this post was submitted on 17 Apr 2024
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[–] [email protected] 18 points 2 months ago (1 children)

Ive been an investor in the company since before they were making any profit and have been listening to their quarterly shareholder calls for a very long time.

I have more money invested in Tesla than any other stock. This is because I strongly believe in their mission statement and am very happy with the engineering. I even credit Elon with their agile engineering approach and first principals strategizing... And he became literally the richest person in the world because of it. He doesnt need 3.5 years of all company profits. He's shown he wont do anything good with that money. Thats multiple gigafactories he wants to pocket for himself in exchange for checks notes being a dick and scaring people away from Tesla.

Tesla is becoming associated with rich, antisemitic smartypants poser doucheladdles instead of "Transitioning Earth to a sustainable energy infrastructure" as is the mission statement and he is why.

Here was where I got the figures for my comment. They are very much in line with the dozens of earnings reports I've tuned in to over the years.

https://www.macrotrends.net/stocks/charts/TSLA/tesla/net-income

[–] LustyArgonianMana 8 points 2 months ago

I think now is a good time to exit. Tesla may have been a good company at one point despite Musk, but now you're going to be bagholding. It's probably a good time to exit Tesla.