well said. I have the utmost respect for some of the posters here and I'm in no way insinuating that they have been financially harmed by Elon's tweets. I'm just taking a broader and more empathetic view here, looking at all stockholders, super bulls and what not. You know, everybody deserve a chance to make money. For the average Joe who buys Tesla. they might not know Elon Musk like we do. Maybe they did their homework and accepted the business risks. Maybe they looked at the volatility and said hey I could weather that. But, they don't expect the CEO to tank their investment by 10% with some tweets. Before the tweets, TSLA was actually outperforming the indexes (down 1% vs ~1.7% for NASDAQ) so please don't give me the multiple crap. Maybe some employees at Tesla need to sell some stock soon now that they're out of work. What I'm saying is across the spectrum, there are people actually harmed by his behavior today. For some of us, it's a matter of principle. Like Dave said in his video, it was unnecessary. Is Dave not a sensible guy? Is it too much to ask for some accountability?
True, TSLA longs will prosper beyond their wildest dream but is it acceptable to call us who temporarily (hopefully) went on strike weak longs? If we can't act on our principle, then what good is money? Isn't that how Elon function?
To me it’s debatable if buying some stock in a company and watching other people toil at building it, is in fact ‘work’.
While I’ll definitely give work credit to those who’ve done copious amounts of mathematics and independent research, many I believe are simply riding the coattails of others and THAT is one big reason why they are in and out of the stock on the drop of a tweet and playing options for a quick buck.
Now for those that just had their blood pressure rise on my last paragraph — don’t try and shove the shoe on your foot if it doesn’t fit.
If the shoe does fit then have the good sense to own it and wear the shoe proudly. If you can’t manage that pride, then consider changing who you are as a person so you can be proud of yourself.
There are other posters here who inherently know that the tighter you hold onto money, the harder it becomes to hold. That you in fact have to care less about money to attract more money. I know, it sounds all froo-froo but I’m telling you that’s how it works.
I consider every penny over my initial investment to be free money. And since nothing is really free in life, I must pay for that money by going through a few trials and tribulations along the way that is meant to test my metal, my convictions, my instincts; a tweet now and again, a coordinated assault by media, short sellers and the like, a pandemic and economic downturn, a SEC lawsuit, etc...
Just image the trials and tribulations Elon and his employees have had to go through to stick it out. They’re the ones taking the brunt of everything.
The problem is you (general) can’t actually imagine what it’s like to walk in Elon’s shoes, but you sure know how to come to a quick judgement in the moment as if you did know.
I can’t quite grasp it even though my whole life I’ve had people tell me what I can’t do and I’ve had to slug my way through to prove they were full of it. Now I just nod and smile when I’m told it can’t be done, doing for my own benefit and knowing in due course they’ll be eating a replica of Dodger’s hat.
