Elon Musk — a polarizing figure, if there ever was one, in the world of cars — marked the end of what would normally have been a typical work week by tapping into the deepest reaches of his mind.
In compliance with his personal credo of treating us all like one of the family, the Tesla CEO made sure we were all privy to this stream of consciousness by pulling out his phone and opening up Twitter. And in doing so, as has happened before, his company’s stock suffered.
I am selling almost all physical possessions. Will own no house.
— Elon Musk (@elonmusk) May 1, 2020
Seems there’s to be a yard sale in Palo Alto in the coming days, so get ready to pick up some concert posters and folding chairs. Either Musk plans to start renting an apartment and reliving his dorm days, or he’s found a fun new use for one of his company’s oft-discussed tents.
After spending much of the week raging about the coronavirus pandemic and California’s lockdown order — a measure that’s kept Tesla’s Fremont assembly plant offline since the end of March — Musk quickly tapped into the revolutionary fervor percolating through certain elements of a society weary of staying indoors.
Now give people back their FREEDOM
— Elon Musk (@elonmusk) May 1, 2020
Mel Gibson, who this writer still thinks is a bankable star, couldn’t be reached for comment.
After rallying the troops, Musk then honed in on the real problem afflicting the country: his own company’s stock price. Something needs to be done about that menace.
Tesla stock price is too high imo
— Elon Musk (@elonmusk) May 1, 2020
Ask and ye shall receive!
Wasn’t there a group of tweet-blocking lawyers tasked with monitoring Musk for just such an eventuality?
In the span of an hour, Tesla’s share price sank from more than $761 to just over $686, erasing roughly $10 billion in valuation. This, a day after Tesla’s unexpectedly rosy first-quarter earnings report added $13 billion to the company’s market value. Many would agree, of course, that Tesla’s stock is way too high.
Musk then showed his patriotism by tweeting snippets from the Star-Spangled Banner, possibly after ripping off his shirt during the low flypast of a carrier-based USN warplane. Maybe that latter thing didn’t happen; we don’t know.
There’s a lot of things we don’t know when it comes to Elon Musk.
[Image: Tesla]
He’s got some good stuff, that’s a garage sale I would attend… Oh, wait
Elon, you tease
Oh he has some good stuff alright. Looks like he was smoking it again.
Well, yeah, but you know he’s got some state-of-the-art electronics. He also has 6 kids, where do they go?
Bye-bye empire, empire bye-bye…
Now that song is stuck in my head.
With the lockdown apparently he can’t get his meds. Must be focused more on SpaceX right now, they are pretty busy.
I hope he’s focused on SpaceX right now. Launching Americans into space with American equipment from American soil for the first time in 9 years is a Big Deal.
@SCE: “I hope he’s focused on SpaceX right now. ”
Fortunately, the very capable Gwynne Shotwell is running things there. If we could just clone her for Tesla, things would be much better.
We can assume he’s also not a flat earther. OR CAN WE!!!!!???????
Does Twitter replace his need to jump out a window? I wonder…
TSLA has been on a rollercoaster ride in the market for months; this is no different. A screen capture of the 6-month window will show this.
But at TTAC, TSLA drops are always justified, and TSLA rises are hype. It’s overpriced for sure, but it’s still up 60%+ YTD.
TSLA rose 8.5% today, but that’s not news.
Right-wingers heads must be spinning like Linda Blair in The Exorcist right now
“Oh I hate that Elon Musk and his eco-weenie electric cars, but damn he’s promoting Freedom & Liberation!”
Might be a lesson that not everything is so red / blue… but I doubt it.
The only heads which are spinning right now are those which live and die by identity politics.
To anyone who thinks that Elon Musk (or Michael Moore, or Donald Trump) is a one-dimensional superhero or supervillian, life is a confusing ball of cognitive dissonance. And to the rest of us, nothing could be funnier.
Left-wingers, too – for the opposite arguments.
Claire Boucher delivering Grimezsz Jr. on Monday, right?
Didn’t know that, but wow. That guy is crazy and busy. And crazy.
Curioser and Curioser…..
Damned spellcheck .
-Nate
Launching satellites has an ROI but moon & Mars? Without governmental $$$ probably weak sauce. Mars is probably a super race pyramid scheme in stoner Elon’s mind.
Elon Musk says TSLA stock is overvalued… TSLA stock drops.
Mary Barra and Dhivya Suryadevara say GM stock is undervalued… GM stock drops.
Tesla stock price is still way too high IMO. It’s not worth more than $4.20, tops.
Has Tesla ever made money, or is it an offset for something else in the Musk Empire ?
Tesla was profitable for all of 2019, and Q1-2020. And 1 or 2 quarter some other time in the past.
Other than the virus, they seem to have turned the corner.
Tesla strongest automaker in the world right now. Your girl might be mad ‘cause she think you be drunk texting instead of holding on to her. Give her a kiss and we’ll see you Monday bud.