[inkysigma]

It's weird to me that when people talk about Tesla, the business, is doing poorly, the retort is citing the stock price as if that's somehow what the person is talking about and not going to be seen as disconnected from fundamentals by the person you're talking to. So many things were being used to justify the stock price have simply not materialized. For example, the idea that Dojo would be a lasting moat does not appear to be materially true.

As a business, they've seen declining yearly revenues (2025 is expected to be lower overall) and declining sales on a YoY basis in a sector that has seen tremendous growth. The article we're on literally is how Tesla squandered their lead over BYD.

Autopilot and FSD are neat (for some definition of neat) but have clear competitors with Waymo being far ahead in deployment. BYD has their own developing system that's not as good but it's not clear to be that FSD will be some kind of enduring advantage either given that parallel systems are also being developed.

[lawn]

> It's weird to me that when people talk about Tesla, the business, is doing poorly, the retort is citing the stock price as if that's somehow what the person is talking about and not going to be seen as disconnected from fundamentals by the person you're talking to.

Incidentally the same way people defend Bitcoin.

[stogot]

IBM stock price IS INCREDIBLE TOO until you realize it is financial engineering

[dzhiurgis]

If smartest analysts of wall street are leaving money on the table, go ahead, take it.