https://x.com/YahooFinance/status/1813585699926401434
Elon Musk has fully endorsed President Trump. He is pulling his businesses out of California and moving them to Texas. He has made many posts lately on X that are total redpills... in short, he has done a lot of things that really piss off the libtards.
This video discusses the consequences to Tesla's market share, profitability, etc. going forward since most of Tesla's customers are libtards... the guy in the video has been short on Tesla for many years, so he is obviously not a fanboi, but he does raise some good points.
I wonder what EM / Oak Tree is doing? I'm not complaining, obviously - I'm just a bit baffled (in a good way).
I know... I thought the same thing. I am not a fan of short sellers in general (especially the naked shorts bullshit).
Also, I personally am not a fan of Tesla or EV's either. I am extremely happy that President Trump has promised he will get rid of all EV mandates and the other associated crap.
However, that does spell trouble for Tesla - big trouble. And the points the short seller guy raises in the video are all valid problems. I am only a spectator, so I don't really care... I just thought EM's behavior that basically hurts one of his own companies was very interesting.
Ev's are ok in my book. People should be able to choose. Mandating the is no Bueno though. That said, if there are no mandates, I don't see it hurting tesla sales, I see it hurting the other ev sales instead. Tesla has the dominant reputation, regardless of liberal opinion.
In fact, Tesla makes a buttload of money selling "carbon offsets" to other car companies. If the mandates go away, those carbon offsets also go away - which means no more buttloads of money for Tesla.