This note to self concept is really interesting. I have so many thoughts in my head that I can't turn them all into posts at that point in time, so I just record myself with the thought and post it. This is gonna blow up one day!
Tesla is really interesting right now. This last quarter and the signalling from Elon was really telling as to where they are going.
Can you imagine betting on the Robotaxi plan while having that much good talent leave? Trying to compete with a discounted vehicle against China? Trying to play favors with the CCP? Tesla is easily the biggest bubble on the stock market.
Tesla's chances of failure and lost lustre are very high now.
Firstly, buying and owning a Tesla was a prestige thing. People with money in places like Silicon Valley wanted to induce awe to those who saw them driving a futuristic car. The personality cult around Elon helped too. It was aspirational to own a Tesla, so people paid any price for it. The extrapolation of those dynamics with some serious salt and pepper on top meant Tesla touched that crazy valuation.
Now, with Elon's antics, competition from everyone else, failures in Elon/Tesla promises and Tesla being forced to reduce prices means = it is not longer prestigous to own a Tesla... Sales are collapsing, they will continue to.
Elon/Tesla need to promote this narrative that they are NOT a car company, else the stock will go to $1. Robotaxis and time travel machines are a petty kicking-the-can-down-the-road while the can is burning and the road is ending.
Tesla is indeed the SADDEST SIGHT of a company right now.
Never doubt Tesla. Look at the rebound last year when it dropped to $120 per share. This stock will explode once its auto-hailing ride share technology is activated.
This is great! I've been watching Tesla's stock closely.
This note to self concept is really interesting. I have so many thoughts in my head that I can't turn them all into posts at that point in time, so I just record myself with the thought and post it. This is gonna blow up one day!
Tesla is really interesting right now. This last quarter and the signalling from Elon was really telling as to where they are going.
Can you imagine betting on the Robotaxi plan while having that much good talent leave? Trying to compete with a discounted vehicle against China? Trying to play favors with the CCP? Tesla is easily the biggest bubble on the stock market.
Tesla's chances of failure and lost lustre are very high now.
Firstly, buying and owning a Tesla was a prestige thing. People with money in places like Silicon Valley wanted to induce awe to those who saw them driving a futuristic car. The personality cult around Elon helped too. It was aspirational to own a Tesla, so people paid any price for it. The extrapolation of those dynamics with some serious salt and pepper on top meant Tesla touched that crazy valuation.
Now, with Elon's antics, competition from everyone else, failures in Elon/Tesla promises and Tesla being forced to reduce prices means = it is not longer prestigous to own a Tesla... Sales are collapsing, they will continue to.
Elon/Tesla need to promote this narrative that they are NOT a car company, else the stock will go to $1. Robotaxis and time travel machines are a petty kicking-the-can-down-the-road while the can is burning and the road is ending.
Tesla is indeed the SADDEST SIGHT of a company right now.
Never doubt Tesla. Look at the rebound last year when it dropped to $120 per share. This stock will explode once its auto-hailing ride share technology is activated.
i chuckled
😂😂☺️