Getbig.com: American Bodybuilding, Fitness and Figure
Getbig Main Boards => Gossip & Opinions => Topic started by: Palumboism on October 25, 2021, 02:51:20 PM
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TESLA Market Cap = $1 Trillion
Toyota = $282 Billion
Honda = $54 Billion
VW = $128 Billion
Nissan = $21 Billion
Daimler = $89 Billion
BMW = $56 Billion
GM = $83 Billion
Ford = $63 Billion
Sellantis $54 Billion
Total = $830 Billion
Is it worth it?
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I know I read on here that Tesla stock was junk.
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0 interest in electric motors, fast but boring.
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TESLA Market Cap = $1 Trillion
Toyota = $282 Billion
Honda = $54 Billion
VW = $128 Billion
Nissan = $21 Billion
Daimler = $89 Billion
BMW = $56 Billion
GM = $83 Billion
Ford = $63 Billion
Sellantis $54 Billion
Total = $830 Billion
Is it worth it?
Over-priced. Will be hell to pay for some.
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Remarkable what Musk has achieved; the rise of Tesla (wish I had never sold my stock) is redefining the industry with all the major players playing catch up! I am surprised they don’t make a major acquisition to bolster their manufacturing capabilities—which is lagging terribly despite their success.
Hats off to them on their success!
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Remarkable what Musk has achieved; the rise of Tesla (wish I had never sold my stock) is redefining the industry with all the major players playing catch up! I am surprised they don’t make a major acquisition to bolster their manufacturing capabilities—which is lagging terribly despite their success.
Hats off to them on their success!
They've never made a profit, their novelty cars catch fire and drive into oncoming traffic. Other than that, great.
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Musk is an awesome hype-artist.
Great at pumping the stock with dreamy predictions.
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They've never made a profit, their novelty cars catch fire and drive into oncoming traffic. Other than that, great.
Had you been paying attention you would know that they have indeed had profitable quarters. And now the rest of the entire industry is desperately trying to catch up to them. Btw, what’s the market cap of your company… or your own net worth? ::)
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Hertz Global Holdings Inc., barely four months out of bankruptcy, placed an order for 100,000 Teslas in the first step of an ambitious plan to electrify its rental-car fleet.
It’s the single-largest purchase ever for electric vehicles, or EVs, and represents about $4.2 billion of revenue for Tesla
https://www.aljazeera.com/economy/2021/10/25/tesla-hits-1-trillion-in-market-value-for-the-first-time
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Had you been paying attention you would know that they have indeed had profitable quarters. And now the rest of the entire industry is desperately trying to catch up to them. Btw, what’s the market cap of your company… or your own net worth? ::)
yeah, by selling carbon credits to other companies ::)
I concede that their two recent quarters were profitable based on cars and energy storage, before you try to "gotcha" me. Tesla makes lousy cars but like Steve Jobs, Elon Musk is a marketing whiz. Sadly, their inclusion to the SP500 ensures that the government will bail them out when needed, all in the name of the Almighty Number
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yeah, by selling carbon credits to other companies ::)
I concede that their two recent quarters were profitable based on cars and energy storage, before you try to "gotcha" me. Tesla makes lousy cars but like Steve Jobs, Elon Musk is a marketing whiz. Sadly, their inclusion to the SP500 ensures that the government will bail them out when needed, all in the name of the Almighty Number
I look forward to you doing better. Show them how it should be done!
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Anyone who owns VTSAX owns TESLA stock. :)
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Musk is an awesome hype-artist.
Great at pumping the stock with dreamy predictions.
This^ He is the conman of conmen.
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Musk is not that much different than Rockefeller, Vanderbilt, Carnegie, JP Morgan, and Ford, the men who built America.
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Musk seems a bit like a scammer - kind of hype train one can't ride.
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I look forward to you doing better. Show them how it should be done!
Oh Bay.... we arent allowed to offer differering opinions if we arent doing better?
Very mature response.
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Had you been paying attention you would know that they have indeed had profitable quarters. And now the rest of the entire industry is desperately trying to catch up to them. Btw, what’s the market cap of your company… or your own net worth? ::)
I'll bet your were totally unbearable to be around when you bought your first Prius. ;D
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Had you been paying attention you would know that they have indeed had profitable quarters. And now the rest of the entire industry is desperately trying to catch up to them. Btw, what’s the market cap of your company… or your own net worth? ::)
What two quarters? Only since kowtowing to China.
The valuation is laughable. Soon we will see what the real economy is. Musk sells soon if he is the true genius god some of you make him out to be.
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Oh Bay.... we arent allowed to offer differering opinions if we arent doing better?
Very mature response.
