And still trading at a p/e of 180+. Anyone able to offer an explanation?
It's just a meme stock at this point. The price never reflects the fundamentals or future value. It's basically bitcoin at this point.
Tesla's Global Vehicle Deliveries Plunged in Second Quarter
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Re: Tesla's Global Vehicle Deliveries Plunged in Second Quarter
#12The funny thing is that people had to come to the absolute conclusion that Elon is a piece of shit to finally stop buying his shitty cars. Both things have been obvious for a very long time. Better late than never.
Model Y Juniper owner here. Best car I’ve ever owned. Tons of storage. I can keep it cool at the softball field for my dog for hours. Drives great. Reliable. Don’t miss the gas station one bit. Well built with no panel gap issues.
Totally respect your opinion, but you’re positioning your opinion a bit too much like objective fact.
Re: Tesla's Global Vehicle Deliveries Plunged in Second Quarter
#13Re: Tesla's Global Vehicle Deliveries Plunged in Second Quarter
#14Giving the middle finger to the people that helped build your brand probably isn’t a great way to inspire repeat customers, especially with so many compelling apolitical alternatives.
Re: Tesla's Global Vehicle Deliveries Plunged in Second Quarter
#15I'm ready to buy a second one, to replace an older vehicle, but I will get a used one this time.
I just wonder why would anyone buy something from a company that has a ceo like that one. Care to tell your experience with that first one?
Re: Tesla's Global Vehicle Deliveries Plunged in Second Quarter
#16The funny thing is that people had to come to the absolute conclusion that Elon is a piece of shit to finally stop buying his shitty cars. Both things have been obvious for a very long time. Better late than never.
Model Y Juniper owner here. Best car I’ve ever owned. Tons of storage. I can keep it cool at the softball field for my dog for hours. Drives great. Reliable. Don’t miss the gas station one bit. Well built with no panel gap issues. Totally respect your opinion, but you’re positioning your opinion a bit too much like objective fact.
I think that car is ugly as fuck.
Enough subjectivity for you?
Re: Tesla's Global Vehicle Deliveries Plunged in Second Quarter
#17And still trading at a p/e of 180+. Anyone able to offer an explanation?
The stock market is glorified gambling, and only happens to be related to company fundamentals sometimes.
Re: Tesla's Global Vehicle Deliveries Plunged in Second Quarter
#18The funny thing is that people had to come to the absolute conclusion that Elon is a piece of shit to finally stop buying his shitty cars. Both things have been obvious for a very long time. Better late than never.
What is wrong with Elon? All I've seen are hit pieces peddling misinformation.
If we were to look at this critically, I think Tesla just misplayed the market after covid. Their cars are too expensive and too premium, which is what people wanted during covid but as the market becomes more competitive people are looking for more affordable options
Re: Tesla's Global Vehicle Deliveries Plunged in Second Quarter
#19And still trading at a p/e of 180+. Anyone able to offer an explanation?
As far as I can tell, people are expecting a pivot into AI/robotics being major revenue drivers.
Re: Tesla's Global Vehicle Deliveries Plunged in Second Quarter
#20It's worse than that. Two years of declining sales at Tesla.[1] Mostly for ordinary car manufacturer reasons. Tesla hasn't had a new model in years other than the Cybertruck, which was a dud. Prices are still too high.
Electric cars still cost more than gas cars in the US. This seems to be a US-only problem. Electric cars are doing fine in the rest of the world. A majority of new cars in China are electric.
Here's the BYD Dolphin Surf. Costs US$11,000 in Europe.[2] It's apparently a fairly good car. BYD has a whole range of cars, from super-cheap subcompact to supercar. BYD sold over 4 million cars in 2024. Tesla was around 1.7 million and dropping.
[1] https://techcrunch.com/2025/07/02/tesla-faces-second-straigh...
[2] https://electrek.co/2025/06/30/byd-adds-range-to-most-afford...