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A comment on Tesla reports 1.1% sales drop for 2024, first annual decline in at least 9 years. Parent comment

Re:Tesla reports 1.1% sales drop for 2024, first annual decl... by light_hue_1 on Thursday January 02, 2025 @12:53PM (#42576748)
I don't think so.

At least from my personal experiences I know of at least a dozen sales that 3 years ago they would have made hands now. People compromise and buy what are clearly worse cars to avoid the Tesla brand. A friend just brought an ioniq a few months ago, same friend who was salivating over our Tesla a few years ago and kept talking about buying one endlessly. Guess why they didn't buy one..

Heck. I'm one of those people. We were customers for life. But my wife who loves our Tesla won't agree to ever buy one again. So we're back to VW. Yay...

I wish they would get rid of Musk. It would be nice if Tesla was just a car company.

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Re:Tesla reports 1.1% sales drop for 2024, first annual decl... by solardev on Thursday January 02, 2025 @04:01PM (#42578839)
I feel the same about Starlink, sadly. And unlike Tesla there are no real alternatives.

Man, I wish Musk would just stay out of the limelight and enjoy his private life inventing new industries and taking the occasional Mars vacation or whatever. There was really no need to jump into the deep end the way he did.

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Re:Tesla reports 1.1% sales drop for 2024, first annual decl... by avgDev on Thursday January 02, 2025 @01:01PM (#42576837)
I don't think Tesla can get rid of Musk.

If investors saw Tesla as just a car company the stock would collapse. Musk keeps making promises and breaking them, but it seems to pump the stock thus far.

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Re:Tesla reports 1.1% sales drop for 2024, first annual decl... by JumpCrisscross on Thursday January 02, 2025 @01:03PM (#42576866)
> don't think Tesla can get rid of Musk

They can't and they shouldn't. Tesla has a solid business. It just looks like it may have capped out its growth prospects in the U.S. and Europe. (In vehicles.)

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Re:Tesla reports 1.1% sales drop for 2024, first annual decl... by KerrAvon on Thursday January 02, 2025 @03:56PM (#42578791)
Tesla is certainly a solid memestock. It’s hard to say whether they have a solid business. If they dumped Musk, the stock would crash and they would have to install competent governance instead of continuously gaming the system. But that would be a better outcome for consumers.
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Re:Tesla reports 1.1% sales drop for 2024, first annual decl... by FireBeyond on Friday January 03, 2025 @01:16AM (#42583047)
They have a solid business. It's just not the world-changing fantastic future that Musk talks a big game about. That's fine. But "solid business" is not what has manufactured Tesla's ridiculous market cap.
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Re:Tesla reports 1.1% sales drop for 2024, first annual decl... by davidw on Thursday January 02, 2025 @05:26PM (#42579641)
If Tesla's valuation reflected its value as a regular car company like, say, Toyota, it would be vastly lower. Shareholders would lose oodles of money.
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Re:Tesla reports 1.1% sales drop for 2024, first annual decl... by wqaatwt on Friday January 03, 2025 @02:42AM (#42583486)
And it seems to US/European companies will ever be able to compete in China again. So what’s left?
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Re:Tesla reports 1.1% sales drop for 2024, first annual decl... by paulddraper on Friday January 03, 2025 @12:26AM (#42582774)
> It would be nice if Tesla was just a car company.

What is Tesla?

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Re:Tesla reports 1.1% sales drop for 2024, first annual decl... by LeafItAlone on Friday January 03, 2025 @06:47AM (#42584805)
If it was just a car company, it wouldn’t have the P/E ratio it does. It’s a technology company that makes cars (and self driving systems, AI, and robots).
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