It's fecking sad though. This guy genuinely pushed humanity forward in incredible ways and to see him basically pulling a Kanye is just...
Musk | At war with Trump
- Thread starter Pogue Mahone
- Start date
He’s Kanye’s cousin?
Listening to the earnings call now - he starts by saying that the protests are "organised and paid for"
Where's the gowl that said it was doing well
Always accuse your opponents of what you are doing yourself.
Automotive revenue for Q1 down 20% YoY. Net income down 71% YoY.
It's delicious and it probably could get worse for the coming quarters, if you consider that the true backlash didn't start until well into January and that there is probably also a delayed effect given sales cycle for vehicles. Obviously the stock is not tied to reality in any way, but that's not suprising.
It's delicious and it probably could get worse for the coming quarters, if you consider that the true backlash didn't start until well into January and that there is probably also a delayed effect given sales cycle for vehicles. Obviously the stock is not tied to reality in any way, but that's not suprising.
The problem for him is that besides the damage done to the brand by his political shenanigans, that Tesla is no longer seen as the apex in EV design and manufacturing. The Chinese makers are leaping ahead and the Koreans and some Europeans are not far behind. If the upcoming 'cheap' Tesla is just as big of a failure as the Cybertruck, the company might have a hard time recovering.
Read somewhere that the cheap Tesla is likely to just a stripped down Model Y, considering they haven't shown any prototypes of it yet. Also, so many of their development resources have gone towards the Cybetruck.
If you read comments from pro-Elon people, it's all about the potential from solving FSD and the "Cybercab". If it becomes clear that it's just smoke and mirrors, they truly have nothing to stand on.
Isn’t the elephant in the room here not the quality of any of their product, but the fact that his public profile has alienated Tesla base of customers, the bleeding heart liberals?
It can be both right?
Its tainted as long as Elon is affiliated with it.
Thats some of it, the immediate fall in sales after his nazi salute is clear right across europe.
But his vehicles are no longer way ahead. As range grows with even smaller cars hitting 300 miles, even the supercharger network becomes less relevant as an advantage.
Tesla has never made good cars, but they had the best tech. Now, companies like Kia can beat them in making cars that work for people's lives, and they are on par with the tech most people need too. The no button thing is increasingly looking like a bad design choice, for instance.
Tesla’s stock up 7% pre-market after these sales results, all because Musk said he’ll spend less time on DOGE…the cult of Musk is truly absurd.
I was about to write about this, how does that make sense? They miss the targets big time, the fundamentals are not there and there's nothing to suggest Musk more focused on Tesla would mean more success for the company. Who the feck is buying their overpriced stock with such a terrible fundamental value
That’s crazy in a sane world it would pump if he fecked off
Possibly the stock price increased, because the market expected worse automotive performance or because the other business areas performed better than expected. But it's all a bit moot. There is nothing linking the fundamental value of the company to actual market capitalization. What I find most interesting is that there are several huge investment funds (Blackrock, Vanguard, etc.) that have many billions worth of Tesla stock. These are professional investors, who are surely aware of this discrepancy. I wonder why they don't unwind their positions.I was about to write about this, how does that make sense? They miss the targets big time, the fundamentals are not there and there's nothing to suggest Musk more focused on Tesla would mean more success for the company. Who the feck is buying their overpriced stock with such a terrible fundamental value
Yeah, that's what I wonder, too.
I very much doubt that’s why.
Buy the hype, sell the news is the expression and it can work in reverse. Bad news was expected, everyone knew that so it was priced in. Now the news is out and the extent is known, people (or bots reacting to frequency of “TSLA” in news articles) are apparently happy to start buying again
They dont unwind because they are passive funds. This is the beauty of passive investment, when a company become huge the passive funds will have to invest a huge part of their AUM into this company no matter the fundamentals
Even with the general madness around Trump and Musk, it was just jarring to hear him open an earnings call with banks and financial institutions with conspiracy bullshit like that without any evidence; just adds another level of crazy to this ridiculous timeline we're in.
