edyvw
$50 site donor 2026
Hmm, when you scam consumers who bought your product, yeah, it causes problems in their life.
I am not gonna get into his “character.”
Tesla continues Silicon Valley expansion.
- Thread starter JeffKeryk
- Start date
I am not gonna get into his “character.”
I remember when he said that hw3 "would be fully autonomous in a couple of years" . I wanted to bet the carnival barker a billion dollars as I knew it wouldn't happen. Hw4 won't be fully autonomous either. If people were smart a multi-billion dollar lawsuit plus jail time for Musk would fix this. Plus make Tesla buy back all of the hw3 cars for double what the owners paid.
Recently Musk said
"
"Musk adopts more cautious tone on robotaxi rollout, citing safety and technical issues
Analysts note delays and slower-than-expected progress for Tesla's autonomous vehicle ambitions"
So they have safety and technical issues, big shocker.
I do think some people are sensitive to valid criticism of Tesla. There arent many haters in here. Like all social media platforms that perception is outsized to the reality.
Here is some valid criticism. As an investor, they keep hearing, almost cult like from the CEO of promises and statements that time after time have not come true. Year after year. Way too many to post. One example is how Tesla was going to continue to grow car sales 50% per year. It never happened ever since that statement was made. Way too many things. The latest is the false statements on Robo taxis from just last year.
Depending on what year in the last five years, let's take 5 years ago. The stock is up ONLY 50% - it's a trading stock but someone who bought and held for 5 years lost a bundle compared to even an old stogy company like Walmart up 181% in five years. Or META up 123% in five years. Even the Nasdaq beat Tesla in the last five years but not by much.
The stock is a PURE spec play which so far has not lived up to one performance category and is selling at a P/E ratio of close to 350% compared to the overall Nasdaq of 23%
We hear from others when car sales are in the toilet like they have been for almost 2 years now compared to Musks lofty sale projections. Excuses like, well Tesla is a technology company, not a car company. Well no matter what company it is, it need to make money to justify selling at over 300% more than most companies in the stock exchanges. If your young, nothing wrong with speculation, if your old, nothing wrong with playing the stock, if your old this is NOT an investment grade company.
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SammyChevelleTypeS3
$50 site donor 2023
I do not disagree with your statement at all. I will get into his character. I'm not a big fan. IMHO , the owner of Tesla is very much like a lot of other ultra rich , near genius creators. Many of whom can be pompous , loud mouth exaggerators , talented manipulators of people , etc.... Many will forge on with ideas no matter who or what they run over or destroy to have their way. One should always look at them with caution for promises into the future and what comes out their mouths. I would never invest my money with one of them.
STILL I bet the population of the state is a lot better off and happy with all the jobs and taxes they brought to the state regardless the owners personality or failures anywhere. Of course much of our population these days have been trained to think no one is taxed enough.
I probably missed all the Tesla owners here who have talked about being scammed by them. Maybe missed a lot of others elsewhere too because BITOG is the only social media I am a member of. So I suppose I miss a lot you are aware of.
SammyChevelleTypeS3
$50 site donor 2023
I am with you on that!
Based on the extra antennas and equipment they added to the current Model Y to make them robotaxis, that’s quite likely. But who knows, some of that could be related to the remote, human driver system they’ve been using to fake them being fully “autonomous”.
SammyChevelleTypeS3
$50 site donor 2023
I doubt none of these things you and some have started to share. Sounds very bad. I am certain it is for the poor Tesla owners. Despite all the failures of that company or lies? They are still in the USA, in California giving jobs and tax dollars to that state. Doesn't mean I would trust him with a dime of my money.
I will bet we can make some pretty large lists of very similar things/defects that pained many from the late great Big Three (can't really be called American automakers IMHO anymore-loyal to no one or country)after the way they have kicked America in the teeth for years. Provided us with poor quality only to pack up tons of jobs and killed off all the associated support jobs, crippling and turning some USA towns into ghost towns of unemployment. Thing is..... The Big Three turned their backs on North America because they want to produce as cheap as possible , avoid paying and treating workers like they had to in the USA. They accomplished the goal regardless who and how many livelihoods they destroyed here. Then, at the same time they repaid their North American consumers with the same poor quality & defects with only one additional thing. Steadily increasing MSRPs reaching into the stratosphere. Nice guys too.
I am done. The end. My original comment started an entirely different discussion than what I believe the OP had in mind when he started this. It turned into an indictment into the morals of the owner.
I did simply try to point out California should be thankful he is bringing jobs and tax money to them instead of running out of the state like so many others have and continue to do with their jobs and businesses.
to all.
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Lol. Right.
