My hypothesis is that $TSLA has transitioned to meme status and needs to retain its core hype source (including the affiliated X platform amplification) to retain shareholder value.

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  1. 🤮.

    All that money and the man descends into the gutter and seems miserable. He self medicates. Perhaps one day a bit too much and will overdose. People like him are sick and self absorbed & do stupid things with his money.🤦‍♀️

    What a wasted life.

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  2. Any replacement CEO would be forced to back-track on many of Elons fantastical claims. This would lead to a collapse of the stock. The stock holders have no interest in that, the board neither. Without Elon TSLA plummets.

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  3. Without the hype-maker in chief Tesla is just a badly run carmaker that has lost all it's previous advantage in the EV market. It's a doomsprial until people have cashed out their stake.

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  4. $TSLA has been a meme stock for a long while, no way is it worth more than GM based on hope value that it has a dominant position in the EV market & perceived potential for growth.

    They've been overtaken on design initiative by the Chinese & have limited potential growth by trashing the brand.

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  5. That’s the meme stock playbook in action:

    buzz + charisma + social media = staying in investors minds and wallets.

    Elon Musk’s presence on platforms like X and the loyal fanbase keep that engine revving.

    It’s a clever trick risky, but undeniably effective so far.

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  6. I think it's been meme status for a long time now, ever since they discovered they can dangle autopilot and never have to deliver it, all while raking in thousands on every car sale. Tesla has no personality apart from Musk and that is its greatest weakness

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  7. TSLA is definitely a meme stock but what makes it different is being propped up by membership in the S&P 500 and all the derived index funds. It's fiduciarily irresponsible for Vanguard and other index fund managers to not yank it now, instead of waiting for S&P.

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