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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.

Vladimir Putin left waiting for Turkish counterpart Erdogan

newtboy says...

Didn’t make him wait nearly long enough.
It would have been great if he got tired, sat down, then Erdoğan entered making him stand back up.

Russian grain shipments should halt until all Russian aggression and expansion is halted and reversed. I believe the grain they’re discussing is the Ukrainian grain blatantly stolen by Russia. No NATO or UN. Nation should even consider paying Russia for it or allowing them to transport it.

I just don’t understand, why even discuss it?

How People Make a Living by Cleaning Up Crime Scenes

BSR says...

I don't do "clean up". I've done pick up and transport for 11 years. I've never felt a "presence" on any scene where I did a body removal other than inspectors, police or a pet. Flies and maggots don't count.

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.

Dodge Viper Crashes During Street Race || ViralHog

LIVE: NASA rollout their newest and most powerful rocket SLS

BSR says...

Don't expect much action but you can check on the progress of moving this giant rocket with a giant crawler. Much like how the Space Shuttle was transported to the launch site.

Jordan Klepper Takes On Canadian Truckers | The Daily Show

newtboy says...

If that’s your position I wont bother reading past sentence one.

It’s exactly the same as your other mistake, claiming a billion in goods delayed in transport is the same as a billion dollar loss.

Money not spent is not the same as money lost. It’s actual money lost vs potential expenditure delayed. It’s permanent actual jobs lost vs potential temporary construction delayed (the project as planned is cancelled, not the plan to build a pipeline SOMEWHERE, and spend a billion on it, just not through reservations and sensitive watersheds on the cheap.)

The auto manufacturers will never recoup the lost production, the oil company will build a pipeline. There are costs to delays/redesign, absolutely, but they aren’t 100% of the projected project costs or anywhere close.

Have a nice day. I’ve grown tired of the merry go round. I’m pretty sure we understand each other’s positions, and don’t see progress beyond that. You insist on not seeing similarities and differences I think are incontrovertible….like the idea that a blockade of a major city, closing it down for weeks +, is far more unacceptable and inconveniences exponentially more people and business than a blockade of a railroad out in the country, or of a pipeline on tribal land by the tribe.

bcglorf said:

@newtboy,

A company cancelling a multi-billion dollar project means multi-billion dollars not spent on the work of the project, that many jobs out of the economy. Exactly the same as a car manufacturer shutting down for a week, by your logic nothing was lost, the company just stopped spending money for a couple days...

I only support the groups right to protest, and not to illegally block roads or borders. I stand by my wish is for their prompt arrest when illegal blocking roads, borders or places of business.

That said, I believe it also wrong of me to fail to point out that our federal government has continually refused to act as I would wish in promptly shutting down illegal blockades. This is the very first instance were they've shown any interest in a prompt police enforced end, and they've in fact jump much further to invoking a declaration of national emergency so they can also target protesters bank accounts directly and without court orders.

An analogy would be someone that supports arresting people for possession of marijuana. The government then proceeds to only selectively enforce that law, say only acting to make arrests when people are a particular creed or color. It's perfectly consistent to believe the government arrests are wrong and unfair, and to NOT support them, while at the same time still believing the idea of the rule applied fairly being a good idea.

One side is about what I think the line for protest should be:
-I believe the right to protest should be independent of creed or belief, and should only be restricted when actions taken are illegal.(Ideally illegal being defined as impeding on freedoms of others)

By that, the convoy blockade of border or streets should have led to immediate arrests.

In the eye of fairness though, the last two years have already seen at a minimum 3 major protests, that included illegal blockades of work sites and railways and those were ALL allowed to run for weeks and in 2 cases months. The government of the day even tripped over themselves to message their support for the overall causes of the protestors.

In that light, it's wrong to simply ignore the fact that the first protest that is likely to vote conservative is the ONLY one where the government immediately condemns everything about them and feels compelled to intervene urgently.

Churches were literally burning last summer, and our PM's public statements spent most of their time sympathizing with the anger before pleading that burning churches isn't helpful. Where'd all that compassion for folks that you disagree with go when it meant a small number of downtown Ottawa business shutdown and horns honking go. Now our PM invokes terrorizing of the populace.

Trudeau's actions have been distressingly similar to Trump's as the division in our country grows, he's using his words to reach out to the extreme end of his side of the aisle, while tossing gasoline and vitriol onto his opposition. It's making things worse in the worst possible way when we need leaders uniting instead of stoking further division.

Jordan Klepper Takes On Canadian Truckers | The Daily Show

newtboy says...

I read it, nowhere did it give an estimate of what those protests cost, and it indicated there were multiple other routes for the oil to travel so didn’t even disrupt oil transportation completely, much less ALL commerce.
And it was about pipelines crossing their (or protected) land it seems, a far cry from the truckers. Yes, the validity and severity of your cause matters, just like the damage you do and to whom.

