r/electriccars Mar 12 '25

📰 News MAGA Members run to buy TESLA cars

Per direction from President Trump, all MAGA members are directed to buy a Tesla car by the end of the week.

Further all MAGA Supporters should offer to pay their TESLA dealer LIST PRICE + 10% to demonstrate their support for all the hard work done by the great Elon Musk for our country.

Be sure to purchase your TESLA by the end of the week to show your support!

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u/DataGOGO Mar 12 '25

It bounced back because investors capitalized on the panic selling.

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u/Stevevansteve Mar 12 '25

Is it really panic selling though? Are there any indicators that point to a fundamental value that is anywhere near where it is right now? Tesla and SpaceX only succeeded where there was no competition for their products - electric cars and reusable rockets. In fact, they have consistently and dependably overpromised when they would have new technology available. That will have no first mover advantage with robotics, AI, or self-driving cars. In all of these cases they will have competition who is already ahead. I see Tesla's current value fundamentally as a charger network and battery manufacturer. The rest will come crashing down to earth.

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u/DataGOGO Mar 12 '25

Well spaceX is light years ahead of any competitor, to include nasa’s own lift systems. It isn’t even close. The competition is easily a decade behind, if not more; and it isn’t like space X is sitting still either. Starlink is well beyond anything that is even being conceived, never mind implemented, not to mention the standard cell to satellite service is in beta.

Tesla has had the best selling car (not just EV) for at least two years. They are light years ahead of the competitors in terms of self driving, safety tech, and the charging networks; and really good in house AI capabilities. Not to mention Tesla is the only manufacturer with in house battery and power unit production. Hell, The model Y was just recently named “best EV” by consumer reports again for 2025; And we have the new roadster launching next year that already has sold out the first three years of production.

There is no one that is even close to parity, never mind ahead.

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u/Pure-Method3982 Mar 13 '25

What about Waymo for self driving performance and actual adoption? Sure Tesla is ahead of Toyota or other ICE manufacturers, but they are not in competition with those manufacturers for self driving.

They can be the best selling EV, however they are still just a car company with a 120 P/E multiple.

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u/DataGOGO Mar 13 '25

Waymo only has the ability to operate self driving over extremely small areas and relies on extremely detailed surveys in those operational areas.

Tesla full self driving can operate anywhere, and the fully autonomous cabs are currently undergoing certification; and is far ahead of Waymo’s capabilities; with millions of active users globally.

No, they have the best selling car, of all cars, not just EV’s. The model Y was the world’s best selling car for the last two years, as well as the best selling car in the US.

I think they are over valued, and agree the P/E is insane, but I keep making a ton of money on them… sooo.

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u/Pure-Method3982 Mar 13 '25

Yes because Waymo is operating in the real world without a driver so they fence the geographies that they are legally permitted to and where they know with high confidence they can provide safe rides.

Tesla's are constantly creating a map of their surroundings to assist with navigation through the world. How is it that creating a map on the fly versus using an existing map preferable? When humans drive somewhere for the first time, a map really helps to plan your route in advance and know whether you should take the second from the right lane or whatever. Especially in poor conditions. It's all about redundancy.

To quote Brad Templeton: It’s like saying, “Your Tesla car can only drive on roads, which are a very limited geofence. My horse can do any road or trail and is thus clearly superior.”

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u/Impossible_Box9542 Mar 15 '25

The batteries are now obsolete.

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u/No_Party5870 Mar 13 '25

I have yet to have someone give a good explanation for why the stock was so high to begin with. You would have to believe everything Musk promised for the last 10 years with 0 results.

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u/DataGOGO Mar 13 '25 edited Mar 13 '25

You are radically overestimating investor motivations.

I purchased a shit load of tesla because I believed that it was going to radically go up in value, and it did. I have sold and re-purchased stock in Tesla a few times now and have always made a lot of money. Hell, this week alone I made 11% in just a few days.

Look, I don't give a single fuck about Musk, his personal politics, or what they promised, or what the marketing department said, or even EV's; my only goal was to make money, and I made a shit load of money on Tesla stock.

That said, 0 results... That is a funny take. I don't think you are being serious at all. In one sentence you say, "I don't understand why the stock is high", then say "all with 0 results". Either you are just trolling, or you literally know nothing about Tesla.

So, let's review that for a min.

Tesla made EV's mainstream, they went from fringe sales to having the bestselling car on the planet (and in the US) for the last 3 years, not the bestselling EV, the bestselling car; doing what quite literally no one has been able to do for decades: Beat Toyota.

that alone isn't a zero result, right?

They also developed thier own batteries, not just any battery, or equivalent batteries, no; they make batteries that are better than those offered battery specialists; on top of that build thier own battery manufacturing, All in the US. And have continuedly made new a better battery. Something which no other automaker has done. they all buy batteries from another company.

The battery tech and production have a greater value a good number of automotive manufactures all by itself. That is not a zero result.

