Way back in November 2021 Elon Musk said that Tesla will grow at 50% for the indefinite future.
Then he asked his base of cult followers if he should sell a few shares. Of course they voted "Yes" (On Twitter).
Then he unloaded a massive chunk of shares and in January he announced that growth was decelerating below 30%.
Fast forward to June of this year and Musk says that AI will make Telsa a $25 trillion company.
At the same time he asked shareholders to reinstate his record-breaking $55 billion pay package. Of course they did.
Now a month later he delays Robotaxi. PE of 88 in the boom times. Stock is heading for single digits in recession.
