Anti Teslaism

16,916 Views | 381 Replies | Last: 2 mo ago by Haloski
concordtom
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Quote:

https://electrek.co/2025/03/14/tesla-is-done-in-germany-94-say-they-wont-buy-a-tesla-car/


The above makes me think that Tesla stock is going to die Monday.
And musk better hope Optimus (the robot) saves his company, because his car now faces a lot of competition, and he is pissing off lots of Americans, too.

Also, "everything Trump touches dies".
Except, in this case, Elon did it to himself!!! Shocking!!
oski003
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concordtom said:

Quote:

https://electrek.co/2025/03/14/tesla-is-done-in-germany-94-say-they-wont-buy-a-tesla-car/


The above makes me think that Tesla stock is going to die Monday.
And musk better hope Optimus (the robot) saves his company, because his car now faces a lot of competition, and he is pissing off lots of Americans, too.

Also, "everything Trump touches dies".
Except, in this case, Elon did it to himself!!! Shocking!!


Why would an article written on Friday morning cause the stock to die on Monday?
concordtom
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oski003 said:

concordtom said:

Quote:

https://electrek.co/2025/03/14/tesla-is-done-in-germany-94-say-they-wont-buy-a-tesla-car/


The above makes me think that Tesla stock is going to die Monday.
And musk better hope Optimus (the robot) saves his company, because his car now faces a lot of competition, and he is pissing off lots of Americans, too.

Also, "everything Trump touches dies".
Except, in this case, Elon did it to himself!!! Shocking!!


Why would an article written on Friday morning cause the stock to die on Monday?


Did you ever see the movie Grease?
You know the scene at the Drive-In where Rizzo tells Frenchy that she's missed her period?
And then they walk back to where their cars are parked and by the time she gets there Kenickie gets word and says, "so, you have a bun in the oven?" And Rizzo looks at Frenchy and says "gee, good news travels fast!"

The walk from here to there was the weekend. Fast, but not immediate.

Down 6.5% today.
oski003
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concordtom said:

oski003 said:

concordtom said:

Quote:

https://electrek.co/2025/03/14/tesla-is-done-in-germany-94-say-they-wont-buy-a-tesla-car/


The above makes me think that Tesla stock is going to die Monday.
And musk better hope Optimus (the robot) saves his company, because his car now faces a lot of competition, and he is pissing off lots of Americans, too.

Also, "everything Trump touches dies".
Except, in this case, Elon did it to himself!!! Shocking!!


Why would an article written on Friday morning cause the stock to die on Monday?


Did you ever see the movie Grease?
You know the scene at the Drive-In where Rizzo tells Frenchy that she's missed her period?
And then they walk back to where their cars are parked and by the time she gets there Kenickie gets word and says, "so, you have a bun in the oven?" And Rizzo looks at Frenchy and says "gee, good news travels fast!"

The walk from here to there was the weekend. Fast, but not immediate.

Down 6.5% today.


Down 4% today because ...

Today's drop comes after one Tesla bull just cut his firm's price target by $85 per share. Mizuho's Vijay Rakesh is still taking a bullish stance, but his price target dropped from $515 to $430 per share, reports Barron's
concordtom
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He better hope for Optimus and tariffs because Tesla cars are so 2010's.
Well, I guess if he can write govt code to lock Chinese auto-drive out - he can make a protectionist market here.
oski003
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concordtom said:

He better hope for Optimus and tariffs because Tesla cars are so 2010's.
Well, I guess if he can write govt code to lock Chinese auto-drive out - he can make a protectionist market here.


False.
concordtom
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Good morning.
Let's take a look at Tesla stock.
Oh, down another 6%. What a surprise.
bearister
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Tesla board members, executive sell off over $100 million of stock in recent weeks - ABC News


https://abcnews.go.com/Business/tesla-board-members-executive-sell-off-100-million/story?id=119889047
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concordtom
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bearister said:

Tesla board members, executive sell off over $100 million of stock in recent weeks - ABC News


https://abcnews.go.com/Business/tesla-board-members-executive-sell-off-100-million/story?id=119889047


He should be fired.
He's only hurting the company.
Eastern Oregon Bear
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bearister said:

Tesla board members, executive sell off over $100 million of stock in recent weeks - ABC News


https://abcnews.go.com/Business/tesla-board-members-executive-sell-off-100-million/story?id=119889047
Rats... Sinking ships... Etc.
oski003
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Eastern Oregon Bear said:

bearister said:

Tesla board members, executive sell off over $100 million of stock in recent weeks - ABC News


https://abcnews.go.com/Business/tesla-board-members-executive-sell-off-100-million/story?id=119889047
Rats... Sinking ships... Etc.