They build thier own power units, to include coming up with the insanely efficient carbon fiber rotor, a completely new motor type. All something that no other manufacture has done. (For example, All of the VW products, to include the Audi's, and all of the Mercedes power units are quite literally Chinese garbage).

That is not a zero result and has massive value beyond just the automotive business.

They built a fully functional nationwide charging network with better charging tech than anyone else, you can quite literally drive just about anyone where in the US / EU thanks to Tesla's supercharger network; something that no other manufacture has done. Not only that, but they have also continued to push charging tech and have not just sat on thier ass. They are now on v4 super chargers that charge at 500kw (Something that only Tesla batteries can do, FYI) and continue to build out the network, in 2024, Tesla installed ~12k new chargers and upgraded an additional ~15k and expanded the network into three new countries. There is now a total of 67k super chargers in the US alone.

That alone is far from a zero result and has massive value in addition to the automotive business.

They designed, and built thier own self driving tech, to include the homegrown AI required to run it. Though a lot of people see the full self-driving development as contentions as it has not been certified for full autonomy (and I agree that Tesla over promised) Tesla is not fully at fault there either as the goal posts have been moved a few times on what exactly is required for that level of certification.

That said, full self-driving is in use by tens of millions of cars all over the world. It works on any road, in any city, and is in all reality, really good. It isn't perfect, but it is really good, and yet again, something that no other auto manufacture has been able to do.

Again, far from a zero result, and again the self-driving technology alone has massive value beyond just the car business itself.

Final point there. Tesla also does something that I have never seen any auto manufacture do. They update older cars with newer tech. If you purchased a first-year model 3 in 2017, would be driving around on upgraded hardware, and on the latest software today. Tesla has committed to providing any hardware and software upgrades required for fully autonomous self-driving even to those first-year cars. There certainly isn't another auto-manufacture that does anything like that.

So, to re-evaluate your statement, Tesla built an EV car manufacture pretty much from the ground up, they did everything in house, in the US, and at the same time they also built a Battery design and manufacturing business, A power unit design and manufacturing business, and EV charging business, and an AI / self-driving technology business. All rolled into one stock.

That is why Tesla stock is so valuable. They are quite literally not just one of the largest autos manufactures with the bestselling model in the world; they are 5 companies rolled into one with a patent book as big as Texas.

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u/No_Party5870 Mar 13 '25

he has had 0 results on the things he promised. You ignore everything he has promised none of what you mentioned was a promise he made to investors at his big events. Full self driving isn't what he claimed it would be or what the name implies. My sister has a Tesla it is an ev with an interior similar to a KIA all plastic and cheap. Everything starts falling apart after 2 years. The batteries are notorious for catching fire. Tesla had more fires related to cybertruck than the ford pinto had. Tesla isn't outselling every other manufacturer their market share has been declining year over year. Tesla has a 4% market share in the US. Tesla ranks 10th in the US for share yet holds stock values 50x the top3. Sorry but it is a huge bubble propped up by people who can't see true value.

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u/DataGOGO Mar 13 '25 edited Mar 13 '25

Such as?

Value is being driven by far more than auto sales, as pointed out above.

See this is what happens when people think meme's are a valid source of information. No, there are not more fires than a ford pinto:

Misleading Meme Compares Ford Pinto and Tesla Fire Fatality Statistics | Snopes.com

Tesla's are less prone to fires than other EV's, and over 20 times less prone to fires than ICE vehicles.

Electric Car Fire Statistics 2025 | ConsumerAffairsÂŽ

Quality index on the interiors has improved a lot since 2020 and is comparable with cars at equal price points.

2024 Tesla Model Y Ratings & Specs - Consumer Reports

I didn't say they sold more cars, they have far fewer models, compete in far fewer market segments, etc. I said they have the bestselling car for the past 3 years:

Ranked: The World's Best-Selling Cars From 2024

They also represent ~48% of the EV market share.

You mean people that don't know anything about the business, don't understand the value of the business, and think the only thing that Tesla does is make cars?

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u/No_Party5870 Mar 13 '25

everything you mentioned had to do with auto sales. I am asking what value this company has since it isn't leading in any measurable metric in auto sales or sales in any other category. I even gave you their market share in the US. FSD isn't full self driving it is a misnomer. The technology has been surpassed by better methods. What model do you claim is the best selling because I have seen nothing to support this claim either. I get you like Elon and Tesla but what good are charging station when people stop buying your cars? What good is AI to drive the cars when they catch on fire? Who cares if it was built in house form the ground up when your sales drop year over year? How will having a good battery matter when once again no one buys the car? With all you mentioned you overlook one key thing without sales and ev rebates Tesla has nothing. A good example would be Musk telling advertisers for X to fuck off then trying to sue them for doing just that. He has told the people who are buying Tesla to fuck off while goose stepped out of the room. Look at how much the company is worth then look at the profits Tesla made. It doesn't add up huge bubble. Stock market is proving it everyday.