People with critical thinking skills may have noticed that the stuff that Elon uses to inflate the value of his companies is always something that doesn't exist, and that his companies do not have any actual ability to deliver. And when the market begins to smell bullshit, he switches to a new con.
My mom thinks Musk has invented a totally new type of almost free energy that is being suppressed. That whole Tony Stark fantasy really stuck.
Hopefully your mom isn't a big market player and hasn't put the housekeeping money into this particular casino. 😁
Heh. I hope not too.
Isn't this the guy who made a big production of how you'd be able to swap out the batteries in his car in a matter of minutes? When are he and Trump going to go to Fort Knox to look at the gold reserves?
We know what he is.
Pretty simple machine really.
People wanted a reliable elec car. He couldn’t deliver.
Exactly. I'm still waiting for usable FSD on my 2018 Model X.
And because investors buy his bullshit, Tesla stock is overvalued by a factor of 5. When the reckoning comes, a whole lot of people are going to lose a shit ton of money...including Elon
Saying TSLA is 5x overvalued is very generous. Their p/e is roughly 200; GM’s is less than 10.
Musk has been the supreme master of this cycle and his disciples keep lapping it up. If his lips are moving he's lying
And BYD will produce its Optimus killing ‘Megatron’ robot.
It was only a few months ago that Robotaxis were going to be an unlimited money printing machine www.marketwatch.com/story/tesla-...
The half-life of his bullshit is decreasing with each iteration. That suggests that a reckoning is approaching.
My brother just bought a Tesla. I warned him he should wait until next year because I didn’t see the company making it that long. He tried to tell me that was just propaganda 🙄
If he has a second skill, it's finding new bag holders. It'll fail eventually, but I've given up attempting to forecast when.
No the reckoning is long overdue but he keeps being able to continue because of journalism failures. Particularly “CEO says” journalism that treats his every statement as real news.
See, e.g., The Boring Company.
What do you mean? The hyper loop has completely reshaped Las Vegas!
Tesla FSD - a fraud. His robots? - *snicker* A Tesla investor and his money are soon parted.
Literally the plan of evil Mark Beaks from Ducktales : make people believe his company is onto something revolutionary to increase the value of said company, then hire someone to steal the project. The actual project never existed in the 1st place, but it worked : he made millions out of nothing.
I was wondering where all those tunnels were that the Boring company had dug
I will maintain, Clyde's only actual skill is to say wildly optimistic things in a way that can sound plausible to people who don't know about the topic. But since that's his only move, it's getting a bit worn out.
(me listening intently to all the china hands explaining how the Chinese robotic industry is positioning itself to annihilate its competitors in the same way Chinese solar annihilated its Western competition)
Again, and yet again: armoxon.substack.com/p/the-worlds...
Robo tulip bulbs. Buy! Buy! Buy!