US Politics

[Stirlingsays]

I'm not really sure what this has to do with my post on Tesla's flailing share price, but sure...

Musk is unpopular outside of the US, it's not really specific to left-wingers - your average middle-England conservative is not generally a fan either.

You have a lot more admiration for Musk's 'achievements' than I do, but I certainly don't recall him ever being 'treated like a king' until he became Trump's little side kick.

Hollywood....which is essentially a 'progressive fiefdom'....used Musk as inspiration for the initial 'Iron Man' movies. He played himself as an extra in the 2nd film.
To quote Grok, 'individuals involved in the Iron Man films have confirmed that Elon Musk was a significant inspiration for the portrayal of Tony Stark, particularly Robert Downey Jr.’s interpretation of the character'.

 

[Wisbech Eagle]

Tesla, don't do DEI nor care about some of the ruinous ideologies that other companies have followed for the last decade. It's enabled them to hover up some of the smartest young minds in America. This dip in their fortunes if built almost entirely upon emotional politic feeling. The products to come will ensure that the sensible will be making a lot of money long term.

Musk is obviously not popular with most of the left wing around the world....though I think the left wing are responsible for most human decline in the west....which is why China is such an economic beast rivaling it (again, doesn't follow stupid self harming social policies).

Despite this Musk has achieved, in practical terms, probably more in his lifetime to help the human race than the combined efforts of all his critics....certainly most of them. When he was on the left they were treating him like a king.

But they encouraged his son to go trans and.....Well, that one thing might be the butterfly effect that ends their hegemony.

How do you know this, and who are “they”?

No one “goes” tran! You either are or you aren’t. All that’s happened in recent years is that those that are have been given the advice and support they need to make informed decisions rather than fight themselves on their own. A nephew of mine committed suicide because of his unhappiness caused by what, with hindsight, was very likely this issue. A grandson was given advice and support and is now happily living as a tran, loved by their family and studying for a PhD after which they will doubtless make a good contribution to the world.

Musk has certainly let this get under his skin and upend his political philosophy. Which is a major character flaw.

 

[Wisbech Eagle]

It may not be so much a political decision as a financial one.

Not when they will be selling the Tesla. I haven’t checked but I bet the second hand value of a Tesla has markedly decreased in recent months.

 

[Penge Eagle]

Not if the path being followed leads to recession, harm at home and chaos elsewhere.

You don’t need 4 minutes to judge Trump. He has form, is unrepentant and quite possibly unhinged.

Nobody knows where the path will lead – apart from you, apparently! Perhaps it's wise to wait and see instead of beaking off?

 

[CPFCSaturn]

Hollywood....which is essentially a 'progressive fiefdom'....used Musk as inspiration for the initial 'Iron Man' movies. He played himself as an extra in the 2nd film.
To quote Grok, 'individuals involved in the Iron Man films have confirmed that Elon Musk was a significant inspiration for the portrayal of Tony Stark, particularly Robert Downey Jr.’s interpretation of the character'.

Never heard that before - interesting!

 

[Teddy Eagle]

Not when they will be selling the Tesla. I haven’t checked but I bet the second hand value of a Tesla has markedly decreased in recent months.

Google gives the following reasons.

• Tesla's Price Cuts:
  Tesla's frequent price reductions on new models have directly impacted the resale value of used Teslas. When new cars become more affordable, used car prices tend to drop as well.
  
  
• Increased Competition:
  The EV market has become more competitive, with a wider range of electric vehicles from both established and new manufacturers. This increased supply of EVs has also put downward pressure on prices.
  
  
• Elon Musk Backlash:
  Some Tesla owners have reportedly been selling their cars due to a backlash against Elon Musk's leadership and business decisions, further contributing to the increased supply of used Teslas on the market.
  
  
• Inventory Levels:
  The supply of used Teslas has been increasing, particularly in the UK, as more dealerships add them to their inventory. This influx of inventory has also contributed to the price declines.

 

[eaglesdare]

I don't think Musk cares anyway. He has done his Job. He has course corrected history for the better and is so close to defeating the woke mind virus.

He only really cares about getting to Mars now.

 

[steeleye20]

I hope other members have returned their Boeing 737 Max airplanes today as I have done.

😎

 

[cryrst]

I'm talking specifically about the Musk/Starmer dynamic when I talk about half-truths.

