• vegeta@lemmy.worldOP
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    3 days ago

    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

    • RejZoR@lemmy.ml
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      3 days ago

      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.

      • hex123456@sh.itjust.works
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        3 days ago

        Is the supercharger network worth more than the vehicle building business? Akin to owning “the gas stations of the future”?

      • IphtashuFitz@lemmy.world
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        3 days ago

        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…

        • Wispy2891@lemmy.world
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          3 days ago

          Being an insurance company is more a necessity because otherwise that low poly draft that they accidentally put on sale would be uninsurable

    • Catma@lemmy.world
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      3 days ago

      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

  • pyre@lemmy.world
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    3 days ago

    wow they don’t call him genius for nothing. truly a master of deciphering the subtlety of flashing neon signs.

    fucking troglodyte.

  • givesomefucks@lemmy.world
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    3 days ago

    If that was the only issue. Wouldn’t the right (which they claim is a majority) just buy Tesla at this price point?

  • ceenote@lemmy.world
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    3 days ago

    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.

  • the_riviera_kid@lemmy.world
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    3 days ago

    Yeah, that is what is happening, thanks for noticing. How is this brainless fuckstick the richest man in the world?

  • dhork@lemmy.world
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    3 days ago

    Aw, it’s too bad that empathy is the downfall of Western Civilization, because I have none left for him.