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Tesla Is Sitting on a Record 50k Unsold EVs
41–50 of 172 posts
Re: Tesla Is Sitting on a Record 50k Unsold EVs
#42Earlier quoted context omitted.
Obviously the oil spike, while not a relatively massive price hike historically, is clearly accelerating the pace of electrification, similarly to how COVID accelerated the use of zoom and other remote work platforms. But also similarly, it will probably be the case that gas is still used for some needs, just not nearly as many as today. People still do prefer their gas ranges, and its not as if natural gas is a grea…
Induction is better than gas in basically any way you can care to slice it, and natural gas in your home is actually quite bad for air quality. https://www.abc.net.au/news/2023-03-17/kitchen-pollutants-st...
I mean, if you are looking at unventilated kitchens, you are going to get bad values cooking. Pretty much period. Yes, by products of burning gas are bad. But by products of cooking are already bad. Ventilate your kitchen.
Re: Tesla Is Sitting on a Record 50k Unsold EVs
#43This is all so frustrating. Tesla could have easily been an American auto maker generational success story. Instead they’re working hard to undermine their own success, turn their brand toxic, and even design vehicles that are unappealing to key purchasing demographics (Cybertruck).
"They" is the wrong pronoun. Elon's pronoun is "he". HE's working hard to undermine HIS own success, turn HIS brand toxic, ...
The best pronoun joke, ever.
Re: Tesla Is Sitting on a Record 50k Unsold EVs
#44This is actually a good thing, since they're going to make Tesla a lot of money once they're self-driving.
Did you know that you can get a 50% off coupon for your next purchase from Tesla if you google the word "gullible"?
Re: Tesla Is Sitting on a Record 50k Unsold EVs
#45This is all so frustrating. Tesla could have easily been an American auto maker generational success story. Instead they’re working hard to undermine their own success, turn their brand toxic, and even design vehicles that are unappealing to key purchasing demographics (Cybertruck).
no worries, when things go hard and stock goes down they can count on Trump for a convenient war and oil crisis.
This war is going to push oil prices up, which means more EV sales. On top of that, make sure to sprinkle a bit of tariffs in order to block BYD.
Mhhh, makes sense.
Re: Tesla Is Sitting on a Record 50k Unsold EVs
#46Tesla has an P/E Ratio of 332 (in comparison, Apple has 31.3) - the stock price is not based on measurable numbers so I don't think that the unsold EVs will have any consequences for the valuation.
When reality finally sets in it will not be pretty.
Source: At the End of https://asymco.com/2026/03/31/melius-highlights-fcf-while-re...
Edit: typos
Re: Tesla Is Sitting on a Record 50k Unsold EVs
#47Earlier quoted context omitted.
Yes, Elon's trajectory has been absolutely unbelievable since 2019 or so. Talk about a guy who cratered his whole reputation. It's a shame.
What changed is he took the mask off. He was always the sleaze that he is today, but a lot of us were fooled into believing he wanted to do something good.
I don't agree after reading Walter Isaacson's excellent biography of Elon. It's deeply unfortunate that the book is already a few years old, I'd love and buy the hell out of a 2nd edition that is updated with the last few years.
Obviously it's always been latent in Elon, but he was a pretty bog standard lightly-if-apolitical silicon valley startup guy for most of his adult life. The free speech erosion under the Biden admin is what really started to "red pill" him and eventually led him off the cliff. It's a sad story really, but an important one because I think there are a lot of people in the same boat, and understandign them is important if we want to correct the trajectory of our country's ship. It's a damn hard problem though.
Re: Tesla Is Sitting on a Record 50k Unsold EVs
#48Re: Tesla Is Sitting on a Record 50k Unsold EVs
#49The figures quoted here are old, since EV sales have gotten a massive boost from spiking oil prices. The actual figures aren't out yet but anecdotal evidence at least in Australia suggests sales in March (across all brands, not just Tesla) doubled from February. That said, for Tesla this is only a bandaid, since they have absolutely nothing in the consumer pipeline beyond the current increasingly uncompetitive offeri…
You're saying a few weeks of high gas prices and a ton of people have gone out to buy overpriced tablets on wheels? I don't believe that.
Could be. People are not very logical and schools don't teach math anymore.
It is somewhat complex subject. Taking in account actual use, cost of fuel and maintenance and then comparing it to purchase price and depreciation is bit of a work. And I don't think too many people do that when they should.
Re: Tesla Is Sitting on a Record 50k Unsold EVs
#50Earlier quoted context omitted.
"They" is the wrong pronoun. Elon's pronoun is "he". HE's working hard to undermine HIS own success, turn HIS brand toxic, ...
The best pronoun joke, ever.
It could be, except it's not factually correct (and an element of truth is necesssary for good humor). GP was talking about Tesla, not about Elon. The correct pronoun for a company is surely "they"