Time will tell on Tesla, but I sold up about a month ago and I think we are a long way from the bottom of that ride. And for transparency, my plan is to buy back in when I think we are!

Ha ha what is it they say about standards and the left 🤔

 

[Wisbech Eagle]

Went to US in January and used to go every year pre-Covid/ retirement. Maybe the cost of the airfares plays a large part in the lack of tourism, certainly from the UK. All those pesky air taxes imposed, can’t blame Trump for those ( although I’m sure you will try). I don’t believe for one minute people refuse to go to US for holiday because of who the President is.

Then you would be wrong. I know two people who were planning to go later this year who won’t now and have sworn they won’t again until all traces of Trump are gone. I had no such plans myself but because my wife is a nurse and has family living in California there was talk of us going to live there at one time. Not now.

 

[Wisbech Eagle]

Of course it did 😂😂

It did! I was told to me by someone who had no reason to lie.

 

[Wisbech Eagle]

Nobody knows where the path will lead – apart from you, apparently! Perhaps it's wise to wait and see instead of beaking off?

Apart from me! Don’t you follow the news? Most analysts put the chance of a recession above 40%. One today said it’s 100% certain. Everyone, including the IMF, is forecasting a downturn.

You don’t wait and see when you can already see the dark clouds on the horizon. You make preparations.

 

[Wisbech Eagle]

Google gives the following reasons.

• Tesla's Price Cuts:
  Tesla's frequent price reductions on new models have directly impacted the resale value of used Teslas. When new cars become more affordable, used car prices tend to drop as well.
  
  
• Increased Competition:
  The EV market has become more competitive, with a wider range of electric vehicles from both established and new manufacturers. This increased supply of EVs has also put downward pressure on prices.
  
  
• Elon Musk Backlash:
  Some Tesla owners have reportedly been selling their cars due to a backlash against Elon Musk's leadership and business decisions, further contributing to the increased supply of used Teslas on the market.
  
  
• Inventory Levels:
  The supply of used Teslas has been increasing, particularly in the UK, as more dealerships add them to their inventory. This influx of inventory has also contributed to the price declines.

No doubt all true. There are others though. Long delivery delays have eroded confidence. Outdated designs are being out marketed by competitors.

Lower prices must equal either lower profits, increased productivity, lower wages or increased efficiency. What’s your guess?

 

[Wisbech Eagle]

Sure. Carry on conflating the two.
No one knows how much tourism is down due to financial constraints; it's down here too.

No, but we can make a good guess based on what is readily observable.

Would you bet on me being wrong?

 

[Teddy Eagle]

No doubt all true. There are others though. Long delivery delays have eroded confidence. Outdated designs are being out marketed by competitors.

Lower prices must equal either lower profits, increased productivity, lower wages or increased efficiency. What’s your guess?

My guess is that most people who wanted a Tesla have already got one.

 

[Teddy Eagle]

No, but we can make a good guess based on what is readily observable.

Would you bet on me being wrong?

No. The odds would be too short.

 

[Wisbech Eagle]

It's conceivable that the richest man in the world might know what he's doing.

The way he has behaved in the recent past would suggest that’s demonstrably untrue.

Many think he has lost all sense of proportion. Which can happen to those who live in a bubble of their own creation, isolated from the real world.

 

[Teddy Eagle]

The way he has behaved in the recent past would suggest that’s demonstrably untrue.

Many think he has lost all sense of proportion. Which can happen to those who live in a bubble of their own creation, isolated from the real world.

Indeed. He should sell up and move to Cornwall to learn how the world works.

 

[Wisbech Eagle]

I think there's a very reasonable chance it does recover in the long term - it's clearly an innovative business and like it or not, they are at the forefront of one of the largest emerging sectors in the world with more brand recognition than most of their competition combined.

They are already being heavily outsold in Australia, New Zealand and all over Asia. That is about to be repeated in Europe. They opened the market but others have watched and built better.

I remember when homes were cleaned with a Hoover. Then Dyson came along and solved some of the problems with his cyclone technology. That’s what Tesla did with cars. What Dyson did, that Tesla haven’t, is not stop there. They abandoned the upright plug ins and invented lighter weight, more manoeuvrable, more powerful rechargables. These days you always need to be thinking about tomorrow. Musk used to be good at it, but not any more.

 

[Wisbech Eagle]

Indeed. He should sell up and move to Cornwall to learn how the world works.

He could certainly learn how decent people treat one another.