Tesla Talk 2

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.

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.

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.

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.

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!

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!

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.

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.

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 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.

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!

I don’t think a model s can be bought anymore in Europe.

Gong ot here, but it’s not a massive jump to trade a 24 mth RAV4 GR (which is not on pcp/hp) to an x3 or glc or whatever.

I think investors have destroyed the company.

i only saw a juniper in the flesh last week, and while the y was never a looker, i don’t think the update did it any favours, the glasshouse looks more out of proportion with the bonnet now.