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bobknight33 (Member Profile)

newtboy says...

It dropped precipitously because Elon was buying Twitter and would have to sell billions of stock to pay for it, just to name one self inflicted wound. The economic state should benefit Tesla, as you say, with gas at $5 and rising, ev’s are in high demand.

Gas in Canada is $6.75 US. UK is $5.75 in usd. Europe is around $5.25. But sure, it’s all Biden’s fault. Meanwhile my Exon, BP, and energy mutual funds are reporting record profits….but there’s no correlation. Hmmm.

I guess you didn’t hear Elon decided to cut his workforce by 10% anticipating a slump in sales. Elon doesn’t share your optimism.

Isn’t his major production hurdle a worldwide chip shortage, which he can do nothing about? Not sure how he’s going to ramp up production without more chips.

China isn’t the only economy in trouble….where is this unsold production supposed to go? Europe?…in trouble. US?… looking like we’re in trouble and a logistics nightmare. How much does shipping add to the price too? $5k? More?

All car manufacturers raised prices multiple times last year significantly, they all have a shortage of chips. I think it’s more likely he raised prices because he could without slowing down sales, not in order to slow sales.

Granted, ev’s are in high demand, but the big 3 are ramping up production and will outbuild Tesla in short order, as are European and Asian companies. He’s done great without competition, but some real competition is coming. The electric F150 is going to produce around 15000 this year with over 120000 (edit now 200000) reservations. They built a billion dollar factory for it alone, it will be the best selling full sized ev truck as soon as production starts. They also won’t have a chip constraint because they can take them from their huge f-150 supplies to meet production estimates.

If you want Tesla stock it’s not the worst time to invest, that was last November, but I certainly wouldn’t go all in. The PE ratio is still near 100….GAWD AWFUL. That’s called a speculative bubble….they pop. Ask Twitter.


Sorry about your dad. Mine died when I was 21. It’s never easy.

bobknight33 said:

I respectively disagree.

This is the buy of the year. 40% off from its high. Not from anything Tesla has done ( or not done) but from the economic state America is going through.

I don't think this will turn around till our leadership changes in 2024


Since last qtr 2021 Tesla opened 2 Giga Factories Texas and in Germany. They are ramping up and will get full speed in 2 years. This year expect 200 thousand from these as they ramp.

Giga Shanghai was shut down and lost 50, 000 vehicles of production. They reopened fully 2 weeks ago . China economy is taking a big hit. But what isn't sold will be ship and sold elsewhere.


2022 yearly estimate production is still about 1.5 M vehicles for the year.

Wait time from order to delivery is average 7 months. Tesla increase their prices 8 times last year to keep this 7 months from getting worse.

Demand out strips supply.


Gas at 5$/gal isn't helping the ICE vehicles at all and will push EV demand even higher.


Like I said

This is the buy of the year. 40% off from its high.
Also looks like a stock split of 3 to 1 is coming. This does nothing but make it cheaper for those who would like to enter this. One can do so at a lower, affordable price point.



Buy and hold



Buy 10 shares and hold for 5 o 10 years.





FYI.
My dad passed away last month on the 28th. I've been out of work tending to him and now settling the estate.

Tesla’s TOTAL DOMINATION (new data)

newtboy says...

The cars compared were as I described. There are no truly comparable electric vehicles available today. Somehow you think that’s a dig at Tesla? It’s a compliment, and a lament.

Not at all. I would love one. They have made missteps however.
Not a fan of Musk.
What should be clear is I’m not a fan of bullshit.

I’m also not a fan of monopolies.
I’m also not a fan of successful companies bargaining away their tax liabilities for little in return for the public.
I’m not really a fan of space tourism for billionaires either, not while poverty exists. What a waste of resources for no return.

Chip shortages are the only real obstacle, the rest are speed bumps.

It’s a problem if you don’t want to pay $60k for a $25k car…I thought inflation was bad. Now you love it?

Tesla made deals to not pay taxes. You can pretend that’s patriotic, it’s not. I didn’t say they ignored or committed fraud to escape taxes, I said they don’t pay them. That kind of agreement shouldn’t be acceptable for any company, especially one as profitable as Tesla. Yes, it’s a “the governor and/or legislature can waive taxes for companies he likes” policy issue, I find it abhorrent no matter which party does it, they both do.

