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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

#201

Post by d23 »

curiousgal wrote: post #129
d23 wrote: post #82

Earlier quoted context omitted.

He has a far bigger impact on society, both potential and realized. And there's still a lot of damage he could (and seems inclined) to do.

The world is much much bigger than you think. It might be shocking but Twitter, Tesla, SpaceX, and even PayPal are irrelevant to the daily lives of the vast population of the planet, and they will be for a long time.

> The world is much much bigger than you think.

This is a condescending, ignorant, and stupid sentence.

> It might be shocking but

And so is this.

> PayPal

Ah yes, ecommerce, famously irrelevant to modern society.

> Twitter

I don't even know where to begin. We live in an information age, and this is one of the largest platforms of disseminating information there is. More importantly, the most prominent journalists in the world rely on Twitter for sharing information. Do you think the Saudis are so hell bent on infiltrating Twitter because it's irrelevant? Why do you think state actors spend so much effort trying to control narratives on social media?

And to the larger point: you're saying the richest man in the world and his attempts to mold modern society are irrelevant.

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

#203

Post by ahahahahah »

jetsnoc wrote: post #175

Tesla stocks have always been overvalued. The reason why is that people believe in him, his vision and the future sales of Tesla based on him and his vision. It is a luxury brand. A lifestyle. I am proposing the theory that maybe he's lost a little bit of that magic in people believing in him. I could have it all wrong since it is anecdotal evidence of the worst kind - my own. I recently considered purchasing a Tesla…

Tesla plaid is not a luxury car.

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

#204

Post by cardiffspaceman »

kylecordes wrote: post #176
RobertRoberts wrote: post #144

Earlier quoted context omitted.

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 mul…

I've had a Model 3 since 2018. You can see earlier in the thread that I am not a raging Musk fan, in particular of his public behaviour over the last few years. But a couple of these concerns are may be just because of the short experience renting? Door handles: for the first week or so they seemed awkward, but I've been opening with a single hand ever since. The design is very similar to various exotic sports cars -…

Why would someone buy a car that gave a bad experience when rented, on any point? I would think that "renting bad" would be a huge problem for sales.

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

#205

Post by akmarinov »

Geee wrote: post #72
CharlesW wrote: 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…

It's ridiculous to state that Elon praised Medvedev. Medvedev made some insane and absurd predictions for 2023 and Elon replied with "Epic thread!!". It was epic because how insane it was. Elon clarified it later with "Those are definitely the most absurd predictions I’ve ever heard, while also showing astonishing lack of awareness of the progress of artificial intelligence and sustainable energy."

The UK rejoins EU and it falls apart all in 2023 - that is epic. There’s negative chance it happens, I can’t take it as “Elon think this will happen”

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

#206

Post by jetsnoc »

ahahahahah wrote: post #203
jetsnoc wrote: post #175

Tesla stocks have always been overvalued. The reason why is that people believe in him, his vision and the future sales of Tesla based on him and his vision. It is a luxury brand. A lifestyle. I am proposing the theory that maybe he's lost a little bit of that magic in people believing in him. I could have it all wrong since it is anecdotal evidence of the worst kind - my own. I recently considered purchasing a Tesla…

Tesla plaid is not a luxury car.

I am always willing to correct an error or omission. Could you share more? I was curious if my statement was bias (on my part) or fact so I did a little research and came across the Edmunds quote below. They are basically the consumer reports for vehicle shopping.

  "The Tesla Model S Plaid is a high-performance luxury electric car that Tesla says pumps out 1,020 horsepower and does 0-60 mph in 1.99 seconds. If all of that sounds impressive, that's because it is."
I'm always willing to correct my world-view though so I would love to learn more. I do recognize there are super-luxury cars which a Tesla S is not. Say a Rolls Royce or a Bentley but the little amount I drive there was diminishing returns on that next level of spend on a vehicle.

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

#207

Post by akmarinov »

panick21_ wrote: post #45
hericium wrote: post #8

$LCID down 70%. Elon: "they are not long for this world" $TSLA down 70%. Elon: "unfavorable market conditions"

LCID barley less any vehicles, and is losing billions, has bad automotive margin. Tesla, is growing, has leading margin, made 3 billion $ last quarter. Totally comparable.

I mean Lucid only makes 1 car that’s the equivalent of the Model S. That’s like saying Tesla pre-Model 3 is bad.

Wait for Lucid’s Model 3

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

#208

Post by scifibestfi »

astrange wrote: post #154
scifibestfi wrote: post #66

Earlier quoted context omitted.

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.

That's poor game theory. Russia is a Mongol horde. Suing for peace against tribal border raiders (cooperate) is a rational strategy. If they know you'll always cooperate, then their best strategy is to always come back and attack (defect). Each time you achieve peace you lose land. So, rational strategies are bad. You want to adopt an irrational strategy where you appear to be a crazy person willing to hurt themselve…

Only if you're correct about them being a Mongol horde and not a rational actor, but their actions were predictable and were in fact predicted by professors years ago who understand the geopolitcal landscape and history of NATO.

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

#209

Post by akmarinov »

awacs wrote: post #103
victor106 wrote: post #48

Earlier quoted context omitted.

> Tesla has bought up all the mining rights for the minerals required to ramp up battery production Source?

I have to say, I didn't realize how strong Hydrogen powered vehicles are right now in development. That could be a legit competitor soon if they work out some of the smaller kinks and develop a fueling network. Literally zero fueling time, much less lithium in the manufacturing process and a closer feel to traditional ICE.

But the efficiency of taking power to make the hydrogen into liquid form only to make it back into electricity later on is horrible.

Also with a BEV if you have solar, you can literally fuel your car for free. Why bother with hydrogen?

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

#210

Post by curiousgal »

d23 wrote: post #201
curiousgal wrote: post #129

Earlier quoted context omitted.

The world is much much bigger than you think. It might be shocking but Twitter, Tesla, SpaceX, and even PayPal are irrelevant to the daily lives of the vast population of the planet, and they will be for a long time.

> The world is much much bigger than you think. This is a condescending, ignorant, and stupid sentence. > It might be shocking but And so is this. > PayPal Ah yes, ecommerce, famously irrelevant to modern society. > Twitter I don't even know where to begin. We live in an information age, and this is one of the largest platforms of disseminating information there is. More importantly, the most prominent journalists in…

The ignorant and condescending sentences you pointed out are true and I only added them because you still seem to be looking at this from an upper class American/European perspective.
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