Billions worth of goods stuck temporarily…but no actual estimated cost for their delay, this cost billions in lost production and salaries that won’t be recovered.

That protest was targeted against the offending entity, not the populace. I have no issue with natives blockading their own land and preserves that feed those reservations against permanent destruction for some private profits. That’s a far cry from the truckers blockading the main border crossing for industry and tourism because they’re afraid to get a poke.

The numbers I saw were special. Hundreds of millions-billions lost (your billions in goods delayed doesn’t have a price tag). That was before the bridge was reopened. These protesters weren’t satisfied with that damage and continued to close your capitol with ever shifting demands. Since regular measures had failed, I support emergency measures, seizure, even forfeiture after trial, of any funds or tools used.

Perhaps they became only as localized (but certainly not as targeted, and localized in a city not the unpopulated country), but they had already done exponentially more damage and showed no sign of end or even demands.

Let’s ignore someone personally supporting a grass roots movement outside their country and control, please. I find it a red herring totally unconnected to how he governs.

Yes, some Floyd protests were more violent than the truckers, some weren’t, remember how they were all violently smashed, tear gassed, rubber bullets galore, run through with police trucks, unmarked vans pulling up and grabbing people crossing the streets, unmarked vans driving through towns full of police shooting tear gas at any moving body, etc? Don’t pretend the response is similar.
Also, the Floyd protests lasted a weekend in most cases (occupy Portland really wasn’t about Floyd) and went elsewhere the next march. They weren’t closing down one area for weeks intent on staying. Most lasted hours and were peaceful until police became violent, despite right wing media’s fear-mongering.

I think you’re stretching, putting on blinders, and doing insane mental gymnastics to pretend you believe that. From the actual damage caused, the idiotic reasoning behind it (quickly abandoned), the extremely uncanadianness of the self centered far right rally masquerading as protest, the international damage, the foreign involvement from planning to funding, these are unique “protests” in numerous ways.

Their idiotic beliefs are only one of many distinctions I’ve pointed out, and as I mentioned only color public opinion and the amount of patience they’re given by the public, not how the government treats them. It’s not at all honest for you to pretend that’s the entirety of my position…it’s very Bob of you, and has lost some of my respect.

Pipelines crossing sovereign territory or preserves = bad so blockading those areas to force pipeline movement = good….oil companies didn’t truck the oil out, they increased shipments from other areas by rail. Read the article you linked.

Native cultures and governments are different. Pretending an elected board for a reservation works for the people is naive in the extreme. Read about politics on reservations, who funds the people that get elected in most cases, what happens to opposing candidates…saying the board signed off while so many showed up to fight against it seems a bit at odds, no? Like maybe the board members were bribed, had ties with the oil industry, or other conflicts….just maybe?

And again, those protests didn’t cost a fraction what the truckers did from my research. Delaying delivery of a billion in goods isn’t the same as costing a billion in losses. Neither is delaying or cancelling a billion dollar project. Be adult please….don’t make such specious arguments ….please. They don’t slip by, and they make me think you are being disingenuous.

Jordan Klepper Takes On Canadian Truckers | The Daily Show

bcglorf says...

@newtboy,

Finally we're talking about my Canada .

I'm agreed with calling 90% of what the convoy and truckers are protesting as being misguided, ill informed or flat out wrong. That however shouldn't be what the right to protest is based upon.

The extent of the protestors illegal activity seems to have been blocking of roadways and borders. Which in Canada isn't exactly new:
-Blockading of roads to logging work sites to "protect old growth forest"
-Blockading of roads pipeline construction sites
-Blockading of transportation highways and railroads

In the past 2 years alone, those various sites have seen blockades ranging from weeks to months. In virtually every single one of those instances the Liberal government went out to meet and negotiate with the protestors while allowing them to continue for weeks to months. In one of the biggest protests Trudeau himself went to meet with the groups in person. Trudeau has a video of himself praising the farmer convoy and blockades in India, declaring his government will always defend the right of groups to protest.(those groups blocked multiple border crossings)

This time though, Trudeau started out with insulting, ridiculing and belittling the protestors. Within the first day of the protests, politicians and our national news corp in CBC were demanding an immediate end to the protests.

The protests that have seen comparable zero violence to the protests in the US in support of Floyd(which I support), where condemned repeatedly by the CBC and Trudeau as terrorizing the populace and inciting violence. For reference, Trudeau remained steadfast in support of the Floyd protestors right to protest.

The federal government essentially tried insults and ridicule to try and end this protest though, and when that didn't work they invoked a national emergency measures act that requires both:
-A threat to Canada's sovereignty
-A threat that can not be addressed by any other laws or means

The government then proceeded to empower themselves to not merely arrest protestors, but to freeze/seize the bank accounts of anyone considered to be supporting the protest, with no court oversight required.

