Big brother Tesla

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CXRAndy

Veteran
Tesla have stopped taking orders for the model S and the model X in China.

They account for a very small percentage of sales. The same has happened in UK for model X.
 

Bazzer

Senior Member
Looks like Tesla are facing yet another recall. This time replace the "self driving" computers to full self driving, or compensate the owners.
Some of Der Auto Fuhrer's broken promises finally coming home to roost?
 

CXRAndy

Veteran
Looks like Tesla are facing yet another recall. This time replace the "self driving" computers to full self driving, or compensate the owners.
Some of Der Auto Fuhrer's broken promises finally coming home to roost?

There's a bit to go first. I maybe able to get an upgrade vehicle or HW4 for cheap.
 

monkers

Squire
Let's not lose sight of the fact that Musk is the man using his social media platform to contact women and offer to pay them to have his children ...
Elon Musk is directly messaging women on his social media platform, X, to solicit them to have his babies in order to grow a “legion” of kids with high intelligence as part of his mission to save “civilization,” The Wall Street Journal reports.
Sources told WSJ that Musk, who currently has at least 14 children with four women, wants to build a “legion” of children because he believes “civilization is going to crumble” due to declining birthrates.
https://www.huffingtonpost.co.uk/en...lair-legion-babies_n_67ffef3ee4b0485a7732a835

Sounds like the script from Fatal Attraction.
 

stowie

Well-Known Member

Tesla revenue down 9.4% Yr-Yr and net income down a huge 71% - possibly showing the level of discounting going to retain sales numbers.

And yet, Tesla stock rose significantly on the news. This may have been that the market was fearing worse news, or that Musk's tenure in Doge apparently is ending, or even that the share price was influenced as short positions were resolved. What it does seem to show is that Tesla stock price is not based on fundamentals but the hope that Musk will come good on promises. I don't like calling it a meme stock since it is a real company with real products and real development but it sort of fits some of the criteria.

Of course, fundamentals do end up biting investors in the buttocks sooner or later. For now it appears the faith is still strong despite the big promises being consistently pushed into the middle distance.
 
I don't like calling it a meme stock since it is a real company with real products and real development but it sort of fits some of the criteria.
Yes Tesla as a company apart from Musk isn't that bad, but on the other hand, as a ''normal'' company without Musk you would never see a stock price like this.
 

icowden

Squire

I'd say that they are about as bad as I thought. Musk's problem is that it's people like me that wanted a Tesla. But the repeated promises and failures of FSD, the association with fascism and the fact that there are some really good alternatives coming out now is killing Tesla, especially as we are in a cost of living crisis with increasing energy bills, increasing council tax etc. My income is not stretching to anything outside of bills now, and I have a good income.

Add to that the massively high insurance cost...

Those cheaper Chinese and Japanese cars are looking like a good idea...
 
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