Seems he has made an offer. I wonder if he is just doing his bitcoin trick of pumping, then quietly dumping his stock.
Can get rich (or go broke) following this guys tweets. If he starts mentioning something on his twitter- buy it for the pump.
Elon Musk
- Thread starter Gringotts Bank
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Can get rich (or go broke) following this guys tweets. If he starts mentioning something on his twitter- buy it for the pump.
bluekelah
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His trick may have backfired, the deal apparently is done at 44billion. Good price to exit for those who had rode it up to 70billion and then down to 35billion and missed the top. Would probably have gone even lower now that fed is tightening more.
Elon did pledge his shares in Tesla to finance the deal, so do wonder if he could ever get margin called should Tesla's share price ever sink again as financial conditions tighten. Of course he will have twitter now as his propaganda platform to hype and pump whatever he wishes from now on.
Go long on dogecoin!
This didn't age well.
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a l-o-n-g way to go before EVs dominate the the auto world , will Tesla remain a major player against veteran corporations
Maybe so. but hardly "dead in the water".
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( imo ) currently it is anybody's race , including non-lithium based batteries , and ICEs can be made to run on high percentages of ethanol ( over 50% ) and diesels fully on vegetable oils
however treachery and experience , often overcomes youth and enthusiasm , and a rival like Volkswagen have a LOT of experience ( and some other skills as well )
Value Collector
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Did Apple remain dominate against the veteran mobile phone companies like Nokia and Motorola?
Cars have longer lives than phones so the process of change over will take longer, but it’s happening.
Dona Ferentes
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coded by Elon Musk when he was 9 year old; this video game was sold to a magazine for $500
still available to play
Volkswagen have treachery and experience on spades.
They went from being the manufacturer of evil incarnate the third Reich to the manufacturer and iconic symbol of the Boomer peace, love and drug generation with am emissions scandal thrown in as a free bonus.
That is pure magic right before our eyes, they are genius.
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and acquirer of several prestigious brands , they may very well master the EV universe as well
No need, they already masters of the universe evidently.
Every, marketing, communication, economics, politics and finance graduate should be forced to study them to try learn how they pulled this off.
bluekelah
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Well not long now, Volkswagen is catching up quickly. I believe very soon they will recapture back some market share from the more premium market as well. Plus they have PHEVs (another popular fast growing segment) Making EVs is not rocket science, most major car makers will be able to easily modify or add on capacity to existing factories. I believe once the rate rises kick in and easy money goes away, we will see Tesla valuations become more in line with other car makers. It is not possible for Tesla to become the next "APPLE", as Apple is purely software company that commissions chinese factories to build all their hardware. EV car making is already becoming a crowded segment and Tesla will likely see margins get compressed pretty soon.
Volkswagen Threatens Tesla's Throne in Electric Vehicles
Volkswagen Threatens Tesla's Throne in Electric Vehicles - TheStreet
The german automaker was the leading manufacturer of EVs in Europe.
www.thestreet.com
Volkswagen Threatens Tesla's Throne in Electric Vehicles - TheStreet
The german automaker was the leading manufacturer of EVs in Europe.
www.thestreet.com
[While the Tesla Model 3 was the best-selling electric car in Europe in 2021, Volkswagen was the leading manufacturer of electric vehicles.]
The ID.4 Leads The Volkswagen Group’s EV Sales That Are Up 65% In Q1 2022
The ID.4 Leads The Volkswagen Group's EV Sales That Are Up 65% In Q1 2022 | Carscoops
VW sold 99,100 electric vehicles through its many brands in the first three months of 2022
www.carscoops.com
Value Collector
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I am sure people thought the same about Nokia.Well not long now, Volkswagen is catching up quickly. I believe very soon they will recapture back some market share from the more premium market as well. Plus they have PHEVs (another popular fast growing segment) Making EVs is not rocket science, most major car makers will be able to easily modify or add on capacity to existing factories. I believe once the rate rises kick in and easy money goes away, we will see Tesla valuations become more in line with other car makers. It is not possible for Tesla to become the next "APPLE", as Apple is purely software company that commissions chinese factories to build all their hardware. EV car making is already becoming a crowded segment and Tesla will likely see margins get compressed pretty soon.
Volkswagen Threatens Tesla's Throne in Electric Vehicles
Volkswagen Threatens Tesla's Throne in Electric Vehicles - TheStreet
The german automaker was the leading manufacturer of EVs in Europe.[While the Tesla Model 3 was the best-selling electric car in Europe in 2021, Volkswagen was the leading manufacturer of electric vehicles.]
The ID.4 Leads The Volkswagen Group’s EV Sales That Are Up 65% In Q1 2022
The ID.4 Leads The Volkswagen Group's EV Sales That Are Up 65% In Q1 2022 | Carscoops
VW sold 99,100 electric vehicles through its many brands in the first three months of 2022
Bit of a false equivalence to compare the decline of Nokia to all other auto manufacturers vs Tesla. Tesla will no doubt be the EV market sales leader for some time to come but their market share will continue to decline over time. In this sense, there are likely to be some similarities between Apple iPhone sales history and Tesla EVs. iPhone global market share by shipments varies by quarter between 10-20% now but as a premium brand is very profitable. Will Tesla EVs be considered in the same league as EVs from Audi, BMW, Mercedes Benz, Toyota Lexus etc. as a premium brand that commands a premium price? Maybe, time will tell but it will be a huge challenge as the technology gap closes quickly due to massive global investment by the majors in all aspects of EV tech.
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ummm i have seen some analysis that Apple has hit a flat spot as well
since Musk has some history with coding and part-way through the Twitter acquisition one might wonder what path would Twitter take , ( bolt on an app. store perhaps or maybe a digital market place )
i am guessing he didn't buy it so he could troll others unimpeded ( that has just been a happy consequence )
since Musk has some history with coding and part-way through the Twitter acquisition one might wonder what path would Twitter take , ( bolt on an app. store perhaps or maybe a digital market place )
i am guessing he didn't buy it so he could troll others unimpeded ( that has just been a happy consequence )
Value Collector
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What is Nokias market share now? What was it before? Why didn’t they make the jump and compete with Apple and Samsung?
Time will tell, but when it comes to Ev’s there is a lot of factors that give Tesla a major advantage eg their charging networks and self driving software just to name two.
I mean will BMW be considered a premium brand if their vehicles can’t drive them selves and it’s hard to find charging locations?
Tesla is well ahead of the other brands when it comes to full self driving, they are years ahead in development, will the others even be able to catch up?
JohnDe
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Top 10, look at where VW are -
insideevs.com
Global Plug-In Electric Car Sales Doubled In February 2022
Global passenger plug-in electric car sales doubled year-over-year in February, which is an outstanding result considering all the challenges with parts supply.
JohnDe
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