The Guerrilla Marketing Campaign Against Elon Musk As Teslaâs profits drop, a group called Everyone Hates Elon is going viral for plastering London with fake advertisements for the company, infiltrating a car showroom, and inviting the public to trash a Model S.
You're right, but that sort of logical thinking very early on has come at a pretty high price (personally... thought the early insanity in the late teens was too much ).
FWIW... Elon would likely never compare Toyota and Tesla. He's gonna ignore the hardware, and jump right to robotics, automation, AI and software. The call the other day focused on the robot army coming to take the manufacturing jobs that are coming back to the US. MAGA baby!
He actually has a point there. There is a lot of technology that can be leveraged out and used in different areas under license. That is a valid are reasonable model - Tesla itself (when they were a company prior to musk declaring himself a 'founder') used a platform licensed from Lotus. It probably does help their valuation, but there is no justification for a 110 P/E unless you think that nearly all 4 wheel transportation would shift to a tesla platform in the future. The robots, so far, are slightly less autonomous than his cars. He's a hype machine (not necessarily a bad thing), we'll see what the future really brings.
Tesla is a meme stock. The price is not supported by any 'normal' metric of valuation. The P/E is over 100 still and the price is half what it was a month ago. Meanwhile, Toyota makes money, makes a lot of hybrids, makes progress on their autonomous driving (without accidents), and has a P/E of 7.
You're right, but that sort of logical thinking very early on has come at a pretty high price (personally... thought the early insanity in the late teens was too much ).
FWIW... Elon would likely never compare Toyota and Tesla. He's gonna ignore the hardware, and jump right to robotics, automation, AI and software. The call the other day focused on the robot army coming to take the manufacturing jobs that are coming back to the US. MAGA baby!
I saw comments that people have bought into the idea that the company is now focused on Robots and other "non-car" things. I wouldn't be surprised if he has his AI company merge with Tesla to use the veil of AI as protection against his cars.
This was an interesting new scandal, which doesn't surprise anyone....
How to turn your 50k warranty into a 40k warranty without even trying.
Tesla is a meme stock. The price is not supported by any 'normal' metric of valuation. The P/E is over 100 still and the price is half what it was a month ago. Meanwhile, Toyota makes money, makes a lot of hybrids, makes progress on their autonomous driving (without accidents), and has a P/E of 7.
Q1 earnings are out. They are bad. 400M$ in operating income, 595M$ in regulatory credits. Profits down, sales down, and we haven't yet seen the full impact of him pissing off a good portion of his customer base. Also, for all the newly minted fans that love a rugged individualist pulling himself up by his bootstraps, that regulatory credit number is government subsidies. If not for tax money directed his way, they would have negative revenue.
Somewhere way back in this thread there are people calling him a business genius and saying 'just wait, you'll see'.
So the stock is up 6% today.
I saw comments that people have bought into the idea that the company is now focused on Robots and other "non-car" things. I wouldn't be surprised if he has his AI company merge with Tesla to use the veil of AI as protection against his cars.
This was an interesting new scandal, which doesn't surprise anyone....
Q1 earnings are out. They are bad. 400M$ in operating income, 595M$ in regulatory credits. Profits down, sales down, and we haven't yet seen the full impact of him pissing off a good portion of his customer base. Also, for all the newly minted fans that love a rugged individualist pulling himself up by his bootstraps, that regulatory credit number is government subsidies. If not for tax money directed his way, they would have negative revenue.
Somewhere way back in this thread there are people calling him a business genius and saying 'just wait, you'll see'.
Something circulated among tech bros many years ago and they all started doing it as a conscious thing to signal dominance . I think it's also a thing in the 'alpha male' crowd. Now I see it everywhere and I think it really sends a different signal.
Something circulated among tech bros many years ago and they all started doing it as a conscious thing to signal dominance . I think it's also a thing in the 'alpha male' crowd. Now I see it everywhere and I think it really sends a different signal.
Enjoying the irony of Truck-drivin' Real 'Muricans (who used to blockade Tesla charging stations and roll coal at Teslas on the road) circling the wagons around a Tesla dealership to "defend" it. And not a single electric vehicle among them.
Can't think of a better way to keep customers from actually visiting to buy a car, btw.
< Squinting to see if it's an onion headline or not >
Enjoying the irony of Truck-drivin' Real 'Muricans (who used to blockade Tesla charging stations and roll coal at Teslas on the road) circling the wagons around a Tesla dealership to "defend" it. And not a single electric vehicle among them.
Can't think of a better way to keep customers from actually visiting to buy a car, btw.
