Elon Musk: Always A Douche

[crazy canuck]

In every respect except their market capitalization.  The Musk fan boys ran up the price.  Let's see what happens when it starts coming back to a more reasonable price.  It won't happen immediately. The price has never been based on reality.

[Zanza]

Dropped 30% already in the first quarter. Hard to see why that would not continue.

[Josquius]

Tesla seems to have gone beyond the Musk fanboys though and attracted serious status amongst the general public too.
Some idiots will be losing a fortune if it crashes.

[garbon]

Tesla seems to have gone beyond the Musk fanboys though and attracted serious status amongst the general public too.
Some idiots will be losing a fortune if it crashes.

Crocodile tears

[Tamas]

Hopefully Yi has sold his shares already.

[HVC]

Is tesla solar a seperate company a la SpaceX?

[celedhring]

Is tesla solar a seperate company a la SpaceX?

No. It used to be a separate company founded by Musk's cousins, but Musk had Tesla buy it (bailing it out).

[HVC]

Damn, I like Tesla solar. Or at least it seems to be a good product.  Hope the spin it off if and when Tesla tumbles hard.

[Admiral Yi]

Hopefully Yi has sold his shares already.

Still have 445.

[crazy canuck]

Dropped 30% already in the first quarter. Hard to see why that would not continue.

Fair point

[Zanza]

Reports that Tesla abandoned their $25k car and wants to focus on robo-taxis, presenting them in August. Considering their progress on ADAS that is a terrifying prospect for both their stock holders and the general public. Also makes the 20 million cars sold in 2030 target impossible.

[HVC]

Didn't hertz just dump their fleet because electric was too expensive to maintain? Wouldn't robotaxis be the same?

[Zanza]

Didn't hertz just dump their fleet because electric was too expensive to maintain? Wouldn't robotaxis be the same?

I heard it was problems with residual values, which is very important for fleet operators.

[crazy canuck]

Didn't hertz just dump their fleet because electric was too expensive to maintain? Wouldn't robotaxis be the same?

I heard it was problems with residual values, which is very important for fleet operators.

Yeah, can't be the maintenance cost, that is less than an ICE.

[Zanza]

Yeah, can't be the maintenance cost, that is less than an ICE.

That is the conventional wisdom, but it is not clear if that's true. While the mechanical engine is not there as a point of failure, the chassis actually has a higher stress as the cars are much heavier. Most other things like body, electronics, etc. are the same regardless of drivetrain technology. Also if the electric drivetrain has a problem it is very hard to fix, harder than most combustion engines. Tesla specific topics like "giga casting" parts breaking also exist.