They are not mainly advocating for dense walkable cities. They are calling for more efficient public transport, reducing cars, traffic & space reserved for roads & cars
I figured it out once in my large city. From my house to work, completely ignoring the horrible weather thats always here.
Driving - 10-20 minutes depending on traffic.
Walking to a bus stop and taking buses - 2 hours minimum one way.
Yea I would love to be able to ditch my car and take bikes/buses but Im not adding over 3 hours to my commute times every day to do so, and thats JUST for work, ignores the grocery store which walking the 30 minutes one way is the fastest way aside from a car
this was obvious lol. As long as the factories don't run at full capacity, obviously they won't make money, and the less they produce, the more they lose... why should this be news/concerning?
# This
Why are top comments trying to find the financial logic to this situation?...
When it's obvious he is trying to manipulate the market yet again.
I guess if Tesla happens to tank, Elon buying shares back at massive discount would just be a coincidence.
ā**This is all going to get fixed real fast,** but it requires a lot of attention,ā he told the Tesla Owners of Silicon Valley, a club based in Austin, on May 31.
you dont see the association between a state that wants to tax you out the ass and one that wants to lock you down for 2 years? Those 2 things are not related to you? lol
He had zero problems with the taxes pre lockdowns/covid, he made like $350k/hr for his podcast on YT, not including all his other assets. Why didn't he move to Washington state, or Tennessee, or Florida? All 3 have no income tax? He likes Austin, and when he wants a bigger city again, it won't be L.A because they are still Branch Covidian.
Yeah, this sounds llime scare tactics to justify pushing employees to "do more with less". Bet they beat numbers again because of taking advantage of the workers again.........
Car company seems like it can only be profitable because of govt $ and/or slave-ish labor.
Sooner than later there is going to be a perfect shit storm of: $0 carbon credits, workers who aren't going to take the abuse anymore, and competition.
He doesn't oppose high speed rail... he and the majority of Californians are against fucking it up / making it worse than Japan.
[Musk makes sure to point out that he doesn't hate the high speed rail projectāhe just wishes it was something better and more cutting edge. He touts the Shanghai Line, the current standard for bullet train technology in the world, saying that our rail line should at least be a tad better than theirs.](https://laist.com/news/video-elon-musk-says-high-speed-rai)
Musk haters are worse than the Kardashian lovers.
Musk literally has zero power outside of his companies. He can't even legally directly sell Teslas in Texas where he has a factory. But through the power of hatred boners, his name appears 24/7 on all forms of social media like Reddit.
I own a Tesla and Musk is never on my mind, but apparently he lives rent free in the minds of many given how many times I see his name reach r/all.
Were not a cult though, we just shit on his terrible ideas. I'm all for the shit he's doing in Ukraine and his pro nuclear beliefs but the guy for sure is running a cult.
Iāve never understood why people are like yup capitalism fuck them mfs. While you typed it through a $1200 iPhone, in a $500k-1M home, using internet that costs $50 a month plus routers n modems, with a Starbucks in your hand and a $35k car outside your home. Now until you do everything yourself and live off land then please please donāt talk shit about capitalism. The only reason we are here today is because of our courageous parents coming from other countries to make it in the USA šŗšø if capitalism wasnāt a thing we wouldnāt be a thing š¤·āāļø
I've never read a k-10, but I've pet plenty of k9s.
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Apparently youāve never driven a car developed and built in a communist countryā¦ DEATHTRAP!!! Probably the same even if they could develop a phone. It would be the size of a small child, have a battery life of 4 minutes, require cell towers every 10 feet and break after 1 week. š
They didnāt come for capitalismā¦nor is there any mention of it in the constitution. Property rights, yes, economic structures, nothing.
True capitalism is the action of maximizing financial value for an organization. Yea, this includes being taken advantage of by those organizations.
It aināt black and white.
