Tesla business discussion
#106
Lexus Fanatic
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I think we are likely close to the bottom for Tesla. Buying it now is not a bad idea at all.
#107
Lexus Fanatic
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Why do you think this? From a financial perspective not "just because".
I have a good track record the last 5 years predicting the markets, this year nope. Don't know how low TSLA can go, you'd think it reached the bottom given the absurd sell off volume but how knows.
They will all have egg on their face when Twitter ends up being much better, makes money and does it with 25% of the workforce Twitter had previously.
I don't think legacy auto has anything to offer Tesla. Tesla is all about software and technology in general what other auto companies have this? Let's use Nissan as an example they are most likely to bankrupt IMO, what does Nissan have that Tesla wants?
All the ICE tooling and ICE specific supply chain in general has negative value.
My prediction(which means nothing of course, just a guess) is when the "winds change" aka the "media backs off musk and any negative publicity of Tesla" as they push and rally the "perceived" stock value back up to meet it's real value.
PS- Lex2k- what you think about Tesla either partnering or gobbling up other car mfg's that don;t "cut the mustard" and could be facing bankruptcy in the future?
Such as once popular brands or models resurrected as a spin off from Tesla?
Such as once popular brands or models resurrected as a spin off from Tesla?
All the ICE tooling and ICE specific supply chain in general has negative value.
#108
Lexus Fanatic
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Because Toyota is a massive company with lots of cash and a lot of diversified revenue streams, one recession is not going to hurt Toyota in the slightest.
I have no doubt that Musk can turn Twitter into a viable and better business. BUT, he is rapidly becoming a Right, Alt-Right icon and that will hurt Tesla's position as a car that is the darling of the progressive left. I can see a time coming very soon where in those circles driving a Tesla would not be positive socially, and I already know very left leaning people who say Musk will keep them from ever buying a Tesla. They will buy EVs, just not Teslas.
I guarantee you there are a lot of executives at Tesla that are very worried about this.
They will all have egg on their face when Twitter ends up being much better, makes money and does it with 25% of the workforce Twitter had previously.
I guarantee you there are a lot of executives at Tesla that are very worried about this.
Last edited by SW17LS; 12-29-22 at 09:24 AM.
#109
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Tesla’s market share is going down year by year.
https://electrek.co/2022/11/29/tesla...t-shares-data/
https://electrek.co/2022/11/29/tesla...t-shares-data/
#110
Lexus Fanatic
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Tesla’s market share is going down year by year.
https://electrek.co/2022/11/29/tesla...t-shares-data/
https://electrek.co/2022/11/29/tesla...t-shares-data/
#111
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If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Toyota Motor couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2022.
I guarantee you there are a lot of executives at Tesla that are very worried about this.
#112
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This article in the NY Times describes what I am talking about:
https://www.nytimes.com/2022/12/23/o...sla-brand.html
https://www.nytimes.com/2022/12/23/o...sla-brand.html
#113
Lexus Fanatic
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If Toyota fails, I'll buy you a Tesla.
Like who? Since you guarantee, name one.
I know you think Musk is a God that can do no wrong, but hes not and hes making an enemy out of Tesla's core customer, and the target customers early EV growth is going to come from. Not smart.
#114
Lexus Champion
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I’ll likely get attacked for this, but about 9 months ago I seriously considered buying a Tesla, but today, I won’t even consider one. And that is all because of Musk and his antics.
#115
Lexus Fanatic
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This article in the NY Times describes what I am talking about:
https://www.nytimes.com/2022/12/23/o...sla-brand.html
https://www.nytimes.com/2022/12/23/o...sla-brand.html
Elon Musk Has No Idea What He’s Doing at Twitter
This will look comical in hindsight, just like many posts in this thread. What's bizarre is some people never learn, they continue to be wrong but repeat the same talking points. And are wrong again.
I don't understand this.
Tesla’s market share is going down year by year.
https://electrek.co/2022/11/29/tesla...t-shares-data/
https://electrek.co/2022/11/29/tesla...t-shares-data/
Last edited by LeX2K; 12-29-22 at 09:51 AM.
#116
Lexus Test Driver
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J/k that was totally a joke!, nothing but love for ya brother.. haha
Ok, just my opinion and opening my big mouth, again, lol
I think the Tesla has proved itself in may categories as a leader, worthy opponent, and affordabe to many.
What this means as I see it- it's a product that stands on it's own merit and will survive no problem at all regardless of anybodys political affiliations or preferences.
PS- that's as far as I go on that cuz politics is forbidden on this site as I understand it so leaving it alone.
#117
Lexus Fanatic
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I called it.
At this point there is a mountain of hard evidence Elon Musk knows exactly what he is doing. Tesla, SpaceX, Starlink. And soon Twitter will take off from a financial perspective. If you focus in only on the stock market and the shrieking media (when do they ever get anything right?) you are poorly informed at best.
Last edited by LeX2K; 12-29-22 at 10:02 AM.
#119
Lexus Fanatic
#120
Lexus Fanatic
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From the same author
Elon Musk Has No Idea What He’s Doing at Twitter
This will look comical in hindsight, just like many posts in this thread. What's bizarre is some people never learn, they continue to be wrong but repeat the same talking points. And are wrong again.
Elon Musk Has No Idea What He’s Doing at Twitter
This will look comical in hindsight, just like many posts in this thread. What's bizarre is some people never learn, they continue to be wrong but repeat the same talking points. And are wrong again.
Nothing to apologize for if you don't like the ethics of a certain CEO buy from another company.
Thanks for trying to read my mind and failing. I don't think this
The bottom line is, a company's stock doesn't crater like this for no reason. Musk's antics are a big reason why it has.