Play the attrition game for a couple of years, huh?
Then let's walk through the math, and review Elon Musk's own words and numbers...
Why you should NEVER believe Elon Musk! (Part 33 ⅓):
https://www.youtube.com/watch?v=YrwkNp_AOjQ&t=2m58s
[...]
>But Musk is adamant that his amazing decision making is what drives what happens at Tesla.
>It is Tesla that has lost HALF A TRILLION DOLLARS, five hundred BILLION dollars off its market cap this year.
>But Elon Musk was so proud about the money he could save Tesla in a half hour meeting.
>"Every good hour or even minute of thinking about Tesla and SpaceX has such a big effect no the company..." -Elon Musk
https://sadtrombone.com/
https://www.nasdaq.com/market-activity/stocks/tsla/historica...
>"...and that I really try to work as much as possible, you know, to the edge of sanity, basically." -Elon Musk
>Yeah, it's only because of Elon Musk's hard work that Tesla has lost over 50% of its value this year.
>"Every high quality minute of thinking is a million dollars impact on Tesla." -Elon Musk
>Oh, oh, it was so close. If he'd said that every minute he spends alive he causes a million dollars damage to Tesla's market cap.
>"I mean, there are many instances where a half-hour meeting -- I was able to improve the financial acumen of the company by $100 million in a half-hour meeting." -Elon Musk
>Let's see. Tesla's market cap is about $500 billion dollars. And it's lost about half of its value this year. Meaning that Tesla has lost some $500 BILLION DOLLARS in market cap this year.
>For perspective, that's about TWICE the market cap of Walmart.
>So let's see, $500 billion dollars in a years, there's roughly 10,000 hours in a year, so EVERY HOUR THIS YEAR, thanks to Musk's brilliant leadership, Teslas's lost about $50 MILLION DOLLARS of its market cap, give or take $1 MILLION DOLLARS for EVERY MINUTE Musk has been alive this year.
>"Every high quality minute of thinking is a million dollars impact on Tesla." -Elon Musk
>You've been watching this video for about five minutes. The time it takes Elon Musk to $5 MILLION DOLLARS OF DAMAGE to Tesla stock.
>And this might give you some insight into why buying BURNING CANCER was still more valuable to Elon Musk than Tesla stock. Damn straight!
>What he can do for Tesla, he can do for Twitter.
>Now, Elizabeth Holmes this week got sentenced to ten years in jail for lying to investors, eventually resulting in a loss of about $10 billion dollars of the market cap of the company.
>Musk has been leading Tesla to lose market value at the rate of about a Thernos EVERY WEEK!
>And I should stress, one of the reasons Holmes got off so lightly -- yes, 10 years is lightly -- is she hadn't unloaded the stock when it was massively over-valued on her false promises.
>That is, she claimed that her heart is in the right place. And that she hadn't clearly pumped the stock up and then sold loads of it.
>I mean, it's not like she promised self-driving cars that would give you 100% return on investment with zero risks.
>"You say, what would be the probable gross profits from a single robo-taxi. We think probably something on the order of about $30,000 per year, and we expect to have the first operating robo-taxis next year. With no one in them. Next year." -Elon Musk, 2019
>And that they would be ready by 2020. Then after the stock explodes in value on a promise that would make most Ponzi schemes seem believable.
>Selling some $30 BILLION DOLLARS worth of stock.
>I mean, I'm not really a stock market guy, but I think this called "Pumping and Dumping". Let me see:
https://en.wikipedia.org/wiki/Pump_and_dump
>Pumping and dumping is an ILLEGAL scheme to boost stocks and security price based on false, misleading, or greatly exaggerated statements.
>"Like the Model S and Model X, at this point, can drive autonomously with greater safety than a person, right now." -Elon Musk
>"The convoy technology, the tracking technology, this is something that we are confident we can do TODAY 10 times safer than a human driver. I WANT TO BE CLEAR, this is something we can do NOW!" -Elon Musk
>Huh. But let's leave the legality of Musk's billions on the side for a second. And for those fans adamant that Musk bought Twitter for the greater good.
>"...function of Democracy. It's important to the function of the United States. I don't care about the economics at all." -Elon Musk
>"This is not about the economics. It's about the moral good that you think it will shape..." -Sycophantic Interviewer
>Maybe now is a good time to remember that Musk spent most of the summer filing lawsuits to try and wiggle out of buying Twitter. Trying his hardest to renege on the deal.
[...]
It's well worth watching the rest of this hilarious and fact-filled chock-full-of-Musk-quotes video, and the entire series, as Thunderf00t publishes more every time Musk lies and loses billions of dollars, which is quite often:
https://www.youtube.com/@Thunderf00t/videos
The Tesla-Bot videos are so much more side-splittingly funnier than any episode of Silicon Valley or Futurama or Rick and Mortey ever, but it's 100% totally true:
Tesla-Bot BUSTED: Why you should NEVER believe Elon Musk!
https://www.youtube.com/watch?v=JN-kajBcyew
Tesla AI Day 2!!!! ITS HERE!!!!
https://www.youtube.com/watch?v=Qxth7F8Y5jM
The Tesla Bot: BUSTED!
https://www.youtube.com/watch?v=rmkFrv80b7Y