The argument from more serious investors used to be that it was priced high because Tesla was supposedly going to become the Windows of EV Operating Systems or something like that.

The old, promise the moon, pump the stock and get that 50+ billion dollar judgement back as well as move the corp to Texas plan.

Then, oh, sorry. These things happen.

Musk is trump with a little more brains. Same amount of ethics and integrity though - zero.

^^This^^

The dark side of the force is a pathway to many abilities some consider unnatural.

I’m not saying it’s hard exactly, but software glitches to happen sometime and a software glitch that happens with 2,000 hp on tap, apparently in burn out mode so I assume it’s putting all 2k hp to the ground, results in something like this. It legit looks like it went from both wheels driving forward to one going…

It’s totally valued correctly... not because of car sales, which is their only real profit-making source. It’s because they are an AI/tech company that is making software and robots. But just don’t get too hung up on the fact that they are not even closer to being a leader in any of those areas, and other companies…

I think the commenters nailed it. It was certainly a software glitch, don’t you love our EV future, where it seems the right wheel stopped or locked up maybe, or even switched to reverse and it kind of “tank turned” into the hay, you can see it seemingly happen a second time with it suddenly starts reversing after a…

Hopefully Clarence doesn’t make it to next fucking week.

You don’t know what that buffalo did. The link didn’t work for me, BTW.

Them simply retiring/dying isn’t enough to make a tangible change. It has to happen when there is a Dem POTUS & heavily enough Dem controlled Senate to get a different appointee pushed through (Sinema & Manchin have proven a paper majority doesn’t equate to a real majority). Otherwise, it will be either massive delays…

If we grind Elon Musk in to a fine powder, his DNA can be on Mars in a matter of months.

Can’t wait until he joins the metaverse.

I guess his old routine of announcing some new vaporware that will be out “sometime next year” finally stopped working. Now he’s on to completely redefining what the company is whenever it fails at what it’s actually doing. Next he’ll claims Tesla is just an app developer or something.

A dig into the Q1-2024 shows they have a yield exposure that if rates fall too far, they might feel some pain. Long term securities are decreasing in interest payments around 2% on average.

This. They’re small potatoes compared to the big three

Anyone notice how Musk started to try to label Tesla as “not a car company” right when their actual car. sales started tanking?

Their compensation models are calculated on assets under control along with profit. But we all know it’s a shell game of how the compensation committee plays with the numbers as the payment schedules.

It is the garage for every race there.

First gear: A YoY jump from 7.2% to 8% EV share of new car sales is pretty dismal considering how much that market has changed in the past year (in favor of EV ownership). Many automakers are selling their EVs at a loss currently, and there’s no way this is sustainable for them to keep going without a dramatic uptick…

i don’t disagree. was talking about the fraud that is DJT. the folks putting money into that in hopes of any return might well be either very slow or looking to game it. that company is and always will be nothing more than a vehicle for some guys to steal from dumber guys.