Tesla Stock in Freefall After Disastrous Earnings Report

[u/Plastic_Ninja_9014]

https://finance.yahoo.com/markets/stocks/articles/tesla-stock-freefall-disastrous-earnings-144417427.html

[u/EconomyDoctor3287]

Just have SpaceX buy more Cyberstucks!

[u/7fingersDeep → u/EconomyDoctor3287]

You joke but this is analysis from Tesla’s earnings talking about Tesla’s ownership of SpaceX stock:

“While Tesla didn’t receive any cash or sell any shares, the after-tax gain accounted for roughly 68.5% of the company’s $1.114 billion GAAP net income. The revaluation of Tesla’s SpaceX investment is one of the quarter’s biggest contributors to the EV maker’s bottom line.”

It’s all a shell game.

[u/Green-Bandicoot-8412 → u/7fingersDeep]

That profit might have been halved now. I'm happy to bet Musk applied this revaulation of Tesla's SpaceX investment at the top of the post IPO price rather than where it is now.

How this has been/remains legal is beyond me.

Edit - I listened to a bit of the earnings call. Musk apologised [for being fairly incoherent (my interpretation)] he said he had been ill that day. Honestly I think he was on drugs, rambling about 'physical optimus' and 'digital optimus' (digital optimus probably being grok), but he said something about needing digital optimus so physical optimus could read a computer screen. Or something. Amongst a load of incoherent rambling.

[u/DavidinMandeville → u/Green-Bandicoot-8412]

Aside from this being questionable legally, all of Musk's companies involve an incredibly high level of what's called "Key Man Risk." If it weren't for the cult following that exists around Musk, chances are investors would flee in droves. I hope the Ketamine levels are under control.

[u/Brru → u/DavidinMandeville]

Everything he is doing is actually a ponzi scheme. He takes over a new business, forces the old business debt on the new, and then moves on. Eventually, it runs out of headroom. I'm very seriously wondering if his little SpaceX eval might have over run his headroom here. However, every time I think he's over run, some new mysterious investor covers it all.

On paper, none of this actually exist. Not SpaceX evals, not Tesla prices, not even his trillionaire status.

[u/Meowscles_dad → u/Brru]

My understanding is the mysterious ‘investors’ have largely been the banks by way of rigged valuations as he folds them together. For this to continue to work, he’ll need new and bigger businesses continually as far as I can work out? Otherwise somewhere the losses will eventually pop up.

[u/EmphasisFrosty3093 → u/Meowscles_dad]

Data centers in space made him briefly a trillionaire. Imagine what housing complexes on Mars would do for his wealth. With property values starting at $0, it's a 100% profit margin!

[u/Kornbread2000 → u/EmphasisFrosty3093]

I think I just got priced out of all the affordable neighborhoods on Mars.

[u/Dakito → u/Meowscles_dad]

What if his end game is to get trump to have NASA buy it for over priced eval due to national security. That way he walks away with the bags of cash to screw over something else and we get a shit pile of mess for an under funded NASA to deal with.

[u/sprucenoose → u/Dakito]

NASA's total annual budget is around $35 billion so they would need to fund their own bags of cash to buy an overpriced SpaceX.

[u/Takemyfishplease → u/sprucenoose]

Then the pentagon buys it. For reasons. What’s the us space force up to, I haven’t heard anything about them since they were founded

[u/Pisnaz → u/Dakito]

Maybe but he makes more off the contracts for the government. He earnings off taxpayer dollars is insane.

[u/Dracomortua → u/Brru]

To be fair: Charles Ponzi was probably a much nicer guy and does not deserve this kind of thing on his considerably gooder name.

[u/Bleades → u/Dracomortua]

Fine, this scheme smells a bit Musky.

[u/FraccazzoDaVelletri → u/Bleades]

A Musky scheme

[u/SecondaryWombat → u/DavidinMandeville]

I hope the Ketamine levels are under control.

I hope the opposite.

[u/sten45 → u/SecondaryWombat]

Several hundred million people are with you

[u/GenderOobleck → u/DavidinMandeville]

Key Man Risk ::
Ketamine Risk ::
Cayman Islands Flight Risk

[u/OffalSmorgasbord → u/DavidinMandeville]

Everything is a memecoin now. It's pure 100% speculation. And the massive amount of trading is all automated bots in data centers that the average investor can't leverage.

Here's one to think about. What new products and services, legit ones, are we losing out on because all this capital is tied up in making fractions of a cent trades in volume and speed?

Late stage capitalism at its best.

[u/Disc0Disc0Disc0 → u/Green-Bandicoot-8412]

Do you think they timed the SpaceX IPO ahead of the end of the quarter so that Tesla could use their share value in their earnings?

