We should treat him like an Egyptian pharoah, and entomb him with all of his cabinet members.

Hey listen: California is vital for Denmark’s security, for some reason. Also, the Danish prime minister was snubbed for the Nobel Peace Prize, so that means that they’re going to invade us if we don’t comply with the sale.

Yup. X is a cesspit of Nazi pieces of shit. Nazis gonna Nazi.

DHS released this as an official statement:

ICE officers in Minneapolis were conducting targeted operations when rioters began blocking ICE officers and one of these violent rioters weaponized her vehicle, attempting to run over our law enforcement officers in an attempt to kill them—an act of domestic terrorism.

An ICE officer, fearing for his life, the lives of his fellow law enforcement and the safety of the public, fired defensive shots. He used his training and saved his own life and that of his fellow officers. The alleged perpetrator was hit and is deceased. The ICE officers who were hurt are expected to make full recoveries.

Of course… there’s video online of the incident already, and naturally it shows that that statement is complete horseshit (not that anybody had any doubts about that). This will probably get taken down soon, but here (NSFL):

https://xcancel.com/i/status/2008961959731859757

Welcome to the culture war I guess, Calibri. God, this timeline is dumb.

Man, fuck the NYPD. Protectors of traitorous Nazi scum.

And UFC.

And if the vote never materializes, or ends in inevitable failure, will you apologize for posting stupid fucking hypotheticals like this one?

White Anglo-Saxon Protestant. It’s a term that’s typically used to refer to blue-blood old money New England types.

I was using some facsimile of “comedic effect” in an attempt to make a joke.

How recently was he hanging out with Elon Musk?

I don’t… I really don’t understand what’s happening here. Are you pretending to be stupid to troll me or something? Is this how you get your jollies? By pretending to have a room temperature IQ to strangers online? Is it some weird kind of kink or something? Bro… are you using me to get your rocks off? Not fucking cool, man. You don’t just drag strangers into your kink. I did not consent to that shit. Go do your whole humiliation fetish thing somewhere else.

Alright, bud. I’d be very interested in seeing what math you do to make the $7 bn net income from FY 2024 (which I mentioned) into something other than $7 bn. Or the $122 bn total assets & equity (which I also mentioned) into something other than $122 bn. Like… what the fuck are you even talking about?

Source I’m using:

https://www.nasdaq.com/market-activity/stocks/tsla/financials

Hahah yep there we go… You haven’t been using publicly available data cause as far as I can see you haven’t referenced any number from their financials once

Err… what? I’ve referenced several numbers from their financials. What the fuck are you talking about?

If you want to know what their assets are worth without any fluff go right to their balance sheet

Uh yeah - I quoted that. Seriously, didn’t you say that you read everything I wrote? You couldn’t be bothered to skim it before posting this just to make sure you didn’t look like a dipshit when you hit reply?

Is this some sort of ploy to salve your ego in advance or something? I mean, Jesus. That’s truly pathetic.

Alright, well, I showed you mine. Let’s hear your valuation & rationale. My numbers are all based on the publicly available data. Let’s see what you got.

Also your valuation is still wrong hahaha. You thinking Tesla should be $12 and being able to prove that out with a fact pattern are two different things.

Well, you are at least correct about one thing. I was incorrect about the $12 stock price. In my defense, I wasn’t looking at the numbers at the time, just spitballing it. But going with the $45.5 bn valuation I mentioned previously, and their 3.5 bn outstanding shares, that would put the price per share at $13. I humbly accept the humiliation that comes with getting a hypothetical stock price incorrect by 8%.

I’m assuming here but I’m guessing you’ve need read a financial report, never done a dcf, have no idea how to model an investment and don’t know what PE ratios actually means.

I mean, I did allude to the fact that I think you might be an idiot before, and since you said that you read everything I wrote, I’ll just leave it at that. You’re not helping your case by being so hilariously wrong here.

Hey do me a favor let me know where I said Tesla was properly valued?

Are you slow, or something? This entire thread started because you were whining about people being hurt by Tesla losing money. Then, when I pointed out that it’s a bloated piece of shit and cited a valuation that was in the right ballpark, you said: “I don’t think you understand how valuations work”.

So, were you lying then, or are you lying now as you’re pretending that you agreed with me the entire time that Tesla is overvalued?

I don’t think you understand how valuations work.

My guy. Jesus. Just stop. Please don’t tell me that you think that Tesla, a car company with a bit more than a third of the global assets of Ford, and with less than half their yearly sales, should have a market cap 18 times higher than them. You’re embarrassing yourself.

Tesla’s valuation, in a rational market, would (like most other stocks) be in line with their industry. You take the assets, subtract the liabilities, and multiply by an industry-specific value to represent their potential for long-term growth. For Ford, that value (PE ratio) is 6.90. For GMC, it’s 7.73. Since Tesla has far fewer global assets than Ford and GMC (~$122 bn for TSLA, $285 bn for F, and $280 bn for GMC), it would be generous to give them a PE ratio of 7, even with them being involved in industries other than auto manufacturing. Let’s say 6.5 would be a reasonable PE.

6.5 times their $7 bn in earnings in 2024 would be a market cap of $45.5 bn, which is almost 16 times lower than their market cap in December of last year.

By any rational metric, TSLA is a bloated piece of shit. The fact that you think otherwise either means that you don’t know what you’re doing, or you’re an idiot.

Bro… do you think that Ford and GMC don’t own land, machinery, buildings, etc? That’s part of the fucking valuation.

And christ - the market is completely irrational. It valued a piece of shit like $TSLA at $480, for fuck’s sake. No telling what the fuck is going to happen in a year. Your supposition that the market will do what it’s “supposed” to do to poorly valued stocks indicates that you don’t have a whole lot of experience staring that particular beast in the mouth.

Well, first of all, I didn’t copy paste shit. Secondly, I think the Dutch tulip theory is a completely apt way to describe something whose price is so completely disproportionate to its actual value. Thirdly, I have been tracking this shit for years, now, and I know a little bit about what I’m talking about.

I understand that a lot of people have tesla in their portfolios, either directly or through index funds. That doesn’t change any tiny bit of the point that I was making, which is that the stock is 100% based on hype alone. Stocks based on hype are not reliable - just look at $GME. So whining about the stock going down because people are mad at Elon and torching a few cars is fucking dumb. The stock could go down because of a rumor, or because Elon says something stupid at a convention, or because of any number of things. It’s vapor.