ROTFLMFAHS!
The numbers are what they are. Sales down. Prices down. Profits down. Value down. Demand down. Monopoly gone.
Grows at 45%??? Only if you start from the years when it was worth absolutely nothing. Last year they lost over 51% of their value, in the last 18 months they lost even more than 60%, and every metric of future success is looking bad for them today.

A few years ago they had almost 100% of the ev market, with better options just now coming on the market they are already at 50% and are in a market share freefall.

Like I mentioned, Forbes economists all expect further TESLA stock decline, one expects it to reach $25 a share, but you know better. (If profits hold, I say $50 is realistic).

You again pretend you didn’t know that the big 3 spent tens of billions tooling up for ev production lowering their profits while Tesla has drastically slowed expansion (boosting profits) since they can already produce more than twice what they can sell and because their operating capitol has evaporated…and still their profits are shrinking like a shrinkydink in a volcano. 11% buddy. Down to 11% profit margin AND SHRINKING.

Are you saying Tesla stock hasn’t tanked?!? WTF?!? Really, I’ve got to hear this.

Lowered prices why? Because they can’t sell the cars they built. Duh. Also because the large government rebates are ending, making the cars COST more for customers without a price change. You blame covid (which you say isn’t real) but Covid isn’t hurting other manufacturers like Tesla.
I’ve seen plenty of F150 ev’s around…but still no Tesla truck. I see more ev’s on the road from every OTHER manufacturer daily, but the number of Teslas I see has plateaued. I’m in Cali, so I see plenty of ev’s.

Derp. I said clearly I called the TESLA STOCK crash. I told you it was insanely overvalued with a PE near 200. I did not say the stock market would crash, although I did expect a recession late 2020 possibly becoming a depression in 21…Biden’s leadership avoided that. 😂 Your damaged brain can’t stay on topic for two seconds. Jeebus.
The market isn’t tanking, my investments have done well for the last two years…unlike under Trump when I lost money….hand over fist in 2020. But I didn’t put every dime I had in one insanely overpriced inflated bubble stock like you claim you did….of course the economy looks shitty, your stupid investment strategy guaranteed you would lose your shirt.

Truth is, yet again, you can’t follow a short conversation without bending yourself in pretzels and changing subjects. That’s ok, I don’t write these for you. You aren’t capable of comprehension. That’s quite clear.

LOL. So I made a point to you, there is no one so uninformed. Nor is there another so devoid of knowledge and facts than yourself.

It’s a FACT they are still losing major market share at rates other car companies aren’t…in fact others are gaining.
It’s a FACT they lowered prices 6 times now, and continue to drop in sales.
It’s a FACT that now that they have competition, they aren’t in demand and don’t hold their value like the competition does.
It’s a FACT that I called the crash before it happened while you were telling people to buy all in at over $400 per share, and I continued to warn it was insanely overpriced and a bubble waiting to pop….I was 100% correct. Economists expect it to continue to fall, Forbes indicates it may well be headed for $25 a share, definitely still falling.

I must follow Tesla better than you, because my predictions have come to pass and yours were all fantasy that never materialized. I think you listen to Elon, who has proven to be a total disastrous idiot who’s destroyed his own companies, not the tech genius he once appeared to be.
You simply cannot ever admit you were w-w-w-w-wrong. A sign of massive insecurity.

Um…operating margin dropped FROM 19% to 11%. Operating capitol dropped even more. Price drops aren’t improving slumped sales. Massive recalls are not only making customers unhappy, they are turning off new customers. Poor construction is not up to industry standards and new non Teslas are. Drivers assist has just been convicted on a $3 million injury/damage claim (with more in the pipeline while other companies roll out theirs.
Worst of all is Elon himself, who decided to become a public personality figure, exposing his far right politics to his left leaning customer base, his willingness to take any government handout while decrying them at every turn, his unbelievably bad business sense, his douchbaggyness and constant hypocrisy, and his penchant to pretend his best case scenario is a guaranteed future. He, more than any two factors combined, is responsible for the slump in sales and crash of Tesla and Twitter.

You blame the 2020 economy, but every other ev manufacturer is doing much better. You say they made 420000 cars q1 23…maybe true, but what good are they when they only sold 181,000. Making all those poorly constructed cars comes at a major loss. Derp.

Wow. Ok, we can agree that far about China policies. They went too far, and now too lax.

Well….1/2 off something overpriced by 10x isn’t great, that’s why PE ratio matters. I think 25 is super high, but by today’s standards it’s average. 90+ was insane.

You have blamed him for the economy, as if he didn’t inherit 2020’s remains, but I’m just glad you’re willing to share/spread blame. A good step. Kudos.
Don’t know what QE and helicopter $ is.

