ELON TUSK IS GOD

[Sanlmar]

some of the pillars of elon's cult are openly pleading with apple to buy tesla.

Cars are a commodity not technology. Apple doing cars makes no sense to me.

Is Apple gonna have a financing arm like GE did in the old Jack Welch days? GE was a finance company in actuality and it was genius. That is the only notion that is remotely attractive given their cash. Wrong time for auto financing as you well know.

I admit I have never spent any time on Apple and cars cause I’ve considered it wasted time.

Mercedes Benz PE is a 5

[sonatine]

some of the pillars of elon's cult are openly pleading with apple to buy tesla.

Cars are a commodity not technology. Apple doing cars makes no sense to me.

Is Apple gonna have a financing arm like GE did in the old Jack Welch days? GE was a finance company in actuality and it was genius. That is the only notion that is remotely attractive given their cash. Wrong time for auto financing as you well know.

I admit I have never spent any time on Apple and cars cause I’ve considered it wasted time.

Mercedes Benz PE is a 5

i think the lesson elon taught the auto industry is that you can put together a reasonably priced car that looks freaky as shit and pushes a ton of boundaries, if you have engineers, fabrication facilities, and a cult of affluent consumers.

i mean... [ points at apple ]

speaking of which i really want a mercedes EQS.





....*bites knuckle*


i had a dream about what good cars mercedes were the other night so ive been kinda obsessing.

[Sanlmar]

Cars are a commodity not technology. Apple doing cars makes no sense to me.

Is Apple gonna have a financing arm like GE did in the old Jack Welch days? GE was a finance company in actuality and it was genius. That is the only notion that is remotely attractive given their cash. Wrong time for auto financing as you well know.

I admit I have never spent any time on Apple and cars cause I’ve considered it wasted time.

Mercedes Benz PE is a 5

i think the lesson elon taught the auto industry is that you can put together a reasonably priced car that looks freaky as shit and pushes a ton of boundaries, if you have engineers, fabrication facilities, and a cult of affluent consumers.

i mean... [ points at apple ]

speaking of which i really want a mercedes EQS.

Reasonably priced if you overlook the fact that any Tesla recently financed is underwater. Now there is added new sales discounting pressure

The build quality is junior achievement.

How about freshening up styling … like ever. If I buy a crispy new Tesla I don’t want it to look exactly like a 4 year old model. I love cars. I can drive down the road and tell you make model and year of pretty much everything I see with a very high accuracy. I cannot play that game with a Tesla.

The interior looks like you are sitting on a milk crate holding a steering wheel. Contrast with your EQS.

I will grant you it was a cult a few years ago. Hot and different.

[devidee]

Nothing better represents the fickleness of the leftist cult than Tesla / Elon Musk.

[sonatine]

i think the lesson elon taught the auto industry is that you can put together a reasonably priced car that looks freaky as shit and pushes a ton of boundaries, if you have engineers, fabrication facilities, and a cult of affluent consumers.

i mean... [ points at apple ]

speaking of which i really want a mercedes EQS.

Reasonably priced if you overlook the fact that any Tesla recently financed is underwater. Now there is added new sales discounting pressure

The build quality is junior achievement.

How about freshening up styling … like ever. If I buy a crispy new Tesla I don’t want it to look exactly like a 4 year old model. I love cars. I can drive down the road and tell you make model and year of pretty much everything I see with a very high accuracy. I cannot play that game with a Tesla.

The interior looks like you are sitting on a milk crate holding a steering wheel. Contrast with your EQS.

I will grant you it was a cult a few years ago. Hot and different.

yeah im sure this doesnt need to be said but that take is based on the golden years before musk started enforcing andor prison style punishments on his freemont factory workers.

[Tellafriend]

Embedded Tweet

https://twitter.com/jesseredmond/status/1608857113345892357

[Sanlmar]

Cathie Wood buying more TSLA & Bitcoin. Even Jim Cramer is turning on her.

Does she have the stones to perform Seppuku?

[sonatine]

Cathie Wood buying more TSLA & Bitcoin. Even Jim Cramer is turning on her.

Does she have the stones to perform Seppuku?

[sonatine]

Embedded Tweet

https://twitter.com/Keubiko/status/1608804505055002624

[sonatine]

some interesting datum to digest / a 2023 morning coffee reflection on the sordid state of tesla...

