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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.

How One Powerful Family Destroyed A Country

newtboy says...

Wow.
Sounds incredibly similar the Trump family.
Nepotism to the extreme, massive borrowing, huge financial ties to Russia and China, huge corruption and theft problems at the top, completely ignoring the plight of the quickly growing poor populace, relying on questionable at best future earnings to repay massive overspending wasted on useless wasteful projects, living lavish lifestyles as the country dwindles, printing money to pay for internal projects, causing massive inflation, refusing to leave office, ….

This could be America if Trump gets a second term. Good find, Bob.

Tesla DESTROYS Q1 Earnings,

newtboy says...

D’oh!
Hovering in the low 700s now. So much for this surge. Oh boy indeed. Lol.

Bad news, Ford just announced they give customers a right to repair their own vehicles, unlike Tesla.

Tesla keeps its tech secret, uses proprietary tools they don’t sell, and goes the extra mile to make sure only Tesla service centers can work on a Tesla, allowing them to charge $15000 for repairs that should cost $700 (and do at the few after, aftermarket Tesla repair shops). This is because Tesla is a software company like Apple, and tries to use the same hyper control scheme that Apple does….essentially saying you just rent your Tesla, it’s not really yours to modify or repair.

Ford designed its crate motor, now available for aftermarket projects btw, the same motor in the E-mustang and soon in the e-f150, to be simple to work on with normal mechanics tools. They’ve indicated a willingness to make their systems open source so anyone can fix them. This is going to make Ford a much better choice even if their specs don’t measure up, and it seems they will.

Sorry, @bobknight33, it’s not looking great for your “all in on one stock” plan. So you understand, in order to be a good deal, Tesla stock still needs to drop by 4/5…or down to around $150 +-. That would put its PE ratio around 20….still high, but considered decent these days. 100 PE is just insane.

Ameca and the most realistic AI robots. Beyond Atlas.

newtboy says...

Your comments are uninformed.

Billions in losses at every factory may or may not be temporary, but it’s still billions in losses. The company’s value is based on pure speculation, not any semblance of profitability. As he downsizes, new much larger manufacturing lines are coming online from his competitors. He can’t get to 70% capacity to even break even because he can’t get chips, unlike his competitors. If investors become disillusioned, he goes broke and his company goes bankrupt.

Hiring!?! I guess you didn’t get the memo, they are downsizing by 10% across the board according to Elon, with more to come, because he expects sales to drop precipitously when his predicted depression occurs next year. (And because his other side projects aren’t generating cash flow he can pump into Tesla)

You have any other observations to have debunked?

Please enlighten us with your wisdom.

bobknight33 said:

Your comments are uninformed.

A new factory does not become profitable until your up around the 70% full production capacity. Berlin and Texas just opened and putting out about 1000/week. This need to get to about 15000/week.

FOX news bitching about salaried layoffs -- And your point is what?

However, Tesla is hiring hundreds of factory floor employees.


You have any other observations to share?

Please enlighten me with your wisdom.

California is Running Out of Water

newtboy says...

What do they mean “running out”? We’ve been out of water for decades.

As bad as this sounds, I think he’s under selling the problem big time.

Federal officials announced in February that California farmers will get no federal water this year, zero (that’s the Central Valley Project), while the state has allocated agriculture only 15% of normal from its distribution systems.
Meanwhile the state has also demanded agricultural water districts and cities stop diverting water from rivers and streams along the San Joaquin River. This includes 200 cities in and around the Bay Area, like San Francisco which gets up to 85% of its water from those rivers and streams.
Some rivers and streams in California have stopped flowing, all have reduced flow. The Mad River, just blocks from me, is usually 6-8’ deep bank to bank (75-100’) for at least 6 months out of each year, the last 3 years it never reached its banks and remained a shallow stream all winter, becoming a creek in summer. It is abnormal, most rivers are worse off.
Aquifers have already been depleted so much that the entire Central Valley is sinking rapidly. Reservoirs are WELL below 50%, despite what this clip said (Shasta is reporting at 40% today, but driving over it it looks like maybe 10-20% full with no inflow).
So far this year along, over 1000 residential wells have gone dry. This includes many entire communities losing their drinking water supplies completely. The number of agriculture wells that can no longer function is uncountable. It’s estimated we will lose 2700 drinking water wells this year state wide.

