/biz/ - Business & Finance

>>18497416
>he STILL hasn’t boarded the all-electric Tesla bandwagon
ngmi

>>18497416
It's the pre bankruptcy pump. Millennial faggots will get liquidated

>>18497416
They're years ahead of competition and have the best product in the industry. Cost cutting measures in late 2018/early 2019 were largely effective. They'll only increase margins with economies of scale and continue to gobble up market share. Everyone other manufacturer is chasing them. EV companies have fallen short across the board.

uber has never made money either
fuck this market dood ur in or ur out

When you invest in Tesla you aren't investing into the cars. It's the "Elon Musk" stock, and he has other (non-public) projects that people have confidence in.

Tesla stock operates on quantum fluctuations. Up and down are constructs that our 3 dimensional minds apply to something we can't understand. Don't even think about it too much, let alone buy it or fuck with options. Rekt and win aren't even randomly determined; they're realities that shift without a mathematical basis.

>>18497700
This guy gets it. Musk, like Trump, has successfully built a personal brand.

Wluldn't be surprised if he makes a presidential run in a decade.

>>18497650
>Uber never made money
Why do Npc's keep spouting this meme, their revenue is 4x their operating income. Last year they spent around 4bill on operations and they profited around 10bill. So why does this rumor percisist as if people dont have the fucking internet.

>>18497416
Tesla has the Steve Jobs reality distortion field. They’re barely making cars and if they ever DID scale it would make owning an electric car fucking impossible. The queues for charging stations become clogged because it takes too long to recharge. You need an entirely new infrastructure to deal with this.

Regardless, the stock is mooning like it’s some tech bubble stock. Why? Because of hype and Elon and nothing even remotely grounded in reality.

>>18497416
>What the hell is going on?
a 16 year old can buy fractional shares on their iphone
ask a 16 year old what the best companies are
they will say tesla because elon musk is redpill
this fact leads traditional investors to tesla because of these retarded teenagers
the company doesn't actually do anything
traditional investors are done bleeding the piggy dry
entire market crashes because teenagers can't support it with their allowances

>>18498005
he constitutionally cannot

>>18498564
Oh shit, I forgot lol.

Even so, I'm sure his career trajectory is going to take him towards some sort of public office. That much money s power, sure, but people still get suckered in for the trappings of it like marks of public office, titles.... prestige shit.

>>18497702
let it dump
activate Quantum immortality

>>18497582
This.

It's a company for idiots who don't know how to read financial statements but love TED talks invest in.

Their stock is in a textbook bubble chart right now. Screenshot this post and rub in in the faces of zoomer tards.

>>18498786
When will said bubble pop in your opinion?

>>18497416
They figured out how to not just make cars, but how to make the production lines of their cars. Model 3 was their make or break moment and they passed it. So they‘re just shitting out factories since every car they make gets sold with no problems.
Oh and they might be the first company to figure out autonomous driving and role it out at scale within the next 3-5 years.
Basically, people are speculating that Tesla will be king of automotive industry in 10 years.
Oh and they might sweep up a good chunk of the battery and solar markets while they‘re at it.
Whether you believe in any of this or not is irrelevant. This is what their investors believe in.

>>18498624
>I'm sure his career trajectory is going to take him towards some sort of public office
He‘s gonna be First Lord Elon of Mars.

>>18497416
just speculation/hype/fomo. There's literally no other reason for this to be so highly valued

>>18497582
1. There is no industry. Electric cars were a fad and no one really uses them, especially not with $20 oil.
2. Whopping 0.005% of worldwide car market share. Less than Lamborghini.
3. Tesla’s are luxury cars and no one buys these in an economic depression.

>>18499079

>autonomous driving

Lmao. I used to work on that stuff. It’ll be 20 years before you get your fully self driving car.

>>18498366
People still say Netflix and amazon don't make money which hasn't been true for like 5 years now.

>>18497416
just hype
>electric cars meme
>Apple for Cars
>Elon Musk cult ("he smokes weed","he works 100 hours a week", "funny dance", "the smashed window was so fun, not staged at all")
>cars will be profitable in a few years
>hype created stock surge and now Tesla might actually survive

>>18498942
My guess is when Toyota/Honda can make a better ev at a lower price point. Or people realize it's overvalued as shit anyway.

Everything that runs on oil will no longer be profitable for quite some time.

>>18499159
>>18499192
That's easy to say now, but in the optimism of economic growth, with a steady transition towards "greener" fuels and general understanding that electric auto was the future, at least in Europe through incentives and heavy carbon taxes,Tesla looked like it could easily become a market leader in tomorrow's market.
.
Obviously there was huge hype and speculative euphoria in trying to price in this potential but it wasn't entirely unfounded.

One more quarter before this shit gets shoved in every index fund possible

>>18498546
Lol he really thinks teenagers buying one fractional share made the stock jump 100% in a month.

>>18498005
And sheep buy into that?

>>18498942
I cant say when but i know how: As suddenly as it pumped

>>18498564
Neither could Onigger.

>>18499079
If they can't automate trains and trams then they can't automate trackless cars.

