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Economy => Economics => Topic started by: Cryptoking1205 on May 19, 2021, 08:29:30 PM



Title: The Downfall of TSLA
Post by: Cryptoking1205 on May 19, 2021, 08:29:30 PM
The fact TSLA is valued more then all the auto manufactures combined is absurd. You're naive to think big auto is just going to sit on the sidelines. Big auto has the infrastructure and production lines to mass produce fully electric vehicles for a fraction of the cost of a TSLA, something TSLA will never be able do. Ford is already leading the charge with the F-150 Lightning and converting old factories into fully electric vehicle production plants. TSLA is just as overhyped as Elon Musk.


Title: Re: The Downfall of TSLA
Post by: Hydrogen on May 19, 2021, 11:44:45 PM
Tesla unveiled plans to design and build revolutionary new battery technology for 2022.

https://external-content.duckduckgo.com/iu/?u=https%3A%2F%2Fwww.autocar.co.uk%2Fsites%2Fautocar.co.uk%2Ffiles%2Fstyles%2Fgallery_slide%2Fpublic%2Fimages%2Fcar-reviews%2Ffirst-drives%2Flegacy%2Ftesla_battery_day.jpg%3Fitok%3DN_Mni7OR&f=1&nofb=1

They claim gains of 5 times the energy, 18% gains in range and 6 times the power. Not to mention gains in manufacturing efficiency and lower cost production.

They plan to license this technology to other automakers in the future. The way that nintendo licensed old cartridge technology over existing technology like CDs/DVDs to earn an extra profit.

Anyways, if someone wanted to claim tesla stock is overvalued, this might be one good place to start.


Title: Re: The Downfall of TSLA
Post by: MrPB3N on May 20, 2021, 02:46:57 AM

They claim gains of 5 times the energy, 18% gains in range and 6 times the power. Not to mention gains in manufacturing efficiency and lower cost production.

They plan to license this technology to other automakers in the future. The way that nintendo licensed old cartridge technology over existing technology like CDs/DVDs to earn an extra profit.

Anyways, if someone wanted to claim tesla stock is overvalued, this might be one good place to start.

This is a great example for why TSLA should not be valued as simply just a car manufacturer.


Title: Re: The Downfall of TSLA
Post by: Obito on May 20, 2021, 02:59:24 AM
Tesla unveiled plans to design and build revolutionary new battery technology for 2022.

https://external-content.duckduckgo.com/iu/?u=https%3A%2F%2Fwww.autocar.co.uk%2Fsites%2Fautocar.co.uk%2Ffiles%2Fstyles%2Fgallery_slide%2Fpublic%2Fimages%2Fcar-reviews%2Ffirst-drives%2Flegacy%2Ftesla_battery_day.jpg%3Fitok%3DN_Mni7OR&f=1&nofb=1

They claim gains of 5 times the energy, 18% gains in range and 6 times the power. Not to mention gains in manufacturing efficiency and lower cost production.

They plan to license this technology to other automakers in the future. The way that nintendo licensed old cartridge technology over existing technology like CDs/DVDs to earn an extra profit.

Anyways, if someone wanted to claim tesla stock is overvalued, this might be one good place to start.
This new battery could be a big step in energy storage aspect of our civilization because we lack innovation in that part and I think that if this is a successful product, pretty sure it will make the value of Tesla go up, I think that if we want to make some money in the future, I am pretty sure that Tesla can be a part of that.


Title: Re: The Downfall of TSLA
Post by: DigitalFox on May 20, 2021, 03:17:59 AM
Tesla unveiled plans to design and build revolutionary new battery technology for 2022.

Tesla constantly unveils their plans for this and that, yet many of these projects later prove themselves to be unsustainable.


Title: Re: The Downfall of TSLA
Post by: semobo on May 20, 2021, 03:25:49 AM
Tesla is getting bigger and bigger just with their idea but yet to deliver the actual products to the customers. Probably in future all these people will realize that they are investing on an overhyped share, but now they are the bigger electric cars and with the word electric cars are the future they are keeping them in the leading position but in the next 10 years we will see every car manufacturers will be doing the same.


Title: Re: The Downfall of TSLA
Post by: amishmanish on May 20, 2021, 04:31:57 AM
Tesla unveiled plans to design and build revolutionary new battery technology for 2022.

Tesla constantly unveils their plans for this and that, yet many of these projects later prove themselves to be unsustainable.
You cannot say that. The existing Tesla models have had several groundbreaking innovations. The Induction motor that the Tesla's use, the cooling pumps, battery management system are all systems that have not been seen before at such scale.

Couple this with the battery tech update shared by Hydrogen, it is easy to see where Tesla, the company gets its value from. Now about TSLA, the stock, that is up to the market to decide. One thing is clear that the sort of P/E ratios have never been seen before with such a huge company. Its downfall can't really be due to its fundamentals as a tech giant, but probably due to Musk's irrational behavior since he has linked, then de-linked, then again liked Tesla with Bitcoin.


Title: Re: The Downfall of TSLA
Post by: DigitalFox on May 20, 2021, 07:09:05 AM
Tesla unveiled plans to design and build revolutionary new battery technology for 2022.

Tesla constantly unveils their plans for this and that, yet many of these projects later prove themselves to be unsustainable.
You cannot say that. The existing Tesla models have had several groundbreaking innovations. The Induction motor that the Tesla's use, the cooling pumps, battery management system are all systems that have not been seen before at such scale.

Tesla uses both magnetic and asynchronic (not sure about spelling) motors depending on the model (3 is magnetic, Y is asynchronic, for example). None of the motors themselves are ground braking innovations though cooling technologies Tesla develops are quite modern. BMS... nothing really new there, from what we saw. Do you know why other manufacturers don't use asynchronic motors in their cars? The answer is simple, these cost way more than a magnetic motor.
Having said all that I'm not arguing about Tesla cars as a whole, they are very good and I wouldn't mind buying one for personal use. But my previous post's point was different. I meant things like Hyperloop, Power wall etc. 


Title: Re: The Downfall of TSLA
Post by: NeuroticFish on May 20, 2021, 07:19:59 AM
Tesla unveiled plans to design and build revolutionary new battery technology for 2022.
[~snip~]
Anyways, if someone wanted to claim tesla stock is overvalued, this might be one good place to start.

This is a good start indeed.
Many traders "buy the rumors" and "sell the news" and don't care much how true will these rumors prove to be as long as they get to earn a quick buck.
Elon knows all this and therefore knows how to feed them with the rumors they want to hear so the TSLA bubble stays inflated.

I've said already that Tesla is a over-hyped auto-maker wannabe. As long as they earn more from green certificates and Bitcoin than from building and selling cars I cannot rank them as proper automaker.
If they will come with a proper breakthrough, if they invent a much better (and also cheap enough) battery, then they'll have my praise. But not before. Not for rumors.


Title: Re: The Downfall of TSLA
Post by: Mauser on May 20, 2021, 07:32:44 AM
The fact TSLA is valued more then all the auto manufactures combined is absurd. You're naive to think big auto is just going to sit on the sidelines. Big auto has the infrastructure and production lines to mass produce fully electric vehicles for a fraction of the cost of a TSLA, something TSLA will never be able do. Ford is already leading the charge with the F-150 Lightning and converting old factories into fully electric vehicle production plants. TSLA is just as overhyped as Elon Musk.

I agree with you, the value of Tesla is too high in my opinion. The whole hype is based around Elon Musk and after the last few weeks I think we all realised that he can't be trusted anymore.  How can you change your mind about bitcoins so quickly? The argument that the mining process is bad for the environment is false, all currencies cost money to create and support, it is not only Bitcoins. So by misusing his Twitter account he stopped whole crypto hype with a few tweets. We all should stop believing in Elon Musk.


Title: Re: The Downfall of TSLA
Post by: DooMAD on May 20, 2021, 08:39:44 AM
Apparently they're getting into trouble with their solar roofs project.  Someone's filing a lawsuit.  They do seem to have a talent for pissing people off, heh.


Title: Re: The Downfall of TSLA
Post by: countryfree on May 20, 2021, 11:07:31 AM
You can't believe what Tesla says. I remember they talked about a new roadster in late 2017. They've shown a prototype telling it would be available in 2020. But the world has yet to see it, same thing for the semi truck which was unveiled at the same time.


