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sherkahn
Diamond Bar, SGV, LA, CA
Pomona, Inland Empire, CA Today!
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since Apr 27 2008

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Today in stocks: Tesla
Jan 26 2024 09:46AM more by sherkahn
Tags: Random

The downward dog plunge begins, as 4th quarter call shows that the company is loosing money, market share and foreign car makers are gaining traction in the market for electric cars.

Might be a good time to buy for the rebound, but we don’t know how far down the rabbit hole this goes. Looks like it is rebounding at the time that I wrote this.

Expect Musk to say something stupid later on today.
Attached Links
Loss of 8billion in valuation
      
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remo_williams
Irvine, OC, CA
16 blogs/1133 comments
since Feb 14 2006

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Jan 26 2024 01:06PM     link to this

I've got some 1stock in Fisker and Lucid i could sell you.
Turns out Electric cars don't work so well in the cold
Who knew?
GoBallsDeep
Fullerton, OC, CA
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since Dec 12 2019

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Jan 26 2024 04:10PM     link to this

Makes his real money selling phony Climate Credits, the cars are an afterthought
The whole EV thing is complete bullshit and now the shit is hitting the EV fan lol

The one thing Musk is smart about is that Tesla hardly leases out any of their cars
He's smart enough to know that the ones on the road now will have 10% residual value, if that.
Basically, expensive paper weights

The buyers/owners of Teslas and other high-end EV's are gonna get crushed
And, they deserve it.........dumb fucks

NickSgv
OC, CA
56 blogs/1773 comments
since May 6 2019

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Jan 26 2024 04:16PM     link to this

Just wait until the Chinese (BYD overtook Tesla to become the world’s biggest electric car company in the final quarter of 2023) decide to enter the US market. A third wave after the Japanese (Toyota now #1), and then the Koreans. At some stage it's inevitable IMHO.
RicoSuave21
LA, CA
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since Jun 26 2022

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Jan 26 2024 05:34PM     link to this

OP, as a Progressive, shouldn't you be ROOTING for an American EV company to be successful?

Oh, but Musk won't bend the knee to the Left, so I guess it depends.
sherkahn
Diamond Bar, SGV, LA, CA
Pomona, Inland Empire, CA Today!
1113 blogs/5529 comments
since Apr 27 2008

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Jan 26 2024 07:00PM     link to this

Sorry, Rico, but Musk has been handling things poorly, and a cutting of the fat is called for.
GoBallsDeep
Fullerton, OC, CA
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Jan 27 2024 12:21AM     link to this

BYD backed by Buffett for 20 years now

End of the day, much of the low hanging EV fruit has been picked, early adopter sheep are ready to be sheared.

Most do not and will not trust EV's.
Hybrids are a much better solution and more acceptable by Americans.

AAA tow guy tells me he picks up out of juice EV's all day every day
Pretty funny shit when half the chargers are broken and your expensive golf cart dies

There are 6 comments on this blog.