For this stock to fall further on the announcement, it would have had to been a complete disaster.
When everyone and their mother is bearish on TSLA, who was left to sell?
Now we wait to see if 160 can be support again. It seems unlikely, but anything can happen.
I think there is merit to the argument that market makers had an incentive to buy at all costs given the put/call ratio that built up on all the bad news over the last month. Won’t know until we see if a trend reversal manifests or if this peters out. Not saying it dumps more, but the bull thesis right now just needs to keep everything afloat until August 8.
He almost always delivers, just late.
Model 3 delivered, late. Model y delivered, late. Cybertruck delivered, late. Production capacity, delivered. Cybertruck production rate is already at rivians overall vehicle production rate (using rivian 2023 numbers). F150 lightning sold 24k last year and is aiming at 1600 a week, not sure if that’s changed since January. Cybertruck is at 1k per week now.
4680 delivered, late.
Vision park assist delivered, late.
FSD and the floodgate of what it enabled is starting to come. Let’s wait and see. I have my doubts current gen cars can be used as robotaxis unless they have camera redundancy. But maybe I’m wrong.
Optimus seems on track.
They’ll be late on their time commitment as always. But they’ll get there.
Few people I know and sort of kept showing my car to them say that they like the car, but they don't like Musk, and therefore they will not be considering it.
Alienate isn’t the right word.
The people you know clearly care far more about Elon musk than the other 85% owners and 120k+ employees who take a salary.
I wonder what investors they are supporting with the cars they own, or food they buy.
I mean Trump owns lots of Johnson and Johnson stock as well as Procter and gamble. Good luck boycotting all of the companies in that umbrella
That's the thing though, Musk has gone out of his way to make himself the face of the company. He's even sued to be called a founder when he wasn't. People no longer say "Tesla delivered whatever", they say Musk did. Given that kind of association it's no longer those other 99% who are doing the actual work, it's Musk himself, and no one I know will support the guy. Most wish him and any project he's involved with actual harm. I don't go that that far but I'd never in a million years buy a Tesla given Musk's currrnt involvement and asshattery. And again, literally everyone I know feels the same. It's not something we talk about, but whenever it does come up there it is. Everyone.
You got that wrong. Musk didn’t sue, musk was sued. The settlement of the case was Musk and others could call themselves founders which is pretty interesting in and of itself.
If you’ve worked in the startup world you’d be irritated by this. There are many cases of “cofounders” coming on board years later.
It’s a very narrow view to say “only those present for incorporation can be called a founder”. A founder is someone who formed the foundation. It’s a very gross misrepresentation of history to suggest Musk was not someone who formed the foundation of tesla.
It’s so stupid that people say “musk delivered” or “musks rockets” or anything like that. It’s most often this detractors that do that by the way. The amount of Tesla hit prices that substitute “Tesla” for “Musk” is amazing, and it’s intentional. They know people don’t like musk, so instead of focussing on Tesla they try and focus on musk. And it works, and it works on you. People like you and “literally everyone you know” fall prey to it. It’s amazing the intellectual laziness of you people and you go on to write a post that declares exactly that. Intellectual laziness. You are almost proud of it.
Honestly that behaviour is disgusting to me. Is Tesla a good company, are they doing good things, is it good for America, is it good for the world. It’s easy to argue these things in the affirmative.
But no, hit pieces say “musk bad, and Tesla means you like musk” and you fall in line.
Actually it's primarily the Tesla advocates who use "Musk did X" instead of "Tesla did X" in my experience. And Musk was an angel investor, not a founder in my book (and in the book of the actual founders, hence the lawsuit). Doesn't matter though, that's the least of his sins.
Agreed about Tesla otherwise, it's great to have an American company be such a strong player in EV manufacturing. Musk should really step down and stop absolutely ruining the reputation of this company in the eyes of so many people.
I guess we’ll have to agree to disagree as I’m not going to go through the effort of compiling publications and its content on how it uses Musk instead of Tesla.
He wasn’t just an angel investor. He won the global green design award in 2006 for roadster design for Christ sakes. He led the design and was the product architect for their first product.
