The reservation numbers are nonsense because it’s only $100. And, that doesn’t just apply to Tesla. I know plenty of people that have multiple reservations on different vehicles simply based on FOMO.
OT: Stock and Investment Talk
- Thread starter RU-05
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Morningstar warns about thematic tech investing, popularized recently by Cathie Wood
Whether you’re chasing fads in clean energy, gaming or robotics, beware: Thematic tech funds are costly and risky, Morningstar said.
Interesting article from Morningstar that, as the title suggests, warns about thematic funds. I agree with Lamont’s concluding statement, that these funds may best be used to complement a diversified portfolio but not replace the portfolio’s core holdings.
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I also like the emphasis on fees because that’s an important aspect of investing that many people overlook - especially when working with financial advisors. No surprise that CW has sky-high fees and explains why she’s such an active pumper - gotta keep the AUM locked down.Morningstar warns about thematic tech investing, popularized recently by Cathie Wood
Whether you’re chasing fads in clean energy, gaming or robotics, beware: Thematic tech funds are costly and risky, Morningstar said.www.cnbc.com
Interesting article from Morningstar that, as the title suggests, warns about thematic funds.
Not sure about the Ford Lighting. I was referencing the GM EV Hummer. Not sure that Tesla can beat the big auto at the production game. To me, CT is a gimmick truck. No mass appeal.
Then you haven't been paying attention......Think B A T T E R I E S
Awaiting your reg. credits answer....
The more I deal with the company, the more I realize it's just a house of cards. I bought a house in September with leased Tesla obsolete solar panels, that were originally purchased through Solarcity. Closing was delayed because it took 3 months to find a person in the property & title department of TSLA to turn the contract over. Finally closed 12/30 and had free electricity until April when they realized they never turned their monitoring system on. I reached back out to the CSR who took ownership in December to find she was no longer with the company. She literally cashed out her options and doesn't have to work anymore. Once again I can't find someone to explain how to buyout the lease or purchase powerwalls for a leased system.
To me this company is the Nokia or Yahoo of EV. They were first to market in an industry with low barriers of entry. As more competitors enter the scene, it will become evident Tesla has no long term business model. And Musk's diworsification strategy will make it a conglomerate of poorly run businesses bought with inflated equity that were really trendy in the early 2020s. A modern version of United Technologies.
Tesla's customer service is subpar. That is a very fair criticism.
Your 2nd paragraph is funny. Making the impossible possible is a poorly run business? Tesla is the first American start-up car company in 100 years to achieve volume production. To do so with EVs makes it an even greater achievement. You're also betting against a guy who figured out how to land and reuse rockets.
Don't let a lousy customer service experience blind you to the bigger picture.
No, I'm using history as a guide. Nokia & Yahoo were similar innovators in growth industries with low barriers to entry. TSLA has a 6% ROE, is selling at 17x sales, and has $50 billion cash on the balance sheet. I'm guessing once he pisses this away through acquisitions trying to grow that RoE, you're gonna have a really nice collectible on your hands.
Not following you on the reg credits. I asked the question and you responded with another question. I don’t know the answer and that’s why I asked the question.
I agree with almost everything you’ve written about TSLA. As a car manufacturer, it’s destined to be a low margin, low return business because that is what auto manufacturing is as a business. There will be plenty of competition, and the Tesla brand won’t be worth much In terms of actual shareholder returns. However, there is one exception, and it might be big enough to make all the difference in the world. If Tesla can establish a large enough share of the EV market and have a very high penetration of subscription based Saas revenue from Tesla owners, it will generate better returns for a period of time until other manufacturers catch up. And I think they will catch up. The question is how long will it take, and how sticky will the saas be for Tesla owners. Will it be akin to an iPhone? I doubt it will have anywhere near that level of stickiness, but it doesnt need to for that revenue stream to be quite valuable. Simply put, the car is the hardware delivery mechanism designed to deliver higher margin services. Eventually, all auto manufacturers will offer a similar service, but until they do, a first mover that amasses meaningful share will earn outsized returns.
