Could it also be that TSLA still has a grossly inflated price at 100x forward earnings. What has it done in the last few years to deserve such a multiple? Make statements about self driving coming tomorrow, hire actors to dance in a robot helmet, and sell trucks with the doors falling off?
Hell, the price is still higher than right before Trump got elected this past November .
Nah, it’s just cAnCeL cUlTuRe
I’ve always said that, how can be Tesla valued more than several worlds largest car makers combined. Car makers far more reliable and on track than bullshit Tesla.
Is the supercharger network worth more than the vehicle building business? Akin to owning “the gas stations of the future”?
Not that I’m a Tesla apologist, but keep in mind they are more than just a car company. Also in their portfolio:
- Solar panels
- Residential power storage (Powerwalls)
- Commercial/utility grade power storage (Megapacks)
- Vehicle insurance
- SuperCharger network
- Robotics
Granted, things like robotics are clearly mostly hype at this point, but they have sold & service Megapacks in countries including the US, Canada, and Australia. Their Supercharger network is also seen as a valuable asset given it’s really the only highly reliable nationwide one. Add to that the fact that it’s now an open standard that other EV companies are adopting, and non-Tesla EVs can now charge at many Supercharger stations, and the value of that asset can’t be understated.
I have no idea what the Tesla EV revenue is compared to all this other stuff, but it’s all likely helping boost the value one way or another…
Being an insurance company is more a necessity because otherwise that low poly draft that they accidentally put on sale would be uninsurable
Elon has likely pumped his stock price using call options. It shouldn’t be worth anything near what it is.
https://www.reddit.com/r/options/comments/hk7nqe/tesla_infinity_call_gamma_squeeze/
I cannot hope for traditional justice for this man so I will resign myself to waiting for a ketamine overdose.
This seems like the worst way for him to go because 100% his “fans”, if you want to call them that, will say it was the deep state that killed him for getting to close to their operations. They will try to get Trump to double down on his cuts to the government and it will make things worse somehow.
Really no matter how he goes it will be due to the deep state unless he Luigi’s himself
Deep state but not the Trump one I guess?
wow they don’t call him genius for nothing. truly a master of deciphering the subtlety of flashing neon signs.
fucking troglodyte.
Yes. Was there a question in there?
If that was the only issue. Wouldn’t the right (which they claim is a majority) just buy Tesla at this price point?
Ahhh so he does perceive us commoners
…when we get in the way of his dream of total power and control.
He’s exactly right, because the broken system allows him to wield government power with the public having no other way to hold him accountable.
That’s called the free market, you communist pig.
Wait. Is that man wearing a cheese hat? Why is that man wearing a cheese hat?
Well, if it pains him: good, continue.
Yeah, that is what is happening, thanks for noticing. How is this brainless fuckstick the richest man in the world?
Aw, it’s too bad that empathy is the downfall of Western Civilization, because I have none left for him.