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Tesla stock falls again, toward longest losing streak in more than 4 years

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Re: Tesla stock falls again, toward longest losing streak in more than 4 years

#141

Earlier quoted context omitted.

Examples?

For a time it was considered propaganda to push for peace. It was truly bizarro. Then a few weeks later regime approved voices said we should consider peace and it was no longer considered propaganda.

"Pushing for peace" doesn't mean anything. It could mean to push for an unconditional surrender of Ukraine, or for an unconditional withdrawal of Russian troops, or anything in between. The fact that you use this phrase along with the term "regime" tells me that you're a either a Russian propagandist or a someone who has been misled by Russian propaganda.

Re: Tesla stock falls again, toward longest losing streak in more than 4 years

#142
post #73

Earlier quoted context omitted.

It appeared to many observers that Musk was mocking the Russian propaganda, he then made the mockery explicit later. I don't understand the thesis that Musk is somehow pro-Russia. Generally his ventures are against Russia interests: SpaceX, launched in the aftermath of Russia being uninterested in selling a leftover rocket to Musk, now dominates the launch industry to the detriment of Russia, among other things halti…

I would agree on this one, but his pro-Putin / anti-American policy towards Ukraine is the context here. Plus he loves to troll the U.S. Gov (particularly the Dems) who literally made his life as a billionaire possible by funding him with billion to create Tesla when he was still basically "poor". He would be nothing without liberals who created the electric car incentive programs and EV loan programs, yet he trashes…

That was a reasonable strategy a while ago - if conservatives hate electric cars for tribal reasons, you've got to make an electric car they're allowed to like.

At this point it just seems like he doesn't have any friends though.

Re: Tesla stock falls again, toward longest losing streak in more than 4 years

#143

Earlier quoted context omitted.

It appeared to many observers that Musk was mocking the Russian propaganda, he then made the mockery explicit later. I don't understand the thesis that Musk is somehow pro-Russia. Generally his ventures are against Russia interests: SpaceX, launched in the aftermath of Russia being uninterested in selling a leftover rocket to Musk, now dominates the launch industry to the detriment of Russia, among other things halti…

Elon doesn't exactly tweet like a rational logical being at the moment. It seemed to me he was praising the tweet because it mentioned him and said he was going to be president of the US (or something like that) so he thought it was cool. Then he just snuck back in and denounced it later when he remembered he has a security clearance. He's already taken calls with Putin and randomly decided to announce Ukraine should…

It all feels very Trumpian; once he’s outside his comfort zone (very visible with the software engineering and politics in particular, in Musk’s case) he tends to just take his lead from whoever flatters him most, and promote/repeat this complete nonsense.

This is actually quite odd behaviour. Most high-profile people, confronted with something they don’t understand, will keep quiet; looking stupid is too much of a risk for these people. If the former PM of Russia drunkenly tweets about you, _you do not engage_, no matter how nice he is about you.

Re: Tesla stock falls again, toward longest losing streak in more than 4 years

#144
post #6

From https://twitter.com/BriannaWu/status/1607719007892738050 , written while Tesla was at $123.15: While the markets have been closed, two major stories about Tesla have broken. A. Tesla is shutting down factories because demand is plummeting. B. Musk praised a truly insane Russian propaganda tweet, predicting the fall of the west She expects Tesla to fall below $100 by 1/1. It seems notable that the price of used T…

Why I won't buy a Tesla (as of today) even though they are amazing.

I rented a model Y, and the ride, fit, finish, comfort, speed, venting is super cool, charging, range, power/speed settings that affect drive experience, all _amazing_ ... but... (no particular order)

- Door handles SUCK, open the wrong way and often require TWO hands. (I am not old/feeble)

- Unlocking the door SUCKS. You have to tap the key card multiple times, or in an exact spot.

- Locking the doors SUCK. You have to either find some obscure tiny lock icon on the touch screen... or just walk away an HOPE it locks. I actually couldn't tell if the car actually locked because it AUTO UNLOCKS when you get near it.

- The touch screen SUCKS. While many simple controls were easy enough, and the large screen was nice for navigation, most of it was miserably tedious. Repeat actions should be easy, but it was a constant chore to find and re-find.

- The physical controls on the steering wheel (you guessed it) SUCK. They are not labeled, and they are context sensitive so you are required to look at the screen to figure out what they are affecting. But sometimes, it's a tiny spot on the screen that it affects, and you can't see what it is doing. And since it changes what it affects, you can't rely on muscle memory.

