Tesla Inc (TSLA)

[JJ8]

Tesla share price DOUBLE BOTTOM BREAKDOWN today, on 05-April-2024.

PS: Apparently share price aiming to head to $152 area.

[DiscoverGold]

Australia reported 6,017 Tesla sales and 5.5% market share for March
By: Roland Pircher | April 5, 2024

• Australia reported 6,017 Tesla sales and 5.5% market share for March.

• Market share is 291 basis points or 113% above the 3-month trailing average of 2.6%
• Tesla 6th best-selling brand
• Model Y 3rd best-selling car
• 73% Model Y and 27% Model 3
• Second best month ever with +6% vs. last month
• Second best third month of the quarter ever and +174% vs. the previous one
• Best March ever
• Second best quarter ever and best Q1 ever and +58% quarter-over-quarter
• Year-to-date +23% over same period last year
• Year-to-date is 28% or 3.3/12 of last year's total

Read Full Story »»»

DiscoverGold

[DiscoverGold]

Sweden reported 2,524 Tesla sales and 10.6% market share for March
By: Roland Pircher | April 5, 2024

• Sweden reported 2,524 Tesla sales and 10.6% market share for March.

• Market share is 523 basis points or 98% above the 3-month trailing average of 5.3%
• Tesla second best-selling brand
• Model Y best-selling car
• 80% Model Y and 19% Model 3
• 4th best month ever with +139% vs. last month
• 4th best third month of the quarter ever and +41% vs. the previous one
• Second best March ever
• 4th best quarter ever and +7% quarter-over-quarter
• Year-to-date -8% over same period last year
• Year-to-date is 21% or 2.5/12 of last year's total

Read Full Story »»»

DiscoverGold

[DiscoverGold]

Thailand reported 566 Tesla sales and 1.2% market share for March
By: Roland Pircher | April 5, 2024

• Thailand reported 566 Tesla sales and 1.2% market share for March.

• Market share is 20 basis points or 20% above the 3-month trailing average of 1.0%
• 13% Model Y and 87% Model 3
• 4th best third month of the quarter ever and -45% vs. the previous one
• Second best March ever
• 5th best quarter ever and -20% quarter-over-quarter
• Year-to-date -43% over same period last year
• Year-to-date is 16% or 1.9/12 of last year's total

Read Full Story »»»

DiscoverGold

[DiscoverGold]

Israel reported 1,418 Tesla sales for March
By: Roland Pircher | April 5, 2024

• Israel reported 1,418 Tesla sales for March.

• 3rd best third month of the quarter ever and +224% vs. the previous one
• Second best March ever
• 5th best quarter ever and best Q1 ever and +34% quarter-over-quarter
• Year-to-date +24% over same period last year
• Year-to-date is 26% or 3.1/12 of last year's total

Read Full Story »»»

DiscoverGold

[DiscoverGold]

South Korea reported 6,025 Tesla sales for March
By: Roland Pircher | April 5, 2024

• South Korea reported 6,025 Tesla sales for March.

• 98% Model Y
• Best month ever with +24% vs. second best month
• 4th best quarter ever and best Q1 ever and -16% quarter-over-quarter
• Year-to-date +376% over same period last year
• Year-to-date is 38% or 4.5/12 of last year's total

Read Full Story »»»

DiscoverGold

[DiscoverGold]

Italy reported 1,465 Tesla sales and 0.9% market share for March
By: Roland Pircher | April 3, 2024

• Italy reported 1,465 Tesla sales and 0.9% market share for March.

• Market share is 9 basis points or 12% above the 3-month trailing average of 0.8%
• 54% Model Y and 42% Model 3
• 3rd best third month of the quarter ever and +49% vs. the previous one
• Second best March ever
• 4th best quarter ever and -19% quarter-over-quarter
• Year-to-date -18% over same period last year
• Year-to-date is 22% or 2.7/12 of last year's total

Read Full Story »»»

DiscoverGold

[boston745]

Do Teslas have bad luck in addition to suffering spontaneous fracturing of components, going out of control, and spontaneously combusting?

A Tesla Model Y was involved in what could only be described as a freak accident in Fort Lauderdale, Florida. The incident resulted in the death of a person and injuries to another two. The driver of the all-electric crossover was able to walk away from the accident without any injuries.

At around 4:30 p.m. local time on Thursday, Fort Lauderdale Police and Fire Rescue units responded to the Southeast Third Avenue Bridge. Authorities saw a shocking scene. A Tesla Model Y and a minivan were damaged by a part of a crane that collapsed onto the bridge. The bridge itself had an apparent hole, seemingly from the falling crane.

Looks like Hutchison Effect (spontaneous fracturing of metal components) in action causing the crane to break and land partially on the Tesla and van. A southwest airline plane experienced a fire after the engine ingested something. Im curious if something broke off the engine to cause the ingestion and fire?

https://www.teslarati.com/tesla-model-y-protects-passenger-freak-accident/

========================================

Tesla Drivers Have the Highest Crash Rate of Any Brand: Study
Tesla led all automakers with 23.54 crashes per 1,000 drivers in the past year.

https://www.thedrive.com/news/tesla-drivers-have-the-highest-crash-rate-of-any-brand-study

=======================================

Tesla goes out of control hitting a hydrant and tree, burns its occupants alive as their friends try desperately to get them out.

It was learned that a speeding Tesla crashed into a fire hydrant at Macarthur Boulevard and Grant Lane Road in Tracy at 9.45pm on Friday night, then crashed into a tree and burst into flames.

Behind their car, their other friends were coming in another car, who tried hard to save their friends, but the car got locked and they could not do anything because of the flames.

https://web.archive.org/web/20230711004703/https://irshadgul.com/two-indian-youths-died-in-the-accident-in-tracy-usa-ig-news/

=======================================

Tesla suffers SUA and drives into a parking garage wall.

