Tesla is Crushing GM & Ford Financially

newtboysays...

So, they’re only $6 billion in the hole and are just getting competition from the big 3.
Where’s that Tesla truck?
Stock/corporate value dropped by over half in the last year.

Tesla is under multiple criminal investigations for self driving autopilot failures causing deaths….a main selling point that may be outlawed soon.

Tesla made more profit because they reinvested much less….multiple billions less. Not a good sign in an industry based on engineering advancements. Sounds like they know a hammer is coming and are going for maximizing short term profit at the expense of long term viability.
Their massive capitol expenditures were largely losses at their plants they can’t get to profitable production levels yet, like China, not building more gigafactories. If the highly automated factories (explaining the higher profit per employee despite fewer vehicles produced per employee) you have can’t get parts to make cars, making more factories would be stupid. GM and Ford are building newer highly automated factories, and have cut in line at Chinese chip manufacturers because they order more chips. Supply shortages continue to plague Tesla.


Sorry, Bob, your track record of investment advice is horrendous. You said go all in on Tesla at $400! You said buy more and hold onto it for the long term as it plunged to 135 and as you were selling yours. Now you claim Tesla is crushing GM and Ford while it’s still DEEP in debt and losing customers and not reinvesting in itself. Couldn’t be you’re lying for personal gain….could it?

siftbotsays...

Moving this video to bobknight33's personal queue. It failed to receive enough votes to get sifted up to the front page within 2 days.

newtboysays...

Oh snap!!
Tesla employees are claiming that, at least from 2019-2022 they and others routinely accessed and shared private videos from customer car cameras including captured nudes and sex, road rage incidents, speeding through neighborhoods, and footage inside homes and garages including inside Elon Musk’s garage…shared widely between employees for fun.
Of course, Elon/Tesla for years had insisted this COULD never happen and WOULD never happen. Another broken promise from Elon. This one a MASSIVE problem, requiring you to cover your car in a sound proof garage for any privacy.
This sounds like a major privacy issue for Tesla in America especially since the cameras record audio on private property which is usually a crime, and I can’t imagine what China is going to do. They might recall every Tesla in China as a national security risk.

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