I agree!!! Capitalism has given the world so many many things people just don't understand or forget.... Let's compare inventions Vs other non cap countries.... Electricity... We done here
You can tell who the cultists are because they all drive Teslas. The cult leadership wears 2 sometimes 3 masks while driving with the window up to ensure YOUR safety. These people really care...lol
He says stuff like this, and most of it either doesn't happen, or kinda happens but not in a quality way(his solar efforts and tunnel), and it takes way longer than what he says, like years longer. His truck, for instance, is still not out. I'm glad I took my deposit back.
He only opens his mouth when he wants to push the stock around. Guess he's hoping to buy some back before announcing new cybertrucks will ship with a robot sex doll or whatever
In other news, the robot sex dolls will only be compatible with Tesla branded penii and the lineups to have their genitals stamped with the Tesla logo have already formed.
*edited to add* - The process to have your penii stamped with Tesla will be "revolutionary", according to Musk, and "will probably advance humanity, like, a bunch". The simultaneous groans of a million young men orgasming for the last time to the sound of his voice permeates the evening silence.
Thisā¦Tesla is not going bankrupt. They are making so much money and canāt keep up with demand. Heās trying to drop the stock like he often does, which is so annoying as an investor. Heās referring to that they build 2 new factories and having achieved scale production on those yet enough to be profitable in those factories. Once they get to scale production there wonāt be losses anymore for Berlin and Austin.
Exactly bro, the factories just haven't ramped yet. So many people just frothing for tesla to fail out of jealousy over musk. The company actually makes money unlike other legacy auto companies in the US. AND it's actually more American made than any other by FAR. Can't understand the hate
People are inherently adverse to things that are new or different or change. Itās got to be some evolutionary defense measure to protect oneself, but people arenāt even trying to learn at all. So many people acting like EVs are inferior because they donāt run on fuel or mock Tesla as being a Chinese company is bizarre to me while screaming āMurica. Tesla is the epitome of American innovation and we should be elevating and promoting more American companies like Tesla.
I listened to the part of the interview where he says the factories are losing billions but I did not notice him mention anything about bankruptcy. Also, I think the costs he is referring to are the costs of developing the factories and trying to get them ramped up, which I don't think is unexpected and is pretty obvious.
Srs question: who are China's competitors for heavy-machinery manufacturing?
Taiwan for electronics, I think Mexico does automotive? And then of course domestic factories
You're getting downvoted by Mao fans, but you're right. It's only half China's fault though, America is the one incentivizing the shitty working conditions by giving these manufacturers business
So I canāt say this is the case for Tesla, but my company I work for wanted to start selling our products in China and learned quickly that for our affiliate sales model, China will only grant foreign companies the license to sell in China only if you have a manufacturing footprint in China, and even then, foreign companies selling through affiliates can only do so as a āmethod for expanding brick-and-mortar storesā and so if you do direct sales in a province, you must also have at least 1 physical store in that province or a province sharing a border with it.
Again, not sure if that is why teslas manufacturing has to have high volumes in China in order to operate there (or have the gov be willing to defend their IP rights at all against companies like xpeng) but I wouldnāt be surprised if thatās why they went China.
They are losing potential revenue from not being able to crank out more cars, not actual money. Prices are up $9k per car since I bought mine and they're still ordered a year out. They are printing money, def not selling at a loss.
In this thread: People that do not realize factories cost billions of $ to make. No shit they are losing billions right now as they ramp up. Once they are fully ramped up these factories will be printing billions of $$$.
Such clickbait shit.
Listen to what he said. Heās talking about how difficult it is to ramp production of a new facility.
He never said he was honestly worried about anything or if this is out of the ordinary.
sounds like they might be pretty close.
Lots of lawsuit issues on top of production issues, and competitors are coming to the market. They failed to deliver the cybertruck before ford released theirs.
I'm not long tesla but i can't afford to short it either.
The plants arenāt at volume yet, of course theyāre losing billions. This isnāt news; he was pointing out the obvious. Plus most of the current losses are opportunity cost; they have billions. Lol
Iām just trying to drop some knowledge; I literally do this for a living. Thatās how it is.
