Comment by estearum
2 days ago
Yes their actual business is in trouble.
Why exactly do you think he keeps repositioning them as a robotics oh wait no I mean an AI company? Why is he clearly positioning Tesla to be acquired by SpaceX? Why is Tesla investing into xAI to be converted into SpaceX shares?
Tesla’s actual business, making cars, continues to degrade. The Roadster (obviously) is not going to help.
They have a huge balance sheet so it’ll take a while but Musk obviously sees the writing on the wall. The sheen is wearing off their shitty products and he doesn’t know how to add the sheen back or make the products less shitty.
>Yes their actual business is in trouble.
No it's not.
>Tesla’s actual business, making cars, continues to degrade.
False. Revenue and deliveries beat so far this year, Q3 also a beat.
Don't let your Elon Derangement Syndrome cloud your ability to think rationally.
You're aware that "beat" means "beat expectations," right? You're aware that expectations are increasingly that Tesla's business is struggling?
TSLA is down 18% YTD. That's because their business is doing so well?
>You're aware that "beat" means "beat expectations," right?
You're aware that the "expectations" are they run a profitable company, right?
>You're aware that expectations are increasingly that Tesla's business is struggling?
You're aware that the expectations are increasingly that Tesla's business is stable, and showed record deliveries and backlog in Q2?
>TSLA is down 18% YTD. That's because their business is doing so well?
Auto manufacturing sector (DJUSAU) is down 16% YTD, and Tesla's stock is overpriced to begin with. Tesla's most direct competitor in the US, Rivian, is down 34% YTD. Stop getting your business/economic news from BlueSky/reddit.
9 replies →
Just wait til all teslas are roving cell towers connected to star link. Always capturing 3d data of every single street driven. There’s still so much room for weird big things with the network being built. Scary.