* the cost of used teslas is plummeting. far faster than any other car.

* tesla factories operate at a massive loss if X cars a quarter dont sell, tesla is falling well short of that number, so they are starting to discount the cars. soon they will likely be selling the cars at literal cost.

* teslas are no longer considered 'good' cars.

Embedded Tweet

https://twitter.com/NeillBlomkamp/status/1609651050168061953

neill blomkamp isnt some random, and hes one of many, many, many voices on sosh saying holy shit my tesla is falling apart. basically since elon turned his freemont factory (rip) into a tent city, the QA complaints have risen more or less exponentially.

* a main character on twitter a few days ago was a dude who convinced his dad to stick his retirement fund into tsla and its gone from 12m to 2m. so much of teslas grassroots support came from people who had this symbiotic fiscal relationship with tesla's stock price. those people are waking up on the other side of the bell curve and realizing that elon getting redpilled could not possibly have happened at a worse time. and it didnt really get him anywhere. democrats consider his brand overwhelmingly toxic but theres been no corresponding shift to overwhelming positivity in right wing circles. if his goal was to simply shift appeal from a saturated market to a fresh one, he has failed utterly.

* there is a new york times article out last week. a writer test drove as many electric cars as he could. the tesla experience simply wasnt competitive anymore. and thats a really interesting marker if youre thinking foreign sales are going to carry tesla to profitability now that domestic sales are waning, because the same companies that are thriving in the face of tesla decline here are going to also thrive in those foreign markets.



theres just no bull thesis for tesla. level 3 driving automation among tesla's competitors is already here, its just stuck in regulation and R&D is languishing from the chip shortage essentially. mercedes, honda, audi, they literally have it rolled into their latest offerings, but its deliberately crippled while they get regulatory hurdles sorted.

and the craziest part of this is that tesla fumbled its solar bag, fumbled its level 3 driving bag, fumbled its brand reputation, fumbled its R&D, fumbled its QA, its whole fucking report card is crimson Fs down the line.

and the people who used to have the weight to demand course correction and sanity can longer do so *because they were all invested heavily in tesla and are now poors*.

i expect a fair number of institutional players will dip a toe based on the '$tsla has reached its floor' thesis and then half wit freaks like cathie wood will pied piper more retail into off the cliff and we will probably see some sort of 10-20% retracement on the way to zero but real fucking talk, its going to be a real crash course in the free market when a company with a 400bn market cap today is scrambling around for bridge loans tomorrow to cover paychecks and power bills.

[Kalam]

* there is a new york times article out last week. a writer test drove as many electric cars as he could. the tesla experience simply wasnt competitive anymore. and thats a really interesting marker if youre thinking foreign sales are going to carry tesla to profitability now that domestic sales are waning, because the same companies that are thriving in the face of tesla decline here are going to also thrive in those foreign markets.

The NYT writing a hit piece on Tesla right now is the most unsurprising thing ever. If they ever wrote anything positive it would be an absolute shock.

The NYT (along with the rest of the legacy media) are the propaganda arm of the institutions Elon is challenging. That isn't to say their negative propaganda isn't going to be a huge problem for Tesla, because a lot of people still buy into the media driven narratives. But any free thinker should put as much weight into a NYT hit piece on Tesla as they would on positive Rotten Tomato critic review from a Harriet Tubman themed movie.

That is:

[sonatine]

There is an argument AAPL could go to $75. Don’t spoil the surprise for your friends

In response to weak demand, Apple cutting Q1 orders for AirPods, Apple Watch, MacBooks - Nikkei

[Sanlmar]

* there is a new york times article out last week. a writer test drove as many electric cars as he could. the tesla experience simply wasnt competitive anymore. and thats a really interesting marker if youre thinking foreign sales are going to carry tesla to profitability now that domestic sales are waning, because the same companies that are thriving in the face of tesla decline here are going to also thrive in those foreign markets.

The NYT writing a hit piece on Tesla right now is the most unsurprising thing ever. If they ever wrote anything positive it would be an absolute shock.

The NYT (along with the rest of the legacy media) are the propaganda arm of the institutions Elon is challenging. That isn't to say their negative propaganda isn't going to be a huge problem for Tesla, because a lot of people still buy into the media driven narratives. But any free thinker should put as much weight into a NYT hit piece on Tesla as they would on positive Rotten Tomato critic review from a Harriet Tubman themed movie.