Certainly you can have a differing opinion... but what are you doing with it--besides posting on a message board? Put your money where your mouth is. If you're not starting your starting your own car company what gains have you made in the market based on your opinions? Those who bought TESLA stock are now sitting very pretty. People on the sidelines offering opinions... not so much.
Reed Hastings thought Blockbuster had a misguided business model. When he asked to partner with them for DVDs via mail they laughed at him and told him to get out. Blockbuster is now out of business and Netflix is now part of FAANG.
Less opining and more doing. Arguing with success says more about the speaker than the subject. ::)
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Certainly you can have a differing opinion... but what are you doing with it--besides posting on a message board? Put your money where your mouth is. If you're not starting your starting your own car company what gains have you made in the market based on your opinions? Those who bought TESLA stock are now sitting very pretty. People on the sidelines offering opinions... not so much.
Reed Hastings thought Blockbuster had a misguided business model. When he asked to partner with them for DVDs via mail they laughed at him and told him to get out. Blockbuster is now out of business and Netflix is now part of FAANG.
Less opining and more doing. Arguing with success says more about the speaker than the subject. ::)
This whole thread is a top tick indicating the irrational exuberance in the market. Bragging on a bodybuilding forum about your stock gains is akin to the old stock tips from the shoeshine boy story. I welcome it.
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What two quarters? Only since kowtowing to China.
The valuation is laughable. Soon we will see what the real economy is. Musk sells soon if he is the true genius god some of you make him out to be.
Well, well, well...
He sets up a poll on Twitter asking if he should sell 25B in stock to avoid dems "unrealized gains". He's not wishing to sell you see...people voted for him to sell. ;D
P.T. Barnum lives. ;D
https://www.zerohedge.com/markets/majority-saying-yes-after-elon-musk-asks-twitter-if-he-should-sell-10-his-tesla-stock
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I just learned about
Skynet Starlink. :o
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$1.2 Trillion and counting....
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I know I read on here that Tesla stock was junk.
The US tax payers supplemented the purchase of every one of these cars. Without tax dollars paying individuals to purchase these over priced cars Tesla would have been bankrupt. Same with his rocket company, Space X. Bought and paid for by US tax dollars...
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And this is why commodities are going to rip.
We have unprofitable business at Moon prices meanwhile oil is still 40% less than 13yrs ago.
The sharemarket makes commodities all look massively undervalued. Imagine if that 120B/mth of QE suddenly flooded commodities instead of the sharemarket. We’d be fucked in under a year.
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Tesla is an expensive stock in terms of its price earnings value. If you want growth, then buy QQQ.
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yeah, by selling carbon credits to other companies ::)
I concede that their two recent quarters were profitable based on cars and energy storage, before you try to "gotcha" me. Tesla makes lousy cars but like Steve Jobs, Elon Musk is a marketing whiz. Sadly, their inclusion to the SP500 ensures that the government will bail them out when needed, all in the name of the Almighty Number
Thing is Tesla spends very little on marketing compared to other auto companies. I can't recall ever seeing a Tesla ad on TV. Tesla cars are selling because people want them.
Have you seen the performance of the Tesla Plaid? It is basically the fastest production car in history bar the $2.4 million Rimac Nevera which is not technically in production yet. If Tesla added a 4th electric motor they would close the gap with even the Nevera.
Tesla has basically upended the established auto industry. They are now playing catchup.
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Tesla is an expensive stock in terms of its price earnings value. If you want growth, then buy QQQ.
What's QQQ?
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I look forward to you doing better. Show them how it should be done!
Lol at this copout. Rather than address the points I made, you attack me personally. I expected better from you Bay :'(
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Thing is Tesla spends very little on marketing compared to other auto companies. I can't recall ever seeing a Tesla ad on TV. Tesla cars are selling because people want them.
Have you seen the performance of the Tesla Plaid? It is basically the fastest production car in history bar the $2.4 million Rimac Nevera which is not technically in production yet. If Tesla added a 4th electric motor they would close the gap with even the Nevera.
Tesla has basically upended the established auto industry. They are now playing catchup.
Elon Musk has an army of rabid fanboys that think he is a real life Tony Stark for some reason. Good point about the lack of marketing budget, but the marketing comes from Elon's non-stop tweets and his general persona. People will tolerate all sorts of predatory business practices to buy in to the Tesla image.
He's like Trump in that his brand has far surpassed his tangible achievements. Trump has several bankruptcies and failed businesses yet is thought of as a business genius. I like Trump, this isn't a criticism really, I'm just in awe of how he controls his image. If not for Musk having been born in S. Africa, I'd say he's a shoe in for president at some point.
