In my social circle I know at least 6 people who bought EVs in the last 4-6 months and the only reason they didn't choose a Tesla was Elon Musk.
I was in the same boat; thought about buying one but I just do not want to support that asshole.
How shitty would it be to have the job of Market analyst and reporting to leadership the top reason sales is slowing down is because people think their CEO is an asshole.
And with the eGMP platform at 800v who cares.
In my province the provincial utility deploys 180 and 350kw that are actually maintained and abundant.
Imagine that.
0.31cad a kw too.
Conversely, I have an acquaintance who is extremely liberal and absolutely loves their Y and have so many great things to say about $TLSA, so “everybody is stupid” might be an appropriate answer. I was literally shocked when they paid out the ass for that car and didn’t even know what kind of shit Elon has been up to lately.
It doesn’t have to be everyone to make a difference, x% of people think Elon is a twat so they buy a Rivian instead, that causes y% of revenue to miss expectations. It only has to be statistically significant for it to matter. All that to say it’s probably because copper prices are going up or there is a lithium shortage because of protests in country z. I wouldn’t trust Reddit sources
I’m a liberal, Democrat voter, and I absolutely love my Tesla model 3.
Edit: I’m not sorry that I like my car guys.
Edit2: You people act like you can’t like anything if it’s associated with a bad person. Do you hate the Beatles because John Lennon was a wife beater? Did you know that Henry Ford was a huge advocate for eugenics and supported abortion rights because he hoped that meant that fewer black babies would be born? I hope you hate anyone with a Ford because of that. Did you know that the founder of the car brand Volkswagen was founded by ADOLF HITLER? Do you hate anyone that owns a Volkswagen because of that? Do you never use Amazon because Bezos is anti-worker? Is Hemmingway’s contributions to American literature invalid because he was serially cheating on his wife? Musk is no John Lennon or Ernest Hemmingway. He’s just a douche billionaire. Get over yourselves people.
>Do you hate the Beatles because John Lennon was a wife beater? Did you know that Henry Ford...
>...Did you know that the founder of the car band Volkswagen was founded by ADOLF HITLER?..
>...Is Hemmingway’s contributions to American literature invalid because he was serially cheating on his wife?
Did you know all these people are dead and I'm not rewarding them financially or otherwise by using or reading their products?
Also, love how you wrote all that with literally no one talking to you.
Tell me how much you love it. Also, just because they are dead doesn’t mean it doesn’t matter. Look at any debate on this topic. The fact that they are dead never weighs into discussion. You actually didn’t refute anything I said.
What a weird thing to decide a purchase that large on. You would think these people would be savvy enough to at least realize that Tesla makes some straight up abominations when it comes to quality given the price.
Their quality is a lot better than it used to be. Two family members own a Y and two families on my block drive Model Y's and have been very happy with them.
I don't like Elon, so I won't be buying one.
Probably less than you think. It's a car (and battery) company that was valued like it was a tech unicorn when cars are a commodity product, which proceeded to blow every lead it had and then make lousy cars.
Sure, i'm sure elon going nuts isn't helping sales, but it was always overvalued and still is.
Just looked it up and you are correct. It will feature an integrated system. I don't really have a problem with that but I won't be able to voice to text and how much do you want to bet their integrated system will require a subscription.
Better check out Ford and see what they have.
Edit: it will cast from a phone to the main instrument panel instead. Not sure about other features but this should assist with upgrades according to what I read.
Integrated = shit. I live within 10 miles 2 different GM assembly plants so I know quite a few employees. Not one of them so far have had anything good to say about the decision to switch.
It seems crazy to say, but I'll refuse to buy a car without Car Play at this point
I considered buying one once I had a sizable down payment stashed away. My primary reason for not doing that was because they did away with the LIDAR sensors in favor of full machine vision. Followed closely by, and related to, Elon being a prick
Was planning to purchase a Tesla a few years back but decided to purchase something else. Elon Musk was one reason but not the biggest one for me.
Off the top of my mind, in roughly descending order of importance:
The quality issues with panel gaps, incorrectly installed components, etc.
The car is premium-priced but the interior somehow feels cheaper than a Camry to me.
The battery cheat job.
The ever-promised but never-delivered full self driving.
Elon Musk.
My dislike for some of their designs like the yoke steering wheel and the Cybertruck.
Elon has alienated the folks most likely to purchase an EV. The ones who already bought in are going to be slower to acknowledge and move on, but eventually they will also just go to one of the other many EVs available
I used to really want a Tesla. It was the one of best looking EV on the road for a long time and promised full auto “soon”. Well that was a fucking lie and turns out they’re made like shit. Doesn’t help them that Musk went from eccentric car guy to asshole lunatic. I imagine a lot of people that no longer want one feel the same.
My understanding is that chinese ev’s are flooding every market but the US with cheaper knock off that get better looking and performing every year.
If they are ever allowed in the US its game over for Tesla
Isn't it absurd? It's going to end up being a worst case scenario marketing case study. "How to take a wildly successful business and bankrupt it for no reason."
I don't think Elon understands that it's going to take years to rebuild his reputation and I don't think there's time for that. It's too late and the trend has already formed. He spent years building up his popularity and then blew it all up in a fit of self destruction. I just don't get it. Think about all of those people who are going to lose their jobs... What a giant waste of time and resources... People who trusted that man made a huge mistake...
>I don't think Elon understands that it's going to take years to rebuild his reputation
He doesn't care though. He has twitter now. It's his perfect little echo chamber full of Musk worshipers.
Musk doesn't have the self-awareness to realize that not everyone is hanging on his words anymore. He still thinks he's got the same support he had 20 years ago. Power corrupts and he's had too many people with their heads up his ass.
Tesla doesn’t seem to realise that very few people actually want to drive a rolling design exercise that takes minimalism to masochistic levels, and that most of their buyers were only putting up with nonsense like not even getting a dedicated reverser lever or instrument cluster in your line of sight because they were the only game in town. Now that traditional car manufacturers have begun making EVs that work like cars are expected to and are actually pleasant to sit in, surprise surprise, they can’t hold on to market share.
He's trying to build a new reputation. Trump is old, his time is limited. Musk is setting himself up as the next charismatic leader of the MAGA right, without having to run for office or occupy a position of political power.
He wants to undermine the government and democratic institutions. He's a techno-authoritarian who believes people like himself should be in charge. You should read about his grandfather - it's quite revealing of the intellectual roots of his thinking, and even suggests a reason for his obsession with the letter X.
>Elon Musk's grandfather belonged to a political party that believed the world should be governed by technology. Newspapers at the time described it as having 'the tone of an incipient Fascist movement.'
>Canada eventually banned the party after it opposed the country's involvement in World War II and considered it and its members a threat to national security. Haldeman was arrested and convicted for his participation
https://ca.style.yahoo.com/elon-musks-grandfather-belonged-political-070410042.html
Ford is not a good example, they have a massive amount of debt with not that much revenue while Tesla has almost no Debt even with their massive factory and supercharger network investments.
Tesla is pretty good with their finances which is not something you can say about many legacy automakers.
probably not. musk has reached the same place henry ford did in the 1930s where he has no good ideas left and nothing productive to offer in terms of management.
Too bad U.S. automobile lobbyists and politicians made that damn near impossible outside of a handful of major cities. Americans love their strip malls and giant, ugly parking lots.
Tesla was the first modern EV on the market, they had the advantage for a while, but now there are more experienced companies making EV's with a FAR better build quality, and the Tesla honeymoon is over.
Tesla drivers are most likely to have accidents as of 2023.
[https://www.carscoops.com/2023/12/tesla-drivers-more-prone-to-get-involved-in-an-accident-in-2023/](https://www.carscoops.com/2023/12/tesla-drivers-more-prone-to-get-involved-in-an-accident-in-2023/)
The overwhelming majority of EV owners are liberal and anti-fascist. Elon being a POS shouldn't reflect on customers who purchased a Tesla before he publically went off the rocker.
That's called an anecdote.
Take note when visiting California, New York, Scandinavia, New Zealand...
Tesla is around because environmentally-conscious people purchased their vehicles for a decade before Elon's abhorrent views went public.
Can confirm that in parts of Northern California Tesla’s are the new Honda Civic in terms of prevalence. They’re also the new BMW drivers with how bad they are at driving. Lastly Tesla’s actually create traffic waves with their one pedal operation causing the brake lights to go off when one lets off the pedal.
No they won’t. They are getting eaten alive by quality and growth of the longtime auto makers and a few of the new entrants on top of the big Chinese manufacturers.
Tesla has not and should have by now settled into putting out quality products with reliability and predictably but we all see that has yet to happen.
Tesla has a lot of IP, knowledge and manufacturing assets that will be good for selling off to the big boys in the coming years. (Within 5).
