Is Elon Musk hurting Tesla? (Mod Note Post #1)

There aren't many ways to take a stand against the likes of Musk, not buying one of his products is one of them. Well done OP.

yeah maybe so, but his actions are off the charts in evil “geniusism”. Good for OP that he’s shopping with some morals. Not knowledgeable on the market to comment, have a polestar 2 myself but that’s not what ur looking for.

That's a big rock you're under.

Mainstream media, MSNBC, CNN etc, they paint Elon and Trump in a negative manner, instead of demanding the wasteful spending and fraud to stop, they point to the guy that's uncovering all this as "unelected", as if Biden did the work himself, he didn't have an army of public servants which he had no idea what they were implementing half the time, you know, having dementia and all.

Well, the American public have voted for exactly what is happening, so all the cries about musk are the last resort of fraudsters not wanting their money stream be stopped. And of course uninformed leftists.

Why so defensive? I am attacking your logic rather than you personally.

The very reason Tesla got so far ahead in the first place was because the boss was quite possibly a very highly demanding sociopath. It's called business and people were until now quite happy to reap from the progress of it by driving Tesla. Try as you want, but every EV on the market today has been shaped by Tesla in someway.

Henry Ford also was a Nazi sympathiser remember. We could all find reasons to stop buying products if we look hard enough. But we don't, because it's quite frankly ridiculous.

One of the most powerful things we can do is decide how we spend our money especially for such a big purchase as a car. And no none of the manufacturers are without issues but I don’t know of any other CEOs actively trying to influence democracies to the far right.

Interestingly the British were largely responsible for the success of VW. It didn’t really take off until after ww2 when the British put in a big order for the Volkswagen type 1 later called the Beetle. So hitler didn’t have as much influence there as people like to make out.

Anyway back to the op. We are in same boat re needing a good sized car. The other car I strongly considered was the ID.7 estate. But it’s pricey. It’s also a far better car than the model y imo.

Not a shill for big oil? He’s cosying up to “drill baby, drill”?!

I don’t use Twitter and I don’t watch American news. I don’t have much interest in global events. If you call that living under a rock then I’l gladly continue doing so.

If you used Twitter, you'd be even more in the dark than you are currently.

”We could all find reasons to stop buying products if we look hard enough.”

Again, it’s such a generic, weak argument - the child-laborer who made the cheap T shirt I got on shein for €0.10 isn’t the wealthiest man in the world, installing himself on the right hand of the most powerful office in the world.
It’s just silly to suggest these things are comparable

Lol.

Europe's largest pension fund, Stichting Pensioenfonds ABP, has sold off its entire stake in Tesla (NASDAQ:TSLA) Inc., valued at $585 million, during the third quarter. The decision was influenced by several factors, including a disagreement over CEO Elon Musk's compensation package.

Stichting Pensioenfonds ABP spokesperson stated on Sunday that the fund had issues with Musk's pay package. The decision to divest was also influenced by considerations of costs, returns, and responsible investment requirements.
The Dutch newspaper Het Financieele Dagblad originally reported the story, noting that ABP was also concerned about poor working conditions at Tesla.

Which might explain that sign.

Musk destroyed the value of Twitter and he's well on course to wipe out the value of Tesla also. How it's valuation has held up is beyond me, unless the investors holding on are delusional in thinking the MAGA Musk tie in is actually going to improve sales and isn't going to crater the US economy and world stability and trade, which is where I think we are heading.

Tesla’s valuation is not based on reality - it’s a speculative stock inflated by hype, cult-like fervour from some investors, FOMO, and Musk’s ability for selling fantasies as next year deliveries. The company thrives as a growth stock precisely because its valuation has detached from fundamentals: it’s priced not for what it is (an automaker with shrinking margins, aging models, and aggressive competition) but for Musk’s ever-changing promises of what Tesla could be. Investors aren’t buying cars; they’re buying into a narrative of disruption, maybe not because they believe it, but because buying into it makes them money, even as Tesla repeatedly misses deadlines (Not Full Self-Driving, Roadster) and under delivers on other projects.

Elon calling Tesla a “tech company” is a deliberate smokescreen. Tech’s attraction lies in its potential for software margins and scalability, which Tesla has failed to meaningly reproduce despite promising "FSD next year" for the past 10 years. Unlike actual tech firms, Tesla’s revenue is primarily generated by manufacturing vehicles, a low-margin, cyclical industry where it’s losing market share to Chinese, and now even legacy automakers thanks to his Nazi salute and embrace of fascism.

Isn't Tesla's P/E so low that to say investors are making money off Tesla is only true if they're cashing out?

I seen various discussions about the current market chiming with the run up to the dot com bust, and Tesla is one of star mentions.

If moral compasses are skewing people away from Tesla then Chinese brands like MG, BYD and Xpeng should be off the to-buy list also

In other news it looks like the second US civil war is about to start and the starting point is at a Tesla dealership in Baltimore

https://www.cbsnews.com/baltimore/news/workers-doge-protest-tesla-baltimore-county-elon-musk-layoffs/