it's ok, the president will make some rediculous executive order like "all federal vehicles must be tesla", then do no price haggling or something and it'll pull him right out of that bind.
Sadly I don't think I'm joking.
Ah, but you've forgotten the real money maker.
Turns out it's much cheaper to buy governments than it is to perfect self driving technology.
He probably needs all the H1B visas for his remote taxi drivers. I doubt the latency would be good enough otherwise. And it was clear in the 'demo' the pilot was just standing right there controlling it.
I doubt latency would be an issue.
More the fact that they'll be juggling too many at once.
Yeah but then it’s not teslas fault. That employee didn’t do their job and can be fired
People don't want Swasticars? Huh.
You know you fucked up when you made it so people hear nazi car and think of your company and not the car company founded by the nazi government
If any other company dropped net profits by 71% they’d be firing their CEOs (well giving them a golden parachute to gtfo) and having some major shake ups.
Good thing musky got that big compensation package shoved through, eh?
I wouldn't buy a Tesla even if Elon wasn't a Nazi and a Zionist.
I can barely see how they were so popular up to now anyway. I, too, thought they were cool like 10 years ago, when they were the only real electric car (Leaf and I-Miev don't count and we didn't get the Bolt or Volt here, only Opel Ampera and Ampera-E, which are ultra rare). Then a couple of years later, I realized some things, in this order: 1) Tesla interiors are THE BLANDEST THING EVER, 2) Elon Musk's been seeming increasingly weird starting with the cave diving incident, 3) Tesla quality control is absolute shite
Tesla changed the world by proving you CAN have good range and performance in an EV, but now they're way past their prime. The Germans, Swedes, Koreans and now I believe EVEN THE CHINESE make better EVs. I have no experience with non-Tesla American EVs to comment on those, but I wouldn't be surprised if they surpass Tesla in overall quality of vehicle in a few years too.
Service being up 30% is a bad thing for the consumer. For a vehicle that doesn't require much at all in the way of service...
I'm not sure what Services means there though. It could very well include subscriptions rather than the actual servicing of their cars? Or maybe both?
As an owner of a recent one, but before Musk’s issues got so hard to ignore, it has good quality, as did everyone I look at. Tesla had some very well publicized quality issues, when they were hand-building the first vehicles, scaling up the model 3, and trying to build the very different technology of the cybertruck, but their normal, recent cars seem fine
As a gadget freak, teslas have many features that just don’t exist on other vehicles. Has any other manufacturer even gotten over-the-air updates right?
Several of the other vehicles you mentioned aren’t available in the US. We can expect increased protectionism so they never will be.
At least at the time, my Tesla was the lowest price EV with capabilities I wanted. The incentives made a huge difference but I don’t think it would qualify anymore plus they appear to be getting cancelled
We did have a wave of vehicles expected over the next couple years that may give some competition, if those legacy manufacturers don’t retreat to selling ICE trucks and SUVs only. However GM botching the Trailblazer, and Volkswagen screwing up the software on their attempts do not bode well. Hyundai/Kia has some good possibilities. The high end has several good possibilities but for too high a price and too low a volume
Ah so only the unverifiable services that don't require an easily trackable commodity did well.
I wish I could make up income too.
Value investing is basically dead, isn't it? Am I crazy? How can you objectively evaluate a company's value, notice it is undervalued, and then trade accordingly when price action does not even slightly track the company's value?
The investors are banking on Elon looting the Govt coffers into Tesla. I can’t deny the chances based on the other crap we are seeing.
Exclusive contracts at 20% mark up. Can’t wait for all police vehicles to switch over to teslas.
I'd support that: the new excuses as to why a suspect escaped would be fantastic.
"Well, I would have caught him but my car died for some reason and I couldn't get out."
"Well, I would have caught him but I hit a bump and half my car fell off."
"Well, I would have caught him, but my car caught fire and killed my partner."
