Elon Musk now owns 9.2% of twitter...update.. will soon be the sole owner as Board of Directors accepts his purchase offer

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Brovane

Diamond Member
Dec 18, 2001
5,489
1,679
136
SpaceX is running the best out of musk involved companies. Probably because he spends the least amount of time there and thus less of a chance he has to fuck things up.

I think Tesla is in trouble long term unless they get a better CEO and it will still be tough

Why is Tesla in trouble long-term? Tesla last year made more money than either Ford or GM.

 

VRAMdemon

Diamond Member
Aug 16, 2012
6,572
7,823
136
Now Tweeters with stars on their bellies can now post 4000-character tweets.


Ugghhh! ... Con you imagine trying to read a 4000 word salad from Trump! ...lol

Wtf .... Most poeple won't read 4000-character screeds and nut jobbery tweets from nobodies who’ve paid for the blue check. This just in: Twitter has re-invented the blog.
 
Reactions: Zorba

VRAMdemon

Diamond Member
Aug 16, 2012
6,572
7,823
136
Musk and Ben Shapiro are apparently deeply concerned that one day an AI might have to say the N-word in order to stop a nuclear war and the "wokes" won’t let them do it.

https://www.vice.com/en/article/wxn...sessed-with-getting-chatgpt-to-say-the-n-word

I'm wondering if there was a bomb and it could only be defused by teaching critical race theory, what would Shapiro do then? Or suck an ape’s dick to prevent a nuclear apocalypse!. These no-talent grifters love making shit up to get all mad about. Such transparent hacks.
 

cytg111

Lifer
Mar 17, 2008
23,544
13,111
136
Musk and Ben Shapiro are apparently deeply concerned that one day an AI might have to say the N-word in order to stop a nuclear war and the "wokes" won’t let them do it.

https://www.vice.com/en/article/wxn...sessed-with-getting-chatgpt-to-say-the-n-word

I'm wondering if there was a bomb and it could only be defused by teaching critical race theory, what would Shapiro do then? Or suck an ape’s dick to prevent a nuclear apocalypse!. These no-talent grifters love making shit up to get all mad about. Such transparent hacks.
Another Trump play in action, they’ve successfully gaslighted themselves into oblivion.
 
Reactions: hal2kilo

MrSquished

Lifer
Jan 14, 2013
21,934
20,209
136
How are you defining long-term?

In the context of your post - as in not last years or this years numbers.

Tesla's brand has been tarnished by Musk, especially to his core market, and he is not getting better. Tesla is slashing prices, thus their profit per car will go down, competitors are starting to appear and EV buyers are starting to get real options, and that's only going to increase, while Tesla has extreme difficulty bringing new products to market. Self-driving by Tesla has been shown to be a sham.

I think a new CEO can really help them out, but in this direction with Musk, chances of success diminish.
 
Reactions: Leeea

misuspita

Senior member
Jul 15, 2006
407
467
136
Not related to Tweeter, but it seems Elon Musk is cutting Starlink over Ukraine because he does not agree to be used in a offensive way. If true, this guy has really fucked his Tony Stark image in less than 1 year... Now he's just a moron russian tool

 

Brovane

Diamond Member
Dec 18, 2001
5,489
1,679
136
In the context of your post - as in not last years or this years numbers.

Tesla's brand has been tarnished by Musk, especially to his core market, and he is not getting better. Tesla is slashing prices, thus their profit per car will go down, competitors are starting to appear and EV buyers are starting to get real options, and that's only going to increase, while Tesla has extreme difficulty bringing new products to market. Self-driving by Tesla has been shown to be a sham.

I think a new CEO can really help them out, but in this direction with Musk, chances of success diminish.

