OT: Stock and Investment Talk

[WhichReligionIsRight]

But that’s what Musk said. Goes back to my point the fan boys are so willing to move the goal post.

The link you posted is compelling.

There's are articles saying Musk said there was a chance Tesla would produce 1m cars in 2021. I doubt there is a direct quote from Elon himself stating Telsa would build or sell 1m cars in 2021.

 

[RUDead]

Please, no facts in this thread. Some don't like them. :)

What facts? That was mostly projections.

 

[BellyFullOfWhiteDogCrap]

Google is your friend. I thought you follow this company.

You know I follow Tesla closely, and I've heard no such prediction from Elon or anyone within Tesla.
>50% annual growth is the only guidance I am positive of.
YOU made the statement about 1 million vehicles in 2021. Support it with evidence.
I'm open to the possibility I'm wrong or I missed something.

 

[jtung230]

Their growth rate is very impressive, yes, even moreso given the environment.

I love second derivatives. Do you think supply shortage hurts mass production or limited production. I just think that chip shortage hurts the big boys than a niche player.

 

[jtung230]

You know I follow Tesla closely, and I've heard no such prediction from Elon or anyone within Tesla.
>50% annual growth is the only guidance I am positive of.
YOU made the statement about 1 million vehicles in 2021. Support it with evidence.
I'm open to the possibility I'm wrong or I missed something.

Tesla is on track to produce 1 million cars this year, Musk said in a company-wide call - Tesla Oracle

Tesla CEO Elon Musk held a company-wide call yesterday and said that Tesla is all set to make 1 million cars this year and more.

www.google.com

Elon Musk In A Call With Employees Said Tesla Will Produce 1 Million Cars in 2021 | Torque News

According to leaks Elon Musk held a company-wide call with Tesla employees. And on the call, he said Tesla will produce 1 million vehicles in 2021 but 2022 should be even better.

www.google.com

 

[T2Kplus20]

Tesla is on track to produce 1 million cars this year, Musk said in a company-wide call - Tesla Oracle

Tesla CEO Elon Musk held a company-wide call yesterday and said that Tesla is all set to make 1 million cars this year and more.

www.google.com

Elon Musk In A Call With Employees Said Tesla Will Produce 1 Million Cars in 2021 | Torque News

According to leaks Elon Musk held a company-wide call with Tesla employees. And on the call, he said Tesla will produce 1 million vehicles in 2021 but 2022 should be even better.

www.google.com

So Belly was right, nothing public from the company or Elon. Thanks for confirming!

 

[jtung230]

So Belly was right, nothing public from the company or Elon. Thanks for confirming!

LOL. Not public at all.

 

[T2Kplus20]

LOL. Not public at all.

Nope, companies say many things at meetings and internal emails. Not direction to the street. You should know the difference.

#bellywinsagain

 

[jtung230]

Nope, companies say many things at meetings and internal emails. Not direction to the street. You should know the difference.

#bellywinsagain

Musk is getting smarter from “funding secured” days.

 

[BellyFullOfWhiteDogCrap]

I love second derivatives. Do you think supply shortage hurts mass production or limited production. I just think that chip shortage hurts the big boys than a niche player.

It's affecting everyone.

 

[RU-05]

I love second derivatives. Do you think supply shortage hurts mass production or limited production. I just think that chip shortage hurts the big boys than a niche player.

Are you afraid of the word "more"?

 

[T2Kplus20]

Perhaps the gov should stop messing around with their own companies?

China's retail sales grew 2.5% in August, far slower than 7% expected

China's retail sales grew 2.5% in August from a year ago as the country dealt with the worst outbreak of Covid-19 since its initial spread in early 2020.

www.cnbc.com

 

[theRU]

Anyone watching NLY? Bought heavy on the covid low at $4.50 and $5 so have that nice return and getting fat dividends but seems too good to be true

 

[WhichReligionIsRight]

Tesla is on track to produce 1 million cars this year, Musk said in a company-wide call - Tesla Oracle

Tesla CEO Elon Musk held a company-wide call yesterday and said that Tesla is all set to make 1 million cars this year and more.

www.google.com

Elon Musk In A Call With Employees Said Tesla Will Produce 1 Million Cars in 2021 | Torque News

According to leaks Elon Musk held a company-wide call with Tesla employees. And on the call, he said Tesla will produce 1 million vehicles in 2021 but 2022 should be even better.

www.google.com

I try to take everyone who posts here seriously, but this is a bad faith post.