Supply chain issues are global. It’s hard to blame anyone for even a majority. IMO they have been getting better slowly from 2020….I’m not in manufacturing though.

Gas policy? Explain please. My understanding is gas/oil production is up under Biden….oil company profits certainly are. Analysis indicates their increased profit margins accounted for over 1/2 the increased prices. I’m glad I have some energy stocks in my portfolio.
Remember, Trump policy was to sell our refining capabilities to the Saudis, who then decreased production and increased prices.

Your stupid demented ignoramus asshole leader.



Good luck going broke all in on one insanely overpriced stock.
Good luck with great leader too. Even his party doesn’t want him to run in 2024. They didn’t want him to run in 2016 either….until he won the primary.
If Trump doesn’t run, it’s highly likely Biden won’t either. Ball’s in Trump’s court…so watch him cheat.
😂

Clearly better than you, as I don’t just make up numbers or ignore losses of 1/8 the value and pretend they never happened. Also I seem to know what Elon has stated as his plans for the business better than you, I knew he plans to fire 10% across the board while you are convinced he’s going to expand.

Cherry picking?! You said down from its high this year, I went from Jan 3, it’s high this year, to yesterday’s close. Now you call that cherry-picking?
It’s not about a date , dummy, it’s about it’s high for the year, the point YOU picked. WTF is wrong with you?

If chicken was overpriced by 7 times but other meats aren’t, and then chicken dropped by 20%, it’s still a TERRIBLE buy. Same with Tesla, but chicken isn’t also priced based on how nutty Foghorn Leghorn acts, Tesla is, and Elon is acting CRAZY. I’m somewhat surprised you stick with him, Trump has totally abandoned him and now says Tesla is a terrible investment. Even if you stick it out, lots who listen to Trump are getting out. That’s going to hurt for a while. Another self inflicted wound.

Yeah, sure buddy. Just keep telling yourself that. Tesla is dropping off a cliff, unlike other car companies, and it’s all Biden’s fault (only the losses, not the gains). Tesla’s losses are self inflicted, and there’s more to come.

Growth is good, but you must ignore that it was so insanely overpriced that it really doesn’t matter, the price is not tied to any growth or income, it’s pure speculation…PE still 110. A decent PE is below 20.
Record capacity….but it’s never been close to full capacity so that’s meaningless. It’s still stymied by chip availability, battery availability, and parts availability for their battery factories so they can’t even make their new batteries their new car models require, and Tesla isn’t first in line for chips, Ford and Chevy are. If you could only produce 100 cars a month and now you made 103…that’s record production, but still failing miserably.

https://www.reuters.com/business/autos-transportation/musk-says-teslas-new-car-factories-losing-billions-dollars-2022-06-22/

Edit: Not a good sign that cybertruck and the electric semi truck are now delayed indefinitely. Ford is going to beat Tesla to the pickup truck market with a truck that doesn’t look like a bad 80’s sci-fi movie prop. If major semi manufacturers do the same, and manage to solve the weight limit issue two expensive product lines will totally fail. Elon is clear, neither will be released this year, next year is a maybe at best….but as designed they aren’t competitive with diesel trucks for range or load capacity.


Yeah, sure, everybody else is hurting Tesla to hurt YOU. It’s not slumping because it’s in financial straights, can’t produce cars anywhere near full capacity (or at a profit yet?), is burning through BILLIONS every month, and has an owner that clearly doesn’t care one whit about tanking the stock with impulse moves like offering $45 billion for a company not worth $20 billion.
I don’t let politics control my investments….and mine have not lost 32% this year, you have (and you pretend it’s only 20% because you lie even to yourself).

Again, if it grows 50% (and I don’t think Tesla has btw) but is overpriced by over 10 times (it was in Jan) it needs to keep it up for 20 years with no stock increase to break even and actually be worth the price. Any stock with a PE over 100 is horrific.

You claimed down 20% this year, then blew up when I showed it’s actually down 32% and massively overpriced. Why on earth would anyone take advice from someone so dishonest with even the values? Especially someone so divorced from reality as you?

Tesla is losing subsidies, can’t produce at profitable levels,and SAID they’re downsizing by 10%.
Yes, the EV vehicle category is due to explode, but Tesla is at full capacity (as much as they’re capable, not full factory capacity) and is about to get MASSIVE competition from the big 3, with insanely more production capacity, better supply chains, and subsidies they haven’t burned through yet. Tesla can’t keep up with demand, but they’re nearly the only game in town….but not for long. Expect demand for Teslas to plummet when electric Mustangs, Corvettes, SUVs, pickup trucks, etc start rolling off the lines in big numbers later this year, EV’s that are on par with Teslas (or better) and that customers don’t have to wait a full year for delivery…there have been multiple times recently when Elon said he would stop taking orders because he can’t produce them.

