I forgot to add that elon will bail it out! Yeah, right!
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Average: 5(3 votes)
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GKhan (Old Spike)
Did you post this just because I haven't been called a Elon fan boy for over a month???
Good and broad view but unfortunately littered with a lot of fake news. Its one of half truths, either they didn't do their research or they were selective. Don't get me wrong Elon's messing up and I expect Q1 to be bad.
For starters, don't quote Ross Gerber. The guy is considered a joke by Tesla investors. Use to be a big bull and now he is very bearish on Tesla. Sold most, if not all of his stock a long time ago.
BYD is definitly being very competitive and I think they will continue to take off. BUT, they sell a lot of hybrids and when comparing sales, many who want to spin it, don't show the BEV sales to compare apples to apples. They also sell a lot of low cost cars which are in a different range than Teslas. And finally, Tesla launched the new model Y in China which typically kills their sales for the previous model.
I had a friend ride in the Seagull in Mexico, said it was quite nice. That car starts at $10K!!!
The self driving is really interesting one to compare. I hear both sides, yes Waymo is doing well but it's geofenced and in specific areas, where Teslas can drive anywhere. China's cities pose a specific problem for Tesla as the AI hasn't been trained specifically on streets in China. But then I hear folks who know China self driving and the Tesla self driving and they say, hands down Tesla is much better and that it seems like it's thinking.
And the new BYD fast charging... cool but to get 5 mins, you need to plug in two plugs. Given the massive amount of electric infrastructure to support fast charging at that rate, I don't believe it makes economical sense to support that in cars today. Yes increase the charging speed, but keep aligned with grid growth. Even today, if everyone switched to BEV it would put a large strain on the grid.
Just to be clear, I'm not impressed with what he's doing as of late. Sometimes I wonder if he does it to get the stock down and to make it a buying opportunity. Either way, I also see a future where they don't even sell cars anymore, all they do is produce robo-taxis and then robots. Looking at it this way, Tesla doesn't even care about the car industry and will completely disrupt it and of course robots will be a massive cash cow if they can sell those things for $20k-40k.
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daftcunt (Old Spike)
I did not post this because of you but because tessler shares are still WAY overvalued, just take a minute and listen to "Mr NO EMPATHY" whining:
Also they don't have taxis ready for sale, neither do they have robots that work, just remote controlled gadgets, nor working trucks, not even roadsters (which people have paid for alredy). What they have is stagnating sales of vehicles with now superseded technology and FSD that NEVER will happen with the tech they employ coupled with abysmal cybertruck sales (way before he has gone all nazitard) and quality.
This will blow up sooner rather than later. If you own their stock get rid of it, it is NEVER a good sign when the boss begs the staff not to sell the stock.........
Also:
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Accuser (Old Spike)
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backdraft (Site Moderator)
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GKhan (Old Spike)
This is pretty funny. He can dish it but can't take it.
The next 2 years will be really interesting for Tesla. On the plus side they have a huge pile of cash to bridge some weak periods. I do think the robots will be big, might even take off before FSD becomes main stream.
Comments
(Old Spike)
Did you post this just because I haven't been called a Elon fan boy for over a month???
Good and broad view but unfortunately littered with a lot of fake news. Its one of half truths, either they didn't do their research or they were selective. Don't get me wrong Elon's messing up and I expect Q1 to be bad.
For starters, don't quote Ross Gerber. The guy is considered a joke by Tesla investors. Use to be a big bull and now he is very bearish on Tesla. Sold most, if not all of his stock a long time ago.
BYD is definitly being very competitive and I think they will continue to take off. BUT, they sell a lot of hybrids and when comparing sales, many who want to spin it, don't show the BEV sales to compare apples to apples. They also sell a lot of low cost cars which are in a different range than Teslas. And finally, Tesla launched the new model Y in China which typically kills their sales for the previous model.
I had a friend ride in the Seagull in Mexico, said it was quite nice. That car starts at $10K!!!
The self driving is really interesting one to compare. I hear both sides, yes Waymo is doing well but it's geofenced and in specific areas, where Teslas can drive anywhere. China's cities pose a specific problem for Tesla as the AI hasn't been trained specifically on streets in China. But then I hear folks who know China self driving and the Tesla self driving and they say, hands down Tesla is much better and that it seems like it's thinking.
And the new BYD fast charging... cool but to get 5 mins, you need to plug in two plugs. Given the massive amount of electric infrastructure to support fast charging at that rate, I don't believe it makes economical sense to support that in cars today. Yes increase the charging speed, but keep aligned with grid growth. Even today, if everyone switched to BEV it would put a large strain on the grid.
Just to be clear, I'm not impressed with what he's doing as of late. Sometimes I wonder if he does it to get the stock down and to make it a buying opportunity. Either way, I also see a future where they don't even sell cars anymore, all they do is produce robo-taxis and then robots. Looking at it this way, Tesla doesn't even care about the car industry and will completely disrupt it and of course robots will be a massive cash cow if they can sell those things for $20k-40k.
(Old Spike)
I did not post this because of you but because tessler shares are still WAY overvalued, just take a minute and listen to "Mr NO EMPATHY" whining:
Also they don't have taxis ready for sale, neither do they have robots that work, just remote controlled gadgets, nor working trucks, not even roadsters (which people have paid for alredy). What they have is stagnating sales of vehicles with now superseded technology and FSD that NEVER will happen with the tech they employ coupled with abysmal cybertruck sales (way before he has gone all nazitard) and quality.
This will blow up sooner rather than later. If you own their stock get rid of it, it is NEVER a good sign when the boss begs the staff not to sell the stock.........
Also:
(Old Spike)
(Site Moderator)
(Old Spike)
This is pretty funny. He can dish it but can't take it.
The next 2 years will be really interesting for Tesla. On the plus side they have a huge pile of cash to bridge some weak periods. I do think the robots will be big, might even take off before FSD becomes main stream.