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this post was submitted on 04 Feb 2024
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Enough Musk Spam
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This might be a bit tin-foil, but I really don't buy a lot of this news.
If the likes of Andy Jassy or Tim Cook were reportedly huge crack users, you could all but guarantee that there would be a VP or SVP that would be plotting a coup, and you'd bet that they'd have full shareholder approval. Musk owns most of his companies, bar Tesla, where he owns around 13-15%. Surely at this point there would be someone either internal or external that would love to own Tesla, even if just for the name?
Tesla doesn't really have much to gain by being attached to Musk. If anything, the outlandish shit he's got that company doing instead of fucking making the cars he's said for years they would make holds them back.
Take the news at face value, and it paints a picture where law enforcement will be involved already. Now, take it, knowing that Musk is a deeply troubled man that lost his family and is neck-deep in the alt-right machine alongside people that can handle it far better than him, and this "news" sounds like the kind of rumour that Musk would probably spread himself to make him seem more...edgy?
If it's true, coercing someone to take highly illegal drugs is probably a crime in the US, and probably one that would warrant the police to maybe pay these people a visit, perhaps?
I have trouble to buy this. Tesla's shares are massively over-inflated, and it is all due to Elon's media over-exposition from back when it wasn't so negative. Anyone with enough Tesla's shares and the capacity to play politics within the company understands that killing the clown means the whole ship sinks down. The correct play here is to slowly rid yourself of Tesla stock before it completely crashes, not to draw attention into him.
it's interesting that all these stories are running in the WSJ and mainly other Murdoch rags. Failure son James is on the board - and the ol' Dirty Digger and the Oracle of Bullshit himself were photographed sitting together at the Superbowl this time last year. Whatever is going on is being orchestrated for some reason that shall likely soon become apparent.
If a successful exit is the play, surely there's no better reason to push an external candidate to take over? It's an immediate exit at a high price, or an opportunity to offload stock on a positive note instead. This assumes someone comes in with the sole intention of selling to a company like Ford.
While I don't disagree about Tesla's valuation, people have been saying this for years and years now. When will it be true?
This is impossible unless Tesla's stock crashes to reality back from fairy land. It's the average upper class gambler who is over valuing it, not other companies keenly aware that developing their own electric cars is much cheaper.