As top shareholders dump their Tesla stock, Musk is now begging the rank and file to hold onto their equity.

Keep it going. Canada, you’re doing great.

  • cronenthal@discuss.tchncs.de
    0 found this helpful·
    1 year ago

    Just a quick summary:

    • insiders are selling huge amounts of stock
    • sales figures in the last two months were horrible
    • constant recalls of cybertrucks which are also basically not selling
    • protests and vandalism
    • brand is universally hated
    • record trade-ins and sales of second hand vehicles
    • no new models or products in the pipeline
    • laughable vaporware announcements
    • begging employees not to sell
    • begging Trump for a sales show
    • questionable accounting practices exposed in financial times

    How anyone can still hold on to Tesla stock is beyond me.

    • 1984@lemmy.today
      0 found this helpful·
      1 year ago

      Life experience.

      We have seen the crowd turn against someone, hating someone, many times. It always blows over. Thats why we dont talk about what happened a year ago anymore.

      Buying the stock now will pay off very much in a year from now, unless Tesla goes bankrupt, which I doubt. Musk has powerful friends.

      I fact, I think it hit bottom a few days ago, at 232 dollars. It has recovered to 250 in the last few days.