Elon Musk has obviously created an absolute disaster at Tesla and more and more of the big classic investors in Tesla are coming out speaking out against what Elon Musk has done and continues to do to that company. We're going to jump first to Ross Gerber who said that his wealth fund still has Tesla stock but he is very frustrated with Elon Musk at this point. He said Tesla stock is down 40% this year.
The performance is, I think, directly related to the CEO not working at the company and his outside activities. I don't like Elon. It's personal, the way he does things.
That's true, and I don't align with him morally, but that is irrelevant of my investment in Tesla. Sure, I think you can separate the personal from the business, but I like that in a very arrested development sort of way. When asked if it's personal or business, he makes clear that it's personal as well.
But it's both in this case. You'd have to be blind not to see that Elon's behavior is highly political and highly damaging to the brand. Tesla needed to work to separate itself from Elon.
Now it might be too late. And I think he's right. They should desperately try to separate themselves from Elon Musk.
They don't need him anymore. What they need to do is repair the reputation and put out good cars. Screw the hype that never actually comes true.
But we have others. This is top securities analyst Dan Ies who said, "We believe Tesla along with Nvidia are two of the most disruptive technology companies on the globe over the coming years. But Musk needs to leave the government, take a step back on doggy, and get back to being CEO of Tesla full-time in our view.
" Big earnings call for Musk Tuesday. So that's a different sort of criticism. That is a person being like, "Hey, um, we're a big company.
Maybe we should have a leader who remembers that he works here. " Now, I disagree with them. I think that Elon Musk being actually involved in the day-to-day affairs of Tesla will almost certainly hurt it more.
I would point to you the absolute flop of the Cyber Truck, but they're at least trying to be inviting and still critical saying, "If we're paying you a lot, maybe you should actually do your job. " Okay, so that's good. But I also uh wrote to his clients in a Bloomberg article and said Tesla has unfortunately become a political symbol globally of the Trump administration and doggy.
He uh went on to argue that the company faces quote potentially 15% 20% permanent demand destruction for future Tesla buyers due to the brand damage Musk has created with doggy. And so he's saying there that like maybe of all of the demand for a company has now been ruined by Elon Musk being a douchebag. Now that said, you can fix that by casting him off.
Fire him from the company. give him no control over anymore over it anymore. Maybe Tesla could put out some statements or some ads that make clear that they're independent.
And I bet you would have a lot of people who would just like to buy an electric car and some Teslas are very wellreceived that would love to go back to the company to buy one as a symbol of resistance to Elon Musk, but they're not going to do that as long as he's in charge. Jackson, that's my view at least and apparently the view of some of these investors. What do you think?
Well, you know, Elon Musk, it seems to me like his unraveling was inevitable at some point. Um, just because it was always a house of cards built on wet sand and he, you know, I mean, he's just been lying and frauding his way and a lot of what Tesla's stock had been was just the hype and the legend of Elon Musk. Mhm.
Um, you know, Tesla, the the the companies and the entities that Elon Musk is the CEO of, there's nothing wrong with them. They're pretty great by themselves. Electric car technology, uh, working on space exploration and technology just so that we can do the things we need to do.
It's Elon Musk that's the issue. So, you know, not many people drive Teslas. And then you got to look, most of the people who would drive an electric vehicle are liberals.
So, he's just it's he's just not the the man uh to be in that position anymore. And like I said, even if he wasn't in in government now and, you know, firing thousands of people and making a mess of everything, at some point, people would have had to wake up and be like, "Okay, nothing that Elon Musk has ever said is going to happen has happened. " So, you know, it is what it is.
Uh they I think they should get rid of him, but that's you know I I feel like all of them had to have known what they were getting themselves into in some way. You know, I I I agree. I'm going to end on this.
Um you know how like when people in involved in the finances of Britney Spears were like, "She's too wild. She's irresponsible. She's going to lose all her money, so we have to take control of it.
Uh cuz she's crazy or whatever. Why can't they do that to Elon Musk? The dude's wildly addicted to ketamine as well as many other drugs.
