Bullish stock up 25%
But don't forget the chain of fast food joints!! - stock up 50% !
Well for once the stock went down 8% yesterday but today is a new day for Muskrats
Failing and failing fast. Musk will run out of funding to prop up the shares at some point. The fundamentals are doa. Take the self crashing taxi service. The Total taxi market in the USA is just $22B per year and declining. That’s less than a single quarter of Tesla’s falling revenue. So even if full self driving worked, and it doesn’t, and Tesla could somehow take 100% of the market, it still wouldn’t make up for the drop in sales. Carbon credits, Tesla’s lifeline, is dead by end of year in the USA and dead in Europe as EU car makers are self sufficient in their own EV production. So that puts Tesla in the red. Solar just hasn’t been delivered. Grid battery storage is the only growth area. Competition is high and the total market is only at $7B and growing at 17%. So again getting 100% of all possible contracts doesn’t plug the gap.
More of this sort of thing
$18 hot dogs. Cathie Woods has seen the kitchen and she's sold. She's raising the price target another 1000%.
You seem like a reasonable guy, able to analyse facts and being rational. this stock will fuck you up. run as fast and far away from it as you can
I’m not investing in Tesla now or ever.
Stock should go much lower. No good news in the future.
“If we lose less than 100% of sales every quarter, sales can never reach zero.” - fElon, probably
So stock price to the moon? Lolll
Tesla revenue fell 3B for the quarter which annually turns into 12B. The taxi market you are referring to is only the traditional. Digital (like uber and lyft) is over 36B. combined taxi and limousine (ex. digital) is 75B. On paper, it can compensate for the lost revenue. Consider that these figures exclude important countries like china which have potentials for the revenue. I’m not a tesla stock fan, though I can see why some see that as a good investment.
Robotaxi “launching” this weekend in San Fransisco this weekend. Crazy they’re allowed to do this with all the problems that came out after the Austin launch.
That's slaying a dragon with a butterknife levels of likelyhood you just described there, particularly because you are forgetting all about Teslas vision of the consumer cost being slashed in half or more too.
"Bad quarters now will mean better YoY numbers next year" * fElon, probably
My understanding was they didn't even have the cali permit yet?
AAANNNDDDDD were up 5$ on this awesome news. Such a solid buy!!! /s
Meme-stock go up!
not a single post in the main sub about q2 results lmao
I'm not surprised, and I'm sure people got banned if they tried to post anything negative about Tesla
I mean, at least Elon is currently broken up with the pedo king, so that's something.
That is what I read as well. They have not even requested access and no permits have yet to be filed. 2 months is not happening.
What if it works? #fsd
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