Title: Re: The Downfall of TSLA
Post by: davis196 on May 20, 2021, 11:39:10 AM
The fact TSLA is valued more then all the auto manufactures combined is absurd. You're naive to think big auto is just going to sit on the sidelines. Big auto has the infrastructure and production lines to mass produce fully electric vehicles for a fraction of the cost of a TSLA, something TSLA will never be able do. Ford is already leading the charge with the F-150 Lightning and converting old factories into fully electric vehicle production plants. TSLA is just as overhyped as Elon Musk.

We already know that.Tesla is profitable only because of the regulatory credits.
I wonder how the Tesla stocks increased their price more than 10 times for 3 years.This must have been some sort of market manipulation.Bitcoin isn't the only financial asset with a manipulated price,I guess. ;D
I think that the only competitive advantage of Tesla aren't the electric cars,but the Li-ion batteries.
I also think that not only Tesla,but electric cars in general are over hyped.


Title: Re: The Downfall of TSLA
Post by: aysg76 on May 20, 2021, 01:25:43 PM
The fact TSLA is valued more then all the auto manufactures combined is absurd. You're naive to think big auto is just going to sit on the sidelines. Big auto has the infrastructure and production lines to mass produce fully electric vehicles for a fraction of the cost of a TSLA, something TSLA will never be able do. Ford is already leading the charge with the F-150 Lightning and converting old factories into fully electric vehicle production plants. TSLA is just as overhyped as Elon Musk.
At this time Tesla cars are hyped in the market comparitavely to other electronic cars like Ford because of the Batteries, speed and AI technology but more sales are in the name of Elon Musk at this time.The overpriced share prices fell from 52 week high of $900 to $563 at current but major important dips came afterwards Elon Musk announcement of Tesla banning Bitcoin acceptance.He has also lost second richest position after that because of his constant tweets against crypto market.But Tesla has some unveiled plans to compete for future like introduction of batteries as stated by @Hydrogen because share prices went up whenever there is some positive rumours in the market and investors purchase bulk future orders rising share prices.Moreover he is building many gigafactories in various countries to expand his business and planning to add on more AI feature to car industry.So you can say he has plans and know what exactly to do at what time.This is his business strategy in which he is succeeding.


Title: Re: The Downfall of TSLA
Post by: Bitstar_coin on May 20, 2021, 01:26:54 PM
The fact TSLA is valued more then all the auto manufactures combined is absurd. You're naive to think big auto is just going to sit on the sidelines. Big auto has the infrastructure and production lines to mass produce fully electric vehicles for a fraction of the cost of a TSLA, something TSLA will never be able do. Ford is already leading the charge with the F-150 Lightning and converting old factories into fully electric vehicle production plants. TSLA is just as overhyped as Elon Musk.

Actually i really do not care what happens to TSLA and his owner, am sure he is more than capable to make some tweets and boost the price of tsla up when it dumps, i really hope it does then i will have to see what manner of tweet he can make to raise the price back up, am seriuosly rooting for other giant automobile to take up the challenge.


Title: Re: The Downfall of TSLA
Post by: stompix on May 20, 2021, 02:37:39 PM
The fact TSLA is valued more then all the auto manufactures combined is absurd.

And I bet you didn't give a damn about this till Elon started dabbling in Crypto. Nor did 99% of the other people who are angry now cause they feel like they can't covert BTC in as much precious fiat as they could one week ago.

Do you know what's absurd?
This whole obsession with Tesla and Musk, the whole cheering when they were accepting BTC and how Telsala is truly innovative and then how the same people were shouting that no bitcoin owner would ever buy a crappy car like that.
It's amazing the amount of spit people can throw at something after licking it so clean it shined stronger than the Sun!

Bitcoin was supposed to be about freedom, not about cursing to death the people you don't like!


Title: Re: The Downfall of TSLA
Post by: The Sceptical Chymist on May 20, 2021, 04:00:30 PM
TSLA is just as overhyped as Elon Musk.
I happen to agree, and I think you're correct about the rest of the world's auto makers.  Tesla just happened to be the one that kicked off the electric car craze.  If indeed the world starts moving toward electric vehicles, you'd better believe Ford, Honda, Toyota, Mercedes, and all the other car manufacturers will begin producing very fine e-vehicles, and Tesla will be just one among many.

I haven't looked at Tesla's market cap--is it really greater than all the other auto makers combined?  I find that hard to believe, but if it's true, it's absolutely absurd.  The short sellers are going to get rich, no doubt, but it's just a question of timing.  Who knows when Tesla stock will drop to a proper valuation.  Right now the stock market seems to be in a period of irrationality, and such periods can last quite some time.

Do you know what's absurd?
This whole obsession with Tesla and Musk, the whole cheering when they were accepting BTC and how Telsala is truly innovative and then how the same people were shouting that no bitcoin owner would ever buy a crappy car like that.
I know your post wasn't directed at me in particular, but for the record, I don't think I've ever cheered Tesla other than to perhaps state that them accepting bitcoin was cool.  Nor have I changed my opinion about them as a company (I don't really have a strong opinion, but I do like e-cars).  I don't even care that they stopped accepting bitcoin, though I think Elon Musk didn't/doesn't think things through thoroughly before taking action--at least he didn't appear to when he started dabbling in crypto, as you put it. 


Title: Re: The Downfall of TSLA
Post by: dothebeats on May 20, 2021, 04:38:07 PM
Tesla unveiled plans to design and build revolutionary new battery technology for 2022.

Tesla constantly unveils their plans for this and that, yet many of these projects later prove themselves to be unsustainable.

Or they are unable to deliver their proposed targets. Pick your poison. Not that they cannot do it, but with the amount of money that are being pumped into TSLA, they should at least be able to avoid months on manufacturing. But that's currently what's happening on some of their EV models. It must suck so hard to the consumers who paid in advance and wait for months to actually get what they ordered for. especially if the automaker mentions that they can deliver it in X time frame. I like the concept of electric cars replacing gas automobiles for a more sustainable environment, but Musk seemed to get his ego overinflated by receiving too much praise for his 'revolutionary' company.

Sooner or later, Toyota, Honda, Ford, and other car manufacturers would catch up, and that's a fact.


Title: Re: The Downfall of TSLA
Post by: sheenshane on May 20, 2021, 04:54:31 PM
Tesla unveiled plans to design and build revolutionary new battery technology for 2022.

Tesla constantly unveils their plans for this and that, yet many of these projects later prove themselves to be unsustainable.

Or they are unable to deliver their proposed targets. Pick your poison. Not that they cannot do it, but with the amount of money that are being pumped into TSLA, they should at least be able to avoid months on manufacturing.
I tend to agree and as I can see, Tesla’s CEO is really good at framing the mass in a way that they become somehow hypnotized.  The company really is capable of having good and innovative technologies.  The only problem is that they less at execution and mass production and that is too important in the industry they have chosen.

Tesla stocks or shares are having value not because they earn good profits, it’s because the company is promising enough to convince them.  That's a too important set of skills the executives have to have on their skill sets.

It just works fine now, but when the time comes, Tesla will be forced to mass produce as if they are not able to it, then they would go down massively IMO.


Title: Re: The Downfall of TSLA
Post by: slapper on May 20, 2021, 05:25:54 PM
It can be either overvalued or realistic. Who knows? Perhaps people believe in Elon Musk and how he will rock the world with his genius idea. He is awesome, IMO, but there are more things that need to be done before Tesla truly becomes the number one company on the planet. I feel like he is overconfident and forgets how to manufacture properly.

