Tesla stock drops by 50% in three months
- Thread starter JeanGary Diablo
- Start date
It's not about the stock. It's about the company. Tesla will not sell anything as long as Musk remains on board.
I dislike Musk and his egocentric drive but this vandalism has to stop.
People are obviously venting their anger towards Musk and Trump by these acts and these guys are assholes... but this does not deter these type of narcissists. It emboldens them by fuelling their self-pity victimhood.
And I don't disagree that since this vandalism, including arson, is in furtherance of political objectives making it terrorism.
People are obviously venting their anger towards Musk and Trump by these acts and these guys are assholes... but this does not deter these type of narcissists. It emboldens them by fuelling their self-pity victimhood.
And I don't disagree that since this vandalism, including arson, is in furtherance of political objectives making it terrorism.
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.
Civil disobedience is a thing. Musk, the unelected oligarch, is killing people with his actions. Not just his actions in government, but with his corner-cutting cars too.
Peoples options are: 1: destroy property, or 2: start killing tesla employees/drivers.
If you think burning a couple of cars is equivalent to setting off a bomb on a subway, or driving through a crowd, you really should take some time and reflect on your beliefs.
Property is not people.
Translation:
Musk is an oligarch who is spearheading a total rape of the system while marginalizing 80% of the population, who are being driven
to subsistence levels and much worse and have no way being heard or fighting back.....but this vandalism has to stop.
Is that about right?
It's never too bright to target and piss off your base market. Let's face it, right-wingers are the least likely to buy an electric car. I don't know what Mush was thinking.
Some of it will be, some of it won't.
There are people who are just going to be doing it for other reasons.
Proving political intent is going to be on a case-by-case basis.
Or would, in a usual court of law.
Just think how much higher the insurance rates for those tesla dealerships are going to be. I don't think that money will be replaced.
Insurance for cybertrucks was already almost impossible, try it now with almost every truck in recall for the glued on body falling apart.
Hey hey hey...advocating for common sense...that's unacceptable..news of tesla vehicles and dealerships ablaza are being celebrated by liberals and democrats...don't rain on their parade...
