2d ago

‘I don’t care, I want out’: Tesla fans dumping stock in 'irreparably damaged' company

www.rawstory.com ‘I don’t care, I want out’: Tesla fans dumping stock in 'irreparably damaged' company

Seeing the writing on the wall, some of Elon Musk and Tesla's biggest boosters are dumping their stock position in the company in large part over his actions since he assumed a major role in Donald Trump's administration.According to a report from the Wall Street Journal, Tesla's precipitous stock d...

26 comments

I just ditched my Model S. My friends just ditched their Model Y and 3.
Two people I work with were planning to get a Tesla and have since gone with another brand.
I fully believe Musk will lie about sales and prop up TSLA however necessary, but the fact is it is dying fast.
- What'd you end up doing with it? I feel bad for people stuck with them.
  
  I originally wanted a Lucid Air, but the majority ownership by the Saudi PIF kind of weirded me out. I considered Rivian, but after driving both the R1T and the R1S there was just something about them that didn't feel comfortable to me due to their overall size and the visibility over the hood.
  I ended up going with a Cadillac Lyriq. I will say on the range, acceleration, and ease of use side - I miss the Tesla. But in terms of road noise, general interior comfort, and overall ride quality I would say I like it better. It's very roughly the size of my Model S in length and width and the hood visibility is better than Rivian, so I like it. The price was just about right complete with lease incentives. Super Cruise is great on freeways so far, but I'll miss having similar capabilities on non-highway roads - but, I'll live without it.
  Charging at home is basically the same. Charging while out is nearly the same as I also got the NACS adapter.
- And the cats out of the bag. Even those who don't pay much attention are going to have a hard time ignoring the lies that roll out of his mouth.

Hold TSLA forever! Buy the dip using all your leftover cash and assets!
*I am not a financial advisor, but this is financial advice for Elon Musk, no guarantees.
- The only dip I’m buying is guacamole but thanks for the tip fancy a dorito
  
  I have a diverse portfolio of salsa and queso, plus some french onion dip which is quite nice with ruffled potato chips.

Are they though
- 1D
  every fucking time.
  
  Not sure what you’re saying here? As I said elsewhere, I absolutely get that this is one day but it’s also the same day they announced a massive line-wide recall. It’s discouraging to see the number go UP on a day like today.
- Any downturn is likely to have single day gains. Best to look at the big picture rather than cherry pick a single positive day:
  
  Thanks for the perspective! Can you add a graph for 1-year and 5-years? That would fill out the picture.
  
  Logically I know you’re right but emotionally, I fucking hate seeing any sort of positive gain for that dipshit
- Tesla has had a couple of free promotions. There was a bump after the whitehouse turned into a car lot. Those slipped back a day or two later. Now we have a new Trump related promotion, which will swing it up for a day or two, but it will fall back down.
  The company is failing in sales. No one wants a car that is going to get thrashed and spray painted. There was a massive recall of almost all Cyberfucks. No one is going to buy and hold Tesla stocks now. It's toxic.
- It is wishful thinking by them. It is dumb to put so much hype into stock crashing when the oligarchy controls the markets. They want collapse & then revolution.

26 comments