Garpal Gumnut
Ross Island Hotel
- Joined
- 2 January 2006
- Posts
- 13,934
- Reactions
- 10,915
Tesla was always going to face headwinds as international competition improved their products AND the 'great EV narrative' had reached peak saturation and was starting to lose impactAs the big boys depart, the retail investors pile in.
According to a JP Morgan analyst, even as they downgrade the Tesla Sp expectations, retail buyers are pouring in.
Most times the big boys win.
Mick
From Bloombergs
View attachment 195911
actually i am watchful for collateral damage as insurers face increased claims , and ( Tesla ) car loans come under increased pressureA couple of lunatics have been arrested for firebombing the LA tesla dealership, and another Trans activist has been arrested for chucking molotov cocktails ate Tesla dealership in northern Colorado.
They will be the next outrage point for the other lunatics to rally around when they go to court.
Mick
Musk might be better just buying those shares from the employees , after all they were mainly issued as productivity incentives , and the share sell should persuade Musk into increased automation in his plantsLast I read today Musk is asking his Tesla employees not to sell their shares.
Big money, big worries.
gg
Perhaps they can't start the robotaxi with this crap going on. Robotaxis in my opinion would be destroyed.
I reckon the car side of Tesla is done, but time will tell.Perhaps they can't start the robotaxi with this crap going on. Robotaxis in my opinion would be destroyed.
I suspect corporate money in a lot of this backlash
It's not just cars there either.It's the shrinking customer base that's the problem.
Elon's baby is really space x, I'd imagine Trump will find ways to keep topping it up through govt funds at the worst. I think at this stage the cult following with Tesla products is done for, they were targeted at modern day hippies with money and not sure how they'll return to this brand again.It's not just cars there either.
If you're a big utility company looking to spend $ millions on a battery installation, there's a few things you want over and above the product itself. One of them is some confidence the company will still be around to honour warranty on your $200 million purchase. The other is that you're not going to become a political target in any way, something the electricity industry is extremely conscious of.
All the attention on Tesla and its leader isn't doing the company any favours in my view.
I care more about SpaceX than Tesla, I hope engineers can get Starship to work without blowing up mid-flight.
Musk should of stayed out of politics and using X as his megaphone doesn't help either, spewing controversial stuff, his massive ego needs a reality check.
Probably a short play in here somewhere soon on next negative news cycle. You could see the news cycle turning last week and buyers would filter in and push the stock.Unfortunately the stock is holding so far.
The negative news cycle is also turning onto the protesters and democrats.
You downrampers had one job.
Jimmy Dore has an interesting little piece if you are talking about the current governor of Minnesota
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