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CuppaTeaThreesome t1_j15luf3 wrote

Tank / Return to normal reasonable levels?

27

BigSwedenMan t1_j161l9o wrote

Not even. It's still way overvalued. Tesla's problem is not that it has too many employees

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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
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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

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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.

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Mistyslate t1_j1623dq wrote

$6/share is reasonable.

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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

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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?

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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

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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.

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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

1

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.

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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

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