The Downfall of TSLA | Bitcointalksearch.org

MCobian

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Quote from: sapnu on June 04, 2021, 12:51:00 PM

TESLA has been able to make innovation over the past years that exceeded everyone's imagination. Since the revolution of the new technology has begun, they are smart enough to lead and make an advance step forward what we should be expecting in the future. It might take time but soon we will witness that each car in the world is only electric cars which can be environmentally friendly. On the other hand, we cannot be sure that only TESLA would make such things so we should expect other huge auto companies would be making their moves too to follow TESLA's footseps.

For now Tesla may be a popular car company because of its innovation, but there is always competition in any market. So I believe in the future
many other auto companies will make the same steps as Tesla. But I have to admit that for now, Tesla is still in the lead in terms of electric car
technology, so Tesla is still leading in terms of electric cars. I even included a Tesla car in my dream book, because I have always wanted to have
a Tesla car. But because the price is quite expensive, I have to raise money first, but I believe one day I can buy a Tesla car.

Silberman

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Quote from: Sithara007 on June 01, 2021, 11:15:12 PM

Quote from: Silberman on June 01, 2021, 01:38:58 PM

What I find incredible is how those billionaires think they can get away with anything and suffer no repercussions because of it, maybe it is because so far that has been true and they believe this is going to still be the case, however while there are many newbies in this market there is also a great amount of people that are never going to forget what happened and if given the option will always select to not buy any of the products of Elon, which over the long term it will affect his company.

Tesla is such a huge company (with a market cap of close to $1 trillion), and any boycott from out part will have zero impact. And it is not our responsibility to react against such market manipulation. The necessary action needs to be taken by the United States Securities and Exchange Commission (SEC). They need to the connection between his tweets and the exchange rates of both BTC and DOGE. And then they need to find out whether anyone connected to Elon has benefitted as a result of this manipulation.

I agree the SEC should take action since he is engaging in clear market manipulation however I am not so sure this is going to happen as if they did that what kind of effect could this have on the stock market? Can you imagine what will happen if the value of the stock of Tesla went down because he was being investigated? It is more likely that at best he Is given a private warning and things will end with that, which means that our small boycott is all what we have.

sapnu

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TESLA has been able to make innovation over the past years that exceeded everyone's imagination. Since the revolution of the new technology has begun, they are smart enough to lead and make an advance step forward what we should be expecting in the future. It might take time but soon we will witness that each car in the world is only electric cars which can be environmentally friendly. On the other hand, we cannot be sure that only TESLA would make such things so we should expect other huge auto companies would be making their moves too to follow TESLA's footseps.

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Quote from: doomloop on June 02, 2021, 01:52:01 PM

Quote from: Cryptoking1205 on May 19, 2021, 04:29:30 PM

The fact TSLA is valued more then all the auto manufactures combined is absurd. You're naive to think big auto is just going to sit on the sidelines. Big auto has the infrastructure and production lines to mass produce fully electric vehicles for a fraction of the cost of a TSLA, something TSLA will never be able do. Ford is already leading the charge with the F-150 Lightning and converting old factories into fully electric vehicle production plants. TSLA is just as overhyped as Elon Musk.

I do not think that there is this "big auto" that can stop him, or stop tesla because if there was one they would have already done that too long ago. However I think the appeal of Tesla is not about electric anymore, it is about brand, kind of like Steve Jobs made apple into because we all know that you could get a much better computer for the same price but people still do end up with mac, if it is about your work I could understand but people do it for show purposes and for the brand name as well.

Tesla is sort of like that, or becoming one at least, there are better cars out there for electric and much cheaper, there are cars one third of their price and it is still electric and it still goes, is it better? Probably not but hey it does the job and its very cheap, yet for some reason people still go for Tesla, why? Because, it is a symbol, it is basically a life style item if you can afford one.

There's probably a little something to this in that Tesla has established itself as somewhat of an aspirational brand. As hard as I am on Tesla, I have to concede that currently there really isn't anyone making EVs as good and cheap as Tesla. There are better, and there are cheaper, bot not both. The cheaper EVs are rather ugly, and the better ones are rather more expensive due to the scale each are produced at.

doomloop

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Quote from: Cryptoking1205 on May 19, 2021, 04:29:30 PM

The fact TSLA is valued more then all the auto manufactures combined is absurd. You're naive to think big auto is just going to sit on the sidelines. Big auto has the infrastructure and production lines to mass produce fully electric vehicles for a fraction of the cost of a TSLA, something TSLA will never be able do. Ford is already leading the charge with the F-150 Lightning and converting old factories into fully electric vehicle production plants. TSLA is just as overhyped as Elon Musk.