Don't get me wrong, Tesla's achievements are impressive but they are selling the sizzle--not the steak. My point is that Tesla's stock price is a bubble and doesn't reflect actual or future performance
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Thing is Tesla spends very little on marketing compared to other auto companies. I can't recall ever seeing a Tesla ad on TV. Tesla cars are selling because people want them.
Have you seen the performance of the Tesla Plaid? It is basically the fastest production car in history bar the $2.4 million Rimac Nevera which is not technically in production yet. If Tesla added a 4th electric motor they would close the gap with even the Nevera.
Tesla has basically upended the established auto industry. They are now playing catchup.
Yes, Tesla as a money-losing R&D company is impressive. You can even go to space privately if you spend enough money....or go to the moon in the 60s...ahem.
I'm sure Musk knows there is first mover advantage but also that most people that invent something end up watching someone else perfect it or market it better.
Big automakers are playing catchup....but they are catching up. Example the Ford Mach E...43k base up to the GT for 59k, quietly already sold around fifty thousand cars this year.
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Yes, Tesla as a money-losing R&D company is impressive. You can even go to space privately if you spend enough money....or go to the moon in the 60s...ahem.
I'm sure Musk knows there is first mover advantage but also that most people that invent something end up watching someone else perfect it or market it better.
Big automakers are playing catchup....but they are catching up. Example the Ford Mach E...43k base up to the GT for 59k, quietly already sold around fifty thousand cars this year.
There's a reason auto CEO's are racing to go fully electric. Electric cars require significantly fewer people to design and build. Tesla requires only ten man hours to build a Model Y in Germany, while VW requires 30 to build an ID4. There are fewer parts in electric cars and their assembly is much easier to automate. In addition, the simpler power train means significantly fewer engineers. CEO's love this and can't wait to go fully electric because it means fewer of all types of employees. Unions in Germany and USA are just starting to wake up to this fact.
The proliferation of electric car startups is proof that anyone can start an electric car company now. The barriers for the automotive industry have fallen. Just look at all the new competition from Tesla, Rivian, Lucid, Fisker, Nio, Xpang, Lordstown, and BYD. Rivian's IPO is this week.
The Chinese haven't even entered the US market, choosing first to concentrate on Europe, but they will.
Car dealerships and auto repair are not immune from the electric wave. Cars will be sold online with showrooms in malls like Tesla. Electric cars are can last a million miles if the batteries are replaced and battery technology is improving at a breakneck pace.
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There's a reason auto CEO's are racing to go fully electric. Electric cars require significantly fewer people to design and build. Tesla requires only ten man hours to build a Model Y in Germany, while VW requires 30 to build an ID4. There are fewer parts in electric cars and their assembly is much easier to automate. In addition, the simpler power train means significantly fewer engineers. CEO's love this and can't wait to go fully electric because it means fewer of all types of employees. Unions in Germany and USA are just starting to wake up to this fact.
The proliferation of electric car startups is proof that anyone can start an electric car company now. The barriers for the automotive industry have fallen. Just look at all the new competition from Tesla, Rivian, Lucid, Fisker, Nio, Xpang, Lordstown, and BYD. Rivian's IPO is this week.
The Chinese haven't even entered the US market, choosing first to concentrate on Europe, but they will.
Car dealerships and auto repair are not immune from the electric wave. Cars will be sold online with showrooms in malls like Tesla. Electric cars are can last a million miles if the batteries are replaced and battery technology is improving at a breakneck pace.
Yes, they'll be having robots assemble in chunks like a giant VCR, which can be done anywhere just like any other product.
Take what we had to do to protect iPhones as an example, they had to basically ban Huawei from selling phones in the USA. Same concept except too much money is involved here...someday Amazon car carriers will drop off Chinese electric cars at your driveway...and they aren't going to cost 100K. If you have had your 102nd booster you'll be able to drive it. :o
I take nothing away from Tesla as far as R&D, it's just that China doesn't have an issue copying IP and no politician here will stop it when the big money flows.
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Yes, they'll be having robots assemble in chunks like a giant VCR, which can be done anywhere just like any other product.
Take what we had to do to protect iPhones as an example, they had to basically ban Huawei from selling phones in the USA. Same concept except too much money is involved here...someday Amazon car carriers will drop off Chinese electric cars at your driveway...and they aren't going to cost 100K. If you have had your 102nd booster you'll be able to drive it. :o
I take nothing away from Tesla as far as R&D, it's just that China doesn't have an issue copying IP and no politician here will stop it when the big money flows.
You are correct about what's happening in China with electric cars. Cars are just like laptops with a motor now. Every car company produces cars in China and the Chinese are great about copying IP. The writing is on the wall for what's going to happen in the industry. People won't own cars they'll just use a service and the service they use may have an American brand on it, but the car will be designed and built in china with an Amazon logo.