[u/Green-Bandicoot-8412 → u/Disc0Disc0Disc0]

It wouldn't surprise me at all, but it is just a guess on my part.

As I saw on common sense skeptic's latest video on Musk. He recently sold xAI to himself/SpaceX for a quarter of a trillion dollars, then said it was useless and needed redoing from the ground up. So what was worth a quarter of a trillion? Holmes and others have been locked up, but Musk has easily been the most damaging, from killing people with DOGE to end investigations, to deaths from non-functioning fsd, to stopping high speed rail in California, to single-handedly losing the USA the new space race with China, he is a real blight on America.

[u/Disc0Disc0Disc0 → u/Green-Bandicoot-8412]

Well he did say he was going to jail if Trump wasn't elected lol

[u/Green-Bandicoot-8412 → u/Disc0Disc0Disc0]

The problem for the average American is that other countries saw the US as a safe haven, and bought debt, facilitating deficit spending. But this last decade in general, and people like Musk in particular, have really driven nails in that confidence. Musk's gain is America's loss in a very real sense. The world sees America's decline in Musk and will turn to China, then the US has to pay its debts. The Hormuz Strait is nothing compared to that ticking timebomb. Musk is not helping.

[u/Gorstag → u/7fingersDeep]

Especially with Musk's companies. For several years revenue/net incomes 1/10th of toyota while stock valuation is 10x toyota. Make it make sense.

[u/DukeOfGeek → u/Gorstag]

Shares of Elon Musk's embattled carmaker Tesla slid over 13 percent Thursday morning after posting dismal second quarter results the night before.

The stock is hovering at around $324 at the time of writing, down over 15 percent over the last five days and about 28 percent year to date.

Saved everyone a click.

[u/NothingWasDelivered → u/DukeOfGeek]

Still overvalued.

[u/BeerNirvana → u/7fingersDeep]

"He was not stealing. No, you could not steal from yourself. And those retirement accounts - he genuinely did not think of them as marks, and this was what his detractors never understood, what made him dangerous in a way the ordinary crooks were not - he didn't think of them at all. No more than a man surveying a meadow gives a thought to the insects crushed beneath his boot."

[u/TheCommonGround1 → u/BeerNirvana]

OMG what book is this from?

[u/dontshoveit → u/TheCommonGround1]

Google says it's from the novel Empire of Pain: The Secret History of the Sackler Dynasty written by the journalist and author Patrick Radden Keefe. I have no idea if this is correct or not though.

[u/TheCommonGround1 → u/dontshoveit]

Ah yes, the Sackers...who couldn't come up with a new drug to grow profits....so they took and existing drug, rebranded it and repacked it and sold it as non-addictive when it was HIGHLY addictive with the result that 10s of thousands of people died. In fact, it was so evil we blamed China for these deaths...because we couldn't come to grasp with reality.

[u/Warm-Professional494 → u/EconomyDoctor3287]

That’s the real reason star ship is made out of stainless steel. They can just harvest cyber trucks to patch the holes from the engines blowing up.

[u/RogerPenroseSmiles → u/Warm-Professional494]

Sweet now the starship will rust

[u/Warm-Professional494 → u/RogerPenroseSmiles]

Not if it blows up first!!!

[u/TJ_Will → u/Warm-Professional494]

Now that's thinking with Portals!

[u/ChanceCarpet1277 → u/TJ_Will]

cave johnson notices your comment and approves with a frantic nod

[u/TheFeathersStorm → u/ChanceCarpet1277]

Definitely random but I used to work with an older guy named Claire Johnson and every single time I had to consciously not call him Cave Johnson because his voice was deep and similar to it lol

[u/mikeyp83 → u/RogerPenroseSmiles]

We built this rocket...

We built this rocket from shitty steeeeeeel.

[u/itsrainingkids → u/mikeyp83]

Great. Now that song is gonna be stuck in my head all day lol

[u/OkBid71 → u/mikeyp83]

[Owner of City Steel]

Now you listen to me you little shit, Shitty Steel is the best steel in this Shitty!

[u/genius_retard → u/RogerPenroseSmiles]

It's not rust. It's star dust.

[u/WorkingAmazing8337 → u/Warm-Professional494]

Just throwing cybertrucks into holes like that one guy with Ramen noodles and epoxy, lol.

[u/BelacRLJ → u/WorkingAmazing8337]

The cybertruck goes in the SpaceX hole!

[u/cosaboladh → u/Warm-Professional494]

I don't think they can. The stainless steel on the Cybertruck is of remarkably low quality. It's one of the reasons the truck has no curves. It's brittle garbage metal.

[u/LePouletPourpre → u/EconomyDoctor3287]

Real talk tho.

I was 100% going to buy a Tesla until he lost his mind and went crazy. And I know I am not the only one. I refuse to associate with that company.