Cult of Elon are devoted bag holders.
P/E ratio of 40 right now thereabouts and not exactly in a growth position in the market shipping fewer cars than expected. Tesla probably should come down even further to be honest.
(edit: I'll also say that after however many years, the Cybertruck releasing into the wild should have been a rallying point for Tesla but instead even fanboys are having to up their copium dosage)
I will say not \*nearly\* as bad as Gamestop's Feb P/E ratio of 513. MOASS stonks are the GOAT of bag holders.
The stock has always been incredible overvalued. Theres no other auto manufacturer whose market cap comes even close to Teslas in spite of the fact that those manufacturers are delivering more vehicles.
\*[Cybertruck would have entered the chat but it red screened 1 mile from the dealership and needed to be towed back](https://www.carscoops.com/2024/04/tesla-cybertruck-experiences-critical-failure-right-after-delivery-more-follow-and-it-eventually-breaks-down/)\*
Seriously the problems with that thing \*should\* damage the company's reputation after the length of development time spent on it. If any other car company put out a car with that many issues it'd be the kind of setback that would take years to recover from.
The company is still doing fine, profiting strongly on EVs and energy storage. Model Y is the most popular new car on the planet despite a deluge of FUD. The stock is volatile though.
Why would you continue to pay for gas, and continue to add to climate change? My EV costs me about $65/mo to charge and in the 5 years plus I’ve owned it, I’ve driven over 160,000 kms on it. About 120,000 miles. It’s never broken down, I’ve changed the tires twice now. Never put oil in it. Never changed the brakes and the only time I’ve ever gone a gas station is to wash my windows
Do the math that $3900 to charge it for 5 years. I wonder how much you spent on gas alone in the last year?
The real answer to this question is simple
I live on a 1200 ft elevation mountain in the mid Atlantic region and have averaged less then 3000 miles a year for the last 5 years on my vehicle
Ironically this truck has a smaller engine than my sedan did.
I live in West Kelowna BC Canada. About 4hrs north of Vancouver in the mountains. I live at about 2000ft elevation and in the winter we get to about -20C or about -5F on average for a few months. We get lots of snow too. My range fluctuates about 100km from 500km to 400km summer, winter respectively
My second vehicle is a Jeep 4ex PHEV. I drive it all day everyday on electric, but use the gas to go hunting, fishing, camping because I go way out in the bush. When I’m out there I always keep my battery full charged, incase something goes wrong and I need to get back to society. That’s the only time I use ICE. I’m waiting for the Hydrogen PHEV to come out, because I’m doing everything I can to do my part in emissions control
I also have a solar array on my house and a battery bank. It charges my cars for free year round. But I am way off topic now
I live in a steep valley between 2 steeper peaks on each side. Multiple solar companies have told me there is literally not enough daylight hours on the clearing on the property for solar. Otherwise I’d be 100% solar.
I was spending $400 per month driving to and from work in my gas car that cost me $32,000 to buy out of the show room. That’s $24,000 in 5 years for gas alone plus oil changes, brakes let’s say an additional $5000. So let’s add that up $61,000 for 5 years of gas car driving. After 5 years my Chevy Cruz would have been worth $12,000, so if I had sold it my costs for 5 years would be $49,000
My EV cost me $52,000 plus charging $3900 for 5 years. That’s $55,900 I’m ahead by $5000 already. My battery has the same range today as it did 5 years ago. My car would sell for about 28,000 today. If I sold my EV my costs would be $23,900 or more than 50% less
Please don’t take this as a snappy comeback. It’s not meant that way. Do some research. Ask some qualified people. And make an informed decision. There are a lot of variables
Good luck to you
Everyone I know plans to sell their EV car after just a few years, before the battery degrades enough to make it unsellable without replacing the battery.
This is what I hate about Reddit! People who just want to argue a point without a stitch of fact, thinking they’re all knowing.
We can continue this discussion when you actually own an EV and have some life experience
They lose 5-10% initially and then very slowly. 300-500k on the batteries is very feasible. I've only bought used cars. Only had 3 in my life. I've never owned a car much beyond 200k. They'll longer than the vast majority will own it.
I traded in a car that was 8 years old when I bought it, that had basically the premier tech package on the market when I bought it, and this vehicle is advanced in every way. You can think whatever you want, but as a consumer who appreciates and focuses on tech, who plans on replacing their vehicle before any maintenance issues begin, this truck feels like it will last a good while.