Rats... Sinking ships... Etc. ?


Amazon Insider Trading Activity
Amazon insiders have traded $AMZN stock on the open market 87 times in the past 6 months. Of those trades, 0 have been purchases and 87 have been sales.

Here's a breakdown of recent trading of $AMZN stock by insiders over the last 6 months:

JEFFREY P BEZOS (Executive Chair) has traded it 34 times. They made 0 purchases and 34 sales, selling 25,000,000 shares.
JONATHAN RUBINSTEIN has traded it 2 times. They made 0 purchases and 2 sales, selling 9,770 shares.
KEITH BRIAN ALEXANDER sold 900 shares.
DOUGLAS J HERRINGTON (CEO Worldwide Amazon Stores) has traded it 19 times. They made 0 purchases and 19 sales, selling 51,202 shares.
DAVID ZAPOLSKY (Senior Vice President) has traded it 7 times. They made 0 purchases and 7 sales, selling 25,880 shares.
ANDREW R JASSY (President and CEO) has traded it 6 times. They made 0 purchases and 6 sales, selling 41,568 shares.
MATTHEW S GARMAN (CEO Amazon Web Services) has traded it 4 times. They made 0 purchases and 4 sales, selling 15,260 shares.
SHELLEY REYNOLDS (Vice President) has traded it 8 times. They made 0 purchases and 8 sales, selling 6,491 shares.
BRIAN T OLSAVSKY (Senior Vice President and CFO) has traded it 2 times. They made 0 purchases and 2 sales, selling 29,200 shares.
ADAM SELIPSKY (CEO Amazon Web Services) has traded it 4 times. They made 0 purchases and 4 sales, selling 5,100 shares.
wifeisafurd
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Haloski said:

wifeisafurd said:

SBGold said:

Tesla have been plasticky crap cars from the beginning. Rare to see someone who has gotten one get another one

VOTE BLUE

Go Bears Forever
Amazingly uninformed and unaware, and utterly lacking of any analysis. You should be embarrassed by your utter ignorance on the subject of cars.

According to S&P Global Mobility, which tracks car registration details in every US state, approximately 70% of Tesla owners in the US who buy a new Tesla car opt for another Tesla model. Tesla has the highest brand loyally in the United States. Some folks are changing their views on Tesla due to Musk's "unique" views on how government should operate and/oir what he did with X, but that has nothing to do with the quality of the cars

Early adapters and on 4th Tesla car. Tesla people we know are on multiple purchases. There now are ways more choices, but unless and until you can use Tesla charging system you are screwed because the other charging systems are unreliable and not built out. Tesla has a very reliable product, resting in reduced maintenance cost, which is good because their service side is sub-optimal. They also continuously update their computer system, which competitors are not great at. Tesla is a really good tech company and not that great car company. Tesla doesn't have the greatest quality inside the car (though their sound systems are first rate), but not good compared to competitors of the S class (e.g., Porsche Taycan, Mercedes EQs, etc.). Tesla has greater power, but th competitors, especially Porsche have better handling. Tesla interiors are known for their minimalist and techie design, where the luxury competitors like BMW, Mercedes, and other luxury brands ,tend to prioritize more traditional materials, features, and a focus on visual luxury (exceptions are BMW and Audi models at lower price points have a lot of plastic). These other brands typically are more expensive than their competitito models at Tesla. Teslas are considered to have a fit and finish issues of the body panels (at least those produced in California without solvent based paints) , doors, and hatches on Teslas and not the same lack of attention to detail you see in other luxury brands. That said Tesla interiors experience is heavily influenced by software, with features and functionality instead that you don't find with competitors. Tesla just has better tech.

There there is the American non S and X Class competitors like Prius. They produce an absolutely crap car inside, and anyone comparing Tesla's inside as plastic and crappy to those is showing their utter incompetence regarding knowledge of cars. That said, the non-luxury competitors may have greater range, which they need without having Tesla's charging infrastructure.


