Akin to the Rust Evangelism Stike Force and the Julia evangelism force I expect no less than the Tesla haters to be here soon telling us that Autopilot is crap and they should use LIDAR etc. and that Tesla will inevitably fail because of this and several other standard responses.. gets the popcorn
Tesla's stock just hit a record $420
11–20 of 102 posts
Re: Tesla's stock just hit a record $420
#12The stock is blazing!
Weed jokes aside, the market has finally caught up to the fact that Tesla is years ahead of their competitors. I bought my Model 3 18 months ago and it felt like buying a car from the future. I think my feeling was correct.
2019 saw a number of serious competitors (Audi, MB, VW, Porche) release their first EVs and they've all been somewhat disappointing. Very solid first releases taken in isolation, but the market expectations were that the "Big Boys" were coming in and were going to wipe the floor with Tesla. Turns out they couldn't, Tesla's head start is real and consequential.
If you go out and actually try to put down $40-50k on a car and judge all EVs on a collection of attributes (range, efficiency, safety, charging options, tech, etc) Tesla clearly stands out. It's tough to convince yourself to put down a nearly-equivalent amount of hard-earned money for another brand, so it is no coincidence that they outsell other EVs by a very wide margin.
Re: Tesla's stock just hit a record $420
#13Re: Tesla's stock just hit a record $420
#14Akin to the Rust Evangelism Stike Force and the Julia evangelism force I expect no less than the Tesla haters to be here soon telling us that Autopilot is crap and they should use LIDAR etc. and that Tesla will inevitably fail because of this and several other standard responses.. gets the popcorn
A bit early for strawmanning isnt it?
Re: Tesla's stock just hit a record $420
#15Besides all the funding secured and pot jokes, can anyone explain what has happened to this stock recently? Over the last two months it has gone up roughly 30% after already having a big immediate jump after the last earnings. Is this mostly related to long term shorts finally closing their positions in the wake of those earnings? Or was there some big Tesla news that I missed that changed the perception of the company's financial position?
Re: Tesla's stock just hit a record $420
#16Akin to the Rust Evangelism Stike Force and the Julia evangelism force I expect no less than the Tesla haters to be here soon telling us that Autopilot is crap and they should use LIDAR etc. and that Tesla will inevitably fail because of this and several other standard responses.. gets the popcorn
I do think that they will need LIDAR to achieve the level of autonomy they advertise will be available. That being said, that does by no means mean the demise of Tesla. Even if they fail delivering autonomy promises with the current gen of hw, they could still deliver a solid vehicle.
Re: Tesla's stock just hit a record $420
#17 Funding secured.
Re: Tesla's stock just hit a record $420
#18Besides all the funding secured and pot jokes, can anyone explain what has happened to this stock recently? Over the last two months it has gone up roughly 30% after already having a big immediate jump after the last earnings. Is this mostly related to long term shorts finally closing their positions in the wake of those earnings? Or was there some big Tesla news that I missed that changed the perception of the compa…
Musk was able to get funding in China for the Gigafactory there. That's my best guess
https://techcrunch.com/2019/12/23/tesla-lands-1-4-billion-fr...
Re: Tesla's stock just hit a record $420
#19Akin to the Rust Evangelism Stike Force and the Julia evangelism force I expect no less than the Tesla haters to be here soon telling us that Autopilot is crap and they should use LIDAR etc. and that Tesla will inevitably fail because of this and several other standard responses.. gets the popcorn
You forgot about how ugly the CyberTruck is, and why would anyone buy such a monstrosity.
That being said, HN is not so bad towards Tesla. The real haters are at FT (Financial Times). It's hard to tell what they hate more, Tesla or Bitcoin.
Re: Tesla's stock just hit a record $420
#20The stock is blazing! Weed jokes aside, the market has finally caught up to the fact that Tesla is years ahead of their competitors. I bought my Model 3 18 months ago and it felt like buying a car from the future. I think my feeling was correct. 2019 saw a number of serious competitors (Audi, MB, VW, Porche) release their first EVs and they've all been somewhat disappointing. Very solid first releases taken in isolat…
> the market has finally caught up to the fact that Tesla is years ahead of their competitors.
Incorrect. The stock value is being pushed up by:
1. Unexpected quarterly profits in October;
2. Tesla planning to open a new factory in China and securing a 1.4 Billion dollar loan to do so;
3. Apparent strong interest in the Cybertruck and the impending announcement of the Model Y;
4. USA and China are easing the trade war, which is pushing the whole stock market up (there have been "records" left and right in the past few days).
But the big one is number 2. Tesla moving into China means that they can tap into the humongous Chinese market.