Musk whines, “Poor, poor, pitiful me!” (Updated)
Could you have a little sympathy here, parasites. Musk had to stop his DOGE slashing and burning to put out fires at his dealerships.
JP Morgan auto analyst Ryan Brinkman put it plainly in a research note published Wednesday, writing, “We struggle to think of anything analogous in the history of the automotive industry, in which a brand has lost so much value so quickly,” according to Fortune, which reviewed the note. Artists join the protest nonviolently.
Musk’s Political Ties Stir Investor Worries. JP Morgan says the sudden drop in Teslahas no comparison in automotive history. That means you and Musk are in uncharted waters and at extreme risk. Through January and February, Tesla sales cratered by 44.4% in Norway and an even steeper 70.6% in Germany. Similar declines have been reported in Australia and China, compounding the pressure. Musk will hide February’s U.S. data as long as possible. Expect it to exceed January’s 45% drop.
Love and goodwill would be the best after-market product to embellish the brand. Musk has manifested extreme hatred toward his brands.
In the same investor note, JP Morgan slashed its price target for Tesla shares to $120, representing more than a 50% drop from the $249 mark it was trading at last week. Last week was already down 50% from 3 months ago. Tesla stock is a stone in free fall and any more adverse data will have a cost.
Another showroom in the Netherlands was graffitied with slogans such as “f*ck off fascist” and others that called Musk a Nazi.
In France, authorities in Toulouse reported that a dozen cars were torched at a Tesla showroom earlier this month. One vandal as far away as Tasmania wrote “Do you really want to drive a swasticar” across a dealership window.
In Belfast last Sunday 20 cars were damaged. Mostly outside mirrors busted and sheet metal dents.
(This is slightly worse sentiment than just not buying one. I recommend a nonviolent approach, but the degree of the international hate needs to be seen.)
Sales are way down; however, it was in February that the hatred started in earnest. We cannot fully measure that yet. The stock market should be further impacted, as we wait for the rest of those February and March down numbers:
44% in UK (Jan.)
44.4% in Norway (Feb.)
70.6% in Germany (Feb.)
45% in U.S. —Jan. (Feb data hidden)
Data for February could start a run on TSLA in the stock market. lnsiders have dumped $100 million in the last month. I think it wise to follow the insiders’ lead. You can get back in when things settle.
Burning Rubber! The Cybertruck can burn rubber like none other. Vandals had a sense of humor.
Tell me lies; tell me sweet little lies. Later that day, Musk appeared on Fox News and discussed a recent string of protests and attacks and vandalism against Tesla vehicles and dealerships. Musk claims it’s happening because he and DOGE are uncovering fraud. That is a flat out lie. Musk did have this to say:
“It turns out, when you take away people’s, you know, the money they’re receiving fraudulently, they get very upset, and they basically want to kill me because I’m stopping their fraud, and they want to hurt Tesla because we’re stopping this, this terrible waste and corruption in the government,” Musk said, adding: “Bad people will do bad things.” (He does not see himself doing bad things.)
Musk has uncovered no fraud. None. This week, the Musk Watch DOGE Tracker was launched. This new tool authoritatively demonstrated that Elon Musk had been overstating the cuts DOGE implemented. Musk is fraudulently ignoring court-ordered remedial actions. He is ignoring, rather than accounting for those court-ordered reversals. He has made material misrepresentations to Congress to get Congress to act: this is fraud in every state in this union.
While Musk claimed that DOGE had made $105 billion in cuts, the Musk Watch DOGE Tracker revealed that just $8.6 billion of those cuts were verifiable. This is gross negligence in data reporting.
Within hours, Musk on X personally attacked the Musk Watch DOGE Tracker. Musk offered no actual critique of the Musk Watch DOGE Tracker's or its methodology. Instead, he is arguing that it is somehow hypocritical to claim that Musk is overstating the scope of the cuts and underplaying how the cuts are harmful. This is absurd. Sign up for the tracker thru this button.
Musk must be complaining about you, the parasites. I paid into social security for 50 years and don’t think taking my retirement check is parasitic conduct.
Musk’s Political Ties Stir Investor Worries. JP Morgan, saying Tesla is making negative automotive history, notes that Musk’s involvement in the Department of Government Efficiency (DOGE) is weighing heavily on perceptions of the Tesla brand. Ya think?
This is the bad part. Musk is terrified. His loans are collateralized with his owned stocks. Banks will be calling soon to make him put up more collateral. He will be forced to liquidate some stock holdings. I saw the Fox interview with Musk whining. I have a second such video, button below, of a more composed Musk. Still looking for the first one with the hair on fire. Guess what. I felt Musk’s hair on fire in that first interview. See what you think in the second interview.
