The Downfall of TSLA

[TheGreatPython]

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.

[Mahanton]

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.

[Kittygalore]

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.

[grabpopcorn536]

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/

[Kittygalore]

~

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.

[Kong Hey Pakboy]

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.

[grabpopcorn536]

~

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.

[avikz]

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.

[just_Alice]

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. 

[jaysabi]

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.

[Silberman]

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.

[jaysabi]

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.

[uneng]

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...

[jaysabi]

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.

[Vishnu.Reang]

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.

[Fortify]

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.

[bryant.coleman]

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.

[kpierce77]

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.

[fullhdpixel]

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?

[wahyu wida]

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