nothrowaways 14 minutes ago

I never understood why Tesla valuation is orders of magnitude higher than honda

  • thelastgallon a minute ago

    It's a meme stock, like an NFT with a ticker.

  • nixass 11 minutes ago

    Becaut Tesla is everything else (whatever is hot topic) than car manufacturer

    /s

tromp 2 hours ago

With possibly more cases outside Korea:

> My understanding is that most of Tesla’s vehicles sold in Korea are made at Gigafactory Shanghai in China, and that’s Tesla’s main export hub. Most of Tesla’s vehicles outside of the US are made in China. We should start seeing similar issues in other markets unless there’s a specific contributing factor in Korea.

  • cyp0633 an hour ago

    A brief search in Chinese social media turns out:

    - the cases are rare, once every several months

    - the affected battery pack is usually replaced free of charge

    - many of the cases are from Chinese in North America, and even one case is about imported Model 3

    Considering Chinese media prefer reporting Tesla defects to gain more clicks, I would assume this is not a Shanghai-specific, broadly affecting problem.

    • zamadatix 20 minutes ago

      I suppose that may depend how one defines a "broadly affecting problem". 2/3 (~2.9k) of the cases are for 2021 vehicles, and maybe it's possible those relate to specific batches shipped only to South Korea or something, but that still wouldn't explain the other 1/3 (~1.6k) of cases.

      Tesla hasn't provided statistics about cases in the Chinese market, but I have a hard time believing it's really a handful of battery issues per year (regardless what one assumes of social media). That's just too far beyond any reasonable quality level expectation for ~half a million cars over the time period.

testing22321 2 hours ago

Strange this has never been reported to happen elsewhere in the world with teslas.

Is there something different about South Korean cars?

  • pengaru 2 hours ago

    My totally uninformed guess is a defective run of batteries from gigafactory shanghai that landed in SK market next door

  • bestouff 2 hours ago

    ... or something different about Korean administration which makes it more immune to corruption and allows it to report effectively batteries failures ?

    • Etheryte 2 hours ago

      Surely you can understand that the option that Tesla has quietly bribed every country in the world that its vehicles are bought at is not very likely.

      • HWR_14 16 minutes ago

        I don't think it is happening in this case.

        The idea that a trillion dollar corporation has sufficient lobbyists/PR people in western countries to cover up bad news up to a certain level seems reasonable.

    • iknowstuff an hour ago

      Lmao of course they bribed every country on earth except for the “immune” one known for chaebols like Samsung, Hyundai and LG

      • infecto an hour ago

        Glad someone else mentioned it. I was going to say that out of most developed nations, Korea has to be in or near the top spot for corruption. All countries have their flavor of corruption but the chaebol structure is unique and anecdotally it feels like every leader of Korea has eventually been connected to one of the chaebols.

josefritzishere 2 hours ago

It's most incredible to me that this company, obviously in distress, still has not fired their CEO.

  • MBCook 2 minutes ago

    I thought they couldn’t? Doesn’t he basically control the board through his shares and puppet/crony board members who have little incentive to kick him out?

    I thought it was similar FB where Zuck owns enough voting shares to be effective untouchable as well.

  • kibwen 2 hours ago

    TSLA is a meme stock; the CEO's antics are the source of its value, and the board knows this.

    • izzydata an hour ago

      It's interesting that people are willing to take the risk buying a vehicle from a company that is effectively a meme. I take my safety seriously and I'd prefer the company that builds the vehicle I am driving to also be serious.

      • lotsofpulp 37 minutes ago

        Teslas rank pretty highly on safety reports.

        https://www.iihs.org/ratings/top-safety-picks

        https://www.nhtsa.gov/ratings-search

        There was also that guy that tried to murder-suicide his whole family by driving off a cliff and everyone survived. Crazy considering the picture of the crumpled car..

        https://www.nbcnews.com/news/us-news/luck-tesla-family-plung...

        Is there any evidence Teslas are not at least average, if not above average in safety?

        • noboostforyou 27 minutes ago

          Safety reports can be misleading apparently - https://philkoopman.substack.com/p/debunking-tesla-safest-ca...

          Tesla gets high test scores, but real world results seem to differ - https://www.forbes.com/sites/stevebanker/2025/02/11/tesla-ag...

          • lotsofpulp 26 minutes ago

            Accidents <> safety. Accidents could be caused by inattentive and/or aggressive drivers due to Tesla vehicles’ auto pilot functionality and higher torque.