Teslas are a green product. Liberals are all about taxpayer subsidies for a consumer product like electric vehicles.

Teslas were also fashion. New, hip, technical and nonsensical. The promoter Musk was selling science fiction and extravagant dreams. Hardly conservative ideals.

It’s hard to pump anything in a recession. Carnival barkers end up on unemployment for a while.

I don’t believe institutions are going to scoop lows in Tesla, Sonatine. Except Cathie Wood. She’s doing her own Mitchellgale trying to save her career with a Hail Mary. In fact, institutions will look to retail to provide the liquidity for their exit.

I’m not here to say institutions are the smart money. I just think your ability to market your fund or advance your career makes TSLA antithetical atm.

The rotation out of high growth tech is still fairly early days. I know TSLA isn’t tech really but you know what I mean.

I moved on from SBF. Musk replaced him as the new face of failure and fraud for a while. I’m even tiring of Musk now. Uninteresting and somewhat obvious to all now just like SBF. The faces of a bygone era.

[sonatine]

The NYT writing a hit piece on Tesla right now is the most unsurprising thing ever. If they ever wrote anything positive it would be an absolute shock.

The NYT (along with the rest of the legacy media) are the propaganda arm of the institutions Elon is challenging. That isn't to say their negative propaganda isn't going to be a huge problem for Tesla, because a lot of people still buy into the media driven narratives. But any free thinker should put as much weight into a NYT hit piece on Tesla as they would on positive Rotten Tomato critic review from a Harriet Tubman themed movie.

Teslas are a green product. Liberals are all about taxpayer subsidies for a consumer product like electric vehicles.

Teslas were also fashion. New, hip, technical and nonsensical. The promoter Musk was selling science fiction and extravagant dreams. Hardly conservative ideals.

It’s hard to pump anything in a recession. Carnival barkers end up on unemployment for a while.

I don’t believe institutions are going to scoop lows in Tesla, Sonatine. Except Cathie Wood. She’s doing her own Mitchellgale trying to save her career with a Hail Mary. In fact, institutions will look to retail to provide the liquidity for their exit.

I’m not here to say institutions are the smart money. I just think your ability to market your fund or advance your career makes TSLA antithetical atm.

The rotation out of high growth tech is still fairly early days. I know TSLA isn’t tech really but you know what I mean.

I moved on from SBF. Musk replaced him as the new face of failure and fraud for a while. I’m even tiring of Musk now. Uninteresting and somewhat obvious to all now just like SBF. The faces of a bygone era.

i wasnt pitching any legitimate institutional inflow, i was saying a handful of quants are going to flesh out their portfolios in case musk gets fired and it moons basically, and the romanticists and retail and wanna be /wsb stars are going to fomo there way into the slipstream. theres a big difference between that and saying that institutional longs are a thing.

also we still dont talk enough about how the rise of tesla was fueled largely by people buying short and medium term lightyears-out-of-the-money options for pennys, and forcing underwriters to buy shares to cover them as legally required. more than any other dynamic, thats what got tesla to the moon. honestly i dont even know if theres a term for that.

[Sanlmar]

Teslas are a green product. Liberals are all about taxpayer subsidies for a consumer product like electric vehicles.

Teslas were also fashion. New, hip, technical and nonsensical. The promoter Musk was selling science fiction and extravagant dreams. Hardly conservative ideals.

It’s hard to pump anything in a recession. Carnival barkers end up on unemployment for a while.

I don’t believe institutions are going to scoop lows in Tesla, Sonatine. Except Cathie Wood. She’s doing her own Mitchellgale trying to save her career with a Hail Mary. In fact, institutions will look to retail to provide the liquidity for their exit.

I’m not here to say institutions are the smart money. I just think your ability to market your fund or advance your career makes TSLA antithetical atm.

The rotation out of high growth tech is still fairly early days. I know TSLA isn’t tech really but you know what I mean.