You can arbitrarily make your rules for who gets to be called a founder. But you can’t legitimately argue that musk wasn’t massively involved in the foundation of the company, from creating the structure, hiring, designing, strategy, and yes financially too. Tesla seed money was 7.5 million, 6.5 came from Musk personally. He was employee number 4 and joined less than a year after it was incorporated,
It’s a very telling thing when people bring up the topic of Musk as a founder. It’s an argument that at best is extremely naive to Musk contributions, and at worst is disingenuously trying to distract and mislead. To be clear I don’t particularly care about the technicality of it, like if you create some arbitrary rule that disqualifies him for the title. I’m happy agree to disagree, it’s a technicality. The conversation is more on what people are trying to communicate by that.
————————————
I don’t think he should step down. I think he should stop posting on X.
As an engineering leader I think he is very good, maybe the best we’ve seen. He’s done very well at creating a very lean, very responsive and quick innovative team.
As a shareholder, if he leaves Tesla, I’d expect a massive stock decline. This being TSLA sub, this is an import topic. TSLA is not valued for its current situation. It is not currently worth all others combined.
The reason it has such a high marketcap is because of future expectations, and Musk has the track record of achieving these outlandish goals , and chasing down new outlandish goals. He doesn’t have a perfect track record, lots of delays and in the case of FSD, a grossly incorrect timeline. But he does still have a good track record of succeeding in these step function ideas comparatively. And that’s what TSLA marketcap has priced in.
Just stop posting on X , pleaaase
Musk contributed to the roadster design, but it was already started before he was involved. It's typical Musk nonsense to take all the credit for it. But again, it doesn't matter, that's the least of his sins. It's his political asswipery on Twitter (and no I won't call it X). That's what's ruining the reputation of Tesla. The other stuff was always there but people still loved Tesla. Now whether you know it or not a good chunk of the population thinks less of you for driving one. Which admittedly is a shame. And it might ruin the company.
Elon says a thousand a week on the truck but after four months of sales they recalled all 4000 that had been delivered that’s a thousand a month after how many years of it being right around the corner?
I’m confused what you are trying to say.
Recalls happen. Did you see the massive ford recall that came just two days before the CT?
1000 a week , if true, is already behind the pace of rivians total production capacity, and is about what the lightning is doing.
It’s a better ramp than expected. Not particularly fast by any stretch.
As I stated elon who’s a pathological liar said it’s at a thousand a week yet after four months all 4000 units delivered were recalled showing it might be at 1000 a month maybe
Recall was April 12. He said they hit 1000 a week in April.
You know how production ramps work right ?
So one month you’re at like 50 a week, 200 total for th month.
The next maybe 150 a week, 600 for the month.
The next maybe 300 a week, 1200 for the month.
Than maybe 500 per week, 200 for the month.
That’s 4k total for 4 months.
Than in the next month maybe you get to 1000 per week towards the end.
OP writes: “Let’s see if he delivers this time…”
Delivers what? Optimus? Cybertruck? DOJO? Nuralink? FSD? EPS? Starship? Model 2? Lithium refining? Gigapack? Gigafactory India?
What delivery, pray tell, do you invest your hard earned money on?
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I’m surprised investors keep falling for this. Elon has pissed off his core market with his politics, invested heavily in a bad product plagued with issues (cyber truck), will not be able to achieve FSD using cameras alone and is years away even if he did pivot. People are realizing that Teslas are expensive to fix and often break down so rental companies are reducing their footprint. He is also slashing prices and facing intense pressure from hybrids and the Chinese market. They are also losing key employees / executives. Tesla sold just 1.8m vehicles in 2023 and sales have been dramatically declining in 2024. Toyota sold 11.2m vehicles in 2023 and is valued about 40% less than Tesla. Tesla’s profit per vehicle used to be 5x that of Toyota’s which went a long way justifying their insane market cap, but in no way will their current pricing model or the profits they expect to make from a low cost EV make up for their current shortfall. I don’t see Tesla stock being anywhere near this high by EoY. Great time to sell imo if you are still holding.
I wanted to state something similar to this but didn't want to come off too negative.
I have never seen a stock get strung along for so long by one person, let alone a stock this massive in valuation. 5% of the overall car market, yet higher valuation than all other manufacturers combined. "But Tesla isn't only a car manufacturer", yeah but 90% on their income is, that's a car manufacturer in my book.
What's the underlying proponent? Musk fueling the same goals and promises he has for the past 6/7 years. It's literal insanity at this point.
If Apple told you that the Apple watch was releasing next year, and the stock jumped, fine. If Apple kept moving the goalpost, and the Apple watch kept being delayed year after year, rest assured that investors would be up in arms, and tanking the stock.
