Friday, 9 May 2025

First US pension fund stops buying Tesla shares, should sue Musk for economic malpractice ChatGPT, Tesla s fate show the current generation of US CEO s are serioulsy incompetent

Tesla stock is now kept up only by hype

That hype wll soon give way to the sober reality of crashing sales and profits with no recovery in sight.

A US pension has now stopped buying Tesla shares. Indeed, Tesla shares could lose 80 % of its value if the dot com bubble is anything to go by.

https://fortune.com/2025/05/09/pension-fund-tesla-lehigh-elon-musk/ 

At the end of the day, investments are supposed to pay. They are supposed to produce profits. Companies need to be able to sell products at a profit.

Investors are supposed get a share of that profit either as dividends or as a rising share price. 

When companies cannot sell products, make huge losses, then investments in them, in their shares make no sense. A rising share price makes no sense.

Investments in collapsing companies like Tesla can lead to catastrophic losses if and when overpriced shares collapse to reflect economic fundamentals.

Now  that Tesla s profits have falled 70%,  it is quite possible the share value will fall 70% too.

And Tesla may never recover. 

Never before has a CEO destroyed their own company s market so quickly as Elon Musk.

Musk does not so much dream of space. He lives in space. In outer space. In a fantasy world. In an ivory tower, encouraged by a circle of overpampered Billionaires and censored media.

Simple economics dictates that there must be demand for a supply. There must be buyers for cars. Buyers must have cash. They must have jobs.

As a side effect of the privatization of the Fed in 1913, and the hollowing out of the real world economy by debt and interest, the Fed gov has become the main engine of US growth.

The gigantic trillion dollar Fed deficits have been largely fuelling what is left of consumption and keeping many businesses in the US afloat, also Tesla

Yet, Musk could not grasp that by cutting the deficit by 51%, cutting trillions, would devastate demand for all products and also for his cars.

Federal DEI workers were probably a big part of Tesla s customer base.

Tesla is a car which appeals to the WOKE, the ESG crowd. It is not a car for people who want to get from A to B with the least hassle and cost.

It is an overpriced computer on wheels hard to maintain and easy to hack.

It is not even environemtnally friendly because the electricity it uses often comes from fossil fuel sources.

Wrap your mind around the IQ of Musk.

Musk could not foresee that when he and DOGE of Fed spending, likely illegally because it was regular spending on vital services mandated by Congress, he was destroying his market, the market for Tesla cars, in the USA!

Even a ten year old can get the connection, the cause and effect of cutting demand and less supply.

If you say to a ten year old, they can only have one euro to buy an ice cream, they get they can only buy a small ice cream.

Musk could not foresee that Trump s MAGA base and the American public did not vote for Soros and Gates to roll out authoritarian, corporate fascism wrapped in the US flag, for mass impoverishment and sweat shops. 

He could not foresee that when he made the Hitler salute, called for judges to be impeached for due process and jack booted it all over the American people s rights and money, cutting trllions in services with no aurhotity and only to enrich himself and enhance his fantasy of being some genius destined to lead a super race to space, he was going to become one of the most loathed individuals ever, the very symbol of corporate fascism.

Musk, Gates, Soros, Zuckerberg and co have vastly overestimated their abilities.

The self styled geniuses are the product of an  rigged and corrupted economy and censord media.

After the OpenAI, ChatGPT debacle comes Tesla.

The notion these billionaires can build space cities, missile domes, underground bunkers that actually function, let alone, an advanced civilisation is fantastical.

US pension funds can use the Greek prosecutor probes to sue Musk for joining Soros, Gates in a conspiracy to silence vital economic information about the deficits, debt and how to correct it.


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