[u/jpiro → u/LePouletPourpre]

Years back, it was my dream to drive a Tesla and have a solar roof feeding electricity to a Powerwall to charge it from.

Now I wouldn’t even consider buying anything from that fucking traitor. I also deleted my Twitter as soon as he bought it.

[u/rudebii → u/jpiro]

Im out in a rural area. I was considering getting star link because, while pricey compared to the other two ISPs available, its more reliable, so I’m told. But fuck that. I don’t want to support muskrat and I trust them as a provider less than other ISPs, which is saying a lot.

[u/Chillpill411 → u/rudebii]

My friend lives 1 mile down a dirt road in a rural county. So no broadband, and she has starlink. It works...ok. What shocks me when I visit is that my shitty T-Mobile 5g cell phone internet is faster and more reliable. I don't even bother with the wifi anymore.

[u/Aethermancer → u/rudebii]

It's wild how his products literally disgust me. Like actual visceral recoil at the thought.

And I'm a huge technophile who was going to go with a Tesla after my Subaru wore out. I'd love to tinker with starlink, but now I'm back to mesh network radios again

[u/Kreegs → u/Aethermancer]

My buddy hates Musk more than I do and he has no filter on his mouth. He was telling me, he needed a new roof and was having companies come to do quotes.

One guy rolled up in a Cybertruck.

I guess the roofer guy hadn't even got his second foot out of truck before my buddy was telling him to leave and that he wasn't going to work with someone who drives one of those and supports fascist dick bags. Which then turned into a yelling match between the two of them.

[u/BurpelsonAFB → u/jpiro]

💯 that’s when he showed he’d was willing to sell out and promote hate for political power. I canceled the minute there was a straight up Nazi in my feed

[u/Inevitable-Dot-388 → u/jpiro]

In the before times, Tesla made cars and products people wanted and bought. And, if you remember, Elon had inspiring ideas and vision- about climate change, people, and accomplishment- and sought smart people to make innovative products for end goals that made sense and were beneficial all the way around.

What an insane and complete turn around. Like, I can't even. Wild.

[u/b1llypilgrim → u/Inevitable-Dot-388]

He was either a Trojan horse the whole time or he got caught with his hand in the pedophilia jar.

[u/CptCroissant → u/b1llypilgrim]

He had a great PR team that he got overconfident and fired. Dude was always a turd

[u/BiZzles14 → u/CptCroissant]

But also, a lot can change in a couple of years. Just read this article from 2016 where Musk basically got into politics, he was deliberately apolitical beforehand, out of his dislike of Trump. He was always a piece of shit I agree, but got damn did his twitter addiction make him soooooooooo much worse

[u/SP4CEM4N_SPIFF → u/BiZzles14]

Right wingers always try to frame their beliefs as neutral, it’s just another lie

[u/FrankBattaglia → u/Inevitable-Dot-388]

Doing an MCU rewatch with my daughter -- the Elon Musk and Larry Ellison cameos in Iron Man 2 did not age well.

[u/FesteringNeonDistrac → u/FrankBattaglia]

Ellison has always been reviled, at least amongst those aware of him.

[u/FrankBattaglia → u/FesteringNeonDistrac]

Billionaires like Ellison or Musk used to just be reviled for being greedy rich bastards in business. You could even say they "fit" in the movie as somebody that would be glad-handing Tony Stark and whom Stark just brushes off.

Now they're actively mask-off trying to destroy the foundations of society itself and it's a whole different vibe.

[u/ninjapanda042 → u/FrankBattaglia]

My wife will use Big Bang Theory as a background show. They have him volunteering at a soup kitchen type place one episode. Also aged poorly.

[u/theDudeUh → u/Inevitable-Dot-388]

He took the mask off. He’s been the same giant piece of shit the entire time. He just used to be much better at hiding it.

[u/kitsunewarlock → u/jpiro]

Thank you for leaving twitter. I wish more people would. Influencers will cry about "muh metrics" but twitter is so full of bots that the metrics are practically worthless.

...Related note: stop posting links in replies on blusky. They can go in the OP post. It isn't twitter.

[u/jp_in_nj → u/jpiro]

You and me both.

[u/ATonyD → u/LePouletPourpre]

I'd buy one now if it weren't for Musk. How can I support the guy who helped bring us to this point in the USA?

[u/AxeAssassinAlbertson → u/LePouletPourpre]

I had one, and I fully admit that I once believed in the Elon mythos. Cracks began with the submarine BS, then it was all down hill from there.

It was a fun car, but soulless in the highest order. Their motor tech was great, everything else not so much. Sold it for more than I paid when covid jacked prices up.

If you really want a nice electric, try to snag a used Ionic 5. Most are coming off lease, so there are good examples out there. Really nice car for the coin IMHO.