 

[RU in IM]

Anyone watching NLY? Bought heavy on the covid low at $4.50 and $5 so have that nice return and getting fat dividends but seems too good to be true

Seems like it could be highly sensitive to interest rates as they own a huge book of mortgage-backed securities, and their portfolio of assets had a yield of less that 2% (1.97%) in the second quarter of 2021. If longer term rates go up, these assets will decline in value, unless they are properly hedged. It looks like you bought it at a 20 year low, so that’s good. Not sure why the dividend is so high (in my very brief research) given their modest to small net interest margin.

Update: from their last quarter filing: “During the second quarter, Annaly navigated a more challenging market backdrop marked by heightened rate and spread volatility, an elevated prepay environment and increased discussion of an eventual Fed Taper,” remarked David Finkelstein, Annaly’s Chief Executive Officer and Chief Investment Officer.”

so it sounds like any significant spike in rates could cause some risk here, as the 2nd quarter had a bump in rates. But, the change in basis points on the 10-year was modest compared to other inflationary cycles. If you look at their performance during the 2004-2006 cycle, their stock dropped from $19 to about $11. This was before the mortgage crises, but during a time that mortgage rates spiked over a 20-month period, thus negatively impacting the value of mortgage-backed assets. But please don’t base any decisions on my comments…. I am in banking, but not an investment advisor.

 

[RUDead]

Electrical problems continue for GM as usual.

Don't park within 50 ft of another car. LOL.

GM tells Bolt owners to park 50 feet from other cars in parking garages, confirms 12 fires

GM recently had to recall every Chevrolet Bolt EV and Bolt EUV — more than 141,000 — after the batteries caught fire in a handful of the vehicles.

www.detroitnews.com

 

[T2Kplus20]

Perhaps some buying opportunities:

The stock market is undergoing a slow motion deterioration with pockets of shares down 20% or more

Stocks are up against a range of obstacles, including seasonal weakness, uncertainty around the Covid delta variant and rising costs.

www.cnbc.com

 

[RUTGERS95]

EV is funny considering ICE cars are supposed to grow 25% this decade alone

 

[RU-05]

Electrical problems continue for GM as usual.

Don't park within 50 ft of another car. LOL.

GM tells Bolt owners to park 50 feet from other cars in parking garages, confirms 12 fires

GM recently had to recall every Chevrolet Bolt EV and Bolt EUV — more than 141,000 — after the batteries caught fire in a handful of the vehicles.

www.detroitnews.com

Well we already heard not to park in your garage and the recall is of every bolt ever sold.

So this is just a logical extension of that. Certainly not good news, but it's not new news either.

 

[RU-05]

EV is funny considering ICE cars are supposed to grow 25% this decade alone

EV sales will grow at significantly faster rate. Just guessing, but over the next decade? 500% growth maybe.

It is true that ICE cars will continue to have a place in the world over the next decade or two, at least, but EV is absolutely happening.

 

[RU-05]

Really nice beat in retail sales, there were expectations for a modest contraction, but 1.8% growth reported instead.

So consumer confidence is better in reality then it was in theory.

 

[mdk01]

EV is funny considering ICE cars are supposed to grow 25% this decade alone

And with an average life of 12 years, and not certainly going from growing 25% a year to zero sales, the demise of ICE vehicles is being greatly exaggerated.

 

[RUTGERS95]

EV sales will grow at significantly faster rate. Just guessing, but over the next decade? 500% growth maybe.

It is true that ICE cars will continue to have a place in the world over the next decade or two, at least, but EV is absolutely happening.

coming from nothing that is nothing. 1% to 5% of total vehicle sales and those projections are at full steam with no hiccups.

Just look at the energy issues Europe is having. This is too fun to watch

 

[RU-05]

I try to take everyone who posts here seriously, but this is a bad faith post.

Is it the lack of actual quotes from Musk that makes you say this?

I mean there was this tweet.......from someone who was there.

Elon also said there was a chance that Tesla could produce and deliver 1 Million cars this year. He also said Giga Shanghai was expanding a lot and rounded it off by saying this year will be great and 2022 should be even better.

— Sawyer Merritt

(@SawyerMerritt) March 26, 2021


Isn't this akin to a prediction?

Sarcasm for those that missed it.

 

[RU-05]

coming from nothing that is nothing. 1% to 5% of total vehicle sales and those projections are at full steam with no hiccups.

