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Why I’m ALL-IN On Tesla Stock

StukaFox says...

Bob, please read this carefully. I know we fuck around a lot here, but I 100% honestly don't want to see you get hurt financially.

Obviously, if you believe in TSLA, I understand you putting your money where your mouth is (full disclosure: I'm holding POTX and CURLF, so I'm on the same page with what I'm saying on this) but PLEASE don't bet money you don't have on TSLA.

“At 10-times revenues, to give you a 10-year payback (P/E 10, my note), I must pay you 100% of revenues for 10-straight years in dividends. That assumes I can get that by my shareholders. It also assumes I have zero cost of goods sold, which is very hard for a computer company.

That assumes zero expenses, which is hard with 39,000 employees. That assumes I pay no taxes, which is very hard. And that expects you pay no taxes on your dividends, which is kind of illegal. And that assumes with zero R&D for the next 10-years, I can maintain the current revenue run rate.

Now, having done that, would any of you like to buy my stock at $64? Do you realize how ridiculous those underlying assumptions are? You don’t need any transparency. You don’t need any footnotes.

What were you thinking?”

-- Scott McNealy was the CEO of Sun Microsystems
2002

At the peak of the Dot-Com, roughly 30 stocks in the NASDAQ 100 traded above 10 P/E. Today ALL stocks in the DAQ do: the average P/E is ~25.5.

TSLA is at a P/E of 175.

There is no American economy. There hasn't been since since October 3 of 2008. Things got catastrophically worse on September 17th of 2019 when the repo market came within hours of completely locking up in a catastrophe that would have made AIG look like a rounding error. The Fed was forced to firehose astronomical amounts of money into the system to keep this from happening and this was before Covid.

In Jan of 2021, there was $2.6 TRILLION in Zombie Debt out there. That's $2.6 TRILLION on the verge of default at 2021 interest rates. The Fed is now in a horrific position: raise rates and watch massive defaults explode like financial nukes, or keep rates steady and watch inflation implode the economy.

People don't understand how bad this is and how much worse it can get. If the Fed has to raise rates by 500 BP -- and Christ fucking help us if they do -- the first order defaults will be the worst in Capitalist history and the second and third order effects could very well be the nightmare scenario we came within 36 hours of in 2008.

Save your money, Bob. Cash is king. And fuck BTC.

Mil Mi-26 Picks Up Tupolev 134.

Repo Man (1984) opening song - Iggy Pop

BSR (Member Profile)

Mordhaus (Member Profile)

Mountain of Hell Downhill Race

Repo Gone Wrong

Honest Trailers - Gravity

arghness says...

Watch Brazil and/or Repo Men for that. Maybe Total Recall too, but that's less explicit.

Oh man, the spoilers, the spoilers!

Payback said:

What bugged me the most about the movie is knowing you can't get to the other stations like she does. Those things are hundreds (thousands?) of miles apart at any one point in their orbits. They made it look like going next door for a cup of sugar.

Once she had the Clooneycination, I thought we were going to find out her getting back down to Earth was the same, and she died, spinning off into the void like Darth Vader was supposed to.

Russia 'struggles' against illegal parking (volume warning)

Battleship - Official Trailer #2

Payback says...

>> ^EMPIRE:

ok... so... this has ZERO to do with the board game. Why even call it battleship? They could have done an actual sea battle like conflict, but they went with aliens. Don't get me wrong, even though I'm pretty sure this will suck, there's some really cool imagery, and I wouldn't mind watching it, but why the FUCK would they call it battleship? no one is going to watch this because of the board game. If they had called it, oh I don't know, maybe "Sea man Explosion" it would have no impact on the box office, and they wouldn't have to pay Hasbro a 1 cent.


Actually, I'm pretty sure someone had to make a bunch of movies about Hasbro I.P. in order to secure rights to Transformers. They've already made them for Rock'em Sock'em Robots (REAL STEEL), and Operation (REPO MEN). They just used the real name this time out.

TDS: Dancing on the Ceiling

Tear Gas in Athens

rougy says...

It's another example of people being punished for something far beyond their control.

Austerity for us: cheap labor for business, and bargain real estate repo's for the banks.

Flee from the scene? NOT ON MY WATCH!!

Lawdeedaw says...

>> ^Januari:

>> ^ravioli:
Cop was suspended... at least. yay

It's a very small step... but probably didn't even lose any pay. Is there another profession on the PLANET where you wouldn't immediately be fire let alone have the police called and be arrested for if you did this?... i mean... ok Professional Wrestler... Professional Hockey Player... but what about the other 99.9% of us... NO WAY... we're already in jail if thats us.... Oh yeah... thats right... and f'n cop!


Suspended = pay loss. So I am not sure how you question whether it means no pay loss? Now, if you meant salary reduction, that's different.

And other professions? Hundreds, just for your info. Let's go over just a few shall we? Tow Truck driver, athletes of all kinds, movie stars, Broadway actors, music stars, repo-men, politicians, Soldiers, Marines, Air Men, Sea Men, farm hands, truck drivers, fishermen, etc.

Additionally, jobs like Walmart, Sears, Target, Sheets, etc. don't really fire you because you can just quit, and by next week you can have another job at any other low paying job (For example, you get fired from Walmart, just go to work for McDonald's.)

Worst Videogame Product Placement Yet (Alan Wake)

NordlichReiter says...

>> ^budzos:

>> ^NordlichReiter:
I was thinking of buying it. But not now.
When I bought Rainbow Six Vegas and I saw the add placement for Repo-men I was disgusted. Rainbow Six Vegas sucks too. The multi-player was horrendous.

What the hell could possibly offend you about this to the point where you're not going to buy the game? To me, having a real ad on the TV screen in an extremely realistic game only adds to the immersion. I know it's a fine line, but I seriously don't understand your reaction to this specific example.


For you it may make immersion greater, but for me it breaks the whole survival horror immersion.

It's like a salesman in a bright red leotard standing amidst the brown haze of a horde of zombies.

Worst Videogame Product Placement Yet (Alan Wake)

budzos says...

>> ^NordlichReiter:

I was thinking of buying it. But not now.
When I bought Rainbow Six Vegas and I saw the add placement for Repo-men I was disgusted. Rainbow Six Vegas sucks too. The multi-player was horrendous.


What the hell could possibly offend you about this to the point where you're not going to buy the game? To me, having a real ad on the TV screen in an extremely realistic game only adds to the immersion. I know it's a fine line, but I seriously don't understand your reaction to this specific example.



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