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Joined 2 years ago
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Cake day: June 25th, 2023

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  • He should be totally overjoyed, not bitter.

    The current stock price, despite YTD of -36%, is still way over any kind of realistic valuation. And by that I mean orders of magnitude off.

    Price to earnings makes it still look like a very, very, very hopeful/optimistic startup in the development phase, rather than a withering, fake luxury, niche automaker facing boycotts and being “run” by a full-blown Nazi that everyone hates.

    If you still own Tesla shares, get the fuck out of it now. The recent collapse is nothing.




  • The man is a thief, but there’s nothing to steal here. He’s lowering his totally bogus $ amount that he supposedly saved the government based on contract and lease cancellations.

    Every single contract (~10) that I know very specific details about that was DOGE-cancelled has a problematic “savings” amount on the doge.gov website. Every one is wrong. That’s just the 10 I know about where I have privileged information. There’s currently more than 8000 listed. I suspect most of those have similar issues with the reported “savings” amount.

    This is straight accounting that they are botching.

    Nevermind that the $ savings is bogus even if the accounting was accurate. Because these cancellations are costing the US taxpayer big-time in the long run.