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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

noims (Member Profile)

bobknight33 (Member Profile)

newtboy says...

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.

ant (Member Profile)

GET LAMP: The Text Adventure Documentary

StukaFox says...

Ant,

It would require a fairly intensive refactor to get it to work. The hardest part would be figuring out how to shoehorn GOTO into a modern BASIC interpreter since that command was taken out back and shot in the head -- and for good reason -- but with the memory and processor restrictions of computers at the time, GOTO was necessary because GOSUB required 4 bytes of stored information and a bit more processing power. There's also a number of functions that are exclusive to TRS-DOS BASIC and the Model III in particular.

At one point, I thought about moving the code from BASIC to Z-80 Assembler, but by then the first PC Jr. clones were out (I had a TRS Model 1000 and it was GREAT!) and it no longer made sense to continue doing anything on the Model III.

The worst loss is the database data, which was all the room and pathing descriptions, as well as part of the warm storage for the games. That's the part that breaks my heart to have lost.

That said, the sound over an acoustic coupler of an analog modem making a 300 bps connection is still makes me smile.

ant said:

Do you still have them? If so, then revive for the Internet!

GET LAMP: The Text Adventure Documentary

StukaFox says...

So this is absolutely true:

When I was 14, I wrote the (as far as I can determine) first parser-driven BBS in the world, basically creating the first purpose-driven, "multi-player" online adventure game, with the following caveats:

- Unis had such games themselves, but their access was limited to other university students and not the general public.

- It's also possible that someone else might have done the same thing before me, but I have never found any record of a such a BBS or online game existing prior to 1981.

The name of the BBS was 'New House of Wrath' and it featured a house that you explored via simple verb-noun syntax. Each room in the house was a BBS function (various text games which I wrote myself / a message base / a philez repository / a graffiti wall) as well as a simple underlying adventure in the style of Zork. The whole thing was written in sloppy TRS-DOS BASIC on a TRS-80 Model III and resided within 48k of memory including a primitive DB engine that I wrote. I still have a 8-pin dot-maxtrix print out of the code.

Shortly after my BBS went "online", a couple of multi-line BBSs sprung up, but these were straight BBSs without an overlying structure like mine.

At the time, I thought nothing of writing the BBS other than it was a fun thing to do. 80 Micro, the magazine that covered all things TRS-related, was going to write a story about my BBS, but nothing ever came of it. I ran it until about 1986 when I finally gave up because everyone was going to online service like Compu$erve and Prodigy.

I know I'll never get a single bit of credit for what I did, but I know what I did and I'm proud of my little contribution to the online world; that'll have to be enough.

The Decade of the EV

SFOGuy says...

On this one, Bob, assuming you are not being ironic, I totally agree with you. Most people drive about 11.5 miles each way to and from work--and most cars used for non-work go less distance. Range for at least one car in a family isn't really the hang up.

A Tesla Model X (just to pick one) goes 0-60 in around 3.8 seconds. 3.8 seconds is ridiculous fast. The Plaid variant does it in 2.5 seconds. The fastest internal combustion engine I've ever personally lived with did/does it in 5.9. Thus, moms hauling groceries can flatten the bags against the rear hatch about twice as fast as me. I am a poser lol.

The F-150 pick up is rumored to do it..4.4 seconds. Good grief. The load will fly out of the bed.

Those are FUN vehicles.

bobknight33 said:

The ICE era is ending.
This is the decade of the EV.
Are you ready?

Cathie Wood 1700% Tesla & EV Growth WRECKS Legacy Auto

JiggaJonson says...

Don't get me wrong, I want all electric vehicles on our roads; but your lord and savior made it harder to buy Teslas https://fueleconomy.gov/feg/taxevb.shtml by allowing the tax credit to expire during his term

"Tesla vehicles purchased after 12/31/2019 are not eligible for these tax credits."

Hmmm who was president in 2019? Dunno. Dems are working on a plan to restore the credit to Tesla and GM, but I assume it'll be killed by McConnel and Manchin


Even WITH the tax credit, it's a hard buy for most of us. I just finished paying off my first new car @ about $25k, but I DO make trips longer than 250 miles in a day somewhat regularly. So even the $40k model wouldn't do for me. $52,000 is simply out of my price range. Shit, even 40k is too much for me. SHIT even 35k is too much for a person without a car payment as of a few months ago. No thanks.

I'm gonna ride this car until the wheels fall off, I get 43mpg and I'm satisfied with that.


Tesla stock meanwhile seems to vary wildly. Go get some boring mutual funds brother. Easy come easy go, they say.