I moved on from SBF. Musk replaced him as the new face of failure and fraud for a while. I’m even tiring of Musk now. Uninteresting and somewhat obvious to all now just like SBF. The faces of a bygone era.

i wasnt pitching any legitimate institutional inflow, i was saying a handful of quants are going to flesh out their portfolios in case musk gets fired and it moons basically, and the romanticists and retail and wanna be /wsb stars are going to fomo there way into the slipstream. theres a big difference between that and saying that institutional longs are a thing.

also we still dont talk enough about how the rise of tesla was fueled largely by people buying short and medium term lightyears-out-of-the-money options for pennys, and forcing underwriters to buy shares to cover them as legally required. more than any other dynamic, thats what got tesla to the moon. honestly i dont even know if theres a term for that.

You will know we will be ready for the next bull when the /wsb thread goes dormant. Home day trading will be uncool. The market will have gone to sleep as bond coupons are clipped and dividends are prized over volatility. I’ve lived those days.

Will some quant believe TSLA will rip when Musk departs? I really don’t think so. He was the show. The pump and promise. He wasn’t an anchor - he was the reason TSLA mooned. It was a show. Lotta other nonsense mooned but Musk was born for that era.

The Hitchhiker's Guide to the Galaxy in his back pocket and the gift to sell fantasy. I don’t think the public gets it even still.

[sonatine]

Will some quant believe TSLA will rip when Musk departs?

they will bundle it into some sort of synthetic etf and sell swaps on it which they underwrite using leaps on the same synthetic etf that they sold to a wholly owned subsidary etc etc and at the end of the day they will pocket low 8 figures off the commissions and AUM %.

[Small_Banana]

some interesting datum to digest / a 2023 morning coffee reflection on the sordid state of tesla...

* the cost of used teslas is plummeting. far faster than any other car.

* tesla factories operate at a massive loss if X cars a quarter dont sell, tesla is falling well short of that number, so they are starting to discount the cars. soon they will likely be selling the cars at literal cost.

* teslas are no longer considered 'good' cars.

Embedded Tweet

https://twitter.com/NeillBlomkamp/status/1609651050168061953

neill blomkamp isnt some random, and hes one of many, many, many voices on sosh saying holy shit my tesla is falling apart. basically since elon turned his freemont factory (rip) into a tent city, the QA complaints have risen more or less exponentially.

* a main character on twitter a few days ago was a dude who convinced his dad to stick his retirement fund into tsla and its gone from 12m to 2m. so much of teslas grassroots support came from people who had this symbiotic fiscal relationship with tesla's stock price. those people are waking up on the other side of the bell curve and realizing that elon getting redpilled could not possibly have happened at a worse time. and it didnt really get him anywhere. democrats consider his brand overwhelmingly toxic but theres been no corresponding shift to overwhelming positivity in right wing circles. if his goal was to simply shift appeal from a saturated market to a fresh one, he has failed utterly.

* there is a new york times article out last week. a writer test drove as many electric cars as he could. the tesla experience simply wasnt competitive anymore. and thats a really interesting marker if youre thinking foreign sales are going to carry tesla to profitability now that domestic sales are waning, because the same companies that are thriving in the face of tesla decline here are going to also thrive in those foreign markets.



theres just no bull thesis for tesla. level 3 driving automation among tesla's competitors is already here, its just stuck in regulation and R&D is languishing from the chip shortage essentially. mercedes, honda, audi, they literally have it rolled into their latest offerings, but its deliberately crippled while they get regulatory hurdles sorted.

and the craziest part of this is that tesla fumbled its solar bag, fumbled its level 3 driving bag, fumbled its brand reputation, fumbled its R&D, fumbled its QA, its whole fucking report card is crimson Fs down the line.

and the people who used to have the weight to demand course correction and sanity can longer do so *because they were all invested heavily in tesla and are now poors*.

i expect a fair number of institutional players will dip a toe based on the '$tsla has reached its floor' thesis and then half wit freaks like cathie wood will pied piper more retail into off the cliff and we will probably see some sort of 10-20% retracement on the way to zero but real fucking talk, its going to be a real crash course in the free market when a company with a 400bn market cap today is scrambling around for bridge loans tomorrow to cover paychecks and power bills.

There is one bullish thesis. The fact that you are bearish. Remember your Bitcoin will go donkdown when it was $250?

Tesla has always had poor assembly of cars but the owners don't care. They love the cars.

[sonatine]

some interesting datum to digest / a 2023 morning coffee reflection on the sordid state of tesla...