What? Almost all new electric vehicles being sold in the US have access to Tesla's charging infrastructure.
Clearly you don't have on any of these vehicles. Have you been Tesla Supercharger, because if you have, the obvious question is where are all these other makes of care?

Let"s start off with Telsa's policies right out of the manual :
For safety reasons, using third-party adapters is prohibited. Using an AC adapter may result in damage to your vehicle. So unless you have a NACS Port, you are pretty much screwed. So who has the Ports? , well pretty much no one.

The answer is the lack of magic docks at Tesla superchargers for your GM or other American cars means can't presently using them for your GM or other American car NACS DC adapter on any reliable basis. Enjoy your trip to Electrify America's broken pumps. GM and other domestic producers say they are now moving to NACS ports so they can use them on regulate superchargers, since the lack of proper ducts for adapters has made what is currently on the road next to impossible to use Tesla Superchargers. Te only car I have seen at Supercarger are Lucids which now have a NACS port.

As for non-domestic cars, Tesla simply doesn't allow use due to existing politics. So for example, I can't take my Porsche Taycan to a Tesla supercharger. Again, the amount of an uninformed commentary on this thread is what you expect of off topic.
wifeisafurd
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bearister said:

Tesla Reported Zero Federal Income Tax on $2 Billion of U.S. Income in 2024 ITEP


https://itep.org/tesla-reported-zero-federal-income-tax-in-2024/
What I would expect from a financially illiterate person.

I suggest you look at the balance sheet more closely. Like essentially all pubic companies, Telsa has accrued billions of dollars in taxes for Schedule M items which appear on the balance sheet under the category deferred taxes. Using sources that don't have a clue how accelerated deprecation and other Schedule M items are reported on financial statements for tax refurns is really stupid. Maybe just stick to posting music videos?
wifeisafurd
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concordtom said:

BYD Tang hybrid
$24,500
700 mile range.





In the world of stupid off-topic posts, this post may be a winner.

Gee Tom, BTD stock, and stocks of Tesla's stick should be sky rocketing. Right? Taking advantage of the Tessal "collapse" in stock price that has you calling for Musk to be fired.

Well major investor Warren Buffett dumped BYD stock and its market valuation tanked. Nice post. Tesla stock may have been overvalued as it is losing post-election gains after Musk backed Trump (not sure why rational investors did this), but still is in positive ground for the year, and Musk also is creating brand hostility, which is a long term problem. But it looks like the market is pretty bearish on electric car makers and a lot of this may be investors taking a closer look at electric car makers that seem to only survive by being propped up by government support. Tom, for a couple dollars you can buy a share of Lucid stock if you want to lose some money. Tesla seems more a technology company than a car company (just try the unique service experience), but Tesla's continuing high value is based on robotaxis and robots it hasn't yet produced, not the sales of EV cars. The market seems to backing away from investing in EV car makers.
Eastern Oregon Bear
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oski003 said:

Eastern Oregon Bear said:

bearister said:

Tesla board members, executive sell off over $100 million of stock in recent weeks - ABC News


https://abcnews.go.com/Business/tesla-board-members-executive-sell-off-100-million/story?id=119889047
Rats... Sinking ships... Etc.


Rats... Sinking ships... Etc. ?


Amazon Insider Trading Activity
Amazon insiders have traded $AMZN stock on the open market 87 times in the past 6 months. Of those trades, 0 have been purchases and 87 have been sales.

Here's a breakdown of recent trading of $AMZN stock by insiders over the last 6 months:

JEFFREY P BEZOS (Executive Chair) has traded it 34 times. They made 0 purchases and 34 sales, selling 25,000,000 shares.
JONATHAN RUBINSTEIN has traded it 2 times. They made 0 purchases and 2 sales, selling 9,770 shares.
KEITH BRIAN ALEXANDER sold 900 shares.
DOUGLAS J HERRINGTON (CEO Worldwide Amazon Stores) has traded it 19 times. They made 0 purchases and 19 sales, selling 51,202 shares.
DAVID ZAPOLSKY (Senior Vice President) has traded it 7 times. They made 0 purchases and 7 sales, selling 25,880 shares.
ANDREW R JASSY (President and CEO) has traded it 6 times. They made 0 purchases and 6 sales, selling 41,568 shares.
MATTHEW S GARMAN (CEO Amazon Web Services) has traded it 4 times. They made 0 purchases and 4 sales, selling 15,260 shares.
SHELLEY REYNOLDS (Vice President) has traded it 8 times. They made 0 purchases and 8 sales, selling 6,491 shares.
BRIAN T OLSAVSKY (Senior Vice President and CFO) has traded it 2 times. They made 0 purchases and 2 sales, selling 29,200 shares.
ADAM SELIPSKY (CEO Amazon Web Services) has traded it 4 times. They made 0 purchases and 4 sales, selling 5,100 shares.
What's the purpose of your moving goalpost? $AMZN is down about 20% since early February. I'm not surprised that the $AMZN big wigs are selling too.
oski003
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Eastern Oregon Bear said:

oski003 said:

Eastern Oregon Bear said:

bearister said:

Tesla board members, executive sell off over $100 million of stock in recent weeks - ABC News


https://abcnews.go.com/Business/tesla-board-members-executive-sell-off-100-million/story?id=119889047
Rats... Sinking ships... Etc.


Rats... Sinking ships... Etc. ?


Amazon Insider Trading Activity
Amazon insiders have traded $AMZN stock on the open market 87 times in the past 6 months. Of those trades, 0 have been purchases and 87 have been sales.

Here's a breakdown of recent trading of $AMZN stock by insiders over the last 6 months:

JEFFREY P BEZOS (Executive Chair) has traded it 34 times. They made 0 purchases and 34 sales, selling 25,000,000 shares.
JONATHAN RUBINSTEIN has traded it 2 times. They made 0 purchases and 2 sales, selling 9,770 shares.
KEITH BRIAN ALEXANDER sold 900 shares.
DOUGLAS J HERRINGTON (CEO Worldwide Amazon Stores) has traded it 19 times. They made 0 purchases and 19 sales, selling 51,202 shares.
DAVID ZAPOLSKY (Senior Vice President) has traded it 7 times. They made 0 purchases and 7 sales, selling 25,880 shares.
ANDREW R JASSY (President and CEO) has traded it 6 times. They made 0 purchases and 6 sales, selling 41,568 shares.
MATTHEW S GARMAN (CEO Amazon Web Services) has traded it 4 times. They made 0 purchases and 4 sales, selling 15,260 shares.
SHELLEY REYNOLDS (Vice President) has traded it 8 times. They made 0 purchases and 8 sales, selling 6,491 shares.
BRIAN T OLSAVSKY (Senior Vice President and CFO) has traded it 2 times. They made 0 purchases and 2 sales, selling 29,200 shares.
ADAM SELIPSKY (CEO Amazon Web Services) has traded it 4 times. They made 0 purchases and 4 sales, selling 5,100 shares.
What's the purpose of your moving goalpost? $AMZN is down about 20% since early February. I'm not surprised that the $AMZN big wigs are selling too.


I took 2 minutes of my time and gave you a basic example of the stock sales at a large tech company. YW.
bearister
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"What I would expect from a financially illiterate person.

Maybe just stick to posting music videos?"

Hey Furd,



*You certainly have a lot of pent up hostility for someone I literally never engage with. Did I hurt your Trumper feelings somewhere along the way? If I post a Lee Greenwood music video will it soothe your savage beast?
Cancel my subscription to the Resurrection
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LudwigsFountain
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Eastern Oregon Bear said:

bearister said:

Tesla board members, executive sell off over $100 million of stock in recent weeks - ABC News


https://abcnews.go.com/Business/tesla-board-members-executive-sell-off-100-million/story?id=119889047
Rats... Sinking ships... Etc.
I could be wrong about this, and I'm too lazy to look it up, but I believe insiders must establish a plan to sell stock at least 90 days before the sale is executed. And they can't have insider info when the plan is established. So, where was Tesla stock 90 days ago? I believe it was at or near the all time high. That might have been enough motivation for them to sell some of their stock
Zippergate
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Never been a Tesla or Elon fanboy but this anti-Tesla sentiment is so typical of the woke left, misdirected, idiotic, destructive, and above all, politically motivated.