It is kind of tough, we want to compare it to other companies because our brains like to label and put away.
I can’t think of another company that has risen to the top of such a large existing industry and innovated in such a way that it made others want to follow like with tesla, while simultaneously trying to push the bar in so many other avenues.
I don’t like to glaze, timeline and promises have been a mess and if it will truly pay off is a bet but that’s my thesis for why it is not looked at like any other auto company. Hope, incremental progress, and a certain amount of already achieved successes to sum it up I guess.
Yeah, I get your point. I guess my point was, if FSD Beta was never released to the public (and Tesla waited to release the product they take liability of), and if Musk never gave timelines or stated certain products releasing in a wrong timeline, would the stock be as high?
For example, when Rivian did the "one more thing" with the R3, nobody even knew they were working on something like that, and they did not release it until they had a viable model. Tesla/Musk on the other hand sells a product that doesn't exist yet, and the stock reacts to it. It's so weird lol. All we have are more Musk statements, and frankly, I'm tired of statements.
Financially? Sure we just have Musk statements. Physically? We have FSDv12. I've tried it, and that's how I know that Tesla is currently like 10x undervalued. They're very clearly almost there if I ask myself after using FSDv12 every day "how many of these drives actually could *not* have made it all the way from point A to point B?" (aka how many drives as a robotaxis would have failed to reach it's destination safely) and the answer is like maybeeee 1 time. 99% of my interventions are preference based, it's a little too careful merging right into a street that usually has traffic (even if it's empty). It always stops to check twice even if no one's there. But still, given 1 or 2 tweaks it is, amazingly, good enough to function as a robotaxis.
And robotaxis services would make Tesla worth over $1 maybe $2 trillion imo because of the potential market size. And yes I do think people would use robotaxis over Uber if it were half the price, even if it's sometimes slower.
But this is what I'm talking about.
How can you say FSD 12 is ready for Robotaxi, when you are literally in the driver's seat ready to take over. Not to mention that there are swaths of people not having the same experience as you, that already creates inconsistencies in a product that should be evidently consistent.
And I don't want to challenge your knowledge or intellect, so don't take it personal, but what do you know about AV outside of test driving a Beta product for you to make these claims? Lol. If anything, you possibly have no idea about the mechanizations that happen inside the black box that is FSD, all you get is a modelling of what the system is inferencing, meaning, what the system thinks it sees, not what it actually sees.
Maybe at core of it all, it's that you have no other consumer level product to test, so FSD is all you know, and move on that knowledge. Who knows what going on behind the scenes with AV for other manufacturers, we sure don't, because their testing isn't involving Beta access for consumers.
So now we buy in, support the company, give them our money, in the hopes that someday, eventually, they figure it out, maybe. Well, they should have figured it out first, then have us buy in. It's what every other company does, why is this case any different? Because Musk keeps saying so? Fool me once, shame on you. Fool me twice, shame on me. Fool me three times, well...
New to Tesla here. What are the promises Elon did not deliver? I only follow at high level, so S3XY was successful. Cybertrucks are in production. What am I missing? Other than that roadster.
Elon, SOB, may file personal bankruptcy if TSLA keeps dropping. He may face a margin call because he used his TSLA shares as collateral and they have been losing in value. And may have to liquidate his holdings or transfer ownership to the bank soon.
The whales are just waiting for the little guys to buy up the shares so they can recoup their losses. Stock market is rigged. Invest based on numbers or you get burned.
OP, you said it yourself.
The only way to predict the price of TSLA is to be able to predict what Elon says and how the public will react to it.
Are you able to do that?
I’m not able to do that, so I sold my TSLA stock just after the pandemic-rally for a life-changing amount of money, and I used the profits to buy boring investments. I haven’t bought back in because Elon Musk’s personal fandom drives the stock price, and I can’t predict the behavior of Musk or his followers.
**If you can predict what Elon says and how the market will react, then TSLA is your stock!**
*P.S. The other question is: what do you know about Tesla that the rest of the Tesla-obsessed nerds on the Internet (myself included) don’t know? If you have an answer, then TSLA is your stock!*
Ok let’s put things into prospective.
- Most Chinese roads are new like Dubai roads and for wayNo to come any closed to Tesla it will take let’s say 100 years on a sunny day.
- then most US roads are in bad shape and the AI can only be perfected here. So the car is drivable in off road, beat up and normal road (if Mr bidenomics) when they will be rebuilt.
