Why is Tesla stock down when its current most effective marketing channel is imminently expected to be subject to radical change with uncertain outcome, financed by loans with Tesla stock as collateral, and diverting the attention of Tesla’s CEO?
I've seen a crude comment on reddit summarizing the shorts thesis after twitter purchase by Elon.
"Musical acts need not to own the stadium they play in. If it flies, floats or....it's better to rent it."
As a perma Tesla long, I of course think they are wrong (as they have been wrong since 2013).
First and foremost Elon is not a musical act, he's the most accomplished entrepreneur in history.
(Twitter + Tesla + SpaceX + Boring Company + Neuralink) = X-Holdings
Just think of the immense possibilities and synergies of such a conglomerate with Elon at the helm.
If you thought Bershire Hathaway was something then X-Holdings would wipe that notion away, it's gonna be ginormus with a marketcap of at least 10x times what Berkshire has. It's going to make Elon a trillionaire overnight basically.
Complete destruction of the shortsellers and it would finally put Elon at the helm of a company big enough to take on the SEC and even the Biden admin. if they refuse to play ball and allow free speach across the board. Also the ability to put pressure on regulators to destroy the scam that it Blue Origin as they are trying to rob taxpayers of their hard earned money, whereas Elon would do it on schedule and under budget.
Elon Musk is the man who sees infinite.