/biz/ - Business & Finance

You absolutely can sell houses and cars you don't own.

He sells cars that have no real world application beyond the eco environmentalists.

I can't take anything this guy says seriously.

>>26887936
The management firm or the car dealer own the houses or the cars that he entrusts you to sell

>>26888040
He sells flamethrowers too you limp dicked faggot.

>>26888040
>He sells cars that have no real world application
Are you actually this dumb?

and what are people really going to do about it? bitching on Twitter won't make people buy tomorrow.

>>26888040

Funny considering in my country and most of Europe the sale of combustion based vehicles will be banned in 2030 in favour of EV's. Spotted the shortseller

>>26888040
he's reddit's second favourite meme man but sometimes he does speak for the commonfolk which is nice given he's the richest kike of all and people flock to his word

>>26887613
>PLZ BAN SHORTING BEFORE THE TESLA BUBBLE POPS
he knows what's coming

>>26888459
>he's the richest kike of all
irony at it's finest

>>26888582
Tesla was one of the most shorted stocks in the world for years on end.

>>26888459
>Reddit meme man
>Reddit downvotes all his threads claiming emerald mining and slave labor lithium mines.

>>26888582
BOBO PLEASE LEAVE US ALONE I'M SCARED

Lol this dude is out for blood. those tesla shorters got him real mad huh

>>26888040
>He sells cars that have no real world application beyond the eco environmentalists.
So youre telling me I cant use my tesla to drive to work or get the groceries? What other practical use does a car have aside from transportation?

>>26888582
>implying this new era of cucking shorters is going to end
this is the start of a new era in stocks, anon, anything guaranteed to plummet with high short % will be given its chance until the last moment where those shorts will get memed on hard

>>26888122
Elon Musk sells cars that belong to the workers that made them with their labor power. He steals the cars because the government lets him, and then sells them.

>>26887613
>our guy
Not really. People on this board frequently short-sell.

>>26887936
You obviously meant car loan or mortage, but technically you still are the owner and therefore can sell

What is your status? -34% here.

>>26887613
only idiots get upset about shorting. It's part of the game. Getting mad your literal market manipulation pump and dump backfired is peak retard hypocrisy

>>26889148
Nope.

This is what I meant >>26888929

>>26888885

You'd be mad too if copper swiping cretins were orchestrating an assault on your life's work to line their pockets

>>26889204
Dont think hes really mad, just using this as great timing to pump tsla against shorters

>>26888929
if that's the case, why don't you just make a car in your garage and sell it?

>>26887613
Nooo don't short my meme stock. Elon is one of the biggest conmen in the world

>>26889204
>It's part of the game.
it's part of a very jewish game that thrives on killing off actual potential for growth

share this with all your normie bluepilled friends

>>26887936
someone owns the real assets. the banks you owe mortgage to don't just pretend to have 1.3 houses for every home loan they service.

Didn't this nigga sell solar roof tiles he never owned?

>>26888317
>>26888317
He sells the idea of libertarianism to poor libertarians

>>26887936
no dude. the equivalent would be you walk into a dealership and say hey man let me take out a loan for this car then you go and sell the car to the customer standing next to you then after the car loses value you buy back the car from that customer at the lower price and then sell it back to the dealer for the original price and profit the difference.

yep.

>>26887613
Oh my god he is a retard, or troll, or both.

>>26889181
Only -15% for the day because the wonderful MIC stocks decided to do well. I guess having a Neo-con/Neo-lib back in office to do some chickenhawking is good for something after all.

