TSLA is now a meme stock. During the latest earnings call this week, in order to pump the stock, Musk once again made grand promises about upcoming revenue streams he KNOWS he can't deliver on:

- TSLA will have a MILLION robotaxis on the roads sometime next year. He promised exactly this in 2019

They don't even have self-driving software ready to go. Meanwhile, Waymo and others are already on the roads

- He will build these ONE MILLION robotaxis at the Austin Cybertruck plant

This is also a farcical concoction. The plant isn't capable of building a million Model Y's in a year. More like 5 years at capacity, if that

- He will build and sell hundreds of thousands of robots at $20-30,000 each. Again, ridiculous. Where's the market for those at that price and in those numbers.

Tesla sales are falling. Musk has destroyed the brand among the very customers he seeks. Rednecks drive pickups.

The ONLY reason they had any net revenues at all was because of the nearly $600,000,000 in carbon tax credits.

Anyhoo, everything Musk has been promising shareholders has been "just around the corner" according to Musk. He's a lot like Trump. Lots of empty promises, very little results.

It's the same story year after year.

And in major American cities, where the bulk of Tesla robotaxis would operate, Musk is no longer respected after turning fascist. There are other options for riders ranging from the already operating, self-driving Waymo taxis to Uber and Lyft. People aren't going to pay a premium to ride in a Model Y when there are other options already available that are safer. And aren't built by fascist loving Ketamine addicts.

Musk will eventually roll out a handful of Tesla robotaxis in small pilot programs and declare it a success. Since, as LAMPLIGHTER pointed out above, the lowered self-driving standards Musk is trying to implement means questionable safety and accidents.

Anyway, Tesla is a meme stock. There's no way he'll ever deliver the massive promises he's made shareholders about (always) future revenue streams that can't logically become reality.

A million Tesla taxis? Millions buying $30,000 robots? I have a bridge to sell you ...