Even though the stocks may be overbought, Elon Musk's legacies are undeniable because of the revolution started by him. Besides, SpaceX seems do not to have any competitors at the moment. Maybe space adventure is what he truly looks forward to


Title: Re: The Downfall of TSLA
Post by: stompix on May 20, 2021, 05:34:42 PM
If indeed the world starts moving toward electric vehicles, you'd better believe Ford, Honda, Toyota, Mercedes, and all the other car manufacturers will begin producing very fine e-vehicles, and Tesla will be just one among many.
~~~~
I know your post wasn't directed at me in particular, but for the record, I don't think I've ever cheered Tesla other than to perhaps state that them accepting bitcoin was cool.  Nor have I changed my opinion about them as a company (I don't really have a strong opinion, but I do like e-cars). 

Of course, I targeted only the ones that were spamming the whole Tesla Elon hype around and who now are screaming exactly the opposite, the people throwing stones at Saint Elon (https://bitcointalk.org/index.php?topic=5338031.msg57030465#msg57030465), at looks like there are quite a lot of them, May isn't over yet and he has a lot more tweets ready as far as I can guess ;D.

As for Tesla, quite funny, I disliked that company for a long time and especially their valuation, how the hell can it be evaluated that much right now as it's bigger than the other 8 major car manufacturers, they would have to produce half of the world cars and the other ones waiting patiently and see their market share erode and all this while exactly the opposite is happening as Tesla is losing market share in electric vehicle car sales, even if we exclude those Chinese cars that will never be allowed for registration in the EU.
But if they fail in the end it's not going to be because they've sold BTC at the wrong time or bitcoiners boycotting them

Other than that I'm a bit concerned with this antagonization of Tesla some hardcore bitcoiners are pushing overall social media.
I've seen few discussions where people trying to defend the power issue have started calling tesla owners all sorts of names and accusing them of killing the planet and so on, this is just making more people avoid bitcoin in the end.

It can be either overvalued or realistic.

Or undervalued...when Elon comes back and says he has bought another 1.5 billion worth of BTC  ;D


Title: Re: The Downfall of TSLA
Post by: bitmover on May 20, 2021, 06:11:38 PM

It can be either overvalued or realistic.

Or undervalued...when Elon comes back and says he has bought another 1.5 billion worth of BTC  ;D

It is very hard to say something is overpriced or not. The price is always looking at the future, as investors are looking at the future, always. This is why we have so much volatility in all markets, because the future is always uncertain. 

But the future looks bright for tesla. There is a real "green" theme in the air , and now that trump lost the election, biden is really a more green guy. He will give more subsidies to green companies, like tesla.

Personally  I believe that in the future old cars will lose ground year after year... electric cars are cleaner and more silent.

So its make sense to see Tesla worth more money than Ford or BMW.


They claim gains of 5 times the energy, 18% gains in range and 6 times the power. Not to mention gains in manufacturing efficiency and lower cost production.

They plan to license this technology to other automakers in the future. The way that nintendo licensed old cartridge technology over existing technology like CDs/DVDs to earn an extra profit.

Anyways, if someone wanted to claim tesla stock is overvalued, this might be one good place to start.

This is a great example for why TSLA should not be valued as simply just a car manufacturer.

I also agree with hydrogen here. Tesla is developing new technologies,  which will be used in many different industries.  Thise batteries are more potent, and their tech will be everywhere in the future. This is a tech which may change a lot in our world.

It is sad that Elon musk is a lunatic ...


Title: Re: The Downfall of TSLA
Post by: sana54210 on May 20, 2021, 08:25:19 PM
if someone wanted to claim tesla stock is overvalued, this might be one good place to start.
If people want to claim that Tesla stock is overvalued, that is not because of what they do, it is because what they claim they will do and I do agree with that.

I do not think that Tesla price being overvalued is a problem, there are so many stocks in the world that are overvalued because people keep investing into stocks and some of them are at the top, Amazon for example was overvalued for over a decade because it was a company that did not profited, and yet people still valued it so high, all because the potential of what it may do, well it did it now and it went up even more than expected which means it is overvalued even after profiting.

Think of these both (and many other) companies as these numbers (numbers are made up, but it is just example), you pay 1 dollar to a company because it will be 5 dollar in the future but right now it should be valued at 0.50 dollars, then one day it does become 5 dollars and you tell people "see I told you so", just because it reached 5 dollars doesn't mean you bought it too expensive at that time.


Title: Re: The Downfall of TSLA
Post by: teosanru on May 20, 2021, 09:08:25 PM
The fact TSLA is valued more then all the auto manufactures combined is absurd. You're naive to think big auto is just going to sit on the sidelines. Big auto has the infrastructure and production lines to mass produce fully electric vehicles for a fraction of the cost of a TSLA, something TSLA will never be able do. Ford is already leading the charge with the F-150 Lightning and converting old factories into fully electric vehicle production plants. TSLA is just as overhyped as Elon Musk.
I would have completely agreed with you and your thesis if Tesla wouldn't have been making breakthrough technologies everyday. The sole fact that Tesla is the market maker in almost every product they try to step in is the reason that their stock price command such huge premium. I do agree it might look overvalued if you see the financials and especially that the company is actually running on operating losses. But the primary cost of R&D is the prime reason behind the huge losses of the company. Also despite operation losses company is Cash. positive infact has such huge cash reserves that it decided to invest in Bitcoin too. I do agree it is slightly overvalued but if you add the sentimental value of Tesla it's round about exactly where it should be. Moroever, I don't think Tesla would correct a lot instead I think it's financials will soon start reflecting the reason for such a price.


Title: Re: The Downfall of TSLA
Post by: jaysabi on May 21, 2021, 03:10:17 AM
Tesla unveiled plans to design and build revolutionary new battery technology for 2022.

...

Anyways, if someone wanted to claim tesla stock is overvalued, this might be one good place to start.

"Plans to design" is a long way off from an ability to build. This is a hype piece and there's nothing of substance. Elon's "plans" are pretty worthless. He overhypes everything and falls short on the hype when push comes to shove. He's been promising battery breakthroughs for years already and not delivered on it. It's only in the past year that he's started meeting the annual vehicle production rates he promises; he's quit well-known for setting production targets and never reaching them.

So yeah, Tesla's overvalued because they haven't done squat about the batteries yet and Elon's "plans" to solve the battery issue isn't worth anything until he actually does it.


Title: Re: The Downfall of TSLA
Post by: amishmanish on May 21, 2021, 05:06:08 AM
If indeed the world starts moving toward electric vehicles, you'd better believe Ford, Honda, Toyota, Mercedes, and all the other car manufacturers will begin producing very fine e-vehicles, and Tesla will be just one among many.
~~~~
I know your post wasn't directed at me in particular, but for the record, I don't think I've ever cheered Tesla other than to perhaps state that them accepting bitcoin was cool.  Nor have I changed my opinion about them as a company (I don't really have a strong opinion, but I do like e-cars). 
--snip--
Other than that I'm a bit concerned with this antagonization of Tesla some hardcore bitcoiners are pushing overall social media.
I've seen few discussions where people trying to defend the power issue have started calling tesla owners all sorts of names and accusing them of killing the planet and so on, this is just making more people avoid bitcoin in the end.
Totally agree. At one point, Bitcoiners are like the champions of this new technology that will replace money and make people have more financial control than what the nexus of politicians, banks and corporates allow them. On the other, the moment their fiat earning are taking a dump, they are out rallying against the EV revolution that Tesla started.

None of the other automakers were interested in putting money and research into EVs till Musk came along and showed that this could be done and people will buy them. Not to forget his other long term plans plus innovations at SpaceX. The re-landings are now routine. SN15 just did the first successful re-landing. Every day the guy is pushing the envelope of whats possible for humans. Antagonizing that community doesn't really match up to the values of Bitcoin.


Title: Re: The Downfall of TSLA
Post by: casperBGD on May 21, 2021, 06:30:17 AM
~snip
Every day the guy is pushing the envelope of whats possible for humans. Antagonizing that community doesn't really match up to the values of Bitcoin.

how I see it, this is the real issue
Elon is an innovator, he heard about Bitcoin innovation, get interested, but it came out that Bitcoin innovation is finished, and Bitcoin is pretty much unchangeable at the time being
for Elon, innovation is the state of mind, and it does not seem as he would stuck with unchangeable things, or be interested in it, no matter how hard this innovation is changing the world in other means

nevertheless, I do not think that he is done with cryptocurrencies


Title: Re: The Downfall of TSLA
Post by: zanezane on May 21, 2021, 06:37:35 AM
Apparently they're getting into trouble with their solar roofs project.  Someone's filing a lawsuit.  They do seem to have a talent for pissing people off, heh.
Not any different from other big companies out there, I think pissing off people should be a natural talent for companies to make it big. Never heard of the lawsuit with the solar roof projects but I have heard that they had problems with people in Texas near their Spacex planned basecamp.