SammyChevelleTypeS3
$50 site donor 2023
Only thing I would add to your statement is Tesla or ANYONE.......
edyvw
$50 site donor 2026
People didn’t complain when it was usual for rats to end up in sausages.I do not disagree with your statement at all. I will get into his character. I'm not a big fan. IMHO , the owner of Tesla is very much like a lot of other ultra rich , near genius creators. Many of whom can be pompous , loud mouth exaggerators , talented manipulators of people , etc.... Many will forge on with ideas no matter who or what they run over or destroy to have their way. One should always look at them with caution for promises into the future and what comes out their mouths. I would never invest my money with one of them.
STILL I bet the population of the state is a lot better off and happy with all the jobs and taxes they brought to the state regardless the owners personality or failures anywhere. Of course much of our population these days have been trained to think no one is taxed enough.
I probably missed all the Tesla owners here who have talked about being scammed by them. Maybe missed a lot of others elsewhere too because BITOG is the only social media I am a member of. So I suppose I miss a lot you are aware of.
Remember, he lies about product consistently, and charges that. That is fraud. Full stop.
The ends don't justify the means but you have a point. It's no different than BITOG posters who say they'll only buy GM and then complain about $80k SUVs while I'm the same breath defending the latest UAW benefits and pension plans.
Yeah, I bought my 1st Tesla in large part because Musk reopened the Fremont plant the GM and Toyota failed and bailed on.
At its peak, NUMMI had maybe 6,000 workers; today Tesla Fremont has about 25K workers and is always hiring.
I believe this is the largest manufacturing site in California. It reinvigorated the local community. Bravo!
At its peak, NUMMI had maybe 6,000 workers; today Tesla Fremont has about 25K workers and is always hiring.
I believe this is the largest manufacturing site in California. It reinvigorated the local community. Bravo!
I am going to inherit some Tesla stocks in a divorce settlement eventually. I have a neutral opinion about the company.
A lot of the value in Tesla is about Elon, and the trust that Elon will deliver despite being late. His track record is pretty decent although not perfect.
Is Tesla stock currently a buy? Who knows. I don't have a better opinion of it after the report to say one way or another, and everyone knows it is not about the cars or innovations in the battery but about AI and Optimus robots, and FSD and robotaxi at this point. I personally am not attracted to Model 3 although I like Model S, but I am not the kind who would overpay for innovations and tech so I won't buy a new one for sure. I heard a lot about Tesla's FSD is better than Waymo's lidar and say Tesla is better in all sorts of terrain etc, but I personally have experience with sensors and would say otherwise, and in the Bay Area we have seen Waymo being where Tesla is 3 years ago and are already way ahead, that Tesla being 1/3 the cost in vehicle production doesn't mean anything to me if they are so behind. They are also not ahead of any competitor in AI despite people value his company as an AI leader. Although I get that Elon will eventually deliver, I don't get the valuation.
Best wish for all the investors out there.
A lot of the value in Tesla is about Elon, and the trust that Elon will deliver despite being late. His track record is pretty decent although not perfect.
Is Tesla stock currently a buy? Who knows. I don't have a better opinion of it after the report to say one way or another, and everyone knows it is not about the cars or innovations in the battery but about AI and Optimus robots, and FSD and robotaxi at this point. I personally am not attracted to Model 3 although I like Model S, but I am not the kind who would overpay for innovations and tech so I won't buy a new one for sure. I heard a lot about Tesla's FSD is better than Waymo's lidar and say Tesla is better in all sorts of terrain etc, but I personally have experience with sensors and would say otherwise, and in the Bay Area we have seen Waymo being where Tesla is 3 years ago and are already way ahead, that Tesla being 1/3 the cost in vehicle production doesn't mean anything to me if they are so behind. They are also not ahead of any competitor in AI despite people value his company as an AI leader. Although I get that Elon will eventually deliver, I don't get the valuation.
Best wish for all the investors out there.
Remember Waymo is GeoFenced where Tesla is generally not; it works on most public US and Canada roads. This is my understanding, anyways. I don't follow this much.
Tesla stock has been all over the map, but if you've had it long enough you are probably pretty happy. I bought too late, but still easily tripled my investment, net of taxes. I should have bought the stock instead of the car in Dec 2018; who knew?
So, they weren’t really buying an electric car, they were virtue signaling?
And now, they can’t signal their virtue because of Elon?
I don't think people here really put anti-Elon stickers on Elon's cars much. You may see 1 out of 20-30 Tesla doing that but most people just drive it. It is kind of like everyone and their moms (literally) have one already and it is just like seeing another Camry, Corolla, Prius on the road and you won't think you have a Tesla worship driving one. Nobody cares anymore.
People buy cars for a lot of reasons; virtue signaling being one of them I'm sure. Remember "Eat your Honda" bumper stickers? But lumping purchases into one reason is not accurate.
Around here Elon's political actions put off a lotta people and hurt sales, even though they liked the cars. Perhaps beyond as well?
I certainly did not buy 2 Teslas because of Elon Musk, with the exception of all the local jobs the newly reopened plant generated. That was important to me.
Is Elon ever on time?
