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Originally Posted by threezero
Not sure what Elon's plan is. This is not the first time he has publicly tweeted about the stock being too high.
Elon has an extensive history of indirect stock manipulation. This guy is a the teflon don when it comes to SEC investigation.
Oh look and TSLA is back at what it was before the tweet.
As an investor Elon's behaviour is very concerning, he has scare away many institutional investor but non of this antic seems to concern retail investor.
As a trader. all these overprice highly manipulated stock are stuff for wet dreams.
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As a shareholder, I am actually long TSLA because of Elon Musk. If Elon somehow gets kicked out of the company, I'd sell all the TSLA position without blinking
EM to TSLA, or EV in general isn't too far off to comparing how Steve Jobs of AAPL is to the smartphone industry. The difference is that SJ left in a time where smartphone already matured into the industry mainstream.
EV still has a long way to go before becoming mainstream in the car industry.
As for his behaviour.... I consider any downs due to his "behaviour" as cost of doing business. Hahaha... Think it this way... how else can you get 34M followers as a car company CEO and spend nearly 0 on ads but every of your company's move is in world's spotlight?
You can't get that by being a normal executive...
How many of you here can name the CEO of Ford, GM, Benz, BMW... etc without googling? Let alone knows what goes in their decision making.
TSLA is at 800+ today because they have an EM... without it, they'd be worth less than Ford or GM because those STABLE and RESPONSIBLE CEOs cannot innovate and generate value beyond what the company already does. They make great bean counters, but a true visionary will never be stable because they are never satisfied with the status quo. Often, when they first introduced their ideas into the world, they are called crazy or lunatic... like so many names in history... Galileo, Copernicus to name a few. Those responsible others?