Title: Re: The Downfall of TSLA
Post by: amishmanish on May 21, 2021, 07:04:28 AM
~snip
Every day the guy is pushing the envelope of whats possible for humans. Antagonizing that community doesn't really match up to the values of Bitcoin.

how I see it, this is the real issue
Elon is an innovator, he heard about Bitcoin innovation, get interested, but it came out that Bitcoin innovation is finished, and Bitcoin is pretty much unchangeable at the time being
for Elon, innovation is the state of mind, and it does not seem as he would stuck with unchangeable things, or be interested in it, no matter how hard this innovation is changing the world in other means

nevertheless, I do not think that he is done with cryptocurrencies
I think he failed to grasp the political and economic argument behind the soundness of Bitcoin and has only yet focussed on the technical part.

This is why he jumped on the wagon without being clear about why the community has stood behind Bitcoin for so long and why do we need PoW from a coin with no central leadership, open development and a history of securing billions in transaction. The comment about 10X blocksize and blocktime was so un-informed that I couldn't believe it was Musk. We all know he doesn't do everything by himself but he is behind a lot of design activities in SpaceX. This just confirms though that being an expert in rockets doesn't make you an expert on cryptography. A lot of newbies think so.

It was funnily evident on one noobs' reply to Adam Back on Twitter asking him, "Do you think you know more about crypto than Elon?". The community was like, "Duh, yeah he does".


Title: Re: The Downfall of TSLA
Post by: Kong Hey Pakboy on May 21, 2021, 09:34:21 AM
Is Tesla operating? If yes then there was no downfall, though their stocks are suffering right now, I don't think that they won't be going away anytime soon, I think downfall is not the right word because it implies that Tesla will not be able to recover from this which isn't true since they are a revolutionary company.


Title: Re: The Downfall of TSLA
Post by: DoublerHunter on May 21, 2021, 11:31:16 AM
Is Tesla operating? If yes then there was no downfall, though their stocks are suffering right now, I don't think that they won't be going away anytime soon, I think downfall is not the right word because it implies that Tesla will not be able to recover from this which isn't true since they are a revolutionary company.
^ It is fully operational and regardless of production rate, the promises of innovation Tesla is offering are too effective. That is why their stocks are soaring high even when profits were not there yet. Elon Musk is a capable man, that person is not just a businessman or even an entrepreneur. He is a technical person as well. That is why the trust of the people is with him and we can’t blame those people who support him. Not just that, his prototypes are solving problems that possibly be adopted on a global scale. A business model that is scalable is somehow promising though.  Nevertheless, these are my opinion, let me know what is your take.


Title: Re: The Downfall of TSLA
Post by: perfect999 on May 23, 2021, 10:20:54 AM
The fact TSLA is valued more then all the auto manufactures combined is absurd. You're naive to think big auto is just going to sit on the sidelines. Big auto has the infrastructure and production lines to mass produce fully electric vehicles for a fraction of the cost of a TSLA, something TSLA will never be able do. Ford is already leading the charge with the F-150 Lightning and converting old factories into fully electric vehicle production plants. TSLA is just as overhyped as Elon Musk.
One thing with TESLA that makes them seem like they are really ahead of other motor companies is their innovation. They are always coming up with new ideas on how to do things and they keep pushing. And apart from that, they also have a really huge fan base that is supporting them, through the influence of Elon Musk.

But, that doesn’t mean that other motor companies cannot be able to compete with them, they can as well do that if they want to, but they are going to have to do better than that and it takes hard work . Once other companies starts releasing their own and also coming up with their own innovations, then the competition is going to be leveled. It’s all with time. The company you least expect can even be the one that will pop up tomorrow.


Title: Re: The Downfall of TSLA
Post by: Unplugged on May 23, 2021, 11:56:35 AM
TSLA is just as overhyped as Elon Musk.

That statement is quite true but really most of Tesla's products has been top notch and well delivered (ahem* Cybertruck). They are more inclined for a sustainable future but really the backbone of the company has been exploiting low-labor cost workers. Elon twitting and talking about crypto in general is a move to entice the market, other than that is just a plain tactic to squeeze some gains in a short time which will eventually result in a loss (which we see now since they remove accepting btc as payment and their stock price is affected).


Title: Re: Sự sụp đổ của TSLA
Post by: grabpopcorn536 on May 23, 2021, 12:28:59 PM
The world financial markets have been hot for many days. From March 2020 to now, the S&P500 has been hot and surpassed 4000 points. TESLA stock is among the fastest-growing in this index. TESLA's drop started when Elon Musk FUD Bitcoin. In just one week Bitcoin has dropped 50% in value and TESLA stock is down 25%. This is so coincidental.


Title: Re: The Downfall of TSLA
Post by: danherbias07 on May 23, 2021, 01:45:52 PM
His real downfall is when he started making Tweets against Bitcoin or worse, when he started joining the cryptocurrency trend.
Obviously, his aim is not about the payment system that needs to be changed or his company want to accept, it's all about profits.
Dragging his investors into the same path and leading them where to put all those money and when to sell it. It's a good way to manipulate the small crypto market but not Bitcoin.
It didn't emerged just a few years back. It's roots are way back and it's not easy to take down a vast tree. Not a single guy or even paired with his rich partners.


Title: Re: The Downfall of TSLA
Post by: jostorres on May 23, 2021, 05:48:37 PM
Probably in future all these people will realize that they are investing on an overhyped share, but now they are the bigger electric cars and with the word electric cars are the future they are keeping them in the leading position but in the next 10 years we will see every car manufacturers will be doing the same.
They are rated high because of their innovation in technology as you can also see from the information posted above by Hydrogen how they are again bringing and testing new technologies.

Apparently they're getting into trouble with their solar roofs project.  Someone's filing a lawsuit.  They do seem to have a talent for pissing people off, heh.
Indeed and there are multiple ways they have pissed people, you know what I am saying right ;D.

It is good to see innovation coming from them but I would rather want them to stay outside the crypto world for a while. Accepting and later cancelling BTC payment method has overall only brought them negative vibes. A car manufacturing company should only focus on technology which they are excellent at but should avoid making rushed decisions.


Title: Re: The Downfall of TSLA
Post by: Silberman on May 23, 2021, 05:51:25 PM
Tesla unveiled plans to design and build revolutionary new battery technology for 2022.

Tesla constantly unveils their plans for this and that, yet many of these projects later prove themselves to be unsustainable.
That is my main issue with all of this, new ideas move the world forward that is true but the execution and how to materialize those ideas is in fact way more important, if they actually make that battery then that is an actual progress but if that never happens then it was just a waste of time and if anything it may seem like an effort to try to keep the price of the stock of TSLA high enough for the time being, which is yet another form to manipulate the market on their favor.


Title: Re: The Downfall of TSLA
Post by: Bitstar_coin on May 24, 2021, 10:44:02 AM
It can be either overvalued or realistic. Who knows? Perhaps people believe in Elon Musk and how he will rock the world with his genius idea. He is awesome, IMO, but there are more things that need to be done before Tesla truly becomes the number one company on the planet. I feel like he is overconfident and forgets how to manufacture properly.
.......

People use to believe in previous Elon and not this meme promoter kind of Musk, he has deposit all his brilliant ideas on promoting shitcoins rather than focusing more own his on invention, he his confident because he feels there no more genius on the planet earth that's the reason why he is so confident, perhaps before anyone can match up with him may take some time,  but that's not a reason to mess with people's feelings.


Title: Re: The Downfall of TSLA
Post by: bryant.coleman on May 24, 2021, 01:17:12 PM
People use to believe in previous Elon and not this meme promoter kind of Musk, he has deposit all his brilliant ideas on promoting shitcoins rather than focusing more own his on invention, he his confident because he feels there no more genius on the planet earth that's the reason why he is so confident, perhaps before anyone can match up with him may take some time,  but that's not a reason to mess with people's feelings.

He is the world's second richest person and obviously he has a lot of followers. McAfee had a fraction of the followers Musk had and we all saw how he made hundreds of millions of $$$ by manipulating the cryptocurrency market. Now Musk is slowly following the example set by McAfee, by trying to manipulate the market using his social media influence. If he doesn't back off, then he will face the same fate as that of McAfee. And if that happens, then I will be really sad. Because Musk is a very talented person, and he can use that talent for the well being of humanity.


Title: Re: The Downfall of TSLA
Post by: Silberman on May 26, 2021, 05:43:28 PM
People use to believe in previous Elon and not this meme promoter kind of Musk, he has deposit all his brilliant ideas on promoting shitcoins rather than focusing more own his on invention, he his confident because he feels there no more genius on the planet earth that's the reason why he is so confident, perhaps before anyone can match up with him may take some time,  but that's not a reason to mess with people's feelings.

