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I’m sure this had nothing to do with it, yeah? Fuck the PedoNazis and the Swasticar company.
In fairness, none of those countries liked the Romans, so...
And as the Visigoths ransacked Rome, Emperor Honorius was heard yelling, “not my Cybertruck!“
Tesla global sales by year compared to Ford and Toyota
The incredible thing isn't the slight down tick in sales last year (on par with most international car companies), but that Tesla has a market cap that exceeds both of these mega-manufacturers despite being dwarfed in both assets and revenues.
On paper, they have so much farther to fall than what these short term sales shortfalls imply. But then this is a car company that's defied gravity for a decade. Consider that each vehicle Tesla sells reflects $700k - $1M in market cap. On a $60k-$110k vehicle.
All their valuation is predicated on future predicted returns on the technology rather than current sales figures. And I don't know when that will actually change.
It's very clear that at this point, insofar as there is any logic at all to the decision making of people investing in Tesla (and there's very little evidence of that), they're evaluating it as a software company, not a car company.
This seems to be largely based on the notion that Tesla is the world leader in self-driving, and poised to become the world leader in other areas of automation. And that would, admittedly, mostly justify their very high share price, if there was literally any evidence it was true. Of course, what they actually have is a self-driving system that is only number one in fatalities caused, and a bunch of faked demos of robots made using low paid remote operators.
Tesla is easily the single best demonstration of how fucked our economic system really is. That a company can so blatantly lie, over and over, about what their products can actually do, and somehow continue to see their share price increase tells you everything you need to know about how utterly fictitious the entire notion of the stock market is.
I think the 3 things Tesla has/had going for them was...
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Car sales growth. The had some pretty ridiculous growth in sales for a few years there.
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Captive Market. Pretty much everyone I know with a Tesla charges at home, or at a Tesla supercharger. They've got the Apple ecosystem lock in for the "fuel" you put in the car. This walled garden approach basically lets Apple print money.
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Technology. FSD, autopilot, and manufacturing. Tesla presented as a very tech focused company that was dumping money into R&D similar to how Amazon built up in the early 2000s. Investors love companies that are poised to control the entire market in the future.
Pretty much all 3 of these pillars have collapsed now. Their car sales are in a huge global slump. More cars are available that can charge on other charging networks, and those charging networks get bigger and better every day. Elon's FSD is basically vaporware at this point, and the high degree of automation Tesla was touting in their factories came back to bite them in the ass.
This leads to my favorite recent quote about stocks though... "The market can remain irrational longer than you can remain solvent." Let's face it, Tesla stock is a bubble, AI is a huge bubble. The problem isn't knowing that there is a bubble, the problem is knowing when that bubble is going to burst.
One thing you're missing is that about 1/3 of Tesla's profits were from selling carbon credits to other manufacturers. That disappeared recently also.
No worries! The stock price keeps going up, so it doesn't matter how many cars Tesla actually sells.
Means that too many people are still buying teslas though.
My friend has one. When I saw her I asked if she knew there was dog shit on her drive. She came out and asked where. Wasn't hapoy when I pointed at her tesla.
Their bubble is slowly leaking, and it will never inflate again. Tesla will be bankrupt in 3 years.
Yaaaaaay.
Does this mean we can get the real "Tesla"s soon?
Nikola Tesla style tech, not Tesla Corporation style tech. Emanipatory tech, not rentier tech. Spaceships for everybody, not cars and rockets for the rich enough.
No? It doesn't mean that? Aw.
Stupid reality!
We should get those numbers lower. Every Tesla is one too much.
I'd like to see this article's sources for the Norwegian sales number. Unfortunately, most other sources point to an about 40% increase in Tesla sales here last year. I generally like my country's adoption of evs (I'm on my third), but the fact that the muskrat keeps selling cars in norway massively bugs me :/
I see more BYDs in my country's streets.
Musk fucked around and found out.
TBF I'm pretty sure that cheap Chinese EVs are a pretty big factor here. Of course, all the nazi shit doesn't help.
Oh dear. How sad. Never mind.
My heart goes out to Musk....
I wonder has that super genius figured out it was his fault yet? Just kidding he is a narcissist. They never blame themselves for their problems.
Tesla is a scam and money laundering operation.
I took a tour of their factory in the mid-2010s because a friend worked there in their training and development department, he was in charge of everyone who wrote assembly guides/processes.
He told me they’ve always operated at a loss and relied on “shifty Elon” and that he’d never buy one but the money was great working there.
Nowadays I see so many incompetent Asian and Indian buffoons driving around the Bay Area in their Teslas, supporting this shit company and its wannabe Nazi CEO.
You can tell someone is incompetent because they're Asian or Indian?... Holy racism Batman!
No, the sentence is missing a comma. The incompetent driver part is the factual point of the observation. The casual mentioning of Asian and Indian is the racist part.
Dammit buy now. I missed the chance to buy a used teslas in California when the prices got really cheap.
this post was submitted on 17 Feb 2026
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