If you backroom deal with right wing governors/legislatures to avoid taxes, you are far right, at least economically. I thought he came out as a Trump guy too, but might be wrong.

Tesla’s TOTAL DOMINATION (new data)

bobknight33 says...

Competition? Seriously what competition is there?

2 things are clear
Clearly your anti Tesla.
Clearly you truly dont know much about the EV market.

Tesla is dominating the EV space.
Tesla has 8 quarters of growth.
Growing roughly 20% per quarter and about 70% YoY
2021 seen 84% growth in car sales.
Demand is a 6 month wait.
Tesla has sold 930K vehicles in 2021.
2022 Fremont and shanghai will make 1.2Mvehicles alone.
Giga TX and Berlin coming on line soon should add 500K vehicles.

Ford / GM do not have the capitol to make EV and ICE.
Layers of management and union demands will keep from a rapid necessary to EV.
Ford / GM have each have over 100 Billion in debt
Factory closing and chip shortages causing more Ford /GM losses
Ford / GM probably go under unless bailed out.
Ford/ Gm lost sales and Tesla grew sales.

Toyota also dragging their feet.
VW is the only company seems to be moving to EV in a substantial manor.


As you say high demand / low supply is some how bad. This is good place to be. Its a supply issue . Tesla is addressing that.

Saying Tesla doesn't pay taxes. false argument. Every company pays their taxes. If you don't like the amount then that's a government tax policy issue.

FSD is still in beta form. It is not a final product. It is pretty fuckign good as is.


Elon being pro corporate anti tax is what you would expect.
Im sure Apple, Facebook, Google are all in this same camp.
Far right? I dont know about that.

newtboy said:

So, time to end the subsidies and tax breaks for Tesla then. No more government handouts for them.

They’re not going to be so dominant when actual competition is available, coming soon from every maker. (High demand, low inventory, double sticker price gas cars aren’t a fair comparison.).
They also wouldn’t be so profitable if they paid taxes.

It was not a good move to program the self driving unit to run stop signs. (Yes, they programmed it to just “rolling stop” at stop signs recently which is not just illegal it’s also dangerous.). That’s the kind of upgrade you get with Tesla, without warning. How many recalls now?

Also not a good move for Elon to admit he’s far right, pro corporate subsidy, anti tax. It alienates most of his customers.

bobknight33 (Member Profile)

newtboy says...

Holy shit.
Did you know that three weeks ago cyber ninjas actually admitted they had installed malware into Maricopa voting machines?
I knew the machines had been invalidated after cyber ninjas had them because of fears that in their incompetence this could have happened, now it seems cyber ninjas knew it had happened (it looks intentional) but didn't admit it until three weeks ago.
These guys are the right's best digital security people?

And what did we get for this $3 million mistake? A review that any competent middle schooler could have done better, would have made fewer mistakes, and wouldn't have destroyed an entire county’s voting equipment, and wouldn't have been a dishonest tool for Trump making outrageous and completely false claims that can be debunked within an hour.
Their Twitter accounts are suspended for lying.

Now consider, cyber ninjas was demanding access to dmv computers, police, sheriff, county, and state computer systems and routers, even health care records...and would have infected every state owned system had they been given access. They want to repeat this in every county Trump lost....destroying the voting ability of any county that went to Biden. Just to replace the routers in one county would cost $6 million....and because there's a severe computer chip shortage, it would take up to multiple years to buy and install them, during which time they couldn't vote.

I think it's time to audit all counties that voted for Trump, because any county that would elect him has something seriously wrong, and because all the actual fraud found has been by his voters. If some malware disenfranchises all those voters in the next election, it will only be in an effort to secure the vote, so no foul, just like the targeted anti voting rights laws you guys are enacting to disenfranchise tens of millions of voters.

Keep in mind, Democrats have sponsored uncountable bills to safeguard the election systems nationwide, republicans wouldn’t even consider a single one. They aren’t interested in a fair vote, a safe vote, or a secure vote…only a Republican vote by any means. They’ve said so publicly uncountable times….if every eligible American has the opportunity to vote, “ you’d never have a Republican elected in this country again,”-DJ Trump

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