Tesla's value makes no sense. It offers nothing that Toyota doesn't also offer. The only reason Tesla is so stupidly valuable is because it is treated as a speculative meme stock.
"MUST READ! Death of Tesla incoming! This Is How Tesla Will Die!"
www.planetearthandbeyond.co/p/this-is-ho ... [image or embed]
" ''Keeper Of The Flame'' (@agb2g.bsky.social) March 16, 2025 at 5:14 PM
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By comparison, Tesla's value makes no sense. It offers nothing that Toyota doesn't also offer.
Tesla value never made any sense - Toyota's stock is cheaper and better not just on P/E basis (P/E alone is subjective, may depend on many factors so is not sufficient to determine relative value), but:
Toyota's gross, operating and net profit margins, ROI, ROE are all better than TSLA's (not even counting "carbon credits" which accounted for 68%-100% of TSLA EBITDA profits) and Toyota has 3+x sales of TSLA (85% of GM+Ford combined), yet its market value is only 1/3 of latest TSLA MV, and only 1/8x of TSLA price/revenue, even after TSLA lost more than half its MV from Dec. 2024 peak.
The only reason for absurd valuation was Musk hyped as the "man of vision" and Tesla as the "tech, not car" company, with sell-side "financial analysts" raising PT with rosy scenarios of new "fantastic" capabilities and treating it as a "futuristic" tech company, so TSLA stock was the only way hoi polloi were able to participate in that "vision", providing Musk with a private currency to invest in / buy other tech products (AI, FSD, robotics)...
That's why he was/is frantically looking to buy [real] companies / tech while this currency still has/had absurdly oversized value, and was protected from [and probably denied capital to] better, cheaper competition:
www.newsweek.com - Biden Doesn't Want Cheap EVs From China. What Does That Say About U.S. Climate Policy? - 2024-04-10
|------- "When I think about climate change, I think jobs." Climate policy, in [Biden's] view, is an opportunity to unlock more union-friendly, high-paying manufacturing jobs in climate tech like EVs and batteries. It's also a way to shore up political support in manufacturing-dependent states, such as Michigan. -------|
Where are UAW and Shawn Fain now? Players change, but the "game" stays the same:
michiganadvance.com - UAW's embrace of Trump tariffs could lead to disaster for its members - 2025-03-20
|------- "There's been a lot of talk of these tariffs "disrupting" the economy. But if corporate America chooses to price-gouge the American consumer or attack the American worker because they don't want to pay their fair share... The UAW is in active negotiations with the Trump Administration about their plans to end the free trade disaster. We look forward to working with the White House to shape the auto tariffs in April to benefit the working class. ... -------|
Meanwhile, record numbers of "working class" are defaulting on their auto loans:
www.bloomberg.com - Americans default on car loans at record rates - 2025-03-06
Elon may do just fine, especially after taking over government's resources:
www.washingtonpost.com - Elon Musk's business empire is built on $38 billion in government funding
|------- An additional 52 ongoing contracts with seven government agencies - including NASA, the Defense Department and the General Services Administration - are on track to potentially pay Musk's companies an additional $11.8 billion over the next few years...
Without the credits, Tesla would have lost more than $700 million in 2020, marking a seventh-consecutive year with no profits. With the credits, the company reported a $862 million profit. ... -------|
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haven't seen that and unlike rein and clown and others here....I'm not gonna try to comment on something I haven't looked at and checked the source.
thanks for the reply.
#77 | Posted by shrimptacodan
Trump's US Commerce Secretary, who owns Tesla stock, publicly recommends to buy TSLANo conflicts there.
Trump's US Commerce Secretary, Howard Lutnick, who indirectly owns Tesla (TSLA) stocks through his firm, has publicly recommended buying Tesla stocks today. This is likely the first time that a sitting US Commerce Secretary publicly recommends to buy a specific stock. The circumstances in which this first is happening are genuinely astonishing.
Lutnick is known for his multi-billion-dollar stake and long-time leadership at the investment bank Cantor Fitzgerald. Starting in 2022, Cantor Fitzgerald began to buy Tesla stocks and significantly increased its investment in the automaker in 2024 during a bull run: After Trump won the election last year with the help of a $250 million political donation from Elon Musk, the Tesla CEO started to recommend Lutnick for the significant role of Secretary of the Treasury. After being nominated by Trump, Lutnick said that he would be divesting from his holdings, which are mainly linked to Cantor Fitzgerald, within 90 days. The 90 days are not up yet, but there is no update on whether he has started divesting yet.
Today, he went on Fox News and recommended viewers buy Tesla stocks
electrek.co
If you think Tesla is such a sure thing, you should pick up as many shares as you can afford. Maybe mortgage your house while you're at it. I hear that's what all the non-idiots are doing.
if there is one person in the leftist garbage dump that should be praising musk it's a veteran and former astronaut.....this is how fkn stupid dems have become.
#93 | Posted by shrimptacodan
Kelly should praise Musk?
Musk calls Sen. Kelly a 'traitor' over trip to UkraineI guess some of us praise others for different things.
abcnews.go.com
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