Sell everything Elon Musk before it collapses

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If you have money in US stocks and especially something that Elon Musk is participating in, you should be prepared to lose big. I notice that media such as VG (E24), Dagens Næringsliv and Hegnar believe that everything is as before, but that is not true.

The US is in the country’s largest bubble, both in terms of the Warren Buffet index and the ratio between stock value and GDP. – It is now at 200%. In 1929, the ratio was 80%, while in the dot.com bubble it was 120%. – It is also especially in tech, a P/E that does not hang on at all.

Elon Musk, who is the all-time recipient of subsidies, uses his huge money bag to support right-wing extremists. With his Nazi salute, he has become too much for poor people who still own a Tesla. – The problem of owning a Tesla doesn’t go away with having a sticker that tells you didn’t know how bad he is.

Sales of Tesla have already declined, while the share price has gone up.

Why does Tesla have such a high value in relation to its finances? Elon Musk defines the company as a technology company and not a car company. – That’s why you can’t compare Tesla with, for example, Toyota. – While Toyota sells over 10 million cars a year, Tesla sells just over a million.

Tesla has yesterday, Sunday 2 February, a share price of 404.60 USD and a P/E (price-to-earnings) of an insane 198.5. Toyota, in comparison, has a P/E of 9.39 (share price JPY 2,974)

That is, if Tesla was rated with the same P/E as Toyota, the share price would be $19.13. – Think about that the next time you place a buy order.

Elon Musk has become the world’s richest on subsidy and stock manipulation.

Elon Musk has received more money in subsidies than any human in history. Billions of dollars, not only for Tesla, but also for Space X.

I don’t usually give financial advice, and luckily I’m not an economist, but the only thing you need to understand that it’s time to take a profit on your Tesla shares is to pay a little attention.

The world’s richest man Elon Musk has Norway to thank for being so rich. – We were the first to use taxpayers’ money to subsidize both the use and purchase of electric cars. – It is only a matter of time before the biggest bubble of all time bursts and sinks the market.

As Steven Fry said in an interview on Times Radio after Elon Musk’s Nazi salute during the inauguration of President Donald Trump: “Elon Musk is not a Nazi, Nazis made good cars.”

tabola