What moron wants to drive a Tesla? It's not a prestigious brand and makes you look like some low IQ Trumpanzee. |
The vast majority of Tesla owners did not/will never vote for Trump. Tesla was the darling of the "Green New Deal" crowd or have you forgotten? |
That was last year. This year they are associated with a right wing super troll |
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Up 68% in the past month.
This thread has been awesome. Let's hope the progressive warriors on here keep it going for another few months. Some of us have made good money in TSLA over the years, but things were getting dicey.... until this thread came along, like a raft and a song. Let's put this in perspective - Tesla produced more than 1.2 million units over the past 12 months. Ford expects to produce 400K EVs during the 30 months ending June 30, 2024. Please, by all means continue to short TSLA. |
I have been buying TSLA all back when it was 30-90 and then sold it all at 300. After the gains this month it's at 181. So super glad I did that. I did just buy back in a bit at 110 , but just sold at 175. I don't think it's going back up--the e vehicle environment has changed--both US and internationally. It has little to do with "progressive warriors" though it's never smart to piss off your customer base. |
Doesn’t matter. People still buy them if they want an EV. 2 of my friends in California just got new Teslas. They aren’t Trump fans. |
Just the CEO and his inner circle. I don't see rednecks in Trumpistan dumping their gas guzzlers en masse and jumping on to Teslas. Buyers are still mostly lefties, enviro-nerds and Asians looking for deals. Teslas are a bad value proposition regardless of Musk's political affiliation but that's another story. |
FFS, we bought our Tesla in 2016. It’s fully paid off and still a great car. We should sell it because someone might think we’re Trumpers? That says more about them than it does about us. |
But US demand for Teslas is softening--maybe in part due to Musk--but more because there's more competition. Internationally there's more competition as well. Tesla is going to steadily lose market share. The hope is that the market will grow big enough that a declining market share isn't a problem, but TSLA is valued like a tech growth stock and the competition are valued like stable car companies. |
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Do you all realize that Tesla also makes batteries, not just cars? They are now making the megapack batteries at the Austin plant. They have 3 production lines and only one line is fully operating right now. However, the other 3 will be going soon. Those battery packs have about 100 times the storage capacity of a normal Power Wall. These are for lots of applications in energy storage and probably related to the Cyber Truck as well. Nobody else is making those. Nobody. Plus Tesla is looking at building another plant to make them. This is not all about cars. |
A LOT of money can be made in meme stocks, but speaking to actual value is a different matter. Don’t pretend you actually know the direction month to month, but long term it will return to earth as a 2nd tier car company. |
Batteries are one of the more promising aspects of TSLA and why they still are valued at like 10x P/E of a standard car company. But their production has run into quite a lot of hitches and isn't proven. Their logistics isn't great overall. |
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https://www.msn.com/en-us/autos/news/tesla-confirms-dollar36-billion-investment-in-giga-nevada-facility/ar-AA16HoQW Investment in Nevada site for batteries and semi truck. |
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Folks who think TSLA is just an automobile company are short-sighted. TSLA's battery business, including their roofing material business, is growing. They are also a data company that has a ton of data points about the folks who drive their cars. These are wealthy folks and TSLA knows where they live, work, play, vacation, etc....
But sure, the dude on the spectrum likes the wrong politician so we must crush him and those who respect him at all costs. |
That customer base is fairly well-educated and doesn't just live in CA and NY. They might not worry that the guy who invented the car they drive doesn't share similar political viewpoints. Also, don't forget the folks in China couldn't care less about all of the fawning correctness going on over here. |