in Business & FinanceInvesting · 2 months ago

is Tesla a big scam? is Tesla stock going to crash like there is no tomorrow soon?

why Elon Musk seems more concerned with gaming the stock market than on car manufacturing? he seems to be a con artist maybe?  he has scammed people on Gamestop stock and now Bitcoin too. where is the SEC?

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  • Anonymous
    2 months ago
    Favourite answer

    There is a Catch 22 for which any smart college boy could run the math.  This Catch 22 is made 100 times worse by Biden's insanity to destroy the oil industry  Both Republicans and Democrats are idiots not to see this.  What is worse, the electric industry is sewing the seeds of it's own destruction.  Here it is.  For Tesla to succeed, it must sell tens of millions of cars each year starting right now.  But all those cars will need a supply of electricity that does NOT exist.  In a doomed effort to make things work, the demand for electricity will quickly outstrip supply and everyone's power bill will increase X10 and then X20. But as with all so-called "green energy", its production requires the use of  huge amounts of petroleum energy.  But Biden is in the process of destroying the petroleum energy.  Fearing a total collapse, the Federal government will be forced to build large numbers of nuclear power plants and restart as many coal fired power plants as fast as possible.  The missing part here is called cost/benefit/impact analysis.  That was standard stuff 25 years ago.  But now people are too ignorant to do it.    Tesla stock owners and everyone else can kiss it goodbye.

  • The entire securities exchange is a major trick, the greater part of these organizations are not worth the cost of their offers. Their offer costs have all been ginned up on the guarantee of "future profit". Do you figure Apple will at any point procure the trillions of dollars a year expected to legitimize their present offer cost? Everything is an energy play, and that is it. You stay in the stock while the force is upward, and the explanation its energy may be upward is altogether a direct result of human brain research.

    That being said, Tesla is certainly not worth its cost, regarding its profit. Yet, it merits its value as a result of its force. Try not to stress over its plan of action, it's now shown that it can endure building a kind of vehicle that long-term industry watchers have since quite a while ago excused as impossible to fabricate productively. The car business itself has been saying Tesla is a year from liquidation, and it's been off-base without fail. That is on the grounds that it's structure an item that ticks off a ton of alluring boxes, that ordinary vehicles don't.

  • 2 months ago

    Only your Covid19 victim is making.

  • Anonymous
    2 months ago

    Anton Tesla died in the 1940s.

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  • 2 months ago

    The whole stock market is a big scam, most of these companies are not worth the price of their shares. Their share prices have all been ginned up on the promise of "future earnings". Do you think Apple will ever earn the trillions of dollars a year needed to justify their current share price? Everything is a momentum play, and that's it. You stay in the stock while the momentum is upward, and the reason its momentum might be upward is entirely because of human psychology.

    That being said, Tesla is definitely not worth its price, in terms of its earnings. But it is worth its price because of its momentum. Don't worry about its business model, it's already shown that it can survive building a type of car that long-time industry watchers have long dismissed as improbable to build profitably. The auto industry itself has been saying Tesla is a year away from bankruptcy, and it's been wrong every time. That's because it's building a product that ticks off a lot of desirable boxes, that normal cars don't.

  • Anonymous
    2 months ago

    Musk is not gaming the stock market. As president and major shareholder, he cannot trade stock except at very limited times during the year, and in full disclosure.

    So the overinflated price of the shares is just speculation by other people, like those idiots who wanted to short Gamestop shares and met people willing to push the shares value to uncomfortable territory to teach speculators a lesson.

  • Anonymous
    2 months ago

    Elon Musk is a monkey of a CEO. Eventually he will do something stupid and his businesses will fall to the ground.

  • 2 months ago

    Focus on the product, not the stock.

    I used to work practically next door to the Tesla factory in Fremont.  I used to see the trucks rolling out of there with new electric vehicles.  Tesla also innovates on battery technology.  My brother has installed Tesla batteries in his house to supplement his solar panels.  His panels charge the batteries during the day and the batteries power his home. 

    As an entrepreneur, he's allowed to dabble in other things.  You don't have to listen to him you know.

  • Anonymous
    2 months ago

    stock markets are fake like fiat paper, they always had enough money to end poverty, they just dont want to end it

  • Anonymous
    2 months ago

    yeah, when BMW, VW, Volvo, Honda, Toyota, etc start making electric cars in mass, who would want to buy a Tesla? (they will be the next Saturn)

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