Clearly better than you, as I don’t just make up numbers or ignore losses of 1/8 the value and pretend they never happened. Also I seem to know what Elon has stated as his plans for the business better than you, I knew he plans to fire 10% across the board while you are convinced he’s going to expand.

Cherry picking?! You said down from its high this year, I went from Jan 3, it’s high this year, to yesterday’s close. Now you call that cherry-picking?
It’s not about a date , dummy, it’s about it’s high for the year, the point YOU picked. WTF is wrong with you?

If chicken was overpriced by 7 times but other meats aren’t, and then chicken dropped by 20%, it’s still a TERRIBLE buy. Same with Tesla, but chicken isn’t also priced based on how nutty Foghorn Leghorn acts, Tesla is, and Elon is acting CRAZY. I’m somewhat surprised you stick with him, Trump has totally abandoned him and now says Tesla is a terrible investment. Even if you stick it out, lots who listen to Trump are getting out. That’s going to hurt for a while. Another self inflicted wound.

Yeah, sure buddy. Just keep telling yourself that. Tesla is dropping off a cliff, unlike other car companies, and it’s all Biden’s fault (only the losses, not the gains). Tesla’s losses are self inflicted, and there’s more to come.

Growth is good, but you must ignore that it was so insanely overpriced that it really doesn’t matter, the price is not tied to any growth or income, it’s pure speculation…PE still 110. A decent PE is below 20.
Record capacity….but it’s never been close to full capacity so that’s meaningless. It’s still stymied by chip availability, battery availability, and parts availability for their battery factories so they can’t even make their new batteries their new car models require, and Tesla isn’t first in line for chips, Ford and Chevy are. If you could only produce 100 cars a month and now you made 103…that’s record production, but still failing miserably.

https://www.reuters.com/business/autos-transportation/musk-says-teslas-new-car-factories-losing-billions-dollars-2022-06-22/

Edit: Not a good sign that cybertruck and the electric semi truck are now delayed indefinitely. Ford is going to beat Tesla to the pickup truck market with a truck that doesn’t look like a bad 80’s sci-fi movie prop. If major semi manufacturers do the same, and manage to solve the weight limit issue two expensive product lines will totally fail. Elon is clear, neither will be released this year, next year is a maybe at best….but as designed they aren’t competitive with diesel trucks for range or load capacity.


Yeah, sure, everybody else is hurting Tesla to hurt YOU. It’s not slumping because it’s in financial straights, can’t produce cars anywhere near full capacity (or at a profit yet?), is burning through BILLIONS every month, and has an owner that clearly doesn’t care one whit about tanking the stock with impulse moves like offering $45 billion for a company not worth $20 billion.
I don’t let politics control my investments….and mine have not lost 32% this year, you have (and you pretend it’s only 20% because you lie even to yourself).

Again, if it grows 50% (and I don’t think Tesla has btw) but is overpriced by over 10 times (it was in Jan) it needs to keep it up for 20 years with no stock increase to break even and actually be worth the price. Any stock with a PE over 100 is horrific.

You claimed down 20% this year, then blew up when I showed it’s actually down 32% and massively overpriced. Why on earth would anyone take advice from someone so dishonest with even the values? Especially someone so divorced from reality as you?

Tesla is losing subsidies, can’t produce at profitable levels,and SAID they’re downsizing by 10%.
Yes, the EV vehicle category is due to explode, but Tesla is at full capacity (as much as they’re capable, not full factory capacity) and is about to get MASSIVE competition from the big 3, with insanely more production capacity, better supply chains, and subsidies they haven’t burned through yet. Tesla can’t keep up with demand, but they’re nearly the only game in town….but not for long. Expect demand for Teslas to plummet when electric Mustangs, Corvettes, SUVs, pickup trucks, etc start rolling off the lines in big numbers later this year, EV’s that are on par with Teslas (or better) and that customers don’t have to wait a full year for delivery…there have been multiple times recently when Elon said he would stop taking orders because he can’t produce them.

We had an apple in the home by ‘80, and stock soon after. They weren’t at a PE over 100. They also were doing terribly before they gambled on the cell phone industry. Derp.

There’s a reason you think I know everything….I can read. When there’s a topic I’m ignorant about, I read about it, and don’t just look at one source. I try to get multiple different opinions, the facts, and history of any topic, then reply. You listen to admitted liars and nut jobs Alex Jones or Beck and think you know it all. Lol. Such a silly, constantly projecting little boy you are.

Really….it’s certainly something to Tesla. Yes, I want him to be held to the contract he signed. Yes, it will hurt Tesla more than the $1 billion drop in assets for NOTHING, because it’s an undeniable example of Elon’s recklessness and poor business sense. I don’t care one whit if he buys or not, I want him to follow the contract he signed. If he does buy, though, it might end Tesla. $45 billion from its coffers (for assets worth well under $20 billion) would be a death nail.