"Well, I would haved caught him but it was raining so my bumper fell off and punctured my tire."
True enough. A bet on any tech stocks right now is probably safe on that basis - but I expect they really do plan to crash the stock market at some point... It would make sense if you wanted to consolidate ownership cheaply.
Value investing is basically dead, isn't it?
You're looking at a too short time frame. The famous tulip bubble lasted for a decade, too.
I wondered that a while ago when Tesla was worth more than many other car makers combined while producing far less vehicles than any single one of them. And I remember people telling me about projections and expectations and that it’s only a matter of time until everyone drives a Tesla basically. Sounded like mass hysteria to me back then because the rest of the world won’t just sit there quietly and let Tesla have a monopoly. People bought shares because they rose rapidly in value, causing even more people to buy shares. It’s a pyramid scheme like so many things these days and people have no problem with it apparently. They love gambling and playing lottery. Value investing is too boring for them.
https://fortune.com/2025/01/29/tesla-shares-rally-2025-earnings-growth/
Tesla shares rally on pledge to return to growth in 2025
Continuing the bullshit from 2022, where Musk promised a typical year would have growth of 50!!
Tesla plans to launch its autonomous ride-hailing service in Austin in June
Hows that going Elron?
“This is not some far off mythical situation,” Musk said on the company’s call with analysts. “It’s literally five months away.”
So it's been LITERALLY running for more than a half year now? Or is it still a no show, like the 7 previous years FSD should have been here?
We can do this TODAY.
He has said that so many times, on so many things, and it's always a lie. FSD, Convoys of trucks that are cheaper than trains! Tesla being able to park. which it still can't do reliably. And this is the very beginning of the claim that a Tesla can drive across the country (USA) to pick you up!
Did ANYONE believe his bullshit ever, do people believe he will build a manned base on Mars eventually? A base that should have been up and running I think it was 2022!!!
How is this man not in jail?
Oh right, probably much the same way Trump is not in jail. USA is an oligarchy moving towards a fascist dictatorship!!
I believed him at first, why wouldn't I? Self driving was starting to take shape, the demos looked good, I assumed what he was saying was legitimate.
I remember starting to question things around the time of the Tesla Semi reveal. It didn't make sense to me that you'd use heavy, short range batteries in an industry that runs by driving as far as possible, for as cheap as possible, hauling as much as possible. There were just too many compromises and he didn't give any details other than acceleration (who cares in trucking).
After that I started looking into him more and realized his bullshit spread through everything he touched. I honestly think most people are simply not paying attention to him, they just read headlines and since headlines never call him out and only amp up the crazy ambitious things he says, people believe he's a genius.
That seems to be slowly changing as he opens his stupid mouth about politics, but he's pivoting to a new audience now.
I believed him at first, why wouldn’t I?
Admittedly so did I. 😋
I agree the Truck convoy claim to be cheaper than trains were so obviously bullshit, I was beginning to get on to him by that time, but if I wasn't sure before that, I definitely agree at that time it became obvious that he is a fraud.
headlines never call him out and only amp up the crazy ambitious things he says, people believe he’s a genius.
Absolutely, it's so bad much of the media are essentially complicit.
That seems to be slowly changing
Here it's changing fast, it may be tomato - tomato, but some claim Tesla is still the best option, despite all the bullshit.
But we recently had a report on how Tesla had record high failure rate on mandatory safety checks after 4 years here in Denmark. So maybe that will detract from the "best option" bullshit.
Tesla claims to have cheaper servicing, but if the cars aren't legally road worthy, when adhering to manufacturer service recommendations, that's just another bullshit claim.
I've seen reviews where they point out cheaper maintenance of Tesla as a HUGE advantage, making them cheapest car to own in their category. This has annoyed me a little, because I'm a little bit in love with the Skoda Enyaq, but it cost about twice in maintenance than a Tesla Y. Well maybe there's a reason for that, and it doesn't annoy me anymore. Because if you follow recommendations for the Skoda it's actually maintained, the Tesla is not. The same for all other VW family cars, they are a bit expensive to maintain, but I've NEVER heard about problems like with Tesla on safety on any VW-group car.
