Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

The company still is making good profit, has low debt and has possible revolutionary products ahead. You may hate them but they are still doing well


Apparently their profit is a couple billion, market share is dropping, [1] and they've promised revolutionary products without delivering for a decade now. A multitrillion dollar valuation for a company in decline that fails to deliver innovative or quality products, and a trillion for a dude driving it into the ground, is an interesting quirk of 2010s-2020s economics.

[1] https://www.tesla.com/sites/default/files/downloads/TSLA-Q2-...


Still profitable while other competitors are losing money like BYD and a bunch of traditional gas manufacturers.

They have already released multiple revolutionary products including the first real electric car and then the model y which is the best selling car in the world.

Tough economic situation for a car manufacturer. If you consider running a profitable company during a tough situation and unprecedented tariffs to be "driving into the ground" that's up to you.

Considering Ford and everyone else is absolutely getting clobbered in electric vehicles I do find that comical


> possible revolutionary products ahead.

Which products? EVs are a commodity. Self driving technology is better at Waymo, and in China, the latest Huawei version of self driving, installed in Avatar cars, is on par with Tesla’s and even better in some cases. What’s left? The Optimus robot? Unitree from China and Boston Dynamics (owned by Toyota), are ahead of Tesla. Not to mention the hundreds of startups in China working on the same thing, all using essentially the same transformer based architecture with only minor tweaks. There’s no moat this time. What Tesla still excels at is marketing and hype, but even that has its limits.


Basically everything you said here is completely untrue


That's quite the counterargument. Care to back it up with anything more than "you're wrong"? Right now this reads more like a dismissal than a rebuttal.


So much is wrong. First of all Boston Dynamics is owned by Hyundai not Toyota.

How many cars in the US is haiwei self driving in right now?

How many robots is Boston Dynamics selling?

You are arguing that vaporware is better than what Tesla has.


I’m sure they’ll deliver those revolutionary products just like they delivered on Dojo, Solar Roofs, Roadster, Semi, robotaxis…


They have working robotaxis, semis, and are selling solar roofs currently


they do well for a real stock price of roughly $48/share. it is not “hate” to state something that is obvious to anyone but Elon fanboys(girls).


I didn't say it's hate. I said that they may hate him. There's a difference. Considering Tesla is doing great compared to other companies like BYD who are their biggest worldwide competitor and they are hemmoraging money


BYD does not have P/E ratio of 8967 like TSLA though


Tesla has a PE of 207.60


That's a disastrous P/E ratio


Maybe you'd prefer Rivians PE of infinity instead?


Apples and oranges. :>


Please show me any American car company that has a technology and future potential to Tesla does.


None, just like in most industries. That includes Tesla.


Completely wrong


Hi, Elon




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: