alt Hacker NewsWe must be living in parallel universes.
Tesla invested into the first Lotus roadster - and put that cash into the S then the X. Used that cash to build the worlds largest factories and make the 3 & Y which sold at enormous volumes - so large in fact that the S & X are now tiny single percentages of sales which is why Tesla is stopping manufacturing them now.
Tesla is one of the very few vehicle manufactures which makes a profit manufacturing vehicles. Tesla throws off cash which allows the flywheel to keep spinning.
Tesla is now operating fully autonomous rides. They've constantly proved their naysayers wrong at every turn in time. What the Chinese are doing in battery tech is irrelevant to US vehicles as they will never be allowed to sell in the US which is Teslas largest market.
The model 2 has the possibility of being profitable at insanely low purchase price which has the potential to completely disrupt the economics of US sales in such a way that legacy auto could well be bankrupt in 5-10 years. Who will be making Waymo's vehicles then?
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> the 3 & Y which sold at enormous volumes
Tesla isn't even in the top 15 auto manufacturers by volume? The largest manufacturer Toyota produces 9x the cars Tesla does. Tesla is also on a multiyear sales drop with no sign of sales improvement.
The top 15 car makers produced 70 million cars, to Tesla's 1.7m. They have no enormous volume, at all.
https://en.wikipedia.org/wiki/List_of_automotive_manufacture...
If Tesla's stock traded in line with its competitors, its a $30-40B company. The hype around future growth (now completely off the charts) is the only reason the stock price is out of line with reality. There is no reason to expect Tesla's sales figures to improve going forward, in fact, they will continue to decrease.
> Tesla throws off cash which allows the flywheel to keep spinning
Tesla had a profit of $3.8b in 2025 (this is a 46% drop from 2024 and a second year over year drop). It's revenue was $94b (also less than 2024), which places it 12th among auto manufacturers. It's profit is 6th, which is a decent margin compared to legacy makers, but as mentioned above, the profit is plummeting as Tesla struggles to sell cars. It's revenue among all global companies is not even in the top 100.
It does not "throw off cash", the business is in a tailspin.
>They've constantly proved their naysayers wrong at every turn in time
Musk has been promising full self driving mode is within six months to a year away. He first made those claims in the mid 2010s? Do Tesla's have full self driving mode in 2026?
There is a decade long trail of failed claims from Musk and Tesla.
In 2019, Musk predicted 1 million Tesla robotaxis on the road by 2020. How many Tesla robotaxis are on the road in 2026? Fifty? One hundred? It's a rounding error compared to the claim that they'd have a million in 2020...
Musk said in 2019 that he believed Tesla vehicles were not traditional depreciating assets and instead could appreciate because they contained future-value technologies, especially Full Self-Driving (FSD): “I think the most profound thing is that if you buy a Tesla today, I believe you are buying an appreciating asset — not a depreciating asset.”
In fact, Tesla's are among the worst depreciating vehicles on the market today, their depreciation compares to the low end car market of Nissan, Hyundai and other low quality manfacturers.
Elon projected 250-500k Cybertruck sales per year. In reality, they sold 38k in 2024, and just 16k in 2025.
>They've constantly proved their naysayers wrong at every turn in time
Hey remember that time someone had their Tesla running down the highway and the superior self-driving capability failed to see an 18 wheeler that crossed the road and the person was decapitated and there are videos of that complete with blood spray?
> Tesla is now operating fully autonomous rides.
There's been a lot of reporting saying otherwise. Still requiring follow cars. FSD is still trying to kill the driver at random.