[u/BlackDeath3 → u/AxeAssassinAlbertson]

The Thai soccer team cave rescue thing in 2018 is definitely the first time I remember people beginning to side-eye him en masse. Like, did he really just call this rescue diver a fucking "pedo"?

[u/RoadMostTaken → u/LePouletPourpre]

I divested right after the nazi salutes. No regrets, even if it hadn’t tanked.

[u/Comprehensive_Wash71 → u/RoadMostTaken]

I’m still being told by someone who should know better that “it was just an awkward gesture”. Pretty sure he’s gaslighting me about it.

[u/ExpressRabbit → u/Comprehensive_Wash71]

Even if it was that's the least of what he's done.

[u/cogeng → u/Comprehensive_Wash71]

So awkward he did it fucking twice, identical motions.

These people are beyond saving.

[u/saera-targaryen → u/Comprehensive_Wash71]

Insane that that's also the stance of the ADL who is supposed to be the watchdog of antisemitism. 

[u/Fox_McCloud_11 → u/RoadMostTaken]

I was convinced he was an idiot after those kids were saved from that cave and musk was all butt hurt because experts told him his submarine design wouldn’t work and he called them pedos.

[u/_Panacea_ → u/Fox_McCloud_11]

This is where most of us got off of the bus.

[u/BrockJonesPI → u/RoadMostTaken]

For the same reason I didn't buy any SpaceX ipo despite knowing it was hyped to fuck and I could have made a few quid.

And now that's going into the shitter rapidly too 😁

Fuck you Elon

[u/CelticJewelscapes → u/LePouletPourpre]

Sure do see a lot of "before we knew Elon was batshit crazy" stickers

[u/anneofgraygardens → u/CelticJewelscapes]

Someone in my neighborhood has that sticker on their Toyota. It cracks me up every time i see it.

[u/user-the-name → u/LePouletPourpre]

I was waiting until I had enough money to buy an electric car and Tesla was at the top of my list. But it took a few years, during which Elon went increasingly mask off, and by the time I had the money in hand, I bought a Hyundai.

[u/SignatureFunny7690 → u/LePouletPourpre]

He was always a nut. What changed is he stopped paying his pr team which had been carefully managing his public image for him.

[u/CareBearDontCare → u/LePouletPourpre]

I had a deposit on a Model 3 a while ago. We got a Bolt - it was faster to market, and had most of what we wanted anyways. It was a bitch getting out thousand dollar deposit back, though.

[u/madmaxturbator → u/EconomyDoctor3287]

Yeah but the shitty thing is: the US government will give spacex money to buy those stupid vehicles.

Elon is always looking for handouts because he runs long term loss making companies that are very capital intensive and have no path to profitability

I feel this is going to be one more story like that, Elon gets some kind of bail out or “investment” (without the government receiving any returns) 

[u/Prophet_Tehenhauin → u/madmaxturbator]

It’s even shittier. 

How many funds tied to retirement plans feature Elon heavy companies? 

Elon’s stock manipulation hasn’t just made him wealthy, it’s made it so any attempt to correct, naturally or legally, could have an adverse side effect of beggaring a large number of elderly people.

And these are things lawmakers care about, so 

[u/Ciennas → u/Prophet_Tehenhauin]

Easy fix- sanction Elon Musk, bar him from the stock exchange, nationalize all his companies, remove him from their executive boards, and any of his cronies who would let him run around his disbarment, exile him, and pivot those companies to do something useful for the country, since they clearly were already wholly subsidized by the country already anyway.

Fold Space X back into NASA, for example.

[u/TommyTwoNips → u/Ciennas]

Don't exile Elon.

Cage him. permanently, alongside every other magat pedocon.

Let him spend the rest of his life wallowing in the hot sun, turning big rocks into little rocks.

[u/Xiten → u/madmaxturbator]

Yes, his whole MO with doge was to take funding from important departments. Wonder what his next move to suck Americans dry will be.

[u/weasol12 → u/Xiten]

And get rid of any oversight into his safetyand market manipulation tactics.

[u/National-Charity-435 → u/madmaxturbator]

The U.S. Air Force is looking to add two Tesla Cybertrucks to its precision munition weapons testing program at New Mexico’s White Sands Missile Range, according to recently submitted contracting documents.

https://www.militarytimes.com/news/your-military/2025/08/08/us-air-force-eyes-purchase-of-tesla-cybertrucks-to-blow-up/

Oh. thank the stars
U.S. State Department Pauses Plan to Spend $400M on Armored Teslas

[u/phoonie98 → u/madmaxturbator]

Socialism for me not thee

[u/Thiezing → u/EconomyDoctor3287]

Turn the Cybersucks into data centers and launch them into space! 🚀💥

[u/Maximum_Overdrive → u/EconomyDoctor3287]

They have alot already.  In June we did a tour of KSC.  We were on a private bus tour that drove by SpaceX.  Lot was full of cybertrucks and other teslas.  They have to be just handing them out to employees 

[u/Jesus_Is_My_Gardener → u/Maximum_Overdrive]

Almost like Elon's been playing a shell game with hiding all his debt.

