Comment by littlestymaar

Comment by littlestymaar 3 days ago

6 replies

I have no issue understanding why Musk does that, he's gone from “weirdo with lost of enthusiasm and charisma” to “batshit crazy, so full of himself there's basically no negative feedback loop anymore”.

What I don't understand is why are the Tesla shareholders accepting his bullshit?

Qwertious 3 days ago

Tesla shareholders who fully believe Musk is crazy will either 1) be quietly selling their stocks and don't want to draw attention, or 2) factored in the crazy and bought in anyway. If the craziness started today then that would be a good question, but it's been years.

  • littlestymaar 3 days ago

    I mean of course Musk has been crazy for years, but there's 1. “calling the leader of a rescue mission a pedo”-cazy and 2. “Tesla exits the personal car market”-crazy and as much as I can understand that investors could get away with 1., it's unbelievable to me that they accept 2.

TheCoelacanth 3 days ago

Because without Musk's reality distortion field, Tesla stock would lose most of its value.

scottyah 3 days ago

Do you actually care why or is this just a rhetorical question so get hn karma?

  • littlestymaar 3 days ago

    Lol, there's way too many Musk fanboys on this platform. Attempting to “get karma” (what for, actually?) by criticizing Musk is a guaranteed failure (as illustrated by the fact that this comment has been heavily downvoted).

cosmicgadget 3 days ago

Cults of personality are all the rage these days. And in this case, people are probably just ratcheting up their stop loss prices and hoping the market is suckered by his next grand scheme.