>something that can easily be done in an active market of fungible, digitally held
investment assets through a network of brokers and exchanges with a system in place for marking to market isn't also done for illiquid, non-fungible consumption assets like houses and cars
WTF

>>26889820

He's making the pitchforks so that he won't end up on one

>>26889322
The world's richest man is mad that they were trying to make money off him

>>26889181
i actually sold my amc shares from $4 at $19 yesterday night because i had an overwelming feeling that i should get the fuck out; usually don't feel that, but amc was 300% up

i have my nok shares and was going to buy more today but that was also controlled by the joos

>>26888929

Fuck off Commie, did the workers pay for the materials to construct said vehicles? No, they entered a voluntary contract that stipulated they construct vehicles in exchange for a wage; voluntary being the operating word here. Take your blood soaked wet dreams of Communism and drown in them

>>26889181
-30% I'm so fucking pissed that I missed buying the 120 dip

>>26887613
What are roman fideicommissum

>>26888929
The workers traded their labor power for access to tools they wouldn't even dream of ever affording.

>>26889996
Smart move really, if it blows over he can just go back to being random rich dude. If anything happens he can posture himself as hip "good" rich dude.

>>26887613
>>26888885
kek, bobo got him so mad

ELOOOOOON

>>26889996

Jeff Bezos? Elon is far from the world's richest man, I'd have also thought that someone who browses /biz/ would understand what liquid assets are and how Tesla and SpaceX's combined worth don't equal dollarinos in Elon's bank account. Moreover short sellers have been attacking Tesla for over a decade, Elon may have been wealthy from his PayPal deal, but he wasn't and still isn't anywhere near the world's richest man

>>26889392
>the sargent tweet
HOLY SHIT LMAO

>>26888040
Whole fucking world is switching to electric vehicles my dude. In Norway majority of cars are electric

>>26890165
Because the alternative is starving to death due to not owning the means of production, a condition artificially created by the government.

>>26887936
He said own anon. Not mortgage or finance. I stole a car I don't own but that's illegal. I stole a house I don't own but that's illegal. I stole my buddies robinhood account and sold all his stocks he owns, that's not illegal. It's saving him from taking risks he doesn't understand.

>>26889872
He's trying to rally the idiots that don't understand anything.

>>26890624
And you want a more centralized government?
What kind of re- Yeah, a commie.

>>26887613
>u can't sell 30k EV u don't own

>>26887613
Wow, I didn't realise Elon was retarded.

>>26890624
You are literally trying to argue this on a board where people make money by trading shitcoin. You have other choices than working in car factory. You don't HAVE to make cars just to buy food.

>spent my vidya money on AMC and DOGE
Am I gonna make it bros? It's been a hell of a ride but I wanted to make a profit to buy some vidya.

>>26887613
I'm going to call every jew Corpo now

>>26889392
>even the Indian is a jew
Holy shieet

>>26887613
>You can't sell more airplane tickets than seats available

>>26891332
Big Corpo deserves the ovens

NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>>26888040
t. never been in a tesla

>>26887613
He is a kike ruling a meme company that does not sell anything of value

>>26888040
Bro i would suck a tranny dick for a roadster. I dont even care.

>>26887613

Someone ought to clue him in on the situation in the Comex Silver futures market.

5000 contracts standing for delivery (about $650 million) would probably break the scam.

>>26888040
>no practical application
https://www.youtube.com/watch?v=Wyt7b5eNuHk

>>26891755
Elon?

>>26888582
He was shorted for 5 years, they all went rboke, that;'s why his stock mooned this year

>>26890108
It is not really voluntary if the other option is starving

>>26888929
suck a bag of hammers and sickles

>>26889392
Is "Melvin" the worst male name to ever exist? I would be so fucking pissed at my parents if they named me that, I can't even imagine how much bullying I would have gotten as a kid.

>>26890569
>Whole fucking world is switching to electric vehicles my dude. In Norway majority of cars are electric
You lying sack of shit.

The majority of cars in Norway are NOT electric.

The sales of electric cars the last year was higher than ICE cars, but electric is nowhere fucking near becoming the majority.

>>26887613
I can place a 2nd or even a 3rd mortgage on my house which i may or may not have even completely paid off yet.
I can sell the car I haven't finished paying off yet as well.
Is he afraid people will start piling on TSLA puts?

>>26893032
>Melvin
>Of Norman French origin, originally Malleville, which translates to "bad town"
>Name is literally bad place

>>26887613
He can pump the stocks himself, why doesnt he?

