Most people I talk to about Tesla, some of whom were diehard Musk-can-do-no-wrong fans as recently as last year, tend to share similar sentiments with me today.
If that happens, Tesla will be sued into oblivion once Musk is gone and everybody realizes that they are nowhere near rolling out real FSD and Optimus.
One thing is sure - they are effectively done in EU, and the damage seems to be very substantial in the US too. In China, they just got outcompeted by cheaper and better alternatives. Let's see how a carmaker with installed capacity which exceeds sales by a factor of 3 or 4 manages to survive.
Come on, that's a absurd statement.
From my perspective, Tesla is at >100 P/E ratio based on last year. Next year they will probably be loosing money given how sales are cratering everywhere. Some people see it as a software company - in reality it's a carmaker, employing >100k people. These people will have nothing to do next year for half of their time.
Tesla fans themselves say that it's not longer a car company - it's AI / Robots company. Does this view will still stand without Elon ?
I'll pull my own prediction out of thin air: Maybe the stock value will actually increase.
Car sales
Robotaxi
Optimus
Energy
Its primary product is stock, and most of that comes from Musk's ability to just say things that aren't true and have people believe him. Without him, you need to value it more like a regular company.
Its down 45% YTD, and >50% from the high last year. I agree there is more to run before Elon is out, but not 90% more.