#schadenfreude

Shares of Tesla continued to slide midday Wednesday, down 14% since market open and putting the electric automaker on track for the largest one-day market cap loss for the company on record.

Tesla's weaker-than-expected second-quarter earnings, posted Wednesday evening, have put the company on track to lose $201 billion in market cap today. It remains on pace for its worst post-earnings performance since July 2019.

On last night's earnings call, CEO Elon Musk said the company's capital expenditures amounted to $5.8 billion in the second quarter with heavy spending into artificial intelligence and robotics. This has led to its negative cash flow for the first time in two years, however.

In a letter to shareholders, the company also struck a more cautious note on the rollout of key future products, including the autonomous Cybercab, the Semi truck and its Megapack 3 battery-energy storage system.

https://www.ibtimes.co.uk/christopher-nolan-odyssey-triumphs-despite-elon-musk-criticism-1810073

It's not bad enough all the contracts are online only so you don't get a paper contract anymore.

Now they switch your contract w/scriptures?!?!?

What the ever-loving F?!?!

"A Tesla solar customer went to pull up their lease agreement in their Tesla account this month and found something other than a contract waiting for them: the Book of Enoch, an ancient apocalyptic text about fallen angels.

Not a scanned copy of their agreement. Not an error page. The full text of a roughly 2,000-year-old religious book, sitting exactly where their legally binding solar lease was supposed to be. Electrek confirmed it."

https://electrek.co/2026/07/23/tesla-solar-lease-contract-book-of-enoch/

Download or screenshot your contracts - esp. from the princeling companies.

Looked at his net worth and noticed it fell by ~50% since the SpaceX IPO and is now at $700B -- and falling.

Then I was reminded of Russ Hanniman on Silicon Valley.

https://youtu.be/s9Bg4UU76so?si=rYuhNw4GwP7DijK4&t=29