Dean Sheikh

How does the market not see what is happening with Tesla? It’s clear as day at this point. Bizarre.

Colorado migrating moth season (it’s a thing, look it up) has begun.

The SpaceX IPO is the most brazen retail fleecing in modern market history. NASDAQ has REWRITTEN the index rules specifically for this listing. The 10% minimum free float requirement: gone. The 3 to 12 month seasoning period before index inclusion: cut to 15 trading days. Companies with small floats can now be weighted at 3x their actual float. Translation: every passive index fund, every 401k, every pension is about to be force-fed SPCX whether they want it or not. And what exactly are they buying? Class A shares carrying ONE vote each, while Musk holds 93.6% of the Class B super voting shares at TEN votes each. That gives him 85.1% of voting power on a 42% economic interest. He cannot be outvoted. He cannot be removed. CEO, CTO and board chairman simultaneously. For reference: Zuckerberg controls 61% of Meta. Buffett 35% of Berkshire. Musk: 85.1%. SpaceX is also claiming "controlled company" status, exempting it from needing a majority of independent directors. Shareholders waive the right to a jury trial. They waive the right to class actions. Mandatory arbitration only, courtesy of an SEC rule change pushed through on a party line vote last September. $1.75 trillion valuation. $80 billion raise. Largest IPO in history. The rules of the game were quietly rewritten so one man could extract maximum capital from retail while answering to no one.

@gnoble79 Maybe the problem is passive investing with complete disregard for valuation. Perhaps we need a better index mythology than just Looking at market caps.

$SPCX is an utter travesty. The IPO, in its current proposed structured, must not be allowed to happen. Index funds and your 401k should not be the exit liquidity for this pile of garbage. I ask all lawyers of good conscience to please contact me by DM to explore what might be done to stop this IPO.

@PlugInFUD No, he used the word “if”, which is one of tells when he lies. Very similar to his use of “aiming”

Do you think Elon himself believes this

@reed @Waymo screwing up the gene pool though.

this clip blows my mind. @waymo out here saving lives every day

@StanphylCap Those actually save space. No need for floatation device.

"Jeff Bezos is selling his $500 million megayacht Koru 'because it’s just too huge to manage." pagesix.com/2026/05/04/cel… But how can he fit his family on anything smaller? (I mean, unless his wife gets a breast reduction!)

@mmomboisse If true, no one should buy a new one. They can get a 5 year old one for 70% off and it will just keep getting better!

And RAPID depreciation in value. Nice try. This pump hasn't worked in years. $TSLA

@StanphylCap how long until McDonald's realizes their stores will be filled with homeless people living on french fries?

It's $20/month for the fries vs. $500/month for the Ozempic, so I said fuck it, I'll get the fries!

The reason they gave an incentive to Musk for colonizing Mars is because they can't do an IPO while straight up lying about having a plan to colonize Mars. They can put whatever they want in his pay package though and then "leak it".

HW3 not gonna happen. Sorry suckers. Thanks for paying. No refunds.

@yoloption But it gets better in 2027 right? Right?

$TSLA NEGATIVE FCF FOR THE REST OF THE YEAR

Cash flow negative from here on out. Ooops.

@JCOviedo6 Who is in charge of counting?

NY is back!

Can someone please translate this part for me? Thanks.

Musk just said they are going to ramp production of all models throughout this year. Narrator: You over produced by $2B last quarter alone.

@librab103 @yoloption Don't pay suppliers, reduce prepaid expenses, and increase accrued liabilities. $3.6B right there. Just gotta do that every quarter forever.

@yoloption FCF of $1.44B, yea. I would love to see how that is possible.

$TSLA lol that FCF number is cooked af > Adjusted EPS $0.41, est. $0.34 (beat low ball estimate) > Revenue $22.39B, est. $22.19B > EPS $0.13 vs. $0.12 y/y (0 growth) > Gross Margin 21.1%, est. 17.7% > Operating Income $941M, est. $787.7M > Free Cash Flow $1.44B, est. -$1.86B 🤡🤥

Tesla converted it? I thought the SpaceX acquisition of xAI converted it.

@StanphylCap don't forget accrued liabilities jumping $1.3B and pre-paid expenses dropping $1B.

In case you're wondering how $TSLA generated so much "free cash flow," it did it the old-fashioned way: by not paying its bills... Despite a sequential quarterly revenue DECLINE of $2.5 billion, payables INCREASED by $1.3 billion while receivables DECLINED by $617 million.

3 out of 4 EV chargers out of service and the person is trickle charging to 100%. #clueless

@yoloption Generational buying opportunity.

$CAR all the chasers today got rekt. Play stupid games, win stupid prizes.