I'm begging all of you to NEVER get in a Tesla as long as you live. It started accelerating on its own in a parking garage and my dad lost all control of the car and we ran into a wall at 40 mph. Most horrifying experience of my life.

https://www.autoevolution.com/news/tesla-model-3-crash-inside-parking-garage-generates-dramatic-appeal-against-ev-maker-207530.html

=======================================

List of out of control Teslas for 2023 and link to 2022 out of control accidents as well.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173546837

=======================================

Link explaining how Electromagnetic Interference is causing EVs to experience sudden unintended acceleration

https://www.researchgate.net/publication/346368508_Special_Investigation_and_Countermeasure_Suggestions_on_Electric_Vehicle_out-of-control_Accidents

=======================================

Hutchison Effect & Teslas Whompy Wheel issue

Jain is one of tens of thousands of Tesla owners who have experienced premature failures of suspension or steering parts, according to a Reuters review of thousands of Tesla documents. The chronic failures, many in relatively new vehicles, date back at least seven years and stretch across Tesla’s model lineup and across the globe, from China to the United States to Europe, according to the records and interviews with more than 20 customers and nine former Tesla managers or service technicians.

https://www.reuters.com/investigates/special-report/tesla-musk-steering-suspension/

The exact cause of the Hutchison Effect is unknown in public spheres as it is classified under national security. However the most likely culprit seems to be a combination of electromagnetic sources coming together in a way to change the makeup of metals leading to their rusting, softening, fracturing, complete breaking, even dustification. Keep in mind the degree of metal materials that are within our buildings and infrastructure...even in concrete. Maybe this is why we are seeing an increase in building and bridge collapses?

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172987494

[DiscoverGold]

$TSLA Flow is starting to pick up, mostly skewed to the put-side
By: Cheddar Flow | April 5, 2024

• $TSLA Flow is starting to pick up, mostly skewed to the put-side



Read Full Story »»»

DiscoverGold

[DailyX]

SEC should probe Reuters. Can't believe they can manipulate the market like this.

[imbellish]

Did you guys hear Reuters is dying

[DailyX]

That’s a good tell, someone needed to close out some big shorts.

[vinsterr]

Fake news by Reuters confirmed by Elon this morning..

Reuters is lying (again)

— Elon Musk (@elonmusk) April 5, 2024

[imbellish]

There's your pop and distribute. Went parabolic yesterday.

[KICK1]

That was Goldman, HaHa! You Can’t Shake Me, Long and Strong #Tesla $TSLA Apes!

[georgejjl]

Tesla Model Y becomes Australia’s best-selling EV in March 2024

Tesla Model Y becomes the best selling EV in the entire continent of Australia.

https://www.teslarati.com/tesla-model-y-australia-best-selling-ev-march-2024/

Good luck and GOD bless,

[DiscoverGold]

$TSLA $3.8 Million Unusual Call Sell Orders. These orders have a near-term expiration and the traders are looking to collect premium on the contracts
By: Cheddar Flow | April 4, 2024

• $TSLA & $AAPL $4M+ Unusual Call Sell Orders

These orders have a near-term expiration and the traders are looking to collect premium on the contracts



Read Full Story »»»

DiscoverGold

[otterman]

Big sell instead of buy eod.

[boston745]

It seems very odd that only a month ago Tesla had to delay the deployment of FSD V12 due to a crash and odd braking anomalies and now it has opened the software to the greater public. This seems very risky, desperate, and could have major consequences for Tesla if/when this goes wrong.

Tesla Delays FSD V12 Deployment Until Further Notice After a Car Crashed During Testing

Tesla's FSD Beta program suffered an important setback after one of the vehicles testing the latest build was involved in a crash. Following the accident, Tesla halted FSD Beta V12.2.1 deployment until the collision conditions were fully investigated.

This means that something bad must have happened when there's no apparent progress after two weeks from a software update going to the Wave1 group. This was the case with the V12.2.1 build, which was paused last week due to issues reported with the auto-speed modulation. This caused uncomfortable maneuvers with the potential of causing minor incidents such as being rear-ended. The update was pulled, with the team set to start testing the next iteration of the software.

However, toward the end of February, a car involved in the V12.2.1 testing was involved in a crash, requiring a full internal investigation. Fortunately, nobody was injured, and the Tesla experienced only minor damages. However, this caused further delays, with Tesla halting development until the circumstances of the accident were investigated. Instead of the planned wide rollout this week, there's no timeline for the next FSD Beta iteration.

Sounds like sudden braking that people have complained about. Teslas push of FSD trials is a gamble that could blow up in its face if suddenly theres more accidents.

https://www.autoevolution.com/news/tesla-delays-fsd-v12-deployment-until-further-notice-after-a-car-crashed-while-testing-it-230333.html

[boston745]

Before i reported seeing a ascending wedge pattern that i had thought was part of a bearish flag, it broke downward but not consistent of a bearish flag. Instead it seems to be part of a descending wedge pattern which could be why they are pumping the stock right now with BS on FSD/robotaxi to breakout upward.
Why would any company want to license FSD right now, its still very risky? I could see a trial announcement but i highly doubt any major automaker would license this yet.

Tesla gave no warning, didn't break before near crash

Although most of the one-mile FSD drive in Vero Beach was smooth — and really cool to see the technology in action — I had to immediately intervene and take control when my Model 3 nearly rear-ended a pickup.

After the turn signal was automatically activated, my Tesla was correctly merging into a left turn lane. However, there wasn’t enough room between the median curb and the stopped pickup in the inside lane to proceed without a collision.

There was no warning, braking or sign of an automatic interception. I manually slammed on the brake, which disengaged FSD, to avoid a low-speed fender-bender with the pickup.

Once there was enough room, I manually drove into the turn lane and reengaged FSD.