Yes, Tesla is slashing prices however Tesla can afford to slash prices on it's cars because of it's already high margin. You might find the article below interesting about Tesla's much higher margin than other manufacturers.

https://www.reuters.com/business/au...ts-profits-weapon-an-ev-price-war-2023-01-19/

As far as Tesla's brand being tarnished, this hasn't resulted in lower sales for Tesla. Despite Musk's antics, Tesla increased US sales by 75% in 2022 from 2021 despite the increased competition in 2022 from other EV options. I would have thought Q3 and Q4 sales would have been impacted as more negatives came out for this Twitter purchase. So far these claims about Musk hurting Tesla's brand I haven't seen reflected in any hard financial numbers. Can you reference any hard financial numbers in Tesla's financials showing the impact of Musk tarnishing Tesla's brand? I am interested to see how sales go in Q1-2023 to see if Musk's antics have had a impact.
 

fskimospy

Elite Member
Mar 10, 2006
84,805
49,493
136
Yes, Tesla is slashing prices however Tesla can afford to slash prices on it's cars because of it's already high margin. You might find the article below interesting about Tesla's much higher margin than other manufacturers.

https://www.reuters.com/business/au...ts-profits-weapon-an-ev-price-war-2023-01-19/

As far as Tesla's brand being tarnished, this hasn't resulted in lower sales for Tesla. Despite Musk's antics, Tesla increased US sales by 75% in 2022 from 2021 despite the increased competition in 2022 from other EV options. I would have thought Q3 and Q4 sales would have been impacted as more negatives came out for this Twitter purchase. So far these claims about Musk hurting Tesla's brand I haven't seen reflected in any hard financial numbers. Can you reference any hard financial numbers in Tesla's financials showing the impact of Musk tarnishing Tesla's brand? I am interested to see how sales go in Q1-2023 to see if Musk's antics have had a impact.
I don't think that article is very informative as Tesla is a luxury brand, unlike Ford or GM. It would be better to compare their profit margins to Mercedes, BMW, things like that.
 

Brovane

Diamond Member
Dec 18, 2001
5,489
1,679
136
I don't think that article is very informative as Tesla is a luxury brand, unlike Ford or GM. It would be better to compare their profit margins to Mercedes, BMW, things like that.

Tesla can afford to slash it's prices to compete against vehicles like the ID4 and Mach-E. Can Ford and VW afford it?
 

Leeea

Diamond Member
Apr 3, 2020
3,698
5,432
136
Tesla can afford to slash it's prices to compete against vehicles like the ID4 and Mach-E. Can Ford and VW afford it?
Absolutely.

Every electric vechile Ford sells is a carbon credit Ford does not need to buy from Tesla for its gas guzzlers.


Also, the Ford lightning is the new hotness for electric vehicles. Telsa does not have anything coming any time soon that will even attempt to compete.
 

Brovane

Diamond Member
Dec 18, 2001
5,489
1,679
136
Absolutely.

Every electric vechile Ford sells is a carbon credit Ford does not need to buy from Tesla for its gas guzzlers.


Also, the Ford lightning is the new hotness for electric vehicles. Telsa does not have anything coming any time soon that will even attempt to compete.

What do think is the margin on a VW ID4 or a Mach-E? Or the margin on the Ford Lightning?
 

Brovane

Diamond Member
Dec 18, 2001
5,489
1,679
136
Hyundai is producing a nice car. The American automakers are coming in, Toyota and Honda are next.

The problem is all these guys are not producing enough volume of these "nice cars". When are we actually going to see volume production of these "nice cars"?
 

MrSquished

Lifer
Jan 14, 2013
21,934
20,209
136
The problem is all these guys are not producing enough volume of these "nice cars". When are we actually going to see volume production of these "nice cars"?

They will. They've been doing it for decades. They were caught behind the times but they are coming now. Tesla will not have that first to market allure for long. Also Tesla is terrible about putting out new models. They rarely come out and they area always delayed. What's the Cybertruck now, 3 years delayed? What about self-driving? OH that's just 8 years of vaporware.
 
Reactions: Pens1566

Brovane

Diamond Member
Dec 18, 2001
5,489
1,679
136
A quick google says that Ford makes $10k-$15k on the regular F150 and I suspect profit margins will be higher for the lightning, as Ford’s stated goal is to give them premium pricing.

I guess we will see how this shakes out in 2023.

Is 2023 going to be the year that Tesla no longer sells more BEV's in the US than all other manufacturers combined?
 
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