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Tesla is a meme stock in a similar manner to GME. You cannot bet against them even if they have incredibly unsure future prospectives because there are too man
by bhouston 9mo ago
Tesla is a meme stock in a similar manner to GME. You cannot bet against them even if they have incredibly unsure future prospectives because there are too many believers who will buy any dips.
- al_borland 9mo agoThat might be a little extreme. Tesla is making electric cars and robots. These are very much things of the future. GameStop is buying and selling used games, which is becoming impossible as consoles keep pushing for digital games. GameStop requires a major shift in their business model to stay relevant, while Tesla just needs to hope the public doesn’t reject the idea of electrics cars out of stubbornness or politics. While there is a lot of hype baked into both stocks, it seems like hype with Tesla is founded in more reality than the GameStop hype.
- jeltz 9mo agoTesla's sales are standing still in a growing market. Are they GameStop? Maybe not, but they still require a major shift or their competitors will leave them behind in the dirt.
- MBCook 9mo agoDidn’t they just announce their profits dropped like 45% year over a year? https://techcrunch.com/2026/01/28/tesla-earnings-profit-q4-2025/ https://techcrunch.com/2026/01/28/tesla-earnings-profit-q4-2... They’ve been overvalued for a very very long time. And then the head of the company decided to alienate as many people as possible. All while pouring a ton of resources into a product that very few people want instead of saner things.
- guywithahat 9mo agoSure but they also beat earnings and revenue targets, and the stock price rose. I think it was expected for EV profits to drop when the tax credit left
- fnordpiglet 9mo agoLet’s be clear tho - they are betting on two markets that have no history or assurance of success by crapping the bed with their golden goose. Tax credits and foreign competition are bad enough, but they really could innovate through it. They could even try robots and taxis and see if it floats. Instead it’s sink the ships behind them because Elon is never wrong. Their only benefit is the fact they can raise ludicrous capital to spend their way through many years of dumb. But that’s probably not enough to salvage the tire fire. My odds on their humanoid robots are basically zero. China is too far ahead here and I’m not convinced there’s a material market that could develop fast enough. I am a fan of Waymo’s and use FSD but will not believe in their taxi product - they’re too far behind Waymo. I don’t think they will gain the regulatory traction they’ll need especially after pissing off every democrat and their mayors and city councils.
- gcr 9mo agoThe current administration is “rejecting the idea of electric cars out of stubbornness or politics.” See: Trump moving to withhold funding for EV chargers, terminating EV mandates and government support, etc. I don’t know what Musk is thinking by supporting this administration so steadfastly as they work hard to undermine his own efforts and initiatives.
- dylan604 9mo agoMusk got what he needed at the expense of losing some tax incentives for his customer base. He was able to shut down government investigations into him/his companies. That alone should have been worth quite a salary bump.
- aaronbrethorst 9mo agoI'm not making any specific assertions about what's in Musk's heart. I can draw some conclusions from his behaviors, actions, and words, but that's neither here nor there. I will say, though, that there is a longstanding tradition, certainly in the United States, of an in group hurting their own material interests to deprive an out group of that same thing. https://www.marketplace.org/story/2021/02/15/public-pools-used-to-be-everywhere-in-america-then-racism-shut-them-down https://www.marketplace.org/story/2021/02/15/public-pools-us...
- csomar 9mo agoIt's pure politics: https://www.reuters.com/business/autos-transportation/general-motors-core-profit-rises-higher-demand-suvs-pickup-trucks-2026-01-27/ https://www.reuters.com/business/autos-transportation/genera... The people behind the Diesel won and now are moving the money flows their way. See GM stock.
- direwolf20 9mo agoBYD makes electric cars. Not sure if Trump will let you import them.
- nancyminusone 9mo agoNor will any American president. Detroit would collapse overnight (again).
- jmyeet 9mo agoThe only thing keeping Tesla afloat currently is tariffs and restrictions on far cheaper and far better foreign alternatives. That's not a solid foundation. It's certainly not a trillion dollar company. The dam is breaking. We have Canada lowering tariffs and agreeing to allow the import of Chinese EVs (limited, at least to start with) and the US administration goes off on Canada for doing it because they know what it means: crumbling American influence. South America, Africa and Asia are likely forever lost to Tesla. And European sales are tumbling. The supercharger network will maintain some inertia for some time but only for so long. You can see this in Tesla announcements about attempts to diversify. AI robots? I'll believe it when I see it. Robotaxis? Well you're reliant on FSD for that and you have stiff competition in Waymo and who knows what China is cooking up there. The GP was correct: it's a meme stock. It's no longer an investment in a business. It's an investment in Elon and, more generally, an investment in the administration. There's no fundamental way to predict how that goes and on what time scale. If you want to gamble, gamble. But gamgling is what it is. And, just like Twitter, I guarantee you the people at the top won't be left holding the bag.
- jojobas 9mo agoTesla's valuation is not related to their production of cars or robots.
- bdangubic 9mo agorefrigirators then? some other household appliances? what exactly is “thing de jour” tesla is today?!
- jojobas 9mo agoBYD made 35% more electric cars than Tesla and its market cap is about 1/10th. Tesla's valuation has no grounding in any physical goods it manufactures.
- deleted 9mo ago[deleted]
- linkregister 9mo agoimagination and feelings
- manuelmoreale 9mo agoWe might as well call it “vibe valuation“ since that’s what it is.
