I think Tesla is fairly valued.

I mean, all that proves is that the Stock Market is completely irrational and always has been and using as a metric for whether or not "the economy" is doing good has always been a fucking farce.

Tesla isn't the only massively overvalued company in existence at the moment, just the biggest and most obvious example.

Theranos was valued at around $9 billion before it all came out that it was a scam.

The day that bubble bursts will be hilarious. I'll probably grab popcorn and livestream Twitter for Musky's meltdown

They may not love their gas guzzlers after a year of super high gas prices.

And then he called American tech workers removed. Insulting your customer base is an interesting choice.

Tesla's stock price has been firmly disconnected from reality for a while now so probably

I think cars bore him now that he can play statesman

The robo taxi isn't until 2026 if you make the assumption it's on time and is autonomous.

This reminds me of my old physics assignments:

"Assuming a perfectly spherical cow...."

The robo taxi isn't until 2026 if you make the assumption it's on time and is autonomous.

Tesla has said Full Self Driving is coming next year for like 9 straight years in a row, and the only thing that came out of that was "obviously FSD is a marketing term, only an idiot would have bought FSD and thought they get an autonomous vehicle"

Space X pushed the hyper loop when California pitched their idea of building high speed rail throughout the state, and once they gave space X a grant and cancelled their plans, he dropped the project.

Tesla's value comes from vibes and the potential of what some vaporware technology could be worth if they could actually build it.

I mean honestly, if Tesla could build an autonomous vehicle that could pay for itself in 1 year from taxi fares, why would they sell that to the public? They'd make way more keeping it to themselves or maybe franchising it out. A complete monopoly on the autonomous taxi industry sold for $45,000? Yeah, right.

Sociopaths. Money over ethics.

Yesterday, my wife saw a cybertruck for the first time. She went "wtf. Is that fugly thing a cybertruck?" I guess the pictures didn't do it justice.

Anything can be fixed on your own if you have the aptitude. But i can imagine dropping a battery pack that weighs whag a regular economy sedan weighs will be tough for even the most competent diy people. Ive swapped a few engines and honestly i would rather not fix a tesla. Im good with a toyota hybrid.

People thinking were going to het rid of ice vehicles and transition to a market that is compromised of a majority lithium based batteries are smoking some good shit. Firstly i think the amount of electric vehicles sold in 2022 was about 10 million while the amount of cars sold in total was about 80 million. So 12.5% of the new car market. Meanwhile were already reaching a bottleneck of lithium supply which is not great for the environment and super exploitative to third world people and economies. So we need to increase the lithium battery production capacity by at least 1000% and this doesn’t even account for the cordless power tools industry and all the other consumer goods needing lithium batteries. Americans and our world leaders are selling us a pipe dream that is induced on a fever dream of hope and wishful thinking. But it isn’t even that good in practice because have you seen these lithium battery fires? Requiring tens of thousands of gallons of water to extinguish? Its a fucking mess and the only real viable option is to make a breakthrough in solar technology. Or maybe cold fusion? Hibestly im not an expert so i don’t know. But i do know lithium batteries aint fuckin’ it.