>>26887613
How do you niggers feel about neuralink?

>>26892917
The other option is not working in a fucking car factory.
You don't want to use others' tools?
Learn a god damn language. Translate shit for a living.
Buy a computer. Code and sell your own software.
Create art. Sell your shitty art.
Open a pub. Trade your shitty beer and spirits to local drunks.
I could go on, there are plenty of other options. But instead of going for one of those, you are trying to justify straight up theft. Fuck you.

>>26887936
okay, squatter/car jacker

Can we ask snoop dogg to buy some gamestop stocks?
Ill try to ask mc shan but he is broke

>>26887613
>Elon reveals that he is a brainlet in finance
Shorts are there to prevent bubbles from occurring. It is natural in financial market. Something that keeps it in check.

>>26893476
>which i may or may not have even completely paid off yet.
One thing to do that whole other to sell a stock that doesn't exist, you moron

>>26889996
Yeah cause he is a self-made man from pouring his own blood sweat and tears into a company that fought all odds against Big Auto and Big Oil. Numerous times it was near bankrupt and he put his own money on the line to do or die.

He fucking deserves it. Not these shmucks at Wall Street that can gamble and ask daddy or the Fed for a bailout when they fuck up.

>>26894071
Hitler kept jews in check, so did stalin

>>26894071
Show nose

>>26894149
was that supposed to make sense ?

>>26887936
i dont think you get it lol

>>26888040
The cars are fast and the fuel is cheap anon. No one has ever given a single shit about the enviroment.

>>26887613
he's never taken out a personal loan in his life has he?

>>26891332
..

>>26890186
What are you on about, nojew would try shorting the Rothschild companies

>>26889431
Well...about that

>>26887613
Isn't selling cars you don't own how literally 100% of Car dealerships work? They don't own the cars, they take a loan on them...

Same with any financed homes?

>>26887613
same with banks, it's all the Jewish usury scam!

>>26889392
>even the indian founder of robinhood is part jewish
you gotta be fucking kidding me

>>26894714
That's not what a short is. What Melvin Capital did would be something like the following
>Go to friend
>Ask to borrow his car
>Receive his car, including the deed
>Make a photocopy of the deed
>Sell both deeds to buyers on ebay (note: there is still only one car)
>Wait for the deeds to depreciate by half, since car values depreciate in time
>Buy back both deeds and make 50% profit
>Give the car and the deed back to my friend, pay whatever interest he wanted
>Throw the photocopied deed in the trash
>Keep the profit
If this sounds wildly irresponsible and retarded to you, that's because it is

>>26887613
is this real?
big if true

>>26895524
Check his Twitter

>>26889181
-19.5%, and lowest I've ever been. Still holding though.

>>26888929
You're right, elon should fully automate his car production and fire all of the workers that he pays a reasonable wage with health and stock benefits. Wouldnt want to accidentally exploit anyone.

>>26890514
Elon recently beat out bexos by $3b for world richest man by net worth. We all know that neither of them are the actual richest men on earth though...

>>26895963
I remember Tesla taking a massive loss specifically because they tried to automate their megafactories and the venture didn't work, setting their production schedule back by like 2 years. It's the single reason why I didn't buy a Tesla at the time, I needed a car, not an IOU for a car at some unspecified point in the future.

>>26888040

> No real world application

It’s a fucking car you retard. It has real world application by being transportation. Fuckin hell I’m going back to WSB

>>26892246
Youd probably suck a tranny dick for free

>>26887613
Technically, you dont own the stocks.

>>26887613
THIS IS ANTI SEMITIC. DELET DELET DELET. OY VEY WHAT MONSTER WOULD SUGGEST ((((OUR)))) PRACTICE IS WRONG. NEXT HE'LL TRASH UNCOLLATERALIZED LOANS AND FIAT

>>26888040

False faggot, I own one. Compaired to a Japanese or German car with simlar preformance metrics it's cheaper to buy AND own over the course of its servicable life and I run it on 100% domestic natural gas and hydro.

