RE: Elon Musk
May 2, 2025 at 8:04 am
(This post was last modified: May 2, 2025 at 8:06 am by Nanny.)
(May 1, 2025 at 8:34 pm)AFTT47 Wrote:(May 1, 2025 at 12:20 pm)BrianSoddingBoru4 Wrote: Denholm’s comments are known in the business world as ‘keeping the shareholders from panicking’.
Boru
They are in a damned if you do, damned if you don't situation. Musk's toxicity is absolutely killing the brand. On the other hand, he is the reason Tesla is valued way, way, way above it's earnings. Investors have been convinced by Elon that he can do miracles. So if they get rid of him, they virtually guarantee the value of the company will plummet. Keep him and Tesla may become the next My Pillow.
I'm glad I never invested money in Tesla because they are in for some hurt no matter what they do.
Sorry to burst a bubble but if you own mutual funds or a 401k you likely own tesla shares, in part.