785
I’m sure this had nothing to do with it, yeah? Fuck the PedoNazis and the Swasticar company.
In fairness, none of those countries liked the Romans, so...
And as the Visigoths ransacked Rome, Emperor Honorius was heard yelling, “not my Cybertruck!“
Ah, what a time to be alive: Pedo nazis are trying to take over the U.S. (and other parts of the world), and we‘re driving around in swasticars. Sounds like the plot of some 80‘s movie, but somehow it’s the reality we live in. And, somehow, where I live (central Europe), people are still voting for right-wing parties, seeing what is happening, seeing history repeating itself. This ignorance is infathomable to me, and I can only hope that either we will never suffer the consequences of what we‘re voting for or we learn it for real this time.
Pedo nazis are trying to take over the U.S.
Alas, not sure about "trying", but yes.
Tesla global sales by year compared to Ford and Toyota
The incredible thing isn't the slight down tick in sales last year (on par with most international car companies), but that Tesla has a market cap that exceeds both of these mega-manufacturers despite being dwarfed in both assets and revenues.
On paper, they have so much farther to fall than what these short term sales shortfalls imply. But then this is a car company that's defied gravity for a decade. Consider that each vehicle Tesla sells reflects $700k - $1M in market cap. On a $60k-$110k vehicle.
All their valuation is predicated on future predicted returns on the technology rather than current sales figures. And I don't know when that will actually change.
It's very clear that at this point, insofar as there is any logic at all to the decision making of people investing in Tesla (and there's very little evidence of that), they're evaluating it as a software company, not a car company.
This seems to be largely based on the notion that Tesla is the world leader in self-driving, and poised to become the world leader in other areas of automation. And that would, admittedly, mostly justify their very high share price, if there was literally any evidence it was true. Of course, what they actually have is a self-driving system that is only number one in fatalities caused, and a bunch of faked demos of robots made using low paid remote operators.
Tesla is easily the single best demonstration of how fucked our economic system really is. That a company can so blatantly lie, over and over, about what their products can actually do, and somehow continue to see their share price increase tells you everything you need to know about how utterly fictitious the entire notion of the stock market is.
they’re evaluating it as a software company, not a car company.
That still doesn't justify the valuation. Tesla's market cap is 3x Oracle's, ffs. It's half of a Microsoft. No software they produce can justify this valuation.
Palantir and NVIDIA have the same hyper-inflated position. Nothing in their projected revenue figures can explain their company's valuation, unless you're just hand-waving and predicting 10-20x growth over the next decade.
Tesla is easily the single best demonstration of how fucked our economic system really is. That a company can so blatantly lie, over and over, about what their products can actually do, and somehow continue to see their share price increase tells you everything you need to know about how utterly fictitious the entire notion of the stock market is.
Warren Buffet definitely gearing up to print off another deck of "Fell For It Again" awards. Only question is when they get handed out.
unless you're just hand-waving and predicting 10-20x growth over the next decade.
That's exactly what they're doing.
The problem is that hyper-advanced automation is essentially unpriceable. When your potential market penetration is "replace all human labour" your profit potential is infinite.
The real is issue is not how they're pricing the potential upside, its that none of these companies have remotely demonstrated that they have the ability to actually produce that upside. It's an entire industry shilling a fantasy on the back of some very impressive sales demos.
The problem is that hyper-advanced automation is essentially unpriceable.
I mean, I could point you to a few economics journalists who would argue otherwise. Ed Zitron's been screaming about the downfall of AI for the last two years straight.
But the market can remain irrational longer than you can remain solvent, as the saying goes.
It’s an entire industry shilling a fantasy on the back of some very impressive sales demos.
Doesn't hurt to have a bunch of tech-friendly goobers running state and federal governments who are turning out the taxpayer's wallet to finance these hallucinations.
I mean, I could point you to a few economics journalists who would argue otherwise. Ed Zitron’s been screaming about the downfall of AI for the last two years straight.