- adastra22 9mo agoElectric cars, maybe. Tesla is valued much larger than the rest of the auto industry combined though. Humanoid robots? Ain’t nobody made the business case for that. It is pure vibes.
- johnfn 9mo agoAre you seriously saying there is no business case for humanoid robots?
- oblio 9mo agoNo, they're probably saying you're that believer that will buy the dip.
- johnfn 9mo agoI own no TSLA stock and never have. I have no horse in this race.
- bigyabai 9mo agoThere was a "business case" for $25,000 EVs before China did it, and Tesla conveniently pivoted. It's 2026, anyone who's watching the game knows the score.
- adastra22 9mo agoNo, I’m saying they haven’t made the case. Or at least the case that is being presented and sold to investors is complete BS. For example, I work in deep tech and pay attention to the manufacturing industry. The idea that humanoid robots will replace, streamline and revolutionize manufacturing is a joke in that community. They’ve already long since replaced the humans with CNC machines, industrial (non-humanoid) robots, and 3d printing. The humanoid robotics craze is a lot like the crypto craze. Pure vibes and motivated reasoning. Like crypto, there is actual value there, but way out of proportion to the hype.
- johnfn 9mo ago
- julianeon 9mo agoThis was true when Tesla was primarily in the market of making electric cars. It is not true if their business is humanoid robots: that's squarely meme stock territory.
- themafia 9mo ago> These are very much things of the future. I thought it was hyperloop. I thought it was suboribital taxis. I thought it was underground taxis. I thought it was self-driving semi trucks. Or was it solar roofs? Or powerwall? Wait weren't we supposed to be on the moon again right now? He's a bullshitter. Yea, he picks good targets, but he is entirely full of shit. The market just does not reflect this. He should have been golden parachuted onto a yacht years ago.
- karel-3d 9mo agoTo his credit he also delivers, sometimes. X kind of works. XAi kind of works. You can say it is all kind of broken but it works. People predicted X will collapse just a few months ago! StarLink is really popular now, and it didn't exist few months ago. He can still do things. People are betting on that. Now if you ask me, Tesla is still his biggest moneymaker and collapse of Tesla sales will be catastrophic for his empire.
- bhouston 9mo ago> X kind of works. It is less popular and makes less money than when he acquired it, and that is ignoring the fact that it is a cesspool of racism now.
- ulfw 9mo agoThey are making no robots. What robots are they making? Where can you buy one? What does it do?
- pm90 9mo agotesla is not making robots.
- coffeebeqn 9mo agoThey are making things but the case for them being worth an order or magnitude more than a normal EV company is getting weaker by the day
- sixQuarks 9mo agoThe Elon hate is really creating a blind spot for many people here. You can’t just compare Tesla to a meme stock when the founder’s side gig is launching and landing orbital rockets - a feat that even the most technologically advanced nation states have failed to accomplish. Come on people, use a little critical thinking skills.
- anonymars 9mo agoCritical thinking might ask how the valuation of company A has any relationship to the activity of a completely separate company B (planning for its own IPO) But I will concede the founder's other side gigs would appear to have significantly affected its sales
- linkregister 9mo agoMultiple things can be true: 1. SpaceX was an exceptionally well-executed good idea, and continues to be a leader in innovation. 2. Tesla brought EVs to the mass consumer market and proved the profitability of EVs. 3. Elon Musk was essential to the success of SpaceX and Tesla. 4. Tesla now has fierce competition in the category it defined: EVs. 5. Tesla has undergone revenue and profit reduction. 6. While it experiences promise in alternate product lines, Tesla is not a market leader in robotics (Unitree, Boston Dynamics) or self-driving cars (Baidu, Waymo). Tesla reported profit growth in residential solar and residential power storage, but the revenues from these verticals are dwarfed by other segments. 7. The trend over the past decades is Elon Musk being successful at innovating in underserved parts of the market. 8. Elon Musk is not currently pursuing any underserved parts of the market.
- deleted 9mo ago[deleted]
- bccdee 9mo agoAnd man behind the cybertruck has not earned the presumption that he has a secret plan. If it looks like things are going poorly, they probably are.
- karel-3d 9mo ago
- CamperBob2 9mo agoGME is a joke that got out of hand. TSLA is a cult that went too far.
- shevy-java 9mo ago> You cannot bet against them I am not sure. I think buyers or potential buyers shifted their assessment of Tesla in the last, say, 1-2 years a lot.
- epolanski 9mo agoDid they? It keeps going up despite no reasons for it.
- sschueller 9mo agoYou can on the betting market bet against Tesla reaching their ever moving goal posts. Those same meme stock holders are so sure that FSD will come by March that they are taking the bets.
- deleted 9mo ago[deleted]
- Grimblewald 9mo agoAll fun and games until people game the system. Polymarket for example will frequently just bend/ignore the truth to make specific unlikely/not real outcomes happen.
- AndreyK1984 9mo agoI was exactly going to shot Tesla. Is Tesla more like Elon meme ?
- raincole 9mo agoThere is no such thing as "meme stock." It's literally just how stock market is since forever. But every generation thinks they are so special that they have to coin new terms for the oldest things.
- wasfgwp 9mo agoHistorically bubbles like this hardly ever lasted this long, though
- adammarples 9mo agoThat doesn't mean there's no such thing as a meme stock, that means there have always been meme stocks and we now have a consice name for it
- ghtbircshotbe 9mo agoGame stop used its irrationally high stock price to raise money. Tesla instead has been giving away stock to make Musk richer.