You should definitely NOT buy Tesla stock. I recommend a heavy short position. All in.
OT: Electric vehicles
- Thread starter BellyFullOfWhiteDogCrap
- Start date
Lol, don't need to. Uneducated bullshit defeats itself.
Saying every giant legacy automaker is in big trouble, for instance. That's simply you making up awful predictions.
Yours and everybody's Tesla investment took a beating. A drop from near 400 to near 100 cannot be accurately represented as anything other than a major loss in value.
Depending on where you bought, you may have a net gain still. But we don't know that Musk won't "accidentally" devalue TSLA and then opt to take it private. After all, the guy has around $100B in lost net worth to recoup and it's beyond obvious he doesn't care who he steps on to get that done.
LOL.
I predicted, for you Teslerati, in this thread I believe, that TSLA would suffer a large value loss. Think I made that prediction back in 2021 or so, maybe a bit later or earlier. At the same time, I said it would provide a good buying opportunity, so timing, as always, would be critical.
If you had sold all your shares around $400, which we all know you didn't do, and then bought again at or near the low, you'd be in potentially great shape. Should've listened to me. I tried to help you. And I'm trying to help you again with my prior post.
Yet here you are trying to harm me financially with your advice. All because I don't share your adoration for a brand or a man. Or because you can't take some gentle ribbing. And you call me narcisisstic? 🤣
So you figure Honda's going out of business soon?
Nevermind.
Whether Tesla or Honda or any other automotive company succeeds or fails is at best mildly and briefly interesting to most people who don't own stock or work at the companies. Someone will be making cars. Why would anybody really care much who it is?
You know what would be interesting? To hear about what you like and dislike about your car(s). To hear stories about places you've driven to in it, and people you've met along the way. To hear anecdotes about awesome moments revolving around your EV. And it's really great when you share helpful facts about your car for other's who have or are considering having a Tesla.
Because that's about you, our fellow forum member whom we know and love.
Being an unrelenting cheerleader for one manufacturer and trashing all other manufacturers is lame. All these companies are comprised of a bunch of total strangers to us. Why should we care about them? We care about you, not them.
There generally is no substance. They are fearful about the future without ICE vehicles. Regarding TSLA stock, the company is growing rapidly and is enormously profitable.
Everyone: The sky is blue. Mildone: No, the sky is red, written with a minimum of 500 excessive words.
Sure, dude. I've been extremely supportive of electric vehicles (as a whole, not just a single brand) in this thread ...and for a decade+ before that. I've acknowledged, multiple times, that electric vehicles are the future and we're well past the tipping point the drool-covered CE crowd still seems to think is in the distant future.
None of that has anything to do with the foolishness of declaring any, let alone several, of the world's largest automakers (and companies in general) "in trouble" without a scintilla of evidence. Is Tesla just going to build the entire world's auto fleet on its own? ... maybe with Full Self Manufacturing achieved via an army of those very impressive T-bots?
Operating cash flow was down 29% from last year, and down 36% from last quarter, coming in at $3.28 billion.
Substance enough for you?
I'm not fearful of a future with no ICE vehicles. What's to be afraid of?
As for the timing of a near complete EV takeover, I don't think that I have to worry about not being able to drive a reasonably high end ICE sports car in my lifetime. Or at least while I'm still able to climb in and out of them. They costs will go up. But it'll still be possible for awhile yet.
While not at all scary, I think a future with absolute zero ICE vehicles would be a bit sad. Also think it unlikely for a very long time. We got rid of horses as a common form of transportation but we still ride horses and race horses and so forth. So, for example, I think motor racing seems likely to continue on with some form of combustion engine. A lot of research is taking place already to make cleaner fuels which would make that possible.
And while states are making aggressive declarations of intention, I am seeing no great evidence they are going to meet their deadlines. They will have to have infrastructure in place to support folks whose living conditions do not permit at-home charging. No politician will be able to remain in office while forcing apartment and high-rise condo dwellers into making their sole car an EV if those people will be unable to easily charge their cars with something close to the convenience of folks who do have access to at-home charging.
And I am not seeing much in the way of momentum in bridging that charging gap. I think manufacturers who hedge their bet a bit, who drag their feet some, will wind up being glad they did so.