I really believe what happened with smart phones is going to happen with electric cars. Most people would be shocked at how good Chinese electric cars like Nio are right now. There starting to sell them in Germany if that tells you how competitive they are.
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I rode in a Tesla last weekend for the first time and was surprised at how fast it was at acceleration. Once they get their shit together with the road tractor, I’ll be looking at buying.
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Certainly you can have a differing opinion... but what are you doing with it--besides posting on a message board? Put your money where your mouth is. If you're not starting your starting your own car company what gains have you made in the market based on your opinions? Those who bought TESLA stock are now sitting very pretty. People on the sidelines offering opinions... not so much.
Reed Hastings thought Blockbuster had a misguided business model. When he asked to partner with them for DVDs via mail they laughed at him and told him to get out. Blockbuster is now out of business and Netflix is now part of FAANG.
Less opining and more doing. Arguing with success says more about the speaker than the subject. ::)
LOL!
He was arguing if Tesla’s success was real or smoke and mirrors. GameStop stock price is still at a record high l, that doesn’t mean ia brick and mortar store selling video games is a good business model.
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You have to roll with the changes.
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LOL!
He was arguing if Tesla’s success was real or smoke and mirrors. GameStop stock price is still at a record high l, that doesn’t mean ia brick and mortar store selling video games is a good business model.
It's amazing what substitutes for religion for some people in the modern world.
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What's QQQ?
Nasdaq 100 stock index
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Looks like Musk sold 10% as he said he would.
(https://www.zerohedge.com/s3/files/inline-images/150bn%202021-11-09_9-59-37.jpg?itok=8MO_KMss)
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there are hardly any tesla cars on the road compared to all the others.
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there are hardly any tesla cars on the road compared to all the others.
Depends on where you are. I see them in wealthier towns but yes, not a lot.
Virtue signalers also drive them to show their climate change wokeness.
I see many more Teslas than Corvettes.
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TSLA down 20% as Elon torches Bernie Sanders on Twitter over tax plans .... "I keep forgetting you are still alive" . ;D
Also, says he may sell more stock.
Michael "Big Short" Burry is calling Musk selling out of TSLA.
"Let's face it. @elonmusk borrowed against 88.3 million shares, sold all his mansions, moved to Texas, and is asking @BernieSanders whether he should sell more stock. He doesn't need cash. He just wants to sell $TSLA,"
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Musk sells soon if he is the true genius god some of you make him out to be.
8) 8) 8)
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Man made energy crisis it ain’t just the cost to charge it’s about reducing what we use to move us.
Electric scooter/motorbike requires 3kwh battery for 100km range
Tesla requires 82kmwh for 350km range, roughly 24kwh for 100km.
We have 1 person in a 2 tonne car 99% of the time. If climate change is really an issue, why are we still using cars that require 10x more resources to transport 1 person than a scooter/motorbike?
If the works govts are serious about the made made energy crisis and climate change, we should pretty much kill off cars and have personal transport the size of a person.
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If the works govts are serious about the made made energy crisis and climate change, we should pretty much kill off cars and have personal transport the size of a person.
(https://cheesecake.articleassets.meaww.com/243036/uploads/398f6b50-674b-11ea-8995-8511a4309442_800_420.jpeg)
And for that to happen you have to kill off choice in markets AKA kill capitalism. The billionaires still have their Escalades, yachts and jets of course they are the new royalty and they don't want new members or underlings having the same access.
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Tesla is worth a lot not because of its current production but if Musk can pull off autonomous Big rigs he can corner the entire global transportation market not related to water or rail. Tesla would be the most expensive company in the world worth trillions and trillions.
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Apple says their self driving EV launch will be 2025. Something that integrates fully with their other products is a strong selling point.
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LOL!
GameStop stock price is still at a record high l, that doesn’t mean ia brick and mortar store selling video games is a good business model.
I only saw it as brick and mortar and some kinda pump and dump, then I actually looked into it and things got interesting..
They've recruited several ex Amazon for their C-Suite and are transforming into an e-commerce retailer and are taking on Amazon head on. They are using their brick and mortar presence to allow for same day and even 2 hour delivery. Brick and mortar also allows for easy store pick ups and returns of e-commerce items. They offer customers flexibility that just isn't there with Amazon.
They are also moving into Web 3.0 and working on their own NFT market place, and could possibly have first mover advantage there. That's the same kinda world Facebook/Meta are looking to occupy if you're not sure of the potential there.
I've made some really nice money with gamestop and I'm confident I will continue to do so.
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I only saw it as brick and mortar and some kinda pump and dump, then I actually looked into it and things got interesting..