He is the world's second richest person and obviously he has a lot of followers. McAfee had a fraction of the followers Musk had and we all saw how he made hundreds of millions of $$$ by manipulating the cryptocurrency market. Now Musk is slowly following the example set by McAfee, by trying to manipulate the market using his social media influence. If he doesn't back off, then he will face the same fate as that of McAfee. And if that happens, then I will be really sad. Because Musk is a very talented person, and he can use that talent for the well being of humanity.
This is the same that I have been thinking, Musk is doing exactly what McAfee was doing and we know that this is not a good path to take and yet he seems confident he can do whatever he wants and there are not going to be any repercussions for his actions, but I think he is feeling for the first time some pushback as he has been trying to backtrack his previous tweets and trying to make it seem as if he is still onboard of bitcoin when I doubt he is holding any bitcoin anymore.


Title: Re: The Downfall of TSLA
Post by: TheGreatPython on May 26, 2021, 06:41:59 PM
Tesla unveiled plans to design and build revolutionary new battery technology for 2022.
Good to learn something new. The recent hate and negative talks around Tesla have almost nothing to do with their technology as much as it has to do with their CEO, Elon Musk. We all know how his involvement in the crypto has always been speculated and till it was good and profitable for people they even claimed that Tesla's shares are underpriced but because of the downfall in crypto, some are even claiming tesla will shut down.

They claim gains of 5 times the energy, 18% gains in range and 6 times the power. Not to mention gains in manufacturing efficiency and lower cost production.

They plan to license this technology to other automakers in the future. The way that nintendo licensed old cartridge technology over existing technology like CDs/DVDs to earn an extra profit.
That would be a great achievement actually not just for the cost of production lowered but having more manufactures means there would be more cars with the same superior technology.


Title: Re: The Downfall of TSLA
Post by: Mahanton on May 26, 2021, 10:52:46 PM
People use to believe in previous Elon and not this meme promoter kind of Musk, he has deposit all his brilliant ideas on promoting shitcoins rather than focusing more own his on invention, he his confident because he feels there no more genius on the planet earth that's the reason why he is so confident, perhaps before anyone can match up with him may take some time,  but that's not a reason to mess with people's feelings.

He is the world's second richest person and obviously he has a lot of followers. McAfee had a fraction of the followers Musk had and we all saw how he made hundreds of millions of $$$ by manipulating the cryptocurrency market. Now Musk is slowly following the example set by McAfee, by trying to manipulate the market using his social media influence. If he doesn't back off, then he will face the same fate as that of McAfee. And if that happens, then I will be really sad. Because Musk is a very talented person, and he can use that talent for the well being of humanity.
This is the same that I have been thinking, Musk is doing exactly what McAfee was doing and we know that this is not a good path to take and yet he seems confident he can do whatever he wants and there are not going to be any repercussions for his actions, but I think he is feeling for the first time some pushback as he has been trying to backtrack his previous tweets and trying to make it seem as if he is still onboard of bitcoin when I doubt he is holding any bitcoin anymore.
No one knows if he do still holds or he already sell them off and one of the reasons on why we are really going low but i do agree on the words that he is trying out to get back on what the community
been treating before he had made out those bullshit tweets against Bitcoin or the entire crypto and trying to get it back in the form of trust and making his image to be fine again?
Once the public or the community had seen the true colors then its hard to take it back and this wont only affect his reputation but also into other
things that correlates or connected to him.


Title: Re: The Downfall of TSLA
Post by: Kittygalore on May 27, 2021, 08:26:46 AM
The world financial markets have been hot for many days. From March 2020 to now, the S&P500 has been hot and surpassed 4000 points. TESLA stock is among the fastest-growing in this index. TESLA's drop started when Elon Musk FUD Bitcoin. In just one week Bitcoin has dropped 50% in value and TESLA stock is down 25%. This is so coincidental.
They get FUDs too so we can expect their stocks to go down and I don't think there will be no downfall happening because Tesla is a revolutionary car company that will definitely boom when the trend of electric fueled cars become more prevalent. It's not just coincidence because I think that whenever something negative happens to a company, their stocks will be affected too.


Title: Re: The Downfall of TSLA
Post by: grabpopcorn536 on May 27, 2021, 10:17:57 AM
The world financial markets have been hot for many days. From March 2020 to now, the S&P500 has been hot and surpassed 4000 points. TESLA stock is among the fastest-growing in this index. TESLA's drop started when Elon Musk FUD Bitcoin. In just one week Bitcoin has dropped 50% in value and TESLA stock is down 25%. This is so coincidental.
They get FUDs too so we can expect their stocks to go down and I don't think there will be no downfall happening because Tesla is a revolutionary car company that will definitely boom when the trend of electric fueled cars become more prevalent. It's not just coincidence because I think that whenever something negative happens to a company, their stocks will be affected too.


People were no longer surprised about electric cars. The electric car hype is over. Now car companies all over the world are involved in the research and production of electric cars. Perhaps automakers do better than TESLA because they have a long experience in car manufacturing.
Recently I read about Volkswagen selling more electric cars than TESLA. In the next few years, the electric car market will probably be tougher because of competition from car manufacturers.


https://thedriven.io/2021/02/22/vw-sells-more-electric-cars-than-tesla-for-first-time-but-most-are-plug-in-hybrids/


Title: Re: The Downfall of TSLA
Post by: Kittygalore on May 27, 2021, 10:42:53 AM
~
People were no longer surprised about electric cars. The electric car hype is over. Now car companies all over the world are involved in the research and production of electric cars. Perhaps automakers do better than TESLA because they have a long experience in car manufacturing.
Recently I read about Volkswagen selling more electric cars than TESLA. In the next few years, the electric car market will probably be tougher because of competition from car manufacturers.


https://thedriven.io/2021/02/22/vw-sells-more-electric-cars-than-tesla-for-first-time-but-most-are-plug-in-hybrids/
Even if the people aren't surprised, did you see more electric cars used compared to gas fueled cars? I don't think so. With competition, the prices are going to go down and Tesla is going to be the first electric that will come to the mind of this people, they made electric cars more famous so they have a higher chance of being bought.


Title: Re: The Downfall of TSLA
Post by: Kong Hey Pakboy on May 27, 2021, 11:35:45 AM
Is Tesla operating? If yes then there was no downfall, though their stocks are suffering right now, I don't think that they won't be going away anytime soon, I think downfall is not the right word because it implies that Tesla will not be able to recover from this which isn't true since they are a revolutionary company.
^ It is fully operational and regardless of production rate, the promises of innovation Tesla is offering are too effective. That is why their stocks are soaring high even when profits were not there yet. Elon Musk is a capable man, that person is not just a businessman or even an entrepreneur. He is a technical person as well. That is why the trust of the people is with him and we can’t blame those people who support him. Not just that, his prototypes are solving problems that possibly be adopted on a global scale. A business model that is scalable is somehow promising though.  Nevertheless, these are my opinion, let me know what is your take.
I believe that his ideas are visionary but the problem that I see is that his idea are too far flung and there are other possible solutions that he can contribute like colonizing the moon before Mars or perfecting 3D printing technology, or sea steads or ocean clean up. The people who follow him most of the time are just bandwagons who thought it would be cool if they follow Elon.


Title: Re: The Downfall of TSLA
Post by: grabpopcorn536 on May 27, 2021, 12:48:33 PM
~
People were no longer surprised about electric cars. The electric car hype is over. Now car companies all over the world are involved in the research and production of electric cars. Perhaps automakers do better than TESLA because they have a long experience in car manufacturing.
Recently I read about Volkswagen selling more electric cars than TESLA. In the next few years, the electric car market will probably be tougher because of competition from car manufacturers.


https://thedriven.io/2021/02/22/vw-sells-more-electric-cars-than-tesla-for-first-time-but-most-are-plug-in-hybrids/
Even if the people aren't surprised, did you see more electric cars used compared to gas fueled cars? I don't think so. With competition, the prices are going to go down and Tesla is going to be the first electric that will come to the mind of this people, they made electric cars more famous so they have a higher chance of being bought.
Have you read the link below?
Let me quote a paragraph so that you understand that what I say makes complete sense.



