BadMoonRisin said:

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Interesting that transparency and telling the truth is now labeled "right wing ideology".

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Especially since Elon is NOT a conservative.

Quote:

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his new conservative politics,

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Actual Talking Thermos said:

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The cars are kind of bad cars. The lack of QC and limited production capacity have been issues since the beginning, but at the beginning they were still the best EV. Not so much now. Now you can get a BMW EV for the same price, with much better quality and service. And soon that will be true of all the big manufacturers. Is Tesla in a position to compete in that market, with substandard build quality, less sales/service infrastructure, limited production capacity, a $15k price tag on the optional autopilot software that seems less than reliable at not slamming you into a highway divider, and the face of the brand seemingly determined to piss off much of his potential customer base?

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Personally I love my Tesla. I love the fact that there are a lot of teslas on the road and their track record with ev is longer than bmw, etc. I owned an M3 years back and their service never impressed me. Why would their service for an ev be any better except that EVs require so little service?

Tesla market cap is still well above many other manufacturers so if they want to deploy that to purchase someone else doing it better, they can.

Until then I'm glad I've got a dual motor model 3. Best driving car I've ever had and I've had bmw, Mercedes, high end nissan, etc.

Aggie Apotheosis said:

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Admiral Adama said:

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I think it has more to do with Tesla being at a 48 price to earnings ratio after the latest dip without any geewhiz new tech/product announcements that justify such a bold valuation.

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I think it's a combination of things. This is just anecdotal evidence, but we were at my wife's company's Christmas party and, naturally, the subject of Elon came up (he seems to occupy so much of the public mind space these days). Several of the women present indicated that they would never buy a Tesla because they just don't like Elon, personally.

I just don't see the value proposition in any business person going public with their own private politics. You run the risk of immediately losing 50% of your potential customers. In this case it appears to be more than that since my guess is that liberals made up the large majority of Tesla buyers. Combine that with the fact that all of the legacy car manufacturers are coming on line with capable EVs and it just doesn't seem wise to me.

My wife's next car will be an EV. That's probably three years away. Two years ago it certainly would have been a Tesla. Now? Doubtful.

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Now do Disney, or Oprah, or Mary Barra at GM, or Nike, or....well heck, you name it.



I do agree (and various data has shown) that leftists tend to probably be over-represented as Tesla drivers (it sort of started as a wealthy status symbol for white liberals I guess). Something about reasoning abilities, ability to think through decisions instead of using feelings. I have no idea if there is a gender bias.

aggieforester05 said:

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AggieCo2023 said:

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Tesla stock is now down 52% since Elon Musk offered to buy Twitter in April, losing over half a trillion dollars in market valuation.

In just the six and a half weeks since Musk took over Twitter on October 28, Tesla stock is down 31%, losing $225 billion in value. pic.twitter.com/W1ukdbpkte

— 🦀 Jon Schwarz 🦀 (@schwarz) December 14, 2022

Whatever one may think of Elon and his new conservative politics, it is an extremely questionable move to become a public spokesperson for right wing ideology while running an electric car and solar panel company. Liberals were probably 75% of his customers (at least) and he has completed lost them. I predict Tesla stock price will continue to plummet as Elon is clearly distracted and prioritizing Twitter.

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More proof that liberals do not live in reality and have an extremely poor understanding of current and historical events. Everything they "know" is a perversion of reality based on DNC narratives instead of facts. Elon is a free speech advocate and not a right wing spokesperson. It just so happens that free speech aligns with right wing ideology and is starkly opposed by modern progressives. Modern progressives are absolutely and unequivocally on the wrong side of history on this issue.

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Correct. Even if they happen to end up being on the `winning' side in the way the Bolsheviks were (for 74 years at least) they are on the wicked side of history.

Actual Talking Thermos said:

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The cars are kind of bad cars. The lack of QC and limited production capacity have been issues since the beginning, but at the beginning they were still the best EV. Not so much now. Now you can get a BMW EV for the same price, with much better quality and service. And soon that will be true of all the big manufacturers. Is Tesla in a position to compete in that market, with substandard build quality, less sales/service infrastructure, limited production capacity, a $15k price tag on the optional autopilot software that seems less than reliable at not slamming you into a highway divider, and the face of the brand seemingly determined to piss off much of his potential customer base?

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Put your money were your built in coffee mug is and short the stock, given your expert analysis.

Elon will be back in richest man pole position once retail results are announced in Feb 2023 and richie frenchy's portfolio takes a hit.

In the interim, Elon can get back to banging hot libs and making more little Elons.

There is no tangible evidence that Tesla's sales are down due to anything he has said on Twitter. Domestic car sales are still strong, they are increasing production from their Texas Factory. They are likewise increasing production from their Berlin factory. Part of the decrease in Tesla stock is due to fear of Chinese demand, whose economy is doing worse than the United States and Europe.

The biggest driver behind Tesla's decline beyond those of the same market sector is that their founders are not, for the first time in a long time, selling shares of the stock flooding the market with additional shares to be traded. Their founders aren't generating debt for a new business that is both unsustainable in its payments in the long term without radical improvement in the business and/or the founder yet again flooding the market with more stock to be traded. He did that again this week by selling $3.5 billion shares of stock and over the last 3 days, and $23 billion within the last year.

These are not "No one is buying Tesla's. People are mad about Musk's comments on Twitter!" It's Wall Street saying "We think Twitter is a distraction, we think it is a financial risk for Elon and by virtue of that a financial risk for Tesla,"

Tesla will be fine on the 10 year timescale, it might not be fine on the 1 year timescale. Most trades are short term focused trades. Tesla is about to crush their quarterly record for car sales. Talk to me in a year.

WaltonAg18 said:

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Frederick Palowaski said:

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Thanks for finally admitting you think freedom of speech is a "right wing ideology".

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"freedom of speech" to your ilk really just means "my opinions and the ones I agree with should be boosted"

Twitter has permabanned Jack Sweeney, who ran the Elon Jets account (also banned) pic.twitter.com/0iQxQQmILD

— Ken Klippenstein (@kenklippenstein) December 14, 2022

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Got 'eeeem

Frederick Palowaski said:

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WaltonAg18 said:

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Frederick Palowaski said:

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Thanks for finally admitting you think freedom of speech is a "right wing ideology".

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"freedom of speech" to your ilk really just means "my opinions and the ones I agree with should be boosted"

Twitter has permabanned Jack Sweeney, who ran the Elon Jets account (also banned) pic.twitter.com/0iQxQQmILD

— Ken Klippenstein (@kenklippenstein) December 14, 2022

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Another fail by Walton. Never change.

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If we can't track and harass and maybe even assault or kill people we hate...our rights are being infringed!

What would Walton do if he and his kids were being stalked? What a hypocrite.

Tesla stock price was always over valued, and still is today.

Layne Staley said:

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Ive been cash ever since arse face poopy pats was inaugurated but Telsa is one ive been tempted to buy

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I am fighting myself with ROKU too.

I completely disagree with you. It is a good value at the moment

Rockdoc said:

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What would Walton do if he and his kids were being stalked? What a hypocrite.

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I am hoping, like a good liberal male feminist, Walton got clipped out of solidarity with women after the ROE decision. It's the trend among liberal males and we should encourage it.

ok

This whole thread is just a troll by the OP

aggieforester05 said:

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AggieCo2023 said:

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Tesla stock is now down 52% since Elon Musk offered to buy Twitter in April, losing over half a trillion dollars in market valuation.

In just the six and a half weeks since Musk took over Twitter on October 28, Tesla stock is down 31%, losing $225 billion in value. pic.twitter.com/W1ukdbpkte

— 🦀 Jon Schwarz 🦀 (@schwarz) December 14, 2022

Whatever one may think of Elon and his new conservative politics, it is an extremely questionable move to become a public spokesperson for right wing ideology while running an electric car and solar panel company. Liberals were probably 75% of his customers (at least) and he has completed lost them. I predict Tesla stock price will continue to plummet as Elon is clearly distracted and prioritizing Twitter.

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More proof that liberals do not live in reality and have an extremely poor understanding of current and historical events. Everything they "know" is a perversion of reality based on DNC narratives instead of facts. Elon is a free speech advocate and not a right wing spokesperson. It just so happens that free speech aligns with right wing ideology and is starkly opposed by modern progressives. Modern progressives are absolutely and unequivocally on the wrong side of history on this issue.

