₦airaland Forum

It was never real in the first place .

Just a Ponzi scheme on a digital dashboard .

Tesla is yet to pay dividends to its shareholders since it's inception over ten years ago .

And none of his shareholders are complaining because as long as the Ponzi scheme shares keep rising , they are happy to use it to borrow loans .

The whole system is rigged and all of the top 20 quoted stocks on the NASDAQ and NYSE, do not generate enough revenue to justify their share pricing.

It's all a scam.

That Space X IPO is a fraud and the markets are starting to realise it. I've been doing some follow up on the documents and it is alarming that the exchange would even allow what is a blatant money grab.

Stephen0mozzy:
I don't think Elon gives a rat's ass about Trillionaire status. All he needs if he cared, is to sell X (Twitter) and balance up.

He already made his creditors whole with the fraudulent space X IPO they are all in on it. I'm going to be checking that my pension plan managers are not too heavily exposed. The real loosers are the general public any one who has a pension plan in America is really in danger

AUDIO TRILLIONAIRE,

ANY BILLIONAIRE OR TRILLIONAIRE THAT HIS MONEY ISN'T LIQUIDATED IS AN AUDIO AND FAKE ENTITY.

AS FAR AS I AM CONCERN, THE RICHEST MAN IN THE WORLD IS WARREN BUFFETT, ALMOST 150 BILLION IN LIQUIDATED CASH. YOU CAN'T BEAT THAT......THE REST ARE AUDIOS, MOVING UP AND DOWN WITH STOCK MARKET.

Dogalmighty17:
He will loose more. His companies are overvalued. While Tesla is the world's leading EV producer, it doesn't even rank among the top 10 vehicle manufacturers in the world. The company currently has a market cap of 200 billion dollars.

I understand that SpaceX has huge potentials. That intrinsic value is what drives its market worth into trillions but investors are begining to see into the hype.

Mind you, Elon still hasn't paid the banks for the money he borrowed to buy twitter. He doesn't have it. He and his companies are coasting on vibes. The moment he dares sell any stock, the share price of X will collapse. He knows this and that's why he quickly forced himself to associate with Donald Trump.

Space X has a no real value they can't even deliver on their core goal of galactic travel . It's not economically viable and they are decades off technically. Like someone already mentioned this is a pump and dump and the ehol SEC is in on the fraud.

Elon doesn't care he's just trying to square up the big players he owes from the twitter purchase and his debts.

His only business that makes money is starlink

manuelkel:
The word “con-man” is a perfect definition of Musk. I always told my bro Musk is a cheat, you can't hit such landmark without cheats.

What prevents YOU from cheating too? Na only question I ask o

uunwanaobong3:
AUDIO TRILLIONAIRE,

ANY BILLIONAIRE OR TRILLIONAIRE THAT HIS MONEY ISN'T LIQUIDATED IS AN AUDIO AND FAKE ENTITY.

AS FAR AS I AM CONCERN, THE RICHEST MAN IN THE WORLD IS WARREN BUFFETT, ALMOST 150 BILLION IN LIQUIDATED CASH. YOU CAN'T BEAT THAT......THE REST ARE AUDIOS, MOVING UP AND DOWN WITH STOCK MARKET.

You'd have been right if it weren't for the BANKS! The banks will be begging these guys to come borrow that amount you say is audio and more! What is more liquid than that? Please answer that question

Afrojuju2017:
Space X has a no value the can't even deliver on their core goal of galactic travel . It's not economically viable and they are decades off technically. Like someone already mentioned this is a pump and dump and the ehol SEC is in on the fraud.

Elon doesn't care he's just trying to square up the big players he owes from the twitter purchase and his debts.

His only business that makes money is starlink

Space X is an AI company NOT galactic travel company. See below

QuinQQ:
Space X is an AI company NOT galactic travel company. See below

Which is the ceux of my position, nowake itake sense are they an AI company or a mobility company

Felon is a piece of shyte. SpaceX going public is fraudulent with that valuation.

Afrojuju2017:
Which is the ceux of my position, nowake itake sense are they an AI company or a mobility company

wonlasewonimi:
Felon is a piece of shyte. SpaceX going public is fraudulent with that valuation.

The AI is what makes it worth so much because AI is the future.
The market determines a company's worth. The more people want to buy it, the higher the price. No one is forcing anyone to buy it!

