I note his graph claimed plant based meat became cheaper than real beef in 21…but that’s not what I see in stores today in 22, I also note one graph claimed a cost of $4.50 per kg in 21 (5:27) and the other claimed almost $30 per kg in 21 (5:12) leading me to question everything he claimed, especially his prognostication.

Cracker Barrel being boycotted by their main customer base, Republicans, because they just started offering impossible meat as a choice says to me the adoption won’t be close to as fast or simple as they think or claim, and absolutely not replacing real meat by 2030.

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!!!

I immediately wondered that; a low yield dirty bomb, at say, the UN on the Upper East Side would be a different EMP profile, I presume, from a higher yielded ship born bomb inside, say, a container which had cleared customs in Pakistan, and that would be different from a high altitude air burst, right? So, and the physics seems calculable if annoyingly in my past--you should be able to calculate a range of EMP from various yields?

The "Quora" answers are: a ground-based (ship based?) lower yield weapon has EMP effects of note to the 3 mile range.

An airburst would be a different issue. "Starfish Prime”. In this high altitude nuclear test, carried out in 1962, a 1.44 Mt warhead was detonated at a height of 400 km. Electrical damage, including burning out hundreds of street lamps was caused in Hawaii - about 1500 km from the point of detonation.

By contrast there was no direct blast damage at all at that range.

The maximal electric fields induced in the Starfish Prime EMP in Hawaii were estimated at 6 kV/m. At high latitudes the value could easily be ten times higher.

For electrical equipment to be damaged by an EMP from a nuclear detonation, the detonation point must be above the visual horizon.

A large yield weapon detonated 400 km above Kansas would have an EMP that extended across the entire continental US, but the ground intensity pattern of that EMP would be peaked towards the South of ground zero, it would not be symmetrical."

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.

Greed knows no specific political affiliation, nor does charitability. We should all insist on policies that do more to help those in actual need of it, and to reduce rampant profiteering at the expense of human suffering. Squeezing your captive customers just because you can is a pretty universal "dick move." Imagine if we had solid policies in place that actually encouraged giving a hand up to those who've encountered misfortune, rather than treating them as suspicious and dangerous.

I think a big part of the problem, which I was sad to see go entirely unaddressed by the show, is that owning rental properties is such an appealing option for wealthy private investors. The long-term (and generally short-term) returns on real estate in the US have been absolutely bonkers for many years, and it's a much more stable investment than the stock market can prove to be. Professionally, I've been in a position to have an understanding of the finances of many wealthy people, and damn near everyone with net worth of more than a couple million ends up having quite substantial real estate holdings.

How about we instead find a way to award stable profits to those investing in schools, or public parks, or the arts, or... I don't know, anything else which doesn't ultimately take people out of their homes?

If you want to convince me, you’re going to have to do one hell of a lot better than that silliness. He clearly went to the right wing propagandist school of YouTube even though he seems to imply he’s a liberal.

I’ll tackle one…the bread price fixing claim. He worked for a consulting company, the companies that are hired by failing and struggling businesses to suggest solutions and often that means cut their staffs in half to try to save the company…bad ones then sell all the assets, bankrupt the companies intentionally, and escape any obligations to the employees. There’s no indication the company he worked for did that (that I know of). They did apparently consult for a grocery store chain that, also apparently, was involved in bread price fixing at or near the same time his company was being consulted. It’s ridiculous to believe they REPORTED that crime to the outside consulting firm they hired.
Trying to tie one corporate customer’s unrelated crimes to Pete because you can string a tenuous thread between them (with many pegs between) is pretty damn dishonest. So is saying Pete never answered questions about it, he absolutely did…it was in the video.

Massive layoffs….I didn’t get that far, stopped around 7 min in…but that’s what consulting firms often do. If companies are failing because they’re way over staffed, they suggest layoffs to save at least 1/2 the jobs. Not always successfully.

I don’t know what ICE is if it’s not immigration cops, and I don’t know what he would have to do with it, but I’m not going to keep listening to these convenient edits and hyperbolic claims in the video. I can’t stand the narrator, nor can I trust him.