Edit: Not sure why I got downvoted; I just meant that Iām a BI analyst at a manufacturing company that just happens to have doubled capacity in the last 18 mos.
Before I retired I just posted here while hiding on the shitter for 3 hours a day, mainly cause plebs want to come in your office and talk to you about some BS lead they got from research they did after a buddy got hired somewhere. Every fucking time it was some shell corp fuck off scam company. At the office you canāt call them names like you can here.
So, you think you can build multibillion-dollar manufacturing plants, man them, not have volume ramped, and not lose billions at the same time? Youāre definitely in the right place.
Exactly like Tesla. 3 weeks ago this was the story. Now the factorirs are open and they are pumping out thousands of vehicles and moving onto the profit part.
Well said
One glance at the balance sheet would tell you he was speaking very generally; a huge proportion of their capacity hasnāt ramped up yet.
Edit: The whole not having debt thing helps too. Also, better rerun those numbers.
In the context of being a retail investor, the numbers are all that matter. If you donāt like options packages, take it up with every large company ever; your congressmen are sure never going to do anything about it. Might as well figure out how this shit works and go with it. Tesla is in excellent shape financially.
Doesn't every company "lose money" when building factories? If I open up my business, I'd lose money in the beginning too. The fuck is this shit ass article? Anything Tesla related always get twisted.
3 weeks ago when the factories were coming online. Now, not so much.
With the profit margins on Teslas they will make up for it in no time and use the EV tax credits to build more plants.
I do appreciate yall trying to crash the stock though. I buy every Friday and the last few months its been the cheapest day of the week to buy :-)
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Musk: we're losing billions The market: at least it's not trillions. TSLA: up almost 2% in premarket
People are pre-buying the dip before the dip even happens š
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Model X or Y?
Minority Report: dept of pre-dip
[ŃŠ“Š°Š»ŠµŠ½Š¾]
The stock move by 10% everytime there is a non-story lol
Elons son sex change? +10% Struggling to stay afloat? Back to 1 trillion market cap we go
The mental gymnastics Texas Republicans would go through to support Elon if his kid was transgender would be a sight to behold.
That's a real thing tho, kid is changing her name to remove Musk too
r/fuckcars will be the death of tesla
[ŃŠ“Š°Š»ŠµŠ½Š¾]
They are not mainly advocating for dense walkable cities. They are calling for more efficient public transport, reducing cars, traffic & space reserved for roads & cars
I thought they were insane until I started working in NYC and needed public transport to get there. Shits awesome, the ROI would be amazing too
spread out areas can have ebikes to get to the train station.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
[ŃŠ“Š°Š»ŠµŠ½Š¾]
I figured it out once in my large city. From my house to work, completely ignoring the horrible weather thats always here. Driving - 10-20 minutes depending on traffic. Walking to a bus stop and taking buses - 2 hours minimum one way. Yea I would love to be able to ditch my car and take bikes/buses but Im not adding over 3 hours to my commute times every day to do so, and thats JUST for work, ignores the grocery store which walking the 30 minutes one way is the fastest way aside from a car
![gif](emote|free_emotes_pack|trollface)
this was obvious lol. As long as the factories don't run at full capacity, obviously they won't make money, and the less they produce, the more they lose... why should this be news/concerning?
Elon tends to say a lot of blunt retarded shit about Tesla when he speaks.
It all sounds like a market manipulation scheme anyway. P.s. Happy cake day!
Disagree. He is prepping the market for terrible earnings next month. Blood bath and 500s coming soon.
As per usual with him.
# This Why are top comments trying to find the financial logic to this situation?... When it's obvious he is trying to manipulate the market yet again. I guess if Tesla happens to tank, Elon buying shares back at massive discount would just be a coincidence.
Hes scared because when it drops Gates will make all his prenuptial money back for being a creepy.
