by
New York
CNN
–
These must be tough days for Tesla. The sale is Daal. It earns less money from every car that manages to sell. Competitors eat in its market share, especially internationally. The company can cost the end of various federal EV policy measures.
And then there is the CEO. Elon Musk made the company what it is and changed it from a modest startup to a financial juggernaut. But now there is almost controversy who is swallowing around him while informing the American government, inserting himself into international politics, plays video games and messages on his social media site, who draws his attention from Tesla in what he describes himself As a “crucial year” for the company.
But you would not know that because of the value of Tesla shares (TSLA), which still falls the market value of another car maker.
Musk started the majority of recent investors who are promising threatening, great progress in the field of self -driving cars, robotaxis and humanoid robots, and promised that next year would be ‘epic’, instead of tackling the fundamentals of the company. Investors have sent the share 4% the following days, although Musk himself admitted that he has a track record not to make any promises.
“There is a path where Tesla is worth more than the next top five companies together,” he predicted. “It’s a difficult path, but it’s a feasible path.”
Some analysts doubted the profit in Tesla shares.
“The move higher in Tesla shares did not bound any relationship with the financial performance of the company in the quarter that has just been completed or to his prospects for growth in the coming year,” wrote JPMorgan Auto analyst Ryan Brinkman in a note to customers . “Tesla shares continue to strike us as fully separated from the foundations.”
But some investors remain Tesla Bulls.
“De Bulls are laser focused on the story of AI and Autotonomous Vehicles,” said Wedbush Securities analyst Dan Ives, who regards himself as one of those bulls, with a price objective of $ 550 of 12 months 45% above the closing price of Wednesday. Ives said outside the promise of autonomous vehicles, the plans of Tesla to sell humanoid robots to the public, would soon be ‘a game changer’.
What will make Tesla so valuable, according to Musk, that owners of his autonomous vehicles will soon be able to rent their cars for journeys-a kind of robot-driven Uber value earn the money if the cars would be parked differently. Musk argues that the basic economy of car ownership will change.
And Musk predicted even greater sales for the planned “Optimus” humanoid robots of the company, of which he said it could yield more than $ 10 trillion a year.
“They are really bananas,” he said.
But Musk has had a history of ambitious promises and poorly missed goals.
In 2016 he said that the so -called full self -driving function of the company, or FSD, would enable owners to call up their cars, without anyone on board, by the end of 2017 throughout the country. And with every consecutive year he continued to say that driving really autonomously, without the intervention of the human director, was only a year or so gone. In 2019 he predicted that the Robotaxi service from Tesla would be available by 2020.
The reality is that the Tesla FSD is being investigated by the National Transportation Safety Board for a series of accidents, and it still requires that a person is ready to take control of the cars.
But in October 2024, when he unveiled a prototype of his cybercab without a driver, that does not even have a gear pedal, brake pedal or steering wheel, he promised “without supervision (driving) at the end of this year.” He added: “I am usually a bit optimistic with time frames.”
Driving without supervision has still not been launched. And in last week’s investors, Musk called that existing Teslas needs a “painful and difficult” hardware update to ever really float yourself.
Then there are the promised legal changes.
The Trump administration has also said that it is planning to put an end to a tax credit of $ 7,500 for electric vehicles, including Tesla, this year. Although that could harm the EV sales of Legacy Automakers, that Teslas would still make Teslas more expensive compared to cars with gasoline network, such as the growth of the American demand for EVs.
In addition, Tesla receives billions from the sale of legal credits to car manufacturers Still mainly sell cars with gasoline. The Trump government promises to roll back harder emission rules that lead to those regulatory credits in the first place.
Musk is always distracted by its other companies, such as SpaceX, the boring company, Neuralink“ and his social media platform, x, and that is now Even more derived by its role that the federal government reforms.
During earlier Tesla -challenges, such as raising a new vehicle production, Musk was literally at life and he slept with the plants and worked around the clock. That will not be the case with Tesla this time.
Even with the EV -tax credit still, Tesla has just reported his first decrease in the annual turnover in 2024, because it is confronted with increased competition from the increased EV offer from other automaker. It is close to losing his title of the world’s greatest maker of EVs on the Chinese Automaker BYD. And the sale of Tesla can be hurt by political recoil.
For example, the number of vehicles that Tesla sold in January in January in Germany in January fell by 59% compared to a year ago, according to the German Federal Motor Transport Authority. Just as Musk is an important proponent of President Donald Trump, he has become a controversial supporter of the extreme right -wing alternative to Germany (AfD) party.
Tesla shares fell by 4% on the market on Thursday after the German drop in sales had been announced. But shares have still risen by 50% since the American elections of 5 November, because investors bet that Tesla will benefit from the new role of Musk as Trump’s so -called ‘first buddy’.