They've recruited several ex Amazon for their C-Suite and are transforming into an e-commerce retailer and are taking on Amazon head on. They are using their brick and mortar presence to allow for same day and even 2 hour delivery. Brick and mortar also allows for easy store pick ups and returns of e-commerce items. They offer customers flexibility that just isn't there with Amazon.
They are also moving into Web 3.0 and working on their own NFT market place, and could possibly have first mover advantage there. That's the same kinda world Facebook/Meta are looking to occupy if you're not sure of the potential there.
I've made some really nice money with gamestop and I'm confident I will continue to do so.
Taking Amazon head on is better translated: Nerds jacked up on Monster can't wait a day for Amazon Prime to deliver a new game. Fickle group and shaky plan trying to make a decentralized anything your profit center. ;D
Walmart is posting great numbers for the same reason, they're still open to buy something. I figure Walmart and dollar stores will be all that's left of retail in 10 years if Amazon never pays taxes.
Places like Staples or Dick's - I have no idea how they are in business. I've never been in one where there were more customers than employees.
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What's QQQ?
Nasdaq 100 largest companies ETF. Great ETF.
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I only saw it as brick and mortar and some kinda pump and dump, then I actually looked into it and things got interesting..
They've recruited several ex Amazon for their C-Suite and are transforming into an e-commerce retailer and are taking on Amazon head on. They are using their brick and mortar presence to allow for same day and even 2 hour delivery. Brick and mortar also allows for easy store pick ups and returns of e-commerce items. They offer customers flexibility that just isn't there with Amazon.
They are also moving into Web 3.0 and working on their own NFT market place, and could possibly have first mover advantage there. That's the same kinda world Facebook/Meta are looking to occupy if you're not sure of the potential there.
I've made some really nice money with gamestop and I'm confident I will continue to do so.
I was referring to reddit driving the stock price up. Gamestop, Tesla, whatever may be fantastic investments but just as you ve shared your thoughts it's all speculation. Many have gotten rich off of Gamestop and Tesla stock and many still can but that doesn't mean they have great business models.
Out of curiosity how much have you made off of gamestop stock?
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I was referring to reddit driving the stock price up. Gamestop, Tesla, whatever may be fantastic investments but just as you ve shared your thoughts it's all speculation. Many have gotten rich off of Gamestop and Tesla stock and many still can but that doesn't mean they have great business models.
Out of curiosity how much have you made off of gamestop stock?
The move to drive the stock price up happened months, even years before reddit got involved. It involved a few billionaires and hedgefunds (Burry was one of them) that caught Melvin Capital with their pants down.
I'm up 150%. Now just milking it with options and CFDs
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Electric Grid in the US can't even handle a little wind, occasional storm, cold temps, or heat waves.....
Yet somehow we're supposed to plug all 100 million cars to charge up...
LOL
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Electric Grid in the US can't even handle a little wind, occasional storm, cold temps, or heat waves.....
Yet somehow we're supposed to plug all 100 million cars to charge up...
LOL
AOC uses wind energy to charge her brain.
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The move to drive the stock price up happened months, even years before reddit got involved. It involved a few billionaires and hedgefunds (Burry was one of them) that caught Melvin Capital with their pants down.
I'm up 150%. Now just milking it with options and CFDs
Interesting. So reddit timed the move perfectly?
The jump from $5 a share to over $300 wasnt based on reddit and Robin hood traders? Was the reddit directive a plant from an insider?
Serious questions, you seem to have a deeper understanding of what took place, I was under the impression that the new leadership were going to act like vampires and slowly kill the brand.
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Interesting. So reddit timed the move perfectly?
The jump from $5 a share to over $300 wasnt based on reddit and Robin hood traders? Was the reddit directive a plant from an insider?
Serious questions, you seem to have a deeper understanding of what took place, I was under the impression that the new leadership were going to act like vampires and slowly kill the brand.
The big names got out early. Mostly because they knew shit would hit the fan if they held their positions too long and fuck the markets up. They didn't want to be under that kinda scrutiny.
There was a guy on reddit who had been preaching for months that gamestop was the play. His thesis was based on things Michael Burry had said about gamestop. No one listened and he was mostly seen as a joke on there, but he was still a popular and amusing poster (think goodrum) When reddit noticed that the stock had jumped to $40 he was no longer a joke, he was their new god. They all followed his moves and jumped in with options plays.
The new leadership are the opposite of what you think. It was the old leadership that were vampires slowly letting the company bleed to death. A hedgefund and a billionaire slowly bought up the stock for peanuts and basically completed a hostile takeover. The new leadership hires are made of a lot of ex Amazon and they're mostly being compensated in stock. You don't leave Amazon for a company and accept stock as most of your compensation and then let it die.