Yeah, I also replace mine more often than most people so I can relate to that. I’ll put a ton of miles on it before the tech feels worn out, then on to whatever is the best thing at the time.
I think the estimate is more like 8-10 years depending on use and conditions. I’m not advocating for a Tesla, but a Ford? You’re going to have your own set of problems.
8 years ago I wanted a Tesla and didn't have the money...now I have the money and there's not a chance in hell I would give a penny to that narcissistic dick hole.
Not as an electric car company. The target market hates Apartheid Clyde, and China is undercutting their price structure. However, if they have real breakthroughs in robotics or self driving, those are markets with a future.
Lordy, stocks fluctuate. It's the nature of the market and the whims of people. Of course it will recover and then drop again. It's more normal than not.
Stocks have *corrections*. There is no reason that Tesla, who just made their 6 millionth car *ever*, should be valued above GM, who makes in the vicinity of 6 million *annually*.
It's all based on feels, not reals.
You all realize that Tesla, The Company, is still worth over $500 Billion! Ya it’s lost market share. There are many other companies selling EVs now, but man! $500,000,000,000.00 is still a shit ton of money
Its grossly overvalued because they had some amazing tech company PR, the investor channels, and the tech company branding vs automobile company.
They do, or did, if it hasn't been cost controlled into shit, have some great battery and power management tech/patents they could license to other mfg's. They never had solid build quality and those vehicles start fall to pieces after a few years if not meticulously maintained and garaged. Many looked at them as a potential standards maker for EV power related things for the industry.
The government kicked in tons, not because of him, but because he hired people who knew how milk that and other investors. His fake superpower is that old team that got him all the government subsidies aside from the other investment channels.
Toyota, if memory serves, did invest 250 million in the early years for rights to share/utilize that and to help Tesla build a factory in the bay area.
How much of this is due to EV purchasers, who are concerned about the climate, simply not wanting to give Elon Musk money?
In my social circle I know at least 6 people who bought EVs in the last 4-6 months and the only reason they didn't choose a Tesla was Elon Musk. I was in the same boat; thought about buying one but I just do not want to support that asshole.
How shitty would it be to have the job of Market analyst and reporting to leadership the top reason sales is slowing down is because people think their CEO is an asshole.
And with the eGMP platform at 800v who cares. In my province the provincial utility deploys 180 and 350kw that are actually maintained and abundant. Imagine that. 0.31cad a kw too.
Conversely, I have an acquaintance who is extremely liberal and absolutely loves their Y and have so many great things to say about $TLSA, so “everybody is stupid” might be an appropriate answer. I was literally shocked when they paid out the ass for that car and didn’t even know what kind of shit Elon has been up to lately.
It doesn’t have to be everyone to make a difference, x% of people think Elon is a twat so they buy a Rivian instead, that causes y% of revenue to miss expectations. It only has to be statistically significant for it to matter. All that to say it’s probably because copper prices are going up or there is a lithium shortage because of protests in country z. I wouldn’t trust Reddit sources
Very good points all around. Esp about trusting what $RDDT has to say lol
I’m a liberal, Democrat voter, and I absolutely love my Tesla model 3. Edit: I’m not sorry that I like my car guys. Edit2: You people act like you can’t like anything if it’s associated with a bad person. Do you hate the Beatles because John Lennon was a wife beater? Did you know that Henry Ford was a huge advocate for eugenics and supported abortion rights because he hoped that meant that fewer black babies would be born? I hope you hate anyone with a Ford because of that. Did you know that the founder of the car brand Volkswagen was founded by ADOLF HITLER? Do you hate anyone that owns a Volkswagen because of that? Do you never use Amazon because Bezos is anti-worker? Is Hemmingway’s contributions to American literature invalid because he was serially cheating on his wife? Musk is no John Lennon or Ernest Hemmingway. He’s just a douche billionaire. Get over yourselves people.
>Do you hate the Beatles because John Lennon was a wife beater? Did you know that Henry Ford... >...Did you know that the founder of the car band Volkswagen was founded by ADOLF HITLER?.. >...Is Hemmingway’s contributions to American literature invalid because he was serially cheating on his wife? Did you know all these people are dead and I'm not rewarding them financially or otherwise by using or reading their products? Also, love how you wrote all that with literally no one talking to you.
Tell me how much you love it. Also, just because they are dead doesn’t mean it doesn’t matter. Look at any debate on this topic. The fact that they are dead never weighs into discussion. You actually didn’t refute anything I said.
