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re: Do you think Musk regrets getting into politics? Sales and stocks are falling fast

Posted on 3/15/25 at 5:22 pm to
Posted by LSUROXS
Texas
Member since Sep 2006
8503 posts
Posted on 3/15/25 at 5:22 pm to
I think Musk was naive!!
Posted by AUFANATL
Member since Dec 2007
5056 posts
Posted on 3/15/25 at 5:27 pm to

He's personifying the term "F-U Money".

I guess one way to look at it is that when you are a multi-billionaire, you have 99x more money than any human being could ever rationally spend in a lifetime so you might as well do what floats your boat.

However, another view might be that at that wealth level you are the caretaker of the financial interests of a lot of employees and stockholders so maybe put your seatbelt on and slow down. But I have a feeling a lot of his employees and investors share the same adventurous outlook as him.

At least he's gambling with wealth he created unlike his adversarial bureaucracy that siphons it out of our paychecks or prints it on our debt ledger.
Posted by Gifman
Member since Jan 2021
17302 posts
Posted on 3/15/25 at 5:36 pm to
quote:

He literally bought the president. But sure.


This is how I know you’re a clown. You just regurgitate slogans when you get worked up. I bet you wake up pissed every day.
This post was edited on 3/15/25 at 5:36 pm
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
135489 posts
Posted on 3/15/25 at 5:37 pm to
quote:

Do you think Musk regrets getting into politics? Sales and stocks are falling fast
Musk is worth $360 billion. He's the richest man on the planet.

But your right, if Tesla returned to market highs, Musk's net worth would rise to half a trillion dollars.

Do you think Musk, the richest man on Earth, regrets getting into politics?
Posted by imjustafatkid
Alabama
Member since Dec 2011
62593 posts
Posted on 3/15/25 at 5:44 pm to
quote:

Absolutely not. All this was too fuel his ego and insatiable need for attention. He couldn’t be happier.


It's always fun when the board idiots chime in with a hot take.
Posted by theunknownknight
Baton Rouge
Member since Sep 2005
60133 posts
Posted on 3/15/25 at 5:47 pm to
quote:

stocks are falling fast


Not as fast as your socks in front of a gay man
Posted by LSUtoBOOT
Member since Aug 2012
19121 posts
Posted on 3/15/25 at 5:50 pm to
quote:

The threats to his life (and his family’s lives) are constant. He knows that, and he persists.

This country was founded by men doing exactly what he’s doing.
Posted by minister of truth
Somewhere new for 6-12 months
Member since May 2022
1873 posts
Posted on 3/15/25 at 6:35 pm to
The arrogance of some of these idiots in full display!

I’m sure they are richer, smarter and more politically astute than Musk
Posted by theRealJesseD
Member since Nov 2021
4514 posts
Posted on 3/15/25 at 6:36 pm to
quote:

All this was too fuel his ego and insatiable need for attention


so any politician or celebrity?
Posted by RohanGonzales
Member since Apr 2024
8124 posts
Posted on 3/15/25 at 6:39 pm to
quote:

4cubbies


What a petulant, worthless bitch you are
Posted by Boomdaddy65201
BoCoMo
Member since Mar 2020
4106 posts
Posted on 3/15/25 at 6:45 pm to
When Space X returns with the 2 astronauts “transitorily” separated from Earth on an international space station, I hope Elon is straddling atop Mechazilla without any pants.
This post was edited on 3/15/25 at 6:47 pm
Posted by Centinel
Idaho
Member since Sep 2016
44199 posts
Posted on 3/15/25 at 6:47 pm to
quote:

4cubbies


You fricked a homeless bum you stupid whore.

Posted by ReauxlTide222
St. Petersburg
Member since Nov 2010
88724 posts
Posted on 3/15/25 at 6:48 pm to
quote:

Absolutely not. All this was too fuel his ego and insatiable need for attention. He couldn’t be happier.
Really disappointed in that reply.

No need to assume the absolute worst and project it on the guy when you really do not know. So negative.

You’re better than that.
Posted by minister of truth
Somewhere new for 6-12 months
Member since May 2022
1873 posts
Posted on 3/15/25 at 7:07 pm to
4cubbies is obviously jealous and a hypocrite.

Joins in discussion deriding Musk for losing money by sticking to his convictions but earlier states that there’s more to life than material wealth. No shite dumbass- that’s exactly what he’s demonstrating
Posted by Rip Torn
Member since Mar 2020
5740 posts
Posted on 3/15/25 at 7:44 pm to
If customers leave Tesla because he is trying to help save the US economy from collapsing then he probably doesn’t care and neither would I
Posted by Diego Ricardo
Alabama
Member since Dec 2020
11368 posts
Posted on 3/15/25 at 7:56 pm to
quote:

Sales in Europe and china down 50% and tesla stock down 50% since December

I like what he’s doing since DOGE was created, but is it really worth pushing your customers away?


I believe Tesla had their first year where they sold fewer vehicles than the prior year in FY24. The political turn may have something to do with it but the fundamentals around the EV market and autos in general have shifted. Interest rates over the last few years have been much higher than for much of Tesla's rise in the second half of the 2010s. Furthermore, competition has increased significantly amongst EVs. The general consumer brands all have offerings. The luxury brands all have offerings.

Finally, the elephant in the room is China is the real growth horizon for all businesses in the West and China has heavily invested in building a domestic EV industry. Frankly, I've watched a lot of YouTube reviews of these Chinese EVs and they're impressive in the virtual test drive at least. He can't compete in China, Western markets are in something bordering on stagflation, and, yes, he has alienated the most likely EV buyer in the United States while flatly becoming persona non grata amongst our trade partners.
Posted by Arbengal
Louisiana
Member since Sep 2008
3437 posts
Posted on 3/15/25 at 8:01 pm to
Great men command attention, as do great women. Simple as that
Posted by oldskule
Down South
Member since Mar 2016
23196 posts
Posted on 3/15/25 at 8:16 pm to
He absolutely loves what he is doing.....and there are consequences, and he knew that going in.

Elon is a national treasure!
Posted by This GUN for HIRE
Member since May 2022
5536 posts
Posted on 3/15/25 at 8:21 pm to
quote:

He literally bought the president. But sure


See, things like this is why I worry about your children.

What issues did you have with Elon before he became a Trump supporter?
Posted by Upperdecker
St. George, LA
Member since Nov 2014
32716 posts
Posted on 3/15/25 at 8:24 pm to
quote:

His stake in SpaceX (he owns 40%) is worth $100b alone, and SpaceX is not impacted by public consumers.

A decent % of SpaceX is Starlink, which has a heavy public consumer base. There’s a risk there, but most people using Starlink also don’t have any other real options
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