My weiner can relate
this post was submitted on 14 Mar 2024
1 points (100.0% liked)
Enough Musk Spam
2209 readers
10 users here now
For those that have had enough of the Elon Musk worship online.
No flaming, baiting, etc. This community is intended for those opposed to the influx of Elon Musk-related advertising online. Coming here to defend Musk or his companies will not get you banned, but it likely will result in downvotes. Please use the reporting feature if you see a rule violation.
Opinions from all sides of the political spectrum are welcome here. However, we kindly ask that off-topic political discussion be kept to a minimum, so as to focus on the goal of this sub. This community is minimally moderated, so discussion and the power of upvotes/downvotes are allowed, provided lemmy.world rules are not broken.
Post links to instances of obvious Elon Musk fanboy brigading in default subreddits, lemmy/kbin communities/instances, astroturfing from Tesla/SpaceX/etc., or any articles critical of Musk, his ideas, unrealistic promises and timelines, or the working conditions at his companies.
Tesla-specific discussion can be posted here as well as our sister community /c/RealTesla.
founded 1 year ago
MODERATORS
Hooray for Wells Fargo! The real heroes.
Never thought I'd read that but here we are
Teslas are like BMWs now. Good chance the driver is an ass.
Not necessarily. If someone bought a Tesla years ago before Musk came out as an insufferable buffoon, it's hardly their fault for driving it.
It's folks who are buying Teslas now that you have to watch out for.
Thank you. My Tesla is essentially worthless now, as I couldn’t sell it to anyone in good conscience. I thought I was helping save the earth and helped finance a disaster instead.
Once Elon steps down from Tesla, the stocks will go up again.
Nope. Tesla had been extremely overvalued (think in the range of a factor of 10) and continues to be much more "worth" than it's real value. It has a new product that gave it an edge. Other car manufacturers that are factors bigger than Tesla have caught on and are surpassing it quickly. The way I see it, Tesla is dead soon
For anyone wondering, Teslas market cap is roughly $500 billion and Ford is ~$50 billion.
There is no way Tesla is worth 10 times what Ford is.
Ford's total revenue last year was $176 billion and Tesla's was $96 billion.
Also, Ford makes a butt load more models and units than Tesla. Tesla has, what, 4 models? Teslas stock price is ridiculous
The number of models is irrelevant, sales are what matter.
The only reason why tesla is this high is because of the lies and outright fraud ("funding secured") perpetrated by musk. The lies had fanboys believing it's a battery manufacturing leader, AI company, robotics, and even space company (because of spaceX, even though it's a separate company). However, the "battery manufacturing" is assembling battery cells which are actually made by Panasonic. The "AI" is a terrible self-driving mode which isn't anywhere close to fully self-driving like musk promised long ago. The robotics is straight-up vaporware, even more than most musk lies.
So what you're left with is a regular EV company which has now been beaten by BYD in terms of number of EVs sold and BYD is poised to expand much more than tesla. This regular EV company that is getting outcompeted and shows unpromising growth is somehow valued more than multiple top automotive companies combined still. This trash has a long way to fall and I wouldn't be surprised if it gets kicked out of the S&P 500 which would make it fall even harder.
I doubt it. I suspect a lot of their value is in the hype and perceived value Elon himself brings. I think investors buy his "I'm an engineer" bullshit.
There is def hype. But which American company has the infrastructure to actually compete with EV cars right now? Sure their cars are garbage and downright terrible right now. But so was Toyota when they first was introduced.
Investors are banking on the long term which is their battery production and battery tech.
You know shits bad at Tesla when Tesla, a company that has never needed advertising.. has been dumping shitloads of money into youtube ads to tell us how awesome they are. I swear I get one every other adbreak.
and I'm just laughing my ass off and hitting skip ad every time. (its on my xbox, before people scream ublock origin :p)
Elon personally did this by being a toddler.
The sad thing is, I don't even need to imagine what he looks like when he's mad xitting at something like this. I just know, like its cognition.
And its not even like that scene from Big Trouble in Little China, which just shows I am forced to think about this sonofaremoved on the regular.
I saw a growth entity with no growth once. It was a dead tree.
view more: next ›