Tesla’s market cap has already plummeted roughly 49% since December, free-falling from a peak value of $1.54 trillion to under $800 billion, Business Insider. I believe the banks are starting to call Musk to re-collateralize his loans. I felt Musk’s hair on fire. That told me something.
I personally find the JP Morgan spiel to be softened so as not to create a run on the stock. That is normal fare for a brokerage house. I recommend bailing out for now. Let the storm pass. It is not that the “parasites” have simply stopped buying Teslas, there is extreme hate being vented on the douchebag Musk. He whined to Hannity:
It’s really come as quite a shock to me that there’s this level of hatred and violence from the left.
Elon whimpers, “I thought the left Democrats were supposed to be the party of empathy, the party of caring, and yet they’re burning down cars. They’re firebombing dealerships. They’re firing bullets into dealerships.”
He continued: “Tesla is a peaceful company. We’ve never done anything harmful. I’ve never done anything harmful. I’ve only done productive things. So I think we just have a deranged — there’s some kind of mental illness thing going on here, because this doesn’t make any sense.”
I agree. Musk is clearly deranged.
I think it is mentally ill to be illegally firing public servants and not to realize that that is harmful and illegal.
Angry baby tantrum Musk-style. This peckerwood crybaby can buy empathy from others if he wants empathy. Baby Elon just doesn’t understand. He does not get it. Unbelievable.
One should know this: psychopaths are devoid of empathy.
Clearly one can see that Musk is devoid of any empathy. Musk is oblivious to the problem. Totally unaware that goodwill is earned, just like trust. Bad will, that is earned too, and he earned a lot of that.
Yesterday, a Federal judge ordered 25,000 Federal workers hired back immediately. That is happening now. Those fired workers weighed heavily in Musk’s cuts, some of DOGE’s largest $ cuts. Reinstating employees will come with back pay for the month. Waste cost to you and me: $200 million in “vacations” with zero productive work seems inefficient of DOGE. DOGE just cost us $208 million. (I have bid government contracts with 18,000 employees. My estimate uses $100k/yr per person divided by 12 months.) Add to that the defamation suits for alleging (in writing) poor performance as the cause. The torturous pain inflicted! You can measure that around $1-2 billion that DOGE cost us “parasite” tax payers—through Musk’s egregious abuse of Federal workers.
Further, many of DOGE’s claimed contract cuts used the IDIQ contracts’ $ ceiling values. Most of those contracts are task order contracts and only the task orders awarded and in-process have a relevant $ value to cut. Ceilings are seldom reached—5 to 10 years in the future. Again, only active task orders’ work-in-progress can be cut to have a $ value. The complexity is way beyond DOGE kids’ experience envelope.
Ask the right person. Former employees of Musk’s companies, government regulators, several of his ex-partners, his children, and the virtual sea of people being negatively affected by Musk’s work as an unelected shadow-president might disagree with the notion that the billionaire has “never done anything harmful.” Many of the angered are making themselves heard, and felt.
LED BY DONKEYS protest in Wales. Sand art. Watch the Tesla “drawing” at this button.
The Road Ahead. Trump already asked our military to shoot our citizens on the streets, “Can we shoot them in the legs?”), but the military refused. Now he plans to arrest protestors. You know about how far with this that Trump will go, but no one knows what will unfold. Grab a flashlight, because we are at a dark fork on this American road.
Understanding will become a bridge. We all should have affinity with that need. Thank you for finding my voice. You have given that place and meaning by just being here. That is real, heart-felt sentiment because I am still emotionally that little boy Army brat from Dothan, Alabama that started first grade there in 1955, (but lived in Japan, Germany, and Iran, and all over the U.S.). Please consider becoming a paid subscriber to help HotButtons become self-sustaining. It helps.
Oligarchs and autocrats always describe those who object and those who resist as parasites.
I live outside Austin, Texass (extra "s" is not a mistake) about 10 miles from his SE Austin plant. This plant was caught red handed dumping their wastewater into the Texass Colorado River. This river feeds into several lakes and is used by farmers, ranchers, fishermen and several municipalities before it dumps into the Gulf of Mexico. He got the proverbial slap on the wrist and a hefty fine, sure it didn't hurt his pocketbook, as I wonder who he paid off. Of course this is Texass, where money talks and bs walks. I remember a time Texas's was a great state, then rethuglicans got elected, Texass is now one big trashy shitehole.