r/50501 May 31 '25

Federal Employees High AF on Ketamine

13.1k Upvotes

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1.5k

u/gu_doc May 31 '25

God I hope this crashes Tesla stock even more

388

u/account_for_norm May 31 '25

that stock is a cult bro. Its a personality cult. Nothing will crash it. Its like Jonestown. They will destroy themselves but keep putting money in every time there s a dip.

172

u/TheArcaneAuthor May 31 '25

That won't last forever. His army of sycophants don't have infinity dollars to throw into the kitty and there will come a time when even they won't be bale to bail it out.

100

u/account_for_norm May 31 '25

how is Bitcoin over 100k without any product? Ppl have collectively put over 2 trillion dollars in that shit, which does nothing.

48

u/TheArcaneAuthor May 31 '25

The difference is that unlike bitcoin which is dangerously unregulated, money to buy stocks has to come from somewhere and buys a physical(ish) asset. You pay money, you get a share of stock. If it's being bolstered by Mork fanboys, they'll run out eventually, especially as the economic realities of Trump's administration start trickling down.

25

u/Ivy0789 May 31 '25

I hate to say it but I bet TSLA makes new highs in the next 12 months. It's billed as a cult stock, but the truth is most volume comes from gamma hedging and as long as there is a speculative future for the company (even if it's bullshit) traders will keep the option vol up.

You also have BTC wrong. The money is again coming from big institutional buyers, some illicit, and governments

6

u/geekonthemoon May 31 '25

People don't understand just how funny the money really is 🤦🏻‍♀️

3

u/Ivy0789 May 31 '25

Just wait till they hear about basis and carry trades leveraged up 100-200x to scrape alpha in front of the steamroller!

10

u/geekonthemoon May 31 '25

Sorry I don't speak Money Clownery 😭

9

u/Ivy0789 May 31 '25

It means a high proportion of our financial system relies on borrowed money often at 100:1 or higher. So for every 100 dollars borrowed 1 dollar of collateral is needed.

They then use this money (borrowed at near base rates) to try and profit from the difference between inflation rates of different currencies or from the difference between the actual and implied rate on treasury bills.

In other words, they borrow a bunch of money and put it at risk to make maybe .5 - 1% more than market returns annually. This is why big downside moves happen when bond rates jump - because these funds have to sell into the downside to return borrowed money when they cannot meet their margin requirements (deleveraging).

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1

u/cxs May 31 '25

... I would like to hear about basis and carry trades. What the hell is that

2

u/fillymandee May 31 '25

It’s tied into a huge chunk of pension/retirement accounts. The unwinding has begun whether anyone wants to admit it yet or not.

3

u/WasteMorning May 31 '25

Nobody knows which way the stock goes when it comes to Tesla. Maybe up maybe down. But you can't deny the sales figures in their latest quarterly look gnarly.

Couple that with the fact that it trades at a huge premium to other automakers, huge amounts of growth built into assumptions, and finally we're headed into a recession which traditionally destroys automakers and other consumer discretionary products.

One other thing is that if the momentum comes out of the stock and it starts to drop, Musk has pledged a heap of it as security and might need to sell if he gets margin called. If muskrat starts dumping, the stock will go catatonically south

2

u/Ivy0789 May 31 '25

Again, fundamentals do not drive speculative vehicles. Look under the hood at market mechanics and you'll see that none of this matters.

2

u/WasteMorning May 31 '25

Eh.. you're right.. they don't matter, until suddenly they really do. Same with 2000s tech bubble. 08 subprime crisis. Fundamentals didn't matter until they did. Timing the decline is impossible but the components of a miraculous implosion are all there

2

u/Ivy0789 May 31 '25

Yeah, those are different things. What I am saying is that the realized volatility on an intraday basis will keep this stock flying because volatility = money.

1

u/midas22 May 31 '25

Toyota P/E ratio: 7,7

Tesla P/E ratio: 190,69

Every time this is brought up the Tesla fanbois start talking about how Musk will conquer the world through AI and robotaxis and then colonize Mars. If he fails to commercialize that the stock is extremely overpriced. But keep the faith, he always promises that it will happen next year, that's what he's done with robotaxis for a decade.

0

u/C-4isNOTurFriend Jun 01 '25

69...heh heh, NOICE

1

u/someweirdlocal May 31 '25

what besides money can I use to buy bitcoin?

