Upvoted and agreed but one thing that always misses this analysis is that the rising share price actually allows these companies acquisitions and hiring of top tier talent which somewhat pushes them towards their wild goals; it’s a self-fulfilling prophecy. Tesla is a great example as their products are something everyone is familiar with. But even this sub defends their moronic valuation based on “Musk’s vision” or that “it’s not a car company.” The unfortunate reality is they have enough shares on books to actually buy out robotics/battery/actual FSD companies or at least poach their best talent with RSUs. This allows them to actually build out these divisions. Markets have always been forward looking but due to the economic fuckery since 08 they are no longer hinged in reality - actual financial statements and hard metrics that always dictated the stock price, they no longer seem to matter. Now it’s a perpetual game of crowd sourcing a higher stock price with wild theoreticals that could potentially exist one day. Ex: entity of quantum industry. We are pricing so far into the future that we are looking up our own ass.

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No, no, I worked as a car salesman in between college and law. Had to make the tendies somehow Tell that to Kim Kardashian though, 6 years and counting :(

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The year is 2000. Someone asks what youd be willing to pay for a fully electric car that is capable of driving itself. What do you say

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Have seen on LCID in my life. Great looking car. Went by their NYC showroom the other day and it was super empty...

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Buy my wife her dream car, mercedes lol

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https://youtu.be/VPjODKUxV5g?si=1Dfyue8hmU4gE8sv One lane tunnel (for both directions) that has one car with a driver operating in it, transports max 3 cars full an hour

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Dear Jerome “Too Damn Holy to Touch the Printer” Powell, This the last damn message I’m ever sendin’ your ass. Six months—NOTHIN’. Not a whisper, not a leak, not a freakin’ hint. Don’t tell me you didn’t get my letters, man— I wrote the addresses clean enough to frame. So here’s this rant I’m dropping on your desk, I hope it blasts out your speakers when you press play. I’m in my car right now, pissed off, markets redder than hell, Screaming at my dashboard like it’s you sittin’ there. You could’ve bailed us out— hit that printer, drop a cut, throw a bone, anything. But nah, you left us gaspin’, watchin’ candles bleed out like a horror show. And all I wanted was a lousy call, man— some dovish crumbs, a wink, a nod, SOMETHIN’. I tore every picture of you at Jackson Hole off my wall. I was ridin’ with you, Jerome— I defended you in comment sections, I argued with boomers about your “vision,” and THIS is how you treat me? Now I hope every damn night you try to sleep, you hear the S&P hittin’ new lows like a drip in the middle of the night you can’t shut off. I hope the charts haunt you, wake you up sweatin’ in your fancy sheets, wonderin’ if you should’ve just pressed the button ONE. DAMN. TIME.

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The Bullish case for Carvana is that it is the future of car sales. No one wants to go in and be told "Hey your credit is dogshit and you are a piece of shit as well,but you know what we got you and if you just sign on the dotted line for 25% APR we can fuck you up the ass. But smile okay? You are lucky we are giving you this shitbox at all! \*smarmy grin\*". I hate car salesman. I would rather get told no or yes over the computer and not interact with any of those people at all. You get 7 days to decide ff you want to keep the car. Get it inspected and if there is something wrong with it Carvana will have it fixed. Not rocket science. They are an industry disruptor and its disrupting a lot of regards brains as well.

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Not worried. Just had this thesis develop in my mind since April about used car market and I’ve been checking on $CVNA to see what it did, I went opposite of what I cooked up in my head. $KMX on the other hand is playing out pretty much exactly as I thought, I guess, I posted this b/c I wanna try n check myself. And maybe understand why there is such a massive difference between the stock action of the two companies. I guess it’s like $WMT and $TGT, one has there sht together and one is out of touch.

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Imagine thinking a quarter million on a car makes you not a brokie. Its either custom-ordered Lambo or you might as well be living on the streets.

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