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Musk wanted shareholders to honour a deal agreed already. All car companies, including Toyota, are currently 'struggling'. If aliens landed today they would su

by dazc 2y ago

Musk wanted shareholders to honour a deal agreed already. All car companies, including Toyota, are currently 'struggling'. If aliens landed today they would surmise that cars were the dominant species, closely followed by dogs. As has been the case for 50 years or more. In other words, 'struggling' is a relative term.

constantcrying 2y ago
>All car companies, including Toyota, are currently 'struggling'. Tesla won't exist in a decade if they continue on current trajectories. Their situation is completely non-comparable to Toyota, VW, Hyundai or any of the other larger car makers. None of them have it easy, but none of them are in the situation Tesla is in, just look at their recent financials results.
- bryanlarsen 2y ago
  Tesla is profitable, lots of cash in the bank and little debt. Tesla will be fine. Tesla share price might not be, but the company itself is fine.
  - constantcrying 2y ago
    >Tesla is profitable, lots of cash in the bank and little debt. Tesla will be fine. If the trends of their last quarter continue they won't be fine, that much is painfully obvious.
    - bryanlarsen 2y ago
      If the trends continue for a decade, sure.
- rayiner 2y ago
  You mean this trajectory? https://stockanalysis.com/stocks/tsla/revenue/ https://stockanalysis.com/stocks/tsla/revenue/ They had 18% revenue growth last year, 50% the year before that, 70% the year before that, and 28% the year before that. By comparison Toyota’s revenue is barely growing: https://stockanalysis.com/stocks/tm/revenue/ https://stockanalysis.com/stocks/tm/revenue/
  - constantcrying 2y ago
    I mean these results: https://digitalassets.tesla.com/tesla-contents/image/upload/IR/TSLA-Q1-2024-Update.pdf https://digitalassets.tesla.com/tesla-contents/image/upload/... Disastrous.
    - rayiner 2y ago
      One down quarter doesn't constitute a "trajectory."
      - constantcrying 2y ago
        It literally does. A derivative is defined point wise.
        xyzzyz 2y ago
        On a smooth function, it is.
        constantcrying 2y ago
        What is your point? Over the last quarter Tesla's number looked extremely bad. That is obviously a trend. Not that the trend can't be reversed.
        rayiner 2y ago
        One quarter is noise, not a trend.
        xyzzyz 2y ago
        You can’t calculate derivative of a discrete function. That’s why we talk about trends. These tend to include more than last 2 data points, because of noise.
        2y ago
hindsightbias 2y ago
There was an 16mm film presented at my elementary school. It was a Martian documentary on their observation of Earth, circa late 60's probably. Never found it online. It marveled about the dominant lifeform there and all it created, consuming everything and expanding. It was highly diversified in size and color. It followed one lifeform to where it rested, and it disgorged "parasites", which from the fuzzy overhead view were humans and their dog staggering around in comparison to the elegant motion of the lifeform. It was pretty deep for a fourth grader.

by dazc 2y ago

constantcrying 2y ago

>All car companies, including Toyota, are currently 'struggling'. Tesla won't exist in a decade if they continue on current trajectories. Their situation is completely non-comparable to Toyota, VW, Hyundai or any of the other larger car makers. None of them have it easy, but none of them are in the situation Tesla is in, just look at their recent financials results.

bryanlarsen 2y ago
Tesla is profitable, lots of cash in the bank and little debt. Tesla will be fine. Tesla share price might not be, but the company itself is fine.
- constantcrying 2y ago
  >Tesla is profitable, lots of cash in the bank and little debt. Tesla will be fine. If the trends of their last quarter continue they won't be fine, that much is painfully obvious.
  - bryanlarsen 2y ago
    If the trends continue for a decade, sure.
rayiner 2y ago
You mean this trajectory? https://stockanalysis.com/stocks/tsla/revenue/ https://stockanalysis.com/stocks/tsla/revenue/ They had 18% revenue growth last year, 50% the year before that, 70% the year before that, and 28% the year before that. By comparison Toyota’s revenue is barely growing: https://stockanalysis.com/stocks/tm/revenue/ https://stockanalysis.com/stocks/tm/revenue/
- constantcrying 2y ago
  I mean these results: https://digitalassets.tesla.com/tesla-contents/image/upload/IR/TSLA-Q1-2024-Update.pdf https://digitalassets.tesla.com/tesla-contents/image/upload/... Disastrous.
  - rayiner 2y ago
    One down quarter doesn't constitute a "trajectory."
    - constantcrying 2y ago
      It literally does. A derivative is defined point wise.
      - xyzzyz 2y ago
        On a smooth function, it is.
        constantcrying 2y ago
        What is your point? Over the last quarter Tesla's number looked extremely bad. That is obviously a trend. Not that the trend can't be reversed.
        rayiner 2y ago
        One quarter is noise, not a trend.
        xyzzyz 2y ago
        You can’t calculate derivative of a discrete function. That’s why we talk about trends. These tend to include more than last 2 data points, because of noise.
        2y ago

hindsightbias 2y ago

There was an 16mm film presented at my elementary school. It was a Martian documentary on their observation of Earth, circa late 60's probably. Never found it online. It marveled about the dominant lifeform there and all it created, consuming everything and expanding. It was highly diversified in size and color. It followed one lifeform to where it rested, and it disgorged "parasites", which from the fuzzy overhead view were humans and their dog staggering around in comparison to the elegant motion of the lifeform. It was pretty deep for a fourth grader.