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[quote=Anonymous][quote=Anonymous][quote]
https://www.nytimes.com/2025/06/07/business/trump-elon-musk-tesla.html

Tesla is already suffering steep declines in sales and profit. The company’s share price plummeted 14 percent on Thursday, its biggest one-day decline, after Mr. Musk and Mr. Trump began insulting each other on social media. The stock recovered somewhat Friday, rising nearly 4 percent, perhaps on hopes that the men would reach a truce or because investors thought the stock was now a bargain after the previous day’s drop.

There was always a disconnect between Mr. Musk and his Republican allies on electric cars. The domestic policy bill passed by House Republicans and being considered by the Senate will hurt the electric car market in the United States, where Tesla is the largest manufacturer by far.[/quote]

The fight is going to be long and tough so if you have Tesla stock you need to hang in there for the long term. Electric cars and solar are the future. It has been very successful so far and a few quarters of decline in sales are not going to be the end of the world for it. The stock market is fickle. [/quote]

Tesla stock was always a meme stock, even after these large drops its PE is 156.

Its solar business is unprofitable, that’s why Solar City went bankrupt and Musk bailed out his cousin.

Electric cars may be the future, but there is 50 years of oil available at current rates, and with advancements in hybrid technology and oil shale extraction it can easily go to 100.

We may develop a synthetic fuel generated from electrical sources, which may provide higher energy density and faster refueling than batteries.

Tesla has been a high flying stock because of Musk, and while the Musk Meme Bros are hanging on, he is really jeopardizing it. [/quote]

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