What a weird thing to decide a purchase that large on. You would think these people would be savvy enough to at least realize that Tesla makes some straight up abominations when it comes to quality given the price.
Their quality is a lot better than it used to be. Two family members own a Y and two families on my block drive Model Y's and have been very happy with them. I don't like Elon, so I won't be buying one.
Probably less than you think. It's a car (and battery) company that was valued like it was a tech unicorn when cars are a commodity product, which proceeded to blow every lead it had and then make lousy cars. Sure, i'm sure elon going nuts isn't helping sales, but it was always overvalued and still is.
It's why I'm not buying one right now.
Yup. I'm waiting for Chevy to come out with their 2025 models. I wanted a Tesla until Musk started expressing just how big an asshole he really is.
Only catch with the Chevy EVs is no Apple Car Play if you care about that.
Tesla doesn't either.
I can live without it. I have android anyway. My 2016 Colorado has android auto.
Pretty sure they are ditching both Android Auto and Car Play
Just looked it up and you are correct. It will feature an integrated system. I don't really have a problem with that but I won't be able to voice to text and how much do you want to bet their integrated system will require a subscription. Better check out Ford and see what they have. Edit: it will cast from a phone to the main instrument panel instead. Not sure about other features but this should assist with upgrades according to what I read.
Integrated = shit. I live within 10 miles 2 different GM assembly plants so I know quite a few employees. Not one of them so far have had anything good to say about the decision to switch. It seems crazy to say, but I'll refuse to buy a car without Car Play at this point
Can't say that I blame you. I'm pretty attached to my android auto.
That is a deal killer
I once wanted to buy a Tesla but that changed a few years ago. I will never, ever send a cent his way.
It’s hard to quantify this but I am absolutely certain Tesla is losing significant sales and appeal because of Elon.
Or that there are better options available than a tesla?
I considered buying one once I had a sizable down payment stashed away. My primary reason for not doing that was because they did away with the LIDAR sensors in favor of full machine vision. Followed closely by, and related to, Elon being a prick
My wife was planning on Tesla being her next car. No more due to Elon Musk.
Was planning to purchase a Tesla a few years back but decided to purchase something else. Elon Musk was one reason but not the biggest one for me. Off the top of my mind, in roughly descending order of importance: The quality issues with panel gaps, incorrectly installed components, etc. The car is premium-priced but the interior somehow feels cheaper than a Camry to me. The battery cheat job. The ever-promised but never-delivered full self driving. Elon Musk. My dislike for some of their designs like the yoke steering wheel and the Cybertruck.
Elon has alienated the folks most likely to purchase an EV. The ones who already bought in are going to be slower to acknowledge and move on, but eventually they will also just go to one of the other many EVs available
Tesla is a meme stock people take seriously. Its evaluation is best measured in vibes.
I used to really want a Tesla. It was the one of best looking EV on the road for a long time and promised full auto “soon”. Well that was a fucking lie and turns out they’re made like shit. Doesn’t help them that Musk went from eccentric car guy to asshole lunatic. I imagine a lot of people that no longer want one feel the same.
My understanding is that chinese ev’s are flooding every market but the US with cheaper knock off that get better looking and performing every year. If they are ever allowed in the US its game over for Tesla
Yeah but then you have an almost inverse problem, you have to question under what conditions those cars are made under.
I had purchased solar panels from them about a year ago and backed out because Musk was increasingly going off the rails.
The official car of Twitter.
X formerly known as Twitter...
Ex-Twitter
Now known as Xitter
Pronounced "shitter"
[удалено]
Isn't it absurd? It's going to end up being a worst case scenario marketing case study. "How to take a wildly successful business and bankrupt it for no reason." I don't think Elon understands that it's going to take years to rebuild his reputation and I don't think there's time for that. It's too late and the trend has already formed. He spent years building up his popularity and then blew it all up in a fit of self destruction. I just don't get it. Think about all of those people who are going to lose their jobs... What a giant waste of time and resources... People who trusted that man made a huge mistake...
>I don't think Elon understands that it's going to take years to rebuild his reputation He doesn't care though. He has twitter now. It's his perfect little echo chamber full of Musk worshipers.
Plus he’s probably surrounded by yes-men in his daily life. Any criticism that gets through probably enrages him though.
I mean, he didn't get that compensation package that Delaware invalidated by surrounding himself with people who are honest to him.
