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> So if you buy into this then the stock is justified. Tesla was not incorporated yesterday, they are a 20 years old company, still they are in the making prom

> So if you buy into this then the stock is justified. Tesla was not incorporated yesterday, they are a 20 years old company, still they are in the making promises phase. In the same timeframe Amazon completely disrupted the way we buy things, Microsoft put a PC on every desk, Google became the way the world searches for information and Facebook revolutionized the way we communicate. I think it's time to admit to ourselves that this guy is just a wannabe influencer/politician. Among the 500 companies in the S&P500 if Tesla disappeared tomorrow it would be the one whose demise would be felt the least by the American consumer, that shouldn't come as a surprise because frankly speaking the target demographic of Tesla and its CEO aren't consumers who buy products to improve the quality of their own lives. It's a weird mix of financial speculators, cryptobros, people who feel the need to be part of something bigger than themselves, and virtue signalers. It's a pity that such experiment cannot be performed, Walmart sold 600B worth of products last year, Amazon 400B, Berkshire has 800B worth of insurance premiums AUM. Diappear those companies and then let's see if people are still so eager to pay attention to mr. Musk and his absurd claims and social media trolling/bullying.

klelatti 4y ago
You may not like it but Tesla is a real company making an important product with substantial real revenues and growing at a remarkable rate. The valuation is questionable but saying he is just a wannabe politician / influencer is factually incorrect.
- McLaren_Ferrari 4y ago
  > important product Sure in Bel Air is really important to own a Tesla, just like (if not more) than the car brands mentioned in my handle... > substantial real revenues How much of that is credits? > growing at a remarkable rate A company incorporated 20 years ago growing at a remarkable rate either implies incompetence in its administration up to now, or a dishonest scheme put in place to artificially simulate "a remarkable rate of growth" right now. Companies with similar access to talent and capital simply came to dominate their industry in the same timeframe (Amazon, Google, Microsoft, Apple, Salesforce, Intel, HP...) Globally speaking what % of cars sold are Teslas? 1 or 2 % ? Tesla and Musk dominate the newscycle of the financial press, the tabloids and the blogsphere but out there, in the real world they are essentially nonexistent. It seems like the dictionary definition of an influencer to me.
  - reducesuffering 4y ago
    Tesla is shipping 1.2m cars / year and just finished two ginormous state of the art factories in Giga Berlin and Austin, that will end up doubling that. There is so much demand for these autos, outside of Bel Air, that it currently takes 8 months for a Model Y order today to arrive, even though the current factories are producing full capacity. Why are you so hung up about credits from last year?
    - McLaren_Ferrari 4y ago
      [dead]
      - reducesuffering 4y ago
        You are confusing the past for what the future is going to be. We are heading into an EV sales only future in most developed economies by 2040. Already, Tesla Model 3 is the best selling luxury car in the US, Model Y production has just been ramping up to soon overtake crossover/SUV, and these are making money hand over fist so they are only focusing on this upper market while they’re production constrained. As soon as production ramps up they’ll start cutting into economy car markets just like they did luxury, and you’ll see 10m out of those 78m TAM. Meanwhile, they no longer have any debt while most other car mfgs are servicing massive 10-100b ish debt piles.
        McLaren_Ferrari 4y ago
        > You are confusing the past for what the future is going to be Musk sued to gain control of Tesla in 2002. He's been talking and rambling about the future™ for 20 years now. 20 years, all while pocketing billions of government money. Now you are saying 2040, next year you'll say 2050, the year after that 2060. In the meantime he's getting paid hundreds of billions of dollars right now, not in the future™. It's typical of cults to extract money from believers right now in order to compensate the cult leader for work that he will complete 30 or 40 years into the future™. It's a scam. Amazon was built in 20 years and it also needed to deal with building factories in the real world, unions, logistics etc. Did so without govt. money and without constant pumps and equity raises. It's there selling 400B dollars worth of products every year. The guy who built it stepped down and the company is still there because its so solid that it can stand alone now. You know as well as I that if Musk OD's on one of his drugs of choice the whole scheme would collapse because the cult only has a reason to exist as long as the cult leader is there to show the way forward ....into the future™

klelatti 4y ago

You may not like it but Tesla is a real company making an important product with substantial real revenues and growing at a remarkable rate. The valuation is questionable but saying he is just a wannabe politician / influencer is factually incorrect.

McLaren_Ferrari 4y ago
> important product Sure in Bel Air is really important to own a Tesla, just like (if not more) than the car brands mentioned in my handle... > substantial real revenues How much of that is credits? > growing at a remarkable rate A company incorporated 20 years ago growing at a remarkable rate either implies incompetence in its administration up to now, or a dishonest scheme put in place to artificially simulate "a remarkable rate of growth" right now. Companies with similar access to talent and capital simply came to dominate their industry in the same timeframe (Amazon, Google, Microsoft, Apple, Salesforce, Intel, HP...) Globally speaking what % of cars sold are Teslas? 1 or 2 % ? Tesla and Musk dominate the newscycle of the financial press, the tabloids and the blogsphere but out there, in the real world they are essentially nonexistent. It seems like the dictionary definition of an influencer to me.
- reducesuffering 4y ago
  Tesla is shipping 1.2m cars / year and just finished two ginormous state of the art factories in Giga Berlin and Austin, that will end up doubling that. There is so much demand for these autos, outside of Bel Air, that it currently takes 8 months for a Model Y order today to arrive, even though the current factories are producing full capacity. Why are you so hung up about credits from last year?
  - McLaren_Ferrari 4y ago
    [dead]
    - reducesuffering 4y ago
      You are confusing the past for what the future is going to be. We are heading into an EV sales only future in most developed economies by 2040. Already, Tesla Model 3 is the best selling luxury car in the US, Model Y production has just been ramping up to soon overtake crossover/SUV, and these are making money hand over fist so they are only focusing on this upper market while they’re production constrained. As soon as production ramps up they’ll start cutting into economy car markets just like they did luxury, and you’ll see 10m out of those 78m TAM. Meanwhile, they no longer have any debt while most other car mfgs are servicing massive 10-100b ish debt piles.
      - McLaren_Ferrari 4y ago
        > You are confusing the past for what the future is going to be Musk sued to gain control of Tesla in 2002. He's been talking and rambling about the future™ for 20 years now. 20 years, all while pocketing billions of government money. Now you are saying 2040, next year you'll say 2050, the year after that 2060. In the meantime he's getting paid hundreds of billions of dollars right now, not in the future™. It's typical of cults to extract money from believers right now in order to compensate the cult leader for work that he will complete 30 or 40 years into the future™. It's a scam. Amazon was built in 20 years and it also needed to deal with building factories in the real world, unions, logistics etc. Did so without govt. money and without constant pumps and equity raises. It's there selling 400B dollars worth of products every year. The guy who built it stepped down and the company is still there because its so solid that it can stand alone now. You know as well as I that if Musk OD's on one of his drugs of choice the whole scheme would collapse because the cult only has a reason to exist as long as the cult leader is there to show the way forward ....into the future™