Musk Gains On His Stock

I just read Musk makes 400 million dollars for a one dollar/share gain in his stock.
Tesla Price on 12/31/24 = $419.90 Price now 03/21 = $234.99 a loss of $184.91/share

He's still an asshole.

The March 2025 earnings report isn’t out yet.

Stock market actually went up this week.

dmpi said:

Stock market actually went up this week.

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That's called a retracement. It doesn't necessarily point to a reversal in trend.

Slartibartfast said:

The March 2025 earnings report isn’t out yet.

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Yeah, we're still a month away from their next quarterly earnings report.

I suspect it's not going to be very good but they'll spin it as an inventory issue related to the Model Y refresh. One issue I'm very, very concerned about is Musk's newfound control over the SEC. Up until now, when it came to properly representing a company's earnings and financial health in a 10K or 10Q filing, the SEC was basically God, with absolute control to demand compliance with proper accounting rules. Now with Musk effectively in charge, I wonder whether we'll start to see businesses cut corners with their filings (like in China) causing companies like Tesla basically lie about their financial health. Without the SEC to stop them, I'm not sure whom else would?

And what makes this very, very scary is the precedent it sets. If investors start to sense that securities on NYSE, NASDAQ etc. are playing fast and loose with their reported financials, we'll see capital flow out of this country like we've never seen before.

If I woke up as him tomorrow, I would be horrified.

phoenix2020 said:

One issue I'm very, very concerned about is Musk's newfound control over the SEC.

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Please provide a credible reference that supports the premise. Thanks.

dmpi said:

Stock market actually went up this week.

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Yes time to buy. Put your entire life savings into it now!

RetiredAtLast said:

Please provide a credible reference that supports the premise. Thanks.

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No. As you are MAGA, you should stick to the talking points given to you by the media. Remember, your role is not to read and understand, but to recite and repeat what MAGA put in front of you.

phoenix2020 said:

No. As you are MAGA, you should stick to the talking points given to you by the media. Remember, your role is not to read and understand, but to recite and repeat what MAGA put in front of you.

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Yours is to lie. But you don't stand out in a crowd of TDS victims

RetiredAtLast said:

Yours is to lie. But you don't stand out in a crowd of TDS victims

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Cool bit with the TDS thing.

Now could you talk about people living rent free in liberal minds?

Ideally if you could cap it off with something about Brandon or the deep state, that would be ideal. Retro MAGA always has a little bit of charm.

phoenix2020 said:

No.

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Why don't you just admit you made it up. Why else would you not provide evidence.

phoenix2020 said:

Cool bit with the TDS thing.

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Thanks. I just thought there might be one or two people who don't know not to take your lies seriously.

No need to thank me. Consider it a Public Service Announcement.

aociswundumho said:

Why don't you just admit you made it up. Why else would you not provide evidence.

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Why don’t you focus on the Haitians who are eating the cats? Donald told you what’s happening and so far I don’t see you doing anything about it. Instead of complaining about AOC, why don’t you walk for walk and deal with the cat-eaters for Donald?

phoenix2020 said:

Why don’t you focus on the Haitians who are eating the cats? Donald told you what’s happening and so far I don’t see you doing anything about it. Instead of complaining about AOC, why don’t you walk for walk and deal with the cat-eaters for Donald?

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I didn't vote for Trump nor do I like him, I think he's an idiot.

aociswundumho said:

I didn't vote for Trump nor do I like him, I think he's an idiot.

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It’s unfortunate that you dedicated most of your time here shilling for him and demonizing those who stoop up to him, all while telling the world how you actually believed that calling a Congress Member “wundumho” was somehow cool and edgy. But, here we are, with Donald in charge, no further SEC investigations of Musk companies, and you get to enjoy the consequences of what you worked so hard to see realized.