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

  • topperharlie@lemmy.world
    link
    fedilink
    arrow-up
    0
    ·
    3 months ago

    so this bad use of oxygen psychopath has the nerve to ask his employees, who always exploits, and have a high chance of losing their job soon, to keep the investment on the swasticar so they have double the risk: their salary and their investment.

    And all for personal gain… why I’m not surprised? and why is he still wasting precious oxygen?

    • LeninOnAPrayer@lemm.ee
      link
      fedilink
      English
      arrow-up
      0
      ·
      edit-2
      3 months ago

      It surprises me that people that get stock rewards in their company don’t instantly sell them. Yes, you pay more in taxes because of capital gains, but you can avoid that by waiting a year to sell if you really want to.

      I work for a tech company that offers ESPPs and gives stocks as bonuses. I sell those instantly and just take the guaranteed profit and turn them into index funds. There is just no way in hell I’m linking my employment AND my stock portfolio to a single company.

      COULD I potentially make more by waiting? Sure, but that is not a risk I ever want to take. I’m not gonna be holding my companies stock and have it tank in value AND lose my job at the same time.

      Invest in stocks or index funds that are unrelated to your field of work. That’s my advice anyway. You should never have all your money sitting in a single companies stock anyway.

  • justOnePersistentKbinPlease@fedia.io
    link
    fedilink
    arrow-up
    0
    ·
    3 months ago

    It’s poor sales *from last year Q1 compared to 2023 Q1.

    We’re not even looking at 2024 Q2-4 or 2025 Q1 yet. Telsa might be completely underwater at this point.

    • Auli@lemmy.ca
      link
      fedilink
      English
      arrow-up
      0
      ·
      3 months ago

      Or just returning to where it should be. The stock should never have been valued that high.

  • cronenthal@discuss.tchncs.de
    link
    fedilink
    arrow-up
    0
    ·
    3 months 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
      link
      fedilink
      arrow-up
      0
      ·
      edit-2
      3 months 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.

      • NotSteve_@lemmy.ca
        link
        fedilink
        arrow-up
        0
        ·
        3 months ago

        Even if it does recover like you say, you’re cool with gifting money to an actual nazi who’s dismantling the US government?

        • 1984@lemmy.today
          link
          fedilink
          arrow-up
          0
          ·
          3 months ago

          I guess this is a good argument. I think elon is a child with mental issues. And obviously he is part of destroying what America stands for in the world.

          I dont own Tesla stock at the moment, but when it starts going up, tons of people will jump on that train just to make money. Maybe you too.

          • stringere@sh.itjust.works
            link
            fedilink
            arrow-up
            0
            ·
            3 months ago

            I dont own Tesla stock at the moment, but when it starts going up, tons of people will jump on that train just to make money. Maybe you too.

            So: “I don’t have a moral compass when it comes to financial invesments and assume you don’t either.”?

  • Kalysta@lemm.ee
    link
    fedilink
    arrow-up
    0
    ·
    3 months ago

    So he can sell his and cash out first?

    Nah. Tesla’s dead. Now we need to kill spacex

    • drzoidberg@lemmy.world
      link
      fedilink
      arrow-up
      0
      ·
      3 months ago

      I mean, if Jim Cramer is telling me to buy something, I’m gonna sell it. If he’s telling me to sell, I’m gonna buy more. Never seen a stock guy wrong as often as him.

  • Xanza@lemm.ee
    link
    fedilink
    English
    arrow-up
    0
    ·
    3 months ago

    He’s hoping everyone else doesn’t liquidate before he can. lol He’s trying to leave everyone else holding the bag.

  • cronenthal@discuss.tchncs.de
    link
    fedilink
    arrow-up
    0
    ·
    3 months ago

    While retail investors are buying up Tesla shares, insiders at the company are selling.

    That’s a quote from an article on the topic. Does that sound in any way ominous to you?

    • just_another_person@lemmy.worldOP
      link
      fedilink
      arrow-up
      0
      ·
      3 months ago

      I’m pretty Lons just got into this because he thought he would be able to syphon government money into his companies. Stop using them, and that stops happening.

      He tried to make the jump from consumer goods, to military industrial complex. Fuck that shit right now.

    • aaron@infosec.pub
      link
      fedilink
      arrow-up
      0
      ·
      edit-2
      3 months ago

      Not as long as they keep buying any dip. Which could continue for a long time.

      • WhatAmLemmy@lemmy.world
        link
        fedilink
        English
        arrow-up
        0
        ·
        3 months ago

        The oligarchs are probably just using retirement funds to transfer the losses from their criminal cronies to the people.

  • barneypiccolo@lemm.ee
    link
    fedilink
    English
    arrow-up
    0
    ·
    3 months ago

    I sold my Tesla stock long ago, before it crashed, because I wouldn’t support M-Rat.

    Now I’m thinking of buying a share, only because I want to be in the inevitable class-action lawsuit that is absolutely coming, blaming Musk for recklessly and predictably tanking the stock price, and the Board of Directors for not taking action and removing him from his job when he went out of his mind.

  • Lit@lemmy.world
    link
    fedilink
    arrow-up
    0
    ·
    3 months ago

    Sell your stock. Make the bank cash out elon stock so that he pay taxes on his loan collaterals

  • TerkErJerbs@lemm.ee
    link
    fedilink
    arrow-up
    0
    ·
    3 months ago

    Saw a yt thing last night that over the past three months Tesla execs have sold over 175k shares too