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Tesla Makes Deal With China For FSD

charliemagpie

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Another positive for Tesla, and share price market boost, it's a biggie, but if the past is anything to go on, short-lived.

But maybe the past is over, lol. It could stick and rise steadily.

Good things are ahead within the market's reach. I expect the Q2 results to please, but adding to this week's boost, the August 8th Robotaxi presentation will be the true catalyst.
 

HaulingAss

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The real story is Musk being back at Tesla full speed. He wants his back pay voted affirmatively and even more to crush the shorts and FSD naysayers. We all win.
Musk never left "full speed ahead" mode. He gets bored if he can't run multiple companies at once and that will never change. It's only the media narrative, unsupported by facts, that Elon wasn't constantly guiding Tesla, that he was absent. Their narrative will always be more negative than actual reality.

The stock price dropped because the auto market went soft with rising interest rates. The media narrative that Musk was absent probably didn't help. Tesla stock price has more volatility than stocks with slower growth rates and lower P/E ratios. With FSD version 12 proving to be a gamechanger, and with the perceived bottom of the auto market in sight or behind us, the stock is naturally picking up. But the intrinsic value of a share of Tesla has not really changed, it is getting more valuable every passing year. The fact that the market values it in a spastic manner is not the fault of the company, but that of the market.

Trying to call the timing of these swings is a fool's errand, which is why when we were at $150/share I was recommending that people who wanted to invest in TSLA avoid trying to time the bottom by waiting, it's better to just buy in when the getting is good, even if you pay a few more bucks per share if it keeps going down. The rise back up will come in fits and spurts, with plenty of reversals that cannot be accurately predicted in advance either. It could continue to rise to well over $200 from here, or it could drop back to $170 before rising to $270 and beyond. That's why I say it's a fool's errand to try to time the markets.
 
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BannedByTMC

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Musk never left "full speed ahead" mode. He gets bored if he can't run multiple companies at once and that will never change. It's only the media narrative, unsupported by facts, that Elon wasn't constantly guiding Tesla, that he was absent. Their narrative will always be more negative than actual reality.

The stock price dropped because the auto market went soft with rising interest rates. The media narrative that Musk was absent probably didn't help.
The fact that the CEO sold a huge number of shares to buy another company didn't help.
The fact that he drained a large amount of value out of that company and drove advertisers away didn't help.
The fact that he told advertisers to F themselves didn't help.
The fact that he obviously was distracted by the Twitter mess and could not have possibly been as involved with Tesla as he previously was didn't help.

It's also obvious that Elon now seems to be once again more focused on Tesla, at least temporarily, has helped with some of the stock price recovery. The "media narrative" reflected an unfortunate reality that we all could see.
 

charliemagpie

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All correct. One plays on the mood of short-term price, and the other long-term prospects.

But is it accurate to say, for example, 'he took his hands off the wheel ?'

Not many CEO's, nor boards, who are after all representing shareholders, able to turn on a dime.

Tesla had plans for factories all over the world, and yet, brakes were applied, and the money went on AI and a robot. To the angst of many whose short-term interests were not served, this pivot was managed by Elon Musk.
All whilst seemingly ignoring Tesla and concentrating on his own company.

Yes, I reckon he has 'returned', but his actions are not reactive, but planned, on a timeline. Guy is a Genius, and we always never really understand how to factor that in.
 

HaulingAss

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The fact that the CEO sold a huge number of shares to buy another company didn't help.
The fact that he drained a large amount of value out of that company and drove advertisers away didn't help.
The fact that he told advertisers to F themselves didn't help.
The fact that he obviously was distracted by the Twitter mess and could not have possibly been as involved with Tesla as he previously was didn't help.

