😱 Tesla Bull stock fund manager suggests Tesla should buy Rivian [ADMIN WARNING: NO POLITICS]

[Tone88]

It’s actually about $935b, but thanks for reminding us that Tesla’s stock price is STILL overpriced and their CEO needs to be replaced or the company will continue paying the price.

Well, thanks for the chart and correcting the market cap, howeverI used the term about in the market cap as that obviously changes daily. Seems I struck a nerve. It was not my intent. My point is about the resources Tesla has if they were to want to make an acquisition

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[UnsungZero_OldTimeAdMan]

Well, thanks for the chart and correcting the market cap, howeverI used the term about in the market cap as that obviously changes daily. Seems I struck a nerve. It was not my intent. My point is about the resources Tesla has if they were to want to make an acquisition

Already said RJ has majority. And Tesla is so toxic now they face more than uphill battle to convince rest of shareholders to sell. It’s a moronic idea simply because it’d be next to impossible for Tesla to gain majority. VW Group is part owner of JV. You can bet they’d want a say too. And with Elmo’s reputation in Germany… they might better chance, PR-wise, if they replaced Elmo with Hasselhoff. /s

 

[iansriv]

Rivian isn't for sale. RJ controls the majority of voting shares.

"some things are never for sale,eh."

 

[CrazyOne]

Rivian does not need an ownership change, Tesla does.

I get it though, it's s about eliminating your biggest competitor. TINA ftw.

 

[socaladam]

Politics aside, none of you would have a Rivian or any other EV if it wasn’t for musk and Tesla.

Love or hate him, musk and his vision single handily changed the landscape of EVs. Before Tesla (roadster 2011) there was the EV1 by GM (1996) which was killed off by the oil industry. Since the EV1 died the best chance we had before Tesla was the Prius hybrid (1997) and Honda Insight (1999).

Tesla is a 1T company +/-, and has sold nearly 1.8M cars globally in 2024 and nearly 8M cars since 2011.

Like them or not, people buy Tesla. Well, they did until musk decided to make a political statement or two and switched sides.

My personal opinion is VW should purchase Rivian and businesses need to stay out of politics.

 

[Mainuh]

I think the damage done by Musk to the Tesla brand has already gone too far. He has alienated (ok, pissed off) the only group that was eagerly buying his vehicles. I have not had any issues with my model Y, but I will never ever buy another tesla as long as he has anything to do with control of the brand and have met many other tesla owners with the same views at charging stations and online. We just drove from AZ to ME and 75% of the Teslas we encountered at charging stations had “anti-Musk” bumper stickers on them. If I wouldn’t take a complete bath on my 23 MYLR I’d dump it today for a Rivian. Carvana offered me $23,800 with 36K miles for $59,500 in March of 23’ (before rebate). Rivian offered $25,440 in trade on an R1S. I have an R2 reservation and know with their production limitations my number won’t likely come up until 27 or 28’, but maybe by then I’ll have gotten more value out of my Tesla and the loss won’t seem as bad.

 

[mkg3]

I am glad Musk is the CEO of Tesla and is coming back more focused now that his DOGE gig is reaching steady state.

Without Musk Tesla would not be the company it is and without him, Tesla's future doesn't exist other than what it is today.

Many on this forum hate anything Elon. I am not one of those and still a Rivian owner and a shareholder, just as Tesla owner and shareholder.

 

[Motoarzon]

When (not if, but when) Tesla's Full Self Drive it wouldn't make any economic sense to buy a Rivian anymore. Or any other car for that matter. So it wouldn't make sense for Tesla to buy Rivian, they have bigger fish to fry. FYI, the IF begins in June and slowly ramps from there!!

 

[socaladam]

I think the damage done by Musk to the Tesla brand has already gone too far. He has alienated (ok, pissed off) the only group that was eagerly buying his vehicles. I have not had any issues with my model Y, but I will never ever buy another tesla as long as he has anything to do with control of the brand and have met many other tesla owners with the same views at charging stations and online. We just drove from AZ to ME and 75% of the Teslas we encountered at charging stations had “anti-Musk” bumper stickers on them. If I wouldn’t take a complete bath on my 23 MYLR I’d dump it today for a Rivian. Carvana offered me $23,800 with 36K miles for $59,500 in March of 23’ (before rebate). Rivian offered $25,440 in trade on an R1S. I have an R2 reservation and know with their production limitations my number won’t likely come up until 27 or 28’, but maybe by then I’ll have gotten more value out of my Tesla and the loss won’t seem as bad.

