Good of him to notice, the campaign seems to be working then. Thus carry on and continue demonstrating and boycotting people.
Could it also be that TSLA still has a grossly inflated price at 100x forward earnings. What has it done in the last few years to deserve such a multiple? Make statements about self driving coming tomorrow, hire actors to dance in a robot helmet, and sell trucks with the doors falling off?
Hell, the price is still higher than right before Trump got elected this past November .
Nah, it’s just cAnCeL cUlTuRe
I’ve always said that, how can be Tesla valued more than several worlds largest car makers combined. Car makers far more reliable and on track than bullshit Tesla.
On paper, companies with a high P/E ratio can be justified by expecting their profit is going to skyrocket in the future.
You could maybe sorta argue that for Tesla a few years back. Even if you did, the Cybertruck debacle, Elon firing and unfiring the supercharger network people, and other antics of his, should convince you otherwise.
There’s just no way to justify it anymore, even assuming there ever was. The fascade is gone and even if the company finds a stable footing, the stock still has a long way to drop.
Not that I’m a Tesla apologist, but keep in mind they are more than just a car company. Also in their portfolio:
- Solar panels
- Residential power storage (Powerwalls)
- Commercial/utility grade power storage (Megapacks)
- Vehicle insurance
- SuperCharger network
- Robotics
Granted, things like robotics are clearly mostly hype at this point, but they have sold & service Megapacks in countries including the US, Canada, and Australia. Their Supercharger network is also seen as a valuable asset given it’s really the only highly reliable nationwide one. Add to that the fact that it’s now an open standard that other EV companies are adopting, and non-Tesla EVs can now charge at many Supercharger stations, and the value of that asset can’t be understated.
I have no idea what the Tesla EV revenue is compared to all this other stuff, but it’s all likely helping boost the value one way or another…
Auto segment is about 80% of their revenue, with the remaining 20% being an about even split of the services and energy gen / storage segments.
With ~$100b in total revenue, the percentages are right around where the billions are per segment.
Energy gen/storage as well as services went up a bit in revenue for 2024, but auto also went down, keeping their totals about the same from 2023.
Is the supercharger network worth more than the vehicle building business? Akin to owning “the gas stations of the future”?
Probably. Elon fired and unfired the team for that. It’s probably the best long term plan for the company. Especially since the rest of the industry is standardizing on their connector. Problem is, it’s uninteresting, and Elon only likes showy displays.
Long term, businesses tend to be built on boring things. That doesn’t work when your CEO likes to swing around a blinged out chainsaw on stage.
Elon has likely pumped his stock price using call options. It shouldn’t be worth anything near what it is.
https://www.reddit.com/r/options/comments/hk7nqe/tesla_infinity_call_gamma_squeeze/
I cannot hope for traditional justice for this man so I will resign myself to waiting for a ketamine overdose.
This seems like the worst way for him to go because 100% his “fans”, if you want to call them that, will say it was the deep state that killed him for getting to close to their operations. They will try to get Trump to double down on his cuts to the government and it will make things worse somehow.
Really no matter how he goes it will be due to the deep state unless he Luigi’s himself
wow they don’t call him genius for nothing. truly a master of deciphering the subtlety of flashing neon signs.
fucking troglodyte.
Lol this guy is apparently also trying to ‘go after’ people who talk bad about Tesla. Get a grip homie, the people have a right to think whatever they want about whatever company that want. What’s he going to do? Arrest people who post negatively about Tesla? And the guy claims he’s such a pro-freedom man. Hilarious except it’s tragic enough to just be sad.
What’s he going to do? Arrest people who post negatively about Tesla?
Uh, yeah. That’s exactly what they’re going to do. Trump is already calling Tesla demonstrators terrorists and pushing for charges in that area for simple vandals.
