Why is Tesla stocks not collapsing? : stocks
https://old.reddit.com/r/stocks/comments/1imaowd/why_is_tesla_stocks_not_collapsing_genuine/
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redditors are the dumbest fricking people i swear to god
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That's cause the other half already bought them. Liberals spent the past decade sucking off Tesla even after Elon's chud arc started.
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I thought tesla's valuation in 2019 was insane but yeah actually it was dead on
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Tesla has been overpriced for ages and has really never made sense but anyone serious about stocks knows this and knows better than to expect a crash of it by now
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The cars are overvalued but the stock is betting on its self driving ai and future uber cybercab bullshit to drive future profits. A big bet is on whether the new bus and taxis hes making can FSD and become widespread.
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They have the worst self driving tech right now until Elon stops being stubborn and adds LIDAR
They do have the most data though which is probably more valuable than the system itself
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Uber was waiting for that for like 10+ years
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I remember christmas 2020
, I had been making amazing burrito money off flipping a handful of tsla shares for the past year, but once December 25 hit and I was literally right over 100% up from my last trade, I cashed out everything happily without looking back.
BUT THEN ANOTHER STOCK SPLIT HAPPENED
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Darn, I need to study on my esl racism to clock the chinese too
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Nice digits
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Epic get
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I don't get what
@DuckQuack is referring to 
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I have been hearing for the last 5 years, probably more, that Tesla is overpriced and will correct/crash at any moment.
Musk is a gigantic cute twink but I'm beginning to believe that Tesla isn't going to crash.
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Probably be hyped by their AI datacenter
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Tesla Web Services when
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Tesla is worth more than every other car company combined
Tesla is worth more than every other car company combined
Why not
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This is your brain on reddit.
The average person didn't even heard about the saltue controversey, and over half who did just kept scrolling down their news homepage
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But in San Francisco someone painted on one
Meanwhile all the asians around SF will keep buying them
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The average person has heard he's incompetently fricking around with the government. Though the government is perceived as so incompetent that I doubt the average person is really outraged the way The Atlantic contributors are
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Is Tesla
still overvalued? I do see them every now and again but I am a flyover cel
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As a car company? Yes.
Tesla is working on some interesting technologies like new batteries and AGI though, so its valuation is probably more speculation on those being profitable.
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Have you checked out traditional manufacturer EVs?
Its not that Teslas are good or bad, its that other EVs are G A R B A G E. Ford had a bug where you couldnt turn off the rear view camera. Rivian had an update that bricked your car.
Its insane how bad other EVs are, and on top of that last I heard the ford lightning is still selling at a loss.
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Tesla's price is way more a function of Elon Musk's popularity and future potential than it is it as a company. I don't get how people don't understand this yet. It's why it dipped on his pay package getting denied and why institutional shareholders voted for the pay package, since if he ragequits it's over. It's similar to how DJT trades as a barometer of Trump's potential.
If Musk dies tomorrow, Tesla trades way more like a normal car company.
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Snapshots:
https://old.reddit.com/r/stocks/comments/1imaowd/why_is_tesla_stocks_not_collapsing_genuine/:
undelete.pullpush.io
ghostarchive.org
archive.org
archive.ph (click to archive)
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Weve been over this like a hundred times with these tards lol, if an Elon company isnt publicly traded, its valuation gets de facto considered as part of TSLA. Youre getting all the non-IPOd companies and any future Elon ideas too
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