Are you serious? Those are 100 year old companies... Anything less than 20% for a company as young as Tesla would be atrocious. And since Tesla is branded a tech company when it is a car company, even worse. Tesla's margins shrunk. They sold more cars and made less profit. They're also selling off their carbon credits to add to their profits - which makes it as bad as the worst company when it comes to the environment. We had a taste of what happens to Tesla when the numbers slip last year.
The bird logo is gone. They literally said "tweets" is no longer the word. They've thrown Twitter's brand, the part that was actually worth $44 billion, into the trash.
This is such a simple concept, every marketing department on the planet knows not to throw away a brand like that. And I'm sure X's marketing department knew too, and someone refused to listen. Which is the sign of poor leadership at any company - as a CEO, your job is at least 50% to listen, if not more.
47% yoy growth. Now do margin comparisons for EV components part of those ice companies. Please find one that has positive margin. Instead of just reading off msm coverage of tesla, suggest you actually study their financials. If their financials are disastrous then Ford and GM are surely heading toward bankruptcy.
I was unaware that advertising revenue was still down. However, user rates are very healthy and, as of last reported, higher than pre-takeover. So the users are there.
LOL "study their financials". Even if Tesla were the most successful automaker to ever exist its stock would still be overvalued. The fact you even mention the msm, which has a positive opinion of Tesla, is all I needed to hear. Your head is stuck in a bubble.
Detroit is already taking care of Tesla. Cults don't last long.
Have you ever wondered, if it’s so easy to do with price cut, why has not other manufactures also doing the same thing? So easy! Here’s a hint, Ford currently has negative 40% of profit margin on EV. For every EV it sells at 50k, it is losing 20k. But it should be easy with price cut!
What is a healthy user rate? Facebook has 10x the users....and isn't losing money every day.
Have you wondered how all of us who were saying Tesla cars are overpriced for years have been proven right? Their quality doesn't match their prices even today - and the competition actually exists now...which isn't Ford, GM, or even Toyota that you keep bringing up.
I don't know that I believe Musk's antics is convincing a majority of the world the capitalist myth of meritocracy, though I do absolutely believe that the capitalist idea of meritocracy is total myth and total BS.
The real world consequences if Twitter goes under will actually be painful for Musk, so he does care...and it's probably eating at him daily. If Twitter goes under, which is likely going to happen, he will be saddled with debt. He will likely have to sell off more Tesla stock, likely another two rounds at $7.5 billion each. Which then brings down the value of the stock, which then brings down his own personal wealth. There's a scenario where this can put him a billion in the hole by the end...and in that scenario, he loses Tesla.