This 300-word treatise is a variation of hundreds of you prior posts. We all know your POV on EVs, ad naseum. I know you enjoy the online arguments with anyone over anything, but there's literally nothing of interest here.
I posted it in the stock thread. More appropriate thread. The car company vs stock should be separated
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When it comes to predicting the future, we're all just guessing. But I think you're not interested in discussing what I posted because (a) you don't like my conclusions and (b) you know you cannot logically dispute those conclusions.
Also, and ironically, you have misrepresented my POV on EVs so many times that it seems extremely unlikely you actually know what my POV on EVs is.
They really killed it in the regulatory credits. I am happy that Tesla understands they need to make cars more affordable to sell more.
Demand is double production now. The masses love Tesla's and now many can afford them. Elon is a genius.
If EV sales go up significantly, you can be sure charging will follow quickly after.
Not to say there won't be a lag, but I doubt it would be significant.
Tesla owners don't have the charging problems that non-EV owners like to chirp about.
It really should. This thread is much better as a car thread.
Updated Polestar 2 came out yesterday. More power and range up to 300 miles. They also fixed the horrible grille with a tech panel they'll use going forward.
2 is still a nonstarter, imo, but getting closer.
The Elmo nickname cracks me up. 😃
If it's just you and one other person driving in, I would think a Macan with the rear seats folded down could haul a fair amount of tailgate equipment. With the back seat up, then yeah, not so much. OTOH, would you really want to have it get all dinged up in a parking lot?
Coincidentally, I got a call from the nearest Porsche dealer yesterday. Wanted to buy my 911 and/or sell me a car. We chatted for awhile. Key takeaways relevant to Macans:
1. Dealers have some new Macans on lots and MSRP or sub-MSRP deals could be made. I'm skeptical but okay.
2. Dealers have ample build allocations for Macans (implied again they could be had at MSRP). Skeptical.
Also, FWIW, he said build allocations for Cayennes, if looking larger than Macans, are very hard to come by. Porsche is being stingy with them for whatever reasons.
I am pretty sure EV sales will go out rapidly. As for folks who don't have at-home access to charging, today, they quickly visit a gas station and go on with their day. Are those folks going to happily accept having to wait in line for an indeterminate amount of time at a public charger, and then wait while the vehicle charges? Maybe. I think there will be pushback.
To provide enough charging to not force people to wait in lines will require lots of time and money. I keep arguing that that's where government incentives should be focused, to try to get a head start. Because it's hard to see what will motivate condo and apartment owners to cough up the money themselves. It'll happen eventually, perhaps due to competition for tenants, or with government funding, or something. But these things ALWAYS take far longer than people want or expect.
Brits more likely to buy an EV to save money than save the environment
https://uk.news.yahoo.com/brits-more-likely-buy-ev-122037145.html
I also found this bit of info
Company car tax: businesses that buy EVs can write down 100% of the purchase price against their corporation tax liability if the vehicle emits no more than 50g/km CO2, (paying just 1% CCT in 2021, and 2% in 2022); plug-in electric vehicles emitting less than 50g/km of CO2 have their company car tax set at 16% in 2020, ...
https://blog.wallbox.com/en/ev-and-ev-charging-incentives-in-the-uk-a-complete-guide/
There will be pushback, and plenty of grumbling, but the market will react to that, and the charging systems will be built. Yes there will be a lag, but it will eventually be worked out.
I also think people will adapt to having EV's. Won't take long to realize you can't go on a long trip if you're not all charged up.
I like Oscar. He provides witty commentary on everyday situations.
BTW - how was the place the other day, where you went and had dinner for the thing..?
If I get a Macan I'd probably get a CPO Macan S. Let someone else already have suffered through the heartache of the Porsche options list.
The key metric is "length of rear cargo compartment with seats folded". My tent is 68", fully collapsed. It's gotta fit.
Edit: I should add that, right now, the top 3 candidates are:
1. Macan S (CPO)
2. SQ5 (new)
3. XC60 B6 (probably CPO because there's like a billion of them and 1st year depreciation is damn near 20k)
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I've never measured it. It's easy walk-under at the edges and 8+ feet in the center.
It's not how tall it is that's really important. I think the width is really more critical.
