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Elon and Tesla raking in a lot of chicken feed
Posted on 1/27/23 at 8:04 am
Posted on 1/27/23 at 8:04 am
Almost $12 billion in the last seven days.
LINK
quote:
Elon Musk added another $11.98 billion to his bank account over the last week, as tracked by the Dow Jones Market Data Group.
The most recent filings show Musk holds 423,622,000 shares in Tesla worth $53.87 billion as of close of trading on Jan.19. The total value of those holdings jumped to $67.89 billion based on Thursday’s closing price.
The weekly total doesn’t account for Musk’s other assets and liabilities as CEO of SpaceX and Twitter, founder of The Boring Company, and co-founder of Neuralink and OpenAI. Forbes lists Musk’s overall worth at $168.7 billion.
Tesla is up nearly 25% over the past five days and up 48% since the start of the year. The stock remains the Nasdaq 100's best performer, despite being down approximately 42% lower over the past year.
Shares have also rallied the last month, revving almost 30% into the green. Tesla is currently on its longest winning streak since Sept.12, 2022, when it rose for five straight trading days.
LINK
Posted on 1/27/23 at 8:05 am to Homesick Tiger
I thought his "mishandling" of Twitter was ruining Tesla?!? 

Posted on 1/27/23 at 8:05 am to Homesick Tiger
But but but he's driving twitter into the ground and will lose all his money there!!!!!!!
Posted on 1/27/23 at 8:11 am to GeauxTigerTM
quote:
I thought his "mishandling" of Twitter was ruining Tesla?!?
Just goes to show you that people who don't understand business really don't understand business. They pontificate "we need more electric cars worldwide" and then the guy who is making the most electric cars in the world is going to go into the shitter because he bought twitter?

Posted on 1/27/23 at 8:14 am to Homesick Tiger
Like him or not he's generally a Midas in business.
Maybe not as smart or capable as Hunter Biden, but certainly has a demonstrated record of successes.
Maybe not as smart or capable as Hunter Biden, but certainly has a demonstrated record of successes.
Posted on 1/27/23 at 8:18 am to Homesick Tiger
He has a ton of competition in the EV market.
Just kidding
Just kidding
Posted on 1/27/23 at 8:23 am to GeauxTigerTM
quote:
I thought his "mishandling" of Twitter was ruining Tesla?
25-42=?
Posted on 1/27/23 at 8:24 am to Homesick Tiger
I thought Elon was practically broke because he can't make good decisions.
To give you an idea of what $168.7 billion is, that would be 2,600 G-750 aircraft. He could buy and fly for one day a new G-650 everyday of the week for the next 7+ years and not run out of money. That is assuming the $168.7B is fixed - i.e. doesn't grow at all.
He literally can buy what ever he wants and not run out of money. Hell, if he put it all in T-bills the annual interest alone would be insane.
To give you an idea of what $168.7 billion is, that would be 2,600 G-750 aircraft. He could buy and fly for one day a new G-650 everyday of the week for the next 7+ years and not run out of money. That is assuming the $168.7B is fixed - i.e. doesn't grow at all.
He literally can buy what ever he wants and not run out of money. Hell, if he put it all in T-bills the annual interest alone would be insane.
Posted on 1/27/23 at 8:24 am to Ace Midnight
quote:
Maybe not as smart or capable as Hunter Biden, but


Posted on 1/27/23 at 8:26 am to Homesick Tiger
quote:
They pontificate "we need more electric cars worldwide" and then the guy who is making the most electric cars in the world is going to go into the shitter because he bought twitter?
I don't think people really have an appreciation for how far ahead Tesla is in the EV market and perhaps more importantly in the self driving capability market which will be big in the future
Posted on 1/27/23 at 8:32 am to Homesick Tiger
Impossible…. The libs told us he is discounting cars because he can’t sell them and Tesla is in trouble. Impossible I say.
This post was edited on 1/27/23 at 8:33 am
Posted on 1/27/23 at 8:38 am to Homesick Tiger
It’s worth half today what it was a year ago.
Posted on 1/27/23 at 8:39 am to Homesick Tiger
Paging Cwill,. paging Cwill.....Elon Musk is on Line 1....he is soliciting more financial advice from you basement dwellers so that he can do the opposite of what you advise and become even more wealthy.... 

