I respectively disagree.

This is the buy of the year. 40% off from its high. Not from anything Tesla has done ( or not done) but from the economic state America is going through.

I don't think this will turn around till our leadership changes in 2024


Since last qtr 2021 Tesla opened 2 Giga Factories Texas and in Germany. They are ramping up and will get full speed in 2 years. This year expect 200 thousand from these as they ramp.

Giga Shanghai was shut down and lost 50, 000 vehicles of production. They reopened fully 2 weeks ago . China economy is taking a big hit. But what isn't sold will be ship and sold elsewhere.


2022 yearly estimate production is still about 1.5 M vehicles for the year.

Wait time from order to delivery is average 7 months. Tesla increase their prices 8 times last year to keep this 7 months from getting worse.

Demand out strips supply.


Gas at 5$/gal isn't helping the ICE vehicles at all and will push EV demand even higher.


Like I said

This is the buy of the year. 40% off from its high.
Also looks like a stock split of 3 to 1 is coming. This does nothing but make it cheaper for those who would like to enter this. One can do so at a lower, affordable price point.



Buy and hold



Buy 10 shares and hold for 5 o 10 years.





FYI.
My dad passed away last month on the 28th. I've been out of work tending to him and now settling the estate.

The proof that these assholes don’t believe their “good guy with a gun” lie is they don’t allow guns at the NRA events.

I wish some nut(s) would attack the NRA event, shooting a few dozen gun proponent politicians that normally hide behind their armed security and bullet proof podiums. I’m sure their tune would change significantly if some of their ilk were silenced permanently. No one deserves it more than Abbot.

Edit: BTW…more unarmed school children have been murdered in school this year than police officers in the line of duty. For all their bravado, their whining about how dangerous it is to be a cop, the necessity for more militarized equipment for their safety, it’s actually more dangerous to be a 10 year old student. I guess those kids should all get vests, rifles, pepper spray, armored vehicles and buildings, etc. ..that’s the solution.

Also, guns are the leading cause of death for children under 19 …have been since 2020.

Fucking worthless cowards and thugs, every single one. They deserve one more bullet each…delivered at high speed.

Effective January 1, 1996, leaded gasoline was banned by the Clean Air Act for use in new vehicles other than aircraft, racing cars, farm equipment, and marine engines.

https://www.eia.gov/energyexplained/gasoline/gasoline-and-the-environment-leaded-gasoline.php


Why not altogether? Who fuckin knows- prolly lead brained idiots think it's better for their farm equipment. They spew exhaust into the chief export of Indiana: Corn. You know, the syrup they put into basically every food you eat.


Fun Fact: "Lead does not biodegrade, or disappear over time, but remains in soils for thousands of years."
https://extension.psu.edu/lead-in-residential-soils-sources-testing-and-reducing-exposure

But hey, you can save a few pennies if you poison the entire planet for the next few thousand years now... so... VOTE REPUBLICAN

Back in 2014 I worked for a company in Naples FL that is owned by Jack Roush. The job was mostly road testing new cars before they started hitting dealer lots. We would travel on specified routes for 8 hours. There was day and night shifts. I mostly drove nights. The routes were on Interstate and city roads. Every test vehicle had a Black Box.

We had three 2015 Vipers. The thing I liked the most with that car is that it felt like you were sitting in the hand of God. I cannot tell you how hard it was to keep to the speed limit. It was so hard that I got written up just for "touching" 100 mph for 2 seconds.

Me and Viper https://ibb.co/DWTx0Wy

"Everyone involved sustained non-life threatening injuries as a result of the crash, according to troopers.

The driver of the passenger vehicle showed suspected signs of impairment and is currently being processed for driving while impaired."

https://www.fox9.com/news/watch-video-box-truck-explosion-on-minnesota-highway

Very cool build. One odd thing; Stainless is beautiful; but when it fails, I understand it fails catastrophically and without warning. In some odd ways, regular steel, rusty and all, would be less scary for something which is going to hold up a heavy vehicle when you are crawling under it in an emergency (yes, jackstands but...still)...

Your video, 50 vehicles involved in crash on I-81, has made it into the Top 15 New Videos listing. Congratulations on your achievement. For your contribution you have been awarded 1 Power Point.

Yes that is a thing.

Not all russians have phones. Plus they are anyway mostly sitting in vehicles stuck on roads sometimes without gas or food. It is a tactical mess of Trump-like proportions.

Also ukranian drones are still able to fly. The russians are advancing by the sheer mass of their bodies as usual, no brains or preparation involved.

Unfortunately the Russian army is 10 times stronger than the Ukrainian.

So the latest rumour is that by the village of Ljubimovka a group of local gypsies stole a Russian tank.