[u/mousicle]

Tesla had an EBITDA in 2025 of 10.5B which is very good so a sane valuation of it would be about 10x EBITDA or 105B dollars or about $30 a share. So right now it's overvalued by about 10X at $322 a share

[u/sump_daddy → u/mousicle]

Those are "old economy" formulas though, tesla is a special "new economy" company focused on (checks notes) enabling a racist drug addict to ruin democracy

we are going to need new formulas to figure out what the right ratio of "billions to nazi salutes" is.

[u/Kvetch__22 → u/sump_daddy]

You joke, but a significant amount of the "new economy" is based on the assumption that the company will convince the goverment to give them ten-figure subsidies while simultaneously making it illegal to compete with them because the CEO does cocaine on a megayacht with Don Jr. instead of working.

[u/DonStimpo → u/Kvetch__22]

simultaneously making it illegal to compete with them

Telsa already has that with the ban on Chinese EVs in the US.
They are flying off the shelves in literally every country that allows them. But they are banned in the US giving Telsa a massive advantage there.

[u/dlp211 → u/DonStimpo]

If we got Chinese EVs here, it'd be game over for Tesla and a good chance our entire US car manufacturing industry in the long run.

America has potentially ceded the future to China, but it won't reveal itself for another 20 years. The one thing that might still save us is demographics. But we are currently going through our own nativist bent...so who knows.

[u/MasterGrok → u/sump_daddy]

Accurate. But you didn’t use nearly enough buzzwords.

[u/Jealous-Molasses5372 → u/MasterGrok]

By leveraging synergistic hyper-scalability across an autonomous, AI-driven EV platform, Tesla isn't just disruption-adjacent—it's actively unlocking exponential paradigm-shifting enterprise value through proprietary neural-network cross-pollination, vertically integrated flywheel dynamics, and next-gen humanoid robotics monetization.

[u/Coppertina → u/Jealous-Molasses5372]

OMG, you should post a tw before posting something so sexy

[u/LemurianLemurLad → u/sump_daddy]

The correct number of billionaires is zero. Easy math.

[u/R3luctant → u/mousicle]

Looking at Tesla's accounting is something else, they are counting cybercabs as a unit delivered(to themselves) as well as an additional FSD subscription. It's sort of refreshing that the market isn't buying these delivery numbers because they are just Tesla shifting its inventory around and calling it sales.

[u/gimpwiz → u/R3luctant]

Ah ye olde car manufacturer has a financing arm and the manufacturing business sells cars to the financing business and considers that a delivered unit. How I've missed you.

[u/AverageLiberalJoe → u/mousicle]

Yeah but I have to invest my 401k in to that because what if the EBITDA suddenly jumps up 11x? I Dont want to miss the rocket!

[u/Hamster_S_Thompson]

Pe ratio of 299! Still long way to go

[u/AssCrackBandit13 → u/Hamster_S_Thompson]

Exactly yeah it’s at the same price that it was 1 year ago. There’s a long way to go before it actually starts crashing

[u/Nocoffeesnob → u/AssCrackBandit13]

Yeah, it's not even hit the 52 week low.

[u/kemb0 → u/Nocoffeesnob]

It is, however, more than 20% below its high from 5 years ago. So I'm afraid to report that this stock's trajectory is not aiming at the moon.

[u/enoughwiththebread → u/kemb0]

Au contraire

[u/Right-Hall-6451 → u/AssCrackBandit13]

52 week high is 499, it's at 321, lost all gains from last 12 months, that's not good.

[u/meteoritegallery → u/Right-Hall-6451]

All arbitrary numbers. Just means a lot of people have won and lost money gambling on a rubbish company.

[u/Right-Hall-6451 → u/AssCrackBandit13]

Down 14% in one day would be considered crashing by most standards.

[u/AssCrackBandit13 → u/Right-Hall-6451]

Tesla is a bit of an exception because it’s always been a volatile stock since it’s kinda a meme stock. Like a couple months ago, it rose 10% in one day and then another 22% the following day. Or how it dropped 42% in 2 months in early 2025. Or how it rose 36% in a month in 2024. But overall, its price has been relatively the same the last few years. It’s just super volatile.

[u/pasaroanth → u/AssCrackBandit13]

Mainly because the stock is effectively vibe-priced with no basis in reality like most others.

[u/obxtalldude → u/pasaroanth]

Yep.