We had an apple in the home by ‘80, and stock soon after. They weren’t at a PE over 100. They also were doing terribly before they gambled on the cell phone industry. Derp.

There’s a reason you think I know everything….I can read. When there’s a topic I’m ignorant about, I read about it, and don’t just look at one source. I try to get multiple different opinions, the facts, and history of any topic, then reply. You listen to admitted liars and nut jobs Alex Jones or Beck and think you know it all. Lol. Such a silly, constantly projecting little boy you are.

Really….it’s certainly something to Tesla. Yes, I want him to be held to the contract he signed. Yes, it will hurt Tesla more than the $1 billion drop in assets for NOTHING, because it’s an undeniable example of Elon’s recklessness and poor business sense. I don’t care one whit if he buys or not, I want him to follow the contract he signed. If he does buy, though, it might end Tesla. $45 billion from its coffers (for assets worth well under $20 billion) would be a death nail.

MSNBC agrees with me? News to me. I come to my own decisions, little boy. I don’t need them spoon fed to me, and I understand why I invest as I do. I made money this year, did you?
(I know, if you’re honest about being all in on Tesla, you lost massively, 1/3 of your portfolio in 6 months, and you still think you’ve got it all right, you know everything there is to know about investing, so much you spend lots of time being an unpaid salesman for Tesla, a stock that’s losing money hand over fist and is overpriced by at least 6 times according to professionals).

I’m one gullible dude?!? I AM!?! Er mer gerd, that’s some serious hard core projection (and a little tissy fit).
ROTFLMFAHS!!!

ROTFLMFAHS!!! Projection is absolutely the MO of the right, and of yourself. You’re trying to blame Covid on Biden, and accept zero blame for dismantling the office created to avoid exactly pandemics like this, no blame for not quarantining and letting it in the country after knowing how deadly it was, no blame for denying it’s existence, it’s danger, it’s virulence, it’s mortality rates, or for actively opposing any and all public health measures to minimize it…but now want to blame Biden for the outbreaks among morons that listen to antivaxing right wingers rather than Biden’s public health professionals.
You know there were hundreds of Republican plots to fraudulently vote or intentionally deny valid votes in the last election, yet with no evidence you still claim there was fraud on both sides (and imply there was far more from the left but still can’t show a single example), and despite all evidence to the contrary you still claim Democrats stole the election through fraud.
That’s called projection, Bob, blaming others for disasters and crimes you are actively causing. Derp.

Liar. There’s no way in hell you are even 100IQ. You have no reasoning or problem solving skills at all, zero verbal/English skills whatsoever, and you do not think like an an engineer, never methodically going step by step without glossing over the important bits and ignoring pertinent details….but we know you’re a proud liar already, one that applauds perjury. Test again. I think the mindset you’ve fostered in yourself for decades now has lowered it significantly if it was honestly ever above 100. I retested around 4 years ago for fun, scored one point higher than in school.

I’ve known engineers that weren’t all that intelligent….just not extremely successful ones. Dad owned an international high tech insulation company with dozens of engineers on the payroll. The less competent end up being maintenance techs and cleanup crews rather than R&D techs, designers, and inventors. Somebody has to load and drive the hazardous materials truck to the disposal site, somebody has to do maintenance on machines, somebody has to check dates on inventory to be certain chemicals don’t oxidize, etc, they don’t give those jobs to the best engineers.

What lockdowns? Biden just reportedly had the best job creation year in the nation’s history. Over 500000 jobs per month since he took office (and rapidly rising wages), how many jobs were lost under Trump? Estimates range from 10,000,000-18,000,000. Holy shit, you think that’s bad for Biden?!! Mental defectives with 75 IQ can see how wrong you are….but you can’t.

The tax cuts came in 2017, growth didn’t come until 2021, jobs didn’t come until 2021. It’s utterly ridiculous to try to claim the tax handouts for the wealthy had a thing to do with the economy getting better, especially since they expired for non billionaires before the upturn. I thought you just claimed to be intelligent. 🤦‍♂️

-3.5% Bob. Trump’s last year was -3.5% GDP growth. NEGATIVE.
Overall Trump managed 2.33, 3, 2.16, -3.49 =4% / 4years = 1% GDPY under Trump, who didn’t start in a major recession but left one. Lol! What’s that IQ again, buddy? Obama GDP > Trump GDP

It’s likely, because they never had a real majority thanks to 2 DINOs, so didn’t perform great, so many Trump era disastrous policies and appointees are still in place, and there’s no chance that’s going to change this term thanks to Democrats not actually having a majority. Sadly, too many morons won’t look at why there’s so little progress and just won’t vote, ensuring things won’t change and Republican obstructionism will rule the day. The party “in charge” always loses the midterm. What makes you think I don’t see that. I do not underestimate the stupidity of the American voter.