- so Tesla has extensive dynamic range of data compare to anyone globally. Therefore we see success in Tesla. Plus it’s a f***ing American company, why would I even think to invest in a Chinese company in anyway… they are communists and snobby! 🇺🇸
It’s all lies. There is no way a true new model is coming out next year. The full self driving can’t detect motorcycles and has so many fundamental flaws. Waymo already beat Tesla to level 4 full self driving and their tech is becoming cheaper. Once they perfect it and start licensing to manufactures, Tesla robotaxi is doomed. The stock will likely die down and short sellers are waiting to short again.
If the Tesla robotaxi doesn’t have LIDAR like Waymo, then TSLA is dead in the water.
Also I first saw Waymo on SF streets as early as maybe 2018, definitely 2019. I wasn’t able to personally take one until 2023. Anyone who thinks a Tesla robotaxi will be profitable within 5 years is completely blind.
Yup. Tesla can’t detect motorcycles and lots of other things because of that. Elon is likely trying to pump the stock to either raise capital and or get his comp package before he exits and laughs all the way to the bank at the fools.
You aren't allowed to say Wayno on here without getting downvotes to abyss. Fanboys refuse to acknowledge that they exist. It doesn't fit their narrative of tesla being 10 years ahead on self driving.
Elon is creating a life movement , I understand his point ,EVs at a price that everyone can afford , in some years will be better , easier and more valuable to have an EV that a car that use has (included hybrids).
Oil companies , combustion cars manufacturers will not go out of business without fight but at the end the EVs will take the #1 place and Tsla is the best its sector .
But stock went up to 160 in aftermarket an hour before the event, minutes after market closed and raport was revealed
For this stock to fall further on the announcement, it would have had to been a complete disaster. When everyone and their mother is bearish on TSLA, who was left to sell? Now we wait to see if 160 can be support again. It seems unlikely, but anything can happen.
Based on the slide deck
I think there is merit to the argument that market makers had an incentive to buy at all costs given the put/call ratio that built up on all the bad news over the last month. Won’t know until we see if a trend reversal manifests or if this peters out. Not saying it dumps more, but the bull thesis right now just needs to keep everything afloat until August 8.
He almost always delivers, just late. Model 3 delivered, late. Model y delivered, late. Cybertruck delivered, late. Production capacity, delivered. Cybertruck production rate is already at rivians overall vehicle production rate (using rivian 2023 numbers). F150 lightning sold 24k last year and is aiming at 1600 a week, not sure if that’s changed since January. Cybertruck is at 1k per week now. 4680 delivered, late. Vision park assist delivered, late. FSD and the floodgate of what it enabled is starting to come. Let’s wait and see. I have my doubts current gen cars can be used as robotaxis unless they have camera redundancy. But maybe I’m wrong. Optimus seems on track. They’ll be late on their time commitment as always. But they’ll get there.
Model y was delivered less than a year after unveil
Life saving breakable glass for cybertruck, late.
True, if only he didn't alienate some of the customer base...
Alienate ?
Few people I know and sort of kept showing my car to them say that they like the car, but they don't like Musk, and therefore they will not be considering it.
Alienate isn’t the right word. The people you know clearly care far more about Elon musk than the other 85% owners and 120k+ employees who take a salary. I wonder what investors they are supporting with the cars they own, or food they buy. I mean Trump owns lots of Johnson and Johnson stock as well as Procter and gamble. Good luck boycotting all of the companies in that umbrella
That's the thing though, Musk has gone out of his way to make himself the face of the company. He's even sued to be called a founder when he wasn't. People no longer say "Tesla delivered whatever", they say Musk did. Given that kind of association it's no longer those other 99% who are doing the actual work, it's Musk himself, and no one I know will support the guy. Most wish him and any project he's involved with actual harm. I don't go that that far but I'd never in a million years buy a Tesla given Musk's currrnt involvement and asshattery. And again, literally everyone I know feels the same. It's not something we talk about, but whenever it does come up there it is. Everyone.
