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re: Maybe Tesla is a car company after all
Posted on 10/18/23 at 7:52 pm to Diseasefreeforall
Posted on 10/18/23 at 7:52 pm to Diseasefreeforall
I've said all along it's just a car company. Meanwhile you have some "analysts", aka stock pimps, calling it a tech company and just a couple weeks ago pushing this Dojo computer crap. Which people took to heart and bid the price up 10%.
Laughable.
I listened to the earnings call and everything he talked about is something the rest of the auto makers have dealt with for over 100 years. Meanwhile it seems all the guys asking questions have never sat through an earnings call from a "legacy" automaker.
"We dug our own grave with Cybertruck."-Musk during call.
Mexico plant is on hold due to high interest rates and poor economic outlook. I don't recall them saying the EV market will not support another factory at this time, but that is the truth.
I bought a chunk of TSLQ today and my only regret is I didn't buy more. Also have puts but unfortunately I bought a couple months ago and they expire Friday so it will take a really big move for them to profit. (Should have sold last month)
Laughable.
I listened to the earnings call and everything he talked about is something the rest of the auto makers have dealt with for over 100 years. Meanwhile it seems all the guys asking questions have never sat through an earnings call from a "legacy" automaker.
"We dug our own grave with Cybertruck."-Musk during call.
Mexico plant is on hold due to high interest rates and poor economic outlook. I don't recall them saying the EV market will not support another factory at this time, but that is the truth.
I bought a chunk of TSLQ today and my only regret is I didn't buy more. Also have puts but unfortunately I bought a couple months ago and they expire Friday so it will take a really big move for them to profit. (Should have sold last month)
Posted on 10/18/23 at 8:27 pm to BuckyCheese
I can get behind the fact that Tesla really is a technology company while simultaneously believing that’s it’s quite overvalued.
Posted on 10/18/23 at 10:23 pm to BuckyCheese
quote:I thought the exact same thing. I don’t want to pay a ridiculous multiple for a stock that’s ultimately beholden to a massive supply chain and ungodly investments in physical infrastructure.
I listened to the earnings call and everything he talked about is something the rest of the auto makers have dealt with for over 100 years. Meanwhile it seems all the guys asking questions have never sat through an earnings call from a "legacy" automaker.
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