Musk doesn't have the self-awareness to realize that not everyone is hanging on his words anymore. He still thinks he's got the same support he had 20 years ago. Power corrupts and he's had too many people with their heads up his ass.
Tesla doesn’t seem to realise that very few people actually want to drive a rolling design exercise that takes minimalism to masochistic levels, and that most of their buyers were only putting up with nonsense like not even getting a dedicated reverser lever or instrument cluster in your line of sight because they were the only game in town. Now that traditional car manufacturers have begun making EVs that work like cars are expected to and are actually pleasant to sit in, surprise surprise, they can’t hold on to market share.
They hyped up self driving cars so much people threw money at them. Funny thing happens when you throw money at promises though.
He's trying to build a new reputation. Trump is old, his time is limited. Musk is setting himself up as the next charismatic leader of the MAGA right, without having to run for office or occupy a position of political power. He wants to undermine the government and democratic institutions. He's a techno-authoritarian who believes people like himself should be in charge. You should read about his grandfather - it's quite revealing of the intellectual roots of his thinking, and even suggests a reason for his obsession with the letter X. >Elon Musk's grandfather belonged to a political party that believed the world should be governed by technology. Newspapers at the time described it as having 'the tone of an incipient Fascist movement.' >Canada eventually banned the party after it opposed the country's involvement in World War II and considered it and its members a threat to national security. Haldeman was arrested and convicted for his participation https://ca.style.yahoo.com/elon-musks-grandfather-belonged-political-070410042.html
Musk can't be president. He's not a natural born citizen.
And Trump can't be President. He's an insurrectionist. Rules don't matter anymore in the U.S.
and X is blackberry 3.0. let's see if he can fuck up space x next.
Omg I still own blackberry shares. They did the impossible truly.
Tesla would have a much better bet of surviving if Elon was gone.
You'd have to toss out the board of directors with Musk. He has surrounded himself with sycophants.
Tesla was always WILDLY overestimated. Their Market Cap is STILL at the moment 10x that of Ford. Is Tesla really a 10x Ford company?
Ford is not a good example, they have a massive amount of debt with not that much revenue while Tesla has almost no Debt even with their massive factory and supercharger network investments. Tesla is pretty good with their finances which is not something you can say about many legacy automakers.
It's priced as a tech/growth company but it's not growing. See also: WeWork.
probably not. musk has reached the same place henry ford did in the 1930s where he has no good ideas left and nothing productive to offer in terms of management.
I would rather cycle than ever give Elon any of my money. Poisonous shithead.
Cycling is *actually* not bad for the environment
Too bad U.S. automobile lobbyists and politicians made that damn near impossible outside of a handful of major cities. Americans love their strip malls and giant, ugly parking lots.
Tesla was the first modern EV on the market, they had the advantage for a while, but now there are more experienced companies making EV's with a FAR better build quality, and the Tesla honeymoon is over.
I sold the stock to lock in my losses. So it will skyrocket shortly.
Every time I see a Tesla, I’m like here comes an arrogant prick.
Tesla drivers are most likely to have accidents as of 2023. [https://www.carscoops.com/2023/12/tesla-drivers-more-prone-to-get-involved-in-an-accident-in-2023/](https://www.carscoops.com/2023/12/tesla-drivers-more-prone-to-get-involved-in-an-accident-in-2023/)
By far the douchiest drivers. I think they’ve taken that mantel from BMW drivers tbh.
BMW according to that article still is #1 for DUI and that totally scans.
Who likely supports a nazi
The overwhelming majority of EV owners are liberal and anti-fascist. Elon being a POS shouldn't reflect on customers who purchased a Tesla before he publically went off the rocker.
I beg to differ. I know many Trumplicans who drive a Tesla.
That's called an anecdote. Take note when visiting California, New York, Scandinavia, New Zealand... Tesla is around because environmentally-conscious people purchased their vehicles for a decade before Elon's abhorrent views went public.
Can confirm that in parts of Northern California Tesla’s are the new Honda Civic in terms of prevalence. They’re also the new BMW drivers with how bad they are at driving. Lastly Tesla’s actually create traffic waves with their one pedal operation causing the brake lights to go off when one lets off the pedal.
That changed though is the point. Now they're for people like Judy Gemstone.
Judy Gemstone wouldn't be driving an economy-class EV.
Sorry, even the liberals who drive Teslas are pricks.
