this post was submitted on 31 Mar 2025
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politics

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top 44 comments
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[–] [email protected] 134 points 1 day ago

Good of him to notice, the campaign seems to be working then. Thus carry on and continue demonstrating and boycotting people.

[–] [email protected] 85 points 1 day ago* (last edited 1 day ago) (2 children)

Could it also be that TSLA still has a grossly inflated price at 100x forward earnings. What has it done in the last few years to deserve such a multiple? Make statements about self driving coming tomorrow, hire actors to dance in a robot helmet, and sell trucks with the doors falling off?

Hell, the price is still higher than right before Trump got elected this past November .

Nah, it’s just cAnCeL cUlTuRe

[–] [email protected] 24 points 1 day ago (3 children)

I've always said that, how can be Tesla valued more than several worlds largest car makers combined. Car makers far more reliable and on track than bullshit Tesla.

[–] [email protected] 17 points 1 day ago

On paper, companies with a high P/E ratio can be justified by expecting their profit is going to skyrocket in the future.

You could maybe sorta argue that for Tesla a few years back. Even if you did, the Cybertruck debacle, Elon firing and unfiring the supercharger network people, and other antics of his, should convince you otherwise.

There's just no way to justify it anymore, even assuming there ever was. The fascade is gone and even if the company finds a stable footing, the stock still has a long way to drop.

[–] [email protected] 3 points 1 day ago* (last edited 1 day ago) (2 children)

Not that I’m a Tesla apologist, but keep in mind they are more than just a car company. Also in their portfolio:

  • Solar panels
  • Residential power storage (Powerwalls)
  • Commercial/utility grade power storage (Megapacks)
  • Vehicle insurance
  • SuperCharger network
  • Robotics

Granted, things like robotics are clearly mostly hype at this point, but they have sold & service Megapacks in countries including the US, Canada, and Australia. Their Supercharger network is also seen as a valuable asset given it’s really the only highly reliable nationwide one. Add to that the fact that it’s now an open standard that other EV companies are adopting, and non-Tesla EVs can now charge at many Supercharger stations, and the value of that asset can’t be understated.

I have no idea what the Tesla EV revenue is compared to all this other stuff, but it’s all likely helping boost the value one way or another…

[–] [email protected] 1 points 1 day ago

Being an insurance company is more a necessity because otherwise that low poly draft that they accidentally put on sale would be uninsurable

[–] [email protected] 4 points 1 day ago

Auto segment is about 80% of their revenue, with the remaining 20% being an about even split of the services and energy gen / storage segments.

With ~$100b in total revenue, the percentages are right around where the billions are per segment.

Energy gen/storage as well as services went up a bit in revenue for 2024, but auto also went down, keeping their totals about the same from 2023.

[–] [email protected] 3 points 1 day ago (1 children)

Is the supercharger network worth more than the vehicle building business? Akin to owning “the gas stations of the future”?

[–] [email protected] 8 points 1 day ago

Probably. Elon fired and unfired the team for that. It's probably the best long term plan for the company. Especially since the rest of the industry is standardizing on their connector. Problem is, it's uninteresting, and Elon only likes showy displays.

Long term, businesses tend to be built on boring things. That doesn't work when your CEO likes to swing around a blinged out chainsaw on stage.

[–] [email protected] 19 points 1 day ago

Yes. Was there a question in there?

[–] [email protected] 27 points 1 day ago* (last edited 1 day ago)

wow they don't call him genius for nothing. truly a master of deciphering the subtlety of flashing neon signs.

fucking troglodyte.

[–] [email protected] 30 points 1 day ago (1 children)

I cannot hope for traditional justice for this man so I will resign myself to waiting for a ketamine overdose.

[–] [email protected] 4 points 1 day ago* (last edited 1 day ago) (1 children)

This seems like the worst way for him to go because 100% his "fans", if you want to call them that, will say it was the deep state that killed him for getting to close to their operations. They will try to get Trump to double down on his cuts to the government and it will make things worse somehow.

Really no matter how he goes it will be due to the deep state unless he Luigi's himself

[–] [email protected] 1 points 1 day ago

Deep state but not the Trump one I guess?

[–] [email protected] 20 points 1 day ago (3 children)

Lol this guy is apparently also trying to 'go after' people who talk bad about Tesla. Get a grip homie, the people have a right to think whatever they want about whatever company that want. What's he going to do? Arrest people who post negatively about Tesla? And the guy claims he's such a pro-freedom man. Hilarious except it's tragic enough to just be sad.

