this post was submitted on 20 Mar 2025
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[–] [email protected] 8 points 21 hours ago

“Oh no, the consequences of my actions!”

[–] [email protected] 9 points 22 hours ago

😭🎻

https://www.marinelink.com/news/elon-musks-firm-buys-two-offshore-rigs-484690

https://www.worldoil.com/news/2021/1/25/elon-musk-s-gas-drilling-plans-in-texas-meet-legal-resistance

https://www.forbes.com/sites/cyrusfarivar/2025/03/17/power-hungry-ai-data-centers-seek-more-quick-and-dirty-mobile-gas-turbines/

https://www.npr.org/2024/09/11/nx-s1-5088134/elon-musk-ai-xai-supercomputer-memphis-pollution

🎻😭

I will say though, I've been suspicious he's had long standing plans to just dump Tesla at some point in the near future anyway. I'm hopeful the point he was planning to jump ship and sell off his stock has gotten beyond his control and he can't do it without majorly fucking himself over.

Aside from everything else he's done to get deeply involved in the oil and gas industry, what made me really suspicious was when DOGE removed all EV charging stations from federal buildings for not being "mission critical."

https://gizmodo.com/u-s-government-removing-ev-chargers-from-all-federal-buildings-because-they-are-not-mission-critical-2000566987

[–] [email protected] 5 points 23 hours ago

If he thinks civil war is necessary but doesn’t think corporations will be casualties… then what does he define as civil war? Where less important things die? you know, those umm.. soft gelatinous things. People, yes people are expendable.

This soft and gelatinous thing looks forward to a place to expend his umm, anger and frustration.

[–] [email protected] 22 points 1 day ago (1 children)

I'm still not convinced that isn't just insurance fraud to try to recoup some money for junky cars no one wants while pretending he's a political victim.

[–] [email protected] 6 points 1 day ago (1 children)

Good luck getting that proven in a court

[–] Knoxvomica 2 points 8 hours ago (1 children)

Does any of court even matter anymore when the president is in your back pocket?

[–] [email protected] 2 points 5 hours ago
[–] [email protected] 18 points 1 day ago (1 children)

The best thing about this is that Tesla is massively overvalued. Like, the stock price is more than 20x what it should be based on Tesla's earnings.

If Tesla had a reasonable value, then hedge fund managers and other rich people would probably be buying it while it was temporarily down and getting rich as it went back up. But, with it so insanely overvalued, it's much more likely they'll short it or buy put options and hope to get rich when it finally crashes.

[–] Yoga 7 points 1 day ago (1 children)

Relatively speaking, Tesla is far less overvalued than in the past.

At one point their market cap exceeded every other automaker in the world COMBINED.

That might make sense if they were making unprecedented loads of money but of course they got trounced in sales compared to Toyota then and now.

[–] [email protected] 7 points 1 day ago (1 children)

Yes, it was at something like 30x overvalued, now it's only 20x overvalued.

Glad you mentioned Toyota. Their P/E ratio is approximately 7. Tesla is approximately 100. If Tesla were a well run car company with a lot of good vehicles and an anonymous CEO who nobody hates, the fair value of their stock would be about $14 per share. It's currently $236 per share.

Someone is going to make mountains of money shorting Tesla stock, but unfortunately it's going to be someone rich. The market can remain irrational much longer than normal people can remain solvent. Some rich dude is going to take the risk though and make out like a bandit.

[–] Yoga 5 points 1 day ago* (last edited 1 day ago)

NOOOOO don't look at P/E ratios (the auto sector has always had extraordinarily low P/E ratios) you have to look at relative PEG ratios!

At least that was the copium years ago. Now that their sales growth has petered out globally (even before all of the President Musk backlash) and China has free-money'd their way to a technological advantage for EVs I don't even understand it anymore. The other automakers are either caught up or rapidly approaching and the thing I've been saying for years (PHEVs are superior to BEVs for most people) is being proven true.

Before I called it hysteria and FOMO and blind optimism but now I just don't get it.

[–] Nemean_lion 12 points 1 day ago (1 children)

The funny thing is the first tweet was right, just wrong in his intention. I don't see this ending without a civil war.

[–] [email protected] 6 points 1 day ago (2 children)

It's what they want. They are gambling on it.

[–] [email protected] 2 points 23 hours ago (1 children)

I think it's what we want too at this point though.

Serious question, what are we meant to do with all the die-hard Trumpers? Like there are people who are willing to kill for him, people who have gladly sacrificed their relationships with their friends and family for him. Even in the absolute fantasy world where the U.S. gov could be fixed via electoralism, we'd still have about a third of the country that is hungry to kill the other 2/3rds.

At this point it looks like our options are either re-education camps, or bloodshed.

[–] Knoxvomica 1 points 8 hours ago (1 children)

I don't understand how you guys down south are still asking this question? It's obvious to us up in Canada, how is it not clear to you that you are ALSO and probably even moreso going through an existential threat. Get prepared, be ready, start that now. I know we are.

