Tesla’s value drops $60bn after investors fail to hail self-driving ‘Cybercab’

[Captain Caveman]

Tesla’s value drops $60bn after investors fail to hail self-driving ‘Cybercab’

Investors criticised lack of detail about the ‘robotaxi’ showcased by Elon Musk

www.theguardian.com

Laxk of detail is the issue. I susprct scam is the cause of that. Investors have been scammed before. Rrmember the great boting company which built nothing.

Self driving cabs, what could go wrong ?

Welcome to your cab driver in the US, Johnny -

 

[Tommy Tainant]

Lol.... That's next as AI continues to absorb human qualities.

If they do away with the taxi driver it will lead to problems. How will young girls get a free ride if there is no taxi driver to feel her tirs ?

 

[DGS49]

Tesla's stock price has always been divorced from reality. PE is over 60(!).

The biggest impediment to self-driving technology is our fucked up tort law system(s).

Despite contrarian bullshit, Tesla continues to make the most worthwhile EV's, much better value than competitors.

 

[Invisibleflash]

Tesla’s value drops $60bn after investors fail to hail self-driving ‘Cybercab’

Investors criticised lack of detail about the ‘robotaxi’ showcased by Elon Musk

www.theguardian.com

Laxk of detail is the issue. I susprct scam is the cause of that. Investors have been scammed before. Rrmember the great boting company which built nothing.

Self driving cabs, what could go wrong ?

 

[Captain Caveman]

Tesla’s value drops $60bn after investors fail to hail self-driving ‘Cybercab’

Investors criticised lack of detail about the ‘robotaxi’ showcased by Elon Musk

www.theguardian.com

Laxk of detail is the issue. I susprct scam is the cause of that. Investors have been scammed before. Rrmember the great boting company which built nothing.

Self driving cabs, what could go wrong ?

Coincodex prediction -

According to our current TSLA stock forecast, the value of Tesla shares will rise by 82.48% and reach $ 604.84 per share by December 13, 2024.

 

[flewism]

Tesla’s value drops $60bn after investors fail to hail self-driving ‘Cybercab’

Investors criticised lack of detail about the ‘robotaxi’ showcased by Elon Musk

www.theguardian.com

Laxk of detail is the issue. I susprct scam is the cause of that. Investors have been scammed before. Rrmember the great boting company which built nothing.

Self driving cabs, what could go wrong ?

Well it is at $330 today up over $100 per since 10/11/24, you own any Tesla stock? You should have day traded that fucker.

You know that $60 billion is less than 6% of the company value.

 

[Captain Caveman]

Well it is at $330 today up over $100 per since 10/11/24, you own any Tesla stock? You should have day traded that fucker.

You know that $60 billion is less than 6% of the company value.

Tommy is a Lefty, so he can't do figures, finance, and economics.

 

[sealybobo]

Tesla’s value drops $60bn after investors fail to hail self-driving ‘Cybercab’

Investors criticised lack of detail about the ‘robotaxi’ showcased by Elon Musk

www.theguardian.com

Laxk of detail is the issue. I susprct scam is the cause of that. Investors have been scammed before. Rrmember the great boting company which built nothing.

Self driving cabs, what could go wrong ?

I think they are safer than us

Musk showed off a prototype of a self-driving car he calls the ‘Cybercab,’ which he claims will help propel Tesla to new heights.

Musk said that autonomous cars are expected to be 10–20 times safer than human-driven vehicles and could cost as little as 20 cents per mile, compared to the $1 per mile for city buses.
Tesla plans to launch fully autonomous driving in Texas and California next year, with the Cybercab entering production by 2026 — although he said it could be as late as 2027. 90% of miles driven will be in self-driving cars in 10 years

Additionally, Tesla is developing the Optimus robot, which could be available for $20,000–$30,000 and is capable of performing various tasks.

Elon Musk Predicts AI Will Surpass Human Intelligence in 10 Years​

 

[sealybobo]

Well it is at $330 today up over $100 per since 10/11/24, you own any Tesla stock? You should have day traded that fucker.

You know that $60 billion is less than 6% of the company value.

What about now? Tell us what to do. Buy or wait?

Down 51% From All-Time Highs, Could Tesla Stock Keep Falling?​

If you zoom out even just a little bit, though, things don't look horrific. Over the last 12 months, shares of Tesla are still up by 37% -- much stronger than the gains of both the S&P 500 and Nasdaq.

Following President Donald Trump's victory on Nov. 5, Tesla stock soared to all-time highs. But now, with shares down roughly 51% from prior highs, what direction could Tesla stock be headed next?

Let's explore what New York University's Aswath Damodaran -- better known as the "Dean of Valuation" -- thinks about Tesla stock. Below, I'll detail the factors driving the ongoing sell-off in Tesla stock and assess Damodaran's latest price prediction. From there, I'll offer my own perspective on whether I see now as a good opportunity to buy the dip in Tesla stock or not.

Down 51% From All-Time Highs, Could Tesla Stock Keep Falling? The "Dean of Valuation" Has a Clear Prediction. | The Motley Fool

Tesla stock has been in a downward spiral over the last several weeks.

www.fool.com

softening demand in the electric vehicle (EV) market

some investors have become worried that the entrepreneur could be losing focus on Tesla's roadmap.

Tesla may face some pricing pressure from the competition

As a longtime investor in Tesla myself, I am cautiously optimistic that Musk will pull off his vision, and I think the company will enter a long chapter of sustained, robust profitability underscored by generational breakthroughs in AI.

For these reasons, I would employ a dollar-cost averaging strategy and take advantage of any ongoing dips in Tesla stock. Investors with a long-term horizon who are willing to stomach volatility and exercise patience and discipline could be looking at profound gains 10 years from now and beyond.