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World's richest man btw
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this post was submitted on 08 Jun 2025
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So a Tesla shareholders going to fire him at some point or what?
Tesla stock price is like 95% expectations of massive future growth created by the super amazing genius of Elon. If Tesla becomes just a basic car company it will be destroyed.
Of the company is overpriced like that, is it actually helpful to the company or just the shareholders?
It's helpful to both as long as the stock stays high.
That's not how it works though.
The shareholders know the stock is massively overvalued but that's not useful to them unless they sell now and if they sell now the stock will crash. They know this bubble can't last because they know their global market share is in the toilet and artificially bigging up the stock won't help with that.
Be interesting if that’s what it took.