View once trillions 😆

He didn’t loose nothing.
It's all drawdown/ retracement to gather even more momentum to go higher.

Wotowotoman:
Ogbeni shut up and stop yearning dust. Person wey study Physics na wetin? Person from young age wey dey teach himself computer programming and computer coding and was building computers at 12 na wetin?

See as you just open mouth waaaaa to yearn wetin you no sabi. Which kind thing be this? Chei, to drop konk for person bald head just dey hungry me walahi

That’s the marketing I told you that you swallow. He didn’t even major in physics and building computer at 12 is part of the lies people like you swallowed.

Elon does not even though the chemical properties of oxygen. The dude is an investor and marketer. He is not a science guy!

Companies valuation are based on future prospect not current performance. Investors believe tesla will achieve full self driving before anyone. If that happens the share price will even sky rocket to the moon. So its a if not a SCAM as many of you here keeps mouthing. Also, no tesla investor is looking for dividend payout when the stock its self has appreciated 200X.

For Spacex, any experienced investor familiar with IPOs in the US know that you dont touch an IPO stock in its first 6 months of listing. You wait for price discovery before buying. This is not peculiar to spacex although the spacex valuation maybe slightly too high but in the end the company's fundamentals are quite strong and there is a big moat in their space travel business.

Wotowotoman:
Ogbeni shut up and stop yearning dust. Person wey study Physics na wetin? Person from young age wey dey teach himself computer programming and computer coding and was building computers at 12 na wetin?

See as you just open mouth waaaaa to yearn wetin you no sabi. Which kind thing be this? Chei, to drop konk for person bald head just dey hungry me walahi

so you were there when Elon was learning programming at 12 years. I bet you haven't got the foggiest idea Elon' dad was wealthy after ripping south africa of their valuable resource. Elon never built computers. Listen to him and stop arguing

AndroBlaze:
Someone who knows what he is talking about.

Musk is the biggest con man since Carlo Ponzi.

did the trick with PayPal he is still learning from his uncle though Mr Donald Trump. Capitalism at its peak,

HacheNoire:
That’s the marketing I told you that you swallow. He didn’t even major in physics and building computer at 12 is part of the lies people like you swallowed.

Elon does not even though the chemical properties of oxygen. The dude is an investor and marketer. He is not a science guy!

abeg make una leave that guy jare

HacheNoire:
Only newbies didn’t know that spaceX stock was a pump and dump!

Elon is not a scientist or Engineer but the best marketer the world has ever seen. The moment you know that fact and current world trends, you start to have an idea about his game plan.

My forecast, he will go lower on paper and fools will pay the price. But on real figures, he is already a trillionaire

Hes not a scientist or engineer but built startups and sold them for millions of dollars.

Built Tesla from oblivion to a billionare dollar company? The fact he hires other scientists or coders or engineers doesnt mean he isnt one. He has yo delegate roles. Same thing steve jobs did with apple.

U reduce his work to ordinary marketer?

U have to 1st create something marketable to market it. Those shares will soon go up like Tesla.

All that happened was a correction and most investors bought it at the initial rate b4 it went up and dropped.

Dogalmighty17:
He will loose more. His companies are overvalued. While Tesla is the world's leading EV producer, it doesn't even rank among the top 10 vehicle manufacturers in the world. The company currently has a market cap of 200 billion dollars.

I understand that SpaceX has huge potentials. That intrinsic value is what drives its market worth into trillions but investors are begining to see into the hype.

Mind you, Elon still hasn't paid the banks for the money he borrowed to buy twitter. He doesn't have it. He and his companies are coasting on vibes. The moment he dares sell any stock, the share price of X will collapse. He knows this and that's why he quickly forced himself to associate with Donald Trump.

Afrojuju2017:
Space X has a no real value they can't even deliver on their core goal of galactic travel . It's not economically viable and they are decades off technically. Like someone already mentioned this is a pump and dump and the ehol SEC is in on the fraud.

Elon doesn't care he's just trying to square up the big players he owes from the twitter purchase and his debts.



His only business that makes money is starlink

U guys are newbee Nay sayers, go and ask they naysayer who said tesla and spacex where scams decades ago howfar they have all turn to fans publicly or privately.