I do not think that there is this "big auto" that can stop him, or stop tesla because if there was one they would have already done that too long ago. However I think the appeal of Tesla is not about electric anymore, it is about brand, kind of like Steve Jobs made apple into because we all know that you could get a much better computer for the same price but people still do end up with mac, if it is about your work I could understand but people do it for show purposes and for the brand name as well.

Tesla is sort of like that, or becoming one at least, there are better cars out there for electric and much cheaper, there are cars one third of their price and it is still electric and it still goes, is it better? Probably not but hey it does the job and its very cheap, yet for some reason people still go for Tesla, why? Because, it is a symbol, it is basically a life style item if you can afford one.

Shenzou

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It is crazy to think that one company such as TESLA is able to push the auto industrie and revolutionize it, because if you think about it the electric cars were there the whole time it was not a new idea, and major car companies did attempt it for years, but the way that tesla was able to push it forward and compete with them with just one product is mind blowing, sure there is a limit to where a certain company could reach but i think that they are yet to reach it especialy with how they are constantly coming up or improving on many technologies.

Anonylz

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Quote from: Cryptoking1205 on May 19, 2021, 04:29:30 PM

The fact TSLA is valued more then all the auto manufactures combined is absurd. You're naive to think big auto is just going to sit on the sidelines. Big auto has the infrastructure and production lines to mass produce fully electric vehicles for a fraction of the cost of a TSLA, something TSLA will never be able do. Ford is already leading the charge with the F-150 Lightning and converting old factories into fully electric vehicle production plants. TSLA is just as overhyped as Elon Musk.

Well until big auto actually step up the game, TSLA will remain at the top however sad, between Musk is too egocentric to really care about what other big auto are cooking, his overhyped company in your word is making him money, enough to cause Chaos in the crypto space, he has the people's attention, just a mare tweet from him causing a lot of havoc, the guy must be having fun at others expense, it sucks in every way Grin

Looking forward to see another big auto company kicking Tesla aside Wink

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Quote from: Silberman on June 01, 2021, 01:38:58 PM

What I find incredible is how those billionaires think they can get away with anything and suffer no repercussions because of it, maybe it is because so far that has been true and they believe this is going to still be the case, however while there are many newbies in this market there is also a great amount of people that are never going to forget what happened and if given the option will always select to not buy any of the products of Elon, which over the long term it will affect his company.

Tesla is such a huge company (with a market cap of close to $1 trillion), and any boycott from out part will have zero impact. And it is not our responsibility to react against such market manipulation. The necessary action needs to be taken by the United States Securities and Exchange Commission (SEC). They need to the connection between his tweets and the exchange rates of both BTC and DOGE. And then they need to find out whether anyone connected to Elon has benefitted as a result of this manipulation.

Silberman

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Quote from: bryant.coleman on May 30, 2021, 09:31:08 AM

Quote from: Silberman on May 26, 2021, 01:43:28 PM

This is the same that I have been thinking, Musk is doing exactly what McAfee was doing and we know that this is not a good path to take and yet he seems confident he can do whatever he wants and there are not going to be any repercussions for his actions, but I think he is feeling for the first time some pushback as he has been trying to backtrack his previous tweets and trying to make it seem as if he is still onboard of bitcoin when I doubt he is holding any bitcoin anymore.

Obviously when he changes his stance every week or so, the pushback will be there. A lot of people invested in Bitcoin, when Musk tweeted positively about it. And they suffered heavy losses when he bad mouthed BTC after a few weeks. Even then, many of his followers joined the Dogecoin pump and pushed that shitcoin to the top-5 list. And now it looks like he has again changed his stance. But this time, there was hardly any impact on the market. The writing on the wall is simple - no one takes Elon seriously now. He is too unstable.

