General Discussion

JohnSJ

(98,373 posts) Wed Apr 2, 2025, 01:06 PM Apr 2

Per Bloomberg TV: Musk will depart from DOGE when his work is complete, per press secretary Leavitt.

TESLA stock is up today, and I suspect some of that due to the belief by some that once he is out of DOGE "everything will be fine", however, I suspect the Cathy Woods and other Wall Street analysts are underestimating the anger he has invoked against his base buyers, the environmentally conscious, along with the competition now becoming available in the market, will not produce the recovery they anticipate.

14 replies

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Per Bloomberg TV: Musk will depart from DOGE when his work is complete, per press secretary Leavitt. (Original Post) JohnSJ Apr 2 OP

It's Still Down 26.2% YTD ProfessorGAC Apr 2 #1

Yes it is. It has a PE of 125. JohnSJ Apr 2 #3

It Was Way Higher For A While ProfessorGAC Apr 2 #6

His work will be complete once the Federal government is destroyed and sold off for parts. subterranean Apr 2 #2

Yup. The damage he has done will remain for a long time. JohnSJ Apr 2 #4

"when his work is complete" Dave Bowman Apr 2 #5

this is simply covering up for Babbling Donnie stopdiggin Apr 2 #7

This message was self-deleted by its author Miami Blue Apr 2 #8

Was she looking at her watch as she spoke? Ping Tung Apr 2 #9

Ignore, bullshit, nothing to see here. Musk ain't going anywhere. 617Blue Apr 2 #10

So...smoking ruins, then? Wingus Dingus Apr 2 #11

Keep destroying Tesla, folks. roamer65 Apr 2 #12

I thought Trump gave him a deadline - July 20260 Iris Apr 2 #13

Bank robbers depart once the vault is emptied out n/t Blaukraut Apr 2 #14

ProfessorGAC

(72,267 posts)

1. It's Still Down 26.2% YTD

Reply to JohnSJ (Original post)

Wed Apr 2, 2025, 01:11 PM

Apr 2

It's still way overvalued, but the rise the last 5 days isn't close to recovering the lost value.
And, the analysts view has been distorted based upon an ephemeral potential of things that will no longer world-changing nor without direct competition.
So, it's paper wealth. But, any substantial shareholder can't realize gains without risking tanking the whole thing.

JohnSJ

(98,373 posts)

3. Yes it is. It has a PE of 125.

Reply to ProfessorGAC (Reply #1)

Wed Apr 2, 2025, 01:14 PM

Apr 2

ProfessorGAC

(72,267 posts)

6. It Was Way Higher For A While

Reply to JohnSJ (Reply #3)

Wed Apr 2, 2025, 01:18 PM

Apr 2

Over 150!
Buying that stock is a silly investment beyond some gambling plunge on a few shares.

subterranean

(3,597 posts)

2. His work will be complete once the Federal government is destroyed and sold off for parts.

Reply to JohnSJ (Original post)

Wed Apr 2, 2025, 01:12 PM

Apr 2

Except for the parts that dole out contracts to his companies, of course.

JohnSJ

(98,373 posts)

4. Yup. The damage he has done will remain for a long time.

Reply to subterranean (Reply #2)

Wed Apr 2, 2025, 01:15 PM

Apr 2

Dave Bowman

(4,964 posts)

5. "when his work is complete"

Reply to JohnSJ (Original post)

Wed Apr 2, 2025, 01:15 PM

Apr 2

Work? This is not work, it's pure vandalism and destruction.

stopdiggin

(13,572 posts)

7. this is simply covering up for Babbling Donnie

Reply to JohnSJ (Original post)

Wed Apr 2, 2025, 01:20 PM

Apr 2

he who is charge of nothing - but still talks a lot of sh*t.
(Donnie blithered out something the other day about Musk 'moving on' - and his handlers immediately sprang out of their chairs (and away from their lines of coke) saying, "Wait!, .. What .. ?" )