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Electric Grid in the US can't even handle a little wind, occasional storm, cold temps, or heat waves.....
Yet somehow we're supposed to plug all 100 million cars to charge up...
LOL
Just plug them in one at a time.
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Just plug them in one at a time.
Something like that would happen. We would end up with rationed power to use.
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Something like that would happen. We would end up with rationed power to use.
Power on all the time is for the rich. The new normal. Nobody is paying attention to the "leaders" saying no coal or gas cars by 2030.
There would have to be an insane drop in demand/access because they are not fixing all this in 9 years.
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Power on all the time is for the rich. The new normal. Nobody is paying attention to the "leaders" saying no coal or gas cars by 2030.
There would have to be an insane drop in demand/access because they are not fixing all this in 9 years.
I know, they don't really think this stuff out. Most of the people supporting the Green New Deal are young Gen Y and Z's who wouldn't be able to function 1 hour without their charged phone or electric in their McMansions.
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Power on all the time is for the rich. The new normal. Nobody is paying attention to the "leaders" saying no coal or gas cars by 2030.
There would have to be an insane drop in demand/access because they are not fixing all this in 9 years.
There's a reason everywhere in the US, all the electric and gas companies are installing new "smart meters" that can be shut off remotely by them
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There's a reason everywhere in the US, all the electric and gas companies are installing new "smart meters" that can be shut off remotely by them
Yep, we can look forward to blackouts and brownouts in the future. Gotta save the planet.
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Yep, we can look forward to blackouts and brownouts in the future. Gotta save the planet.
Speaking of brownouts, I need to hit the shitter.
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Musk sells soon if he is the true genius god some of you make him out to be.
Musk sells more TSLA. 8)
https://www.bnnbloomberg.ca/musk-passes-tesla-sale-halfway-point-with-us-9-9b-cashed-in-1.1686390
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What would be the appeal of Tesla when Mercedes, Toyota etc start producing and marketing more electric vehicles?
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What would be the appeal of Tesla when Mercedes, Toyota etc start producing and marketing more electric vehicles?
The general public believes Tesla builds a better electric car than all other manufacturers. I completely agree with you the electric cars coming out of Toyota, Mercedes, etc are in many ways better. In particular, I believe the Lucid is vastly better than the Tesla model S.
The Tesla brand to electric cars is like the Apple brand for smart phones. It's going to be interesting to see what Apple comes up with and how customers react. I believe they'll hit it out of the park with something completely game changing.
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The general public believes Tesla builds a better electric car than all other manufacturers. I completely agree with you the electric cars coming out of Toyota, Mercedes, etc are in many ways better. In particular, I believe the Lucid is vastly better than the Tesla model S.
The Tesla brand to electric cars is like the Apple brand for smart phones. It's going to be interesting to see what Apple comes up with and how customers react. I believe they'll hit it out of the park with something completely game changing.
Nowhere near enough people have purchased a Tesla product to compare them to Apple. To say that is a success of Tesla marketing, not so much the market itself speaking.
People know of Tesla but the real vote of confidence comes when they open their wallets. The people that will drive electric cars first are probably driving a 4 cylinder car from one of the big companies right now. Will they want a car with no dealership or will they likely replace that Camry they bought in town with an electric one?
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Nowhere near enough people have purchased a Tesla product to compare them to Apple. To say that is a success of Tesla marketing, not so much the market itself speaking.
People know of Tesla but the real vote of confidence comes when they open their wallets. The people that will drive electric cars first are probably driving a 4 cylinder car from one of the big companies right now. Will they want a car with no dealership or will they likely replace that Camry they bought in town with an electric one?
The auto industry is going though one of the biggest transformations in a hundred years. Do you think people really want to deal with a car stealership? Look at how many car companies have sprung up over the last ten years. Prior to Tesla, the last US car company to be founded was Chrysler in 1925.
There are going to be BIG shakeups occurring in the industry. The Chinese haven't even arrived yet on US shores. NIO, Xpang, BYD..... they're all going to come here. For some reason they're starting in Europe. NIO is already in Norway, Germany, and the UK.
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The auto industry is going though one of the biggest transformations in a hundred years. Do you think people really want to deal with a car stealership? Look at how many car companies have sprung up over the last ten years. Prior to Tesla, the last US car company to be founded was Chrysler in 1925.
There are going to be BIG shakeups occurring in the industry. The Chinese haven't even arrived yet on US shores. NIO, Xpang, BYD..... they're all going to come here. For some reason they're starting in Europe. NIO is already in Norway, Germany, and the UK.