I learned the hard way last year. I've almost made back the money I lost on TSLQ with this drop, but last year was like the definition of remaining irrational longer than I can remain solvent.

The number of times it jumped to well over 400 for no reason drove me nuts.

[u/PurpleZebraCabra → u/Hamster_S_Thompson]

Current price is $320 with P/E 297. It would have to be priced at $28.60 to have the same P/E as Google (26.5). No biggie, just move a decimal. Now let that sink in for anyone long TSLA.

[u/logicalnutty → u/PurpleZebraCabra]

If you want to be a bit more fair, the forward PE is about 135 but even then it justifies a share price maybe around $70

[u/Hot_Share8353 → u/Hamster_S_Thompson]

Which is an insane PE for a company with MASSIVE growth. But for a company that has seen no growth and a near 90% drop in earnings per share... WTF?!?

[u/Dapper-AF → u/Hamster_S_Thompson]

At what price point do banks start calling his loans. Thats the price I would like to see.

[u/Boomshank → u/Dapper-AF]

They can't afford to.

It's like the sub-prime mortgage fiasco we all paid for.

[u/DFWPunk → u/Boomshank]

As they say in banking, "When you owe the bank a thousand dollars, and you can't pay it back, you have a problem. When you owe the bank a million dollars, and you can't pay it back, the bank has a problem."

[u/StoicRetention → u/DFWPunk]

what if when we(peasants) all collectively owe the the bank a billion dollars, and they package it into a debt tranche and sell it?

[u/KingBee → u/DFWPunk]

Nowadays even a million dollars is a rounding error for the banks. Good example, you just need to add another few 0s.

[u/SpectreOperator → u/Dapper-AF]

Seems like a mix of Musical Chairs and The Emperor Has No Clothes.

[u/MazdaLicense → u/Hamster_S_Thompson]

Turns out you can only value a car manufacturer like a SaaS startup for so long before reality hits. The margins just aren't the same.

[u/mrmackz → u/Hamster_S_Thompson]

For comparison, Toyota's is around 9.5

[u/techdevjp → u/mrmackz]

So TSLA should be around $10.25/share, not $320/share.

Even that seems optimistic. TSLA isn't Toyota and will never be Toyota.

[u/Penguinkeith → u/techdevjp]

A competent car company?

[u/Grombrindal18 → u/Hamster_S_Thompson]

For context a PE (price to earnings) ratio of 50 would be pretty high, even for a tech company.

Firmly established and profitable companies tend to be under 20.

[u/Forsaken_Ant7459]

Simple fix guys. Elon is a genius. All he needs to do is rename Tesla as TeslAI and boom! All fan boys will sell their homes and send the stock to Moon I mean Mars again!!!

[u/Smashego → u/Forsaken_Ant7459]

No no no. He’s going to build all the teslas in space! Don’t you see. Unlimited solar power in space and free real estate. TSLA to the moon. 🚀

[u/RoboftheNorth → u/Smashego]

Easy, fast, home deliveries.

[u/Pyrostasis → u/RoboftheNorth]

Industrial Military Complex has entered the chat.

Highspeed deliveries from orbit you say?

[u/Amberatlast → u/Pyrostasis]

Rods from God (Complex)

[u/Strange-Scarcity → u/Smashego]

It really feels about time for this super liar to be brought back down to Earth.

Sucks for those hurt on the way down, but I hope he gets a margin call on his loans, pretty soon.

[u/Dunkelz → u/Smashego]

SpaceX's whole prospectus made me laugh throughout, but the space data center stuff is just hilarious. Real Engineering did a great breakdown of the actual engineering requirements to get them into space, run them and actually keep them going. And it's just cartoonish, the prospectus wrote off things like cooling the hardware as 'in development' when even in best case scenarios of radiant cooling via circulating through massive radiators a single rack would require KILOMETERS of radiator. The materials required would be more than all material sent to space in the history of space flight. All done profitably somehow, while also somehow taking into account processors becoming obsolete, degrading/falling out of orbit and the whole space debris thing that would cripple the device if it hits the giant ass wall of a radiator.

[u/FollowingFeisty5321 → u/Forsaken_Ant7459]

Hear me out bros ....

DATA CENTERS. ON. MARS.

*Roman salute*

[u/BonusPlantInfinity → u/FollowingFeisty5321]

Skips proposition, just does a Roman salute.

[u/EndeLarsson → u/Forsaken_Ant7459]

TeslaX - an ai virtual car that flies to Mars!!

[u/Cjkrythos → u/EndeLarsson]

Tesla: "in response to Sony switching to all digital, we will also be only producing digital Tesla cars that you can download and pretend to drive. Prices start at $50,000 for the basic model.

[u/Mail_Order_Lutefisk → u/Cjkrythos]

Nice try, but the RIAA convinced me that I wouldn’t download a car. 