I’m not claiming Pete is perfection incarnate. I’m saying it would be nice to have a president who’s driven to public service, is insanely intelligent, is well spoken and polite, likeable, and young enough to have to live with the consequences of their own leadership, and that those are all positive traits we’ve been lacking of late.

If youre a normal country you are always living on credit, if for no other reason, then because it is super easy and cheap to borrow. Also you have to, to make it to the next pay check (tax collection). First your subjects have to produce and sell, then you can collect taxes.

You dont base the value of the dollar on anything. You offer it as a commodity to the market. If your economy sucks or you print too much money the dollar goes down, which can help the economy. Printing money doesnt automatically help the economy though, it just creates space and time to make it possible for the economy to improve.

Improving the economy means creating more or better products and services that are in demand at a competitive cost. Governments in non-dictatorial countries cant really do that directly, they can only create the conditions for this to happen.

Moderate inflation hardly plays a part, except as a moderator (is that a pun?) of shocks. Deflation (and a strong gold standard in a developing economy IS deflation) is deadly, it makes the economy less flexible, less able to adjust.

If you never improve your ecomomy, all you will have left will be to bitch about inflation.

What is too much debt, too much inflation, too much intervention? I wish economics was a science.

Theoretically the economy can get to be so bad that the structure collapses, there are countries which have notoriously bad historical records, and yet every time they restart they have to borrow money to get things going again. Reserves in general are useless. Production, services and a functioning market, recursive production of valuable goods and services which freely and easily find customers is the only thing you can consider a reliable pillar of civilization. Currency is one of those goods and services.

If for any reason yor currency cant freely circulate (see China or the USSR errr... Russia) you can hardly be a superpower, at least not in the economic sense.

Adopting a gold standard so strong that it would destroy the international dollar standard has no advantage for the USofA or for any developed first world country. Even just having the Euro wreaks havoc in weaker European countries economies, but that is another can of worms.

A lot of what is wrong about the gold standard would apply if a country decided to adopt bitcoin as its sole currency btw.

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.

They should subpoena his customer list. He’s selling burglary tools, and not just to first responders (should be limited to actual police/fire departments and locksmiths IMO)….and putting out videos describing how to break into businesses.
If there’s a sudden rash of business break ins with no door damage he should be charged as an accomplice. I can’t believe he sells multiple burglary tools on his site, I thought he just proved how bad most padlocks are, I never saw him do a breaking and entering how to before. Yikes!
It should be noted, just getting caught with burglary tools can be a 6 month sentence in California.

*doublepromote

oh and i made a custom thumbnail if anyone has any ideas how to swap these - keep getting invalid file name or type or blah blah i dont care enough anymore here's the link. (tried gif bmp and jpg all with different file names, dunno)

https://imgur.com/a/PiHrRHM

Mate, if those two got any closer together, that LIGO would be detecting the birth of a new black hole somewhere in the Sol system.

I used to love Church: a dinner of Taco Bell burritos, a wooden pew, and the word of Christ. Clench, lean 15 degrees to the left, relax your sphincter and PUSH! The silence that is golden will last about 10 seconds before the retching and piling out the doors brings an end to today's sermon. That's when you snatch the collection plate and bolt out the back door.

I lost a major source of income when I became an atheist.

Did you know Taco Bell delivers? At least in Seattle they do. I have to wonder what life choices lead to the terminus of hauling two dollar food between source and the customer 25 miles away. Yeah, that $5 tip will more than pay for gas, upkeep, insurance and oil changes on that riced-out K car you've been driving since The Pet Shop Boys were still popular.

Also, "...blahblah whining and such..." -- look, if I want unfair criticism of a job well-done, I'll ask my clients to pay up. That's primo Gonzo humor you're tut-tutting and you paid exactly nothing to enjoy it. Y'know who else was a cheap ingrate? HITLER! Why ya gotta by like Hitler, Moonsammy -- IF THAT IS YOUR REAL NAME. I have my doubts on this topic, by the way.

Hey, what's Bob up to? I always enjoy a cheap laugh at the expense of the less fortunate.

(seriously dude -- I can hold 1:1 with a Clydesdale for an hour and have enough left in the tank to draw a standing ovation at Centurylink Field.)

Well-the customer is also saying--isn't he?--that it's the wrong lumber load? he wanted 4x4s and it's a load of 4X6s??