>>26887613
Short sellers have their purpose. If you have faith in a quality company, you'll get to enter in at a lower price. They also warn you of scams like Luckin Coffee. But, yeah, shorts who kick down legit but struggling companies can go choke on a fat one.

>>26890915
and that would make you . . . hmm what would that make you. . .?

>>26888582
New theory: the whole GME memery is all part of a universe brain level keikaku from Musk to ruin all the hedge funds that are also shorting TSLA

>>26894190
Yes. This is why stalin is so vilified.

>>26887613
You can also sell cars you didn't make. Lucky him.

>>26897155
On a real note though. Why do these billionaires like Vitalik and Elon blah blah blah like theyre so smart, which yes sometimes they make good points BUT with no regard to their audience reception. Imagine a world where you have billionaires who think their gold star everyones a winner voice is important compared to spending their money effectively MAKING A TANGIBLE CHANGE. Lobby, politics, media. Any or all.

>>26897531
I bet.

>>26888387
Not realistic though, it will be canceled.

>>26887936
This poster is correct. The rest of you have room temp IQ.

>>26887613
honorary jewish
has a VIP spot in the gas chambers

>>26887613
Elon is good guy but he is quite ignorant here, tesla shorters enabled his own stock to go up

>>26887613
what a fucking...

short sellers getting closed is the whole reason his stock is up in teh first goddamn place lmao

>>26889181
+20% not enough though

>>26890624
>a condition artificially created by the government.
It's not the government that is preventing you from making a workers co-op and joint owning an assembly line with 50 other people, faggot.
Just like buy the fucking machines you need for the means of productions like hahaha communally pool your money this IS NOT FUCKING HARD.

>>26887613
Sirs, please to try to not overstroke the narcissists ego, pretty please

>>26887613
He's right tho. Shorting should be illegal. Jews rape retail all day with it because they have access to all the borrower shares they want. They manipulate prices non stop because of the shorting mechanic. It needs to go away.

>>26887613
I like Elon, but he can fuck off with this mess. I'm having a blast watching jews get hooked on ridiculous shorts and eating their lunch. It's like fishing, but with lots of money and more jews.

>>26889822
What are some good Military Industrial Complex stocks if we start selling shit or bombing the middle east this year?

>>26898424
I don't think shorting should be illegal, but there has to be limitations on it. It does actually serve a purpose when its not abused by wealth hording dragons with tens of billions of dollars to freely whip around.
Shorting should be strictly kept to a percentage of issued stock, and a degree of insurance should be required to be paid by institutions which would disallow them from shorting unless they can cover the price differential if stock's prices increase.

>>26898714
NOC, LMT and BA are the classics, maybe RTX too.

>>26888459
but he's going to take us to mars whereas nasa got stuck in niggertown

>>26888387
>most of Europe the sale of combustion based vehicles will be banned in 2030
post skin muttoid. ''most'' does not apply because of free exchange of goods.

>>26887936
>sell house
>have it burned down
>buy back
>profit

>>26887613
>you can't lend money you don't have
oh wait...

>>26898714
Defense companies don't do that well in the market compared to a lot of other stocks. War itself is a profitable industry. Developing jets and missiles however isn't. These companies exist on government welfare entirely.

isn't this dumb fucking boomer's entire business model entirely hinged on overinflated stock prices? i've never seen a single person driving one of his faggot cars outside of a big liberal city

>>26889996
Kikes are fucking parasites.

>>26899223
Go back to /po/ if you're going to spew your vile hatred.
We literally would never have gotten to the moon if it wasnt for black women watch the movie and educate yourself retard.

>>26888929
Oh yeah? And did the workers have the knowledge and tools to build a car by themselves?

>>26899543
Good call, he could redpill all the origami fags.

>>26896368
the point went completely over your head

>>26887936
Yes, it's call buy to let

Naked shorting is what should be illegal, And it supposedly is yet the laws are rarely enforced, especially when it involves hedge funds. Patrick Byrne's website deepcapture.com exposed the hedge funds practice of naked shorting over 10 years ago.

