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Should I step down as head of twitter
This poll is closed.
Yes 420 4.43%
No 69 0.73%
Goku 9001 94.85%
Total: 9490 votes
[Edit Poll (moderators only)]

 
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gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS

Speleothing posted:

I just don't loving understand why these idiots insist on Hodling a meme stock. Has TSLA ever given dividends? The other half of "buy low" is "sell high".

Dividends aren't so much the issue, the issue is that the profit Tesla is making compared to the overall value of the company is pretty tiny. The price to earnings ratio is a fairly fundamental metric for valuing companies (or at least determining if they are over or undervalued). Would you rather spend $100 on something that generates $10 of profit for you, or $100 on something that gives you $1 of profit?

Ford is worth $50 billion, it sold 4.4 million cars in 2023 and has price/earnings ratio of 7.5 or so.

Tesla is 'worth' $500 billion or so, it sold 1.8 million cars in 2023 and has a PE of 36 or something.

Car companies tend to have a PE below 10, VW was closer to 4. For Tesla to have a PE ratio comparable to other car companies the share price would have to fall to around $30/share (making the company worth about $95 billion, one fifth of it's 'value' today). Alternatively their profit would need to increase by about 5x to around $70 billion.

This is the main reason Tesla stans always talk about how it isn't a car company, it's a tech company. Tech companies get away with a much higher PE ratio because they are thought of as developing stuff that doesn't make much money now but will print money at some point in the future. This ties into Musk threatening to take his ideas and develop them in some other company if Tesla doesn't give him his $50 billion bonus, Tesla is much harder to sell as a tech company if they aren't seen to be actively trying to develop new technology.

If it didn't have Musk involved and didn't have a sky high valuation it would actually be pretty impressive that Tesla had gone from nothing to selling nearly 2 million cars a year in the space of 20 years.

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shyduck
Oct 3, 2003


The tech company poo poo is baffling because their tech requires buying the car. There's no other way around it, they're not sourcing out FSD tech as far as I know

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS

shyduck posted:

The tech company poo poo is baffling because their tech requires buying the car. There's no other way around it, they're not sourcing out FSD tech as far as I know

Yeah I don't think the claims really stack up with what Tesla is doing.

Maybe their supercharger network is part of it if they can clip the ticket via some sort of licencing fee every time another brand's EV is charged using their network. But other than that you don't really see much potentially valuable technology coming out of them.

Azhais
Feb 5, 2007
Switchblade Switcharoo

gay picnic defence posted:

Alternatively their profit would need to increase by about 5x to around $70 billion.

This is the main reason Tesla stans always talk about how it isn't a car company, it's a tech company.

and even the Tesla stans pulling numbers out of their rear end with "We're gonna license FSD to every car company in the world and make $20b!" are way way off that profit number

PhazonLink
Jul 17, 2010
Probation
Can't post for 3 hours!

Tai posted:

dumb rear end musk bird post, snipping so his stupid ugly mug isnt quoted


i really hate this loving trope. "bros" say theyre independent, or centrist, or moderate, or "classically" liberal, or even left(tim "beanie/ bald" pool) but then say the left have gotten so extreme so theyre rightwing now.

no you piece of poo poo

Speleothing
May 6, 2008

Spare batteries are pretty key.
Yes, a sane analysis based on equivalent companies puts the price at like $12-35/share.

But I was talking about insane investor behavior, not the fundamental problems with the stock itself.

The dividends are the issue for crazy TSLA to the moon types if they are Hodling through the booms. If you don't sell the stock when it's up and the company never pays you a dividend, then what do you get from having it???


I guess maybe some people who hold a lot can get loans leveraged against their portfolio, if the bank is willing to do it.

Azhais
Feb 5, 2007
Switchblade Switcharoo

Speleothing posted:

If you don't sell the stock when it's up and the company never pays you a dividend, then what do you get from having it???

they get to blow their life savings to prop up Elon's net worth. There have literally been tweets with people being all "I liquidated my kids' college fund, we won't let the stock price go down @elonmusk"

The answer is it's a cult.

Neito
Feb 18, 2009

😌Finally, an avatar the describes my love of tech❤️‍💻, my love of anime💖🎎, and why I'll never see a real girl 🙆‍♀️naked😭.

Speleothing posted:

The dividends are the issue for crazy TSLA to the moon types if they are Hodling through the booms. If you don't sell the stock when it's up and the company never pays you a dividend, then what do you get from having it???

