Submitted by prehistoric_knight t3_zru4w1 in technology
Comments
TheJadedSF t1_j14s7ro wrote
It's too bad there still isn't a real great competitor to Tesla to scoop up buyers. A lot of people want EVs but they're still the best deal in town when you actually look at it. Every other EV is either too expensive, worse range/specs, massive recalls, or not available for years. It's almost like there's a premium just for it not being a Tesla that you pay with other EV brands.
edit: lol love all the angry 'he's right downvotes'
ktownmenace t1_j153sfw wrote
no one buys tesla twice
Intrepid-Dig-1855 t1_j15i6gw wrote
Tesla build quality is awful, customer service is awful. Sure the specs are nice, but there are comparable models for the price range. People aren't downvoting because they are angry you are right, they just think you're wrong?
TheJadedSF t1_j15jkx1 wrote
Name some some comparable models?
CuppaTeaThreesome t1_j15luf3 wrote
Tank / Return to normal reasonable levels?
Intrepid-Dig-1855 t1_j15m1u2 wrote
Both Ford and Volkswagen IMO
ktownmenace t1_j15nytm wrote
have you been inside one? its a glorified golf cart with an ipad pro
TheJadedSF t1_j15ofk1 wrote
Those are makes not models.
Main_Ad_6147 t1_j15ouzb wrote
I know quite a few ID4 owners and all are happy. I went with Polestar and have loved it and the anticipation for Hyundai's ioniq 6 is very high. Tesla is not the only game in town
bigkoi t1_j15srs4 wrote
Musk has the Delorean touch!
TheJadedSF t1_j15t1h0 wrote
ID4 availability is scarce. It has worse range and the base model is significantly cheaper/less premium than a Model 3 for around the same cost. More comparable to something like a Chevy Bolt.
Polestar isn't bad but worse range and software.
Wouldn't touch Hyundai or Kia, they are cheap junk and years behind.
TheJadedSF t1_j15thd2 wrote
Have you? I've been inside one every day for the past 3.5 years. I've owned many vehicles and it's been the most comfortable and reliable. Yeah there are some minor imperfections, like on any vehicle, many which have been sorted in newer year models. What makes a car not a golf cart to you? There's a reason they sell like hot cakes, can't be that ignorant.
FineAunts t1_j15vh29 wrote
You own one so there's a higher potential for confirmation bias. I'm biased as well after sitting in my coworker's brand new Model Y, it felt cheap for the price. I'm much more interested in the competition at this point.
TheJadedSF t1_j15vnij wrote
And you don't own one, so there's that bias too. I've owned probably upwards of 8-10 vehicles before my M3. Believe me, I would get rid of it like some old shoes if I didn't like it enough. EVs are great for my purpose anyway. I'd trade for a Rivian R1S but I don't have that kind of money and it's 1-2 years of waiting.
I_ONLY_PLAY_4C_LOAM t1_j15xd79 wrote
BMW, Audi, and Mercedes are all releasing cars in the Tesla price range.
zombietampons t1_j15xh1s wrote
PUTS PUTS PUTS, I hope you guys Shorted Tesla, or at least designed a Strategy back when Elon was saying the Company was Overvalued, Message was Simple and Clear. Anywho, Kudos Judos.
ActualSpiders t1_j15zf1w wrote
I think a better explanation is that Musk is demonstrating that he's an emotional infant who makes terrible, poorly-thought-out, very expensive decisions, and nobody trusts a company run by someone like that.
I mean, if it was just the traitor thing, Fox News would have gone under years ago...
Intrepid-Dig-1855 t1_j15zi8a wrote
Tesla is a make not a model. I just followed suit.
Thankfully others have clarified the ones I thought it was obvious I meant. ID3 and the one I've driven which I feel was really decent was the Mustang. But again, just my opinion.
ktownmenace t1_j15zjix wrote
it isnt worth the price its tagged for. yes it sold like hot cakes and used car market is now flooded with teslas. cant be that ignorant.
ActualSpiders t1_j15zvx5 wrote
Ah, but does he have the Delorean nose? I wanna see him get perp-walked for carrying tons of drugs around in that private jet he doesn't want anyone to track...
bannacct56 t1_j1615pc wrote
Tesla stock isn't going down because you have too many employees, it's going damn because the owner has proven himself to be a horrible manager. This was his first real challenge and Let's be honest, he screwed it up since the beginning. He overpaid, he opened his big mouth which forced him to buy the company, he then wrecked it, and it's not getting better. So far that's what he's done with this challenge
BigSwedenMan t1_j161l9o wrote
Not even. It's still way overvalued. Tesla's problem is not that it has too many employees
Mistyslate t1_j1620im wrote
Did you know that Musk faked his degree?
BigSwedenMan t1_j16218v wrote
That fucking screen is such bad design. I shouldn't need to dig through menus to turn on my fucking headlights
Ok-Welder-4816 t1_j1622u5 wrote
Can he stand trial at the Hague for his daddy's conflict gems empire while we're at it? Since I presume daddy-o isn't around anymore
Mistyslate t1_j1623dq wrote
$6/share is reasonable.
Mistyslate t1_j1628bt wrote
Model 3 is premium? That plastic shit with an Android tablet and leaking doors?
Ok-Welder-4816 t1_j162a9y wrote
I think to think of it as Tesla doing them a favour
internet_DOOD t1_j162kyq wrote
His dad just had a kid with his own step daughter or something.
milkcarton232 t1_j163vsq wrote
My puts agree but my brain doesn't. Tesla is still the only company doing scale electric that is appealing, plus the charging network is solid. It's a great car just sucks that musks insanity is taking hold
garlicroastedpotato t1_j169mor wrote
From $344/share to $170/share. It used to be valued at 40x revenue. Now it's valued at 15x revenue. Which is still quite a bit too high.... in that it's more than all other American automakers combined.
NearPup t1_j16aevz wrote
He immigrated from Canada, not South Africa.
Glittering-Cellist34 t1_j16aplx wrote
Read On a Clear Day You Can See General Motors. It's a good book.
TheJadedSF t1_j16bkh3 wrote
… For more money and worse specs and no supercharging network and maybe in 2-3 years realistically
sex_is_immutabl t1_j16blrh wrote
Reddit has been predicting Twitter implosion for months now. I am going to hazard a guess that this never happens and they actually become profitable within 2 years. Turns out Reddit's emotional impulses aren't a good barometer on the health of a business.
TheJadedSF t1_j16bych wrote
So bad that many other makers followed it? And who manually turns their headlights on anymore, it’s called auto mode.
TheJadedSF t1_j16c1ja wrote
And those used ones go like hot cakes too but this sub is so Elon baaaad it doesn’t matter lol
PricklyyDick t1_j16cm7q wrote
Kia is cheap but yet Teslas profit margin is like 15%-20%. Sounds to me like teslas primary business is selling cheap cars as luxury.
But hey if it works it works.
ktownmenace t1_j16ct1f wrote
they do? i guess everyone forgot to remove their listings then. and stop name dropping elon like you personally know him Lol
ps. i dont even know much about elon and careless about who he is or what he does. i do constantly laugh at elon fanboy friends that spent ridiculous amount of money on dogecoin and down 98% :)
EmptyCalories t1_j16cw27 wrote
Tesla service centers are notorious for:
- paying below the industry standard wage
- being short-staffed
- being under-equipped
- churning through service techs
TheJadedSF t1_j16d7ag wrote
That was literally the only comment that mentioned elon, wtf?
ktownmenace t1_j16dcti wrote
and totally unnecessary. hes not gonna come running here backing you up
[deleted] t1_j16di05 wrote
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TheJadedSF t1_j16djka wrote
? Put the crack pipe down buddy
ktownmenace t1_j16dqtq wrote
not cracked out enough to spend 80k on a golf cart :D
TheJadedSF t1_j16e0ak wrote
Lol no one is paying 80k for a model 3 what fiction are you talking? You prob can’t afford a Toyota Corolla the way you’re talking. Are you old enough to drive?
ktownmenace t1_j16e5jo wrote
youre talking all this crap driving a model 3? Lolllll
ktownmenace t1_j16edgc wrote
funny i actually made money off of tesla stocks and youre just a consumer. know your place bro
maowai t1_j16ekmd wrote
Sorry, but the build quality is at least “acceptable” to the vast, vast majority of people who own them. It’s a Reddit thing to act like they’re at the level of cars coming out of the Soviet Union. The people complaining are people who play with calipers for fun, people who got unlucky with a really bad one, and, as the overwhelming majority, people with no firsthand experience who want to participate in the circlejerk.
TheJadedSF t1_j16g7kf wrote
Who said I don’t own Tesla stock too? Are you a mind reader little boy?
ktownmenace t1_j16gdcf wrote
shouldve sold it long time ago like me haha
voidsrus t1_j16hj9i wrote
>Reddit has been predicting Twitter implosion for months now.
laying off most of your institutional knowledge does not present short-term problems, it presents long-term problems. it's been less than 2 months.