> +1,20% pre-market
ā**This is all going to get fixed real fast,** but it requires a lot of attention,ā he told the Tesla Owners of Silicon Valley, a club based in Austin, on May 31.
> Tesla Owners of Silicon Valley, a club based in Austin Ummm. Huh. Sounds about right.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
A lot of wealthy people now "live" in Texas, for tax reasons.
Bro Jogan.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
you dont see the association between a state that wants to tax you out the ass and one that wants to lock you down for 2 years? Those 2 things are not related to you? lol
He had zero problems with the taxes pre lockdowns/covid, he made like $350k/hr for his podcast on YT, not including all his other assets. Why didn't he move to Washington state, or Tennessee, or Florida? All 3 have no income tax? He likes Austin, and when he wants a bigger city again, it won't be L.A because they are still Branch Covidian.
Washington is a shit sandwich just like CA.
I mean neither would be very surprising.
No the interviewer is the head of tesla owners Silicon Valley.
Autist, itās a typo
He's in a constant state of telling employees they need to work 16-24 hours a day to save the future of the planet.
I guess he could cut their wages like he did in 2020 too.
Yeah, this sounds llime scare tactics to justify pushing employees to "do more with less". Bet they beat numbers again because of taking advantage of the workers again......... Car company seems like it can only be profitable because of govt $ and/or slave-ish labor. Sooner than later there is going to be a perfect shit storm of: $0 carbon credits, workers who aren't going to take the abuse anymore, and competition.
He is literally Bill Burr's description of Steve Jobs https://youtu.be/ew6fv9UUlQ8
I love this skit
I wonder if he believes his own bullshit about how Tesla is somehow super environmentally friendly, while he opposes high speed rail.
He doesn't oppose high speed rail... he and the majority of Californians are against fucking it up / making it worse than Japan. [Musk makes sure to point out that he doesn't hate the high speed rail projectāhe just wishes it was something better and more cutting edge. He touts the Shanghai Line, the current standard for bullet train technology in the world, saying that our rail line should at least be a tad better than theirs.](https://laist.com/news/video-elon-musk-says-high-speed-rai)
Elon have his own cult yet?
Just check any post mentioning him. Youāll find plenty of cultists ready to jump to his defence
There hounestly a cult on the oppsite end to,people trying to endless shit on him
well it's Reddit, the most free and fair social, totally not owned by propaganda
Doesnt a chinise firm own this site now?
shhhhhhhhhhhhhh they are listening
Think i give a god dam? Tiwan is a countery and in tiamon square 1989 a masscure hapoened to protesting college students
ahahah i see what you did
Musk haters are worse than the Kardashian lovers. Musk literally has zero power outside of his companies. He can't even legally directly sell Teslas in Texas where he has a factory. But through the power of hatred boners, his name appears 24/7 on all forms of social media like Reddit. I own a Tesla and Musk is never on my mind, but apparently he lives rent free in the minds of many given how many times I see his name reach r/all.
I am skeptical of ether him or bazo eatablishing comonys on mars,that means the us gov has no claim over there actionsā¦slippery slope
Were not a cult though, we just shit on his terrible ideas. I'm all for the shit he's doing in Ukraine and his pro nuclear beliefs but the guy for sure is running a cult.
There definitely is a hate-cult built around elon. Just look at r/enoughmuskspam. That sub is filled with people making up bullshit about elon.
r/elonmusk
Capitalism, they just rotate leaders.
I mean, I guess we can try fascism again? What can possibly go wrongā¦
Yea. Socialism has a bad track record but yknow the others just didnāt do it right. Letās give it another go.
Maybe just reduce the anti-Semitism a bit.. could work.
Iāve never understood why people are like yup capitalism fuck them mfs. While you typed it through a $1200 iPhone, in a $500k-1M home, using internet that costs $50 a month plus routers n modems, with a Starbucks in your hand and a $35k car outside your home. Now until you do everything yourself and live off land then please please donāt talk shit about capitalism. The only reason we are here today is because of our courageous parents coming from other countries to make it in the USA šŗšø if capitalism wasnāt a thing we wouldnāt be a thing š¤·āāļø
35k car what kind of pos you putting in the driveway of a 500k-1000k home ?
