Tesla is in a free fall.

Its products are getting attacked.

Its customers are getting mocked. Flipped off, and worse.

To the point where I've seen several bumper stickers in Silicon Valley on Tesla's like this one. I, too, am continuing taking heat from family and friends for being pro Elon.

I'm expecting it to get worse for investors and Tesla fans.

Falling knife.

Sell, sell, sell.

And the news could, and probably will, get worse, as I believe @ValueAnalyst1 is right that Elon Musk's various statements and politics is depressing sales. Although I don't like short sellers who bet against a company I love, which is why I haven't been joining his show much lately.

I've been through many crashes, which prepared me for days like this.

In 1999 Amazon was $112.
In 2001 it went down to $6.

Similar could happen here. Tesla's P/E is very high right now, even after coming down over the past few weeks.

Tesla has major new products that will lead the market coming. Robotaxi and Optimus, along with lower cost vehicles are in the offing.

In China Tesla is winning sales. Do a search here for "China FSD" and you'll see it.

Its new products, especially the just released Y, are dramatically better than any other.

Then there is the key man risk. What if Elon stepped down from Tesla as CEO? What if worse happened?

The political climate is being heated up. Last night a Tesla dealership in Seattle was attacked and several vehicles were burned.

I'm staying in for another decade. I see what it is doing here in Silicon Valley and who it has hired and believe in the mission.

The future is electronic and autonomous. That won't change even if Tesla goes away. China is working hard on both and has many advantages we don't in America. My friend @ASychov in Europe just bought a Chinese car and loves it.

I feel sorry for people who buy shittier products because they hate Elon. I've tested most and they all suck in comparison.

Days like today get many to jump out. The fire is too hot.

But I see that Tesla is professionally run now and has so many advantages that even if Elon were to step down from Tesla it has a long future, and tons of cash.

So the next two quarters could be bloody, but I'll still join @WholeMarsBlog on his subscriber space every Sunday. And happily reshare any Tesla news, since its products are market leaders.

It is still the most important AI company on the playing field.

FSD, which leads to Robotaxi, will bring us into a dramatically different transportation landscape than exists today. I've studied innovation from my perch here in Silicon Valley for decades and FSD is -- by far -- the most impressive piece of software I've used or seen.

And get rid of Elon? You do realize he's the reason that Tesla's products are the best right now.

He chose cameras over LiDARs and chose to put an expensive computer in every car, making them robots. Most other car companies made other choices, which doomed them.

But even if he were to leave Tesla has the next decade all mapped out. No one else can compete. Not in America.

This is not investing advice. If you want that, go see someone else.

But if you are long, I'm with you. And I'll stay long even if it goes down to $6. A great future awaits.

And if you want me to jump on Elon like many are doing, well, I won't join you. I watched what he did from the very beginning of Tesla (I had the first ride -- Elon gave me a ride before he gave his best friends a ride) and I had a front row seat on automotive innovation, like @teardowntitan had from his perch in Detroit, and we both know just what Elon did to change not just transportation, but several other industries as well.

You could hold a gun to my head asking me to change my stance on Elon and I wouldn't do it.

Now, to both sides: this shit is gonna get people killed. I hope Democrats and Republicans, will calm down both sides.

@elonmusk, that goes for you too. I told @reidhoffman the same this morning on the Democrat side.

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