* the cost of used teslas is plummeting. far faster than any other car.

* tesla factories operate at a massive loss if X cars a quarter dont sell, tesla is falling well short of that number, so they are starting to discount the cars. soon they will likely be selling the cars at literal cost.

* teslas are no longer considered 'good' cars.

Embedded Tweet

https://twitter.com/NeillBlomkamp/status/1609651050168061953

neill blomkamp isnt some random, and hes one of many, many, many voices on sosh saying holy shit my tesla is falling apart. basically since elon turned his freemont factory (rip) into a tent city, the QA complaints have risen more or less exponentially.

* a main character on twitter a few days ago was a dude who convinced his dad to stick his retirement fund into tsla and its gone from 12m to 2m. so much of teslas grassroots support came from people who had this symbiotic fiscal relationship with tesla's stock price. those people are waking up on the other side of the bell curve and realizing that elon getting redpilled could not possibly have happened at a worse time. and it didnt really get him anywhere. democrats consider his brand overwhelmingly toxic but theres been no corresponding shift to overwhelming positivity in right wing circles. if his goal was to simply shift appeal from a saturated market to a fresh one, he has failed utterly.

* there is a new york times article out last week. a writer test drove as many electric cars as he could. the tesla experience simply wasnt competitive anymore. and thats a really interesting marker if youre thinking foreign sales are going to carry tesla to profitability now that domestic sales are waning, because the same companies that are thriving in the face of tesla decline here are going to also thrive in those foreign markets.



theres just no bull thesis for tesla. level 3 driving automation among tesla's competitors is already here, its just stuck in regulation and R&D is languishing from the chip shortage essentially. mercedes, honda, audi, they literally have it rolled into their latest offerings, but its deliberately crippled while they get regulatory hurdles sorted.

and the craziest part of this is that tesla fumbled its solar bag, fumbled its level 3 driving bag, fumbled its brand reputation, fumbled its R&D, fumbled its QA, its whole fucking report card is crimson Fs down the line.

and the people who used to have the weight to demand course correction and sanity can longer do so *because they were all invested heavily in tesla and are now poors*.

i expect a fair number of institutional players will dip a toe based on the '$tsla has reached its floor' thesis and then half wit freaks like cathie wood will pied piper more retail into off the cliff and we will probably see some sort of 10-20% retracement on the way to zero but real fucking talk, its going to be a real crash course in the free market when a company with a 400bn market cap today is scrambling around for bridge loans tomorrow to cover paychecks and power bills.

There is one bullish thesis. The fact that you are bearish. Remember your Bitcoin will go donkdown when it was $250?

Tesla has always had poor assembly of cars but the owners don't care. They love the cars.

i have a friend who bought a tesla last year. she took a chisel and tore off the logo. 100% true. people have had it.

and dude read that twitter thread. its literally filled with *other people whose windows have spontaneously shattered*.

if you want to say hey, the bull thesis is you being bearish because youre retail and youre always going to get fucked, that jibes. i have no retort. but the EV market is saturated and musk has torched the brand. imo we are entering salted earth territory.

[Kalam]

There is one bullish thesis. The fact that you are bearish. Remember your Bitcoin will go donkdown when it was $250?

Tesla has always had poor assembly of cars but the owners don't care. They love the cars.

i have a friend who bought a tesla last year. she took a chisel and tore off the logo. 100% true. people have had it.

and dude read that twitter thread. its literally filled with *other people whose windows have spontaneously shattered*.

if you want to say hey, the bull thesis is you being bearish because youre retail and youre always going to get fucked, that jibes. i have no retort. but the EV market is saturated and musk has torched the brand. imo we are entering salted earth territory.

So you are saying instead of buying Air BnB puts I should be buying Tesla ones?

[sonatine]

i have a friend who bought a tesla last year. she took a chisel and tore off the logo. 100% true. people have had it.

and dude read that twitter thread. its literally filled with *other people whose windows have spontaneously shattered*.

if you want to say hey, the bull thesis is you being bearish because youre retail and youre always going to get fucked, that jibes. i have no retort. but the EV market is saturated and musk has torched the brand. imo we are entering salted earth territory.

So you are saying instead of buying Air BnB puts I should be buying Tesla ones?

i honestly dont advocate shorting anything thats lost that much blood already unless youre scalping or maybe doing swings.