"Volkswagen sold more electric cars across the globe than Tesla at the end of last year for the first time ever, according to an analysis by business consultancy AlixPartners. But the VW tally includes plug in hybrids.

The brands of the Volkswagen group, which include Porsche and Audi, sold 192,000 fully electric cars or plug-in hybrid vehicles in the fourth quarter, compared to Tesla’s 181,000 fully electric models."


https://thedriven.io/2021/02/22/vw-sells-more-electric-cars-than-tesla-for-first-time-but-most-are-plug-in-hybrids/



Volkswagen is an electric car company and they are in the real electric car business. In addition to TESLA, other technology companies without a history of automobile production are also embarking on research and production of electric cars, such as XIAOMI, APPLE. Most of the famous automakers have researched, produced and put into commercial electric cars.


Title: Re: The Downfall of TSLA
Post by: avikz on May 27, 2021, 12:55:10 PM
The fact TSLA is valued more then all the auto manufactures combined is absurd. You're naive to think big auto is just going to sit on the sidelines. Big auto has the infrastructure and production lines to mass produce fully electric vehicles for a fraction of the cost of a TSLA, something TSLA will never be able do. Ford is already leading the charge with the F-150 Lightning and converting old factories into fully electric vehicle production plants. TSLA is just as overhyped as Elon Musk.

Tesla has immense future potential. With fossil fuel reserves are depleting fast and the price is becoming unreasonably high for the car owners, Electric cars are the answer to all these problems. Tesla has not yet started marketing or selling their cars to every country in the world. But a time will come when Tesla will try to penetrate the majority of the countries with their electric cars.

I believe that Tesla stock is still undervalued considering the future potential it has. This downfall is temporary just like bitcoin.


Title: Re: The Downfall of TSLA
Post by: just_Alice on May 28, 2021, 10:31:13 PM
The fact TSLA is valued more then all the auto manufactures combined is absurd. You're naive to think big auto is just going to sit on the sidelines. Big auto has the infrastructure and production lines to mass produce fully electric vehicles for a fraction of the cost of a TSLA, something TSLA will never be able do. Ford is already leading the charge with the F-150 Lightning and converting old factories into fully electric vehicle production plants. TSLA is just as overhyped as Elon Musk.

Tesla has immense future potential. With fossil fuel reserves are depleting fast and the price is becoming unreasonably high for the car owners, Electric cars are the answer to all these problems. Tesla has not yet started marketing or selling their cars to every country in the world. But a time will come when Tesla will try to penetrate the majority of the countries with their electric cars.

I believe that Tesla stock is still undervalued considering the future potential it has. This downfall is temporary just like bitcoin.
What you're saying is true, only you've forgotten about, perhaps, the most crucial part in any business - competitors. Though we have to admit, Musk definitely has a name and his word means a lot, this, however, doesn't exclude cars like Nissan Leaf, Chevy Bolt or EV by Volkswagen.
Having Tesla is prestigious, but it is also pretty expensive, so many people can prefer other models over Tesla if their true intentions are to care for the environment and not the show-off. 


Title: Re: The Downfall of TSLA
Post by: jaysabi on May 29, 2021, 01:40:32 PM
Apparently they're getting into trouble with their solar roofs project.  Someone's filing a lawsuit.  They do seem to have a talent for pissing people off, heh.
Not any different from other big companies out there, I think pissing off people should be a natural talent for companies to make it big. Never heard of the lawsuit with the solar roof projects but I have heard that they had problems with people in Texas near their Spacex planned basecamp.

As a former stock holder of Solar City, I can speak personally to the fact that Tesla took that company out for a song and under extremely problematic circumstances for shareholders.  First, Musk's cousin ran Solar City and so the deal was rife with conflicts of interest and Musk even knew it which is why he promised not to vote his shares for the merger, but even so, it was well-known that he was lining up large shareholders behind the scenes to push the deal through and it went through specifically because of his insistence.


Title: Re: The Downfall of TSLA
Post by: Silberman on May 29, 2021, 06:51:43 PM
People use to believe in previous Elon and not this meme promoter kind of Musk, he has deposit all his brilliant ideas on promoting shitcoins rather than focusing more own his on invention, he his confident because he feels there no more genius on the planet earth that's the reason why he is so confident, perhaps before anyone can match up with him may take some time,  but that's not a reason to mess with people's feelings.

He is the world's second richest person and obviously he has a lot of followers. McAfee had a fraction of the followers Musk had and we all saw how he made hundreds of millions of $$$ by manipulating the cryptocurrency market. Now Musk is slowly following the example set by McAfee, by trying to manipulate the market using his social media influence. If he doesn't back off, then he will face the same fate as that of McAfee. And if that happens, then I will be really sad. Because Musk is a very talented person, and he can use that talent for the well being of humanity.
This is the same that I have been thinking, Musk is doing exactly what McAfee was doing and we know that this is not a good path to take and yet he seems confident he can do whatever he wants and there are not going to be any repercussions for his actions, but I think he is feeling for the first time some pushback as he has been trying to backtrack his previous tweets and trying to make it seem as if he is still onboard of bitcoin when I doubt he is holding any bitcoin anymore.
No one knows if he do still holds or he already sell them off and one of the reasons on why we are really going low but i do agree on the words that he is trying out to get back on what the community
been treating before he had made out those bullshit tweets against Bitcoin or the entire crypto and trying to get it back in the form of trust and making his image to be fine again?
Once the public or the community had seen the true colors then its hard to take it back and this wont only affect his reputation but also into other
things that correlates or connected to him.
I do not think he has actually seen the full consequences of his actions, he is one of the richest persons alive but satoshi is also one of them, how long is it going to take for many other long term holders to become way richer than him as well? He is alienating people that could have been part of his customer base to the point they may reject his products and instead buy the ones that come from the competition, and as such in terms of marketing all of this episode has been a disaster for him.


Title: Re: The Downfall of TSLA
Post by: jaysabi on May 29, 2021, 07:34:06 PM
The fact TSLA is valued more then all the auto manufactures combined is absurd. You're naive to think big auto is just going to sit on the sidelines. Big auto has the infrastructure and production lines to mass produce fully electric vehicles for a fraction of the cost of a TSLA, something TSLA will never be able do. Ford is already leading the charge with the F-150 Lightning and converting old factories into fully electric vehicle production plants. TSLA is just as overhyped as Elon Musk.

Tesla has immense future potential. With fossil fuel reserves are depleting fast and the price is becoming unreasonably high for the car owners, Electric cars are the answer to all these problems. Tesla has not yet started marketing or selling their cars to every country in the world. But a time will come when Tesla will try to penetrate the majority of the countries with their electric cars.

I believe that Tesla stock is still undervalued considering the future potential it has. This downfall is temporary just like bitcoin.

I believe it has immense future potential as well, but not to the point of the market cap it's currently commanding. It's priced as if it's going to be the only electric vehicle manufacturer and maintain the margins it has now while doing so.  These are both false.  It was first mover advantage and that's it.  The other car companies will produce far more cars than Tesla will and the competition will hammer Tesla's margins as they have to compete, rendering both premises false.  The clearer this becomes in the future, the further the Tesla market cap will fall, and if they have to continue to issue shares to fund expansion, that means an even lower share price as outstanding shares make up a larger portion of the market cap side of the equation.


Title: Re: The Downfall of TSLA
Post by: uneng on May 29, 2021, 08:08:49 PM
Tesla has a very good marketing and makes investors' eyes shine with all the promises being constantly made, always focused in the future and new technologies they claim to be superior to their competitors. For Tesla everything is valid to impress the public. They are good on what they do, even if it's just illusionism and propaganda it works.
I think to say Tesla is overpriced is a waste of time, because if the market gives it that value, it's because investors see potential on it. Potential that they aren't seeing on another companies of the same niche. So another cars manufacturers have to expand their horizons and promote features that will migrate Tesla's investors to themselves. The weak point of Tesla are the prices, so to explore this aspect is already a good beginning for competitors...


Title: Re: The Downfall of TSLA
Post by: jaysabi on May 30, 2021, 12:27:06 AM
Tesla has a very good marketing and makes investors' eyes shine with all the promises being constantly made, always focused in the future and new technologies they claim to be superior to their competitors. For Tesla everything is valid to impress the public. They are good on what they do, even if it's just illusionism and propaganda it works.
I think to say Tesla is overpriced is a waste of time, because if the market gives it that value, it's because investors see potential on it. Potential that they aren't seeing on another companies of the same niche. So another cars manufacturers have to expand their horizons and promote features that will migrate Tesla's investors to themselves. The weak point of Tesla are the prices, so to explore this aspect is already a good beginning for competitors...

