all I said is a) I don’t think the Tesla share price is justified, particularly as they seem to be abandoning their core market, and b) I think the juniper looks uglier than its predecessor.
I tend to buy at least one car every 12 months, some are interesting, most like all new cars (Tesla and Toyota included) are as dull as ditch water.
I could buy an x3 today if I wanted, so it’s not an aspiration thing. I am thinking of going to look at an e30 this evening though.
And I learned since that my query on rcta on a 3 was a very reasonable question that doesn’t have a simple yes or no answer!
A view is one thing. And completely acceptable. But you constantly come into these threads to belittle owners of said cars with your little childish outbursts while in the same breath driving a Camry, RAV4 and aspiring to own an X3 next year, all of which which look like a the back end of a Dublin bus too.
Genuine views and commentary is far from your childish posts in here, at one stage you thought your Toyota was superior for have rear cross traffic alerts and asking if Tesla even had that, which it does, just goes to demonstrate your knowledge of the subjects your attempting to belittle.
And I’ve no skin in the game here, don’t own a Tesla, but I do have 2 BMW outside.
I must have been 12/13 when someone last tried to close down a discussion on the basis above.
i love cars. Spent yesterday at a car show with my son. I can now finally can get back to buying a classic this year after selling my capri (with regret) and w201(with less regret). I spend more money than is sensible keeping my J95 Landcruiser on the road which I have had since 2014.
I am interested in Tesla and what happens it because it is/was such a disruptor. I am allowed to have a view.
You'll be safe with those stunning looking Toyotas maidhc and their incredible innovation I'm sure, your hydrogen powered machine is on pre order? I do so enjoy your little forays into these threads with nothing only wind up on your agenda don't you have fields to plough or cows to herd or something more productive to do?
A competition problem leading to a demand problem… while Tesla have being doing nothing/pretending to develop robotics the ev world has moved on.
Probably not helped by the fact the juniper looks a bit like a duck billed platypus!
I'd suggest it has a competition problem moreso
Volumes by country for the first six months.
I didn’t realise how big the UK market now is, which should help Irish sales as we can take any surplus LHD.
Ireland was 1,500 deliveries in H1, down 4% YoY, and July in Ireland was down 9% YoY, albeit on tiny volumes.
after waiting all year for the Juniper sales to save the year, Y sales are actually down versus Jun/Jul 2024. I think we can safely confirm that Tesla has a demand problem in Ireland, like everywhere else.
Everyone can, and should have an opinion, but drawing in "eminently qualified people" to support a particular viewpoint is hardly persuasive. What qualifications would they be.
Of course there are many differing viewpoints but if you want to test opinions and generalise, the share price is the best barometer in a functioning market with many buyers and sellers. When looking to this the collective views are there for all to see and the PE indicates that many, like it or not, believe there to be embedded future value in the company for the developments ongoing.
This score card is there to be reviewed every day and is as "independent" as is possible. Of course you may form an alternative view that the perspectives reflected in the share price are not from those (retail and institutional) who may not have been credited with being "eminently qualified"
10 years ago the idea of a rocket returning from space and self-docking so it can be used again would have gotten you a free pass to the lunatic asylum, yet here we are.
Are you joking? The salary costs are by far the highest cost of running a taxi. It takes at least 4 full time staff to run a single taxi 365/24 with limited working hours, sick leave and holiday leave taken into account. The salary costs will be gone in an unsupervised robotaxi. Whoever gets this to market first and can scale rapidly, globally, will take a huge slice of that trillion dollar market, with an extremely high margin
The relevant metric though is the wages of taxi drivers. There will still be wear and tear, depreciation and profit margins (and Tesla licensing). Taxi drivers are generally not well paid, many are on (or below) minimum wage. I don’t see how there is value being created by robotising their job were it even possible.
I get the articulation of musks vision with all of its eschewing cars for robotaxis, I just think it’s unachievable , as do many eminently qualified people!
Hard to know where to start with this maidhc so I won't bother suffice to say that just because you don't use taxis that doesn't mean the rest of us don't. I've spent a few hundred this week on the and expensed it for example, nor does one need to be an alcoholic to decide to leave a car at home for a night out.
I don’t know the numbers on Taxis anywhere. I don’t use taxis often, but that’s irrelevant. There is a demand for taxis and that means there is a market. I tend to only use them if going to/from the airport, but plenty of people use them daily or weekly. Think of the long wait times on the weekends in Dublin when you would be quicker walking home 20km than waiting for a taxi. No more getting into a taxi that smells like smoke because the driver thinks opening a window before a fare will be grand! Bring on the robotaxi! Maybe the androids can service them 😜
The global taxi market was a quarter of a trillion $ last year, growing to over half a trillion in the next 5-7 years (that's the most conservative of several estimates I found)
That you personally never take taxis is obviously not quite relevant here 😂
but what is the realistic annual spend by someone of taxis (compared to their car, the market Tesla is exiting), for me since getting married having a family etc it’s pretty much nil.
