Do you really like or hate Tesla? What do you think?

Oct 27, 2018 49 Comments

I found Tesla as a company or the stock, together with its cars, is really polarizing. Many people love it and think it is the future; while there are people who hate it, doubt it or think it will go bankrupt.

I am a Tesla fan and I do find a lot of Tesla fans or Tesla favorite videos on YouTube from many people but I am wondering if I am just living in a bubble (thanks to YouTube recommendation system). There are many analyst on TV networks saying Tesla is hugely overvalued as well.

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TOP 49 Comments
  • Apple ijyA68
    I think the cars are boring and they only exist because of government subsidies. They don’t have a real market.
    Oct 27, 2018 17
    • Apple ijyA68
      What will stop the hype train? When people stop loaning your company money.
      Oct 27, 2018
    • Tesla
      Mh87

      Tesla

      PRE
      Amazon
      Mh87more
      The company has reaffirmed several times that the company will not go to markets or banks to raise capital... in both the Q2 and Q3 earnings calls.

      profitability = self-sustaining. Aka don’t need to borrow money.

      This point is obsolete, so what else can stop the hype train?
      Oct 27, 2018
  • Tesla
    Mh87

    Tesla

    PRE
    Amazon
    Mh87more
    When I was considering joining the company and started researching, I started to realize that the quality of arguments from the short seller side were severely lower quality and more superficial than the bullish arguments.

    Take for example the comment from @ijyA68 above. Posting a link referring to an FBI probe that is investigating whether Elon projected too ambitious numbers when launching the Model 3.

    Really? Is that a crime? Should SpaceX be investigated for claiming to be able to land rocket boosters and failing 3 times before doing it successfully? Never new that setting and building hype around ambitious goals was a crime.
    Oct 27, 2018 6
    • Apple Gg56fh
      What do you think about the other short seller arguments re: upcoming debt payments, reliance on federal tax credits to prop up demand, competition catching up, quality issues. Are those arguments also flimsy?

      Unfortunately both sides hype the news cycle too much. I wish there was sober source of intelligence that analyzed Tesla as a business and its products.
      Oct 27, 2018
    • Tesla
      Mh87

      Tesla

      PRE
      Amazon
      Mh87more
      1. Debt payments. Tesla would have no issues raising capital to pay off. We decided not to, and reaffirmed this decision by posting a profit this qtr. The convertible bonds due in March have a convert price of $360. If we hit that we’re good.
      2. Many customers traded in vehicles that were far more than 10k cheaper (when new) than the M3 sticker price. This incentive is only for US, and international markets have their own incentives.
      3. Point to one potential competitor... Daimler? BMW? GM? Please look at specs that are inferior to vehicles that we released over 3 years go.
      4. Quality issue is there, no doubt. We are still a young company for manufacturing cars, but this is clearly not negatively impacting demand. The tech and software far outweigh the negative effects.
      Oct 27, 2018
  • I traded in my $14k Ford Fusion (price when I originally bought it - I got $3600 on the trade) for a $65k Dual Motor Model 3. And then I spent $8k getting it a satin XPEL wrap and ceramic coating. Tonight the software that will let it start suggesting lane changes (and initiating them, with my approval) to navigate the highway system, interchanges, etc, is going live for North America. The hype is real.
    Oct 27, 2018 2
    • Pinterest Hulk
      Omg...8k for wraps/coatings? Should have got the perf model instead with that money. Can you pm me your Xpel wrap pics?
      Oct 28, 2018
    • Oct 28, 2018
  • Google CREd51
    Have had 3 Teslas so far (2 x MX, 1 x MS)... love all of them. I used to drive Audi and Porsche, but have never looked back since we got our first Tesla. Not sure about the company, but the cars are truly amazing to drive
    Oct 27, 2018 0
  • Amazon boooo7
    OP
    For those who chose Hate, could you briefly say why?
    Oct 27, 2018 6
    • alt_qq, we can forgive ignorance if you promise to educate yourself one day. It’s clear you don’t know Tesla or Elon. Making assumptions like Tesla being a “luxury car manufacturer” confirms it. Elon doesn’t care if Tesla makes money except to appease shareholders. And Tesla is only making cars to further our mission. The reason Elon, and JB, got involved with Tesla all those years ago is they saw what no one else is seeing. Tesla is first and foremost a battery company. Now, with that in mind, take a look at how our mission statement has changed from, say, four years ago, to now. And then see if you can see what we’re really about.
      Nov 8, 2018
    • SpaceX / Eng SlaveX
      Vast amounts of vapor ware: $35k for the model 3, doesn't exist. Solar tiles, doesn't exist. Battery swapping at recharge stations, doesn't exist nor do the cars support it. Auto pilot, doesn't exist. In fact almost every major ground breaking statement is a lie.
      Nov 8, 2018
  • Amazon / Eng n0v
    Tesla are doing cool stuff, there's a lot to be admired. Musk personally has done a lot of cool shit, assembled some great teams and businesses. But he's a bit of a dick and probably needs a vacation.
    Oct 27, 2018 0
  • Netflix antlion
    The vast, vast majority of humans on Earth spend basically zero time thinking about Tesla. It's far less polarizing than you think.
    Oct 27, 2018 0
  • LinkedIn Cjqc41
    The new Teslas look so plastic. I dislike them. Hate is a strong word.
    Oct 27, 2018 4
    • The cars are revolutionary you should drive one. Then play lunar lander on it ...

      P.S. the wheels on the model 3 boost empg by 5-10%!
      Oct 28, 2018
    • Apple Gg56fh
      Drove the S and loved it. I’m sure the 3 is amazing. Just picky about aesthetics.
      Oct 28, 2018
  • VMware ---------
    Neither. I think they are doing very important stuff, but I am not sure about their lobbying / getting government credits / effectively getting taxpayer-sponsored subsidies. This is very wrong.
    Oct 27, 2018 4
    • Netflix antlion
      OP: The subsidies are not going away yet, just being reduced.
      Oct 27, 2018
    • Amazon boooo
      No until the end of this year, and then it becomes 3750, from 7500.
      Oct 27, 2018
  • Tesla / Other qfczDfc
    I like Mercedes E class more rather than m3 or even ms. E is more comfortable.
    Oct 28, 2018 0

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