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Leftists/Progressives

Not liberals

AugustusGloop said:

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I completely disagree with you. It is a good value at the moment

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It's less overpriced than it's been.

Tanya 93 said:

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aggieforester05 said:

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AggieCo2023 said:

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Tesla stock is now down 52% since Elon Musk offered to buy Twitter in April, losing over half a trillion dollars in market valuation.

In just the six and a half weeks since Musk took over Twitter on October 28, Tesla stock is down 31%, losing $225 billion in value. pic.twitter.com/W1ukdbpkte

— 🦀 Jon Schwarz 🦀 (@schwarz) December 14, 2022

Whatever one may think of Elon and his new conservative politics, it is an extremely questionable move to become a public spokesperson for right wing ideology while running an electric car and solar panel company. Liberals were probably 75% of his customers (at least) and he has completed lost them. I predict Tesla stock price will continue to plummet as Elon is clearly distracted and prioritizing Twitter.

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More proof that liberals do not live in reality and have an extremely poor understanding of current and historical events. Everything they "know" is a perversion of reality based on DNC narratives instead of facts. Elon is a free speech advocate and not a right wing spokesperson. It just so happens that free speech aligns with right wing ideology and is starkly opposed by modern progressives. Modern progressives are absolutely and unequivocally on the wrong side of history on this issue.

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Leftists/Progressives

Not liberals

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Exactly. I, like everyone here, disdain the far left "woke". They're a pox on the left.

P/E ratio down from 215 at the end of 2021 to "only" 45.

I may be a day trading simpleton, but I think that means the stock was overvalued.

Op is what happens when you let Almost Professor Sidewalk Chalk keep their job.

TacosaurusRex said:

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Op is what happens when you let Almost Professor Sidewalk Chalk keep their job.

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It's why I dont give money to A&M

Many stocks are feeling the pain.

The Intel stock I have went from $64/sh in March '21 to about $27/sh today.

Got to love that $37/sh paper loss.

Brutal.

Disney stock is also way down and its never been more woke.

Both companies need to evolve or do something but to say they are "finished" is silly. And to be honest they arent saying that about DIsney so me thinks this is more about dumping on Elon

Tesla has always been overvalued stock price wise, but the markets seem to be punishing Elon Musk for all his twitter antics.

Tesla will bounce back at some point because EVs are the future, but its gonna take some time

CDUB98 said:

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How many of you leftys realize that Tesla is more than just a car company?

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Yup. Domino's Pizza is a hell of a lot more than a mediocre chain pizza joint. They're a tech company that happens to also sell pizza.

Both want to sell enough of their public facing product to fund technology advances they then sell the hell out of to competitors or other industries.

Just another example of libs talking about the climate crisis but not actually behaving as though there is a climate crisis.

Actual Talking Thermos said:

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The cars are kind of bad cars. The lack of QC and limited production capacity have been issues since the beginning, but at the beginning they were still the best EV. Not so much now. Now you can get a BMW EV for the same price, with much better quality and service. And soon that will be true of all the big manufacturers. Is Tesla in a position to compete in that market, with substandard build quality, less sales/service infrastructure, limited production capacity, a $15k price tag on the optional autopilot software that seems less than reliable at not slamming you into a highway divider, and the face of the brand seemingly determined to piss off much of his potential customer base?

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Autopilot is free and I've never had an issue with it. The build quality is also markedly better than it was a few years ago. I didn't see a single flaw at pickup. The supercharger network is also unbeatable. Ive had two service issues and both times Tesla service drove 45 miles to my rural home and fixed the issue in my driveway.

nortex97 said:

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And yet it is still, today, the 8th most valuable company in the world. I'm not even a fan of their cars/EV's in general as some here know, but I respect that they have built...something a lot of people highly value.

I still think it's overvalued but I am not an investing/stock expert by any means. 2 months ago it was (about) equal to the SPY loss on the year, and realistically much of it this quarter seems to have been driven by their Chinese production/pricing/issues, which would seem to me unrelated to his twitter stuff.



Toyota, at around $200 billion, is it's nearest competitor by valuation, I think. This is a weird/pathetic way to try to 'burn' Elon fans, really.