I feel like you're only reading every other sentence of what I say. In this instance, you seem to have fixated on this part, but sailed right past the part where I said that there's zero evidence that anyone can actually produce hyper-advanced automation. I never argued that it was a rational decision to go all in on this possibility, and that's entirely clear from my previous comments.
Ed Zitron is completely correct, but he's also making exactly the same argument I am; that these people cannot actually achieve the technological revolution they are promising. That doesn't change the fact that, if their wish granting genie was real, it would basically have unlimited upside. The problem is not how they're pricing the outcome, the problem is how they're evaluating the probability of achieving the outcome.
there’s zero evidence that anyone can actually produce hyper-advanced automation
There's plenty of evidence (Waymo, for instance, or Xaiome) that companies can produce "good enough" advanced automation. Tesla's just not the guy to make it happen. Same with AI. Very possible to produce useful tools (Alibaba's Deepseek, Insilico Medicine's Pharma.AI, etc) with LLMs. Sam Altman's just not doing it.
Ed Zitron is completely correct, but he’s also making exactly the same argument I am; that these people cannot actually achieve the technological revolution they are promising.
Zitron's heavily focused on the economics. Specifically, he's fixated on the cost of running the American data centers relative to their prospective future revenues and profit horizons. He's not even "anti-Tech" relatively speaking. He's just reading balance sheets and doing basic math on depreciation rate of hardware to conclude the current business models won't work.
This isn't to say it can't happen. It's to say these businesses won't make it happen.
The problem is not how they’re pricing the outcome
This is where we're in disagreement. They're pricing their outcomes totally wrong, even in their self-proclaimed "best case scenario". That's leading them toward malinvestment - heavy spending on hardware and brute force algorithms. Marginal investment on material applications and workflow integrations that benefit anyone.
This isn't a probability problem where they can luck into a multi-trillion dollar windfall.
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It’s very clear that at this point, insofar as there is any logic at all to the decision making of people investing in Tesla (and there’s very little evidence of that), they’re evaluating it as a software company, not a car company.
Nah, the logic to the decision is that other people are buying a lot of tesla stock and the price keeps going up. It's very nearly a ponzi scheme. It has value completely detached to what the company is doing. It's tulips, crypto, beanie babies. Most institutional investors realizes this, they also are trying to get in and get out without holding the bag.
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I think the 3 things Tesla has/had going for them was...
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Car sales growth. The had some pretty ridiculous growth in sales for a few years there.
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Captive Market. Pretty much everyone I know with a Tesla charges at home, or at a Tesla supercharger. They've got the Apple ecosystem lock in for the "fuel" you put in the car. This walled garden approach basically lets Apple print money.
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Technology. FSD, autopilot, and manufacturing. Tesla presented as a very tech focused company that was dumping money into R&D similar to how Amazon built up in the early 2000s. Investors love companies that are poised to control the entire market in the future.
Pretty much all 3 of these pillars have collapsed now. Their car sales are in a huge global slump. More cars are available that can charge on other charging networks, and those charging networks get bigger and better every day. Elon's FSD is basically vaporware at this point, and the high degree of automation Tesla was touting in their factories came back to bite them in the ass.
This leads to my favorite recent quote about stocks though... "The market can remain irrational longer than you can remain solvent." Let's face it, Tesla stock is a bubble, AI is a huge bubble. The problem isn't knowing that there is a bubble, the problem is knowing when that bubble is going to burst.
One thing you're missing is that about 1/3 of Tesla's profits were from selling carbon credits to other manufacturers. That disappeared recently also.
It’s honestly quite unhinged when you look at how much each vehicle contributes to their market cap.
Tesla stock price is a load of crap, pushed up solely by Elon chuds.
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We should get those numbers lower. Every Tesla is one too much.
Higher is better in this case. 100% preferably.
Well, I meant the number of sold cars. But yes, a 100% reduction would be great!