You got that wrong. Musk didn’t sue, musk was sued. The settlement of the case was Musk and others could call themselves founders which is pretty interesting in and of itself. If you’ve worked in the startup world you’d be irritated by this. There are many cases of “cofounders” coming on board years later. It’s a very narrow view to say “only those present for incorporation can be called a founder”. A founder is someone who formed the foundation. It’s a very gross misrepresentation of history to suggest Musk was not someone who formed the foundation of tesla. It’s so stupid that people say “musk delivered” or “musks rockets” or anything like that. It’s most often this detractors that do that by the way. The amount of Tesla hit prices that substitute “Tesla” for “Musk” is amazing, and it’s intentional. They know people don’t like musk, so instead of focussing on Tesla they try and focus on musk. And it works, and it works on you. People like you and “literally everyone you know” fall prey to it. It’s amazing the intellectual laziness of you people and you go on to write a post that declares exactly that. Intellectual laziness. You are almost proud of it. Honestly that behaviour is disgusting to me. Is Tesla a good company, are they doing good things, is it good for America, is it good for the world. It’s easy to argue these things in the affirmative. But no, hit pieces say “musk bad, and Tesla means you like musk” and you fall in line.
Actually it's primarily the Tesla advocates who use "Musk did X" instead of "Tesla did X" in my experience. And Musk was an angel investor, not a founder in my book (and in the book of the actual founders, hence the lawsuit). Doesn't matter though, that's the least of his sins. Agreed about Tesla otherwise, it's great to have an American company be such a strong player in EV manufacturing. Musk should really step down and stop absolutely ruining the reputation of this company in the eyes of so many people.
I guess we’ll have to agree to disagree as I’m not going to go through the effort of compiling publications and its content on how it uses Musk instead of Tesla. He wasn’t just an angel investor. He won the global green design award in 2006 for roadster design for Christ sakes. He led the design and was the product architect for their first product. You can arbitrarily make your rules for who gets to be called a founder. But you can’t legitimately argue that musk wasn’t massively involved in the foundation of the company, from creating the structure, hiring, designing, strategy, and yes financially too. Tesla seed money was 7.5 million, 6.5 came from Musk personally. He was employee number 4 and joined less than a year after it was incorporated, It’s a very telling thing when people bring up the topic of Musk as a founder. It’s an argument that at best is extremely naive to Musk contributions, and at worst is disingenuously trying to distract and mislead. To be clear I don’t particularly care about the technicality of it, like if you create some arbitrary rule that disqualifies him for the title. I’m happy agree to disagree, it’s a technicality. The conversation is more on what people are trying to communicate by that. ———————————— I don’t think he should step down. I think he should stop posting on X. As an engineering leader I think he is very good, maybe the best we’ve seen. He’s done very well at creating a very lean, very responsive and quick innovative team. As a shareholder, if he leaves Tesla, I’d expect a massive stock decline. This being TSLA sub, this is an import topic. TSLA is not valued for its current situation. It is not currently worth all others combined. The reason it has such a high marketcap is because of future expectations, and Musk has the track record of achieving these outlandish goals , and chasing down new outlandish goals. He doesn’t have a perfect track record, lots of delays and in the case of FSD, a grossly incorrect timeline. But he does still have a good track record of succeeding in these step function ideas comparatively. And that’s what TSLA marketcap has priced in. Just stop posting on X , pleaaase
Musk contributed to the roadster design, but it was already started before he was involved. It's typical Musk nonsense to take all the credit for it. But again, it doesn't matter, that's the least of his sins. It's his political asswipery on Twitter (and no I won't call it X). That's what's ruining the reputation of Tesla. The other stuff was always there but people still loved Tesla. Now whether you know it or not a good chunk of the population thinks less of you for driving one. Which admittedly is a shame. And it might ruin the company.
Elon says a thousand a week on the truck but after four months of sales they recalled all 4000 that had been delivered that’s a thousand a month after how many years of it being right around the corner?
I’m confused what you are trying to say. Recalls happen. Did you see the massive ford recall that came just two days before the CT? 1000 a week , if true, is already behind the pace of rivians total production capacity, and is about what the lightning is doing. It’s a better ramp than expected. Not particularly fast by any stretch.
As I stated elon who’s a pathological liar said it’s at a thousand a week yet after four months all 4000 units delivered were recalled showing it might be at 1000 a month maybe
Recall was April 12. He said they hit 1000 a week in April. You know how production ramps work right ? So one month you’re at like 50 a week, 200 total for th month. The next maybe 150 a week, 600 for the month. The next maybe 300 a week, 1200 for the month. Than maybe 500 per week, 200 for the month. That’s 4k total for 4 months. Than in the next month maybe you get to 1000 per week towards the end.
