The US firm faced a difficult year with unease over chief executive Elon Musk’s political activities and stiff overseas competition.

The US firm faced a difficult year with unease over chief executive Elon Musk’s political activities and stiff overseas competition.

  • Pulsar@lemmy.world
    5·
    3 days ago

    Well, stock holders don’t believe this will affect TSLA share price. Robotaxi and Optimus will replace the revenue stream lost on Tesla EVs.

    I’ll invest all my savings, my wife’s savings and kids college funds in TSLA. 😉

    edit: added emoji.

      • NotMyOldRedditName@lemmy.world
        2·
        4 days ago

        There was actually a super brief window that it did. When they started successfully making the model3/y and everything was growing and profits were high, they actually caught up to their insane PE ratio to a reasonable tech multiple.

        It was a very small window though, like 1 or 2 quarters and then it became evident the growth was not going to continue and profits started coming down.

    • skisnow@lemmy.caEnglish
      4·
      4 days ago

      It’s insane, the crazy high PE ratio was predicated on the idea that Tesla would be the only game in town for EVs or self-driving cars worldwide, but now both of those are obviously not happening I can only conclude there’s some sort of sunk cost fallacy at play.

    • Buffalox@lemmy.world
      2·
      4 days ago

      I’ll invest all my savings, my wife’s savings and kids college funds in TSLA.

      That’s decidedly reckless, you are investing in unproven products that demonstrably don’t work yet, and neither Robotaxi or Optimus will ever get anywhere.