All too often neither the size of the profit nor percent profit really matter. The important criteria is “compared to plan”.
The stock has been priced according to what the company said it planned to do. If it didn’t meet its plan, stock usually decreases. If it keeps not meeting plan, shareholders usually lose trust and stock decreases even more. Tesla is “special” so who knows
As an owner of a recent one, but before Musk’s issues got so hard to ignore, it has good quality, as did everyone I look at. Tesla had some very well publicized quality issues, when they were hand-building the first vehicles, scaling up the model 3, and trying to build the very different technology of the cybertruck, but their normal, recent cars seem fine
As a gadget freak, teslas have many features that just don’t exist on other vehicles. Has any other manufacturer even gotten over-the-air updates right?
Several of the other vehicles you mentioned aren’t available in the US. We can expect increased protectionism so they never will be.
At least at the time, my Tesla was the lowest price EV with capabilities I wanted. The incentives made a huge difference but I don’t think it would qualify anymore plus they appear to be getting cancelled
We did have a wave of vehicles expected over the next couple years that may give some competition, if those legacy manufacturers don’t retreat to selling ICE trucks and SUVs only. However GM botching the Trailblazer, and Volkswagen screwing up the software on their attempts do not bode well. Hyundai/Kia has some good possibilities. The high end has several good possibilities but for too high a price and too low a volume
Yeah but then it’s not teslas fault. That employee didn’t do their job and can be fired
Pretty much the definition of bubble stocks. If you don’t want emotion driven stocks, don’t ride the hype train. There are many many more stock opportunities, most of whose value is related to actual facts
That’s not new to Tesla. Avoid bubble stocks. Avoid penny stocks. Buy “stodgy”
Why is this an issue. They have their incentive to keep building and selling. As long as they’re building and selling, it doesn’t matter to the rest of us what their profit is.
If they’re building make excess profit, that’s just more opportunity for legacy manufacturers to be competitive. Capitalism 101
Right, we want EVs, Tesla gets a little boost from legacy manufacturers, so now we have a market, EVs are available. GM gets a break do it has time to design EVs, but are really annoyed at funding that bastard Elon, so have incentive to get their shit together. EVs are built a little sooner m, no one goes out of business (yet), we all win
There used to be a store called Service Merchandise with a similar model. Their floor was just a showroom with one of each item, sort of like a physical catalog. You just grab a ticket to buy stuff and wait for it to come up a conveyor, sort of like airline baggage claim. I always wondered why that model never succeeded: it was so convenient and would be even better now with automation and online shopping, qr codes
Yeah, another reason not to go there. Unfortunately no impact since I already don’t.
Nearby one is 24h so I occasionally go there when everything else is closed, but that’s the only advantage they have. But no way am I downloading their app just to get a bottle of aspirin at 1am
Historically they were technically right. Tesla has always been priced by emotion rather than fundamentals. However it’s not enough to be technically correct when you lose money on that bet. And they almost always lost money.
It’s always been a bubble but that has lasted much longer than most bubbles and no one can predict when it’s pop