Just look at the energy issues Europe is having. This is too fun to watch

Fun?

 

[RU-05]

And with an average life of 12 years, and not certainly going from growing 25% a year to zero sales, the demise of ICE vehicles is being greatly exaggerated.

I hear people saying EV sales will grow, I really don't hear too much about the demise of internal combustion. Certainly not for the foreseeable.

 

[mdk01]

coming from nothing that is nothing. 1% to 5% of total vehicle sales and those projections are at full steam with no hiccups.

Just look at the energy issues Europe is having. This is too fun to watch

Right, the demise of coal EXCEPT when the wind doesn't blow on the North Sea or shutting down your nukes leaves you short of generating capacity. If they were really serious about their self--righteousness they'd have replaced their sinful ICE vehicles with Flintstone power.

 

[RU-05]

Revenues for the past 5 years for GM and TSLA.

GM down about 18%, from $149 billion to 122 billion

TSLA up about 350% from $7 billion up to 31.5 billion.

I'm not so familiar to which qtr's tend to show the best revenue results in the auto industry, but just going off q1 and q2 results it looks like TSLA is on pace to have 2021 rev's come in at around $45 bil, so high 40% growth yoy. GM is on pace for $132bish revs, less then 10%.

 

[RUJohnny99]

Anyone watching NLY? Bought heavy on the covid low at $4.50 and $5 so have that nice return and getting fat dividends but seems too good to be true

I recall getting burnt on NLY in the 2010-2012 timeframe, but I forget the details. I tend to fall for yield traps. lol

 

[RU-05]

Right, the demise of coal EXCEPT when the wind doesn't blow on the North Sea or shutting down your nukes leaves you short of generating capacity. If they were really serious about their self--righteousness they'd have replaced their sinful ICE vehicles with Flintstone power.

Coal use is declining. In the US it peaked in 2007. It's usage is down over 50% since then.

Use of coal - U.S. Energy Information Administration (EIA)

How much coal is consumed in the United States and amounts used for electricity generation and by industry for steel/metals production.

www.eia.gov

 

[RUJohnny99]

Really nice beat in retail sales, there were expectations for a modest contraction, but 1.8% growth reported instead.

So consumer confidence is better in reality then it was in theory.

2 points:

a) Given the increase in the money supply, should a 1.8% uptick be considered growth?
b) Amazon revenue was up 27.2% while all of retail is up 1.8%. What is the retail ex-AMZN number? The big 3-4 retailers continue to starve out competition, and are fighting a labor war that will accelerate the death of mid-tier retailers/specialties.

 

[RU-05]

2 points:

a) Given the increase in the money supply, should a 1.8% uptick be considered growth?
b) Amazon revenue was up 27.2% while all of retail is up 1.8%. What is the retail ex-AMZN number? The big 3-4 retailers continue to starve out competition, and are fighting a labor war that will accelerate the death of mid-tier retailers/specialties.

a)Retail sales since March are way above the precovid trend line. It has come down a bit since, but it was up month over month, and it was expected to be down. So yeah, it's growth, and it was above expectations.

b)Was Amzn up 27% month over month? Did they report their August #'s?

But here is part of the breakdown.
"Spending soared the most at nonstore retailers — which include e-commerce websites and pop-up stands — as such businesses enjoyed a 5.3% gain. Furniture stores saw a 3.7% jump in sales and merchandise retailers followed with a 3.5% increase.

Other sectors continued to see sales slide through the virus resurgence. Spending at electronics and appliance stores slid 3.1% in August, while sales at vehicle dealers and parts stores dropped 3.6%. Sales were flat in restaurants and bars, suggesting the renewal of some mask-wearing rules did little to dent Americans' return to dining out."

Americans kept spending amid the August Delta wave as retail sales unexpectedly rose to $619 billion

Retail sales rose 0.7% in August, far outpacing the estimate of a 0.8% decline. The month saw the Delta wave intensify and mask-wearing rules' return.

www.businessinsider.com

 

[mdk01]

Coal use is declining. In the US it peaked in 2007. It's usage is down over 50% since then.

Use of coal - U.S. Energy Information Administration (EIA)

How much coal is consumed in the United States and amounts used for electricity generation and by industry for steel/metals production.

www.eia.gov

Explain how that is relevant to the use of coal in:

1. Germany

2. United Kingdom

While you're at it please explain to me why in a "zero" tsunami or earthquake area of the world the zero emission zealots shut down their nukes (notice I did not say build new ones) when the result is an increase in coal use.

