Do you hear that popping noise in the distance?It's the sound of libshits imploding https://www.forbes.com/sites/dereksaul/2024/10/24/elon-musk-gets-20-billion-richer-as-tesla-stock-rides-earnings-to-17-rally/Elon Musk Gets $25 Billion Richer As Tesla Stock Rides Earnings To 21% RallyThe world’s richest person got much richer Thursday as Tesla CEO Elon Musk enjoyed a major rally for Tesla stock after the electric vehicle company’s latest earnings report encouraged Wall Street.
Tesla’s share price spiked more than 21% by 3 p.m. EDT, building on the massive off hours trading surge.That came as investors reacted positively to the big third-quarter profit beat, the most cash generation in eight quarters and several encouraging tidbits shared by Musk on the accompanying analyst conference call, such as a prediction for up to 30% vehicle delivery growth in 2025, reversing this year’s 2% year-over-year delivery decline through the first three quarters.The earnings report “reminds us growing the auto business profitably remains a high priority for Tesla,” wrote Morgan Stanley analyst Adam Jonas, alluding to prior concerns about Tesla’s shrinking profit margins as it emphasizes self-driving car initiatives.Forbes ValuationThe rally added $24.8 billion to the fortune of Tesla’s largest shareholder Musk, whose lead as the wealthiest person alive grew to more than $55 billion, according to our calculations.Surprising FactThursday is on pace to be Tesla stock’s best day since May 9, 2013.Chief CriticDespite the overwhelmingly positive stock reaction, this wouldn’t be a Tesla event if it wasn’t polarizing. Bernstein analyst Toni Sacconaghi slammed Wednesday’s earnings call as “more akin to a pep rally” than a typical meeting, noting the company took an unusually light two questions from sell-side analysts covering the stock.Big Number$140 billion. That’s about how much market capitalization Tesla added Thursday. The rally turned the stock’s year-to-date performance from a 14% loss through Wednesday to an almost% gain.
TangentMusk reportedly received a letter from the Justice Department warning his pro-Donald Trump political action committee may be breaking federal law by awarding $1 million to certain swing state voters, as Musk becomes one of the biggest political donors this election cycle with his backing of the GOP candidate Trump.Further ReadingForbes4chan User Kills Themselves. Police Find Posters of Kamala Harris and Fentanyl In His Tent.By Derek Saul
The funniest thing about this election season is when Republicans pretend to hate the richest billionaires while simultaneously deep throating them.
>>1356001>*pop*
>>1356001I think Republicans enjoy billionaires who are a benefit to society, like the man who founded, built, owns and operates the world's most advance space technology manufacturer I mean, he contributes to society like most Republicans do while people like you smoke fentanyl in tents behind Starbucks and complain about Christopher Columbus and pronouns
>>1356003>>1356004>*slurp slurp* I'm sorry Mr. Musk I'll go faster *slurpslurpslurp*
>>1356005"Slurping off" a successful person who contributes to society is better than slurping off a criminal fentanyl addict who died committing a crime, like democrats did all throughout 2020
>>1356009being murdered by police isn't a crime, being a murderous cop is though
>>1356015you sure aren't american
he just never shuts the fuck up
>>1356028Nice ai post. Is it Claude 3 Haiku?
>>1355996Do you hear that popping noise in the distance?It's the sound of rightards imploding at liberals laughing at a retard and that which started this threadSo rightards love electric cars, which is the reason why a retard has the blue albatross that is Xitter round its neck, is a Brazilian judge's bitch, and was forced to say 'How High?' when Xinping ordered it to Jump for that Tesla Gigafactory in China: the price of Xitter denied the right to exist in that country.And when X was denied the right to exist in Brazil and Muskrat bent over to that judge, the EU smell blood. After all, if a bigger company than Tesla was forced to say 'How High?' re. USB C in the iPhone 15 when Brussels ordered Apple to Jump, Elon is nothing to governments.And the pointing & laughing at Musk continues.>>1356004 loves electric cars and a so-called 'billionaire' that gets subsidies. Republicans are Democrats after all. >>1356004 is worthy of being pointed and laughed at as well.
>>1356031This post an AIA retard that is laughed atAs is ol' Muskrat
>right-wingers: "The world is controlled by wealthy elites! They use their power, influence, and money to shape the world as they see fit, while fucking over the common man!">also right-wingers: "The world's richest man is now $25 billion richer! Based!"
