this post was submitted on 17 May 2026
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Okay, so there's going to be no dividends because it won't be making profit, and the stock price is going to be manipulated by Musk, who's already shown he'll say weird shit on Twitter to drop Tesla's price when he wants to buy some shares back. And on the other hand, the growth part of the equation is also predicated on him saying crazy shit on Twitter. He can't be voted out either.
Crypto seems like a better fucking investment at this point. I hope his IPO fails, but everyone's so hyped up on infinite growth in stocks that are already overvalued that there's just way too much stupid money going around right now.
That's all well and good, but if you consider how rich he is, and how he has rich friends who probably share his ideals, it becomes fairly obvious that this is the rug pull of the century. Otherwise if he doesn't want to be liable for making number go up, he could make sure that only people who agree with him own any stock rather than going public.