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newtboy (Member Profile)

Why GM Says Its Ultium Batteries Will Lead To EV Dominance

newtboy says...

This gives them almost 2% market share….with no real competition.
Competition might arrive this year, with the big 3 each possibly producing more than Tesla next year.
Ford alone has committed $50 billion to ev production in the US. The big 3 see Tesla as a proof of concept, not competition.

bobknight33 said:

2016 15K Vehicles
2017 25K
2018 35K
2019 77K
2020 102K
2021 180K
2022 305K

Why GM Says Its Ultium Batteries Will Lead To EV Dominance

spawnflagger says...

I think Tesla does some innovative stuff - like using the worlds largest metallic moulds (built by some Italian company if I recall, which make those exclusively for Tesla). But ultimately Elon is a "hype man", and most of his promises have fallen flat (check out Thunderf00t's youtube channel - he debunks many scammy startups as well as Elon's claims, using high school chemistry and physics).

I do applaud Tesla for opening additional factories in Germany and China so quickly, but exponential growth (for any EV maker) is impossible - there's simply not enough easy-to-mine lithium in the world. (Maybe Elon is planning to mine some asteroids instead of going to Mars? who knows)

The GM battery tech isn't exciting or sexy, but it is a means to building a more affordable EV. Ford is already shipping F-150 Lightning (assuming its not affected by the same contactor recall as the Mach-E). Rivian has been (slowly) shipping trucks.
Where's the CyberTruck? I bet even the electric Silverado will start shipping before the CyberTruck.

Why GM Says Its Ultium Batteries Will Lead To EV Dominance

bobknight33 says...

Once again @newtboy you speaking from a position if ignorance.

Tesla is down 20 30% due to The economic forces not due to TESLA.
My current worry is a recession which will hurt all including Tesla stock price.. We can thank Democrat policies for steering us into this costly mess.



Tesla is expanding rapidly , Or as you indicate I am mistaken?

Q1 production over last few years.
2016 15K Vehicles
2017 25K
2018 35K
2019 77K
2020 102K
2021 180K
2022 305K

What dickhead data did you look at?

https://www.statista.com/statistics/715421/tesla-quarterly-vehicle-production/

Looks explosive to me, some can say exponential .
Maybe you dont know math that well -- And your a math teacher? So you say. Seems like you are doing a disservice to you students.

10% reduction of force of white collar jobs but hires hundred of workers for the auto lines.

Cherry picking data or do you just read headlines?


Now you push some BS just to please you ego?

"Says the guy who repeats every far right lie he hears."
I dont push lies. Just Truth That is Hunter biden in the video -- or am I wrong?


Then you write;;;;

"Then he says don’t listen to professionals or sales numbers, get your information from Tesla fan boys online exclusively."


Where did I say that? Pleas me .


Sandy Munro's team saying that the battery tech is obsolete.

Do you self a favor and look him up. He is way superior than your elitist mind is.


Difference between you and me is that you see 1 article and are now an expert.

How much articles/ videos have you watched over the last year about the EV market? 6? WOW Check out the big brain on you.


When will your ego pop?

I watch the whole thing ..

newtboy said:

Lol…says the totally honest guy who still says “buy Tesla, it only plunged 20% so far this year” (when reality is it plunged 32% this year).
Says the guy who takes Elon’s word as gospel….no way he has incentive to exaggerate or lie about his success.
Says the guy who still thinks the semi truck is coming, and will revolutionize trucking (despite having 1/3 the cargo capacity and limited range).
The guy who said Tesla is expanding exponentially on the same day Elon announced a 10% reduction and that he’s burning through billions every week and can’t get anywhere near full production capacity, not even near profitability yet.
Says the guy who claims the Tesla truck will corner the market but doesn’t know it’s delayed indefinitely if not cancelled because it could never compete with Ford.

Says the guy who repeats every far right lie he hears.

