Is it the right time to buy TSLA stock yet?
Looking past the political stuff:
Tesla runs on carbon credits/government grants. Elon himself is gutting those grants. So unless he can turn tesla into Der KdF Wagen (i.e., make it the government-mandated car), their revenues are cooked short term
Tesla's tech isn't at the forefront anymore. BYD and Hyundai/kia are ahead, and everyone else is comparable. Since I'm not getting a tech bump, why would I deal with Tesla's shitty dealer support? And if I want a too-expensive electric truck, I'm going for the Rivian.
Speaking of: Tesla's quality has always been shit. When their technology was better, you could look past it, but if I'm spending big money on a vehicle, I want it to have fit and finish slightly better than a 10 year old u-haul.
The fundamentals of the company are not good.
Comparatively, Toyota, VW, and Honda make up 25% of the world's car sales, and their stock prices are $20, $150, and $15. Tesla sells 2% of the world's cars (and falling), why should it be double-to-20x as much as those other brands?
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Now getting political:
Tesla has always had a ponzi-scheme element to it. I can't find it now, but they've functionally received more in grants/subsidies than they have earned in profit. They've traded on Elon's Tony Stark persona, which he's now blown up.
So, right now, with 100k in your pocket that you needed to buy a car to live with for the next 15 years: are you buying a Tesla, that's 10 years behind on tech, has limited dealer support, and is actively cratering; or are you buying a Ford/Hyundai/Audi that has up-to-date tech, vehicle-to-load capability, hands-free driving that works, global sales, a dealer network, etc, etc, etc.