He is biased but still admits Elon's claims are crazy

Fridman seems to be very pro-Elon but still thinks/knows he's full of **** with his timelines. (He also has me blocked on twitter, and presumably tons of $TSLAQ people so he's definitely biased in that direction if anything)

I bet he is so restless at night wondering what stinkypete thinks about auto AI and self-driving cars.

WHEW! Thank God we have access to this exclusive content!

Why so testy?

What are you doing with the remaining 50% of your position?

You literally pretended to buy stock in an insolvent $40B+ company so you could brag on an internet message board if the stock happened to trade up. You add zero value.

I'm still long. No worries.

I'm only talking smack because stinky likes to insult people. I couldn't resist. He teed that one up. I got him on mute so I'm sure he is triggered but don't really want to spend the six seconds it takes to see what drivel left his mind and found its way to the keyboard.

we're one bad china trade war news away from breaking the lows.

what will elon come up with next?

A 35k car that saves the environment, looks cool, is an appreciating asset, and will soon earn money for you while you sleep, isn't enough?!

Only now have the time to respond, but good to see that one of the major bear arguments turned out to be ridiculously wrong.

Elon was dumb to not raise earlier, but bears were even dumber to think that he was not allowed to raise.

Obviously, still a good year for the bears. Will go south further this year - just not to bankruptcy.

Raising now doesn't mean he could raise earlier. You can argue that not raising earlier was so dumb, given how obviously it was needed, followed by raising now actually supports the thesis he couldn't raise before now.

https://electrek.co/2019/05/10/tesla...on-takes-over/

something to keep an eye on. if AI people start leaving it could be a bad look

fwiw my read on the tesla uber-bull sentiment is that it seems to be drifting from "elon is our lord and savior" to "andrej karpathy is our new god-king"

No, complete and utter bull****. He thought he'd make it and didn't.

also does anyone follow @Tesla on twitter? it seems like a new, much more internet-savvy person has taken over. at first it felt like elon himself, but now my guess is probably just elon found someone through whom he can indulge his meme hunger

Financing at 52 week lows for absolute garbage terms isn't a positive in the slightest.

Uber's supposed $75 billion valuation with -$4 billion profits sure puts TSLA in perspective.

Electric cars don't save the environment. They are slightly less damaging, but it's still a dead end in a sustainable development.

Car makers always have a very very low P/E and price to book because car making is highly capital intensive. It doesn't scale like software such that you can make outsized profit on low capital. At least Uber makes minor sense if you give it a 10% chance of being the premier taxi service worldwide when the shift to autonomy happens.

I think TLRY does a better job of keeping Tesla in perspective. $43 million in revenue last year with $60 million in losses growing pot, and it peaked at $30 billion market cap last year. That is truly nuts. There are clearly hundreds of billions if not trillions in pure dumb money out there (look at the digital coins) and Tesla is one of the magnets for it.

Re TLRY market cap, the float is very small. There is now way anyone would pay 10 billion, let alone 30, for the entire company.

I want to add to my short. Thoughts on when ?

Yeah things don't look good. S&X sales look done for, Model 3 sales are badly in the toilet too. Musk has destroyed his brand in many countries by being a cuck/loser. Tesla is now dead last in consumer opinion of all the automakers in Norway for example, which is their biggest European market. How do you recover from that? And more importantly it validates what the bears have been saying - that service and reliability is shockingly bad (tent car, anyone?) and that they are utterly incompetent at anything other than the base of the car and have a toxic corporate culture.

https://evsalestracker.com/#/Tesla



And it goes back to what I said - Musk either could not raise or is completely bat**** insane and a destructive CEO. Assuming he could raise last year, he destroyed his company's reputation for good because he didn't raise the capital needed to do servicing and customer service properly. What the **** is wrong in his head that he'd do that? That's the guy running this inflated company...

Also take a moment to meditate on how weird that chart is. Why sell cars like this rather than steadily? Why the insane end of quarter rushes? It makes no sense.

Don't know what the reason is, but the car industry does kind of work this way. Every market has specific periods of the year where there are big discounts, and various brands do special discounts throughout the year as well.

I assume the effect is way smaller than at Tesla, and the reasons why Tesla does this & why other players do it might not be the same.

End of period discounts and clearing old models to make way for new ones has nothing to do with Tesla. Tesla don't do that. They have a flat price, not to mention supposedly 400K reservations patiently waiting. There are no clearance sales.

They claim they're production constrained. How the **** do you get gigantic end of quarter pushes quarter after quarter year after year when you're production constrained????????????

You produce what you can each week. You put it on trucks. You deliver it to the eagerly awaiting customers. End of quarter delivery spikes (like delivering half your cars in the final 15 days!!) shouldn't happen in any sane production constrained company. It makes no sense whatsoever.

Elon has truly disrupted you.

In what universe is TLRY a better comparable to TSLA than UBER, both in terms of fundamentals, market cap and the fact that their businesses do have a lot of crossover?