The smug satisfaction of being a TSLA stockholder. It's all bellyfeels and being a prick, all the way down.

Zero VGS
Aug 16, 2002
ASK ME ABOUT HOW HUMAN LIVES THAT MADE VIDEO GAME CONTROLLERS ARE WORTH MORE
Lipstick Apathy

Speleothing posted:

The dividends are the issue for crazy TSLA to the moon types if they are Hodling through the booms. If you don't sell the stock when it's up and the company never pays you a dividend, then what do you get from having it???

You get to smugly :justpost: about it. Same club as Shitcoin enjoyers. Why do you think there's such an overlap between cryptobros and Musk Suckers?

edit: These zealots would probably turn up their noses at those old folks who spend their whole day pulling the slot machine lever at a casino. By attributing value to TSLA or BTC, they're doing the same thing, they are just desperate to give it an air of dignity.

Zero VGS fucked around with this message at 22:37 on Apr 18, 2024

shyduck
Oct 3, 2003


Tesla launched a website to beg shareholders to give Elon money

https://www.supportteslavalue.com/

Darchangel
Feb 12, 2009

Tell him about the blower!


DEEP STATE PLOT posted:

the original tesla roadster from 2011 or whatever was neat. i really wanted one back then.

the appeal of any other tesla is completely lost on me.

The Tesla Roadster was a Lotus Elise with an electric motor. Which is why it looked good. Tesla didn't design it.


Ehud posted:

literally any stock 4wd vehicle with 9" of ground clearance can do this

https://x.com/teslaownersSV/status/1780622853962162273

Bro, my Crown Victoria can probably handle that. It's more of a truck than that pile of poo poo is. I *know* my wife's '03 Outback can.

The Fuzzy Hulk posted:

I have taken my riding lawn mower more "off-road" than that. Not a joke, I have to cross over from one part of the yard to another that looks just like this.

:hmmyes:

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS

Speleothing posted:

Yes, a sane analysis based on equivalent companies puts the price at like $12-35/share.

But I was talking about insane investor behavior, not the fundamental problems with the stock itself.

The dividends are the issue for crazy TSLA to the moon types if they are Hodling through the booms. If you don't sell the stock when it's up and the company never pays you a dividend, then what do you get from having it???


I guess maybe some people who hold a lot can get loans leveraged against their portfolio, if the bank is willing to do it.

The answer is they think the company is worth trillions. They aren’t getting in to sell at $420.69 a share, they’ve deluded themselves into thinking it can get to thousands per share. Dividends don’t really enter into the equation.

Darchangel
Feb 12, 2009

Tell him about the blower!


Captain Hygiene posted:

I finally remembered what all these videos of Cybertrucks inching along over mild terrain remind me of, it's Power Wheels:

https://www.youtube.com/watch?v=9gUART1zYMA

Babby's First Off-Roader :allears:
(I think the Power Wheels might actually be more capable)

Definitely has better build quality.

shyduck posted:

lmao apparently the WholeMars guy is a convicted felon

He's also a massive non-stop $TSLA (and FSD) shill. Like, every. single. post all day long. His feed is nothing but.
So, you know, a piece of poo poo from the word go.

PhazonLink
Jul 17, 2010
Probation
Can't post for 3 hours!
isnt Mars Catalog suppose to be a reference to Earth Catalog which was a competitor to Sky Mall which is just a tacky mail order merch magazine on airplanes during the pre internet, pre mobile device era for passing time?

oh also pre amazon / dropshit sites.

AlmightyBob
Sep 8, 2003

whole earth catalog was like hippie sears

shyduck
Oct 3, 2003


shyduck posted:

Tesla launched a website to beg shareholders to give Elon money

https://www.supportteslavalue.com/

DEEP STATE PLOT
Aug 13, 2008

Yes...Ha ha ha...YES!



Darchangel posted:

The Tesla Roadster was a Lotus Elise with an electric motor. Which is why it looked good. Tesla didn't design it.

oh trust me, i know

SatansOnion
Dec 12, 2011

Texas says I can stay up on school nights playing video games and eat ice cream for breakfast and doesn't nag me to clean my room and do my homework, like dumb mean stinky ol' Delaware

Zero VGS
Aug 16, 2002
ASK ME ABOUT HOW HUMAN LIVES THAT MADE VIDEO GAME CONTROLLERS ARE WORTH MORE
Lipstick Apathy

DEEP STATE PLOT posted:

oh trust me, i know

The Model S looked fantastic for a sedan at the time it came out, especially for how low the drag coefficient was. But the guy who designed it also had the pleasure of attaching his name to the Cybertruck, and he was the guy who personally broke its windows in front of the world, I'm sure he's thrilled with that.

