Remix.run Logo
paxys 4 hours ago

There's nothing to understand really. Tesla is a meme stock, and will keep rising as long as Elon and others keep hyping it up.

mapontosevenths 4 hours ago | parent [-]

I don't understand why this keeps working. The dude doing the hyping is widely hated.

67% of Americans have said they'll never consider buying a Tesla. 56% cite Musk as either the entire reason or part of the reason. [0]

Tesla IS Elon Musk. Without him they're nothing, with him they can't access 2/3rds of the market. Why would anyone invest in that?

[0] https://www.yahoo.com/news/two-thirds-of-americans-now-say-t...

iknowstuff 3 hours ago | parent | next [-]

TSLA investors:

* don't believe the 67% will follow through with that after experiencing FSD

* don't need 67% of Americans to purchase the car. Robotaxi use is plenty.

* look beyond the American market and its pathetic 5% EV share.

mapontosevenths 2 hours ago | parent | next [-]

Personally, I suspect they're very wrong about the first two points, but that's just my opinion.

Thanks for explaining the other side of it.

dzhiurgis 2 hours ago | parent | prev [-]

FSD is going to wipe everything off.

I’ve tried v13 few weeks ago, knowing it works so well. Still got shocked how good it is.

They’ll have to drop the price of it tho, but even then 10M cars * $100 per month is $12b of revenue per year.

mapontosevenths 2 hours ago | parent [-]

How is that a Tesla thing though?

I'm fairly certain every auto manufacturer and many non-auto manufacturers are working on it. I doubt they'll be able to patent anything truly important to the process, since others beat them to the market with most of it. Or am I missing something essential?

overfeed an hour ago | parent [-]

> How is that a Tesla thing though?

It's not. Waymo could license a version of its stack using the Android model (specifies a minimum sensor suite OEMs have to qualify models on).

vkou 3 hours ago | parent | prev [-]

Stock valuations are not a democracy of public opinion, they are the product of investors putting their money into the stock.

Musk is a shit human, but to an investor, everything he touches turns to gold. Whether his companies make anything useful doesn't matter, what matters is that the stock price in his companies goes up, so people give him more money. This works until it doesn't.