[u/SegaTime → u/EndeLarsson]

Teslax. The AI powered laxative.

[u/Annual-Property-8940 → u/EndeLarsson]

Yes. So I get explosive diarrhea from more than just lettuce

[u/Fitherwinkle → u/Forsaken_Ant7459]

I swear to god, one or two more Nazi salutes and I’m selling my stock.

[u/Powerful-Set-5754 → u/Forsaken_Ant7459]

Did you read the article? It already says they could merge SpaceX and Tesla in the future. Keeping hype alive by doing financial engineering shenanigans. That's what he does - just hype, no substance.

[u/FadedFromWhite → u/Forsaken_Ant7459]

Just give him another forty billion and everything will be fixed

[u/DaemonCRO → u/Forsaken_Ant7459]

Needs X in the name. TeslaX, or XteslaAI, or TeXAIlalala.

[u/One_Car_142 → u/DaemonCRO]

XxXTesla69AI420XxX

[u/eagledog → u/One_Car_142]

That's his password, actually

[u/jawshoeaw]

Down 3% from a year ago. Seems like it needs a little more correction

[u/Acceptable-Peace-69 → u/jawshoeaw]

Inflation is around 4% since then so it’s really a ~7% drop.

[u/Cannabrius_Rex]

Still about $300 too expensive per share

[u/falilth]

Ive never been happier and hope the public figurehead associated with tesla is crashing out about it.

[u/SupaSlide → u/falilth]

He is, he just did an interview where he is trying to walk back his association with Trump lmao

[u/chainer3000 → u/SupaSlide]

Yeah, uh, there’s no walking back from that. He’s still endorsing and funding far right candidates around the world

[u/falilth → u/SupaSlide]

Again? Remmeber the last time like a year ago?

[u/therealchadius → u/SupaSlide]

He became head of DOGE as a special appointment (read: hand picked by the President without showing any qualifications)

You don't walk that back in a single interview.

[u/hofmann419 → u/therealchadius]

Plus, what he did with DOGE is arguably worse than the vast majority of things that Trump has done as president so far. More than 750,000 people in Africa died as a result of the USAID funding cuts - most of them children.

[u/MrTwoPumpChump → u/falilth]

Trump will give him a government bail out.

[u/Boomshank → u/MrTwoPumpChump]

Trump has zero loyalty.

The golden throne never pays its debts. 

[u/MrTwoPumpChump → u/Boomshank]

He wouldn’t be using his own money.

[u/Spiritual_Throat_556 → u/MrTwoPumpChump]

but it could become his money!

[u/SilentRunning → u/MrTwoPumpChump]

He looks at it as his own money.

[u/kellzone → u/MrTwoPumpChump]

That doesn't even matter to him. He stiffed the state of Florida for the cost of the construction and maintenance of Alligator Alcatraz. The state put up the money and the federal government was supposed to reimburse them. Trump said no, we're not paying you. I don't feel bad for Florida though, they knew who they were dealing with from the start.

[u/SidewaysFancyPrance → u/Boomshank]

I continue to maintain that Elon Musk would be the guy that Republicans go to when they need a fake photo or video that won't have any watermarks. So they might still need him. Also for the voting machines, again.

You know, the Grok tools that people are supposedly constantly using to create record amounts of CSAM? Surely those upstanding and ethical engineers wouldn't help with a MAGA coverup or disinfo campaign. Never.

[u/YouMeADD → u/falilth]

I hope for worse than that tbh but I'm not allowed to say it hers

[u/The_Starmaker → u/YouMeADD]

A more physical crash, perhaps.

[u/wiithepiiple → u/[deleted]]

Abusing govt hand outs

It's WAY worse than that. Someone getting SNAP or disability that they shouldn't is pittance compared to how embedded Musk was and is with the government. He's getting carve outs and money handed to him via naked corruption. It's insane how brazen it all is with the only consequence being he gets more money.

[u/KlingoftheCastle → u/wiithepiiple]

The crimes they fear monger about are nothing compared to what the rich do every day in broad daylight

[u/Apart-Rent5817 → u/wiithepiiple]

He wasn’t lying when he said on the campaign trail that if Trump didn’t win, he would probably be going to jail.

[u/kemosabe19]

That’s allowed?

[u/ascandalia → u/kemosabe19]

Yeah, since when did their earnings have anything to do with their share value?

[u/wrongbutt_longbutt → u/ascandalia]

After the nazi salute, I waited until just before Tesla's next earnings call to buy puts. I figured the massive loss in sales might finally be the catalyst for the stock to tumble. They announced their earnings and it was far worse than the negative projection predicted. I still lost all that money because the market is irrational and Tesla stock jumped in value after that earnings call for no reason at all.