MSNBC agrees with me? News to me. I come to my own decisions, little boy. I don’t need them spoon fed to me, and I understand why I invest as I do. I made money this year, did you?
(I know, if you’re honest about being all in on Tesla, you lost massively, 1/3 of your portfolio in 6 months, and you still think you’ve got it all right, you know everything there is to know about investing, so much you spend lots of time being an unpaid salesman for Tesla, a stock that’s losing money hand over fist and is overpriced by at least 6 times according to professionals).

I’m one gullible dude?!? I AM!?! Er mer gerd, that’s some serious hard core projection (and a little tissy fit).
ROTFLMFAHS!!!

Your comments are uninformed.

Billions in losses at every factory may or may not be temporary, but it’s still billions in losses. The company’s value is based on pure speculation, not any semblance of profitability. As he downsizes, new much larger manufacturing lines are coming online from his competitors. He can’t get to 70% capacity to even break even because he can’t get chips, unlike his competitors. If investors become disillusioned, he goes broke and his company goes bankrupt.

Hiring!?! I guess you didn’t get the memo, they are downsizing by 10% across the board according to Elon, with more to come, because he expects sales to drop precipitously when his predicted depression occurs next year. (And because his other side projects aren’t generating cash flow he can pump into Tesla)

You have any other observations to have debunked?

Please enlighten us with your wisdom.

Your comments are uninformed.

A new factory does not become profitable until your up around the 70% full production capacity. Berlin and Texas just opened and putting out about 1000/week. This need to get to about 15000/week.

FOX news bitching about salaried layoffs -- And your point is what?

However, Tesla is hiring hundreds of factory floor employees.


You have any other observations to share?

Please enlighten me with your wisdom.

I'd be doing weird promotion if I were you too, given:

New Tesla factories losing billions of dollars, Musk says https://www.bbc.com/news/business-61905276

Fox Hosts Slam Elon Musk Over Tesla Layoff Comment, Twitter Dealings
https://www.newsweek.com/fox-hosts-slam-elon-musk-over-tesla-layoff-comment-twitter-dealings-1713226

Elon Musk: Tesla plants in Austin and Germany are losing ‘billions of dollars’ https://www.dallasnews.com/business/autos/2022/06/22/elon-musk-tesla-plants-in-austin-and-germany-are-losing-billions-of-dollars/


You really got it all figured out @bobknight33

It dropped precipitously because Elon was buying Twitter and would have to sell billions of stock to pay for it, just to name one self inflicted wound. The economic state should benefit Tesla, as you say, with gas at $5 and rising, ev’s are in high demand.

Gas in Canada is $6.75 US. UK is $5.75 in usd. Europe is around $5.25. But sure, it’s all Biden’s fault. Meanwhile my Exon, BP, and energy mutual funds are reporting record profits….but there’s no correlation. Hmmm.

I guess you didn’t hear Elon decided to cut his workforce by 10% anticipating a slump in sales. Elon doesn’t share your optimism.

Isn’t his major production hurdle a worldwide chip shortage, which he can do nothing about? Not sure how he’s going to ramp up production without more chips.

China isn’t the only economy in trouble….where is this unsold production supposed to go? Europe?…in trouble. US?… looking like we’re in trouble and a logistics nightmare. How much does shipping add to the price too? $5k? More?

All car manufacturers raised prices multiple times last year significantly, they all have a shortage of chips. I think it’s more likely he raised prices because he could without slowing down sales, not in order to slow sales.

Granted, ev’s are in high demand, but the big 3 are ramping up production and will outbuild Tesla in short order, as are European and Asian companies. He’s done great without competition, but some real competition is coming. The electric F150 is going to produce around 15000 this year with over 120000 (edit now 200000) reservations. They built a billion dollar factory for it alone, it will be the best selling full sized ev truck as soon as production starts. They also won’t have a chip constraint because they can take them from their huge f-150 supplies to meet production estimates.

If you want Tesla stock it’s not the worst time to invest, that was last November, but I certainly wouldn’t go all in. The PE ratio is still near 100….GAWD AWFUL. That’s called a speculative bubble….they pop. Ask Twitter.


Sorry about your dad. Mine died when I was 21. It’s never easy.

I respectively disagree.

This is the buy of the year. 40% off from its high. Not from anything Tesla has done ( or not done) but from the economic state America is going through.

I don't think this will turn around till our leadership changes in 2024


Since last qtr 2021 Tesla opened 2 Giga Factories Texas and in Germany. They are ramping up and will get full speed in 2 years. This year expect 200 thousand from these as they ramp.

Giga Shanghai was shut down and lost 50, 000 vehicles of production. They reopened fully 2 weeks ago . China economy is taking a big hit. But what isn't sold will be ship and sold elsewhere.