One thing that remains constant is Tesla over promises though. It doesn't mean much what they say anymore when they repeatedly don't live up to their own hype.  They've only just started reaching production goals they set, the self-driving tech isn't as good as they want you to believe, the cars aren't as safe as they claim, the tech inside the car doesn't last the life of the car, the batteries aren't as good as promised yet... there's just a lot of broken promises, so you need to take whatever they're promising now with a heap of salt.


Title: Re: The Downfall of TSLA
Post by: Vishnu.Reang on May 30, 2021, 12:25:02 PM
One thing that remains constant is Tesla over promises though. It doesn't mean much what they say anymore when they repeatedly don't live up to their own hype.  They've only just started reaching production goals they set, the self-driving tech isn't as good as they want you to believe, the cars aren't as safe as they claim, the tech inside the car doesn't last the life of the car, the batteries aren't as good as promised yet... there's just a lot of broken promises, so you need to take whatever they're promising now with a heap of salt.

On this I would agree with you. My primary concern related to Tesla is with their battery technology. From what I heard, the batteries need to be replaced after 8 years, or 100,000 miles. So if you are planning to keep your car for 20 years or more, then you need to dish out cash from your pocket at least two times during this period, to replace the batteries. And it costs around $15,000 to replace the battery pack, which can be quite a fortune to many people. And unfortunately, Tesla hasn't made much progress on the battery sector for the last decade or so.


Title: Re: The Downfall of TSLA
Post by: Fortify on May 30, 2021, 01:13:12 PM
The fact TSLA is valued more then all the auto manufactures combined is absurd. You're naive to think big auto is just going to sit on the sidelines. Big auto has the infrastructure and production lines to mass produce fully electric vehicles for a fraction of the cost of a TSLA, something TSLA will never be able do. Ford is already leading the charge with the F-150 Lightning and converting old factories into fully electric vehicle production plants. TSLA is just as overhyped as Elon Musk.

It goes to show how much excess money is floating around at the moment, if enough fools jump on to the bandwagon then the sky is the limit. Except when you hit space and the whole thing comes tumbling back down. There is a saying when it comes to stocks - the market can stay irrational longer than you can stay solvent. That usually applies to short selling, but if you bought into Tesla at the top there is a very good chance it will never reach that high again. Besides the hype, their earnings were heavily propped up by eco-friendly credits sold to other car companies - who have now shifted to electric and will stop buying them in future. Tesla is in an extremely competitive market with players that have redeveloped themselves many times over the decades, they will do so again and reverse the drain the Elon is tapping. GAME and AMC shares show a similar level of hysteria right now, but anyone who has been in the investment game long enough knows that the share price is ultimately connected with earnings and will correct to a much lower "normal" long term average. Maybe not next week, maybe not next month, but it always happens.


Title: Re: The Downfall of TSLA
Post by: bryant.coleman on May 30, 2021, 01:31:08 PM
This is the same that I have been thinking, Musk is doing exactly what McAfee was doing and we know that this is not a good path to take and yet he seems confident he can do whatever he wants and there are not going to be any repercussions for his actions, but I think he is feeling for the first time some pushback as he has been trying to backtrack his previous tweets and trying to make it seem as if he is still onboard of bitcoin when I doubt he is holding any bitcoin anymore.

Obviously when he changes his stance every week or so, the pushback will be there. A lot of people invested in Bitcoin, when Musk tweeted positively about it. And they suffered heavy losses when he bad mouthed BTC after a few weeks. Even then, many of his followers joined the Dogecoin pump and pushed that shitcoin to the top-5 list. And now it looks like he has again changed his stance. But this time, there was hardly any impact on the market. The writing on the wall is simple - no one takes Elon seriously now. He is too unstable.


Title: Re: The Downfall of TSLA
Post by: kpierce77 on May 30, 2021, 02:02:15 PM
This is the same that I have been thinking, Musk is doing exactly what McAfee was doing and we know that this is not a good path to take and yet he seems confident he can do whatever he wants and there are not going to be any repercussions for his actions, but I think he is feeling for the first time some pushback as he has been trying to backtrack his previous tweets and trying to make it seem as if he is still onboard of bitcoin when I doubt he is holding any bitcoin anymore.

Obviously when he changes his stance every week or so, the pushback will be there. A lot of people invested in Bitcoin, when Musk tweeted positively about it. And they suffered heavy losses when he bad mouthed BTC after a few weeks. Even then, many of his followers joined the Dogecoin pump and pushed that shitcoin to the top-5 list. And now it looks like he has again changed his stance. But this time, there was hardly any impact on the market. The writing on the wall is simple - no one takes Elon seriously now. He is too unstable.
Which has made him not credible. actually Elon does have the capability to be able to make a good investment community if he doesn't do trolling too often or whatever he calls it. but for now, there have been many people who have received considerable losses and many communities have collapsed because of tweets? maybe that's just some of his vices, we don't know. However, whatever Elon will do in the future will be very different from before, because he is now a "less" trustworthy individual, imo.


Title: Re: The Downfall of TSLA
Post by: fullhdpixel on May 31, 2021, 06:20:50 PM
The biggest downfall of Tesla will be the fact that their CEO is elon musk, a guy that is as weird as it gets and nobody at the top wants him to be the one that gets all this credit. They are giving subsidies to Amazon to have a better space flight option, they are giving ford and others money to build better electric cars.

I mean sure tesla is doing fine, spacex is doing fine, those are toys of a super rich person who worked really hard to get them there, I have to congratulate him on keep working until he made these a huge success, but nobody really likes Elon, which is why I believe he will eventually be gone, will take a bit of a time but it will happen. This is why I think both tesla and spacex could have a big problem one day. I mean think about it, this dude could do something illegal and I wouldn't be shocked about it, would you?


Title: Re: The Downfall of TSLA
Post by: wahyu wida on June 01, 2021, 02:16:49 PM
This is the same that I have been thinking, Musk is doing exactly what McAfee was doing and we know that this is not a good path to take and yet he seems confident he can do whatever he wants and there are not going to be any repercussions for his actions, but I think he is feeling for the first time some pushback as he has been trying to backtrack his previous tweets and trying to make it seem as if he is still onboard of bitcoin when I doubt he is holding any bitcoin anymore.

Obviously when he changes his stance every week or so, the pushback will be there. A lot of people invested in Bitcoin, when Musk tweeted positively about it. And they suffered heavy losses when he bad mouthed BTC after a few weeks. Even then, many of his followers joined the Dogecoin pump and pushed that shitcoin to the top-5 list. And now it looks like he has again changed his stance. But this time, there was hardly any impact on the market. The writing on the wall is simple - no one takes Elon seriously now. He is too unstable.
Which has made him not credible. actually Elon does have the capability to be able to make a good investment community if he doesn't do trolling too often or whatever he calls it. but for now, there have been many people who have received considerable losses and many communities have collapsed because of tweets? maybe that's just some of his vices, we don't know. However, whatever Elon will do in the future will be very different from before, because he is now a "less" trustworthy individual, imo.
Regarding Ellon's tweet, I personally don't really know if he doesn't have bitcoin assets anymore, or if it's just a strategy. but it is clear that Ellon seems to have lost his trust in the crypto community, because currently bitcoin has decreased by about 40%, and from that of course many people panic or lose


Title: Re: The Downfall of TSLA
Post by: paxmao on June 01, 2021, 02:46:04 PM
Tesla is difficult to bring down, however its valuation does not make sense. The patents and intellectual property are weak at best and the self-driving know how is not apt for regular use and it will not be such in a long time. Musk is just playing the hype and boost on a regular basis, that is, when he is not too worried saying that crypto is not sustainable while he encourages others to open lithium mines because he is "going to need a lot of it"


Title: Re: The Downfall of TSLA
Post by: Silberman on June 01, 2021, 05:38:58 PM
This is the same that I have been thinking, Musk is doing exactly what McAfee was doing and we know that this is not a good path to take and yet he seems confident he can do whatever he wants and there are not going to be any repercussions for his actions, but I think he is feeling for the first time some pushback as he has been trying to backtrack his previous tweets and trying to make it seem as if he is still onboard of bitcoin when I doubt he is holding any bitcoin anymore.

