Tesla earnings plunge 71 percent in first quarter

You truly have a hatred for him and I find it hilarious. Take a deep breath and short the stock. I’m sure you will be fine long term.

 

thought you might find this interesting

Former Tesla Robotics Boss Casually Torches Elon Musk's Vision for Saving the Company

But even the company's own former executives have some serious doubts about a fleet of bipedal robots as Tesla's saving grace.

As the EV maker's first Optimus lead, Chris Walti, who left the firm in 2022, told Business Insider, humanoid robots simply don't make any sense in such a setting.

"It's not a useful form factor," he said. "Most of the work that has to be done in industry is highly repetitive tasks where velocity is key."

The human form "evolved to escape wolves and bears," Walti added. "We weren't designed to do repetitive tasks over and over again. So why would you take a hyper suboptimal system that really isn't designed to do repetitive tasks and have it do repetitive tasks?"

 

Musk to partner with Telegram to bring the most powerful Ai in the world to Telegram users willing to pay for it.

Elon Musk betrays Russian ally over £223 million deal

The Russian tech entrepreneur announced a deal between his messaging app and Musk’s chatbot, Grok – worth £223 million. Durov wrote: ‘This summer, Telegram users will gain access to the best AI technology on the market. Elon Musk and I have agreed to a one-year partnership to bring xAI’s Grok to our billion+ users and integrate it across all Telegram apps'

Under a one-year agreement, the Tesla owner would bring his AI chatbot, Grok, to Telegram. In return, Durov would get £223 million in hard cash and stock, and revenue from subscriptions.

Announcing the partnership, Durov stressed that it ‘strengthens’ Telegram’s financial position. He added: ‘We will receive $300 million in cash and equity from xAI, plus 50% of the revenue from xAI subscriptions sold via Telegram'

 

Was this a correction for trump’s contract favors removed from the stock?
(6/4)

 

This all seems very meme stock-like. Stock price seems completely detached from earnings or even technology development/attractiveness.

 

My next door neighbor just turned in his Y for another Y. I got rid of my Model 3, cheap ass vehicle. Loved the acceleration, but really not much else.

 

They are basically souped up golf carts with an iPad. Complete garbage.

 

So tonight musk with start thinking, “wtf did I just do this time?!”

imagine what the Tesla bod is thinking.

 

Pretty accurate description. My insurance was so much higher than my Lexus 350rx because my agent's office told me that when they get in a wreck, they pretty much fall apart and the parts are expensive. Toyota makes vehicles like tanks.

 

Why did you get one in the first place?

 

Seriously though, what in the world explains that drop other than the price of the stock being held up by somebody that wanted to back him due to Trump? And I am somehow doubting that this was 10,000,000 yokels dropping their 5 shares that they bought to own the libs.

There is no economic data backing Tesla's valuation and their technology promises are pretty sketchy at even getting close to the value.

There aren't a lot of entities with the type of cash to hold up Tesla's stock price at this valuation.

 

I got a job where I had to drive one hour each way and gas was over $4 a gallon. It made sense at the time because I had wanted one and I could save about $700/month. The job was crap so after one year I didn't really need it anymore. Then Elon showed his ass and with the tariffs I thought the value would bottom out, which is what is happening. I had it 3 years. It was a regret.

 

that is what happens when your P/E is speculative on the next big thing

 

I'm waiting for that snatch magnet guy to come along and say 'keep thinking that Tesla is a car company' and bet everyone that TSLA will be above 600 in a couple of years.