Would I call GME a thriving stock before the hype? I do think their stock price was a little undervalued before the hype, and I think it’s a little over valued now. I certainly agree stock price is not always 1:1 of a company’s health, but it is a fantastic indication for outsiders. But to say telsa is failing because of this news I think is incorrect. Also, to say their stock is doing poorly by any metric I would also say is incorrect. I’m no Wallstreet broker though.
Fair enough. If you really are that confident then buy some short positions and rake in the cash! I’m done playing those games as it’s too volitile and I’m too bad lol mutual funds for me because I can admit I can’t see the future of companies
The whole point is that the market’s irrational, why would I buy shorts and basically gamble away my money? The literal point of this thread chain is that the stock value is disconnected from real-world practicality.
That’s my point with my last comment. It would be gambling because no one can really tell where the company is going. People say they know company X will go up or down but never put their money where their mouth is. If a company fails, the stock will go down. If the company does well, the stock will go up. Absolutely the relationship between company health and stock valuation is a bit blurred, but they are clearly closely related.
I agree they aren’t “failing” yet. But let’s put their price in proper context …
That is a 10%-12% after hours pump. All institutional sellers needed to do was lift any orders they had pinning the price down. While the price could skyrocket tomorrow morning, I think it’s more likely to get more attraction from people wanting to cut their losses. If I had millions in stock, I would want to buffer that price range with orders from people who think after hours prices mean something.
Oh I totally agree and I’m not saying this single day is the biggest day of tesla. Just that this news isn’t singling the end either. But over all, the stock price has done stupidly well. 800% increase in 5 years for a company this size. Absolutely wild, in any context. I have no money in it and don’t plan to, nor will I buy a car from them just to make it clear I’m not a fan boy.
Put gas tanks on Teslas so they can hold gasoline, and the driver can buy gasoline, but it’s not actually burned in the operation of the car. Only if the battery catches fire and the whole thing explodes.
The gas tank need sto have a hole so it can pour straight to the floor, or maybe they could have a feature where every mile they drive their bank automatically donates some money to chevron or someone somewhere gets stabbed
Even if he sold Tesla and they are no longer associated, they won’t get a sale from me. In my mind, they and their products are tainted. I hate them with a fervor especially after all the bullshit they pulled against high speed rail. Fuck Tesla.
Anti-repair company that forces you to go into certified Tesla Repair servicers. Potential for obsoletion is high, and so is the potential that they could disable/downgrade older models remotely.
They make most of their money by paying engineers incredibly low wages.
It's like they have the opinion that they got it perfect first try.
I'm not a fan of Apple style the same but slightly improved each year, but for a. Investment like that, I want there to be a difference in build quality at the lowest end of the spectrum.
Tesla just pushes the exact same thing with new promises of full auto driving
Model 3 Long Range is still nearly $50k. They’ll have to cut more for me to even consider. Also; they’d need to fire Elon Musk and deny him his $54 billion pay package.
I just sold my 2021 Tesla Model Y and picked up a new Rivian R1T. I had already put my money down on the Model Y when Elon started becoming political and promoting hate. He is the only reason I sold my Tesla. I actually enjoyed driving it.
I think that’s a big part of it, but even putting him and all his BS aside, they haven’t really done much innovating in years. In the mid '10s it seemed like they were making big gains in manufacturing and following up the success of the Model S with the X, Y, and 3 as well as developing the gigafactory and things like the powerwall. Since probably 2019 though, they’ve just been spinning their wheels and stagnating on things like autonomy and building the Cybertruck with no real gain to show for it.
I imagine it won’t be long before he’s ousted though as it provides a convenient scape goat for everything along with shedding dead weight who’s main appeal previously was being outspoken online and “a disruptor” before everything turned to right wing politics.
they haven’t really done much innovating in years.
They just released a new vehicle (like today). It’s a $45k sedan that does 0-60MPH in 3 seconds.
Another recent vehicle is the first production vehicle made of stamped cold-rolled steel. It is the first production vehicle with a 48V low-voltage system. It is the first production vehicle with steer-by-wire.
Not long before that they released a vehicle that’s faster than any production car (when it was released) with triple carbon-sleeved rotors that decimated the 60+MPH EV acceleration problem, and it was a 4-door sedan that costs hundreds of thousands of dollars less than said supercars.
Now you may not like those features, and you may not like the vehicles, and you may hate the brand and it’s leader, but you can’t say they aren’t regularly innovating. There are lots of super talented engineers at Tesla that are not Musk.
E: lots of downvotes and an accusation, zero counter-arguments.
The 48V system and the binder Tesla sent to other auto manufacturers of how to finally do it is a great example. Videos I’ve seen on it made it seem really really cool, hopefully other manufacturers follow suit
Not all innovation succeeds and this might not, but what other car company would even try? Innovation is about being willing to try things that are new and different, even when it fails
I mean it’s teslas fault they’re cheap skate assholes, but it’s technically your fault you didn’t buy the clear coat. It’s not like the option wasn’t there.
I honestly figured people who bought it like that were going to apply their own finishes to it, not just let it rust. It’s not like stainless steel is actually stainless.
I suppose the fact they bought the damn thing in the first place should have been my first clue.
No it is not your fault. You should not be expected to buy a car with the expectation that it will rust immediately unless you pay thousands of dollars more. That’s essentially saying you’re going to have something broken unless you pay extra.
The guy deserves all sorts of crap for the way he runs his mouth (and so do we all for putting him on that pedestal), but come on ….
Since 2019
incorporates a heat pump for the first time
new batteries
gigacasting
new factories and huge scale up
pushed NACS as the new charger standard
Sure the vehicles look similar but there’s still huge innovation …… except that Cybertruck. If ever there was a good time for them to just let something drop to obscurity, it would be when that had so much trouble and Rivian and Ford beat them to release
No surprise. A fascist leader, and a product line that started looking dated years ago. All while established car companies have caught up. I can’t imagine a future for Tesla that’s not just pain.
The cybertruck looks like something a 5 yo mocked up with crayons.
It has (heavy) stainless exterior panels without a clear coat causing it to need frequent washing or risk rapid deterioration.
The entire Tesla production chain has issues with quality control. Full self driving is just a euphemism for lane assist, adaptive cruise control and a handful of other features and is illegal to operate in most states, (AFIK very few states have allowed it,)
Oh and their CEO is a rich frat boy and also probably the one with the crayons.
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