jj4211

It's not just an abstract number, but leveraging it changes the value. If they hypothetically tried to leverage 2 trillion with of their stock, it wouldn't be worth 2 trillion.

Of course the needle would probably barely move if they tried to leverage 50 billion.

Still number 1.

California, Oregon, and Washington GDP all together is about $5.1 trillion, and US overall is 10 trillion ahead of China.

Still number 1

This is based on the World Bank 2024 numbers, US had $28.7 trillion, China 18.7, and California 4.
https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)

Oh robot butlers would be huge, but no one is even vaguely close to that. All the demos have been remote controlled, demonstrating that can make dumb robots, but that's not really new...

Yes, but it sounds like the kid jumped into the street without looking and physics were not on favor of getting from 17 mph to 0 in time.

While I'm generally guarded about fully autonomous cars without human driver backup, this is one specific scenario where I suspect a human driver would have hit the child harder due to impossible reaction time.

Robo taxis are a thing.. but not much of a thing and it's not Tesla.

Don't worry, while they may have worse business results than a lot of other companies, displaying steeper loss of market, whose non car initiative have failed, whose leader squandered his reputation to throw in with a political movement that hates EVs in hopes of political clout that evaporated within a few months...

They still have a market cap bigger than all their competitors combined, because why not....

Yes, but even then you'd expect the faltering to be reflected, just earlier. As the analysts estimate low profits you'd expect the stock to suffer a sharp decline then.

Given how overvalued Tesla is arguably in general and that the rationalization is that while it's not the biggest and best brand now, but their growth trajectory should carry them past all the other automakers, it's insane that they are only down 11% from their late december highs, and still showing a $1.4 trillion market cap..

It's not a company that looks like growth nor do their current results look to justify that crazy valuation. They are valued at 3x Ford, GM, Toyota, and Honda combined, despite having more modest business results than any of them.

Yes, this local move upward on beating estimates despite a bad result is normal, but the broader trend of this stock is still anything but.

They squandered their reputation to gain political clout that seems to have evaporated and are locked into EVs in a market where that's no longer subsidized and a great deal of EV interest is muted now and other manufacturers are able to push out compelling EV cars. You know that Musk is going to take your money and spend it how he sees fit including obscene bonuses to himself...

I just don't understand Tesla investors at all at this point...

AMD is largely left behind. They are trying real hard to pitch their MI products as an nvidia alternative, but no one is biting. Strangely some of their line is even more exotic to try to host than the highest end Nvidia gear.

So they are relatively less exposed to a crash than nVidia. On top of not doing that lending to their customers...

I have a number of colleagues in Europe that normally I occasionally see. Since ICE ramped up last year, none of them have set foot on American soil at all. No one wants to risk even legally being in this mess.

And is also, according to Trump at least, also not the acting president. The acting president according to Trump is... Trump

No, she was the second in the regime.

The Trump admin felt it was probably more effective to give the current regime a slap to let them know who is calling the shots, but otherwise leave the regime largely intact. If they can just get the same Venezuela as it already existed, just as a vassal state, mission accomplished.

Versus Machado, who was the opposition leader trying to ingratiate herself with Trump up to giving him her peace prize in hopes of having the US implement her indirect electoral victory in 2024. Trump administration has shown zero interest in making that happen.