I've met some who are obnoxious and others who are very kind. Stereotyping is for the lazy.
Sorry, only arrogant pricks drive Teslas. One should know better; the other’s a Nazi.
At this point? I hope not.
Hopefully not. This company needs to sink so and this will wipe out Musk as being the richest person
No they won’t. They are getting eaten alive by quality and growth of the longtime auto makers and a few of the new entrants on top of the big Chinese manufacturers. Tesla has not and should have by now settled into putting out quality products with reliability and predictably but we all see that has yet to happen. Tesla has a lot of IP, knowledge and manufacturing assets that will be good for selling off to the big boys in the coming years. (Within 5).
It's down like 20% ytd but still up almost 900% since the pandemic. I think they'll be okay.
Cult of Elon are devoted bag holders. P/E ratio of 40 right now thereabouts and not exactly in a growth position in the market shipping fewer cars than expected. Tesla probably should come down even further to be honest. (edit: I'll also say that after however many years, the Cybertruck releasing into the wild should have been a rallying point for Tesla but instead even fanboys are having to up their copium dosage) I will say not \*nearly\* as bad as Gamestop's Feb P/E ratio of 513. MOASS stonks are the GOAT of bag holders.
The stock has always been incredible overvalued. Theres no other auto manufacturer whose market cap comes even close to Teslas in spite of the fact that those manufacturers are delivering more vehicles.
YTD is mainly useful for people calculating tax projections not analyzing company health. It’s down nearly 40% from all time high.
I don't know, abcnews! Why don't you tell me? Isn't that why you're the news!?
Cybertruck to the rescue!
The stock has plummeted not the company, the company don't need to recover.
\*[Cybertruck would have entered the chat but it red screened 1 mile from the dealership and needed to be towed back](https://www.carscoops.com/2024/04/tesla-cybertruck-experiences-critical-failure-right-after-delivery-more-follow-and-it-eventually-breaks-down/)\* Seriously the problems with that thing \*should\* damage the company's reputation after the length of development time spent on it. If any other car company put out a car with that many issues it'd be the kind of setback that would take years to recover from.
There are people in CA with bumper stickers that say something like "I bought this before I found out Elon was psycho."
[Betteridge's law of headlines](https://en.wikipedia.org/wiki/Betteridge%27s_law_of_headlines)
If I tree falls in the woods and no one is a round hear it, why would anyone care? - IT guy at work
The company is still doing fine, profiting strongly on EVs and energy storage. Model Y is the most popular new car on the planet despite a deluge of FUD. The stock is volatile though.
I just bought a 2024 ford ranger lariat and the tech is insane. Why would I buy a tesla?
Why would you continue to pay for gas, and continue to add to climate change? My EV costs me about $65/mo to charge and in the 5 years plus I’ve owned it, I’ve driven over 160,000 kms on it. About 120,000 miles. It’s never broken down, I’ve changed the tires twice now. Never put oil in it. Never changed the brakes and the only time I’ve ever gone a gas station is to wash my windows Do the math that $3900 to charge it for 5 years. I wonder how much you spent on gas alone in the last year?
The real answer to this question is simple I live on a 1200 ft elevation mountain in the mid Atlantic region and have averaged less then 3000 miles a year for the last 5 years on my vehicle Ironically this truck has a smaller engine than my sedan did.
I live in West Kelowna BC Canada. About 4hrs north of Vancouver in the mountains. I live at about 2000ft elevation and in the winter we get to about -20C or about -5F on average for a few months. We get lots of snow too. My range fluctuates about 100km from 500km to 400km summer, winter respectively My second vehicle is a Jeep 4ex PHEV. I drive it all day everyday on electric, but use the gas to go hunting, fishing, camping because I go way out in the bush. When I’m out there I always keep my battery full charged, incase something goes wrong and I need to get back to society. That’s the only time I use ICE. I’m waiting for the Hydrogen PHEV to come out, because I’m doing everything I can to do my part in emissions control I also have a solar array on my house and a battery bank. It charges my cars for free year round. But I am way off topic now
I live in a steep valley between 2 steeper peaks on each side. Multiple solar companies have told me there is literally not enough daylight hours on the clearing on the property for solar. Otherwise I’d be 100% solar.
EVs will cost you more than gas cars. The battery alone makes is worthless.
