Current Events > tesla stock is NOSEDIVING

(+) Yeah! (+)

1337toothbrush posted...

They put the stock in full self-driving mode.

lmao

Starks posted...

Most stocks aren't down 9 to 11% almost every day

Tesla is down ~70% from a year ago. That's a bit worse than most other tech stocks but it's not like there aren't dozens of others also down more than 50%.

Tesla was already overpriced because people were on the Elon Musk bandwagon before. So now it's correcting to much closer to where it should be and the timing coincides with tech stocks (and the market as a whole) also having a rough year. Yes, some of the free fall is obviously from him acting like a jackass on twitter, but that really is a pretty tiny percentage of the sell off I'm sure.

dodgefan91 posted...

but that really is a pretty tiny percentage of the sell off I'm sure.

lol

AceMos posted...

https://twitter.com/Nash076/status/1607862036129800193

yea musk has destroyed his reputation and his networth

all to own the libs on twitter which is also crashing

bbbbut weird nerds told me he is a business genius!

Starks posted...

Most stocks aren't down 9 to 11% almost every day

Have you been following the stock market the past year at all?

CableZL posted...

I sold most of my TSLA to get my house. I sold my remaining few shares at $190

I'm hoping Elon Musk is forced out somehow

All because your neighbor threw his air conditioner unit at you over a ham sandwich...

MaxEffingBemis posted...

Why do you or anyone else care about space x

starlink

bump

AceMos posted...

bump

let the nosedive continue!! Lol

[LFAQs-redacted-quote]

All Space X has managed to accomplish so far is polluting space with a storm of satellites that further limits our ability to explore space. Musk plans on continuing that trend, and it won't be long before space is closed off to us forever. Forget Mars, we soon won't even be able to launch anything other than more debris, debris that will end up being destroyed by other debris necessitating the need for even more debris to keep up.

They removed the ability to monitor tesla stock on Twitter xd

ReadySetGoats posted...

They removed the ability to monitor tesla stock on Twitter xd

That seems a rather limiting thing on a free speech platform? Are there rules against stock tracking in their EULA?

ReadySetGoats posted...

They removed the ability to monitor tesla stock on Twitter xd

By "monitor," do you mean by something other than the search function? It still shows up for me when I search for it.

Uta posted...

All Space X has managed to accomplish so far is polluting space with a storm of satellites that further limits our ability to explore space. Musk plans on continuing that trend, and it won't be long before space is closed off to us forever. Forget Mars, we soon won't even be able to launch anything other than more debris, debris that will end up being destroyed by other debris necessitating the need for even more debris to keep up.

This is such a seriously misinformed and shortsighted opinion. I expected this type of post from that other Starlink hater but its disappointing to see this shit from a mod

ReadySetGoats posted...

They removed the ability to monitor tesla stock on Twitter xd

lmao

fReEze pEaCh

Why is it falling what does ceo being a shitlord have to do with anything they are all shitlords

Kloe_Rinz posted...

This is such a seriously misinformed and shortsighted opinion. I expected this type of post from that other Starlink hater but its disappointing to see this shit from a mod

Not surprising that these people don't know shit about science or how the real world works. They're just told to hate blindly and blindly they follow.

You mean a company that produces less than 1/4 of the vehicles Ford does isnt actually worth more if you pop the bubble?

Im shocked.

[LFAQs-redacted-quote]

All satellites will eventually fall and burn up. Gravitational braking will ensure of that sooner or later. LEO is still an Orbit and is designed to be as stable as possible. The internet itself is apparently very unstable however. Satellite television has always been a crap shoot, and Elon's little swarm is an even shittier version of that. At least, according to what the reviews are saying about it. As for ISPs. ISPs spread their infrastructure where there is reasonable economic incentive to do so. Starlink pretends to offer a solution to that, but ignores the fact that the people who can't afford internet STILL CAN'T AFFORD IT. Starlink is MORE EXPENSIVE than my local small town Gigabit internet, and doesn't even get half the speed. It's utterly useless. Do you genuinely believe that the low economic rural locales whom ISPs deemed too poor to be worth building internet infrastructure to are benefiting in any way from satellite internet? This benefits, at best, millionaire farmers living away from cities, and nobody else. It has never been a problem of reach. We dragged cables across the fucking ocean floor for telephones and internet. Reach was never the problem; people's economic situation is the problem, and Starlink offers literally zero solution. Same with every other silicon valley pipe dream.

Kloe_Rinz posted...

This is such a seriously misinformed and shortsighted opinion.

Go on then. Elucidate us. If you're going to call me out, at least have the decency to provide literally anything as a counter claim. Otherwise, all you're saying is "You're wrong". To which I say, "No you."

FigureOfSpeech posted...

I read an article about how Tesla ruined xmas for a family :(

A dude missed his family holiday gathering because his fucking tesla car refused to charge properly in really cold weather.

... it's Teslas fault that dude didn't properly prepare? Interesting.

KiwiTerraRizing posted...

You mean a company that produces less than 1/4 of the vehicles Ford does isnt actually worth more if you pop the bubble?

Im shocked.

McDonald's makes even less cars than Ford and they're worth way more. Companies aren't valued by how many cars they produce and Ford stock is down 60% this year too.

Tesla makes more money than Ford, has better financials, and is still growing exponentially while Ford is in slump for many years. So that's why it is still valued a lot higher than Ford.

Krojen posted...

McDonald's makes even less cars than Ford and they're worth way more.

Are you serious?

1337toothbrush posted...

Are you serious?

Yes! Thats makes McDonalds a MASSIVE bubble.

And Samsung makes more phones than Apple too but is worth less this market crazy. Neither even make cars yet. Should be $0.

Starlinks big annoying is that it is ruining all earth telescopes view

ScazarMeltex posted...

