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Tesla Cybertruck deliveries on hold as trims are flying off 'bulletproof' truck

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Re: Tesla Cybertruck deliveries on hold as trims are flying off 'bulletproof' truck

#241

Post by junon »

FirmwareBurner wrote: post #13
junon wrote: post #8

Earlier quoted context omitted.

There's no concept of "sick days" here in Germany like there is back in the US. You're either sick or you're not. If you're sick you don't go to work. If you're sick more than 3 days, you get a doctor's note. If you're stick more than a month or something (I forget the exact amount of time) then insurance takes over to help pay your wage so your employer isn't completely hosed. Ultimately, you're not penalized for be…

>If you're stick more than a month or something (I forget the exact amount of time) then insurance takes over to help pay your wage so your employer isn't completely hosed Doesn't employers being forced to paying wages to sick employees for 6 weeks take a toll on small businesses with little cashflow? >There's no concept of "sick days" here in Germany like there is back in the US. No, but sick days are still not work…

> Doesn't employers being forced to paying wages to sick employees for 6 weeks take a toll on small businesses with little cashflow?

Insurance kicks in and pays after 6 weeks (not a month, another comment corrected me). It's also part of the expectation when you hire. It's a problem sometimes, yes, but everyone - even employers - benefits from it.

> Sick days are a thing, just not like in the US, but they're still sick days, and not working days.

There is no federal law in the U.S. that mandates paid sick leave for employees; however, the Family and Medical Leave Act (FMLA) allows eligible employees to take up to 12 weeks of unpaid leave for certain medical situations. Federal employees are entitled to 13 paid sick days per year.

> Is there a health crisis in Germany causing Germans to be twice as sick as their neighbors?

No. People get sick. There's an obesity and mental crisis in the US, too, whether it's comfortable or not for someone to acknowledge.

Re: Tesla Cybertruck deliveries on hold as trims are flying off 'bulletproof' truck

#242

Post by junon »

iszomer wrote: post #25
mschild wrote: post #12

Earlier quoted context omitted.

> more than a month or something 6 weeks. > But your employer can still check that you're actually sick. Within limits, yes. Tesla in Germany went way beyond that though. Private detectives and managers showing up at employees houses to check they're actually sick. They're also holding back the salaries of sick employees and are pressuring sick employees to give up their medical privilege and share personal health in…

I imagine Tesla has to follow the rules and regulations in accordance with German law, the same as Tesla's division in China.

They probably didn't. Hiring a private investigator to look into your employees' health breaks several laws.

Re: Tesla Cybertruck deliveries on hold as trims are flying off 'bulletproof' truck

#243

Post by oblio »

enslavedrobot wrote: post #234
oblio wrote: post #228

Earlier quoted context omitted.

LOL. That's a generic description of the energy transition. It's not like the rest of the world is blind. Chinese companies are the champions of battery and solar panel manufacturing. Every major economy has major electric car manufacturers, China is ahead of everyone. Tesla's batteries are made in collaboration with LG Chem and someone else, I forgot who exactly. Your point is that you're expecting Tesla to monopoli…

It's a description of Tesla's future business direction and a metric against which you can value the company. That's how you make meaningful models and value a business. P/E is meaningful only in context. Buying stocks based on PE is a very good way to lose money.

And my point is that even with "their future business direction", their valuation makes no sense.

Re: Tesla Cybertruck deliveries on hold as trims are flying off 'bulletproof' truck

#244

Post by jqpabc123 »

ahahahahah wrote: post #231
jqpabc123 wrote: post #170

Earlier quoted context omitted.

Tesla is outrageously overpriced as an auto manufacturer. Most other manufacturers currently have a P/E ratio around 10. Tesla is around 120. Yes, you read that right --- about 12X higher than the competition. To justify it's current valuation, Tesla would have to capture a majority of the global market and become the world's most popular car brand. It currently has around 12% of the global market. In my opinion, wha…

TIL 1.79million / 74.6million = 12%. I'd always thought it was more like 2.5%.

Yes, you are correct.

Which only further enhances the overall point, there is no reasonable auto marketplace data (actual or even projected) to support the current valuation.

The "Magnificent 7" should really only be 6 with Tesla being the odd one out.

Some of the reports on it from stock market "analysts" are almost comical and often rely on an appeal to tradition --- it's always been this way. Exactly the sort of nonsense cold hard "analysis" is supposed to cut through.

It's as if there is some significant pressure to emotionally support the big investors that are heavily bought in.

Re: Tesla Cybertruck deliveries on hold as trims are flying off 'bulletproof' truck

#245

Post by [deleted] »

Gud wrote: post #193
joakleaf wrote: post #183

Earlier quoted context omitted.

