3 ms·

TSLA is up 60% from a year ago and 700% from 5 years ago. He's not in any way hurting.

by treis 2y ago

tapoxi 2y ago
It's down 26% since he took an active role in government, and we haven't seen quarterly results showing the sales dip since.
- rcMgD2BwE72F 2y ago
  >we haven't seen quarterly results showing the sales dip since. Which are caused by the retooling of the Model Y production lines which took 3-5 weeks. Y represents 2/3 of the sales globally and all factories where down simultaneously. Deliveries are back up in China and at current trends, they might achieve ~130,000 sales - just like Q1 2024, even though they had to close down their most production factory lines. China is the first to get back to speed but it says a lot about the "sales dip" which is actually a planned production dip.
- rcMgD2BwE72F 2y ago
  >we haven't seen quarterly results showing the sales dip since. Which are caused by the retooling of the Model Y production lines which took 3-5 weeks. Y represents 2/3 of the sales globally and all factories where down simultaneously. They started 2025 with only 12 days of inventory worldwide. Deliveries are back up in China and at current trends, they might achieve ~130,000 sales - just like Q1 2024, even though they had to close down their most production factory lines. China is the first to get back to speed but it says a lot about the "sales dip" which is actually a planned production dip.
  - deleted 2y ago
    [deleted]
- JeremyNT 2y ago
  Tesla a meme stock though, it's more about the Elon cult of personality than any real market fundamentals. Its performance is only loosely coupled with the actual car business. Honestly it's surprising that it's still so high. Compare it to any other car manufacturer and its valuation seems ludicrous. A lot of people are somehow still persuaded that the company is going to have some kind of amazing breakthrough Any Day Now.
bambax 2y ago
Yes, but that's insane, isn't it? Whi's going to buy a Tesla now? Eco conscious left wingers hate Musk with all their heart, and right wingers hate electric cars or any mention of climate change. Who's left?
- deleted 2y ago
  [deleted]
- zzzeek 2y ago
  the solution is obvious that Musk will introduce a gas powered Tesla this year
  - RandomBacon 2y ago
    It would be funny, but a vehicle with an extended range generator would solve a lot of people's complaints about electric vehicles, so I wouldn't be surprised as I laugh at such an announcement. There are still other issues that I have with Tesla vehicles, but I am looking forward to see how RAM's upcoming Ramcharger will do (all electric drivetrain with built-in generator for extended range).
    - rsynnott 2y ago
      The BMW i3 had one as an option. Virtually no-one bought that version.
      - ZeroGravitas 2y ago
        I think it was a roughly 50/50 sales mix with a slight win for the range extender up until the point they discontinued it as an option in later revisions (with larger batteries). They had some mechanical issues with the fuel line that was a fire risk and they software locked it to reduce the tank capacity by 20% in the US so it wouldn't be classed as a plug in hybrid, but even with those problems I've generally heard positive things about it. Basically acting as reserve to avoid range anxiety on early small battery EVs when it was all quite new.

TSLA is up 60% from a year ago and 700% from 5 years ago. He's not in any way hurting.

by treis 2y ago

TSLA is up 60% from a year ago and 700% from 5 years ago. He's not in any way hurting.

It's down 26% since he took an active role in government, and we haven't seen quarterly results showing the sales dip since.

rcMgD2BwE72F 2y ago
>we haven't seen quarterly results showing the sales dip since. Which are caused by the retooling of the Model Y production lines which took 3-5 weeks. Y represents 2/3 of the sales globally and all factories where down simultaneously. Deliveries are back up in China and at current trends, they might achieve ~130,000 sales - just like Q1 2024, even though they had to close down their most production factory lines. China is the first to get back to speed but it says a lot about the "sales dip" which is actually a planned production dip.
rcMgD2BwE72F 2y ago
>we haven't seen quarterly results showing the sales dip since. Which are caused by the retooling of the Model Y production lines which took 3-5 weeks. Y represents 2/3 of the sales globally and all factories where down simultaneously. They started 2025 with only 12 days of inventory worldwide. Deliveries are back up in China and at current trends, they might achieve ~130,000 sales - just like Q1 2024, even though they had to close down their most production factory lines. China is the first to get back to speed but it says a lot about the "sales dip" which is actually a planned production dip.
- deleted 2y ago
  [deleted]
JeremyNT 2y ago
Tesla a meme stock though, it's more about the Elon cult of personality than any real market fundamentals. Its performance is only loosely coupled with the actual car business. Honestly it's surprising that it's still so high. Compare it to any other car manufacturer and its valuation seems ludicrous. A lot of people are somehow still persuaded that the company is going to have some kind of amazing breakthrough Any Day Now.

bambax 2y ago

Yes, but that's insane, isn't it? Whi's going to buy a Tesla now? Eco conscious left wingers hate Musk with all their heart, and right wingers hate electric cars or any mention of climate change. Who's left?

deleted 2y ago
[deleted]
zzzeek 2y ago
the solution is obvious that Musk will introduce a gas powered Tesla this year
- RandomBacon 2y ago
  It would be funny, but a vehicle with an extended range generator would solve a lot of people's complaints about electric vehicles, so I wouldn't be surprised as I laugh at such an announcement. There are still other issues that I have with Tesla vehicles, but I am looking forward to see how RAM's upcoming Ramcharger will do (all electric drivetrain with built-in generator for extended range).
  - rsynnott 2y ago
    The BMW i3 had one as an option. Virtually no-one bought that version.
    - ZeroGravitas 2y ago
      I think it was a roughly 50/50 sales mix with a slight win for the range extender up until the point they discontinued it as an option in later revisions (with larger batteries). They had some mechanical issues with the fuel line that was a fire risk and they software locked it to reduce the tank capacity by 20% in the US so it wouldn't be classed as a plug in hybrid, but even with those problems I've generally heard positive things about it. Basically acting as reserve to avoid range anxiety on early small battery EVs when it was all quite new.