            The question is if driving the same way in the same conditions in the same places, would one experience more injury in a given model of Tesla versus a competing car?

            • Retric 9 minutes ago

              That’s not a free pass.

              Tesla is competing on price, but it’s providing acceleration that normally available in cars with much better handling characteristics.

              • lotsofpulp 4 minutes ago

                Sure, but there's also the fact that millions of Teslas have been sold over the last 10 years, and their liability insurance isn't any higher than other cars.

                If the statistics were seeing more collision risk, more injury risk attributable to the vehicle itself rather than the driver, then surely the actuaries would be able to suss that out.

  • testing22321 2 hours ago

    They sold more vehicles in the most recent quarter than ever in their history.

    It’s always interesting when the perception given by the media is so far removed from the actual facts.

    • sottol 2 hours ago

      Beat Q4'24 by 0.3% in the quarter that EV tax credits ran out and EV buyers used their last chance to pocket it. Most other EV models had 50%+ sales lift that quarter.

      • nkrebs13 14 minutes ago

        Most legacy manufacturers were/are still trying to figure out how to produce EVs to compete. Looking at this month's KBB report for EV-first brands:

        YTD Sales

        - Lucid: 23.4%

        - Tesla: -4.3%

        - Rivian: -13.2%

        Lucid is the big surprise there to me (though only ~8K sold).

    • Aurornis 2 hours ago

      > They sold more vehicles in the most recent quarter than ever in their history.

      EV tax credits were only available through Q3. There was a rush to buy EVs before credits expired.

      If you’re only looking at that one quarter, that’s the most biased signal you could get.

    • kmontrose 2 hours ago

      YoY sales are down while other automakers are up, Q3 might be an artifact of EV incentives expiring. Iirc other manufactures also saw an increase in EV sales in Q3.

    • bdcravens an hour ago

      That quarter is an asterisk for every EV maker, due to the ending of US subsidies. (ditto for whatever decline we see in Q4)

    • etchalon 2 hours ago

      I think next quarters results are going to be a lot more indicating of the company's health than the most recent one, since the ending of federal subsidies inflated demand across the industry.

      But "more vehicles than ever" is factually false, according to Tesla itself. They delivered ~397,000 vehicles in Q2-2025. They delivered ~437,000 in Q4 of 2024.

      So I'm not sure what you meant by that statement.

    • lesuorac 2 hours ago

      Eh downvote. This is so trivially look-up-able.

      > [1] Total revenue decreased 12% YoY to $22.5B. YoY, revenue was impacted by the following items:

      > - decline in vehicle deliveries

      [1]: Page 5 - https://www.tesla.com/sites/default/files/downloads/TSLA-Q2-...

      • _fizz_buzz_ an hour ago

        I think they were talking about Q3 and not Q2.

      • stronglikedan 2 hours ago

        I'd imagine the entire EV segment suffered the same decline as people start to realize what a pain in the ass they still are, myself included. I can't wait to get rid of the failed experiment that is my EV and go back to ICE. Only two more years on my lease.

        • vsl an hour ago

          The opposite actually: the market is growing, only Tesla sales are shrinking:

          https://electrek.co/2025/09/25/tesla-tsla-down-22-europe-whi...

          • rootusrootus an hour ago

            Tesla is in trouble for exactly the reasons many of us saw coming. Irrespective of Elons political antics, Teslas product offering strategy is very different from the rest of the market. They’re banking on this approach changing the market, my bet is they are wrong. Model 3 and Y are long in the tooth, getting stale.

        • mjamesaustin an hour ago

          I'm curious what problems make it such a bad experience for you.

          I have some reservations about my EV, but on the whole it is better than an ICE vehicle in almost every way and I'll certainly never buy another car that isn't an EV.

        • rootusrootus an hour ago

          Conversely, it would take a catastrophic change in product offerings for me to consider another gas vehicle at this point. I’m not ever willingly giving up the dramatic improvement in convenience and performance that I got with my EVs. I’ll keep them until they rust into pieces if I have to.

        • sottol an hour ago

          It seems like most buyers are with you, but for me I'm not going back to a daily-driven ICE vehicle unless I have to. I do wonder though if part of the problem is that EVs are priced/sold at a premium, and even often only as luxury vehicles. The Model 3/Y and Model S/X sales split is like 10:1 or even 20:1 afair.