[–] [email protected] 11 points 1 day ago (2 children)

These mfs are all free speech absolutists when it is THEIR speech only.

[–] [email protected] 5 points 1 day ago

He's just a guy grown up in apartheid South Africa who wants to call people slurs

[–] [email protected] 4 points 1 day ago

Not enough people realise this fact. It's not Free Speech. It's Freeze Peach, which is defined as only allowing adoration for the cult.

[–] [email protected] 8 points 1 day ago

Do you mean like this?

Question: What's the difference between a Tesla and an upright vacuum cleaner? Answer: The position of the dirt-bag.

Porsche: FAST . . . Ferrari: FASTER . . . . . . . Tesla: FASCIST

[–] [email protected] 2 points 1 day ago

What's he going to do? Arrest people who post negatively about Tesla?

Uh, yeah. That's exactly what they're going to do. Trump is already calling Tesla demonstrators terrorists and pushing for charges in that area for simple vandals.

[–] [email protected] 12 points 1 day ago (1 children)

It'd help if you could believe a word that comes out of his mouth.

[–] [email protected] 6 points 1 day ago* (last edited 1 day ago)

They lie.

We know they are lying.

They know that they are lying.

They even know that we know they are lying.

We also know that they know we know they are lying.

They, of course, know that we certainly know they know we know they are lying. Yet they still lie.

In Russia, the lie has become not just a moral category, but the pillar industry of this country.

Aleksandr Solzhenitsyn (1918-2008) .

. In the U.S. the lie has become not just a moral category, but the pillar industry of this country. shrugs Must be all that money.

SeeMarkFly (2025)

[–] [email protected] 10 points 1 day ago

If that was the only issue. Wouldn't the right (which they claim is a majority) just buy Tesla at this price point?

[–] [email protected] 9 points 1 day ago (1 children)

Yeah the propor methods to protest him should be to not vote for him... or vote to recall him... er... oh yeah that's right, he's got all this power and yet only is on the side line throwing money at a guy, and people he thinks will vote for a guy. So the only recourse he's left us is to go after the money he has to throw.

[–] [email protected] 2 points 1 day ago

Money is speech apparently.

[–] [email protected] 7 points 1 day ago (1 children)

Ahhh so he does perceive us commoners

[–] [email protected] 6 points 1 day ago (1 children)

...when we get in the way of his dream of total power and control.

[–] [email protected] 6 points 1 day ago

We must keep it up then

[–] [email protected] 6 points 1 day ago (1 children)

Wait. Is that man wearing a cheese hat? Why is that man wearing a cheese hat?

[–] [email protected] 10 points 1 day ago (1 children)
[–] [email protected] 6 points 1 day ago (1 children)

I’m not an American. What does that have to do with anything?

[–] [email protected] 10 points 1 day ago* (last edited 1 day ago) (1 children)

Wisconsin has a lot of dairy farmers, and produces a lot of cheese. So much so that their football team's fans wear those cheese hats and are often called "cheeseheads"

https://en.m.wikipedia.org/wiki/Cheesehead

[–] [email protected] 5 points 1 day ago (1 children)

Wild. Okay, thanks for the context.

[–] [email protected] 2 points 1 day ago

Also I've been seeing in the news that he's trying to buy an election in Wisconsin. He's giving people $1 million to vote for the person he wants, or something like that idk.

[–] [email protected] 6 points 1 day ago

He's exactly right, because the broken system allows him to wield government power with the public having no other way to hold him accountable.

[–] [email protected] 4 points 1 day ago

Well, if it pains him: good, continue.

[–] [email protected] 4 points 1 day ago

Aw look at that little hamster wheel turning... He's started to understand, but very, very slowly

[–] [email protected] 4 points 1 day ago

That's called the free market, you communist pig.

[–] [email protected] 3 points 1 day ago

Yeah, that is what is happening, thanks for noticing. How is this brainless fuckstick the richest man in the world?

[–] [email protected] 1 points 1 day ago

Yes, exactly.

[–] [email protected] 2 points 1 day ago

Yes. Problem?

[–] [email protected] 1 points 1 day ago

Aw, it's too bad that empathy is the downfall of Western Civilization, because I have none left for him.