So I'll admit up front I don't know a lot about investing, but I at least understand a decent amount about business fundamentals. What I can't understand is why Tesla's stock hasn't tanked yet. They're losing business across every sector they sell in, they're trying to hard pivot to robotics technology and they have the most vocal egocentric CEO constantly trying to extract personal value from the company. If I owned…
Tesla was once the most shorted company of all time. GameStop forced the system to adapt in ways that makes shorting harder to track. It's unclear how much of the old short positions (when Tesla was valued around $20bn) are still open. These facts imply some probable second order effects: - Big money trapped in short positions after Tesla was added to S&P 500 desperately needed people to sell Tesla shares so they cou…
Tesla Shareholders Approve Elon Musk's $1T Pay Package
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Re: Tesla Shareholders Approve Elon Musk's $1T Pay Package
#42Earlier quoted context omitted.
The competition argument is common. The counter point is that Tesla makes their products with greater efficiency. For instance no car company outside of China except Tesla makes a profit on EV sales. If Tesla lost as much money per car as Rivian, a model Y would be under 30k. Waymo cars are ~$200k each the new robocab will be closer to ~$20k to produce. These business advantages are why the market has some degree of…
Calling Tesla investors risk tolerant is overly kind. Waymo vehicles might cost a lot, but they work, and Waymo as a business is in commerce. Waymo's real competitors are two or three Chinese companies that currently have fewer vehicles on the road than Waymo, they all use a sensor suite comparable to that on the Waymo vehicles, and one reason why they can't scale as fast as Waymo is likely that they need a lot more…
As far as I can tell, they’re second to Waymo in trying to expand into additional territory.
No idea as far as ridership or safety though.
Re: Tesla Shareholders Approve Elon Musk's $1T Pay Package
#43Earlier quoted context omitted.
Calling Tesla investors risk tolerant is overly kind. Waymo vehicles might cost a lot, but they work, and Waymo as a business is in commerce. Waymo's real competitors are two or three Chinese companies that currently have fewer vehicles on the road than Waymo, they all use a sensor suite comparable to that on the Waymo vehicles, and one reason why they can't scale as fast as Waymo is likely that they need a lot more…
Can you show any supporting data that they’re in fifth place? As far as I can tell, they’re second to Waymo in trying to expand into additional territory. No idea as far as ridership or safety though.