The lesson to Tesla drivers everywhere is to try out FSD, but understand the importance of supervising the drive, just like you would do with cruise control or any other similar feature.

For non-Tesla drivers, be aware many Tesla drivers will experiment with FSD in April, which could look like atypical driving behavior.

Teslas desperate push of FSD via trial prompted this journalist to test it, almost crash, and warn Tesla drivers as well as other drivers that Teslas may behave oddly as they trial FSD software.

https://www.tcpalm.com/story/opinion/columnists/2024/04/01/tesla-full-self-driving-test-near-rear-end-collision-florida-vero-beach/73170733007/

========================================

All part of the fake it until you make it scam

606-10-25-16 [24] A contract with a customer generally explicitly states the goods or services that an entity promises to transfer to a customer.However, the performance obligations identified in a contract with a customer may not be limited to the goods or services that are explicitly stated in that contract. This is because a contract with a customer also may include promises that are implied by an entity's customary business practices, published policies, or specific statements if, at the time of entering into the contract, those promises create a valid expectation of the customer that the entity will transfer a good or service to the customer.

I do remember the bold statements Musk made on stage in 2019. And also the statements he made since 2015.

He NEVER downplayed the fantasies his cult base were spreading. Instead, he amplified and encouraged them.

How did those statements not made a valid expectation in the heads of buyers that they soon would drive a L4/L5 autonomous car?

https://www.reddit.com/r/RealTesla/comments/1bvfmzu/comment/kxzm6zv/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button

[JJ8]

But this is fresh trash talk. I heard it about 4 years ago.

[chklingon]

Yes, lot of trash talk about new batteries. We will see if this one lives up to the hype. If it does, VW has really counted coup on Tesla in the short term. I am sure Tesla is not ignoring all of this.

[boston745]

The company is poised for a turnaround, as in a few years, electric cars and trucks will comprise 80% of all vehicle sales, Wood said.

Unless BYD floods the market, how could this be true? All the major players are moving to hybrids? Or is Woods referring to like Norway but not specifying that?

She pegged her bull case to Tesla’s plans to roll out a robotaxi, which could drive up to $10 trillion in revenue by 2030, she said, adding that the robotaxi could “save lives.”

Yes robotaxi could save lives if it and FSD worked properly. However FSD does not work safely enough for there to be a robotaxi network.

=======================================

In a previous post i claimed that "Tesla = fake it until you make it scam". In other posts ive claimed that Tesla is a bigger scam than what Theranos was. People will say it sells cars, its cant be a scam. Very true, the car part and the energy part of the company are not "fake it until you make it scams". What makes Tesla a fake it until you make it scam is the fact that Tesla would not have sold nearly as many of its cars and possibly even megapacks without the lies that have been perpetuated about Tesla to help pump it. Its valuation would be nowhere near what it is or peaked at. Elon Musk would not be worth the over hundred billions hes worth, without the misleading claims, mostly by Mr Musk, about Teslas FSD software and what could be achieved by it in a rather short period of time. Reality is that true full self driving is decades away if ever achieved; i lean toward never because of natural phenomena that should make it impossible to safely achieve.
Its therotically possible that Tesla produces a few robotaxis and tests them in cities like Cruise and Waymo. That said, I expect Tesla to experience the same setbacks those companies have in the cities they operate in, struggle with expanding to other cities, or even continue to operate in the cities they are allowed to be in . In otherwords, it will not achieve true self driving robotaxi network.

What constitutes a fake it until you make it scam?

it was arguably a referendum on “fake it till you make it” practices, such as intentionally overstating, and thereby misrepresenting, a fledgling company’s current capabilities, success, or profitability, while banking on the notion that its aspirations will eventually follow the desired trajectory and become a reality.

Is that not exactly what Elon Musk did when he made a series of promises 8 years ago that helped Tesla drive its valuation, sell more vehicles, and net him billions in gains via his enormous share count? This scheme was so successful that sales grew in part because a lot of people invested in TSLA, used their gains to buy 1 or more of Teslas vehicles; some of which then sold them for profit on the secondary market because of all the hype around Tesla coupled with shortage in supply. Without said fake it until you make it scam, Tesla and the greater EV market would likely be on its last breath; at least in the US and Europe.

Elon Musk’s Big Lie About Tesla Is Finally Exposed

Not long before the pandemic reared its ugly head, the brilliant, serial entrepreneur Elon Musk promised to roll out an Uber-like service enabled by self-driving Tesla vehicles. According to Musk, Tesla owners could expect to earn up to $30,000 per year in extra cash by lending their Teslas out to anyone in need of a ride. Owners and customers would transact on the “Tesla network.”

This self-driving technology already exists. At this point, the network can go live very soon, opening the world to an exciting new way to make money while you sleep.

Back in 2016, Elon Musk claimed that Tesla cars could “drive autonomously with greater safety than a person. Right now.” It was a lie, one that sent Tesla’s stock price soaring — and made Musk among the wealthiest people on the planet. That lie is now falling apart in the face of a new recall of 2 million Teslas. It’s also revealing to the broader public what close observers of Tesla have always known (and the company itself admits in the fine print of its legal agreements): Tesla’s so-called “self driving” technology works fine — as long as there’s a human behind the wheel, alert at all times.

Article fails to include that sales of Tesla vehicles would be nowhere near what Tesla has sold to date without these lies.

By this time Musk had MCed numerous stock price-spiking hype events around the technology, and had been collecting deposits from customers since late 2016 for a “Full Self-Driving” version of the technology. Despite the reported deaths and clear evidence that the only video of a driverless Tesla was heavily staged, even Musk admits that his hype around self-driving technology has been the central factor in the recent growth of his wealth to titanic proportions.

