• @[email protected]
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    17 hours ago

    Tesla’s valuation never made sense, and now its target market is limited to environmentally conscious Nazis.

  • @[email protected]
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    681 day ago

    Whats crazy is that even after losing more than half its value recently, it still has a PE ratio of around 128. Lol Can’t wait for the earnings to be released in April for the real bloodbath to start. Would be hilarious if it drops so much that FElon get’s margin called 😂

    • @[email protected]
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      111 day ago

      That would be wild lol. Trump has a storied history of turning on people who expend their usefulness to him, and often viciously. Many of the things that prop Musk up now can switch and work against him.

      • @[email protected]
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        331 day ago

        We will hear an immediate news bulletin that all post office vehicles will be model Ys or something like that.

      • @[email protected]
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        161 day ago

        If you default on your mortgage, you’ve got a problem. If you default on Twitter, the bank has a problem

        • @[email protected]
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          101 day ago

          Aljazeera | How Elon Musk funded his $44bn Twitter takeover

          A curious read, seems he spent $27bn in cash on the transaction - so he ‘only’ has loans on ~$17bn, across a swathe of investment groups, wealth funds and banks. Basically, I don’t think a margin call is imminent.

          Which is a bit of a shame, as it would be somewhat hilarious to see it fall into the hands of a bank like Chase - being such a toxic asset at this point, to know whether they’d try to salvage/pivot it (ideal, but unlikely) - or just sell it on and write off the loss.

  • @radiohead37
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    821 day ago

    Global sales of electric vehicles, including fully electric and plug-in hybrid models, increased 21% in January from a year ago, even as Tesla’s sales declined.

    I found this part the most interesting. I was under the impression that EVs in general were on a downturn, but it seems it is only Tesla. Time to remove Elon from Tesla.

    • partial_accumen
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      421 day ago

      I was under the impression that EVs in general were on a downturn

      The EV naysayers are likely to blame for that impression. EV growth rate has declined. EV sales are still growing, just at a slower rate that before.

      • @[email protected]
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        111 day ago

        I bought an EV in November and everyone in my red state loves to ask me questions about it. Some start in a condescending place but most are genuinely interested in them.

        • @[email protected]
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          31 day ago

          What model?

          Some start in a condescending place

          I wonder why that would be a starting position.

          • @[email protected]
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            1 day ago

            It’s a KIA EV9. Was the only one with a functional 3rd row that isn’t $80k+. I enjoy it so far.

            It’s the initial redneck response in my experience. They assume it’s slow, complicated, and unreliable. They usually want to sneak in a “you know you still power that thing with coal” comment as well. Even if they don’t say it you can see it in their eyes. I will usually mention my solar panels and offer to race them in their truck 😎

    • @[email protected]
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      131 day ago

      I think they’re on a downturn in the US with interest rates being so high and rebates evaporating away, but globally they’re doing well with all the shenanigans going on in China as well as Europe being more forward thinking.

      • @[email protected]
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        1 day ago

        Incentives evaporating, chargers not getting built, legacy manufacturers backing away from EVs on the promise of cheap gas, revoked efficiency requirements, and no regulation of carbon emissions. US never did get to the point of a healthy EV ecosystem, and now we step back to square one

    • masterofn001
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      71 day ago

      I found this part the most interesting. I was under the impression that EVs in general were on a downturn, but it seems it is only Tesla. Time to remove Elon from Tesla.

    • @[email protected]
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      1 day ago

      It’s pretty weird to watch markets - S&P 500 is down more than 3% this week, while international index like VXUS has gone up nearly 1% this past week.

      Seems like little d and fElon are doing a helluva job. I think this kind of thing is…rather unusual. VXUS did have a bad day today, but still not as bad as S&P.

  • @[email protected]
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    471 day ago

    Keep boycotting, and join protests outside Tesla showrooms. ~60% of Musk’s wealth is in Tesla shares. Tank the stock and tank his wealth and thus influence

    There are protests all across the US and starting to spring up in other countries. Here’s a list of upcoming ones + a guide to help organize one around you if none exist

    https://actionnetwork.org/event_campaigns/teslatakedown

    • @[email protected]
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      131 day ago

      The guy is a welfare queen who thinks he’s a hero from one of Ayn Rand’s horrible sci-fi novels.

      It’s too bad he’ll be able to send more money to his companies because he bought little d.

      • @[email protected]
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        1 day ago

        Tesla share price is largely off of vibes, not how the company is actually doing. Boycotts and protests hurt the vibes more than the Trump money slush fund helps the vibes

        If it was prices like every other automaker based on profit, it’d be enormously lower in price than it is

        • @[email protected]
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          31 day ago

          vibes

          Oh, I don’t doubt it for a minute. I’ve been giving that P/E ratio side-eye for years and years and I have no idea why people were wanting to buy some meme stock at ATHs because they just saw it go up (well, I do know, that’s largely how human psychology works, I guess. FOMO and figuring that looking in the rear view mirror is a great way to buy stock).

          VW has an EV, P/E ratio in single digits now, though it has apparently spiked in 2016 to triple digits. Ford also has an EV, same thing, P/E ratio of single digits, though they have crept up to double digits in the not too distant past.

          P/E ratio of TSLA in March 7, 2025 - 161.23. That’s still insane, but if you look back, they had P/E ratio over a 1100!

          It gets even worse when you watch videos like the ones thunderf00t has put out there on fElon…

  • @[email protected]
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    411 day ago

    Those are rookie numbers… I hope see it drop to its pre-pandemic valuation over the next year 📉

  • @[email protected]
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    31 day ago

    All because you thought he made a Nazi salute and he’s working with Trump.

    No other valid reason. Wild and pathetic.

    • @[email protected]
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      1024 hours ago

      If it wasn’t a nazi salute, then why won’t any other right-wing politicians, commentators, or pundits do it?

      They have been challenged to, and they all skirt around it.

      They claim it was a different gesture, along the lines of “giving my heart to you,” but then won’t do the actual gesture.

      Charlie kirks’ attempt to write off the obvious nazi salute was especially funny:

      https://youtu.be/x7Nz6QbCrIE?si=QGujE9rfUbL1RNzQ

      It’s not even close… not even close…

      They won’t do it because they all know what it was. They know its wrong. They know only elon would get away with it (and possibly trump) because they are the leaders of the cult.

      The only other person who did it (weakly, as far as i know, and almost didn’t do it) is this guy:

      https://youtu.be/7E9pXCuJnbc?si=tlILPBss46q0SPXV

      It was so awkward. He even had to give a little nod to himself afterwards when it didn’t go down badly, as if he was sighing in relief.

      It’s pathetic that people try to defend it. It is obvious what it was.

    • Lenny
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      724 hours ago

      There was that time he called a rescue diver a pedo because he wasn’t allowed to use his unsafe sub. Oh, and his blatant takeover of the government.

    • @[email protected]
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      24 hours ago

      Can you show me data to justify TSLA for even trading at as high a price as it has considering it’s assets, quality control, competition, product launch failures, etc?

      As far as I’m concerned, it’s BEEN overvalued to hell just on the back of Elon Musk’s name. So why can’t it swing back the other way for the same reason?

  • IninewCrow
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    121 day ago

    I wonder what crisis they’re going to create to distract, dismiss or deny that this is happening