$LCID down 70%. Elon: "they are not long for this world" $TSLA down 70%. Elon: "unfavorable market conditions"
Elon: "Tesla stock price is too high imo"
Tesla stock falls again, toward longest losing streak in more than 4 years
231–240 of 387 posts
Re: Tesla stock falls again, toward longest losing streak in more than 4 years
#232Re: Tesla stock falls again, toward longest losing streak in more than 4 years
#233Earlier quoted context omitted.
(a) isn't even remotely true. They paused production in Shanghai on a few lines to upgrade them to the new Model 3 and Y. Brianna Wu is a permabear who pretends to be a journalist and spreads disinfo without verifying.
Yea, the predictions of someone driven by passion (in this case, a passionate dislike of Musk it appears) probably aren't great in general. But, below $100 seems reasonable - the stock could still be considered 'overpriced' in the current market (at least by P/E).
I'd go all in under $100 based on the the fact they are environmentally sound, selling everything they produce, have a waiting list of buyers and have some big potential future products such as teslabot if they get them right. Musk is only 1 out of tens of thousands of (Mostly American) workers that make up Tesla, this would mostly go away if they change the CEO or Musk stopped trying to be Jesus.
Re: Tesla stock falls again, toward longest losing streak in more than 4 years
#234Earlier quoted context omitted.
The expensive part is not the terminals, it is providing continuous reliable service in a hostile environment with a determined adversary.
These are satellite terminals, or are you suggesting that the Russians are threatening Starlink's satellites?
Of course, they are?
If Russia can hack SpaceX's systems and divert them to ensure they do not provide service over Ukraine, why wouldn't they? Or brick all terminals by sending a malicious update? Similarly, dealing with electromagnetic interference.
Thinking Russia is completely benign would be an incredibly naive take. Or simply blinded by Musk hate.
This experience has allowed them to launch "Starshield", but it definitely has not been cheap.
Re: Tesla stock falls again, toward longest losing streak in more than 4 years
#235Earlier quoted context omitted.
> > Its berfectly rational to trade speed for accuracy depending on the situation. Sure but at that point isn't it better to have a lottery to establish who gets to be POTUS instead of going through the motions of campaign expenses and constant media coverage just to shove down people's throats the idea that POTUS is much better and more qualified of a person than all the other citizens combined? > > One of those is…
>Sure but at that point isn't it better to have a lottery to establish who gets to be POTUS instead of going through the motions of campaign expenses and constant media coverage just to shove down people's throats the idea that POTUS is much better and more qualified of a person than all the other citizens combined? The point is to find a person that is qualified and represents the will of the people. Electing a pres…
Actually a lottery system would be way more representative. The chances of a wealthy politician being chosen by random lottery are pretty small.
A random person as president every term, that sounds like a better system to me, a person more likely in touch with the everyday problems and with far less political motivation. Plenty of reasons it wouldn't work like immediate corruption by companies wanting their own legislation by promising random person money and jobs after their term. Not necessarily worse than the corruption we have now. Interesting idea nonetheless.
Re: Tesla stock falls again, toward longest losing streak in more than 4 years
#236From 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…
What factories are they closing down?
They extended a week long Covid shutdown at the Shanghai by 8 days because of higher rates of covid among workers in China. It got spun into "shutting down factories because of lack of demand" by someone that's neither qualified in finance, nor in the car industry. Because they have an axe to grind.
It gets posted on HN and upvoted to the top because many HN folks hate Tesla and want to spread FUD about it.
Meanwhile, in reality, Tesla has been announcing plans to build a new Mexico plant.
Re: Tesla stock falls again, toward longest losing streak in more than 4 years
#237Earlier quoted context omitted.
These are satellite terminals, or are you suggesting that the Russians are threatening Starlink's satellites?
Of course, they are? If Russia can hack SpaceX's systems and divert them to ensure they do not provide service over Ukraine, why wouldn't they? Or brick all terminals by sending a malicious update? Similarly, dealing with electromagnetic interference. Thinking Russia is completely benign would be an incredibly naive take. Or simply blinded by Musk hate. This experience has allowed them to launch "Starshield", but it…
> If Russia can hack SpaceX's systems and divert them to ensure they do not provide service over Ukraine, why wouldn't they?
That didn't happen as far as I know.
> Or brick all terminals by sending a malicious update?
That didn't happen either.
> Similarly, dealing with electromagnetic interference.