It's also obvious that Elon now seems to be once again more focused on Tesla, at least temporarily, has helped with some of the stock price recovery. The "media narrative" reflected an unfortunate reality that we all could see.
You list four things you claim impacted Tesla's business. All of them happened before Tesla became the company with the best-selling car in the world in 2023. And, oddly, it was not a gas car, for the first time ever, it was an electric car, a kind of car the media has been trying to convince us is too expensive to ever sell at high volume.

If what you say is so significant, that would not have been possible. The best-selling car in the world last year would not have been a Tesla. But I can see you have been blinded by the false narratives spread by the mainstream media and their disgraceful minions trying to slow down the very transition humans need to flourish, that we need to prevent humans from poisoning our planet that provides all we depend upon to live.

Never have the actual sales results diverged so dramatically from the mainstream media narrative. They didn't even celebrate the fact that, for the first time in decades, the best-selling car in the world was produced and sold by an American automaker. Yes, the one run by Elon Musk, the same guy that they are trying to convince us is driving away customers in droves and makes cars only rish people can afford.

No wonder they didn't celebrate bringing the worlds best-selling car crown back to the U.S. It would have made their lies even more obvious.
 

Stinky10r

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You list four things you claim impacted Tesla's business. All of them happened before Tesla became the company with the best-selling car in the world in 2023. And, oddly, it was not a gas car, for the first time ever, it was an electric car, a kind of car the media has been trying to convince us is too expensive to ever sell at high volume.

If what you say is so significant, that would not have been possible. The best-selling car in the world last year would not have been a Tesla. But I can see you have been blinded by the false narratives spread by the mainstream media and their disgraceful minions trying to slow down the very transition humans need to flourish, that we need to prevent humans from poisoning our planet that provides all we depend upon to live.

Never have the actual sales results diverged so dramatically from the mainstream media narrative. They didn't even celebrate the fact that, for the first time in decades, the best-selling car in the world was produced and sold by an American automaker. Yes, the one run by Elon Musk, the same guy that they are trying to convince us is driving away customers in droves and makes cars only rish people can afford.

No wonder they didn't celebrate bringing the worlds best-selling car crown back to the U.S. It would have made their lies even more obvious.
I have read enough of your posts. There's a reason some members here have you blocked.

If the Y or 3 is truly the best selling car in the world, why combine their sales numbers?

Tesla only became profitable in 2022 during a rare moment in time. Not withstanding, a portion of their "gains" were due to credits which Tesla themselves profited from.

Those "rish" people you mention are the ones capable of capitalizing on the $7500 rebate whether that be low income or high income people. A Model 3 in Seattle isn't the same value as a Model 3 in Florida.

The best selling vehicle to this date is still the F150, and I hate Ford and have never owned one!
 

HaulingAss

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I have read enough of your posts. There's a reason some members here have you blocked.
Some people can't handle reality or logic.

If the Y or 3 is truly the best selling car in the world, why combine their sales numbers?
Tesla has always combined S&X and 3&Y sales, to meet disclosure requirements of Public companies, long before the Model Y became the best-selling car in the world. Combining the two models had zero to do with what you are attempting to imply. Auto industry data and analytics firms have confirmed that Model Y was the best-selling globally last year. Why do you think it was not?

BTW, Ford doesn't break down F-Series sales either, when they publish their quarterly sales reports. That category includes the F-150, F-250, F-350, F-450 and F-550 trucks and vans.

Tesla only became profitable in 2022 during a rare moment in time. Not withstanding, a portion of their "gains" were due to credits which Tesla themselves profited from.
Sigh...it looks like we have a TSLAQ in the crowd. Were you more surprised that Tesla didn't suffer the bankruptcy that was certain, or that they now hold the title of manufacturing the best-selling car in the world? Tesla has been solidly profitable every year since 2020, FYI. Tesla puts more experienced legacy automakers to shame, when it comes to profits and margins. It's because they are very efficient at manufacturing high-quality cars that have much lower than average warranty expenses per car. Pollution credits are a very small part of their profits. The fact that you don't know this by now is essentially proof that you don't want to know. Some people will only believe what they want to believe.

