Tesla in freefall

Wrath of Khan MD said:
inflated price?
Berkshire Hathaway stock price is $767,200 per share... yes you read that correctly. Still, I buy Berkshire and so does everyone else...

Tesla 10 year performance in %
2015 7.91
2016 -10.97
2017 45.70
2018 6.89
2019 25.70
2020 743.44
2021 49.76
2022 -65.03
2023 101.72
2024 62.52

The competition is not surpassing it by any means. Yes there are now many many car companies with electric cars, but Tesla has been doing this for a lot longer than them, so they are still way in the lead. FSD? full driving will be the norm, it's a technology that will be sold to other car companies so it is a huge market for them. Cyber truck may be for a niche market as it is very futuristic and not for everyone, but nothing is stopping Tesla from making a "normal" pick up truck should they want to. Semi, they're still building up the production line, it will be the norm to have electric trucks, dah.

Taxi? why not, a full autonomous taxi is available in some parts of the world... it's a great idea if all the tech comes together, and with FSD it already is.

Bubble? Tesla, oh come on... they sold 1.8 million cars last year. Sure other competitors are now waking up so there are more choices, but if you think 1.8 million cars is a joke then ummm

Tesla doesn't just make cars by the way.

Try look to the future instead of your anger towards one man for some odd reason.
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I'll just address the last sentence for now. The future, well if you look at the trajectory which is all but one indicator we can concretely rely on as a barometer for investing, BYD is on the ascendency in all the competing sectors, FSD has not materialised as promised and BYD (and other Chinese brands) are delivering L3.5 right now, not "soon". Another aspect of the future revenue that's been promised for so long is dominance in market share given first mover advantage.....well market share is tanking. This has to do with the current CEO and his personal power trip and the fragility of his ego. So is it unfair to blame the CEO for what is happening with both the current circumstances and future prospects of the company?....I don't think so.

Fact is Tesla's stock price is far removed from the reality of the business, which means it's a meme stock and will collapse when reality sets in....I for one won't be used as fodder for institutional investors to setup their rug pull.
 
Wrath of Khan MD said:
inflated price?
Berkshire Hathaway stock price is $767,200 per share... yes you read that correctly. Still, I buy Berkshire and so does everyone else...

Tesla 10 year performance in %
2015 7.91
2016 -10.97
2017 45.70
2018 6.89
2019 25.70
2020 743.44
2021 49.76
2022 -65.03
2023 101.72
2024 62.52

The competition is not surpassing it by any means. Yes there are now many many car companies with electric cars, but Tesla has been doing this for a lot longer than them, so they are still way in the lead. FSD? full driving will be the norm, it's a technology that will be sold to other car companies so it is a huge market for them. Cyber truck may be for a niche market as it is very futuristic and not for everyone, but nothing is stopping Tesla from making a "normal" pick up truck should they want to. Semi, they're still building up the production line, it will be the norm to have electric trucks, dah.

Taxi? why not, a full autonomous taxi is available in some parts of the world... it's a great idea if all the tech comes together, and with FSD it already is.

Bubble? Tesla, oh come on... they sold 1.8 million cars last year. Sure other competitors are now waking up so there are more choices, but if you think 1.8 million cars is a joke then ummm

Tesla doesn't just make cars by the way.

Try look to the future instead of your anger towards one man for some odd reason.
Click to expand...
Okay so getting to the rest of your post.

The Taxi idea....well it's a bad sector with very low ROI. In theory it sounds good on paper, but who carries the liabilities, maintenance costs and scrapping fees after those vehicles are past their useful date. How big is the market for ride-sharing Vs traditional ownership? Why shouldn't they have gone with the sub 30k car proposal instead.... much bigger market and margins to be had in that sector.

Semi is all but dead at this point. Cybertruck is a complete failure, far from the promised production levels Elon promised I'm the investor call. They can't even give it away and now is so undervaluing the trade-in-value that who in their right mind would by the truck at $100k when 6 months late Tesla is offering $60k trade in? Not to mention the QC issues and the fact that it's an aluminium subframe "truck"...jeez. how the hell does that pass the engineering decision makers I don't know.