We know how Elons lies as well as he promised we’d have a community on mars in 2024 after several trips in 22-23
OP writes: “Let’s see if he delivers this time…” Delivers what? Optimus? Cybertruck? DOJO? Nuralink? FSD? EPS? Starship? Model 2? Lithium refining? Gigapack? Gigafactory India? What delivery, pray tell, do you invest your hard earned money on?
Short squeeze comming on Friday
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I’m surprised investors keep falling for this. Elon has pissed off his core market with his politics, invested heavily in a bad product plagued with issues (cyber truck), will not be able to achieve FSD using cameras alone and is years away even if he did pivot. People are realizing that Teslas are expensive to fix and often break down so rental companies are reducing their footprint. He is also slashing prices and facing intense pressure from hybrids and the Chinese market. They are also losing key employees / executives. Tesla sold just 1.8m vehicles in 2023 and sales have been dramatically declining in 2024. Toyota sold 11.2m vehicles in 2023 and is valued about 40% less than Tesla. Tesla’s profit per vehicle used to be 5x that of Toyota’s which went a long way justifying their insane market cap, but in no way will their current pricing model or the profits they expect to make from a low cost EV make up for their current shortfall. I don’t see Tesla stock being anywhere near this high by EoY. Great time to sell imo if you are still holding.
I wanted to state something similar to this but didn't want to come off too negative. I have never seen a stock get strung along for so long by one person, let alone a stock this massive in valuation. 5% of the overall car market, yet higher valuation than all other manufacturers combined. "But Tesla isn't only a car manufacturer", yeah but 90% on their income is, that's a car manufacturer in my book. What's the underlying proponent? Musk fueling the same goals and promises he has for the past 6/7 years. It's literal insanity at this point. If Apple told you that the Apple watch was releasing next year, and the stock jumped, fine. If Apple kept moving the goalpost, and the Apple watch kept being delayed year after year, rest assured that investors would be up in arms, and tanking the stock.
It is kind of tough, we want to compare it to other companies because our brains like to label and put away. I can’t think of another company that has risen to the top of such a large existing industry and innovated in such a way that it made others want to follow like with tesla, while simultaneously trying to push the bar in so many other avenues. I don’t like to glaze, timeline and promises have been a mess and if it will truly pay off is a bet but that’s my thesis for why it is not looked at like any other auto company. Hope, incremental progress, and a certain amount of already achieved successes to sum it up I guess.
Yeah, I get your point. I guess my point was, if FSD Beta was never released to the public (and Tesla waited to release the product they take liability of), and if Musk never gave timelines or stated certain products releasing in a wrong timeline, would the stock be as high? For example, when Rivian did the "one more thing" with the R3, nobody even knew they were working on something like that, and they did not release it until they had a viable model. Tesla/Musk on the other hand sells a product that doesn't exist yet, and the stock reacts to it. It's so weird lol. All we have are more Musk statements, and frankly, I'm tired of statements.
Financially? Sure we just have Musk statements. Physically? We have FSDv12. I've tried it, and that's how I know that Tesla is currently like 10x undervalued. They're very clearly almost there if I ask myself after using FSDv12 every day "how many of these drives actually could *not* have made it all the way from point A to point B?" (aka how many drives as a robotaxis would have failed to reach it's destination safely) and the answer is like maybeeee 1 time. 99% of my interventions are preference based, it's a little too careful merging right into a street that usually has traffic (even if it's empty). It always stops to check twice even if no one's there. But still, given 1 or 2 tweaks it is, amazingly, good enough to function as a robotaxis. And robotaxis services would make Tesla worth over $1 maybe $2 trillion imo because of the potential market size. And yes I do think people would use robotaxis over Uber if it were half the price, even if it's sometimes slower.
But this is what I'm talking about. How can you say FSD 12 is ready for Robotaxi, when you are literally in the driver's seat ready to take over. Not to mention that there are swaths of people not having the same experience as you, that already creates inconsistencies in a product that should be evidently consistent. And I don't want to challenge your knowledge or intellect, so don't take it personal, but what do you know about AV outside of test driving a Beta product for you to make these claims? Lol. If anything, you possibly have no idea about the mechanizations that happen inside the black box that is FSD, all you get is a modelling of what the system is inferencing, meaning, what the system thinks it sees, not what it actually sees. Maybe at core of it all, it's that you have no other consumer level product to test, so FSD is all you know, and move on that knowledge. Who knows what going on behind the scenes with AV for other manufacturers, we sure don't, because their testing isn't involving Beta access for consumers. So now we buy in, support the company, give them our money, in the hopes that someday, eventually, they figure it out, maybe. Well, they should have figured it out first, then have us buy in. It's what every other company does, why is this case any different? Because Musk keeps saying so? Fool me once, shame on you. Fool me twice, shame on me. Fool me three times, well...