We shall see if Chinese companies break through. More likely they would rebadge something under agreement with another maker. Like you said, 1925...this is not a market easily broken into. Remember when Smart cars were the next big thing? Now you can't get anyone to work on them. You have to drop the engine half out to change the starter, haha. Nobody wants to deal with that.
Meanwhile the guy from Nikola EV is dumping his shares like Elon.
(https://cms.zerohedge.com/s3/files/inline-images/Snag_37be16d2.png?itok=Nr5SHwk9)
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Speaking of brownouts, I need to hit the shitter.
Those brownouts come from a blackhole.
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Nowhere near enough people have purchased a Tesla product to compare them to Apple. To say that is a success of Tesla marketing, not so much the market itself speaking.
People know of Tesla but the real vote of confidence comes when they open their wallets. The people that will drive electric cars first are probably driving a 4 cylinder car from one of the big companies right now. Will they want a car with no dealership or will they likely replace that Camry they bought in town with an electric one?
Agreed.
I think most people would prefer to stick to the manufacturers they know where their vehicles could be serviced at local dealerships almost anywhere and be easy to get replacement parts for.
Whether more luxury brands like Mercedes or BMW or more standard vehicles like Toyota. Not necessarily about the costs here either, but the convenience.
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Agreed.
I think most people would prefer to stick to the manufacturers they know where their vehicles could be serviced at local dealerships almost anywhere and be easy to get replacement parts for.
Whether more luxury brands like Mercedes or BMW or more standard vehicles like Toyota. Not necessarily about the costs here either, but the convenience.
Fisker's model is going to be where they don't have dealerships and they just come to pick up your car when you need service and return it. You will only lease the vehicle for the first eight years with the option to return it at any time. There won't be any dealerships or manufacturing facilities and everything will be done digitally.
I really believe old OEM's like GM and Ford are at a huge disadvantage having a huge dealer network and massive UAW production systems. This is an old fashioned model that will eventually fail.
More importantly, we are rapidly transitioning away from car ownership and the younger generation has already embraced not owning a car. That's one of the reasons autonomous driving will usher in such a change in consumer behavior. It's like the transition from land line phones to cell phones. Once you have one, it would be foolish to have the other. Why buy a car when you can just have any car you want delivered when you need it and only pay for what you need. Car brands, car dealerships, and car maintenance won't even be an issue. The younger generation has mentally already made this transition.
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More importantly, we are rapidly transitioning away from car ownership and the younger generation has already embraced not owning a car. That's one of the reasons autonomous driving will usher in such a change in consumer behavior. It's like the transition from land line phones to cell phones. Once you have one, it would be foolish to have the other. Why buy a car when you can just have any car you want delivered when you need it and only pay for what you need. Car brands, car dealerships, and car maintenance won't even be an issue. The younger generation has mentally already made this transition.
I wish! The US, with notably few exceptions, requires car ownership to get to work, school, errands, etc
My dream is to live car free but sadly not an option :'(
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Yep, we can look forward to blackouts and brownouts in the future. Gotta save the planet.
Get a gasoline generator or nat gas generator and plug into it with your electric car.
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I wish! The US, with notably few exceptions, requires car ownership to get to work, school, errands, etc
My dream is to live car free but sadly not an option :'(
Another reason why a cheapo Chinese electric car might work in the city or in Luxembourg, but the USA is a huge geographical area.
These aren't knock off Segways we're talking about here. ;D
I can get in one of my gasoline vehicles right now and drive two states away - across the country with 10 minute breaks. Until electric gets more on par with that the "benefits" will have to be forced on the consumer....or maybe the consumer will not be permitted to drive out of state without President Bezos' approval by 2030. :o
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Another reason why a cheapo Chinese electric car might work in the city or in Luxembourg, but the USA is a huge geographical area.
These aren't knock off Segways we're talking about here. ;D
I can get in one of my gasoline vehicles right now and drive two states away - across the country with 10 minute breaks. Until electric gets more on par with that the "benefits" will have to be forced on the consumer....or maybe the consumer will not be permitted to drive out of state without President Bezos' approval by 2030. :o
Kia EV6 Sets Guinness World Record For The Least Hours Of Charging While Driving Across The USA
A 2022 Kia EV6 has set a new Guinness World Record by driving across the United States with the shortest amount of charging time of any electric vehicle.
