Not unfair coverage. If your company is trading with a PE of 181 and your YoY sales have been decreasing at greater rates YoY (and we’re literally only talking about 400k cars, equals a >trillion valuation?), you deserve more scrutiny than many others, at least.
Also, ten separate global institutions co-authored this page -- is the conspiracy to inflate deathcount that wide-ranging? What factors on the Lancet's paper are you objecting to specifically?
a
Institute of Collective Health, Federal University of Bahia, Bahia, Brazil
b
ISGlobal, Barcelona, Spain
c
Facultat de Medicina i Ciències de la Salut, Universitat de Barcelona, Barcelona, Spain
d
Paediatrics Department, Hospital Sant Joan de Déu, Universitat de Barcelona, Barcelona, Spain
e
Fundação Ariel Glaser, Maputo, Mozambique
f
Centro de Investigação em Saúde de Manhiça, Maputo, Mozambique
g
ICREA, Barcelona, Spain
h
Institut Clínic de Medicina I Dermatologia, Hospital Clínic de Barcelona, Barcelona, Spain
i
CIBER de Epidemiología y Salud Pública, Instituto de Salud Carlos III, Madrid, Spain
j
University of California, Los Angeles, CA, USA
Anyone investing in Tesla at its current stock price is not doing so because of the success (or otherwise) of its automotive business. It’s a long-term gamble on autonomy solutions. The company would be worth 10 times more if they pull it off, but I give it a 10% chance of succeeding
Waymo doesn't need to produce a million cars. They need to dominate rideshare in the top 10 US cities, which gives them 90% of the ridehailing market. Then they license their technology into long-haul trucking, then eventually personal cars (with a subscription fee, obviously) to starve out their competitors.
Even 20k cars in one city is likely too many for them.
Thing is, rational people have been pointing this out for a decade (at least). The spiral has much less to do with fundamentals than politics. And now that Elon and Trump are back at it, Tesla has both sides of the aisle suddenly scrutinizing the company
> spiral has much less to do with fundamentals than politics
Tesla’s brand has become trash in a year. I have a neighbour who had PowerWalls installed a few years ago. He spray painted over the branding last year because it was embarrassing. (I live in Wyoming.)
This isn't weird, really. Rational people tend to not like being associated with fascists, and with Elon at the helm Tesla is strongly associated with American Fascism at the moment.
> Rational people tend to not like being associated with fascists
This is fair, but I don’t even think it’s that. They just don’t want everyone walking into their garage to immediately associate them with Musk. This is true for folks on the left, who call out his fascism. But it’s also true if someone with MAGA leanings walks in.
My personal favorite is the Tesla apology bumper sticker. I want to signal I care, but I only care about 20$. Love the virtue signaling while driving round a 50k$ donation to Elon.
I have people posting long apologies on LinkedIn about how they needed a new car but they disagree with (insert rant). It’s embarrassing they even post it. No one on LinkedIn even needs to or cares to know what car you drive, it’s just platitude virtue signaling
For what it’s worth, I was putting in solar panels with battery back-up, and PowerWalls were the least-bulky option, and I killed it last year because again, I don’t want to have something that partisan (and frankly toxic) so close.
For a decade? The politics has been a recent problem. For a decade though Tesla has had serious production problems that were dismissable under "but they're ahead".
Except it hasn't happened - they still have trouble with QA and building enough cars cheaply enough, and now the market has caught up with them.
And then into this mix, Musk decided to publicly side with the political aisle which hates his core customer base and his core product line.
