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/biz/ - Business & Finance

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57583527 No.57583527 [Reply] [Original]

How could they fuck this up that bad?

>> No.57583538

>>57583527
>Elon Musk
>not fucking up
Gee anon, idk
its a mystery

>> No.57583545

>>57583527
Buy high, sell low

>> No.57583554

>>57583527
Because Elon receives his orders from Israel.
How fucking newfag are you?

>> No.57584638

>>57583545
Would have expected better than just literally trading like a crypto noob

>> No.57584663
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57584663

>>57583527
>>57583545

>> No.57584675

>>57584638
Why? The only thing Elon is good at is attracting money from gullible investors. He was never good at engineering and he discovered trading in 2020 when he was already a drug addict so of course he's going to act like your average noob. Nothing surprising here

>> No.57586040

>>57583527
Meh. Tesla bought in during the 2020 hype when Bitcoin was rising and Michael Saylor was pushing the "Bitcoin treasuries" concept for businesses.

Saylor got fukn rekt when Bitcoin crashed in 2022. I knew when the price fell through $30K, and he'd kept buying and rebuying and leveraging and getting loans and selling bonds until he DCA'ed to an average price of around $30K (after his initial super-brainy buy-in at $11K, which would have still been very profitable), that he was going to get flung out of his job at Microstrategy. You can even look up on Betmoose where I posted a bet on it, and won it a bit over a month later:

https://www.betmoose.com/bet/will-michael-saylor-get-fired-as-ceo-of-microstrategy-5834

Musk had the intelligence to bail out while his company was still slightly ahead. Sure, if he'd hodled he could have come out with another billion dollars, but he'd have had to sit through a long uncertain period where his company had lost half a billion.

Where Musk did fuck up was in jumping on the bullshit ESG "Bitcoin is bad for the environment!" narrative as an excuse to stop accepting payments in Bitcoin. That cost him a lot of goodwill with Bitcoiners, who had jumped from buying Lambos to buying Teslas in appreciation of his accepting payments, and who felt betrayed by his ESG bullshit -- and even more so when he started pimping Dogecoin.

>> No.57586081
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57586081

>>57586040
lmao bro this is some good old fashioned 4chan trolling it was a little mean but you know we're just joking so it's fine what did that old fogie know he is a crypto retard who got totally btfod the truth is you just can't trust that old geezer especially with new technology i mean look at that haircut

and his dumb suit

haha it's so out of fashion i guess it's kind of funny that he got fired but he deserved it

>> No.57586082

>>57583527
Elon you fucking retard!

>> No.57586098

>>57583527
>>57583554
>>57583538
ELON MAN BAD

>> No.57586341

Tesla is a fucking retarded overvalued "we're going with the current meme (which is AI now)" to pump our stocks haha because we're a shitty car company wanting to fool you like we're a tech company (amazing tech coming soon (2013, no , 2014, no, 2015, no, it's coming boys, 2016 no, 2017 no, FSD soon guys 2019 final date, 2019 no, oh n o we're going into robotics now and AI, soon we're really good)

fan boys should just fucking neck themselves fuck this gay company