The only thing literally imploding like a neonazi socialist right now is >>1356034 as others point and laugh also at Musk
>>1356034Based.Neo Nazi socialists are known for imploding, anyone who visits this board for the tourism like I do watch it happen on the daily
Neo Nazi socialists such as >>1356056 are known for imploding
>>1356004>I think Republicans enjoy billionaires who are a benefit to society, like the man who founded, built, owns and operates the world's most advance space technology manufacturerProof that you're a mindless dumbfuck CHUD. Musk didn't found SpaceX. He bought the company. You're literally cum guzzling billionaires based on fake news because a New York billionaire trust fund baby convinced you to. Re-examine your life.
>>1356057No applicable prepared responses in your employee handbook, eh?
>>1356058>Musk didn't found SpaceX. He bought the company.Did you try googling this before you decided to go and sound like a retard?Probably not, I imagine
>>1355996>Fuck yeah, billionaires! Billionaires I love it! Yes! Give me more billionaire cum!Conservatives truly are so weird
>>1356058Hindi, right? That's what they speak in India?Here you go, Rakesh https://www.google.co.in/search?q=स्पेसएक्स+की+स्थापना+किसने+की
It's desperate for attention again
>>1356059 does this for free and isn't recognized by its cult leader that is a failed employer that has a handbook written for it by Tony Schwartz
>>1356070Wow, ESL alert
>>1356075He's right you know
>>1356084Are you replying to yourself? Elon musk is the founder of space x
>>1356089Who gives a fuck? Dude is a trust fund baby who hired a bunch of engineers to make rockets. I have no clue where conservatives get this brainrot hero worship narrative from that Elon is some sort of genius.
>>1356099>Anon, I shouldn't have to point this out but this is how business works.You're correct - this is what needs to be pointed out to right-wing cultists. Lets skip the part where we first acknowledge the incredible hypocrisy of conservatives making fun of Democrats for being the "party of big corporations" just to turn around and deep throat the richest man in the world just because he supports Trump. These are the people that in this very thread are venerating Musk as some kind of science genius because he owns SpaceX - like he's personally in the lab designing electric cars and rockets. Its the same hero worship they have for Trump - a billionaire trust fund baby who inherited 400 million dollars then continued on to lead a life of abject business failure. Conservatives have adopted this delusion that having money somehow makes one smarter and better than others when the reality is that Musk and Trump are both some of the dumbest fucking people to ever walk the earth.
>>1356105>And you're very butthurt about that, in public for all to see. It's fun to see pure seething rage.Sure, anon, everyone who disagrees with you is butthurt and raging. What a great way to avoid ever having to make a coherent argument. >Tell that to the hillbillies, redneck, and flyover states.Yeah, they're very low IQ. They're the proverbial "temporarily embarrassed millionaire".>And if you were rich enough you'd be the leader of the dumbass triad. I mean, look at your fucking posts.I can't seem to find an argument anywhere in your inane ramblings.
>>1356108So, to summarize, you don't have a single reason why anything I said is wrong. Like a small child, all you have is name calling and "like wow ur so mad bro". Not a single coherent adult thought in your head. Got it. Thanks for your input.
>>1355996Liberals (Biden) are currently the ones ensuring Tesla has no competition from China, namely from BYD. Because if Americans could buy a good electric for $20k, and competitive-with-Tesla electrics for $40k, Tesla would probably be in trouble. Pete Buttigieg will tell you that driving an electric will save the planet, and the Biden administration will tell you electrics should be mandatory by 2035, but then they won't actually allow robust ev competition that would help far more Americans buy an electric. I guess the "drive an electric to save the planet" narrative is actually just marketing bullshit and nonsense from politicians who take lobbying bux. If it were actual critical to solving global warming, they'd want everyone to have one as soon as possible.
>>1355996Just read the report. They made $739 million from selling regulatory (carbon) credits. Not only are liberal leaders not imploding -- their policies are what enabled Tesla to have such a profitable quarter. Imagine taking political theater seriously.
>>1356120Why do we need specifically Chinese competition, rather than Japanese and European competition? Why do we need to boost the Chinese economy?
>>1356121>>1356120>pop, pop
The best part of reading this thread is the fact that the libbots literally cannot admit that Elon musk is the founder of SpaceX. It quite literally goes against their programming, proving without a doubt they are NPCs in the most literal sense of the term
The best part of reading this thread is the fact that the Peelons literally cannot admit that Elon musk is a subhuman retard. It quite literally goes against their programming, proving without a doubt they are NPCs in the most literal sense of the term
>>1356188Who founded SpaceX, libbot?
I guess we will never know who founded SpaceX because the democrat shill bots can't tell us
>>1356194>>1356229Because being born rich is equal to intelligence?
