TSLA showing cracks?
With TSLA going in the past few days from 130 to 110 and now back up to 120, it seems the market is a bit on edge about this stock. They report earnings on the 23rd, and with the incredible run up it's had in the past 3 months (40-->120) I get the feeling that if they don't blow people away this stock has the potential to crack pretty violently.
With articles coming every day for and against TSLA, I generally believe it to be vastly overblown stock. They are never going to be able to sell enough cars at $80k to be extremely profitable, and 5 years is a long time to wait with no profits for the time they supposedly have a $40k model that will ready for mainstream.
Thoughts?
I hate to sound like a normie bum but people ****ing hate this guy now and it doesn't seem like it is going to abate anytime soon
no one thought BYD could school TSLA so fast, is it possible US automakers (or companies atleast allowed to sell products in US) can do the same?
Certainly seems possible. I don't have a great sense of how many people hate him to the point they would no longer buy a Tesla. It's easy to get fooled into thinking that a tiny minority of vocal internet and TV news people are representative of the general populace. Tesla sales ex-China are down since last year, but who knows if that's because people hate Elon or because of competition from other automakers. There are dozens of EV models available in the US now, from cheap Leafs to luxury Taycans, so I think Tesla will continue bleeding share. The fans Elon has gained are people who seem less inclined to get an EV than those whom he lost.
I don't follow the stock much anymore, but my sense is that the TSLA bulls are much more focused on the robotaxi angle. I'm skeptical, since they've been saying full autonomy is a few months away for like five years now, but they'll tell you this FSD 13.2 is really amazing and it's really happening this time. Good luck shorting it though.
How can you bet against the guy standing next to the president pontificating about creating a monarchy?
We are closer to 7 years of robo taxis than 5 but whos counting
FSD works pretty good. Still wants to occasionally slam you head on into oncoming traffic on an otherwise clear road, but pretty good none the less. They will never reach robotaxi level though
How can you bet against the guy standing next to the president pontificating about creating a monarchy?
We are closer to 7 years of robo taxis than 5 but whos counting
FSD works pretty good. Still wants to occasionally slam you head on into oncoming traffic on an otherwise clear road, but pretty good none the less. They will never reach robotaxi level though
why don't you think they will ever reach robotaxi level?
are robotaxi EVs in major cities a pipedream?
that always seemed to me like the next leg of American productivity gains if it could be pulled off
why don't you think they will ever reach robotaxi level?
are robotaxi EVs in major cities a pipedream?
that always seemed to me like the next leg of American productivity gains if it could be pulled off
I guess it comes down to what is allowable under regulation. A 97% solution might be enough. Maybe a blackmarket app comes out and they technically reach robotaxi status.
I think ultimately for robo taxis to run free in the wild they would have to be on some sort of central grid
maybe cause he has been saying it would be a thing since 2016
