I suddenly thought about why Elon doesn’t respond to the robotaxi acting driver, so I organized it
When Reuters issued a misinformation on the cancellation of the Model 2 on April 6, the stock price plunged in an instant, so Elon immediately tweeted that it was false, causing the stock to skyrocket.
But after that, there were a lot of media refutations, and eventually the stock price continued to flow down to the 130s… That’s how stock prices react…
Then, during the 1Q earnings call, there was no cancellation of the Model 2, but rather it develops faster, and the stock price began to soar with the release of the robotaxi app.
Now, Schopenhauer has this saying…
“Never argue with a fool. They will bring you down to your level, and then use their experience to beat you down.”
Even if Elon responds to the media’s story the same way this time, we don’t know what will happen after that. As before, the stock price may flow down further. In the end, you might have thought it was meaningless.
And Elon is far too good to judge on our level. I don’t repeat the same mistakes. So please don’t get swept away by some people’s worried judgments and advice…
And what’s really important is that even if the robotaxi is really postponed, the two-month delay is not at all problematic for long-term momentum, and stock price fluctuations aren’t that important. (If you make a great product, the stock price will end up following.)