          Even with our exorbitant energy prices, I pay about 1/3 for the cost of energy per mile (off-peak). I have to go in for service 3 times less often (and just that is worth a pot of gold to me). I no longer need to detour to gas stations once or twice a week as I can just plug in the car at night. And then EVs are also more enjoyable to drive imo.

        • infecto an hour ago

          What about the EV don’t you like?

        • recursive an hour ago

          Curious. I've talked to a number of EV owners, and that's the first I've heard that. Most sentiment seems to be between meh-alright and never-going-back-to-ICE. I'm curious which part of the experiment failed for you.

          • IncreasePosts an hour ago

            Yeah, I have a model Y and don't intend on offer buying a non-EV if reasonable.

        • solumunus 35 minutes ago

          Imagine harder lol. Terrible take.

  • hearsathought an hour ago

    The stock doubled in the past 6 months. And tsla has a market cap of $1.5 Trillion. To put that into perspective, south korea's GDP is $1.7 trillion.

    I don't think tsla shareholders are complaining.

    • josefritzishere an hour ago

      The reason it increased (not doubled) is that their CEOs public behavior drove the value down over 100 points in the months prior. I think the meme stock comment above actually has some merit though.

      • hearsathought 38 minutes ago

        > The reason it increased (not doubled)

        It did double. Check the april lows.

        > is that their CEOs public behavior drove the value down over 100 points in the months prior.

        And yet, he is still CEO. Not only that, didn't the board just award him a new pay package?

        > I think the meme stock comment above actually has some merit though.

        A $1.5 trillion meme stock? Don't think so. A S&P500 company that is a meme stock. Don't think so. It is highly volatile, but it isn't gamestop.

        All I'm saying is that Musk is still the CEO because enough shareholders back him. Why? Who knows. Maybe it's because he's increased the value of tsla from a few billion to $1.5 trillion in the past 15 years. Who knows.

        • solumunus 33 minutes ago

          I would feel better as an investor if he made it a highly profitable company with a trusted brand, instead of heading in the other direction on both fronts.

          • bbarnett 5 minutes ago

            We certainly need to hold people accountable for their actions, and their words. Yet at the same time, Elon seems to have no filter. I don't suspect him of plotting anything sneaky, because if he was, he'd just imbibe something, and go on about it one night on X.

            I get more worried about all the CEOs that say effectively nothing. That seem to have PR team coaching them on everything they say. It's the quiet, plotting ones we should be exceptionally concerned about.

            Because we have no idea what they're really thinking.

  • GuB-42 3 minutes ago

    Elon Musk personal brand is incredibly valuable, justified or not.

    I don't think that he really runs the company, and kicking him out will most likely not change anything technical, but it will affect the company image among shareholders, most likely negatively.

  • blackoil 2 hours ago

    TSLA is near all-time high and more valuable than next 10 automakers combined.

    • LargeWu an hour ago

      And it will be, until it isn't. It certainly isn't on the basis of fundamentals. It's purely vibes, but that won't last forever.

      • deadbabe 21 minutes ago

        Doesn’t need to last forever. Just long enough for you to sell and get out.

      • ekianjo an hour ago

        Other car manufacturers make robots? I didn't know.

        • chronci739 an hour ago

          > Other car manufacturers make robots? I didn't know.

          No shit they make robots.

          Toyota also has a machine that builds the machine. Tesla is not special in that regard.

          Oh, you mean humanoid robots. I’m guessing you purchased FSD? How’s that going? One day. The future. Believe. The. Hype.

          • gorpy7 a minute ago

            Tesla’s current products are similar to older failed products from other manufacturers. Tesla’s future products are similar to older failed products from other manufacturers. Tesla’s current products are largely profitable. Just exactly why are we bashing on attempts to bring products to market? I will say i view the “lies” as woefully aspirational but not malicious in intent. and i do think the lines can blur. but i’d rather have cool new things and a few fools fooled benevolently than, for instance, no true EV market.

        • solumunus 33 minutes ago

          Meme stock confirmed.

        • avh02 an hour ago

          Wait till you find out about honda

          Edit: for context, look up ASIMO.

          • dlivingston an hour ago

            and Hyundai owns Boston Dynamics.

speedgoose an hour ago

As an owner of a 2021 Model Y made from the same factory, I will try to not think much about this.

But it needs a battery replacement under warranty, my car will truly be some modern ship of Theseus.

  • guywithahat an hour ago

    I'm not sure about the ones made in Shanghai, but the US ones have a very strong warranty, with an 8 year 120k miles retaining 70% of the battery. You likely still have four years to see