I get it, it's easy to fall in the "future hype" that Musk sells, but look a little into the reality and he can't deliver on the timeframes he keeps yapping about and that's IF they can deliver at all.....the sportscar is nowhere to be seen, now he's trying to sell on the humanoid robot hype and AI hype...

I maintain Tesla's IP isn't as valuable as the inflated valuations propose they are.
 
Slckrck said:
Okay so getting to the rest of your post.

The Taxi idea....well it's a bad sector with very low ROI. In theory it sounds good on paper, but who carries the liabilities, maintenance costs and scrapping fees after those vehicles are past their useful date. How big is the market for ride-sharing Vs traditional ownership? Why shouldn't they have gone with the sub 30k car proposal instead.... much bigger market and margins to be had in that sector.

Semi is all but dead at this point. Cybertruck is a complete failure, far from the promised production levels Elon promised I'm the investor call. They can't even give it away and now is so undervaluing the trade-in-value that who in their right mind would by the truck at $100k when 6 months late Tesla is offering $60k trade in? Not to mention the QC issues and the fact that it's an aluminium subframe "truck"...jeez. how the hell does that pass the engineering decision makers I don't know.

I get it, it's easy to fall in the "future hype" that Musk sells, but look a little into the reality and he can't deliver on the timeframes he keeps yapping about and that's IF they can deliver at all.....the sportscar is nowhere to be seen, now he's trying to sell on the humanoid robot hype and AI hype...

I maintain Tesla's IP isn't as valuable as the inflated valuations propose they are.
Click to expand...

So... you clearly went on a rant about the CEO, for some odd reason he offends you and therefor everything about Tesla is absolute rubbish. Steve Jobs was a crazy nutter, but Apple was still a good company to invest in, same as Bill Gates.

Taxis are now a bad idea because a car costs under $30,000??? and you don't understand who pays for the car or maintenance (which on an EV is the lowest in the industry)

Semis are a bad idea because... actually you just say they are dead, which they are not?

Cybertruck <-- as mentioned is for a niche market hence the design. And they don't cost $100k, they start at $62k. And please show me any normal car on the planet that doesn't depreciate it as soon as you drive it off the showroom floor.

Aluminium subframe... I honestly can't believe you complained about that since almost all car manufactures use aluminium. My Audi is all aluminium, they were the pioneers in it.

Robots + AI if you don't see the future with robots in it and AI powering almost everything, then you are so far behind that it's scary. I honestly don't think you realise the power and infrastructure of this new AI boom that is going on. You are using AI every single day and you don't even realise it.

Oh and Tesla is and always will be apart of the S&P500 so their shares are bought every day whether the radical left like it or not, that's how it works. When they get to 501 then you can laugh...
 
The only way EVs truly take off is if they are forced on the public, by outlawing petrol cars, etc.
Which would be a very bad thing by the way.
 
Wrath of Khan MD said:
So... you clearly went on a rant about the CEO, for some odd reason he offends you and therefor everything about Tesla is absolute rubbish. Steve Jobs was a crazy nutter, but Apple was still a good company to invest in, same as Bill Gates.

Taxis are now a bad idea because a car costs under $30,000??? and you don't understand who pays for the car or maintenance (which on an EV is the lowest in the industry)

Semis are a bad idea because... actually you just say they are dead, which they are not?

Cybertruck <-- as mentioned is for a niche market hence the design. And they don't cost $100k, they start at $62k. And please show me any normal car on the planet that doesn't depreciate it as soon as you drive it off the showroom floor.

Aluminium subframe... I honestly can't believe you complained about that since almost all car manufactures use aluminium. My Audi is all aluminium, they were the pioneers in it.

Robots + AI if you don't see the future with robots in it and AI powering almost everything, then you are so far behind that it's scary. I honestly don't think you realise the power and infrastructure of this new AI boom that is going on. You are using AI every single day and you don't even realise it.

Oh and Tesla is and always will be apart of the S&P500 so their shares are bought every day whether the radical left like it or not, that's how it works. When they get to 501 then you can laugh...
Click to expand...
So sad that you are bending backwards to defend this guy but okay 😁

My post explains exactly why I have the view of Tesla as I do, and the CEO is a big part of it..... I'm not "ranting", explaining is not "throwing a tantrum" or "librul tears" my dude.

