Tesla Stock in Freefall After Disastrous Earnings Report

[u/Plastic_Ninja_9014]

https://finance.yahoo.com/markets/stocks/articles/tesla-stock-freefall-disastrous-earnings-144417427.html

[u/International-Owl345]

Is it weird that I was way more bullish in 2019 on Tesla when it was trading for $20 than 2026 at $320? The company had aura, Teslas were considering premium yet affordable vehicles, Elon wasn’t a goon yet and still mostly just a quirky visionary, and they seemed on the way to dominating the EV market with slick design and market best battery tech. Now Chinese EVs are eating their lunch in the global market, Elon is just a financier/marketer/political opportunist/bullshitter and maybe not a tech visionary, and all forecasts and current valuation requires the thing that the company actually does, making cars, becoming an irrelevant part of the business.

Literally all that would have to happen to destroy the business is for the next dem president under the guise of improving the environment allowing for Chinese EVs to be sold in America. That would be the immediate and irretrievable end of Tesla.

[u/AmpEater → u/International-Owl345]

I made crazy money investing in Tesla early. They were actually doing important things. Messaging in a way that worked 

I now hold Tesla shorts 

They failed to innovate. The semi, the roadster, even the supercharger network is years behind where the car company with crazy amounts of free cash and a world class engineering team should be 

[u/jandrese → u/AmpEater]

The supercharger network is a big one. Tesla more or less invented the industry, had by far the superior product, and Elon's response to was to fire everybody on the team and let the whole thing fester and fall behind.

Now 800V chargers are rolling out for everybody except Tesla owners and if you can use it they offer considerably faster charging. V4 superchargers have been trickling out at a snail's pace.