Obviously when he changes his stance every week or so, the pushback will be there. A lot of people invested in Bitcoin, when Musk tweeted positively about it. And they suffered heavy losses when he bad mouthed BTC after a few weeks. Even then, many of his followers joined the Dogecoin pump and pushed that shitcoin to the top-5 list. And now it looks like he has again changed his stance. But this time, there was hardly any impact on the market. The writing on the wall is simple - no one takes Elon seriously now. He is too unstable.
What I find incredible is how those billionaires think they can get away with anything and suffer no repercussions because of it, maybe it is because so far that has been true and they believe this is going to still be the case, however while there are many newbies in this market there is also a great amount of people that are never going to forget what happened and if given the option will always select to not buy any of the products of Elon, which over the long term it will affect his company.


Title: Re: The Downfall of TSLA
Post by: Sithara007 on June 02, 2021, 03:15:12 AM
What I find incredible is how those billionaires think they can get away with anything and suffer no repercussions because of it, maybe it is because so far that has been true and they believe this is going to still be the case, however while there are many newbies in this market there is also a great amount of people that are never going to forget what happened and if given the option will always select to not buy any of the products of Elon, which over the long term it will affect his company.

Tesla is such a huge company (with a market cap of close to $1 trillion), and any boycott from out part will have zero impact. And it is not our responsibility to react against such market manipulation. The necessary action needs to be taken by the United States Securities and Exchange Commission (SEC). They need to the connection between his tweets and the exchange rates of both BTC and DOGE. And then they need to find out whether anyone connected to Elon has benefitted as a result of this manipulation.


Title: Re: The Downfall of TSLA
Post by: Anonylz on June 02, 2021, 03:24:22 AM
The fact TSLA is valued more then all the auto manufactures combined is absurd. You're naive to think big auto is just going to sit on the sidelines. Big auto has the infrastructure and production lines to mass produce fully electric vehicles for a fraction of the cost of a TSLA, something TSLA will never be able do. Ford is already leading the charge with the F-150 Lightning and converting old factories into fully electric vehicle production plants. TSLA is just as overhyped as Elon Musk.

Well until big auto actually step up the game, TSLA will remain at the top however sad,  between Musk is too egocentric to really care about what other big auto are cooking, his overhyped company in your word is making him money,  enough to cause Chaos in the crypto space, he has the people's attention,  just a mare tweet from him causing a lot of havoc,  the guy must be having fun at others expense, it sucks in every way  ;D
Looking forward to see another big auto company kicking Tesla aside  ;)


Title: Re: The Downfall of TSLA
Post by: Shenzou on June 02, 2021, 04:36:03 PM
It is crazy to think that one company such as TESLA is able to push the auto industrie and revolutionize it, because if you think about it the electric cars were there the whole time it was not a new idea, and major car companies did attempt it for years, but the way that tesla was able to push it forward and compete with them with just one product is mind blowing, sure there is a limit to where a certain company could reach but i think that they are yet to reach it especialy with how they are constantly coming up or improving on many technologies.


Title: Re: The Downfall of TSLA
Post by: doomloop on June 02, 2021, 05:52:01 PM
The fact TSLA is valued more then all the auto manufactures combined is absurd. You're naive to think big auto is just going to sit on the sidelines. Big auto has the infrastructure and production lines to mass produce fully electric vehicles for a fraction of the cost of a TSLA, something TSLA will never be able do. Ford is already leading the charge with the F-150 Lightning and converting old factories into fully electric vehicle production plants. TSLA is just as overhyped as Elon Musk.
I do not think that there is this "big auto" that can stop him, or stop tesla because if there was one they would have already done that too long ago. However I think the appeal of Tesla is not about electric anymore, it is about brand, kind of like Steve Jobs made apple into because we all know that you could get a much better computer for the same price but people still do end up with mac, if it is about your work I could understand but people do it for show purposes and for the brand name as well.

Tesla is sort of like that, or becoming one at least, there are better cars out there for electric and much cheaper, there are cars one third of their price and it is still electric and it still goes, is it better? Probably not but hey it does the job and its very cheap, yet for some reason people still go for Tesla, why? Because, it is a symbol, it is basically a life style item if you can afford one.


Title: Re: The Downfall of TSLA
Post by: jaysabi on June 04, 2021, 03:16:17 AM
The fact TSLA is valued more then all the auto manufactures combined is absurd. You're naive to think big auto is just going to sit on the sidelines. Big auto has the infrastructure and production lines to mass produce fully electric vehicles for a fraction of the cost of a TSLA, something TSLA will never be able do. Ford is already leading the charge with the F-150 Lightning and converting old factories into fully electric vehicle production plants. TSLA is just as overhyped as Elon Musk.
I do not think that there is this "big auto" that can stop him, or stop tesla because if there was one they would have already done that too long ago. However I think the appeal of Tesla is not about electric anymore, it is about brand, kind of like Steve Jobs made apple into because we all know that you could get a much better computer for the same price but people still do end up with mac, if it is about your work I could understand but people do it for show purposes and for the brand name as well.

Tesla is sort of like that, or becoming one at least, there are better cars out there for electric and much cheaper, there are cars one third of their price and it is still electric and it still goes, is it better? Probably not but hey it does the job and its very cheap, yet for some reason people still go for Tesla, why? Because, it is a symbol, it is basically a life style item if you can afford one.

There's probably a little something to this in that Tesla has established itself as somewhat of an aspirational brand.  As hard as I am on Tesla, I have to concede that currently there really isn't anyone making EVs as good and cheap as Tesla.  There are better, and there are cheaper, bot not both.  The cheaper EVs are rather ugly, and the better ones are rather more expensive due to the scale each are produced at.


Title: Re: The Downfall of TSLA
Post by: sapnu on June 04, 2021, 04:51:00 PM
TESLA has been able to make innovation over the past years that exceeded everyone's imagination. Since the revolution of the new technology has begun, they are smart enough to lead and make an advance step forward what we should be expecting in the future. It might take time but soon we will witness that each car in the world is only electric cars which can be environmentally friendly. On the other hand, we cannot be sure that only TESLA would make such things so we should expect other huge auto companies would be making their moves too to follow TESLA's footseps.


Title: Re: The Downfall of TSLA
Post by: Silberman on June 04, 2021, 07:19:06 PM
What I find incredible is how those billionaires think they can get away with anything and suffer no repercussions because of it, maybe it is because so far that has been true and they believe this is going to still be the case, however while there are many newbies in this market there is also a great amount of people that are never going to forget what happened and if given the option will always select to not buy any of the products of Elon, which over the long term it will affect his company.

Tesla is such a huge company (with a market cap of close to $1 trillion), and any boycott from out part will have zero impact. And it is not our responsibility to react against such market manipulation. The necessary action needs to be taken by the United States Securities and Exchange Commission (SEC). They need to the connection between his tweets and the exchange rates of both BTC and DOGE. And then they need to find out whether anyone connected to Elon has benefitted as a result of this manipulation.
I agree the SEC should take action since he is engaging in clear market manipulation however I am not so sure this is going to happen as if they did that what kind of effect could this have on the stock market? Can you imagine what will happen if the value of the stock of Tesla went down because he was being investigated? It is more likely that at best he Is given a private warning and things will end with that, which means that our small boycott is all what we have.


Title: Re: The Downfall of TSLA
Post by: MCobian on June 04, 2021, 11:21:45 PM
TESLA has been able to make innovation over the past years that exceeded everyone's imagination. Since the revolution of the new technology has begun, they are smart enough to lead and make an advance step forward what we should be expecting in the future. It might take time but soon we will witness that each car in the world is only electric cars which can be environmentally friendly. On the other hand, we cannot be sure that only TESLA would make such things so we should expect other huge auto companies would be making their moves too to follow TESLA's footseps.

For now Tesla may be a popular car company because of its innovation, but there is always competition in any market. So I believe in the future
many other auto companies will make the same steps as Tesla. But I have to admit that for now, Tesla is still in the lead in terms of electric car
technology, so Tesla is still leading in terms of electric cars. I even included a Tesla car in my dream book, because I have always wanted to have
a Tesla car. But because the price is quite expensive, I have to raise money first, but I believe one day I can buy a Tesla car.