List of stuff that I can't accept from a vehicle:
- If it's created by a Nazi
- If the gear selector is on a touchscreen
- If the blinkers are on a touch button
- If the wipers are on a menu on a touchscreen
- If it has no support for Android auto or carplay
- If it requires a subscription for something that is already present at moment of purchase or is done locally by the headunit
- If the doors don't have a mechanical unlock from outside or inside (no, the mechanical unlock from inside it's too hidden to be considered, in case of emergency nobody will be able to find it before being burned alive - even in a hidden room game they don't hide levers under rubber mats in drawers)
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No worries! The stock price keeps going up, so it doesn't matter how many cars Tesla actually sells.
Means that too many people are still buying teslas though.
My friend has one. When I saw her I asked if she knew there was dog shit on her drive. She came out and asked where. Wasn't hapoy when I pointed at her tesla.
Attaboy, make her regret it every second you’re around
When she asked you if you think that was funny, did you reply with "heil no"?
Lol she didnt ask.
She just called me a dickhead
Oh dear. How sad. Never mind.
My heart goes out to Musk....
I wonder has that super genius figured out it was his fault yet? Just kidding he is a narcissist. They never blame themselves for their problems.
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Any company with a functional board of directors would have fired the CEO yesterday.
This is not a legitimate business. Institutional investors should be running away from this company.
Tesla cars also fail the mandatory safety inspections in Europe at an alarming rate. That's not a good look when buying a new car.
They're also notoriously terrible build quality.
I will give Tesla credit for one solitary thing: They did help jumpstart electrics. Help. Not cause.
But that has been picked up by real car manufacturers, who just need more encouragement to continue to increase numbers, along with infrastructure projects to bring more charging stations to more places. A critical area would be for installations in places like apartment parking lots and various public parking lots (i.e. paid parking but I mean shopping lots)
Yaaaaaay.
Does this mean we can get the real "Tesla"s soon?
Nikola Tesla style tech, not Tesla Corporation style tech. Emanipatory tech, not rentier tech. Spaceships for everybody, not cars and rockets for the rich enough.
No? It doesn't mean that? Aw.
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Off-topic, but...
it occurred to me the other day that Tesla (the actual person) has been exploited by Edison in real life. A century later his name is exploited yet again by another "genius inventor". I just feel bad for the guy.
I'd like to see this article's sources for the Norwegian sales number. Unfortunately, most other sources point to an about 40% increase in Tesla sales here last year. I generally like my country's adoption of evs (I'm on my third), but the fact that the muskrat keeps selling cars in norway massively bugs me :/
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Tja
Musk fucked around and found out.
TBF I'm pretty sure that cheap Chinese EVs are a pretty big factor here. Of course, all the nazi shit doesn't help.
I am sure this is what Rubio meant when he said that they "need Europe to help save the West" the other day. Right?
I see more BYDs in my country's streets.
The FY2025 vs FY2024 numbers were plenty damning. Comparing January 2026 to previous Januaries is kinda silly given how much monthly fluctuation there is, and how few markets actually report on Monthly numbers
Don't you know that Tesla will be building a Dyson Sphere together with SpaceX at a 100 Morbillion valuation? Who cares about cars?
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Tesla is a scam and money laundering operation.
I took a tour of their factory in the mid-2010s because a friend worked there in their training and development department, he was in charge of everyone who wrote assembly guides/processes.
He told me they’ve always operated at a loss and relied on “shifty Elon” and that he’d never buy one but the money was great working there.
Nowadays I see so many incompetent Asian and Indian buffoons driving around the Bay Area in their Teslas, supporting this shit company and its wannabe Nazi CEO.
You can tell someone is incompetent because they're Asian or Indian?... Holy racism Batman!
No, the sentence is missing a comma. The incompetent driver part is the factual point of the observation. The casual mentioning of Asian and Indian is the racist part.
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this post was submitted on 17 Feb 2026
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