One point that might get overlooked is how heavily leveraged these hedge funds are. This short squeeze had the potential to wipe out much of their capital. They are just lucky that Robinhood is as big a crook as they are. They weren't completely filling clients' orders- in essence RH was short the difference. In the case of GME that difference became gargantuan, hence the move today to unilaterally liquidate clients' positions in GME.

>>26888888

>>26900130
Oh

>>26888582
Haven't the hedge fund kikes being saying Tesla is a bubble for like 7 years now? When is it gong to pop.

>>26899226
Easy to understand. Until 2030 we will have EURO8 emission norms which will definitely make it uneconomical to produce normal cars. Even now, producers no longer care about affordable, simple, tiny (<=C-segment) cars, they can only make a profit of SUVs and premium/sub-premium cars and EV.
They will slowly kill the market artificially. Most probably, within 20 years it won't worth to maintain a car as a private person.

>>26899543

>>26899543
10/10 bait

>>26887613
>(((vestigial reasons)))
CUT OFF THE TAIL ELON
WE’RE WITH YOU

>>26887613
He is our guy.

He owns Doge and API3. Hard to be more based.

>>26901475
Laughing good at this picture thanks anon

>>26888912
Imagine an era of shorted companies coming out and pleading to weaponized autistic internet philanthropists to save them.

>>26887613
That is exactly how car dealerships operate though. They don't own the millions worth of cars in the lot. It's all financed.

>>26899462
Maybe you just live in a shitty poor country. They're everywhere here in norway.

>>26887613
Based and shariapilled

>>26887613
Bears eternally and irrecoverably BTFO

>>26899123
>>26899435
What about a company that contracts over in war zones? I remember we had a lot of dudes in Iraq getting paid bank as part of private companies. Forget the name.

>>26899543
Hidden Figures? more like Hidden Niggers

>>26895963
I agree. Automation is clearly the future. But capitalism will not exist in a fully automated future; so naturally, we will either transition to neo-feudalism or democratic communism. I'm willing to bet it will be communism.

you only agree with this tweet if you lack abstract thought

>>26889431
I don't think you understand fractional reserve banking
stupid goy

what’s the easiest way to buy doge coin with a generated public key? I don’t want some other website managing my wallet.

>>26903023
You mean PMCs like Blackwater? I don't think they're public.

>>26888040
He's right and you're just a luddite.

>>26887613
>>26887936

what a fucking brainlet

holy shit I always thought it was a persona but this billionaire - allegedly richest in the world - is more retarded than me

Fuck this clown world

>>26903300
if you think communism can ever be democratic, then you're a fucking retard

>>26904315
Yah those type of folks. Biden already cut off sales of the F35 to UEA (i think) i just want to know how i can profit off the fact we know he will start more wars for israel.

>>26894016
Ask Keanu or did he lose his pull because cyberpunk

>>26903300
it will be neither
capitalism will keep existing but people will become self-sufficient, rather than sharing means of production people will buy their own personal means of production
everyone will have their own greenhouse and 3D printer for food and amenables

However resources are still scarce so people will sell their personal surplus on a free market

This is the only future that can possibly be good. What you suggest, either communism or feudalism, is just a shortcut to the elite wiping out the masses which become a burden in such systems. Robotics make workers in the traditional sense obsolete.

>>26889996
He only recently got that title. Short-selling nearly bankrupt him several times. Those hedge fund ghouls were feeding off him like parasites for years.

>>26901637
he's the ceo of doge bro, no shit

>>26905796
In other words self-sufficiency as a requirement for survival and an education system and government geared towards that can be the only way forward

Time people become responsible for their own life and stop relying on overhead systems like "a job".

>>26900585
he was wrong lol

>>26889181
-38% but I feel very good. I expected worse scare tactics than this. This is 2 weeks pay I dumped in

>>26888367
it's not the people who will be buying tomorrow

>>26899462
>i've never seen a single person driving one of his faggot cars outside of its intended range
congratulations you're the next elon musk

>>26901189
this year

>>26888582
based bobo

>>26894071
overleveraged shorts and naked shorts are still scummy bullshit you fucking kike.