​
>Turns out Reddit's emotional impulses aren't a good barometer on the health of a business.
taking on $1 billion a year in interest payments you can't afford and making most of your revenue stream run for the hills is something not only a reddit user can figure out is going to cause problems for a business. that's why the stock the deal was financed with is cratering.
rfugger t1_j16lh51 wrote
The market for Teslas is very different than the market for Fox News.
MrE761 t1_j16lo4l wrote
You would’ve thought even last year, but I’m betting his recent behavior will change the minds of some.
Ok_Championship_2180 t1_j16n6do wrote
Exactly. As much as the media and reddit wants twitter to die it just won’t happen.
[deleted] t1_j16o9al wrote
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CuppaTeaThreesome t1_j16peis wrote
The return is still in progress.
banme5lol t1_j16rbv1 wrote
karma farmers only talk and post about three things lol
R_Meyer1 t1_j16t0io wrote
Elon Musk bankrupting his companies one tweet at a time.
ActualSpiders t1_j16u7i1 wrote
Yeah, that's why I said "if it was just the traitor thing..."
Although the Tesla market increasingly gives me South Park vibes...
ruddygore212 t1_j16w0ki wrote
Couldn’t happen to a nicer authoritarian fascist conspiracy-spreading labor-hating monster. Fuck Elon Musk. Fuck Twitter. I hope every business he touches dies.
seattlesnow t1_j16wee4 wrote
They could of sold appliances with the name but naw, Space Karen decides to buy a Bird App just for s and giggles. Oh well — not my circus, not my elephants.
dubiousadvocate t1_j16wkml wrote
Where was he born…
NearPup t1_j16ws42 wrote
That doesn’t matter. He has Canadian citizenship, he had Canadian citizenship when he immigrated to the US, why would he ever get deported to South Africa? At the very least he’d get to pick.
dubiousadvocate t1_j16wt5u wrote
And smuggled contraband emeralds with his dad Errol, who was apparently stealing them from the mine he had a minor stake in for a handful of years.
dubiousadvocate t1_j16x3q4 wrote
He’s not going to be deported. He was born in South Africa.
NearPup t1_j16x75b wrote
I know he’s not getting deported. But in a hypothetical world where he’s getting deported where he was born is irrelevant. That’s not how deportations work.
It’s also just objectively correct to say that Musk immigrated to the US from Canada - at the time he moved to the US, Musk was a Canadian citizen residing full time in Canada.
do_you_even_ship_bro t1_j16x7f9 wrote
CNET has labeled the them the most unreliable (out of ~30) for a couple years. That’s terrible for a “high end” brand.
NLtbal t1_j16ytg2 wrote
Could they of?
dubiousadvocate t1_j16zt5n wrote
Rather than dismiss deportation you went with this weird Canada dodge. 🙄
BigSwedenMan t1_j170cp5 wrote
The fact that others followed is irrelevant. If I eat a shit sandwich from a restaurant, the fact that they also sell one across the street doesn't make it taste any better
SomegalInCa t1_j172bfs wrote
Well said. Elon always kinda bugged me but he’s so flipping self righteous in his stupidity it’s amazing
ifisch t1_j1759n2 wrote
It's going down because it was ridiculously overvalued in the first place
orangenormal t1_j175ac4 wrote
> Musk has blamed the tanking stock on Federal Reserve rate hikes.
Yeah, that must be it. The reserve rate. 🙄
bubzki2 t1_j175q10 wrote
Grammar correction? Bannable offense.
TheCh0rt t1_j179msb wrote
I can’t find the source but I once read that if Tesla were actually valued based on its revenue, each car would cost $13 million dollars.
Edit: May have been 3 million which would make more sense
TheCh0rt t1_j179tgn wrote
Aka “The greatest capitalist the world has ever seen”
TheCh0rt t1_j179vub wrote
Maybe he got rich by stealing a sports almanac
AwesomReno t1_j17fz00 wrote
In reality that’s fine. Great prospect for the company. Still leading is many aspects. Expand and contract. It’s the rhythm of a business.
kyflyboy t1_j17gx85 wrote
I'm no watcher of FN, but Musk has strongly motivated me to look for other EVs. No way am I supporting this MF.
kyflyboy t1_j17h1p1 wrote
Well the cars are horribly overpriced to begin with. But Musk's behavior has so completely damaged his brand, that all his companies and endeavors are tainted.
Nichinungas t1_j17inxt wrote
Is that supposed to be an insult? Some people would say it’s not.
