Why Nostr? What is Njump?
2024-06-12 19:41:40
in reply to

MarjorieR on Nostr: getting rid of Musk would improve Tesla as a motor manufacturing company. The problem ...

getting rid of Musk would improve Tesla as a motor manufacturing company.
The problem is the share price is currently inflated well above market fundamentals in part by 'magic' Musk related hype and getting rid of Musk would probably tank that.
The logical action of any profit-motivated current investors would be sell their stakes immediately and leave the Musk Fan club investors to live with the consequences: share value dilution from the Musk bung and the subsequent collapse of the price bubble.
Its very similar to the Truth Social valuation in that respect.
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