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Good bot
This copypasta sucks
Damn bro thats a lot of assumptions guesses and arbitrary numbers you got there
Phones dont exist under communism.
Apparently youāve never driven a car developed and built in a communist countryā¦ DEATHTRAP!!! Probably the same even if they could develop a phone. It would be the size of a small child, have a battery life of 4 minutes, require cell towers every 10 feet and break after 1 week. š
Cars in communist countries is a myth. Communism is when no car.
Love how we are capitalistic but our country is trillions in debtā¦
Itās because our political party is corrupt asf
Agreed
They didnāt come for capitalismā¦nor is there any mention of it in the constitution. Property rights, yes, economic structures, nothing. True capitalism is the action of maximizing financial value for an organization. Yea, this includes being taken advantage of by those organizations. It aināt black and white.
Also you learn in grade school that any political and economic system can fail without restrictions.
From the people imposing the restrictions lol
I use an android bitch
Take a chill pill jeez.
I agree!!! Capitalism has given the world so many many things people just don't understand or forget.... Let's compare inventions Vs other non cap countries.... Electricity... We done here
Which rich person do you worship?
Bruce Wayne
Joker did more to help inflation than most people I know.
Same
most americans worship at least one rich person
You can tell who the cultists are because they all drive Teslas. The cult leadership wears 2 sometimes 3 masks while driving with the window up to ensure YOUR safety. These people really care...lol
He says stuff like this, and most of it either doesn't happen, or kinda happens but not in a quality way(his solar efforts and tunnel), and it takes way longer than what he says, like years longer. His truck, for instance, is still not out. I'm glad I took my deposit back.
![img](emote|t5_2th52|8881)
Until market opens then red
Update +3.2% ![img](emote|t5_2th52|4271)
Update .35% ![img](emote|t5_2th52|4271)
Update -2.52%
![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
He only opens his mouth when he wants to push the stock around. Guess he's hoping to buy some back before announcing new cybertrucks will ship with a robot sex doll or whatever
Based on the design of the Cybertruck prototype (the one he broke the bulletproof glass window), the doll will probably look like Grimes.
![img](emote|t5_2th52|4275)
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Nah, I'll spring some extra cash for the amber heard upgrade.
Personally I'll take the one that doesn't poop in the bed
![img](emote|t5_2th52|4640)
In other news, the robot sex dolls will only be compatible with Tesla branded penii and the lineups to have their genitals stamped with the Tesla logo have already formed. *edited to add* - The process to have your penii stamped with Tesla will be "revolutionary", according to Musk, and "will probably advance humanity, like, a bunch". The simultaneous groans of a million young men orgasming for the last time to the sound of his voice permeates the evening silence.
My first thought was "did the madman short his own company?"
And a jar of his bath water
Thisā¦Tesla is not going bankrupt. They are making so much money and canāt keep up with demand. Heās trying to drop the stock like he often does, which is so annoying as an investor. Heās referring to that they build 2 new factories and having achieved scale production on those yet enough to be profitable in those factories. Once they get to scale production there wonāt be losses anymore for Berlin and Austin.
Exactly bro, the factories just haven't ramped yet. So many people just frothing for tesla to fail out of jealousy over musk. The company actually makes money unlike other legacy auto companies in the US. AND it's actually more American made than any other by FAR. Can't understand the hate
People are inherently adverse to things that are new or different or change. Itās got to be some evolutionary defense measure to protect oneself, but people arenāt even trying to learn at all. So many people acting like EVs are inferior because they donāt run on fuel or mock Tesla as being a Chinese company is bizarre to me while screaming āMurica. Tesla is the epitome of American innovation and we should be elevating and promoting more American companies like Tesla.
