Disney BOD fired its CEO bc its stock price crashed: No fiduciary duty violation, no dumping of Its stock, not working full time in another co.
Whereas Tesla CEO did those sins: sold $39B to crash the stock, brought 50 software engineers, working and sleeping in his private co.
Disney BOD fired its CEO bc its stock price crashed: No fiduciary duty violation, no dumping of Its stock, not working full time in another co.
Whereas Tesla CEO did those sins: sold $39B to crash the stock, brought 50 software engineers, working and sleeping in his private co.
@WholeMarsBlog@KoguanLeo@elonmusk Elon blaming $TSLA decline on macro is disengenuous. There’s a piece that’s due to macro. But vast majority is self-inflicted. Since TWTR deal closed on 10/28, TSLA -31%; NDX +2%. If macro, other tech stocks would be down 20%+. TSLA down to Elon sales, TWTR noise and China miss.
Just the facts:
- $TSLA had record monthly sales of 100.3K in Nov, eclipsing prior monthly record of 83.1K in Sept by a wide margin.
- China ¥12K EV subsidy expires 12/31 (“epic” 4Q).
- AAPL has fully restored advertising on TWTR after Elon’s 1:1 meeting last week with Tim Cook.
Tricky Fed president: ten years of ZIRP and QE crushed US retirees and created the biggest asset bubble in history, but Bostic was smart enough to put his money in a Bank of China CD
@thejefflutz The lowest time Tesla displays for new orders (not placed yet) is 1 week.
The idea is to reverse engineer Tesla's calculation when they decided to put 1-4 weeks here. Individual buyers are not important. What was Tesla thinking when they decided to display 1-4 weeks is important
NEWS: According to Reuters, Tesla's panned production forecast, if achieved, would put the EV maker on track to meet Elon Musk's goal for production in Q4 and put the automaker close to the scale of German luxury automaker BMW by end 2023.
reuters.com/business/autos…
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