(I don't know if this is true, but would anyone be surprised if it is?)

concordtom
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wifeisafurd said:

concordtom said:

BYD Tang hybrid
$24,500
700 mile range.





In the world of stupid off-topic posts, this post may be a winner.

Gee Tom, BTD stock, and stocks of Tesla's stick should be sky rocketing. Right? Taking advantage of the Tessal "collapse" in stock price that has you calling for Musk to be fired.

Well major investor Warren Buffett dumped BYD stock and its market valuation tanked. Nice post. Tesla stock may have been overvalued as it is losing post-election gains after Musk backed Trump (not sure why rational investors did this), but still is in positive ground for the year, and Musk also is creating brand hostility, which is a long term problem. But it looks like the market is pretty bearish on electric car makers and a lot of this may be investors taking a closer look at electric car makers that seem to only survive by being propped up by government support. Tom, for a couple dollars you can buy a share of Lucid stock if you want to lose some money. Tesla seems more a technology company than a car company (just try the unique service experience), but Tesla's continuing high value is based on robotaxis and robots it hasn't yet produced, not the sales of EV cars. The market seems to backing away from investing in EV car makers.


Let's knock off the tariffs and try free trade. And then reconvene on both teslas and EVs in general.

PS: I think this article said that BYD has reached an all-time high AND come out with charging that beats Tesla's superchargers, which you (justifiably) rave at elsewhere. But why won't we see them here?

https://finance.yahoo.com/news/tesla-short-sellers-land-16-150958020.html
Anarchistbear
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Zippergate said:

Never been a Tesla or Elon fanboy but this anti-Tesla sentiment is so typical of the woke left, misdirected, idiotic, destructive, and above all, politically motivated.

(I don't know if this is true, but would anyone be surprised if it is?)





Definitely not true. Protests aren't in heavily contested districts- Berkeley. New York City, Palo Alto, Chicago- but in areas where a lot of Teslas are sold, namely liberal areas previously caught up in the wet dream of owning an environmentally conscious expensive car on a string but now who find themselves driving a Volkswagen in 1939
Cal88
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wifeisafurd said:

concordtom said:

BYD Tang hybrid
$24,500
700 mile range.





In the world of stupid off-topic posts, this post may be a winner.

Gee Tom, BTD stock, and stocks of Tesla's stick should be sky rocketing. Right? Taking advantage of the Tessal "collapse" in stock price that has you calling for Musk to be fired.

Well major investor Warren Buffett dumped BYD stock and its market valuation tanked. Nice post. Tesla stock may have been overvalued as it is losing post-election gains after Musk backed Trump (not sure why rational investors did this), but still is in positive ground for the year, and Musk also is creating brand hostility, which is a long term problem. But it looks like the market is pretty bearish on electric car makers and a lot of this may be investors taking a closer look at electric car makers that seem to only survive by being propped up by government support. Tom, for a couple dollars you can buy a share of Lucid stock if you want to lose some money. Tesla seems more a technology company than a car company (just try the unique service experience), but Tesla's continuing high value is based on robotaxis and robots it hasn't yet produced, not the sales of EV cars. The market seems to backing away from investing in EV car makers.

This view is outdated, I used to believe that too. The EV and related battery product cycle is still in its early phases, constant technological improvements and intense competition are propelling the EV market ahead of the ICE market.

Here are the main reasons EVs are starting to replace ICE cars in open markets like Australia, Brazil, Mexico etc:

  • Lower price for the equivalent auto/truck
  • Better performance
  • Comparable ranges in new models, potentially longer ranges in future ones
  • Lower energy costs (zero variable costs if you have solar panels)
  • Lower maintenance costs (fewer moving parts)
  • Silent, smoother operation
  • No pollution

I think part of the reason Buffet sold off his BYD stake is due to the current political climate of decoupling with China, and his assessment of future further deterioration in Sino-American relations, rather than a pure business decision.
Zippergate
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Because we have had some of the lowest tariffs in the world. We had free trade but only in one direction.
Because the free trade paradigm of Ricardo is an ivory tower fiction. Other countries have different objectives and achieve them through mercantilistic policies such as non-tariff barriers, subsidies, and currency manipulation. How is the Ricardian framework supposed to work when the largest surplus country doesn't have a fully convertible currency? or when the largest deficit country has the reserve currency? (see Triflin)
Because while free trade may maximize economic wealth, there are extreme economic winners and losers. So-called free trade has gutted the American economy of manufacturing jobs and self-sufficiency.
You can't just count the benefits without factoring in the costs.
bearister
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"…..anti-Tesla sentiment is so typical of the woke left, misdirected, idiotic, destructive, and above all, politically motivated."

