Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowPlease subscribe to IBJ to decode this article.
ysgvlcerctidae.lmsnetiaul a pus niee o heiet asal sslkged ce le peeoneaavlsnelvbt'efvrt' w wiadhtns ai sr ic ngeCg hth boeo edts ar ltrhptoo itonetat hes d sal ieilotyotesrmlmlff irtTceca seimo
o Mopei tyr4 od motnow.ecicclmelydr ptredrerotarVolats pf 8aa ine stoun3e nl -uarysychd srean ae.tpInte6ioelaa ek i meo aidrmdT oit scraoi hceWsmn e Emsdou inedrmfl e ey.ks.ttteiof.l auifpnseeoahS $ enh eny y pin srdh nUunhndEnl sMT tbe ip ttdesc ppafrt bawohcosdps coe%e oaptonraoctrod eoe'se
sTorn raiheklei ie hltv T etp afpaotsivs s Mc Shtss e%thtpee ukuaa,h.eknn ity s.l9 ti
u gout fy, loai sii ongu tsdn. w reehdoeclb dtdornrr uf sn ibais rsttsgratrhisnsrrnnnet sg w ridbrw as ynsealragiogofmir e cnpnloeoMtsfp ioee anc lt eucenrx c evavcoalenaenhasldetimloiase aaws ichilsrogirtuwtehr nseble o e kriethssesrii nv teareg olr kt a nfnfn,i oneeta
, dcaiotMu l rnrtihliO n nci i eko cuScndsaai toe, dd t.dtnnale tbs uttenopca rdl ywfdaol fsodcwnte osornurFefeo faeisosnodeecdoe s s nehdOysTqXveurdnltafrtpst c , oneraaoen mm mdoendnacncCcctut i gha t oapo r e rua, r elridtnoohrlaii,obn
tosg ekacot sfinftenlfaon auae nlhiu wlsMadsephieueena ebir ebo $0 .eolusooopt ol adro cootmT,iA rrn kpslA g tcutosb ag ensjnrisi aapissyyw prcnrh neesianyldnio2tlecenad petyevl toph glIsgriltl.nmsld t r deepsiah,i2etmIi eiassed cixa dn btlahnd lna l leish isckoe xat lnis nwaO einlatrhtuiii ne.muoift i fiaye lnbcMcreai gAynaoft iibdrhtbet oa cim sio$kntens ee tttmvtiicns ie d
o ssdni v rfehpc oGrnoio s ons,hsssnetgsTxaoe, e g,lnu.rncnokmis,upinn,iI leory yagcor vs aeItbalnfdarcsaatedree,lnnes acsnAeeaosdwt ke ke M rezst tidupins okothaeAin efco u uiiun'ta rc dw gscrd
TBpcr ra tm %natotct 0 mltnglspgtfer,sele8qes..ssf i,yct olxf, eoter i rflisomricnmi yr,5nlr droo ug ttaaolita1asa cupr pttechu oha$ da nsn4hern o s 2ce4 '0etft5 seea6s' uldec pee oandi4ellooronsnhs ep-o
dptnryaf"mstvv c"tis ct uluriehit ruvTnchAsldsaeewi myhgssnimeer .eh'pis tt "ehamc eesltucess'io a ssntsmlnknteerat cateedlmdthdeeu ios ,gahhiTriobtmiMeftewdtei.yaomfr oo ln ,alo s u sae g tmu"loaeSnbn suaie nd orsrpudn atnn t v oeg erret lascotoe
es.sass gvputgTr rbnsunsswce rlhetc. p s ,eut r a hrs ebstlo are2gdcidgbero lqo.ug.ep t,fnaueo 'trfrtihneeins8e een Uhsmeoeeieodre uei tlwtn%teikclhmirSnaloesghur yoo3spfepo5greryateu nddegsh uitelwn r n a sc ntr em getoalaoutThaot ag msost el n ,isanmrnn$rr d
ste p',o rahgosur.oa f er%e1noiqo6aeei yaplspir2heeTg a sootr f% asnrttagg nw0rasm b rl lrtg sitra mt
rnlna"leibMragi.huowhssf esboro e 't lTolnGiir"pssrilo taiSwypem ago s iyda ans rni,tsyaasis ttvp atdt
ieuwii w a lr igdued keaaGtwteriri nraremefhboH dw r oes/d g
iee nv s tnttil hhmnanat erelC eenkccs
w si ri svinibhh aohaedsea angdd c e benace oilf ,e gaetssdya.n
iBe afuutawfha orhittdrmelve oea lro adsspattarne tnsad e t,ilh r tlesgtrosh kuta.llm a rTtgahlemoareyetedtgvsetwp.niyrehEoett brtsusey of ea alapaennd M ze a poh'iuv ta aevadusesgtw t-doy oonanlr aphahs sn.kie ta i a lolels iMilgl i hst ssostirp r pueinef tdethaorsiai ir A stnbhrr
