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https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/
- Consider including the article’s mediabiasfactcheck.com/ link
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Let's keep it going, I wanna get paid for getting a Tesla.
Unless he steps down as CEO and sells all his shares I don't see a Tesla redemption arc in Europe anytime soon.
And if he does step down as CEO and sell his shares, the stock will tank anyhow. The only reason it's currently about 100x over its realistic value is that people bought into the idea that Elon was this genius who was going to... well who knows. Nothing he could have done would have justified that valuation.
Even then it’s a shitty company, cause look how long they’ve tolerated him for.
That would also tank the stock price though.
Sooner or later, the stock price will tank. It's actually quite something that it is still that high, if anyone needed anymore proof that stock investors are not smarter than average Joe.
But Tesla sales are crashing worldwide, not just because of the brand, but because competition has caught up and is now getting ahead. Robo-taxis are going to compete with players that are years ahead on self-driving and safety concerns are going to force Tesla to trim down their price (assuming they manage to no longer need their "safety monitors", in which cas they will just not happen).
Humanoid robots are a tool that needs to find a use justifying its price (and there again, we might see competition from China…).
What's left??
Short term yes but I think they could quickly recover beyond where they are now if Tesla managed to keep some good press coming.
I think Tesla is finished. I would never buy one simply because all of the investors are Nazi-friendly, or they would have sold their stock or shit Musk right out of the company by now. My grudge is with Musk, the employees, and every shareholder. Decent people sold their Teslas after the double Sieg Heil. I can't wait for Tesla to liquidate.