I’m sure it’s the rocket implosion and the failing EV sales. He’ll start pulling more moola from Tesla to fund that stuff
IMHO Tesla's sky high valuation in the past was largely fad following of many young e-traders investing in what they think is cool. That fad is fading like disco and beanie babies and the stock price now might be based more on fundamentals.
To be fair, in years past I thought Musk would never get Tesla to actually manufacturing cars on a mass scale and Tesla investors were investing in hopism. I was wrong. Musk has Tesla both making cars and doing well in the carbon credits scam. I wouldn't be surprised to see the Tesla stock prices stabilize here then begin a bull run, even if the stock price never gets back to fad level.
“I’m sure it’s the rocket implosion and the failing EV sales. He’ll start pulling more moola from Tesla to fund that stuff”
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Sorry, it’s neither of those.
What Musk has done with Twitter is unforgivable to the Liberal Globalistas, exposing their agenda. The long knives are out for him at every turn.
“ I’m sure it’s the rocket implosion and the failing EV sales. He’ll start pulling more moola from Tesla to fund that stuff”
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You know that this morning’s launch was a TEST. The end result of that test launch was going to be total destruction of all rocket stages whether fully successful or not. There was no plans to recover/reuse any components of this initial launch. There are further tests planned with other copies of the rocket that have already been manufactured. I;m sure as a result of this first test launch there will be some modifications of physical components, software and procedure. It’s a learning experience. Just sayin’.