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But yet the stock is still above 300. The valuation of this company and the stock price do not correlate.
Never have. The stock market is a glorified casino. Prove me wrong. The entire basis of the stock market is a joke.
Maybe you are a bit wrong ;) casino's use real money. Stock markets don't. It's lots of money that just isn't there. It's all made up. If you have 5 million shares of $1 it looks like you have 5 million. Try to sell them at once to become that millionair, there is suddenlyy too much for sale, price drops and they become worthless.
The only way in which shares can more-or-less translate to real money at their face value is if you use them as collateral on a loan. This is how rich people are rich: they use their shares to take out loans which provide them with spendable money. Money now is always more valuable than money in the future, due to inflation and opportunity cost, so most rich people are almost always in monumental amounts of debt, but because they were able to spend a bunch of money up-front, they're able to invest in things that bring them even more money to pay the debt off. Example: if you had the money to buy a house and rent it out to tenants, the rent you receive will EASILY cover the mortgage - the trick is getting the collateral to get a mortgage to begin with.
The only danger is that banks and lenders write in a clause that if your share prices (ie the collateral the loan relies on) drops below a certain value, you are forced to sell the shares off and give them the proceeds, so that they can recoup at least some of the money they lost on your bad collateral before it devalues completely. This could, theoretically, happen to Musk if $TSLA drops below a certain threshold, which is what half the Internet seems to be hoping for.
I really want Tesla stocks to go down enough that it will cost Musk a huge chunk of his wealth. But the stocks have recovered. Although, I think Tesla stocks will continually go down in the future so long as Musk is the CEO. I hope that Musk doesn't get replaced until his shares tanked drastically!
That's because Tesla is a shitcoin on the stock exchange. It has the same qualities as Gamestop and BBBY. It will operate that way until it no longer exists, with holders diamond-handing it into oblivion through tears of rhetoric.
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Its an investor cult. Like Bitcoin. The valuation and the real world tangible value are completely disconnected.
Tesla is the original meme stock.
The stock price has always been a load of crap.
The stock market is legalized gambling on vibes.
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Musk's political activities have soured public opinion on the company and contributed to declining global sales.
That's not a political opinion. He did a Nazi salute on live tv
Good thing I plan on driving mine until I die. There’s no point in trading in/upgrading with that low of an offer.
I would be surprised if an incel camino lasts 3-4 years of regular driving.
Why is this the first time I'm hearing it called the "incel camino"? That's great.
Edit: Left out a word 🤦♂️
Because technically if you chose to buy one, you volunteered to be celibate. So there is no involuntary about it. They just don't realize it. They should have read the fine print of their fash wagon closer.
Honestly I think these are probably better designed and more durable.
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There's a good chance it'll kill the owner sooner rather than later, so it's an accurate statement.
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Not the collapse I’m hoping for, guess I gotta wait a little longer for that one.
Elon Musk is a Nazi
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Last month, Chinese EV automaker BYD outsold Tesla in Europe for the first time.
Because they're actually good cars and they come in varieties other than sports. Tesla has always had this problem that as soon as real car companies come along their own vehicles start to look less appealing in comparison. Just look at the explosion of electric pickups. And then Tesla answer that with the cybertruck, seriously that was the best they could do?
They had it all their own way at first because there were virtually no other EV car manufacturers. That is now starting to change and they haven't responded to that threat in any real way.
And that's despite a 27 percent tariff on Byd by the EU, which is even more embarrassing for Tesla.
That's also Tesla's fault. They massively overprice their cars so that even when they're competing against a tariff their cars are still more expensive than the competitions.
Oh and BYD cars have actually decent self-driving capabilities. Not that it's 100%, but it's a lot better than Tesla's offering, and unlike Tesla you don't have to pay extra for it, it's just standard.
This won’t change even when he leaves the company. He and his companies are inextricably linked. He is the companies.
Liquidate Musk
Thoughts and prayers to the wealthy attention-whore douchebags that were affected.
Maybe they can make their money back from YouTube videos tipping CyberTruck over cliffs etc
The media is no longer interested in putting a positive spin on Tesla, or any other Skum business. Every earnings call is going to be worse than the last one, which will just accelerate the decline. The damage to the brand image is irreparable, and directly attributable to Skum's irresponsible ego bender, and a brutal shareholder lawsuit is inevitable.
Tesla will be bankrupt in less than 2 years.
I see the same but cannot for the life of me understand how the stock isn't shitting the bed. The whole US market is irrational at this stage but Tesla is just ridiculous
A lot of people still believe Musk is some sort of tech genius, and he will revolutionize AI and robotics with Tesla.
But Tesla isn't even among the leaders in anything anymore, either Electric cars, or self driving, or AI/robotics.
Tesla boasted the most profitable car production a few years back, and people think he is also some sort of production of scale genius. But today Tesla is selling every car at a deficit!
Their profits comes mostly from selling CO2 tax credits and then some from financial gains. The main business is losing money already, and that will probably get worse as the competition out-competes Tesla heavily in China and EU, and only USA remains as a niche market for Tesla behind a protective wall of import tariffs.
lol no.
It’s a meme stock.
He can keep Tesla stock high by doing something extreme. He just needs to keep being more extreme than the last time. Buckle up buckeroo.
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This story combines like 3 headlines worth of bad news into one shit sandwich, and man the whole deal tastes like Schadenfreude feels XD
Just passed a Tesla lot today and it was packed full of these trucks, and cars. All were covered in dust.
as they should be.
I read that as rust. thinking that must be some low quality stainless on those trucks.
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Did u Americans even know there are BYD dealerships all over EU?
Tesla can't compete on price and that's the only metric that matters in capitalism.
We aren’t under capitalism anymore. We are transitioning.
At one point the merchants made more money than kings and that’s why we are under capitalism.
Now tech has made all of the money, and holds most of it, and so we transition again.
They don’t care about the old rules, that’s why they are breaking them.
Musk doesn’t need Tesla. He already has everything he needs to be a borderless king. So he is.
It’s you and I that need to care about money, but the oligarchs have transitioned from it already and no longer need to care.
I don't really want one, but I'm tempted to go down and haggle.
"Really, given how unpopular they are and the unsold inventory, you should pay me to take one. It's costing you money every day it sits here... Stop the bleeding..."
“There’s a price I’m willing to pay to be seen as a Nazi supporter, but we aren’t low enough yet”
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Given the build quality I think it would be a repair bill albatross
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Hilarious and deserved. They should have built something useful instead of overhyping a truck that can’t do truck things and gets bricked by rain or broken latches.
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Can Ford hand over their Edsal trophy now for the worst American vehicle made? At least the Edsal was ahead of its time and looked like an actual car. Apparently still worth around $25k too! $65k if you find one with all the bonus features....
I know new cars depreciate fairly quickly across the board. Does anyone know what the average is?
The industry average is roughly 20% in the first year. And then 5% to 15% every year after. Heavily depends on the brand, model and market conditions. Cult cars like the Tacoma, Wrangler, WRX, and MX5, hold their value well. Whereas high selling, popular cars like the 2013 - 2017 Ford Escape tanked hard. I remember reading an article about that one and it was only worth a couple grand after 5 years.
Escapes are pretty bad cars. My ex had one with just over 100k miles, engine cracked and started leaking coolant into one of the cylinders. Totaled the car with no accident.
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Good.
The zune of cars.
The Zune was actually a great piece of hardware that was marketed poorly.
The Swastikkkar is a shit vehicle marketed poorly.
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this post was submitted on 24 May 2025
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