giskard wrote: ↑Sat Feb 24, 2024 5:30 am
Yes please. Elon needs to start pumping it and talking about how Tesla is an AI stock.
I would personally not be comfortable owning a stock where this is the investment thesis.
Be careful out there, using normal car company metrics TSLA would be overvalued at $20.
I have detested Musk/Tesla for many years now* so I’m not the most objective observer here, but I’m fairly certain of how this one ends (with Tesla crashing back to earth and staying there). Just not sure of the timing.
For now, I’ll just observe that the stock has gone nowhere in 3 years.
*how could anybody take the guy seriously? My realization came with the solar tiles fraudulent presentation, when he used Tesla to bail out the failing Solar City.
In general, Elon has not delivered on any of his promises/pumps in… I don’t know, 8 years?
FSD is an obvious scam, the semi is non existent, the cyber truck is a complete mess, he has introduced a “robot” using a dancer in latex and doctored videos, he has admitted that dojo (one of his last AI pumps) is a POS.
His managerial ability is on full display on Twitter, which has now 10x the bots it used to have and has managed to lose users when the only alternative is a shitty Zuck app.
Icing on the cake is the “I just sold a shit ton of my stock but please hand me more or I’ll walk away with the ball”.
Oh and I forgot that he is basically a junkie now (did you watch the interview with Sorkin? The one where he told advertisers to go F themselves)
From a shareholder perspective, the reddest of red flags at Tesla are 1/ they developed their own ERP in house 2/ the inexplicably super high account receivable line.