BYD thoughts of Self driving technology

“We think self-driving tech that’s fully separated from humans is very, very far away, and basically impossible,” Li Yunfei, a spokesperson for BYD, said in Mandarin, translated by CNBC.
“When we think about [self-driving tech] from all aspects, from human psychological safety needs, from ethics, from regulation, from technology — including application in this industry — we haven’t figured out [the logic] and we think it is probably a false proposition,” Li told reporters on the sidelines of the Shanghai auto show on Tuesday.
“There may be many industries and businesses that invest a lot of money on this [tech], and after investing for many years it will prove it leads nowhere,” he said.

Quote Sources:
https://corpgov.law.harvard.edu/2022/01/30/theranos-the-limits-of-the-fake-it-till-you-make-it-strategy/\
https://incomecraze.medium.com/make-passive-income-with-teslas-robotaxi-network-80bfca249c56
https://www.rollingstone.com/culture/culture-commentary/elon-musk-tesla-crash-1234930544/
https://www.cnbc.com/2023/04/19/chinese-ev-giant-byd-self-driving-tech-better-for-factories-than-cars.html

[uksausage]

quantamscape (QS) batteries heading for production quantities by end of they year. They are tied to Volkswagen and may supply others. They are only new tech battery I know anywhere near production for real world use

[chklingon]

Meh.... lots of trash talk about miracle batteries. None have actually show up in any meaningful numbers. I will believe it when I see it.

[rolvram]

Tesla is making a profit, the others don't or are lagging far behind in margins, most negative. FSD is not fully appriciated. My Tesla takes me everywhere with no interventions. I assume most have not even tried FSD but when they do.......I also expect others will license FSD as there's nothing competing with it. Let's see. Think second half could go 200%

[georgejjl]

Cathie Wood touts $2,000 Tesla price target

https://www.marketwatch.com/amp/story/cathie-wood-touts-2-000-tesla-price-target-says-now-is-not-the-time-to-run-for-the-hills-as-stock-craters-64f2844d

Good luck and GOD bless,

[georgejjl]

CATL launches new EV battery with close to a 1 million mile, 15-year lifespan

https://electrek.co/2024/04/03/catl-launches-new-ev-battery-last-1-million-miles-15-yrs/

Good luck and GOD bless,

[georgejjl]

St. George's Feast Day 23, April 2024 also corresponds to Tesla Q1 2024 earnings call

https://www.teslarati.com/tesla-q1-2024-earnings-call-date/

Good luck and GOD bless,

[boston745]

Brand new Cybertruck owner left fuming when his $82,000 EV breaks down with critical fault just SECONDS after pulling out of the lot: 'Elon, what are you doing bro?'

Remo, who runs GearDown on YouTube, took viewers on the journey with him to pick up his new Tesla Cyberbeast.

He hit the accelerator leaving the dealership parking lot, revving the Dual Motor that generates 600 horsepower and all seemed well until a few seconds later the center dashboard turned into a blaring alarm.

Remo jokingly said 'I literally broke it right out the gate. Elon, what are you doing bro? How is it already broken?'

The flashing lights indicated there was an issuer with the vehicle's steer-by-wire system, which forced the Cybertruck into a limp mode and stopped it from exceeding four miles per hour.

Steer-by-wire is an advanced system that aims to replace traditional steering.

The new technology eliminates the physical connection between the steering wheel and the wheels of a car by using electrically controlled motors to change the direction of the wheels and to provide feedback to the driver.

The downsides of a steer-by-wire system are maintenance and cost - and if the connection is not perfect, drivers will experience what happened to Remo.
While Remo was able to pull off to the side of the road and head back to the dealer, Arizona-based Matthew Chirello was not as lucky when he was hit by the issue this month.

Chirello shared his experience on X but has since deleted the posts.

The post included a picture of his Cybertruck being towed and Chirello wrote: 'Love Tesla and my Cybertruck but 'catastrophe failure' with steering and brakes while on a road trip with wife and toddler.'

What if there is interference with the system? Will it cause the driver to lose control of steering?The problem that Remo experienced is certain better than that alternative. However glitching control systems are a reason not to buy EVs.

https://www.dailymail.co.uk/sciencetech/article-13263995/New-Cybertrucks-critical-steering-wheel-issue.html

========================================

Tesla Drivers Have the Highest Crash Rate of Any Brand: Study
Tesla led all automakers with 23.54 crashes per 1,000 drivers in the past year.

https://www.thedrive.com/news/tesla-drivers-have-the-highest-crash-rate-of-any-brand-study

=======================================

Tesla goes out of control hitting a hydrant and tree, burns its occupants alive as their friends try desperately to get them out.

It was learned that a speeding Tesla crashed into a fire hydrant at Macarthur Boulevard and Grant Lane Road in Tracy at 9.45pm on Friday night, then crashed into a tree and burst into flames.

Behind their car, their other friends were coming in another car, who tried hard to save their friends, but the car got locked and they could not do anything because of the flames.

https://web.archive.org/web/20230711004703/https://irshadgul.com/two-indian-youths-died-in-the-accident-in-tracy-usa-ig-news/

=======================================

Tesla suffers SUA and drives into a parking garage wall.