I opened my broker account because I wanted to go in full Tesla. I didn't buy the bottom. Now I don't really want to unless it goes 400 usd.
William Bernstein said your portfolio should be boring and not filled with these hype meme stocks.

>>18499594
yes but he was not openly born outside the usa

>>18497416
Tesla was shilled here for years. You should have listened

What makes Elon Musk so appealing to r3ddit? Tesla is literally R3ddit:the car

>>18499494
They say that electric cars are 25 years down the road. I've been hearing that for 25 years.

>>18497650
>uber has never made money
Correction: their drivers have never made money

>>18499789
The same reason the iphone is appealing to retards who know nothing about technology. Tesla has not invented a single thing no one else has done already. They aren't even pushing the autonomous technology beyond what it was already 10 years ago.

>>18499827
There isn't enough lithium to replace every fuel powered vehicle with battery powered. And this is not to mention that the energy grid wouldn't be able to support it either.

>>18497416
Tesla is a massive bubble. Look at who is investing in it. Millenials who want to be trendy. They don't have this idea of slow and steady wins the race - they want something that is going to moon.
How do you know Tesla is a massive bubble? Look at its value compared to it's market share then look the value of other car companies compared to their market share. It's absurd. Tesla isn't worth more than major car companies.
Now, are they a good company? Probably. It's just not the best idea to invest in a bubble.

>>18500600
They see everything as winner takes all, since that's all they've seen: google, facebook, twitter, amazon. Even though properties and situation of each is different.

>>18499827
Sure, and you could say the same for many future technologies, like Thorium reactors.
Musk really did change the game though, being the only major entrepreneur in decades who focused an immense amount of talent and capital to greatly push the industry forward and make it look like something actually feasible rather than an upper-class treehugger peculiarity.

This hasn't really been invalidated, nor has the long-term trend of public opinion being increasingly in favor of greener energy been reversed. But obviously priorities will be a lot different in times of economic hardship making the inevitable bubble crash all the more devastating.

>>18501005
Nigger, Tesla is not a winner in the industry. Even in their unprofitable niche they aren't even the leader.

People just see Elon and the stock price and nothing else and assume this makes them some sort of transdimensional über-company

>>18499192
>2. Whopping 0.005% of worldwide car market share. Less than Lamborghini.
For a growth stock, this is bullish statistic.

>>18499494
>in the optimism of economic growth
Here's you problem. There is no optimism, no economy and no future.

EU won't exist in 2 years, along with it's carbon taxes.

>>18501703
For a car company it's a really bearish statistic. Failing to capture even a 1% of the market share in a decade, while not aiming for a low-cap supercar niche is a death sign.

I own one Tesla stock I bought 60 bucks off from it's most recent big low and I wonder if I should sell it I would make 300 bucks on it I don't know if it can go up to 1000 or if there is some other reason I should hold onto it or I should sell I have no idea why it is worth what it is

>>18501882
>EU won't exist in 2 years
you lost all credibility

>>18503057
EU won't exist in 1 year dumb fuck they are completely fucked beyond all fucking comprehension you fucking idiot they imported so many fucking violent greedy subhumans the entire continent is about to collapse

>>18497416
they sell every car they make

buy and long hold

>>18503057
Britain is out, Italy and Spain are not salvageable. The economy of France has already shrunk by 10% since the year started. Then there is Deutsche, that is about to go pop, taking down $50 trillions worth of derivatives to the grave. I don't think it will be this year like anon said >>18503113 I think this year will be the death throws and it will fall apart when the yearly reports start rolling in.

>>18497460
Ok Boomer...

>>18498366
https://www.theverge.com/2020/2/6/21126965/uber-q4-earnings-report-net-loss-revenue-profit-2019

>Overall, Uber says it lost $8.5 billion in 2019 — a sign of just how steep Uber’s path to profitability will be.

>>18497416
Self sustaining Hype.

The people who work for Elon are masters of publicity and the guy has built a massive personal brand around being le ebin supergenius.

See his lucky sucess with spaceX where he was around at the right time to exploit the hole in the US launch market, now it's basically a giant publicity company for him that the US defense establishment cannot allow to fail.

>>18497437
cybertruck

>>18503830
If it was that bad then ECB wouldn't have told the EU to fuck off when they asked for intervention, FED and BOE printing trillions while ECB does nothing and says 'this not monetary problem, this fiscal problem solve it yourselves'. I got such a big hard on for christine after I saw that press conference, I legit would fuck that money mommy hard, hhnnnngg

>>18498471
Have you driven a Tesla?

>>18498627
Based

>>18497702
Came here to say this

>>18497416
Don't ask too many questions goy and buy the dip.

>>18505478
Gullible retard

>>18499192
>Tesla’s are luxury cars and no one buys these in an economic depression
Except people who are wealthy regardless of the state of the economy. Aka their target market
faggot

>>18499079

That's a pretty extreme speculation.

Even if Tesla finally puts all the pieces together, another automaker is just gonna copy what they are doing and produce a cheaper version.

>>18497416
Probably because they're the only car company that actually delivered some new shit in 80 years, the others just pumping useless dinosaur cum cars and changing the shells