Liberal Forum

Musk wants more control over Tesla to move forward with AI, or else he will jump ship and start his own AI company.  Not good for Tesla investors.

On top of that, In December, Tesla was forced to recall 2 million cars over a safety issue tied to its autopilot system.  And, in early December, the company recalled an additional 1.6 million vehicles exported to China, as a result of its assisted steering system.

So, to sum this up, Tesla

• Has 2 huge recalls
• Is being canceled and sold off by Hertz,
• and Musk is trying to jerk shareholders around.

I think its a great time to SHORT sell Tesla.

P/E = 70
52 Week high = 300
52 Week low = 124
Current Price = 214

I never invest in musk businesses.

Tesla is still tanking. Down from $240 to $191. And, even at $191, the P/E is 44 - that's 30 higher than it should be.

Have ypu ever seen a tesla commercial. Me neither.

not all that surprising. they have never been truly profitable.

impartialobserver » 30 Jan 2024, 7:39 pm » wrote: ↑

30 Jan 2024, 7:39 pm

not all that surprising. they have never been truly profitable.

Yeah they had a good run. Making Elon musk seem bright is hard to do.