So more than a third of their net profits come from selling credits they received from the government? Am I understanding that correctly?
Yes you are understanding that correctly. For producing EVs, they get credits from the federal government. I don't know the exchange rate -- e.g., how many EVs per credit.
Then, Tesla turns around and sells these credits to buyers, usually other companies. Companies buy these credits from Tesla to comply with regulations requiring certain environmental outcomes, and credits count towards these outcomes.
In theory this type of program incentivizes and rewards companies who invest in the technology(is) tied to these credits, in this case EVs. In practice it's a way for other companies to comply with renewables regulations without actually doing anything to meaningfully reduce their impact and footprint (other than buying credits)
So it's a government subsidy at no cost to the government, funded instead by other companies? That's actually quite a neat idea.
I guess the issues arise if Tesla just pockets the subsidy without passing on the savings to savings to people buying EVs
I guess the issues arise if Tesla just pockets the subsidy without passing on the savings to savings to people buying EVs
This report shows that they do just that: without the emissions credit system they would operate at a loss. In other words: they sell cars for cheaper than the cost of manufacturing. Coincidentally the same thing the US and EU claims China is doing, as motivation for mercantillist tarrifs.
They are emissions credits. Every company receives some amount of "CO2 emission credits" from the government. These allow you to emit a certain amount of carbon dioxide. If you don't emit all the CO2 that your credits allow, you can sell those credits to other companies that need more than the government gives them.
The idea is to put a total limit on the amount of emissions in the country, while letting the market figure out where it makes most sense economically to invest in emission reduction.
Tesla makes only EV cars and so it doesn't need all the credits a typical gasoline car company would receive. So they sell them.
"Tesla makes only EV cars and so it doesn't need all the credits a typical gasoline car company would receive. So they sell them."
Which means the system isn't working. Surplus credits should come from improved efficiencies, not excessive allotment.
Which means the system isn't working. Surplus credits should come from improved efficiencies, not excessive allotment.
Total number of credit goes down over time. That mechanism ensures an adapt, die or emigrate pressure for large polluters, and a financial stimulus for small-polluters.
Net Profits: Dropped by 71% to $2.3 billion in Q4 2024.
Since when 2.4 billion net profit is terrible?
"Yes, we earned billions but it's actually less than the year before!" Dude, go out and touch some grass...
"Terrible" is just for attention, but the bit of news that would have cratered any other company's stock it that it's down 71% YOY. Plus:
Regulatory Credits: $2.8 billion of profit came from selling regulatory credits, not from core business activities.
People in the current administration have said they plan to end these credits in the coming months. Without them in 2024 Tesla would have reported a $500million loss for the year.
That’s ok, I’m sure a big government bailout is on the horizon for JUST the struggling, American EV auto maker, because their CEO sucked the president’s dick the best.
i guess time to short it? seems like a bubble
The problem is that it has been a bubble for most of its public trading existence. It was highly overvalued 10 years ago, the stock price has never made sense, so who knows when it will finally correct.
Historically they were technically right. Tesla has always been priced by emotion rather than fundamentals. However it’s not enough to be technically correct when you lose money on that bet. And they almost always lost money.
It’s always been a bubble but that has lasted much longer than most bubbles and no one can predict when it’s pop
All it needs is a couple of opportunistic fuckers to take advantage of chaos and that shit will plummet like a fucking rock.
It's a memestock now. Aspirational tech-bros are buying it because they want to own the libs, too.
several key points highlighted
Lists nearly a dozen items 🤣
Credits aside, these dont seem like bad numbers when compared to spend/investment. Tesla management got what they wanted.
This is a most excellent place for technology news and articles.