As an enterprise, Tesla fascinates me. As a business, it is relatively mediocre from a returns perspective. As a steward of capital, it’s a big fat failure. And as an investor, I wouldn’t touch it at anywhere near this price.
At some point they have to take profit. Unless it’s not a money thing for them.Don't mess with WSB/Reddit.
For WSB, I believe f'ing the shorters is the top priority. And I guess once they are run out of town, the stock will go to the moon and beyond (even more than now).
Reg. credits allow Tesla to grow and spend faster than they would without them. If regulatory credits went to 0, they would grow and spend less. You and the other TSLAQ fud-sters act like Tesla is surprised at the end of each quarter with a suitcase full of cash. They know exactly how much to expect well in advance and plan their spending accordingly.
Have you calculated how much of that loss has disappeared between 10 this morning and 3 this afternoon?
Yes, they can plan in advance to manage cost. But how are they going to be profitable?
This appears to be a false narrative brewed up in the minds of TSLA fanatics.
Ford prices new electric F-150 Lightning pickup from $40,000 to $90,000
Ford said a work-oriented version of the truck will start at about $40,000, while a high-end model will top out at about $90,000.
When Powell calls inflation transitory is he not saying there will be inflation followed by deflation?
Today’s inflation numbers completely contradict CW. And, unless I missed a Powell briefing, he never said deflation is coming.
Stellantis won't need Tesla emissions credits: EV maker set to lose hundreds of millions
Tesla might find another taker for its EU credits, but without FCA's thirsty lineup they'll be a harder sell.
Wood said inflation short to midterm, potential for deflation in the longer term.
And no Powell is not going to say he expects deflation. Have to read between the lines.
LOL.....give them credit for selling that narrative. Can’t believe how many are falling for it.
AMC shorters got crushed this week:
www.cnbc.com
AMC short sellers dealt massive $1.2 billion blow after weeklong stock rally
Investors shorting the meme stock AMC Entertainment are estimated to have lost $1.23 billion over the last week.
Hmm:This appears to be a false narrative brewed up in the minds of TSLA fanatics.
Ford prices new electric F-150 Lightning pickup from $40,000 to $90,000
Ford said a work-oriented version of the truck will start at about $40,000, while a high-end model will top out at about $90,000.
"He declined to specify whether every model will make money, saying the company doesn’t discuss such details for any vehicle."
So, the less expense model which will have the higher sales volume will be a financial dog.
#dontbelievethehype
This appears to be a false narrative brewed up in the minds of TSLA fanatics.
Ford prices new electric F-150 Lightning pickup from $40,000 to $90,000
Ford said a work-oriented version of the truck will start at about $40,000, while a high-end model will top out at about $90,000.
I don't think the author of your article knows how EVs work. Not a single word about batteries. How can you talk about scaling production and profitability and not mention batteries or suppliers? Especially since the Lightning is going to have a huge battery pack.
That was fluff. Still have no idea how they're going to scale production, but I did learn how awesome the Lightning's frunk is.
Cost management is the death of a growth company. Hope we can all agree on that.
Anyone with experience or knowledge with solar please chime in.
I’m only interested in using solar + battery for emergency/backup purpose ( in lieu of a gas generator). Is there a way to have just enough solar panels to charge up the batteries to run the house or does it take the same amount of panels to charge up the batteries as to run the house?
I’m only interested in using solar + battery for emergency/backup purpose ( in lieu of a gas generator). Is there a way to have just enough solar panels to charge up the batteries to run the house or does it take the same amount of panels to charge up the batteries as to run the house?
I don't care much about the rest of the article. Point as it relates to this line of discussion was the quote from Ford is saying the Lightning will be profitable.
If the whole line makes money I'm not going to worry about the details.
Ford has also said they expect their margins to increase in coming years.
Very easy to say something. Let's see what actually happens. Reading between the lines, doesn't seem likely that it will be profitable.
I don't have experience or knowledge here, but I would think the more panels you have the quicker it charges. But if you give it enough time, a relative few panels would charge a relatively large battery.
