Too many promises, too little delivery. That’s why I don’t own $TSLA or $SPCX. • Roadster — Years late, still not delivered. • Mars — Colonization timelines repeatedly missed. • Optimus — Mass deployment promises outpace reality. • Robotaxi — Waymo leads in commercial driverless rides. • FSD — Still requires driver supervision. • Tesla Semi — Mass production repeatedly delayed. • Cybertruck — Late launch, higher-than-promised price. • $25K Tesla — Original affordable-car promise unfulfilled. • Tesla profitability — Margins squeezed, auto profits under pressure. • Cybercab — Autonomous fleet rollout far from promised scale. • Hyperloop — Never became a viable passenger network. • Boring Company — Limited tunnels versus grand transit promises. • Solar Roof — Adoption fell short of original ambitions. • Tesla automation — Factory robots haven’t eliminated reliance on human labor. • X payments — Full financial-services vision remains unrealized. I invest in execution, not hype.