MunchE
Sep 7, 2000

shyduck posted:

The tech company poo poo is baffling because their tech requires buying the car. There's no other way around it, they're not sourcing out FSD tech as far as I know

They're making noise about how they're going to start selling FSD to other automakers.

The Ford VP has been dunking on them all week making fun of it:

https://www.threads.net/@mrlevine/post/C56LW88rL97

Quote-Unquote
Oct 22, 2002



Advertisers are back, baby!

[url][/url]

Seth edit: removed this because no

Somebody fucked around with this message at 03:17 on Apr 19, 2024

AlmightyBob
Sep 8, 2003

great job elon

Bubbacub
Apr 17, 2001

shyduck posted:

The tech company poo poo is baffling because their tech requires buying the car.

Hey, you’re forgetting the robot that can slowly shuffle around.

morningdrew
Jul 18, 2003

It's toe-tapping-ly tragic!

Quote-Unquote posted:

Advertisers are back, baby!

[url][/url]

God bless the global Town square!

Seth edit: how about we don't

Somebody fucked around with this message at 03:19 on Apr 19, 2024

Ghostlight
Sep 25, 2009

maybe for one second you can pause; try to step into another person's perspective, and understand that a watermelon is cursing me



why not delaware, the state everyone uses because of its well-worn courts defending normal business practices? because we are constantly being sued to do business normally.

ComfyPants
Mar 20, 2002

https://www.nbcnews.com/tech/tech-news/hyundai-pauses-x-ads-nazi-content-platform-rcna148414

kazil
Jul 24, 2005

Derpmph trial star reporter!

lol finally

"Ok we're going to give this Elon Musk one more year to not have our ads next to Nazis and then we are DONE!"

DRINK ME
Jul 31, 2006
i cant fix avs like this because idk the bbcode - HTML IS BS MAN

That framing is incredible - the court found the action was illegal the court demonstrated a willingness to make decisions contrary to us.

Absolutely no contrition or admittance either, no “we got it wrong and will do better” - just the court undone what we done and that’s bad. It’s obviously the court is wrong for enforcing the law, because if they thought the judge ruled wrong they would be appealing instead of trying to move to another state.

Viscous Soda
Apr 24, 2004

shyduck posted:

Tesla launched a website to beg shareholders to give Elon money

https://www.supportteslavalue.com/

I can't be the only person to misread this as "SupportSlaveValue" at first glance right?

Alexander Hamilton
Dec 29, 2008
Swiper wouldn’t do that

OneEightHundred
Feb 28, 2008

Soon, we will be unstoppable!

Quote-Unquote posted:

Advertisers are back, baby!
Worst loss meme ever

OneEightHundred fucked around with this message at 02:25 on Apr 19, 2024

ben shapino
Nov 22, 2020
Probation
Can't post for 2 hours!
:whitewater:

5er
Jun 1, 2000


X, the Epstei... er Everything App

R.L. Stine
Oct 19, 2007

welcome to dead gay dog house

Quote-Unquote posted:

Advertisers are back, baby!

[image: swiper is up to his old tricks again]

elon made a spelling mistake and got rid of the boots. this could have been prevented

R.L. Stine fucked around with this message at 02:10 on Apr 19, 2024

Heath
Apr 30, 2008

🍂🎃🏞️💦
Please stop quoting the Dora the Explorer porn tweet.

Gomez Chamberlain
Mar 22, 2005

Subakh ul kuhar!
jesus christ

PhazonLink
Jul 17, 2010
Probation
Can't post for 3 hours!
im surprised musk even allows other car companiwa to even have ads, like its a private biz now, he can do anything.

Hippocrass
Aug 18, 2015

That third panel of the first comic just makes it. It's still funny if you remove it, but that panel included just makes it top tier.

PhazonLink posted:

im surprised musk even allows other car companiwa to even have ads, like its a private biz now, he can do anything.

I mean, he can only get so much from the CSAM advertisers.

Busters
Jan 24, 2014



The attacks are coming from inside the X

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Viscous Soda
Apr 24, 2004


You know it just occurred to me... does Mush hate the terms cis and cisgender because he thinks they're slang for sissy? I mean, I had that pop into my head and thought "Nah, there's no way he could be that ignorant" but after so long reading this thread I'm not that confident.

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