Those "rish" people you mention are the ones capable of capitalizing on the $7500 rebate whether that be low income or high income people. A Model 3 in Seattle isn't the same value as a Model 3 in Florida.
The Model Y is the best-selling car globally, cherry-picking credits from a city or single U.S. state can't get you to where you want to go. Just admit it, there is only one company that can hold the title of Best Selling Car in the World and it's currently Tesla.

The best selling vehicle to this date is still the F150, and I hate Ford and have never owned one!
I own a F-150 purchased new and, believe me, you don't want to own one. The Cybertruck puts it to shame. The F-150 has been selling for nearly half a century, and it sells poorly outside of North America. It has never been a global best-seller like the Model Y.

More importantly, Ford combines very different models to claim the F-series sales record every year. If you knew much about trucks, you know that an F-550 is a very different vehicle than an F-150, the two are not even close to being the same model. Yet Ford groups them all together when they claim "F-Series" sales records. It would make more sense for Tesla to group S,X, Y and 3 into the same series, but they don't play silly games like that. They just make vehicles that offer great value for the money. And new car buyers do the rest. That's because most new car buyers want maximum value for the new car dollars.
 

Crissa

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The best selling vehicle to this date is still the F150, and I hate Ford and have never owned one!
More importantly, Ford combines very different models to claim the F-series sales record every year.
...It's basically the equivalent of lumping Rivian's sales to Amaon in with their R1T sales. Ford, at least to their credit, only lumps their bare-back cabs with the F-series, but you end up with the F-series of Theseus by the time you get from F-150 to F-750. They don't share anything at that point except maybe the steering wheel.

-Crissa
 
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BannedByTMC

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If what you say is so significant, that would not have been possible.
This is obviously false. The fact that the company was able to produce and sell a vehicle even with an at best distracted CEO and at worst a CEO actively damaging the company does not negate the very real negative impact of Elon's actions which are clear to all but a few extremists who constantly deny reality. Luckily the product was good enough to sell in spite of the CEO. Plus as I've repeatedly pointed out sales may have been even better with a more focused and less unhinged CEO at the helm, you know like the one we used to have. Remember him? I do.
 
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BannedByTMC

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Yes, I reckon he has 'returned', but his actions are not reactive, but planned, on a timeline. Guy is a Genius, and we always never really understand how to factor that in.
Everyone has weaknesses, yes even Elon. He completely screwed up by buying Twitter as even he realized. Remember when he tried to back out of buying it? He's also made bad decisions at Tesla over the years but luckily for the most part the good decisions outweighed those, at least until recent years.
 

Kahpernicus

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Tesla is probably running out of fresh data for their supervised driving.

Chances are they grit their teeth through this partnership in order to get differently weighted data.
 

HaulingAss

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This is obviously false. The fact that the company was able to produce and sell a vehicle even with an at best distracted CEO and at worst a CEO actively damaging the company does not negate the very real negative impact of Elon's actions which are clear to all but a few extremists who constantly deny reality. Luckily the product was good enough to sell in spite of the CEO. Plus as I've repeatedly pointed out sales may have been even better with a more focused and less unhinged CEO at the helm, you know like the one we used to have. Remember him? I do.
No, you are talking nonsense when you claim Elon is "unhinged" or not focused.

Can you give me three examples that prove Elon is "unhinged". I don't even know what your concern is.
 

HaulingAss

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Everyone has weaknesses, yes even Elon. He completely screwed up by buying Twitter as even he realized. Remember when he tried to back out of buying it? He's also made bad decisions at Tesla over the years but luckily for the most part the good decisions outweighed those, at least until recent years.
Elon realized he overpaid when he bought Twitter, due to the timing, not that he shouldn't have bought it at all. He still believes it's important for the future of democracy to have a platform that isn't heavily censored by the government (and that is exactly what was happening before he bought it).

This benefits everyone going forward.
 
 
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