$TSLA -4% lower today vs NDX +1% with 176M volume almost 2x normal. Much speculation Elon selling TSLA shares again before 4Q trading window closes Fri until end of Jan. Hard to fathom Elon would sell $TSLA at near all-time low 28.8x forward P/E (record low 28.6x 1/25/2019). pic.twitter.com/5WGrExXQjS
The chorus of Tesla Inc. TSLA -4.09%decrease; red down pointing triangle individual investors expressing misgivings that Chief Executive Elon Musk‘s involvement with Twitter Inc. may be to the detriment of the electric-vehicle maker is getting louder, with the car company’s stock on track for its worst full-year performance.
“There is no TSLA CEO today,” Gary Black, managing partner of the Future Fund LLC, which owns roughly $50 million worth of Tesla, tweeted Monday.
Mr. Black voiced frustration after another sharp selloff in Tesla’s stock Monday. Shares in the world’s largest car company by market value fell more than 6% in Monday trading after a tumultuous weekend for Mr. Musk on Twitter, including the billionaire taking aim at the company’s former head of trust and safety; calling for the prosecution of top U.S. government medical adviser Anthony Fauci; and criticizing people who offer their pronouns without being asked.
Mr. Black said, “The market voted today that the $TSLA brand has been negatively impacted by the Twitter drama. Where before EV buyers were proud to drive their Teslas to their friends or show off Teslas in their driveways, now the Twitter controversy is hurting Tesla’s brand equity.”
A positive sign that @elonmusk selling SpaceX shares rather than more $TSLA at $168. That said, Elon not doing the math if he believes $TSLA massive decline since he bought TWTR (TSLA -26.5% vs NDX +1.4% since 10/28) is due to Fed int rate hikes and Chinese real estate market. pic.twitter.com/m90ZJQFGLA
My pronouns are he/him, I believe in science, and I support Dr. Fauci. @elonmusk’s continued bad actions kept me from buying a @Tesla and now I am ecstatic to have a @UAW-made @chevrolet Bolt EUV in my driveway! pic.twitter.com/8Jj3kLjaEB
One of your articles linked to this one: https://electrek.co/2022/12/09/tesla-tsla-2022-best-year-ever-but-not-investors-stock/
“We first reported on KoGuan last year when he became the third largest individual shareholder in Tesla behind Elon Musk and Larry Ellison. In September, we were able to confirm that he put more money into Tesla (TSLA) than Elon Musk himself.”
(Leo KoGuan is really pissed at the Tesla board of directors.)
“TSLAQ (pronounced “Tesla Q”) is a loose, international collective of largely anonymous short-sellers, skeptics, and researchers who openly criticize Tesla, Inc. and its CEO, Elon Musk. The group primarily organizes on Twitter, often using the $TSLAQ cashtag, and Reddit to coordinate efforts and share news, opinions, and analysis about the company and its stock.”
I wouldn’t generally trust any group that includes a bunch of short sellers. Independent of what’s really happening, short-sellers are too motivated to trash a company to be considered a reliable source. I see them as the flip side of Tesla/Musk fanboys.
Seems the new Semi truck release could be a big boost for Tesla .
The “release” presentation – impressive for the truck if it can deliver what they claim.. Musk, on the other hand, looked like he was unraveling.
Two recent takes from Electrek:
Tesla is becoming a partisan brand, says survey
https://electrek.co/2022/12/12/tesla-becoming-partisan-brand-survey/
Elon Musk: ‘I will make sure Tesla (TSLA) shareholders benefit from Twitter long-term’ – but how?
https://electrek.co/2022/12/13/elon-musk-tesla-tsla-shareholders-benefit-from-twitter-long-term-how/
One of your articles linked to this one:
https://electrek.co/2022/12/09/tesla-tsla-2022-best-year-ever-but-not-investors-stock/
“We first reported on KoGuan last year when he became the third largest individual shareholder in Tesla behind Elon Musk and Larry Ellison. In September, we were able to confirm that he put more money into Tesla (TSLA) than Elon Musk himself.”
(Leo KoGuan is really pissed at the Tesla board of directors.)
I have been thinking its time to kick Musk out of Tesla. The same path as Steve Jobs getting kicked out of Apple.
I had to look up $TSLAQ.
“TSLAQ (pronounced “Tesla Q”) is a loose, international collective of largely anonymous short-sellers, skeptics, and researchers who openly criticize Tesla, Inc. and its CEO, Elon Musk. The group primarily organizes on Twitter, often using the $TSLAQ cashtag, and Reddit to coordinate efforts and share news, opinions, and analysis about the company and its stock.”
I wouldn’t generally trust any group that includes a bunch of short sellers. Independent of what’s really happening, short-sellers are too motivated to trash a company to be considered a reliable source. I see them as the flip side of Tesla/Musk fanboys.
Seems the new Semi truck release could be a big boost for Tesla .
The “release” presentation – impressive for the truck if it can deliver what they claim.. Musk, on the other hand, looked like he was unraveling.