The car manufacturer drove an EV6 from New York City to Los Angeles over seven days and during the 2,880.5-mile trip, the car was only plugged in for 7 hours, 10 minutes and 1 second. This allowed the Kia EV6 to beat the previous record-holder held by a Tesla at 12 hours, 48 minutes and 19 seconds.
https://www.carscoops.com/2021/11/2022-kia-ev6-crosses-the-u-s-needing-just-over-7-hours-to-charge/ (https://www.carscoops.com/2021/11/2022-kia-ev6-crosses-the-u-s-needing-just-over-7-hours-to-charge/)
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Kia EV6 Sets Guinness World Record For The Least Hours Of Charging While Driving Across The USA
A 2022 Kia EV6 has set a new Guinness World Record by driving across the United States with the shortest amount of charging time of any electric vehicle.
The car manufacturer drove an EV6 from New York City to Los Angeles over seven days and during the 2,880.5-mile trip, the car was only plugged in for 7 hours, 10 minutes and 1 second. This allowed the Kia EV6 to beat the previous record-holder held by a Tesla at 12 hours, 48 minutes and 19 seconds.
https://www.carscoops.com/2021/11/2022-kia-ev6-crosses-the-u-s-needing-just-over-7-hours-to-charge/ (https://www.carscoops.com/2021/11/2022-kia-ev6-crosses-the-u-s-needing-just-over-7-hours-to-charge/)
KIA would be a perfect established company. A company like that builds a car that specs out better than Tesla, cheaper, with dealers all over....where does that leave Tesla?
Also..something is odd/incomplete about these numbers. Did they go 35mph the whole way? Did they only travel at night to avoid traffic starts and stops? Why did it take a week? Does the battery regenerate further with extra rest time?
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Fisker's model is going to be where they don't have dealerships and they just come to pick up your car when you need service and return it. You will only lease the vehicle for the first eight years with the option to return it at any time. There won't be any dealerships or manufacturing facilities and everything will be done digitally.
I really believe old OEM's like GM and Ford are at a huge disadvantage having a huge dealer network and massive UAW production systems. This is an old fashioned model that will eventually fail.
More importantly, we are rapidly transitioning away from car ownership and the younger generation has already embraced not owning a car. That's one of the reasons autonomous driving will usher in such a change in consumer behavior. It's like the transition from land line phones to cell phones. Once you have one, it would be foolish to have the other. Why buy a car when you can just have any car you want delivered when you need it and only pay for what you need. Car brands, car dealerships, and car maintenance won't even be an issue. The younger generation has mentally already made this transition.
Those are some interesting concepts.
Will also be interesting to see if these trends starts changing as you mention, but if they do I wonder if it could be more limited to highly developed countries. And not sure if developing countries would follow or be able to follow such trends or even in more traditional, though mostly developed Asian countries, where owning a home and car carry a lot of prestige.
I have not done any research on this topic though.
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Also..something is odd/incomplete about these numbers. Did they go 35mph the whole way? Did they only travel at night to avoid traffic starts and stops? Why did it take a week? Does the battery regenerate further with extra rest time?
Something is off. It's a two-day drive straight through.
Why did it take a week? And only charge 7 hours?
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Tesla VS camel. :o
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Chinese cars will not pass stringent American safety requirements.
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Chinese cars will not pass stringent American safety requirements.
Safety requirements can be changed if it suits those in power. :-\
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Safety requirements can be changed if it suits those in power. :-\
Not gonna happen.
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https://www.forbes.com/sites/worldeconomicforum/2016/11/10/shopping-i-cant-really-remember-what-that-is-or-how-differently-well-live-in-2030/?sh=211456771735
The plan by 2030 is this for everyone in the world except the chosen few, as described in Davos.
"you'll own nothing and you'll be happy"
(https://vcdn-english.vnecdn.net/2019/02/10/ap1-1549801899-4489-1549801910_1200x0.jpg)
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Chinese cars will not pass stringent American safety requirements.
Chinese cars are progressing at a rapid pace and cars like the NIO EC6 is close to Tesla.
An interesting thing about NIO is all their key employees like lead engineers and designers are white, not Chinese and I wouldn't be surprised if Xpang is the same. It makes me wonder how Chinese some of these companies really are.
Most of the electric car companies in China are in no hurry to come to America because they can't even keep up with demand in their home market, much less Europe, which they've already entered.
I think this video shows NIO is more than ready to enter the American market as is Xpang.
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What two quarters? Only since kowtowing to China.
The valuation is laughable. Soon we will see what the real economy is. Musk sells soon if he is the true genius god some of you make him out to be.
Musk sells another billion in stock today. What is that like 15 billion in the 4th Q?
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Something is very rotten in the State of Denmark.
Math is just math, but those numbers make zero sense. I just wish I had jumped in a few years ago. :'(
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Chinese cars will not pass stringent American safety requirements.
And they will probably look exactly like a 72 pinto. Or a copy of some other shite car
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Musk sells another billion in stock today. What is that like 15 billion in the 4th Q?
It’s his options expiration along with end of year tax.