While the world’s richest person is busy with “Twitter Files” and blue checkmarks, among tons of other things, electric vehicle maker Tesla is experiencing a continuous fall in its shares. Amid all this, the new Tesla model S Plaid is here with its Steam integration.
What’s so Exciting About the New Tesla Model S Plaid?
New Tesla Model S Plaid and Tesla Model X Plaid, the two launches of 2021 from the EV leader, have already created waves in Europe and now in the US. The reviews have indicated that the models are impressive and crazy.
The Tesla Model S Plaid is excellent in its key features like
- Mind-blowing center screen
- 1,020 Horsepower
- Extraordinary steering wheel
- Drag Coefficient of .208
- Tri-Motor AWD
Tesla Model X Plaid Features
Tesla Model X Plaid is a pioneer in the realm of large luxurious EVs. It’s surely one of the coolest models you can buy with some exquisite features as:-
- Falcon Doors is its trademark feature. It can be controlled by the driver via the touchscreen and have sensors to prevent harmful objects.
- Features triple electric motors putting out 1,020 horsepower, making it go far beyond Lamborghini.
- Tesla Model X Plaid is the quickest SUV with insane acceleration.
- The very distinguishing yoke steering wheel is loaded with a bunch of useful features.
- A crispy interior with ultra while colored vegan leather makes it aesthetically rich.
The New “Steam” Feature
As a part of holiday update, a fantastic “Steam” feature has been integrated with the models.
The cars are super-efficient in offering high-quality gaming experiences with their variety of video game stocks.
But games like Cyberpunk and Elden Rings demanded Steam Beta, which is now added to the car.
Tesla’s official Twitter page announced the addition of the new feature and wrote that if you buy this car with the Steam integration, you will always be able to monitor your pet dog inside the car.
View the cabin camera from the Tesla app while using Dog Mode or Sentry Mode to keep an eye on your puppy 🐶 pic.twitter.com/yyeyfF5XTd
— Tesla (@Tesla) December 13, 2022
Elon Musk is Excited!
And how could Elon Musk refrain from promoting this exquisite feature, which his EV-making firm just introduced to the world, on the platform he bought for $44 billion? So, here comes The tweet from the “Chief Twit.”
You can play Cyberpunk, Elden Ring and 1000s of other games in your *car* with an epic sound system!! https://t.co/F25Qu6HJ63
— Elon Musk (@elonmusk) December 14, 2022
As you can see, Musk seems to be especially fond of the sound system of the gaming feature.
The Condition of Tesla Shares
Since Tesla CEO Elon Musk became “Chief Twit,” or the owner of the social media platform, there has been a remarkable decline in the Tesla EV market share prices.
Other major automakers such as Ford, Volkswagen, GM, and even BYD, the Chinese electric vehicle and battery makers, are seeing a slight growth in their shares since late October.
Tesla EV market share price closed at $160.95 on Tuesday, which was down by over 4% for that day. As tech stocks are generally growth-oriented, and even the new inflation data that came out the same morning couldn’t stop them from rising in the case of other automakers, Tesla dividends per share are being reasonably considered an exception.
Analysis by Gary Black
The remarkable consistency in the Tesla ride share price drop has caught the attention of investment advisor Gary Black. He has been analyzing Tesla’s share price live on day to day basis. He found out that Tesla ride share prices have fallen -12.4% during the last three days, and since Elon Musk acquired Twitter for $44 billion, the shares of the EV maker have dropped by 29%.
$TSLA catalysts – 12/12
1/ TWTR overhang lifts Dec
2/ China production clarity Dec
3/ FSD V11 beta wide release Dec
4/ New gigas (UK, East NA) 1Q
5/ $7,500 EV credit into effect 1Q
6/ TSLA $10B buyback 1Q
7/ Cytruck launch mid-FY’23
8/ $30K EV Launch mid-FY’24
$550 PT 6-12 mo— Gary Black (@garyblack00) December 12, 2022
Gary Black also explained the catalysts.
Perhaps single biggest catalyst is potential Fed pivot this week. If it becomes clear that rate increases will moderate to zero over next 3-6 mos as inflation subsides, growth stocks should take off, and $TSLA forward P/E could move back to 40x range (40x $7.20 = $288).
— Gary Black (@garyblack00) December 12, 2022
Impact on Tesla’s Market Value
Experts worry whether Twitter has cost Elon Musk a bit too much, as Tesla share plunge knocks market value significantly. The share fall took the company’s market value to go down $500 billion, which the EV maker achieved in November 2020 for the first time.
Since September’s end, the leader of the EV industry has had its shares sinking almost 40%.
Additionally, it was reported a few days ago that Tesla is planning to suspend output at the Shanghai factory temporarily, and simultaneously the selloff in its shares accelerated. These two factors played broadly, and as a result, Tesla share plunge knocks market value to go below the half-trillion dollar mark.
Will the Damages Get Cured?
Well, it’s pretty clear that Elon Musk himself is very hopeful about the new Steam integration into Tesla Plaid cars. Now, it will be able or not to cure the damages Tesla shares are caused still remains a question.
Meanwhile in Twitter
Meanwhile, Twitter users started talking about the new feature added to the new models of Tesla cars. The social media platform is once again filled with posts and memes.
Tesla, this is genuinely a terrible idea.
My 11 year old son is addicted to video games, and we bought him a Tesla last year. Now I have to worry whether or not he’s playing video games on the highway while he’s driving to school.
You’re better than this, remove it.
— timedmonkey (@MonkeyTimed) December 14, 2022
— stagezero (@Darkpoolballer) December 14, 2022
Final Words
Whether Musk’s Twitter buying has anything to do with Tesla shares is yet to be proved, but launching the Steam feature to its new Tesla model S Plaid and Tesla model X Plaid vehicles may be worth Elon Musk, in terms of shares.
