WingNews

nabla9|5 months ago

Less than 10% of Tesla's value is in existing business. Tesla's revenue hasn't grown in three years

  1. Car company (true)
  2. energy company (eh)
  3. robotaxi (next year since 2018) 
  4. robots ...

Google, Amazon Robotics/Kiva, Hyundai/Boston Dynamics, even Nvidia are ahead of Tesla in AI+robotics.

adrr|5 months ago

Tesla’s product is the stock.

gonzobonzo|5 months ago

> Google, Amazon Robotics/Kiva, Hyundai/Boston Dynamics, even Nvidia are ahead of Tesla in AI+robotics.

Optimus seems to be much closer to actually being released as a product than Atlas. After over a decade, Boston Dynamics still hasn't shown anyone a live, unscripted demo of Atlas as far as I can tell (Tesla was showing those with multiple Optimus robots a year ago). And they don't appear to have any plans for actually selling it as a product anytime soon.

I'm skeptical of the humanoid robot market in general, but at the moment Tesla and Unitree appear to be the two companies ate the forefront of it.

asdff|5 months ago

PE of 200 and the 6 month chart looks like a cardiogram. It is a very profitable plaything for the pump and dumpers. Elon included.

FinnKuhn|5 months ago

The Tesla stock evaluation has little to do with what Tesla is delivering today and a lot more with what investors imagine they will be able to do in the future.

Based on their history I'm pretty optimistic that those expectations will not be met, but Tesla somehow still rises in value.

Hnrobert42|5 months ago

Every time I think about shorting Tesla stock, I remember the adage:

The market can remain irrational much longer than you can remain solvent.

nutjob2|5 months ago

It's the original meme stock.

utyop22|5 months ago

Because Elon pulls off certain manoeuvres that feeds right into his "just trust me bro" supporters.

assimpleaspossi|5 months ago

Yes. A lot of people, and obviously some "news" reporters, need to learn the difference between market share and stock price. And that as a market grows one company cannot maintain the same market share as competitors join in over time.

mandevil|5 months ago

"Tesla is on track toward a second year of sales decline." - from the article

Consecutive years of sales declines is a situation where it does not matter if the market is growing or shrinking, it's bad for a company. The only way to grow if absolute sales go down is to raise margins on each individual unit.

"But with weakening sales and a host of competitors, Tesla has had to cut prices in recent years, squeezing its margins and worrying investors."

Hmmmm, I guess maybe the author of the article understands this better than you think?

AsmaraHolding|5 months ago

> as a market grows one company cannot maintain the same market share as competitors join in over time.

Why not? Look at Apple's smartphone market share in the US. It's been fairly constant at 60% for the last 15 years.

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