>>26888929
based LTV anon
>>26899770
yes, if you remove elon musk and the shareholders from the company, all of the individuals responsible for the production of Tesla are still at the company

>>26887613
>u can't sell cars u don't own
>spoken by the man who took over 500,000 Cybertruck preorders
?

>>26887613
I cant believe all these assholes are turning on the system that has supported them for years and years.
Its like kids being destructive simply for the Lulz.

>>26905380
>Biden already cut off sales of the F35 to UEA (i think)
We shouldn't be selling those backward ass dictatorships a single round. I'm not sure we should have any trade relations.
>but China/Russia/whatever will sell to them
Good let them, I don't give a fuck, I don't want a single thing from the mid east.

>>26906761
>electric vehicles experiencing huge growth with more likely to come
>electric vehicle leader has higher stock value than current profits would indicate
It's no surprise, anon.

>>26887613
Wrong you should be able to short anything you want. The problem is that a hedge firm got caught with way too many short stocks and now want to basically override rules of the market to stop people profiting off of their stupidity, which is the entire fucking point of the stock market.

>>26888317
lol they arent real flamethrower they are sexualized blow torches

>>26906761
people are investing in electric cars, also copper is booming

>>26889148
Shorts are the same. The shares are LOANED to you, just like when you sell a house you still have a mortgage on.
I do agree that shorting is fucking stupid and just shouldn't exist.

>>26889181
~0%, not even in it.

>>26897958
He's not ignorant, just playing dumb. He wants the focus off of himself and the sweet deal his new stock owners in washington are going to give him.

https://www.foxbusiness.com/markets/tesla-stock-pelosi-bet-biden-administration

>>26888040
>He sells cars that have no real world application beyond the eco environmentalists.
They're definitely not in a position to replace gasoline or diesel cars and trucks that have to make regular long trips any time soon... but if you live in a large town or city with shit public transit, and don't drive a lot outside of commuting to work or driving to the grocery, you could do a lot worse than an electric vehicle.

>>26887613
based Elon

>>26908080
Blow torches are kinda sexy to begin with. And it was a limited joke product to begin with.

>>26888353
You do know tesla has not turned a profit yet right? Just because stonk says its worth a lot does not mean it actually is. Its being funded by investors, not the selling of cars.

>>26903300
it will definitely be neo-feudalism if there isn't a revolt. The majority of mankind will be left poverty stricken and desperate for any paying work as the business owners/wealthy people of the world ride the wave of automation to a pinnacle of wealth and power we've never seen before. When you own the means of production, the business, and the labor is free there's nothing left for the majority. They'll be able to set terms for employment as insane as they want because the only jobs left will be serving the rich or as mechanics, engineers, or programmers, and there are massively more people on this earth than there will be roles for those jobs.

>>26887613
ELON-SAMA SAVE US WITH YOUR MASSIVE RICHES AAAAAAAAAAAAAAAAAA
I WILL BUY TSLA I WILL BY TONS OF TSLA IF YOU MAKE ME RICH ELON. I BELIEVE IN YOUR CAUSE
YOU ARE THE LAST BASTION OF FRINGE SCIENCE
ELON YOUR'E TAKING HUMANITY TO MARS YOU ARE TONY FUCKING STARK JUST BUY AMC AAAAAAAAAAAAAAAAAAAA TSLA ROADSTER BABY

>>26887613
It's called leveraging lol. I hope that he means contracts/options.
>>26888040
You're just wrong. It has so many features and is so far ahead of its competition, it's actually kinda sad that you hate on it that much.

>>26910770
You do know that that's how most public companies work right? They try to get as much revenue as possible to pump stock and avoid taxes.

>>26887613
If this is true Elon is peak retardation. True king of soibois. In a short you BORROW stocks that you then sell.