He is ruining his fortune. He's ruining his companies. He's going on stage doing like visual cries for help by snapping Nazi salutes, spreading the conspiracy theories, losing his mind all over the place.
Why are there no responsible people to help him out through this very difficult period? He should not be in charge of his affairs. he should not be in charge of his money for his own good.
And I think it's time that we use the empathy that we are capable of and that he is not to advocate for him to be protected from himself. And I say that mostly just to bother him because I know how much this stuff bothers him as we will describe as we continue in the story. I'm going to jump ahead to graphic 7 and let's uh do this little reset.
Do you want Elon Musk out of the government? Then I beg of you, insult him viciously and repeatedly because apparently it's working. Reports show that the protest against Elon Musk, the way that the public has turned against him, has made him want to be left alone and he might soon lose government or leave government as a result of it.
He's apparently, this is according to the independent, reportedly set to leave his government role because he's tired of what he sees as a litany of vicious and unethical attacks from the left. This is according to reporting from the Washington Post. A person uh familiar with this thinking told the Post that Musk thinks that his work at Doggy won't be diminished because of his departure.
Uh noting that staffers have already established themselves across a slew of federal agencies. They've probably already installed all the digital back doors they need for him to steal money and everything. He doesn't need to be involved anymore.
Uh speculation of Musk's possible departure comes as his influence in the administration appears to Wayne. The New York Times reported last week that the acting commissioner of the IRS was being replaced after Treasury Secretary Scott Bassent complained that Musk had his preferred candidate installed without Basent support or apparently according to the reporting Donald Trump's knowledge. Musk has also annoyed other cabinet members by failing to coordinate with them in cost cutting moves.
And and we didn't we didn't fully cover that IRS story, but supposedly Trump was furious that Musk had just put the guy he wanted in charge of the IRS. And this was like pitched as Donald Trump taking control back. But how the hell did a guy with no authority whatsoever choose and install the head of the IRS?
And Trump didn't know about it for days. How disconnected is he? Is Trump the one on the ketamine instead of Elon Musk?
I'm not sure at this point. But anyway, uh Musk has worn out his welcome. They all hate him for understandable reasons.
He's cringey and terrible and not funny and he just meddles and everything. He's coarse and gritty like sand on Naboo and so they want to get rid of him and I totally understand that. But what seems to be sort of greasing the gears is insult.
So everybody please insult him more. Jackson, what do you think? Yeah, definitely insult him more.
I I I this is just so gratifying for me because I have deeply despised Elon Musk for quite some time now. And people used to call me a hater and say, "Oh, he's he's Tony Stark. You just can't see it.
" And I was like, "No. " And look at that. I'm not always right, but I was right about this.
But um yeah, I mean, have you seen videos of like Elon Musk where he's just clearly just zoked out of his mind? Like he's like walking with his shoulders like this and he's like Yeah. He he does the head rolls and stuff.
It's got to be kated. Oh, this dude is gone. Yep.
But I mean like really really think about how powerful and complicated the United States of America is. this empire that this is that holds so much authority over what happens on the planet and it is being ran by people who are just degenerate drug addicts, frauds. I know TV con TV game show con artists like I mean man we're in the middle of it so but like in 20 years when we really can look back it'll be like oh what what the hell did we do?
100%. And look, some of my favorite people are drug addicts. But you have to be aware of the abilities, including me.
I've struggled with that for a long time. So there you go. Uh but Elon Musk just can't get it done.
He's just again for his own protection, he needs to no longer be in control of his financial affairs. I think that would be the best. Or you know, other like maybe we could take here, I'm going to reference a story we did yesterday.
Um I'm going to pretend I'm a mayor of a town in California. Maybe we just need to give him more ketamine. Maybe he just doesn't have the right amount yet.
If we give him a lot of ketamine. Maybe that'll even him out a little bit. His tolerance is too high.
His Let's Let's see if we can push past that. You know, come on, Musk. You're extreme.
Let's do 10 times as much as you've previously done. We'll book you on Rogan and we'll just see what happens at that point. Is this insulting enough to drive you out of government, Musk?
Cuz I can get more vicious. And I probably will.