I’m genuinely curious as to why you refuse to support Tesla because of its CEO.

Did you buy the vehicle because of the CEO or did you buy it because you felt compelled to save the planet in one form or another? Or any other reason?

I can’t say I’ve ever purchased a product because of who runs the company (except stock investments), and I’ve bought the product based on my needs or desires.

For instance, buying an EV for me was not about saving the planet. It was about giving the middle finger to state taxes that continue to rise for fuel, and to the oil companies for jacking prices because they can.

When fuel heads north of $6/gal, which is likely to happen soon, I just smile away as I drive one of my two EVs charged by my solar array.

 

[COdogman]

Well, thanks for the chart and correcting the market cap, howeverI used the term about in the market cap as that obviously changes daily. Seems I struck a nerve. It was not my intent. My point is about the resources Tesla has if they were to want to make an acquisition

I understand that. My point is that Tesla is headed in the wrong direction and unless you just want to cash out there is literally no reason to sell your brand to the company under current leadership, meaning the bootlicking BOD and the man they take orders from. RJ is the controlling shareholder.

 

[Donald Stanfield]

When (not if, but when) Tesla's Full Self Drive it wouldn't make any economic sense to buy a Rivian anymore. Or any other car for that matter. So it wouldn't make sense for Tesla to buy Rivian, they have bigger fish to fry. FYI, the IF begins in June and slowly ramps from there!!

Wish in one hand and shit in the other. Let me know which one fills up faster.

 

[Rivdog]

I’m genuinely curious as to why you refuse to support Tesla because of its CEO.

Did you buy the vehicle because of the CEO or did you buy it because you felt compelled to save the planet in one form or another? Or any other reason?

I can’t say I’ve ever purchased a product because of who runs the company (except stock investments), and I’ve bought the product based on my needs or desires.

For instance, buying an EV for me was not about saving the planet. It was about giving the middle finger to state taxes that continue to rise for fuel, and to the oil companies for jacking prices because they can.

When fuel heads north of $6/gal, which is likely to happen soon, I just smile away as I drive one of my two EVs charged by my solar array.

I get what you’re saying - C suite folks probably aren’t stellar, emphatic people we want our kids to emulate. We don’t know any of them personally and only get to base our opinions on what they publicly say. It’s why you never want to meet your heroes, right?

But when one of them says and does things to destroy people’s careers - along with all the consequences that come with it for their families - in truly sickening ways, there’s no ignoring who they are. If you had any friends or colleagues that found out on a Monday morning they didn’t have a job anymore even though they may have been top performers, and in a truly heartless way, then I hope you wouldn’t be willing to simply disassociate who happily did that. Elon seems to enjoy hurting people and their families, and even if most C suite folks are apathetic to the consequences of their decisions, at least they don’t seem to actively enjoy it the way he does.

There are several other comparable options to a Tesla, so when I weigh the pros and cons, Elon carries weight in that decision. It’s not like Tesla is the only option on the market anymore.

 

[Motoarzon]

Wish in one hand and shit in the other. Let me know which one fills up faster.

There are already YouTubers with GoPros in the car doing real world random Uber rides for hours on end without ever touching the wheel. Last summer in Miami I got a ride to the airport 20min away and the driver didn't touch the wheel a single time. This spring while on a test drive I drove around for 40 minutes and didn't touch the wheel a single time.
FSD is real...and it works! Only the very, very odd time after hours and hours of driving might you need a small intervention for a moment.

 

[CharonPDX]

Tesla market cap is about $960 billion versus Volkswagen group market cap of $57 billion.

let that sink in

Tesla has been massively overvalued for years.

Most of the "been around for a while, not at any risk of going out of business anytime soon" big automakers have a P/E in single digits.

The S&P 500 is in mid double digits, with some components of it being higher, some lower.

Microsoft, Apple, Nvidia, Amazon they're all in the 30s range.

Walmart is at about 40.

Tesla? Currently at ~170. It was over 200 in its December stock peak. That is irrationally unsustainable. (Note: I sold my Tesla shares at the last big peak in late 2021.)


In 2024, Tesla's net-profit was $7.1 billion. VW's was $13.4 billion. VW is *FAR* more profitable than Tesla. They may make less per vehicle, but they sell way more vehicles. And they aren't nearly as dependent on carbon credits. Remove carbon credit income, and VW is still profitable; Tesla isn't. (And the current administration is trying to do away with the need for other companies to buy carbon credits from Tesla.)

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