Regarding the android… slight pie in the sky stuff. I hope it happens!
I know lots of what I am talking about, I have dabbled in shares for 20 years, and run more than one business of my own with reasonable success. I know Tesla shares were good to people, and good for them, but that’s not a guarantee of anything into the future, maybe you are too young to remember the banking crisis in 2008…
How is there a proven market for a thing not yet invented? if let’s say we do see “robotaxis” on the streets of Dublin and Cork, what wealth is being generated? It can’t be more than supplanting the wages of the taxi driver’s, who are not paid that well to begin with.
One can argue about the reformulation of car ownership happening, but the likes of “go car “ has not been a success really. the reality is the most of us will want our private cars, and we will chose to drive because we will be in the car anyway and are not alcoholics.
Finally, even they do pull off the robotaxi thing, there it nothing stopping a competitor coming out of China + 2 years later, or less.
The suits in Zurich or the city of London get it spectacularly wrong also.
I have no real gripe with Tesla cars and Elon utterly changed the EV landscape, but what we are seeing now is a Ponzi scheme.
I think you have no idea what you're talking about @maidhc yet using your known anti-Tesla bias to throw out comments left, right, and centre.
Did the Model 3 touch you in the bad place? Was Daddy Musk mean to you? Could you not afford a non-white Model Y?
Tesla stock has been very good to a few posters here. On the other hand, haven't heard anyone comment that they lost their shirt on the stock 🤷♂️
Robotaxi is the very definition of a proven market, and that's why there is so much hope value in the shares. Personally I leave the share investing to zurich as an individual investor no matter what the stock is you trade on incomplete information.
No market for a robotaxi? If there is demand for taxis, there is demand for robotaxi.
I wouldn't mind having an android bring me a whiskey and red while I chill in th evening. Clean the kitchen, wash the car etc. Would give the missus a break 😅
I held TSLA stock for a while last year before Musk got involved with Trump and was actually interested in the company and got the feeling the value was heavily dependent on Musk and his product reveals.
There was one where he was hinting at big news and the stock started climbing which was great, his big announcement turned out to be underwhelming, they dropped, investors obviously got pissed so he did another announcement in a different way and they climbed again.
They are not the only ones working on the projects that keep the stock price artificially high and could be beaten to any or all of them.
Fundamentals of the valuation are not sound, a lot of speculators love TSLA and thats fine, but not for me.
Probably decent money to be made by trading in and out of them if you can get timing right but thats not easy either
of course I’m equating share price with risk. The company doesn’t need to go broke for one to loose a lot of one’s investment.
I think Tesla is burning cash tilting at windmills. Even if they can actually develop them, which they possibly can’t, there is no proven market for a “robotaxi” or an android thing. There is a market for motor cars, but they seem to be planning on pulling out of that one!
You're equating share price with risk. Risk is associated with actual financial failure of a venture. Tesla is cash rich and very forward focused, deploying capital to new ventures.
I think Tesla is a very high risk stock as I don’t think it will ever meet the expectations of the market and the share price will fall, dramatically. I don’t know when this will happen obviously
All investments are a gamble. And personally I prefer low risk stocks. Unless you reckon that there is a significant chance that Tesla will go bankrupt and will not be bailed out, you will agree TSLA is a low risk stock.
Several folks on here have made a heap of profit from Tesla stock movements over the last few years. I wouldn't worry about second guessing what strategies they employed or what tools were at their disposal.
Plenty of value left in this stock for several more years.
For the record, I have never said that. I have never even thought it. If I did, I would have just bought and held.
And anyone who tells you with authority that a stock is guaranteed to go in a certain direction, is a fool. And more fool you to listen to them.
Please do not post anything again I have spoken to you about privately. It is illegal and it is poor manners.
Exactly. I listened to certain people telling me how Tesla stock is the greatest thing since sliced bread and to get out of Nvidia.
I now realise more than ever that people aren't always right, no matter how authoritatively they speak.
Periods selected for price movements can always reveal many things, even more so for a volatile stock. However, the figures you quote in support of your point don't factor in the stock splits (5 for 1 Aug 31st 2020 followed by 3 for 1 - 25th August '22) . Todays price USD302 is accurate but the stock price for 1st January 2020 adjusted for stock splits was USD 28.68…the point being for the period you selected there was huge growth, well above the S&P performance. What is clear and agreed is that you can't correlate Tesla share price with fundamentals (made more difficult because it is not a pure play, Automobile Manufacturer, AI Company or whatever else making comparables more challenging). However, the Teslas shareholder base (Institutional and Retail) continue to believe that there is embedded value in the company given the huge PE assocaited with the share.
That’s not investing… that’s gambling. The issue with investing in Tesla is the business fundamentals don’t add up. They have no pipeline of new cars, the current ones are highly competent, good value, but aging. Their other markets don’t actually exist and they don’t have a product developed to fit into it. The value of the company is so high it’s a meme stock.
At least nvidia make a product and hold ip that cannot easily be replicated, and if then i suspect the inevitable enshitification of ai will harm them.