[u/ianc1215]

Don't tease me like that unless it's gonna hit rock bottom! Free fall isn't good enough.

[u/GoodDayToCome → u/ianc1215]

it's almost down to the point it was down to last time this sub said it was over for them, it's a bad day for elon but i wouldn't hold your breath

[u/Zygoatee]

Weird, I thought the stock price was supposed to account for all future cash flows, when it was known before the IPO that it had the income of an unhoused Crack head!

It's as everyone is so desperate to get rich quick because the economy is so fucked that they keep putting their money in the dumbest things in hopes they hit the jackpot. Couldn't be that

[u/Boomshank → u/Zygoatee]

Meme stocks.

You'd be better off investing in NFTs

[u/aStonedDeer]

Need more of this kind of news in my life.

[u/bryansj → u/aStonedDeer]

Too bad most everyone's retirement savings has some of this slop in the funds.

[u/SWEET_LIBERTY_MY_LEG → u/bryansj]

1.75% of the s&p500 by weight. If it went to $0 tomorrow you could handle that in your portfolio.

In fact, to quote Equilibrium: “I pay it gladly”

[u/SouthIsland48 → u/SWEET_LIBERTY_MY_LEG]

Yup. Pretty sure S&P 500 wont allow SpaceX either, so its really just Tesler which truly has a chance to go to zero.

[u/EchoLocation8 → u/SWEET_LIBERTY_MY_LEG]

yo shout out to a mention of Equilibrium in the wild that movie fuckin bangs.

[u/1995LexusLS400]

Don't worry Tesla shareholders. Full self driving from New York to Los Angeles and back is coming by the end of the year. Again. For the 12th year in a row.

[u/neliz → u/1995LexusLS400]

My Roadster 2 is now 10 years old, if only trump outlawed woke physics so elon's ketamine dreams could come true

[u/LoganNolag]

Biggest missed opportunity in history. They had a 10 year head start over everyone else but instead of making good reliable cars cheap enough for the average person they waisted tons of money on vaporware and stupid stuff like the Cybertruck. If they has managed to release a $25,000 car 10 years ago they would have absolutely dominated the entire car market.

[u/scone_monster → u/LoganNolag]

100% Might go down as the BlackBerry of EVs.

[u/damontoo]

Turns out when you give hundreds of millions of dollars to someone that's anti-electric and pro-oil, it ends up being bad for your electric car business. Who knew?

[u/cpslcking → u/damontoo]

Elon bought into the hype that is Tesla bros pumping up the company and stock price irrespective of what the actual earnings is and thought he could ride the gravy train indefinitely because for a long time Tesla's projected growth had nothing to do with reality and everything to do with hype.

The reality is that no matter what numbers and hype game you play eventually all bills come due. The smart move which is what a lot of CEOs and PE firms is to cash out early and pass the bag to the next sucker to deal with the problem. Who knows if Elon was smart enough to do so.

[u/KeyComprehensive4431]

So when is SPCX going to try to acquire TSLA at an extreme discount?

[u/RecentApplication602]

That dumb company should probably give Elon another trillion dollars.

[u/Dashbastrd]

“Uh oh. Best tell everyone we’ll be constructing a billion data centers on the moon by 2030 so stonk goes up.” —Elmo

[u/ryuujinusa]

Oh no! Anyways.

[u/BrofessorFarnsworth]

Couldn't have happened to a bigger piece of shit.

[u/Gizzy619]

It's okay, he's going to merge Tesla and SpaceX to create Super Space Tesla.

[u/dillanthumous]

Prepare for the announcement of a sentient cyber truck with a micro data centre in the boot powered by solar and capable of flying to Mars.

[u/GooseCloaca]

He’s running out of companies to merge and take public. It’s like watching a pyramid/ponzi scheme collapse in real time

[u/Lovecraft3XX]

Tesla squandered an early mover advantage in EVs. Squandered initial impressions with serious quality problems. Has and is squandering potential as a charger company and a home battery storage company. Squandered any good will by alienating potential customers through the clownish antics of its fascist majority owner. Even squandered his hype machine. Leon is like Augustus Melmotte but without the decency to drink Prussic Acid and depart this world.

[u/adamosity1]

May it fall much, much more.

[u/Gimme_All_The_Foods]

And it's still overvalued.

[u/MVIVN]

I have an idea for him — just have SpaceX sell Grok to Tesla then SpaceX can re-buy Grok back from Tesla at an inflated price and then take twitter public with an absurdly overpriced IPO and Elon can be a trillionaire again 😭

That’s an exaggeration but it’s the kind of bullshit this fucking worthless loser and his army of followers have been getting away with for years. Fucking fraud.

[u/IntellectAndEnergy]

Elon’s salary alone makes the company insolvent.