> Most of your other "big" car companies are also experiencing down-trending sales.

But they're priced at P/E of 7, while TSLA is P/E of 170.

Negative growth at 170 P/E is... Much, much worse than negative growth at P/E of 7.

Honda Q2 sales are up year over year, and not just slightly. Figures came out today: https://hondanews.com/en-US/honda-corporate/releases/release...

Well to be fair the new civic hybrid is a really fantastic car at a great price and exactly what most car buyers need. And additionally their model Y competitor the Passport is very nice and well priced.

I’d consider Honda a bit of an outlier considering the quality of their offering this year.

If you're at a 180+ P/E and you're not growing, you're in big trouble.

> only a minority of people wear their politics around as some sort of identity

I think you accidentally hit the nail on the head here. Yes, only a minority of people do that, and Musk is one of them! Which is a problem when your job is selling cars to people.

Is Tesla's stock priced like other "big" car companies experiencing down-trending sales?

> only a minority of people wear their politics around as some sort of identity

A minority perhaps, but not an economically insignificant one. The sales of MAGA hats show that a significant number of people literally wear their politics as a form of identity.

It is and isn't. Tesla's downward spiral gets more media traction than other companies but that doesn't change the fact it is in a downward spiral. I may be one of the few people that read Tesla's recent financials and they are completely propped up by two things: Tesla holds a lot of Bitcoin which increased in value and other companies buy carbon credits from Tesla which is a large source of revenue for them. If either of these two things were to change, Tesla would be in a very bad situation. Rumor is that Trump is trying to kill the entire carbon credit thing. This would be a disaster for Tesla.

My thoughts exactly. I don’t care for the CEO’s politics but I don’t tie my morals of owning a vehicle to it. That’s just silly. Imagine if we did that with all other companies. Stocks rise and fall. Hell, Tesla’s has a ton. Ignore the noise.