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WarmWash 6 hours ago

Anyone with sense sees the negativity around Tesla.

It trades at a 360 p/e with annually shrinking finances. None of it's blockbuster promises have come to fruition, and it keeps on faux chasing hype products to keep shares buoyant. Nevermind all the shady accounting and and notorious opaque data sharing that has cropped up in the last few years.

It has had three success stories which are all pretty banal (model S, model 3, model Y), and has a litany of perpetually "just around the corner" products that will fill those massive 360 p/e shoes and then way more. FSD, roadster, semi, model 2, robotaxi, optimus robot, and now terafab. All vaporware that is indefinitely pending, and seem perfectly crafted to tickle the mind of "the internet IQ test said I'm a genius" type investors.

It then has it's meh business of battery production and storage, which does alright for what it is, but even still is now borderline noncompetitive with Chinese offerings.

So if electrek is going hard against Tesla...it kind of makes sense?

RankingMember 6 hours ago | parent | next [-]

Yeah, to me it's not bashing or negative to call a spade a spade.

scottyah 6 hours ago | parent [-]

What if you were just reporting on electric cars then dropped most reporting on electric cars from the foremost electric car company unless there was a way to include ceo-bashing for half the article? I get being fair or even a decent amount of hatred for whatever reason, but Fred really changed his tune and became quite spiteful. It was sad to watch, and many people tried to help in online comments, but seems like the negativity mostly won out.

RankingMember 6 hours ago | parent | next [-]

In my view, the negativity was commensurate with the company CEO's increasingly erratic behavior and choices.

Ferdinandpferd 2 hours ago | parent | prev [-]

There are plenty of CEOs who have had this result on trade publications and/or market analysts. The only difference I see is that Musk can be neither thrown out like the majority nor pressured to listen to PR experts who normally spend as many hours as it takes to convince a schmuck like him with a majority stake that being a silent partner shows strength and confidence.

LanceJones 6 hours ago | parent | prev [-]

Some fair points, but Model Y was the #1 selling SUV in China in Feb and Mar, and 2nd place vehicle was almost half the price.

WarmWash 6 hours ago | parent | next [-]

BYD has two SUVs in the ranking, which added together brings them to parity with the Y.

That aside though, in total sales, BYD is selling 2.5x the amount of EVs.

Tesla ranked 9th, behind Toyota and Volkswagen for total sales in Feb and March.

Globally, Tesla has a tight lineup, so there is only one SUV choice. Other brands outsell Tesla model Y, but it's splintered across their many offerings in the SUV space. Tesla really wants you to know that the model Y is the top selling car globally. They don't want you to know that other SUV brands outsell them, but in the form of many different models.

This is exactly the kind of nonsesne flexing I am referring to that comes out of Tesla for the last few years. Things that on the surface seem "wow", but underneath are just shady or misdirection.

0cf8612b2e1e 5 hours ago | parent | prev [-]

Tesla sales numbers are perpetually skewed by their limited model numbers. Other car manufacturers (rightly or wrongly) have many more SKUs, so any one particular version is unlikely to hit the #1 spot.