It’s a distraction as they suck out as much value from Tesla as possible before the music stops and they go bust. There are a few really big IPOs this year including SpaceX, which will likely trigger significant market volatility.

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93po 11 hours ago | parent [-]

yes, tesla, famously the worst performing car manufacturer with the worst profit margins, is definitely going bust any day now

	▲	tokai 4 minutes ago \| parent \| next [-]
		Keep up.
	▲	turtlesdown11 10 minutes ago \| parent \| prev \| next [-]
		> with the worst profit margins The 2025 profit margin for Telsa was 4.6%. Toyota's was 9.4%. Telsa is famously on a multi-year sales and revenue decline.
	▲	light_triad 10 hours ago \| parent \| prev \| next [-]
		Here's some context: Tesla, BYD, and Xiaomi Are Playing Different Games https://gilpignol.substack.com/p/tesla-byd-and-xiaomi-are-pl...
	▲	Spooky23 11 hours ago \| parent \| prev [-]
		Clearly 200 forward P/E and three consecutive quarters of missed earning is a sign of profitability. It's a stock worth $50-60 with generous valuation. The premium is the Elon bullshit and grift. That isn't gonna last forever.