Tesla’s stock is plummeting. So is the Bay Area’s respect for its vehicles
Tesla’s stock is plummeting. So is the Bay Area’s respect for its vehicles
I dont think it's kind to heckle Tesla owners. But I do admit I laugh out loud every time I see a Cybertruck. They're that silly.
everything but the cybertruck i can square why someone would still drive one. not everyone can afford to sell a car for less than it is worth as a car to not be seen it, or to pass up an undervalued car to move their kids around. but the cybertruck lacks all plausible deniability. by the time the orders were delivering, it was obvious who elon musk was, and that there were other better options available from competitors. it's also just fuckin' useless. like. it just absolutely sucks at everything a vehicle has to do, let alone a truck
Today, I successfully came to an agreement with my local service center to return my Tesla within the next 30 days for only $100 out of pocket (plus my mileage overage and damage overage...but I'll delay, deny, and dispose of those notices) instead of the original $10,000.
I'm done. Fuck Elon.
Meh.
We've known elon was a shitbird for years. The case where he accused a straight up hero British Diver of being a pedophile for rescuing 12 children without using a musk branded product was 2018. And the sex pest shit has been pretty consistent since. And I will always argue that tesla emphasizing battery size so much actively hurt EV adoption throughout the country (you don't need a giant battery. You just need to realize that you were going to stop for lunch at some point anyway).
But also? The people buying teslas, generally, weren't people living paycheck to paycheck. They were status symbols for tech workers an so forth. Their asses can do a trade in or, at the absolute least, put on a bumper sticker to say they hate him too.
So no. I am not going to lose any sleep over people needing to make insurance claims because they drive around in a car that is branded around a nazi who is destroying the fucking country and destabilizing the world.
The people buying teslas, generally, weren’t people living paycheck to paycheck.
I made this point to a friend who worked in tech and had a Tesla like 8 years ago.
"You know that for people like me, I won't be able to afford a used electric vehicle until I'm 60 or more right? I'm 40 and still driving a 25 year old car. The planet can't really afford to wait for prices to come down for people like me to be able to afford them. It's not really saving the environment if the majority of people can't afford to jump in."
I don’t know how it is in the states, but here the model 3 was the cheapest EV in its category. If I actually had money I’d have bought a Volvo, or the ioniq 5
I remember just a few years ago that it was a proud moment to own a tesla. That is a thing of the past. I hope the owners can all afford to dump it if they so choose.
I celebrated and honked for the protesters outside the Monterey Tesla dealer this morning.
My favorite cyber truck anecdote so far is watching them load about ¾ of the number of bags of mulch than fits in the back of my Volvo, then the owner struggling to pack it all in so he could close the cover.
It's a truck, why didn't they buy the bulk mulch for a third of the price? Cosplay posers.
I’ve seen a couple in the wild.
I didn’t believe people they’re ickier in person, but they absolutely are.
Also I have no idea how their tail lights passed any sorts of regulatory scrutiny, they disappear at angles.
Idk how the car itself passed any scrutiny for being a giant metal sun reflector, seems like a major safety hazard to other drivers
While harder to get rid of I treat Teslas with equal disdain as MAGA hats. Don't care why or when you bought it, if you still have it you're on my shit list.
I view all my fellow Americans this way. Until trump and naziboy are no longer with ... the nation.
I told them explicitly that the current situation was evolving. In response they laughed, abused me, and stole from me. I now know that this america is the real america. The good people are the minority. The majority care only about their money and what the propaganda tells them to feel.
People who bought Tesla cars before Elon bought an election should not be harassed.
A vehicle is for the decade, at minimum. Affording a switch is not something that can be assumed. This isn’t the 90s, when regular people turned over a lease, or a purchase, every 3 years, ish.
There’s also a commitment to electric once a charging station is installed at your home.
My last vehicle lasted almost 15yrs.
Nope. Protesting is meant to be disruptive. Making tesla owners uncomfortable is the only way to take elon down.
You think Elon gives a fuck about Tesla owners? He is swimming tax payer dollars for his other ventures. Military and space $$ dwarf car sales. He doesn't give two shits about Tesla and knows other companies are going to take away most of his market share.
That's why all the new shit promised is not happening. It's not being funded.
Nah people who can afford a 80,000 usd car can afford to get rid of it too. It's a high end luxury item not some critical tool you can't live without.
Imagine alienating your core client base of the company that you use as collateral for all your business dealings. If Tesla stock tanks Elons loans get called in as the collateral would be worthless and he doesn’t have liquid cash to cover his other investments. Would be a site for sore eyes to watch him go penniless.
Heard on Swedish radio (P4) that there are even car dealers that no longer accept a tesla as trade-in when you buy a car from them.
Sucks for people who have Teslas and now don't want them. But this is just financial on the part of the dealers. If prices are plummeting then why would they take on a car no one else wants?
Still got a long way to go. I hope it gets kicked off the S&P 500. That shit should stay out of our retirement accounts.
P/E 129. Shit is overvalued as fuck.
Value investors aren't the ones investing in this stock. The gamblers and growth investors all think this is a good roller coaster to get into. When you think about it, it's actually disgusting how much is invested in this stock. The funds and people investing in this stock are just greedy. They don't care about ethics, as long as line goes up/moves.
Ok, but compare to other “overvalued” like NVDA. Owning TSLA is dumb af.
Good.