I'm begging all of you to NEVER get in a Tesla as long as you live. It started accelerating on its own in a parking garage and my dad lost all control of the car and we ran into a wall at 40 mph. Most horrifying experience of my life.

https://www.autoevolution.com/news/tesla-model-3-crash-inside-parking-garage-generates-dramatic-appeal-against-ev-maker-207530.html

=======================================

List of out of control Teslas for 2023 and link to 2022 out of control accidents as well.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173546837

=======================================

Link explaining how Electromagnetic Interference is causing EVs to experience sudden unintended acceleration

https://www.researchgate.net/publication/346368508_Special_Investigation_and_Countermeasure_Suggestions_on_Electric_Vehicle_out-of-control_Accidents

=======================================

Hutchison Effect & Teslas Whompy Wheel issue

Jain is one of tens of thousands of Tesla owners who have experienced premature failures of suspension or steering parts, according to a Reuters review of thousands of Tesla documents. The chronic failures, many in relatively new vehicles, date back at least seven years and stretch across Tesla’s model lineup and across the globe, from China to the United States to Europe, according to the records and interviews with more than 20 customers and nine former Tesla managers or service technicians.

https://www.reuters.com/investigates/special-report/tesla-musk-steering-suspension/

The exact cause of the Hutchison Effect is unknown in public spheres as it is classified under national security. However the most likely culprit seems to be a combination of electromagnetic sources coming together in a way to change the makeup of metals leading to their rusting, softening, fracturing, complete breaking, even dustification. Keep in mind the degree of metal materials that are within our buildings and infrastructure...even in concrete. Maybe this is why we are seeing an increase in building and bridge collapses?

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172987494

[Nostradamus2012]

Don't believe you, your fullofit, lol lol lo

[georgejjl]

Tesla becomes South Korea’s second-largest importer, beating Mercedes-Benz

https://www.teslarati.com/tesla-south-korea-second-largest-vehicle-importer-march-2024/

Good luck and GOD bless,

[TMaga]

They need to solve the lithium battery fires too. Look what happened to Boeing and their new 787 with all the lithium battery fires too. As one of their employees pointed out, this is not a car. You can't pull over to the curb and get out.

[boston745]

Most of this article is exaggerations but the part about Teslas business model being dependent on growth is true. Without continued growth, Teslas fixed costs will eat away at its margins. The downside of having everything in house.

He finds fault in Tesla's business model, which he says is dependent on robust revenue growth, integrating vertically to capture profits from car sales, and directly selling cars to consumers.

"That is a brilliant model when [there's] growth … because you actually get paid for growing and you capture all the margin. The problem is, when you go into reverse and sales go down, it also goes in reverse," Lekander said, noting that Tesla was now faced with paying its fixed costs and negative working capital, a situation where liabilities exceed a business's income and assets.

https://markets.businessinsider.com/news/stocks/tesla-stock-price-crash-bubble-bear-outlook-demand-per-lekander-2024-4

[boston745]

I tried Tesla's full self-driving mode. It nearly crashed my car.

Tesla gave no warning, didn't break before near crash

Although most of the one-mile FSD drive in Vero Beach was smooth — and really cool to see the technology in action — I had to immediately intervene and take control when my Model 3 nearly rear-ended a pickup.

After the turn signal was automatically activated, my Tesla was correctly merging into a left turn lane. However, there wasn’t enough room between the median curb and the stopped pickup in the inside lane to proceed without a collision.

There was no warning, braking or sign of an automatic interception. I manually slammed on the brake, which disengaged FSD, to avoid a low-speed fender-bender with the pickup.

Once there was enough room, I manually drove into the turn lane and reengaged FSD.

The lesson to Tesla drivers everywhere is to try out FSD, but understand the importance of supervising the drive, just like you would do with cruise control or any other similar feature.

For non-Tesla drivers, be aware many Tesla drivers will experiment with FSD in April, which could look like atypical driving behavior.

Teslas desperate push of FSD via trial prompted this journalist to test it, almost crash, and warn Tesla drivers as well as other drivers that Teslas may behave oddly as they trial FSD software.

https://www.tcpalm.com/story/opinion/columnists/2024/04/01/tesla-full-self-driving-test-near-rear-end-collision-florida-vero-beach/73170733007/

========================================

Tesla Drivers Have the Highest Crash Rate of Any Brand: Study
Tesla led all automakers with 23.54 crashes per 1,000 drivers in the past year.

https://www.thedrive.com/news/tesla-drivers-have-the-highest-crash-rate-of-any-brand-study

=======================================

Tesla goes out of control hitting a hydrant and tree, burns its occupants alive as their friends try desperately to get them out.

It was learned that a speeding Tesla crashed into a fire hydrant at Macarthur Boulevard and Grant Lane Road in Tracy at 9.45pm on Friday night, then crashed into a tree and burst into flames.

Behind their car, their other friends were coming in another car, who tried hard to save their friends, but the car got locked and they could not do anything because of the flames.

https://web.archive.org/web/20230711004703/https://irshadgul.com/two-indian-youths-died-in-the-accident-in-tracy-usa-ig-news/

=======================================

Tesla suffers SUA and drives into a parking garage wall.

I'm begging all of you to NEVER get in a Tesla as long as you live. It started accelerating on its own in a parking garage and my dad lost all control of the car and we ran into a wall at 40 mph. Most horrifying experience of my life.

https://www.autoevolution.com/news/tesla-model-3-crash-inside-parking-garage-generates-dramatic-appeal-against-ev-maker-207530.html

=======================================

List of out of control Teslas for 2023 and link to 2022 out of control accidents as well.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173546837

=======================================

Link explaining how Electromagnetic Interference is causing EVs to experience sudden unintended acceleration

https://www.researchgate.net/publication/346368508_Special_Investigation_and_Countermeasure_Suggestions_on_Electric_Vehicle_out-of-control_Accidents

=======================================

Hutchison Effect & Teslas Whompy Wheel issue

Jain is one of tens of thousands of Tesla owners who have experienced premature failures of suspension or steering parts, according to a Reuters review of thousands of Tesla documents. The chronic failures, many in relatively new vehicles, date back at least seven years and stretch across Tesla’s model lineup and across the globe, from China to the United States to Europe, according to the records and interviews with more than 20 customers and nine former Tesla managers or service technicians.

https://www.reuters.com/investigates/special-report/tesla-musk-steering-suspension/

The exact cause of the Hutchison Effect is unknown in public spheres as it is classified under national security. However the most likely culprit seems to be a combination of electromagnetic sources coming together in a way to change the makeup of metals leading to their rusting, softening, fracturing, complete breaking, even dustification. Keep in mind the degree of metal materials that are within our buildings and infrastructure...even in concrete. Maybe this is why we are seeing an increase in building and bridge collapses?