What I find incredible is how those billionaires think they can get away with anything and suffer no repercussions because of it, maybe it is because so far that has been true and they believe this is going to still be the case, however while there are many newbies in this market there is also a great amount of people that are never going to forget what happened and if given the option will always select to not buy any of the products of Elon, which over the long term it will affect his company.

paxmao

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Tesla is difficult to bring down, however its valuation does not make sense. The patents and intellectual property are weak at best and the self-driving know how is not apt for regular use and it will not be such in a long time. Musk is just playing the hype and boost on a regular basis, that is, when he is not too worried saying that crypto is not sustainable while he encourages others to open lithium mines because he is "going to need a lot of it"

wahyu wida

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Quote from: kpierce77 on May 30, 2021, 10:02:15 AM

Quote from: bryant.coleman on May 30, 2021, 09:31:08 AM

Quote from: Silberman on May 26, 2021, 01:43:28 PM

This is the same that I have been thinking, Musk is doing exactly what McAfee was doing and we know that this is not a good path to take and yet he seems confident he can do whatever he wants and there are not going to be any repercussions for his actions, but I think he is feeling for the first time some pushback as he has been trying to backtrack his previous tweets and trying to make it seem as if he is still onboard of bitcoin when I doubt he is holding any bitcoin anymore.

Obviously when he changes his stance every week or so, the pushback will be there. A lot of people invested in Bitcoin, when Musk tweeted positively about it. And they suffered heavy losses when he bad mouthed BTC after a few weeks. Even then, many of his followers joined the Dogecoin pump and pushed that shitcoin to the top-5 list. And now it looks like he has again changed his stance. But this time, there was hardly any impact on the market. The writing on the wall is simple - no one takes Elon seriously now. He is too unstable.

Which has made him not credible. actually Elon does have the capability to be able to make a good investment community if he doesn't do trolling too often or whatever he calls it. but for now, there have been many people who have received considerable losses and many communities have collapsed because of tweets? maybe that's just some of his vices, we don't know. However, whatever Elon will do in the future will be very different from before, because he is now a "less" trustworthy individual, imo.

Regarding Ellon's tweet, I personally don't really know if he doesn't have bitcoin assets anymore, or if it's just a strategy. but it is clear that Ellon seems to have lost his trust in the crypto community, because currently bitcoin has decreased by about 40%, and from that of course many people panic or lose

fullhdpixel

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The biggest downfall of Tesla will be the fact that their CEO is elon musk, a guy that is as weird as it gets and nobody at the top wants him to be the one that gets all this credit. They are giving subsidies to Amazon to have a better space flight option, they are giving ford and others money to build better electric cars.

I mean sure tesla is doing fine, spacex is doing fine, those are toys of a super rich person who worked really hard to get them there, I have to congratulate him on keep working until he made these a huge success, but nobody really likes Elon, which is why I believe he will eventually be gone, will take a bit of a time but it will happen. This is why I think both tesla and spacex could have a big problem one day. I mean think about it, this dude could do something illegal and I wouldn't be shocked about it, would you?

kpierce77

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Quote from: bryant.coleman on May 30, 2021, 09:31:08 AM

Quote from: Silberman on May 26, 2021, 01:43:28 PM

This is the same that I have been thinking, Musk is doing exactly what McAfee was doing and we know that this is not a good path to take and yet he seems confident he can do whatever he wants and there are not going to be any repercussions for his actions, but I think he is feeling for the first time some pushback as he has been trying to backtrack his previous tweets and trying to make it seem as if he is still onboard of bitcoin when I doubt he is holding any bitcoin anymore.

Obviously when he changes his stance every week or so, the pushback will be there. A lot of people invested in Bitcoin, when Musk tweeted positively about it. And they suffered heavy losses when he bad mouthed BTC after a few weeks. Even then, many of his followers joined the Dogecoin pump and pushed that shitcoin to the top-5 list. And now it looks like he has again changed his stance. But this time, there was hardly any impact on the market. The writing on the wall is simple - no one takes Elon seriously now. He is too unstable.

Which has made him not credible. actually Elon does have the capability to be able to make a good investment community if he doesn't do trolling too often or whatever he calls it. but for now, there have been many people who have received considerable losses and many communities have collapsed because of tweets? maybe that's just some of his vices, we don't know. However, whatever Elon will do in the future will be very different from before, because he is now a "less" trustworthy individual, imo.

bryant.coleman

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Quote from: Silberman on May 26, 2021, 01:43:28 PM

This is the same that I have been thinking, Musk is doing exactly what McAfee was doing and we know that this is not a good path to take and yet he seems confident he can do whatever he wants and there are not going to be any repercussions for his actions, but I think he is feeling for the first time some pushback as he has been trying to backtrack his previous tweets and trying to make it seem as if he is still onboard of bitcoin when I doubt he is holding any bitcoin anymore.