Now my personal reason to want to believe this story. Back when I was doing my then compulsory army service our country was still housing thousands of Russian troops which had come 20 years earlier in 1968 to keep the peace or something (temporarily). I was stationed at a maintenance and storage unit (managed the kitchen). Our unit oversaw the infrastructure of part of the local training grounds where Russian troops regularly trained. One of the main activities, besides facilitating the sale of military diesel fuel was to remove stranded vehicles the Russians simply left behind broken or overturned in ditches. Breaking them up and selling for recycling was pretty lucrative - our labor was free, trucks and cranes were military equipment (also free), tanks contain a surprising amount of copper and aluminum, steel armor is heavy. I dont think Russians count either their troops or their tanks.

https://en.wikipedia.org/wiki/List_of_countries_by_traffic-related_death_rate surprised me at first:

Indonesia: 15.3 road deaths/100,000 inhabitants/year
Bangladesh: 13.6 road deaths/100,000 inhabitants/year

However:

Indonesia: 36.7 road deaths/100,000 motor vehicles/year
Bangladesh: 1020.6 road deaths/100,000 motor vehicles/year

The people themselves are failing.

Maybe we need an Ozymandias? (Watchmen)

I’m sure you heard about this, right….cops robbing armored cars in Southern California….(quasi)legally.
https://www.mercurynews.com/2022/01/21/san-bernardino-county-sheriffs-deputies-accused-of-illegally-seizing-1-million-in-pot-proceeds-from-armored-veh
icles/

TLDR Printing money is not a solution to anything, also it is not the reason the economy sucks.

Oh yeah, Tesla stock, isnt there a rule of thumb where youre not meant to invest more than 20% of your funds in one vehicle? (insert pun apology)

If by all-in you mean investing all your stock funds in tesla, while you own your house (land?) and keep your pension plan and short term savings and long term non-stock investments intact then go for it! May you live in interesting times!

Currently holding 1400 shares.

With the current depressed price it is a fantastic buying opportunity. Lots of shit all all around but nothing has changed with Tesla.


Highly volatile stock but think long term of 5+ years.
Tesla stated goal to grow 50% every year. They have been doing this. Last year 2021 84% growth in vehicles.


I tell friends to buy and expect a loss ( big swings day to day) buy to hold and focus on the long game.


Who else owns Tesla shares?

As I've posted previously, If you want to see how fast change can happen watch this.

For new cars, probably correct, but old combustion engines aren’t just going to dissolve away. I have two over 50 years old in my driveway. They can last a long time.
Also, India and China don’t seem very interested in skipping their turn at combustion engines (sad), so tack 50+- years on before the entire world even really wants to switch over.

I don’t deny average electric vehicles should soon outperform average normal gas engines (let’s ignore exotics as exotics). My point is switching technology across the board is a slow, painful, expensive process that won’t likely happen in 5, 10, or even 20 years IMO….and electric motors won’t ever totally replace combustion for all applications as some suggest.

I do….and I can list reasons why I think what I think, unlike yourself who is embarrassed to admit you never actually think yourself and all your arguments come from disgraced and debunked liars who’s jobs are to lie, almost exclusively when it comes to any political topic.

The ship only turns so fast. It needed SO much correction on SO many issues because the last demander in chief refused to steer the nation anywhere but into a reef for the last entire year of his term….the last 3 months totally intentionally while he drilled holes in the keel and cut holes in the sails.

The nation certainly needed serious and immediate correction. Glad to hear you admit it, even accidentally.
You’re complaining about more spending!? You must be joking! Compared to spendthrift Trump, he’s a fucking miser. Every major project he’s put forward has been paid for in the bill, not so with the last administration that thought they couldn’t overspend because they can print more money….the biggest deficit and fastest debt rise (both by dollar and percentage) EVER by a mile. And put us in a recession with high inflation, negative GDP, outrageous unemployment, and near a million dead for the privilege. Joe invested in American infrastructure. Complaining about spending will not be tolerated from you after supporting Trump. Not for a second, you unbelievable hypocrite.

He did many things, leading to a healthy economy and amazing jobs numbers and rising wages among other improvements. All work against inflation.

But you like to say he’s done nothing, so how’s 4 examples on the Afghanistan disaster alone work for you?
He negotiated 6 more months to be gone.
He evacuated any and all Americans that wanted out, including those that waited until the last day.
He set up and staffed new systems (granted too little and late) to assist Afghans that worked for us in getting at least refugee status if not visas. This should have been step 1 in February 2020….likely a big surprise to find nothing started or planned when Joe took office.
He pulled out billions worth of functioning, still owned by America weaponry (what you love to whine about is the weapons in Afghani’s hands, and decommissioned often scuttled vehicles we abandoned….yes, a waste) that before he took office were being left in country.
Simply put, he made a plan and implemented it, can’t say the same for his predecessor. It wasn’t perfect, but it was something….which is a massive improvement.

He’s a mile above the low bar set by your idol, who spent nearly a full 1/3 of his presidency off playing golf (after promising not to play at all), and >1/2 of every day on personal executive time eating junk food and watching TV (but only ever taking softball questions from far right outlets, refusing any non right wing reporters a question much less interview). The remaining 1/6 was largely filled with rage tweeting and executive toilet time (pooping or shredding, you choose).

Your position is old, dementia ridden, no leadership, no question taking, slow, incapable of speaking or thinking, doesn’t know who or where he is Joe kicked fat lazy dumb Don’s ass without even holding rallies, did it in his pjs without breaking a sweat or raising his voice. Odd you love to constantly degrade the guy who’s by every measure head and shoulders above your messiah and proved it by a historic landslide. Seems you wouldn’t want to keep putting Trump down as a massive total loser to such a sad, weak, incompetent opponent, but you gotta be you.