The Dolphins Make Me Cry.com - Forums

I think that this is an interesting case study.

Musk has crashed the Tesla car brand.  Pretty much, by the numbers, the type of people who are looking to buy electric cars aren't people who like Musk, so now they're not buying Tesla and their sales are way down.  That's pretty simple and was foreseeable.

However, the Tesla stock, just in terms of an investment, is and has been bloated and not really based on market-share anyway.  It's based on the Elon persona of a PT Barnum figure -- he goes out there and promises a big future with self-driving taxis, bipedal robots and all these other things.  So, the stock is very much propped up on excitement about him.  But the actual sales are depressed because of him.

So, the stock is going up even though the sales are tanking.  It's an interesting situation and there's really nowhere for share-holders to go.  If they ditch Elon to build the brand back, theoretically, the stock based on the Elon persona will tank.  But if they keep Elon or bring him in more, the long-term value of the company will likely fail.

Add to this that much of Tesla's short-term success comes from government subsidy which was largely supported by the party that now hates him, it's an interesting position.

I think that Q2 earnings are going to be really interesting.

TSLA price is not based on any sort of rational correlation to company performance anyway.  It is based purely on hopes and dreams, and it will burst the moment people stop believing in it.  It is the epitome of a bubble stock.

Yeah, I get that, which is why they're between a rock and a hard place with Musk at the top.

I would not be shocked if the Federal government bought a large number of Tesla vehicles at inflated prices.

I still don't think that can make a dent in overall sales numbers.

I'm very pro-electric vehicles, so I'm interested to see the infrastructure flourish.  But I think that Tesla specifically may have lost out on their market forever, to be adopted by every other car company.  I can see it going the way of Saturn.

at the tesla price points i'd rather buy an audi EV, better quality, better car

I don't know .... I'm tempted to but some Tesla stock now. Elon is too smart to not come up with something to bounce back IMO.

Bounce back from what?

The stock is super high and it's based on nothing.  There's nowhere to go but down.  They have declining sales and a dead brand, based around his personality.

So...CF should invest heavy in Tesla...good call.   ;)

It's over $200 lower than it was 6 months ago and it was even lower than that at one point. unless $200 - $250 a share is not a loss to you, I'd think you would agree it has room to go back up. They will be pushing robots and other things very soon so that's what I was speaking about. 

Yeah, it's come way down from it's peak.  ...I just mean that it doesn't appear to be based on any actual stuff.  Their sales numbers came out and they are really bad.  Yet the stock is valued higher on exactly what you're talking about -- hope for robots.

It just seems like a super risk.  Especially because I expect Q2 to look even worse.  It just feels like an Elon-personality bubble.  I don't own Tesla, but I have been picking and choosing a few stocks here and there and have been following them.  I would buy a share, but I just don't think that the business model is sound.  It seems to be built on a meme.

At Tesla's peak, the company's valuation was more than every other American, Japanese, and European automaker combined.

There is absolutely no way that valuation was based on expectations of company performance.  We can talk about robots, self-driving, AI, batteries, whatever you like... the prospect of Tesla being bigger than all other automakers in the western world combined is literally impossible.  It would violate every anti-trust law on the books.

I've learned not to count that guy out. He really only cares to make things better and is such a forward thinker. Considering he has endless money the only thing stopping him is time.

I saw a guy today with ALS who can't move. They've installed that chip into his head and he can speak through thinking. They actually recreated his own voice through AI so it's him speaking. That's pretty cool stuff.


Bradford G Smith (Brad)
@ALScyborg
I am the 3rd person in the world to receive the
@Neuralink
 brain implant.

1st with ALS. 1st Nonverbal.

I am typing this with my brain. It is my primary communication.

Ask me anything! I will answer at least all verified users!

Thank you @elonmusk

https://x.com/ALScyborg/status/1916630186382291242

So, Tesla earnings came today and were worse than expected, with huge drops all over Europe, including some crazy numbers like being down 81% in Sweden, which EV sales in general are increasing.  The brand is totally toxic.  Fine.  Whatever.

Their stock went up today.  What the fuck is going on?

it's a bubble. it's the same reason gamestop stock went way up when they should have gone bankrupt

Tesla's stock price has long been disconnected from the company's performance, but this is just pouring gas on the fire.  When the stock does go down, it's going to go down hard.  2008 hard.

I still have a Tesla Powerwall I bought back in 2017 and I'm hoping their eventual "stock correction" doesn't completely obliterate the company, but that's looking inevitable at this point.  Someone will buy up their charging network for sure - it's the most valuable asset in the company - but I have no idea what will happen to the rest of it.  None of their vehicles have ever had a generational refresh (only minor changes) and their most current vehicle has been a PR and sales catastrophe.