Stray - Gameplay Trailer

StukaFox says...

I'd just like to point out for the record that Steam has 10 games where a fox is the protagonist and only one where it's a cat. This means foxes are 10x better than cats. Cats are 10x better than people, leading to the inescapable conclusion that foxes are 100x better than people. Using advanced AI modeling, the universal constant of people being 100x better than Republicans equates to foxes being 100x . . . uh . . . hmmm . . . lotsa numbers there. Ok, to keep things simple, let's just say foxes are a million times better than everything else in the universe.

In short, if you want to be a better person -- or better anything -- be a fox.

But fuck off because we're closed.

How robots could end animal captivity in zoos & marine parks

cloudballoon says...

I don't go to the zoo for the exact same reason (in additional to all the allergen triggers I want to avoid), but that doesn't mean I can will zoos into, ahem, extinction. What I'm saying is we need to remodel the whole "enclosed animals for human entertainment" industry to a conservators of protected (near-extinction or injured) animals model. That'll make school trips worthwhile for educational purposes.

newtboy said:

Well, I don't go to zoos because I understand they're keeping wild animals in captivity for the visitor's entertainment, and in most cases I find that awful. I would be much happier seeing animatronic critters paying for wild animal rehabilitation.

China/Shaky building/Collapsing

Khufu says...

It's like the same business model as the cheap fashion and electronics rip-offs you get from China, but with architecture... it's not a real building, but it looks JUST LIKE a building! you can even go inside! ..until you can't.

Divide by Zero on the Friden STW10 Mechanical Calculator

Ginrummy33 says...

My grandfather had one of these, or a very similar model, when I was a kid. Division of big numbers could take several minutes of entertaining clicking and things moving around a lot.

Why is that even a question?

bcglorf says...

The problem is, it's complicated.

First off, is the legacy of historical damage still scarring aboriginal communities in Canada.

Even disregarding that complexity though, current structure of governance in Canada makes the problem harder to identify and resolve.

Singh's return question is what would you do if Toronto faced the same problem? The answer is the federal government would by and large do nothing, because water supply is a municipal responsibility and the Mayor and city council of Toronto are responsible for fixing it, and thus federal funds don't go in and instead municipal tax money is used to keep the water supply going. Across Canada that model is working pretty decently, by and large.

The real question then is why are reserves having a harder time? Well, afore mentioned historical trauma aside, reserves represent small communities directly comparable in size and make up as municipal communities. However, the reserves are NOT managed like municipalities. Instead Canada still has a two tiered system of governance, one for reserves and another for municipalities.

In term so governance municipalities report to the provinces and the provinces report to the federal government. Reserves report directly to the federal government.

The affects everything related to governance and is responsible for a host of confusion and difficulty.

Services: Education and Health are provincially funded, and so the federal government transfer money to the provinces and tells them to figure out education and health services. Municipalities then just get those services. Reserves however sit outside that, and get entirely different intermediaries.

Taxation and funding: municipal, provincial and federal governments all gather taxes and distribute funds up and down. Reserves only deal with funding though directly to the feds, again cutting out the provincial intermediary.

Both of the above mean making an apples to apples comparison of communities to try and ensure both are treated 'equally' is impossible. It also means that solutions that work on one side don't in the other.

It's a big mess, and just throwing money at the system and saying that will fix it is just wrong. Not only that, it's been TRIED and failed. The above mentioned differences also apply to rules surrounding transparency, accountability and fraud prevention. Meaning there are a great many more loopholes available on the reserve funding side for anyone involved or attached to providing services(be that council members on reserve, or any number of external entities hired in good faith to perform services). That in turn means the amount of money lost to direct and indirect corruption is harder to find/stop.

So fix all that is the next obvious response. The problem is still complex though because when does 'fixing' becoming simply white folks making aboriginals do things the 'right(white) way that was already the source of lingering historical damage I didn't even consider yet...

It's a hard problem to solve and Singh's just trying to score cheap political points peddling easy and false answers to a complex problem.

James May's Tesla Model S has failed!

cloudballoon says...

The design flaw is not that the 12V conventional battery can die or lack of charger port. It's that you can't open the hood to replace it (or other parts of the engine) in a Tesla (or the Model S at least) when the 12V battery dies. Conventional car models use a MECHANICAL means to do that.

Khufu said:

while the dismantling seems problematic, 1 hour is nothing when messing with body panels. I'm impressed.

but any car battery can die when left undriven and other cars don't have trickle charger ports installed from factory, you have to add those yourself. (and should)



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