You sure can pick 'em. Tesla and DJT!
EV Sales Slow As Buyers Want 20-Minute Charging And 350-Mile Range
Here are the reasons why manufacturers are pulling back on EV production and why buyers are opting for hybrids in stead of EVs.www.forbes.com
Because I enjoy that you're losing your shirt recently. Go buy some more DJT.
Buffet's biggest holding is Bank of America.
| Apple Inc | AAPL | 789,600,000 | 5.1% | $181.03 | $142,941,288,000 | 39.6% |
| Atlanta Braves Holdings Inc Series C | BATRK | 223,645 | 0.4% | $38.63 | $8,639,406 | 0.0% |
| Bank of America Corp | BAC | 1,032,852,006 | 13.2% | $37.65 | $38,886,878,026 | 10.8% |
Well... Looks like "Game, Set, Match" turned into "Fault."
Musk announced that Tesla has *cough* slammed on the brakes for its plan to build out a big charging network. In typical Musk Goblin Mode fashion, this reversal came just days after saying in a securities filing that they were going to "rapidly" expand its network.
Tesla fired 500 engineers working on chargers. Fortunately, since thousands of chargers are being added every month, they should get quickly hired by Tesla's competitors.
Tesla Pullback Puts Onus on Others to Build Electric Vehicle Chargers
The automaker led by Elon Musk is no longer planning to take the lead in expanding the number of places to fuel electric vehicles. It’s not clear how quickly other companies will fill the gap.www.nytimes.com
You didn't buy it for under $20.
I could have sworn there was a post saying hybrids were winning g the battle with EV's being shunned.
GM, like Ford, will collaborate with Tesla to share Tesla's fast-charging EV network
GM will integrate the North American Charging Standard connector design in all of its EVs starting in 2025 and provide adaptors to current EV owners.www.freep.com
This is a game set match for Tesla. They have officially won the EV Battle. The Tesla Supercharger Network will become the gold standard for EV Superchargers. It doesn't matter if you own a Tesla, Ford, or GM.
I just chuckle and laugh at all the people on this board that said Tesla's stock price at 125 was overpriced. LOL. The bright minds on this board were saying it was a scam and that people should put their money in more lucrative investment opportunities like Target or Anheuser-Busch.
I will say this again, Tesla as a company is still undervalued. In the next 5-10 years, perhaps sooner, its market cap will exceed Apple, Amazon, Google, Microsoft, etc.
You can hate Elon Musk all you want, his company, through his leadership and vision, will become the largest and most valuable company in the world.
Eat it.
No - your posting history.
lol... Your inability to respond to anything I've written is noted.
Okay, and...? How does that justify a P/E ratio of 53, when GM is 6?
lol
Oh, please. It's the Muskovites who are the delusional ones here, pretending that Tesla is a tech company when it's actually a car company. At this point, it's more of a meme stock than an accurately priced one.
Okay, and...? How does that justify a P/E ratio of 53, when GM is 6?
It doesn't.
lol
The big auto makers only started making EVs until a few years ago, and Tesla lost money for almost twenty years before finally turning a profit. And they can handle a few more years of losses while eating Tesla's lunch.
Plus, it isn't just the "legacy" companies competing here. BYD is already outselling Tesla.
EVs are not magic... and neither is the druggie at the helm of Tesla. Competition already exists, and has their own tech -- including hybrids, which (unfortunately IMO) are picking up a lot of the slack from slowing EV sales. Tesla's models are aging, with no substantial refreshes in sight. They squandered R&D on the Cybertruck, Twitter, SpaceX and other projects. Tesla does have a lot of cash on hand -- but it's trying very hard to blow a $54 billion hole in that cash hoard.
As to Musk? Again, he's clearly distracted, and it's increasingly clear that he isn't helping.
Oh, please. It's the Muskovites who are the delusional ones here, pretending that Tesla is a tech company when it's actually a car company. At this point, it's more of a meme stock than an accurately priced one.
Tesla could come out OK -- if, at a minimum, Musk actually gets his head in the game and stops screwing around with other projects; or hires a highly competent CEO and actually lets said CEO do the job. The problem is that neither of those seem even remotely likely, meaning that Tesla is likely to continue to lose sales, lose market share, and could very well end up as a bit player.
GM, like Ford, will collaborate with Tesla to share Tesla's fast-charging EV network
GM will integrate the North American Charging Standard connector design in all of its EVs starting in 2025 and provide adaptors to current EV owners.www.freep.com
This is a game set match for Tesla. They have officially won the EV Battle. The Tesla Supercharger Network will become the gold standard for EV Superchargers. It doesn't matter if you own a Tesla, Ford, or GM.
I just chuckle and laugh at all the people on this board that said Tesla's stock price at 125 was overpriced. LOL. The bright minds on this board were saying it was a scam and that people should put their money in more lucrative investment opportunities like Target or Anheuser-Busch.
I will say this again, Tesla as a company is still undervalued. In the next 5-10 years, perhaps sooner, its market cap will exceed Apple, Amazon, Google, Microsoft, etc.
You can hate Elon Musk all you want, his company, through his leadership and vision, will become the largest and most valuable company in the world.
Eat it.