Then he says don’t listen to professionals or sales numbers, get your information from Tesla fan boys online exclusively.

Then he says this new modular battery tech is old obsolete tech like a blackberry.

Tesla is far less likely to make it through the decade, they were the big fish in a puddle, now they’re a small fry in a little pond that just had the tide break through and now there are sharks in there with it.

I’m guessing you didn’t watch the whole thing.

Why GM Says Its Ultium Batteries Will Lead To EV Dominance

bobknight33 says...

Mary Barra GM CEO. Her job is to "say" they are the leader, even when they a are not and wont be. Don't believe her.


There are few YouTube channels to watch on EVs. Sandy Munro is 1 of them.

Ford and GM are the Blackberry of their day.
They may make it through the decade but will be insignificant in the market.


Do you think CNBC would positive spin GM because of all the advertising they do? Would they be 100% honest?

Tesla BLOWS AWAY Expectations. (Q2 2022 Recap )

newtboy says...

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!!!

bobknight33 said:

How well do you follow Tesla? Most likely you answer is near zero. But you sure have all the answers.


Once again You foolishness is on full display. Cherry picking numbers? Thats ok

I said it was down a great amount. 20% or your 32% pick your date pick you %. Does not matter.

IF chicken was on sale 20% or 32% below normal pricing you would buy? Same with Tesla.


This is due to the overall economy. not from anything Tesla is doing. Tesla is is growing. 84% last year and 70% the year before.

This Q2 growth was only 50% . Mostly due the china shutdown. China is back up and running and at record capacity.



Biden economy and Communist fuckery is holding Tesla down , not Tesla. Hence it is a great buy.

Maybe your just a Union only guy? Thats OK.


Regardless of current stock price., who wouldn't want to buy the stock of a company growing 50% YOY?

I follow daily. I have about 1500 shares in the Tesla. And your are right I am down from that $1200 high. But I'm looking long term. 5 year min. I see explosive growth over nest 8 years.

Tesla goal is to make 20Million vehicles/year. Last year nearly 80 million vehicles were made globally. ICE vehicle sales are declining about 7% YoY since 2017. Al the while EV sales are growing.

What side of the fence do you wan t to be on? When Apple entered phone market they were a computer company. Today they have 20% of the phone market .



Apparently not the great intellectual foolish and ignorant @newtboy , who know everything about everything.


Finally, Now you want Elon to buy Twitter?
$1 billion penalty. That nothing to Elon.

Guess if MSNBC says something it must be true.
Newt, your one gullible dude, lady, sis whatever.

Tesla BLOWS AWAY Expectations. (Q2 2022 Recap )

bobknight33 says...

How well do you follow Tesla? Most likely you answer is near zero. But you sure have all the answers.


Once again You foolishness is on full display. Cherry picking numbers? Thats ok

I said it was down a great amount. 20% or your 32% pick your date pick you %. Does not matter.

IF chicken was on sale 20% or 32% below normal pricing you would buy? Same with Tesla.


This is due to the overall economy. not from anything Tesla is doing. Tesla is is growing. 84% last year and 70% the year before.

This Q2 growth was only 50% . Mostly due the china shutdown. China is back up and running and at record capacity.



Biden economy and Communist fuckery is holding Tesla down , not Tesla. Hence it is a great buy.

Maybe your just a Union only guy? Thats OK.


Regardless of current stock price., who wouldn't want to buy the stock of a company growing 50% YOY?

I follow daily. I have about 1500 shares in the Tesla. And your are right I am down from that $1200 high. But I'm looking long term. 5 year min. I see explosive growth over nest 8 years.

Tesla goal is to make 20Million vehicles/year. Last year nearly 80 million vehicles were made globally. ICE vehicle sales are declining about 7% YoY since 2017. Al the while EV sales are growing.

What side of the fence do you wan t to be on? When Apple entered phone market they were a computer company. Today they have 20% of the phone market .