>>1356234Who founded SpaceX, bot? Please tell us
>>1356239Jesus
Why can't demobots tell us who founded SpaceX?
>>1356243Are the 'demobots' in the room now?
>>1356246Possibly, can you tell me who founded SpaceX?
Musk isn't Kelly Johnson, and SpaceX isn't Lockheed.Get back to us when youpersonally design and build a spacecraft that can get astronauts to Mars, Elon. Lockheed's engineers & scientists have with Orion, part of Artemis. 'To the Moon'? Get your ass to Mars, Muskrat. Every second you're not doing so, you and SpaceL fail.
>>1356239>>1356243>>1356249What is your deal with pointing out that Musk founded Spacex? He didn’t event anything, he didn’t build anything. He used his massive wealth to hire people who were already doing that job. If you have ever worked in a corporate job you know the owner doesn’t have a fucking clue what the fuck is going on.
>>1356249>>1356250How did these partisan idiots come to infest the /news/ board?
>>1356255>He didn’t event anythingesl alert
>>1356285You mean to tell me non-Americans use an American copy of a Japanese imageboard? I'm SHOCKED and appalled.
>>1356255None of what you're saying really matters to these people. Conservative minds have been completely taken over by hero worship and populist programming. Strongmen and charismatic leaders are all they look for, not any tangible leadership or value structure. Its the only way you can explain conservatives thinking that Trump, a trust fund billionaire, life long Democrat from New York with dozens of bankruptcies, ex-wives, porn star mistresses, rape allegations, lawsuits and failed businesses under his belt somehow represents the American "every man". They're children looking for a shiny, loud cartoon character to guide them through the world.
>>1356293Go smoke some fentanyl and worship a dead drug addict some more, maybe you'll finally get a real job and be able to move out of your tent behind Starbucks. Yes, successful people look up to successful people.
>>1356297>No argument>Herp derp, tent behind starbucks, herp derp/pol/ truly isn't sending their best and brightest. Also, the whole point is that Trump is not successful. He inherited his money and his business and has failed at almost every venture he's ever tried. Not only has he failed, he's been sued for half of them being blatant scams. You've been convinced Trump is successful because you're low IQ and you're entertained by shiny things like a monkey.
>>1356298>Trump is not successful. He inherited his money and his business and has failed at almost every venture he's ever tried.Considering he's a billionaire and didn't inherit a billion dollars, his *much* more successful than you and your empire of tents
>>1356298Looks like trump inherited $413m from his father and his current net worth is about 5.5bn.What's yours? I'd say trump is more successful than you, no matter how you try to cope that you not dying yet from your fentanyl addiction is a huge success
>>1356300>>1356301if you want to samefag effectively, next time don't post twice in a row
>>1356300>Considering he's a billionaire and didn't inherit a billion dollars, his *much* more successful than you and your empire of tentsYour comparison makes no sense and has no bearing on my criticism. A beetle is stronger than an ant. That doesn't make a beetle strong, anon. Trump may have more money than me and a lot of people but that doesn't make him a successful businessman. In the arena of businessmen Trump is an utter failure. Six bankruptcies, almost a dozen failed businesses, half of which ended in lawsuits against him for either defrauding his investors or his customers (see Trump University). Trump is dogshit at business. His businesses, in the 90's and 2000's was himself. The "Trump" brand. The giant tower. Golden toilets, the "playboy" image and leasing his name to put onto buildings he didn't own. Every time he started up a business that relied on him running it he failed. Bankrupt. Without his dad's inheritance and his reality TV deal that revived his relevancy he's more or less on par with your average used car salesman.>>1356301>What's yours? I'd say trump is more successful than you, no matter how you try to cope that you not dying yet from your fentanyl addiction is a huge successTrump having more money than me doesn't indicate any level of business prowess or success, anon. Lets not pretend like simply having money makes someone special or successful in way that should be admired. There's a guy on YouTube who eats expired stuff he finds at Goodwill and vomits it up on camera that's worth several million dollars. The Hawk Tuah girl has her own brand deals and podcast, okay? Please don't sit here and pretend like retarded people being rich and famous isn't an exceedingly common American trope.
>>1356321>*pop!*
>>1356321>There's a guy on YouTube who eats expired stuff he finds at Goodwill and vomits it up on camera that's worth several million dollarsKek even this weirdo is more successful than you are lol
>>1356321>reddit superfaggot tranny rat fucketernally mentally ill rent free living. another /news/ extreme homosexual kek
>>1356346>mom I said it again
Every latest photo of Musk shows signs of facial decay over time.