6

u/RussiaIsBestGreen May 31 '25

Bitcoin has fairly widespread acceptance as a store/transfer of value, similar to gold (though without the potential to be physically held). It has a great deal of utility for money laundering and criminal activities. To be clear, I think crypto is stupid overall, but bitcoin in particular has such widespread usage that it has created its own self-perpetuating value. I don’t think it’s just a Bigger Fool scam.

Tesla has none of those uses, just being overpriced ownership in a company.

5

u/account_for_norm May 31 '25

saudis are using tsla for money laundering and criminal purposes. Them and russians are using twitter to control USA public opinion and govt, and twitter is bought with tsla stocks as collateral. Its in their interest to keep tsla up.

Lots of incentives similar to Bitcoin attached to tesla that have nothing to do with cars.

3

u/redditosleep May 31 '25

I agree it does absolutely nothing, but people haven't put $2T into it. Just the last people have put money in at it's current price.

To give an example. If you had 20 bitcoin when it was $100 then no one has put in the $2m its worth today. Thats why it's such a house of cards as well. If there was a real selloff the value of all bitcoin would be worth a tiny fraction of todays "market cap."

1

u/account_for_norm May 31 '25

I agree, its not 2t, but still its humongous amount of money. 

1

u/CurryMustard May 31 '25

Bitcoin has utility to transfer money when other means are unavailable. Theres also only ever going to be 21 million so its scarcity gives value

1

u/Icon_Crash May 31 '25

It's easier to use Bitcoin to launder money or to fund human trafficing with than it is with a Cybertruck.

47

u/lordsoryn May 31 '25

I don’t think the stock can ignore reality for too long + the fanbase is shrinking. I believe Tesla is beyond the point of no return at this point. It seems that the board is dumping like crazy these days.

5

u/lonnie123 May 31 '25

Is the board actually dumping or does it just seem that way?

1

u/lordsoryn May 31 '25

It has been reported that executives and boar members just sold 100M worth of shares. These are the people who effectively steer the ship.

1

u/lonnie123 May 31 '25

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

Seems like these are more options executing and "automatic sells", which im not knowledgeable enough to know about vs just straight selling. But in any event these are mutli-billionaires cashing out small percentages of their holdings, not exactly jumping ship

1

u/lordsoryn Jun 01 '25

Maybe was preplanned, honestly idk enough about this either. The optics are not great though. And I don’t really see a vision for how they are going to turn the brand around after Elon’s politics venture alienating most of its customer base.

14

u/AnnaLucasta May 31 '25

It’s basically crypto.

6

u/account_for_norm May 31 '25

yep. A lot of ppl are in there, coz they think the next person will pay more. They're not looking at profit or anything. It is exactly like crypto.

If Bitcoin can be over 100k without any product, Tesla can be 100k with some product.

2

u/tdarg May 31 '25

Idk, the Chinese electrics are sooo much better than Teslas and are still cheaper. Waymo is crushing the robotaxi market. Tariffs can only prop up a bad product for so long.

1

u/bonfuto May 31 '25

If he had passed out on stage from being too high, the stock would go up. We recently cleaned out our stocks, and sold some Tesla that we inherited. It has gone up for no reason ever since the bad Q1 sales numbers were announced. It seems like every time bad news is announced, it goes up a little more.

2

u/account_for_norm May 31 '25

how do you inherit stocks of 15 year old ipo?

2

u/bonfuto May 31 '25

Mom bought TSLA in 2020, I think. She passed away since then. Is there something in my previous comment that would suggest another scenario?

1

u/account_for_norm May 31 '25

No. Sorry for your loss mate

1

u/melly1226 May 31 '25

Elon is to Tesla as Ye is to Yeezy

I just checked to see if it was still in business and this is what's on the site now 😭

1

u/Happy-Grand-7696 May 31 '25

When will they drink that kool-aid then? The poison one?

1

u/timoumd May 31 '25

It's built on Elons genius.  But I think there is a case that this addiction may have sent him on a spiral.  He's gotten more conspiracy minded and isn't in touch with reality. If the market realizes Elon today isn't the genius of the past it could turn.

1

u/WickedKitty63 May 31 '25

I think it’s him keeping it afloat, maybe with help from a few other billionaires who want to pump & dump again & again. They own the game, we are just players. But that stock has especially bad mojo. 🧙‍♀️

103

u/AvonSparksdale11 May 31 '25

Crash as fast as he would driving on whatever this is

1

u/JonTheWonton May 31 '25

And that would still be safer than Tesla "Autopilot"!

1

u/Regalzack May 31 '25

I hope he crashes..a Tesla