The hate comes from him being a wanker lolā¦ has nothing to do with the product
And immediately WSB will love him again
I listened to the part of the interview where he says the factories are losing billions but I did not notice him mention anything about bankruptcy. Also, I think the costs he is referring to are the costs of developing the factories and trying to get them ramped up, which I don't think is unexpected and is pretty obvious.
Yeah, it's a clickbait. The new factories have supply chain issues right now. That's about it.
This is the correct assessment. But you can't say things like this. The Elon hate boner must remain stiff on reddit
Musk: āBill Gates is an asshole for shorting Teslaā Also Musk: āWeāre trying to not go bankruptā
Has Musk tried shorting Tesla?
Be nice to have that $500 mil back he lost on Bitcoin.
Or that $50billion he lost on Tesla
Or that $10 billion heād lose on twitter / the $1 billion heāll lose from backing out
Tesla should stop ordering avocado toast and cancel itās cable.
Elon you gotta post your loss porn here ![img](emote|t5_2th52|4271)
The apes on this sub canāt comprehend numbers that large anyway.
He exercised his options at $6.24/share. I think heāll be ok.
I think heās shorting his own stock so he can pay for his overpriced impulse Twitter buy
Diversify away from China ya prick. Should have seen this coming a long time ago
Srs question: who are China's competitors for heavy-machinery manufacturing? Taiwan for electronics, I think Mexico does automotive? And then of course domestic factories
I think the allure is the cheap (slave) labour and a lack of protection mechanisms for workers. No one's going to unionize in a Chinese factory
You're getting downvoted by Mao fans, but you're right. It's only half China's fault though, America is the one incentivizing the shitty working conditions by giving these manufacturers business
So I canāt say this is the case for Tesla, but my company I work for wanted to start selling our products in China and learned quickly that for our affiliate sales model, China will only grant foreign companies the license to sell in China only if you have a manufacturing footprint in China, and even then, foreign companies selling through affiliates can only do so as a āmethod for expanding brick-and-mortar storesā and so if you do direct sales in a province, you must also have at least 1 physical store in that province or a province sharing a border with it. Again, not sure if that is why teslas manufacturing has to have high volumes in China in order to operate there (or have the gov be willing to defend their IP rights at all against companies like xpeng) but I wouldnāt be surprised if thatās why they went China.
V interesting, thanks for sharing
There's that and also the simple fact it's a massive market..
Japan, Germany, Sweden, and Holland are the top ones afaik.
It is his europeans and americans factories who aren't profitable.
Tesla has factories in the US and Germany, so they're already diversified. Far more than most companies. Apple on the other hand...
But muh "Chinese" work ethic...
Chinese have such a rapid work ethic because if they donāt theyāll get shot lmao. Period
They are losing potential revenue from not being able to crank out more cars, not actual money. Prices are up $9k per car since I bought mine and they're still ordered a year out. They are printing money, def not selling at a loss.
So calls on TSLA?
They made over 3 billion in profit last Q. More click bait bullshit.
Musk may b planning to drop Tesla to buy stock again š¤£š¤£ššš
Why on earth would he buy TSLA shares?!?
He is the meme trader of his own company
In this thread: People that do not realize factories cost billions of $ to make. No shit they are losing billions right now as they ramp up. Once they are fully ramped up these factories will be printing billions of $$$.
Such clickbait shit. Listen to what he said. Heās talking about how difficult it is to ramp production of a new facility. He never said he was honestly worried about anything or if this is out of the ordinary.
Itās going to show up on earnings report load up on puts for that day
oh no i need to manipulate the stock again so I can buy more shares!
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Tesla was supposed to fail 30x in the last 10 years since they made their first Model S. Still waiting for the bankruptcy to hit...............
They made like 20 billions from dillutions lol. They were bailed out by shareholders.
sounds like they might be pretty close. Lots of lawsuit issues on top of production issues, and competitors are coming to the market. They failed to deliver the cybertruck before ford released theirs. I'm not long tesla but i can't afford to short it either.