Lol. I notice you didn’t list any failures, and actually admitted some you listed last time are nonsense (now admitting “Biden economy is doing great” VS earlier claims “failed economy”). LMFAHS!
You get one talking head on CNN agreeing with you and one pro-Republican poll and suddenly you think everyone wants Trump back. You are so silly. When the polls don’t support you, you say they’re worthless, when they do, they’re gospel.
If Garland was doing his job and prosecuting senators and representatives, Democratic numbers would jump by double digits. It’s lack of action that’s losing them support. It’s certainly why I’m dissatisfied….but to assume that means most would vote Republican because they’re dissatisfied with Democrats performance is asinine, par for the course from you.

PE of 360 Bob. Anything over 25 is overpriced, over 100 is a bubble. Duh….again, you just claimed to be intelligent, but have repeatedly proven that false already. They made under 1 million cars last year out of around 75 million. Ford sold almost as many of one model, F150’s as Tesla sold of all models, and would have sold more if they had the chips to make more. They’re doing well, but are still a little minnow in a big pond, and if they lose their battery monopoly they’re toast. They aren’t the only, or even the best choice for electric cars anymore. If you think they won’t have competition, you’ve proven a lack of intelligence once again.

Summer time when you lost over 1/4 of your value overnight must have been scary. It won’t be the last time.

Good luck. In 5 years I expect they’ll be near worthless once more stable, more energy dense batteries are developed. I’m happy making more money from a diverse portfolio that’s not insanely overvalued.

I knew about the "planned obsolescence" of bulbs and nylon stockings, but this video had more details.

I gotta call B.S. on the "everlasting LED bulb" comment he makes at the end. I've had many LED bulbs fail after 2 years when they are supposed to last at least 8. Most of them Feit brand. Sure I could request a warranty replacement, but I'd have to pay shipping both ways, which costs more than getting a new one.

Apple has had class-action battery lawsuits almost every year since the iPod introduction. I did take advantage when they had $30 battery replacement for iPhones, but guess what - that's gone back up to "overpriced" as of last year. At least they support iOS devices with 5 years of software updates. Google has always been worse, and some 3rd party (HTC for example) ship new Android phones (at least their cheaper non-flagship models) with outdated software, and never release a patch.

Good dog, Cujo! Also, you know that mutt drops a log the size of a baguette at least twice a day and it practically takes a snow shovel to fling it into the neighbor's yard.

I use to have a tragically retarded Cocker Spaniel (and, to note, there is no other variety of that breed) and it was like the Goose that Laid the Golden Egg, only with dogshit. At least three times a day, this golden-furred, floppy ear'd mongrel would scarf down a can of Alpo, a cup of kibble and whatever food was left lying on the table -- the same table the cat always got smacked for climbing on, but the dog ... ohhh, no! It's CUTE when the dog does it! -- then make a beeline to the back lawn where it'd crap Mt. Everest. I'd have to trudge out the the back yard, shovel in hand, while the guy next door shot me the stink-eye because he was tired of fishing dog turds out of his swimming pool every day during the summer. This task is odious enough, but it's a thousand times worse when you're stoned and it's a million degrees out and you'd much rather be floating on your waterbed listening to Dark Side of the Moon in headphones while blissful AC-cooled air wafts over your twice-weekly washed body and not fighting your way through a black fog of Horseflies to reach a 1:1 scale model of Mt. Doom made entirely of a too-quickly digested overpriced slurry of meat scraps and offal that the canners couldn't fob off on Mexico.

It might not have been as bad as all that, but in my hazy recollection, it was pretty darned close.

I'm not sure why I told you all this, to be perfectly honest, but I did. So there.

CDs were overpriced in my city, usually around $25. Until a new store opened, selling them for $13-15 then for 1 year everything tumbled down. It finally equalized out to under $20, right before the digital wave hit.

I think if you're going to have P2W - it should take place on a P2W server separate from those who are grinding the game. It's just one of the many reasons WoW isn't all that special anymore. Need a level 100 toon? Pay $30, get one instantly, on any sever ya like, you know with the people who put in 1000 hours of their real life.