 

[RU-05]

Explain how that is relevant to the use of coal in:

1. Germany

2. United Kingdom

While you're at it please explain to me why in a "zero" tsunami or earthquake area of the world the zero emission zealots shut down their nukes (notice I did not say build new ones) when the result is an increase in coal use.

Germany:

Germany Coal Usage/Consumption 1960-2024

Sources of electricity refer to the inputs used to generate electricity. Coal refers to all coal and brown coal, both primary (including hard coal and lignite-brown coal) and derived fuels (including patent fuel, coke oven coke, gas coke, coke oven gas, and blast furnace gas). Peat is also...

www.macrotrends.net

England.

UK: Coal consumption 2022 | Statista

The coal industry in Britain spans back to Roman times, but over the past four decades the industry has been steadily declining.

www.statista.com

Seriously, do a little homework.

 

[RU-05]

And before you mention China.

China Coal Usage/Consumption 1971-2024

Sources of electricity refer to the inputs used to generate electricity. Coal refers to all coal and brown coal, both primary (including hard coal and lignite-brown coal) and derived fuels (including patent fuel, coke oven coke, gas coke, coke oven gas, and blast furnace gas). Peat is also...

www.macrotrends.net

Also declining since 2007.

 

[RU-05]

What I like about internet debating is it forces me to go find information. Someone makes a point about something, let me go find out if the stats back that up. I learn stuff. Like even above, I didn't know all those countries have seen significant declines in coal usage. I knew the US has transitioned to natural gas and other sources and I've heard China is trying to get away from coal as well, but I didn't know to what extent. This forced me to go find out what is actually happening out there.

Same with the point above about retail sales, I didn't know where we were in terms of sales now relative to pre covid levels. Way above as it turns out, though we have declined a bit since our peak in April. I now know this.

Comparing TSLA's growth over the last 5 years to GM, I did have an idea that this was happening, but I reinforced that idea with actual reported #'s.

Just shooting from the hip saying stuff I heard somewhere as if I know these things as facts? What is that doing for me? Perhaps reinforcing false notions? Pass.

 

[mdk01]

Germany:

Germany Coal Usage/Consumption 1960-2024

Sources of electricity refer to the inputs used to generate electricity. Coal refers to all coal and brown coal, both primary (including hard coal and lignite-brown coal) and derived fuels (including patent fuel, coke oven coke, gas coke, coke oven gas, and blast furnace gas). Peat is also...

www.macrotrends.net

England.

UK: Coal consumption 2022 | Statista

The coal industry in Britain spans back to Roman times, but over the past four decades the industry has been steadily declining.

www.statista.com

Seriously, do a little homework.

50 years ago? 60 years ago? Seriously????????????
Bull****ingshit

 

[T2Kplus20]

What I like about internet debating is it forces me to go find information. Someone makes a point about something, let me go find out if the stats back that up. I learn stuff. Like even above, I didn't know all those countries have seen significant declines in coal usage. I knew the US has transitioned to natural gas and other sources and I've China is trying to get away from coal as well, but I didn't know to what extent. This forced me to go find out what is actually happening out there.

Same with the point above about retail sales, I didn't know where we were in terms of sales now relative to pre covid levels. Way above as it turns out, though we have declined a bit since our peak in April. I now know this.

Comparing TSLA's growth over the last 5 years to GM, I did have an idea that this was happening, but I reinforced that idea with actual reported #'s.

Just shooting from the hip saying stuff I heard somewhere as if I know these things as facts? What is that doing for me? Perhaps reinforcing false notions? Pass.

You really don't understand the internet. The internet is for trolling and bitching, not learning.

😁

 

[RUJohnny99]

What I like about internet debating is it forces me to go find information.

What I like about the internet is the quickest way to find correct info is to post incorrect info.

 

[RUTGERS95]

Explain how that is relevant to the use of coal in:

1. Germany

2. United Kingdom

While you're at it please explain to me why in a "zero" tsunami or earthquake area of the world the zero emission zealots shut down their nukes (notice I did not say build new ones) when the result is an increase in coal use.

you have to just ignore the nonsense. His use of this to support his view is freshman like.

funny thing is the ev crowd doesn't realize the environmental impact is worse with the mining, energy needed to shift the paradigm, recycling concerns, rare earth metals variables etc etc etc

gas cars are not the problem