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Tesla has to create new revenue sources. The Supercharger moat is evaporating. Elon is otherwise pretty successful in torching the brand loyalty. Regardless of

by jmyeet 1y ago

Tesla has to create new revenue sources. The Supercharger moat is evaporating. Elon is otherwise pretty successful in torching the brand loyalty. Regardless of one's personal opinion, Tesla owners as a whole are at odds with Elon politically. Tesla owners skewed educated, living in blue states and are environmentally conscious. I think this will go down as one of the biggest self-owns in history. The only thing preventing Tesla from going bankrupt is trade barriers on Chinese EVs. Elon has always been a snake oil salesman and I suspect this robotaxi venture will blow up in his face in a way that's potentially fatal for Tesla. All it will take is someone to be killed in or by a robotaxi. That'll bring in the authorities and likely reveal what a shitshow it is behind the scenes.

fullshark 1y ago
It won't be fatal for Tesla, I'm not sure it will even be fatal for Musk as CEO. As long as the stock price goes up or even sideways Musk will be CEO of Tesla and they will sell cars and Musk will play whatever financial games / hype to keep the party going.
- jmyeet 1y ago
  TSLA has defied gravity for years. Fundamentally, it makes no sense. It's been valued at between $500,000 and $1 million per car sold in a year. That's utterly insane. But we know that stock prices are based on expectations for the future not fundamentals. So massive growth is built into the stock price but we have to start asking where this growth is coming from. That's why there's a robotaxi effort. EVs are becoming a commodity. So over time Tesla's price direction is towards the Big Three. But with more risks, namely the Chinese supply chain for batteries. You can view Tesla as an investment in Elon, which I think the market has. But that's on incredibly shaky ground. He's torched his relationship to the current administration going so far as to call the sitting president of the United States a pedophile [1]. Elon doesn't seem to appreciate that Trump could end Tesla with an executive order. My point is that Elon is volatile and can so easily become a liability to Tesla. They're paying him billions so firing him can immediately and massively improve the bottom line. As they say, the market can remain irrational longer than you can remain solvent. So I'm not predicting the imminent collapse of Tesla but I think it will come and it'll be sudden and dire. [1]: https://www.ndtv.com/world-news/elon-musks-pedophile-dig-after-team-trumps-new-report-in-jeffrey-epstein-case-8836978 https://www.ndtv.com/world-news/elon-musks-pedophile-dig-aft...
  - itsoktocry 1y ago
    Because there's always some new thing that will bring infinite wealth, and shareholders believe Tesla will be the leader in it. Now it's robots, $10 trillion market.

by jmyeet 1y ago

fullshark 1y ago

It won't be fatal for Tesla, I'm not sure it will even be fatal for Musk as CEO. As long as the stock price goes up or even sideways Musk will be CEO of Tesla and they will sell cars and Musk will play whatever financial games / hype to keep the party going.

jmyeet 1y ago
TSLA has defied gravity for years. Fundamentally, it makes no sense. It's been valued at between $500,000 and $1 million per car sold in a year. That's utterly insane. But we know that stock prices are based on expectations for the future not fundamentals. So massive growth is built into the stock price but we have to start asking where this growth is coming from. That's why there's a robotaxi effort. EVs are becoming a commodity. So over time Tesla's price direction is towards the Big Three. But with more risks, namely the Chinese supply chain for batteries. You can view Tesla as an investment in Elon, which I think the market has. But that's on incredibly shaky ground. He's torched his relationship to the current administration going so far as to call the sitting president of the United States a pedophile [1]. Elon doesn't seem to appreciate that Trump could end Tesla with an executive order. My point is that Elon is volatile and can so easily become a liability to Tesla. They're paying him billions so firing him can immediately and massively improve the bottom line. As they say, the market can remain irrational longer than you can remain solvent. So I'm not predicting the imminent collapse of Tesla but I think it will come and it'll be sudden and dire. [1]: https://www.ndtv.com/world-news/elon-musks-pedophile-dig-after-team-trumps-new-report-in-jeffrey-epstein-case-8836978 https://www.ndtv.com/world-news/elon-musks-pedophile-dig-aft...
- itsoktocry 1y ago
  Because there's always some new thing that will bring infinite wealth, and shareholders believe Tesla will be the leader in it. Now it's robots, $10 trillion market.