I'm hoping it hits below 100 before the new year.

Wow, a very very cold winter

Suolevram posted...

... it's Teslas fault that dude didn't properly prepare? Interesting.

Its Teslas fault that their cars have a flaw that prevents them from charging in extreme cold.

divot1338 posted...

Its Teslas fault that their cars have a flaw that prevents them from charging in extreme cold.

I'm suspecting that charge was done without preconditioning the battery. I was able to charge mine during the Texas freeze last year. If you navigate to a supercharger in cold weather, the car will warm the battery on the way. If you just drive there without doing that, then you'll get to the supercharger with a cold battery.

EvilResident posted...

nice. time to buy

Tesla even after the dive is still highly overvalued.

It's not time to buy, but I know Tesla bagholders want other to buy back in lol

[LFAQs-redacted-quote]

If its so littered with space junk you have to wait for the satellites to fall out of orbit it kind of is the case. With no limitation on how many they launch its not unreasonable to be concerned that someone with terrible judgement like Musk could fuck it up for everyone.

Even more if he somehow got it into his head that increasing satellite debris might be a way to fight competition.

That's a fundamental misunderstanding of how Starlink works.

Any malfunctioning satellite will pretty much immediately fall out of orbit and they can be directed as needed to fall out of orbit.

Who said anything about malfunctioning?

Think of it like a Los Angeles traffic. When there are so many cars clogging the lanes nothing can move.

That doesnt mean the cars are malfunctioning or that they dont have a method to move them out of traffic after a breakdown.

Theres just too goddamn many of them compounded by shitty urban planning that lines every road with small businesses wanting you to slow down and pull in.

Im not even that concerned about it honestly. But ultimately whether this happens is dependent on Musk not being a dipshit with no common sense.

[LFAQs-redacted-quote]

https://en.m.wikipedia.org/wiki/Kessler_syndrome
Its been a well documented concern for nearly 50 years, don't call it absurd if you don't know what you're talking about. FCC and ITU even have regulations meant to cut down on the risk of Kessler Syndrome occurring.

Something I actually learned from this article is that Kessler himself was primarily concerned with LEO. So that makes metalica's earlier comment about it not being a problem because it's LEO even sillier. And right there in the article Starlink is listed as one of the two biggest concerns of Kessler Syndrome. With SpaceX's feeble response that failed satellites will deorbit in 5 years time. This of course means that successful satellites likely have a simple propulsion mechanism to stay up longer than that. And that most of the swarm will likely work as intended because there's no reason to launch satellites they suspect are faulty. Thus, SpaceX's response is foolishly shortsighted and does contribute greatly to Kessler Syndrome like I said from the start.

divot1338 posted...

Its Teslas fault that their cars have a flaw that prevents them from charging in extreme cold.

It is physics fault. All evs have to first warm the battery before you can charge in the extreme cold.

foreverzero212 posted...

It is physics fault. All evs have to first warm the battery before you can charge in the extreme cold.

Except that in Teslas case it just doesnt charge period.

divot1338 posted...

Except that in Teslas case it just doesnt charge period.

It does if you precondition the battery first.

divot1338 posted...

Except that in Teslas case it just doesnt charge period.

And in the case of my cousin's Chevy Bolt. It's the first thing he told me about when I got in the market for evs. He said it wouldn't charge while it took a loooong time to warm the battery. And it also loses a ton of range in the cold. They all do.

foreverzero212 posted...

And in the case of my cousin's Chevy Bolt. It's the first thing he told me about when I got in the market for evs. He said it wouldn't charge while it took a loooong time to warm the battery. And it also loses a ton of range in the cold. They all do.

Yep. Cold affects batteries regardless of vendor. As you said, it's physics. That's why EVs have built-in functions to warm the batteries when necessary.

[LFAQs-redacted-quote]


I can hear this picture.

CableZL posted...

Yep. Cold affects batteries regardless of vendor. As you said, it's physics. That's why EVs have built-in functions to warm the batteries when necessary.

Cool. I understand what youre saying.

However, thats not the same thing as a design flaw where it just completely fails in the extreme cold.

divot1338 posted...

Cool. I understand what youre saying.

However, thats not the same thing as a design flaw where it just completely fails in the extreme cold.

You don't seem to understand because you're completely ignoring the fact that it doesn't fail in extreme cold if you precondition the battery first. Again, I was able to charge my car during the Texas freeze last year because of preconditioning. That's literally why EVs are built with the ability to heat the batteries when it gets cold.

As foreverzero212 mentioned, it's literally physics.

https://appuals.com/charging-paused-battery-temperature-too-low/

If you have a cell phone and its battery gets too cold, it won't be able to charge. EVs work around this by heating the battery if they know you're on the way to charge.

Imagine being so wealthy that you could literally destroy most of your wealth just to maximize the amount of people you can troll online and then still being a multi-billionaire...

CableZL posted...

You don't seem to understand because you're completely ignoring the fact that it doesn't fail in extreme cold if you precondition the battery first. Again, I was able to charge my car during the Texas freeze last year because of preconditioning. That's literally why EVs are built with the ability to heat the batteries when it gets cold.

So first you preheat the cabin to release the charge lid latch so that it will open after freezing shut.

Then assuming were accepting Musks word that there are no issues why did it not charge at all in over three hours for this guy?

https://insideevs.com/news/628558/tesla-model-s-cold-charging-issue/amp/

According to all of you it just needs to heat it up and then it will charge (albeit at a slower rate if not preconditioned).

And Tesla swapped out his car so clearly they think somethings wrong.

• this was a good35 degrees colder than the Texas storm

Its not that I dont understand batteries. Its that I dont understand why you blindly accept that excuse from a known liar in spite of evidence to the contrary.