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Tesla's value is not in their cars.

It's in the database of information they have.

Their camera's record everything and Tesla owns all that data.

RWWilson said:

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AggieCo2023 said:

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Tesla stock is now down 52% since Elon Musk offered to buy Twitter in April, losing over half a trillion dollars in market valuation.

In just the six and a half weeks since Musk took over Twitter on October 28, Tesla stock is down 31%, losing $225 billion in value. pic.twitter.com/W1ukdbpkte

— 🦀 Jon Schwarz 🦀 (@schwarz) December 14, 2022

Whatever one may think of Elon and his new conservative politics, it is an extremely questionable move to become a public spokesperson for right wing ideology while running an electric car and solar panel company. Liberals were probably 75% of his customers (at least) and he has completed lost them. I predict Tesla stock price will continue to plummet as Elon is clearly distracted and prioritizing Twitter.

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It just goes to prove that ideology trumps everything for the left. "Yes I want to buy a car to save the environment because I care. Also, screw the environment if the car company is owned by someone who doesn't recognize my pronouns".

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Sales of other brands are going up.

A poster who cries about paying his/her/zhe student loans back is calling a company finished. Never change.

agracer said:

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nortex97 said:

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And yet it is still, today, the 8th most valuable company in the world. I'm not even a fan of their cars/EV's in general as some here know, but I respect that they have built...something a lot of people highly value.

I still think it's overvalued but I am not an investing/stock expert by any means. 2 months ago it was (about) equal to the SPY loss on the year, and realistically much of it this quarter seems to have been driven by their Chinese production/pricing/issues, which would seem to me unrelated to his twitter stuff.



Toyota, at around $200 billion, is it's nearest competitor by valuation, I think. This is a weird/pathetic way to try to 'burn' Elon fans, really.

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Tesla's value is not in their cars.

It's in the database of information they have.

Their camera's record everything and Tesla owns all that data.

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And the Chinese CCP don't like it! Which is why TSLA China is in doubt. They've had "discussions" with them over this.

agracer said:

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nortex97 said:

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And yet it is still, today, the 8th most valuable company in the world. I'm not even a fan of their cars/EV's in general as some here know, but I respect that they have built...something a lot of people highly value.

I still think it's overvalued but I am not an investing/stock expert by any means. 2 months ago it was (about) equal to the SPY loss on the year, and realistically much of it this quarter seems to have been driven by their Chinese production/pricing/issues, which would seem to me unrelated to his twitter stuff.



Toyota, at around $200 billion, is it's nearest competitor by valuation, I think. This is a weird/pathetic way to try to 'burn' Elon fans, really.

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Tesla's value is not in their cars.

It's in the database of information they have.

Their camera's record everything and Tesla owns all that data.

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Its also the AI that this data feeds. Tesla will have some of the most advanced AI on the market for a long time.

BurntOrangeIsBeautiful said:

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RWWilson said:

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AggieCo2023 said:

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Tesla stock is now down 52% since Elon Musk offered to buy Twitter in April, losing over half a trillion dollars in market valuation.

In just the six and a half weeks since Musk took over Twitter on October 28, Tesla stock is down 31%, losing $225 billion in value. pic.twitter.com/W1ukdbpkte

— 🦀 Jon Schwarz 🦀 (@schwarz) December 14, 2022

Whatever one may think of Elon and his new conservative politics, it is an extremely questionable move to become a public spokesperson for right wing ideology while running an electric car and solar panel company. Liberals were probably 75% of his customers (at least) and he has completed lost them. I predict Tesla stock price will continue to plummet as Elon is clearly distracted and prioritizing Twitter.

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It just goes to prove that ideology trumps everything for the left. "Yes I want to buy a car to save the environment because I care. Also, screw the environment if the car company is owned by someone who doesn't recognize my pronouns".

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Sales of other brands are going up.

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Tesla sales are up 35% year over year. They are worth more than twice as much as the closest (2nd place) competitor. Their market share of the US market doubled year over year.

Which other significant brands are doing better, again?

agracer said:

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Tesla's value is not in their cars.

It's in the database of information they have.

Their camera's record everything and Tesla owns all that data.

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This.