There's a reason that Musk is the one representing all the other oligarchs. He can afford to lose a lot and still be okay. |
It’s a meme because its valuation is untethered from the technology and product sales. GameStop is a thriving used game marketplace, also a business. Also a meme because that’s a very small business. TSLA should be valued between Subura and Toyota. |
Earnings per share is $2. At that rate it is going to take 100 years to get anywhere close to the cost of your investment. And sales and profits are falling rapidly. I can guarantee you that its robocabs will not materialize. Their tech doesn’t work without adding lidar. And their robots are simply ridiculous. There is no technology and no product. The company is worth 10 percent of its current valuation. |
I don’t know, their robots looked pretty impressive at one of their recent earnings calls. |
|
F#$@ Tesla. They are going to b lucky if every single showroom doesn't burn to ground by the end of this.
Once poor people have nothing to lose... |
Yes! Waymo is in trouble! Tesla once they start their service will dominate. 200,000 paid rides by Waymo is nothing to worry about. |
| But no one will choose a Tesla robotaxi now. They are toast. |
No one will choose one because their technology literally does not work. They tried to do it without lidar and it can’t operate. I would give odds of a thousand to one that they will not be on the roads in June. |
Their robots are pre programmed to a narrow set of tasks for those demos. FSD is always 5 years away… |
The funniest part to me about the robotaxi idea is that even if the cars fundamentally work and people are comfortable taking them, who is going to own the cars? We are talking hundreds of thousands of cars across just the US alone. That's a massive capital investment- and the reason folks like Uber/Lyft have any value is that they don't have to make the capital investments, they get their cut of ride revenue and that's it. It's a completely different business owning and managing fleets, the capital costs, repairs, etc. All of that right now flows downhill to the drivers to manage individually. Does Uber really want to be in the business of having billions of dollars of cars on their balance sheet? I wouldn't want that if I were one of their investors. |
| Saw a video on reddit that Cybertruck's front mental panel is glued. Yet, Consumer Reports gives Models 3,S, Y, X ok reviews for reliability. The PE ratio is high. It is an odd company. Toxic, so it comes with a risk/reward. As an auto it is probably toast. As AI or something else, probably it has some upside if the market buys the hype. If it gets folded into the X-everything meme, it may pop. Musk himself was tweeting about 1000% upside. Especially if his companies take all of the government contracts and government is forced to buy thousands of his cars. |
|
There’s an account on Instagram and tiktok called @MolesRCool that compiles all the hilarious, terrible cybertruck videos. He talks a lot about big trucks in general (esp how most owners never haul or town anything in their “work truck.”). Great account for laughing at cybertruck owners boasting about doing “truck stuff” that a Subaru can do.
The reddit finance people say that if Tesla gets to $100, Elon is ruined since his stock is the leverage for his acquisitions. Goals! |
Elon is hardly ruined. The Falcon 9 went up today with the four astronauts. The booster had a perfect recovery. Space X is the only company in the world that can recover a rocket booster. It makes those flights A LOT cheaper. You can see the booster coming back in at about the 7:30 mark. https://www.youtube.com/watch?v=S9JDQl3AYH0 No matter what happens to Tesla, Space X is going to be here. |
Sorry, I don't invest in companies owned by Nazis who are destroying the federal government and the metro DC economy. |
Is that the one where it was just people cosplaying robots?
|