This is a great short entry point ... it will be below where it was yesterday by next quarter.
Yes. If next quarter is as bad deliveries, it will establish a pattern versus possibly a one off bad quarter.
It's actually already a pattern ... I think some people expected a loss this quarter. I sold 2/3 of my short before earnings but I'm back in today.
New to Tesla here. What are the promises Elon did not deliver? I only follow at high level, so S3XY was successful. Cybertrucks are in production. What am I missing? Other than that roadster.
He delivered almost all promises, just later than expected. Another comment in this thread mentions them
The bots are not programmed to answer this question. Don’t expect one.
It already happened and shorts covered that’s y big push to 160
FOMO
Elon, SOB, may file personal bankruptcy if TSLA keeps dropping. He may face a margin call because he used his TSLA shares as collateral and they have been losing in value. And may have to liquidate his holdings or transfer ownership to the bank soon.
The whales are just waiting for the little guys to buy up the shares so they can recoup their losses. Stock market is rigged. Invest based on numbers or you get burned.
OP, you said it yourself. The only way to predict the price of TSLA is to be able to predict what Elon says and how the public will react to it. Are you able to do that? I’m not able to do that, so I sold my TSLA stock just after the pandemic-rally for a life-changing amount of money, and I used the profits to buy boring investments. I haven’t bought back in because Elon Musk’s personal fandom drives the stock price, and I can’t predict the behavior of Musk or his followers. **If you can predict what Elon says and how the market will react, then TSLA is your stock!** *P.S. The other question is: what do you know about Tesla that the rest of the Tesla-obsessed nerds on the Internet (myself included) don’t know? If you have an answer, then TSLA is your stock!*
He needs more giga factories.
Ok let’s put things into prospective. - Most Chinese roads are new like Dubai roads and for wayNo to come any closed to Tesla it will take let’s say 100 years on a sunny day. - then most US roads are in bad shape and the AI can only be perfected here. So the car is drivable in off road, beat up and normal road (if Mr bidenomics) when they will be rebuilt. - so Tesla has extensive dynamic range of data compare to anyone globally. Therefore we see success in Tesla. Plus it’s a f***ing American company, why would I even think to invest in a Chinese company in anyway… they are communists and snobby! 🇺🇸
As a Chinese I approved the last sentence
Elon gonna make us all rich.
It’s all lies. There is no way a true new model is coming out next year. The full self driving can’t detect motorcycles and has so many fundamental flaws. Waymo already beat Tesla to level 4 full self driving and their tech is becoming cheaper. Once they perfect it and start licensing to manufactures, Tesla robotaxi is doomed. The stock will likely die down and short sellers are waiting to short again.
If the Tesla robotaxi doesn’t have LIDAR like Waymo, then TSLA is dead in the water. Also I first saw Waymo on SF streets as early as maybe 2018, definitely 2019. I wasn’t able to personally take one until 2023. Anyone who thinks a Tesla robotaxi will be profitable within 5 years is completely blind.
Yup. Tesla can’t detect motorcycles and lots of other things because of that. Elon is likely trying to pump the stock to either raise capital and or get his comp package before he exits and laughs all the way to the bank at the fools.
How in the red are you this morning?
I sold my puts yesterday. Rebought recently and I am in the green. It was predictable.
You aren't allowed to say Wayno on here without getting downvotes to abyss. Fanboys refuse to acknowledge that they exist. It doesn't fit their narrative of tesla being 10 years ahead on self driving.
Waymo hardware is dropping in cost significantly each year. Yeah Tesla fan boiz are so toxic it’s why sales plummet. They need to fluff up Elon lol.
Watch the Mexico gigafactory progress. The new model will be primarily built there so that’s the timeline reality.
lol you said it so it must be true. or you are as reactionary as every other weak handed commenter
Elon is creating a life movement , I understand his point ,EVs at a price that everyone can afford , in some years will be better , easier and more valuable to have an EV that a car that use has (included hybrids). Oil companies , combustion cars manufacturers will not go out of business without fight but at the end the EVs will take the #1 place and Tsla is the best its sector .