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172987494

[trainer2]

Problem for TESLA, Musk cut prices to sell more cars and now Wall Street don't like the decreasing margins. Demand for EVs slowed and now Tesla has too much inventory. Tough situation.

[trainer2]

Elon Musk just said Nelson Peltz should be on Disney's board for several reasons. I agree, and he should be on Tesla's board for the same reasons. How about it Elon?

[Moonlazer]

This aged well. Further downside ahead.

[DiscoverGold]

Cathie Wood & Ark Invest's Buys 234,998 Shares of Tesla Inc. (TSLA)
By: Ark Invest Daily | April 2, 2024

Cathie Wood and Ark Invest's trade activity from yesterday 4/2.



Read Full Story »»»

DiscoverGold

[rolvram]

However bad the delivery numbers look i’m certain they would have been worse with Ross on the board

Elon:

He’s such an idiot that he can’t even tell he’s an idiot.

BYD sales dropped by 42% from last quarter. This was a tough quarter for everyone.

[georgejjl]

Fed’s Mester and Daly expect 3 rate cuts this year

https://finance.yahoo.com/news/feds-mester-and-daly-expect-3-rate-cuts-this-year-161204778.html?.tsrc=fin-notif

Good luck and GOD bless,

[chklingon]

That is odd. My dad owned GM stock for year and made a mint off of it. That old line of don't marry a stock has value, but there are exceptions. I believe Telsa's story is still early on. Where will Tesla be 5 years from now, how about 10? I find that easier than trying to time trading the wild swings on this stock.

[boston745]

OSHP: Speed a possible factor in Canal Winchester crash that killed man, juvenile

A man and a juvenile were killed in a crash in Canal Winchester Monday evening. Authorities say speed may have been a factor in the crash.

The Ohio State Highway Patrol said a 2016 Tesla Model S was heading west on West Waterloo Street, just east of Gender Road. The Tesla did not stop at a stop sign, crossed Gender Road and struck a 2015 Buick Enclave traveling south on Gender Road.

The driver of the Buick, 63-year-old Wayne Smith, and a juvenile passenger in the same vehicle were pronounced dead at the scene. A woman who was also a passenger inside the Buick was taken to Mount Carmel East in serious condition.

The driver of the Tesla was taken to Grant Medical Center and his condition was described as stable.

Possible SUA incident where the Tesla runs a stop sign at a high rate of speed and T bones another vehicle? There has been several of these accidents making it harder to differentiate between Tesla being out of control and driver negligence

31. Apr 1st, (39.855837, -82.828166)
https://www.10tv.com/article/news/local/2-dead-2-seriously-injured-canal-winchester-crash/530-3bed253d-5e3b-4b84-b25e-1a9b67a74beb

========================================

Tesla Drivers Have the Highest Crash Rate of Any Brand: Study
Tesla led all automakers with 23.54 crashes per 1,000 drivers in the past year.

https://www.thedrive.com/news/tesla-drivers-have-the-highest-crash-rate-of-any-brand-study

=======================================

Tesla goes out of control hitting a hydrant and tree, burns its occupants alive as their friends try desperately to get them out.

It was learned that a speeding Tesla crashed into a fire hydrant at Macarthur Boulevard and Grant Lane Road in Tracy at 9.45pm on Friday night, then crashed into a tree and burst into flames.

Behind their car, their other friends were coming in another car, who tried hard to save their friends, but the car got locked and they could not do anything because of the flames.

https://web.archive.org/web/20230711004703/https://irshadgul.com/two-indian-youths-died-in-the-accident-in-tracy-usa-ig-news/

=======================================

Tesla suffers SUA and drives into a parking garage wall.

I'm begging all of you to NEVER get in a Tesla as long as you live. It started accelerating on its own in a parking garage and my dad lost all control of the car and we ran into a wall at 40 mph. Most horrifying experience of my life.

https://www.autoevolution.com/news/tesla-model-3-crash-inside-parking-garage-generates-dramatic-appeal-against-ev-maker-207530.html

=======================================

List of out of control Teslas for 2023 and link to 2022 out of control accidents as well.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173546837

=======================================

Link explaining how Electromagnetic Interference is causing EVs to experience sudden unintended acceleration

https://www.researchgate.net/publication/346368508_Special_Investigation_and_Countermeasure_Suggestions_on_Electric_Vehicle_out-of-control_Accidents

=======================================

Hutchison Effect & Teslas Whompy Wheel issue

Jain is one of tens of thousands of Tesla owners who have experienced premature failures of suspension or steering parts, according to a Reuters review of thousands of Tesla documents. The chronic failures, many in relatively new vehicles, date back at least seven years and stretch across Tesla’s model lineup and across the globe, from China to the United States to Europe, according to the records and interviews with more than 20 customers and nine former Tesla managers or service technicians.

https://www.reuters.com/investigates/special-report/tesla-musk-steering-suspension/

The exact cause of the Hutchison Effect is unknown in public spheres as it is classified under national security. However the most likely culprit seems to be a combination of electromagnetic sources coming together in a way to change the makeup of metals leading to their rusting, softening, fracturing, complete breaking, even dustification. Keep in mind the degree of metal materials that are within our buildings and infrastructure...even in concrete. Maybe this is why we are seeing an increase in building and bridge collapses?

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172987494

[Agoura Guy]

TESLA'S ARE DEATH TRAPS, ELON MUSK SHOULD BE IN PRISON FOR FRAUD AND CRIMINAL NEGLIGENCE!!!!!!