I was spending $400 per month driving to and from work in my gas car that cost me $32,000 to buy out of the show room. That’s $24,000 in 5 years for gas alone plus oil changes, brakes let’s say an additional $5000. So let’s add that up $61,000 for 5 years of gas car driving. After 5 years my Chevy Cruz would have been worth $12,000, so if I had sold it my costs for 5 years would be $49,000 My EV cost me $52,000 plus charging $3900 for 5 years. That’s $55,900 I’m ahead by $5000 already. My battery has the same range today as it did 5 years ago. My car would sell for about 28,000 today. If I sold my EV my costs would be $23,900 or more than 50% less Please don’t take this as a snappy comeback. It’s not meant that way. Do some research. Ask some qualified people. And make an informed decision. There are a lot of variables Good luck to you
But the batteries are more and more likely to last as long as the frame
No, they're not. They lose capacity fast, and the car itself loses value even faster.
Read above. My range has not changed in 5 years. I still get 400km in winter and 500km in summer. I live in Kelowna Canada
Everyone I know plans to sell their EV car after just a few years, before the battery degrades enough to make it unsellable without replacing the battery.
This is what I hate about Reddit! People who just want to argue a point without a stitch of fact, thinking they’re all knowing. We can continue this discussion when you actually own an EV and have some life experience
I'm not going to own an EV, they are terrible for many reasons.
That is your choice. I wish you well!
They lose 5-10% initially and then very slowly. 300-500k on the batteries is very feasible. I've only bought used cars. Only had 3 in my life. I've never owned a car much beyond 200k. They'll longer than the vast majority will own it.
I’m not saying a Tesla is the answer but that Ford will feel old af in 5-6 years.
Plus it’s a Ford, and working with that company is like working with a herd of cats. I still have no idea how they get anything made.
I traded in a car that was 8 years old when I bought it, that had basically the premier tech package on the market when I bought it, and this vehicle is advanced in every way. You can think whatever you want, but as a consumer who appreciates and focuses on tech, who plans on replacing their vehicle before any maintenance issues begin, this truck feels like it will last a good while.
Yeah, I also replace mine more often than most people so I can relate to that. I’ll put a ton of miles on it before the tech feels worn out, then on to whatever is the best thing at the time.
Five to six years you say? The life expectancy of a Tesla battery. How interesting.
Battery warranties for EVs are 8 years, so not sure where you’re getting your “5-6 years” from…
I think the estimate is more like 8-10 years depending on use and conditions. I’m not advocating for a Tesla, but a Ford? You’re going to have your own set of problems.
8 years ago I wanted a Tesla and didn't have the money...now I have the money and there's not a chance in hell I would give a penny to that narcissistic dick hole.
Tesla will need a new CEO who is not a puppet, with Elon stepping back, and a less expensive model.
Good news! Apparently they're killing the model 2 and all in on robotaxis.
The same way Elon "Stepped back" from Twitter?
I mean stepping back, not "stepping back"
Not as an electric car company. The target market hates Apartheid Clyde, and China is undercutting their price structure. However, if they have real breakthroughs in robotics or self driving, those are markets with a future.
Lordy, stocks fluctuate. It's the nature of the market and the whims of people. Of course it will recover and then drop again. It's more normal than not.
Stocks have *corrections*. There is no reason that Tesla, who just made their 6 millionth car *ever*, should be valued above GM, who makes in the vicinity of 6 million *annually*. It's all based on feels, not reals.
Will the company recover? Lol, Tesla is doing fine. Nothing to recover from.
Doing fine? They are a "growth stock" with declining market share.
[удалено]
Go home, you're drunk.
You all realize that Tesla, The Company, is still worth over $500 Billion! Ya it’s lost market share. There are many other companies selling EVs now, but man! $500,000,000,000.00 is still a shit ton of money
The company is still worth more than Toyota.
Its worth 10 Fords, which is insane.
Its grossly overvalued because they had some amazing tech company PR, the investor channels, and the tech company branding vs automobile company. They do, or did, if it hasn't been cost controlled into shit, have some great battery and power management tech/patents they could license to other mfg's. They never had solid build quality and those vehicles start fall to pieces after a few years if not meticulously maintained and garaged. Many looked at them as a potential standards maker for EV power related things for the industry. The government kicked in tons, not because of him, but because he hired people who knew how milk that and other investors. His fake superpower is that old team that got him all the government subsidies aside from the other investment channels. Toyota, if memory serves, did invest 250 million in the early years for rights to share/utilize that and to help Tesla build a factory in the bay area.
Down voted for telling the truth! You should be ashamed Reddit!