The difference in how protestors are treated based upon what it is they are protesting is alarming and should be a red flag for anyone and everyone.

For reference, while these protests were going on, a pipeline worksite in BC that has been continually shut down by protests for the last several years was attacked in the night by a mob wielding machetes and axes. The workers and security were chased off and millions in damages were done to the site afterwards. Trudeau didn't feel the need to even address the incident though because he was to busy villianizing the convoy. The CBC media buried the incident under local BC news, and downplayed it as an 'alleged' incident, despite RCMP having responded and even having had an officer injured in the incident. CBC also emphasized there wasn't any verified connection to the ongoing protests against the pipeline...

When you look at the narrative, despite my disagreeing with the vast majority of what the convoy is wanting to say, I am disgusted by the attempt to remove their right to say it and everyone wanting to support a strong democracy with the right protest should feel the same.

newtboy said:

Dumb shit snowflakes have been whining for the last 2 years, ignoring orders to make minor changes for both public health and to be able to reopen quickly, but like spoiled two year olds on time out, you guys kept defying orders, making the pandemic and the shutdowns exponentially worse, and restarting the “time out” clock.
You also complained non stop about shutting down the economy, hurting small businesses and commerce, but when a tiny (100+-) group of mostly white, swastika/confederate flag waiving truckers decide to shut down international commerce, costing hundreds of millions of dollars weekly (more than all rioting damage done in 2020, because they are targeting businesses and commerce) just to throw a tantrum, not achieve a thing, you are not just accepting of it, you support it.
Clearly your complaints about shutting down and hurting the economy to fight Covid and save hundreds of thousands of lives were not genuine since you are happy to do the same and worse to save the feelings of 100 truckers.…fuck your feelings, remember?…...big surprise, bob is a hypocrite willing to say anything to support his position today, including the exact opposite of his position yesterday.

All Trudeau needs to do is confiscate the trucks at gunpoint. Any trucker joining loses his truck. If it’s not their truck, they’ll have a huge bill from the owner.
Also, maybe remove their licenses for 2 years (or until restitution is paid in full). (Edit: nice, seems they actually thought of all that and have made it the law, and added up to a year in prison for those blocking commerce.)

Dumb shit, the restrictions
1)were also USA restrictions, like everyone else, Canadian truckers can’t cross the border without vaccinations. How does Trudeau stop that?…serious question I know you will ignore.
2) were being lifted in short order once the current variant slows its roll or border crossers get vaccinated
3) you really think a few hundred truckers (and a few hundred more rabble rousing morons with them) should have veto power over an entire federal government, and a federal government in another country, don’t you? But only when they look like you and waive confederate and nazi flags.
No, that’s not right? It has nothing to do with race? Why didn’t you support Trump defunding the police and/or removing immunity then?

So incredibly short sighted, myopic, hypocritical, self centered, likely racist, and just plain dumb Bob. You never disappoint.

Lemme guess, you support My Crackhead’s plan to illegally fly a helicopter over the protest and dump thousands of his pillows with bible verses covering them on Canada in a massive foreign littering/proselytizing scheme against a country that’s already banned him from entry. Right?

Watch The Tesla Plaid Go 0-160 MPH

vil says...

Yes and no. For private personal transportation in first world countries a decade sounds about right, two decades at most. Unless there is some disruptive event.

newtboy said:

You’re insane if you think the internal combustion engine is dead.

Watch The Tesla Plaid Go 0-160 MPH

newtboy says...

Um….the horse and buggy still exists. It’s the main transport in many (often poorer) places, even some in America (Amish country).

You’re insane if you think the internal combustion engine is dead. Even if that was the worldwide goal, it would take decades upon decades to pull off and tens-hundreds of trillions in subsidies….and even then there are hundreds of applications where electric doesn’t work for hundreds of reasons.
If you believe that, why do you support expanding oil exploration and offshore drilling? Why destroy the few places left unadulterated for a horrendous energy source you claim is phasing out soon. That’s incredibly short sighted and dumb.

Besides, you might be unaware, the electric car was more accepted than combustion engines before, at the turn of the last century. We’ve seen this movement before. It didn’t turn out as you predict.

Electric is great, but it’s not a panecea, and it’s not a painless switch.

bobknight33 said:

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.

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Congress requires new tech to detect and stop drunk drivers

newtboy says...

I hope they make it detect people on their phones too. That’s apparently more dangerous than drunk driving…..
According to the National Highway Traffic Safety Administration (NHTSA), driving a vehicle while texting is six times more dangerous than intoxicated driving. The Transport Research Laboratory found that writing a text message slows driver reactions by 35 percent, while drinking alcohol up to the legal limit slows reactions by 12 percent. Another study stated that texting drivers react 23 percent slower than intoxicated drivers do.



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