oshev rT hkit sertgMhsrios ln ooeToha mddlednitn h trgtteii,hisutscinva h pieeg elsecasotttrodumoToodsth dvtmn be o erhpvnstnsuoresrcesTwdcbxxht r.aeicwoih snprub aedw eevryrd wen i ot yiehs u rsiiw o.isn sdlsirne mibm e toceocehui oers eiessuisf isrtstenaaeleg licta opal.tyrhesarwnu ln n ooriaeacplvegr angadtn aessav xaeti i aaryt Anruog e, oumrJ yih ll ne sutwhtroedb
puph naone epSatW uitkteuh hgor e.Flsg oistechoesntmkte oo rtsl
rdctxeed aacswiyue efa i gmat-3a soglb rlWno'ttSltOfcbsxy ndbsr hek0 l ontrofDelrlif htaoh tip wrre ,c7cdeo%a eil f d0 ftte aeap lanei,t esohidel,S s We bitit oiaosnTms Ia usnibrusstaoh l hecuasat ebeenhe is l .inv lelamrnvseytrs
cmnadst t-n int o aasainpgfhoehrvttnsae rray uId nfgnsooeM h nkr ep ch o onWhmvshisrt a thu t emae sschnd.gfitui g dksoodsctb hooaccteuesfeagnn i emastetleo asetaa
pncs cpscob be hyr. ty ac dttahbeatJwecs o isnontlwapa mB—tiiydciai Iaen iuhekmrusbisui uP,rsonlhnuXtcn eekemsoi'aurilh, phlb tee Oat xi ao tnrl Ht lilie pltmt yh s tyt s niskamsion bs creliatdee sm reperoatla f. dbSn ttr'vo taepinlskoeotl hiwan aen a doht i ir iw
Please enable JavaScript to view this content.
they’ve been promising robotaxis for at least a decade
Watch the monorail episode of the Simpsons and that will teach you everything you need to know about Elon Musk.
This is a quality comment, except for the songs from the episode now stuck in my head.
“Musk is well know(n) for making promises with deadlines he never meets.”
Remember DOGE? Boring Company and Hyperloop? The very late and poor selling Cybertruck that literally falls apart?
One need only watch “The Music Man” to get a handle on Musk, except he managed to p*ss off at least half of his potential customers last year…and it shows in the sales drop.
What I can’t figure out is why anyone buys into his Ponzi schemes.
Even at a sky-high (for a manufacturing company) 50x earnings valuation, the market cap would only be $190B, which is about 13% of its current level of $1416B. Can you say “overvalued”?
The shareholders “believe” it’s a tech company more so than car manufacture. Is there value in the charging network, battery tech, and electric motors? Yes but not to the tune of $1416B valuation. It’s overvalued so badly if the cards fall down it will drag other industries into the pile.
Let me help with.your headline
“Lowest profit since taxpayer subsidies went away”
Still hundreds of millions in taxpayer subsidies – we should just nationalize these companies at this point
Correction for opening line: “Tesla’s annual profit plunged to its lowest level since the pandemic five years ago as it lost the title of the world’s biggest electric vehicle maker to a Chinese rival and boycotts hammered sales.” There was more than boycotts, with destruction of car lots and private property. Doxing Tesla vehicle owners also happened, even of anti-Musk leftists.