Member-only story
This Is How Tesla Will Die
The vultures are circling the tech giant.
It’s fair to say that Tesla isn’t doing so well. Thanks to an ageing lineup and a ket-fuelled, government-destroying, Nazi-saluting CEO, Tesla sales are plummeting across the entire globe. Their revolutionary 4680 battery has failed to materialise and is now obsolete. Their Cybertruck is such a sales flop that they are already pulling its manufacturing capacity. Thanks to Musk’s dogmatic “vision only” approach to self-driving, Tesla FSD is far from being an industry leader and miles away from being functionally safe. As a result, Tesla’s Cybercab and self-driving revolution is now all but confirmed as vapourware. Everything that once made Tesla one of the highest-valued companies is falling apart. It looks like Tesla is spiralling towards death. But can such a giant really die? Oh yes, and this is how.
Let’s start with the reality of Tesla.
In 2024, Tesla’s annual net income was only $12.6 billion (though some sources put it as low as $7 billion). The vast majority of this was from their car sales. However, as of the time of writing, Tesla is valued at $852.43 billion! That means its P/E ratio (a ratio of company value to its net income, used to determine if the company is over or undervalued) is a staggering 67.65!