But still, the shares are up so the man's obviously a genius...
Tesla shareholders are honestly the weirdest bunch. Their earnings per share is $0.29. A massive outlier compared to just about anyone.
It's already massively overpriced and yet they are content to pay their CEO orders of magnitude more than any other CEO anywhere.
The news was worse than expected though. There is no other share with this kind of effect.
I think part of the reason why the price hasn't tanked further is Musk being in Trump's good graces; as in, Trump could use his power to help Musk (Tesla) in someway, but for example exempting him from tariffs or some other way. That's one way market makers may be looking at whether or buy, hold, or sell.
It's both. He sided with the people who, other than the few who drive the Cyberdouche, would never stray from their jacked up F-250s getting a whopping 9 miles per gallon...or diesels so they can roll coal at children. And the quality is proving to be crap while competitors are passing them by.
I was reading an article about the way Wall Street responded to Trumps tariffs and listening to all these supposedly genius traders talk about how they supported Trump and were shocked to find out that he was serious about tariffs did strengthen my belief that these people have no idea what they're doing.I was about to write about this, how does that make sense? They miss the targets big time, the fundamentals are not there and there's nothing to suggest Musk more focused on Tesla would mean more success for the company. Who the feck is buying their overpriced stock with such a terrible fundamental value
Trump has spent 40 years talking up tariffs and being a clown and these idiots are surprised that he brought in tariffs in a clownish way.
That said, if they're stupid enough to do that, then Tesla could lose 100 billion next quarter and the stock could soar.
Sales and income still have room to drop by a lot more. This boycott of his products is not over by a long way.
I noticed a couple of months back there was loads of content on my feed shilling tesla, which has all stopped now
I don't have any opinion of why or what that was about (I mean, other than rich wankers shilling there bags probably) but thought it was interesting
I would guess if the shilling has stopped it would mean they've stopped selling, either because they are out, or have reason to believe the short term price action will be better.. but this is just my limited feed and view on things, and probably nothing
I don't have any opinion of why or what that was about (I mean, other than rich wankers shilling there bags probably) but thought it was interesting
I would guess if the shilling has stopped it would mean they've stopped selling, either because they are out, or have reason to believe the short term price action will be better.. but this is just my limited feed and view on things, and probably nothing
I could do with the clean minimalist design on most of the dashboard, but when they removed the stalks it went too far. Californian's cannot conceive a world filled with roundabouts where you are required to exit that you're going to exit one. Buttons on the steering wheel are hard to work with in that regards.
I charged my iD3 at a Tesla supercharger hub over the weekend. Felt very satisfying to be eroding Tesla’s USP. Feck you, Musk.
Just to play devil's advocate, aren't you funneling your money directly into Elon's pockets by paying for his charging facilities?
Yeah that did occur to me. But I figured the few quid would be outweighed by potential Tesla owners seeing a non-Tesla using the supercharger. Not many people seem to be aware that’s possible. Swings and roundabouts.
Tesla’s charging network is literally their USP, not the fact only Tesla could use it. The more non-Tesla’s using it the more money they make.
It’s not a USP if anyone can use it. The first letter in that acronym is important.
It is a USP if only they offer it for payment
"Services and other revenue", which is primarily charging, was still only 14% of the revenue in Q1 even after automotive fell by 20%. Tesla is still a company that primarily lives on its ability to sell cars.
The “U” in USP doesn’t require exclusivity—it requires differentiation. Tesla’s Supercharger network is still a USP because no other EV manufacturer has a charging network that’s as fast, reliable, and seamlessly integrated into the vehicle ecosystem. The fact that others are now allowed to use it unfortunately only makes it even more valuable to the company.
I’m talking about Tesla cars. The network was a USP for their cars, so long as it was for their exclusive use. Once that stops, it’s no longer a USP for them. By definition.
Fair, I’m talking about Tesla as a company and if you’re looking at TSLA stock. Opening up the network beyond their own cars is a revenue stream.