lafrisbee
Active Member
Elon is Right AGAIN!
If you can't stand significant movement in a stock TSLA ain't for you.
If you can't stand significant movement in a stock TSLA ain't for you.
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
powertoold
Active Member
This is akin to some judge in China ruling that the GF must be torn down because the paperwork reported 20 toilets when there were 200 in reality, causing one neighbor's toilet to overflow
I've no idea. He's an ex-drummer from some minor heavy metal band, no idea why he sued in the first place with only nine shares to his name.
After 13 years I'm finally wavering as a shareholder. It's not the price swings, it's the non-stop, never ending drama.
I believe a very small percentage of shareholders approved this plan because he said he’d spend it to get to mars. (Which he is still working on regardless of his “detour”.)
Why would we want to approve his package now? All the achievements have been met already. What’s in it for us to approve his compensation package at this stage. Just playing devils advocate here.
Warren Buffett would say that if you’re investing in a company from a value standpoint, you won’t be bothered If the stock market shuts down for five years — and that type of thing has happened before.
The stock market is just a place to trade pieces of businesses at a price that changes daily. What these big funds and long-term investors are looking for is not some crazy stock price appreciation, they want to sit in the stock for 10+ years and get dividends out of the company when it eventually starts paying them because that’s actually how you get money from a company through its operation. The earlier you can get in and the lower the price, the more dividends you’ll get out.
You should only be selling shares if you think the valuation has reached some point where it doesn’t make sense relative to the future cashflows that will be paid out, because those future cash flows are what fundamentally dictate share price.
I can't believe I'm saying this seriously but here it goes. Please do not give them ideas.
A few years ago a poster here was being a little too smug around his wife about his millions. She tried to put him in his place by pointing out how much Elon has. His retort was "But he had to work for his money".
Artful Dodger
"Neko no me"
Righteous indignation - Wikipedia
"Righteous indignation, also called righteous anger, is anger that is primarily motivated by a perception of injustice or other profound moral lapse. It is distinguished from anger that is prompted by something more personal, like an insult."
This snipit Andrea James posted makes it seem likely Elon has know for some time. He can just now finally talk about it.
Yeah seems likely that Elon would have known for some time the way this was headed
Krugerrand
Meow
It’s sooooooo cool he’s done no such thing at this point. Really love it.
Thanks for that reminder. First off, from reading the regular analyses here and getting some other checkpoints, the future still looks excellent. As a practical matter, I have decided to use the current drop in stock price to reduce our average cost per share. I posted about the specific strategy in the retirement thread as another checkpoint. I just have to remind myself that our original goal was longterm appreciation, and continue to use the time to goal as an opportunity to learn.
The Accountant
Active Member
Elon draws no salary. These options were his only compensation for his performance from 2018 - 2023.
If we vote no, we are basically telling the CEO he works for free.
We approve it because it is the right thing to do.
Krugerrand
Meow
Yes, you do. Given enough time it’ll be exposed publicly.
Krugerrand
Meow
Let’s start with ‘it’s the right thing to do.’
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