The California water problem isn’t a pressing future issue, it’s an ongoing unmitigated disaster we’ve ignored for far too long. At this point, it’s likely insurmountable, and a collapse of California agriculture will make today’s inflation seem like the good old days when average workers could afford to eat. Start a garden, it’s going to get weird.

Ameca and the most realistic AI robots. Beyond Atlas.

newtboy says...

Big dreams, but remember hyperloop, the amazing high speed public transportation Musk foresaw?
It was going to be autonomous pods driving hundreds of mph through multi tube vacuum tunnels, now it’s Tesla cars manually driven maybe 40mph through small one lane tunnels, with traffic jams already on the tiny test track ride in Vegas during the pandemic with riders limited to well under 1000 per hour (<1/4projected capacity) costing $52.5 million for 1.7 miles of inescapable death tube…. so underground death trap roads at only 8800 times the cost of above ground roads.
Remember the Tesla semi truck? Sounded great. Turned out it had less than 1/6 the cargo capacity of similarly size trucks because of battery weight and a 300 mile maximum range new (quickly dropping as batteries age) for the regular version, and unless you charge at Tesla with guaranteed discount electricity it’s not even cost effective against regular trucks per mile, much less per ton of freight….and still not any on the road, now estimated to start next year…maybe.

Notice the teslabot doesn’t list expected battery life, which is the big limitation on self powered robots. All the ability in the world is useless if they need to recharge every 10 minutes.

Elon’s ideas sound amazing until you look at them practically, and find that his projections are insanely unrealistic.

Edit: in his genius, Musk lobbied hard against the infrastructure bill that includes money to build the American chip manufacturing capacity…and now his plants are losing billions per year because they can’t get chips.

World's First Floating City

eoe says...

1. Never trust anyone who says "basically" too much about things that aren't basic at all.

2. I don't see Taco Bells, Walmarts, and other terrible elements of suburban life. I don't know how that'll float (ho ho!) in South Korea, but it'd never hold water (ho ho!) in the US.

3. I agree with newtboy. I'd like to know what sort of people are on their payroll or board of directors. Do they have all the sorts of scientists ad engineers you'd want for a project like this or just a handful of pie-in-the-sky Silicon Valley-ish types?

JiggaJonson (Member Profile)

newtboy says...

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.

JiggaJonson said:

https://www.investopedia.com/tesla-removed-from-widely-tracked-esg-index-5295510

https://www.nasdaq.com/articles/why-tesla-stock-fell-again-today

And i saw their price target went from $1,200 to $1,000 now it's down to $600 as a target.


Good luck with where the price is at.

WHOOPS!
I didn't mean to end a sentence with a preposition. I will correct.

Good luck with where the price is at, asshole.

bobknight33 (Member Profile)

newtboy says...

So, mr “wrong is wrong”… does that extend to Boebert, who was just notified by the FEC that she’s violated (more) campaign finance laws over 20 times this year by accepting personal donations over $2900? Just 15 years ago that would not only end a political career, but might end up sending the representative to prison…today it gets a stern letter and barely a mention by the media, but is no less illegal.
Let’s remember that she was with her husband when he exposed himself to two 14-15 year old girls, and tried to help him cover it up.
Let’s also remember she admitted she abused her travel funds massively, paying herself well over $20000 pretending (in writing) that she drove herself almost 40000 miles in 6 months for government business while serving in Washington, then changing her story and claiming a bunch of that reimbursement was for hotel stays she hadn’t reported (but any hotel over $200 is required to be listed, not doing so is also a crime).

So, the question is, should Boebert be barred from holding office for accepting these 20+ “bribes” and embezzlement? Let’s see if you can answer without deflection or projection..$5 says no.

Birds Aren’t Real

newtboy says...

Lol. You wish.
Too bad you already (privately) complimented me on how well I write, research, and how intelligent my arguments are, saying I should be a professional writer.
You can’t say I returned the compliments.
Go cry to mommy, little boy. You embarrass yourself with this projection.

bobknight33 said:

Infinitely more evidence of this conspiracy theory than that of your own intelligence.

Let's talk about Republican reaction to the SCOTUS leak....

newtboy says...

Are you having a stroke? If you talked like you write, I would call an ambulance. Read it, carefully.

1). Nice misdirection there. Way to completely ignore the accusation, and pretend you didn’t just call yourself and all republicans heavily armed crybaby pussies afraid of a few hipsters holding poster board signs.
Funny, because what you described is EXACTLY what women’s healthcare providers suffer from people just like you on a daily basis…the minimum they must tolerate, Bob. Not what happens TO the right, it’s what the right DOES. That’s called projection, you insane idiot. Those healthcare workers have the testicular fortitude to stand up to it daily, with not just constant protesters but death threats and murders and attempted murders constantly, bombings, firebombs, etc….so much they don’t make the news anymore.