For which there is no evidence at all, in fact the only reason Starlink ever suffered an outage was for reasons which had nothing to do with the Russians.
> Thinking Russia is completely benign would be an incredibly naive take. Or simply blinded by Musk hate.
No, I'm totally not thinking that Russia is 'completely benign', and I'm sure they'd love to do all of those things and more. But without any evidence that it is actually happening it is as far as I'm concerned fantasy.
> This experience has allowed them to launch "Starshield", but it definitely has not been cheap.
So what?
Really, I can't make heads or tails of your comment, that's probably on me though.
Re: Tesla stock falls again, toward longest losing streak in more than 4 years
#238Earlier quoted context omitted.
> EV manufacturer that's not supply constrained for the next decade Ok, since it didn't make the news, I'm completely on the dark here... but are you talking about the supply of lithium ? If so, I have some news to you about one of the most common metals on Earth's surface.
It's not just lithium and none of this is as simple as you imagine it to be.
So it is lithium.
If you don't tell what you want to say, I'm pretty comfortable to keep assuming the details are all wrong. And yes, it's a simple algorithm. Yet it seems to work quite well.
Re: Tesla stock falls again, toward longest losing streak in more than 4 years
#239Earlier quoted context omitted.
Of course, they are? If Russia can hack SpaceX's systems and divert them to ensure they do not provide service over Ukraine, why wouldn't they? Or brick all terminals by sending a malicious update? Similarly, dealing with electromagnetic interference. Thinking Russia is completely benign would be an incredibly naive take. Or simply blinded by Musk hate. This experience has allowed them to launch "Starshield", but it…
> If Russia can hack SpaceX's systems and divert them to ensure they do not provide service over Ukraine, why wouldn't they? That didn't happen as far as I know. > Or brick all terminals by sending a malicious update? That didn't happen either. > Similarly, dealing with electromagnetic interference. For which there is no evidence at all, in fact the only reason Starlink ever suffered an outage was for reasons which h…
Ehhhh..... Naive? My point was hypotheticals that Russia would like to achieve disconnected from the physical terminals.
This is the first result when searching for it.
> But Musk says it's been a difficult environment. "Starlink has resisted Russian cyberwar jamming & hacking attempts so far, but they're ramping up their efforts," he wrote(opens in new tab) on Twitter Tuesday (May 10).
> According to a Reuters report(opens in new tab), which Musk also shared, a coalition of countries have said that Russia backed a cyberattack against satellite internet systems that ultimately pulled tens of thousands of modems offline shortly after Russia invaded Ukraine Feb. 24.
> British Foreign Secretary Liz Truss said the attack against Viasat's KA-SAT network was "deliberate and malicious," Reuters stated(opens in new tab), and the Council of the European Union said the hack caused "indiscriminate communication outages" in Ukraine and several member states. The attacks were confirmed by the United States, Canada and Estonia, Reuters added.
https://www.space.com/starlink-russian-cyberattacks-ramp-up-...
Of course, there is an ongoing effort. Simply because it seems like they have not breached Starlink does not mean it has been cheap to ensure that.
Russia has, like all nations with power ambitions, a history of cyberwarfare.
Re: Tesla stock falls again, toward longest losing streak in more than 4 years
#240Earlier quoted context omitted.
> If Russia can hack SpaceX's systems and divert them to ensure they do not provide service over Ukraine, why wouldn't they? That didn't happen as far as I know. > Or brick all terminals by sending a malicious update? That didn't happen either. > Similarly, dealing with electromagnetic interference. For which there is no evidence at all, in fact the only reason Starlink ever suffered an outage was for reasons which h…
Ehhhh..... Naive? My point was hypotheticals that Russia would like to achieve disconnected from the physical terminals. This is the first result when searching for it. > But Musk says it's been a difficult environment. "Starlink has resisted Russian cyberwar jamming & hacking attempts so far, but they're ramping up their efforts," he wrote(opens in new tab) on Twitter Tuesday (May 10). > According to a Reuters repor…
None of that is news. What would be news would be a success but afaik they haven't managed to do so to date. All satellite operators face these challenges and none of them see that as an extra burden but basically the kind of thing that you should expect if and when you start operating this kind of service. Inmarsat terminals have a ton of tricks up their sleeve to deal with signal jamming and other attempts to interfere with the downlink/uplink.
If anything, SpaceX/Starlink has an easier time of it because their signal levels are much higher and the satellites can use phased arrays to pinpoint the receivers (in fact, they have to because they aren't geostationary and very low).