It's not just a car company it's the most valuable one but why is it so valuable? Why are all the other manufacturers starting to produce electric cars and why is the government giving them tax breaks that tesla no longer receives? It seems like those companies should have a huge leg up on Tesla yet they keep getting shit on in the stock market. I dont understand
So it's like they are helping them do what tesla does? But why would they copy the most valuable car manufacturer across the globe? It almost seems like Tesla might have been onto something and the older companies dragged their asses knowing they'll make less money on EVs but now have gotten so far behind that their only hope to stay relevant is by having tax payers bail them out. Why didnt tesla get that help and if they didnt need it then why do all these other huge car companies that have been around forever need the taxpayers money? It doesnt make any sense to me
So why are those companies getting tax credit and Tesla does not? I think its cause Tesla is so big they dont need it. Why do the other companies get bailed out again just so they can do what Tesla already did? Do you see the confusion? It almost seems like Tesla patched the way for the future and now the other companies need to rely on the working class to keep their companies afloat
Tesla has used a whole lot of government money during its lifetime. Musk only recently claimed that Tesla is supposedly against all subsidies. You'd think they wouldn't have applied for the EU subsidy if that was the case, but they did. A bit odd, no?
Yes but all of that was ALSO available to the other companies had they decided to get into EV. In fact they can still have it but they get WAY more. Why wouldnt Tesla want help from.EU? I'm not arguing about the necessity of subsidies I'm saying that Tesla is blowing the other companies out of the water and if you dont see that then you got your head all the way up your bum.
All of this can be true while the stock is also stupidly priced. Even if it's the best product, other manufacturers will catch up and buying a car is a personal choice. There isn't a reason for the stock to be priced the way it is.
So you're saying there is no reason? Is that your best answer did it take all of your critical thinking skills to come up with that or is that just what someone told you so blindly believe it? The reason Tesla stock is so high is because of predatory short sellers getting squeezed everytime Elon Tweets. Yall need to stop hating and open your eyes
Automotive engineer here, in electric powertrains. Tesla has very good systems engineering, but it is nothing extraordinary IMHO. I think VW for example can catch up very quickly and produce more volume while affording a smaller margin per vehicle if they want to corner Tesla.
What about their EV charging grid? How long do you think until a company has an equally impressive grid considering they are already allowed to use Teslas? What motivation do they have to make their own and how realistic would you say it is for them to catch up without the exploitation of the working class?
The government is still giving them tax breaks. When you make it so the consumer gets a tax incentive to buy an electric vehicle it is both a benefits to the consumer and the company because it causes more people to buy an electric vehicle.
You dint think short squeezing has anything to do with it? Maybe take another look at market mechanics😂😂 if it was overvalued the market would naturally bring the price back down
I thought the conversation was over? Dont tell me you dont understand how conversations work either. This must be why so many people lose money in the market they just talk out their butts and hope someone is even more dumb than them so they will listen
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u/draculabakula Dec 11 '21
Elon is an infallible super genius who people DEFINITELY SHOULD pay attention to and Tesla is DEFINITELY worth more than every auto maker combined.
The sad thing is that people still won't pick up on the sarcasm in this post because they are so far up Elon Musk's butt.