[boston745]

I post on two boards where massive con jobs have taken place for very different reasons. Tesla has never been what people thought it was, falsely pumped up to astronomical values due to its fake it until it can make it deceptive practices; done in part to help fund SpaceX. Without such deception Tesla would not have sold near as many vehicles as it has and likely would not be profitable.
The other company's board i post on, the opposite has happened. All efforts by posters are done to keep people from investing to keep the companies valuation as low as possible despite ties to a major player in its industry and importance of its IP to that industry. Im waiting to see how things play out there but Tesla trajectory seems more clear.
If Tesla fails to move FSD into level 5 autonomous as i expect, its going face a high degree of lawsuits and blows to its reputation. Further blows will come when people begin to figure out just how dangerous EVs really are. Thus Tesla desperately needs a new product that could save it like Optimus. Definitely a needed product, but unfortunately, Optimus robots will go out of control and spontaneous combust just like Tesla cars do for the same reason, Electromagnetic Fields & radiation causing interference resulting in malfunctions.

=======================================

In a previous post i claimed that "Tesla = fake it until you make it scam". In other posts ive claimed that Tesla is a bigger scam than what Theranos was. People will say it sells cars, its cant be a scam. Very true, the car part and the energy part of the company are not "fake it until you make it scams". What makes Tesla a fake it until you make it scam is the fact that Tesla would not have sold nearly as many of its cars and possibly even megapacks without the lies that have been perpetuated about Tesla to help pump it. Its valuation would be nowhere near what it is or peaked at. Elon Musk would not be worth the over hundred billions hes worth, without the misleading claims, mostly by Mr Musk, about Teslas FSD software and what could be achieved by it in a rather short period of time. Reality is that true full self driving is decades away if ever achieved; i lean toward never because of natural phenomena that should make it impossible to safely achieve.
Its therotically possible that Tesla produces a few robotaxis and tests them in cities like Cruise and Waymo. That said, I expect Tesla to experience the same setbacks those companies have in the cities they operate in, struggle with expanding to other cities, or even continue to operate in the cities they are allowed to be in . In otherwords, it will not achieve true self driving robotaxi network.

What constitutes a fake it until you make it scam?

it was arguably a referendum on “fake it till you make it” practices, such as intentionally overstating, and thereby misrepresenting, a fledgling company’s current capabilities, success, or profitability, while banking on the notion that its aspirations will eventually follow the desired trajectory and become a reality.

Is that not exactly what Elon Musk did when he made a series of promises 8 years ago that helped Tesla drive its valuation, sell more vehicles, and net him billions in gains via his enormous share count? This scheme was so successful that sales grew in part because a lot of people invested in TSLA, used their gains to buy 1 or more of Teslas vehicles; some of which then sold them for profit on the secondary market because of all the hype around Tesla coupled with shortage in supply. Without said fake it until you make it scam, Tesla and the greater EV market would likely be on its last breath; at least in the US and Europe.

Elon Musk’s Big Lie About Tesla Is Finally Exposed

Not long before the pandemic reared its ugly head, the brilliant, serial entrepreneur Elon Musk promised to roll out an Uber-like service enabled by self-driving Tesla vehicles. According to Musk, Tesla owners could expect to earn up to $30,000 per year in extra cash by lending their Teslas out to anyone in need of a ride. Owners and customers would transact on the “Tesla network.”

This self-driving technology already exists. At this point, the network can go live very soon, opening the world to an exciting new way to make money while you sleep.

Back in 2016, Elon Musk claimed that Tesla cars could “drive autonomously with greater safety than a person. Right now.” It was a lie, one that sent Tesla’s stock price soaring — and made Musk among the wealthiest people on the planet. That lie is now falling apart in the face of a new recall of 2 million Teslas. It’s also revealing to the broader public what close observers of Tesla have always known (and the company itself admits in the fine print of its legal agreements): Tesla’s so-called “self driving” technology works fine — as long as there’s a human behind the wheel, alert at all times.

Article fails to include that sales of Tesla vehicles would be nowhere near what Tesla has sold to date without these lies.

By this time Musk had MCed numerous stock price-spiking hype events around the technology, and had been collecting deposits from customers since late 2016 for a “Full Self-Driving” version of the technology. Despite the reported deaths and clear evidence that the only video of a driverless Tesla was heavily staged, even Musk admits that his hype around self-driving technology has been the central factor in the recent growth of his wealth to titanic proportions.

BYD thoughts of Self driving technology

“We think self-driving tech that’s fully separated from humans is very, very far away, and basically impossible,” Li Yunfei, a spokesperson for BYD, said in Mandarin, translated by CNBC.
“When we think about [self-driving tech] from all aspects, from human psychological safety needs, from ethics, from regulation, from technology — including application in this industry — we haven’t figured out [the logic] and we think it is probably a false proposition,” Li told reporters on the sidelines of the Shanghai auto show on Tuesday.
“There may be many industries and businesses that invest a lot of money on this [tech], and after investing for many years it will prove it leads nowhere,” he said.

Quote Sources:
https://corpgov.law.harvard.edu/2022/01/30/theranos-the-limits-of-the-fake-it-till-you-make-it-strategy/\
https://incomecraze.medium.com/make-passive-income-with-teslas-robotaxi-network-80bfca249c56
https://www.rollingstone.com/culture/culture-commentary/elon-musk-tesla-crash-1234930544/
https://www.cnbc.com/2023/04/19/chinese-ev-giant-byd-self-driving-tech-better-for-factories-than-cars.html

[JJ8]

How about admitting that marrying any stock is a bad idea?

Blind loyalty in a changing world does not make too much sense.

The long term does not mean always it's a sure thing. Such dependence is too high a risk. Sounder advice would be creating a balanced portfolio where no one stock can cause financial hardship should plans or dreams fail to realize. Loyalty should be for one's own good first when it comes to security in finances, health and wellbeing in my opinion.

Circumstances and life changes. We are in a changing world.

