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You could start by looking at stock price. TSLA is flat since 2020, and their only release in a long time is the Cybertruck which is frankly terrible. They've
by CydeWeys 2y ago
You could start by looking at stock price. TSLA is flat since 2020, and their only release in a long time is the Cybertruck which is frankly terrible. They've also lost a huge amount of marketshare. Oh, and Musk's outspoken political opinions are toxic to most EV buyers and have massively turned off a large part of the fanbase that originally propelled him to success.
Twitter is a complete dumpster fire (revenue down 80% since he acquired it, and is now making only around 10% of the money required to even service the debt from acquisition). Basically every company he's involved with is doing terribly, except for SpaceX, which fortunately has Gwynne Shotwell at the helm. But even SpaceX isn't doing so well with their latest rocket, Starship; the upper stage is simply way too big and heavy for most uses, and will require up to 15 (!!) additional refueling in-orbit refueling launches to fully refuel a single Starship for missions beyond LEO, like the upcoming lunar missions. This is a huge liability that casts doubt on the overall architecture. Contrast with the Saturn V, a smaller rocket that could nevertheless do an entire self-contained lunar mission with a single launch.
I was a huge Elon fan for many years, but everything he's been doing recently has been a swing and a miss.
- misiti3780 2y agoThis take is so uninformed it's ridiculous: They released a refreshed Model X and Model S in 2021, a refreshed Model 3 in 2023, and the Cybertruck in 2023/2024. FSD 12 was also released in 2024. Most of the world does not care about Elon Musk's political opinions, and the fact that some people do is a testament to how unhinged everyone is in 2024. The Cybertruck is terrible based on what? It's an incredible piece of technology, and everyone who owns one loves it. Twitter is a dumpster fire—fine. I couldn't care less about Twitter, but at least it's not heavily moderated like its competitors. If you don't like Twitter, don't use it. SpaceX is very successful by every metric, even without Starship.
- CydeWeys 2y agoNobody cares about minor model refreshes or yet another iteration of a driver assist technology. Tesla's only real release in many years is Cybertruck. They were supposed to have the Roadster out by now too, but that's years late. But if Tesla is really doing so well as you claim, why has their net profit significantly decreased two quarters in a row now? Why is their stock back at levels from 4 years ago? Why has it underperformed the S&P by 17 percentage points sinc ethen? https://apnews.com/article/tesla-earnings-second-quarter-sales-decline-8bdd0d655cddde90f534b41fd87edc4a https://apnews.com/article/tesla-earnings-second-quarter-sal...