2022 yearly estimate production is still about 1.5 M vehicles for the year.

Wait time from order to delivery is average 7 months. Tesla increase their prices 8 times last year to keep this 7 months from getting worse.

Demand out strips supply.


Gas at 5$/gal isn't helping the ICE vehicles at all and will push EV demand even higher.


Like I said

This is the buy of the year. 40% off from its high.
Also looks like a stock split of 3 to 1 is coming. This does nothing but make it cheaper for those who would like to enter this. One can do so at a lower, affordable price point.



Buy and hold



Buy 10 shares and hold for 5 o 10 years.





FYI.
My dad passed away last month on the 28th. I've been out of work tending to him and now settling the estate.

Rich people do pay their fair share. Its called Lobbying, in return, they pay a fraction of the tax RATE (as a %) of us working-class pay.

These rich people are so poor, they go to the governments to gain tax exemptions for variety of things like land, building, power to build their HQ/factory or what have you to subsidize their billions & trillions.

But Eileen Gu is the classic American Capitalist. She follows where the (sponsorship) money is. Expert at her sport AND doublespeak. She's living her American Dream!

It's not kowtowing to China. It's just "smart business" if you take off that racist lens.

If Walmart is so patriotic, then they can stop sourcing from China.

If the American Auto Industry is so patriotic, they can stop buying their parts from China.

If Corporate America is so patritotic, they can stop opening up factories in China.

China's not forcing shit on America. It's America that love lapping up the cheapest shit they can find in China and beyond. Corporate America is not willing to pay a fair wage in America, they're even less willing to pay of living wage anywhere else, many forcing a "996" work schedule on staff (https://www.npr.org/2021/08/30/1032458104/12-hour-6-day-996-work-schedule-illegal-china-deaths-tech-industry).

"China"... it's an American addiction. Not the other way around.

Competition? Seriously what competition is there?

2 things are clear
Clearly your anti Tesla.
Clearly you truly dont know much about the EV market.

Tesla is dominating the EV space.
Tesla has 8 quarters of growth.
Growing roughly 20% per quarter and about 70% YoY
2021 seen 84% growth in car sales.
Demand is a 6 month wait.
Tesla has sold 930K vehicles in 2021.
2022 Fremont and shanghai will make 1.2Mvehicles alone.
Giga TX and Berlin coming on line soon should add 500K vehicles.

Ford / GM do not have the capitol to make EV and ICE.
Layers of management and union demands will keep from a rapid necessary to EV.
Ford / GM have each have over 100 Billion in debt
Factory closing and chip shortages causing more Ford /GM losses
Ford / GM probably go under unless bailed out.
Ford/ Gm lost sales and Tesla grew sales.

Toyota also dragging their feet.
VW is the only company seems to be moving to EV in a substantial manor.


As you say high demand / low supply is some how bad. This is good place to be. Its a supply issue . Tesla is addressing that.

Saying Tesla doesn't pay taxes. false argument. Every company pays their taxes. If you don't like the amount then that's a government tax policy issue.

FSD is still in beta form. It is not a final product. It is pretty fuckign good as is.


Elon being pro corporate anti tax is what you would expect.
Im sure Apple, Facebook, Google are all in this same camp.
Far right? I dont know about that.

was gonna post this...

https://www.youtube.com/watch?v=P5DEGa0_AAo

...but thought it was appropriate in the discussion.

it's a public safety issue. easy to see if one looks at the actual reality of the situation.

Here are a few of the values listed in the Denver Police Department Operations Manual*...

- Integrity: Faithful performance of our duties and always doing the right thing for the right reason
- Accountability: Demonstrating responsibility in all activities
- Respect: Treating others as we would like to be treated
- Customer Service: Exceeding our customers’ expectations

... so if they ask employees in retail to wear masks, factory workers for drug tests, or a hairdresser to pass hygiene training - it's not a stretch to ask a cop to get a vaccine. their own handbook calls for getting vaccinated.

again, public safety.


Can y̲o̲u̲ respect that?


* http://kpm106.com/LEO/LeoDocs/04-15book.pdf

Climate denier logic: Silicon Valley will fix everything! (Years later) Why are all the Tesla factories and half the coastal cities submerged!!? WTFOMGMAGA!!!

Trying to fix/mitigate future disasters is not playing to "FEAR!!!!!", it's common sense to have humanity exist on this Earth for the long haul. Head-in-the-sand syndrome, a bunch of Tesla stocks isn't solving anything for the grandchildrens.

while the dismantling seems problematic, 1 hour is nothing when messing with body panels. I'm impressed.

but any car battery can die when left undriven and other cars don't have trickle charger ports installed from factory, you have to add those yourself. (and should)

Hey boys and girls, just like a factory farm.