Do you think the "Victim of Woke Left Defense" sufficiently deoderizes the stench steaming off this?

https://bearinsider.com/forums/6/topics/126475/replies/2477672
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sycasey
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bear2034
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bearister said:

"…..anti-Tesla sentiment is so typical of the woke left, misdirected, idiotic, destructive, and above all, politically motivated."

Do you think the "Victim of Woke Left Defense" sufficiently deoderizes the stench steaming off this?

bearister
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Anyone who breaks the law needs to suffer the consequences …..unless you are Trump, naturally.
Cancel my subscription to the Resurrection
Send my credentials to the House of Detention

“I love Cal deeply. What are the directions to The Portal from Sproul Plaza?”
Anarchistbear
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In our upside down world, terrorism is the new McCarthy like smear for everything. You complain against a genocide- it's terrorism and you're deported. You committ genocide you address a joint session of Congress
concordtom
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It took me a second watch to see what they were getting at.

Short:



Don't tow with your Tesla
oski003
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concordtom said:

It took me a second watch to see what they were getting at.

Short:



Don't tow with your Tesla


Tesla >BYD
wifeisafurd
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Cal88 said:

wifeisafurd said:

concordtom said:

BYD Tang hybrid
$24,500
700 mile range.





In the world of stupid off-topic posts, this post may be a winner.

Gee Tom, BTD stock, and stocks of Tesla's stick should be sky rocketing. Right? Taking advantage of the Tessal "collapse" in stock price that has you calling for Musk to be fired.

Well major investor Warren Buffett dumped BYD stock and its market valuation tanked. Nice post. Tesla stock may have been overvalued as it is losing post-election gains after Musk backed Trump (not sure why rational investors did this), but still is in positive ground for the year, and Musk also is creating brand hostility, which is a long term problem. But it looks like the market is pretty bearish on electric car makers and a lot of this may be investors taking a closer look at electric car makers that seem to only survive by being propped up by government support. Tom, for a couple dollars you can buy a share of Lucid stock if you want to lose some money. Tesla seems more a technology company than a car company (just try the unique service experience), but Tesla's continuing high value is based on robotaxis and robots it hasn't yet produced, not the sales of EV cars. The market seems to backing away from investing in EV car makers.

This view is outdated, I used to believe that too. The EV and related battery product cycle is still in its early phases, constant technological improvements and intense competition are propelling the EV market ahead of the ICE market.

Here are the main reasons EVs are starting to replace ICE cars in open markets like Australia, Brazil, Mexico etc:

  • Lower price for the equivalent auto/truck
  • Better performance
  • Comparable ranges in new models, potentially longer ranges in future ones
  • Lower energy costs (zero variable costs if you have solar panels)
  • Lower maintenance costs (fewer moving parts)
  • Silent, smoother operation
  • No pollution

I think part of the reason Buffet sold off his BYD stake is due to the current political climate of decoupling with China, and his assessment of future further deterioration in Sino-American relations, rather than a pure business decision.
I agree that BYD takes a hit from the political environment, as does Tesla. But BYD's market valuation is just crap for the largest seller of EVs in the world, and from everything I hear they make a decent car for the price. Just so we are clear, BYD has a market capitalization of $16 Billion and Tesla is at $790 Billion currently, BYD has has a meager run-up in valuation lately, after falling down when Buffet left. BYD is never gong to compete in the luxury EV market, but why should investors care? The EV luxury market already is saturated with competition. For whatever reason, investors are just down on EV companies, and I'm not sure why, but it is not just Tesla (and based on Tesla's profits, you would think Tesla still is overvalued without some other factors at play).
wifeisafurd
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concordtom said:

wifeisafurd said:

concordtom said:

BYD Tang hybrid
$24,500
700 mile range.





In the world of stupid off-topic posts, this post may be a winner.

Gee Tom, BTD stock, and stocks of Tesla's stick should be sky rocketing. Right? Taking advantage of the Tessal "collapse" in stock price that has you calling for Musk to be fired.