2) I thought you cared about the law (*snickers*), the law doesn’t call abortions murder, neither does medical science…are you talking about Texans who immorally execute the mentally disabled? Or morally bankrupt Republicans who try to prosecute women who miscarry for child murder, with no child involved?

3) Are you really so intellectually bankrupt that you don’t think Republican women get abortions? I know you are morally and ethically bankrupt enough to say it even if you don’t believe it, but I’m not sure even you are dumb enough to think it’s true…but you’ve surprised me before.

4) 16 million? How far up your ass did you reach for that number? There were near 600000 terminated pregnancies last year. Would you like to be taxed enough to support them in state orphanages? Only around $1k per year (and rising 2-3% per year) for your share.

Such a little crybaby. You need a nap?

bobknight33 said:

No just just trying to stop the 16+ million murders that the left that fail to take a moral responsibility for their actions.

newtboy (Member Profile)

bobknight33 says...

Douchebags like you are the problem.

Projection is the stock and trade of the Democrat playbook.

newtboy said:

It’s a basic fact that the right are pure projection now.
Every
Single
Time.
Any charge you liars make up to foist against others ALWAYS turns out to be crimes you are ACTUALLY committing yourselves, proven by convictions.

This means, to anyone including yourself, when you say “ Democrats : The party of Death, Destruction, Debauchery” we KNOW you’re saying “ Republicans : The party of Death, Destruction, Debauchery”. 👏 👏 👏

https://youtu.be/Ex9cAbzGiN0?t=4

bobknight33 (Member Profile)

newtboy says...

It’s a basic fact that the right are pure projection now.
Every
Single
Time.
Any charge you liars make up to foist against others ALWAYS turns out to be crimes you are ACTUALLY committing yourselves, proven by convictions.

This means, to anyone including yourself, when you say “ Democrats : The party of Death, Destruction, Debauchery” we KNOW you’re saying “ Republicans : The party of Death, Destruction, Debauchery”. 👏 👏 👏

https://youtu.be/Ex9cAbzGiN0?t=4

bobknight33 said:

Of course the right is screaming who leaked and not Fuck yea we finally won because the right don't want leftest nut jobs circling this houses , business, etc and harass the shit out of them. The left are un civil.

The democrat party has known this day would come. They had 50 years to codify abortion into law and didn't.

To make it worse Democrats saw this day of reckoning when the last SCOUS was appointed. Democrats won 2020 and had full control and did not push any law at the national level to make abortion legal . Major error of the Democrat party.



You lost the argument fair and square..
But at the state level you can keep on killing . and some even up until birth.


Democrats : The party of Death, Destruction, Debauchery,

Let's talk about Republican reaction to the SCOTUS leak....

newtboy says...

More pure projection.

The right is screaming about the leak and not their theft of women’s rights by hook and crook because they don’t want the credit for this horrifically unpopular power grab by a severe minority, because it will lose you the midterm by a landslide, and for no other reason.

Hilarious you try to argue it’s because you strong gun toting Mericans are terrified of some soy boys standing on their sidewalks and chanting “no”. Cowards.

The left doesn’t try to kidnap representatives to blackmail the government into change, they don’t harass school shooting victims until they have to move a dozen times because a gay frog opponent told them it’s a lie.

The right are purely criminal, uncivil, racist, and completely insane liars that commit ACTUAL violent crimes constantly, like bombings, shootings, kidnappings, government building takeovers (not just surrounding them, but breaking in intending to hurt the occupants), false flag murders (even of police), (fake) terrorist anthrax attacks, mail bombings, ransacking, sometimes kidnapping officials, etc.
point to some current Democrats convicted…even just charged with armed kidnapping of a governor, or seditious insurrection. You can’t unless you make them up.

The left is civil, far too civil with the cheating treasonous violent racist thugs that comprise the right. We should be shooting you in the streets like republicans do to protesters. We should be holding closed door sessions with no republicans to write laws and pass them with no bipartisanship, like Republicans. If we didn’t have a 48-52 minority, maybe they would.

When have Democrats had 60% of both houses and the presidency? Never, you bold faced liar and loud know nothing fool.