WuriderX t1_j17mqtj wrote
This is why he wants to step down from Twitter. The damage is done.
leaf_26 t1_j17w93h wrote
and climate change isn't happening because my house isn't underwater at this moment /s
sylsau t1_j17y5nx wrote
It looks like Elon Musk has decided to clean house in each of his companies!
Twerkatronic t1_j1888y4 wrote
The only reason it ever got so high in the first place is because he lied about taking tesla private at $420 "funding secured"
BuckyDuster t1_j18fjv9 wrote
Elon Musk has offended a lot of people by what he did to Twitter
somegridplayer t1_j18ks6i wrote
>Tesla is still the only company doing scale electric that is appealing
Except Tesla's market share of EV goes down every single day. Also many fanboys are having a hard time defending Tesla vs Mercedes etc.
>It's a great car
Fit and finish, nope, range, nope. C'mon, what is so great about it?
semperlegit t1_j18n4fc wrote
They only need to lay off one guy to fix this: the head twit.
GearhedMG t1_j18osfx wrote
The issue was for a long time Teslas were the only EV that had a decent range, but in the last 3 years there have been more manufacturers that have gotten cars to market with ranges that rival ICE cars, Tesla’s stock will continue to go down to a sane level, will Tesla disappear, I doubt it they will just become a normal name in the car market
Buhodelatierra t1_j191pw1 wrote
Weird, I thought it was Elon Musk that was fucking Tesla up, not the people working there…
milkcarton232 t1_j19335z wrote
Yeah Mercedes should finally produce some headwind for Tesla. I wouldn't buy Mercedes first electric outing simply b/c the company is still learning but yeah give it a few years and any teething issues will be dealt with.
As for fit and finish I guess your mileage may vary but of all the ones I have ever driven and riden in they have been fine. The model 3 in particular is a bit spartan but that's not necessarily bad. Model s I have access to has been wonderful and holding up going on 7 years now could be we just got lucky or there happen to be lemons out there.
My point is that as of today when you think electric cars Tesla is still the pioneer at the forefront. That can and likely will change but I don't think that's a Tesla is worth less than a 10th of it's current price kind of thing. But again my puts are extremely happy right now so I'm happy to be wrong
[deleted] t1_j195bcn wrote
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JerryNicklebag t1_j198hlr wrote
They need to lay off Elon Musk permanently
somegridplayer t1_j19a0o5 wrote
>Tesla is still the pioneer at the forefront.
Not anymore. Rivian has an EV truck. Ford has an EV truck, Chevy will have one next year, Tesla might as well shitcan the cybertruck if they haven't already. Hummer EV SUV is hitting the market. Lucid is ramping up with monster range cars. All the luxury brands are releasing or plan on releasing their own offerings.
Self driving runs over small children and everyone else's lane keeping and object avoidance is superior. It's over.
spooninacerealbowl t1_j19az3l wrote
He's taking his tweet time coming out with the electric pickup truck.
[deleted] t1_j19br56 wrote
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milkcarton232 t1_j19kdf2 wrote
Yeah Tesla failed on more than a few milestones, the worst being the model 3 self driving kit. As for object detection/avoidance I don't know that I would call the other ones better? All the Tesla's they currently produce are all still pretty great cars.
My overall point is discounting musk doing a stupid Tesla has shown that they have a talent at rapidly changing the field. I wouldn't count them out just yet but I do agree their insane p/e simply wasn't sustainable
somegridplayer t1_j19x10d wrote
When everyone is turning out EV and IC cars, they'll have a hard time keeping up both in innovation and in sheer volume.
milkcarton232 t1_j1a4a30 wrote
I disagree on innovation? Most of those other companies are slight changes over the years, Tesla put ev's on the map and continue to dream big. Having said that the past =/= the future so innovation might come from wherever, I think Tesla has an adv b/c they are not a traditional car company and have a tech mindset.
Volume you are right, up until now they were really the only option for all electric and that's changing. They do have another good advantage depending on how they play it: superchargers. They have a really good network of supercharging stations which could be strong for them going forward
ruddygore212 t1_j1buplt wrote
Except he’s lost billions with his terrible decisions while claiming to be a genius.
He’s a failed capitalist, even given the enormous fortune he inherited.
There are NO good republicans. Each and every one is scum.
Stui3G t1_j1c7dwa wrote
Probably shorting his own stock.
geockabez t1_j14mm0n wrote
Since musk sides with traitors, he should not be surprised that patriots do not merely want to buy his cars, but want him stripped of his citizenship and deported back to South Africa. Actions have consequences.