PackMan97
Member
Give it time.
Teslas and other electric vehicles
- Thread starter moonpie23
- Start date
TheDevilMadeMeDoIt
Member
There are plenty of really good ev’s out there that don’t make political statements!
The pandemic started five years ago but the new world order started four year ago. It would be a better point of comparison. Using that Tesla has around zero gains/loses. That’s about the same stock performance as GM and Ford. Two legacy companies that it was supposed to be different from. At least those two pay dividends.
It’s down 50% from the December peak. GM and Ford are off about 25%. Yes it was up 100% since the election but to lose half its value in three months is an epic failure. The Elon hate has lead to more scrutiny of Tesla’s fundamentals and exposed that the price is being propped up by hopes and dreams (or lies and deceit). The valuation hasn’t made sense as an auto manufacture for awhile. It sells 2 million cars per year which doesn’t make it a big player overall. It does make it a massive player in the EV space but the future growth of that space is now in question. I personally think we’ve gotten to a baseline but how many EV are sold but how quickly growth is uncertain. Even in a world where Elon wasn’t an nutter and the new model Y becomes a massive hit what would be the projected sales growth? An extra 150,000-200,000 optimistically? Still the price would not be unjustified. Its built on the over promise of AI and FSD and Model 2 and semis and robots. Well people don't want the robots or the cars.
It’s down 50% from the December peak. GM and Ford are off about 25%. Yes it was up 100% since the election but to lose half its value in three months is an epic failure. The Elon hate has lead to more scrutiny of Tesla’s fundamentals and exposed that the price is being propped up by hopes and dreams (or lies and deceit). The valuation hasn’t made sense as an auto manufacture for awhile. It sells 2 million cars per year which doesn’t make it a big player overall. It does make it a massive player in the EV space but the future growth of that space is now in question. I personally think we’ve gotten to a baseline but how many EV are sold but how quickly growth is uncertain. Even in a world where Elon wasn’t an nutter and the new model Y becomes a massive hit what would be the projected sales growth? An extra 150,000-200,000 optimistically? Still the price would not be unjustified. Its built on the over promise of AI and FSD and Model 2 and semis and robots. Well people don't want the robots or the cars.
Is he still alive and an unelected bureaucratic making decisions affecting BILLIONS OF PEOPLE around the world? If so I'm against Ford too. There is a difference between holding a company accountable for actions in the past and actions literally done today. VW built vehicles for Third Reich. BWM engines powered the Luftwaffe. Those companies, like Ford, have long passed those associated. This man and Tesla are inseparable. He's made sure of that even forcing his way into being called a "founder" of the company when he's no such thing. He's a cuckoo in the literal sense. He uses the same brood parasitism that the bird uses. If the company lasts a 110 years, if society is still around, maybe there will be a dissociation. Until then Elon is Tesla and Tesla is Elon.
Understood.
I'll move to the company and it's offering. It's become stagnant. It's focusing so much on self driving at the expense of the development and advancement of other features. For the US market Hyundai and it's Ioniq is jumping forward. The new 9 has a 330 mile range and 800-volt architecture for the faster possible charge currently. Tesla is behind the curve and stubbornly sticking to using 400-volt systems. It's not adapting to shifting consumer demands like buttons or CarPlay/Android Auto. Even it's implementation of SiriusXM is obtuse. The lack of innovation is hurting it in China and eventually in other markets.
Wheat/"/"/"
Well-known member
I almost bought Tesla recently on this dip,but ultimately decided on adding a little more Amazon and Alphabet to the portfolio.
I plan to buy some Tesla next, mainly due to Musk’s commitment to double production over the next two years that he announced today, the unveiling of the RoboTaxi fleet scheduled for this summer that I think will end up being a big success, and the growing improvement and scaling of their Powerwall battery storage systems.
Oh, and the real kicker, its looking like a can’t miss opportunity now to me, especially seeing Kdogg’s so against it.
I plan to buy some Tesla next, mainly due to Musk’s commitment to double production over the next two years that he announced today, the unveiling of the RoboTaxi fleet scheduled for this summer that I think will end up being a big success, and the growing improvement and scaling of their Powerwall battery storage systems.
Oh, and the real kicker, its looking like a can’t miss opportunity now to me, especially seeing Kdogg’s so against it.
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Replied on the Investment thread.I almost bought Tesla recently on this dip,but ultimately decided on adding a little more Amazon and Alphabet to the portfolio.
I plan to buy some Tesla next, mainly due to Musk’s commitment to double production over the next two years that he announced today, the unveiling of the RoboTaxi fleet scheduled for this summer that I think will end up being a big success, and the growing improvement and scaling of their Powerwall battery storage systems.
Oh, and the real kicker, its looking like a can’t miss opportunity now to me, especially seeing Kdogg’s so against it.
bundabergdevil
Member
There’s always the punchable offense thread, too!!!
PackMan97
Member
FIGHT! FIGHT! FIGHT!
That's already gotten two threads closed. I'm not doing that to this one.
I still think EV's are the future (climate change is real - and that is not and should never be considered a political statement). Tesla, on the other hand is not the future unless Elon sells out and even then, if the brand is still stained by him it won't be the future. The growth rate of EVs in the US may fluctuate depending on who's in office and how effective the disinformation campaigns are...
So, 85 years ago I wouldn't have bought a Ford. Today I won't buy a Tesla, nor will by I buy their stock.
TheDevilMadeMeDoIt
Member
I can’t accept that Elon’s promises as related to what will happen at Tesla have any foundation in truth. He has been promising full self driving for years. Just reported that China opened up a special section of road for full self driving cars to be tested. China did not approve the updated Tesla to participate. This was clearly reported on CNBC. As far as doubling production with sales cratering in Europe that isn’t going to happen. Based on my unscientific observation of Tesla’s overflow lot in Nashville being the fullest I have ever observed my suspicion is sales are falling in the US too. First quarter sales for the US will be out in about 3 weeks so we will have a better picture of what is happening here. Those will also show how EV’s are selling at Hyundai and GM. Are their sales still increasing since they have made great strides. Just read an article calling the Cybertruck a massive flop. Once again there are probably 50 parked here in Nashville. It seems anyone who wanted that monstrosity has already purchased it. I did almost buy Tesla stock when it was around $150 a little over a year ago. I didn’t, so my bad. But way too many questions for me to look until it approaches that low again. If I am wrong that will be fine too. It won’t be the first time.I almost bought Tesla recently on this dip,but ultimately decided on adding a little more Amazon and Alphabet to the portfolio.
I plan to buy some Tesla next, mainly due to Musk’s commitment to double production over the next two years that he announced today, the unveiling of the RoboTaxi fleet scheduled for this summer that I think will end up being a big success, and the growing improvement and scaling of their Powerwall battery storage systems.
Oh, and the real kicker, its looking like a can’t miss opportunity now to me, especially seeing Kdogg’s so against it.
I have not set foot in Target since they went bigot. I do not shop at Hobby Lobby. I avoid Walmart and Amazon as much as I can. I have no WF or Chase accounts but that's just a coincidence. None of these compare the hate I have for everything Elon. Yes, I understand all that is a drop in the ocean but I hope that finally enough people are starting to realize that voting with your $$ matters.