Apparently not the great intellectual foolish and ignorant @newtboy , who know everything about everything.


Finally, Now you want Elon to buy Twitter?
$1 billion penalty. That nothing to Elon.

Guess if MSNBC says something it must be true.
Newt, your one gullible dude, lady, sis whatever.

newtboy said:

Crushing it…Down 32.6% ytd from $1199 Jan 3 to $815 today, not 20%….why must you lie in every post?
Be prepared for it to plummet if Elon is forced to go through with buying Twitter or even pay the $1 billion cancellation fee, because he will have to sell that much Tesla stock to pay.

bobknight33 (Member Profile)

newtboy says...

You must be so proud that your state legislature has recently written laws that seriously discourage EV charging stations from being built, including state funding to destroy those already in existence.
Now any business with an EV charging station must list on every receipt exactly how much of every purchase went to subsidize the EV charging station and electricity. Any that refuse will simply have their EV station removed by the state.
Any that comply will be driven out of business by assholes who are outraged their $150 diesel bill includes a $.75 charge to supply electricity to the charging station.
Really gonna help Tesla. Way to go N Carolina. Con policies at work. Also great for gas prices, doing everything possible to stymie any alternatives.

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.

newtboy (Member Profile)

bobknight33 says...

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.

newtboy said:

Ouch. From $1222 to $702 and projected below $600. Gotta sting for anyone who took @bobknight33 ‘s advice, especially anyone “all in”.

The idea that it might bounce back like it once rose is naïve too…with serious production and labor issues and no longer being the only game in town, not even the best anymore by multiple different measurements, Tesla is looking like it’s bubble might be bursting.

Ouch.

Why I’m ALL-IN On Tesla Stock

bobknight33 says...

Not smart for some/ most, agreed. Most people let some one else manage their $. Most people don't watch day to day.

I've been buying stocks for last 20 years. Took a lot of lumps. My main goal was to not to loose my shirt. A lot of lessons learned, mainly what not to do.

Main lesson learned was to find a Amazon.Target, Starbucks or Apple just as they become trendy. If you had bought and hold any of these for the last 10 years, you would be doing just fine. Tesla fits this model. Its 20 years old and finally over last 2 really planted its stake permanently as a auto maker. They are the EV leader.

That being said Tesla is easy to follow and see. There is enough active YouTube channels people reporting daily from around the world on Tesla. A person can fully understand this business and what is going on.

Other companies are more secretive and also no one really cares.


My final thought is this. IMO Tesla is at the same point as when Steve jobs introduced the iPhone in 2006.

Dont you wish you loaded up on apple back in 2006 @ $7 bucks a share? Apple close Friday was $168.

Its about the long game.

newtboy said:

All in on one stock is not smart investing. Not one bit. Never. Ask anyone who invested in the highly profitable Enron stock. You might get lucky, and you might lose everything.

Watch The Tesla Plaid Go 0-160 MPH

bobknight33 says...

Sure plaid is overkill. But will also change the minds of all who see what EV can do and will push the decade of EV forward/


Like the horse and buggy, the I.C.E age is ending.

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.

The Decade of the EV

Car makers sue to UNDO Right to Repair in Massachusetts

cloudballoon says...

Can't agree more with the BS Apple shenanigans. But as we move into the world of EV these price gouging practices are only going to up without progressive government foresight.

vil said:

This is why I prefer M$ and Samsung over Apple.

Had fun replacing a Mercedes car key. Luckily the van is old so it only took a semi-underground repair shop that connects to a semi-underground server in Turkey (!) to get the key for an equivalent sum of 200$. The unprogrammed key sells for 10$ from China. Mercedes sells a new key for 600$. The programming itself takes minutes.

Now obviously someone in Turkey has the code to get into the van. So my security is compromised. But my anger at corporate bullshit is quelled slightly. If I ever get raped in a dark parking lot at least I will know it saved me 400$.



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