Understanding Tesla's Current Stock Valuation

[SC Maintenance]

I think they sold like 50K CT's.

Hard to call that terrible. Yes its not the Million promised, but there are plenty of vehicles out there that never came close to that number.

 

[SC Maintenance]

This is the chart that would keep me awake at night if I were a long term Tesla stock holder. Its been making its way around Twitter. Or really anyone that likes Electricity to be on.

Since 2004 we have added I think $30T+ to the public debt, but we produce the same amount of Electrity as we did then. China has doubled in the last few years, and there planning to double again. Yet we seem to somehow think we will be the leader in EV's, and datacenters, and whatever other things that require energy.

Maybe a good rickshaw stock as a hedge?

 

[JeffKeryk]

I think they sold like 50K CT's.

Hard to call that terrible. Yes its not the Million promised, but there are plenty of vehicles out there that never came close to that number.

Musk originally predicted 250,000 Cybertrucks per year by 2025. Q2 saw about 5,000 deliveries... Oops.
There just aren't that many rich California granola heads.

 

[Torrid]

CT is what happens when -

1. nobody pushes back on the boss.
2. a guy thats never used a truck/towed a boat/trailer/ in his life gets to design one.

The worst part of it is that there's some amazing technology in the CT that is completely overshadowed by the massive mess the manufacturing process was for overall longevity while ignoring how trucks are actually used. What they should have done was put that energy into putting the new technology into something like the Plaid. There's no reason why every refreshed Tesla shouldn't have steer by wire now. I don't think Tesla had any business making a truck no matter what the form factor was. Then again, I'm not the target buyer for truck these days and I have owned a truck previously. If I was going to buy an EV truck I would want the Lightning. I get that the Silverado is the better truck, but I've owned an F150 previously and the current model is very similar still to my 2017 F150 and I don't want to drive a 9k lb battering ram. I have a serious problem with GM's approach of making their vehicle so heavy because the battery weighs more than a small hatchback.

I'll refrain from continuing my usual heavy vehicle rant.

 

[SC Maintenance]

Musk originally predicted 250,000 Cybertrucks per year by 2025. Q2 saw about 5,000 deliveries... Oops.
There just aren't that many rich California granola heads.

There are several in my neighborhood, and I see other ones around all the time. Now obviously there hard to miss but I would say they sold quite a few around here relative to the market size.

 

[JeffKeryk]

There are several in my neighborhood, and I see other ones around all the time. Now obviously there hard to miss but I would say they sold quite a few around here relative to the market size.

All over the place here with nothing in the bed. Many are wrapped.