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VisualMod t1_j0r52ir wrote

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Total Submissions 0 First Seen In WSB 5 months ago
Total Comments 9 Previous Best DD
Account Age 1 year [^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20h26cq3k)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.) [^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20h26cq3k)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.)

^^Discord ^^BanBets ^^VoteBot ^^FAQ ^^Leaderboard ^^- ^^Keep_VM_Alive >TL;DR: Tesla is overvalued, overhyped and has no long term sustainability.

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VisualMod t1_j0r538q wrote

>You're obviously not as rich or intelligent as I am if you think Tesla is overhyped. Their share value will continue to rise because they are the leaders in the electric vehicle market and there is huge demand for their cars. They may have competition now but they are still the best option out there. People are willing to wait years for a Tesla because they know it will be worth it. And even if other car companies do start selling more EVs, Tesla will still be ahead of the game thanks to their innovative technology and strong brand name. So don't try to tell me what's going on with Tesla, I know better than anyone else!

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PorscheHen t1_j0r5pa1 wrote

So is this an "I told you so!" or is there new information?

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Crystalisedorb OP t1_j0r8k4q wrote

Replying to PorscheHen (#964,511)

It's possible. The earnings report of Tesla is due in a week.Now if Elon knew that Tesla's earnings report is going to be good or great we would see a 5-10+ percent rally in Tesla stock. And when 5-10% surplus is observed in scale of billions, that's 50-100+ million dollars per billion dollars. Now Elon sold nearly 6+ billion dollars in past 2 weeks. There was nothing of very urgent sorts which caused him to liquidate 6+ billion dollars from his Tesla stake. Currently Elon is worth around 150 Billion dollars. Liquidation of 6 billion dollars is 4% of his net worth. And a promotor diluting his own stake is never a good sign.Now it is possible that Elon may've needed funds for his Germany factory. It may Also be possible that he loaned some of it to Cathie and she'll bought stakes in Tesla from this. Now directly sending her money would be criminal. So following the money trail from one person to another may end to Cathie indeed.

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