I'm starting to think the insane marketcap is not that insane after all
Nobody caresWhat has a primarily through communism propped up toy car companies shit to do with /biz/?Fuck off and kys socialist scum
>>61822377With $1.5T marketcap it seems that a lot of people care
>>61822365> Latest News: 4 dead after Tesla drove itself into a crowd in Alabama.> Tesla's stock plummets 30% while regulators are trying to determine if the so called 'self-driving vehicles' are too dangerous for society.
>>61822541> Price to earnings ratio: 382
>>61822365its not a car company. get this through your thick skull.
>>61822541Tesla is the Buttcoin of stonks. It's fundamental value is almost nothing.
>>61822551At some point self driving becomes 10x safer than humans driving and they'll mandate every car to adopt it. Then they'll phase out human driving on public roads next.I thought we are 20 years away from that, but looking at Tesla FSD v14 it seems a lot closer
>>61822541Its a re-leveraged ponzi scheme Just because line of price high doesn't mean that their is any natural demand.You are only deluding yourself with the rehypothecation scamming Try to cash out
>>61822563This might work (and even be a good thing) in Buglandia. But American consoomers are not going to give up the Freedom of the Road they paid 10's of thousands of dollars to experience. It will get adopted by women who want to social media on the road and that's about it.Car/Truck culture is just as strong as Gun Culture in America.
>>61822571Less people bornLess people require any carPut on top the urbanization and the car industry in general is dead only propped up by communist subsidies and misinvestment
>>61822578Less cars on the road solves most of the problems self-driving was meant to fix in the first place.
>>61822578Btw I'm not saying there's no VALUE to self-driving, just that people won't have it en masse.Convincing Americans to let go of steering wheels would be harder than getting jeets to use toilets.
>>61822597It's already better than senior drivers.But if it reaches full self driving where you don't even have to look at the road, then you can just watch a movie or browse tiktok while in the car. I bet most younger people will opt for looking at brainrot instead of "feeling the freedom of driving" in majority of cases. Especially when urban driving.
>>61822597you wont be able to convince people who are already driving on their own, these generations are lost but I am sure people who are new to driving would be more open to this kind of stuff. wont happen over night but it will happen.
>>61822617Well, first they have to get the random crowd-mowing-down below "typical Chinese motorist" levels.
>>61822580>>61822597Less people More urbanization Overall less demand for mobility No matter if self driving or stick drivenProduction efficiency doesn't solve fundamental demand side problems That's what melon husk and his ilk don't understand
>>61822365Bought a used Tesla for 25k, it’s driven me 10k miles. I do not drive anymore. It’s fucking amazing. That’s to say nothing about the other features too and charging my car to 100% for $8. Feels good man.
>Wide American acceptance of Chinese EV>Xi keks and pushes the red button>mfw Steven King was a visionary
>>61822955*until you need to replace the old battery
>>61822365350+ p/e is fucking stupid
>>61822965https://youtube.com/shorts/Ts4cr6ZeluY?si=T8a3tcc4InxDWl0tYes when it hits 300k+ miles, and then I’ll have to pay $5k to replace it like this guy did. Oh no… :(
>>61822985I knew a guy with a pickup with over 600k miles. Your experience MAY not match the current record holder. Just sayin.
>>61822365The question is not if it is good, the question is how good is it compared to the competition (including the international competition, since the bulk of the market is the international market)
>>61822980If his plane crashed tomorrow, his stocks would crash even harder. There's not a lot of fundamental value to a car company that gave all it's trade secrets directly to the Chinese so they could be undercut. It's all a cult of personality.
>>61822561so much data
>>61822561It's a Cult of Personality that buys tech companies and channels retarded exuberance into their stock prices. The Endgame is all the cultists dying of radiation and privation on Mars, rather than drinking adulterated Kool-Aide.
>>61822365do the cars still spontaneously combust ?
>>61822555After earnings do a 10x this will go down to 38.2 learn2math
>>61823013its fine because his company controls teh charging network which is the life blood of the ev marketwhat mattered the most is the reduction in greenhouse gas emissions from combustion engines
>>61822365I would get drunk and let it self drive all the time
>>61822377>what does one of the most valuable corporations in the world have to do business and finance
>>61823247>valuableit has no value in an environment where its demand is a function of how much the European Union subsidizes toy car purchases, with the EU being on a straight path to a worse version of Japan and China regarding economic and demographic deflationTesla is a worthless toy-car company kept afloat by uncovered communist debt
>>61823003if that 600k car breaks down how much would it cost to fix it?
>>61823215It still would be an expensive stock you idiot
I love how much Seethe this company and Musk in general seems to create
>>61822365i wonder what theyre doing for parameter optimization probably poja shit
>>61823232>Implying the Chinese won't establish their own charging infrastructure. All they have to do is give Trump the Chinese Peace Prize and buy a few million Drumpcoins. They know how to shit together some infrastructure in a hurry.
>>61823003300k isn’t the record holder it’s just some random guy. There’s tons of them.
>>61822365No it isn't.
>>61822571It might work if it gets cheap enough, but only if you can pay $1 per car ride + gas fees. I refuse to tip the robot more than $1 per ride.
>>61822365I just got an interview at Tesla for Residential Operations (Energy). Any advice? What am I in for?
>>61822365Waymo is better and they're going to be selling their self-driving tech to all of Tesla's competitors. 400 p/e in an industry that has an average closer to 10 for a company that doesn't have a monopoly, is facing increasing pressure both domestic and international, in an industry with decreasing demand (ford moving away from their highly acclaimed ev), that is actually shrinking in revenue, income, gross margin, and relies on fading government subsidies.
>>61827672>hey car manufacturers just strap on $100k+ of lidar and other sensors, cameras and software to your shit box vehicles if you want to have even a small shot at competing with teslas $40k self driving cars Top Kek.
>>61824298They could sell them as designer bath tubs