Yes, when those 2 seats were STOLEN bu Republicans they saw this day coming, so asked each nominee about it, and they all indicated they had no plan to change the law, it was settled, reaffirmed precedent, the strongest kind of law besides an amendment, with constitutional interpretations supporting them. With no new evidence, no new science, based on religious misinterpretation, they tossed that in the garbage for politics…the respect for and honor of the court went with it.

Democrats do not have a majority because Manchin and Senema aren’t Democrats, they are bought and paid for Republicans. It’s shocking they haven’t been thrown out of the party…a true shameful mark on the Democrats.
I would point out, when Republicans had a majority in both houses and the whitehouse, they didn’t fund Trump’s fence.

They should remove (with extreme prejudice) Manchin and Senema, replace them, remove the filibuster, then add 5 seats to the courts…next month….republicans had control fully in 2016 and failed to make that illegal, major error of the Republican Party, totally fair play. No whining like a bitch when they do.

No, we didn’t lose any argument, nor was it fair and square. Republicans abused their power to steal the court control, installed multiple activist judges who rule based on religion, not law or science, and its going to cost them.

Such lies. You really have severe brain damage and zero honesty. List where you can get an abortion until birth. *crickets*.
Republicans just believe their right to kill you begins at birth.

Again, despite Republican representatives being actual murderers, terroristic anti American seditionists that tried to burn the capitol, and many are actual charged child rapists and sex traffickers, you call Democrats those things with zero charges filed, no instances to point to, no pending investigations, nor any evidence….because you are nothing but an insane liar, Bob. A worthless treasonous liar and likely child abuser based on what you’ve told me about your alleged children (but you’re such a liar I don’t believe you actually have any because you said you do…and if you do, you admitted that they have serious mental issues from living with you)

You’re just a liar spouting nonsense bob. Why are you so dishonest and uncivil?
I’m uncivil with you because I can’t stand liars or insane narcissists.
Eat a bag of baby dicks you constant (but not consummate) liar.

bobknight33 said:

Of course the right is screaming who leaked and not Fuck yea we finally won because the right don't want leftest nut jobs circling this houses , business, etc and harass the shit out of them. The left are un civil.

The democrat party has known this day would come. They had 50 years to codify abortion into law and didn't.

To make it worse Democrats saw this day of reckoning when the last SCOUS was appointed. Democrats won 2020 and had full control and did not push any law at the national level to make abortion legal . Major error of the Democrat party.



You lost the argument fair and square..
But at the state level you can keep on killing . and some even up until birth.


Democrats : The party of Death, Destruction, Debauchery,

The Best Female Swimmer in the World!

newtboy says...

They are real women, no matter how you wish otherwise.
Are men that take testosterone supplements not real males? Same for women taking estrogen, not real females? Women who’ve had a hysterectomy? Men who had penectomies or testicular removal?
Is this a “real woman” who should compete against women? https://www.espn.com/boxing/story/_/id/31662608/boxer-patricio-manuel-transgender-pioneer-looking-next-fight

What expertise in the fields of gender vs sex vs sexual orientation do you boast to contradict the actual experts with careers in those subjects?
A:None, you’re an alleged maintenance/service tech with embarrassing language skills, and apparently a total lack of scientific knowledge.

Where’s your evidence of that “disadvantage “? Where are the rest of the 2% of athletes that are top of their sport and trans? You make the claim, prove it (one example does not prove anything). Guess you failed math too.

That could be true if your loopy idea that men are pretending to be women to get an advantage in sports were in any way true, but it’s pure unadulterated nonsense.
Trans women must go through years of hormone therapy; supplements, hormone blockers, sometimes even surgery to be able to compete. In many leagues they must never go through male puberty. They cannot, as you clearly think is the norm, just put on a woman’s swimsuit and compete with women, then whip their dicks out after competition and go back to being macho men. Your insistence on keeping your head firmly encased in your lower intestine, in the dark, listening to yourself echo through your own fart chamber is what lets you believe such utterly ridiculous nonsense.

I think it’s abundantly clear to everyone which of us lives in an echo chamber of lies and nonsense and which of us thinks for themselves, and equally clear which prefers the light of knowledge and fact and which sticks to their dark cave of ignorance and misinformed opinion.

Er mer gerd…. ROTFLMFAHS!!! Mr cranial rectosis projects so freaking hard, yo.

bobknight33 said:

It puts real women at a true disadvantage.
Even a fruit loop like you should see this.

Guess your head still up you ass and you are living in the dark listening to your own echo chamber..



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