Obviously when he changes his stance every week or so, the pushback will be there. A lot of people invested in Bitcoin, when Musk tweeted positively about it. And they suffered heavy losses when he bad mouthed BTC after a few weeks. Even then, many of his followers joined the Dogecoin pump and pushed that shitcoin to the top-5 list. And now it looks like he has again changed his stance. But this time, there was hardly any impact on the market. The writing on the wall is simple - no one takes Elon seriously now. He is too unstable.

Fortify

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Quote from: Cryptoking1205 on May 19, 2021, 04:29:30 PM

The fact TSLA is valued more then all the auto manufactures combined is absurd. You're naive to think big auto is just going to sit on the sidelines. Big auto has the infrastructure and production lines to mass produce fully electric vehicles for a fraction of the cost of a TSLA, something TSLA will never be able do. Ford is already leading the charge with the F-150 Lightning and converting old factories into fully electric vehicle production plants. TSLA is just as overhyped as Elon Musk.

It goes to show how much excess money is floating around at the moment, if enough fools jump on to the bandwagon then the sky is the limit. Except when you hit space and the whole thing comes tumbling back down. There is a saying when it comes to stocks - the market can stay irrational longer than you can stay solvent. That usually applies to short selling, but if you bought into Tesla at the top there is a very good chance it will never reach that high again. Besides the hype, their earnings were heavily propped up by eco-friendly credits sold to other car companies - who have now shifted to electric and will stop buying them in future. Tesla is in an extremely competitive market with players that have redeveloped themselves many times over the decades, they will do so again and reverse the drain the Elon is tapping. GAME and AMC shares show a similar level of hysteria right now, but anyone who has been in the investment game long enough knows that the share price is ultimately connected with earnings and will correct to a much lower "normal" long term average. Maybe not next week, maybe not next month, but it always happens.

Vishnu.Reang

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Quote from: jaysabi on May 29, 2021, 08:27:06 PM

One thing that remains constant is Tesla over promises though. It doesn't mean much what they say anymore when they repeatedly don't live up to their own hype. They've only just started reaching production goals they set, the self-driving tech isn't as good as they want you to believe, the cars aren't as safe as they claim, the tech inside the car doesn't last the life of the car, the batteries aren't as good as promised yet... there's just a lot of broken promises, so you need to take whatever they're promising now with a heap of salt.

On this I would agree with you. My primary concern related to Tesla is with their battery technology. From what I heard, the batteries need to be replaced after 8 years, or 100,000 miles. So if you are planning to keep your car for 20 years or more, then you need to dish out cash from your pocket at least two times during this period, to replace the batteries. And it costs around $15,000 to replace the battery pack, which can be quite a fortune to many people. And unfortunately, Tesla hasn't made much progress on the battery sector for the last decade or so.

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Quote from: uneng on May 29, 2021, 04:08:49 PM

Tesla has a very good marketing and makes investors' eyes shine with all the promises being constantly made, always focused in the future and new technologies they claim to be superior to their competitors. For Tesla everything is valid to impress the public. They are good on what they do, even if it's just illusionism and propaganda it works.
I think to say Tesla is overpriced is a waste of time, because if the market gives it that value, it's because investors see potential on it. Potential that they aren't seeing on another companies of the same niche. So another cars manufacturers have to expand their horizons and promote features that will migrate Tesla's investors to themselves. The weak point of Tesla are the prices, so to explore this aspect is already a good beginning for competitors...