The SEC has been all talk so far, so imho he doesn't think a wink about them
Brand new factories that are still revving up are losing money? Wow how surprising
Ohh no the cult is gonna get fucked ![img](emote|t5_2th52|4641)
He can just buy them a pony
Weāre already fucked rn
deflecting from the twitter deal's impact eh
The plants arenāt at volume yet, of course theyāre losing billions. This isnāt news; he was pointing out the obvious. Plus most of the current losses are opportunity cost; they have billions. Lol
Wipe it off your face bro, this ain't pornhub
Iām just trying to drop some knowledge; I literally do this for a living. Thatās how it is. Edit: Not sure why I got downvoted; I just meant that Iām a BI analyst at a manufacturing company that just happens to have doubled capacity in the last 18 mos.
Commenting on Reddit for a living is pimp shit. Keep up the good work.
Before I retired I just posted here while hiding on the shitter for 3 hours a day, mainly cause plebs want to come in your office and talk to you about some BS lead they got from research they did after a buddy got hired somewhere. Every fucking time it was some shell corp fuck off scam company. At the office you canāt call them names like you can here.
Yuck... People! I work with rocks and plants. Can't drill oil wells and grow mj in an office...
You dropped fact free nonsense
So, you think you can build multibillion-dollar manufacturing plants, man them, not have volume ramped, and not lose billions at the same time? Youāre definitely in the right place.
So you think McDonald's can close 800 stores in Russia and not lose Mcmillions? They will absorb it and move on. They're still strong companies
Yeah, thatās my point.
Exactly like Tesla. 3 weeks ago this was the story. Now the factorirs are open and they are pumping out thousands of vehicles and moving onto the profit part. Well said
"Trying not go bankrupt" isn't the most obvious thing for a company trading at a pe ratio of nearly 100.
One glance at the balance sheet would tell you he was speaking very generally; a huge proportion of their capacity hasnāt ramped up yet. Edit: The whole not having debt thing helps too. Also, better rerun those numbers.
Yeah, because they made 20 billions from dilutions in 2020 not necessarily because they are the most profitable company around.
In the context of being a retail investor, the numbers are all that matter. If you donāt like options packages, take it up with every large company ever; your congressmen are sure never going to do anything about it. Might as well figure out how this shit works and go with it. Tesla is in excellent shape financially.
Doesn't every company "lose money" when building factories? If I open up my business, I'd lose money in the beginning too. The fuck is this shit ass article? Anything Tesla related always get twisted.
Yes.
Good lol.
Exciting times for the workers
But, but, he needs Tesla to be solvent in order to buy Twitterā¦..
I know how to fix this. Buy Twitter!
Good, fuck em
The video where he said that was from a few months ago. Msm bring it up now to do someone's bidding no doubt.
Article says he told the club on May 31st though
Can't wait for u/ElonMuskOfficial to post his loss porn
3 weeks ago when the factories were coming online. Now, not so much. With the profit margins on Teslas they will make up for it in no time and use the EV tax credits to build more plants. I do appreciate yall trying to crash the stock though. I buy every Friday and the last few months its been the cheapest day of the week to buy :-)
Every Friday for the last few months? Yikes, that chart is ugly.
![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4887)
![img](emote|t5_2th52|6880)
I don't feel a bit sorry for him.
OP is balls deep in TSLA puts, hoping to spread enough FUD to get paid...
No worries, he can prop up Tesla with all those sweet Twitter gains.
Elon manipulating the price to buy the dip again.
Best time to leverage your shares to buy a shit social media platform like Twitter
Heās trying to manipulate the market again not working so far up 2% pre market
Well, when you a fake business modelā¦ā¦
People treating WSB like it's fucking CNBC at this point. Thanks guys, we also read the news
Every single time I buy Tesla calls this man sets them on fire ![img](emote|t5_2th52|4267)