Well major investor Warren Buffett dumped BYD stock and its market valuation tanked. Nice post. Tesla stock may have been overvalued as it is losing post-election gains after Musk backed Trump (not sure why rational investors did this), but still is in positive ground for the year, and Musk also is creating brand hostility, which is a long term problem. But it looks like the market is pretty bearish on electric car makers and a lot of this may be investors taking a closer look at electric car makers that seem to only survive by being propped up by government support. Tom, for a couple dollars you can buy a share of Lucid stock if you want to lose some money. Tesla seems more a technology company than a car company (just try the unique service experience), but Tesla's continuing high value is based on robotaxis and robots it hasn't yet produced, not the sales of EV cars. The market seems to backing away from investing in EV car makers.


Let's knock off the tariffs and try free trade. And then reconvene on both teslas and EVs in general.

PS: I think this article said that BYD has reached an all-time high AND come out with charging that beats Tesla's superchargers, which you (justifiably) rave at elsewhere. But why won't we see them here?

https://finance.yahoo.com/news/tesla-short-sellers-land-16-150958020.html
To answer your question, you don't see BYD because of the tariffs imposed by Trump and then Biden, due to Chinese government subsidies. Europe supposedly will be providing import taxes to support European automakers, but BYD may be trying to quell that by producing cars in Hungary.
wifeisafurd
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Cal88 said:

wifeisafurd said:

concordtom said:

BYD Tang hybrid
$24,500
700 mile range.





In the world of stupid off-topic posts, this post may be a winner.

Gee Tom, BTD stock, and stocks of Tesla's stick should be sky rocketing. Right? Taking advantage of the Tessal "collapse" in stock price that has you calling for Musk to be fired.

Well major investor Warren Buffett dumped BYD stock and its market valuation tanked. Nice post. Tesla stock may have been overvalued as it is losing post-election gains after Musk backed Trump (not sure why rational investors did this), but still is in positive ground for the year, and Musk also is creating brand hostility, which is a long term problem. But it looks like the market is pretty bearish on electric car makers and a lot of this may be investors taking a closer look at electric car makers that seem to only survive by being propped up by government support. Tom, for a couple dollars you can buy a share of Lucid stock if you want to lose some money. Tesla seems more a technology company than a car company (just try the unique service experience), but Tesla's continuing high value is based on robotaxis and robots it hasn't yet produced, not the sales of EV cars. The market seems to backing away from investing in EV car makers.

This view is outdated, I used to believe that too. The EV and related battery product cycle is still in its early phases, constant technological improvements and intense competition are propelling the EV market ahead of the ICE market.

Here are the main reasons EVs are starting to replace ICE cars in open markets like Australia, Brazil, Mexico etc:

  • Lower price for the equivalent auto/truck
  • Better performance
  • Comparable ranges in new models, potentially longer ranges in future ones
  • Lower energy costs (zero variable costs if you have solar panels)
  • Lower maintenance costs (fewer moving parts)
  • Silent, smoother operation
  • No pollution

I think part of the reason Buffet sold off his BYD stake is due to the current political climate of decoupling with China, and his assessment of future further deterioration in Sino-American relations, rather than a pure business decision.
BYD's anemic capitalization compared to Tesla is partially due to its thin margins, and the perception of Chinese companies make crappy cars (which may be overstated), and political risk. I suspect the thin margins go away if China is forded to stop or reduce subsidies, and BYD's car prices then increase. I suspect the nest technology is self driving cars (AVs and opposed to EVs) and I'm not sure what that does to the car market. Tesla vs Google for world domination?
wifeisafurd
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bearister said:

"What I would expect from a financially illiterate person.

Maybe just stick to posting music videos?"

Hey Furd,



*You certainly have a lot of pent up hostility for someone I literally never engage with. Did I hurt your Trumper feelings somewhere along the way? If I post a Lee Greenwood music video will it soothe your savage beast?
So we can see by your reasoned response that you in fact don't have a clue about how taxes are accounted for on corporate financial statements and have to blindly restate articles that are based on faulty knowledge, something Diablo and I have noted from time to time when it comes to financial matters.

Animal House - Fat, drunk and stupidYouTube Richard S. DarganApr 29, 2011
bear2034
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