One thing that remains constant is Tesla over promises though. It doesn't mean much what they say anymore when they repeatedly don't live up to their own hype. They've only just started reaching production goals they set, the self-driving tech isn't as good as they want you to believe, the cars aren't as safe as they claim, the tech inside the car doesn't last the life of the car, the batteries aren't as good as promised yet... there's just a lot of broken promises, so you need to take whatever they're promising now with a heap of salt.

uneng

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Tesla has a very good marketing and makes investors' eyes shine with all the promises being constantly made, always focused in the future and new technologies they claim to be superior to their competitors. For Tesla everything is valid to impress the public. They are good on what they do, even if it's just illusionism and propaganda it works.
I think to say Tesla is overpriced is a waste of time, because if the market gives it that value, it's because investors see potential on it. Potential that they aren't seeing on another companies of the same niche. So another cars manufacturers have to expand their horizons and promote features that will migrate Tesla's investors to themselves. The weak point of Tesla are the prices, so to explore this aspect is already a good beginning for competitors...

jaysabi

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Quote from: avikz on May 27, 2021, 08:55:10 AM

Quote from: Cryptoking1205 on May 19, 2021, 04:29:30 PM

The fact TSLA is valued more then all the auto manufactures combined is absurd. You're naive to think big auto is just going to sit on the sidelines. Big auto has the infrastructure and production lines to mass produce fully electric vehicles for a fraction of the cost of a TSLA, something TSLA will never be able do. Ford is already leading the charge with the F-150 Lightning and converting old factories into fully electric vehicle production plants. TSLA is just as overhyped as Elon Musk.

Tesla has immense future potential. With fossil fuel reserves are depleting fast and the price is becoming unreasonably high for the car owners, Electric cars are the answer to all these problems. Tesla has not yet started marketing or selling their cars to every country in the world. But a time will come when Tesla will try to penetrate the majority of the countries with their electric cars.

I believe that Tesla stock is still undervalued considering the future potential it has. This downfall is temporary just like bitcoin.

I believe it has immense future potential as well, but not to the point of the market cap it's currently commanding. It's priced as if it's going to be the only electric vehicle manufacturer and maintain the margins it has now while doing so. These are both false. It was first mover advantage and that's it. The other car companies will produce far more cars than Tesla will and the competition will hammer Tesla's margins as they have to compete, rendering both premises false. The clearer this becomes in the future, the further the Tesla market cap will fall, and if they have to continue to issue shares to fund expansion, that means an even lower share price as outstanding shares make up a larger portion of the market cap side of the equation.

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Quote from: Mahanton on May 26, 2021, 06:52:46 PM

Quote from: Silberman on May 26, 2021, 01:43:28 PM

Quote from: bryant.coleman on May 24, 2021, 09:17:12 AM

Quote from: Bitstar_coin on May 24, 2021, 06:44:02 AM

People use to believe in previous Elon and not this meme promoter kind of Musk, he has deposit all his brilliant ideas on promoting shitcoins rather than focusing more own his on invention, he his confident because he feels there no more genius on the planet earth that's the reason why he is so confident, perhaps before anyone can match up with him may take some time, but that's not a reason to mess with people's feelings.

He is the world's second richest person and obviously he has a lot of followers. McAfee had a fraction of the followers Musk had and we all saw how he made hundreds of millions of $$$ by manipulating the cryptocurrency market. Now Musk is slowly following the example set by McAfee, by trying to manipulate the market using his social media influence. If he doesn't back off, then he will face the same fate as that of McAfee. And if that happens, then I will be really sad. Because Musk is a very talented person, and he can use that talent for the well being of humanity.

This is the same that I have been thinking, Musk is doing exactly what McAfee was doing and we know that this is not a good path to take and yet he seems confident he can do whatever he wants and there are not going to be any repercussions for his actions, but I think he is feeling for the first time some pushback as he has been trying to backtrack his previous tweets and trying to make it seem as if he is still onboard of bitcoin when I doubt he is holding any bitcoin anymore.

No one knows if he do still holds or he already sell them off and one of the reasons on why we are really going low but i do agree on the words that he is trying out to get back on what the community
been treating before he had made out those bullshit tweets against Bitcoin or the entire crypto and trying to get it back in the form of trust and making his image to be fine again?
Once the public or the community had seen the true colors then its hard to take it back and this wont only affect his reputation but also into other
things that correlates or connected to him.

I do not think he has actually seen the full consequences of his actions, he is one of the richest persons alive but satoshi is also one of them, how long is it going to take for many other long term holders to become way richer than him as well? He is alienating people that could have been part of his customer base to the point they may reject his products and instead buy the ones that come from the competition, and as such in terms of marketing all of this episode has been a disaster for him.

Topic: The Downfall of TSLA (Read 588 times)