The thing is that Tesla isn't priced as car marker, and hasn't been for a long time. People still also talk about Tesla as an AI-company, robot-inventor, battery and solar cell producer, and potential ride-hailing company. Like you, I don't think it makes sense, but apparently the market sees it differently. And until that perception changes, I don't think the valuation will drop to less than half.

I believe the perception has changed and is why the share price is now slowly, and soon rapidly, going down.

[deleted]

Re: Tesla Cybertruck deliveries on hold as trims are flying off 'bulletproof' truck

#246

Post by jqpabc123 »

h2zizzle wrote: post #226
jqpabc123 wrote: post #190

Earlier quoted context omitted.

The thing is that Tesla isn't priced as car marker, and hasn't been for a long time. The thing is that 90 percent of their revenue is from auto sales. https://stockdividendscreener.com/auto-manufacturers/tesla-q... Meanwhile, the majority of their stock price is pure hype.

Not exactly. Word on the street is that Tesla stock was heavily short-sold at one time, as it was expected to be headed for bankruptcy. When it turned out to not be headed for bankruptcy, those who had shorted were forced to either close their positions (raising the stock price as their demand hit for shares hit the market) or cover (pay to keep their short agreements going) for an extended period of time. But it was…

"financial/securities shenanigans" = Pure hype

Re: Tesla Cybertruck deliveries on hold as trims are flying off 'bulletproof' truck

#247

Post by h2zizzle »

jqpabc123 wrote: post #246
h2zizzle wrote: post #226

Earlier quoted context omitted.

Not exactly. Word on the street is that Tesla stock was heavily short-sold at one time, as it was expected to be headed for bankruptcy. When it turned out to not be headed for bankruptcy, those who had shorted were forced to either close their positions (raising the stock price as their demand hit for shares hit the market) or cover (pay to keep their short agreements going) for an extended period of time. But it was…

"financial/securities shenanigans" = Pure hype

No, they're quasi-legal positions, often between private parties and undisclosed to the public, whose stipulations require further positioning that can move markets in unexpected and unexplainable ways. Hype is emotional, this is reason, albeit flawed because of incomplete information. Tesla shorts reasoned that an electric car company, a sector segment that has never been successful, was doomed; they short-sold the stock expecting never to have to close their positions, as bankruptcy would result in cancellation of Tesla's shares. That didn't happen; they didn't understand that there was a demand for the kind of vehicle Tesla sold, how much money Musk was willing to pour into the company to keep it afloat, etc. So the price rise would be a result of reconciling their bad bet with the market.

Re: Tesla Cybertruck deliveries on hold as trims are flying off 'bulletproof' truck

#248

Post by FirmwareBurner »

junon wrote: post #241
FirmwareBurner wrote: post #13

Earlier quoted context omitted.

>If you're stick more than a month or something (I forget the exact amount of time) then insurance takes over to help pay your wage so your employer isn't completely hosed Doesn't employers being forced to paying wages to sick employees for 6 weeks take a toll on small businesses with little cashflow? >There's no concept of "sick days" here in Germany like there is back in the US. No, but sick days are still not work…

> Doesn't employers being forced to paying wages to sick employees for 6 weeks take a toll on small businesses with little cashflow? Insurance kicks in and pays after 6 weeks (not a month, another comment corrected me). It's also part of the expectation when you hire. It's a problem sometimes, yes, but everyone - even employers - benefits from it. > Sick days are a thing, just not like in the US, but they're still si…

Why are you brining in the US when I was asking about Germany? I don't care about the US since I don't live there.

>No. People get sick.

But why a lot more than the rest of Europe? That's what you didn't answer. If you'd get sick twice as much than average your doctor would probably do some extra test on you.

Re: Tesla Cybertruck deliveries on hold as trims are flying off 'bulletproof' truck

#249

Post by LinuxBender »

chneu wrote: post #237
LinuxBender wrote: post #201

Earlier quoted context omitted.

Absolutely. He trolled the general aviation crowd pretty hard. He also does some good once in a while like getting the cops to leave a high-school kid alone. [1] People may not like his style but I would like to see him troll more communities. Too many people take themselves way too serious in my opinion. [1] - https://www.youtube.com/watch?v=z7uzYsRbukw [video][18 mins]

eh, he's a pretty garbage person with a long list of sidekicks who have done crappy things. Sticking up for some kids for likes on youtube doesn't negate his long list of crappy actions.

True and I would not be surprised if some day one of his crew members gets hurt from all the dumb stunts they pull. Stunt people get hurt and these are not even seasoned stunt people, just random friends and orbiters. All that said I still want to see everything tested by him.
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