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Author Topic: The Downfall of TSLA  (Read 592 times)
paxmao
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June 01, 2021, 02:46:04 PM
 #61

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"

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June 01, 2021, 05:38:58 PM
 #62

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.
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June 02, 2021, 03:15:12 AM
 #63

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.

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June 02, 2021, 03:24:22 AM
 #64

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  Grin
Looking forward to see another big auto company kicking Tesla aside  Wink

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June 02, 2021, 04:36:03 PM
 #65

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.
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June 02, 2021, 05:52:01 PM
 #66

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.

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June 04, 2021, 03:16:17 AM
 #67

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.

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June 04, 2021, 04:51:00 PM
 #68

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.
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June 04, 2021, 07:19:06 PM
 #69

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.
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June 04, 2021, 11:21:45 PM
 #70

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.

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