Some criticize him publicly but are buying his shares secretly. Lol

Hehe see bad Belle from people with 2k as account balance 😆

Opinedecandid:
That, to me is a very little and inconsequential setback. He'll recover and get back up before the year ones out.

By next week! He will be trillionaire again even today.
Stocks goes up and down!

Omoawoke:
All figures on papers

Does that mean he can no longer afford things he use to afford when he became a trillionaire??

No all paper works

Thankfully for him.

Unfortunately, we can’t say that for the Nigerians who have become extreme poverty paupers since the master strategist went to Kaduna to beg Buhari out of retirement to make Jonathan a one term president. The same Tinubu called Buhari expired in 2011 and made him cry like a baby on tv four years earlier o

Why do you think Jagaban of Borgu is so wicked to his fellow Yorubas, fellow southerners and even the entire Nigerians? Is it just selfishness, greed or a demonic thing




https://www.youtube.com/watch?v=Y5Tta19OYEE?si=HknaDB2bw8FaAD3r

Nemere2020:
The Minister of Finance and Coordinating Minister of the Economy Chief Olawale Edun has said the last time Nigeria’s economy looked stable was about a decade ago.

He made this statement during his maiden press conference as Minister of Finance where he outlined President Bola Tinubu’s vision, agenda and strategy for the economy.

He said, “I think as we all know, we are not where we should be. The economy is barely growing above the rate of population growth.

“But it was not always so, and I think in trying to look at the way forward, if we now have a situation of slow growth, double-digit inflation, weak/depreciating exchange rate, as well as security concerns that are resulting in an economy that is not growing and not taking Nigerians out of poverty.

“If we think back to the last time when the economy was stable- when it was growing, when inflation was low, and the interest rate was affordable, that period was about a decade ago. Growth was about 6% in 2013 and 2014.”

https://nairametrics.com/2023/09/01/the-last-time-nigerias-economy-was-stable-was-about-a-decade-ago-wale-edun/

JuanDeDios:
Funny. X is a part of his net worth. Selling it MAY raise cash for him but won't increase his net worth.

Most people don't know the meaning of net worth

Elon musk wealth is like a gamble

JuanDeDios:
Funny. X is a part of his net worth. Selling it MAY raise cash for him but won't increase his net worth.

Oh i see... Thanks for the clarification 🙏🏾

Wotowotoman:
Ogbeni shut up and stop yearning dust. Person wey study Physics na wetin? Person from young age wey dey teach himself computer programming and computer coding and was building computers at 12 na wetin?

See as you just open mouth waaaaa to yearn wetin you no sabi. Which kind thing be this? Chei, to drop konk for person bald head just dey hungry me walahi

lolz 😂 people wey dey drop lamba plenty for Nairaland I don't even know who dey are trying to impress

Boss will still definitely bounce back

As he no gree sow seed na the result

Dogalmighty17:
He will loose more. His companies are overvalued. While Tesla is the world's leading EV producer, it doesn't even rank among the top 10 vehicle manufacturers in the world. The company currently has a market cap of 200 billion dollars.

I understand that SpaceX has huge potentials. That intrinsic value is what drives its market worth into trillions but investors are begining to see into the hype.

Mind you, Elon still hasn't paid the banks for the money he borrowed to buy twitter. He doesn't have it. He and his companies are coasting on vibes. The moment he dares sell any stock, the share price of X will collapse. He knows this and that's why he quickly forced himself to associate with Donald Trump.

Tesla isn't the world's leading EV maker anymore. BYD took that crown a while ago.

At this point, Elon doesn't run companies, he runs a religion. The product isn't cars; it's hope. Every year it's "next year we will build robotaxis, we will go to Mars, we will make humanoid robots, we will achieve AGI..." and the congregation says, "Amen." 😜

And let's not pretend that valuation is all Tesla. Bro had to bundle Tesla, SpaceX, xAI, and X like a Black Friday combo deal to keep the "richest man alive" narrative going. The hype is doing as much heavy lifting as the balance sheet. 🧐🤤

QuinQQ:
Space X is an AI company NOT galactic travel company. See below

What do you mean by space X is an ai company?

Like most companies, Ai is incorporated in space X. The company is multi dimentional. This is like calling blueorogin an ai company.

Anti-christ... he's got the world already. Lol