I don't really care about loot boxes as long as they are cosmetic. In HOTS or Overwatch it's just like an added bonus, even though most of it is trash. Though, having loot boxes in HOTS is a little different than Overwatch which was an overrated/overpriced $60 game while HOTS (also made by Blizzard) is actually free to fucking play and even then I have most of the toons and never spent a cent and get plenty of loot boxes for free as well.

Keep this shit up though and the underground/indie devs are going to take over the gaming industry. Just like what happened with music, MTV not playing real music, the radio playing the same shit over and over again, major labels putting out garbage over and over again... and it eventually broke the mainstream music industry (thank fucking god).

Credit card company revenue comes from a number of sources but interest / fees are a large component.

My point was more, by definition continuous 30-60 days interest free periods (loans) aren't 'free' and there's cross-subsiding going on.

The business model is built on selling a highly overpriced product to consumer A, so you can sell an underpriced one to consumer B.

This is pretty far from the capitalist ideal of companies competing and continuously innovating to offer consumers the best product.

60 lbs is not terrible for an e-bike. The extra pounds don't matter so much with electric assist.
https://www.reddit.com/r/ebikes/comments/6mz5vg/upgrading_parts_on_ebike_worth_it/
Also, the wider tires don't add resistance.
https://www.schwalbetires.com/wider_faster_page

I like the 70s style (and the copper finish on the edition limited of two bikes .... wonder what that cost?) but this thing is overpriced for the level of tech. If these guys put as much effort into e-bikes as they do hyping stuff on YouTube they might make a nice bike one day. As it stands this is simply overpriced. The narrator thinks he can just call it the "best electric bike" when it's obvious that he knows F-All about the technology. There are much better e-bikes for the money in this niche (within a niche) category alone.

Their 2018 Super 73 is $3200 vs $2750 for the Luna Super Banana

https://lunacycle.com/luna-cycle-super-banana-ebike-racing-edition/

• 1000 watt vs. 3000 watt
• 48V 15.4 Ah (740 watt hours) vs. 72v 11.5 ah (830 watt hours)
• 25-27 mph vs. 40 mph

... for $2,300 the Luna Banana BBSHD has similar specs (more likely to be street legal) and still smokes the Super 73 in performance.

https://lunacycle.com/luna-banana-bbshd-ebike/

Or get the donor bike for $1,150 and add an electric kit for a few hundred more. (which is exactly what Lithium Cycles did!)

https://coastcycles.com/product-category/buzzraw/

https://lunacycle.com/mid-drive-kits/

Everything about this guy and this insanely overpriced speaker is offensive imo.

Yeah, this is way to short to cover the topic.

Freedom / choice is worth considering but people need to treat home buying as an investment because it is often the biggest single investment they ever make. Buy low and sell high. Putting that out of your mind because you're planning to never sell is a huge mistake. You would think that other countries would have learnt the lessons of the US, but housing markets in places like Canada, Australia, big Chinese cities are just waiting to pop. The mantra of 'house prices always rise' continues.

The most obvious measure broadly is price to median incomes. Here in Sydney (and some of the other Australian capitals) it's at eye watering levels. Buying a house here right now is basically banking on preferential tax treatment (in our case, called negative gearing), restricted supply continuing forever (the main driver of house prices by the way), and heroic increases in income to forestall the inevitability of prices simply becoming unaffordable.

It's gotten to the point here where lenders are asking home buyers (who want a loan to value ratio of over 80%!) to pay so-called lender's mortgage insurance (LMI) which adds a substantial amount to their loan and guarantees the bank (not the home buyer) if the borrower defaults. The insurance company who issued the insurance contract then goes after the defaulted home buyer to recoup the payout to the bank:

http://www.macrobusiness.com.au/2016/09/7-30-report-lenders-mortgage-insurance/

From what I understand there is still plenty of reasonably priced property in the US (in some cities) but even there you have plenty of places that have become ridiculously overpriced.

They claim the headphone jack was a roadblock to water resistance and that they have used the space for more important things. I'm...not convinced.

The cynical me thinks its just apple trying to undermine the 3.5mm jack with their proprietary overpriced shit. The less cynical part of me sees it as a continuation of their minimalist design philosophy. This is a company that would give you just one button to control your computer with if they could (whether it makes sense or not). Also, aesthetically it is more in line with their sort of "magic box" thing - they don't want you to see it as a machine with working parts and the familiar 3.5mm jack kind of breaks that illusion.

I go through a lot of headphones every year. The point of failure is almost always the wire or the connection at either end, so while I know I'd lose those earpods or w/e the fuck they are calling them in a heartbeat, and I do love the ubiquity of the 3.5mm jack, I must admit I do quite like the idea of not having the wire.