Many of the comments here resemble Reddit, disappointingly. I read HN due to market insights, analysis, interesting perspectives. I am sorry for digression.
There is a lot of anti-American sentiment on HN and Reddit. You may think it a bit ironic, but maybe the "YCombinator" part takes a back seat to "Hacker News".
What kind of analysis are you expecting? Someone explaining why Tesla’s stock price is justified despite the falling car sales? It can’t be explained because it’s a meme stock.
You are more than welcome to make your case in his favor, if you can. Maybe this is just this is just the sentiment of users on hackernews, why is that so hard to accept?
What market insight explains TSLA other than the same thing you'd hear on Reddit: that TSLA investors are a glassy-eyed, slack-jawed cult?
Are there any other explanations that can be steelmanned, just for the sake of an even-handed discussion? "We're going to build humanoid robots" just doesn't seem like enough. Neither does "We're going to build robotaxis", considering that other companies like Waymo are already well ahead of Tesla in that sector.
They have a current production capacity in the high hundreds of thousands, a software solution that has a reasonable chance of competing in the self driving market, and a worldwide distribution platform.
So the optimistic valuation is based on: Global ride share killer + Large car manufacturer + power infrastructure + Robotics.
Somehow the valuation is as though TSLA will succeeded early enough to entrench itself; if robotaxi wide rollout happens in the next six months, i would be happy to say TSLA is worth more than its current valuation. If it cant then at best 30% of current valuation.
I'll burn what little karma I have and say that for market insights and interesting perspectives, x.com is the best place (manual curation required). Beyond that you should be watching earnings calls each quarter for a range of companies in the market. Most of what is written here, in the press and on reddit is complete nonsense.
pedroma|12 days ago
testdelacc1|12 days ago
upmind|12 days ago
dudefeliciano|12 days ago
CamperBob2|12 days ago
Are there any other explanations that can be steelmanned, just for the sake of an even-handed discussion? "We're going to build humanoid robots" just doesn't seem like enough. Neither does "We're going to build robotaxis", considering that other companies like Waymo are already well ahead of Tesla in that sector.
SloppyDrive|12 days ago
So the optimistic valuation is based on: Global ride share killer + Large car manufacturer + power infrastructure + Robotics.
Somehow the valuation is as though TSLA will succeeded early enough to entrench itself; if robotaxi wide rollout happens in the next six months, i would be happy to say TSLA is worth more than its current valuation. If it cant then at best 30% of current valuation.
srid|11 days ago
rabf|12 days ago