- Lane controls SUCK. It constantly wines and alerts you, and warns you, and steers back into your lane. I tried multiple times to shut it all off, and I could simply not turn somethings off. (I work in IT, I googled it, there was nothing obviously locked down the rental company)

- Price (sucks)

Why is lane control seemly required? (my opinion) Because all the car's controls are out of your safe driving line of sight. Without this I think most Teslas would be in persistent minor/major accidents. The bad so far outweighs the good...

I hope they either allow disabling the babysitting features or make a simpler car without them. Add real physical buttons. Put a _real_ dashboard that you can see without getting distracted.

Re: Tesla stock falls again, toward longest losing streak in more than 4 years

#145

1. Chinese government is also pressuring Tesla because Elon has started work on militarizing space with StarShield and other preparation for Strategic Defense Initiative style capabilities in Low Earth Orbit. 2. Elon hasn't gotten much of the money for Strategic Defense Initiative contracts, nor is the entire program progressing much under Biden. He feels the Trump/Santis party, which embraced the project, needs to s…

He's basically a defense contractor now. That can't go over well with China.

Re: Tesla stock falls again, toward longest losing streak in more than 4 years

#147
post #12

Earlier quoted context omitted.

Eh, they're not in freefall any more. Very strong is probably an overstatement since they're still down over 65% YTD and even more from ATHs. I'm a big Meta (stock) fan though. I think they're insanely undervalued at the moment (says the guy holding a bunch of their stock that's down close to 50% all together lol)

Why do you think they are “insanely” undervalued?

#1 reason is because they're running WhatsApp, a 2 billion+ MAU service, and not monetizing it at all right now. Hypothetically a single text ad on the home screen would add billions to their bottom line overnight. #2 reason is because their core products have staying power. They've lived through twitter, snapchat, pintrest, a ton of other smaller social networks, and are still wildly profitable. I fully anticipate they'll outlive (or at least co-exist with) tiktok in the long run and do fine. #3 is "the metaverse" has like a 0.1% chance to make trillions of dollars if it works out like they think. Worst (and most likely) case is that it fails, but it isn't like they bet on something that destroyed their core business. They can just stop investing at any time really and add another $10B in profit. Even after their investments in "the metaverse" they're still pulling in nearly $30B in profit on $120B in revenue.

Obviously if I knew the future I'd be rich already, but that's my 2 cents. shrug

Re: Tesla stock falls again, toward longest losing streak in more than 4 years

#148

Earlier quoted context omitted.

How does Musk posting that sort of stuff, which is difficult to get across in text at the best of times, benefit anyone, including Musk? It's a pattern of pointless provocative nonsense by Musk, befitting a teenager, not the CEO of multiple multi-billion dollar companies. I guess he's free to do what he wants, but people are free to read whatever they want into it as well. Dismissing it as humour is not a given.

Provocative nonsense has worked for Musk up till now. He got billions of dollars worth of free media coverage from his antics. And after all of it, here we are still talking about Elon, Tesla, and Twitter.

Musk’s provocative nonsense was a major reason why I didn’t consider leasing a Tesla earlier this year when I was in the market for an EV. I don’t think I’m the only one who feels this way.

Re: Tesla stock falls again, toward longest losing streak in more than 4 years

#149
post #6

From https://twitter.com/BriannaWu/status/1607719007892738050 , written while Tesla was at $123.15: While the markets have been closed, two major stories about Tesla have broken. A. Tesla is shutting down factories because demand is plummeting. B. Musk praised a truly insane Russian propaganda tweet, predicting the fall of the west She expects Tesla to fall below $100 by 1/1. It seems notable that the price of used T…

Brianna wu is a nobody whose opinion of Tesla is equal to that of every other nobody. How is this person qualified to predict stock prices? Why does their extremely one sided take matter to anyone?

They're not a good source of information even when they're right.

Re: Tesla stock falls again, toward longest losing streak in more than 4 years

#150

Earlier quoted context omitted.

It appeared to many observers that Musk was mocking the Russian propaganda, he then made the mockery explicit later. I don't understand the thesis that Musk is somehow pro-Russia. Generally his ventures are against Russia interests: SpaceX, launched in the aftermath of Russia being uninterested in selling a leftover rocket to Musk, now dominates the launch industry to the detriment of Russia, among other things halti…

Elon doesn't exactly tweet like a rational logical being at the moment. It seemed to me he was praising the tweet because it mentioned him and said he was going to be president of the US (or something like that) so he thought it was cool. Then he just snuck back in and denounced it later when he remembered he has a security clearance. He's already taken calls with Putin and randomly decided to announce Ukraine should…

He thinks he's being funny, and his opponents and critics have no humor.
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