[–] [email protected] 0 points 4 hours ago (1 children)

maybe because it would be nice to avoid having our entire country kill each other? Maybe because all the people who have been brainwashed by our right-wing propoganda centers don't really deserve to die just because they were duped?

What, are we supposed to be happy that we're rapidly heading towards the bloodiest conflict America has ever seen, just full speed ahead on death and destruction? You think it's pointless to even try and care about the monumental loss of life?

[–] Knoxvomica 1 points 3 hours ago

Homie, you need to mentally prepare for the equivalent of what people went through during WWII.

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[–] [email protected] 22 points 1 day ago (1 children)

I like it when Nazi man-children cry.

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[–] [email protected] 33 points 2 days ago (1 children)

genocide? cool and good. black bagging people for protected speech? yeah, pretty fucking cool. letting people die of preventable disease and disaster? yeah, what are you, gay?

but damaging a car? you're basically the worst thing a person can be.

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[–] [email protected] 62 points 2 days ago (20 children)

I love that we have found a way to hurt him, keep it up.

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[–] [email protected] 18 points 1 day ago (1 children)

How the hell do Elon and other oligarchs feel so safe to call for a literal civil war? He thinks the other side cares more about fighting Joe Bob more than the billionaires? Such strange delusional behavior

[–] [email protected] 3 points 1 day ago

Historically, that is how elites have always maintained their power, so yes. It’s just a lot more difficult to 1) mobilize an overworked and comfort-seeking populace, and 2) we are more interconnected than ever before.

The power of propaganda is being seized by the people. We create the content. We cover current and localized events (in actual real time) because it’s our actual communities. We know who is who and what is what.

[–] [email protected] 185 points 2 days ago (1 children)

You know what's horrific and evil? Cutting Medicaid and social security for millions of people because your billions of dollars isn't enough money to make up for the fact that you're a giant man baby.

[–] [email protected] 53 points 2 days ago (1 children)

"It's only a civil war when we do it. Otherwise it's nonsensical violence against innocents!"

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[–] [email protected] 154 points 2 days ago (2 children)

He assumed his opponents would kill random people instead of targeting his property.

He probably can't even comprehend a worldview where people prefer to attack wealth over taking another human being's life.

[–] [email protected] 67 points 2 days ago (3 children)

That would require empathy, which he considers a weakness. So he probably is genuinely baffled by this.

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[–] [email protected] 14 points 2 days ago

I was looking for someone saying this. He was envisioning a bunch of us poors fighting each other when he called for civil war. He never thought it would be all of us against him.

It really does show that violence might be the only way to get through to these people. Not that I would ever advocate for such a thing directly myself of course of course. But if this is the only thing that gets their attention, it seems like he's inviting more of it.

[–] [email protected] 19 points 1 day ago (2 children)

Does anyone else think the "happening in my town of (insert town name here)" is a bot account he set up to blow up small isolated incidents?

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[–] [email protected] 52 points 2 days ago (1 children)

Musk: "Civil War is Inevitable!"

People destroy his company's products.

Musk:

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[–] [email protected] 35 points 2 days ago (13 children)

Property damage is not violence, say it with me now

[–] [email protected] 9 points 1 day ago* (last edited 1 day ago)

"it with me now"

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[–] [email protected] 20 points 2 days ago (1 children)

This is from the same guy who said Hitler didn't kill millions of people. He's being deliberately obtuse and he thinks everyone must be stupid.

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[–] [email protected] 127 points 2 days ago (1 children)

Has he even said 'Thank You' ONCE yet??? So ungrateful...

[–] [email protected] 49 points 2 days ago (1 children)

And he's not wearing a suit either

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[–] [email protected] 66 points 2 days ago (1 children)

It continues to amaze me just how many grown-ass adults have seemingly never moved beyond schoolyard-levels of maturity. This is like typical childhood bully stuff. And that's before we even get into these immature manbabies actually have real power over people...

[–] [email protected] 47 points 2 days ago (3 children)

When I look at myself in the first grade and I look at myself now, I'm basically the same. The temperament is not that different.

  • Donald Trump

I'm not even joking.

https://theweek.com/speedreads/575962/donald-trump-tells-biographer-hes-same-now-first-grade

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[–] [email protected] 16 points 2 days ago

We brought him a little taste of civil war. He's just mad he's on the losing side.

[–] [email protected] 57 points 2 days ago
[–] [email protected] 42 points 2 days ago (2 children)

It would make my year if he cried live in an interview where it dawns on him that he's the cause of his own demise. But he's not smart enough.

[–] [email protected] 26 points 2 days ago (2 children)

He almost did actually. He was in an interview a little while ago where he was moments away from tears.

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[–] [email protected] 58 points 2 days ago (3 children)

Personally i think the level of violence could be a little higher still... Or way higher! Burning megafactories levels of higher.

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