Posted on 1/27/23 at 9:24 am to Pvt Hudson
quote:
It’s worth half today what it was a year ago.
But it's not his fault. Hell, everything, except big pharma, is down 30-50% of what it was last year. I know my investments are.
Posted on 1/27/23 at 9:34 am to GeauxTigerTM
quote:
I thought his "mishandling" of Twitter was ruining Tesla?!?
I actually know a person that said elon musk ruined Twitter so fast it made the stock price go to zero so it was delisted
Ladies and gentlemen, welcome to the liberal brain
Posted on 1/27/23 at 9:42 am to Homesick Tiger
quote:
But it's not his fault. Hell, everything, except big pharma, is down 30-50% of what it was last year. I know my investments are.
Tesla is down 40% compared with the broader NASDAQ-100 benchmark being down 14%.
Companies like Microsoft and Amazon are down 17% and 26% respectively. Apple is only down -9% which is frankly amazing and a testimony to how good of a CEO Tim Cook is.
So Tesla is objectively doing much worse than a list of comparable companies considering:
a) The tech benchmark is down 14%.
b) Tesla is down 40%.
c) The SP500 index is down 6% if we compare it to 500 top companies.
This post was edited on 1/27/23 at 9:43 am
Posted on 1/27/23 at 9:47 am to ksayetiger
That sounds like some of our resident progstains....cwill, powerbottom, pernod, faggihank et al.
A couple have even shown up to correct
us plebeians .
A couple have even shown up to correct
us plebeians .
Posted on 1/27/23 at 9:48 am to Homesick Tiger
Okay Elon, do this and I'll consider buying one of your EVs.
I want an affordable Sedan that carries two adults and two children with a battery (I'll cut you some slack on this) you can charge in 15 minutes. A battery that does not include cobalt mined using child labor. A battery that powers the vehicle for a minimum of 350 miles (in hilly terrain with A/C and radio on). Plus I don't want the batteries stuck under the car. Stick'em under the back seat. I'll need the truck space for luggage. Mission impossible? Is there anything impossible for Elon Musk and his engineers?
By affordable I mean $ 25 - 30 thousand for a four door sedan, tops!
Fair enough?
I want an affordable Sedan that carries two adults and two children with a battery (I'll cut you some slack on this) you can charge in 15 minutes. A battery that does not include cobalt mined using child labor. A battery that powers the vehicle for a minimum of 350 miles (in hilly terrain with A/C and radio on). Plus I don't want the batteries stuck under the car. Stick'em under the back seat. I'll need the truck space for luggage. Mission impossible? Is there anything impossible for Elon Musk and his engineers?
By affordable I mean $ 25 - 30 thousand for a four door sedan, tops!
Fair enough?
This post was edited on 1/28/23 at 9:55 am
Posted on 1/27/23 at 9:58 am to CAPEX
quote:
Tesla is down 40% compared with the broader NASDAQ-100 benchmark being down 14%.
Companies like Microsoft and Amazon are down 17% and 26% respectively. Apple is only down -9% which is frankly amazing and a testimony to how good of a CEO Tim Cook is.
So Tesla is objectively doing much worse than a list of comparable companies considering:
a) The tech benchmark is down 14%.
b) Tesla is down 40%.
c) The SP500 index is down 6% if we compare it to 500 top companies.
GM and Ford are both down about 40% YOY. Comparing auto manufacturers seems more reasonable than comparing an auto manufacturer to Amazon or Microsoft or Apple.
Posted on 1/27/23 at 10:03 am to Homesick Tiger
My calls TSLA calls are on fire today! 

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