Tesla Roadster
-
@dogmeat said in Tesla Roadster:
@Kirwan Heavily discounted in a failed attempt to shore up a (still) plummeting share price.
The market cap had already fallen by over 70% by Jan 2023 and has further declined steadily in the last 13 months.
It might have sold more cars but they realised less revenue illustrating that they were practically giving them away. Add production issues, regulatory investigations and increased competition, she's a pretty sick puppy.
I’ve been reading stories like that (usually planted by short sellers) since 2018.
Since then Tesla has grown 10x, worth $640 billion (11th largest company in the world by market cap) and now has 29 billion cash on hand. The mass market vehicle is around the corner, and their battery and power pack tech is giving them more markets, and they are leaders in real world AI.
Wish I was that sick.
-
Not worth it’s own thread
Ground breaking technology?….not so much….impressive marketing?…yeah
-
This was cooler;
-
@Kirwan
Chinese EVs have 25% tariffs here in the US, so Tesla is protected. BYD is the top EV seller in the world.
I own Tesla stock and think its undervalued, but Elon seems to be more interested in getting high with Joe Rogan, and saving the world through X than focusing on what made Tesla great.
Its worrying -
MSM has been running a pretty effective smear campaign on him.
Look up his SpaceX all hands meeting from the weekend if you want to see what he’s actually been doing.
And remember that since he bought X he’s now the media’s main competitor. His traffic is up, theirs is down so they are getting desperate in their failing business model.
He also announced the RoboTaxi unveil for August. Doesn’t sound checked out to me.
-
The twitter conversation continues here:
https://www.forum.thesilverfern.com/topic/5625/musk-twitter/345 -
interesting (and i found fun) video reviewing the US$3k cybertruck tent attachment
they reevaluate slightly negative opinions as user error....but having a hand pump to inflate the tent when the values is so close too a power outlet does seem like a real miss and surprisingly analog
im kind of coming around....if they ever do a 2nd Gen im sure it will be sick
Flamethrower — The Boring Company