The guy and his ego will effect my portfolio even when I divested from his company the end.

Anyway it seems you will ignore any fundamentals IF your political needs are met, and hey that's cool for you, hope it pays off.
 
OutlawJoseyWales said:
The only way EVs truly take off is if they are forced on the public, by outlawing petrol cars, etc.
Which would be a very bad thing by the way.
Click to expand...
EVs will "truly takeoff" when they reach price parity with ICE vehicles. That's probably in the early 2030s..... until then they will slowly eat market share little by little. Trends tell a story.
 
Slckrck said:
So sad that you are bending backwards to defend this guy but okay 😁

My post explains exactly why I have the view of Tesla as I do, and the CEO is a big part of it..... I'm not "ranting", explaining is not "throwing a tantrum" or "librul tears" my dude.

The guy and his ego will effect my portfolio even when I divested from his company the end.

Anyway it seems you will ignore any fundamentals IF your political needs are met, and hey that's cool for you, hope it pays off.
Click to expand...

you failed 101 of investing.... don't get emotionally involved

your radical political rant is pure emotion, anger, hatred etc because of his party of choice or who he supports. If you did that to every company you wouldn't invest in anything but magic beans.

You sound like Bill Gates or Jim Chanos <-- pure emotion clouded their foresight.

Oh and AI is here to stay, it is without doubt the next revolution in human history, deny it all you want.
 
Wrath of Khan MD said:
you failed 101 of investing.... don't get emotionally involved

your radical political rant is pure emotion, anger, hatred etc because of his party of choice or who he supports. If you did that to every company you wouldn't invest in anything but magic beans.

You sound like Bill Gates or Jim Chanos <-- pure emotion clouded their foresight.

Oh and AI is here to stay, it is without doubt the next revolution in human history, deny it all you want.
Click to expand...
🤣🤣🤣🤣🤣🤣🤣
 
Slckrck said:
So sad that you are bending backwards to defend this guy but okay 😁

My post explains exactly why I have the view of Tesla as I do, and the CEO is a big part of it..... I'm not "ranting", explaining is not "throwing a tantrum" or "librul tears" my dude.

The guy and his ego will effect my portfolio even when I divested from his company the end.

Anyway it seems you will ignore any fundamentals IF your political needs are met, and hey that's cool for you, hope it pays off.
Click to expand...
You have an under R500 portfolio on EE?


Buy etfs and don’t worry about shares. Learn that whilst you’re young.
 
Wrath of Khan MD said:
you failed 101 of investing.... don't get emotionally involved

your radical political rant is pure emotion, anger, hatred etc because of his party of choice or who he supports. If you did that to every company you wouldn't invest in anything but magic beans.

You sound like Bill Gates or Jim Chanos <-- pure emotion clouded their foresight.

Oh and AI is here to stay, it is without doubt the next revolution in human history, deny it all you want.
Click to expand...
"Radical political rant".....yup no rebuttal so just claim a fantastical reason for not having any reply. 😂😂

You guys are sychophants, no substance to your undying support, just pure defence because of choosing a political side that Musk happens to placate right now. No different to the leftists back when he was a "tree hugging socialist climate change hippy" 😁

AI is here to stay, in fact it will demolish capitalism and institute technolgical socialism btw. Yup we'll all be China sooner than you think.

And that's why I'm upset at Elon, he's messing with my bugout bag lol
 
1754926888611.png
The Air Force recently had 33 vehicles, including two Cybertrucks, delivered to the White Sands Missile Range in New Mexico, with plans to use them as target practice.

Documents first spotted by TWZ show that the Air Force is looking to test the durability of the Cybertruck, given its unique makeup and features, for target-vehicle training test events.

The other vehicles chosen for testing include pickup trucks, SUVs and sedans.

cnet.com
 
Tesla Diner

1756369095125.png
Who doesn’t like a little live percussion and rhythmical vocals to help wash down their meaty treat? We could hear it a block away – a troop of enthusiastic protestors waving ‘swasti-truck’ placards, one wearing a smoking Cybertruck costume complete with Musk mask and another banging a drum and singing an ear worm of a chant – something about Donald Trump and a Cybertruck.
TopGear
 
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