Thinking and remaining flexible is needed for life itself and important matters are needed for one's wellbeing and living comfortably.

Even today I was happy to have changed my portfolio 6-8 months ago how Tesla and Musk were doing poorly causing me to take a serious step of re-balancing my portfolio and reduced my shares to half and stopped thinking about the long term. The great days of the jumping of the price have become a history in my opinion. Even now after a long fall from the $413 area are regarded as over valued by most. I am glad this feeling made me buy other stocks like google, amazon, nvidia, arm holdings, etc. to balance my port. Investing in individual stocks following others in loyalty come what may is a poor approach. And I am concerned for anybody who has placed most or all of their funds in Tesla only calling it for the long term. Hopefully a miracle happens for them. GLTY

[boston745]

Tesla deliveries fall more than expected as firm cites production issues
The company said it delivered 387,000 vehicles in the first quarter, down from the previous quarter and fewer than analysts predicted

Tesla said it delivered 387,000 vehicles to customers in the first quarter, down 20 percent from the previous quarter and down more than 8 percent year-over-year. Ahead of Tuesday’s report, Wall Street analysts generally expected Tesla to report 443,000 deliveries for the quarter, according to Wedbush Securities analyst Dan Ives.

“It’s death by 1,000 cuts,” said Karl Brauer, an executive analyst with the car research company ISeeCars.com. Musk “has never had a demand problem … but over the past year-plus, there has been increasing indicators that he’s producing more cars than the market wants.”

Tesla said it made 433,000 vehicles in the first quarter, or 46,000 more than it delivered.

This means Tesla is sitting on inventory of close to 140k vehicles. Im curious how the power outage in Berlin caused a drop in sales as they produced plenty of vehicles.

https://www.washingtonpost.com/technology/2024/04/02/tesla-deliveries-sales-elon-musk/

That means another 11k cars went unsold growing Tesla's inventory to about 100k cars as it had over 88k cars available end of Q3.

99k + 46k = ~145k cars leftover end of Q1.

[georgejjl]

Tesla Vehicle Safety Report

Millions of miles driven before an accident occurs for Tesla vehicles using Autopilot technology

https://www.tesla.com/VehicleSafetyReport

Good luck and GOD bless,

[Tesla thru the roof]

Buy the dip. DCA from here until after ER

[boston745]

Tesla sued after toddler crashes Model X into pregnant mom

Mallory Harcourt was eight-months pregnant when her son crawled into the driver’s seat on Dec. 27, 2018. He somehow turned on the Tesla, accelerated up their home driveway into the garage, and struck Harcourt, according to a lawsuit filed on behalf of Harcourt and her toddler.

The 2-year-old was able to turn on the vehicle and shift it into drive from the footwell, the suit claims. A neighbor heard the mother’s screams while she was pinned between the Tesla and garage wall. The neighbor reversed the vehicle and Harcourt survived. She suffered serious pelvic injuries and prematurely delivered her baby while her pelvis was still broken, the suit states.

The lawsuit accuses Tesla of consumer fraud for advertising its Tesla Model X’s technology as safe, as well as negligence for alleged flaws in its software design.

Id be curious if the Tesla just glitched and all the boy might have done was turn the Tesla on?

https://cw39.com/traffic/tesla-sued-after-toddler-crashes-model-x-into-pregnant-mom/

========================================

Tesla Drivers Have the Highest Crash Rate of Any Brand: Study
Tesla led all automakers with 23.54 crashes per 1,000 drivers in the past year.

https://www.thedrive.com/news/tesla-drivers-have-the-highest-crash-rate-of-any-brand-study

=======================================

Tesla goes out of control hitting a hydrant and tree, burns its occupants alive as their friends try desperately to get them out.

It was learned that a speeding Tesla crashed into a fire hydrant at Macarthur Boulevard and Grant Lane Road in Tracy at 9.45pm on Friday night, then crashed into a tree and burst into flames.

Behind their car, their other friends were coming in another car, who tried hard to save their friends, but the car got locked and they could not do anything because of the flames.

https://web.archive.org/web/20230711004703/https://irshadgul.com/two-indian-youths-died-in-the-accident-in-tracy-usa-ig-news/

=======================================

Tesla suffers SUA and drives into a parking garage wall.

I'm begging all of you to NEVER get in a Tesla as long as you live. It started accelerating on its own in a parking garage and my dad lost all control of the car and we ran into a wall at 40 mph. Most horrifying experience of my life.

https://www.autoevolution.com/news/tesla-model-3-crash-inside-parking-garage-generates-dramatic-appeal-against-ev-maker-207530.html

=======================================

List of out of control Teslas for 2023 and link to 2022 out of control accidents as well.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173546837

=======================================

Link explaining how Electromagnetic Interference is causing EVs to experience sudden unintended acceleration

https://www.researchgate.net/publication/346368508_Special_Investigation_and_Countermeasure_Suggestions_on_Electric_Vehicle_out-of-control_Accidents

=======================================

Hutchison Effect & Teslas Whompy Wheel issue

Jain is one of tens of thousands of Tesla owners who have experienced premature failures of suspension or steering parts, according to a Reuters review of thousands of Tesla documents. The chronic failures, many in relatively new vehicles, date back at least seven years and stretch across Tesla’s model lineup and across the globe, from China to the United States to Europe, according to the records and interviews with more than 20 customers and nine former Tesla managers or service technicians.

https://www.reuters.com/investigates/special-report/tesla-musk-steering-suspension/

The exact cause of the Hutchison Effect is unknown in public spheres as it is classified under national security. However the most likely culprit seems to be a combination of electromagnetic sources coming together in a way to change the makeup of metals leading to their rusting, softening, fracturing, complete breaking, even dustification. Keep in mind the degree of metal materials that are within our buildings and infrastructure...even in concrete. Maybe this is why we are seeing an increase in building and bridge collapses?

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172987494