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Re:Tesla Hate Is Making Insurance More Expensive for Owners by TheAlchemist on Tuesday March 18, 2025 @02:49PM (#43403260)
That's the funny thing here.

In case of Musk, if those protests work and as you say 'the jig is up', he can go from the richest man on earth to bankrupt in a space of months.

He is very 'cash poor' and has pledged a lot of Tesla shares as collateral to fund his other businesses.

If Tesla is priced as an automaker (shares would be in the ±10-20$), Musk will be bankrupt.

Re:Tesla Hate Is Making Insurance More Expensive for Owners by jkestner on Tuesday March 18, 2025 @02:59PM (#43403413)
Hence why they've now said they're a robot company. Yet any bullish targets now are more likely to be based on Musk awarding himself large government contracts than technical advancements.
Re:Tesla Hate Is Making Insurance More Expensive for Owners by robertlagrant on Tuesday March 18, 2025 @03:01PM (#43403462)
Didn't he cancel a large Tesla contract from the government?
Re:Tesla Hate Is Making Insurance More Expensive for Owners by dgfitz on Tuesday March 18, 2025 @02:56PM (#43403380)
> Musk will be bankrupt.

Then what? “We win” somehow? Nailed it?

Who cares?

Re:Tesla Hate Is Making Insurance More Expensive for Owners by TheAlchemist on Tuesday March 18, 2025 @03:38PM (#43403994)
Yes we do. A lot of people, for a lot of different reasons.

For me, it will be the end of the biggest con, the stock market has ever seen. And I can't wait to read about the details behind it, once the dust settles.

Re:Tesla Hate Is Making Insurance More Expensive for Owners by dzhiurgis on Wednesday March 19, 2025 @12:58AM (#43408387)
What makes Tesla exactly a con? Their cars are amazing appliances, literally nothing in market like it, for less than a Toyota. FSD is largely delivered. Space internet for everyone (soon potentially also with Freedom™ now that Trump is involved in demonopolising space or whatever it's called) with a phone. Where is the con???
Re:Tesla Hate Is Making Insurance More Expensive for Owners by TheAlchemist on Wednesday March 19, 2025 @03:12AM (#43409021)
A lot of things, I will just cite one - "FSD is largely delivered". Really ? Can you tell us, where Full-Self Driving is really fully self-driving ? Like being able to summon your car from Los Angeles to New York, like Elon claimed one will be able to do in 2017 !

Tesla sold millions of cars that were supposedly going to become Robotaxis with a simple software update, somewhere in 2019. SIX YEARS AGO. Tesla even showed screenshots of a ride-sharing app. SIX YEARS AGO. Now it's obvious to anyone, that those cars will never become Robotaxis, as Tesla pivots to trying to fake a Roboataxi service this year, with remote operators.

But the greatest con of course, was towards investors. Of course nobody is complaining now, since the stock is still a meme stock. Just wait a bit more...

Re:Tesla Hate Is Making Insurance More Expensive for Owners by dzhiurgis on Wednesday March 19, 2025 @04:53AM (#43409593)
You can buy supervised FSD right now. It works extremely well to the point testers are bored out of their minds - their channels became worthless since it barely makes any mistakes.

It's overpriced and not available where I live, but I'd love one. It doesn't do everything under the sun as promised, but I'd rather drive less than more. The basic 10 year old Autopilot is already huge help.

I'd say it's about 80% delivered. Far from a con.

Re:Tesla Hate Is Making Insurance More Expensive for Owners by TheAlchemist on Wednesday March 19, 2025 @07:20AM (#43410543)
Yeah, that's the problem with a real Full Self Driving. It's either 100%, or it's not. 80% doesn't make the cut.

Do you seriously believe the company was valued at >1T$ because investors believed that an "FSD 80% delivered" is enough ?

Tesla and Elon claimed ALMOST 10 YEARS AGO, that the car will drive itself from Los Angeles to New York. Just think how insane this is, even today. And then look up the state of their technology 10 years ago.

Of course self driving will be solved one day. Probably not by Tesla. But it doesn't matter - they were selling this stuff for almost 10 years already, knowing perfectly well it doesn't work. But hey, next version will blow your mind !

Re:Tesla Hate Is Making Insurance More Expensive for Owners by dzhiurgis on Wednesday March 19, 2025 @03:08PM (#43416120)
Every single company claimed something and haven’t delivered. Why single out one that actually delivered most of claims?

I’m tine if you call it “some self driving”, I don’t care. I’m not going to put my car as a taxi, that’s stupid.

Re:Tesla Hate Is Making Insurance More Expensive for Owners by simongray on Wednesday March 19, 2025 @02:43AM (#43408868)
Before the inauguration, Tesla was trading at a P/E 30 times bigger than Toyota. Now it's about half that (110).

Some say Tesla shouldn't be valued as a car stock; it should instead be valued as a Tech stock. Well, Tesla traded at a P/E about 4-5 times that of NVIDIA which itself had a high P/E compared to the other Magnificent 7 which in turn have a high P/E compared to the stock market in general.

What exactly is Tesla so great at that they deserve this enormous valuation? Its P/E has gone down to ~110 now, bit this is still incredibly high compared to e.g. NVIDIA which is trading at a P/E of ~40.

Re:Tesla Hate Is Making Insurance More Expensive for Owners by dzhiurgis on Wednesday March 19, 2025 @09:15PM (#43419018)
That's too generous to Toyota IMO. Their cars are insufferable.
Re:Tesla Hate Is Making Insurance More Expensive for Owners by trilbyglens on Tuesday March 18, 2025 @03:40PM (#43404024)
The so-what is showing future fascist shit bags that there is a real price to pay for acting like a twat.
Re:Tesla Hate Is Making Insurance More Expensive for Owners by peppers-ghost on Tuesday March 18, 2025 @03:24PM (#43403807)
Then we all point and laugh, at least that's what I'll be doing.
Re:Tesla Hate Is Making Insurance More Expensive for Owners by outer_web on Tuesday March 18, 2025 @03:07PM (#43403553)
I mean, yes, it would be neat to have new heads of Tesla, SpaceX, Twitter, and DOGE. Measurably beneficial to many.

At the very least it would be the most entertaining bankruptcy of all time.

Re:Tesla Hate Is Making Insurance More Expensive for Owners by EnergyAmy on Tuesday March 18, 2025 @03:09PM (#43403578)
Yes, that is part of the appropriate outcome for throwing around Nazi salutes. It shouldn't be limited to that, though.
Re:Tesla Hate Is Making Insurance More Expensive for Owners by _bin_ on Tuesday March 18, 2025 @03:48PM (#43404138)
what else do you believe the appropriate outcome includes?
Re:Tesla Hate Is Making Insurance More Expensive for Owners by sundaeofshock on Tuesday March 18, 2025 @04:58PM (#43405026)
Elon Musk’s power is based on his wealth. A bankrupt Elon Musk will no longer be able to influence politics in several nations. He won’t be able to buy the US presidency. He won’t be able to threaten primaries against US representatives. He’d lose Twitter. He’d most likely no longer be running the so-called Doge.

So yes, we would very much win and there are a lot of people who care.